27 AUGUST 1836, Page 9

MONEY MARKET.

STOCK EXCHANGE, FRIDAY AFTERNOON.

The Money Market has evinced considera ble feebleness during the last fee days, although it has not received any supply of Stock. It was generally be- lieved that the Directors of the Bank of England would at their usual weekly court, held yesterday, have again increased the rate of discount to S per cent. ; but no notice of such a nature was promulgated. It is, however, confidently anticipated, that such a determination will be adopted very speedily. Yester- dry was the settling-day for the Canso! Account ; and it was only remarkable for the scarcity of Stock by which it was accompanied!; the continuation or premium paid by the speculators for carrying over their Stock till the October Account not exceeding 3 per cent., which is not above per cent. upon the capital employed. The premium upon Exchequer Bills is about 2s. lower ; for although money is plentiful in the Stock Exchange, it is in demand for conmiercial purposes. There seems also to be a feeling among capitalists, that before the end of the year money will be more wanted. The continued sale of Spanish Stock upon our Exchange on Foreign Account, by creating the neces- sity ot large remittances to the Continent, has a tendency to keep down the exchanges ; and until an improvement can take place, the Directors of the Bank of England will be anxious to limit their discounts, to prevent as much as possible the export of bullion. The books of the various Public Funds, the Dividends upon which will become due on the 10th of October, will close previous to the Dividend, and be again reopened on the following days—

SHUT.

OPEN.

Bank Stock September 1 October 13 Three per Cent. Reduced 1 „ 20

Three-and-a.half ditto 77 1 „ 20

Three.and-a-lialf ditto, 1818 ... „ 14

Loros Annuities Pt a )9 22 Annuities for Terms of Years ,, 6 f1 20 Old South Sea Annuities

io 9 st 19

Spanish Active Stock has been more in demand than usual ; and on Tuesday was 8.1, per cent. above our last quotations; but it has again receded, in conse- quence of the Foreign Markets not having partaken of the impulse given to our own.

• Por tuguese Stock had also at one period improved in a greater degree than Spanish ; but, like it, has also receded to our last quotations. It appears by the most recent accounts from Portugal, that in addition to the Ministerial weakness in the new Chambers, a strong Ultra-Liberal party exists, who are attached to the Constitution of 1820, and that the recent events in Spain may probably lead to similar proceedings in Portugal, where the establishment of an Ultra-Liberal Government would not be favourably regarded by the Bond- holders.

The European Continental Stocks are generally heavy, at lower prices, in consequence of the decline of Consols: but there does not seem to be any dis- position among the holders to sell. The Railway Shares continue steady, with scarcely any variation from our last prices. The transactions in them have been quite unimportant.

SATURDAY, TWELVE O'CLOCIE.

The intelligence of the change in the French Ministry has caused an im- provement in the price of Consols, as it is believed that all probability of French intervention in Spanish affairs is by this event completely at an end. Consols for Money have been as low as 90, but are now 905 91. The price for Account is a higher. The same cause that has given firmness to the Consols has depressed the Spanish Funds ; and Active Stock, which was yesterday at 303, has been to-day as low as 293, and is now 30. Deferred is 13t, and Passive 96- 4. Portuguese Securities are also about 1 per cent. below yesterday's prices. The European Continental and South American Stocks are unchanged ; and no variation of importance has occurred in the Railway

Shares. SATURDAY, Fog O'CLOCK.

We have scarcely any thing to remark upon this afternoon. We are without any foreign intelligence ; and, in the absence of any business of importance, the prices of most descriptions of Stock close as in the morning.

3 per Cent. Consols 90,1 91

Danish 3 per Cents.

764. 77

Ditto for Account

91 e Dutch 21 per Cents

55*

Zper Cent. Reduced

9044

Mexican 6 per Cents

27 28 New 34 per Cent Anna

991 100

Portuguese Regency 5 p. Cts. 691 704

India Stuck 2114 Ditto 3 per Cent. 434 Bank Stock

Ditto 5 per Cents 1836 Scrip. 8 6 dis.

Exchequer Bills 6 8 pm. Prussian (1818)5 per Cent .. — Belgian 5 per Cents 1034 Russian (1822) 5 per Cent .. 1114 112 Brazilian 5 per Cents 86 87 Spanish (1835)5 per Cent... 294 304