The Express.
London, England, 1849-10-05 00:00:00

MONEY MARKET.

The transactions on the Stock Exchange were
rather numerous in the English funds to-day, bat the
amount of bagasse dome eras not to any great exist.
Console opened at an advance of on the closing
priors of yesterday ; the last operations being marked
at 921 for money, and 921 for account. This im-
provement wu, however, of short duration, and they
fell to 93t, both for wog and account, from which
they subsequently rallied, and dosed the same as yes-
terday, at 921 to 1 for money, and 921 to 1 for ao-
count.
Exchequer Bills of all kinds were done at 39a. and
' 425. prem. Long Annuities at 8/ and 9.16. Indian
Stock at 266.
The only feature in the foreign market was a de-
cided improvement in Buenos Ayres, which were
done from 411 to 43. The business in other stocks
was trifling, and is comprised in the following :
Buenos Ayres at 43, 41/, 431, and last at 421.
Chilian Six per Cents, at 96 ex dm Evader at 31.
Mexican, ex January coupons, at 281, 1,1, and 1 for
account. Spanish Five per Cents. at 161, 1, and 1.
Venezuela Deferred at 61. Two-and-a-Half per
Cent. Dutch at 63 and 821 for money, and at 63/ toe
accoant; ditto Four per Cent. Certificates at 81 and

82 ex. div.
We regret that owing to the non-arrival of the con-
tinental mule due this afternoon, we must defer our
usual report of the continental "bourses" until to-

morrow.
Moniker publishes a statement of the manufac-
ture and consumption of native sugar daring the year
1848-49, expiring the 31st August, as compared with
the preceding year, welch gives the following results.
The qusnuty manufactured in 1848-49 was
38,639,032 kilog., against in 1847.48, 84,318,225
kikig. The consampt on in 1848-49 was 49,078,110
Wog. against in 1847-48, 44,823,928 kilog. The
desk on the 31st August was 9,087,363 kilog.l
spied in 1848, same date, 19,792,634 kilog.
From this it appears that the manufacture of
native sugar in Franca has diminished this year, as
simpered with same period lest year, 25,677,193
WWin
The quantity taken for consumption this year
ereued 4,254.182 kilog. The stock this year is
less by 10,705,271 kilog. than at the same period,
1848. The number of " fabriques" in activity on the
31st Aug. was 284, against 308, or 24 fabriques less
than at same period 1848.
The latest advice. from Oasts communicate that
during the previous week the transactions in grair,
in both the markets of Galati and Ibis% had been
very circumscribed : this was attriouted chiefly. to
the very unfavourable advice. from the consuming
markets, whilst holders would not recede in ths least
from their prevLes pretensions. The parcels remain-
ing of the 01;1 wheat crop were only fit for the Con-
stantinople market. The new wheat was beginning to
arrive from the interior, though.. yet ooly in smell par-
cels. Though the quality of that produc.d in Upper
Moldavia NW very good, still what had reached the
market did sot cone up to samples, and rather disap-
pointed expectations. At Galati, new soft wheat was
worth 225. 10d. to 255. 11d. ; old ditto, 19& 7d. to
21e. 2d.; new hard wheat, 275. Bd.; free on board.
The stock consisted of 5,000 kilog., or 7,250 imperial
quarters old soft:wheat ; 2 000 kilog., or 2,900 quirtars
new soft what; and 1,000 kilog., or 1,450 quarters
new hard wheat : making a total stock of 31,600 im-
perial quarters. Exchange ca London, 93 to 94.
Commercial advice, from Alexandria of the 21st
September, state that the demand for cotton had
been very limited, aLel speculators were generally in-
clined to realism. Prices were looking down. About
3,000 centners bad b.en disposed of at 91 dole. for
lb. Pashas, and at 91 dohs. for Ib. Beys. The prices
of flex were well maintained at 65 to 70. About 800
osatners of Ib. Pashas hand-dressed had realised 85
-equal to 241. 17& f.o.b. The grain market was ex-
ceedingly dull and heavy. No transactions of any
importance had taken place except in Linseed, which
had been in good demand at full prices. 3,000 ardebs
lb. Pitches had realised 85p., or 33e. 2d. f. o. b. ; and
1,500 ditto of A. Beys at 831 p. ; and 1,300 ditto pri-
vate at 80p., equal to 335. 4d. and 32e. f. o. b. Wheat
had slightly improved, and Sham had met with pur-
chasers at 48p., equal to 18e. 10d.; and a parc-1 of
priests, of superior quality, at 461 p., equalto 19e.
f. o. b. Beans were in limited recite st ; 2,000 ardehs
private had been sold at 16s. 3d. f. o. b. In barley
there had been nothing done worth noting. Indian
corn was also neglected. Several disengaged vessels
had arrived, but no charters had yet taken place. T4O
rates may be quoted Id. to 9-18 d. for cotton, with 5
per cent. and gratuity; 21. 15s. to 31. for dressed ;
and 31. se. to 31. 7s. 6d. for rough flax. 6s. for
wheat ; 6& 3d. for beans, in full and gratuity. Ex-
change on London, 98 piutree.
A letter from Le Gaspe, of the 6th Sept., informs
us that a party tad just returned from an exploring
excursion up the grand river of Casespedia, New
Richmond. They report most favourably upon the
agricultural and other capabilities of the country
traversed by that noble river, where they found a
Jerre quantity of prime timber. They proceeded
sixty miles up the river, which they represent se
abounding in fish. They say the country offers every
inducement for the introduction of capital and enter-
prise into the district, as yet comparatively unex-
plored and unknown.
Advioes from Mriceio of the 25th August inform us
that the entire of this year's crop of eager had been
disposed of at 2,200 to 2,800 for write, and at 1,800
to 1,900 for brown, equivalent to 17.. 10d. to 18s. 7d.
and 14s. Bd. to 15s. 43d. per cwt., free on board ex
freight. A great deal of it had been shipped to Bahia
and Rio, where it found a market at remunerating
rates for the planter. The winter had been fa-
vourable for the growth of the cane, end the crops
promised well. The accounts received from Liver-
pool had caused a rise in the price of cotton, which
was then quoted at 6,000 to 6,100 the arroba, equal to
4 31-100 d. to 4 37-100 d. per lb. free on board an
freight. The rainy season having terminated large
supplies were expected to arrive from the country.'
The crop of cotton, this year, was 30,440 bags, be-
-ling an increase of 10,061 bags over last year's crop.
I The crop of sugar this year was 24,873 packages,
showing an increase of 4,143 packages over last year's
crop Dryer hides were very scarce, and ao price
coald be quoted.
Direct intelligence has been received from Mel-
bourne to the 2nd June, and by the same opportunity
the accounts from Van Diemen's Land extend to the
Wed May. We bear nothing further from Melbourne
se the subject of the recently reported gold discove-
ries in the Pyrenees. In business every thing was
quiet.
At Hobart Town the wheat market was pretty
steady and well supplied ; the pries had ad-
vanced to 41. 2d. per bushel ; Cape barley,
2e. 3d.; oats, 2s. 6d. • flour, 101. to 101. Ht.;
hay, pressed, 21.10 e. The news received there from
California bad caused some excitement in the colony,
and various kinds of goods were being disposed of for
that market, especially brandy, the price of which had
risen to 9e. per gallon in bond. Several Teasels were
laid on at Hobart Town for California, but the
amount of rouge money demanded was too high to
admit of many availing themselves of the opportunity
thus afforded them to embark for "El Dorado."
new tract of available land, the beauty and fertility of
which is described in glowing terms, had lately
been discovered not far from Macquarrie harbour, and
was about to be thrown open to public enterprise. It
extends from the smith-western portion of Lincoln
county, near Lake St. Clair, to the north western
perdu of Franklin county, and round the French-
man Cali, and contains about two millions of acres.
The Wine is reported to be rather coarse, bat may
be berg off, when the land, helm the finest in the
Wm. may be advantageously moped, and is,
said te be capable of carryleg sheep ail the
pat nand. It is stated that the essoatavo council
bodattiody devoted War stisodis to dr wrest.