15 MARCH 1856, Page 9

MONEY MARKET.

STOCK EXCHANGE, FIIITIAT Aereaxoos.

The settlement of the Consol Account was arranged on Tuesday ; when the speculators for the rise evinced great boldness and paid 7 per cent for renewal of transactions to the 10th of April. After the adjustment, a de- cided improvement was manifested. It was expected that the payment of the instalment of 25 per cent on the New Loan, due yesterday, would have arrested the progress of the rise ; but on the preceding day the East India Company lent 300,000/. upon Stock at 5 per cent : this lessened the demand for money on the Stock Exchange, and there has been no serious pressure at the Bank of England. The public, encouraged by a recovery in French

Stocks, have supported the market ;, but th numerous operations for the April Account, it would be1ls9io-to a very serious depre'eaon should there be the least intege.rption to the apparent harmony in the Peasecon- gress, now stretnttl::.:;ned by the admission of the representative of Prussia. At one Pe--"---_fla-yeaterday, Consols for Money stood at 921; being: -/ higher tha, 1407, 'closed last week. Today they have been done at 92; and leave off 1, and 921 / for the Account. Exchequer Bills have been firmer, at an advance of 2s. The Corn-market has shown symptoms of recovery : on Monday it rose 28., on Wednesday, la. Several amounts of gold have arrived from Paris, and the rate of exchange is very firm. At Vienna, a tendency to distrust has been shown by a fall in the Funds, and the exchange on London becoming nearly 11 per cent less favourable. The speculative mania for new Banks is extending in most of the principal cities on the Continent. The half-yearly Court of Bank Stock Proprietors was held yesterday, and an increased dividend of 5 per cent free of income-tax was declared. The Governor stated that the profits for six months to 29th February were 705,3251.; making with the rest 3,728,3791. After the distribution, the rest will be 3,000,729/. Last year the rate of dividend was only 4 per cent.

Foreign Securities continue to be supported. The chief advance has been in Turkish Six per Cents ; they are 21 higher : the Four per Cents have been comparatively neglected, and show only improvement. Spanish Three per Cent and Deferred are 11, and Danish, Portuguese, and Sardinian, 1 better.

Railways have not responded to the advance in the English Funds, and on the average have been flat. Anticipating a high rate for continuation at the settlement yesterday, sales were effected by those disinclined to pay it. After the arrangement of the account, there was a slight recovery, and to- day they are a little higher. Great Western is becoming more in favour; which may be dated from the last half-yearly meeting : is 21 better this week, and closes today at 631 1. Lancashire and Yorkshire 831 4 ex divi- dend; London and North-Western, 1001 1; Midland, 711 /. 'French Shares show little alteration. As the half-yearly meetings have nearly terminated, it is expected that more general attention will be directed to the market.

SwroaDAy, TwEvris o'CLocx.

The English Funds arc very firm this morning at an improvement of 1;

Consols for Money being 921 1, and for Account 921 Exchequer Bills 1 discount 1 premium. The bullion return by the Bank of England shows a decrease of 49,2401. That of the Bank of France for the past month shows that the purchases of bullion in this country have been made at a loss of 52,000/. during the month, and the amount in hand is nearly. equal to the last return. There was an additional rise of 4s. yesterday in the Corn- market. In Foreign Stocks there is no difference. Railways are firmer— Caledonian, 61; Eastern Counties, 9/ ; Great Western, 63k; Lancashire and Yorkshire 841 ; Midland, 721; North-Eastern—Berwick, 78; Ditto Exten- sion, 151 •;North Staffordshire? 111.

AATV1DAY, oftS O'CLOCE.

In the Ettilisti Pun& there has been some realizing of profits since the morning, shysthr !cart off 1 lower: Consols for Money being 921 1, and Lb! A"uubt ;21 ie.' fiehe-gite; *21,11 ' tint I premA;lins In Fiiieigif 116 otocks, Russian Five per Cents Ufa I be , iiiid Turkish Six per Cents have declined 1—they are now 102 4, and 111 fes'Pectively. Railways are slightly lower—Aberdeen 26k; Bfistel ied Exeter, 89; Caledonian 601; Eastern Counties, 9/ ; 'Great Northern A Stdelt, '191 ; Great Western, 631; Lancashire and Yorkshire, 831; London and Bleak= wall, 71; London, Brighton, and South Coast, look ; London and North= Western, 1001; London and South-Western, 931; Manchester, Sheffield, and Lincolnshire, 281; Midland, 72; Norfolk, 51; North British, 311 ; North-Eastern—Benvick, 771; Ditto York, 581; Oxford, Worcester, and Wolverhampton, 26' South-Eastern, 68. Preference Shares—Great North- ern 41 per Cent, Redeemable at 10 per Cent Prem., 102; North British, 101; Dutch Rhenish, 12; East Indian Extension 211; Grand Trunk of Canada A Issue, 141; Great Indian Peninsula, 211 ;Great Western of Canada, 251 ; Great Luxembourg Constituted Shares' 61. Mines—Brazilian Imperial St: John del Rey, 251; Cobre Copper, 681. Joint Stock Banks—Colonial, 20; London and 'County, 33. Miseellaneous—Canada, 144 ; Canada Govern- ment 6 per Cent January and July, 1081; Crystal Palace, 21; Electric Telegraph, 201 ; General Steam Navigation, 271 ; General Screw Steam Shipping Company, 161 ; Peninsular and Oriental Steam, 66.

3 per Cent Consols

Dutch 24 per Ceuta 635 Ditto for Account

Ditto 4 per Cents 94 .6 3 per Cent Reduced shut Mexican 3 per Cents 20 6 New 3 per Cents shut Peruvian 46 per Cents :9 81 Long Annuities shut Ditto 3 per Cents 56 8 Bank Stock shut Portuguese 4 per Cents 98 50 Exchequer Bills 1 die. 1 pm. Russian 5 per Cents 102 4 India Stock shut Ditto 4i per Cents 924 Austrian 5 per Cents 87 90 Spanish 3 per Cents 44 5 Brazilian 5 per Cents 101 3 Ditto Deferred 241 5 Belgian 46 per Cents

95 7

Sardinian 5 per Cents 90 2 . ChiRan Spec Cents 102 4 Swedish 4 per Cents 87 90 Danish 5 per Cents 101 3 Turkish 6 per Cents

Danish 3 pe Cents 83 6 Ditto 4 per Cents Guaranteed 9 8

10741

RAILWAY ARRANGEMENTS.

The report of the Directors of the Lancaster and Carlisle Company states that during the past half-year the traffic had much increased, and the ex- penditure had been nearly equal to that of the half-year ending January 1854. They had been unsuccessful in their efforts to renew the contract with the London and North-Western Company. To enable the Company to work its own line, it would be necessary to raise 300,0001. : this was duly sanc- tioned at the meeting last week in Liverpool. A dividend at the rate of 7i per cent per annum was declared.

The Western Bank of London have taken a house in Hanover Square, formerly the property of the Marquis of Downshire, where they will shortly commence business.

The Directors of the Bank of Egypt have appointed Mr. A. St. John Forssman one of their managers in Egypt: he has great experience and high testimonials.

A new Joint-stock Bank is projected for Birmingham, with a commencing capital of 200,000/. A Life Insurance Company is proposed for South Staffordshire.

The Eastern Counties shareholders will have another opportunity for re- cording their votes : Mr. Thomas J. Margrave, in consequence of the triumph of the Waddington party, has resigned his seat as a Director : he cannot consent to share the responsibilities of the Board as now constituted.

CRYSTAL PALACE.—Return of admissions for six days ending Friday March 14, including season-ticket-holders, 7254.