17 SEPTEMBER 1842, Page 11

MONEY MARKET.

STOCK EXCHANGE, FRIDAY AFTERNOON.

This has been a week of very slight importance as regards variation to any extent in the English Funds ; but there has nevertheless been a heaviness over them from the commencement, and parcels of Money Stock are continually being thrown upon the market. It has taken parties completely by surprise, as there is not much indication of a decided improvement in trade, and money continues at the cheap rate of about 2i per cent. With the exception of the sales just referred to, business has been extremely limited. On Monday, 24,0001. Consols, for immediate transfer, was brought to market. The greatest depression in price occurred on Wednesday last, when Consols and New Three- and-a-half per Cents were fully per cent lower, as compared with Monday's quotation ; and they left off with a heavy appearance. The Bank Broker was a seller on that day to the amount, it is stated, of 100,000/. Reduced. Yester- day the market again rallied at the opening, owing to the news received from America by the Britannia steamer, of the settlement of affairs in that quarter. Parties, however, took advantage of again effecting sales, and the price receded A at the close. There is now occasionally 4 per cent difference between Money and the Account, which appears to be getting a little more bullish ; and this is rather a new feature. Today the Cansol market, both for Money and time, has recovered the depression of yesterday. Exchequer Bills have remained precisely at the same quotations as last week. Bank Stock was firmer yester- day, owing to the declaration at the half-yearly meeting of a 34 per cent divi- dend on the stock due to the proprietors. The business in the Foreign Market has been chiefly confined this week to the favourite objects of speculation, viz. Spanish, Colombian, and Mexican; they are, however, at lower quotations. In Spanish Three per Cents a decline took place on Tuesday last of 4 towards the close of the market, in conse- quence of sales made by an influential broker. It has not since rallied to the same extent ; and it is A higher today. The Active Five per Cent Stock, ex Coupons, has only declined A. A depression of 4 per cent occurred in Mexican Five per Cents on Wednesday last, parties bringing portions of Stock to market ; and it has not recovered. Colombian was also de- pressed 4 per cent on the same day. An advance has taken place this week of per cent in Brazil Stock, in consequence of the late arrivals from Rio, which are considered in a financial point of view of a satisfactory nature. Today has occurred the Foreign settlement, but nothing of importance transpired, and the account was easily adjusted. The next is toted for the 30th instant. In Shares, the public have been for the most part sellers, and very few in- vestments have taken place. London and Birmingham Shares declined on Monday I/., but rallied again on Tuesday to the same extent, and have since continued stationary. Great Western Shares were on Wednesday last very heavy, and were depressed in price 30s. as compared to those of Monday. At the settlement yesterday, which proved bearish, they advanced 10a ; and like- wise to the same extent this afternoon. In London and South-western, a depreciation in value of 30s. has occurred this week. London and Brighton and the Blackwell Railway Shares have continued steady at the quotations of last week.

SATURDAY, TWELVE O'CLOCK.

Nothing of importance has yet transpired in the state of the English Mar- ket, and the quotations are precisely the same as yesterday. Consols for Money, 92 3; ditto for the Account, 934; New Three-and-a-half per Cents, 1014; Exchequer Bills, 24d., 51 53; ditto, 2d., 49 51; India Stack, 2504. In the Foreign Funds, Spanish Three per Cent Stock has improved full per cent, being 214 4; Spanish Actives, ex Coupons, 164 ; Brazil, 674 84; Belgian, 102 3; Colombian, 204 4; Mexican, 354 ; Danish, 834 44; Dutch Two-and-a-half per Cents, 524 4; Portuguese Regency Five per Cents, 354 4;, ditto Three per Cents, 204 14; Russian, 1124 1134. In Railway Shares there is nothing doing.

3 per Cent. Consols Ditto fur Account 3 per Cent Reduced 34 per Cent Ditto New 34 per Cents Bank Stock Exchequer Bills, 216 Ditto 26 Iudia Stock Brazilian 5 per Cents Belgian 5 per Cents .. prem. do. 921 3 93 4 shut shut 101 4 shut 51 53 49 51 250 4 674 84 102 3 Columbian 6 per Cents..... Danish 3 per tents Duich 24 yer Cents

Mexican u per Ceuta Coned

Portuguese Regency 5 perCts Ditto New 5 per Cents 1841 Ditto 3 per Ceuta Russian 5 per Cents Spanish (Active) 5 per Cents ex Coupons Ditto 3 per Cents 1812 204 I 834 44 524 1 ni 4 ::54 I 291 301 201 lk 1121 131 16* i 214 I

SATURDAY, FOUR O'CLOCK%

No fluctuation has taken place in the English Market. Consols for Money, 924 3; ditto for the Account, 93 4; New Three-and-a-half per Cents, 101 4; Exchequer Bills, 51 53. In the Foreign Market, a decline of I per cent occurred in Mexican Stock, by parties selling, owing to the non.appearance of the advertisement concerning the approaching dividend. It is, however, expected that it will appear on Monday next; and a reaction to the same extent afterwards followed, and they leave off at 35 4. Colombian 204 1; Brazilian 674 84; Belgian' 102 3; Danish, 834 44; Dutch Two-and ' -a-half per Cents, 524 4; Portuguese Regency Five per Cents, 354 6; ditto Three per Cents, 21 4 ; Spanish Five per Cents, ex Coupons, 164 4; ditto Three per Cents, 214 4. In Railway and Bank Shares, business has been transacted at the following prices : Eastern Counties, New Shares, Bt. 4s. 2d. ; Great Western, Old Shares, 824 3; London and Brighton' 334; London and Birmingham, New, 304; Manchester and Birmingham, 23; South-eastern and Dover, 22; ditto Scrip, 64. London and Westminster Bank, 234; National Bank of Ireland, 154; Provincial Bank of Ireland, 414; Union Bank of London, 10.