MONEY MARKET.
SATURDAY, Two o'Creen.
No Change or business of importance has occurred in the English Stock Market; the closing prices are consequently the same as in the morning. In the-Foreign Market, prices are generally lower; the business transacted has, however,. been unimportant, and confined to the following bargains—Danish Three per Cents, 77 ; Grenada ex coupon, l6t ; Mexican, 34 g 4 1; Ram- adan Deferred, 391 -39k 39 ; Russian Four-and-a-half per Cents, 991 II; Spanish Active, 19/ Venezuela Deferred, 12i ,t; Belgian Four-and-a- half 94i ; Dutch Four per Cent Certificates, 904.1. The Share Market is'heavy, and -almost every description of Shares is 4ower.than, eeterd Some considerable, business has occurred, but we cane
STOOK EEC/URGE, FRIDAY AFTERNOON.
The Bank Broker has sold Stock extensively on several occasions during the week. The prices of the English Funds were, however, well supported, until this morning; when, upon a reiteration of the sales, the price declined about per cent, the quotation of Consols having fallen to 964: the closing price is 961 97 ; the market may be thus said to close without any sign of reaction. We are Oct aware of any special circumstances which are-supposed to have influenced the Bank Directors, unless it has been a determination to act upon the circulation by reducing its armount, and thus render money dearer, at the mine time affecting the rates of Continental exchanges andstop- ping the efflux of precious metals. There was the usual speculation on Wed- nesday and yesterday as to an augmentation in the rate of discount; but no such augmentation has occurred. Money is more in demand in the Stock Es- chews than it has been, but in Lombard Street the rate of discount is from 2k'to 3 per cent. In the Foreign Market some large transactions have occurred in Mexican Stock, without leading to any material alteration in price. Nothing new has transpired upon the.stibiect of the two and a half millions of dollars to be paid' to the Bondholders-out of the Californian indemnity. Spanish -Block has continued steady, with but little business doing. An ineoftect report of the suppression of the -Saldanha -insurrection, promulgated on the authority of the French Embassy at -Madrid, produced an improvement in the price of Portuguese Bonds ; which advanced to 35, the point from which the fall began. Later accounts by the mail, however, still speak of the insurrection as subsisting, though not making progress ; and though the Stock is nominally lower today, there does not ap- pear much disposition among the holders to sell; and the closing quo- tation of this afternoon is 33} 34i. Peruvian Stock became worse at the commencement of the week, in consequence of the arrival at Liver- pool of a cargo of guano from Shark's Bay, Western Australia, where this commodity is said-to abound. It is said, however, that the Colonial sample is inferior to the Peruvian. The momentary alarm thus occasioned to the Bondholders appears to have subsided, and the price of the Stock has been reestablished. Russian Four-and-a-half per Cent was in good demand, and large purchases were made for the Paris market. Dunne' the last few days, a large quantity had been sent to that city from Holland: the demand here is consequently lessened, though the price is well supported. Dutch and the other European Stocks which have been heavy-are to day lower, in conse- 1 quence of the fall of Consols. The Railway Share Market was firm at the beginning of the week, but has since shown symptoms of weakness: a tendency to decline was observable yesterday, which has become more marked today since the decline of the English Funds. The more important varieties of shares have fallen from Ns. to 30s. per share, and those of minor magnitude from 53. to 15s. The transactions in French Shares have been unimportant ; but the prices are heavy in consequence of the weakness of the market in Paris.
SATURDAY TV/ELVIS O'CLOCK.
The opening price of Consols for Money. was 97 ; but as an influential sel- 1 ler has since made his appearance, the price has fallen to 96/, and is now 96/ In the Foreign Market, prices are generally lower in conse- quence of the heaviness of the French Funds in Paris yesterday. Hence there is a general disposition to sell most of the better class of Foreign Bonds, which are consequently to be had on rather lower terms than at the close of the market yesterday. The actual business has, however, as yet been confined to some transactions in Russian Four-and-a-half per Cents at 991 and 4. The Railway Shares are all lower ; the decline- of the English
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Funds, n.conjanction with the -near approach of the settling, being the causes of the depression. The following are the principal transactions— Eastern Counties, 7/.; Great Northern, 181; Great Western, 88; Lancashire and Yorkshire, 63 62a ; North-western, 1281 129 ; Midland, 624 ; North Staffordshire, 10i. not notice any signs of reaction at the close. The French Shares close at lower rates; a slight firmness was given to this market during the day by the occurrence of some purchases on French Account; but with the excep- tion of.Vierzon, which close at an advance of 10s. we cannot notice any ma- terial improvement upon the day's business. The following are the rinci- pal bargains occurring-Aberdeen, 15 f i ; Ambergate, Notts, and ton, 4 a 5 41; Bristol and Exeter, 81 80 ; Caledonian, 151 15 ; Chester and Holy- head, 23f I I ; Eastern Counties, 7j a / ; East Lancashire, 17f 17 ; Edin- burgh and Glasgow, 36 51; Great /Northern, 18j i a; Great Western, 88 71 81 n; Lancashire and 1 orkshire, 63 2i 3 ; London and Blackwell, 8e- 1; London and North-western, 128/ 9; London and South-western, 89; Mid- land, 63 2/ 628; Ditto Consolidated Preference, 22 la 22/ 22; North Staf- fordshire, 10 ; South-eastern and Dover, 271 / f ; .1. ork,_ Newcastle, and Berwick, 21 I; Ditto Extension, 161 a ; Ditto G. N. E. Purchase or Pre- ference, n;York and North Midland, 27/ 61 7 ; Boulogne and Amiens, 9/ a ; Central of France, (Orleans and Vierzon,) 16 17 ; Namur and Liege, 71 8 ; Northern of France, 141 a / ; Orleans and Bordeaux, 3 4 ; Paris and Strasbourg, 10}; Rouen and Havre, 91 ; Tours and Nantes, 5 6 5a.
Danish 3 per Cents 76 8 Dutch 21 per Cents 59 Ditto 4 per Cents 89 Mexican 5 per Cents 1846 35 Peruvian 6 per Cents 83
Portuguese 4 per Cents 1842 33 4
Portuguese 5 per Cents 1824 76 8 Russian 5 per Cents 111 112
Active) 5 per Cents Spanish pe (A 99
Ditto 41 r Cents Ditto 3 per Cents 1842 391 Venezuela 32 33
Brazilian 5 per Cents 88 90
8 per Cent Consols 96 '
Ditto for Account 961 1
3 per Cent Reduced 96 1
3.1 per Cents 971 i
Long Annuities —
Bank Stock —
Exchequer Bills 53 56 pm.
India Stock —
Belgian 41 per Cents 93 5
Chilian 6 per Cents 102 104 Danish 5 per Cents 101 2