MONEY MARKET.

STOCK EXCHANGE, FRIDAY APTEANOON.

The English Stock Market has been very firm, and continued so till Wednes- day; Consols for Account having reached 89i. A downward reaction then set in, which lasted till the price had fallen per cent: the market then improved slightly, and after fluctuating today between 88i and 89, the closing quotation is 881 89.

he books of the Three per Cent Consols, and all those Stocks upon which di-

vidends became due today, will open for private transfer tomorrow, and the divi- dends will be paid to the public on Monday next. Money is nearly as abundant as ever. A slight demand has been remarkable during the last day or two in consequence of the payments made on account of the quarter's revenue into the Exchequer ; but with the issue of the Dividends on Monday this will cease. The highest rate obtainable upon securities of the first class, either by way of loan or discount, is 3 per cent. It was expected that the Bank Directors would have reduced their rate of discount yesterday: but .they did not.

A meeting of Peruvian Bondholders was held yesterday, to receive the amended propositions for conversion, conceded at the instance of the Committee of South American Bondholders by M. Osma, the agent. These are—that the dividend upon the capital of the debt should commence in October next, instead of December; and that the first dividend of the Deferred Stock should become payable in Octo- ber 1852, instead of 1854. The original propositions as thus amended were al- most unanimously acceded to. The debt of the Republic will now consist of

The original capital of Loans already created, amounting to £1,816,000 136 per cent of Dividends now over-due upon the above, con- verted into Deferred Stock at 75 per cent 1,879,565

Or in round numbers, nearly 3,700,000/. There has not been much fluctuation in the price of the Stock, which has varied between 48 and 51, and is today 49 to 51. All the Non-dividend South American Stocks continue in demand at prices slightly in advance of last week; but nothing has occurred in them requiring spe- cial notice. The Dutch and Northern European Bonds continue to improve, and are in moderate demand. Spanish Stock was for a short period depressed by the rumoured defeat of the Queen's Army by Cabrera; but as this news needs con- firmation, prices have resumed their former level. Rather more business than usual has occurred in Portuguese Bonds, and at better prices; the approaching payment of the dividend in February giving increased currency to the Stock. The Railway Market has been steady, with an upward tendency, though prices are not so high today as on Monday. It is stated that the Directors of the Bank of England have renewed a loan of 300,0001. to the North-western, and another of less amount to the Brighton Company; and this report has tended to give firm- ness to the market. The Preference Shares seem still to continue in demand; and relatively the prices of some of them are improved. Upon the whole, the appearance is decidedly better than it has been for some time; and though the business transacted has not been large, it has been of a safe character.

The accounts of the Bank of England for the week ending the 30th December exhibit, when comp Ired with those of the preceding week, the following results— BANKING DEPARTMENT. Increase. Decrease.

Rest

Public Deposits £2,498 26,055

Other DeNsits

£79,638 Seven-day and other Bills 4,657

Government Securities, including Dead-weight 110,356

Other Securities 143,418

Notes unissued

212,375 Actual Circulation 254,175

ISSUE DEPARTMENT.

Notes issued 41,800

Bullion

46,027

This week. Last week.

Total Bullion in both Departments

14,954,649 15,000,676

Actual Circulation

17,129,63.5 16,875,460

SATURDAY, TWELVE oeence.

This being the first transfer day, money transactions have been resumed in Three per Cent Consols, after an interval of nearly five weeks. Though the transactions have been numerous, they have not occasioned any change in price; the quotation being the same as yesterday, and the price of Consols both for Money and Account being steady at 88i, 89. There is no change in the Foreign Market. The Railway Shares are without material variation; the following being the principal bargains yet recorded : Chester and Holyhead, 22i; Eastern Coun- ties, 12 lid; Great Northern, 9; Brighton, 33; Midland, 87; North Stafford- shire, lli h ; Scottish Central, 26a.

3 per Cent Consols

Ditto for Account 3 per Cent Reduced 3} per Cents Long Annuities Bank Stock '

a 9 88; 9 88; 9 891 8 88 11-16

Danish 3 per Cents Dutch 21 per Cents Ditto 4 per Cents Mexican 5 per Cents 1846 New Grenada Portuguese N.4 per Cen ts 1842

66 9 49 9 76 } 254

13 14 25} 6} Exchequer Bills 37 42 pm. Portuguese Old 1824 69 71 India Stock

Russian 5 per Cents 102 4 Brazilian 5 per Cents 75 7 Spanish (Active) 5 per Cents 131 141 Belgian 44 per Cents

74 6

Ditto 3 per Cents 1842 261 71 Buenos Ayres 24 6 Venezuela 18 20 Chilian 6 per Cents 87 9

BANK OF ENGLAND. An Account, pursuant to the Act 7th and 8th victoria, cap. 32, for the week ending on Saturday, the 30th day of December 1819. ISSUE DEPARTMENT.

Notes issued £28,226,595 Government Debt £11,015,100

Other Securities 2,904.900

Gold Coin and Bullion 13,718,696

Silver Bullion 507,900

£28,226,595

£28,226,585

BANKING DEPARTMENT.

Proprietors' Capital £14,553,000 Government Securities, (1n- Rest 3,382,800 eluding Dead WeightAnnuity)£13,591,518 Public Deposits' 8,598,118 Other Securities 10,957,933 Other Deposits 8,871,435 Notes 11,096,960 Seven Day and other Bills .... 972,112 Gold and Silver Coin 725,051

£36,377,465

£36,377,465 • Including Exchequer, Savings Banks, Commissioners of NationalDebt &Dividend Accta.,