11 DECEMBER 1830, Page 13

THE MONEY MARKET. -

STOCK EXCHANGE, FRIDAY EVENING.-The transactions of this week, although not of any great extent, have had the effect of causing an ad- vance of prices, and more favourable expectations of the future. For some time past, the opinion that prices must fall, was almost universal. Present prices are still talked against, to be sure, but not so loudly as formerly; and many of those who talk so, we suspect, talk of what they wish, rather than of what they confidently expect. What we have to remark on the whole is, that confidence Is improved-that, although liable to occasional alarm, Stock is now held with great firmness. The truth is, that the speculators for a rise are now the public, and the public ever carry their point in the absence of any very unfavourable events. Iii short, we should not now be surprised to witness a further advance in prices, if the present dearth of news should continue for a little while longer. It was remarked some time ago, in this Journal, that no animal was so timid as your capitalist or holder of Stock. Now your " Bear" of Stock is to the full the more timid of the two; and this very timidity will often and alone work out the very effect dreaded.

The closing price of last week for Consols was 824; the opening one of Monday, 824; the highest of the week, on Tuesday, 834; and the present and closing one of to-day, 821 to 4, the Market appearing rather heavy. Money Is sufficiently abundant. and Exchequer Bills and India Bonds rather higher, viz. 208. and lie.

In the Foreign Market, there has not been much business. The South American Bonds are a little, and but a little higher. Brazil Stock Improved to 591 a few days ago, on the receipt of the Mail, but has receded a little since. Russian, which yess terday was 95, fell to-day to 934, on news of disturbances in Poland, and a conse- quent fall in the price of this Stock in the Continental Markets. Spanish fell, a day or two back, to 134, on news of the failureof Arderne and Co. at Paris; and they having been one of the original contractors for this loan, it was somewhat gratui- tously supposed that they might now be holders of the bonds. From this point they at first gradually, and then suddenly, advanced yesterday to 16; but have again receded to-day to 154.

In the Share Market, the shares of the Brazilian Imperial Association have

ins-

proved 2 orapershare; the only change in tbat Market which we have to notice.

, SATURDAY, HAzr-k.ssr Twitivz -Consols have fluctuated between' 824 and 4, andare now 8214, With very little business. Spanish has been done at 161, and Is now 154 to 164. Russian heavy and lower, 924 to

Bank Stock 202. BuenoZ Ayres... — Spanish - 16 4

3. per Cent. Red. 82 14 2 Chilian 19 20 Ditto, Ni -- 1 per Cents Cons. — Colombian • . 34per Cent. New , • Danish...... 581 59 Consols for ACM. 824 I 4 Greek....... .. 22 24 Bolanos Long Annuities, 174 3 1.16 Mexican ....... 374 38 Brazilian . 644 651 Ex. Bills, 100. 21 Peruvian ....... 1.5 4 Columbian ... • 7484'

India Bonds.... 11 Portuguese..... 42 44 Angloalazican-

.. 39 924 924 United Meadow 1.1. 13