The Express.
London, England, 1847-06-19 00:00:00

MONEY MARKET.

FRIDAY EVENING.
Without any apparent cause by which prices
should be affected, the funds have improved to-day,
and Consols for some time stood quoted, and were
done, Rill per cert. higher than yesterday. From
88; buyers they finally declined, however, to 88/ to 4,
and so left off. The dealings were not of much ex-
tent, and the higher rates were probably referable to
circumstances in the house connected with the pro-
gress of the account. Reduced Threes 88 to t.
Three-and-a-Quarter per Cents. 891 to 90. Long
Annuities 9 1-16 to 1. Exchequer Bills 7s. to 10s.
premium. India Bonds 3s. to 7s. premium.
There has been no particular feature about the
foreign market, where affairs were nearly as inactive
as before. Dutch scarcely sustained the full quota-
tions of yesterday, as prices came rather worse from
Amsterdam on the 15th. The Two-and-a-Half per
Cents. may be called 581 to ; the Fours, 691 to 1.
Spanish Fives were quoted 224 to 1 ; the Threes,
341 to 5. Portuguese, 32 to 3. Mexican, 20 to 4.
Brazilian, 83 to 4. Venezuela, 39 to 41.
Foreign exchange was a shade lower on some of
the principal places. The rates negotiated were, on
Amsterdam, 12.41 tot ; on Rotterdam, 12.41 to 5;
on Antwerp, 25.871 to 921; on Hamburg, 13.111 to
; on Frankfort 1211 to L; on Paris, 25.821 to 871;
on Vienna, 10.4 to 1 ; on Leghorn, 30.35 to 371; on'
Naples, 401 to ;on Madrid, 471—a1l at three months.
On Lisbon, at sixty dam 531.
The advices from Marseilles to the 12th instant
report that the firm whose failure in a considerable
amount from extensive corn speculations and the
great fall in prices was lately announced, and had
spread so much consternation in that port, would, it
was fully expected, be enabled to make such arrange-
ments for the satisfaction of its engagements as to re-
sume the .usual course of its business. The meta of
the house were understood to be found on examina-
tion to be much superior to its liabilities. The extra-
ordinary perturbations in the corn market at Mar-
seilles, and the sudden fall in prices recently to
an extent unexampled elsewhere, had naturally
attracted attention more narrowly to the canape.
It appears that speculations had not been confined to
the mercantile houses regularly embarked in the trade,
but that a gambling corn mania had infected nearly
the whole trading population of the place. Persona
of all conditions and trades rushed to the corn market.
Proprietors of independent means, haberdashers,
dealers in wood, and even hairdressers, coffee-shop
keepers and shoemakers, had all been speculating in
grain. Having purchased largely with the view of
reselling at a high rate, and without the means of
meeting differences, those who had some resources
were compelled to sacrifice at any price, whilst the
rest had only to submit to execution by law. It was
hoped, however, that the state of frenzy had reached
its term and run itself out.

The continued heavy arrivals of grain had reduced
prices still lower at the date, although with symptoms
at the last moment of partial recovery. The stock in
port was about one million of hectolitres. The low
prices bad determined many of the holders to direct
shipments to the Channel ports and to this =
where prices presented considerable and fa
differences.

The Bank of England averages for the week ending
the 12th inst. give, as compared with those of the
week preceding, the following results :
Chrulatioo—lsoe f 23,392,923
Cleculation—Aolive 18,217,680
Public &pelt. 6,699,619
Other &polls 6,226,131

Garcromeat neuritic:obi
Soaking &penman 11,719,101
Mbar rookrrltle• 17,013,469
10, 761227,974
Coin Nod Bonbon 334941
arolotherbillo 791,530
its nest ........... 3,441,466
The reserve of notes and coin in the banking de-
partment had received en addition of 250,2321., and
stood at 6,141,1711.
These returns exhibit a satisfactory continuance of ,
the improving position of the Bank. It may be said,
indeed, that they show the most favourable balance-
sheet of the Bank's affairs which has been published
for some months. With active circulation still some-
what in decline, we have an increase of loan and dis-
count operations for more than three quarters of a
million, thus absorbing and rendering active more
than three-fourths of the excess of the aggregate
deposit account. The addition to the stock of metallic
values, although of no greet amount, will be regarded
with satisfaction, for he greater tense Cr Security
which attaches to it in the public mind. As dividend
day approaches we may expect to find a diminution
of the other securities by loans called in, if not dis-
counts contracted.
BANK OP EKCilitND.—Accocur AN the Week ikdosi :we 19.

Notes Word

Proprietors' Capital [7::511374;
Heat 1,411,441
Yubl:e Depodwintledler
Eneleequer, bay Hank
CommislanessotNatal
Debt,andniv.Accewa) a de!,sll,
Cnla, Depaalta 6,128.111
lloven.day and Wm Milo 791,613
/113,707,741
'ma 17. INT.

DOI LI1,011,1C•
004 Col. sal Beam _ 1,113,111111
Sliver 11.1lics

Baal Iltork, 194 7 ---
I per R. Red. Laza, 9al 9
him ad per Cr. Ases.,39i 00. N 90
Deng An.. 99p. Jas. 9. Iran, a+l.lo
lagla Bost., ander £l,OOO 3

a.a.a......
Ooverameat Strardeala
dadiaa Dead NI 4aght
Anaalty) Z11.718,11/I
Maw an
Notes
Gala awl &liver ca Tiatia

L 13,707,741
• X. 14A1111/lALL. Odd Cashier.
11V/fDe.
Camela for Ant, 88 8
Lc RIM. 41.000 rd., 7 10
Ditto 4soo, II H 9
Ditto, null. PI 16 p

3 per Ct. 16r3311163 8d... 34 3i 3i
6 per Ct. Oulls• Mk. 936 2
3 per Or. litaiese,ll346. 206 I
4 per R. Partsgoeps B. 33
Ditto £6e.3636. 3/6 3

r trams.
rI,
814111
4 per Ont. Dutch Cett., Sly
STOCKS ABROAD.