MONEY MARKET.
STOCK EXCHANOR, FRIDAY Aprzanoon.
The principal topic of conversation this week has had reference to the Budget of the Chancellor of the Exchequer ; and although it has met with a favourable reception generally, it is not considered beneficial to Govern- ment Securities, as it is not probable after this quarter that any large sums will be available for the purchase of Stock on account of the Sinking-fund. Under this impression, a little disappointment was experienced on Tuesday after the debate had been discussed; and Consols, which closed on Monday evening at advance, returned to their former quotation. The possibility of a change of Ministry, or a dissolution of Parliament, was hinted at on Wednesday ; causing heaviness, and a further fall of k. The Funds have since rallied; closing this afternoon at loq 1 for Money and laq for Ac- count, after having been a shade lower in the morning owing to the news from Constantinople. A demand has existed during the week for Bank Stock ; which has risen 1, leaving off today at Mt 7. Exchequer Bills are ls. lower.
The transactions in Foreign Stocks have not been extensive, and most of the leading securities are of the same value as last week. A rise of 1 has taken place in Danish Three and Austrian Five per Cents ; in Belgian, Several purchases have been made in Spanish Certificates ; which on Tues- day had rallied 1, having been done at 7i ; a decline of subsequently oc- curred, and today they are 61 1. Buenos Ayres improved 3 on Monday, and has since maintained a firm appearance. The rise was caused by the news from the River Plate. Commissioners from Urquisa have been endeavouring to establish peace : they have been well received, and it is supposed they will be able to effect an arrangement. The Stook leaves off this afternoon 63 6. Dutch Bonds were not affected on Wednesday by the telegraphic an- nouncement from Amsterdam of the resignation of the Ministry. Mexican is and Peruvian Scrip lower. Sales continue to be made in the Australian Agricultural Shares ; which have been as low as 79, and are today 802. The Railway Market has been dull, and the fluctuations immaterial, prin- cipally in connexion with the Consol market. A few inquiries have been made for some of the Irish descriptions, which have improved. Yesterday rather more animation prevailed generally, and the value of securities was slightly enhanced. At the close of the market, the difference in some of the leading lines compared with Saturday last was to the following extent. In- crease—Cork and Bandon, 21. 10s. ; Great Northern 1/. ; Dublin and Belfast Junction, London, Brighton, and South Coast, and Northern, and Coleraine, 10s. ; Lancashire and Yorkshire, London and North-western, and Midland,. 58. Decrease—East Lancashire 11.• North British, York, Newcastle, and Berwick, and York and North Midland, 10s. Those of the same value as last week are Great Western, London and South-western, and South-eastern. An improvement in the following lines has taken place—Paris and Rouen, 2/. 106. ; Western of France, 11.; Southern of France 158. • Northern of France 12s. W.; Paris and Orleans, and Rouen and. Havre', 108. ; Paris and Strasbourg, 5s. Today there has been no alteration either in Eng- lish or Foreign.
SATURDAY, TWELVE O'CLOCK.
In consequence of the majority for the Government upon the South Sea and other Annuities Commutation Bill, the English Funds are h higher to- day: Consols are now 1001 1 for Money and 1001 i for Account. No change has occurred in Foreign Stocks. Railways are rather stronger; the following transactions have been recorded—London and North-western, 120 ; Midland, 75; Great Northern, 86; Great Western, 911; Lancashire and Yorkshire, 77/.
3 per Ceat Consols Ditto for Account 3 per Cent Reduced p 31 per Cents Long Annuities Bank Stock Exchequer Bills India Stock Brazilian 5 per Cents Belgian 41 per Cents Chinon 6 per Cents Danish 5 per Cents 100 /
100 a
994 100 1031 I 6 1-16 2261 71 4 8 260 3 100 2 99 101 103 5 104 6 Danish 3 per Cents Dutch 21 per Cents . . .. .....
Ditto 4 per Cents Mexican 3 per Cents Peruvian Scrip Portuguese 4 per Cents Russian 5 per Cents Ditto 41 per Cents Spanish 3 per Cents Ditto Deferred Sardinian 5 per Cents Austrian 5 per Cents 84 6
06 ,! I
27 / 31 4 40 1 118 20 41710348411 23/ 4 97 8 99 101
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