15 NOVEMBER 1851, Page 9

MONEY MARKET.

STOCK EXCHANGE, FRIDAY AFTSKNOOK.

The English Stock Market continued in a steady state of upward progres- sion during the first few days of the week, and on Wednesday the price of Consols both for Money and Account was 985 5. That quotation has been supported up to this afternoon ; when the market gave way slightly, and the closing .quotation is 985 5 both for Money and Account. The character of the business has not varied from that of the last few weeks. The market continues quite bare of Stock, and Consols can be bought as cheaply for the middle of December as for Money. It has been remarked that for some time past Stock has been largely transferred into the names of persons resident in France whence it is inferred that the French capitalists are not quite satisfied with the political aspect of affairs in France, and consider the English Funds a preferable investment to their own, though at present prices their Five per Cents in an interest of more than 55 per cent. Money continues abun- dant n the discount-market. At the settlement of the Foreign Account to- day, money was more in demand than for some time. It was, however, principally upon the security of the inferior class of Foreign Bonds, parti- cularly the non-dividend securities, while the better class of Stock was quite scarce.

The only remarkable feature in the Foreign Market has been the establish- ment of the communication by the submarine telegraph with all parts of the Continent. About three o'clock yesterday afternoon, a gentleman in the Stock Exchange received from his correspondent in Paris a telegraphic mes- sage dated from that city at two o'clock. He transacted the business to which the message related, and the result would be known to the Paris cor- respondent before five o'clock. Russian Stock continues in demand ; the Four-and-a-half per Cents having today been done at 1025; and the Stock is so scarce as to render it almost impossible to purchase at the current price for immediate delivery. Spanish Stock is also about 5 per cent higher than it was last week. Almost every other description of current Stock is lower. Mexican have been and con- tinue depressed, notwithstanding the unexpected arrival of about 29,000 on account of the dividends. The price has continued steadily to decline, and it was this afternoon as low as 245. The South American Stocks are gene- rally without vitality.

The Railway Share Market is firmer : an improvement of from 11. to 31. has occurred in the Shares of the principal lines. The French Shares are without change; both speculation and investment in them seeming for the present to be entirely suspended.

SATURDAY, TIVKLYR O'CLOCK.

The English Funds are at yesterday's quotations, without the occurrence of any business of moment. The only change of importance in the Foreign Market is in Mexican Stock, which still continues to decline. The opening price was 245; the Bonds have since fallen to 235, and are now 235 5. The other Foreign Stocks are at yesterday's prices. The Railway Shares are not quite so firm as yesterday ; the following are the principal transactions— Aberdeen, 95 ; Bristol and Exeter, 775; Caledonian, 131 Eastern Coun- ties, 65 ; East Lancashire, 15 ; Great Northern 165 ; Great Western, 88 ; Lancashire and Yorkshire, 565; Ditto Fifths, 4 ; Blackwell, 7 64 ; North- western, 115 5; Midland, 495 ; North Staff° , 95 5; York and North Midland, 20. SATURDAY Two o'Ciocx.

The English Funds close at the morning's quotations, and nothing has oc- curred worthy of notice. In the Foreign Market, Mexican Bonds still oon- tinue to decline, and after being as low as 24 close at a alight advance,_ 231 I. Though a fair amount of business has occurred in the other Foreign Stocks, the fluctuations have not been material ; as will be seen by the fol- lowing list of actual bargains—Brazilian, 891 ; Buenos Ayres, 44; Chilian, 1011; Equador, 3 ; Mexican, 24 24 fi 1; Portuguese Five per Cents, 1824, 87; Ditto Three per Cents, 1848, 30 ; Russian Four-and-a-half, 1028; Spanish Active, 214 ; Ditto Three per Cents, 398 ; Venezuela, 36; Belgian Four-and-a-half per Cents, 89; Dutch Two-and-a-half, 594 9; Ditto Four per Cents, 891 9q. No material change has occurred in the Share Market. The following are the principal bargains recorded—Ambergate, Notts, and Boston, 41 # ; Bristol. and Exeter, 77 8 ; Caledonian, 131 t; Chester and Holyhead, 181; Eastern Counties, 68 1 ; East Lancashire, 15; Great Northern, 161 f; Ditto Half-shares B 6 per Cent, 121; Great Southern and Western, (Ireland,) 35 ; Great Western, 831 1 1 ; Lancashire and Yorkshire, 568; Ditto Fifths, 48 1; London and Blackwell, 7 61; London, Brighton, and South Coast, 931; London and North-western, 114 151; Ditto New Quarter-shares, 241., ; Ditto 101. Shares, M. and B. C., 21 a ; London and South-western, 841 I 831; Midland, 4911 1 I 50; North Staffordshire, 91 i; Oxford, Worcester, and Wolverhampton, 14; Scottish Midland, 88 1 ; South-eastern and Dover, 198 1; York, Newcastle, and Berwick Extension, 13; Ditto G. N. E. Pur- chase or Preference, 5ff ; York and North Midland, 20 1; Orleans and Bor- deaux, 3,i; St. John del Rev, 20 •

89 906 1 Dutch 21 per Cents 59

Ditto for Account 9 Ditto 4 per Cents

3 per Cent Consols - 98 i 3 per Cent Reduced 97 Mexican 5 per Cents 1846 ... 23 1

9/ per Cents ss. 1 Peruvian 6 per Cents 871

8 Long Annuities 615-16 7 Portuguese 4 per Cents 1842.. 33 4 Bank Stock 214 16 Portuguese 5 per Cents 1824. 86 8 Exchequer Bills 51 4 pm. Russian 5 per Cents 111 113 India Stook 262 4 Ditto 41per Cents ...... .... 1021 31 Brazilian 5 per Cents Belgian 41 per Cents 88 90 Spanish (Active) 5 percents. 20i

89 91 Ditto 3 per Cents 1842 391

Chi 6 per Cents 101 3 Sardinian Scrip 4 dis. DaniA 5 per Cents 101 3 Ditto Bonds 811 821 Ditto 3 per Cents 76 8