16 JUNE 1855, Page 10

MONEY 'MARKET.

-theca Ezcnsees. FRIDAY Arm:soon.

Confidence in the continued success of the Allied Army is daily increasing ; but the victories of late-have been so numerous that they are now to a cer- tain extent discounted, and whenever an advance of a few eighths per cent is produced on the Funds, the dealers find some ready sellers. The present week much resembles the last in this respect. The -intelligence on Monday, of the successful attack on Taganrog, and further accounts of the capture of the Mamelon battery, caused an improvement of f per cent ; and Consols for July were done at 921: they have since ranged between 92 and 94.. Yesterday they declined 4; and it created the more surprise, as a fur- ther reduction took place in the Bank-of-England rate of discounts- now 34 per cent. Today, Consols opened higher, and were done at 914 ; but a renewal of sales caused flatness, and they leave off at 94. Terminable Annuities (New Loan) are steady at 16 15-16the. Om- nines is about the same as last week, Exchequer Bills are 28. lower. The Bank rate of discount has not been so low as 31 per cent since the autumn, of 1853: the bullion then varied between 17,000,0001. and 18,000,0001., and Console were 98 : the bullion is now about the same as at that time, but the notes unemployed have increased more than 2,000,0001. Gold continues to arrive in large sums from America; the total this week is about 356,0001. ; notwithstanding which, the amounts in the New York banks exhibit a slight increase, and the rate of discount in that city is now as low as 54 6 per cent. Among other favourable features this week, may be named the alteration in the weather, decline in the Corn-market, and a return to firmness in the French rate of exchange, -which removes the probability of remittances from this side.

The French Market has fluctuated rather more than our own ; and the expectation of a new loan has proved a barrier to any permanent improve- ment on the announcement of victories. Foreign Securities have been steady, and very little alteration has taken place. The principal descriptions have been -well maintained, and Austrian is 1 better. Sardinian has fallen 1. Turkish has been unsettled, and is at present lower.

Railways were rather buoyant on Monday but they subsequently showed weakness, ()wino° the doubtful aspect of Console, and the preparations for the settlement of the Account, which took place yesterday. Upon its com- pletion, there was a better market; but today prices are 108. to 15s. lower in many eases. London and North-Western leaves oil at 1034 4; Lancashire and Yorkshire, at 82 4; Midland, at 74! 54; Great Western, steady at 68 9. In the French Market, Paris and Rouen has improved 2l. 10s. ; and Rouen and Havre 108. Eastern of France has declined 1/. ; and Northern of France and Paris and Lyons, 108.

SATURDAY, ONE O'CLOCK.

The English Funds have improved i since the morning, Consols closing at t. Exchequer Bills 16 19. Exchequer Bonds 1858 have been done at 1004, and Omnium at 44 5 premium. foreign Steels have been very quiet, but Turkish is .4 better, the bargains have been at 84 for Money, and 814 4 for Account. The new regulation of closing the Stock Exchange on Saturday at one

SATURDAY, TWELTR O'CLOCK.

The English Funds are dull this morning, at about the same quotations as yesterday ; Consols for Account being 914 4. Exchequer Bills 16 19. Omnium has been done at 44 premium. The bullion return by the Bank of England shows a small decrease of 26,044/. In Foreign Stocks no movement has taken place. Turkish remains heavy at 81 4. Railways are flat at the lower prices of yesterday—Caledonian, 634; Oxford, Worcester, and Wolver- hampton, 284; South-Eastern, 624.

instead of two o'clock (settling-days excepted) commenced today, and the natural contraction of business has been more conspicuous in the Share Market than in other departments.

Railways leave off at a slight advance—Caledonian, 634; Great Western, 684 ; Lancashire and Yorkshire, 82; London, Brighton, and South Coast, 103; London and North-Western, 1034 ; London and South-Western, 84 ; Ditto 501., 394 ; Midland,'74f; North-Eastern—Berwick, 76 ; Ditto Le 144 ; North Staffordshire, 12f ; Oxford, Worcester, and Wolverhampton, 28f ; South-Eastern, 621; Wilts and Somerset, 94; Great Western, Con- vertible and Redeemable 44 per Cent, 105 ; North British, 1024 ; Great Western of Canada, 231; Great Luxembourg Constituted Shares, 4. Mines— Brazilian Imperial, (issued at N. pram.,) 34; Ditto Cooaes and Cuiaba, 31. Banks—British North American, 66 ; City, 151; London Chartered Bank of

Australia, 204; Ditto New, 41; London and Westminster, 474 ; 10f. Miscellaneous--Crystal Palace, 34; Ditto Preference, 4/. London,

3 per Cent Consols shut Danish 3 per Cents 80 3 Ditto for Account 9

Dutch 24 per Cents

64 6 3 per Cent Reduced 11 92 1 _ Ditto 4 per Cents 94 6 New 3 per Cents

Mexican 3 per Cents 211 2 Long Annuities 3,' 4 Peruvian 44 per Cents 68 70 Bank Stock 210 11 Ditto 3 per Cents 48 50 Exchequer Bills 16 19 Portuguese 4 per Cents 44 6 India Stock shut -Russian 5 per Cents 99 101 Austrian 5 per Cents 85 8 Ditto 41 per Cents ' 89 91 Brazilian 5 per Cents 99 101 - Spanish 3 per Cents 881 9 Belgian 41 per Cents 92 4 Ditto Deferred 184 19 Chi 'an 6 per Cents 102 4 Sardinian 5 per Cents 85 7 Danish 5 per Cents NI 5 Swedish 4 per Cents

187'90