MONEY MARKET.
STOCK EXIDIANOR FRIDAIr AY/1311N0011.
A startling effect was produced here this morning by the intelligence of the recall of the French Ambassador. A considerable fall has consequently cese curred in the prices of the Fnglish Funds ; Consols, which had been steady diming the early part of the week, and had yesterday morning reached 96f, alining in the afternoon at 96f I, opened this morning at 95f. The prico fluctuated for some time between 95 and 95f ; then fell to 95 ; and after re.- acting to 95, the closing quotation this afternoon is 95 f for Money and. 95f 1 for Account. Some rather large purchases occurred when the price was about 95: these, however, have given but a temporary support to the market, which closes without any animation, nearly at the lowest price.. Till this morning the businees transacted was unimportant. Considerable activity has been apparent in the Foreign Market; and up to yesterday the prices of almost every variety of Foreign Bonds had ad- vanced materially.. Some rather large transactions took place in the Scrip and Stock of the Russian Loan ; the former rising to 31 premium, and the latter to 961 : these purchases were said to be on French account. Dutch Two-and-a-half and Four per Cents also advanced, and there was a general disposition for investment in almost every description of Foreign Stock. Peruvian were in especial demand,, and advanced from 4 to 5 per cent upon our last prices. Mexican were also in great favour, from a cause which is adverted to below : this stack advanced altogether about 2 per cent, but re- ceded again before the close of business yesterday. The political event of today has produced a complete change in the prices of every. description of Foreign Stock ; all minor considerations being merged in the important ones suggested by the present state of the political relations between hatgland and France. The fall in the Foreign Funds has been to nearly the setae extent as that in the English Stocks; nearly every description of Foreign Bond* closing this afternoon about 1 per cent lower than yesterday. An amended proposition for the conversion of the Mexican Debt has been received from Mexico. By this new scheme it is proposed to convert the ex- isting debt into a Stock bearing 3 per cent interest; to assign 31 Millions of dollars of the American indemnity to the entire cancehnent of the dividends accruing to 1st July 1850; and further to assign 30 per cent of the Customs- duties for the payment of the future dividends of the new Stock. This plan differs from one proposed and agreed to on the behalf of the Bondholders by Mr. Robinson about a year ago, in the reduction of the Stock to 3 instead of 3i per cent, the apportionment of a large sum to the cancelling the over-due dividends, and the apportionment of 30 instead of 20 per cent of the Custom, house receipts to the payment of the Bondholders. The Share Market was improving, and up to yesterday prices had genes rally advanced, though to no considerable extent : the aspect of affairs has completely changed this morning, and although there does not appear any disposition to extensive sales, prices are today from 11. to 21. lower than yes, terday for the more important shares, and from Ss. to 108. for those of mmor importance.
SATURDAY TWELVE O'CLOCK.
The French Five per Cents improved nearly / per cent in Paris yesterday, end this has eiven a much better tenets our market both for English and Foreign Stocks. Consuls opened at 951, went down to 95, but have since re. covered to 95f 1 for Money and 951 f for Account. Sieveral transactions have occurred in Foreign Stocks ,at slightly imprOved prices as compared with yesterday, and there issevidently more disposition to purchase these se- curities than was then observatle. The Railway transactions have been con- fined to the following—Eastern Counties Extension, No. 1, 5 per cents, premium ; Great Nmehern, ; Great Western, 521 ; Hull and Selby, 94; Lancashire and Yorkshire Guaranteed 6 per cent, 12; Brighton, 79/ 79; Ditto Croydon Guaranteed 5 per cent, 11; Sonth-eastern, 13j; York, New- castle, and Bernick, 13; Ditto Extension, 8 7. SATURDAY Two o'CLocs.
Some large speculative purchases have occurred this afternoon, one or two of the larger sellers of yesterday having been -buyers. The transactions for money have been =important. Consols have been at 951 both for Money and Account, have since fallen to 95/, closing at 951 1 for Money and 951 buyers for Account. The Foreign Market has been firm at the opening prices. The following are the principal bargains recorded—Brazilian, 87; Buenos Ayres, 521 1 11 ; Chili= Three per Cents, 59; Mevieen 301 I 31 30t; Pe- ruvian, 764; Ditto Deferred, 33k; Russian Four-and-a-half per Cents, 951; Ditto Scrip, 2/ -1- 1 4; Spanish Three per Cents, 371; French Five per Cent Rentes, 86.50; Exchange, 25.75; 'Dutch Two-and-a-half per Cents, 551 ; Ditto Four per Cents, 851. The Railway. Share Market Is firmer, and generally the prices are rather in advance of those of yesterday. The following are the principal bargains recorded—Bristol and Exeter, 63; Caledonian, ft/ 1 8 ; Ditto Preference, 51 1; Eastern Counties, 74; Great Northern, 61 4; reat Western, 521 31 1 1 ; Ditto New, 17/., 64; Lancashire and Yorkshae Preference, 12; London, Brighton, South Coast, 791 9; Ditto Guaranteed 5 per Cents late Croy- don ' 11; London and North-western, 100 21 2; London and South- western, 694 60; Midland, 3243; North British, 74; North Staffordshire, 7 4; Scottish Central, 131 13; South-eastern and Dover, 131 It; York, Newcastle, and Berwick, 13 4 1; York and North Midland, 15/ 164; Ditto Preference, si; Northern of France, 11/ 1 1 ' - Orleans and Bordeaux, 21; Paris and Strasburg, 64; Rouen and Havre, 74.
3 per Cent Consols 951 Danish 3 per Cents 69 71 3 per Cent Reduced 41 Ditto 4 per Cents Ditto for Account 95 Dutch 24 per Cents 54 Mexican 5 per Cents 1846 30 1 3.1-per Cents 96 VII Long Annuities 8 1-1 -16 Peruvian 6 per Cents 76 Bank Stock 205 206 Portuguese 4 per Cents 1842. 32 4 Exchequer Bills 67 70 pm. Portuguese 5 per Cents 1824. 84 6 India Stock --,- Russian 5 per Cents 105 7 Brazilian 5 per Cents 86 8 Spanish (Active) 5 per Cents. 16/ 17 Belgian 44 per Cents 86 7 Ditto 3 per Cents IM2 37 A Chit' 6 per Cents 97 9 Venezuela 32 4 Danish 5 per Cents 96 98
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