The Express.
London, England, 1849-08-01 00:00:00

THE EXPRESS, WEDNESDAY EVENING. AUGUST 1, 1849.

MONEY MAt.RKET.

TUUDAT ETNIFING.

• It te ratifying for us to he able to announce that
the next scooants of trade and navigation will show,
it is said, an enormous increase in the amount of
exposes during the month of June.
A oossiderable amount of money stock was brought
into the market during the morning, which caused a
decline in the English funds after the opening of
hominess, from which however they rallied a little
towards the latter part of the day. Consols
opened at 921 to 93 for money and account, and fell
to 921 for money, and 921 for account, they
were then done 4 better, closing at 921 for
money, and at 921 to Ito account. The Three per
Cent. Reduced were first done at 921, which price
they were marked at the close, having been done in
the interval at 93 and 924. The Three-and-a-Quarter
• Per Cent left off at an advance of 1 on the opening
price, which was 931, having been variously marked
at 1, 1,1, and last at 931.
Exchequer Bills were negotiated at 51.., and 48s.
premium. Long Annuities at 8 15-16 and 9. Bank
Stock realised 1984 and 1891. India Stock 2531, 2, 1.
India Bonds 83s. and 85s. premium.
In the foreign securities there was no notable varia-
tion from the quotations of yesterday. The business
also was not important, and is comprised in the fol-
lowing quotations.
Danish Three per Cents. at 691; ditto Five per
Cent. Bonds, 1849, at 961. Equador at 31 and 4.
Mexican, ex coupons, at 264 and 27 for money, and
271 and 264 for account. Portuguese Five per
Cents., at 80. Russian, at 1051. Spanish Five
per Ceuta, at 18 and for money, and 184 and 4
for account ; ditto Three per Cents., at 34, 1, and 4.
Three per Cent. French Routes, at 54 f.; exchange,
26 L 40e. Two-and-a-Half per Cent. Belgian, at 46 ;
exchange, 25 f. Dutch Two-and-a-Half per Cents.,
at 62, 14, and 52; ; ditto Four per Cent. Certificates,
at 81 4, 81, and 1.
In foreign exchanges rather more business was
does for this mail, and most quotations remaiced
without alteration, excepting on Holland and Ham-
burg, were a shade lower.
mooed series of public sales of colonial wool,
which commenced on the 3rd of July,/ terminated
yesterday. The attendance of buyers, both from the
interior and the continent, was goad from the open-
ing day to the close of the sales, and the quantity dis-
posed of was considerable. The prices obtained were
at an advance of about Id. on the lower, and 2d. to
3d. per lb. on the higher descriptions.
The advanced prices which ruled at the
German fairs this summer deterred many
English wool dealers from operating largely at those
markets, which has no doubt contributed to the ani-
ma.ion among the bidders, and to the firmness with
which the prices were upheld. The quantity actually
disposed of was, of Sydney, 15,1414 bales, which
realised for fleeces, from Is. to 2r. 3d., lambs, lc Id.
to ls. 9d.. ' Port Phillip, 16,887 bales, fleeces, at I Id.
to 25., lambs, Is. 2d. to 2s. Id.; Van Diemen's Land,
8,025 bales, fleece' at la. to ls. 51d., lamb., Is.
to le. led.; South Australian 574 bales, fleeces,
ls. to Is. 31d., lambs, Is. Id. to is. 5d.; Swan River,
275 bales, fleeces at Is. 14d. to la 31d. ; lambs;
le. 21d. to ls. 7d. New Zealand, 465 bales, fleeces at
Ilid, to le. 21d. ; lambs, ls. 2141. to Is. sd. Cape,
1,614 bales, fleeces, 91d. to Is. 31d.; lambs, ls. to
Is. 4d.; making a total of 42,968 bales, a considerably
larger quantity then has ever yet been sold at one
series of sales. Besides the above, we must not omit
to notice the sales at same time of the following, not
Colonial: Odessa, merino, 491 bales, at Is. Id. to
' la Bd.; ditto, zegoi, 626 bales, at 61d. to Is. Id.
Spanish and Portuguese, 185 bales, at 71d. to
ls. 2d. Buenos Ayres, 217 bales, at 21d. to
741. East Indies, 400 bales, at 2d. to 81. Sun-
dries: 2,454 bales, which include 997 ballots
Peruvian wool, making a total of 4,373 bales.
The prices obtained for groan, locks and pirws, slipe
and skin, were in proportion to the prices of the finer
descriptions. It is gratifying to mark the prices
realised for the New South Wales and Van Diemen's
Lead wools, which we believe have a fair margin,
and must operate as an encouragement to the
growers in oar distant colonies. On the other
hand, the falling off, or we might more cor-
reedy say the entire diappearance of Spanish
wool from our markets, where, only 25 years ago,
about 60,000 bales used to be imported annually into
Bristol alone from Bilboa, tells a melancholy tale of
the internal resources of that country at the present
day compared with its prosper me condition before in-
testine ware of rival factions turned the ploughshare
iiro a sword, and reduced Spain to her present un-
happy condition.
The forthcoming number of the Banker's Maga-
zine ban the following very interesting returns of the
amount of specie imported from foreign countries
for the half-year ending 30th June, by the various
lines of mail steamers arriving at Southampton :
It appears that the West Lail steamers for the six months
in question have brought to Southampton the enormous
amount of gold and silver, in dust, bars, coin, &e., to the
value of 10,570,655 dols. (or say, in *WT8,1.60,114,1331 ). the
product of the mines in Mexico, California, Chill, Peru,
Bolivia, and other South American States. Of this amount
about 930,000 doll. have been received from California,
' either direct or vi 4 Valparaiso, Lima, at which ports the
dust had been milted into bars. The Peninsular and
Oriental steamers have brought from Alexandria, during the
same six months, gold and silver coin value 498,5911. ster-
ling, the msjorlty of which has been specie remittances from
lladis, for account of the Hon. East India Company. The
Ceastantiaeple steamers have brought, within the same
tleadplll sad silver coin valued at 540,0001. sterling, and the
otomon Mut Spain and Portugal, specie, value 360,0001.
sterling; so that the total amount of specie received at
Southampton by the several lines of steamers from all parts
of the world, from the lit of January to 30th of June, in-
clusive, reaches 3,512,7241. sterling-an amount which, if
consisting entirely of silver, would weigh upwards of 400
tons, and, in gold would weigh nearly 35 tons.
The advice' from Havre report a dull market for
cotton during the week, the total sales not having ex-
ceeded 6,844 bales, or about one-half the quantity
sold the previous week. The prices were no longer
so firm though the quotations remained the same.
The sales of coffee exceeded 9,000 bags, and the
prices obtained were at an advance of I franc. For
sugar the market continued very languid.
The commercial advice. from Constantinople are
to the 14th July, at which date there was more
activity in the produce market. Goats'-hair was
attracting attention, and about 250 bales had realised
piastres 13 to 131, at which it was no longer attain-
able. Sheep's wool had advanced in prior, and about
4,000 kintals had been disposed f at 151
piastres per kintal, which is an advance of 7
pzastres over last year's prices. Although the
best time for the purchase of :silk' in Constanti-
nople is from August to Noveniber, still the
dealers at Brume were disposing of the new silk es it
arrived in small parcels at current rates. Maize was
abundant at 18s. 10d. to 21s. sa. free on board.

From Smyrna accounts have reached us to the 16th
July. The crops of fruit promised to be very abund-
ant; that of figs alone it was expected would not be
under 5000 toes. For madder roots there was an active
inquiry, and 400 sacks had been sold at 191, since
when the price had risen for good roots to 200, equal
to 33a.per cwt. free on board. Of Vslonia the stock was
computed at 1,500 tons, and 4,000 tons were expected
to arrive from the interior. Good quality was in-
quired after ; English assortment at 91. 51. to
91. 17s. 6d., with a mixture of 15 to 20 per cent. ;
Trieste quality at 101. 3a. to 11/. per ton, free on
board. Gum Tragacanth was very scarce, and none
expected for 3to 4 months. Persian berries sold
currently. Sheep's wool firm, worth, in the grease,
30. to 51 per lb., free on board. Cotton was quoted
at 30. to 32,d., at which there were no pur-
chasers. Of opium there remained of the
old crop but 150 baskets on the spot, and
200 in the interior, at market. There was
nothing doing, and the price was nominally
lle. 83 per lb. free on board; only 30 baskets of the
new crop had been brought forward. For imports
the following quotations were given :—lndigo -Ben-
gal, 75 to 85 ; cochineal, 82 to 83 per oke. Sugar :
Crashed English, 240 to 246 per Motel. Coffee : St.
Domingo, 525 to ' 650 per 100 okes. Freights for
England were a little lower; %/lonia, 47e. to 48s.
per ton ; madder roots, 70s. to 755. per ton. Ex-
change on London : In Beshliks, 112 to 1121 per
X ; in bill money, 127 to 127} per Z.
The Diario de Comereio, of Havannab, publishes
the following from Nicaragua respecting the opening
of the communication acmes the Isthmus of Panama.
The letter is dated from Leon :
We are awaking from our dormant condition. Various
vessels, of all sizes, touch at Resit° with passengers from
Panama destined frx California and have left some money
behind them. To the north, in San Juan, we have also yes.
sets with passengen and small steamers preparing to ascend
the river, and navigate the Lake, and others about to follow
them.
The legislature have already ratified the contract made by