MONEY MARKET.

STOCK EXCHANGE, FRIDAY AFTERNOON.

The tone of the English Stock Market this week has decidedly improved, and the public have been steady purchasers ; the more so as the time for closing the transfer-books in Consols is near at hand, when 11 per cent as the value of the dividend will be taken off the price. The discount-houses have been well supplied with money on call at 3 per cent ; and as they de- cline any further sums, the Funds are often embraced as the alternative. A payment of 15/. per cent upon the New Loan, due on the 224 instant, is believed to have been already provided for, and a further large portion paid in full in order to obtain Stock and meet the requirements of the public. The Funds have been also influenced by further large arrivals of gold, as well as some speculative operations for the rise connected with the repeated repulse of the Russians at the recent sorties. The improvement in Consols this week has amounted to ft. Yesterday they closed at 89i f, and today at 891 / for Money and Account. Omnium has improved a, and is now it i

premium. Exchequer Bonds have been in demand, and have touched 100/. Another French loan is considered probable, and the Funds in Paris have been dull in consequence. In the event of such a measure, it is thought the whole will be taken on the other side, and that our Money-market will not be disturbed. The returns of the Bank of France for the past month exhibit a further diminution in the stock of specie amounting to 470,0001. ' - being a total reduction during the last eight weeks of 800,0001. The Treasury balances being lower by 1,050,0001. strengthens the belief that a new loan will be necessary. Our Corn-market has recovered from the slight depression of last week. The gold and specie arrivals have comprised 260,000/. from New York, 96,7001. from Australia 36001. from Brazil, &e., and 25,000/. by the African steamers Ethiope and Australia,

In Foreign Securities there has been very little activity, and the principal securities remain at the quotations of last week. Turkish has formed the chief attraction, and has advanced 3 per cent, owing to greater faith in the report that the remaining 2,000,000/. will be brought out under the guarantee of England and France, or that the amount will be lent by the two Governments direct, similar to the advance by England to Sardinia. Such impressions may be dated from the day on which the Chancellor of the Exchequer met the London capitalists respecting the Consol loan ; certain observations then made being interpreted in favour of such an arrangement. Venezuela is 3 and Sardinian 1 better.

Railways are higher ; the improved condition of the English Funds proving beneficial. London and North-Western are now above par, closing this afternoon at 100 f. Several of the leading lines have advanced from 11. 10s. to 11. 15*. The French descriptions are only slightly better, although the traffic returns continue very satisfactory. Those of last week compared with the same week last year show an increase of 60 per cent in the mileage receipts of the Lyons and Mediterranean, 46 per cent in the Lyons, 28 per cent in the Northern, and 16 per cent in the Strasbourg. ;

SATICRDAY, TWELVE O'CLOCH.

The English Funds are very firm this morning, at an advauee of ft; Con- sols for Money and Account are 90 1. Exchequer Bills 5 8. Omnium has been done at lf premium. There is a large increase in the bullion return by the Bank of England, amounting to 425,982/. In Foreign Stocks there is no alteration. Turkish is 78 f, and Venezuela 30 2; the recent improve- ment in both being well maintained. Railways are very buoyant at fuller rates. London and North-Western are 1001 f. Business has been trans- acted in the following—Caledonian, 631 ; Great Northern, 92f ; Great Western, 67f ; Midland, lift; North-Eastern—Berwick, 74; Oxford, Wor- cester, and Wolverhampton, 28f ; South-Eastern, 61f.

SATURDAY, Two O'CLOCK.

The English Funds have continued strong, and close 1 higher; - Consols for Money and Account being now 90f 1. Exchequer Bills 5 8. Omnium has been dealt it at If f, and Annuities April 1885 at 16f. In Foreign Stocks, Turkish is lower ; the bargains have been at 78 7f /1. Grenada De- ferred has been done at 71 7; Venezuela, 31; and Deferred, 13f.

Railways have fallen a little, as there has been a disposition to realize profits on the late rapid improvement—Bristol and Exeter, 86; Caledonian, 001 631 ; Eastern Counties, lift; Great Northern, 921 ; Great Western, 66 ft; Lancashire and Yorkshire, 78f ; London, Brighton, and South Coast, 1 ; London and North-Western, 1001; Ditto Fifths, 151; Ditto Eighths, 1 ; London and South-Western 501., 34; Manchester, Sheffield, and Lincoln- shire, 25f ; Midland, 71/ -, North British, 29f ; North-Eastern—Ber- wick, 73f ; Ditto York, 491 ; Oxford, Worcester, and Wolverhampton, 281; South-Eastern, 611; South Wales, 28f ; Wilts and Somerset, 90f ; Caledonian 10/., 99j; Chester and Holyhead Guaranteed of per Cent, 151; Great Western Convertible and Redeemable 4k per Cent, 97; Midland Consolidated Bristol and Birmingham, 6 per cent', 137; Antwerp and Rotterdam, 71; Dutch Rhenish, 9; Eastern of France, 331 ; East Indian, 241 ; Great Indian Peninsular, Oft; Great Western of Canada, 21; Great Luxembourg Constituted Shares, 2; Namur and Liege, (ex interest,) 51 ; Scinde, 2/ prem. Mines—Brazilian Imperial, (issued at Si. prem.,) 21 ; Cobra Copper, 66; General, 161. Joint Stook Banks—Australasian, 80f ; Colonial, 18f - London Chartered Bank of Australia, 21; Union of Australia, 711. Miscellaneous—Australian Agricultural, 32; Crystal Palace, 31 ; North British Australasian, 1.

Spar Cent Consols 1301 I Danish 3 per Cents 80 3

DUO for Account Dutch 21 per Cents 62 4

3 per Cent Reduced Ditto 4 per Cents 91 9

New 3 per Cents 891 Mexican 3 per Cents 201 1 Long Annuities 31 Peruvian 41 per Cents 67 0

Bank Stock 208 10 Ditto 3 per Cents 47 9 Exchequer Bills 5 8 Portuguese 4 per Cents .... 41 3 India Stock 229 31 Russian 5 per Cents 98 100 Austrian 5 per Cents 84 6 Ditto 41 per Cents 87 9

Brazilian 5 per Cents 98 100 Spanish 3 per Cents 37 4

Belgian 41 per Cents 91 8 Ditto Deferred 181 i

Milian 6 per Cents 100 2 Sardinian 5 per Cents 88 8

Danish 5 per Cents 101 3 Swedish 4 per Cents 88 92