29 MARCH 1856, Page 8

MONEY MARKET.

STOCK EXCHANGE, FRIDAY AFTERNOON'.

The delay in the announcement of the treaty of peace, and the fact that the armistice will terminate on Monday' have produced some impatience among the operators in the Funds ; and sales have been effected for both Money and the Account, causing occasional flatness. The French Funds have also been dull. The holders of the new Loan and Exchequer Bills funding have been preparing for the payments due tomorrow ; which will absorb 2,150,0001. The transfer-books being closed at the Bank of England for Stocks paying dividends in April, there are fewer securities available for conversion into cash : there has consequently been a greater demand for money in the discount-market ; in the Stock Exchange it is dearer- 6 per cent having been paid for loans. Consols have been 1 lower ; they were done on Wednesday at 94 Today they have ranged from 921 to 1; leaving off at 921 1 and 921 for Account. Exchequer Bills have not altered. Gold has arrived from Australia, and further sums are daily expected ;. but there seems little probability of retaining more than a small portion in this country, as the purchases for transmission to Paris, which have been in operation for many months, still continue. This re, moves the impression that the Bank contemplates any immediate reduction in the rate of discount. On the other band, small parcels of coin arc fre- quently transmitted from Paris ; the favourable appearance in the ex- changes is maintained at most of the Continental cities, and some further amounts of silver are expected from Hamburg. On Monday there was a decline of between 3a. and 4g. in the Corn-mar- ket. The gold and specie arrivals have comprised 291,1641. from Australia,. and 65,0001. from America. The average amount of bullion in both' de- partments of the Bank of England for the month ending the 16th February was 10,549,548/. ; a decrease of 2811. compared with the preceding month, and a decrease of 2,173,664/. in comparison with the same time last year. In Foreign Stocks there has been only a moderate amount of business - • great steadiness has prevailed, and the value of the leading securities has . been maintained. Russian Four-and-a-half per Cents, 1 better. Forma- able advices were received from Lisbon on Tuesday, of the progress of Min-- isterial arrangements regarding the foreign debt of Portugal. The propo- sition respecting the payment to the Bondholders of a fractional sum up, to. 1 per cent from the future profits of railways, and for which certificates Will be given, it is expected will be acceded to. In Railways, 'less activity has been displayed, and up to Wednesday there was, tendency to heaviness : yesterday and today- iliee has been an im- provement in some cases. Preparations for the settlement of the Account tomorrow have Occupied much attention among dealers. London and North- Western is 1001, which is 68. lower than last week. The following -have advanced—South-Eastern, 1/. 10a. ; Lancashire and Yorkshire, 11. 58. ; Great Western, 10a. Midland, 6.. In French Shares, Eastern of France is 10a. and Paris andLyons 5s. higher. SATURDAY, Twines O'CLOCK., The English Funds are steady this morning atyesterday's quotations. Consols for Money are 921 1, and for Account 921. Exchequer Bills, 1 discount 1 premium. The bullion return by the Bank of England shows a decrease of 180,8541. Specie was received yesterday from New York to the- extent of 55,0001. In Foreign Stocks there is nothing doing. Railways are a little stronger.. Caledonian 61; great Western, 63; Lancashire and York shire, 86 ; London and North-Western, 101-; Midland, 721; North British, 34; North-Eastern—Berwick, 77.

SATURDAY, ORE o'Ci.ocs.

The English Funds have slightly advanced, and Consols for Money are 1 better, closing for Money at 921 /, and for Account 9211. Exchequer Bills 1 discount 1 premium. Exchequer Scrip has been done at 24 pre- mium. The calls on the new Loan and Exchequer funding due today, forming the total of 2,150,0007., consist of 25 per cent on 5,000,0001. of the Loan, amounting to 1,250,000E, and 30 per cent on 3,000,0001. of Exchequer funding, amounting to 900,0001. In Foreign Stocks, Equador New Con- solidated has been done at 144, Grenada Active 21121, Ditto Deferred 63, Venezuela 28, Ditto Deferred 121. Railwayi have continued firm—Caledonian, 601 ; Eastern Counties, 91 ;. Edinburgh, Perth, and Dundee, 26; Great Southern and Western (Ireland), 104; Great Western, 63; Ltinceshire and Yorkshire, .86 ; London and, Blackwell, ; London, Brighton, and South Coast, 101 ; London and North-Western; 101;-"- London- and 'South-Western 94; Midland,' 73 ;: North British, 331; North-Eastern—Berwick, 771'; Ditto York, 551;' Shropshire Union, 46/ ; South Devon, 131; South-Eastern, 711; East Indian Extension, 215 ; Great Indian Peninsula, 21 ; Great Western of Canada, 25 ; Madras Guaranteed 41 per Cent, 205; Sambre and Meuse,. 14 Mines—Brazilian Imperial, (issued at 61. prem.,) 21 ; Ditto St. John del Rey, 261. Joint Stock Banks—Australasia, 98 ; Ottoman, 55. Mis- cellaneous—Canada Government 6 per Cent January and July, 1091 ; Royal Mail Steam, 801.

3 per Cent Consols Ditto for Account

3 per Cent Reduced

New 3 per Cents Long Annuities Bank Stock Exchequer Bills India Stock

Austrian 5 per Cents Brazilian 5 per Cents Belgian 45 per Cents Chilian 6 per Cents

Danish 5 per Cents Danish 3 per Cents

Mr. Henry Luard, general manager of the London and County Bank, has resigned ; he has been provisionally succeeded by Mr. William M'Kewan, his deputy. The Time., states that Mr. Luard's retirement has no con- nexion with the affairs of Sadleir : Messrs. Freshfield have pronounced the securities deposited with the bank by Sadleir to be all perfectly regular.

The measures for an amalgamation of the Chartered Bank of Asia with the Mercantile Bank of India are proceeding favourably.

en

921 shut

shut - shut 1 dishut

s. 1 pm.

shut - 87 90 101 3 95 7 102 4 101 3 83 6 Dutch 25 per Cents Ditto 4 per Cents Mexican 3 per Cents Peruvian 45 per Cents Ditto 3 per Cents Portuguese 4 per Cents

Russian 5-per Cents

Ditto 45 per Cents Spanish 3 per Cents Ditto Deferred Sardinian 5 per Cents Swedish 4 per Cents Turkish 6 per Cents Ditto 4 per Cents Guaranteed 85

63 94 20 78 56 48 103 93 445 245 93 87 97 100

5 6 60 8 50 ' 5 55 5 90 At the annual meeting of the British American Land Company, on Wed- nesday, a dividend of A per cent for the year was declared. The report of the state of the Company s affairs was satisfactory.

The average number of wrecks on the coasts of the United Kingdon ex- ceeds 500 yearly : a company has been formed,—with limited liability, capi- tal 60,000/.,—to carry out a patent of Captain Stephen Smith for the reco- very of these sunken vessels.

BANK OP ENGLAND.

An Account, pursuant to the Act 7th and 8th Victoria, cap. 12, for the week ending on Saturday, the 22d day of March 1856.

13.2 IMPAILTIIIMET.

Naha tuned

s £24,221,823 Government Debt £11,015,100

Other Securities 3.459,900

Gold Coin and Bullion 9,746,825

Silver Bullion

£24,221,825

£24,221,823

ZAN LINO nlrAAAAA T.

Proprietors' Capital Rest £14,553,000 3,813,664 Government Securities (Inclu- ding Dead Weight Annuity). £11,951,006 Public Deposita' 5,638,865 Other Securities 18 425,297 Other Deposits 12,107,013 Notes 5,836,745 Seven Days and other Bills... 726,362 Gold and Silver Coin 625,886

£36,838,934

£36,838,934 Including Exchequer, Saving-Banks, Commissioners of National Debt, &Dividend Accts.