MONEY MARKET.
STOCK EXCHANGE. FRIDAY ANTEXX 00N.
The symptoms of weakness which the English Funds presented at the close of last week prevailed to a greater extent at the commencement of the present week. On Monday, Consols declined to 97/ ; arising from specu- lative sales, and a strong impression that the Bank would raise its rate of discount on Thursday to 4 per cent. A large purchase for the Court of Chancery on Tuesday caused them to rally 1; which was subsequently lost, and succeeded by increased dulness at the opening on Wednesday ; for Consols fell to 97/, sellers, when the debates on the Turkish question the night before were canvassed. Later in the day they rallied 1, money be- coming less in demand : this stifled former predictions, and led to a belief, which yesterday proved, to be correct, that the Bank rates would not be dis- turbed for the present. Yesterday, the exchanges being more favourable, and money easier, the Funds experienced a further advance,. and Comas closed at 981 I. Today they dose at the same price, after being 1 higher. The French Funds came rather lower this morning. Bank Stock is 1, and Exchequer Bills IL higher this week. India Stock has not altered. The Corn-market on Monday was heavy, and a decline of 38, occurred; on Wed- nesday it recovered Is. Foreign Securities have been finn ; the rise of last week has been generally maintained, in some cases leading to further improvement. An advance has taken place in the following Stocks—Peruvian Four-and-a-half per Cents, and Deferred, Portuguese Four, Austrian Five per Cents, and Granada De- ferred, 1; Dutch Four per Cents, 1; Spanish Three per Cents, 1. Buenos Ayres has fallen 8, closing today at 646, Mexican Stock has not altered. Railways were very heavy on Monday ; partly affected by the settlement of the Account, the supply of Stock having been rather large. Several sales took place. Speculators continued to be guided in a great measure by the unfavourable nature of the half-yearly reports ; which present good traffic- returns, but the expenditure far exceeds expectation. Yesterday a slight rally occurred, and at the close the difference in some of the leading lines compared with last Saturday was to the following extent. Increase— Shrewsbury and Birmingham, 21.; - Oxford, Worcester' and Wolverhampton, 16s. Decrease—York and North Midland, 11. 10s. ; Great Northern, Lan- cashire and Yorkshire, and Norfolk, 11. • Great Western and South-eastern, 15s.; East Lancashire, London and North-western, Midland and York, New- castle and Berwick, 10,.; - London and South-western, 5s. Foreign Shares have been very firm, and an improvement in the following lines has occurred—Paris and Orleans 21.; Paris and Strasbourg, 1/. 12s. 6d.; Paris and Rouen, 11.; Great Central of France, 128. 6d. ; Paris and Lyons, Rouen and Havre, and Southern of France, 108.; Grand Junction of France, North- ern of France, Sambre and Meuse, and Western of France, 6s. At the meeting of the London and North-western Railway, last week, the report and accounts were adopted, and the dividend was at the rate of 5 per cent per annum. The chief points discussed were increased expenditure and Par- liamentary opposition to competing lines. There appears to be no chance at present of arranging differences with the Great Western.
Today the English lines have not altered. Foreign are rather lower.
SATCEDAT, TWELVE O'CLOCK.
The English Funds are steady this morning, at the quotations of yester- day, without any particular feature. Consols for Money and Account 981 1,
Eiehequei Bibs 2 discount I premium. In Foreign Stocks there is nothing doing; the only alteration is in Spanish Three per Cents, which are I lower, being now 47i f. The Railway Market is rather inactive ; the business recorded has been in the following lines—Caledonian, 66k; Lancashire and yoswise, 7di ; Midland, 71i ; York and North Midland, 59.
8 per Ceat Consols 981 1 Danish 3 per Cents 84 6
Ditto for Account ...... .... 98 Dutch 24 per Cents 644 54 3 per Cent Beduced 984 Ditto 4 per Cents 98 9
34 per Cents 1011 a Mexican 3 per Cents NI 74
Long Annuities 5 15-18 Peruvian 44 per cents 84 6 Bank Stock 228 9 Portuguese 4 per Cents 44 5 Exchequer Bills .... ..... 2 dis. I pin. Russian 5 per Cents 117 19 India Stock 257 9 Ditto 44 per Cents 101 2
Brazilian 5 per Cents 101 3 Spanish 3 per Cents
Belgian 44 per Cents 98 100 Ditto Deferred 27 31 1
chili= 6 per Cents 104 6 Sardinian 5 per Cents 96 7
Danish 5 per Cents 106 8 Austrian 5 per Cents 98 100
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