MONEY MARKET.
The transactions in the English Stock Market have been so few and unim- portant as scarcely to require notice. The trifling fluctuations which occurred were attributed to the reports which have prevailed of a change in the Admi- nistration. The arrival of the President's Message is anxiously looked for. Under favourable circumstances it might easily have reached London to-day : little doubt is entertained that this important document will make its appear- ance on Saturday or Monday next. The principal feature in the Foreign Market has been the continued improve- ment which has occurred in the value of the Spanish Securities. The demand for these Securities which recently occurred in the Markets of Paris and Am- sterdam, has continued with greater or less intensity since our last report; the rise in Paris on Tuesday last being to the extent of 2 per cent. The large sales of Stock which have been made here,' would under other circumstances have caused a considerable depression ; but these operations have been met and counteracted by very extensive purchases, both to supply the Foreign demand, and on the alleged account of an eminent capitalist. From the character of the operations last referred to, it is generally believed that some important change for the better is about to take place in the aspect of affairs in the Peninsula, either by the commencement of negociations for the withdrawal of Doe CARLOS from the contest, or a more positive execution of the conditions of the Quadruple Treaty by the French Government,—who nave long winked at noto- rious violations of that compact upon its frontiers, whence the Carlista have drawn largely equipments and munitions of all sorts. The Portuguese Securities are heavy, in the absare of sui Iscsiaxs emir sequence.
The other European Stocks remain unchanged. Brazilian Bonds have not been affected in any great degree by the intelli- gence of disturbances recently received from Rio Janeiro. The price at first underwent a trifling depression, but it has since recovered to nearly the former quotations. The Railway Shares have not fluctuated to any extent. The Danube and Mayne Shales are depressed, and have been for some (lays at 1 dis. A statement of the finances of the Mexican Remit)lie, presented by the Secretary for the department of the finances to the Geueral Congress on the 22(1 May last, is in circulation ; and it lamentably confirms the view we took of the prospects of the Bondholders, on a recent occasion. From this document it appears, that the deficit last year was upwards of 7,000,000 dollars. The following is the amount of Foreign Loans, and the interest due on them.
Loan contracted with Messrs. Herring. Barclay, Richardson, and Co., and B. A. Goldsclimidt and Co., of Loudon, at the rate of 5 per
cent. annual interest £3,200,000
Less. Bonds settled or balanced in account
1,069,500
2,130,500 Second Loan, at 6 per cent £3,200,000
Bonds settled or paid 49.100
3,150,900
Remaining due of original capital on three Bonds .£5,281,400
By the arrangement entered into with the Bondholders in 1830, the amount of Dividends then due was converted into a Deferred Stock, the interest upon which was to commence from the 1st January 1836. The amount of Stock thus created was upwards of 1,500,0001. ; and as the interest thereon will
amount is stated to be
„ Six half-yearly instalments of X73,894 15s Less. Funds in the hands of the Agents 21,642 10 7 DA on the half-year's Dividends A:421.725 19 5
Or Dollars 2,103.629 6 10
It will be observed that the date of this document diminishes its importance : it is only valuable as forming the sole account of the revenue of the Republic which has appeared for some time. More recent accounts, however, state, that a determination exists among the authorities to put aside that portion of the duties received at Vera Cruz and Tampico (viz. one-third) for the payment of the Dividends due on the Foreign Debt : and it is to a belief in this intention that the operations to which we recently referred are supposed to have been owing. The price of the Bonds has improved this week about I per cent. SATURDAY. TWELVE O'CLOCK.
The business of the morning has been quite unimportant. Spanish Stock is lower, viz. asi i ; as are also Portuguese Bonds; but nothing has occurred in either of these Securities to call forth remark. The Railway Shares are at the following prices :— Birmingham 46 48 in Pa prem. Greenwich Blackwall North Midland 7 8 Brighton 2 3 Great Western 6 7
11 21 SATURDAY. FOUR O'CLOCK.
Our duty is confined to the quotation of the closing prices ; the afternoon having closed without any transaction of importance.
Dutch 2f per Cents 551
French 3 per Guts —
Greek, 1823.5 per Cents — Mexican 6 per Cents. 384 Portuguese 3 per Cents 534 56 Do. Regency 5 per Cent 834 t
Russian, 1322.5 per Cent —
Spanish. 1330 per Cent 1084 4 Ditto 1834 4S4 4
commence with the new year, that amount must be added to the Bond Debt of the Republic ; which will augment the capital to nearly 7,000,0001. Of the recent Dividends remaining unpaid since the 1st July 1832, the £443,338 10 0 3 rer Cent. Consols
Ditto for Account
New 34 per Cent. Annuities
shut 91 f t shut Bank Stock
21I1
12
Er7hever Bills
13 15
Omnium —
Belgian 5 Cents
per 991 1001
Brazilian o per Cents.
:7,314
84 Danish 3 per Cents..
764