MONEY MARKET.
STOCK. EXCHANGE, FRIDAY AFTERNOON.
The English Stock Market has presented a firm appearance, and during the whole week the tendency has been upwards. Consols for Money and the Ac- count have fluctuated between 89 and 891, and close this afternoon at S 94 I, the highest price of the week. With the exception of one or two rather extensive purchases on the part of the Bank Broker, the proceedings of the week have been unimportant. The settlement of the Consul Account will take place on Tuesday; when the books of the Three per Cent Consols will also open. The premium paid to carry over Stock till the February Account is about a per cent; equivalent to au interest of 14 per cent per annum upon the capital employed. Hence it will be inferred, that money still continues abundant. The usual ru- mour was yesterday prevalent as to an alteration in the Bank rate of discount; but as in many previous cases, it turned out to be unfounded. In the Foreign Market, the attention of speculators seems to have been almost exclusively directed to the Non-dividend American Stocks. A sort of Californian fever seems epidemic here as well as in the United States. We do not allude to that aggravated form of the disease evinced by the formation of companies of adventurers for emigration to the gold region, but to the milder type of it in the form of speculation in the Bonds of Guatemala, New Grenada, Equador, and Vene- zuela; all of which have advanced materially in price daring the last few days. The speculation has arisen and been supported by the expectation that the re- venues of all these countries will be materially benefited by the increased com- merce arising from the rush towards California. That these reasons should in- duce a demand for the Bonds of Guatemala and New Grenada, through the terri- tories of which all the traffic across the Isthmus will pass, might perhaps have been expected; but how such commerce is to cause duties to flow into the custom- houses of Venezuela and Equador, is certainly a question rather difficult of solu- tion. Guatemala Bonds, which have been unsaleable for years, and upon which there is an arrear of twenty years of dividend, came into notice a few days ago; when buyers were found for them at 25: they have since reached 29 or 30. New Grenada have risen about 3 per cent, viz. from 13 to 16a; and Equador, which ranged from 2i to has risen to 34. The other Foreign Bonds have been almost
entirely neglected; though the few transactions in them have been at rather better prices. . The Railway Share Market has been tolerably firm, with but shf itifteattpris:
in most cases the prices of last week have been supported, and in soMa--i that of the Great Western—an improvement is observable. The only remarkable fea- ture of the week is a decline of about 5001. in the amount of tolls upon the Eastern Counties line, as compared with the corresponding week of last year; said to re- sult from a dispute between the company and some influential salesmen who sup- ply the London market with sheep and bullocks. A portion of the large carrying trade in live stock, for which this railway has been so long remarkable, has con- sequently been diverted. The price of the Shares has not, however, been much affected: the quotation on Saturday last was 121., and the lowest point today has been 11a.
The accounts of the Bank of England for the week ending the 6th January exhibit, when compared with those of the preceding week, the following results-
BASKIN.] DEPARTMENT. Increase. Decrease.
Rest • • . £17,915 _ Publk Deposits
£179,073 Other Deposits
b6,733 Seven-day and other Bills 40,605
-
Government Securities, Including Dead-weight 5,079 — Other Securities
132,463 Notes unissued
111,910 Actual Circulation 120,055
-
ISSUE DEPARTMENT.
Notes issued 8,145
Bullion 70,153
This week.
Last week.
Total Bullion in both Departments
14,954,649 Actual Circulation
17:249,690 17,129,635
SATURDAY, TWELVE O'CLOCK.
There is no change in the English Funds, Consols both for Money and Account being 894 1. In the Foreign Market, we have to notice a nominal improvement in Spanish Stock, of which the Five per Cents are 144 15, and the Three per Cents 274 28. Peruvian and the other South American Bonds are at yesterday's prices, as are Mexican. The Share Market is quiescent. The following are the only bargains as yet recorded: Caledonian, 221; Ditto, Half-shares, 84; Eastern Counties, 114; Great Western, Quarter-shares, 204.
8 per Cent Consols 891 i Danish 3 per Cents 66 9 Ditto for Account 891 I Dutch 24 per Cents 481 94 3 per Cent Reduced 59: 4 Ditto 4 per Cents 764 74
34 per Cents
894 90 Mexican 5 per Cents 1846... 254 6 Long Annuities 8 11-161 New Grenada 16 4 Bank Stock 1894 914 Portuguese N.4 per Cents 1842
251 64
Exchequer Bills 40 44 pin. Portuguese Old 1824 69 71 India Stock — Russian 5 per Cents 102 4 Brazilian 5 per Cents 75 Spanish (Active) 5 per Cents 141 IS Belgian 44 per Cents 76 8
Ditto 3 per Cents 1842
274 8
Buenos Ayres 27 9 Venezuela
19 21
Chillan 6 per Cents 87 9
BANK OF ENGLAND. An Account, pursuant to the Act 7th and 8th Victoria, cap. M, for the week ending on Saturday, the 6th day of January 1849. ISSUE DEPAATMENT•
Notes tuned £23,234,740 Government Debt £11,016,100
Other Securities
2,984,900
Gold Coin and Bullion 13,726,831
Silver Bullion 507,809
£22,231,740
£28,234,740
BANKING DEPARTMENT.
Proprietors' Capital
£14,553,000
Government Securities, (in-
Rest 3,400,719 eluding Dead WeightAnnuityl£13,599,597 Public Deposits. 8,419,045 Other Securities 10,625,470 Other Deposits 8,914,702 Notes 10,965,030 Seven Day and other Bills .... 1,012,717 Gold and Silver Coin 790,063
£36,200,179
£36,200,179 Including Exchequer, Savings Banks, Commissioners of NationaiDebt & Dividend Accts.