MONEY MARKET.

STOCK EXCH•NOX, FRIDAY ATIMBNOON.

The demand for money which had existed for several weeks continued nearly undiminished both in the Stock Exchange and out of doors until yes- terday, when it became easier—money might be had at 2/ per cent, the rate for advances on Government Securities having been previously about 3 ,per cent. The English Funds have this week been firmer, and yesterday I im- provement had been established compared with the depressed prices of Sa- turday last ; Consols closing at 1001 i for Money and loot i for Account. Today the price for present delivery has improved 1, leaving off at 10011 for Money and Account. The progress of the conversion of the Three per Cent Stocks is closely watched; and the amounts of New Stocks accepted, according to the Bank of England and South Sea House returns at the close of the last and during the present week have been as follow.

Three-and-a-1141pr Cents.

Saturday 617,301 8 6 Monday 17,633 19 6 Tuesday 10,827 14 11 Wednesday 9,878

Thursday 10.171 6 8 Booth Sea House.

Tuesday 200 0 0 Wednesday 100 0. 0

Thursday 4595 12 1

10 1 Toss-and-a-half per Cents. Faxhatluer Bonds. £58,100 18 6 .. ,. Nil, 28,200 17 6 .... 11700 28,278 10 4 Nil.

48,811 5 9 •• • • NiL 4289 0 0 NU; 16,925 10 8 .... NIL ••• • 37,821 LS a •••• BUS The aggregate amount accepted up to last evening was 1,415,3001. 10s. 6d. at the Bank, and 98,2501. 15s. 10d. at the South Sea House.

Exchequer Bills have undergone very little fluctuation; although a notice was issued on Monday, that the June descriptions would be renewed at the reduction of one penny per day. The trifling alteration in price is the more commented upon from an anticipated scarcity of Bills on the market, arising from amounts sent in to be paid off or converted into Exchequer Bonds, bear- ing 21 per rent interest from 8th June next until 1st September 1864, and afterwards 21 per cent until let September 1894; application to be made on or before the 25th instant. The conversion also concerns the March bills. It will be seen from the above returns that no desire exists to take up these Exchequer Bonds at present ; which is chiefly accounted for by the public being unwilling to exchange a security which so soon arrives at maturity for another at distant date. In consequence of the notice, Exchequer Bills on Tuesday declined, closing that afternoon at 1 discount 3 premium : they have since slightly rallied, and are today par 3 premium. Bank Stock has improved 1 this week ; India Stock has not-altered.

The Foreign Market has been very inactive, and most of the leading secu- rities are of the same value as last week. The Stock that claims most par- ticular notice is Buenos Ayres : the rise of 5 per cent last week has been succeeded by a fall to that extent, owing to news on Tuesday from the river Plate, that the proposals for peace agreed to between the Commissioners of Urguiza and the Government of Buenos Ayres were formed as regards Ur- guise for treacherous objects, and a recommencement of hostilities was anti- cipated; altogether, the accounts were considered very discouraging. The Stock fell to 66 on receipt of the news, and the following day to 65: it has since rallied a little' closing. today at 66 9. The news has been in some measure discredited, but it is still believed by many. Danish Five per Cents are 1, Dutch Four per Cents and Sardinian 1, Mexican 4, and Greek better this week. Peruvian has not recovered from its recent depression.

Railways have been steady throughout the week. The settlement of the Account took place on Monday ; and after its adjustment a slight recovery occurred, which has been maintained in several instances. The operations have been very trifling. At the close of the market yesterday, the difference in value in some of the leading lines compared with Saturday last was to the following extent. Increase—Caledonian, 2l.; York and North Midland, 1/. ; East Lancashire, London, Brighton, and South Coast, Oxford, Worcester, and Wolverhampton, and York, Newcastle, and Berwick, 10s. ; Great Western, Lancashire and Yorkshire, Midland, and South-eastern, 6s. Decrease—Cork and Bandon, and Shrewsbury and Birmingham, IL; Northern of France, and Paris and Rouen, 108.; Western of France, 5s. Paris and Orleans are 10s. and Sambre and Meuse 5s. higher. Today the English lines have slightly improved, but Foreign are a shade lower.

SA.TORDALY, TWILYE o'Ctocx. The English Funds are steady at the quotations of yesterday: Consols for Money and Account 1001 /. The amounts of New Stocks accepted yester- day were as follows—

Bank of England. South Sea House.

Three and-a-half per Cents £4645 2 9 £1428 11 5 Two and-a-half per Cents 14,175 0 0 13,178 3 0 Exchequer Bonds Nil.

In Foreign Stocks the only alteration is in Spanish, which is rather higher; the Three per Cents are now 49 to 1, and Deferred 24 to 1. Rail- ways are a little better; the bargains recorded are in the following Shares— Caledonian, 704; Great Southern and Western (Ireland), 113; Edinburgh and Glasgow, 744; Leeds Northern, 161; Midland, 751.

SATURDAY, Two; o'CLocx.

In the English Market the money price of Consols has declined 1, closing at 1001 4, and 1001 1 for Account. Exchequer Bills are also lower, being 1 discount to 1 premium. No activity has been exhibited in the Foreign Market. Buenos Ayres continues dull at 66 9, and Peruvian Deferred at 64 6. Swedish Loan has been done at 11 discount. Australian Agricul- tural Shares close at 77 9, and Peel River Land and Mineral 4 / premium : no bargains have been marked in either. Railways leave off rather firm, but not many descriptions have been dealt in. The following are the latest transactions—Ambergate, Notts, Boston, and Eastern Junction, 61; Caledonian, 701; Eastern Counties, 134; Eastern Union, Class A. late E. U. Shares, 101; Edinburgh and Glasgow, 744; Great Northern, 891; Ditto Half-shares A Deferred, 56; Great Southern and Western, (Ireland,) 1131; Great Western, 911; Lancashire and York- shire, 801; Ditto Fifths, 12; London and Blackwell, 94; London and North-western, 1181; London and South-western, 901; Manchester, blef- field, and Lincolnshire, 304; Midland, 754; Norfolk, 54; Oxford, Worcester, and Wolverhampton, 531' Scottish Central, 96; South-eastern, 751 York, Newcastle, and Berwick, 72; York and North Midland, 641; F.astern Counties Extension New 6 per Cent Stock, 15; Great Northern 5 per Cent, 131; Paris and Lyons, 281; Paris and Orleans, 444; Paris and Rouen 451; Paris and Strasbourg, 384; Rouen and Havre, 211; West Flanders, 41 ; Western of France, 21. Mines—Brazilian Imperial St. John Del Rey, 31k; United Mexican, 51. Joint Stock Banks—Australasian, 871; Commercial of London, 311; London and Westminster, 351. Miscellaneous—Peninsular and Oriental Steam, 811.

3 per Cent Consols

Ditto for Account 3 per Cent Reduced 34 per Cents Long Annuities Bank Stock Exchequer Bills India Stock Brazilian 5 per Cents Belgian 44 per Cents Chilian 6 per Cents Danish 5 per Cents

1004 3

1004 100 4 1024 4 5415.16 229 30 1 di,. 1 pm. 261 263 100 2 97 9 102 4 104 7 Danish S per Cents Dutch 24 per Cents Ditto 4 per Cents Mexican 3 per Cents Peruvian Scrip Portuguese 4 per Cents Russian 5 per Cents Ditto 44 per Cents Spanish 3 per Cents Ditto Deferred Sardinian 5 per Cents Austrian 5 per Cents

84 6 654 64 96 7 264 74 24 34 394 404 119 21 104 5 494

24 1 98 9 100 102