MONEY MARKET.

STOCK EXCHANGE, FRIDAY AFTERNOON.

The Bank of England yesterday reduced the rate of discount from 6 to 5 per cent. From the constant arrivals of gold from Australia, and the large amounts that are daily deposited at the Bank, there was a confident feeling towards this inurement; and the anticipation of the event caused money on the Stock Exchange for short periods to be worth only 4 per cent. In the discount-market there has been also greater ease, and the negotiations have been considerably below the Bank rate. There has been consequently a further improvement in the English Funds. The amount of the dividend in Consols (it per cent) will be taken off the price on the 7th of June : and this last tended to enhance the value of the Stock; it has been dealt in at 944 to 96k. Yesterday there was a decline of 4, through the impression that the American question is becoming more complicated ; but greater firmness was shown when the alteration in the rate of discount was announced. Today, .Consols were done at 944, and leave off at 94I for Money and Account. Bank and India Stocks are 1, and Ex- chequer Fills 26. better. On Wednesday, the Bank commenced delivering the Scrip for the new Loan to holders, in eiehange for the letters of allot- ment; and today the settlement of .the Account in the Scrip has been ar- ranged. A large amount, nearly a million, lent by the Bank for deposits on the Loan, has been repaid today. The Scrip has been at 21 premium, but it is now 24 1. The Committee of the Stock Exchange were unable to close the house i yesterday for the Peace celebration, owing to the continu- ance of business n the Transfer-offices at the Bank; but they arranged that transactions should terminate at two o'clock. Rumours have been circu- lated in Paris of a new Loan, and the French Funds have receded a little.

The Corn-Market has fallen la The gold received from Australia this weeklies amounted to 183,363/.

The Foreign Market continues to be supported, and there has been a rise of 1 per cent in Belgian, Russian Five and Four-and-a-half per Cents, Sar- dinian, and Venezuela. Turkish Six per Cents have advanced ; Ditto Four per Cents, and Spanish, 4. In Railways, there has been a steady improvement. The settlement of the Account took place yesterday, and interfered with the general business; - but there are now signs of renewed activity—Great Western is recovering from its recent depression, and is 614 I; Lancashire and Yorkshire, 931 f ; London and /forth-Western, 1021 London and South-Western, 984 9f. There has been less doing in French Shares ; and in some cases no change has occurred. Paris and Lyons are 1/. 6s. and Northern of France, 156. higher ; Western and North-Western of france, 108. lower. SATURDAY, Twin.vx.o'CLoca. The English Funds are dull this morning, and have declined 4. Consols

for Money and Account are 94 f. Exchequer Bills 2 discount 1 premium There is a large increase in the Bank of England return of bullion-756,939S The Chancellor of the Exchequer has notified respecting the payment or re- newal of the Exchequer Bills dated in.' June and .August 1855 • these are to be sent in on or before the 9th of' June ; the new Bills will bear the same rate of interest-24:d. per day, or 31. 16s. Id. per annum. Foreign Stocks present no alteration. Railways are a little lower—Caledonian, 614; Chester and Holyhead, 154:; Lancashire and Yorkshire, 934:; North British, 364; North-Eastern—York, 694:; South-Eastern, 721.

SATURDAY, ONE O'CLOCK.

In the English Funds there has been a further fall of k, the effect of sales based upon the possibility of unfavourable news from the United Stateson Monday. Consols for both Money and Account leave off at 944 f. Exche- quer Bills 2 discount 1 premium. Consol Scrip, 2 li premium. In Foreign Stocks, Mexican is 1 lower; Granada Deferred has been done at 7 Spanish 11

Passive 7, Ditto Certificates 6/, Equador Peruvian Dollar Bonds :

Railways have continued heavy—Eastern Counties, 101 ; Great Northern, 954; Great Western, 61; Lancashire and Yorkshire, 931 ; London, Brighton, and South Coast, 1031 ; London and North-Western, 1021; London and South-Western, 98(j Midland, 79- North-Eastern—Berwick, 821; Ditto York, 694 ; South-Eastern„ 724. Preference Share—North 10 , Great Indian Peninsula, 22/ ex new' Great Western Of Canada, Northern of France, 454:. Mine—Brazilian Imperial St. John del Rey, 26. Joint Stock Banks—Australasia, 97' London and County, 334:; London Joint Stock, 314:; Ottoman, 114 South Australia, 381 ; Union of .Australia, 74. Miscellaneous—Crystal Palace, 24; South Australian Land, 37.

3 per CentConsols Ditto for Account 3 per Cent Reduced New 3 per Cents Long Annuities Bank Stock

94 4

94 93 93 3 -16 2161 171

Dutch 24 per Cents

Ditto 4 per Cents Mexican 3 per Cents Peruvian 41 per Cents Ditto 3 per Cents Portuguese 4 per Cents 64 6 94 6-

221 54 77 9, 54 6' 50 2

Exchequer Bills 2 dis. 1 pm. Russian 5 per Cents

105 7

India Stock 233 6 Ditto 41 per Cents

95 7

Austrian 5 per Cents 90 3 Spanish 3 per Cents 461 71 Brazilian 5 per Cents 99 101 Ditto Deferred

251 6

Belgian 41 per Cents

-95 7 Sardinian 5 per cents

94 6

Chilitui 6 per Cents-

103 5 Swedish-4 per Cents 8'7 90 Danish 5 per Cents 101 3 Turkuili 6 per Cents

901 1

Ditto 3-per Cents 88 5 Ditto 4-per Cents Guaranteed

1034 4

BANK OP ENGLAND.

An Account, pursuant to the Act 7th and 8th Victorla, cap. 32, forthe week ending on Saturday, the 24th day of May 1856.

ISSUE DEPARTMENT,

N Notes issued £24,413,875 Goverathent Debt Other Securities Gold Coln and Bullion Silver Bullion . £11,013,100 3,459,000 9,938,875

• - C34,413,875

£24,413,875

RANKING DEPARTMNNT.

Proprietors' Capital £14.303,000 Government Securities (inclu-

Rest 3,254,763 ding Dead Weight Annuity). E12,479,415

Public Deposits* 6,555,693 Oilltr Securities 15,377,045 Other Deposits 11,472,481 Notes 5,681,0541

Seven Days and other Ellis— 742,904 Gold and Silver Coin 619;929 £33,558,351 £33,559,351 • Including Exchequer, Saving-Banks, Comm-Wieners of Itatiagl Debt, & Dividend Accts..

The annual meeting of the National Bank was held on Wednesday. The bank is in a prosperous state ; business is increasing both in London and Ireland, and new branches have been formed. A dividend of 6 per cent and a bonus of IN. per share were declared.

The chief office of the Royal British tank will be removed on Monday next to the new premises in Threadneedle Street, formerly the South Sea House.

The Western Bank of London will commence business, at the bank pre- mises in Hanover Square, on the 16th June.

The ardour of speculation in Paris has just been illustrated by the intro- duction of a new undertaking in rivalry with the Clio:lit Mobilier, The Government at present refuse to allow the creation of any more joint-stock concerns in the ordinary way ; but MM. Saint Paul and Co. having pro- posed a seheine to be called t'Union Financibre et Industrielle, with a capi- tal equal to 4,000,0001. in 200,000 shares of 20/. each, to be conducted aa a partnership en commandite, the subscription was filled with avidity, and the shares (of which 50,000 are to constitute the first issue) were dealt in on Sunday at nearly 61. premium. At the same time, the public are paying a rate of interest equal, with brokerage, to 12 per cent,_ to carry on their pur- chases of Rentes, and 15 to 20 per cent on Shares.—Tiines.