14 APRIL 1849, Page 9

MONEY MARKET.

STOCK EXCHANGE, FRIDAY AFTERNOON.

The English Stock was heavy at the commencement of the week; Consols having fallen to 91* for Money. An improvement of 1 per cent has since oc-

curred ; and after being at 92k for Money and 92,1 for Account, the closing quo- tation this afternoon is 92* for Money and 92k sellers for Amount. The settle- ment of the Consul Account was on Wednesday; and though some of the minor- speculators found it difficult to carry on their accounts, Stock was in reality scarce. This can scarcely be wondered at when the low rate of interest for money is considered; the discount for first-rate commercial bills ranging from 1* to 2 per cent. The principal cause of the fluctuation is to be found in the Schleswig- Holstein question. The reports received on Monday and Tuesday caused the de- cline already noticed. In the almost total absence of any later intelligence, the prices of the public securities have been reestablished. We understand that the letters by the Hamburg mail this afternoon do not bring any political intelligence of importance. In the Foreign Market, the transactions have been chiefly confined to Mexican Bonds; the fluctuation of which has hardly exceeded 1 per cent; while the closing price this afternoon is nearly the same as that of last week-30k. Messes. Schneiderhave modified the declaration which they require the holders of Mexican Bonds to sign in order to the receipt of three fourths of the last over-due dividend. From the wording of the acknowledgment previously required, it was believed that the holder of the Stock would incur a personal liability to return the amount received in case the Mexican Government should disavow the payment as pro- posed by their agents. By the present form of acknowledgment this liability is avoided; and it is now the prevailing opinion that the Bondholders will take the dividend in the form proposed. The reported death of Cabrera and the arrest of the Count Montemolin have given an impetus to Spanish Stock of both varieties; the Active Stock reaching 174, and the Three per Cents $2. The South American Bonds are without material variation, and nothing has occarrred in the Northern European Stocks to require notice. Portuguese Stock is rather more in demand; and there seems some disposition for speculation upon the chance of the payment of another dividend in July next.

The Railway Shares are without material change: most of the principal lines are within a trifle of our last quotations, and no business of importance can be noticed in them. The market can hardly, however, be considered firm. The same remark is applicable to Foreign Shares, which have been without material fluctuation, or any large transactions.

SATCEDAY. Twra.vz o'Cxocx.

The opening prices of Consols were 94 for Account and 92k for Money; since which the quotation has declined to 92 for Money and 92k for Account, and now is 92k for Money and 92k * for Account. There seems a disposition to sell Stock, and the marketicannot be considered as firm at present prices. There is no material variation or business occurring in the Foreign Stocks or Railway Shares, the at- tention of the brokers and dealers being engaged in the preparations for the settle- ment of the Stock and Share Account on Monday, which is heavier than usual.

3 per Cent. Consols Ditto for Account 3 per Cent Reduced

at per Cents

Long Annuities Bank Stock Exchequer Bills India Stock Brazilian 5 per Cents Belgian 4 per Cents i Buenos Ayres Cbilien 6 per Cents 921 921 1 901 I 911 i 87-16 9-16 193 4 47 50 prem.

243 78 80 82 4 38 4 90 4 Danish 3 per Cents Dutch 21 per Cents Ditto 4 per Cents Mexican 5 per Cents New Grenada Portuguese N.4 per Cents 1842 Portuguese Old 1824 Russian 5 per Cents Spanish (Active) 5 per Cents Ditto 3 per Cents 1842 Venezuela 28 29 66 8 491 50/ 771 81 291 30/ 18 19 271 81 74 6

10 173 5

1* 311 21

The accounts of the Bank of England for the week ending the 7th April exhibit, when comptred with those of the preceding week the following results-

BASSIN,' DEPARTMENT. Increase. Decrease.

Rest £806,228 — Pcblie Deposits

£38,421.

Other Dep.,sits 337,344 — Seven-day and other Bills 34,774 — Oovemment Securities, including Dead-weight 300,000 — Other Securities 154,332 — Notes unissued

723,620 Actual Circulation 335,915 —

ISSUE DEPARTMENT.

Notes issued — 387,625 Bullion

322,204

This week.

Last week.

Total Bullion In both Departments 14,875,480 15,197,684 Actual Circulation 18,281,905 17,905,990