MONEY MARKET.
STOCK EXCHANGE, FRIDAY AFTERNOON.
Tin Money Market this week remains without alteration. There is a general absence of pressure, but owing to the extreme caution exercised by the moneyed establishments, the rate for ordinary dis- counts is kept up at nearly 6 per cent. In the Stock Exchange there is a good demand for loans, owing to recent sales of Consols for i
money, and 5 to f per cent. is usually demanded. The shipments of gold to America continue on a very lame scale, but they exercise no adverse effect, being more than counterbalanced by the arrivals from Australia and America, as shown by the increase of 383,0001., the bullion at the Bank this week.
Consols have been dull, from realizations to invest in Indian Five per Cents, the stock at present most in favour with the public. This morning, owing to the encouraging Bank return, more steadiness was shown, but a relapse took place almost immediately, and the closing quotation this afternoon was the lowest of the week. There has been scarcely any feature of importance in Foreign Stocks. Turkish Six per Cents have partially relapsed, while Sardinian is firm, on the recognition of the kingdom of Italy by France. Russian and Brazilian descriptions continue heavy.
Railway Stocks have been generally neglected, the variations of the day being caused solely by transactions among the dealers themselves. In the Colonial Market, Canadian descriptions are flatter. Foreign and American Railway Securities have experienced no movement of any consequence. In Miscellaneous Shares there have been some inquiries for Joint-Stock Banks, in anticipation of the half-yearly dividend. Great Northern, 103f, 109; Great Western, 72f73; Lancashire and Yorkshire, Illf, 1111•• Landau and North.Weslern, 94, 94#; Midland, 120f, 121.; bouth...dastern, 801, 81; East Indian, l000, 1001; Illinois Central, 39k, 39 dis.; Lombardo-Venetian, f, dis. ; Consols, for Account, 90, 04 ; Inlia Five per Cents, 93f, 98 ; Spanish Three per Cents, 54, 51; Russian Three per Cents, 614, 62f ; Mexican, 24, 22k; Turkish Six per Cents, 1854, 72, 7234; Ditto Six per Cents, 1858, 56, 56k.
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