MONEY MARKET.

STOCK EXCHANGE, FRIDAY AFTERNOON'.

The pressure upon the Money Market has considerably increased ; and Ciaing the last few days 5 per cent. has been the rate charged for advances and discounts. In some instances, where the date of the bills brought them within the terms of the dispensing clause introduced into the recent act renewing the Charter of the Bank of England, 5i per cent. has been charged. The anxiety manifested by the monied public upon the subject of the Exchequer

Bills, h is been set at rest the holders of the Advertised Bills.ent them .r, - to be exchanged for new ones. The Government has, however, evidently been considerably embarrassed by the fear that the holders should demand money instead of bills ; as on the 21st, the day before that on which the bills were sent into the Exchequer, the following notice was issued.

" Treasury Chambers, 20th September 1836.

"Gentlemen—The Lords Commissioners of his Majesty's Treasury having de- termined that the Exchequer Bills to be delivered in exchange for those advertised to be paid off in the present mouth, shall bear an interest of 2d. per 1001. per day instead of 11 as stated in the advertisement dated 1st September 1836, I am commanded by their Lordships, to request that you will make this determination known at the Stock Exchange, and my Lords will forthwith take the necessary steps for carry ing it into effect. J. aseirco. " To the Governor and Deputy Governor or the Bank of England."

It will be seen that the increase of interest has only been upon the new bills to be issued on the 29th instant ; but it is the general opinion of the capitalists, that the increase to 2d. a day will before long be made upon every description of these Securities.

The Commissioners for the Reduction of the National Debt have published a notice, to the effect, that of the surplus revenue applicable to the redemption of the Debt during the approaching quarter, amounting to 449,000/. 15s. 7d., there is to be applied to the purchase of lid. Exchequer Bills, 421,9001. I5s. 7d. while the balance is to be applied to the purchase of Stock.

A notice has also appeared from the East India House, by which the inte- rest on India Bonds has been raised from 2i to ai per cent. By these various measures, the value of negotiable Securities has been maintained, Exchequer Bills have been kept at a premium, and India Bonds have risen. The sales of Stock on behalf of the Scotch Banks have been continued ; and the fall of all descriptions of English Funds has been between 1 and 2 per cent. As yet there does not seem any immediate prospect of an improvement. The Foreign Funds of every description have felt the general depression. All the Continental Securities have fallen, in a greater degree than Consols. Bra- zilian, Belgian, and the Dutch Securities, have been the most affected. The Russian and Danish Bonds not being generally current in our market, have not fallen so much ; and the transactions in them have been very few.

In Spanish and Portuguese Stocks, the fall has been much greater; the Active Spanish Stock having been during yesterday si per cent. below our last prices. To-day, however, it has improved about 2 per cent. ; and the market presents a firmer appearance than it has done during the week. The depres- sion of yesterday was occasioned by a report which was very confidently circu- lated, that the army of the Pretender bad crossed the Ebro ; this not only depressed the Active Stock to 22, but caused a demand for the CARLOS Loan, which, although not recognized at the Stock Exchange, is held by some of the

partisans of the cause. Since its first introduction in May last, it had been completely neglected ; but the desponding appearance of the Queen's cause has contributed to give it some currency; and on the intelligence of yesterday being promulaged, the CARLOS Scrip was done at 1 and prem. At Antwerp it is also 1 per cent. prem.

The Portuguese Regency Bonds, New Scrip, and Three per Cents., continue to decline, and are severally from 5 to 8 per cent. below our last prices. The Bonds of the Old Portuguese Loan are, however, considerably higher in price, in consequence of the Dividends upon them being guaranteed by the Brazilian Government; and yesterday, when the Regency Fire per Cents. were at 52, the Old Five per Cents. were at 60; and to-day, when the quotation of the Regency Bonds is precisely the same, the Old Bonds have been done at 65.

We are without any further intelligence from Lisbon, and for the last three days the Portuguese Stocks have been without material fluctuation.

The South American Stocks have been neglected.

The Railway Shares have been steady, with little doing. A disposition to purchase some of the lower-priced Shares on the part of the Liverpool mi.- talists, has been evident during the last few days.

SATURDAY, TWELVE O'CLOCK.

The Consol Market is firmer, and the Stock has been done during the morn. ing both for Money and Account at 8S. Exchequer Bills have been done at par. The usual quarterly statement of the liabilities and assets of the Bank of England has been made public ; and much discussion has been caused by it, and many ingenious calculations entered into to deduce the actual amount of bullion now in its coffers from the return, which merely states the average of

the quarter. Without, however, entering into that question, it is sufficient to remark, that the stock of gold is decreasing, the present average being 650,0001. below that of the last quarter.

Spanish Stock is about A per cent. lower than yesterday, in consequence of a fall of 1 per cent. having occurred on Thursday in Paris, and the revival of the report of Don CAR Los and his army having crossed the Ebro in force, which is still resolutely asserted by the Pretender's agents in London. Portuguese 'Stock is steady, in the absence of intelligence front Lisbon. The European Conti- nental Stocks are rather firmer, on account of the better appearance of the Consol Market.

Nothing of importance has occurred in the Railway Shares. SATURDAY, FOUR O'CLOCK.

The Consol Market has given way, and closes at St3A for Money, and 8E1 k for the Account. Exchequer Bills are the same as in the morning. In the Foreign Market, all the European Continental Stocks are heavier ; and the transactions in them have not been large. Spanish Stock is lower, closing at 22'. It is still pretended that the Carlist forces crossed the Ebro on the 20th. Well-informed people believe this to be a report got up to prevent the success of any financial operation which M. MENDIZARAL may contemplate in our market. Portuguese Securities are lower ; the Five per Cents. have been done at 50, and the 'I hree per Cents. are nominally 34 82i. Some of the heavier Railway Shares are from 21. to Si. lower; but the cheaper are without material alteration.

Ditto for Account 811itit Dutch Danish 3 per Cents.

21 per Cents 50* *

75 76

s

3 per Cent. Consols gali 3 per Cent. Reduced Mexican 6 per Cents 22/ 231 New 31 per Cent Auus 971 Portuguese Regency 5 p. Cts. 51 52 India Stuck 32 33

Ditto 3 per Cent.

Bank Stock Ditto 5 per Cents 1836 Scrip . 26 dia.

Exchequer Bills 2 pm. Prussian (1818) 5 per Cent ..

Belgian 5 per Cents 994 100 Russian (1822)5 per Cent... 1041 51

Brazilian 5 per Cents 77/ Si Spanish (1835) 5 per Cent... 23/