The Express.
London, England, 1868-10-09 00:00:00

3

misted* assistant in 11'niversit7 College labors-
ron.rsest to Professor Grabens, now master of the
Dr. Paul has long devoted himself to the
study and analysis of ooal and its various pro-
f has attained a high reputatiost in that
brandchemical science.

The emend memorandum is from the Hop and
Malt Exchange meted) :
At the Bop mad Ilz the hop trade
was dull, at about late ratesobasse. Severalto-day cholas paroels
found bsysis at prices rather under those of last week.
The brewers de not appear to be buyer. to any great
=Lent, and while this es the OW the trade will reissue
inactive. Malt was rather better. First quality realised
74.. to 7da. per quarter ; mooed and 'niftier, 70s. to 73e.
per quarter.
The following_ is the officialretern of the cheques
and bills cleared in the Bankers' Clearing-house for
the weak ending Wednesday, Oot. 7 :

Thursday, Oct. 1 210,793,000
V&tOct. 2 9,877,000
ay, Oct. $
M0nday,9,746,000
Taiaday, Oct. 6 11,184,000
why, Oct. 7

/46.884,000
/ow C. P 0000; Deputy DuPeeler.
Beaus' Clairia&bouss, Oct. 8.

For the corresponding week of last year, the total
was only 61,247,0001., so that the increase affords
fair evidence of an enlarged commercial movement.
This view is confirmed when we find that, against
the 16,232,0001. of cheques and bills cleared on
the 3rd inst. (the 4th being Sunday), the amount
on the 4th October last year did not exceed
12,766,000/.

The position of the leather trade is noticed as
under in the monthly circular of Mears. T. J. and
T. Rowell, dated yesterday :
' . . _

Another month hie passed without bringing with it the
king-looked-for improvement in the de for heavy
solo leather, or, at least, bringing so limited and partial
an improvement as to leave the great bulk of the article
uninfluenced. Prime English butts of middle and heavy
weights have met rather more inquiry, but for the bulk of
the butts from South American hides the demand has re-
mained unusually small for the time of year ; if, however,
the heavy sole leather trade has been dull, the market hai
maintained great activity for light sole leather, with a
very maall supply, and many kinds of dressing leather
have been particularly scarce. Prices have not shown
very greet variations they are
.generally
.flrm, and
in some cases, especially in light dressuig hides,
a further advance has been edablisked. The returns of
the Board of Trade for the first sight mouths of this year
show an increase of the exports of leather, " wrought"
and " unerrought," over the corresponding period of last
year, of more than 30 percent., and it may be presumed,
that with the existing small docks, excepting only of
South American Butts, prices will be well supported. Raw
Goods.—The imports of sole leather hides have been
limited, one cargo only of River Plate which was sold
afloat has arrived. The other transactions have almost all
taken place at the public sales. The decks wo enumerate
were almost all reduced by the public sales of let, at which
full_prioes were realised for the Australia* and Cape hides.
At Leadenball yesterday there was a small supply of fresh
leather, and a good avenge demand, although the atten-
danosof buyers was not large. The articles most in re-
quest were light crop hides, light English butts, light Eng-
lish shoulders, common dressing hides., calf skins, and es-
pecially light English bellies. Former prices were well
supported.

The weekly return of the Bank of France shows
the following changes (the exchange being takes
at 25fr. to the pound) :

Coin and bullion
Dills discounted
Rotes in circulation
Private deposits
Treasury balance Decrease 693,400
Advances
The coin and bullion show a further decline equal
in amount to that of last week, but the total hold
AM exixxxls the astonishing sum of fifty millions
sterling.

The return of the Bank of England for the week
ending Wednesday, Oct. 7, compared with
that for the previous week, shows the following
changes:

Circulation issue £34,692,935
Circulation active
Public deposits 6,366,624
Other deposits 18,022,446
Government securities in

Decrease 8204,140
Increase 246,646
Decrease 78.670
Decrees. 712,671
Increase 09,586

banking department . . 15,039,716
Other securities in bank-

ing danartment
Coin and bullion in both

Decresee 312,564

departments 20,707,995 Decrease 293.191
Seven day and other bills 649,08.5 Increase 27,529
The Rest
Notes in reserve
Total reserve (notes& coin)
in banking department 11,060,030 Decrease 649,836
The Bank's discount and loan business continues
to fall off, as his shown by the decrease of 312,3641.
in the " other " securities, but, in consequence of
the heavy withdrawals of deposits, the reservo
has again been trenched upon to the extent of
549,8161. During the week the Bank received
from abroad 139,000/. in gold over and above
what it parted with for export, and, as the coin
and bullion show a diminution of 293,1911., a total
of no less than 452,1911. has to be accounted for.
Tho requirements for travelling and electioneering
purposes seem insufficient to explain so heavy an
absorption of coin.

BANK OF /
AN Acooirrr, pursuant to the A
toe the week ending on W
iWitt a 1,11.4
Notes issued £34,6WASkid I

►et 7th and lith Victoria, cap. SR
redneaday, Oct. 7, Hid&

tit;reTnnetat Debt £11.015,100
Other Securities 8,9810100
told Ocen arid Du11i0n.t9,6401,411
Biker &aLica.

531,801,936

&M OILING DI
=debate Cspital-i1t,663,000
Public Dermas ( 4B-1,719
in-
cluding kachaper,
flavinitts
OzeßamOcusgsß

P/STIIINT.

tie; - it5,030,71S
Other Securitains
Noted 1a,04.5,43
Gold and &Ivor Coin :i1,013,0111

NatioailDsht, mad
DividendAtootuita) 5,3A8,1344
Other Deposita
&MU Dey sad other
604066

C 42,153,574

Et.i61,116
0. Four, Chid Caallier.
1968.

Dated the 9th day of October.