• MONEY MARKET.

STOCK EXCHANGE, FRIDAY AFTERNOON.

The year is not destined to close without further calamity: the failure of an eminent East India house has been declared today. One of the partners in the firm was a Director of the Bank of England, but went out this year by rotation, and would in due course have been elected again in April. The liabilities are to the extent of 430,0001.; but it is hoped that the assets will eventually realize a good dividend. Another failure, that of an American house, is also reported.

The Stock Market has been less firm daring the last few days; though the fluctuation has not exceeded 6 per cent. After advancing about per cent upon the closing prices of last week, a downward reaction occurred, occasioned by sales made by parties connected with Paris, where the Stock market has for some days been heavy. Money, though plentiful at the commencement of the week, was in considerable demand today in the Stock Exchange; an almost general re- sumption of loans having been made by the capitalists, and an additional pressure being occasioned by some extensive sales of Stock for Money. The final result of the week's operations has been to establish the closing quotation of Consols for Account at 85b b, marking a decline of nearly b per cent. During the day, the price has been as low as 85b; but a slight improvement occurred before the close. Exchequer Bills have remained nearly stationary, the premium having fluctuated between 98. and 128. The rate of commercial discount continues the same; and the demand for money, noticed above, seems to have been confined to the Stock Exchange. In the Foreign Market, the most remarkable feature is an improvement in Spanish Stock; both varieties of which improved yesterday, upon the occasion of an extensive purchase, from 1 to lb per cent; the Active Stock having risen from 18 to 194, and the Three per Cents from 30 to 316. The market has not been so firm today; an influential seller having made his appearance: the closing quo- tations, therefore, indicate a decline of 4 per cent upon the highest price. The demand chiefly occurred in Active Stock and that arising from the drawn Deferred Bonds: the Three per Cents were less in favour; though the dividends will be paid in due course. The news from Lisbon by this day's mail has given an impetus to Portuguese Bonds, which have risen from 1 to lb per cent: today's transactions have been more important than any for some time back. Mexican Stock is rather lower; the tenonr of the message of the American President giving but small hopes of peace. The better class of Foreign Stocks may generally be considered as firm at our last quotations; and though no very large amount of business has occurred, the transactions in this department seem to be on the increase.

The Railway Share Market evinced some activity, and the prices of the princi- pal shares had advanced; but the quotations have given way again, and the prices today are nearly the same as thew in our last report. The French and other Foreign Shares are all lower.

The accounts of the Bank of England, for the week ending December 24, exhibit when compared with those of the preceding week the following results—

BANKING DEPARTMENT.

Rest Public Deposits Increase.

£9,163 472,499

Decrease.

Other Deposits

363,773

Beven.day and other Bills

49,586 Government Securities, including Dead-weight 67,053

Other Securities

179,278 Notes unissued 235,040

Actual Circulation

lams DEPART-mg:cr.

64,649

Notes issued 299,680

Bullion 245,150

This week. Last week.

Total Bullion in both Departments

12,236,526 11,991,376

Actual Circulation

17,822.895

17,758,255

SATTIRDLT, Twstvz o'czoos.

The transactions of the morning have been unimportant; the English Stock Market is heavy, at about b per cent below yesterday's prices. There is no change or business occurring in the Foreign Funds. Dutch Two-and-a-half and Spanish Three per Cents are quoted without the dividend. The impetus recently given to: Peninsular Stock does not appear to be maintained. The following are the only bargains as yet recorded in Railway Shares; there is no material change in this department: Buckinghamshire, 36 ex interest; Eastern Counties, York Extension, 73; Great Western, 93; Ditto, Quarter-shares, 164; Ditto, Fifths, 22; Ditto, New 171. Shares, 8; South-western, 514; Midland, 109; Ditto, Constituted Bristol and Birmingham, 6 per cent, 120; Oxford, Worcester, and Wolverhamp- ton, 186; York and Newcastle, New, No. 1, 126; Ditto, No. 2, Newcastle and

3 per Cent Consols Ditto for Account shut.

851 Danish 3 per Cents Dutch 21 per Cents

81 4

54 1 d 3 per Cent Reduced 841 51 Ditto 4 per Cents

856 31 per Cents

86/ Mexican 5 per Cents 1846 • •

173 18

Long Annuities

8111-16

New Granada

18 19

Bank Stock 1861 71 Portuguese N.4 perCents 1842

235 Exchequer Bills

9 12 prem. Portuguese Old 1824

757

India Stock

shut. Russian 5 per Cents

106 8

Brazilian 5 per Cents 80 2 Spanish (Active) 5 per Cents

181 19 Belgian 41- per Cents

87 9

Ditto 3 per Cents 1842 281 83 ad Buenos Ayres

Venezuela 34 Minn 6 per Cents

879

Berwick, 136; York and North-Midland, 73; Paris and Lyons, 56.