MONEY MARKET.
The Directors of the Bank of England liars made no alteration in the existing terms of discount and interest this week. The demand for money AVM not so great in the first part of the week ; a much easier state of things existed. Loans were easily negotiated at 51 per cent, until yesterday, when, owing to the numerous applications for accommodation, the rate ruled us high as 71 and 8 per cent ; today a little less pressure is perceptible, but money has continued in full demand both in and out of the Stock Exchange. The business of the week has been very meagre ; Consols ranging between 93 7-16 93/, since Monday ; and with an almost entire absence of legitimate business in all English Securities. Today, Consols have been alternately buyers and sellers at 931, dosing at 933-16; to 5-16 for the Juno Account there have been a few speculative sellers at fl. Bank Stock has been done at 113 115. Reduced closes nominally at 912 . Foreign Stocks have been heavy, with scarcely any business : quotations are generally lower. Turkish Six per Cents, 93/1 944; the Now Four per Cent Guaranteed, 1004; Mexican, 2341 ; Buenos Ayre,s 86 7; Venezuela, 36/ 71; Peruvian Four-and-a-half per Cents, 7778; Peruvian Three per Cents, 5453. In the Railway Markets the same dulness has prevailed : prices have gradually declined all round, from 108. to 15s. The business passing has been perfectly insignificant. The following are the last prices of someof the lii leading lines—Great Western, 66 7. London and North-Western 1041 ; London and South-Western, iff ; Lancashire and Yorkshire, 1014 1111 ; Midland, 824 # ; Caledonian, 34 I; Brighton, 1084 94; Dover, 221 . More business has been doing in French Shares, but at a decline of fully 208. per share. The markets have been heavy and drooping all the week. Central of France closes at 31 4; Paris and Lyons, 612 82; .Namur and Liege, 84 a; Sambre and Meuse, 91i ; Luxembourg, 7 1. Indians stationary, but at rower prices : Punjaub, 4 .premium ; Oude, 1 ills. 1 premium ; Central Oude, 1-16 3-16 premium. iga and Dunaburg, 1 i premium.
An increase of 541,137/. is shown in this week's return of the Bank stock of bullion. The English Market opened heavily this morning, at a decline of 4 upon the closing prices of yesterday ; there is little business stirring, but the market still assumes a downward tendency. Foreign Stocks and Railway Shares are heavy in sympathy with the dulness in the Consol Market, Nothing has been done in Shares worthy of notice.
SATURDAY, ONE O'CLOCK. Business has been rather more active all round ; quotations, however, are again a shade lower, Consols being 931, sellers. Reduced 911 2. The following are the last official transactions—Eastern Counties, 111 ; Great Northern A Stock, 86; Great Western, 664; Lancashire and Yorkshire, 1011; London and North-Western, 1042 ;. London and South-Western, 1012; Manchester, Sheffield, and Lincolnshire, 394; Midland, 812; North British, 431 ; North-Eastern—Berwick, 87; East Indian, 1084; Great Indian Peninsula, 44; Great Western of Canada, 242. Joint Stock Bunks —Oriental Bank Corporation 41; Ottoman Bank, 142. Miscellaneous—. Crystal Palace, 21; Peninsular and Oriental Steam, 67.
3 per Cent Consols 921 3 Dutch 21 per Cents 651
Ditto for Account 93 i Ditto 4 per Cents 97 98 II per Cent Reduced 911 Mexican 3 per Cents 221 1 New 3 per Cents 91 77
Peruvian 41 per Cents 8
Long Annuities 27-IS Ditto 3 per Cent 54 5 Long Annuities 27-IS Ditto 3 per Cent 54 5 Bank Stock 213 2 5 Portuguese 3 pars Cents 1853. 444 51
Exchequer Bills 5 di.. 1 dis. Russian 5 per Cents 105 7 India Stock 220 223 Ditto 41 per Cents 95 7 Austrian 5 per Cents 80 2 Spanish 3 per Cents 41 2 Brazilian 5 per Ceuta 991 1001 Ditto Deferred 25 1
Belgian 41 per Cents 95 97 Sardinian 5 per Cents 904 14 Chin 6 per Cents 102,4 Swedish 4 per Cents 54 7 Danish 5per Cents 101 .3 Turkish 6 per Cents 931 4/ Ditto 3 per Cents 840 Ditto 4 perCents Guaranteed. 100 4 Messrs. Baring, Brothers, and Co., the only English Directors, issued the prospectus of the Russian Railway scheme on Saturday. Those who are anxious for shares must apply before the 5th of May ; instead of 3,000,000/. or 4,000,000/., England is to be favoured with only 2,000,000/. of the first
issue of 12,000,000/. of shares—probably the 2,000,0001. will be quite enough to satisfy English desires. The amount for allotment in Paris has also been reduced. The statements in Messrs. Baring's prospectus do not materially modify the particulars already made public. The extent of the lines is 2585 miles, estimated cost about 43,000,0001. The working expenses are put down as low as 45 per cent. It is said that manmuvres have been used on the Continent with a view to "rig" the English market and get up a premium on the shares.
The Grand Surrey Docks and Canal Company have declared a dividend at the rate of 4 per cent per annum. The arrivals of the precious metals last week amounted to the large sum of 900,0001.; but the exports were 800,0001., principally silver to the East.
The corn-market was firmer on Monday, and for the best descriptions of wheat an advance of from la. to 2s. was obtained.
According to a balance-sheet filed in the Birmingham Bankruptcy Court, the estate of Messrs. Fox and Henderson will pay all demands in full, and leave a surplus of 35,243/.
Sir Morton Pete has concluded an arrangement with the Portuguese Government for constructing a railway from Lisbon to Oporto, on the following terms. The line is to be completed in four years ; and the Government are to pay to the company 8850/. per mile towards its cost as each section is completed. The concession is for ninety-nine years; the Government reserving the privilege of taking it into their own hands on payment of a sum equal to the profits of fourteen years, and also of levying a tax of 5 per cent per annum on the gross receipts. For the works already constructed on the portion of the line between Lisbon and Santarem the company are to pay-6555/.; and the Government undertake to pay off at their full value the claims of the previous shareholders.
CRYSTAL Pktset.—Return of admissions for six days ending Friday April 24th, including season-ticket-holders, 19,406.
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