THE MONEY MARKET.
STOCK EXCHANGE, FRIDAY EVENING.—The transactions of this week in our Stock Market have been so comparatively few and uninteresting, that a very few wards will suffice to describe them. Indeed, a reference to the prices quoted in our last would almost answer every purpose, as we have had scarce the variation of an eighth per cent. until to-day. The pressure on the Money Market was felt consideraWy in the early part of the week, but still no considerable speculative sales were attempted, and in spite of a variety of adverse circumstances, the bias of the dealers seems now to he in favour of a rise ; for the moment the demand for money had a little abated, which was the case this morning, Consols be- gan to advance, and at the close of business had reached 87i to I. The first price of Monday was 87, the lowest of the week (and that only for a moment) sci, and the highest up to yesterday 87i. This morninr, the opening price was 87 to 87*, after which the rise took place as already mentioned. The new 4 per cents., which is the only heavy Stock open, are about 1013. Exchequer Bills were done in the morning so low as 49, but recovered afterwards, and left off. Out of doors, the scarcity of money is unabated. Some failures have again occurred since our last, and we have everywhere complaints of the dulness of trade, and of the difficulty of obtaining discounts: This seems likewise to be more or less the case in every part of the country, and is no doubt to be attributed to the approaching change in the paper circulation. It has never been our custom to excite needless alarm; but we cannot help thinking the doctrine of some of our cotemporaries on this subject a little reprehensible, see- ing that by making too light of the difficulty, they may induce neglect of wholesome precautions. In the foreign Market business has been, if possible, still less interest- ing than in the English Market. All the South American Bonds are exactly in glafu quo. Portuguese Stock is a trifle better, 443, and Russian has been done today at 95; which is a rise of # per cent. In no other Stock is there any change to report, except in French; the latest prices
of which from Paris are 78.20 for the 3,per cents., which is the highest they have ever touched before.
There is absolutely nothing doing in Shares.
SATURDAY, TWELVE o'cLocx.—There is not much business doing, but the market is Very firm at 87; to 87k. There are buyers for money for 87t:
Bank Stock, div.8per Cent. Colombian,
3 per Cent. Reduced, Ditto, 1824, 6 per Cent. IS 183
3 per Cent. Consols, 873 3 Danish, 3 per Cent. 643 65
33 per Cent. 1818, French 5 per Cents.
33 per Cent. Reduced, Ditto 3 per Cents. New 4 per Cents. 1822, 10121,1 Greek 5 per Cent. 133 143
4 per Cents. 1826, Mexican 6 per Cent 233 24
Long Annuities, (which expire 5th Jan. Neapolitan 5 per Cent. 1860)- - • Peruvian, 6 per Cent. 13 14
India Stock, div. 103 per Cent. Portuguese, 5 per Cent. 443 45
South Sea Stock, div. 33 per Cent. Prussian,
India Bonds, (4 per Cent. until March, Russian, 943 954 1829, thereafter3perCent.) 46 . Spanish, 93 93 Exchequer Bills,-(interest 2d. per Cent. SHARES. per Diem,) 53 52 Anglo-Mexican, 221. 108. 251. Consols for Account 872 3 Brazilian, Imperial, 561. 581.
• FOREIGN FUNDS. Real Del Monte, 1201. 1301.
Austrian Bonds, 5 per cent. Bolanos, 3001.
Brazilian Bonds, 5 per cent. 61 613 Colombian, fit. 10/. Bnenos Ayres 6 Cent. 33 34 United Mexican, Ill. 121.