15 SEPTEMBER 1849, Page 10

MONEY MARKET.

STOCK EXCHANGE. FRIDAY Arrsawoow.

The English Funds have been heavy, without any transactions of importance. The eettlement of the Consol Account was on Tuesday ; when, from the in- ability of the speculative purchasers to take their Stock off the market, a con- siderable pressure for money occurred, and the price of Consols declined to 924, or:about ft per cent below our last prices. A trifling reaction ensued; but, though the closing quotation of this afternoon is 921 1 for Money and 921 ft for the October Account, the market is still feeble, and oppressed by a superin- cumbent weight of Stock. Money was in demand at an advanced rate of in- terest, both for discounts and in the Stock Exchange, on Tuesday last; but is now cheaper, the rate varying from 2 to 24 per cent.

The transactions of the Foreign Market have been as limited as those of the English Funds. Some alight effect upon Mexican Stock was produced by the intelligence lately received of the appointment of other agents in the place of Messrs. John Schneider and Co.: the price fell about ft per cent; but the previous advanced quotation has been again established. The Northern European Stocks are unchanged. There is an evident disposition for investment in them, princi- pally upon foreign account; but extensive purchases are impossible, on account of the scarcity of the stock. Buenos Ayres Stock has fallen about 6 per cent, with- out any apparent cause. The Railway Shares continue depressed, and there seems a settled deter- mination among a large class of holders to abandon these securities. So com- pletely is the confidence of the public shaken that they have no faith in any state- ment of accounts ; believing that hitherto all railway statements have been delusive, and that, low as the majority of the dividends now are, they will be forced still lower. Shares are thus continually thrown upon the market; which no longer receives the support from speculative purchases or investments that used to be at hand upon periods of undue depression. Great Western have fallen between 21. and 31.; North-western, in the same proportion; Midland, about 31. Brighton, which have been until now well supported, have declined about 14 per cent. The Guaranteed Shares, though not quite so firm as they were a few days ago, have experienced but a trifling depression, and are comparatively in favour with the public.

The accounts of the Bank of England for the week ending the 8th September exhibit, when compared with those of the preceding week, the following results-

BANKINd DEPARTMENT.

Heat

Public Deposits

Increase.

£1,548 635,760

Decrease.

Other Dep.sits

£204,505 Seven-day and other Bills

29,990 Government Securities, Including Dead-weight 25,679

Other Securities

6,325 Notes unissued 371,530

Actual Circulation

382,350

JOSUE DEPARTMENT.

Notes issued

10,820 Bullion 26,788

This week. Lard week.

Totafinulton in both Departments

14,802,988 14,776,200 Actual Circulation 18,066,500 18,448,850

SATURDAY. TWELVE O'CLOCK.

The first price of Consols for Money was 921, and that for Account 924. The price is now 924 i for Money, while there are sellers at 294 for Account. The transactions of the morning have been quite insignificant. The Hibernia Ameri- can mail-packet is still due. The Foreign Funds are unchanged and the business occurring unimportant. The Railway Shares still continue declining. The fol- lowing are the principal bargains recorded: Boston, Stamford, and Birmingham, 1 premium; Caledonian, 161 17; Edinburgh and Glasgow, 37; Great North- ern, 74; Brighton, 714; North-western, 115 114; Ditto, New, Quarter-shares, 124; South-western, 321 33; Midland, 524; Ditto 501., 114; North British, 121; Ditto, Half-shares, 51; York, Newcastle and Berwick, 17 164; Great North of England, purchase, 34; York and North Midland, 21; Ditto, Preference, 6.

3 per Cent Consols

92 : Danish 3 per Cents 72 4 Ditto for Account

92: 4

Dutch 24 per Cents 534 44 3 per Cent Reduced shut

Ditto 4 per Cents

84 6 31 per Cents shut Mexican 5 per Cents 1846... 284 94 Long Annuities shut Peruvian 6 per Cents 53 5 Bank Stock shut Portuguese 4 per Cents 1842 284 94 Exchequer Bills 36 38 p.m. Portuguese 5 per Cents 1824. 80 1 India Stock

Russian 5 per Cents 106 108 Brazilian 5 per Cents 85 7 Spanish (Active) 5 per Cents 17a 184 Belgian 44 per Cents 87 9 Ditto 3 per Cents 1842 mit Chilton 6 per Cents 97 9 Venezuela 24 6 Danish 5 per Cents 99 101