The Express.
London, England, 1847-09-22 00:00:00

MONEY MARKET.

TVISDAT ETIININCI.
As a consequence of the general absence of excite-
ment in monetary affairs to-day, the funds left off at
still higher values. In the early part of the morning
there was every indication of an improved tone of pub-
lic feeling, nor would there have been much to abate
the reviving confidence exhibited had it not been for
the operations of parties presumed, from their general
course of business, and their continental connexion, to
be in possession of important news relative to Austria
and the Pope. These parties came into the market
and effected heavy sales of Consols, the influence of
which more than neutralised the advance established
in the first instance. An active movement on the part
of the Austrian troops against the authority of
the Pope was again talked of, very recent
advice' being, as it was believed, in town, upon
which the bear transactions noticed were based. The
failure of a house in the wine trade was among the
gloomy on dila of the day ; and there is but too much
reason to apprehend, from what transpired on 'Change,
that there is really another name to be added to the
sombre catalogue of those who had previously been
compelled to yield to the severity of the impending
rgi, and this a most respectable one ; while at
v=l the large mercantile house of Messrs. Wat-
ion.grothern, and Co., which has branches at Leeds,
,Manchester, and other parts of the United Hinadom,
ins well as several in Mexico, has also been driven
to the same unfortunate extremity. The liabilities of
Mesas. Watson and Co. are placed at the

PARIS, 1an.20.

S per Cents.
S Do.

---irs-
-114 Of

For ammo.

H....T[71061.E
U 42
XS 14 T 6•
36
U 4 Z 114 114 31
114
•

Ezebangi on London. IS 20 - • -
BeTaLlin 6,1840 .. .... I 9%llearg 1 Malin, Itentis Maw.
Do. Po. 6, 1842 DM 1 Itenrin [non ..
„11 Tran•ury Bonds
Do. 2* . . ~ d flank blarna 3180
M•DRID, Bre?. 15.-Three per Cant., 26; Lire per Cents., 17*: Pla-
IIiVES, N; Couponx. 14, Bank of et. Ferdinand, 116; Bata al fit.
Lobelia. 120. Ltd:Ann on London, 43 70-11.

PARIS BOURSE AND MONET MARKET—This week has
presented one of the moat onnidereble declines the public funds and
railway Pharr, have ever felt. This to generally attributed to the
tinanclal detester. of the London market, where bankruptcies become
more numerous and more oausiderable from thy to day. The habil'.
ties of the dreadful erttlement which now memos upon the English
market are estimated at no less than LSO millions of frame, proceed-
ing principally from the speculation., on cern. The reaction ketchns to
he felt in Hume, and Americo, from whence the corn was expedited.
As for ounelvea, we have to suffer the weight of the delivery of oft
the French main, shares which had been purcheae I by the English,
and which now return by thousands to he disposed of on our market,
ahead yso overladen with this kind et etude. It is thus the decline of
several of our lines can alone be explained, since they me in a more
flourishing situation than ever. The better the kind of stock the
greater was the decline, because these securities are the most easily
converted into crab. Nothing but the Intense crisis which now &libels the
English market could have induced the first-rate houses to return to
IM the Orleans, Rouen, and Northern shares, at the very time these
lime ore in the highest state of improvement, and give the fairest
hopes. Among different causes to which Is to be attributed the decline
of the Orleans shares, are mentioned the many arbitrations between
these shone rand thew of the lines not yet tinithed, such on Stras-
bourg, Tours to Nantes, Re., which require but a very entail rum of
money, and which as a temporary investment ,present relative 'd-
evotee., which are pretty considerable in the peenont cute of market
prime. Let us trust we are approaching the tetm of the disasters
which altitet the London market, and that the approaching re-pur-
chase of consols will have a favourable effect on the Teri. Market.

Besides, commercial embarrassments have frequently given race
to a decline in public stock, whkh then servos an an asylum for
the capitals of those who take alirm at the reverses of trade, and
each might be the consequence of what has lost taken place in
England, if the unewiness recently created by the situation of foreign
affairs couid be removed. We home to bout that French trade has
not yet sulfercd from the financial rererses of Great Britain, with
whom it is so closely engaged, and nothing can be more beneficial in
re-eauthlidling public confidence than the solidity of our houses in
present circumstances. Thin solidity will Genitals the lean, which
ha. again been deliberated open, with some degree of vivacity, and
the epoch of which, it in said, will be shortly fined upon. Thin ru-
mour has given rice to sundry fluctuations of rise and decline, which,
during two or three Bourses, hare freed us front the influence of the
English stock. Such quantities of stock hare been sold out, In previ-
sion of this loan, that it may be presumed that, at the moment of Its
realisation, speculators will vie with eschother in re-purchasing their
dock, and in thin manner produce, la the market price, an madden.
tam similar the one which no eaddily took pile* on tke eve of the
het loin, We must not, hoverer, hart to take into consideration
the differences of the times; but It any an happen that the conclusion
of this operation will be preceded and followed bra re-purchase,
more or Its important Seamen le hard, but prices are very low ;
and we are probably about to mash the sort evil moment of our
financial ablation.