The Express.
London, England, 1848-01-26 00:00:00

COMMERCIAL 4 MARKETS.

MONEY MARKET & CITY INTELLIGENCE.
Two o'Clock. —The French mutes having been
brought better from the Paris Bourse yesterday, by
the electric telegraph this morning, the Three per
Cents. being quoted 73f. 70c., a alight improve nent
in the funds was the consequence. Consols went to
89 to for money and time, but these higher rates
were not long maintained ; and after declining to SC,
to 9, we quote them now 89 sellers. We have, how-
ever, a sluggish market, and indisposition to em-
bark in active operations, both among the jobbers
and speculators. The calculation of political casual-
ties is the influential cause of this dulness in the
market, for, but for this inducement to inaction,
there is little doubt that, from the great
scarcity of money stock, the tendency of Con-
sols upon the stimulus of a few smart
purchases, is naturally towards a further rise, al-
though perhaps not to much extent. It is believed
that sellers in abundance would have been found, and
will be, should the stock ever reach 90, as in some
'porters rather sanguinely anticipated. Reduced
shares 89 to 4. Three-and-a-Quarter per Cents., 90 to
4. Exchequer bills, 275. to 30s. premium. Bank
stock, 1984 to 2004.
We have no change to report in the foreign market,
where business is inactive, as usual. Spanish Fives
are 204 to ; the Threes, 301 t. Portuguese, 254
to 64. Dutch Two-and- -Half per Cents., 54 to 4; the
Fours, 85 to;. Russian, 108 to 110. Mexican, 18
to I. Brazilian have advanced to 83 to 5.
The Dutch papers state the total receipts of the
treasury for the year 1847, at 54,052,307 guilders.
As compared with those of 1846, which amounted to
54,576,588, the account shows a deficiency of
more than half a million of guilders in 1817. The
deficit, it is however observed, is only apparent,
and arose from the delays in the payment and collec-
tion of taxes.
We have unfavourable advice, from Manchester
this morning, of the state of trade in that quarter, as
evidenced in the very adverse results of the great
weekly market yesterday.
ENOLI3III CONDO.
Beak Stock. 1984 2003 1 3 per Ct. Cons. for Ae.,89
3 pot Ct. Had. Ann., Itt I
3 per Ct. Cons. Ann., 53 I V.Pr i
elequor'i I.°ll. IT. to 30s, p.
Follows UND 9.
5 pot Ct Au.trtan Bonds, 94 1 pot Cent Gransda Bde.„ 11) 20
If Ct• tgolS.Bood.lls se Grenada Deferred Bd., 3
31 parditto. 5 pet Ct tdezleaa. 1846, 15
pilfuS` Yew,7 u I tr"-cuz!.--."" fill 41141•• Bdo. st
Dan,
Apreesst 41.04., 30 3 S for ttueer Bd.. Rd
Dec. 11
Column Let We., 3 per M.SC.:lngo'. 1141Bdskr
Cokindim tquadur 23 I disanlin Deferred 12 13
3 per Ct. Nolen Bd., &I 4 Spoolth Rolm 44 p
24 per CL Dutch lid., 14 t tper Ct. Venesuelo lids.. 36,
4 per CL Carta Doloh. Bs. 1 • vogt•tvat3 Deaver' Mc. 10 11

RAILWAYS.—The market for shares is decidedly
flatter in every respect. Brightens, remarked
yesterday u having fallen, are now 421 pm.
SALES EFFECTED UP TO TWO THIS DAY IN LONDON.
(Yesterday's alas will be Sound In hut page.)
Bristol & Exeter, 634 Lon. & B. W. New 501. sh., 294
Caledonian, 36 i tun., Box, & Mat, If
Cheater & Holyhead, 20 Midland, 1111
East Anglian, 251., L. iE. end Do. 401. eh., 441
L. & 0., It Do. 301. ab., 134
E. Opuntia, 161 Do.. Bir., & Derby, 681 S
Do. Extern. 3 per Cent., No. 3, Wit,ved k Best Bk. 6 per
E. LaPar 123
ncashire, 214 Norfolk New 201., 34
E. Lincolnshire, 15 Do. goat. 64 per Cy 04
Edin. and Glasgow Qrs., 11 • N. British, 27 81
Ot. Northern, 41 Do. Halves, 121
Oh. N. of England, 235 7 N. Staffordshire, 101 1
Do. New, 301., 711 701 Oaf. , Wore., & Wolv., 201
Great Western, 103 Read., Guild., & Reigate, 74
Do. QM, 191 i Shrews. sad Bit (A), 31
Do. Fifths, 231 York, Newt, & Bee., 341
Do. New, 171., 101 4 D°. I'Dxrig. New. h Ber.), 311
Inger. and Bury lit. Edmand's, 61 Do. tension No. 1 (York and
Lao. and Carlisle, 53 Newe.), 194 19
Lane. aid Yorkshire, 76 Do. do. No. 2 (News. and
Do. Quarters. 12 Ber.), 121
Do. Fifths, 71 Do. O.N.E. Pa. or Prof, 91 i
Leeds and Bradford, 941 York and N. Mid. Pref., 161
London and Blackwell, 51 Boulogne and Amiens, 131
Ina, Bright., &S. Coast, 431 31 Namur and Liege, 61
Lon. & N. Western, 132 3 Paris and Lyons, SI
Do. 401. sh. M. & 8., 61
LIVERPOOL SALES, Jarvarr 13.
To-day the transactions were few, but there was a much
better feeling in the market.
Birk., Lane., & Cheshire (late C. I Midland Halve., 11 d
and B.), 221. eh., 71 d fihrewo, Douses., it Ches.,'6 d
East Lane. New, I d 8. East. and Dover. No. 4, 11 d
Oast Western Fifths, 24 York., Newt., and Ber. (Eaten.
Lon. and N. W. New Qrs., 61 p I No. I), 41 p
Mon., Shed., & Lin.
MP INGref., IpH
AM SALE Do.
N ;N. B. do. No. 2), 2 p
BIRS, JAIMILT 23.
Very little business was done in this market, but prices
were pretty well maintained.
E. Counties, 161 I Caledonian, 36
Amber., Note, & Bs. , 43., d I N. Staffordshire, i 13a. 9d. p
LEEDS SALES, barony 25.
E. Lancashire Cr.., his. Id. d IN. British Thirds, 2e. &I. p
W. It. Union, 57e. d Do. Halves, 121
N. Staffordshire, 10s. Se. ist. p