MONEY MARKET,
STOCK EXCHANGE, FRIDAY APTRIINOOH.
The first week of the reassembling of Parliament, which from the clouded state of politics had been awaited with intense interest, has not produced any considerable change in the value of Government Securities : the variations in Consols have been frequent, but they have only ranged between 90k and 911. The Queen's Speech on Tuesday was construed as unfavourable totbemainte- 'lance of peace with Russia ; a construction the debates of that evening tended to confirm. The anticipation of the Speech caused theFunds to open on Tues- day lower; and its subsequent publication produced a similar decline, as- sisted by a report then in circulation of a naval engagement between the Rus- sian and combined fleets in the Black Sea. A slight rally afterwards occurred.. The public have been buying more freely this week : amongst them, several. proprietors of South Sea Stock have accepted the Company's offer, and have disposed of their property at 115 to transfer to Consols. Yesterday several in- vestments were made, including a purchase of about 350,000/. Reduced and Three-and-a-quarter per Cents on account of the South Sea Company. Stock is becoming scarce ; which, added to the existing operations for a fall on the probability of hostilities with Russia, have led to the supposition that an ac- tual declaration of war would cause only a decline of 11 per cent ; so much are events discounted. The subsequent value of the Funds would depend upon the intricacies or chances of prolongation. French Stocks have been fiat: an anxiety equal to our own for the substance of the Queen's Speech was manifested in Paris. Exchequer Bills continue in demand, and have ad- vanced to 12 15. The Bank of Berlin has increased the rate of discount on mortgages to 5k; for bills it is still 5 per cent. The rate of exchange in Paris is still falling, and shipments of gold to that country will now be re- quired. Today the accounts from Paris state that M. de Kisseleff has de- manded his passports; and that Count Orloff's proposals have not met with: approval in that city or our own. Notwithstanding which, Consols have improved ; and leave off at 91k I, after being k higher. Bank Stock has not altered ; India Stock is 3 lower this week. Foreign Stocks continue heavy, but the transactions during the week have been limited. The following have declined—Sardinian, 2; Austrian, and Venezuela, 1; Dutch Four per Cents, ; Spanish Deferred and Certificates, t. Mexican has improved 2, and Brazilian 1. Russian Stocks have been main- tained, although the terms of the ukase issued by the Emperor for an in- crease of paper money have been unfavourably received. Out of an aug- mentation of 30,000,000 roubles, or about 4.800,000/., authorized in 1841, 1,600,000/. is to be appropriated ; and an additional total is to be created of 40,000,000 roubles, or 6,400,0001., for the disposal of the Finance Minister ; against which, as in the ease of the previous issue, specie at the rate of one- sixth is to be deposited. The measure is considered likely to affect the trade and credit of the country ; and the rate of exchange at St. Petersburg has declined, owing to the intended depreciation of the currency, which may produce distrust equal to that now in existence in Vienna. Maican was done as high as 25 yesterday, owing to the news received by the Baltic of. the treaty, to receive from the United States 3,000,000/. within the next fifteen months, in instalments, for the Mecilla Valley and other territory. Railways have not undergone any extensive fluctuations. On Monday the settlement of the Account took place, and prices were rather dull ; and also on Tuesday ; after which, a slight rally occurred, which yesterday had rather increased. At the close, the difference in some of the principal Shares compared with last Saturday's was to the following extent. In- crease—Lancashire and Yorkshire, 1/. 5s. ; East Lancashire, Lancaster and Carlisle, and York, Newcastle, and Berwick, 11.; Chester and Holyhead, Great Northern, Oxford,- Worcester, and Wolverhampton, and York and North Midland, 108. ; Aberdeen. Great Western, London, Brighton, and South Coast, London and North-Western, and Midland, 58. Decrease—Nor- folk, 11.; Caledonian, 58. The decline in Foreign Shares has been—Paris and Orleans, and Paris and Rouen, 11.; Luxembourg, Paris and Lyons, and Paris and Strasbourg, 10s.; Northern of France, 7s. 6d. Namur and Liege has improved 58. Today a rise of 10s. to 30s. has occurred in the English lines in several cases. Foreign are also stronger ; both descriptions having been favourably influenced by Consols.
EIATIIRDAY, TWELVR O'CLOCK.
The English Funds have advanced 1 per cent this morning ; an eagerness amongst the recent operators for a fall to buy back being the chief cause. Consols are now 92 1 for Money and Account ; Exchequer Bills 12 15. The announcement of M. Brunnow's intended departure from London today has had no effect. The French Funds came nearly I better this morning. The bullion return by the Bank of England shows an increase of 126,948/. Fo- reign Stocks have not altered. Railways are rather higher ; the present bargains have been these—Caledonian, 53i ; Lancashire and Yorkshire, 64 ; York, Newcastle, and Berwick, 65k; York and North Midland, 47.
3 per Cent Consuls Ditto for Account 3 per Cent Reduced
si per Cents
92 4 99 1 924 j 934 i Danish $ per Cents Dutch 24 per Cents Ditto 4 per Cents Mexican 3 per Cents 80 2 604 14 91 2 241 5 Long A n nui ties 5 3-16 5-16 Peruvian 44 per Cents 65 8 Bank Stock 2154 164 Ditto 3 per Cents 46 9 Exchequer Bills 12 15 Portuguese 4 per Cents 37 9 India Stock 230 5 Russian 3 per Cents 106 8 Austrian 5 per Cents 82 5 Ditto 44 per Cents 89 91 Brazilian 5 per Cents 96 8 Spanish 3 per Cents 39 40 Belgian 41 per Cents 88 92 Ditto Deferred 181 191 Chilian 6 per Cents 99 102 Sardinian 5 per Cents 84 6 Danish 5 per Cents 99 101 Swedish 4 per Cents 85 90
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