MONEY Is,1ARICET.
STOCK EXCHANGE. FRIDAT AFTERNOON.
The Markets generally present a more favourable appearance all round ; English securities having advanced 1 per cent upon the quotations of last Saturday. The present firmness is mainly attributable to the abundant supply of money, together with aishortness of Stock among the dealers in the Market, *musing Consols for Money to be about 1 per cent higher than for Account. The business doing, however, is of the most insignificant character; the bulk of the transactions consisting of small investments ; but upon the whole, these continual purchases, though small, exercise a beneficial influence, and prices are well sustained. The demand for money has comparatively sub- sided at the Bank of England, and although it was not generally expected the Directors would, at their weekly meeting yesterday, have altered the rate of interest, such an event is not altogether unlooked for ; with the rate out of doors considerably below 41 (about 2f 3), it is not likely a reduction will be long delayed. Political matters have had no effect whatever this week upon prices. The Government Broker has not ceased his ordinary purchase of 50001. on account of the Savings Banks ; and yesterday a pur- chase of 30,000/. was made by the Broker for the Court of Chancery. Consols opened on Monday 91f 911, and with only occasional slight reaction, have advanced to 921, the closing figure this afternoon. Bank Stock, 220 222; Reduced and New Three per Cents, 911 91k; India De- bentures 93f 94; and for the last issue, 93 93k; Exchequer Bills, 18 22. Operations in Foreign Stocks have been on a limited scale, but quotations have risen 2, 3, and 5 per cent. The most important dealings have been in Turkish Six per cents and Sardinian, the former leaving off for the Old, 64 66, for the New, 53 55 ; and for the latter 78 80. Victor Emmanuel Mortgage Loan is likewise considerably firmer, 78 80; Peruvian Four- and- a-half per Cents have advanced to 82 84; and the Three per Cents to 62 64; Brazilian to 90 91; Venezuela to 37 38; and Austrian to 40 45; Spanish Three per Cents, 391 40; Grenada, 141 1511 and Portuguese, 391 n 40 iAmportant advance has taken place in the value of nearly all descrip- tions of Railway property within the last day or two, the low figure to which many of the stocks were reduced encouraged bona Ede purchases on the part of the public, and this continuing .in conjunction with the better tone of the English Market, the result is a rise varying from If up to 3 and 4 per cent. Great Northern Stock was at one time eper cent higher, and the closing price 98 100, shows an improvement of quite 4 per cent; Mid- land, which is now 95 95/, and Great Western, 521 52f, both show an advance of 2 per cent ; and Birmingham, 2f per cent,. the last price being f1751 881. The advance in Lancashire and Yorkshire is about 11 per cent, 86k; and in Caledonian Stock, 11 per cent, 75 76; South-Eastern an Dover closes 621 63k; London and Brighton, 108 110; London and South-Western, 1 per cent better, 8787i and North Staffordshire, 5k 41 discount. There is very little speculative business, and today the trans- actions of a bone. fide character have only been moderate. In French shares there is little or no alteration to report. Paris and Lyons, 301 31k; Northern of France, 3411 35k; Paris and Strasbourg, 23 24.
SATURDAY, TWELVE O'CLOCK.
There is a little more activity in the various markets this morning. Rail- way Shares average an improvement of per cent. Consols after opening 92 921 are now finn. at 921 921.
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