27 AUGUST 1853, Page 8

MONEY MARKET.

STOCK EXCHANGE. FRIDAY AFTERNOON.

The English Funds at the commencement of this week exhibited renewed firmness. Consols were done on Monday as high as 981; they subsequently

became A lower, owing to an advance of 4s. in the Corn-market, in conse-

quence of the demand on French account. On Tuesday, after the delivery of 300,0001. Stock purchased on Saturday last on account of the Commis-

sioners of Greenwich Hospital, (said to be the repayment of a loan by the Commissioners of Woods and Forests,) Consols declined to 981 ; at which they continued, alternately buyers and sellers, up to yesterday afternoon in- clusive. Business has been rather limited; so many people are out of town, and the speculators are waiting for further news from Turkey of a decisive nature. Close attention is paid to the state of the weather and the prospect of the harvest, as affecting the future value of money ; which has this week been less in demand. The Bank of England is understood to be receiving large amounts of gold ; but, in consequence of extensive purchases of grain and other produce, remittances to several parts of the Con- tinent are frequently made ; an adverse tendency in the rate of ex- change with France being partly counteracted by the shipment of wheat to that country. Today the Funds have been heavy, owing to un- favourable weather, and have -fallen 1; Consols closing at 98 1 for Money and Account. Bank and India Stocks and Exchequer Bills are at the quota- tions of last week : the latter have been Is. higher.

In Foreign Stocks, business was rather active on Monday at advanced prices; which have not been maintained, though the reaction in most eases has been trifling. Danish Five per Cents are 1, and Russian Four-and-a- half per Cents 1 better; Peruvian Four-and-a-half per Cents, and Deferred, 1; Granada Deferred, ; Mexican, i; Spanish Deferred and Certificates, lower. Accounts from Vienna state that the Government will be obliged to- resort to a new loan in October next.

Railways were favourably influenced on Monday by the buoyancy in other markets : Midland rose 15s., and Great Western 108. A dulness has since prevailed, with but little disposition to operate for a rise or fall. Yesterday at the close, there was no alteration in many of the English and Foreign lines; in others the difference compared with last Saturday was to the follow- ing extent. Increase—Norfolk, Scottish Central, and York, Newcastle, and Berwick, 11. ; Caledonian, 108. ; Great Western, and Midland, 5s. Decrease- -London, Brighton, and South Coast, and Shrewsbury and Birmingham, 1/. ; Aberdeen and London, and North-western, 108.; South-eastern, 5s. In Foreign Shares, Paris and Orleans has improved 1/. 10s.; and a decline has occurred in the following—Paris and Strasbourg, 1/. 58.; Southern of France, and Western of France, 108.; Paris and Lyons, and Sambre and Meuse, 58.; South-eastern of France, 2s. 6d. Today little alteration has occurred either in the English or Foreign lines. At the Great Western Railway meeting last week, the dividend at the rate of 4 per cent per annum was confirmed, and the report adopted. The principal subjects discussed were continuance- of differences with the London and North-western Company, increased ex- penditure, and future chances of traffic.

SATURDAY, TWELVE O'CLOCK.

The English Funds are i hewer this morning; Consols are now 971, 8 for-. Money and Account. They have been unfavourably affected by the remarks in the papers concerning the news from Constantinople, some alteration being required in the note sent from Vienna, which must occasion delay in the arrangement of the Turkish question. Exchequer Bills 1 dis. to 2 pm. There is no alteration in Foreign Stocks; Granada Deferred continues heavy at 9; 10. Railways are dull; bargains have taken place in the following— Chester and Holyhead, 211 ; East Lancashire, 711; Lancashire and York- shire, 75; Midland, 71i.

3 per Cent Consols 97 8 Danish 3 per Cents 84 6 Ditto for Account 97 8 Dutch 24 per Cents 644 51 3 per Cent Reduced 98 4 Ditto 4 per Cents 98 9 34 per Cents 10 4 I Mexican 3 per Cents 264 7 Long Annuities 5 15-10 6 Peruvian 44 per Cents 81 5 Bank Stock 228 9 Portuguese 4 per Cents 45 6 Exchequer Bills 1 dis. 2 pm. Russian 5 per Cents 117 19 India Stock 257 9 Ditto 44 per Cents 1011 2.1 Brazilian 5 per Cents 101 3 Spanish 3 per Cents 474 4

Belgian 44 per Cents 98 100 Ditto Deferred 234 4

Chilian 6 per Cents 104 6 Sardinian 5 per Cents 96 7 Danish 5 per Cents 107 9 Austrian 5 per Cents 98 100