The Express.
London, England, 1847-08-26 00:00:00

THE EXPRESS, THURSDAY EVENING, AUGUST 26, 1847.

MONEY MARKET.

WEDNESDAY REINING.
So far there have been no very precise indications
as to the bearing of the account which comes en for
liquidation to-morrow, although it might seem, from
the alight downward tendency of prices in the latter
part of the day, that the operators for tho rise were
somewhat at fault. But the partial decline aught be
attributable, perhaps, to the currently-reported em-
barrassments of an outside and West-end speculator,
strangely enough said to be a lady of high rank,
unable to cover the brokers employed for the diffe-
rences standing against her account. It is proper
to add, however, that about the close of business the
affair was stated to be made all right, and it was
asserted that the distinguished party in question had
herself visited the City, to conch:de the oc:maiarY
arrangements. The name of the lady has been familiar
on the Stock Exchange for some months, a. habitually
a dealer and chapman on a large scale in stock and
share values, but how far common report may he
credited it would be difficult to determine.

The first dealings in Consols this morning were at
87k, the quotations being. 87 toy for money and to-
morrow ; bat they subsequently declined to, and
left off at 964 to 7. Reduced Threes 871 to 1. Three-
and-a-Quarter per Cents., 88Z to 9. Long Annuities,
9to 1-16. Exchequer Bills, par to 2s. prem. India
Bonds, 7s. to 35. dis. A parcel of South Sea Stock
realised 954. Bank Stock 1951 to 7f. This, as the
day before the account, was option day. At a
quarter before three o'clock, the precise official time,
the options were declared, and some amounts of
stock were understood to be "put" at 87.
The foreign market was altogether heavy and with
declining prices. The advices from Madrid, both
financial and political, continue to be looked upon
in so unfavourable a light that the quotations for
Spanish securities give way fractionally almost day
by day. The Fives descended further to-day to 191
to 201; the Threes to 291 to 30. Portuguese, 25
to 7. Dutch Two and-a-Half per Centa. 551 to 61 ;
the Fours, 88; to 91. Belgian Four-and-a-Half
per Cents., 92 to 3. Mexican, 181 to 1.
The advices from the cotton districts to-day report
in the same discouraging terms as for some tune past
of the state of business. From Manchester it is said
that at the market yesterday (the great trade market
of the week) there was rather more inquiry for yarns
and price goods, but at prices which left the pro-
ducers no better than before. Tho number of
mills which had stopped working, and of hands
thrown out of employ in consequence, was
still on the increase. The demand for yams
for Russia this year would seem to be materially
falling off, which, considering the heavy imports of
corn, besides other products of more usual require-
ment here, appears somewhat singular. The fact
would indicate probably either a slackness in the
textile industry of that empire, or a material in-
crease of spinning machinery, with a large come-
vending import and consumption of raw cotton.
This state of affairs in the great manufacturing dis-
tricts is the more unfortunate, and will of course be
all the more severely felt, under the actual circum-
stances of adverse trading balances generally. It
may be noticed, as some relief to the manufacturing
community, that credit is given for the prudence and
consideration of banking management in Manchester,
by which reasonable accommodation appears to be
afforded, and thus the stability of trading interests
better assured. •

LSOLISII DCNDOII.
Bank Rook. 191 * 54 lodia Duna.. 1100% 7 dl..
3 per Ct. Had. Anna, 87jd I Ditto iintolicr ,AlOOO, 7 WA
3Nriiir 01. Cooeob
31 per 13t, A A''''',
994144 9 Cont. 374 ej 7' 44
I,ong Aran, expire Jan., Ex. 8916,13,000, 24., 2pui. 1 db.
1840,91439 2 pro. par,
Long Anne.. 30 years. =pins 3th Ditto, .000 S! pm.
Jan., 1/160,114 Ditto, Fiona 3 7 pm.
YONEIGN FU N DS.
5 per (It. Madame Bin., S 4 o 3 per Ct. Spada Bda., Acct., Aft.
4 per et. Portuguese Ikla,_X 31, 2fij 30
6 r'Cen 4N1401414. Mon D 14.24,11, X Perm Ct. Belgian Bda, Ku. IS
tra, 2j
5 per Cl. Span n& hairs Ns., X X per Ct. Dutch Each. 12 01., 60
3 ign Cent Spanlen Bonds, 29j 1 per Cl Innen GOAL. U 4