MONEY MARKET.
STOCK EXCHANGE, FRIDAY AFTEM:00N.
The English Stock Market was depressed at the commencement of the week, but has since been slowly recovering. The range of fluctuation of Consols for Account has been between 961 and 97; and the closing quota- tion this afternoon is 96 97, or within 1 per cent of the price from which the decline commenced on the 26th December. Money is rather easier ; and the price of Exchequer Bills, which has been for several days between 57 and 60 shillings premium, is today marked at 62. The business transacted has been upon a very limited scale, and no bargains of importance have oc- curred.
There was considerable activity in the Foreign Market on Monday and Tuesday ; and at the settlement of the Account on the latter day, the pres- sure for money was very severe. This, however, was almost entirely con- fined to the more worthless descriptions of Stock; to carry over which, espe- cially 31exican, the speculators were obliged to submit to rates of interest varying from 8 to 25 per cent per annum upon the capital employed. During the last few days, however, the Foreign Funds have remained without busi- ness or fluetuation, and prices generally are this afternoon nearly the same as on Saturday last. An absurd story has appeared in some of the daily papers stating that an attachment had been laid upon the funds destined to pay the dividend due upon the Spanish Three per Cents. This circumstance, if true, has not in any way affected the negotiation of the Coupons, which are payable at the option of the holder, either at Madrid, London, or Paris. At the present rate of exchange, they offer a favourable mode of remittance to the latter city, and are readily purchased for that purpose.
The inactivity of the Stock Market has extended to the Railway Shares ; in which, with few exceptions, and those of the lower and most speculative class of shares, the business has been unimportant. Prices are, however, generally higher than last week, and the market is firmer. The transac- tions in French Shares have been quite unimportant. Northern of France are about 108. higher; it being understood, that in addition to the usual dividend of 4 per cent, which will become payable in July next, a bonus of 12 francs per share will be receivable. The postponement of the payment of the bonus is rendered necessary in order to obtain the sanction of the ge- neral meeting of the proprietors, which cannot be held till the spring. It is understood that the agency of the Mexican Government in London have determined to divide the funds now in their hands; and an advertisement of the payment of 2 per cent in part liquidation of the over-due dividend of July 1847 will appear in a day or two. In receiving the sum in question, it will be necessary to present the over-due Coupons of the last four years, 'amounting to 20/. per cent, upon which a payment of 2 per cent, as already stated,will be made, and a receipt for the other 18/. given ; which document will entitle the holder to the proportion of the 2,500,000 dollars payable out etthe,American indemnity, which that sum represents.
ISATUILDAY TWELVE O'CLOCK.
The French Funds fell 35 cents yesterday in Paris. Our own market is, consequently, rather weaker this morning, though prices are nominally the same as yesterday, with but little doing, Consols being 961 97. In the Fo- reign Market, notwithstanding the appearance of an advertisement notify- ing the partial payment of a dividend, Mexican Bonds are rather lower ; the- quotation haring been at 351, and nominally at present, 351 1. The other Foreign Funds are without change, or the occurrence of any business re- quiring remark. The Railway Share Market is firm, at yesterday's prices, and, in some instances, at a trifling advance. The following are the prin-
cipal bargains recorded : Caledonian, ; Great Northern, 181 ; Great estern, 791 79; Brighton, 881 ; North-western, 1241 125; Midland, 481 • North Staffordshire, 91 ; York, Newcastle, and Berwick, 19; York and Nord- Midland, 22/. SATURDAY Two o'CLoca. During the morning, Consols for Account have been at 97/. Some in- fluential sellers appeared just before the close of business ; and although their operations were not individually extensive, they caused a decline to the morning's quotations of 961 97, winch may be considered as the closing price. The transactions in the Foreign Market have been confined to the following—Mexican, 351 1 1 1 ; Peruvian Deferred, 35; Portuguese Four per Cents, 341 ; Russian Four-and-a-half ater Cents, 961 ; Spanish Active, 17/ 1; Venezuela, 31 1; Dutch Four per Cents, 90f. The Railway Share Market is not quite so firm ; prices having given way slightly before the close of business. The following are the principal bar- gains recorded—Bristol and Exeter, 77; Caledonian, 10/ 1 1; Chester and Holyhead Preference, 131; Eastern Counties, 61 ; Ditto New Preference 6 per Cent, 11 101 ; East Lancashire, 121 1; Ditto 6 per Cent Preference Quarter-shares, 321 ; Great Northern, 181 ; Great 'Western, 791 81 ;. Lancashire and Yorkshire, 58/ a; London and Blacks-all, 61 ; London, Brighton, and South Coast, 881 9; London and North-western, 1241 5 41; Ditto New Quarter-shares, 20 1; London and South-western. 791 1 80 79; Midland, 481 / 71 ; Ditto 501. Shares, 161 ; Norfolk, 221; North British, 81 9; North Staffordshire, 91 ; Oxford, Worcester, and Wolverhampton, 18 171 1 ; Scottish Central, 14; South-eastern and Dover, 231 1 1 ; York,. Newcastle, and Berwick, 191 ; Ditto Extension, 14k 14; York and North Midland, 22i 23*; Ditto Preference, 91 ; Boulogne and Amiens, 9; Namur and Liege, 9/ 31; Orleans and Bordeaux, 4/ ; Paris and Strasbourg, 9/ ; Rouen and Havre, 111.
3 per Cent Consols shut Danish 3 per Cents 75 8 Ditto for Account 961 97 Dutch 21 pet Cents 571 81 ex LI.
3 per Cent Reduced 971 / Ditto 4 per Cents 901 11 31 per Cents 981 .9 Mexican .5 per Cents 1846 ... 35 1 Long Annuities
71 13-16
Peruvian 6 per Cents ........ 79 80/ Bank Stock
Portuguese 4 per Cents 1842. 34 5 Exchequer Bills 58 61 pm.
Portuguese 5 per Cents 1824.
81 5 India Stock shut
Russian 5 per Cents
110 12 Brazilian 5 per Cents 87 9 Spanish (Active) 5 per Cents. 171 18 Belgian 41 per Cents 902 Ditto 3 per Cents 1842 381 1 Chilian 6 per Cents 102 5 Venezuela 31 3 Danish 5 per Cents 100 102