17 AUGUST 1850, Page 11

MONEY MARKET.

STOCK ERCILANGZ, FRIDAY APTIRSOOD.

The English Stock Market has been heavy since Monday, and at one time . today the price of Consols was I per cent below our last quotations; for Money they were marked as low as 961, and for Account (September) as 96. But , greater firmness was apparent before the close of business, and after being at 961 the closing quotation for Account is 961 1. The price of Three-and-a quarter per Cents has been much better supported, and there is evidently a continued demand for this Stock, which has not fluctuated materially, and closes this afternoon about 99, or within 1 of our last prices. The demand for money has been greater : the rate of first-class discounts and loans for short periods is now from 2 to 3 per cent, instead of from 11 to 2 per cent. The exciting cause of the depression of the English Funds is to be found in reports of an anticipated deficiency in the yield of the approaching harvest, and, of the reappearance of the potato disease in Ireland. The settlement of the Consol Account occurred on Wednesday, and was chiefly remarkable for comparative plenty of Stock ; one eminent broker having thrown nearly 300,000/. upon the market.

'The transactions of the Foreign Market have not been much more exten- sive than usual. The arrival of the West Indian mail, with only 36,000 dollars on account of the Mexican Dividend, produced an unfavourable effect upon the price of the Mexican Bonds. These securities have been today as low as 29, a decline of about f per cent ; but doge rather more fin y— namely, at 291 I. The South American Bonds are without material varia- tion. Russian and Danish Stocks are nearly at our last quotations, but have been lower, from sympathy with the English Funds. The other Northern European Stocks are without material variation.

The Railway Share Market is rather firmer ; both North-western and Great Western being higher. Nothing has occurred, however' to call for particular remark ;• the dividends recently declared being such as had been previously expected, and the whole course of the recent meetings having been long anticipated.

SATCRDAT Two otoloce.

The English Funds close at the morning's quotations, without the oecur- rence of any business of importance. In the Foreign Market, the transac- tions have been confined to the following—Brazilian, 92; Belgian, .901 911; Danish Three per Cents, 771; Ditto Five per Cents, 1021 ; Merman, 29; Venezuela, 35' Dutch Four per Cents, 891 4 By the overland mail, accounta have been reoeived from Western Australia to the 26th May. An entire change had occurred in the condition of the oo- lony, and every one was anticipating a large increase of business, in conse- quence of the arrival of convicts in the settlement. Every description of English goods were in demand, and real property was saleable, which it had . not been for some time.

We were in error-this morning in stating the additional-Charge upon the revenue of the London and North-western line at 175,0001.; the amount ought to have been put down at 95,000/. only. There is no material change in the Railway Market; which is, however, rather heavy, although the busi- ness transacted has been rather above the usual average. The following are the principal bargains recorded—Aberdeen, 91 f ; -Chester and Holyhead, • 91; Ditto Preference, 101 10; Eastern Counties 6,1 hi; Ditto New Pnee • (Ireland, 291 ; Great North of England, 240 39; Great Western, 571 8; ference Orr Cent,. llf ; Great Northern, 91 1 ; Great Southern and Western, Hull . an Selby Half-shares, 481' London and Blackwell, 41 • London, Brighton, and South Coast, Guaranteed Spter Cents, late Croydon 'khirdif, 113 London and North-western, 1111' Ditto 'New Quarter-shares, 18; London and Southwestern, 591 60 ex div. • Midland, 331 2f 21 f 1; Ditto 50kBhares, 91; Norfolk, 161; 17; South-east 4'

1 York, Newcastle, and Berwick, 14 F

f ; Ditto aiteneion, 9J; Ditto G. 11

-

South-eastern and Dover, 161 ; Ditto Holstered, E Purchase or Preference, 41; York and North Midland, lo l6' 16 1 ; Ditto- Preference, 71' Boulogne and Amiens, ; East Indian, 71 ; Paris and Rouen, 231; Rouen and Havre, 9j; Tours and Nantee, SATURDAY TwICLYIS O'CLOCK.

Consols opened at 96/ for Account, and are now 961 for Money awl 961 for Account, without the appearance of much business. There is no change of importance in the Foreign Market or Railway Shares. The proceedings at the meeting of the London and North-western Railway Company yester- day have cooled any tendency that in4;:ht have previously existed for specula-

tion in this stock. Large as the amount of surplus revenue i undoubtedly IS' and gratifying as also the increase of traffic the statement of the Chairman that in the next half-year an additional charge against revenue to the extent of 175,000/. will accrue, is regarded as a warning, and there is evidently a greater disposition to sell stock than to purchase it ; the price, which was yesterday 1121, is today 111 and 1111.; IS per Cent Consols roil !

Ditto for Account

3 per Cent Reduced 97 i at per Cents 981 i

Long Annuities 84 5-16 Bank Stock 211 213 Exchequer Bills 65 67 pm. India Stock 206 288 Brazilian 5 per Cents 91 3

Belgian 44 per Cents a% 4

Chilian 6 per Cents 102 4 Danish 5 per Cents 101 3 Netes issued Danish 3 per Cents 76 9

Dutch 2i per Cents 57 1

Ditto 4 per Cents 89 Mexican 5 per Cents 1846 29 Peruvian 6 per Cents 82 1 Portuguese 4 per Cents 1842 33 Portuguese 5 per Cents 1824 86 Russian 5 per Cents 111 113 / Spanish (Active) 5 per Cents 171 Ditto 3 per Cents 1842 37f / Venezuela 34 6 BANK OF ENGLAND.

An Account, pursuant to the Act 7th and Sth Victoria, cap. 32, for the week ending on Saturday, the 10th day of August 1850. amen DEPARAWLMT.

£30,127,645 Government Debt £11,015,100 Other Securities 2,984,900 Gold Coin and Bullion 15,923,687 Silver Bullion 203,958

£30,127,645 £30,127,645

BiNEINO DEPARTMENT.

Proprietors' Capital £14,553,000 Government Securities (In- 2 ,277,752 cludingDcad WeightAnnuityl .614,430,847 Public Deposits 6,283,402 Other Securities 10,096.045 Other Deposits 9,717,785 Notes 9,978,245 Seven Day and other Bills 1,347,789 Gold and Sliver Coin 674,591

£35,179,728 £35,179,728

• Including Exchequer, Savings-Banks, Commissioners ofltational Debt, &Dividend Accts.