14 AUGUST 1852, Page 10

MONEY MARKET.

STOCK EXCHANGE, FRIDAY AFTERNOON.

It seems now to be generally admitted that the deficiency of the harvest will be considerable, and a large importation of foreign grain necessary. i This circumstance, in conjunction with the threatened dispute with the United States Government upon the fishery question, has materially depressed the Stock Market : Consols have been as low as 98k,—marking a fall of nearly 3 per cent from the highest recent quotation; the Three-and-a-quar- ter per Cents have fallen in rather a greater proportion. .4s the excess of value of this Stock, compared with Consols, depends on the probability of the interest of the latter Stock being reduced, it follows, that as the probability of such reduction is diminished by the fella Consols below par, the comparative value of Three-and-a-quarter per Cents must undergo a proportional decline. The Market became firm when it was reported, on Wednesday, that Mr. Thomas Baring was going out to the United States to settle the dispute; and though it gave way again yesterday, it has again rallied, and closes this after- noon about 1 per cent above the lowest quotation ; the last price of Consols being 99 11 for Account. The report of the moment is, that in an interview between the Prime Minister and the American Ambassador, yesterday, the fishery question was adjusted. Money still continues very abundant ; the rate of interest upon loans for short .eriods, upon the security of English Stock, being from 1 to 2 per cent.. large purchases of Console and Three-and-a-quarter per Cents have been made by the Bank and other influen- tial brokers; but the public generally have sold Stock, of which a large quantity presses upon the market. The Foreign Stock Market has been in a quiescent state ; and the effect of the fall of the English Funds has been rather to put a stop to investments in the Foreign, than, as is usually the case, to bring Stock to market. The de- cline in price in the principal dividend-paying Stocks has therefore been in- significant. Brazilian Scrip has been in good demand at between 2 and 3 per cent premium ; a very large purchase having been effected at the end of the last and beginning of the present week. Portuguese Stock has been lower ; the Four per Cents having declined to 35. The last intelligence, however, received from Lisbon, being to the effect that the proposed conversion of the over-due dividends, which was refused by the Cortes, will be carried out by a Royal decree, the price has risen to 36f. The Railway Share Market has been in a very depressed state ; London and North-western Stock having fallen about 121. from the highest recent quotation, and Great Western about 141. Both these and the Shares gene- rally are higher this afternoon. The French Shares have been subject to considerable fluctuation; our quotations following those of the Paris market, where the variations have been considerable. The market was firmer, how- ever, both yesterday and today ; and the closing prices in some cases are higher than those of last week.

SATURDAY TWELVE O'CLOCK•

Nothing of importance has as yet occurred in the English Stock Market, where the opening prices of Consols were the same as at the close yesterday —99i ; more firmness has since been apparent, and there are now buyers at 991 for Account. Three-and-a-quarter per Cents are also in demand, at 103. The Foreign Funds are generally at yesterday's prices, without the oc- currence of important transactions. The Railway. Shares are steady, with but little doing; the attention of all parties interested being directed to arrangement of the Account in anticipation of the settling-day on Tues- day next. SATURDAY Two O'CLOCIC The English Stock Market has given way, in the absence of any im- portant transactions, and closes lower than in the morning ; Consols being 991 for Money and 991 f for Account. The goreign Funds continue steady, the following being the few transactions recorded iu the official list—Bra- zilian, 102f ; Peruvian Deferred, 59f ; Sardinian, 95; Dutch Two-and-a- half per Cents, 641 631 ; Dutch Four per Cents, 98f. The Share Market has been tolerably steady. The proposed amalgama- tion of the London and North-western, Great Western, and Midland Com- panies, is regarded as nearly impossible ; as, apart from the jarring interests concerned, it is considered by all impartial persona that the junction of three such enormous companies would establish a monopoly so powerful as to be above all control. The following are the principal bargains—Aberdeen, 26; Ambergate, Notts, and Boston, 611; Caledonian, 381 f ; East Anglian, 251. L. and E. and L. and D., 4k; Eastern Counties, 101 ; Eastern Union, Class A late E. U. Shares, 61; East Lancashire, 171 ; Edinburgh and Glasgow, 64; Great Northern, 79 8; Ditto Half-shares A Deferred, 43; Ditto Half-shares B 6 per Cent, 120; Great Western, 96 51 61 ; Lancashire and Yorkshire, 78f 9 st 9; Ditto Fifths, 91 j; London and -Blackwell, 81 ; London and North-western, 1241 5 41; London and South-western, 90 89} ; Norfolk, 421; North British, 311 ; 'North Staffordshire, 12} #; Ox- ford, Worcester, and Wolverhampton, 2.31 1; South-eastern, 70; South N.E.Wales, 371 j; York, Newcastle, and Berwick, 69 8}; Ditto Extension, 12} ; Ditto Cl. Purchase or Preference, 7i; York and North Midland, 481 8; Aberdeen, 93; Caledonian, 10/., 991; Chester and Holyhead, 19i; North British 1021 lf ; Northern of France, 261 ; Paris and Rouen, 26 51 61 ; Tours and Nantes, 131 1; London and Westminster, 321 ex div.

3 per Ceat Consols

Dit'-o for Account 3 per Cent Reduced 99

99

Danish 3 per Cents Dutch 21 per Cents Ditto 4 per Cents 82 4

631 4 98

31 per Cents

1011 84

Mexican 3 per Cents 25 Long Annuities. 6 7 Peruvian 6 per Cents ...... , 100 2 Bank Stock 226 Portuguese 5 per Cents 1824.. 100 2 Exchequer Bills 69 77 pm. Russian 5 per Cents 119 21 India Stock 277 280 Ditto 41 per Cents 104 5 Brazilian 5 per Cents 101 3 Spanish 3 per Cents

Belgian 41 per Cents 95 7 Ditto Deferred

48/ el

21 21 Chian 6 per Cents 105 7 Sardinian 5 per Cent 94 5

Danish 5 per Cents

107 8

Austrian Scrip —

RANK OF ENGLAND.

An Account, rum= to the Act 7th and 8th Victoria, cap. 53, for the week ending on

Notes issued /30,150,170 Government Debt 111;016,100

Other Securities 2,984.900

Gold Coin and Bullion 21,122;795

Sliver Bullion 03,078

133,116,170

136,I56,170

Ball &MO DRASTRENT.

Proprietor*. Capital

£14,653,000 Government Securities.jin- Rest 3,28.5,396 eluding Dead Weight Ann tyl 113,790;724 Public Deposits' 3,823,713 Other Securities.

10,738,834.'

Other Deposits 13,886,973 Notes 12,116196 Seven Day and otherEille 1,432,737 Gold and Silver Coin 317,470 136,980,819 136,980,619

• Including Exchequer, Savings-Banks, Commissioner. of National Debt, & Dividend Loons.

Saturday, the 7th day of Aug. 1862.

DMUS DaraRTYZAT.