19 AUGUST 1843, Page 11

MONEY MARKET.

STOCK EXCHANGE. FRIDAY AITERNoint.

The foreign exchanges have experienced a further improvement, both on Tuesd .y and today, and are now quite as high as they were before the decline recently noticed. The apprehension of an extensive importation of foreign corn during the approaching autumn seems to have died away ; and the prices of the Public Funds are improving, the quotations today being from I to 1 per cent above those of Saturday last. We cannot notice any extensive opera- tions during the week, and the improvement is entirely owing to the continual absorption of Stock by the investments of the public. Money continues very abundant, and its plenty is likely to be speedily increased by the payment of the opium-compensation lately voted by the House of Commons at the in- stance of the Government.

The business of the Foreign Market does not exhibit any remarkable fea- ture. The demand for Mexican Stock still continues, and this security has to• day been done at 361. We are without any further intelligence from Mexico to which this improvement may be specially attributed : and we can only refer it to the belief among those interested in Mexican finance, that with the Texan war the pecuniary difficulties of the republic will end. Colombian and the other South American Securities are without any material variation. So are Portuguese Bonds. We cannot notice any transactions in the Brazilian of 1843, or the Portuguese Annuities. Spanish Stock has also been without any variation or transactions of importance. The reported imposition of an income- tax by the Dutch Government is confirmed, and a bill for that purpose is now before the Chambers. The price of Dutch Stock is rather higher this week the Two-and-a-half per Cents have nut risen much, but the Five per Cents are in good demand, from the circumstance of a half-year's interest being nearly due upon them, while their comparatively low price (1011) is a great temptation to the lovers of a high interest.

There has been some general business in Railway Shares, accompanied by considerable fluctuation, especially in those of the London and Birmingham line. Until the last few weeks, the returns of toll upon this railway have ex- hibited as compared with last year a decline of from 5004 to 2,0001.; but they have recently improved materially, and in the week ending 5th August amounted to upwards of 20,0001. The shares have consequently been in great demand : they rose iron: 216 to 230, but have since fallen to 220, and are today 22U to 2221. The shares of the Great Western line have fallen about 41., upon a report that at the half-yearly meeting to be held at Bristol today the Di- rectors intend to propose a reduction of the dividend from 7 to 5 per cent per annum. With this exception, however, the general appearance of Railway Stock is favourable; many of the lines exhibiting a continual though gradual increase of tolls—partly attributed to the influence of the season, but in the more Northern lines owing to a general increase in the business of the country.

SATURDAY. TWELVE u'CLAJCK.

The English Funds are at yesterday's prices, with but few transactions. In the Foreign Market, Mexican Bonds continue improving, being quoted at 37. The other Foreign Stocks are the same. Business in Railway Snares has as yet been confined to the following—Great Western fifths, 16/ ; Birmingham, 221 ; Northern and Eastern, 14; Paris and Rouen, 29; Suuth-eastern and Dover, 28.

SATURDAY. Two o'cLocir.

Nothing has transpired in the English Market worthy or comment, and prices continue the same. In the Foreign Market there is no alteration. Business in Railway Shares has been transacted at the following price per Share—Birmingham and Gloucester, 531 ; Great Western, 871; New Shares, Ditto, 64; Ditto, Fifths, 16/ ; London and Brighton, 35 ; Blackwell 4 ; London and Birmingham, 223; Paris and Orleans, 261; Ditto, Rouen 28*. In Bank Shares—Lonuen Joint Stock Bank, 12 ; Provincial Bank of Ireland, 41.,

3 per Cent. Consuls 945 i I Ditto for Account 955 5 3 per Cent Reduced 955 5

at per Cent Ditto lust I New as per Cents 1015 2 1 Bank Stock 184

Exchequer Bills prem. 58 GO

India Stuck 264 5 Bra:nano a per Ceuta 71 74 1

Belgian 5 per Cents Itlaf 45 Chiiiau 6 per Cents ..... 98 100

Chinon Deferred 37 9 Columbian 0 pc. Ce.ns 1824 441 51 Danish 3 per CA.116 56 7

Dutch 25 per Lents 535 Ditto a per Cents 1014 9

Mexicau 5 per Cents 369 7

Portuguese New 3 p Cts.1841 415 5

Rusinau a per Cents 116 117 Spanish (Active) 5 per Cents 185 19 bitty a per Cents 1842. 2b * The monthly statement of the quarterly average of the weekly liabilities of She Bank of England for the four weeks ending the 12th instant, does not afford any ground for remark. There is a general increase in every item of the account, that in the amount of bullion being 205,000/. It will be remembered that the last return of the circulation of the United Kingdom marked a small decrease in the amount of bullion. The amount then (22d July) in store was stated at 11,872,0001., while the umount given in the present return is 11,820,000/.: this disagreement is to be accounted for, by the fact of the one return giving the result of thirteen averages taken weekly, and the giving the average of four weeks: the latter is of course the most accurate.