THE MONEY MARKET.
STOCK EXCHANGE, FRIDAY EvExixo.—Although we have h ad no very exten- sivetransactions this week, we have nevertheless had some fluctuations of mo- ment. On Saturday last, the value of Consols was 92* to I, and on Wednes- day only 911, 4; yesterday the price recovered to 92, fell to 91i, and reco- vered again to 92*; and to-day it has been successively 92, 92f, and 92i, the last being the closing price. The Market at its close wore a firm appearance, but its aspect has been extremely changeable of late. The speculators for a rise are particularly sensitive to every wind that blows from Paris ; they are sot over confident either in financial affairs at home. Their brethren on the opposite tack, the speculators for a fall, have been much emboldened of late by success, and are ever ready to avail themselves of passing circumstances. Prices, however, are supported by the abundance of money; and so long as that abundance shall continue, no very great decline seems probable.- The Heavy Stocks are firm; and New 4 per cents. still remain at about 103. Exchequer Bills and India Bonds have not changed from their very high prices. India Stock is about 238, and has varied very little this week. The Budget is looked forward to with considerable interest, chiefly as it will most probably deter- mine the question of the conversion of the 4 per cents, for this year, and con- siderable business is expected to follow. In the Foreign Market, the business of the week has been important, and we have had serious fluctuations—for example, a rise in Brazil Stock of 3 per cent., and in Spanish, of l per cent. ; and a fall in Colombian of 4 per cent. and in Greek of 7 per cent. To account for the rise in Brazil Bonds upon any rational principle is be- yond our skill. The fall in Greek Bonds, although attributed to a paragraph in the Courier of Tuesday evening, is only the natural and inevitable conse- quence of the previous absurd rise. The fall in Colombian Bonds is justly supposed the effect of the news from Colombia, of a separation of its pro- vinces. The market for Spanish Bonds has so long been very firm, that there must surely be something in the wind. There has been some variation in the prices of the different Mining Shares, but they are mostly maintained at the late rise.
Russian Stock has been done at 1091 ex dividend, which is equal to 112 of the quotations of February. Who, after this, shall presume to speak of the follies of 1825.
SATURDAY, HALF-PAST TWELVE.—There have been some large sales of Consols, and the price is now only 9173. to 92. In the Foreign Market Brazil is lower. Greek has been done at 42, but is now a shade better, say 421. It is settling-day in Shares, but there is nothing to remark.
Bank Stock, Colombian, 20 1 3 per Cent. Reduced Ditto, 1024,6 per Cent. 3 per Cent. Consols, 921 91+ Danish, 3 per Cent. 75 1 31 per Cent. 1818, French 5 per Cents. 3/ per Cent. Reduced, Ditto 3 per Cents. New 4 per Cents. 1822, 103 1021 Greek 5 per Cent. 421 43 4 per Cents. 1826, Mexican, 6 per Cent. 27+ 28 Long Annuities, (which expire 5th Jan. Neapolitan, 5 per Cent.
1860) Peruvian, G per Cent. 181 191
India Stock, div. 226 per Cent. Portuguese, 5 per Cent. 59 60 Smith Sea Stock, div. 31 per Cent. Prussian,
India Bonds, (4 per Cent. until March, Russian, 109+ / 1829, thereafter 3per Cent.) Spanish, 141 1 . a Exchequer Bills, (interest lid. per cent. ' RHARES.
per diem,) 77 78 Anglo-Mexican, 37/. 10s. 381. 10s.
Consols lot Account 921 92 Brazilian, Imperial, 831. 851, FOREIGN FUNDS. Real del Monte. 51/. 531.
Austrian Bonds, 5 per cent. Bolanos, 470 480 Brazilian Bonds, 5 per cent. 711 1 Colombian, 71. 10s. Si. 10s. Buenos Ayres, 6 per Cent. 29 30 United Mexican. 20/. 15s. 211. 5s.
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