The principal feature of the week in the Money Market

is the introduction of two foreign loans. One, for the Swedish Govern- ment, for 1,150,000/., in Five per Cent. Stock at 90, or, reckoning allowances, at 88i, was readily taken up, and transactions have since taken place at 2i to 3 prem. The prospectus of the Egyptian Loan, which was published in Paris on Monday, was issued on Wednesday last. The amount is 11,890,000/. in 7 per cent. bonds at 75, or about 73:1 reckoning allowances, secured on all the revenues of the country. It is guaranteed that there shall be no deduction at any time for local or other taxes, a very necessary stipulation. Attention having principally been directed to the above, the market for Home Securities has ruled flat, and

prices have been on the decline. Consols left off yesterday at 94, f for money, and 941, for the 6th of August. Reduced and New Three per Cents., 941, t; Exchequer Bills, 13s. to 20s. prem. In the Foreign House, Spanish Stocks have ruled very heavy, owing to the political complications lately arisen at Madrid. United States' Bonds have not recovered the decline occasioned by the late declaration of the Democratic party in reference to taxation. In the Railway Market quietness has prevailed, and the general course of prices has been towards depression. Money has been abundant in the Discount Market, and in Lombard Street, good three

months' paper is readily taken at 1 f, per cent. The stock of bullion in the Bank of England is now 22,186,535/.; in the Bank of France, 48,180,000/.

Yesterday and on Friday week the leading Foreign Bonds left off at the annexed quotations :—

Brazilian, 1815...

Egyptian, 1864... ...

Italian ...

Mexican Russian (Augh;butci;) Spanish, 1867 ... Turkish, 1858 „ 1812

••• ••• ••• ••• ••• ••• •••

• -•

••• •••

• -•

•••

77

831 43 16 91 561 6 5 631

Yesterday and on Friday week the leading British Railways

left off at the annexed quotations :— Friday, July 10. Friday. Jely 17.

Great Eastern...

Great Northern ... Great Western

Lancashire and Yorkshire London and Brighton ... London and North-Western London and South-We-Item London, Chatham, and Dover Metropolitan ...

North-Eastern, Berwick ... Do. York

••• ••• ••• ••• ••• ••• ••• •••

17

49

1281 at

114 191

113.

105

103 V

7

as

1281

/14 1 113 103

10:1 7

Friday, July 10. Friday, July 17 761 831 521 151 35

417 91

64 -