The Express.
London, England, 1848-01-08 00:00:00

MONEY MARKET & CITY INTELLIGENCE.

Two o'Clock.—The letters by the overland mail
from India were delivered this morning. We are
sorry to learn the report of the failure of another ex-
tensive house there or in China, or perhaps having
establishments in both countries, in addition to the
emulsifies before brought by the India papers.
The funds became rather depressed upon the ad-
vices brought by the French morning mail, that the
Bente. were lower at Paris. The uecline, however,
was found to be so slight that the market shortly re-
covered, and improved upon the opening quotations
from Ito -1 per cent. Consols are now 861 to I for
money, and 881 to for the opening. Reduced
Threes, 861 to Z. Three-and-a-Quarter per Cents.,
87} to 4. Exchequer Bills, 18s. to 21e. pm. Bank
Stock, 189 to 191.

We have but a slack market still in foreign stocks,
which have not participated in the more active de-
mand for the home funds. Spanish Fives are 191 to
20; the Threes, 291 to Portuguese, 24 to 31.
Dutch Two-and-a-Half per Cents., 54,1 to ; the Fours,
85 to Mexiean,l7l to 18.
Letters from Bahia, of the 19th November, report
a complete money•panic among the merchants, in
consequence of the intelligence just received of the
great failures here. Bills on England were, of course,
out of the question ; for, even if there were drawers,
no takers could be found. Mercantile business was
almost entirely suspended. It is to be feared that
some considerable amount of bills drawn upon firms
here which have become insolvent will go back upon
Rio Janeiro and Bahia, with ruinous charges of ex-
change and re-exchange upon them.
ltvwla FU N 11S
flank Stock, 191 3 per C.C. Cone. for Ae., 86.1
3 ie., Ct. Atork, 664 I 31 per Cent,. fa 6
3 per Ct. Colic Atom, bbk I Exebenuer Btha, it to fie. p.
FOIL 1J FUNDS.
5 per Ct. Aiietvinn Bond., !1.1 6 1 pee lent. armadallde., 17i 13
44 per CL Ml,OlOOll/4 40 Orenada Itlerred Ode., 3 4
3; per Coot. ditto, 6 per Ct 31e nr, 1848, 17.418
S per Ct. Hraelltaa errs., 79 81 6 per Ct. Perm lau ti 31
Ditto Nor. 76 Pertunti..,e Cone. Ode, 241 64
6 per Cl A)11211111,.. 30 2 I par et It
107 g
1/Itto Chillan 68 93 Ditto Spanl.ll 111.1.. 20
Dap,, Colupili. Def. 3 per CL Spaalehltde., /01
Columhien I..qua.lor II Orinnieh Deferred Ikb_ 1 13
3 se, Ct. Ditot.ll Ode., 82 4 SpardAti Ode.. 45
21 per CL hutch (11 2 1,,,c; Ct. enesuela 31 6
4 ter Cl. Ccrte Dutch, 845 Si V ezue'l Deterred Ode., 911

RAILWAYS.—The share market remains firm
and well supported. London and North Westerns
have been done at 151. North Stafford's, Bucking-
hams, Readings, and lteigates, all better.
SALES EFFECTED UP TO TWO THIS DAY IN LONDON.
Y-sterday's prices will he found in laot pose.)
Aberdeen, 261 N. litaffordgiire, 71
I,ir. and Oxford in., 221 1 Lon. and N. Western 1511 1
Dm., Stain., & Bit, 41 Do. Qrs. L. & 8., 331 4
Caledonian, 361 8 lb. Qrs. New, 8
E. Anglian, 25/., L. and E. and L. Du. 10/. ab., M. &B. (C),51
and D., 121 Loft& S. Weotern, 54 31
E. Counties, 12/ / Do. New 50f. eh., so
Do. Extension, 5 per Ct. No. 2, Man., Dux., & Mat., I
d Oxford, Woe., & WoL, 191
Great Northern, 44 Shrews. and Itir. Class It,
Great Western, Ni 4 a. E. & Donee, 39/ 11
Do. Halve,. 33 Ito. No. 3, 91
Dn. Caro., 101 4 Do. Thirds, No. 4, 51
Do. Fifth., 231 York, Neste, & Bee., 341
lb. New 171. sh., 101 I Do. orig. New. st Ben, 311 I
and Selby Ilalrea, 50 Do. Extension, No. 1 (York &
Lane. and Carlisle, 591 Newe.), 131 I
Lane. & York. Thirds. Reg., Si d Do. No. 2 (Newe. & Ber.), 121 1
Du. Pres. & Wyre files, 13, 11 Do. G. N. E. Pur., 31
Load. and Bluekwall, 5 York and N. Midland, 74
Lon., Bright., & S. C., 431 3 Do. Pref., 16 151
NISILuuI, 11l 12 Do. E. and W. R. Eat., 344 1
Do. 40/. 014,411 1 Dutch Ithenioh, 21
Do. 51.1. sh., 131 I I Fait Indian, 1
Do. lite. and Derby, 86 Paris & Lyons, 5/
Do. Cono. Briot. & Blr. 0 per Paris & Orleans, 46
Cent., 121 2 West Plunders, 11
LIVERPOOL SALES, JANVAIM 7.
There was a decided improvement to-day. No stock in
the market. Buyers numeroa
Birk., Lon., & Ch. Jn., 6 9-16 d
Do. (lute C. and 11.5 per Cent.),
151
E. Counties, 151
E. Lancashire New, 31 d
Ulm& York.Pifths, Bd. Dar
Do, (late W.R.L., 21 d
Lon. & N. Weotern, New Qr.. CI
Man., Sheft, & Lin. Clm,No. 2,17
Ds. Pref., par
MiOarid, 112
Do. 4.1. oh., 431 3
Ito. Halves, It
MANCTIESTER
The market opened at higl
ward, the close. There was a
acted.
Birk., Lon., & Ch. Jn., 61 7-16 d
Lancashire New, 3 7.16 1
(ire it Northern, 01 d
Ilu4l. and Man. R. awl C.., 27
Lau. & York., VALLI., 21 13.16
Lento and Thirsk New, 14 d
Lon. & N. W. (M. &B.), 59
Do. Qrs. (C), 4 p

N. British Halves, 12
8. P. & Dover, 911
Do. No. 2,91 d
Do. No. 4, 11 4
York, Nene-, & Ber. (G. N.
Pur. ), 11 4
Leeds 1% Think Pref., 11 d
Liv., Crosby, and Soutk., 11 d
N. Staffordshire, 4
Shrews. and Chest., 2 p
Do. Pre( , 21 1 1)
Dutch Rhenish, 4 9-16 d

;ALES, ANrARY 7.
her quotations, but receded to-
t fair amount of business tracts-

Man., Sher., & Lin. rid., 1-16 p
N. tqafforthhire, d
North Vnion (A), Z d
E. & Dover, be. at 101., No. 4,
1 11-16 j d
York, Newc., & Bee. Estes. No. 2,
2 1146 p

firmer,
Thu market was fi
transacted. Prima generally
and Glasgow, 45
Great W. stern llalvee, 8
Mid. 6 per Cl. Erie. 1k 1 r., no; 1
LEEDS SALE!
The transactions in shares c
main stationuy, except in t
\Nest Ridings, both of which I
Lan. & York., 321. eh., 5 d
E. Lanciehire New, 84 3/.Bs. 911.
Lem& S. Week Pref. Scrip, 26. d
N. British Thirds, 2s. d
Do. Halves, 12}

;ALES, ',lran,. 7.
and there was more business
had an upward turn.
Bir.,Wolv., If %e. 3d. d
Staffordahire, 3e. Al. d
Shropa. Union, 46. 3d. 21 d
JANI,ItY 7.
continue trifling, and prices re-
the New East Lancashire, and
improved a shade.
West Riding Union, 575. rd. d
Lon.' Bright., and s. Coat, 431
ShropshireUdon, 21 d
Dover, No. 4, 11 d

BRISTOL SAL
The market to-day was mot
firmer for these two or three d
Bristol & Exeter New Shares, .5 d
Great West. sh., p
Da. Qr. eh., 2i p

J.t.vrAiT 7.
active, and indeed has been

Midland (401. sh.), 3 p
N. British Qrs., d
Do. Extens., I d

PRODUCE.—LIVERFOOL, Jan. 7.—Sugar : There
has been rather a better feeling in the market, attended by a
slight improvement in prices, and the sales amount to 400
hhds. B. P., 5,000 bags of Bengal, 1,500 bagadauritius, and
900 bags Madras. Foreign : The sales amount to 70
cave, 800 bags Brasil, at 13s. to 16e. for brown ; and 18s. to
21e. 6d. for low to good white; 200 boxes good yellow Ha-
vannah have also been sold at 215., with 50 hhds. Porto Rico
at the quotations.—Molasses : The sales are unimportant.—
Coffee In Jamaica only 30 tierces have been sold, but
foreign has met with more demand, and the sales amount to
1 2,200 bags La Guayra to the trade, and 150 bags Bahia for ex-
port, at 28s. 6d. per cwt.—No pales in Cocoa, Ginger, Pep-
per or Pimento.—Rice : 200 tierces Carolina sold at 20.. to
Ws. 6d., and 4,000 bags Bengal at bs. lid. to 10s. for yellow
cargo, and lls. to 14s. per cwt. for good broken to good
white.—Ram: The market is steady, and the lower
qualities are scarce; the sales are about 100 casks,
including fine Demerara, 40 per cent. 0. P., at 3s. 6d. ;
and 2 per cent., at Is. 10,1. per gallon.—Tea ; Busi-
ness to a fair extent has been done in Congous ; common
to good at previous prices, but the fine Molting kinds at rates
more in favour of buyers; in green teas little or nothing
doing. A public sale of Nitrate of Soda, 1,200 hags, brought
Ils. per (mt. Guano ; No particular change has occurred
in this article, the sales being about 200 tons of the ordinary
descriptions.—Tallow has been in very good demand
throughout the week : Petersburg Y. C. 'fallow, being ex-
tremely scarce, has realised 48s. to 48s. 6d., and shout 150
casks, not for immediate delivery, have been sold rather
under these rates ; about 300 casks South American sold
briskly, on Wednesday, at auction, at 41s. to 455. per cwt.,
according to quality. At public sale, yesterday, there was a
good competition for American Lard, and prices went higher;
about 360 tierces and 500 barrels, principally of good quality,
brought 52e. to 665., and a few kegs, 590. Ud. per cwt.

BOPS. BOROUGH MARKET, Two o' Clock.
Mews. Pattenden and Smith report that prices are on the
alrance for Sumo a Hops.
Nos 'II4k E. Rents 41. 0 la/. 19
New Weald of Keine 2 16 too U
Now Storni ........ 2 10 to 3 10
Farolunt. ...... 4 4to 6 12

Kent.cp.or t.`1.10 to Y. 0
Yestrilos du-00.1 „ 2 sto 3 0
1.04 ...... „ 1 lo to 2 U

WORCESTER, Jaa. 7.—50 l
place in the Hop market tiro
pits are setting very scarce,
tint prices per cwt. ; Low
tine, 60s. to 40s. ; yearlings, I

hing of importance has taken
e our last reports. Fine sam-
ad held for more mosey. Pre-
new Worcesters, 50s. to 5Gs. ;
Kis. to &Ss. ; old olds, 205. to 505.

lIAY.—SuirnFIELD, Two o'Clock.—Messni.COoper
and Davis ?sport the following quotations :
Pei. Meadow G. to 74a I H0wen....450. to 54.. I Straw..:.:. tO
Interior ...... Si. to tat. Clover ....75t. to Kw

CORN.—EXETER, Jan. 7.—The market to-day was
well attended, and there seemed to be a greater disposition
among the growers to sell than has lately been the case ; but
u the millers refused to give the prices asked, this in some
measure prevented business. Ultimately. a considerable
quantity of Wheat changed hands, the price for the best
English being 7s. 6d. to is. 9d. per bushel, but the latter
must be considered as the extreme quotation, many millers
refusing to give more than 7s. 6d. Fine white Dantzic
Wheat was on offer, to be delivered at Exeter-quay, at 76.3 d.
per bushel of GOlbs.; red Polish Odessa, 475. per qr. Barley
4s. per bushel. Oats, 2s. 10d. to 3s. Fine Flour, 42n. to 435.
per sack of 2801bs.

_
Hum., Jan. 7.—There has been a 000 d supply of English
Wheat, and the best-conditioned samples found buyers at last
week's rates, but other samples are difficult to quit. Oats
and Barley unaltered. Beans and Peas have somewhat re-
covered after the panels have been cleared off the market,
which were pressed on sale at Is. to 2s. per qr. decline. No
sale for sowing Tares at present. Rye Meal has been pressed
forward at lower rates by some holders. Linseed Cakes,
Hull-made, command a steady sale at 11/. 2s. 6d. per ton.
The late extraordinary mild weather and large arrivals of
lonian Cakes have mused a fiEllela in the market, and, to