MONEY MARKET. STOCK EXCHANGE, FRIDAY AFTERNOON.

The English Funds have, after some fluctuation, recovered the ground lost at the end of last week; Consols having today touched 88f, which is higher than they have been for some time. The settlement of the Account in Consols took place on Tuesday ; when the difficulty of supplying the large amount of Stock sold in anticipation of a fall was so great that Consols for Money commanded a higher price than for the next Account, 26th February. The market was, how- ever, supplied with Stock yesterday and today; and the price for Account is slightly in advance of that for Money. Under these circumstances, it is almost needless to remark that money is very abundant; the rate of interest upon loans for short periods in the Stock Exchange being from 2 to 3 per cent, while the rate of commercial discount for first-class bills may be taken at from 4 to 5 per cent. The premium of Exchequer Bills has undergone but little alteration, and is today 25s. to 28s. Bank Stock continues in demand, and has reached 1984, being an advance of nearly 2 per cent upon our last prices. India Stock has also risen to 237. Indeed, every description of funded security may now be quoted at prices higher than any that have been obtained for many. months. In the Foreign Market, the business has been of rather more importance than usual; and though prices were depressed upon any occurrence of a downward movement in the English Funds, the general result of the week's operations has- been to establish most of the better class of Dividend-paying Stocks at prices from to 1 per cent in advance of the lower rates. There appears likewise to be an increasing disposition to invest in this class of securities. Mexican Bonds have remained without any movement of importance; but the demand for the Pe- ninsular Stocks, which had slackened, seems in a slight degree to be reviving. Peruvian Bonds have advanced considerably, and have reached 39; an improve-. ment of more than 10 per cent in the last two or three months. A proposition• has been forwarded to the Government of the Republic on behalf of the Bond- holders, having for its object the conversion of the debt upon the same principles as those recently applied to the Chitin Bonds, viz, the issue of a Six per Cent Active Stock for the capital of the debt, and a Deferred Three per Cent Stock for the amount of the over-due Coupons. It will be some months before the decision of the Peruvian Government can be known; and in the interim the hopes of the speculators have given the stock the increased value already noticed.

The Railway Share Market does not exhibit any feature of importance. The prices of the leading varieties are generally rather in advance of those of last week; the cheapness of money operating to the encouragement of speculation. The transactions, however, have not been upon an extensive scale; nor has the renewed desire for this species of investment as yet become general. The French Shares have experienced some fluctuation; but have recovered from the occasional depression experienced, and are today nearly at the quotations of last week.

fhe accounts of the Bank of England, for the week ending January 15th, exhibit when compared with those of the preceding week the following results— BARKING DEPARTMENT. Increase. Decrease.

Rest X.35,818

Public Deposits

1,079,328.

Other Deposits

182,098 Seven-day and other Bills 55,612

Government Securities, including Dead-weight. 209,000

Other Securities

1,091,022 Notes unissued

162,985.

Actual Circulation 533,215

1181:11 DEPAITEHINT.

Notes issued 370,230

Bullion 244,241

This week.

Last week.

Total Bullion in both Departments 12,823,602 12,578,361 Actual Circulation 19,094,600 18,561,385

SATURDAY, TWELVE o'csocx.

The English Stock Market is firmer, without the occurrence of important transactions; Consols both for Money and Account having been done at 88f, and the price being now 88f 4. This improvement is doubtless in part attributable to the very favourable nature of the Bank returns for the week ending the 15th. instant; in which, notwithstanding the demand for bullion occasioned by the payment of dividends, the amount of precious metals in store had increase& 244,241i. Exchequer Bills are the same, viz. 26s. to 28s. premium. In the Foreign Market, the Peninsular Securities are rather more in demand, and a limited inquiry for both Portuguese and Spanish Stock may be noticed, though no improvement in price has taken place; the other Foreign Bonds are unchanged. The Railway Shares are generally firmer. The following are the principal transactions in this- department : Eastern Counties 16.4; Ditto, Guaranteed 6 per cent, 91; Great Nor- thern, 414; Great Western, Half-shares, 60k; Ipswich and Bury St. Edmund's, 81, ; Blackwell, 6; North-western, Quarter shares, Land B, 344; Ditto One-fifth Shares, 114; South-western, Third-Shares, lf discount; Midland, 115; North Staffordshire, 104 4; Reading, Guildford, and Reigate, 74; York, Newcastle and Berwick, 35; Ditto, Extension No. 1, York and Newcastle, 18*; Ditto, Purchase, 91; York and North Midland, Preference, 17 164; Ditto, East and West Riding Extension, 351; North of France, 114; Overyasell, 2 dia.; Paris and Lyons, 54.

SATURDAY, TWO O'CLOCK.

The transactions in the English Funds have been unimportant during tha morning; the price of Consols having varied from buyers to sellers at 884. Just before the close of business an extensive and influential purchase gave an im- petus to prices and the closing quotation, both for Money and Account is, 884 L- Exchequer Bills are the same, 26 to 28 premium. Not a single bargain is re- corded in Bank or India Stock. The business of the Foreign Market has been more important than usual, as the following list of bargains will indicate. With few exceptions the prices of most of the Stocks dealt in are without material change. It will be observed that Peruvian are improving, as are also both va- rieties of Spanish Bonds. Brazilian, 83; Equador, 4; Peruvian, 394; Portuguese, Four per Cents, 254; Russian, 1084 94; Spanish Active, 194 194; Coupons, 114; Passive, 444; Three per Cents, 291 30; Deferred, 101; Dutch Two-and-a-half, 544 34; Four per Cents, 854 44. The Railway Shares are without change. The following are the principal bargains since those given in the morning: Birmingham and Oxford Junction, 241; Bristol and Exeter Thirds, 15.' Chester and Holyhead, 19; Eastern Counties, 154; Great Western, 1044; Ditto, Half-shares, 604; Hull and Selby, 51; London and Blackwell, 6; London, Brighton, and South Coast, 444; London and North-western, 1524; North British, 27; North Staffordshire, 101, York, Newcastle, and Berwick, 35; York and NorthMidland, 764; Northern, of France, 11; Paris and Rouen, 31; Paris and Strasbourg, 44.

3 per Cent Collude Ditto for Account 3 per Cent Reduced

3-1 per Cents

Long Annuities Bank Stock Exchequer Bilis India Stock Brazilian 5 per Cents Belgian 44 per Cents Buenos Ayres Chilton 6 per Cents 884 i

884 f

884 4 894 8 15-16 26 — 28 prem.

81 3 89 91 OD 33 88 90 Danish 3 per Cents

Dutch 24 per Cents Ditto 4 per Cents Mexican 5 per Cents 1846 New Granada Portuguese N.4 perCents 1842 Portuguese Old 1824 Russian 5 per Cents

Spanish (Active) 5 per Cents

Ditto 3 per Cents 1842 Venezuela

83 4 531 4ti 854 171 184 218516191

76 9

1191 11 °G 294 301 as 8