MONEY MARKET.

ST0118 RECHARGE, THURSDAY AFTERNOON.

As Good Friday is a close helyday in the City, our usual report must be made up this afternoon: and, as far as relates to the English Funds, it may be dismissed say briefly, for not a single transaction of importance has occurred; the only fluctuation being in Bank Stock, which has been done at 215% and 216; while Exchequer Bills are lower, and have fallen this afternoon to 59s. premium. The proposal for limiting the hours for the transaction of bargains at the Stock Exchange from half-past ten to half-past three o'clock, was unanimously adopted bythe Committee of that establishment on Wednesday last; and the new regula- tion is to take effect from the 26th instant, the commencement of the Stock Ex- change year.

In the Foreign Market, the Stock transactions have not been of much im- portance. An_exception must be made in favour of Converted Portuguese Bonds; in which some very extensive transactions have occurred, at an advance of nearly 2 per cent upon our last prices. The exciting cause of the advance is the arrival of the Commissioner charged with receiving the assent of those proprietors of Portuguese Bonds who are willing to convert their present Stock into a perpetual Four per Cent debt. No formal notice baud been issued by the Government-agent; but it is understood that the conversion of the present Stock now bearing interest at the rate of 3 per cent, with a prospective increase of % per cent in the amount of dividend every four years, into a perpetual Four perStock, is to be at the option of the bondholder; and that all parties availing themselves of the pro- posed increase will receive a dividend in July next at e rate of 4 per cent per annum, instead of the present rate of 3 per cent. Spanish Bonds are firmer; as are Mexican and Brazilian; but the transactions have been of a trifling cm- The business of the Railway Share Market has been extensive; and has chiefly taken the form of deep speculation in those undertakings now passing the ordeal of the Parliamentary Committees. The most extensive transactions have occurred in Chumet Valley, Caledonian, Shrewsbury, Cornwall, and South Wales. In almost all these, with the exception of Caledonian, prices, after some not very im- portant fluctuation, are lower than last week, though not materially. The more important lines are well supported, and prices generally on the advance. Lan- caster and Carlisle have risen about M. per share, being now above 20s. premium per share; and Trent Valley have declined about 51. The larger French Shares are without material change. Those of the Paris and Lyons (Lafitte's) have been in good demand, and have advanced about 15s.: the other minor varieties are nearly the same. To the numerous schemes of Foreign Railways we may now add a Spanish one—viz, that of the North of Spain. This Company is an oftkhoot of the Asturian Mining Company; the same gentleman hfr. Richard Italy, being the originator of both. In consideration of the novelty of the experi- ment, the Goeenunent of Spain have conferred very great privileges upon the Company; and the scheme itself appears to be a favourite with the speculative portion of the public • for though no allotment of shares has taken place, a large amount of business has been transacted in them, at a premium of between 2/. and

per share.

The settlement of the Foreign Stock and Share Account occurred on Monday; and the extent of the transactions then requiring arrangement has been unequalled on ainy occasion during the last ten years: indeed, an absolute adjustment in one day was quite impossible, and the settlement yeas prolonged into Tuesday, and can hardly be said to be yet finished. This did not erne from deficiency of means in any of the parties concerned to meet their engagements, but from the physical impossibility of completing the mere mechanical operations of re- ceipt and delivery within the usual hours of business.

SATURDAY, TWELVE O'CLOCK.

-We have so little business doing either in the English or Foreign Funds that oar duty is confined to the quotation of the following prices, many of which are nominal The Railway business is both extensive and general, as will be seen by the following record of business actually occurring: Caledonian, 9110; Cambridge and Lincoln, 611; Chnrnet Valley, 7; Chester and Holyhead, Diss and Beceles, 21; Direct Northern, 44 4%; Eastern Counties, 2114; Eastern Union, Extension, 34; Birmingham, 233; South-western, 80 791,- Hull and Selby, Half-shares, 15%• London and York,_81; Great Southern andWestem, Extension, 8% 9; Great Western, Half-shares, 101; Brighton, 63% I; Croydon, lei ; Newcastle and Ber- wick, 14k; Rugby, 4% 4; Shrewsbury, 44 4; South Devon, 20 14; South Wales, 64; Trent Valley, 17%; West Cornwall, .4% 1; Boulogne and Amiens, 12% 11*; Orleans and Bordeaux, 101 4; Pans and Lyons, (Lafitte,) 41; Ditto, (Ganneron's,) 24; Paris and Lyons, 24; Rouen and Havre, 4; Sombre and Meuse, 6.

The English Funds are unchanged. The only variation in the Foreign Market is in Portuguese and Spanish Stock, both of which are slightly lower: the former has been at 674, but closesat 68 to 69; of the latter the Active close at 294 304, and the Three per Cents at 40% 4.

With a few exceptions, the prices of Railway Shares are rather firmer. We have the following additional -bargains to report: Birmingham and Gloucester, 134; Bristol and Exeter, 82; Churnet Valley, 74; Cambridge and Lincoln, 7; Cornwall, 24 4; Dublin and Belfast, 64 6; Dublin and Galway, 8; Eastern Counties, 214 2; Eastern Union, Extension, 34; Edinburgh and 'Glasgow, 61%; Ditto, Quarter-shares, 154; Great Southern and Western, (Ireland,) 121 14; Di ,tto Extension, 9; Lancaster and Carlisle, 34; Birmingham, 234; Ditto, New Thirds, 434; Ditto, Quarter-shares, 814; Brighton, 63 1; Croydon, 14 ; Birming- ham and Derby, 107%; Newark and Sheffield, 4,4; Newcastle and Darlington Junction, 44; North British, 17 16+; Ditto, New, 44; Norwich and Braon, 161; Ditto, New, 44; .Rugby, 444; South Devon, 21 20; South-eastern and Dover, 434; South Wales, 61 4; Trent Valley, 171; Lyons and Avignon, 84; Orleans and Bordeaux, 11; Paris and Rouen, 454; Paris and Strasburg, 24 4.

per Cent Consols • • • • - • • •

991 .100

Columbian ex Venezuela... 14 1 Ditto for Account 100 1 Danish 3 per Cents 90 91 3 per Cent Reduced shut Dutch 21 per Cents

631 1

31 per Cents shut Ditto 4 per Cents

Long Annuities shut Belgian 21 per Cents

blev..sti b Cents

per 99i 1 Bank Stock ter Amount - . - ' 916 16 Exchequer Bills prem. V9 61 361 7 171 1 Ditto Deferred

.shut

India Stock Portugoese New 5 p. Cts. 1841 68 69 Brazilian .5 per Oenta,..• • •• 9099 Russian 6 per Cents

116417

Belgian 41 per Cents 101 3 Spanish (Active) 5 per Cents 291 301

Milian 6 per Cents 100 '9

Ditto 3 Cents 1842 401 1

SATURDAY, Two o'crocx.