MONEY MARKET.
SrocK Excauroz, FRIDAY AFTERNOON. The Money Market has this week been characterized by an active demand for capital, for which full rates have been required. The demand has made itself felt at the Bank as well as out of doors, and has sensibly diminished the supplies ; while the private houses of the most ample means have been requinng fully the Bank minimum of 2f per cent, some of the younger establishments have been taking the same class of bills at 21 ; the general rates, however, are 2} per cent, and the Market is manifesting a hardening tendency.
The loss of the Royal Charter has adversely affected the Bullion Market, inasmuch as the sold she had on freight would have been adequate to satisfy the present Continental demand, and probably have left a portion for de- deposit in the Bank. The gold will to a great extent be recovered, but, meanwhile, the inquiry for the Continent continues absorbing each arrival as it comes, and it will probably cause some withdrawals from the Bank. The imports up to last night amounted to 335,1801., all of which have been taken for the Continent; and to India 239,6264 has been sent. Consols have fluctuated during the week between 951961. Today they closed 96. Business has been languid, dealers as well as the public being deterred from operating or investing during the present situation of affairs in Europe. About 70,0001. have been invested this week by the Govern- ment Broker on account of the Indian Guarantee Fund. New and Reduced, 941 941 ; Indian Scrip, 1031 1031; Indian paid-up Loan, 103 1031; Bank Stock, 225 227.
The Foreign Market, as might have been reasonably expected from political news, has been exceedingly dull the whole week. Spanish Stock has been principally affected, the decline equalling 2 to 3 per cent. Vene- zuela has fallen 1 per cent ; and Mexican, 1 a. In other stocks the fall averages 1 per cent. Business is limited and money plentiful. Spanish Three per Lents close 43 45; Mexican, 211 22 ; Portuguese 45 46 ; Russian, 99 100 ; Austrian, 75 77; Victor Emmanuel, 90 92; Venezuela, 27 28; Peruvian Four-and-a-half per Cents, 901911 ; Ditto Three per Cents, 70 71; Buenos Ayres, 78 80 ; Brazilian, 95 96. In the Railway Share Market the week has been marked by gloom as in the other departments of the "House." The effect of the fall 'by operations of the general dealers has been a good deal counteracted by the plentifulness of money, and the good traffic returns, which encourage the tendency of the public towards continued investments in the better descriptions of stock, con- solidated and guaranteed. Great Western, 641 feta ; London and North- Western, 951 951; London and South Western, 95 951; Midland, 1051 1051; Lancashire and Yorkshire, 961- 961; Chester and Holyhead, 481 491 ; North-British, 591 591; Caledonian, 451 45}; Berwick, 891 90; South- Eastern and Dover, 22k 231; North Stafford, 41 41 die.; Manchester, Sheffield, and Lincoln, 341 35 ; Blackwell, 616}.
The negotiation of a further portion of Victoria Railway Debentures was successfully effected on Monday. The minimum price was 108, and the whole amount, 423,0001., was most readily taken up. The full amount is to be paid next Monday. The French Market is steads-, but no feature of importance has shown itself. Paris and Lyons, 36 361; Northern of France, 37 371 ; Lom- bardo Venetian, 11 2 prem. The Indian Market is steady in character. East Indians, however, have slightly declined in price, in consequence of an issue of 160,0001. debentures, and a call on some of the shares. East Indian, 100 101; Great Indian Peninsula, 97 98 ; Madras, 94 96; Bombay and Baroda, 94 96.
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