17 APRIL 1858, Page 10

MONEY MARKET.

STOCK EXCHANGE, FRIDAY AFTERNOON.

The English Market opened on Monday at the dull prices of Saturday, but soon after experienced an advance of f per cent upon several large purchases made on speculative account. Consols, from 961 I, rose to 961 ; since which the market has only occasionally varied per cent. An ad- vance in the rate of exchange at New York contributed in some measure to the firmness exhibited on Monday ; the receipt of lower values from Paris has every now and then had a tendency to create heavi- ness here, but upon the whole stocks have shown tolerable firm- ness. At the weekly meeting of Directors on Thursday no alteration was made in the Bank rate of interest. Applications for money at the Bank have been decidedly more numerous all the week, but the 'value of money on the Stock Exchange upon Government Securities has been rather lower ; ranging from 14 to 2 per cent. There is really very little legitimate busi- ness just now ; • operators are evidently awaiting the statement of the Chan- cellor of the Exchequer's financial plans. Consols are dull at the close to- day-961 961. Bank Stock, 220 222; Reduced, 95195} ; Exchequer Bills, 341. 39s. The Indian Loan Debentures have been again in good demand, the quotation today being 991 991. Foreign Securities throughout the week have had a drooping tendency, but the actual transactions have been of a most limited character, there being apparently little doing but what was necessary for the settlement of the Account. Turkish Six per Cent has fallen 1 per cent, and the Four-and- a-half per Cent Peruvian Stock f per cent ; the last quotations in most other things arc merely nominal. Mexican, 1420 ; Buenos Ayres, 77 79 ; Peruvian Four-and-a-half per Cent, 81 82 ; Ditto Three per Cent, 5.5f 561 ; Sardinian, 901 91} ; Turkish Six per Cent, 964 971 ; Turkish Four per Cent, 104 1041 ; Spanish Three per Cent, 43} 444. The only exception to the prevailing flatness is in Venezuela Bonds, the feeling gaining ground that the Govern- ment of Monaga.s is near its end ; the stock has improved nearly 2 per cent, leaving off 32} 334. Prices in the Railway Share Market have undergone a considerable fall all round, attributable mostly to bad traffic reports. Great Western and London and North-Western saw a fall of more than 2 per cent, and London and South-Western 1 per cent ; Caledonian, and Manchester, Sheffield, and Lincoln, have likewise fallen 1 per cent—the closing quota- tion in the last line is 35f 364. South-Eastern, 20} 204; London and Brighton, 105 106; Great Northern, 25} 25f. There has, however, been a very unimportant amount of? real business doing in this mar- ket, as elsewhere ; dealers being chiefly occupied about the settlement of the fortnightly Account, which took place yesterday, ; today there is again a stagnation. Midland finally closes 901 91; London and North- Western, 921 93; North British, 54 524; Lancashire and Yorkshire, 87 87f. The French Share Market remains heavy, with an absence of business. Northern of France, 371 38 ; Paris and Lyons, 321 32/. The Indian Mar- ket is steadily improving, the public investing to some extent. East Indian, 111 112; Great Indian Peninsula, 211211.

The English Funds are stationary , scarcely a bargain taking race. Con- sols are as at the close yesterday-961 96f for Money, and 961 for the May Account. Foreign Securities without alteration. Railway hares are a shade firmer this morning, but with no particular business doing.

SATURDAY, TWELVE O'CLOCK.

3 per Cent Consols Ditto for Account 3 per Cent Redaced New 3 per Cents Long Annuities Bank Stock Exchequer Bills, India Stock Austrian 5 per Cents ' Brazilian 5 per Cents Belgian 44 per Cents Chilian 6 per Cents Danish 5 per Cents ..

Danish 3 per Cents 14 96 964 9i 96a 9 954

951 9 1 11-1 220 222 34 39 220 223 90 93

100 102 99 101 102 104 101 103 82 84 Dutch 24 per Cents 65 66 Ditto 4 per Cents 98 99 Mexican 3 per Cents 194 20 Peruvian 44 per Cents 81 83 Ditto 3 per Cent 55 57 Portuguese 3 per Cents 1853 45 46 Russian 3 per Cents 109 111

Ditto 44 per Cents 99 101 Spanish 3 per Cents 436 1 Ditto Deferred 26 26 Sardinian 5 per Cent* 90 92

Swedish 4 per Cents 81 84 Turkish 8 per Cents 96 97

Ditto 4 per Cents Guarauteed 104 i

BAN% OP ENGLAND. An Account, pursuant to the 7th and Mh Victoria, rap. 52, for Urn welch ending on Wednesday the 14th day of April 1814. Ms/ DEraILT1ILDT.

Notre issued 031,462,650

I Government Debt

Other Securities.

Gold Coin and Ballion Sliver Ilullion 411,015,100 304,900

17,487,610

131,962,630

43 i,962,650 1

...DOD D 44444 >MDT.

Proprietors' Capital 414,553,(9■0 Government Securities (lochs.

Hest 3,158,366 ding Dead Weight Annuity). L9,743,284 Public Deporits• 2,989,469 Other Securities 16,106,494 Other Deposits 16,915,907 Notes 11,481,635 Seven Days and other Bills... 836,310 Gold and Silver Coin 813,679 538,451,092 139,453,092 • Including Exchequer, Saving-Banks, Commissioners of National Debt, A Dividend Acct.

It would appear that a settlement of the dispute respecting the Manches- ter and London traffic between the North-Western and Great Northern Railways, has been prevented by the net alone of Mr. Denison, the Chair- man of the Great Northern. When the deputies from other Companies had brought the arbitration to what seemed a reasonable termination, kr. Denison upset everything by refusing to consent to the vital point of the settlement, rates and fares, and proposed to refer it to the consideration of the traffic managers of the two Companies:—throwing the whole matter back to where it was originally.

Messrs. Calvert and Co.'s difficulty originated in an attempt to dispose of some landed property with a view to bring more capital into the huffiness ; the publicans • became alarmed, and called for their deposits. The firm now ask for two years' time from the depositors, as a sudden realization of freehold and leasehold property would cause a great sacrifice.

The inspectors of the estate of Messrs. Sanderson, Sandeman, and C.

i

have announced the payment of a first dividend of 58. in the pound,

The creditors of the Western Bank of Scotland are to receive a first in- stalment of 10s. in the pound at the beginning of next Month.

The exact proportion of the new Indian Loan on which there was default in the payment of the first instalment on the 8th was 403,0001. Since that day some of the parties have offered to pay, but have properly been refused permission. It is believed there is no immediate intention to put forth either this amount or the 200,0001. for which the subscriptions originally fell short, the sums already in hand being more than will be required for several months. The balance which the Company will have power to issue under the authority of the recent act ie now 3,603,0001. On the subscrip- tions just accepted numerous payments in full continue to be made.—Times.