MONEY MARKET.
STOCK EXCHANGE, FRIDAY AFTERNOON.
Upon the first appearance of the Revenue returns, on Monday morning, some disappointment was expressed: when, however, the large recent reduction of taxes was taken into consideration, it became evident that the revenue for the past quarter had reached quite as high an amount as could under the circumstances have been expected; and the Funds recovered from their trifling depression. The usual notification from the Commissioners for the Reduction of the National Debt states the surplus of income of the United Kingdom for the year ending 5th April last, at 6,342,4351. 17a. 3d; and that one-fourth of this amount—viz. 1.585,6081. 19a. 4cL—will be applicable to reduction of the National Debt during the quarter ending 10th October next. Of this, 1,000,0001. is to be applied to the reduction of the amount of Deficiency Bills outstanding, and the balance invest- ed in the purchase of Stock.
The various Stocks which have been closed for the Dividends opened for pri • vats transfer on Monday; and Money transactions have been resumed in them after an interval of six weeks. The Dividends were paid to the public on Wed- nesday; and we have consequently to notice more transactions in the English Funds during the past week than for some time. The Bank-broker has pur- chased New Three-and-a-quarter per Cents extensively, at the same time selling large amounts of Three per Cent Consols; which has increased the demand already existing for the Three-and-a-quarter per Cent Stock, and caused a dis- proportionate advance in its price. Some large purchases occurred at the same time with those noticed above; and for a day or two the jobbers had some diffi- culty in supplying the amount of Three-and-a-quarter per Cent required. But Stock has since been thrown upon the market; and the prices today differ but little from those of last week.
The transactions in Foreign Bonds have been altogether unimportant. Some fluctuation has occurred in Spanish Stock; the Bonds, which haden depressed, having risen slightly, to fall- again today: but no transactions of moment have occurred in them; all extensive operations, from the limited nature of the market, being impossible. The transactions in Railway Shares have been trifling; and all speculation, in the English lines at least, appears for the present at an end. One or two large bargains have occurred in some of the minor descriptions of French Shares: but generally, these, as well as the Belgian, are neglected and depressed. The proro- gation of the Chamber of Deputies, in a few days, will tend still further to deaden speculation in many of the lines; and though some attention will be directed towards the Shares of the Companies competing for the Great Northern line of France, by the determination of the concession, (which is to take place on the 20th August,) there seems little immediate prospect of any revival in this depart- ment. The Shares of Rommel's Great Northern line are rather more in demand; as it is now quite clear that the rumours adverse to this Company—to the effect that, from some informality, there was no chance of the Directors being allowed to become competitors for the line—are entirely without foundation.
SATURDAY, TWELVE O'CLOCK.
NV-0 cannot notice any alteration or business of importance in either the English or Foreign Funds. The transactions in Railway Shares have as yet been confined to the following, and there is no material variation from the prices of yesterday afternoon: Newcastle and Darlington Junction, 53k; Newark and Sheffield, 1 2A; Rugby., Worcester, and Trmg, : South-eastern and Dover, (New No. 1, 1'81. South Wales, si ; Welsh Midland, 311; Great North of France, (Lafittes, Great North of France, (Rosamels,) 2i. SATUIDAY, Two o'csoci.
The English Funds have declined 3 per cent since this morning, and close at that depreciation. In the Foreign, both varieties of Spanish Stock are lower. The business in Railway Shares has been general, without material change in prices, except a considerable rise in the price of the Dutch-Rhenish Railway, namely, to 433premium. We have to notice the occurrence of the following bargains in addition to those given in the morning; the quotations being at per share, without regard to premium or discount: Birmingham and Oxford, 433; Bristol and Gloucester, 563; Caledonian 103; Cambridge and Lincoln,4.3 5; Chester and Holyhead, 1533; Direct Northern, 33; Dublin and Belfast Junction, 71; Ditto and Galway, 33; Ditto and Mullingar, 3; Eastern Counties, 213 3; Eastern Union Extension, 23; Edinburgh and Glasgow, 7435; Great Southern and Western, (Ireland,) 213 Great North of England, .240 ; Croydon, 223 3; Lancaster and Carlisle, 48 73; Blackwell, 93 3 3; South-western, 813; Ditto, New 14 13; London and York, 3311; Lynn and Ely, 53; Ditto and Dereham, 23; Manch:Niter and Birmingham, 593; Midland, 189 191; Newark and Sheffield, 23; North British, 25 43; Oxford and Worcester, 63; Boulogne and Amiens, 103' Orleans and Vierzon 143; Orleans, Tours, and Bordeaux, 103 43; Paris
Rouen, 393; East Indian, 3.
3 per Cent Consols 981 9 Ditto for Account 981 9 3 per Cent Reduced.. 994 1 1021
34 per Cents Long Annuities
Bank Stock 211 1 Exchequer Bills Prem. 56 58 India Stock 276 Brazilian 5 per Cents 90 99
Belgian 42 per Cents 99 100
Chllian 6 per Cents 99 101 Columbian ex Venezuela In 18 Danish 3 per Cents 89 90 Dutch 24 per Cents.. ex div 6244 Ditto 4 per Cents 99 4
Mexican 5 per Cents 364 7
Ditto Deferred 204 1 Portuguese New 5 p. Cts. 1841 651 64 Ditto 4 per Cents 1845 64 66 Russian 5 per Cents 1174 184 Spanish (Active) 5 per Cents 264 4 Ditto 3 per Cents 1842 371 i
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