The Express.
London, England, 1848-02-01 00:00:00

COMMERCIAL er MARKETS.

MONEY MARKET & CITY INTELLIGENCE.
Two u'Clock.—We still continue with a depressed
market in the funds. Consols have been down to
89 to 1, or 1 below the first quotations for time. They
have now partially recovered, and are quoted 89 to
money,and 891 to account. Some considerable parcel;
of money stock have been brought to market, and
contributed principally to the depression of prices. It
would apiear that the dealers and speculators are
selling upon the presumption that the Chancellor of
the Exchequer must intend an early funding of
Exchequer Bills, and a fresh issue afterwards.. Re-
duced Threes are 894 to 4. Three-and-a-Quarter per
Cents., 901 to 7. Exchequer Bills, 365. to 395. pm.
Bank Stock, 200 to 202.
We have bat little doing in foreign stocks, in which
prices may be quoted with little variation, but rather
mme firm generally. Spanish Fives are 211 to t ;
the Threes, 311 to t. Passive, 4,1 to 51. Portu-
guese, 26 to 7. Brazilian, 83 to 5. Chilian, 90 to
2. Mexican, 18 to 1. Peruvian, 39 to 41. Dutch
Two-and-a-Half per Cents., 54 to 1; the Fours, 851 to
t. Belgian Four-and-a-Half per Cents., 88 to 91.
Danish, 834 to 44.
The half-monthly. arrival of the Bombay Indian
Overland mail has just been announced in a second
edition of the Morning Post. The money market
there was comparatively easy, but the Bank never-
theless had raised the rate 03f4
wdisceo.int..
wiE_lxports dull.
In imported goods the transactions more satisfactory.
ENGLISH YV.V DS.
}tank Stock, WO 2
3 per Ct. Con.. for Az..B9f }
3 per Ct. lted. Ann,. raj
tn.? Ct. Cone. Aunt., f }schooner 11,W.34. to Ss.
TORZION FUNDS.
I per Ct. Alldrian Bonds, 94 8 I 1 per Cent. Grenada Dd., 19} 209
' Per Ct. Mg. Bonds, 88 91 Granada Deferred Bd.. 3 f
111 per Cent. ditto, per ClCt Keane& 1848, 19}
5 IrttCoLNl',.nin """'53 5 I I.r et P-C-ot, "5.1431
5 WttCjettrtn'ArT43, Trr" 30
3 rig','s),Rutra,..°!:illll 15
Dad° Colton!, Del. Ws. I 3 per Ct. npannh Inta,
Columbian I,oundor f Spanlph Deferred 11de.,12 13
3 per Cs. (Noah $3l 4} rilitliNh POIRITO lids., It 5}
if per Ct. Dutch 404, St 2 per Ct. Venezuela ltd., 38 40
4 per Ct. Carts Dula, Woman,. Deferred Dd.. 10 11

RAILWAYS.—There is no material alteration in
prices. Blackwalls are 61 to 1. York, Newcastle,
and Berwick are firm at 'higher rates. French shares
may be quoted more in fironr of buyers.
SALES E rvitcrED UP TO TWO THIS DAY IN LONDON.
tTesterdav's priori wilt be found in last page:,
Bir. & Oxford' Jun., 241 Norfolk Guar. 54 per Ct., 5/
Caledonian, 36 N. British, 271
Chester and Holyhead, 211 Do. Halves, 121
E. Counties. 151 161 Do. Qty., 51
Do. Eaten., N 0.2, 1 p N. Staffordshire, 101 1
Edin. and Glasgow, 44 Read., Guild., and Reigate, 7/
Gt. Northern, 51 5 Royston and Hitchen, 11 1
Great western, 103 Scottish Central, 301
Do. Qrs., 20 Shrew. and Bk., B, 3
..
Do. New 111. eh., 11 101 8. E. and Dover, 314
Ipswich, Bury Wt. F.dmunde, and Do. Thirds, No. 4, 631
Norwich, 61 8. York., Don., & Goole, 1
Lane. and Vorksh. Fifths, 34 York, News., & Ber., 331
Do. Thirds, Reg., 44 d Do. Orig. New. & Ber., 111 1
Do. W. R. Union, 21 d Do. Exten. No. 2 (New. & Ba.,
London and Blackwell biew,No. 2, 134
Do. G.N.P..Fur. er Prof.,lol
d
Lon., Brigh., kS. Coast, 421 1 York &N. Mid. Pref., 171
W. Prof. Con. 5 per Cl., 414 Do. E.W.R. Ex., 361
Lon. &N. Western Qrs. New, 71 Boulogne and Amiens. 131
London & S. Western, 544 Luxembourg, 1
Do. New Cone. Eighths, 43 Northern of France, 111 1
Do. New 501. eh., 284 I Pans and Lyons, 51
Midland, 1161 13
-`• 14 Rouen and Havre. IS
•flambee & Meuse, 1/ 61

110. 81.11: :ii,

PRODUCE.—MINCING-LANE, Half-past Two.—
The Sager market is ve active, and prices are 6d. to Is.
dearer. The artiele has great confidence. Refinedßefiaed steady ;
standard quality, Ws. W.—Coffee without any material al-
teration.—Rice: 2,000 bags Madras sold at previous rates,
9s. to 10s. ; 2,000 bags white Bengal bought in, 12s. 6d. to
' 14e. 6d.—Saltpetre has become very dull, and prices are 6d.
lower; 1,600 bags offered and bought in. Refrac-
tion 41 to 91 bought in, 295. 6d. to 31s. 6d.—Pimento
sold at full prices, 31 to 41 per lb.—Cotton shows a
slight improvement, with a fair amount of business done.—
Rum very firm, at the late advance; proof Leeward',
Is. 10d. to Is. 100.—Cinnamon : The quarterly sales went
off heavily, and fully one half was bought in by the
importers ; first sena sold at a decline of 3d. to 6,1. lbs. ; the
second and third sorts, it. to 2d. decline ; the Tellechery
was all withdrawn. The next sales are fixed for the 24th
April.—Spices steady.—The reduction in the rate of dis-
counts, and the general state of the money market, coupled
with the low prices of many large articles of commerce, has
induced buyers to come into the market with more confi-
dence than for some time past.