MONEY MARKET. Swot Ea/MANOR, FRIDAY everzasoox.
The business transacted in the English Funds has been of an unimportant character ; the fluctuations of the market during the whole week not having exceeded a per cent. The range of price in the Three per Cent Consols has been from 964 to 97, and the other securities have varied proportionally. The closing quotation of Consols this afternoon is 9644, and the appearance is heavy. Money is of course abundant, in consequence of the payment of the dividend ; and the rate of discount may be quoted at from 14 to 21 per cent.
From the usual quarterly report of the surplus revenue it appears that the excess of income over expenditure for the year ending 5th April last was 2,538,501/. 18s. 4d. ; of which one-fourth will be applicable to the purposes of the Sinking-fund during the current quarter. This sum of 634,625/. 9s. 7d. will be further augmented by the interest receivable on account of donations and bequests to be applied to the purchase of Stock, 3,787/. 35. 7d.; making 638,412/. 13s. 2d., the total sum applicable to the reduction of the Debt.
In the Foreign Market, prices have generally been steady, with the ex- ception of Peruvian Stock, lroth varieties of which are lower than last week, —without, however, the occurrence of any important business. Mexican Bonds are without material change. The publication of a letter from M. Weisweiller, the agent of the Spanish Bondholders' Committee at Madrid, by which it appears that the Government are seriously determined upon a ge- neral eteivernon of the whole Spanish Debt, has caused a trifling depression in the-price of Spanish Three per Cent Stock, while the Active Five per Cents has slightly advanced. The other Foreign Funds have been in de- mand;; the Scrip of the Five per Cent Danish loan having advanced to 13 reinium' and the Stock to 103. The Russian Four-and-a-half per Cent ! 'p has been in demand at about 5 premium, and the Bonds at 954- and 96 ex dividend. The last papnent of 23 per cent upon the Scrip will become due on Monday the 15th; from -which the dividend due on the let instant, less income-tar, willbe deducted'; makingthe total amount payable 204 per cent. The Dutch Banda, Russian Five per Cents, and oilier European dividend- paying Stocks, are than at our last quotations, with but few transactions. Railway Share Market was Inn till today, mid prices generally were well supported. A slight decline is now however, observable ; probably in consequence of the uear approach of wtRing-day. This remark only applieli to the original shares ; the demand for the guaranteed and preference shares of almost every description being-good, and the prices of them in almost every case improving ; the desire being evidently for objects of safe invest- ment, with a reluctance for anything bordering upon speculation.
SATURDAY TIMIXE D'CLOCR.
After the close of business yesterday the price of Consols declined 4 per cent, and.the last price for libeney was 9644. This morning the first Flee was 964, and the quotation is now 961 4, while the business of the morning has been insigniAnant The transactions in the Foreign Market have been too few to require remark; and the same observation may be applied to the Share Market : the nominal quotations in both these departments being- the same as yesterday. SATURDAY Two vv'ereca.
The English Stock Market closes more firmly, the last price of Console both for Money and Account being 964 4. We cannot hear of the occurrence of any bargains worthy of remark. The business of the Foreign Market has been equally -unimportant, the following being its meagre record—Brazilian, 90* i 92; Buenoa Ayres, Z-4 6; Mexican, 304; Peruvian, 82 4 ; Portuguese Five-per Cents, 1824,. 86 ; Russian Four-and-a-half per Cents, 954; Spanish Three per Cents, .374; Dutch Two-and-a-half per Cents, 57 44.
. The Railway Share Market is not quite so firm as yesterday ; the following _being the principal transactions oecurnng—Ambergate, Notts, and Boston, it ; Caledonian, 714 i; Ditto New 101. Preference, 54; Eastern Counties,
. if; Ditto New Preference 6 Cent, 114; Ditto Northern and Eastern, , - Great Western, 584 4 8; and Carlisle Thirds,. ft; Lancashire and 'Yorkshire Fifths, ii f; Ditto New Guaranteed 6 per Cents, 12; London, Brighton, and South Coast, 8144; Ditto Guaranteed 5 per Cents, late Croy- don Thirds, 114; London and North-western, 104 94; Ditto New Quarter- shares, 17i; Ditto Fifths, 124; London and South-western, 5646; Midland, 334 4 31- Ditto 501. Shares, 104 1 ; Norfolk, 23k; North British, 54; North Staffordshire, 64; Reading, Guildford, and Reigate, 184; South-eastern and Dover, 141 • York, Newcastle, and Berwick, 14-4; Ditto Extension, 94 4 ; Rouen and flavre, 94.
3 per Cent Consols ...........
Ditto for Account
9 per Cent Reduced .......... per Cents. ..... ...........
Long Annuities Bank Stuck Exchequer Bills India Stock Brazilian 5 Or Cents 'Belgian 44 per Cents ....... Chili= 6 per Cents Danish 5 per Cents 964 I 96 i
114 if 981- ; 8 3-16 5-16 211 12 66 69 pm 268 90 92 90 92
100 8 101 3
Danish 3-per Cents .
Dutch 2,1 per Cetits .
Ditto 4 per Cents .... ......
Mexican 5 per Cents 1846 Peruvian 6 per Cents Portuguese 4 pee-Cents 1842 Portuguese 5 per Cents 1824 Russian 5 per Cents Spanish (Active) 5 par Cents Ditto 3 per Cents 1842 Venezuela
g247 i
79 81
E 4 am) 9 30 I tin 1 83i 4i 66 8 110 112 174 f