The Liverpool Standard and General Commercial Advertiser.
Liverpool, Merseyside, England, 1840-11-20 00:00:00

JOURNAL OF THE MONEY MARKET

MONDAY EVENING.—In the English stock-market there
has been a considerable scarcity of money to-day, and all
the dealers were in want of it. The decline in the French
funds had no perceptible effect upon prices here, but the
lower quotations of Consols are attributed to a large sale of
money stock. There was also a considerable sale of Long
Annuities made in the course of the day. Consols, which
for money and the account opened at 89k to 1, were finally
qnoted at 89 to *. Bank and India Stocks are firmer. The
former is quoted at 159 to 160, and the latter 239 to 240.
Exchequer-bills leave off Is. discount to ls. premium.
The scarcity of money was not so much felt in the foreign
house, although this was the settling-day. Notwithstanding
the great quantity of business transacted through the whole
of the account, the settlement was not marked by any parti-
cular feature. The declaration of the payment of the divi-
dend due on Chili stock has given an impulse to business in
the securities of the other Transatlantic states, and Colom-
bian and Mexican have advanced. Colombian shut at 26 to
; Mexican, 29k to 1. In the latter part of the day the Pe-
ninsula stocks were firmer. Spanish were last marked 23k
to ; Portuguese Five per Cents., 36 to ; Ditto Three per
Cents., 22k to 23k. Dutch stock was quoted rather lower :
the Two-and-a-Half per Cents. at 501 to 11 ; Ditto Five per
Cents., 97i to 8. Belgian, 98 to 100. Brazilian, 74 to 75.
i Railway shares are; generally speaking, marked at a de-

dine. Birmingham, 74 to 70. premium ; Blackwall, 4f to f
discount; Great Western, 17 to 18 premium; and South-
ampton, 52 to 53 per share.

TUESDAY EVENlNG.—Although considerable exertions
are making to bolster up the Funds, it would seem to be a
matter of extreme difficulty even to keep them at existing
quotations. Consols were 891- sellers at the close of the
market to-day, and with a heavy appearance. Bank Stock
159 to 160. India Stock 239 to 240. Exchequer Bills 2s.
discount to par.
Some of the Foreign Securities show a little improvement
in the quotations. In Dutch Stocks it may be ascribed to a
natural re-action upon the late decline, as the interchange in
stock transactions is so speedy, and the traffic so regular,
between Amsterdam and this city, that a difference between
the two of 1-16 constitutes a profit for transmission of the
bonds to whichever of the markets is most favourable for
the operation. The Two-and-a-Half per Cents. improved
slightly to-day to 51 to I' • the Five per Cents. were 974 to
8. Belgian 98 to 100. Spanish Active, strange to say, ad-
vanced, the closing prices being, with the May Coupons,
24/ to 4; but the transactions in this and Portuguese Stocks
are of such trifling consideration, that a bargain of one or
two thousand nominal pounds worth of bonds will raise the
price I per cent. in these times, when the jobbers and public
are so well aware of the trickery going forward. Portuguese
Two-and-a-Half per Cents. that are to be (still called Fives)
left off at 364 to 4, the One-and-a-Half per Cents. (Threes
so called) 23 to 1. Colombian remain 26 to 4. Mexican
294 to 30. Brazilian 74 to 5.
London and Birmingham Railways were 73 to 5, Great
Western 17 to 18, the Half Shares 7to 4 premium. South
Western 52 to 3 per share. Gosport 3to 4 premium. North
Midland Old Shares 29 to 7, the New 4 to 3, Eastern Coun-
ties 15 to 14, Blackwalll4 to I, Brighton 13/ to 12/ disct.
WEDNESDAY EvEsz IN G.—Although money has been much
easier to-day in the stock market, where indeed no difficulty
may be said to exist in raising it on fair terms upon regular
securities, that is at from 2 to 4 per cent on exchequer bills,
yet the funds continue to decline. Consols fell to 88/ to 9
.for money and account. Bank stock was 159 to 160. India
stock 239 to 40. Exchequer bills 2s. discount to par.
Th
e foreignbondsmarketleast accredited were generally was dull, and the prices of
some naturally ma-
terially depressed. Spanish active with the coupons fell
to 231 to 4. Portuguese two-and-a-half per cents. (still
called fives, altuongh so reduced to 24) to 354 to 6, the
one-and-a-half per cents. (still called threes) to 224 to 3.
Dutch two-and-a-half per cents. were 504 to 1, the five per
cents. 974 to 8. Belgian 98 to 100. Brazilian 74 to 5. Mex-
ican 294 to 30. Colombian 254 to 6.
Railway shares also Were affected by the general tone of the
stock market. London and Birmingham declined in 72 to
4, Great Western to 16 to 17, the half shares to 64 to 7 pre-
mium. South Western were 52 to 3 per share. Gosport 24
to 34 premium. Eastern counties 25i to 144. Blackwall
44 to Brighton 134 to discount.