MONEY MARKET.

STOCK EXCHANGE, FRIDAY AFTERNOON.

The English Stock Market shows no symptoms of a return 'to activity, and this week bears the same ruling feature as the last : the fluctuations have not exceeded per cent. This quietude will probably be undisturbed until within a few days of the settlement of the Consol Account, on the 10th of September : the closing or renewing operations to a further period will then greatly depend on the state of the weather; the present value to the country of every fine day being estimated at about 2,000,000/. Yesterday, an instalment of 500,000/. was paid upon the New Loan. Consols were influenced by a temporary demand for money, and were done at 95; but they closed / higher. Today they are dull at 95 k for Money, and 951 for the Account. Bank Stock is 1 better ; India Stock and Exchequeu Bills have not altered. The French Funds continue weak, through the competition of Railway, securities : they have fallen 1. Dul- ness prevails on the Vienna and Amsterdam Exchanges. The average amount of bullion in both departments of the Bank of England for the month ending the 2d of August was 12,382,690!.; this is a decrease of 157,674/. as compared with the preceding month, and a decrease of 4,264,853/. as compared with the same time last year.

The transfer-books of the Stocks on which dividends are due in October will close on the 5th of September; except New Three per Cents, which will close on the 9th.

The Corn-market has been less firm. Specie has been received from New York amounting to 138,000/. The telegraphic accounts from China yester- day report no alteration in the rates of exchange : so the shipments of silver to that country will doubtless continue large. Advices from Constantinople confirm the intelligence of the proposed National Bank ; to have a capital of 3,000_,000/., of which 600,000k is to be paid up forthwith, and deposited in the Banks of England or of France. The National Bank is to invite subscriptions for a Five per Cent Loan for 5,000,000/. at 90, to be applied in redemption of the depreciated currency.

Foreign Securities have exhibited great steadiness : the only changes that have occurred have been a rise of 1 in Peruvian Three per Cents, and a decline of I in Turkish Four per Cents. The financial agent of the Por- tuguese Government has notihed, that the conversion of Portuguese Bonds reopened on Wednesday, and will continue every Tuesday and Friday. Railways have been rather heavy, and have fallen from 58. to 258. per share' with the exception of Great Western : that stock, owing to the usual short supply, has been in demand for purposes connected with the settlement of the Account arranged yesterday; but the highest price has not been maintained-it leaves off this afternoon at 64 1 ex d. Lancashire and Yorkshire, 98 ; London, Brighton, and South Coast, 105 7 ; London and North-Western, 1041 5 ex d.' London and South-Western, 1061 7. Midland, 811 21 ex d. The transactions in Foreign Shares have been limited : the following have declined-Paris and Lyons' 2/. ,• Northern of France, 1/. 5s. ; Paris and Orleans, 1/. ; Western, and North-Western of France, 108.; Eastern of France, and Great Central of France, 5s. Indian lines have been steady.

SATURDAY, TWELVE O'CLOCK.

The dulness in the English Funds is still maintained, but there is no alteration this morning in the quotations ; Consols for Money are 96 &, and for Account 951 1. Exchequer Bills 11 to 14 premium. The bullion return by the Bank of England exhibits a small de- crease-19,8681. In the Foreign Market there is not the least difference. In Railways, Caledonian has not recovered from a fall of 3/. yesterday, on the announcement that the dividend proposed is at the rate of only 1 per cent per annum : it has been done at 52. Lancashire and Yorkshire, 981; London and South-Western, 106/.

SATURDAY, ONE O'CLOCK.

In the English Market there has not been the least variation ; Consols for Money are 95 4, and for Account 951 1. Exchequer Bills 11 15 premium. Foreign Stocks have been very quiet, and are without alteration.

Railways are rather better ; North British has improved 2/. 10s., and Great Western 7s. 6d.; Caledonian continues weak. Caledonian, 511; Eastern Counties 91; Great Northern, 96; Great Western, 641; Lanca- shire and Yorksiire, 981; London, Brighton, and South Coast, 1061 ; London and South-Western, 107; Midland, 811; North British, 401 ; Great Indian Peninsula, 22; Great Western of Canada, 251; Northern of France, 411; Paris and Lyons 541. Mines-Brazilian Imperial, (issued at 51. prem.,) 21; Ditto St. Jollii del Rey, 21; Cobre Copper, 531, Joint Stock Banks-British North American 68; English, Scottish, and Austra- lian Chartered, 171 • London Joint Bieck, 32; London and Westminster, 49k; Oriental Bank' Corporation, 40; Ottoman Bank, 91.; Royal British, 29; Union of London, 28. Miscellaneous-Crystal Palace, 21; General Screw Steam Shipping Company, 13; Peninsular and Oriental Steam, 66.

3 per Cent Consols Ditto for Account 3 per Cent Reduced New 3 per Cents Long Annuities Bank Stock 954 95 i 95

95 0

3 16 2181 194

Dutch 24 per Cents

Ditto 4 per Cents Mexican 8 per Cents Peruvian 41 per Cents Ditto 3 per Cents Portuguese 4 per Cents 64 6 97 9 221 3 82 4 58 60 49 51 Exchequer Bills 11 15 pm Russian 5 per Cents 111 13 India Stock 233 6

Ditto 41 per Cents

98 100 Austrian 5 per Cents 87 90 Spanish 3 per Cents 441 51 Brazilian 5 per Cents 101 3 Ditto Deferred 25 1

Belgian 44 per Cents

97 9 Sardinian 5 per Cents 91 3 Chilian 6 per Cents 104 6 Swedish 4 per Cents 85 8 Danish 5 per Cents 103 5 Turkish 6 per Cents 1031 4 Ditto 3 per Cents 84 6 Ditto 4 per Cents Guaranteed . 1031 4

RAILWAY ARRANGEMENTS.

In the report of the Directors of the South-Eastern Company the receipts are entered at 503,1771.-an increase of 35,039/. over the same period of 1855. A dividend of 9s. 6d. per 301. stock will be paid from the bahmee of 123,1911., and leave 5491/. At the half-yearly meeting, on Thursday, the report was agreed to. The Bristol and Exeter Company in their report show that the receipts for the half-year have been 161,224/., and the expenses 81,397/. • the disposable sum is 56,200/. It is recommended to apply 10,1191. to extinguish the sus- pense account, 45,000/. for the usual dividend of 41 per cent per annum, and 1080/. to be carried forward. The half-yearly meeting was held at Bristol on Thursday. The chairman offered his congratulations on the satisfactory, steady, and encouraging prospects of the property. The report was adopted. The revenue account for the half-year of the Lancaster and Carlisle Com- pany shows that 149,574/.itas been received, and 66,519/. expended ; 53,700/. will be applied to dividend at the rate of 71 per cent per annum on the Or- dinary Stock.

The Newcastle and Carlisle Company will pay on the 5th of September an intermediate dividend of 2/. 10s. per amt for the half-year on the Ordinary Shares.

The receipts of the Lancashire and Yorkshire Company for the half-year have amounted to 532,6041., against 480,9181. at the same period of 1S55; the disbursements have been 208,715/. From a balance of 339,561/. it is proposed to pay a dividend at the rate of 41 per cent per annum, and to leaves surplus of 6730/.

At the meeting of the proprietors of the English, Scottish, and Australian Bank, on Wednesday, the dividend at the rate of 4 per cent per annum was declared, but not without opposition, some shareholders contending that all the profits ought to be carried to the reserve fund. The losses during the

Australian crisis were is than had been originally estimated, but the business of the bank is now improving. It was suggested, that as the capital is intact, it would be well to wind up the concern while a full return can be insured : but this proposal met with little support.

The dividend of the General Steam Navigation Company is at the rate of 10 per cent per annum.

The Submarine Telegraph Company have declared a dividend at the rate of 7 per cent per annum.

At a meeting of the Victoria Dock Company, on Thursday, it was stated that business is very satisfactory ; the tonnage of ships entering per diem exceeds that of the St. Katherine, London, or Commercial Docks.

The proprietors of the General Screw Steam Company have resolved that the company shall be dissolved.

The Levant Mineral Company, with a capital of 250,000/., of which. 100,000/. is to be paid-up, propose to develop the mineral resources of Turkey and the Levant, commencing operations with mines of emery at Scalanova in Anatolia and Naxos in the Grecian Archipelago.