The New York herald., 1863-05-05
Com merciai Intelligence
THE LONDON MONEY NARKET.

From the Manchester Guardian (csy srtise) Apru al
The tendency VI all the markets has been heavy sody,
but temporary advance Of per cent took paoe In co..
sols consequence OF purchase OF about f350 900
1900 900 by the brokers TO tho Bank Of England Ths
rst price o2T 90, and after having touched e8x,
they receded 20 their first qreation. IL believed lkal
the purchpaes for the bank towards the purpose
reinvesng the amount Of 81 900 900, which will b.
ceived by that Establishment next month from the pay-
Ing on OF exchequor bonds which they hold, and whioA
lower to-day, and exchequer bills show advanoo
Of Ii.
The discount market without alteration, and few -
pcations likely 10 be made at the bank Thurs-
day next When the rate considered certain 10 be
duccd To three aud half per. cent II 10 surmssl
the posponemen reduction last wcek partly
connected with the contemplated stock operations
qu tile ng of Of the Excheaucr bonds Is Il would
have been bad policy in the interval 10 adopt
that would tend to stimulate prices
In the foreign exchanges, hs afternoon, there was
alteration from the rates Of last post.
IN the market for iorcign securities, continental poll
tics coupled With natural reaction from recent spsoua
prices chow average decline Of n
The Conieicrste loan remaus nrm at u ak premum.
The railway market continues TO be characterized ~
FrSps-ccnsois, money, e2,f a %; conso,s. account,
92,S ays consos, nes thrces, 81 a91k bank ssock,
234 s3o indian loan, 1907. no. exchequer blls lar1s
iBy Electric Telegraph
Conscis closed after Official hours e2s. %, nst Cyeek
2s1s 2sss. Consolides, AN a41h. Confederate, ke
Ia. metropolitan, ii IA. Passive. 2e5s a30k.
,From the london Times (ciiy artcle), April 23.i
The rapid increase the supply Of money has caussa
advance of ~. in Exchequer bills, which closed a.
premium In the discount market the TRANSACTIONS wero
based the sumption that the bank rate will be rs
duccd TO- to 81 per cert in the Exchanes
loans government securities ofersd .. X -
cent
prom the London News (c,y artIcls) April 1s,
The English funds were strongly Influenced yestsrdsV
the hand by the serious aspect the Posh Qua
the purchases lately made for the Bank OF England a.
the steady Investments Of the public generally rorsCR
securities declined y per cent the average, IL
Confederate Ard spanish passives being the pvncpel
exceptions. IL stated that persons vho have edscss1
speculative salee tne Confederate loan Offering -
usually high for loans OF scrip 70 enable theo
10 fuf their English and other railway scea
rifles showed still further tendency 70 depression
LrvEarooL COTTON nAREEr.
LvERroot, April IA. ~
The sales Of Monday and Tuesday we're soous II1ee
Prices we're hrm but no actual advance 70 quoted
TRADE At nAxcHEsrKR.
The rnsrret yesterday very hrm at the extreue
ratss Of last week There wS good demand 70. ~
East
warsse,d Mash a Co., Bigsnd Athya 4 Co, and Coz
a,n Iruoe 4 CO. report -four quiet bat steady. wbeas
sar,ve AZ former prices Corn urn and generally "a.
ae,rer: mixcd, 2ss. Ga.
Reef dub and neglected. Pork quiet AZ s5s. CO..
.son inactive but steady. Butter quite peeiectcd lard
IN fs,r request, 36s. 3Is Taow unchanged al sos
as. fcr N. A.
Ashes steady. Sugar quiet and unchanged CrNse nvw
At Iss. Cd. . t<s Rosin uominalIy unchanged.
sp,r,ts q tarpsntiuesms saIes q ioss. Psssolsum
Lsrge s.les q rsdnsd al n. 3D. a L. o., bss ss'ssw
49, LoEpor nAassp.
Brssdssaas Coll and ssH 'sodsss downward SUGAR -