THE MONEY MARKET.
sToCK EXCHANGE, Fit /DAV E vEXING.—There has been very little business here this week; but prices are about three-quarters per cent. lower than they were at the
date of our last report, Consuls being than 815, and now 315 to A gem' deal of Stock, it seems, has found its way to Market, particularly of the New 31 per Cents. ; which, together with the fears of coining events abroad, is the cause of this depres- sion. Upon the whole, however, the public appear still to be buyers, not sellers of ' Stock, for present transfer ; the money and the account price of Consols being exactly the same, which would not otherwise be the case. As to the speculators, they seem still uncertain of the proper course to be pursued, and therefore pause in their operations. For ourselves, we abide by our opinion of last week, that the scarcity of Stock will undoubtedly cause prices ultimately to rise, unless something extremely untoward should occur.
Having insisted so much on this scarcity, it follows of course that Money is abun- dant in our Market. Upon some Stocks, indeed, it commands a small interest, but on Consols none.
In the Foreign 'Market, much the same sort of process is going on with respect to
the speculations in Russian and some other Stocks ; which having been mostly en- tered into for a fall, and the parties having sold more Stock than they were able to deliver, they have been obliged to borrow, and even pay premiums for the loan of it. Thus, to-day, 5 and even g per cent, was paid for the loan of Russian Bonds for only a fortnight. Russian is now at about 92k; Danish 59f or GO; Brazilian 55 to 55f. The South American Bonds are wholly neglected. Spanish have been also dull, and lower in price, but are now slightly improved, say 165.
In Shares there is nothing doing worth reporting.
SATURDAY, HALF-PAST TweLve.—Consols opened at 805 to #, and are now a trifle higher, viz., I to *, but there is no business doing in either house.
Bank Stock .... 203 Buenos Ayres... — Spanish.. 165 3 per Cent. Red. 815 # Chilian — Ditto, New 35 5 Danish...... ..595 595 60 .— 3 per Cent. Cons. 80f 5 Colombian ..... 17 18 per Cent. New 895 Consols for Acct. 605 5 Greek....... 27 29 Bolanos Long Annuities 17 3.16 5 Mexican . 355 36 Brazilian . — Ex. Bills, 1000/. 33 32 Peruvian ....... 1411. 15 Columbian ...
IndIa Bond.... 13 15 Portuguese..... 42f 435 Anglo Mexican —
Brazilian 55 Russian........ 92 1 United Mexican — SHARES.
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