MONEY MARKET.
STOCK EICHANON. FRIDAY AFTERNOON.
The improved appearance which the English Funds presented at the close of last week has not been maintained : the reaction up to last evening amounted to 1 per cent. The position of the Turkish question has proved a greater check than the various circumstances which led to the alteration in the Bank rate of discount. The shipments of specie for India and China have this week amounted to 429,0001., and the gold forwarded to St. Peters- burg about 200,000/. Against which must be placed the arrival on Monday of 245,000/. from the West Indies and New York : 800,000/. of silver is ex- pected from the Gulf of Mexico about the 1st of October. The shipments of manufactures and other merchandise are now on a smaller scale, and freight is rather lower. The late increase in the rate of discount has produced a degree of caution in the manufacturing towns, without raising alarm. In the Corn-market, the advance of last week has been maintained. Little alteration occurred in Government Securities until Wednesday; when they declined f. The unfavourable news respecting the Eastern question pro- duced a further fall of 1 yesterday : Consols then closed at 941 /. This morning they opened higher, but subsequently receded to 94/ 1 for Money ; closing, after several fluctuations, at 9441 and for Account 94g 1, —their lowest point since February 1850. In the Stock Exchange money has been worth from 3 to 36 per cent on Government Securities : out of doors the demand has been moderate. Exchequer Bills have fallen 6s. this week, closing today at 127 discount.
Foreign Stocks were steady in the early part of the week, with a tendency to improvement in some cases. Sales of Stock and a reaction in Consols have since produced a decline in the following—Peruvian Four-and-a-half per Cents, and Deferred, 3; Austrian, Belgian, Danish Five, and Spanish Three per Cents, Sardinian, and Venezuela, 1; Russian Four-and-a-half per Cents,
; Spanish Deferred, 6. Mexican rallied on Monday to 251 1, but have since receded /. The decline in Spanish has been partly connected with the change of Ministry at Madrid. Railways, under the influence of purchases by the public, were tolerably well supported till Wednesday, when a decline took place. Further depres- sion prevailed yesterday, from increased gloom in other markets ; and at the close the decrease in some of the principal lines compared with last Saturday was to the following extent—Caledonian, and Oxford, Worcester, and Wol- verhampton, 51., Edinburgh and Glasgow, Great Northern, and Lancashire and Yorkshire, 41.; York and North Midland, 3/. 108.; Midland, 31. 5s.; East Lancashire, London and South-western, Norfolk, and York, Newcastle, and Berwick, 3/. ; London and North-western, 2/. 158. ; South-eastern, 2/. 10s.; Great Western, and North British, 2/. ; Chester and Holyhead, London, Brighton, and South Coast, and Scottish Midland, 1/. ; Shrewsbury and Birmingham have improved 3/. In Foreign Shares, Paris and Stras- bourg have risen 1/. 58. ; Rouen and Havre, and Western of France, 10s. ; and Grand Junction of France, 5s. Northern of France, Paris and Lyons, and Sambre and Meuse, have fallen 10s. Today a slight rally has occurred in English and Foreign Shares.
SATURDAY. TWELVE O'CLOCK.
The English Funds are extremely heavy this morning; and Consols, which after official hours yesterday fell to 94, have already declined 1, being now 93k k for Money and 931 1 for Account. The bullion return by the Bank of England shows a decrease of 338,954/. compared with last week. The final close of the Corn-market yesterday was from Is. to 28. higher than on Monday. Foreign Stocks are very flat: Peruvian Four-and-a-half per Cents, and Russian Five per Cents, arc 1, and Mexican and Portuguese 1 lower. Railways are lower : the bargains have been in the following—Great Western, 79; Lancashire and Yorkshire, 64; London and North-western, 100; Midland, 57.
3 Cent Consols
Danish 3 per Cents
34 6
per Ditto for Account
99331 1
Dutch 21 per Cents 63 4 $ per Cent Reduced shut Ditto 4 per Cents 97 8 31 per Cents shut Mexican 3 per Cents 244 Long Annuities shut Peruvian 41 per Cents 70 2 Bank Stock shut Ditto Deferred 3 per Cents .. 50 2
Exchequer Bills
India Stock Austrian 5 per Cents
12 7 dis.
245 50 96 8 Portuguese 4 per Cents Russian 5 per Cents Ditto 41 per Cents
421 21
112 14 98 100 Brazilian 5 per Cents 100 2 Spanish 3 per Cents 45 6 Belgian 41 per Cents 98 100 Ditto Deferred
211 21
Chilian 6 per Cents 102 5 Sardinian 5 per Cents 91 3 Danish 5 per Cents 103 5 Swedish 4 per Cents 93 6