MONEY MARKET.

STOCK EXCHANGE, FRIDAY AFTERNOON.

The transactions in the English Funds have been trifling, and the business, like the prices, has been on a descending scale. The decline in value has been to the extent of about 3 per cent; the lowest quotation of Consols for the week being that of today-92I, and the closing price of the day is 923 for Money and 923 / for Account. This depression proceeds from a continuance of the same cause noticed in our last report—namely, a preponderance of sales of Stock for Money. The rate of interest, however, is without change, and money is abun- dant. Bank Stock is steady between 199 and 200, and is today quoted at 199 and 1601. The last intelligence from India appears to have produced a favour-

able effect upon India Stock, which has today been done as high as 2553. Annuities appear to be well supported; the quotation of today being 9

8 15-16—which is quite as high as when Consols were 3 per cent above the pre_ sent price. From the continued advance in the value of these securities, it would appear that they are becoming favourites for investment; though at the present price capital invested in them will not return more than 33 per cent, while if in- vested in Consols it produces nearly 33 per cent.

The Foreign Market, with the exception of a alight movement in Spanish $tock, has been almost in a state of torpor. Some trifling improvement has occurred in Mexican Stock, which is again firmer. Portuguese Four per Cent and Three per Cent Bonds are now quoted without dividend; and reference being had to that deduction, the prices of both are without change; the present quotation of 281 ex-dividend for the Four per Cents being equivalent to our last price of 303 with dividend, and that of the Three per Cents 263 27 ex-dividend being equivalent to our last price of 28 to 3 with dividend. Danish Five per Cent Stock maintains its recent improvement; this day's quotation being 98, which is equivalent to a premium of 12 per cent for the Scrip. Russian Bonds are also improving, and have today been done as high as 1063. Dutch Stock is rather heavier, with very few transactions.

The business of the Railway Share Market has been unimportant, and not such as to require any remark. Almost all the principal lines are lower; and the ap- proaching season of dividends seems to be regarded with less than usual interest, at least there is a total absence of those speculative transactions which in previous years were generally observable at this period.

SATURDAY, Twsmvs °Etna. There is no change or business of importance occurring in the Englieh Funds; Consols opened at the closing price of yesterday, and have continued without variation at the first quotations. The Foreign Market is in an equally quiescent state, the prices here quoted being for the most part nominaL The following are the only bargains recorded in Railway Shares: Caledonian, 283 3; Hull and Selby, 93 923; Midland, 65/ 3; North British, 123; York, Newcastle, and Ber- wick, 203; Ditto, and Newcastle Extension, 133; York and North Midland, 303.

3 per Cent Consols Ditto for Account 3 per Cent Reduced

at per Cents 921 c 921 1 921 931 1

Danish 3 per Cents Dutch 21 per Cents Ditto 4 per Cents Mexican 5 per Cents 68 70 511 811 271 Long Annuities 8 15-16 9 New Grenada 161 171 Bank Stock 199 1991 Portuguese N. 4 per Cents 1842 271 Exchequer Bills 48 51 prem Portuguese Old 1824 78 80 India Stock 253 256 Russian 5 per Cents 105 107

Brazilian 5 per cents

83 5 Spanish (Active) 5 per Cents • 181 1 Belgian 41 per Cents 83 5 Ditto 3 per Cents 1842

341 35 Buenos Ayres

47 9 Venezuela 22 5 Chilian 6 per Cents • • • ......

94 6 The accounts of the Bank of England for the week ending the 28th July exhibit, when compared with those of the preceding week, the following results—

BANKING DEPARTMENT.

Rest Piddle Deposits

Increase.

£5,206 261,115

Decrease.

— Other Deposits

£76,483 Seven-day and other Bills

11,284 Government Securities, including Dead-weight 17,042

-

Other Securities

8,224 Notes unissued 138,194

-

Actual Circulation —

226,289

ISSUE DEPARTMENT.

Notes issued

88,095 Bunton. —

96,553

Taistasek

Last weer.

Total Bullion in both Departments 14,620,610

14,717;193 Actual Circulation 19,497,046 • • • • . 19;723,335

BANK OP ENGLAND.

An Account, pursuant to the Act 7th and 8th Victoria, cap. 82, for the week ending on Saturday, the 28th day of July 1849.

188IIE DEPARTMENT.

Notes issued £27,746,380 1 Government Debt 111,015,100 Other Securities 2,984,900 Gold Coin and Bullion 13,469,814

Silver Bullion 276,165

I

£27,746,380 €27,746,360

BANKING DEPARTMENT.

Proprietors' Capital Rest £14,553,000 3,220.818 . Government Securities, (in-

eluding DeadWeightAnnuity1M4352,877

Public Deposita* 3,031,025

Other Securities

9,649,334 OtherDeposits 11,225,603 Notes

8,249,680

Seven Day and other Bills . ... 1,095,565 1 Gold and Sliver Coin ... 874,260

£33,126,051 I

£83,125,011 • Including Exchequer, Savings Banks. Commisnoners of National Debt &Dividend Accts.