The British Press; or, Morning Literary Advertiser.
London, England, 1820-07-17 00:00:00

-4.0.1vAe.u4-


PORkibif PRADE.
' The Comeeittee et the them if Wilt de the
sibject of Foreign Tretre..eres we understeell, di-
recting difir attptitti, WO* the facilities offered
bribe different divine** ip FA, South Auteriean
condoms; far extending the carninerce of this.
country, and several eferchents of eminehce cop.
elected with that pinion of the globe hairs already
been exantitionibiThere them. This comae is sup.
posed to be the_ suggestion of Ministers theesselves,
whe hairs faesit %Tensed from their indifference to the
question, by the disclosure of the project entertain.
ed by Fralic6, for placing r member of the House
of Bourbon at the head of an independent Mo•
narchy in that quarter, and which has Convinced
them that other powers are sensible of the benefits
that may arise from en early Offer of support, and
that those benefits, by continued supineness, may
be irretrievably lost to this country. Among the
various commercial reeource; offered by the South
American continent, the grossing intercourse be.
twerp die shines of the Pacific' and the East Indies
lies been pointed out. The traffic is extremely
!unite.' at present. but the prodections and con-
sumption of both countries are ascertained to be
so peculiarly suited to each other, that there can
be doubt of its exteusion....(Searlay Paper.)
THE :FUNDS. •
Money is so extremely abundant at the Stock
Exchange, that it hes been offered on loan, till the
settling day, which is Tuesday next, at the rate
of per cent. and has not in many instances
found employment. For longer periods a higher
rate is obtained, soil the cmittintstinn on the An-
glia account is nearly equiyaleast to 3 per cent.
Hence it is inferred that large sums have been
prepared by the leading speculators for a rise, in
order to take the stuck they have purchased
for the settlement, and which they are willing
to employ fur the few intervening days at a very
small profit, hut that the produce of the dividends
liss not hitherto been received an generally into
circulation es to justify the opinion that the
abundance of money will continue after the ac-
count day. The second payment on the Loan was
mode ou Friday, arid if the Bank. as is expected.
consent to pay up the remaining instalments,
a relief will thereby, be afforded to the money
market, beneficial, to a certain extent, to opera-
bons for a rise in stocks. Government have con.
t dto issue Exchequer bills largely during last
week, as they did in the week preceding, hut being
in demand for the payments on scrip, they have
unt declined in value. Yesterday they bore a pre-
mium of ss. Among the transactions of the last,
two days al the Stock Exchange has been a pur-
chase for Wednesday of nearly YOO,OOOl. in Consols
by the Government brokers. and which are sup-
posed to be a provision for the prises in that stock,
determined by the drawing of the lost lottery. The
circumstance is only curious as claiming, by the
delay of the purchase to the latest moment, that a
belief existed of a depression rather then en improve-
ment of stock. The Funds declined in a trifling
degree on Thursday. bat subsequently recovered,
and the market iu Consols closed- yesterday at 7iti
to for Tuesday, looking firm and steady..—(Sers.
day Paper.)