MONEY MARKET.
STOCK EXCHANGE, FRIDAY AFTEENOON.
The near approach of the settling in Consols, and a somewhat increased de- maed for money, have had an adverse effect upon English Securities to the extent of per cent, but with business still dull and languid ; the principal transactions being simply to close old accounts. The first price at the com- mencement of the week in Consols was 981 981 for both Money and the 7th December. On Tuesday the quotation declined early in the day to 98, but upon a purchase of 10,000/. in Reduced, by the Government Broker, on ac- count of the Savings Banks, a rally took place of nearly 1. per cent, after recognized hours however, and on the receipt of lower prices from Paris there was a reaction to the same extent. On Wednesday the Market was still heavier, and several transactions were effected at 971; a partial recovery has since occurred, assisted greatly by additional purchases by the Government Broker, today the amount was 17,0001. There is a heavy tone all round at the close this afternoon. The amount required to meet the applications for the new Chilian Loan, and preparations for the 4th of the month, have doubtless occasioned a few money sales, but the effect has not been immediately perceptible. Bank Stock is dull, 224 226; East India De- bentures are heavy at 996 99g for the first and second issue; New Three per Cents and Reduced, 961 ; Consols for Money and Account, 971 98, and for January, 981 981. This has been a very quiet week in the Market for Foreign Stocks, with the exception of the New Turkish Scrip, there is scarcely any change in quotations, some considerable sales of this stock were pressed upon the market, and bargains were done as low as 1 dis. in the No. 1 issue ; it has, however, since recovered 1 per cent, and leaves off to dia. The New Chili= Loan has been the chief object of attention, on its first announce- ment it was quoted 11 premium, but subsequently declined to 1 premium only ; the letters of allotment were delivered this morning; a purchase of upwards of 200,000/. has caused the market to advance to 1 1 premium. Venezuela Active is also better, 42 43 ; Victor Emmanuel, 99 100; Spanish, 47 471; Portuguese, 47/ 48. The settlement of the Share Account on Monday and Tuesday showed a slight scarcity of stock, and prices had an upward tendency, but only ta a limited extent; the rates for Continuation were nevertheless easier than was at first anticipated. There has not been more than an average business passing all the week, and prices, although better than last quoted, do not show any material alteration. Great Westerns remain at 531 54 ; Midland has advanced to 981 99; London and South-Westerns to 93 931 ; and Manchester, Sheffield, and Lincoln, to 371 381; Brighton are III 112; Caledonian, 431 441 Edinburgh, Perth, and Dundee, 261 27; Berwick, 921 92j; North British, 561 561- ;..Eastern Counties, 624 621; Bristol and Exeter, 921 931.
In Foreign and Colonial shares the transactions have been insignificant, and but little variation has taken place. Great Luxembourgs are dull, at 71 71 ; Paris and Lyons, 341 351 ; Sambre and Meuse, 71 8 ; Lombardo- Venetian, 31 4; and the New Shares, 21 2j; Grand Trunk of Canada shares are now at 371 37f; Great Western of Canada, 171 17f; East Indian steady, 1071 108; Great Indian Peninsula, 211 211. Atlantic Telegraph Shares are gradually giving way, the last price this afternoon being 250 280; Red Sea and Indian Telegraph, 1 / premium.
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