MONEY MARKET.
The transactiois in the English Funds have not been very extensive, but they have induced a decline in price; and money has been more in demand.. Stock of all kinds has again become scarce, and the depression has hem occasioned by speculative sales for time. In the Foreign Market, Spanish Stock has experienced an extensive decline, and is now lower than ever it has been. The proclamation if the Constitution of 1812 in many of the principal cities in Spain, together with the attitude of re- sktance assumed by the Queen's Government against the Movenient, having alarmed the holders ofthe Bonds, they manifested a general inclination to sell ; and on Tuesday the price had fallen as low as 30. On Wednesday the alarm increased ; several large amounts of Stock, which had been held in deposit by capitalists, were thrown upon the market ; and the price was still further de- pressed to 28. A reaction to 31 occurred yesterday morning, on the receipt of intelligence of an improvement of 2per cent. in Active Stock at Paris on Tues- day ; caused, as was stated, by the strong probability of French intervention. The i rice, however, speedily fell to 30, on its becoming known that M. IV - LVETA had refused to accept a bill for 6(X/01. drawn on account of the British Legion ; and the immediate return of that corps is rendered probable, by the stoppage of all the supplies which have been continuously sent them from this country,—a measure to which the Spanish Ambassador has been reluctantly compelled to resort, in consequence of his inability to provide the necessary funds. The fall has continued to-day; the acceptance of the Constitution by the Queen Regent not being viewed favourably here. Its effects have been more disastrous in Paris ; where the Stock fell 3 per cent, upon its being known, though the decline here has not exceeded 13 per cent. Portuguese Stocks have declined very materially. The last advices from Lisban were of such a nature as to give little hopes for the contiuuance of the present Ministry ; the Ultra-Liberal party having secured so many votes in the Chambers. The Stock has continued to f3ll during the whole week ; and to- day, on the news from Spain becoming known, a quantity of Regency Stock has been brought to market. Indeed the sales have been almost entirely confined to the Five per Cent. Stock, which has fallen nearly 4 per cent, from yesterday's price ; while the decline in the Three per Cents, has not exceeded 26. A rally, however, has occurred both in Spanish and Portuguese Stocks ; in the former of 14 per cent., and in the latter of about 1 per cent. It is understood that this improvement has been occasioned by the receipt of intelligence, by pigeons, of a rise in the price of Active Stock in Paris yesterday. The other European Continental Stocks are but slightly affected by the de- cline in Consols ; and there does not appear to be any disposition on the part of the holders to effect sales. The South American Stocks are about I per cent. below our last prices; but the markets are firmer than usual, and there does not seem any immediate tendency downward. The Railway Shares have continued unmoved ; with the exception of those of Stephenson's Brighton Line, which have risen to 2 prem., in consequence of the declaration made by the Directors at a recent meeting, that they have suf- ficient funds in band to defray the expenses of a renewed application to Parlia- ment for a bill in the session of 1837.
SATURDAY, TWELVE O'CLOCK.
Very little has occurred this morning. Up to this moment not a single bar- gain is registered in the official as having occurred in Consols for the Account. Spanish Stock has been done at 304 and 293, and is now at 293 30. The De- ferred Stock is 123, 13, and the Passive 94. The Railway Shares continue unmoved at the following quotations, which are neas/y the same as in the early part of the week. There is an inquiry after Etephensm's Brighton Shares ; but as Vim are very few in the market, and the buyers are inclined to offer higher prices, the demand has not led to any business. Birmingham and London 69 71 pm ; Ditto and Derby 14 24 pm. ; Ditto and Gloucester 3 die, par; Great Western 174 184 pm. ; Greenwich 4 5 pm. ; Southampton 1 2 pm. ; Leeds and Manchester 13 14 pm. ; Brighton (Stephen. sun's) 13 24 pm. ; North Midland 43 3 pm.
Danish 3 per Cents. 761 it
Dutch 24 per Cents 55/ 4 Mexican 6 per Cents 27
Portuguese Regency 5 p.Cts 704 71
Ditto 3 per Cent. 434 44
Ditto 5 per Cents 1836 Scrip 6 ins.
Prussian (1818)5 per Cect — Russian (1822) 5 per Cent 1114 Spanish (1835) 5 per Cent 29i 30
SATURDAY, FOUR O'CLOCK.
We cannot quote any variation in the prices of English Stock. Spanish Active Stock has been as high as at% and, after being at 29'az, is now 30. We al* without any foreign arrivals or intelligence of importance. The Portuguese Stocks are firm at quotations rather higher than the closing ones of yesterday. The Railway Shales are without alteration.
3 per Cent. Console Ditto for Account per Cent. Reduced New 34 per Cent Anus India 'stuck Bank Stock Exchequer Bills Belgian 5 per Cents Brazilian 5 per Cents 914 9:4 / 1004 10 12 103g I 874
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