27 OCTOBER 1849, Page 9

MONEY MARKET.

STOCK EXCHANGE, FRIDAY Arra-lames. The English Funds were steady till this morning; the fluctuation of Consols not having exceeded e per cent, and the closing quotation of yesterday being the ',Ate as that of Saturday. This meriting, with the intelligence of the peaceable settlement of the Russo-Turkish dispute, a slight upward movement occurred, and the price of Consols reached 925, being an advance of 5 per cent, and the closing quotation was 92e 5 both for Money and the Account.. From the limited range of-the fluctuation it will be surmised that the transactions of the week have been entirely unimportant; while the news of today has produced but a very tri- fling effect upon prices. Money continues as abundant, and the rate of commer- cial discount the same as before.

The Foreign Market has been nearly quiescent, the transactions having been extremely limited. Prices have not, however, been quite so well supported, and do not range so high as they did last week. Some agitation occurred among the dealers and speculators in Spanish Stock on the occasion of the change of Minis- try; but the effect produced upon the market was not of long continuance: the Stock fell about e per cent upon the first receipt of the news, but prices have since been Teeetablished nearly at previous rates. The report of the Committee of Investigation of the York, Newcastle, and Berwick Railway, has created a great sensation among the Railway interests. From this document it appears, that from the very first establishment of the railway, in 1844, a systematic falsification of the accounts has been pursued; and that in consequence of the wilful over-statement of the profits by the Directors, the suns of 121,934i. 108. 3c1. more than the profits actually realized has been divided in dividends among the proprietors. The large amount thus divided gave a fictitious appearance of success to the undertaking, and induced the proprietary to em- bark largely in collateral lines of all sorts; by the sale of the shares of which, at the large premiums they then commanded in the market, those persons who were in the secret of the mystification were enabled to realize large sums. Shares are, however, generally higher. The tolls received on almost all the lines for the week ending Saturday 20th October, exceed considerably those of the corresponding week of last year; and a general advance in price has been the consequence. The prices of the more important lines have risen from 1/. to 11., and the smaller varieties are all at a greater or less degree of improvement. There is, however, nothing like an universal revival of investment or speculation, and the business trans- acted has been limited notwithstanding the improved aspect of Railway affairs.

SATURDAY. TWELVE O'CLOCK.

Scarcely any business has occurred either in the English Funds, Foreign Bonds, or Railway Shares; and prices are generally the same as yesterday.

3 per Cent Consols 921 1 Danish 3 per Cetus 72 4 Ditto for Account 924 2 Dutch 21 per Cents 531 4 3 per Cent Reduced 911 i Ditto 4 per Cents 82 3

3; per Cents

921 1 Mexican 5 per Cents 1846... 261 4 Long Annuities 82 7-16 Peruvian riper Cents 52 4 Bank Stock 1971 81 Portuguese 4 per Cents 1842 33 4 Exchequer Bills 41 44 pm. Portuguese 5 per Cents 1824. 80 65

India stock

Russian 5 per Cents 106 103 Brazilian 5 per Cents 82 4 Spanish (Active) 5 per Cents 161 17 Belgian 41 per Cents 86 8 Ditto 3 per Cents 1842 331 44 CliWan a per Cents 93 5 Venezuela

24

26 Danish 5 per Cents 98 100

The accounts of the Bank of England for the week ending the 20th October exhibit, when compered with those of the preceding week, the following results-

BANSINal DEPARTMENT.

Rest

In.-ream

£2,576

Decrease.

?Odic Deposits

£1, I 28,35'0 Other Depolts

319,197 Seven-day and other Bills 63,571

Government Securities, including Dead-weight 35,197

Other Securities

908,767 Notes unissued

362,730 Actual Circulation 465,455

Issue DEPARTMENT.

Notes issued 102,725

Iluiflon

42,3;5

This week.

Last week'.

Total Bullion in both Departments 15,040,120 15,082,495 Actual Circulation 19,048,080 18,682,625