MONEY MARKET.

STOGIE EXCHANGE, FRIDAY Arrmtamos. The Consol Market opened on Monday at considerable depression, owing to increased political distrust with regard to Italian affairs. Independently of politics there would seem to be just now everything to encourage im- provement; the first quotation was 941 94i, which has been followed by a further decline to 941 94a for Money 941 941 for llth April. The Savoy question has kept the markets in a constant state of uneasiness, the ten- dency at such times being always downwards. Today after the final settle- ment of the March Consol Account, a somewhat better feeling is manifest and an advance from 94194f buyers has occurred. Indian Rupee Stocks have again been in demand, and closed at a further improvement. Money has been plentiful, and loans obtainable on the Stock Exchange at much easier rates. The late discussions in Parliament have tended materially to produce the present depression. Reduced and New Three per Cents shut ; Bank Stock, 229 231; India Five per Cent Stock, 103f 104/.

The Foreign Market has been rather more active, and prices generally close at an advance upon last week. Mexican Bonda have risen about f per cent, and nearly all other stocks show a slight improvement. Sardinian, however, has receded 1 per cent, and the Market still heavy. Business to- day is quiet, and closes with rather a dull aspect. Peruvian Four-and-a Half per Cent, 92 93 ex div. ; Peruvian, Three per Cent, 72 73; Ditto, Uribarren, Four-and-a-half per Cent, 831 841; Ditto, Dollar Bonds, 811 821; Mexican, 22 221 ; Buenos Ayres, 82 84 ; Ditto, Three per Cent, 22 23 ; Venezuela, Three per Cent, 261 27 ; Brazilian, 93 94 ; Turkish Stocks have been active, and leave off for the Old Six per Cent, 791 80; and the New, 62 621. Victor Emmanuel, 92 93 ; Spanish, 441 45 ; Portuguese, 44 441 ; Grenada, Active, 15 16; Ditto, Deferred, 41 5.

There has been a good amount of fluctuation in the British Railway Mar- ket, establishing finally a decline in quotations all round ; the transactions recorded, however, are few in number when compared with the variations of the week. The leading lines are as follows :—Chester and Holyhead, 51 52 ; London and North-Western, 97 971 ; London and South-Western, 91. 92 ; North British, 60 601 ; Lancashire and Yorkshire, 98 981 ; Great Western, 671 671; Great Northern, 107/ 1081 ; Caledonian, 93 931; Lon- don and Brighton, 110 112 ; North Stafford, In 141; South-Eastern and Dover, 88 881; Berwick, 911 911 ; Blackwell, 6869; Manchester, Sheffield, and Lincoln, 401401. French Shares have been flat, and the Lombardo- Venetian particularly so, in consequence of an impending call ; the last figures are only, 1 11 p.m. ; Paris and Lyons, 35 351; Paris and Strasbourg, 2.51: Northern of France, 36 361. There has been only a moderate business passing from the commencement of the week. Indian Shares are dull owing principally, to absence of investments. East Indian, 101 1011 ; Great Indian Peninsula, 981 99 ; Bombay and Baroda, 961 981.

BANE OF ENGLAND. An Account, pursuant to the 7th and 8th Victoria, esp. 32, for the week ending

on Wednesday the 7th day of March 1860. wars DirlATICENT.

£28,989,503 Government Debt £11,016,100 Other Securities 3,459,90) Gold Coln and Bullion 14,514,505 Sliver Bunion

£28,989,505 £38,983,605 Bennllte DZPARTNEYT.

Proprietors 'Capital E14,553,000 Government Securities(inclu •

Best 3,722,437 ding Dead WeightAnnulty). £10,171,110

Public Deposits' 8,841,365 Other Securities 20,953,897

Other Deposits 12,336,611 Notes 8,320,150 Seven Day sand other Buis . 697,452 Gold and Silver Cola 705,583

£40,150,925 £40,150,925

• Including Exchequer, Saying-Banks, Commissionersof National Debt, and Div. Acct.

The steady rise of railway shares continues. The magical "100" ap- peared at one time as if it would never be reached again—all lines were be- low, but now one after another advances, and our list shows a pleasant dis- play of prosperity.

In the United States the same dreary struggles have been experienced, and the same success is promised. The Erie, whose proprietors in Great Britain are some thousands in number, with interests reaching two millions sterling, and whose career has been a troubled one, is now in sight of smooth water. Much of its improved position is due to the sagacity of its present London directors, whose policy was adopted as soon as proposed ; but much also is due to the approaching conclusion of works, which will enable the greatest railway in the Union to develop its resources. Up to this time it has aecomplished vast expenditure with inadequate though very large earn- ings, because it was practically a local road, without proper facilities for through traffic. The American Railroad Journal of February 18 brin_gs us this in refer- ence to the tunnel at Bergen, the entrance to New York City :—" This grand enterprise is being pushed forward with vigour' and it is announced that trains will be able to pass through it by the 1st of May. On the eastern end the excavation has been completed, and a track laid for over 1000 feet. Over this the stones and gravel are now conveyed to the dock by locomotive power. After a cutting of only 80feet more another large section will be added, enabling the track to be laid nearly all the way through. The eastern entrance permits the passage of dirt cars as flar as the mouth of the tunnel. The earth cutting there is fully one quarter of a mile long, varying from six to sixty feet in depth. The bore is thirty feet high by twenty-seven wide at the base, with an arched roof, affording more than sufficient space for a double track. The rock is nearly all gneiss, being like granite of an igneous origin, and ex- ceedingly difficult to penetrate. Large quantities of the stone are being dressed for paving. It is understood that a sort of cork-screw entrance near the middle, something like those leading into the Thames Tunnel, will be constructed, in order to accommodate the people of Hudson. The work of filling in the Long Dock, a most magnificent enterprise, progresses more slowly; but a portion of it may be in readiness by the time passenger trains can run through. The union of Jersey City, Hoboken, and Hudson can- not be far distant; indeed, it is being rapidly brought about by this im- provement, and tie new houses which are going up in that neighbourhood. Within seven years there will be a population of 100,000 souls on the West bank of the Hudson."

About the same time the Atlantic and Great Western Railway will com- plete some 100 miles in close connexion and under working arrangements with the Erie, opening up vast Western business, which now positively is dormant from want of facilities.

The Atlantic and Great Western is of the same wide gauge as the Erie, and will be carried on rapidly so as to make a complete connexion between the cities of New York and St. Louis, 1200 miles, without change of car- riages !—Aforning Chronicle. gate, issued