MONEY MARKET.

Steen Rem:mesa Fame: Arraaareer

The English Stock Market has been in a. quiescent state; speculators ;Id capitalistseing_reduced to inaction by uncertainty as to the funding of Ex... chequer Bills. There seems no probability of a solution before the 18th, when the financial statement will be made. The fluctuation of Consols has not ex. ceeded * per cent; the closing quotations this afternoon being 89fi for Money, and 89i; * for Account--nearly those of last week. The rate of discount rallgei from 3 to 4 per cent; the former • being the.more current rate for approved bills. Money, therefore, is abundant. Exchequer Bills are rather lower; March kilts being 18s. to 21a, and June Bills 24e. to 28s. Bank Stock continues firm from 200 to 202; and India Stock is without change.

In the Foreign Market, the transactions have beenmearly as limited as those in the English Funds; and we cannot notice any change of importance in the re- lue of the Dividend-paying Stooks. Peruvian has declined about 6 per cent, and has fallen as low as H.

The publication of the accounts of the Brighton Railway Company for the half-year just ended affirm the truth of a rumoured reduction in the dividend to 4 per cent; the Shares have consequently experienced a decline of about 308.; having fallen from 39 to 37, and since fluctuated between 37 and 38. All the principal Railway Shares are today lower than last week. North-western are shoat 21. lower; and the other principal lines may be quoted at a decline of from I/. to 2/. The meeting of the Brighton Company was summoned for today; but the assembly of proprietors was so numerous as to fill to overflowing the room engaged at the London Tavern, and an adjournment till Monday took place, without the transacting of any business.

The accounts of the Bank of England, for the week ending the 5th February, exhibit when compared with those of the preceding week the following results-

BANEINO DEPARTMENT. Increase. Decrease.

Rest

£77,048

Public Deposits 402,860

Other Deposits

£469,060 Seven-day and other Bills

96,756 Government Securities, including Dead-weight

Other Securities

433,313 Notes unissued 43,610

Actual Circulation

5,965 ISSUE DEPARTMENT.

Notes Issued 428,645 — Bullion 431,440 —

This week. Last week.

Total Bullion in both Departments 13,821,754

13,390,314 Actual Circulation

19,135,955 19,144,920

SATURDAY, TWELVE O'CLOCK.

The English Funds have advanced * per cent; the price of Consols, both for Money and Account, being 891 1. The market is firm, and though a large sale for Tuesday has been effected, prices have not given way. The business of the Foreign Market is unimportant, and prices nominally the same. The Railway Shares are without any sign of improvement; the following are the principal transactions of the morning: Buckinghamshire, 24.; Eastern. Counties,. 15a; East Lincolnshire, 18; Lancashire and Yorkshire, Fifth-shares, 8i, ; Ditto, Six- teenth-shares, 61; Great Northern, 4i; Brighton, 8Th 37; South-western, 51:1 50; Ditto, Thirds,: fi 4 dis.; Midland, 501., In i; South.eastern and Dover, 301; York and North Midland, Preference, 15i; Ditto E. and W. Riding Union, 35*$ 3 per Cent Consols 804 j Danish 3 per Cents 83 5 Ditto for Account kg: i Dutch 24 per Cents 544 3 per Cent Reduced 894 i Ditto 4 per Cents. 84 f 35 per Cents 904 0 Mexican 5 per Cents 1846... 184 10 Long Annuities 9 1-16 New Grenada 20 21 Bank Stock 200 202 PortugueseN.4pexCe.nts1842 26 7 Exchequer Bills 18 24 prom Portuguese Old 1824 79 81 India Stock 241 3 Russian 5 per Cents 109 i 11 Brazilian 5 per Cents 85 7 Spanish (Active) b per Cents 214 I Belgian 44 per Cents 89 91 Ditto 3 per Cents 1842 314 24 Buenos Ayres Venezuela . . 38 40 Chillan 6 per Cents 90 2 BANK OF 'MULLED. An Account, pursuant to the Act 7th and 9th Victoria, cap. 32, for the week ending on Saturday, the 5th day of February 1848.

ISSUE DEPARTMENT.

Notes Issued £27,210,880 Government Debt ...... Other Securities Gold Coin and Bullion Silver Bullion C11,015,100 2,954.900 12,767,885 1,443,015

627,210.880

p27,210,1380 I

BANRINO DEPARTMENT.

Proprietors' Capital Rest .£14,565,000 3,003,999 Government Securities, (in- eluding Dead Weight Annuity)£11.553.914 Public Deposits*

4,574,063

Other Securities 13.663592 Other Deposits 10,299,027 Notes 0,074,925 Seven Day and other Bills .... 898,217

Gold and Silver Coin

610,874

434,128,305 £34,128,205

• Including Exchequer, Sayings Banks, Commissioners of National Debt 22 Dividend Accts,