11 APRIL 1835, Page 11

MONEY MARKET.

STOOK EXCHANGE. FRIDAY AFTERNOON.

Time resignation of the Ministers has produced a favourable effect upon the put

; •t. of the English Funds. The Consul Market has evinced more activity

than finr some time; the price for the May Account being 931 and for Money t.`2,,r, Several considerable purchases have occurred this porning at ; but a slight depression took place during the day. An alio' live attempt

was made at the last election of Governors of the Bank of England to excluda Mr. Pei-max from the Governorship, on the ground that his opt- nines were so adverse to those of the then Government as to render it an act of discourtesy to the Premier to continue that gentleman in a situation which imposes upon him the task of frequent communication with his Majesty's Alinisters. We ought to uoogratulate the obsequious proprietor who moved and the few who supported such a proposition, on its reiretion, as they would have been strangely embarrassed if by the election of a Tory Governer they had committed in the one case the error which they sought to avoid in the other. The whole business was contemptible, and would not be noticed here, but that its failure is highly illustrative of the weakness of the Tory party, and gives a flat contradiction of the often-repeated assertion that all the wealth and respectability of the country are with that faction.

In the Foreign Market, the Portuguese Securities declined about 2.1 per c.a.t. upon the intelligence of the death of Prince Arc.usvos, which transpired on Monday mot oing. The recent change of Ministry has, however, operated favourably upon these and all other Foreign Securities, and the price to-day has been higher than it was last week. Spanish Stock continues in very great detn7trul, and is to-day higher than it has ever been since the year 182-2. This imptovement has been occasioned in part by the great demand still continuing for the Deferred and Passive portions of the Debt, and by the prospect which the mission of Lord Etamr holds out of a speedy termination of the present cce:flict.

Dutch Stock has retrograded ; the change of Ministry not being considered favourable to Dutch interests. Russian and the other Continental Stocks continue the same; although the last advices from Amsterdam state that negotiations arc in pniztess there fora new Russian as well as new Polish Loan.

The South American Stocks are in demand ; although recent arrivals from the Transatlantic States do not bring any intelligence of importance. The ap- portionment of the Debt had not yet received the formal sanction of the different Legislatures, but would (in true South American phrase) be speedily ratified. Speculation, which is content with very unsubstantial aliment, has, however, contrived to extract nourishment from the assurance.

SATURDAY, TWELVE (*Lorre.

The Consol Market continues steady, with little doing. The Portuguese 3 per Cent. Loan has become an object of interest, and purchases to a con- siderable extent have occurred in it. By the terms of contract entered into by 31. 31r N1:/2 lIAL on the behalf of the Comes :Government, every holder of 1006 per Cent. Stock is entitled to the option of exchanging it fur 1501.3 per Cent. Stock, if notice be given to the agent of such intention before the 9.1,t instant. The Government have not, however, neglected the op- portunity thus offered them of issuing a further quantity of Stock ; for though the amount required to pay off the 6 per Cent. Loan upon the proposed terms is only Li millions, the amount of 3 per Cent. Stock contracted for is 4 millions, the remaining 2.1- millions are by the terms of the advertisement to be applied to the redemption of other debts; but it is supposed that one and a half million of money thus raised will be applied to meet a deficiency to that amount which occurred in the revenue of last year. Thus four millions of Stock have been created to redeem one million. "The price of the New Loan has been 7li, and is now 73.

3 -er Cent. Consols . 921 * Dutch 24 per Cents 55f Q.

Piro for Account 92 4 French 3 per Cents

New 34 per Cent. Annuities 99; 100 Greek, 183:3.5 per Cents

Bank Stock for Account .... Iowa Stock nit Account .... 221

Mexican 6 per Cents

Portuguese 5 per Cents

46.1 7 Exempier Bills 38 40 Do. Regency Scrip, 5 per Cent 91

Belgian 5 per Cents • .

1034

Russian, 1523, 5 per Cent.. 10';

Brazilian 5 per Cents

854 6

Spanish. 1321, 5 per Cent..

6:;

Danish 3 per Cents 75: 61 Ditto New Scrip 5 Cent....