MONEY MARKET.
STOCK EXCHANGE, FRIDAY AFTERNOON.
The English Funds have been rather unsettled this week ; attributed more to speculative transactions and various rumours than to other causes. Con- sols for Money were dealt in at 911 to 911, until Thursday, when they de- clined to 901 1, upon a report generally credited at the time that the re- tirement of Lord John Russell had occasioned the resignation of the entire Ministry. These counteracting circumstances have consequently rendered void facts which at ordinary times would have favourably influenced the market. Amongst these may be mentioned the East India Company offering loans for two months on Government Securities at 31 per cent; an augmen- tation in the bullion and specie, by the arrival of 720,0001. per the Great Britain, 27,0001. per the East India steamer, and 133,0001. from the West Indies, and from which, owing to the firm state of the exchanges in Paris and other places, only a small portion it is expected will be sent away; and lastly, the Ministerial remarks on Tuesday respecting the _position of affairs in the pending negotiations for peace. Consols close this evening at 911 f for Money, after having been at 901 and 911 buyers for the Account. The variations in the French Funds have been about equal to our own. A rally in the Corn-market, and also in tallow, which had previously fallen on a prospect of peace, has excited some attention. The accounts from New York are more favourable respecting Securities and the Money-market; but fresh failures had occurred. The telegraphic accounts from China report a slight advance in the rate of exchange, which is likely to increase the ex- port of silver from this country. In Foreign Stocks there is little to notice. Belgian, Brazilian, and Danish Five per Cents, have improved I, and Spanish has fallen 11. Turkish and French Scrip have slightly receded. Peruvian has been maintained; and no effect was produced by. the defeat'of the forces of President Echenique in an engagement with the insurgents, since confirmed. The Union Bank of Australia has declared a dividend at the rate of 30 per cent, free from Income-tax : the repose which Was very satisfactory, was adopted. The Crystal Palace Company will hold their meeting on the 8th of February : they propose a dividend of 4s. per share, or 8 per cent per an- num for the half-year. Railways have exhibited general flatness, and the fall in Consols has in- duced speculative sales in many of the leading descriptions. These have fallen from 58. to 11. 5s., including Lancashire and Yorkshire, Caledonian, Great Western, London, Brighton, and South Coast, London and North- Western, and South-Eastern. Foreign Shares have been firm, and Paris and Rouen are 11. higher. Other lines have improved from 2s. 6d. to 15s.; ex- cept Paris and Orleans, which has fallen II.
The Directors of the Caledonian Company have been authorized by the shareholders to increase their capital by loan and preference shares for. im- provements in branches, &c. The dividend recommended by the London, Brighton, and South Coast Company is 3/. 48. per cent for the half-year. The London and South-Western Company propose a dividend for the half-year at the rate of 6 per cent per annum.
SATURDAY, TWELVE O'CLOCK.
The English Funds have been k lower this morning, but have recovered. Consols for Money are now 91/ 1 and for Account 911 1. Exchequer Bills 47. The bullion return by the Bank shows a large decrease-376,6191. In Foreign Stocks, the only alteration is in Brazilian, which is I lower. Tur- kish is 76 1, and French 31 4 premium. Railways are rather dull, and in- activity exists in the market—London and North-Western, 1001; Midland, 691; North-Eastern—Berwick, 76; Ditto York, 53f.
SATURDAY, Two o'CLocr.
The English Funds have improved since the morning, and Console leave off rather firm at 911 1 for Money and 911 1 for the Account. Exchequer Bills 4 7. The present Ministerial crisis has formed the chief topic of con- versation throughout the day. In the Foreign House, Brazilian has re- covered, and is now 99 101. Chilian has advanced 1 per cent. Spanish Committee Certificates mark 41, and Turkish 761. Railways are a shade higher, owing to the better feeling in the Coned market—Caledonian, 621; Chester and Holyhead, 131; East Anglian, 141; East Lancashire, 74; Great Western, 67; London and Blackwell, 8; Lon- don and North-Western, 1011; London and South-Western 841; Manches- ter, Sheffield, and Lincolnshire, 241; Midland, 70; North-Eastern—Berwick, 7k; Ditto Extension, 14; Ditto G. N. E. Purchase, 81; Ditto York, 53}; North Staffordshire, 131• South-Eastern, 591; Caledonian 10/., 96; Great Western Convertible and iledeemable, 41 per Cent, 94k; Caledonian, Indian Extension, 6!; Great Western of Canada, 161; Great Luxembourg Con- stituted Shares, 21; Sambre and Meuse, 7/. Mine—Copiapo, 16/. Joint Stock Banks—Australasian 80; South Australia, 391; -Union of Aus- tralia, 681; Union of London, 27. Miscellaneous—Canada, 104; Crystal
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Palace, 3/ Electric Telegraph, 17f ; Peninsular and Oriental Steam, 55; South Australian Land, 34f.
3 per Cent Console ?Al I Ditto for Account 3 per Cent Reduced New 3 per Cents 91 I Long Annuities Bank. Stock 210 12 Exchequer Bills 4 7 India Stock 222 5 Austrian 5 per Cents 82 5 Brazilian 5 per Cents 99 101 Belgian 41 per Cents 92 4 Chilien 6 per Cents 102 4 Danish 5 per Cents 102 4 Danish 3 per Cents Dutch 21 per Cents Ditto 4 per Cents Mexican 3 per Cents SO 3 61 2 92 4 21 i Peruvian 41 per Cents 70 2 Ditto 3 per Cents 49 51 Portuguese 4 per Cents 41 3 Russian 5 per Cents 100 2 Ditto -li per Cents 89 91 Spanish 3 per Cents 36 i Ditto Deferred 17i 18 Sardinian 5 per Cents 84 6 Swedish 4 per Cents 84 7
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