The short stretch of pedestrianised street that connects St Anne's Square to Market Street today is just an extension of the Square.  In the 1700-1880s it was Exchange Street (the Exchange Theatre named thereafter), and the Dog Inn stood along here somewhere in the 1700s.  In those times Exchange Street was a dangerous thoroughfare, with only a narrow pathway for pedestrians who struggled to avoid speeding carriages.  Just before the Dog Inn was a retreat built into the wall for people to duck into.  Such was the danger here that the passage was known as "Dangerous Corner" [1].  
1. Collectanea relating to Manchester and its Neighbourhood, John Harland (1867).

 
 
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