Constitutional Whig. [volume] (Richmond, Va.) 1824-1832, 1826-05-02
TIE LONDON MONEY MARKET.

FROM THE cIry.1
! he funds were shade higher, the commencement
OF business yesterday, than Mondav but very few
transactions tool! place, and the prices undeI,cent
scarcely any variation. Notwithstanding The continr
ahce oil the distress out Of doors does not appear that
any afge amount OF money stock is offered for sale
winch therefore continues scarce and without any dc
ference of price from that at which the BARGAINS for NO
! account are transacted.
1t is remarkable how extremely Slight the influence
OF late political events has proved on the yalue of
of the foreign securities. The death of tho Kim, f
Portugal has led to no variation in the price of Pou
guese stock nor did The intelligence received Yesterday
rom 5neno Ayres diminish the value of the bonds Of
That hePubtc, though it appears now TO be cn0aoed
past all hope of reconciliation I'D the war with Rrs
with the utmost uncertainty respecting the issue and
WIN no apparent means o! raising money for carving
on Soaruuous contest The explanation is, that the
long protTaced disasters of the money market had pre-
VIousy sunk their value low that few of the holders
can reconcile themselves to such sacrifice as would
be made by selling them now and they are therefore in
general held firmly with the determination of waliu
Tue issue Ii should, however, be added that a strono
OPINION prevails the political circles that the quarrel
beween Brazil aud BueDos-A yres will be speedily set
led by the intervention of Engand as il is understood
mat l4oTd PonSonby IS TO sail forthwith with full in
sruCtlons to do all that is possible for fine of
hosties, which can only be injurious TO both belliro
rents without any chance of benefit TO compensate the
inevitable mischefs of the contest
The journey of a gentleman to Paris who yy,s G
nery engaged in large loan transactions with tho ne
american States seems to have created belief in b
ClJ mat some negotiation OF similar kind was IN foot
but We understand that such arrangement is in con
temptation. Paris is, perhaps, the only city in Eurone
where al The present moment such Transaction could
be attempted, as the merchants there suffer from M de-
hciency ~ capitals but it is probable also that taltirr
alarm at the disasters in England they would reoure
such terms as no nation could find it worth while to Dor
row money upon.
We have been favored with the following giving iI,o
latest account OF the Liverpool Market.
LIVERPOOL, 23d March f825-eveninr
we noticed in our last, revival in the demand for
produce generally bat regret 10 say that this demand
has now subsidized, and that we have again dull mar
ket Several commercial failures have occurred in diff
ierent parts OF thc country, but Of small amount and
on the whole confidence seems 20 be rather Canine,
ground Cotton is seriously affected By the dun staff
OF trade III Manchester, and for the last few DAYS Two
Rave bad very limited demand at decline of H. nor
TO- he irst change Of wind must bring in heavv
ply which we apPrehend may still further deprcss tho
marie Rice from IFS scarcity, maintains former prces
Some small sales Of New York Flaxseed have been
made at 5js. The large public sale of Virginia To
bacco on the goth and 2lst inst. went very boaviIr
and at decline Of ! "a for leaf, and 81 on stemmed
our quotations tor other articles may be considered as
almost nominal.
CoTroT-Upan a I'D; Orleans Gs a 81. Alabama
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