MONEY MARKET.
STOCK EXCRANOR, FRIDAY AFTERNOOX.
The French Funds have been heavy during the last few days, and have declined about .4 per cent. Our own Funds have also experienced a down- ward fluctuation; having been in the course of the week about a per cent lower than they were on Saturday, and closing this afternoon about per cent be- low our last quotations; the last price of Consols for Money being 961 a, and for Account 961 f. Some speculative sales have occurred ; occasioned, doubtless, by the heaviness of the money-market in Paris. Money still con- tinues abundant. The foreign exchanges are slightly higher than they were a short time ago, and there does not seem any present prospect of a revival of the Continental demand for bullion.
With the exception of the transactions in Mexican Stock, which have been extensive, the business of the Foreign Market has been unimportant. The decline in Mexican Bonds has been to the extent of about 11 per cent ; some rather large sales having been made by speculators, in order to close accounts. The losses under this head must be considerable, as a large speculation for the rise has been carried on for the last eighteen months, and the operators appear now to be wearied, for they have in very many instances closed their speculations. The Stock has been as low as 29, and closes this afternoon at a slight improvement. The Russian Four-and-a-half per Cent Stock continues scarce ; though the price is not quite so high as last week, the weakness of the French money-market operating to check purchases, most of the recent investments having been on French account. Sardinian Scrip continues steady, oscillating between a slight discount and a trifling premium : the transactions have been unimportant. The second payment of 15 per cent will become due on Thursday the 21st instant. Spanish Stock is rather heavier, and Portuguese Bonds are without change. Peruvian Benda con- tinue in demand between 90 and 91. The Northern European Stocks are steady, and in demand at the current prices. The Share Market was improving till Wednesday, when the approaching settlement of the Account fixed for today caused a decline. The fall in Mid- land has been about 3/., and that in Lancashire and Yorkshire :about 21. • and these Shares are this afternoon without any appearance of reaction. All other description of Shares are lower, and the market is much changed for the worse. This is the more remarkable, as the tolls for the week ending on Saturday last were generally very much in excess of those for the corre- sponding week of last year. Confidence, however, seems to have been shaken by the necessity which in some cases has existed of trenching upon the re- serve, in order to maintain the same rate of dividend for the half-year just ended as for the previous one. The French Shares are all lower, and the business in them unimportant, in consequence of the absence of any large demand for France.
SATURDAY Twxayx O'CLOCK.11
We have no prices of French Funds today. The English Funds are at yesterday's prices, with but little doing. The transactions in the Foreign Market have as yet been unimportant, and the prices nominally the same as yesterday. The Share Market. is heavy, and without any appearance of re - action. It will be seen that North-western are between I./. and 21. lower than yesterday. This decline is occasioned by the heaviness of the item continuing endireinished from the prospect of almost interminable law charges during the past half year, and the probability of this
litigation foreshadowed in the speech of Mr. Glyn at the meeting of this company yesterday. The following are the principal bargains as yet re- corded—Eastern Counties, 5/ ; East Lancashire, 13/ ; Great Northern, 161 4; Great Western, 81 80 ex div. ; Lancashire and 'Yorkshire, 471; North- western, 1201 ; Ditto, Quarter-shares, 2q 25; Midland, 394 ; South- eastern, 211 I; York, Newcastle, and Berwick, 17/ ; Great North of England Purchase, 51; York and North Midland, 174. SATURDAY, Two O'CLOCK.
The few transactions occurring in the English Funds have been at lower prices, the closing quotation being / lower than in the mai ring ; Consols for Money are 96/ 1 and for Account 961 1. The business in the Foreign Mar- ket has I con unimportant ; prices are, however, rather lower, in consequence of the heaviness of the English Funds. The following are the actual trans- actions—Brazilian, 924 ; Buenos Ayres, 55 ; Mexican, 294 29 29/ ; Peruvian, 902 • Spanish Three per Cents, 38/ ; Dutch Four per Cents, 93/ ; Sardinian
,
.1
Scrip, 1 dis. par.
The Share Market continues heavy ; North-western having declined to 120, and Great Western to 791, closing at 80 ex dividend. The following are the principal bargains recorded—Aberdeen, 94; Ambergate, Notts, and Boston, 411 ; Bristol and Exeter, 80; Caledonian, 101 4; Chester and Holy- head, 151 1 1; Eastern Counties, 51 6 ; East Lancashire, 131 13; Great Northern, 16/ 1 ; Ditto Half-shares A Deferred, 51; Ditto Half-shares B 6 per Cent, 12,, ; Great Western, 81 80 es div. ; Lancashire and Yorkshire, 471 ; Ditto Fifths, 21 1; London and Blackwell, 61 ; London and North- western, 1201 120 ; Ditto New Quarter-shares, Ai 6 4/ ; Ditto fifths, 141 15 ; London and South-western, 801; Midland, 391 ; North British, 6/ 1 ; North Staffordshire, 74 8; Oxford, Worcester, and Wolverhampton, 141 1; South-eastern and Dover, 214 f ; York, Newcastle, and Berwick, 171; Ditto G. N. E. Purchase or Preference, 51; York and North Midland, 171; Buck- inghamshire, 171 ; Great Northern 5 per Cent, 131; Ditto Consolidated and Birmingham 6 per Cent, 128 1 ; York, Newcastle, and Berwick, G. N. E. Purchase, 81. 8 per Cent Consols 96 i Danish 3 per Cents 76 8 961 Dutch 21 per Cents 591 601
Ditto for Account
3 per Cent Reduced 97 Ditto 4 per Cents 931 1 31 per Cents 9819 Mexican 5 per Cents 1846 ... 281 294 Long Annuities 76 1-16 Peruvian 6 per Cents 90 91 Bank Stock 215 17 Portuguese 4 per Cents 1842.. 321 34 Exchequer Bills 46 50 pin. Portuguese 5 per Cents 1.824, 86 8 India Stock — Russian 5 per Cents 114 16 Brazilian 5 per Cents '91'3 Ditto 41per Cents 1011 2 Belgian 41 per Cents 93 5 Spanish (Active) 5 per Cents. 201 11 Chilian 6 per Cents 103 105 Ditto 3 per Cents 1842 371 84 Danish 5 per Cents 104 6 Venezuela 30 2
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