29 DECEMBER 1849, Page 7

MONEY MARKET.

STOCK EXCHANGE, FZIDAY AFTERNOON.

The English Funds have been steady, in the face of some very large transac- tions. The sales of Stock have been very general, in some instances the indivi- dual bargains large. One broker has, it is understood, sold between 600,0001. and 700,0001. Stock within the last three days. These operations are said to be on account of the Scotch Banks, who being large holders are taking advantage of the present high price. All the Stock brought to market is readily bought by the speculators; who are enabled, by borrowing at easy rates of the Bank of Eng- land or private capitalists, to provide the means of paying for it. Mousy is con- sequently rather more in demand in the Stock Exchange; though the rate of discount for first-class commercial bills continues the same. The fluctuation of Consols has not exceeded per cent; the range having been from 96 to 964, and the closing quotation this afternoon being 96} The transactions of importance in the Foreign Market have been almost en- tirely confined to Mexican; which, though undergoing considerable fluctuation and having been largely dealt in, closes this afternoon but little in advance of the closing price of last week-29 II. The dispute between Messrs. Schneider and Co. and the Mexican Ambassador, as to the sufficiency of the funds in the hands of the latter to pay the remaining portion of the dividend due upon the Coupon of 1st January 1847, is still unsettled ; and no intimation has been given of the period when a liquidation of the balance may be expected. The South American Bonds are without material change, and the business in them has been trifling. Portuguese Stock has continued steady at nearly our last quotations. The trans- actions in Spanish Stock have been more extensive than usual, and the Active has recovered in some degree from its recent depression. The Northern European Bonds are all without material change; and, from the scarcity of almost every description of stock to which that appellation can be applied, the transactions have been (as for some time) limited. The Railway Share Market is without any indication of improvement, but is rather steadier than it was last week. For a comparative estimate of the decline in this species of property, we subjoin a list of the prices of some of the principal Shares on the 29th December 1848 and today.

Name of Railway.

Caledonian Eastern Counties Great Northern, 191. paid Great Western Brighton North-western Midland North Staffordshire, 151. paid York, Newcastle, and Berwick York and North Midland South-western

all declined very materially; the depression in the Hudsonian lines being the most remarkable. It will be seen that, with the exception of the Brighton line, the Shares have

Soruanov, Twsz,vs o'CLocet.

The opening quotation of Consols for Account was 96i; the price has since fluctuated between buyers and sellers at that price, and is now 96h t. There is no change of importance or business requiring notice in the Foreign Market. The Share Market is heavy, and there is evidently a disposition to get out of Stock, especially North-western and Midland. The former was freely offered at the commencement of business at 108, and has been bought at 1071; and the latter is offered at 44. Great Western are abort 11. lower, and have been done at 571.

8 per Cent Console Ditto for Account 3 per CentReduced 31 per Cents Long Annuities Bank Stock

shot 961 961 971 1 81 9-16

Danish 3 per Cents Dutch 21 per Cents Ditto 4 per Cents Mexican 5 per Cents 1846 Peruvian 6 per Cents Portuguese 4 per Cents 1842

73 4 66 1 841 5 291 1 56 6 36 .7

Exchequer Bilis 69 60 pm. Portuguese 5 per Cents 1824..

as 4

India Stock shut Russian 5 per Cents 109 III Brazilian 5 per Cents 88 9 Spanish (Active) 5 per Cents . 181 191 Belgian 41 per Cents 86 8 Ditto 3 per Cents 1842 381 91 Chilton 6 perCents 97 100 Venezuela 28 80

Danish 5 per Cents

98 100

Amount of In Detember Share.

50 184 282.

20 12

26

9 100 80 100 63 100

100

124

84

20 10 ... 25 281 50 541 100 81

ru ms. In December

1849.

101 201. paid 67 681 x 79 1091 45

201, paid 7

16 171 61