7 APRIL 1849, Page 10

MONEY MARKET.

STOCK EXCHANGE, THURSDAY AFTERNOON.

The intelligencefrom India caused the English Stock Market to open on Mon- day morning at a considerable advance on the prices of Saturday: Consols for Money were done at 93h, and for Account the price reached 93h; the latter being a rise of j per cent. These quotations were not long supported; a general dis- position for the sale of Stock being evinced. A large quantity was consequently thrown upon the market at the high prices. Reports of the approaching recom- mencement of hostilities in Schleswig and Holstein have since tended to cause a continuance of the decline. These rumours have gained strength today: it is re- ported that intelligence has been received of the despatch by the Prussian Go- vernment of a steamer to warn all German vessels from entering the ports block- aded by the Danes. Consols for Account have been as low as 92. The market rallied again shortly before the close of business, and 92h h may be considered the last quotation.

The Foreign Funds are without any very material alteration; the fluctuations of the various descriptions being mainly governed by those of Consols. The South American Stocks still continue in demand, and the prices of many of them are higher than they were last week. By the last West Indian mail, the formal document authorizing the payment of 500,000 dollars by Messrs. Baring to the Agents of the Mexican Government was duly received. The amount in question has consequently been paid to Messrs. Schneider and Co. It appears that these gentlemen still require about 27,0001. to enable them to pay a single dividend upon the present amount of Mexican Stock in circulation. Under these circum- stances, they have communicated with the Committee of Bondholders, and made a proposal to pay three fourths of the present amount of the dividend now over- due, charging the holders of the Stock with interest at the rate of 4 per cent per annum upon the advance, until the receipt of further remittances on account of the OUVOITIMellt place them in a position to pay the other fourth. It is not pro- bable that the Bondholders will avail themselves of the proposal, but will wait the arrival of remittances for the payment of an entire dividend. The Dutch and Northern European Stocks are rather firmer. Portuguese Bonds are in demand, and at an advance of about A per cent upon our last prices. The Railway Shares are nearly as last week. Great Western had advanced about 41., but the quotations today are nearly the same as those of Saturday. North-western have experienced a decline of about 31. from the highest quotation of the week, and are about 11. lower than on Saturday. The prices of the Foreign Shares are generally well supported. East Indian have declined about 1.5s. per share; a disposition to effect sales predominating among the shareholders. Among the miscellaneous shares, we may notice an improvement in those of the St. John Del Rey Mining Company, which have been done at 121. Australian Bank Shares are rather lower; those of the Bank of Australasia being at 23, after having been at 231; and those of the Union Bank of Australia being today at 234—a decline of about U. srrtranav,-Twitzvw teaser. • The books of the various Stocks the dividends upon which become due today and will be paid to the public on Monday are now open for private transfer, and business has been resumed in them. The transactions of the morning have not been important. Consols opened at 92, have since been done at 92k, and are now 92h both for Money and Account. The market is heavy; the intelligence from Hamburg being unfavourable to the expectation of a peaceable settlement of the Schleswig-Holstein question. The prices in the Foreign Market are nearly the same as on Saturday ; there, is however, but little disposition for business. The Railway Shares are without material change, and no transactions have occurred deserving particular notice.

3 per Cent. Console Ditto for Account 3 per Cent Reduced 3/ per Cents 924 924 90/ / 911 4 Danish 3 per Cents 67 69

Dutch 2/ per Cents 494 504 Ditto 4 per Cents 771 84 ex d.

Mexican 5 per Cents 304 Long AntlnitteS

New Grenada 18 19 Bank Stock

Portuguese N. 4 per Cents 1842 28 29 Exchequer Bills 45 48 prem. Portuguese Old 1824 74 6 India Stock

Russian 5 per Cents 103 5 Brazilian 5 per Cents 78 80 ex. d. Spanish (Active) 5 per Cents . lei 171 Belgian 44 per Cents 80 3 Ditto 3 per Cents 1842 294 304 Buenos Ayres 39 41 Venezuela 27 29 Chillan 6 per Cents 91 94 ex d.