THE MONEY MARKET.
STOCK EXCHANGE, FRIDAY Eyelets/Q.—On Wednesday, the books were opened for transfer of Consols, and that was also the settling-day of the July account ; but nothing very important occurred then nor since,—the Money Market having re- mained in a comparatively quiet state ever since our last report. On the settling, the speculations appeared at last to have been pretty equally balanced. Since then; the overflow of money has become still more apparent ; and Stock, for delivery at the end of August, is only an eighth per cent. dearer than for money, showing a continuation, as it is called, or, in other words, a rate of interest for money of only 11 per cent., or thereabouts. Yetthe price of the other securities is so high as to leave very little choice between them and Consols ; for the New a per Cents- have touched 101f. Exchequer Bills, paying only 2* per cent., are at 849. prem. ; and India Bonds, paying 3 per cent., at 92s. prem. Under all these circumstances,- we shoald certainly be disposed to look for a further advance of prices, if the state of affairs in France did not create, as they do, considerable anxiety, and check the , disposition to speculate for an advance.
The price of Consols is now quoted without the dividend, the money price being now 92 ; and for the 26th August, 921 to I, which is equal to the 94* to * and 94* to of last week. It is also to be observed, that these prices show an advance of per cent. upon last Saturday's prices.
In the Foreign Market there has been hardly any business this week. Russian and Danish are at the same prices then quoted. Spanish the same. Greek the same. EVery thing, in short, the same except Colombian Bonds, which have re- covered a trifle, and are now at 22t or 23.
In Shares there have been some bargains in Imperial and National Brazil, both of which have advanced, but all the rest are in stain quo.
SATURDAY, HALF-PAST TWELVE.—The Canso' Market :opened rather flat this morning, but is now at the closing price of yesterday, 921 to ri for the Account ; but there is very little business in it, and none in the Foreign Market.
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