28 APRIL 1849, Page 10

MONEY MARKET.

STOCK EIMANGE, FAIDAT AFTERNOON. The business and fluctuations of the English Stock Market have been unim- portant. The variations during the week have not exceeded 1 per cent; the closing quotation of today being the same as last week. Money continues as abundant as before; the rate of interest upon loans for short periods being from 1 tali per cent.

In the Foreign Market, the transactions, with few exceptions, have been of a similarly limited character. Spanish Stock which had been in favour, declined again; while Portuguese Bonds, though not quite so firm, are within a shade of our last rates. From Mexico the intelligence received by the tat West Indian mail is of a favourable character. It appears that of 500,000 dollars recently re_ ceived, 350,000 was advanced to the Government on the security of the customs-duties at Vera Cruz. The amount of duties, however' had mu. mutated so rapidly as to cover the whole of the advance then made. The Government had also instructed its agents, Messrs. Schneider and Company, to apply the whole of the funds in their hands in payment of the dividends. Tss Bondholders who may receive three-fourths of the half-yearly dividend due on lst January 1847, in the manner proposed by the agents, will not therefore be sub- ject to interest at the rate of 4 per cent per annum upon such advance, with which they would have been charged previous to the arrival of the last advices. A small remittance of 1,200 dollars was also received, and the prospects of further sums being remitted is stated to be favourable. It is not, therefore, matter of surprise that the price of the Stock has improved; at one period the quotation reached 32 for Stock, with the dividend, and 30 for the Bonds ex-divi. dend; being an advance of 2 per cent upon our last prices. A decline has since occurred; and at the close of business this afternoon, the quotation was 311 for Stock with dividend, and 291j for the Bonds ex-coupon. The Dutch, Ran. sian, and other Dividend-paying European Stocks, are without change. Neither is there much variation in price or increased demand for the South American Bonds ; the prices of which are on the whole well supported. Some extensive fluctuations have occurred in the Share Market. The report of the Committee of inquiry appointed to investigate the affairs of the Eastern Counties Railway, which had been long expected, was published this morning. In anticipation of the disclosures now made, the Shares had fallen to 8,1; being a de- cline of 108. from the highest quotation of last week. The first price this morn- ing was 84 and 8; but as several influential and extensive sellers soon appeared, a decline to occurred. An upward reaction took place, and the last price was 78 8. The price of the other Hudsonian line, the Midland, has also declined mate- rially; the price today having fallen to 661, from 75, the quotation on Monday. The recent disclosures of committees of inquiry have acted as "a heavy blow and great discouragement" to railway property in general, almost every description of share having fallen. Public faith in these securities seems to be much shaken; and there is little doubt that,in the agonies of what may be almost termed a panic fear, many shareholders will now sell their shares as 'thoughtlessly, at very low prices, as they invested heedlessly at the extravagant rates current during the prevalence of the Railway mania.

3 per Cent. Consols

9J 2 Danish 3 per cents

66 8 Ditto for Account 911 2 Dutch 21 per Cents 50 1 3 per Cent Reduced 901 1 Ditto 4 per Cents 77 8 31 per Cents 914 4 Mexican 5 per Cents 291 lex el- Long Annuities 8 9-16 4 New Grenada

Bank Stock — Portuguese N. 4 per Cents 1842 28 29 Exchequer Bills 44 7 prem. Portuguese Old 1824 74 76 India Stock

Russian 5 per Cents 103 5 Brazilian 5 per Cents — Spanish (Active) 5 per Cents. 161 11 Belgian 41 per Cents — Ditto 3 per Cents 1842

32 i

Buenos Ayres 98 40 Venezuela 25 7 Chillan 6 per Cents 913

The accounts of the Bank of England for the week ending the 21st April exhibit, when compared with those of the preceding week, the following results- BANSINO DEPARTMENT. Increase. Decrease.

Rest £2,335

Public Deposits

£677,316 Other Deposits 34,961 — Seven-day and other Bills 2,608 _ Government Securities, Including Dead-weight — 400,000 Other Securities

14,534 Notes unissued

184,205 Actual Circulation

25,430 —

ISSIJE DEPARTMENT.

Notes issued — 158,785 Bullion — 197,448

This week. Last week.

Total Bullion in both Departments 14,509,888 14,707,336 Actual Circulation 19,077,945

19,052,515

BANE OP ENGLAND.

An Account, pursuant to the Act 7th and 8th Victoria, cap. 82, for the week masa

on Saturday, the 21st day of April 1849. MTN DEPARTMENT.

Notes Issued £27,769,625 Government Debt £11,015,1C0

Other Securities

2,984,900

Gold Coin and Bullion 13,446,056

Silver Bullion 323,569

£27,749,625

£27,789,625 NANKING DEPARTMENT.

Proprietors' Capital Rest £14,553,000 Government Securities, (In-

9,124,487 cluding Dead WeightAnnu1tyl£13,952.211

Public Deposits 2,808,747

Other Securities 10,047,336

Other Deposits 11,815,217 Notes

8,691,680

Seven Day and other Bills .... 1,132,069

Gold and sliver Coin

740,243

£23,421,520

£33,431,620

• Including Exchequer, Savings Banks, Commissioners of National Debt &Difidend Accts.

SATIOLDAT. TWELVE O'CLOOX.

The English Funds are not quite so firm as yesterday; Consols both for Money and Account being 918 92. No transactions of importance have, however, yet occurred. In the Foreign Market, the attention of both brokers and jobbers is directed to arrangements for the settlement of Monday, and but few transactions either in Stocker Shares are as yet recorded; prices may therefore be considered as nominally the same. In the Share Market, Eastern Counties are quoted at 71 8, and Midland at 64 to 66.