nu , . MONEY MARKET.
STOCK E x emit you;, FRIDAY EV ix iNG.—The aspect of affairs here, which began to change on Saturday last, has continued to improve during the wet:k, and prices have advanced fully three-quarters per Cent. This improvement, too, has been so gradual. as to appear not ural,—therefore perhaps inure pernument, and nutty be ascribeit to several causes, and among others to the apparent tranquillity which at- tended the beginning of the new reign, and the cordiality which seems to subsist between the Minister and his new Sovereign. But the truth is, that the great and ever-working cause is the abundance of money, which cannot be otherwise employed than in the purchase of Stock, and which would long ago have caused a muth more considerable rise, but for the clouds overhanging the political atmosphere. All that untoward political events have lately done is to retard or stop the advlauee. They have occasioned no retrograde of any consequence. Among the minor causes of the improvement in our Market may be noticed the intention of Government, announed during the week, to pay off the 4 per cent, dis- sentients on the 6th instant. There has also been some improvement in the price of the French Funds, and there is, lastly, and not least to be remembered, the ap- proach of the settling day (the 20th), when those gentlemen facetiously denominated Bears, who had speculated for a fall, must close their accounts.
Consols for the Account opened on Monday at 923, and advanced that day to 931 —receded next day to 921—recuvered to 93 on Wednesday—un Thursday advanced to 93g, and to-day to 91g, closing, however, at 92i.
There has been a corresponding improvement in the heavy Stocks, and the 3i per cents, have been done at par.
In the Foreign Market there Is scarcely any th:ng to notice. The Continenta Bonds have risen about 1 per cent., particularly i:u,sian, which seas last week at 109, and are now tie. There has been very little, if any thing, doing in Greek Bonds, which are about 36.
The South American Bonds are higher, lactic :0 ly Colombian, which are about 25 ; but, geaerally speaking, there has been sem•e, 60 any business either in this or the Share Market during the entire week.
Spanish is very steady at about IS. SATta:DAv, At.t•-eAsT TwEtvn.—The Consul Market is higher, 931 sellers. There is not, however, much business.
In the Foreign Market or in Shares, literally none.
Previous page
