MONEY MARKET.

STOCK EXCHANGE, FRIDAY AFTERNOON.

The English Stock Market has been heavy, from the continued pressure occasioned by the large amounts of Stock recently sold on account of the Scotch Banks and other influential capitalists. Though money is easily ob- Minable by way of loan upon the security of Consols at 21 per cent, the -market has lost that buoyancy which characterized it previously to the 12th ;instant, when the determination of the Bank Directors to increase the rate of interest for loans upon Stock to 2 per cent was taken. The price of Con- gob has been as low as 96 for Money and 96f for the Account. Some very large transactions occurred today at that quotation, and for some time there (was every appearance of a still further decline. In the course of the after- moon an improvement occurred, and the closing quotation is 96k for Money and 961 j for the Amount.

The letters of allotment of the new Russian Loan were delivered on Wed- -nesday, and business in the Scrip commenced on Tuesday. The first quota- tion was * premium, and the price had since reached 4 premium; to go 'back again, however, in the course of the day, and after being at *, the -closing quotation is 3 premium. Peruvian Stock still continues in favour: the Active Bonds have today leen at 701, and the Deferred at 29; thus enabling those parties who have held the old Stock up to this time to realize nearly par for it. There is no mew cause for this advance; and nothing remarkable in the transactions in 4his Stock, except the fact of its continued rise in price. The various Conti- mental Bonds are rather firmer than last week; though the transactions in 4hem have not been important. Portuguese Stock is firm at a trifling ad- vance upon our last quotations, with but little doing. Spanish Bonds of both -varieties appear to be quite neglected. Mexican have also fallen into the -shade ; as indeed have almost all the Stocks generally current, in consequence aif the superior attractions of the Russian Loan.

The Railway Shares are all today at or above the quotations of last week. 'The tone of the market is much improved as compared with that of a few weeks back. It is generally understood that the dividend of the North-west- ern will be at the rate of 6 per cent per annum, and of the Great Western itt the rate of 4 per cent per annum ; and that m both cases the entire dbi- -dend will be *d by the earnings of the pad half-year. There is, however, 'still a general feeling of distrust among the holders of Railway property ; and It appears evident from the preparations made for the approaching general 'meetings, that in the cases of those lines upon which committees of inves- -tigation have not already reported, such investigations will be demanded by tthe Shareholders. The period of strife and contention between Shareholders and Directors can hardly therefore be said to be past.

SATURDAY TWELVE O'CLOCK.

The opening price of Consols for Money was 961, and for Account 961 4. `!The market has since improved, without the occurrence of any business of timportance; and the price 18 now 961 4 for Money, and 964 4 for Account. The business of the Foreign Market has as yet been almost entirely confined 'to Peruvian Bonds, which still continue in demand, and have been done as :high as 701; the present quotation being 70 to 71. Not a single bargain is zecorded as having occurred in Russian Scrip. The following are the only -transactions recorded in Railway Shares—Great Western, 684 68; Ditto ,Quarter-shares, 164; Ditto New, 171., ; Brighton, 851. • SATURDAY Two o'Croca. The business of the morning has been unimportant, and the English Funds 'close less firmly; the last quotation of Consols for Money being 964 4 and 'for Account 961 1. The business of the Foreign Market has been of a more eneral character than usual. Peruvian Bonds still continue to improve, and have been done at 714. The accounts from the mining districts brought by the Brazilian mail are reported to be favourable, and the shares of the Comes sand Cuaba Mines have advanced 1/.—viz, from 34 to 44. The following are .the principal transactions recorded. Foreign Bonds—Buenos Ayres, 54 52;

The accounts of the Bank of Ragland for the week ending the 19th Ja- nuary exhibit, when compared with those of the preceding week, the fol- lowing results-

niminso DEPAitriacter. Increase. Decrease.

Rest £24,784 .... _ Public Deposits — .... 1:375,039 Other Deposits

170,424 Seven-day and other Bills

24,140 ....

— Government Securities, including Dead-Weight

— .... — Other Securities — .... 251,011 Notes unissued — .... 259,535 Actual Circulation

Issux DEPARTMENT. -247,815 ....

— Notes issued —

Bullion —

This week. Last week_ Total Bullion in both Departments 16,816,330 .... 16,814,143

Actual Circulation 19,335,315 .... 19,085,500

Equador, 44; Grenada, 181 1 1; Ditto Deferred, 41 1; Mexican, 29 4 29 ; Peruvian, 701 11 71; Ditto Deferred, 291 9 4; Russian Four-and-a-half per Cent, (Scrip,) 31 1 1 / premium; Spanish Ilm per Cents, 364; Vene- zuela, 311 4; French Five per Cent Rentea, 95.25; Exchange, 25.40; Dutch Two-and-a-half per Cents, 5644. Shares—Imperial Brazilian ' Gorses and Cuaba Mining, 34 44; General Steam Navigation Company, 261. The Share Market is heavy, and there is apparently a disposition to sell the more important varieties. Great Western have consequently declined about 2/. and North-western about II. upon the day's transactions. The following are the principal bargains recorded—Bristol and Exeter, 645; Caledonian, 114 1 4; Ditto Preference, 84 8; Chester and Holyhead, 104; Ditto Preference, 91; Eastern Counties, 74; East Lancashire, 11; Edinburgh and Glasgow, 274; Great Southern and Western, (Ireland,) 681 81 Great Western Quarter-shares, 161; Ditto Fifths, 134; Ditto New, 171., 84 4; Lancaster and Carlisle, 514; Landon and Blaekwall, 31 4; London, Brighton, and South Coast, 854 5; London and North-western, 117 161 16; Ditto New Quarter-shares, 131; Ditto Fifths, 141 1 ; Ditto 10/. Shares, M. and B. C., 24; London and South-western, 68; Midland, 44 31 ; Scottish Central, 141 1 ; South-eastern and Dover, 191; York, Newcastle, and Ber- wick, 161; 'York and North Midland, 184; Boulogne and Amiens, m; North-

96 96

Danish 3 per Cents

Dutch 21 per Cents

72 4 55 96

Ditto 4 per Cents 851 61 98

Mexican 5 per Cents 1846 291 1 81 1-16 Peruvian 6 per Cents 71 72 206 208 Portuguese 4 per Cents 1842. 361 71 58 61 pin. Portuguese 5 per Cents 1824

82 4 t

266 268 Russian 6 per Cents 109 111 88 89 Spanish (Active) 5 per Cents. 184 19.

89 91 Ditto 3 per Cents 1842 864 74 99 102 Venezuela 81 32 99 101

er nof France, 144 dig

3 per Cent Consols

Ditto for Account

3 per Cent Reduced.,.

34 per-Cents

Long Annuities Bank Stock Exchequer Bills India Stock Brazilian 5 per Cents Belgian 41 per Cents Chili= 6 per Cents Danish 5 per Cents