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 4, 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
794 to 80. For the account the range of Consols iii the
morning was from 804 down to 794, after which they ral-
lied to 80, leaving off at 804 to 4. Bank Stock was 18(1
to 182; Reduced Three per Cents., 784 ; Three-and-a-
Quarter per Cents., 794 to 80 ; India Stock, 222 to 225 •
Long Annuities, 8 to 8 1-16; India Bonds, 455. to 35s'.
d. ; 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 SOL At this period two very
considerable sales of stock for delivery on Monday took
place, and the consequence was a sudden re-action to 794,
at which price they closed buyers. For the account, they
opened at 801 to 4, advanced to 814, and closed at 804 to
; Bank Stock left off 180 to 182; Reduced Three per
Cents, 784; Three-and-a-Quarter per Cents., 794 to ;
Long Annuities, 8 to I ; 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
79180, from which they advanced to 80k, and have again
declined to 80k, 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 80k, the Three per
Cents. Reduced 781 to and the Three-and-a-Quarter
per Cents. 791 80k. 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 74k,
Danish 79, Mexican 17k, Portuguese Four per Cents. 20,
Spanish Five per Cents. 17, the Three per Cents. 271 I,
Passive 3k, Dutch Two-and-a-Half per Cents. 52k 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 79,1 to 80 for money, and 804- to 1 for the account.
Early in the morning it transpired that a deputation, con-
sisting of Mr. Masterman, Mr. A. Smith, Mr. Glyn, Mr.
Bevan, Mr. Barnett, and others, had proceeded to Dow ning -
street , torepresent the present stateofthings 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 80k, at which price they closed.
For money the last price was 79i to 80k. Bank Stock
left off 181 to 183; Reduced Three per Cents, 781;
Three and a Quarter per Cents, 80 to k ; Long An-
nuities, 8k ; 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,Threc-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 17k for money and the account. The other transac-
tions were—Portuguese Four per Cents., at 201-; Belgian
Four-and-a-Half per Cents., at 89;0ur
per Dutch c
ch
eTn
t. w o -and..aHalf per Cents., at 53; and the F
Certifi-
cates, at 81.

DECLINE IN THE FUNDS.—The annexed tabular state-
ment of the prices at the settlement of account in August,
compared with that on the 14th instant, shows the fluctu-
ations that have occurred, and indicate the depreciation
in value of the several stocks :

Stock. Account Account De-
Aug. 26. Oct. 14. crease,
Bank Stock l9Ol 178 181 ex. d. 18i
Three per Cent. Redu-
ced
Consols
Three-and-a-Quarter v.
Cents
India Stock 241 220 223 31
Exchequer Bilk

•
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% VI: POOL
l'A N DA RD

•

Cbina.

R. Fast filling up, cnd will be despatched immedica.ly.
4114+, For HONG KONG and WHAMPOA,
The Ship JOHN O'GAUNT,
•_irrt
_ JOHN M`DosAtn, Commander.
""-- For terms of freight or passage, having superior
poop accommodations, apply to Messrs. GLADSTONE and Co.,
or tO J. J. STARKEY.

Entst *ants.

For ANTIGUA,
The Ship ISAB E L,
t-- Captain Captain WILLIAM GRIFFITHS.
Apply to

C. W. and F. SHAND.

To sail on the PM November.
- For DEMERARA,
The Ship SANDBACH,
's WILLIAM BELLIS, Commander.
For terms of freight and passage apply to
SANDBACII, TIN NE, and Co.

To sail on the 28th instant.
For BARBADOS,
The Ship CHESHIRE,
J. B. KING, Master.

To sail on the Ist Norember.
For MADEIRA and BARBADOS,
The Barque IRLAM,
W. P. Monpuzw, Master.
For terms of freight or passage apply to
BARTON, IRLANI, and HIGGINSON.