31 OCTOBER 1835, Page 10

MONEY MARKET.

STOCK EXCUANGE, FRIDAY AFTERNOON.

Money has been more plentiful than last week, and the price of Consols has been as high as 91/. A further investment of 300,000/. on account of the sur- plus balances of the West Indian Indemnity claimants, was effected yesterday, at 911. Jr is understood that these purchases will continue, and that upwards of one million will be invested in this way before the shutting of Consols in December next. The premium of Exchequer Bills experienced a rapid decline yesterday ; having fallen from 14 prem. to 8 prem. Some sales by the broker who usually acts for the Bank may be cited as the cause of the decline. An improvement has taken place to-day, and the last quotation is within 2 prem. of the price from which the decline began. The Railroad Shares are still favourite speculations every day brings some new scheme, shares in which are eagerly sought at greater or lc.: premiums upon the original deposit, as chance or discretion may determine. A foretaste of what may, however, are long be expected, occurred to-day; when the Great Western Railroad Shares, which in the course of the morning had been at 18/. premium, fell suddenly to 12/., without any apparent cause. It would be impossible within our usual limits to give even a sketch of the extensive operations in Railway Shares, to which the current business of the week Las been almost entirely confined. It is enough to say, that undertakings of this nature are about to be extended over every part of the kingdom; and, from the eagerness with which the Shares are sought after, the anticipations of general success must be extraordinary. Spanish Stock has declined about 1 per cent,; the conversion of the Cort. , Bonds still pressing down the prices of all the Peninsular Securities. The last settlement of speculative transactions in Cortes Bonds took place to.day ; and henceforth all the transactions in Spanish Securities will be carried on in the Spanish Consolidated Five per Cents., or Active Stock ; into which all the various descriptions of Spanish Stock have become converted. Some ettensive sales of Portuguese Bonds have caused a decline of between 1 and 2 per cent, in these Securities ; but the operations are not traceable to any political cause.

The European Continental Stocks continue nearly at our last prices.

The South American Securities are heavy, in consequence of the superior inducements to speculation offered by the traniactions in Railway Shares. Intelligence has been received to-day from Paris, that Mr. ROTHSCHILD, in conjunction with some other capitalists, had concluded a negotiation with the Government of Austria for a loan of forty millions of florins, or four milliora sterling. The loan is to be in a Three per Cent. Stock ; and the price given by the contractors is 75. This is the first instance (since the Danish Three per Cent. Loan in 1825) of any of the Continental Powers, with the excep- tion of France, having succeeded in raising a loan at the rate of 4 per cent.

SATURDAY. TWELVE O'CLOL. .

The transactions of the morning have been (as is usually the case on Satur- day) quite unimportant. Consols for Money are 913. §, and for the Account 911 3. Exchequer Bills are at 10 prem. In the Foreign Market, Spanish Stock ( Active) is 421 ; and Cortes Bonds are 43i. The Railway Shares are nearly at the closing prices of yesterday. SATURDAY, FOVR O'CLOC .

The Consol Market has evinced considerable firmness. In the course of the afternoon the price for Account has ben as high as 91§ 3, but closes lower, viz. sellers at 913. The Spanish Market has also improved,—Cortes Bonds are 441, Active Stock 4131 4. The Railroad Shares have not fluctuated materially; Blackwall are 3% 3 prem., and Great "Western about 14.

3 rer Cent. Consols

911 1 Dutch 21 per Cent

55 * Ditto for Account 911 j French 3 per Cents

New 34 per Cent. Annuities 994 g Greek, 1825, 5 per Cents... .

Bank Stock

Mexican 6 per Cents. 361 37f Exchequer Bills 10 12 pm. Portuguese 3 per Cents

561 7

Omnium

Do. Regency 5 per Cent 871 8i Belgian 5 per Cents ..... 1021 1 Russian, 1822, 5 per Cent 1071 81.

Brazilian Spec Cents. ex. div 841 1 Spanish 1821, 5 per Cent qk Danish 3 per Cents. 761 Ditto 1835 424 1