11 MARCH 1848, Page 12

MONEY MARKET. .

&roes EICIRANGE, FitDAT ATTEENDOE.. .

The English Stock Market was firm on Monday. Although -the ,price of C/011- S018 was not quoted in the list higher than 824, the quotation reached 83 after th.e usual hours of business on that day. ' A decline commenced on Tuesday, and has been continued with slight reaction ever since. The closing quotation ef Consols both for Money and the Account is today 803 i—within 3-6f:the_ lawes'ti of the week. The character of the operations has not been atidiedf -HMO

, . . . .

SATURDAT, Twmvx o'Ctock.

The books of all the other English Stocks being shut, business has been con- fined to Consols; which opened at 81, both fur Money and Account. The price has since risen to 813, and is now 81i 4; at which quotation the market is firm. Exchequer Bills are 25s. to 29s. premium. The Foreign Stocks are nominally the same, with but few transactions. The only bargains recorded in Railway Shares are the following: Birmingham and Oxford Junction, 21; Buckingham- shire, 33; Eastern Counties, 134; Great Northern, 54 4; Great Western, Quar- ter-shares, 171; Leeds and Bradford, 89; Blackwell, 4; North-western, 132;

Ditto, Fifths, Si; Midland, 1011; Ditto, 501, 9; Northern of France, 33. .

3 per Cent Consols 811 4 ' Danish 3 per Cents 73 8

Ditto for Account

814 # Dutch 21 per Cents 40 12 3 per Cent Reduced shut Ditto 4 per Cents. 69 72 31 per Cents shut Mexican. 5 per Cents 1846... 14 15 Long Annuities shut New Grenada 15 17 Bank Stock shut Port ugueee N. 4 per Cents 1842

1511'

Exchequer Bins 25 9 prem. Portuguese Old 1824 72 6 India Stock shut Russian 5 per Cents 93 7 Brazilian 5 per Cents 74 9 Spanish (Active) 5 per Cents

tit nit

Belgian 41 per Cents 60 70 Ditto 3 per Cents 1842

221 to

Buenos Ayres 25 30 Venezuela

Chilian 6 per Ceuta • 8593

Consols can be purchased as cheaply for the middle of April as fur hloney. " The 'following comparison of the values of some of the principal Stocks in relatiorcto Consols, in October last and at the present time, maybe interealing. Orr October 13th 1847, Consols being then between 804 and 81, Bank Stock ranged frain 178 to 182; India Stock was 222; Long Annuities, 84; inulltixehemter,Efilis Qs. to , 85e. discount. Today, when Consols are between 804, and 8.4 Bank,Steek islet to 194; India Stock, though at present shut, wa,s a fe.wdays ago dene.at 232iUng Annuities are 83; and Exchequer Bills 258. to 298. premien. ' IEWBF be seeniit loth cases, that the value of Consols is the Same, while the other Stocke'are More thtuil0 percent in advance of their then quotations. Exchequer Bills are alio nearly' 4 per cent higher. In October, the pressure was real, and affw: tett all descriptions of capi- talists; the decline in Stock of every description being occasioned by actual sales. At present the fall in Consols and the other Three per Cent ,Stocks has been mainly caused by speculative sales; those Stocks in which speculative bargains rarely occur having been but slightly affected. This difference is instructive. In the Foreign Market, prices are lower, but the markets firmer than they were last week. Dutch Two-and-a-half have fluctuated between 41 and 44, and are today done at 414; the Four per Cents, between 71 and 73; Belgian Four- and-a-half per Cents, 61; Russian Five per genta have been sold at 95. The Peninsular Stocks have fallen; Portuguese put per Cents beinztoday as low as • ,15; .Spanish Five per Cents, 114; Snisit Arm per CentNalf. ,ifis few:pineal .2 obnanaluere occurred; bat the general disposition It evidently'logetlut of thiis.,s chute of securities. The fall during the week has not, however, been so great as daring the last; and the feeling of alarm then prevaleat may be considered as much moderated.

The Railway Shares are all lower- London and North-western, Great Western, and Midland, have fallen from 41. to 61.; which may be Considered as the average ' depreciation of the heavier class of shares; 'hide the smaller varieties have fallen about 1/. or 21. The French Shares are mach depreciated, and have fallen

from 1/. to Si. • • The accounts' of the Bank of England,loi the weekending the 4th March, exhibit whencompared with these of theproceding week the following results-

. &WEIN.; DEPAETIENNE. Increase. Decrease. tinue to buy, the speculators to sell. Money is consequently iery-abeindlint, and

Rest, - £541,451 '

Public Deposits

157,754 ...,: — Other Deposits , ._...,. £301,085 - Steen-day and other Bills 1,327 — Government Securitbas, Including Dead-weight.. .._—

Other Securities

188.210

• Notes Weaned • 91,970 Actual Circulation 195,860

Imes DEPARTMENT. .

Notes issued

t03,blio -

Bunten . 113,412 ...•“.

This week. • Last week.

Total Bullion in both Departments

14,873,927 . 14,700,815 Actual dradaticat 19,375,615 ' '

18,179,71,5