The Liverpool Standard and General Commercial Advertiser.
Liverpool, Merseyside, England, 1847-10-26 00:00:00

MONEY MARKET.

WEDNESDAY.—The English funds have been much
more steady to-day, and have again closed at a slight ad-
vance upon the opening prices. The first quotation of
Consols for money was 79; to I, but some large sales
soon forced them down to 794-. After this, however, it
became evident that the public were buying largely, and
a gradual and steady advance took place, in consequence,
until the price reached 80, from which there was not
much alteration up to the close of business, when it was
791 to 80. For the account the range of Consols in the
morning was from 804- down to 791, after which they ral-
lied to 801, leaving off at 802- to 2'. Bank Stock was 180
to 182 ; Reduced Three per Cents., 781 ; Three-and -a-
Quarter per Cents., 791 to 80 ; India Stock, 222 to 22-5 ;
Long Annuities, 8 to 8 1-16; India Bonds, 455. to 355.
dis. ; and Exchequer-bills, 30s. to 255. dis. In the Stock
Exchange money from day to day is still to be had at 6
per cent.—We are glad to state that Messrs. John Shewell
and Co., the Stock Exchange firm who suspended on !the
30th ult., have to-day resumed business, after paying all
their differences in full.—The market for foreign secu-
rities was slightly firmer this afternoon, though there was
only a small amount of business transacted.
THURSDAY.—The condition of the English funds du-
ring the early part of the day was one of steady improve-
ment, but the close of the market shews a heavy
depression. The first price of Consols for money was
80 to 4., whence, after a slight decline, they rapidly ad-
vanced, under the influence of continued purchases on
the part of the public, to 80g. At this period two very
considerable sales of tock for delivery on Monday took
place, and the consequence was a sudden re-action to 79k,
at which price they closed buyers. For the account, they
opened at 801 to 1, advanced to 811, and closed at 801 to
I ; Bank Stock left off 180 to 182 ; Reduced Three per
Cents, 781; Three-and-a-Quarter per Cents., 791 to / ;
Long Annuities, 8 to II; India Stock, 222 to 227; India
Bonds, 50s. to 30s. ; and Exchequer-bills, 30s. to 255.
There was not much business done in foreign securities,
which, however, in son.e_ few cases Were quoted rather
firmer.

FRIDAY.—There has been a very feverish market for
Consols this morning. The opening price for account was
791 80, from which they advanced to 801, and have again
declined to 80i, which is the present quotation. There
have been again some considerable sales of money stock,
which was the cause of the downward reaction. The
price for money has varied from 791 to 80/, the Three per
Cents. Reduced 781 to 1, and the Three-and-a-Quarter
per Cents. 791805. Bank Stock 180 21. Exchequer Bills
continue as much depressed as ever, the discount being
275. 335., and on India Bonds 40s. Foreign Securities are
much the same as they were yesterday. Brazil small 74/,
Danish 79, Mexican 171, Portuguese Four per Cents. 20,
Spanish Five per Cents. 17, the Three per Cents. 274 1,
Passive 3/, Dutch Two-and-a-Half per Cents. 54 3,
Venezuela Deferred 81.
SATURDAY EVENING.—Under the influence of better
accounts from Liverpool, together with the announcement
of the shipment at New York of 240,000 sovereigns for
this country, the English Funds opened with considerable
firmness at an advance of a quarter per cent. on the
closing prices of yesterday, the first quotation of Consols
being 791 to 80 for money, and 804 to -11 for the account.
Early in the morninc, it transpired that a deputation, con-
sisting of Mr. Masterman, Mr. A. Smith, Mr. Glyn, Mr.
Bevan, Mr. Barnett, and others, had proceeded to Downing-
street, to represent the present state of things to Government,
and to induce them to grant "relief" by a suspension of the
Bank Charter Act, and it having afterwards been intimated
that the Premier had consented to lay their representations
before the Cabinet Council then about to meet, and to
give his reply to the deputation on Monday, speculative
purchases were immediately entered into, and Consols
for the account rose to 801, at which price they closed.
For money the last price was 791 to 80/. Bank Stock
left off 181 to 183 ; Reduced Three per Cents, 781 ;
Three and a Quarter per Cents, 80 to 1 ; Long An-
nuities, 8/ ; India Stock, 222 to 227 ; India Bonds,
50s. to 40s. dis. ; and Exchequer-bills (which were sold
in the morning at 375.), 355. to 30s. dis. Many sales of
Reduced,Three-and-a-Quarter per Cents.,and Exchequer
Bills, were made, which caused money to be in much
request, and the rate from day to day was consequently as
high as 10 per cent. In the foreign stock market to-day
the transactions were of the usual unimportant character.
Mexican was rather flat, owing to the tenour of the news
from America. The last bargains in these securities were
at 171 for money and the account. The other transac-
tions were—Portuguese Four per Cents., at 20; ; Belgian
Four-and-a-Half per Cents., at 89; Dutch Two-and-a-
Half per Cents., at 53; and the Four per Cent. Certifi-
cates, at 81.

DECLINE IN TIIE FUNDS.—T 1
ment of the prices at the settlemi
compared with that on the 14th i
ations that have occurred, and i
in value of the several stocks :

'he annexed tabular state-
lent of account in August,
instant, shows the fluctu-
indicate the depreciation

Account
Aug. 26.

Account
Oct. 14.

De- 1
crease.

NEW LINE OF PACKETS
For NEW YORK.

To sail on the 6th of every Month

QUEEN OF THE WEST,P-Woon OUSE 1250 tons.. 6th Nov
CONSTITUTION(new ship),J.BRITToN 1500 tons.. 6th Dec.
HOTTINGUER, 1. BURSLEY 1100 tons.. 6th Jan.
LIVERPOOL, J. ELDRIDGE llOO tons.. 6th Feb.

Goods received until Midni ht e 4th of each Month
Freight at the usual scale o es.

These substantial, fast ing, first class ships, all built in the
city of New York; ar ommanded by men of experience and
ability. Their cabi s are elegant and commodious, and are
furnished with whatever can conduce to the ease and comfort
of passengers. The rate of Cabin Passage is TWENTY-FIVE
POUNDS, for which all stores are provided, except wines and
Spirits ; these, if required, may be procured from the Steward.
FIELDEN BROTHERS and Co.
'Freight payable In New York at the rate of 4 dollars 80 cents
to the pound sterling.

DROGHEDA STEAM-PACKET COMPANY.
ST. PATRICK, Captain P. HEANY,
BRIAN BOIROIMHE, Captain REYNOLDS,
FAUGH-A-BALLAGH, Captain WHITE,
(new iron Steam Ships,)
IRISHMAN, Captain To x ER, and
FAIR TRADER, Capt. OWENS.
The above splendid first-class Steamers sail regularly between
LIVERPOOL AND DROGHEDA,

with or without Pilots, and liberty to tow' vessels :
THIS DAY, Oct. 26, at 10 o'clock Night.
WEDNESDAY, ~ 27, 10 ~ Night.
THURSDAY, ~ 28, 12 „ Noon.
SATURDAY, ~ 30, 1 „ Afternoon.
A Steamer sails from DRO DA for LIVERPOOL, on
MONDAYS, TUESDAYS, WE SDAYS, THURSDAYS, FRIDAYS,
and SATURDAYS.
!Ave Stock to be of ,t e Quay of Drogheda three hours before

sailing.
Goods receive daily at the Clarence Dock, and forwarded to
Drogheda per first vessel. Freights moderate.
CABIN FARE, (including Steward's Fee,) 10s. ; DECK, ss.
For further particulars apply to
PATRICK TERNAN,
35, Water-street, and Clarence Dock, Liverpool.