The Express.
London, England, 1847-07-09 00:00:00

MONEY MARKET.

THURSDAY ETZNING.
The payment of dividends having commenced,
money became easier this afternoon, so far as the
stock exchange, and will probably become so shortly
in the discount market, unless the French loan should
make its appearance. If one-third part only of the 300
millions of frame, for which it le conjectured the
government may ask a vote of credit from the
chambers, should be brought forward in the shape of
a loan, some derangement of money values could
hardly fail to ensue. From the intimate relations of
llcapitalists with each other, more especially as
respects Paris and London, there can be little
doubt of a combination between them in the event of
a loan contract by which a certain proportion of
the funds would be subscribed, and therefore sup-
plied, from hence. This would be in the natural
I order of things, and no more in fact than a fair mea-
sure of reciprocity for the assistance understood to
have been afforded by some of the Paris capitalists
in the instance of the eight millions loan contracted
here, in which they were said to have entered for a
certain amount of interest. The abstraction of any
considerable proportion of capital from hence in such
case might, apart from other inconveniences, such as
rendering accommodation less easy, result in aggra-
vating rates of exchange already with an unfavour-
able tendency. The report was strong to-day, and
the intelligence said to have been received from Paris
by pigeon express, that the project of law for raising
a loan, and for obtaining the necessary authority to
that end, was to be brought before the Chamber of
Deputies this day by the French government.
The knowledge or suspicion of the fact, or at least
of the probability of some financial operation of the
kind being close at hand, contributed to the heavi-
ness of the stock market during the greater part of
the day. Consols were done as low as 881 for money,
and 881 for account, but with few transastions at
those rates, or at a fraction higher. Prices appa-
ready were on the descent still lower, when the I
Chancery broker entered the house and purchased tothe
extent of about 200,0001. for the Accountant-General
of that court for Tuesday next, for which he is under-
stood to have paid 881. Upon this operation
the market became rather better, but prices improved
only to 88/ to„ for money and the opening, and
so left off. Quotations were made for the August
account at 89 to k. Reduced Threes, 89 to 1 ; Three-
and-a-Quarter per Cents., 91 to 1; Long Annuities,
9 1-16 tot ; Consols Scrip ato / prem. Exchequer
Bills, 10a. to 13s. prem. ' • Bank Stock, 196 to 7.
There was no particular movement to report in
foreign stocks. The rise which took place yesterday
is Spanish was not supported to the extent. The
Fives were called 21 to 1 only, the Threes, 33 to 1 ;
Portuguese, 30 to 2. Dutch Two-and-a-Half per
Cents., 671 to I ; the Fours, 891 to AO ; Mexican, 19
to /. A remarkable absence of dealings continues to
characterise the foreign market.
asousu primp.

Bask Slack, IPS '—....--
Kolb eta 54,1173
3 par CI- Mt. um.. IS 174 Dina, Km Mash les 113
3 per Cs Camels 6•34, Set 11 Oissaal•fisr sees. 114 I 1
3 pee Cent. &amities 173 a. 3 pee OS Ciassols Bedp. 11 P.
No* le pin Ct. Mas.,lll 1103 11 1 lits. BOY, AIMS, IL, II 13 p.
L(. Am ,tap. Jaa. 11, MO, PS 1-111 Noe MOO, 13 p .
D0.,D0 yrs, Jas. 3, HMO, se
____ DIM. &YU, II 30 p.

fp per Celt PW. Beale, iii
I per CC Mesiess,Aper., July 11, 114
4 per Ct. Permesere Aseet..3l4
per Ct. Sink D4a.,41r. tram Nov.
11140, fliw

I par Rsp.U.. Aeet. July 11,211
Do. INT . tram May, 1/417. 12+
3 par CL Spud& 11d .221
Do. A.COnlit. 1..1y 12.221
per R,13 gall.. 471

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