The Express.
London, England, 1848-06-10 00:00:00

Whllulrno J~

York it Pt. MMacd..

MONEY MARKET.

FR IDi T EVENING.

The settlement of the account in Consols presented
no particular feature to-day. Contrary to expectation
prices declined, in consequence of some of the specu-
lators upon a further rise in prices having been rather
too greedy of profits, leaving over therefore the neces-
sary sales for balancing their accounts until the last
day, when from previous supplies of money stock the
bear" party bad been enabled to adjust their ac-
counts on better terms than could before be
obtained. The result of so much more stock coming to
market wan that Console became sellers at one time
at 844. They were done at 84, and only recovered
at the close of business to 841 for money, and 844
to; for account. These quotations show a small rate
of continuation as between money and account prices,
which has not been witnessed for some time past, as
the rates for money stock have not unfrequently been
higher than for time, through the scarcity and ready
absorption of all the stock brought to market.
Business was extremely dull to-day. For the new
account now opened the settlement is fixed for the
14th proximo.
Except in Spanish the dealings in foreign stocks
were extremely limited. Mexican stock, however,
advanced 1 to 1 per cent. Spanish Fives left off lower,
at 114 to 12 ; the Threes, 22 to 1 • Passives, 34 to
4. Dutch 'rwo-and-a-Half per Cents., 424 to 34;
the Fours higher, at 64 to 5. Danish lower, at 63 to
7, done, however, at 66. Mexican, 15 to 1. Brazi-
lian, 66 to 9. Peruvian, 32 to 4. New Granada, 111
to 124. Portuguese, 16 to 17.
Foreign exchange, in the general feature of the
dealings, was much the same. The exceptions were
that bills at short were more freely drawn by a lead-
ing exchange house on Paris ; and that more confi-
dence was evinced in the purchase of bills on Spain,
with a wide margin of difference in favour of Cadiz
over Madrid. On Paris, the negotiations at short,
were 25.30 to 571; on-Madrid, at three months, 40
to 401; on Cadiz, same date, 46 to 1 ; on Amsterdam,
12.31 to 4 ; on Rotterdam, 12.4 ; on Antwerp, 25.60
abort; on Hamburg, 13.124 to 131 on Frankton,
1221 to 1 ; on Genoa, 25.85 to 93; on Leghorn,
31.40 to 30 ; on Naples, 361—a1l but Paris and
Antwerp at three months; on Lisbon, at three
months, 51; to 4.
The Consol account, the settlement of which vru
operated to-day, opened on the 9th of May at 83; for
the highest, and 831 as the lowest rate. Exchequer
Bills at 42s prem. as the highest, and 395. is the
lowest rate. The highest and lowest rates of Consols
during the account may be thus described, the quota-
tions being for account :
Higbee:. Lowest.
Mn, IC 6l May 16
June 5 6l June 9 6li
Exchequer bills during the same period having
been at 475. premium for the March bills as the
highest, and at 30s. as the lowest rate.

The Bank of England averages for the week ending
the 3rd instant give, as compared with those of the
week preceding, the following results :
_arculanun issue 126,1160,014
Circulation wove 17,7793115
Pubhe depewts
Other &puska .
Government neetilitte• 1 ,00,82
In linking Department '. ''
Other. wesultke
Cute and bullion
eceenWay and other bills 1,038,176
The rest
The notes constituting the reserve in the banking
department had increased 149,000/ , the total amount
in hand being 9,080,653/. The next return will pro-
bably show some decrease under this head, as the
Bank shortly afterwards commenced letting out
money on loans at 3 per cent.
From Riga, accounts to the 2nd inst. represent
aflitirs, both money and commercial, in a favourable
light. The Emperor of Russia was expected there
fora stay of a month. He is stated to be exceed-
ingly popular, and no apprehensions were entertained
there of any outbreak in Poland.
. _ .

The ilaritburg mail brings accounts from thence of
an unfavourable complexion. Trade was quite at a
stand. Affairs with Denmark wore the same hostile
appearance, and the pacifie solution was looked for
from this side. No exchange operations were ;car-
ried on. It is stated in private letters that no
less than 70 Hamburg vessels, with cargoes,
were kcown to be detained on this aide by
the Danish imbroglio. Stocks arid shares were kept
up by the low commercial value of money, although
it was not to be had except on undoubted securities.
Silver was leaving the Bank for Holland and Frank-
fort, and gold also for the wool fairs. The revenue of
Hamburg was suffering greatly from the stoppage of
trade, and it was calculated that a loan to cover the
deficiency would be required.

BANK UY SKOLAND.—Actooef for the Week ending JUDO 3.
ISOM DIOLLTIIISNT.
Note. Issued . ...... ...413.1L0.00.1 I thmerituurit Debt. ... £11.015.100
Other Securities...... ;M4.901
GAI Coin sod YuJUou 11353.001
Sliest Bullion 1,4,1,3011
Cd. 807,063

08.8e10.M

RIMMING Di
Pmprtetori
Rat . .... 3.385,14 i
Public DePans ilockid.
Excheq., Say.
Commis. of
D0bt...1 Div. Accts.) 6;217.473
Other Depadt• . . 9,0,32,672
anea-datjaalotba Balm 1,06.17 ti
.0,3,276,479
June 8. 1848.

!lITHETT.

-47,;e7-17;;et s ea lilts
1ud.1,86,1 ir,teht
Aram £11,970,01C
Othor decurttioo
Notes
Cold ma Silver Coto

J233.216,4:1)

gifOLIFf
Bank Stock, 191 3
3_pwl*r Cl.
t:;t1. A,Zr.; 4
low I.Y. Anne., 64 I
Long Auns.. 30 )01". e1i,..144- 5,
9 Id
India koed.. .41.000. 16 PM.
Ditto under £1.509.11 Y 0 P 9.
YORI1113:
Surtetror,t-nllirlian Bend., Od
3 per Cent. IntnlA Row... 1823,03
i per Octit Epusdur Monde.3
6 per Oa. Aletatan, 1/06. 15
Spur Ct. rortuguere Bond.. 63

Y. BA &SHALL, Chief Cathie:.
FINDS.
South tits Stock. 921
3 per GAIL Ann+ , 64
Corneas (or Jul) 14. &U I I
Exchequer BUS, LI.OOO, 2d.,
33 6 46 pm.
Ditto, Lino, 33 6 In pm.
Ditto. Small, 38 640 pm.
FUN DR.
' S per (t. Spanish Bds., Acet. June
16, 1114 12 111
2 per Vt. & PAIDATC Bon
I 23 Pin Ct.Spann Dutch Ea., 12 Gull.ds. 42t31
pot Ct. Dutch cm tit., 631 41 31

KIC/lA.NOEti AND STOCK.: ABROAD.
Manion, Jess 3.—Three per Cents, 111 cash; after Bolas, 211
3-10 melt, RI 7-1 R per; Five per Cents., 134 paper; after Bolos, 134
eaAh ; Pusma prra, SI cub; after Boira, 3 coax; Bank of St. Ferdinand,
74 cook. 74 pap. r. Exchonec on London, at 40 dap., 42 31.1.
bacrqua, Join B.—liolgian Loan, 11440, ; Ditto 1842. 661;
DI., 1644,ii ( DIR.,, 113.36, 65 ; Plan, Illy: MM. 713: Ditto. 1443. 63.
Bank of Belgium, ; bane of 1841, 06. Exchange on London, 23.371.
Awr wits!, J rex B.—Exchamoi (141 Lund., 2.3.03 i.
V tat. s•. Jt.a I—Austrian Flee por Dante.. Ditto, Pour per
Conte., 54, Two.and a-nalf por Ceuta. 31. Loan, 1434, 110; Ditto. 1039.
oi. Book eharet, 223.