3 MAY 1851, Page 10

MONEY MARKET.

STOCK EXCHANGE, FRIDAY ArTERNOON.

money is to be had nearly as cheaply as ever, the rate of discount in

bard street being from 21 to 3 per cent, there was the usual expectation of believed that they would recommend an increase of the rate of discount to as soon as it was known on Wednesday that the Finance Committee had prevailing in that city as to the result of the national festival to be held on that the business transacted has been unimportant. Notwithstanding that an augmentation in the Bank rate of discount; which expectation was not, Consols consequently fell about / per cent; but improved to an equal extent Sunday next the 4th instant, has checked the onward course of the English Funds. After very slight fluctuation, the dosing prices are today nearly the same as last week ; Consols being 961 both for Money and Account. The extremes of fluctuation have been 96a and 97; whence it will be inferred however, realized. Thursday was kept as a holyday at the Stock Exchange; but as the Finance Committee of Bank Directors met on Wednesday, it was be formally adopted at the usual weekly meeting of the Directors yesterday.

The continued depression of the French Funds in Paris, and the alarm

Lom- broken up.

In the Foreign Market, some very considerable transactions have been effected in Mexican Stock, but without any material variation in price. Russian Four-and-a-half per Cent Bonds continue in good demand for Pans. and the quotation has ranged between 99i and 991. Dutch and the other Northern European Stocks are steady, with but little doing. Peruvian Stock is not quite so firm as it has been, the demand not being so continuous. The other South American Bonds are without material change. The reports circulated as to the suppression of the Saldanha insurrection in Portugal ap- pear to have been premature. The intelligence that the rebels were in pos- session of Oporto, received this morning via Paris, produced an unfavourable effect upon the price of the Stock, which has declined between 2 and 3 per cent : but the business transacted has been unimportant. Spanish Stock has also suffered, and is now rather lower than it has been for the last two days. The Railway Share Market has recovered from the depression it underwent at the close of lust week ; almost every variety of current share being at least as high as they were on Thursday and Friday last. The settlement of the Account on Wednesday, was also marked by an increased facility in car- rying over shares to the May Account; the continuation being from 1 to / less than for the last two or three accounts. The market is consequently in a much more healthy state than it has been for some time. The transactions in French Shares have not been important. Our market has been heavy during the whole week, and chiefly kept at the present quotations by the purchases of brokers who act for houses connected with France. The traffic on the best French lines has been considerably larger during the present week than for the corresponding period of the past year. The unsettled state of France, however, operates to prevent purchases in these securities; which, under a more favourable aspect of politics, must be considered at pre- sent prices as desirable investments. SATURDAY TWELVE o'Csoca.

There is no change in the prices of the English Funds, which are the same as yesterday. In the Foreign Market scarcely any business has oc- curred. The improvement in the French Funds yesterday in Paris has imparted firmness to most of the Continental Dividend-paying Stocks, which are nominally higher. Portuguese Stock is at yesterday's prices, and Span- ish Stock firmer. In the Railway Share Market the business has not been large, the following being the only transactions recorded—Eastern Counties, 71r.1 ; Great Northern, 181 ; Great Southern and Western. (Ireland), 421; Lancashire and Yorkshire, 64.1 f Ditto Half-shares, 221 j; Norfolk, 27. The French Shares are firmer, especially those of the Northern of France, of which the " compte rendu" produced at the recent meeting of the share- holders is considered very satisfactory.

SATURDAY, TWO O'CLOCK.

The English Funds close at the morning's quotations, the transactions of the day having been insignificant. In the Foreign Market business occurring has been unimportant, the following being the list of actual bargains—Danish Five per Cents, 1021; Grenada, In ; Mexican 351 1; Portuguese Five per Cents, 861 8; Ditto Four per Cents, 321; Russian Four-and-a-half per Cents, 991 1 4; Spanish Active 19k; Ditto Coupons, 81 1; Ditto Passive, 58. The Railway Share Market was firm during the day, but symptoms of weakness were evident just before the close, the last bargains recorded being mostly at lower prices than the previous ones. The transactions in French Shares have been few ; prices, however, have been well supported, and the appearance of the market is improved. The following are the principal transactions recorded—Aberdeen, 151 ; Ambergate, Notts, and Boston, 5; Caledonian, 15,1 ; Ditto New 10/. Preference 6k; Chester and Holyhead Preference, 161-; Eastern Counties. n 1 ; Preference, Lancashire, 171; Great Northern, 181 / ; Great Southern and Western, (Ireland,) 421; Great West- ern, 89 81 j; Ditto New 17/., 14k; Lancashire and 'Yorkshire, 641 4 I ; London, Brighton, and South Coast, 981 98; London and North-western, 130 291 1 ; London and South-western, 90 ; Midland, 641 1 4/ ; Ditto 50/. Shares, 221 a ; North Staffordshire, 10/ 11; South-eastern and Dover, 28/ 28; York, icewcastle, and Berwick, 21k; York and North Midland, 271 sk ; Boulogne and Amiens, 95; Central of France, (Orleans and Vierzon,) 171 ; Northern of France, 15/ ; Orleans and Bordeaux, 31; Paris and Orleans, S31; Paris and Rouen, 241; Paris and Strasbourg, 101 I ; Rouen and Havre, 101; Tours and Nantes, 6.

8 per Cent Consols

Ditto for Account

8 per Cent Reduced 15per Cents f Long Annuities Bank Stock Bitchequer Bills India Stock Brazilian 5 per Cents Belgian 41 per Cents

Chilian 6 per Cents

Danish 6 per Gents

:6i 1

6 1

95 / 6

971 1 —

210 f 50 54 pm. 239 601 88 90 90 2 ex d. 102 104 :

log A

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 Portuguese 5 per Cents 1824 Russian 5 per Cents Ditto 411)er Cents

Spanish (Active) 5 per Cents

Ditto 3 per Cents 1M 2

Venezuela

76 8 581 91 891 35 1 84 5 311 21 87 69 111 113 991 1,00 19 1 39

LI 4