MONEY MARKET.
STOCK EXCHANGE, FRIDAY AFTERNOON.
The English Funds were firm during the early part of the week; Consols fluc- tuating between 93 and 931. The intelligence of the change in the French MM- istry caused a decline; and though yesterday was a holyday both at the Bank and the Stock Exchange, business was done upon the Royal Exchange and at some of the adjacent coffeehouses, at a decline of 1 per cent. The first price of Consols this morning was 921; and as there was an evident anxiety among the specula- tors to sell, the price declined to 921. The public generally have not evinced any alarm, and no large sale for money has occurred. Prices have consequently rallied, and the closing quotation of Consols this afternoon may be quoted at 921 4. Money continues abundant, and the rate of discount unchanged.
In the Foreign Market, Spanish Stock had advanced more than 1 per cent; the proposed reduction of the Spanish Army having revived the courage of the speculators. With the decline of the English Funds, however, the market has given way, and the range of prices today has been about a per cent below the highest quotation. Portuguese Bonds have been steady at recent prices. Mexi- can Bonds have declined about a per cent, and are without animation: the long delay in the payment of a dividend, and the uncertainty as to the liquidation of the balance still due upon the one last partially paid, that of January 1847, seems to operate to the prejudice of the Bonds. The South American Stocks are without material change, though the market is not quite so animated.
Railway Shares generally are considerably firmer: in some of the more import- ant varieties a marked advance has occurred. Great Western are today done at 61 and 63, being an improvement of between 51. and 61. per share; North-western are from IL to 21. higher; and Midland are at about the same advance. The settlement of the Share Account, which occurred on Tuesday and Wednesday, was characterized by the difficulty experienced by the speculators for the fall in obtaining Shares to complete their contracts; this was more especially the case with Great Western Shares. Some Shares of this Railway had been sold on spe- culation; and the seller not being able to deliver, they were "bought in," that is, the buyer sent a broker into the market to buy them at the best price he could: the Shares were so scarce, that though the price at which they could be bought for the middle of November was 60, only a few could be bought for immediate delivery at 70 and 73: the speculative seller had thus to submit to a loss of from 101. to 131. per share.
3 per Cent Consols 924 4 Danish 3 per Cents 72 4 Ditto for Account' 924 4
Dutch 24 per Cents
53 4 3 per Cent Reduced
94, 4
Ditto 4 per Cents 82 3 34 per Cents 924 4 Mexican 5 per Cents 1846. • .. 26 i Long Annuities 84, 7-16 Peruvian 6 per Cents 52 4 Bank Stock 197 9 Portuguese 4 per Cents 1842.. 33 4 Exchequer Bills 41 46 pm. Portuguese 5 per Cents 1824.. 81 83 India Stock
Russian 5 per Cents 106 8 Brazilian 5 per Cents 82 4 Spanish (Active) 5 per Cents . 164 17 Belgian 44 per Cents 85 7 Ditto 3 per Cents 1842
334 at
Chillan 6 per Cents 93 6 Venezuela 23 5 Danish 5 per Cents 98 100
The accounts of the Bank of England for the week ending the 27th October exhibit, when compared with those of the preceding week, the following results-
. BANKING DEPARTMENT. Increase. Decrease.
Rest £2,240
Public Deposits 119,889
Other Deposits 242,423
Seven-day and other Bills
X45,348 Government Securities, including Dead-weight
Other Securities 2,578
Notes unissued 319,765
Actual Circulation
97,530
IOSITE DEPARTMENT.
Notes Issued 218,235
Bullion 215,096
This week. Last week.
Total Bullion in both Departments 15,259,216 15,040,120 Actual Circulation 18.950,550 19,048,080
SATURDAY. TWELVE O'CLOCK.
The first price of Consols for Money was 9212; but as it is known that the French Funds rose slightly in Paris yesterday, where the price of the Five per Cents was 87f. 30c., the market hem is now rather firmer, the price of Consols both for Money and Account being 921 4. The Foreign Funds are all nearly at yester- day's prices. The arrival of the West Indian mail has not produced any effect upon Mexican Stock. The Railway Shares may be considered firm at previous quotations.