MONEY MARKET.
Swim ExCR1NOS, VRIDAT ArTERNO0N.
The impetus given to the Money Market by the late favourable intelligence
front Canada, has been counteracted by the sinister complexion which the dispute between Holland and Belgium has lately assumed. For some time reports have been rife of the immediate settlement of this question, and the recent improvement of Dutch Stock at Amsterdam and upon our own Ex- change has been taken as indication of the peaceable adjustment of this long strife. The foreign arrivals of yesterday, however, notice a decline of Belgian Stock in all the Continental markets in which that description of security is current ; produced, it is understood, by the avowed determination of the Go- vernment at Brussels, assisted and supported by the French King, to resist the contemplated adjustment. Our own Funds have consequently given way * per cent, from the highest prices of the week, in fact, reacted to the whole extent of the late rise. It is. however, believed that both France and Belgium will yield without much compulsion,—an opinion fully borne out by the firmness of the French Funds, the decline of which up to Wednesday has not exceeded the depression already noticed in our own. There have been but few money transactiona at the Stock Exchange, the season being that at which the books of the ptincipal Stocks are all closed for the divi- dend; there have, however, been some heavy sales for the opening in January— one broker having sold yesterday to the extent of 80,000/. Money, as is usually the case at this period of the year, is becoming scarce, and will doubtless con- tinue so till the issue of the January dividends ; Exchequer Bills and India Bonds, however, support their prices, the former being 64 to 66, and latter 62 to 64. India Stock for opening is quoted at 262, and Bank Stock has been done to-day for Money at 203.
In the Foreign Market, the business has been chiefly confined to Dutch and
Belgian Stock. The latter has not been much affected, but of the former the Five per Cents, are quoted at 99*, which is 2 per cent, lower than recent prices; and the Scrip of the New Loan has been done at 2* per cent. discount. This latter form of Belgian security is not usually current in this market a few bargains were effected in it on its first appearance, but from the small quantity held in this country, it has long ceased to he a current article, or any quotation of it to appear in the lists. A report has been prevalent of an insur- rection having occurred in Bahia; but as it is considered upon a comparison of dates to be a mere fabrication, it has therefore produced but little effect upon the price of the Stock, which is, however, heavy at 77. The other South American Securities are depressed, as are all the non-dividend Stocks. Spanish Active has fluctuated between 16* and IN, and is to-day at the lower price. Portuguese Regency Five per Cents. ate 29, Three per Cents. 19, and Five per Cents. :837, 22*. The old Five per Cents. (18:13) have given way, and were yesterday done at 68*; which, as they were at 75 just previous to the payment of the dividend on the 1st instant, is a decline of more than 4 per cent, since that period. The settlement of the Foreign Account is fixed for Monday ; and it is likely that some forced sales of Spanish and Portuguese Stocks may occur in consequence of this circumstance, as there is a general indispbsition among the jobbers to carry over this description of Stock for any hut first-rate brokers. The Railway Shares are without any material variatinn from last week's prices. The business has been principally confined to the Great Western; which after bring at 11, are to.day 9* prem. The committee appointed by the share- holders of the Anti-Dry-Rot Company are proceeding in their investigation of the accounts of that company ; but, from the complicated nature of them, it is not expected that they will be enabled to report to the shareholders before the end of the year. A meeting is called for the 5th of January next, by which time it is hoped the report will be ready.
SATURDAY, Treaty's O'CLocs.
All the English Funds are at yesterday's prices. So little, however, has there been doing here this morning, that up to this moment, not a single bar- gain is marked in the official list as having occurred in Consols for Account. In the Foreign Market, Belgian and Dutch Stock are firmer than yesterday ; the others without variation, excepting Portuguese and Spanish, both of which are heavier. Portuguese Five per:Cents. being sellers at 29, the Three per Cents. at 19, and Spanish 16 to A. The Railway Shares are at yesterday's prices' Great Western 9* Ioi prem. ; London and Birmingham 77 to 9 prem.. ; Ditto Quarter Shares 24; Greenwich 16t i per Share; Southampton 44 5 per Share ; New Ditto 19 20 per Share ; Manchester and Birmingham } i prem. ; Ditto Extension a i prem.
3 per Cent.Consols shot Brazilian 5 per Cent s Ditto for Account 951 1 Danish
3 per Cent. Reduced 921 Dutch 21 per Cents
New 4 per Cent . Aons shut Portuguese Regency 5 p. Cts. flank Stock 2021 Ditto 3 per Cent. I inliaStuck shot Russian (1822)5 per (tent... Ditto Bonds 62 4 pm. Spanish (1835) 5 per Cents., Exchequer Bills 64 pm Delta red Stock Belgian Spec Cents 991 100 Passive Ditto
71a
74 54 24 et 14 st 1114 t 16 4 7 51 4
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