29 JULY 1848, Page 13

MONEY MARKET.

STOCK Exclaim:ix, FRIDAY Arras/mow.

Reports of the prevalence of the potato-blight, in conjunction with the mena- cing aspect of Irish politics, have produced considerable agitation in the English Stocks. Large speculative and other sales occurred; under the pressure of which the prices of the English Funds gave way rather more than 2 per cent. The lowest price reached was yesterday, when Consols fell to 85i both for Money and Account. In the course of the afternoon the truth of the intelligence put forth by the Electric Telegraph Company was doubted, and an improvement of about A per cent took place. This morning, when the falsehood of yesterday's report became apparent, a reaction to 86A occurred: this improvement did not long con- tinue, and, after being at 85k, the closing quotation is 86A. Bank Stock has im- proved in the face of the general depreciation: the price has been as high as 199j, and is today quoted at 198. Money continues very abundant; the rate of discount, and of interest for loans upon good security for short periods, being be- tween 2 and 3 per cent. The Foreign Market is without material change; most of the principal descrip- tions of Bonds being rather lower than last week, in consequence of the fall in the English Funds. The transactions have been on the whole insignificant, and such as do not require special notice. The Railway Share Market has given way slightly, without any symptoms of severe depression: most of the principal Shares are from U. to 21. lower than lest week, and the present appearance is not healthy. The Brighton Company have issued circulars to such of their shareholders as subscribed for their portion of the Six per Cent Preference Shares, offering them the option of taking additional shares to the extent of about one fourth of their original subscription; only about three-fourths of the amount proposed to be issued having been subscribed for. As these Preference Shares still bear a small premium, there can be little doubt but that the whole will be taken np. Nothing. new has transpired upon the subject of the proposed appropriation of the Paris and Lyons Railway by the Preset

Government. The Shares of this and the other French lines were in some slight demand; but that has ceased, and with it the trifling impulse then given to prices.

The accounts of the Bank of England, for the week ending the 22d July, exhibit when compared with those of the preceding week the following results- BANE1Nti DEPABTMZST. Increase. Decrease.

Rest £6,497

Public Deposita

£210,300 Other Deposits

332,166 Seven-day and other Bills

23,352

Government Securities, including Dead-weight. -

400,000

Other Securities

109,192

Notes unissued

37,790 Actual Circulation

104,340 Jesus Dzsiazianirr.

Total Bullion In both Departments 14,108,707 14,263,176 Actual Circulation 19,040,720 19,145,060

SATURDAY, TWELVE O'CLOCE.

There is but little fluctuation and less business in the English Market. Crawls opened at 86k both for Money and the Account, fell to 86k, and are now

86k There is no move in the Foreign Funds. The bargains in Railway Shares have as yet been confined to the following: Great Southern and Western of Ireland, 25k ; Great Western, Half-Shares, 48; Brighton, 311; Ditto, Con-

solidated Eighths, 201.

3 per Cent Consols Ditto for Account 3 per Cent Reduced 34 per Cents Long Annuities Bank Stock Exchequer Bills India Stock Brazilian 5 per Cents Belgian 41 per Cents Buenos Ayres Gillian 6 per Cents

861 f 86i 4 864 f 8fit I 819

29.32 prem.

69 71

68 70 20 3 Si 4

Danish 3 per Cents

Dutch 21 per Cents Ditto 4 per Cents Mexican 5 per Cents 1846

New Granada

Portuguese N.4 perCents 1842 Portuguese Old 1824 Russian 5 per Cents Spanish (Active) 5 per Cents Ditto 3 per Cents 1842 Venezuela 67 71 431 4 70 2 171 4 I 11 124 171 184 64 7 98 100 111 12 214 2 15 18

Notes issued

Bullion 142,130 154,469

This week. Last week.