The Express.
London, England, 1847-01-28 00:00:00

with reason, that whatever may be the insufficiency
of grain, the banking difficulties of the moment
cannot be beyond the power of easy rectification. Con-
sole, 911 to f for money, and 911 to I for account. Ex-
cbc :suer-bills, 4.. to Ss. prem.
Thera was litt;..' movement in the foreign funds. Two-
and-a-Half per Cent. Dutch stock, 871 to 81 ;
Cent. Certificates, 911 X.: ! Meiji:all. the Four per
22 to 1; Portuguese,
33 l to 41 ; Three per Cent. Sp.:7`ish, 341 to I.
It will be seen that the stock markt: was in a vacillating
state to-cloy, and that dealers were evident... 7 uncertain bow
to construe the position of affairs. The piomiss.'d loan, upon
which speculations had been based to a large :xtent, has
disappeared for the present, leaving the pure specs. atop fur
time a decouoert, as the French say, that is, repeer,i to the
great chances of a reverse. It is clear the Bears ther.`fo"
have been getting into stock, and so the prices have be...."
kept within a certain equality of range.
As the corn market exercises no inconsiderable in-
fluence upon the prices of stocks, and the rates of money
as well, it may be mentioned, as a fact, that some large
amounts of corn bills have been offering, within the last two
or three days, in various quarters, for discount, beim,
doubtless, condemned by the banks in the regular course.
We know, so a fact, that a very considerable amount of this
class of paper was offered to a leading capitalist, who is se-
customed to large money operations, because always with
vast resources at command, and who might have exacted tie
own terms, hut his answer and advice was, to the parties pre-
senting, to sell their speculative corn, as the presentprices could
not long be supported. whilst at the same time he refused to
receive their bills for discount. As a well-known acute house
of business, this refusal of apparently advantageous employ-
ment of money may be explained by the fact that the bills
so presented, with names of repute on the face, were nothing
less than accommodation bills. London on Liverpool, vice

acrid, and so between the same places and other part. It
is clear from these circumstances that the late movements
of the Bank of England have produced their effect is
restricting the action of country banks.
Letter. from Northumberland, Durham, and parts a
Westmoreland and Cumberland, advise that never were own
stacks so abundant, and that even stocks of old corn ONO
were yet on hand, waiting the highest prices to be obtained. the
limit of "'Lich was supposed not to be then attained. The
bank. had been liberal in their advances upon advancing
prices, and the farmer', therefore, were enabled to hold, and
if accommodation were e,ntinued, would be disposed to hold.
Such ore also the accounts received from private but accre-
dited sources in Lincoln.hire, and these are among the prin-
cipal corn growing counties of England, where the farmers
are generally well doing, and the hanker, are ready to assist
on occasion. It may he expeetei, therefore, that corn will
be brought more freely to market now that the bankers will
become rather anxious to recall their advances.

Nab INA. IN* 44 INN lkouls. [ION, II
3 per Cl. ud. Anse, 111 *i I ID. Bonds. under I.noW , 6
3 prr Ct. Cando .41••• . 41.1 I ,1 South des Mort . Inn
Neer if pre Ct. Wis. NI If 34 Commis for Nee, 111 t f h
Lout J.M. esp. kb Ju.. 1890. lsciequerlldls, I,Uoul ,IN, 48
611.14 6 16”-14 Du 4001 4 6

leda. e 4. k, 231

i

yparao*

per Ct. Brartlisa M.A.. 4" '—
Do. New, ISO am len, inj
22 per Ct. Equeder Puree, at
1 per Ct. Grouse^ houes,l94
S per Ct. Mealeas, 1444. 212 2
4 per Ct. Poo usurte:ltoatte. 330 31
4 per ft. Portuguese Benda, Acct.,

FUNDS..
I per C. Spaslsh Suede Ara., Feb.
13. 241
Du. Peril,. mds, 31
3 peat. Span Eds.. 34/ 4I
te per Ch Dutch Embus/re, 12 Gall.,
4 per CC do Cettlllcatits. nll