MONEY MARKET.

STOCK. EXCHANGE, FRIDAY AFTERNOON.

Considerable sensation was excited yesterday in the City, by the fact of the Rent of the United States Bank in London, Mr. Jaunox, having applied to the Bank of England for assistance. It appears that this gentleman is exposed to temporary embarrassment, by the refusal of Messrs. HOPE of Amsterdam to make advances to him in the capacity of agent to the establishment be represents, of a nature similar to those required by the same establishment of Messrs. HOT.. 'manna of Paris, and to whose refusal, and the subsequent arrangement with Messrs. HoTHSCHILD, We last week adverted. The assistance required was to the extent of 800,000!.; and was afforded by the Bank of England, placing that amount of Three per Cent. Consols at the disposal of Mr. JAULION, upon receiving the collateral guarantee of some of the principal mercantile firms in London. The most remarkable 'part of this transaction is the manner in which the assistance huts been afforded. The Bank objects to increase the amount of their note circulation even to so small an extent as 300,0004 and therefore the loan is made in Stock.

The Consol market gave way per cent, yesterday afternoon, under the in- fluence of all sorts of rumours; but the real cause of the decline was the con- viction that 300,0001. Consols will soon be thrown upon it, as Mr. JACOON cannot pay his acceptances in Consols, and must consequently realize their market value as soon as possible. Thus it would seem, that the Bank gains littic by substituting stock for notes. The affairs of the Bank are attracting increased attention every day; and it has been the subject of remark in the City that bills bearing the indorseineut of an eminent house in Hamburg, in favour of the Chief Cashier of the Bank of England, have been paid by several merchants during the last few days. This circumstance is taken as a proof that the Bank of England have been compelled to seek in Hamburg for a supply of bullion, and that an arrangement of a nature similar to the one recently con- cluded with the Bank of France has been entered into with the house in question; only that, instead of drawing through the instrumentality of mercantile firms in London, upon Hamburg, (as has been done upon Paris,) the bills are re- mitted to the Bank from Hamburg, the result attained being in both cases the same, viz, a curtailment of the circulation of bank-notes to the extent of the value of the bills received by. the Bank, which is in reality equivalent to the augmentation of the Bank store by a similar amount of bullion. We have • already noticed the decline of Consols yesterday, when the price for Account was as low as 903. Au improvement of j had occurred at one time to-day; but the market has again given way and closes at 93 Exchequer 13014 which have till to-day been supported by the demand for them occasioned.by the necessity of the holders of the scrip of the recent funding being prepared to make the instalment of 20 per cent, due upon it to-day, have now that this demand has ceased fallen, and are at 2s. discount. In the Foreign Market, the scarcity of money has operated to check the speculations in Spanish, Portuguese, and the other Non-Dividend Stocks, to which the business of that department has been of late chiefly confined, and they are all lower than last week. Spanish Bonds, which have been 32k, are now 30h 31. Portuguese Stock has not fallen in the same degree, but may be quoted about 1 per cent, lower than last week. The Columbian and the other South American Securities are heavy. Brazilian has fluctuated between 75i and 77, and is at the lower price. Mexican Bonds have improved, and have been done at 29.

SATURDAY, TWELVE O'CLOCK.

The anticipation of the sale of the 300,000/. Three per Cent. Consols ad- vanced by the Bank to Mr. JAUDON, has produced a very unfavourable impres- sion upon the market, which is borne down by the pressure of Money Stock upon it, the difference in price between Stock for Money and for Account being a per cent., equivalent to an interest of more than 8 per cent, upon the money employed in holding the stuck. Exchequer Bills arc heavy, and have been done as low as 3s. discount. In the Foreign Market, the Eu- ropean Continental Stocks have declined per. cent. Brazilian and the other South American are without material alteration. Spanish Stock has experienced a considerable decline, having at one time been as low as 29., viz. 14 per ceat. lower than the closing price of last night; it has, however, rallied about ti per cent. Portuguese Funds are also heavier, but the decline has not exceeded from 1 to 11 per cent. The depression of both securities has been. occasioned by the difficulty experienced by the speculators in finding money, a rate of interest as high as 20 per cent, having been given to hold them over till next Account.

&Yummy, FOUR O'CLOCK. •

r

The Consol Market closes peiCe. nt. higher, the price for Money being 90Ip and that for Account 90a ; while the quotation for the 'end of November is 90:3 91. Exchequer Bills and India Bonds are both at a discount, the former being at 3 to 1 dis., and the latter at 2 dig, to par. In tbe Foreign Market there has been considerable pressure for money, and a sale of Dutch Colonial Five per Cents, was effected as low as 1001. This market has, however, ac- quired firmness, in consequence of the better appearance of the Consol market, and closes at 1011. Spanish Stock is also much firmer, the last price being 30 —1 per cent, above the lowest quotation of the day: The South American. and Portuguese are without material variation or business of importance.

3 per Cent. Consols Ditto for Accrunt It per Cent. Reduced.. 8D: 90 903 3 ' shut

New 3/ per Cent. Anna 971 4-

Bank Stock

l86 7

India Stock 247 9 Ditt.I Bonds 2s. ills. par E xel 'tallier Bills Os. Is. dis.

Belgian 5 per Cents. 1021 3

Brazilian 5 per Cents

Danish 3 per Cents

Dutch 21 per Cents 731 61

741 51 531 il

Portuguese Regency Spec Cts.

353 Ditto 3 per Cents 233 -I_ Russian (1922) 5 per Cent.... 111 112 Spanish (1833) 5 per Cent.... 291 f Deferred Stork

13/ 41

Paive Ditto

73 3