12 JULY 1851, Page 10

MONEY MARKET.

STOCK EXCHANGE, FEIDAY AFTERNOON.

The accounts of the quarter's revenue, published on Monday, were not as satisfactory as had been expected ; and this produced a temporarily unfa- vourable impression in the Money Market. The price of the English Funds fell about 1 per cent in the comae of the week. The market hoe since ral- lied, and the closing quotations this afternoon are the same as those of Sa- turday last. Money is very abundant, and the rate of discount from 21 to 3 per cent.

In the Foreign Market, the dealings have been chiefly in Sardinian Scrip and Mexican Bonds. The letters of allotment' of the former were delivered on Monday, and the price, which had been gradually fall- ing during the latter days of lase week, was at the opening of the market aboutpar. Some few sales were made at g premium, but large quan- tities were sold at par, and eventually at g and g discount. The decline continued during Tuesday and Wednesday, when the price was as low as 3 discount. The market has since recovered, and the closing quotation this afternoon is discount. An alteration has been made in the date of the second payment, which was fixed for the 21st July, but it has been post- poned, and the amount then payable divided into to o parts and allotted to the two succeeding payments : thus, instead of 10 per cent being paysble upon the 21st of July, 15 per cent will be payable on the 21st of 'August, and 15 per cent on the 20th of September. Recent advice& from the United Statee have brought the: eply of the American Executive Government to the appli- cation of the Mexican Government for the acceptance of a bill or bills to the amount of 2,600,000 dollars, the portion of the Californian indemnity.pay- able in May in order that such drafts or bills should be discounted and their proceeds paid the Mexican Bondholders, The reply is to the effect, that as the amount of the indemnity is under the provisions of the treaty payable in hard cash in the city of Mexico, and the Government of the United States have made the requisite provision for such payment, the. re- quest to accept drafts or bills for the-amount cannot be acceded to. This in. telligence produced an unfavourable effect upon the price of Mexican Stock, which declined rather more than 2 per cent, and after some fluctuation closes this afternoon nearly at the lowest7—namely, 32} 1. The South.Anist- during the period referred to, it would not have been extraordinary if the traffic rican Stocks are steady, with but little doing;_ as are the Spanish and Por- not been so extensive as usual; and the Dutch Northern European Stocks are had been at least brought up to that of the preceding half-year. The French ing between this company and that of the Northern of France having been adjusted.

tuguese Bonds. The transactions in Russian Four-and-a-half per Cents have without much fluctuation.

reality has proved the absurdity of the anticipations of a large increase in the general traffic to result from the Great Exhibition. It now appears from for the second half-year of 1850. The first half of the year is always the least productive ; considering, however, the wonderful expectations of success Shares are steady, without any material variation. The Shares of. Boulogne the principal shares are in some cases rather lower than last week. Sober the returns for the half-yearjust ended, that, with the single exception of the Great Western, the tolls for the first half-year of 1851 are less than those and Amiens have advanced about 108. per share • the dispute so long exist- The Railway Share Market continues without animation' and the prices of SATURDAY Twztvz &Owes.

The English Funds are h lower than yesterday, with but little doing ; Consols for Account being 964 97. In the Foreign Market'where the trans- actions are unimportant, Sardinian Scrip has been done at 1 discount. The Share Market is without animation • the following being the only bargains recorded—Lancashire and Yorkshire, 50 ; North-western, 1221-; Midland, 431; Ditto 501., 15f ; South-eastern, 221; York and North Midland, 181.

SATURDAY. Two o'crocs.

The English Market is firmer, but the business of the morning has been unimportant. In the Foreign Market the business has been more extensive. Sardinan Scrip has been done at I discount, and closes at 14 to 4 discount. It is stated that negotiations are pending between the Mexican agency in London, and Messrs. Baring and Co. for the advance by the latter of the American indemnity money. Mexican Bonds are consequently rather firmer, and after being at 321, close at 324 4. The following 113 the record of busi- ness actually transacted—Brazilian, 894 1 ; Buenos Ayres, 55/; Danish Five per Cents, 1034; Equador, 31; Mexican, 3241 i I; Peruvian Deferred, 431 4 ; Portuguese Five per Cents, 1841, 35 ; Russian Four-and-a-half per Cents, 1001 • Spanish Active, 204 4; Three per Cents, 38 4; Dutch Two-and-a- half 91 ; Ditto Four per Cents, 924. The Railway Share Market continues heavy, East Lancashire and Mid- land Stocks being in especial disfavour; the following are the chief transac- tions recorded—Aberdeen, 10 4 ; Ambergate, Notts, and Boston, 41; Bristol and Exeter, 784; Chester and Holyhead, 161; East Lancashire, 141; Edin- burgh and Glasgow, 28 ; Great Northern, 171; Ditto Ralf-shares A Deferred, 51; Great Western, 83; Lancashire and Yorkshire, 494; Ditto Fifths, 3; Ditto West Riding Union, 44; London, Brighton, and South Coast, l44; London and North-western, 1211; Ditto New Quarter-shares, 251 ; London and South-western, 824 ; Midland, 431; Ditto 501. Shares, 144 ; North British, 64 ; North Staffordshire, St ; Oxford, Worcester, and Wolverhamp- ton' 141; Reading, Guildford, and Reigate, 214; Scottish Midland, 7f ; Mexican 5 per Cents 1846 32 L__

South-eastern and Dover, 221; York, Newcastle and Berwick, 184.

8 per Cent Consols 97 Danish 3 per Cents 76 7

Ditto for Account 97 Dutch 21 per Cents 59

981 i Ditto I

o 4 per Cents 92 3 per Cent Reduced 97

st per Cents Long. Annuities 7 7-16 Peruvian 6 per Cents 89

Bank Stock 212 14 Portuguese 4 per Cents 1842. 331 44 Exchequer Bills 50 54pm. Portuguese 5 per Cents 1824. 85 87 India Stock — Russian 5 per Cents 112 114 Brazil= 5 per Cents ..... .. 88 91) Ditto 41 per Cents 1001 4 Belgian 41 per Cents 90 2 Spanish (Active) 5 per Cents. 201 i

Chilian 6 per Cents 103 105 Ditto 3 per Cents 1842 al 9 Danish 5 per Cents 103 104 Venezuela 32 4