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MONEY MARKET. .

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MONEY MARKET. [SPECIALLY TELEGRAPHED. ] LONDON, TUESDAY EVENING, The money market was rather quiet. Discount business was firm. Three mouths' bills not being negotiated under 2|. For short loans there is not much inquiry, day to day money being easily obtainable at 1 to I4- per cent. The tendency 4 of the continental exchanges w favourable. The Paris cheque rate is quoted at 25,181. The general tone of the stock markets remains firm. The account is going off well, and it is seen that stock is by no means plentiful. In conse- quence, it is expected that before the speculation now outstanding is permanently adjusted, a fur- ther advance in the value of most securities will take place. The immediate future of the Egyp- tian question is regarded with confidence, and if the weather be satisfactory for the completion of the harvest, thereby improving trade prospects, we may look for greater animation in the stock markets. Consols were quiet, at :99 to 99 for delivery, ind 99 11-16 to 99 13-16 for the account Re- iuced and New Three per Cents., 99i to 99â. The English railway market has, on the whole, been strong, notwithstanding the less settled weather. Speculators for the fall have apparently act yet closed their accounts, and this circum- itance, in conjunction with the expectation of rood traffics, has caused all stocks to be more or less firmly held. As a rule the changes have not been of any special importance. The revenue itatement of the Manchester, Sheffield, and Lin- colnshire Company shows a gain in the net revenue up to August 6th of £ 10,175. Great Eastern. traffic shows an increase of £ 12,700. Caledonian rose Ii; Great Eastern, Great Northern A, and Metropolitan, j Metropolitan District, 2 North-Western, 1 South-Eastern A, 1; Midland, g; Sheffield, { but Deferred fell § Brighton A, -4; Great Western advanced § North-Eastern, It. Indian railways were steady, but with very little doing. Canadian railways continued to advance with a quiet demand. Grand Trunks rose g to |; Great Western, 5. American railways partially recovered from yesterday's depression, firmer prices being tele- graphed from New York. Eries rose 3 Illinois Central, I5 Philadelphia and Reading, Wa- bash, 11; Preference, if New York, Ontario fell 4, Foreign railways were generally strong, the principal inquiry being for Mexican, which rose k to 1. Foreign government securities were ^still in favour. There was a good inquiry for Mexican and Peruvian, and Egyptian and kindred issues were also in demand. Other stock, though steady, were as a rule quiet. Egyptian advanced £ to 1 7 an, Mexican, 1 to 1; Peruvian, g Russian, 45 Italian, { Turkish Tribute, 1 Spanish fell £ Telegraphs. —Direct United States rose 18. Banks.—Bank of Egypt rose 1; Imperial Otto- man, 3 Bank of New Zealand, Oriental, Bank of South Australia and Standard of British South Africa, I Bank of Africa fell. Mines.—Dolcoath fell £ Wheal Agar rose Gold mines were steady but quiet. Chili rose g. y Insurance.—Phoenix fell Miscellaneous.—Nantyglo and Blaina Works fell 1 Hudson's Bay rose i United Telephone iras 1 lower, closing at IO-4. At the Bank £ 50,000 were withdrawn for Lis- bon, and E25,000 received from Australia. The Wieland from New York brought £ 11,000. The Bombay exchange on London was tele- graphed at Is 8 3-16d Calcutta, Is 8^d Hong Kong, 3s 9|d Shanghai, 5s 2§d. The Indian exchange was steady. Bank bills, 50 days, Is 8d 30 days Is 8 l-16d demand, Is 8 £ d. Private bills—60 days, Is 7 ll-16d; 50 days, Is 7 13-16d demand, Is 8d. Rupee paper, 4 per cent, 83 to 84; 4 per cent, 89 to 89A. Silver was quiet. Bars, 51 15-16d; Mexican dollars, SOâd.

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