21 MAY 1831, Page 11

THE MONEY MARKET. THE MONEY MARKET.

STOCK ExcaAxon, FRIDAY Evnxis G.—Although we have not had much busi- ness here this week, there have been some material fluctuations. On Monday, Con- sols, which had closed last week heavily at 824, opened at 82i, and closed at 834. The cause of this advance was a rise of as per cent, in the French Funds, which was quite unexpected here ; and as our Market gave way on Tuesday, it would ap- pear that it was notpermanently relied on. Since then, our prices have been down -again to 82; but the Market became inure firm yesterday,. advancing to 82i, and Still more this afternoon, when the price is 84. All things considered, this is a high. price, the stability of which may be doubted without the imputation of unreason-

able scepticism. Stock is abundant, and money scarce, or at least materially scarcer

than for many months past, as loans on Stock now eSmmand a rate of interest of from 2 to 3 per cent. This our readers will of course consider quite a new feature in the Stock transactions of 1831 ; for hitherto it has been Stock and not money which the dealers have had to borrow. Exchequer Bills are a trifle higher than last

week.

In the Foreign Market, we have no increase of business, but every thing is dearer; as, for example, Ruesian 94, and Brazil 61a. These have of course felt the impulse of Consols.

The Share Market is still neglected.

SATURDAY, HALF- PAST TweLVE.-After preparing the above list, a considerable failure has been announced, and a rise of nearly 1 per cent, has occurred in Consols, the price of which is now sat to g. The individual in question had entered into very extensive speculations for a fall.

Bank Stock .... 1991 3 per Cent. Red. 811 3 per Cent. Cons. 831 4 34 per Cent. New 91g- it Consols for Acct. 83i Long Annuities 171', 15-16 Ex. Bills, 1000/. 9 8 India Bonds.... - Brazilian ....... -

Buenos Ayres... - Chilian •• . • -

Colombian . - Danish.- • • • • - Greek....... . . - Mexican ... • •• . -

Peruvian .... - Portuguese ..... - Russian...... „ Spanish.. . •• - Ditto, New SHARES.

Bolanos - Brazilian . - Columbian . - Anglo Mexican - United Mexican -