MONEY MARKET.
STOCK EXCHANGE, FRIDAY APTIRNOON.
Notwithstanding some large purchases of Three-and-a-quarter per Cents, the prices of the English Funds have not been supported. Consols were till this morning steady at 100/ both for Money and Account ; but on the set- tlement of the Consol Account today have declined to 100k, and close at 100k 1, with a heavy market.
It is evident that the public generally are not investing in the English Funds; Stock being daily brought to market, and the demand for money in the Stock Exchange among the dealers in English Stock being continually on the increase. The rate of interest paid is, however, utterly insignificant; about 500,000/. having been lent from day to day by one broker at the rate of 1 per cent per annum. It is fair to infer from the rise in the prices of the Railway Shares both Foreign and English, and the improvement m those of the better classes of Foreign Stocks, that capital is diverted to these chan- nels of investment; a result which has always been the effect of a rumoured reduction in the rate of interest paid upon the National Debt. It is rather to be hoped than expected that these investments may turn out more for- tunately than on previous occasions.
The Foreign Funds have all been in steady demand ; the Russian Four- and-a-half per Cents, Dutch Four per Cents, and Two-and-a-half per Cents, being about 1 per cent higher ; while Sardinian Stock has advanced in the same degree. Spanish and Portuguese Stocks are without material change ; the latter heavy. The advises from Mexico are unsatisfactory ; the best item of the intelligence being a communication from Messrs. Baring, that they have received, or are about to receive, the greater portion of the sum ad- vanced by them to pay the January dividends upon the Three per Cent. Stock. The price of the Stock has consequently declined nearly 1 per cent. Railway Shares are all higher ; the advance upon the principal lines having been from 2/. to 5/. The Lancashire speculators appear to have embarked in the French lines : some large speculative purchases were made, it was said on the above account. The aspect of the French Share Market is com- pletely changed : Shares have become abundant., while in many cases, at the settlement of the account yesterday, money was in demand upon the deposit of Shares at the rate of 4 per cent per annum and upwards.
SATURDAY TWELVE O'CLOCK.
The opening price of Consols was 1001 k for Money and 100k 1 for Ac- count ; the market has since been steady at that quotation, with but little doing. A rise occurred in the French Funds in Paris yesterday, where the Railway Shares also improved generally from 5 to 10 francs. There
is, however, no change in the prices of Foreign Stock here, most of the current varieties being at yesterday's quotations, with but few trans- actions. The Railway Share Market is heavy, and most of the more im- portant shares are at lower prices. The following are the principal transac- tions—Aberdeen, 291; Great Northern, 126; Caledonian, 461; Great South- western, Ireland, 461 ; East Anglian, 41; Great Western, 1051 ; East Lan- cashire, 20!; Lancashire and Yorkshire, 87 6!; Edinburgh and Glasgow, 72 1 ; North-western Quarter-shares, 321 1 ; North-western Fifths, 171; South-western, 1011; Midland, 79 81; North British, 351 6; North Staf- ford, 121 +; Oxford, Worcester, and Wolverhampton, 241 5; Scottish Cen- tral, 76. 1 SA1VRDAY Two o'Ccocx.
The English Stock Market closes rather more firmly than in the morning ; scarcely any business of importance has occurred. The transactions in the Foreign Market have not caused much fluctuation, though the prices of the better classes of Stock are rather higher. The following is the record of actual business—Austrian Scrip, 6 pm. ; Brazilian Five perCents, 102; I Chilian Six per Cents, 1061 51; Ditto Three per Cents, 721; Equador, 41; I Grenada, 21/ 1 ; Ditto Deferred, 91 1; Mexican Five per Cents, 32; Ditto Three per Cents, 2541 25; Peruvian Six per Cents, 1041; Russian Four-and- a-half per Cents, 104 31 ; Sardinian Five per Cents, 951 1 i 11; Spanish Three per Cent Deferred, 221 4; Venezuela, 434; Austrian Five per Cents, 83/ ; Dutch Four per Cents, 97/. The Railway Shares have been extensively dealt in, at rather lower prices ' than yesterday. Great Western North-western, and Lancashire and York- shire, being all from 1/. to 2/. lower. The minor varieties are all heavy. The following are the principal bargains—Aberdeen, 291 30 i; Ambergate, Notts, and Boston,'7 1; Bristol and Exeter, 106 7; Caledonian, 461 6 1 5f 6; Chester and Holyhead, 241 1 ; East Anglian 251. L. and E. and L. and D., 4!; Eastern Counties, 111 1 1 1 ; East Lancashire, 201 1; Edinburgh and Glasgow, 721 1 ; Great Northern, 89 90; Ditto Half-shares B 6 per Cent, 126; Great Southern and Western, (Ireland,) 461 ; Great Western, 105 1 41; Lancashire and Yorkshire, 87 61; Ditto Fifths, 11; London and Blackwell, 81; London, Brighton, and South Coast, 1091 10 109 1091; London and North-western, 1331 21 133- Ditto Fifths, 171 ; Ditto 101. Shares, M. and B. C., 31; London and South-western, 1011 1/ 1; Londonderry and Ennis- killen, 14; Midland, 791 81 1; Midland, Birmingham, and Derby, 45; Nor- folk, 46 54; North British, 351 6 51 5; Oxford, Worcester' and Wolver- hampton, 241 51 4-1 ; Scottish Central, 76; Scottish Midland, 5747; South Devon, 20+ 1; South-eastern, 761 47 61; South Wales, 411 2; York, New- castle, and Berwick, 77 6; Ditto Extension, 141 i; Ditto G. N. E. Purchase or Preference, 541 1 31 / ; Buckinghamshire, 19i ; Reading, Guildford, and Reigate, 261 1; Caledonian' 10/., 1011 21 ; Chester and Holyhead, 191 1; Eastern Counties Extension5 per Cent No. 1, 11 prem. • Great Northern, 5 per Cent, 161; North British, -15 161 15; Northern of Prance, 251 4- Paris and Strasbourg, 241 1; Rouen and Havre, 131; West Flanders, 31; London Joint Stock, 18f.
3 per Cent Consols 100 I Danish 3 per Cents 81 3 Ditto for Account 100 Dutch 24 per Cents 634 4
3 per Cent Reduced 101 .Ditto 4 per Cents 975
31 per Cents 1044 Mexican 5 per Cents 32 Long Annuities 6; 1516 Ditto 3 per Cents — Bank Stock — Peruvian 6 per Gents 103 105 Exchequer Bills 69 79 pm. Portuguese 5 per Cents1824. 101 3 India Stock — Russian 5 per Cents 118 20 Brazilian 5 per Cents 101 3 Ditto 44 per Cents 1034 4 Belgian 44 per Cents 95 7 Spanish 3 per Cents 49 Chilian 6 per Cents 103 5 Ditto Deferred 225 i Danish 5 per Cents 1054 64 Sardinian 5 per Cents 95 6
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