MONEY MARKET.
591 GO 94 5 Mexican 5 per Cents Ditto Deferred 161 I 301 Portuguese New 5 p. Cts. 1841 58 60 Ditto 4 per Cents 1845 Prem. 58 60 Russian 5 per Cents .cx div 113 15 Spanish (Active) 5 per Cents 28 1
Ditto 3 per Cents 1842 381
may be seen by the following record of
FOREIGN RAILWAYS.
STOCK EXCIIANGE, FRIDAY AFTERNOON.
A decided change for the worse has occurred in the Money-market; and, as an indication of the alteration, we have to notice a decline of 1 per cent in the prices of the Government Securities. This alteration is, we believe, mainly owing to the necessity of providing for the payment of the deposits upon the Railway schemes, intended to be pushed in the next session of Parliament. An attempt, it will be remembered, was ineffectually made by some of the monied interest to induce the receipt of the deposits in Stock or Exchequer Bills instead of money; but it was found on perusal of the act that its provisions are imperative, and nothing but hard cash can be received. The Speaker of the House of Commons, with a view to relieve the pressure which the simultaneous payment of the large sums re- quired would occasion, issued an order, in compliance with which the requisite payments may be made by instalments, but all must be completed by the pe- riod originally fixed. Several of the Companies doting the past year in- vested nearly .all their deposits in Exchequer Bills and Government
curities, expecting that a modification of the law would take place; and as that expectation has been disappointed, the Stock and other securities are now bronght to market in order to provide means. Under these circumstances, the prices of
the Government Funds have declined to the extent already mentioned; while the premium of Exchequer Bills has fallen 15s., viz. from Ns. to 15s. An upward
impulse was communicated to the market today, by the settlement of the Gomel Account; which obliged the speculators for the fall to close their accounts, or otherwise to provide Stock to complete their bargains. The closing quotations
today are therefore about per cent above those of yesterday. The gloom of the market has been increased by the prevalence of rumours of Ministerial embarrass- ment, and the occurrence of a speculative sale by a broker who is supposed to act for principals possessing good Treasury information. Money, although easily ob- - tained upon the security of English Stock, is becoming scarce in the Foreign Stock and Share-market; and there was a much greater demand for it yesterday, the Stock and Share settling-day, than there had been for some time. The Foreign Bonds are without any material variation from our last prices. Spanish Stock (Three per Cent) has fluctuated to seine extent; and after being
in demand, is today about if per cent below recent quotations, in consequence of a decline in Madrid. There has been a trifling demand for Portuguese Bonds, and generally for the better class of Foreign Stock; but no important operations have occurred, and no fluctuation in value requiring particular notice.
No very material change has occurred in the Railway Shares. The general tendency, as for the last two weeks, has been downward. The near approach of
the Parliamentary session is attracting attention to some of the recently-neglected Scrip; but the improvement in this description has not been general. The French Shares have declined; a forced sale of 1,000 Constituted Lyons and 500 Northern of France having depressed them. The transactions in this class have been unimportant; and prices, though lower, have not materially changed.
SATURDAY, TWELVE O'CLOCK.
The transactions in the English Funds have as yet been unimportant; the at- tention of the brokers and jobbers being directed to the arrangement of the dif- ferences arising out of the Consol Account, which are unusually large. Prices are the same as yesterday. But little business has occurred in the Foreign Funds; which, with the exception of Spanish Bonds, are unchanged. The only transact- ions we can notice in ,the Railway Shares are the following: Eastern Counties, 22*; Ditto, New, 74 }; Brighton, 674 4; Croydon, 22k; North Kent, 21; Ports- mouth (Direct), 54; Great Western of Bengal, 4; Paris and Lyons (Lafittes), Ditto, ditto (Sud Est), 2*. SATURDAY, Two O'CLOCK.
The English Funds have experienced a decline: Consols for Money have been as low as 934, while for Account the price has fallen to 944. This fall is at- tributed chiefly to the sales of Stock made in order to provide the Railway de- Fells. The pressure is entirely for Money; as will be seen by the differente between the quotation for present delivery and for Account, which has increased per cent since yesterday : the closing prices are 93/ 4 for Money, and 944 p for Ac- count. The premium of Exchequer Bills has fallen to 10, being a decline of 6 on the day's business. No material change has occurred in Foreign Stocks.
3 per Cent Consols..... 931 Columbian ex Venezuela • . 171 Danish 3 per Cents Dutch 21 per Cents Ditto 4 per Cents Ditto for Account 3 per Cent Reduced n per Cents Long Annuities Bank Stock..
Exchequer Bills Prem.
India Stock Brazilian 5 per Cents Belgian 41 per Cents Chillan 6 per Cents
041
941 1 97/ 1 10 7-16 1 204 6 10 12 253 5 81 3 97 9 48 too
The Railway Shares are all lower; as business transacted since the morning.
Share.
Average Eastern Counties 25 Eastern Counties, New 100 Great North of England 100 Great Western Stock London and Birmingham Average London and Blackwell London and Blackwell, New 50 London and Brighton Average London and Croydon Average London and South-western 50 London and York Stock Midland 50 North Kent and Dover Direct 50 Portsmouth Direct 20 Boulogne and Amiens 20 Dutch-Rbeulsh 20 Luxembourg 20 Parts and Lyons (Laffitte's) 20 Paris and Lyons (Ganneron's) 20 Sambre an Meuse
Paid. Busincas clone.
14 16
221' 1
4 16 7A I # 100 i 80 165 100 220 16.13.4 81 11 31
50 67f8
13.15.9 221 1
761
41.6.110
21
100 152 21 21 3 21 51 5 8 12 5 If 4 3j# 2 3 34 31 e bi