17 OCTOBER 1840, Page 10

MONEY MARKET.

There ese et • e• • e•eo ...de fluctuation during the week in the Money- market ; '• to establish a notch higher price at the close than had cc lagsonic tarts of it. The variations have been chiefly govec. 11,)! duct antiona ot the Paris Funds, and the pigeon-ex-

presses have 1.a c kwith their usual activity : the tendency to improve-

ment has iced I the state of money, and the fear that the Bank would adopt a cc uric to inerease the difficulty of obtaining discounts. We stated in one L eport that it was confidently believed that the Bank Di- rectors, hist, • 1 et' cling the rate of discount, would content themselves with limiting the •ie • lee ef their (..acommodation. This opinion turns out to have been well.foe:.:.; ; ter at the usual weekly meeting of the Directors, held yesterday, it tomiked that no lull should be discounted having a longer period to ten t! ...n sixty-five days. It has been heretofore the practice to dis- count bills having ninety days to run ; and this limitation will affect a very large class of the tirst-rate commercial bills and drive the holders of them to seet el- etilets in ether quarters. This precaution shows that the state of the u. cv is beg:in:mg to give uneasiness to the Bank ; and though tie et eel lie little doubt as to the prudence of the step, by which tee le ••e• otenin a nod,- control over their funds, it is very question-. '•: or (limit been goh, bullion, :h.. I drawn up. ,•r traffic; of the first h sented fir..1.••

it broker z that the r..!.

federate!. • log, to ee moieties.. I. a furtlor :• largele , upen th• sem:enc. Dividenh- more al,cc

It will I . • ciency

resumcd. "

- IV,

and 1,1 • •. 1840, I.% • Noti,c the St:. and C., ..n., '11... I a, e }peen in demar,. iii r.,.r,-efiiletiee TA the activitt . , i ,: 1. Ty, o•atal.a-1:-.1.: :, r ('Oct. Ihnills have hcen L711, : ,,1 i it cert. B —1..o :‘;‘,(21: I,m )1150 been in (I. ; • c. I- have ! ..... i . 1_,,t to intake t ,t hey vier: fr. • . l'ert.lzuese Be.. 1.1.a. • :.ot heen much af- fected ; a a L.in. Spanirli Actit e; v. 1,i,:t 1.a4 i ref, 1,01; II dere, .A. . has improved to.tia, (tog has Men 4% high as 22, I ,t.t..itiuti to the pr,,p, I, 1 of o rie ,,,,•ili;kt }KAU (.:1,f.' , held out ii,:, li, . ,t a(1,11., - 1.14.1s1 dd.: Poole, -'.' . ..f the great lett , • tin capitaliets linos begun tc . try, with a view t,, the arrangement of the fir.' r. .1; i 'el (ireiermnelit. We, however, believe that no • i.- c,„ .1 , ,,y which the great requisite, a large sum of ready rot , ::;,e;; at,: should very much doubt the truth of this

sepal.

SAT:!IlDAY, TWELVE 6.CIMCK.

The of the liabilities and assets of the Bank of Englam. f. compared with the one last put forth, there it nil the effect anticipated, and put a stop to

set te the exportation of bullion, which has lately

It their anxiety to check this importation of ta base resolved to throw out all till is either t who is known to Le concerned in this -1,y last, bills to a Inrg: animal, a several so concerned, were rtketerl when pre- , hcumstance became known on the Smell Ifcct upon prices ; particularly as the Henk- e .1: of Stock; find it was imtnediatc1:: reported a raised, and the i,sue of bank-notes con- !lied again in the course of yesterday morn. '• sue of the Bank-notice of yesterday. 11:3 • ::0111. of M. Tillt:Rs's second note has caused .;11 the Jew party have teen selling very . and closes (.t an advance of I percent. Exclugm-r Bills l•ate iraprived, ill ccii-

ci

1110I/Q OCC■ISION ea by I he isue of the • 1(.: money may be g,:net ally stated as In tint

ly.

,..• :mtice, that i:: rittenee of the deli- . tor the See:lite-nom e meet he yet

• ! • Ow C.111.

ill tr.. a:,e• , th • .1.

the 1•1,:ted t .1, :eel ii C... Near 5 t: I. ; Cl11111/10 100 1- I :!: • rt.,.

I• if: I. el 0.: c,.. I is a decrease in the Circulation to the extent of 32,000/, and in the amount of Bullion to the extent of 308,000t, while the Deposits have increased to the ex- tent of 87,000/., and the Securities have been augmented by 329,000/. The transactions of the morning in the Stock Exchange have not been very im- portant ; the opening price of Consols for Money was 87, while that tbr Account was 871: since that, the quotation has fallen to 864 for Money owl 87 for Ac- count, but have again improved without ally important operations, and are now 87 to e for Money and 87e, buyers, for Account. Exc. equer Bills are the seine, viz. 2s. to 4s. premium. In the Foreign Market, Dutch Twmand-a-half per Cents. are about )1, per cent. lower than yesterday; Portuguese Five per Cents. and Three per Cents, at nearly the same depreciation. Spanish Active was lower at the opening, and has been done at 211; but tuts since improved, and is now 22 to e. The tusiness tramacted has, however, been but tii41E 9n6g. .

.! or Ceti:. Cn

.--1s . 571- : Belcian 5 per Cents. r

tli ,.; 1 ( olumbian b per Cents 223 4

It tit,, ha. A cet,.:1,t :, .,.t Cont. lie,loced 55i- c Danish 3 per l7ents 72 4

per t 'eat. Ditto 1151 3 1 Poch 24 per Cents 494 1

N,•w :s1 per Cents 99,1 + Mexican 5 per Cents. Comet. 2it 27 — ! Portuguese Rea.me) 8 per Cts .. :2018 :10 i 1.,, Sc, e'i.

r. xele.tpyr Nils ... . 2 4 08 ' Ditto 3 per CoLt; 21 + 70 locii•t ',1, 4.,: -- 1 Hessian 5 per Cents II. ,.,i1t4t, .., eel cents 73 5 : Spanish (Active) 22 1.-