MONEY MARKET.

STOCK EXCHANGE, FRIDAY AFTERNOON.

The success of the expedition against Kertch and occupation of the Sea of Asoff have increased the upward tendency of the English Funds this week; and, including an advance of f per cent on Monday on receipt of this intel- ligence, the total improvement has amounted to lf per cent. Consols for Money touched 92b; but this was not attained without a few drawbacks: the principal were the realization of profits and the weight of the transac- tions connected with the settlement on Wednesday. During that account, an advance equal to about 4i per cent had occurred, and finally f per cent continuation to the July settlement was freely paid. Yesterday, there was a decline of f per cent ; and today, after receding to 911, a rapid recovery took place : Consols leave off very firm at 92f I for Money, and 93b for the Account. The transfer-books closed this afternoon, and tomorrow Consols for Account will be quoted ex-dividend. Ex- chequer Bills for March are 5s. better. Money continuing in great abund- ance, some holders of the New Loan have paid up all the instalments in advance, to the extent of 1,000,0001.; which added to the I() per cent &- Tit, and 15 per cent instalment just paid, makes the total amount received' the Government 6,000,000/. This financial measure now appears divested o its terrors, and the Omnium has been as high as 5 premium. The French Funds have improved about I per cent this week. The gold and specie arri- vals have been 380,0001. from New York, and 65,0801. from Australia. Advances upon Government Securities will be made by the Bank during the shutting of the transfer-books at the rate of 31 per cent ; which, agree- ably to their usual practice at such a time, is f below the minimum rate of discount.

In Foreign Securities there has been renewed buoyancy. Buenos Ayree is 4, Sardinian IL Brazilian, Chilian, Dutch Two-and-a-half per Cents, Peruvian, Portuguese, Russian, and Swedish, are 1 better. Turkish has been much in request, and on Wednesday was done at 831, or 6 per cent higher than last weak: it is now 82f 3. Orders to purchase have arrived from Paris, through a belief that arrangements are nearly completed for gua- ranteeing the 2,000,0001. remaining to be issued.

Railways have been largely dealt in; the purchases being chiefly in those lines paying good dividends. The best priceswere obtained OIL Wednesday, when the Account was arranged, and high rates of Inte- rest were paid for carrying over Stock. London and North. Western were done at 104f; they are now 103f f. Other Shares have since receded._ although still showing an improvement from last week of 15s. to 31. la French Shares, Eastern of France is IL 10s., Paris and Lyons IL, Paris and Orleans, and Rouen and Havre, 10e., and Western of France, and Northern of France, 153. better. A prospectus has been issued of the Rome and Frascati Railway Company ; capital 320,0001. in 101. shares : half has been subscribed on the Continent. The line, which has been commenced by English con- tractors, is to be opened on the 15th of October.

SATURDAY, TWELVE O'CLOCK.

The English Funds are f lower this morning, Consols for Account being now 91ft f ex dividend. Exchequer Bills 16 20. The bullion return by the Bank of England is again very favourable, showing an increase of 417,0651. In Foreign Stocks the only alteration is in Turkish, which has fallen.", being now 811 2f. Railways are steady, and only three transactions have been recorded—London, Brighton n and South Coast, 1021; Manchester, Sheffield, and Lincoln, 27f ; and North-Eastern—Great North of England Purchase, 91, tim English Funds have been / better since the morning, but close upon a reaction of k, Consols for Account being 91f 1 ex dividend. Exchequer Bills 16 20. Omnium has been dealt in at 4f I premium, and Annuities April 1885 16 13-16. In Foreign Securities, Turkish has declined f ; it has been done at 811 2 11 2 1 I k 2, and leaves off 811 1. Buenos Ayres mark 59f 60, and Venezuela 29 8. Railways present little alteration compared with the morning—Aber- deen, 26; Ambergate, Notts, Boston, and Eastern Junction, 41 ; Cale- donian, 641; Edinburgh and Glasgow' 69; Edinburgh, Perth, and Dundee, 20; Great Northern, 93f ; Great Western, 68k ; Lancashire and Yorkshire, 82; London, Brighton, and South Coast, 103; London and North-Western, 104; London and South-Western, 84j; Manchester, Shef- field, and Lincolnshire, 261; Midland, 75k; Midland, Birmingham and Derby, 45f ; North-Eastern—Berwick, 75f ; Ditto G. N. E. Purchase, 9f ; North Staffordshire, 124 ; Oxford, Worcester, and Wolverhampton, 29; South Devon, 14 ; South-Eastern, 63f ; South Wales, 291; Vale of Neath, 20k ; Aberdeen, No. 2, 7 per Cent, 94; Eastern Counties Extension 5 per Cent No. 1, 1 pram.; North-Eastern—Berwick 4 per Cent Preference, 93; Antwerp and Rotterdam, 8!; Great Central of France, 131; Great Indian Peninsula, 51; Great Western of Canada, 21!; Great Luxembourg Consti- tuted Shares, 3k - Ditto Obligations, 3k ; Madras, 17f ; Namur and Liege, (with interest,) 61 ; Northern of France, 36f ; Royal Danish, 211 ; Sambre and Meuse, 9f -' West Flanders, 3k. Mines—Brazilian Imperial, (issued at Si. prem.,) 21 ; Irm Croft,24 -, United Mexican, 6. Joint Stock Banks—Lon- don Chartered Bank of Australia, 22; London and County, 351. Miscel- huieous--Australian Agricultural, 33; British American Land, 57; Canada, 121 • Crystal Palace, 3i ; Peel River Land and Mineral, 3; Scottish

Danish 3 per Cents 80 3 Dutch 21 per Cents 63 5 Ditto 4 per Cents

92 4

Mexican 3 per Cents

22 i

Peruvian 41 per Cvnts 68 70 Ditto 3 per Cents 48 50 Portuguese 4 per Cents 435 Russian 5 per Cents 99 101 Ditto 41 per Cents 89 91 Spanish 3 per Cents 38 1 Ditto Deferred

181 i

Sardinian 5 per Cents 85 7 exd.

Swedish 4 per Centi 87 90 ex d.

Australasian Investment, New, k.

t per Cent Consols shut

'Mato for Account 91/ A ex d. 2 per Cent Reduced New 3 per Cents N I

I a

lt:„ng Annuities

k Stock 31

yi

208 10 .Exchequer Bills 16 20 India Stock 235 7 Austrian 5 per Cents 84 6

13razi1izin 5 per Cents 99 101

Belgian 41 per Cents 91 3 Chilian 6 per Cents 102 4

D anish 5 per Cents 101 3

SATURDAY, TWO O'CLOCK.