29 MARCH 1851, Page 10

MONEY MARKET.

STOCK EXCHANGE, FRIDAY AFTERNOON.

The English Stock Market has continued in the same state of inaction which has been its characteristic forsome time. The business transacted has been entirely insignificant, with Consols heavy, during the whole week, at the current quotations of the moment, whatever they may have been. The closing prices this afternoon are 96I f for Money and 94 for Account._ Money is very abundant in the English Stock Exchange, and is obtainable upon the security of Consols at the rate of from 2 to 2} percent per annum. Quite a different state of things prevails in the Foreign Stock Exchange; where, upon the settlement of the Share Account yesterday, interest at the rate of from 30 to nearly 60 per cent per annum was paid by the speculators to carry over Shares till the next settling-day, the 16th April. The rate of exchange- upon Paris has undergone an unexpected rise, in consequence of the arrival in the French capital of a large quantity of gold from Holland. An upward movement in the exchange upon London has consequently occurred. A cor- responding movement was expected here ; but the demand for remittance to. Paris to meet the recent importation of French Sharers prevents any improve- ment, and the rate is nearly the same as last week's.

In the Foreign Market, the transactions in the current Stocks have been unimportant ; speculation having been completely diverted to the Share Market. Spanish Stock is the only exception ; in it there has been a large business at improved prices. A considerable demand has arisen for the Spanish Passive Stock, in consequence of large purchases made on Dutch account in our market. Money was very scarce today upon the settlement of the Account ; the high rates paid in the Share Market having attracted a large mass of capital thither. Interest at the rate of from 6 to 10 per cent was consequently currently given to carry over Stock to the April Account. We may remark that the closing quotations of this afternoon differ but slightly from those of last week.

The speculative mania still continues in the Railway Shares. It would appear that the recent rise in prices has brought a large amount of Shares into the market. The pressure is considered to have been more intense yes- terday than at any period since 1845. The speculators, however, still hold on, and seem to be inclined to pay, any premium to be enabled to reap the golden harvest antioipated from the increased traffic of 1851. The transac- tions in French and Foreign Shares have been unimportant A large de- livery of Shares of all descriptions occurred today, and the speculators had to

pay interest at rates varying from 8 to 20 per cent to carry over their ac- counts till the middle of April.

SATURDAY TWELVE O'CLOCK.

There is no change in the prices of the English Funds or any business of importance occurring. The brokers and jobbers in the Foreign Market are too much occupied with arranging the unsettled remains of yesterday's Ac- count to think of anything else ; prices in that department are therefore no- minally the same as yesterday. The Share Market is rather firmer. The following are the principal transactions—Caledonian, 144 • East Anglian, 51; Great Western, 89 ; North-western, 130; Newmarket, 9;#(; North Stafford- shire, 115; South-eastern, 274; Great Southern and Western (Ireland), Eighth-shares, 34 5. But few transactions have occurred in Foreign Shares, the markets for which may be considered firm at the closing prices of yes- terday.

SATORDV:, Two o'Ctoca.

The English Stock Market closes without any variation at the prices of the morning. The transactions in the Foreign Market have been unimportant, and the closing prices differ but slightly from those previously given. The following are the principal bargains recorded—Buenos Ayres, 56 ; Chilian Deferred, 67 ; Equador, 31 ; Grenada, 171 ; Mexican, 331 5 # ; Peruvian Deferred, 39 ; Portuguese Four per Cents, 341 5 ; Russian Four-and-a half per Cents, 971 8 ; Spanish Active, 211 1; Ditto Coupons, 9 ; Ditto Passive, 165 1; Ditto Three per Cents, 38a; 4 39; Venezuela, 321. The Share Market was firm at the commencement of business, but gave way in the course of the afternoon, prices generally closing about 10s. lower. The following are the principal transactions recorded : Aberdeen 164 4 16 ; Am- bergate, Notts, and Boston, 55 1; Bristol and Exeter, 82; Caledonian, 141 14 ; Chester and Holyhead, 234 4 ; Ditto Preference, 161 ; Eastern Counties, 71, ; Ditto New Preference 6 per Cent, 11 • East Lancashire, 175}, Great Northern, In; Great Western, 89 71 8; Lancaster and Carlisle, 84; Lan- cashire and Yorkshire, 611 1 ; London, Brighton, and South Coast, 95/ 1 4 ; London and North-western, 130 285• Ditto New Quarter-shares, 224 1; Lon- don and South-western, 881 71 ; Midland, 621 3/ 11; Ditto Consolidated Pre- ference, 22 11 ; Norfolk, 28; North British, 101; North Staffordshire, 115 i ; Reading, Guildford, and Reigate, 214 ; South-eastern and Dover, 271 # 5 1 -

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York, Newcastle, and Berwick, 214 4 ; Ditto Extension, 161 I ; Ditto G.N.I. Purchase or Preference, 71; York and North Midland, 275 4 7 ; Boulogne and Amiens, 105; Central of France, (Orleans and Vierzon,) 184 4 ; Namur and Liege, 81; Northern of France, 154 5; Orleans and Bordeaux, 45 Paris and Rouen 261; Paris and Strasbourg, 11; Rouen and Havre, 111 ; Tours and Nantes, 64. S. per Cent Consols see 4 Danish 3 per Cents 78 80 Ditto for Account 964 5 Dutch 24 per-Cents

5819 3 per Cent Reduced shut Ditto 4 per Cents 91 2 shut Mexican 5 per Cents 1846 33

Long Annuities shut Peruvian 6 per Cents I

31 per Cents 83 854 Bank Stock shut Portuguese 4 per Cents 1842. 344 5 Exchequer Bills 50 53 pm. Portuguese 5 per Cents 1824. 56 89 India Stock shut Russian 5 per Cents 110 112 Brazilian 5 per Cents 91 3 Ditto 44 per Cents 97i 98 Belgian 4i-per Cents 92 4 Spanish (Active) 5 per Cents. 214 i Chilian 6 per Cents 105 7 Ditto 3 per Cents 1842 38 4 Danish 5 per Cents 100 101 Venezuela 32 4