14 JULY 1838, Page 10

MONEY MARKET.

SDOCIL EXCHANOZ, FRIDAY AFTERNOON.

The issue of money consequent upon the payment of the Dividends has alleviated the pressure under which the Money-market had occasionally suffered ; and the interest upon loans for short periods, and the discount of first-rate com- mercial bills, is again between 2 and 3 percent. In the English Stock Market, the only fluctuation of importance has occurred in India Stock ; which, after being at 266, is to-day 263. The variatioos of the other descriptions of Stock usually current, have not exceeded 4 prem. Exchequer Bills are firmer, aud hav.; been to-day at 73 and 75 prem. In the Foreign Stock Market, the principal business has been confined to the Scrip of the New Belgian Loan; in which an improvement of nearly 2 per cent, has occurred, the price to-day having reached 24 prem. The transac- tions in this security have not been extensive, the business having been con- fined to a few brokers. No business of importance has occurred in the Portu- guese, Dutch, Russian, Danish, Brazilian, or South American Securities., The Spanish Active Stock has been as low as '2li, but has improved, and has to.day reached 22i. In the Railway Share Market, all descriptions, with the exception of its Birmingham and Southampton, are heavy. The Great Western still continue to fluctuate considerably ; the extreme prices being 8 and 12 prem. The minor varieties have also been considerably depressed ; Blackwall having been as low as A discount ; and Brighton Shares as low us 21 discount: both may, how- ever, be quoted firmer to-day. There seems a general disposition among the speculative holders of Shares to sell: those of all the embryo undertakings are consequently very heavy, and in some cases unsaleable, at least to any extent: in fact, the Share mania seems nearly to have exhausted itself.

SATURDAY, TWELVE o'CLocit The English Stocks are heavier this morning, and our quotations are 4 be- low those of yesterday. In the Foreign Market, the business has been very unimportant. Belgian Scrip is I 24 prem. The South American Stocks are rather firmer; viz. Colombians 25i and Mexican 27i. We have no material variation in the Railway Shares : Great Western are 10 to 12 prem. ; Birmingham 80 to 82 prem.; Blaekwall 0 ; Brighton 2i die.

3 per Cent. Consols 931 1 Ditto for Account 951 1

3 per Cent. Itmuced 9311 I Nen 31 per Cent. Anus 101i 5

Bank Stock 2051 1 'tell:LS.1mA 2651 6 Ditto Bonds 79prn.

Exchequer IlMs 73 751im•

Belgian 5 per Cents 1021

Brazilian 5 per Cents SO

Danish 75

Dutch 21 per Cents 54* 1

Portuguese Regency 5 It. Cis 351 6

Ditto 3 per Cent. 234 4

B ussiau (1922)5 per Cent . 1121 1131 Spanish (1835) 5 per Cent 211 221 Deferred Stock 81 91 Passive Ditto 41 5