24 AUGUST 1850, Page 9

MONEY MARKET.

stuCK ESC/LARGE, kIIIDAY APTERNOON.

The English Stock was heavy in the early part of the week, and the price of Consols fell to 96 for Money and 96b for Account ; thus marking a fall of

per cent during the week, and of 1 per cent from the highest recent quota- tion. More firmness was apparent both yesterday and today, and a reaction to the whole extent of the full has occurred ; the closing price this afternoon being 961 for Money and 961 for Account. Till today, the transactions have been unimportant. A sale of 100,0001. for Account occurred this morn- ing, at 96k; the effect of which was speedily counteracted by that of a pur- chase to nearly the same extent. Seine influential purchases for Money have since occurred, and the quotations have been maintained during the whole of the afternoon. It seems now to be almost an admitted fact that the harvest will be short in quantity and inferior in quality. Importation to a greater or a less extent is consequently anticipated ; and as a necessary consequence, an ex- portation of the precious metals, an increase in the value of money, and a decline of some sort in the prices of the Public Securities. Money continues as last week, the rate of discount being from 2 to 3 per cent.

The Foreign Market has been in a very quiet state. The prices of the South American securities are generally lower. Mexican Stock, on the con- trary, advanced nearly per cent from our last prices, and closes at a slight decline upon the improved quotations. There is no change of importance in the Dutch or Northern European Bonds. Spanish Active Stook has advanced

b per cent, in consequence of the favourable nature of the late accounts from Madrid. For the last three months, the delegates of various bodies of European Bondholders (under the direction of M. Weiaeweiller, who repre- sents the interests of the English portion of the creditors of the Spanish nation) have been in active negotiation at Madrid with a Commission ap- pointed by the Spanish Government and called the Directive Junta, in order to the arrangement of such a plan for the consolidation of the Foreign Debt of Spain as would be acceptable to the body of the Bond- holders and not too onerous for Spain. Several plans have been developed, but none adopted. The negotiations have now, however, reached such a point as to render it necessary to call together the Bondholders in order to their adoption of a scale for the conversion of the debt. A meeting is con- sequently convened for Wednesday next ; when, after the whole course of the recent proceedings shall have been submitted to them they will be asked to agree to resolutions authorizing the London Committee to agree to the conversion and consolidation of the Spanish Debts upon certain bases to be then declared. Portuguese Bonds are steady at our last quotations. Some small purchases of the Three per Cents have been made on Dutch account, at quotations rather in advance of the Four per Cents. The market has consequently been kept in a healthy state. The Share Market is without material change ; the only important va- riation being a rise today of about 21. in South-western.

133,992,181 £95,992,181 • Including Exchequer, Saviugs-Banks, Commissioners of National Debt, ADIvidendAccts.

SATuRDAY Two teCtoot.

The English Stock Market closes rather more firmly, the last price of Con- sols for Money being 96 1 h while for Account there are buyers at 964. The transactions in the Foreign Market have been very unimportant, as the fol- lowing brief list of bargains will show—Mexican, 29f ; Peruvian Deferred,

; Russian. Four-and-a-half per Cents, 961 ; Spalish Coupons, 84.

°thing of importance has occurred in the Ra way Share Market ; in which the following are the principal transactions recorded—Aberdeen, 91 4; Ambergate, Notts, and Boston, I die. ; Bristol and Exeter, 62f 2; Caledo- nian New 101. Preference, 5 ; Eastern Counties, 646; Ditto New Preference 6 per Cent, 111 I ; Great Northern, 91 1 i Great Southern and Western, (Ireland,) 30; Hull and Selby, 97; Lancashire and Yorkshire, 394 1 ; Lon- don, Brighton, and South Coast, New Guaranteed 6 per Cents, 1361 • Ditto Guaranteed 5 per Cents, late Croydon Thirds, 114; London and 'North- western, 1111 4; Midland, 334 1 3 ; Norfolk, 16k; North British, 64; South-eastern and Driver, 15f 1 / ; York, Newcastle, and Berwick, 144; Ditto G. N. E. Purchase or Preference 41; York and North Midland, 151 1 f ; Boulogne and Amiens, 71; Central of France, (Orleans and Vierzon,) 144; East Indian, 741; Paris and Rouen, 23/ 1 f.

3 per Cent Consols 964 4 Danish 3 per Cents 76 9

Ditto for Account 961 buyers Dutch 24 per Cents 57 4 3 per Cent Reduced 97 4 Ditto 4 per Cents 89 4 31 per Cents 99 Mexican 5 per Cents 1846 ... 294 4 Long Annuities 81 # Peruvian 6 per Cents 81 2 Bank Stock 212 13 Portuguese 4 per Cents 1842 . 34 4 Exchequer Bills 6,5 68 Portuguese 5 per Cents 1824. 334 4 India Stock — Russian 5 per Cents 111 113 Brazilian 5 per Cents 91 3 Spanish (Active) 5 per Cents. 17; 184 Belgian 44 per Cents 90 2 Ditto 3 per Cents 1842 374 4 Chilian 6 per Cents 102 4 Venezuela 34 6 Danish 5 per Cents 102 3

BANK OF ENGLAND.

An Account, pursuant to the Act 7th and 8th Victoria, cap. 32, for the week ending on

Saturday, the 17th day of August 1850.

1131/5 DI Llt7X.13117.

Rotes issued 430,204,270 Government Debt £11,015,100 Other Securities 2,984,900 Gold Coin and Bullion 15,984,312 Silver Bullion 219,958 £30,204,270 £30,204,270

BANICINO D PSRIIMIS.

Proprietors' Capital £14,553,000 Government Securities (in- Best 3,280,106 eluding Dead Weight Annuity) £14,430,817 Public Deposits' 7,261,305 Other Securities 10,534,408 Other Depoaita 9,569,322 Notes 10,377,215 Seven Day and other Bills 1,328,448 Gold and Silver Coin 649,711

SATURDAY TWELVE o'crocx.

The English Stock Market is steady at the closing prices of yesterday, with but little doing. The same remark will apply to the Foreign Funds.

'Me Railway Shares are rather firmer i. among those which are in de- mand than yesterday we may notice Great Western and Midland. The fol- lowing are the principal bargains recorded—Great Western, 58f ; Bristol and Exeter, 624; South-eastern No. 4, 51. •