MONEY MARKET.
STOCK. EXCHANGE, THURSDAY AFTERNOON.
The speculators in the English Funds continue to realize ; and the suc- cessful result of the Paris Conferences has been so much forestalled that it is expected the conclusion of peace will be more likely at first to depress than augment the value of Securities. On Monday, the sales of Stock coun- teracted the good effect that might otherwise have been produced on the announcement of the birth of an heir to the French throne. The range of prices this week has not been wide. Consols have been lower and have been done at 911 ; they are now 92/ 1, and 921 1 for April. The sales to close accounts for that settlement have lessened the pending liability, and, coupled with a better supply of money on the Stock Exchange, have caused a closer approximation in the quotations for Money and the Account ; the differ- ence now being 1per cent. The discount-market has been easier, although
i
the current rate is 6 per cent. Exchequer Bills have not altered. Consol Scrip is 21 1 premium, and Exchequer Scrip 21 premium. The French Funds have fallen more than per cent. At the half-monthly settlement on the Bourse, the rates for continuing operations were less than on the last occasion. At 'Vienna the Funds have rallied 1/ per cent. The Corn-market has been less buoyant. The specie received from New York has amounted to 112,000/. ; a portion is expected to be on French ac- count. The West India steamer took out 16,000/. ; and the Sultan, for Portugal, 42,295/. The Ava has sailed with 411,020/. ; of which 403,720/. is silver for Bombay, Madras, and Calcutta. Specie transactions resembling those between England and France are likely to be opened on this side with Constantinople. The Bank of France buys gold in London, while small parcels of gold coin are received from Paris. Turkey receives from England weekly about 100,000/. on account of the Loan ; while the rate of exchange renders it profitable to send gold from Turkey to this country.
Tomorrow. Good Friday, the Bank of England and the Stock Exchange will be closed,
Foreign Stocks maintain a firm position. Sardinian 2, and Russian Five per Cents 1 better. Spanish Securities have advanced through pur- chases on French account ; but the demand has been chiefly in the Certifi- cates, which are 1/ higher : the Three per Cents have risen ; they have also been in request at Amsterdam. Peruvian Four-and-a-half per Cents are 1 lower.
Railways have been flat, but today they have rallied a little. Compared with last week, East Lancashire is 1/. higher; and the following have de- clined—Lancaster and Carlisle, 21. ; North-Eastern—York, 1/. ; Great West- ern, Midland, and North-Eastern—Berwick, 108. Great Western Stock has been very fluctuating, and closes this afternoon at 621 1. London and North-Western has been steady, and is quoted 100/ t. In the French de- scriptions, Eastern of France and Northern of France are 5s. better; Paris and Orleans 10s. lower.
SATURDAY, TWIMVE O'CLOCK.
The English Funds have improved 1 this morning Consols for Money are now 921 4, and for Account 921 1. Exchequer Vills 1 discount 1 pre- mium. Consol Scrip 21 premium Exchequer Scrip 2-1 premium. There is a small increase in the bullion return by the Bank ofEngland, amounting to 31551. The specie received by the 'West India packet on Thursday was 140,000/. The Arago arrived from the United States yesterday with 404,000 dollars. In Foreign Stocks no movement has occurred. In Railways, Great Western is rather higher, it has been done at 621 ; London and Black- well, 7/ ; London and North-Western 1001 • Norfolk, 501; North-Eastern -esLeeds, 151, SAITTIDAT, ONE O'CLOCK.
in the English Funds there has been a further advance of 1 since the morning; Consols for Money leave off at 921 4, and for Account 9211. Exchequer Bills 1 discount 1 premium. In Foreign Stocks the only change is in Sardinian, which is 1 better, being now 93 5. In Railways there have been several purchases, based upon the firm state of the Consol-market, and they leave off higher—Bristol and Exeter, 881; Eastern Counties, 91 Great Northern, 934 ; Great Western, sa; Lanca- shire and Yorkshire, 84 ; London and Blackwell, 71 ; London, Brighton, and South Coast, 100/ ; London end Nertit-Westen1 100-: ; Landon and South-Western, 93/-; Manchester, Sheffield, and Lincolnshire, 261; Mid- land, 72/ ; Norfolk, 50i; North British, 31i ; North-Eastern—Berwick, 77; Ditto Leeds, 151; North Staffordshire, 111; South Eastern, 681 ; Great Indian Peninsula, 211 ; Great Western of Canada, 25/. Mine—Bra- zilian Imperial, St. John del Rey, 25/. Joint Stock Banks—Australasia, 97 ; Bank of Egypt, 64 - City, 644; London, 66 ; London and County, 34 ; Provincial of Ireland, 54.1k. Western South Australia, 401 ; Union of Australia, 711; Union of London, 261; este of London, 71. Miscellaneous—Canada, 143; Canada Government 6 per Cent January and July, 109/; Electric Telegraph, 211 ; General Screw Steam Shipping Company, 161 ; Peninsular and Oriental Steam, 671; Peel River Land and Mineral, 21.
3 per Cent Consols
Ditto for Account
3 per Cent Reduced New 3 per Cents Long Annuities Bank Stock Exchequer Bills India Stock Austrian 5 per Cents Brazilian 5 per Cents Belgian 4,1 per Cents Chili= 6 per Cents Danish 5 per Cents Danish 3 per Cents 921 92f 4 shut shut shut shut 1 die. 1 pm. shut 87 90 101 3
95 7
102 4 101 3 83 6 Dutch 24 per Cents 63 5 Ditto 4 per Cents 94 6
Mexican 3 per Cents 20 a Peruvian 44 per Cents 78 80 Ditto 3 per Cents 56 8
Portuguese 4 per Cents 48 50 Russian 5 per Cents 103 5
Ditto 41 per Cents 92 4 Spanish 3 per Cents 441 54
Ditto Deferred 243 5 Sardinian 5 per Cents 93 5
Swedish 4 per Cents 87 90 Turkish 6 per Celts 97f 81 Ditto 4 per Cents Guaranteed 1004 3
BANK OF ENGLAND.
AII Account, pursuant to the Act 7th and 8th Victoria, cap. 32, for the week ending on Saturday, the 15th day of March 1866.
loser DEPARTMENT.
Notes issued 01,378,093 Government Debt £11,015,100
Other Securities 3,459,900
Gold Coin and Bullion 9,903,095
Silver Bullion
/24,378,095
L11,378,095
143111110 DEPARTMENT.
Proprietors' Capital Rest 114,553,000 3,805,380 Government Securities (Mehl- ding Dead Weight Annuity). £11,451,006 Public Deposits* 5,508,124
Other Securities 79;285,028
Other Deposits 12,650,335 Notes 5,884,865.
Seven Days and other Bills— 736,330 Gold and Silver Coln 630,470
£37,271,369
137,271,30
• including Exchequer, Saving-Banks, Commissioners of National Debt, do Dividend Accts.
RAILWAY ARRANGEMENTS.
The receipts of the Scottish Central Railway for the half-year ending 31st January last were 66,8651. ; and the working expenses, including in- terest on debentures and preference shares, were 40,2501. ' • leaving a sur- plus profit of 26,6141. This will provide for a dividend at the rate of 5 per cent per annum on the Consolidated Stock. The Caledonian Company will pay a diminished dividend, through cir- cumstances believed to be temporary. The mineral-traffic has suffered from a colliers' strike in the coal districts ; and there has been a reduction in passenger-traffic between Edinburgh and Glasgow. For the half-year there is a balance of 47,2591. The dividend recommended on the ordinary steels is at the rate of 2 per cent per annum.
The half-yearly meeting of the Chester and Holyhead Company was held. on Wednesday. The accounts for the half-year showed an increase of 81771. over the same period of 1854, and a decrease in the working expenses of 54931. There is an available balance of 33,080/. ; but, owing to the non- completion of the issue of the second preference stock, the liquidation of claims to meet which the shares were created has obliged the directors temporarily to resort to the revenue resources. On the understanding that payment of the dividends should be deferred, it was recommended that 10001. be added to the fund for renewal of steam-boats ; that from the re-• maining sum of 32,0801. a dividend be declared of 12s. per share on the first preference shares, and on the issued portion of the second preference shares at the rate of 5 per cent per annum.
The Directors of the Newcastle and Carlisle Company recommended a. dividend for the half-year of 24 per cent. The North British Companyb.eld their half-yearly meeting at Edinburgh on Tuesday. The half-yearly revenue, it was hoped, would now admit of a regular dividend, which though it might not for a year be higher than per cent, it was thought would be progressive. At present the revenue could pay a dividend at that rate, but the Chairman thought it would not be right to recommend it until the money bill should pass and the capital should be equal to the engagements. The meeting adjourned till Wednes. day next.
At the meeting of the Canada Company, on Thursday, the report and ac- counts for 1855 were adopted. The progress of the Company was considered. to be very satisfactory, though there had not been so much activity in Ca- nada in 1855 as in 1854.
Sir Watkin Wynn and Mr. R. H. Cunliffe have withdrawn from the Di- rectorate of the new BankiSf 'Wales, because they find few Welsh share-. holders in the subscription-list : the names there are substantial, but these' gentlemen want a Welsh bank, not a mere trading company however good.
The Trinidad Bituminous Fuel Company have published documents which appear to be a sufficient answer to an "Ex-Planter's" statements. One fact may be mentioned : he said coal could be bought in Trinidad for 20s. a ton —on an average the price is really 40s.
Satisfactory accounts have been received from Alexandria of the progress of the arrangements for establishing the Bank of Egypt.
According to the Vienna correspondence of the Tintes, it appears that the treaty for the sale and concession of the Austrian railways in Italy to the section of capitalists headed by Messrs. Rothschild has been definitively ar- ranged. They are to purchase 273 English miles which are already. com- pleted, and to undertake 223 miles which remain to be constructed, in ad- dition to the Central Italian line. The total network to come into their possession will therefore comprise about 680 English miles. The company are to pay for the finished lines 2,400,0001., by instalments spread over as' years, with 660,000/. additional in case the average profits during that time shall exceed 7 per cent. The whole capital required is estimated at 10,000,000/., on which the Austrian Government guarantees 5 per cent.
CRYSTAL PALACE.—Return of admissions for six days ending Friday Marsh 21, including season-ticket-holders, 22,365.