MONEY MARKET.
STOCK EXCHANGE, FRIDAY arreasoon.
The demand for English Stock, especially Consols, still continues; and in the course of the week this Stock might have been sold for Money and repurchased for the January Account at the same price, the holder thus lending the Stock and saving the Income-tax. The Bank-broker has since sold 200,0001. Consols, and purchased 200,0001. Reduced Three per Cents; and the same gentleman has bor- rowed a large sum upon the security of Consols. A supply has thus been thrown upon the market; and the difference between the price tor Money and that for the January Account is now from * to * per cent. During the demand occasioned by the scarcity of Stock thus referred to, the price of Consols for Account rose to 95k, but afterwards declined about * per cent. In the Foreign Market, the price of almost every variety of Stock is advanced as compared with our last quotations. Notwithstanding the intelligence from Mexico of the seizure of 2,000,000 dollars destined for the Bondholders by General Santa Anna, the value of Mexican Stock has risen about 8 per cent. Both Portuguese and Spanish Stock have risen, and the tendency of speculation seems to be upwards. The transactions have, however, been unimportant.
In the Railway Share Market, prices are generally better, and the firm appear- ance noticed in our last continues. The most notable event of the week has been an increase in the business transacted in the Birmingham and Oxford Junc- tion Shares; which have been as high as 7.1 premium, but close today about 10s. per share lower. This advance has been occasioned by the circumstance of the North-western Company's having become a competitor with the Great Western for the lease of the line. The act of incorporation of the Birmingham and Oxford Junction Company contains a clause authorizing the leasing or sale of the line to the Great Western Company; and in accordance with this power, the latter company proposes to purchase the Shares, when the line shall be completed, at ten guineas premium per share of 201.; interest in the mean time being paid upon the amount called up, at the rate of 5 per cent per annum. The North- western Company, however, is understood to have offered better terms; and hence the increased currency of the Shares.
The French and Foreign Shares are all firmer, but without any transactions of
importance. At Messrs. Shuttleworth's periodical sale at the Auction Mart to- day, several lots of Illinois Six per Cent Stock were sold at prices varying from 244 to.264 per cent. Some Galvanized Iron Shares were offered at the reserved price of 101. per share; but as no higher bidding than 81. 10s. took place, the shares offered remain unsold.
SATURDAY, TWELVE &Glom.
There is no change in the prices of either the English or Foreign Funds, the few transactions occurring being at yesterday's quotations. The Railway busi- ness has as yet been confined to the following bargains; it will be seen that Bir- mingham and Oxford Junction are 10s. per share lower than yesterday, and have fallen altogether about 1/. from the highest quotation: Birmingham and Oxford Junction, 85; Eastern Counties, York Extension, 35; Eastern Union, 524; East Lancashire, 185; Edinburgh and Glasgow, Quarter-shares, 18k; Great Western, Quarter-shares, 184 ; Ditto, New, 75; Brighton, 594; South- western, 634; Manchester and Birmingham, New, A, 124; Ditto, New, B, 12k; Midland, 1264; North British, 355; Ditto, New, 154; North of France, 124.
SATURDAY, Two 04:mm1.
There is no change in the English Funds; all of which close at the morning's prices. In the Foreign Market, the principal current varieties are firm at pre- vious prices, and 'Mexican Bonds at an improvement of A per cent. The prin- cipal transactions in the Railway Share Market are those in the guaranteed and minor class of Shares: of these, the most prominent have been the Birmingham and Oxford Junction and Shrewsbury and Birmingham. The former close at an advance of nearly 10s. upon the lowest price, in consequence of an influential' purchase of nearly 1,000 shares. The latter have declined nearly 11.; two very large sales having occurred,—oneby a broker, who is said to act for the company, to the extent of about 4,000, and another of about half that amount. The price, which before these operations were effected was 24 premium, declined be- fore the close of business to 2; and bargains were made afterwards as low as 15 premium. The following are the principal transactions since the morning. Aberdeen, 13f ; Ambergate, Notts, and Boston, 25; Bristol and Exeter, 79k; Caledonian, Half-shares 24; Eastern Counties, 224 3; Ditto, York Extension, 35 4; London and North-western, 195; London and South-western, 634 64; Mid- land, 126 4; Ditto, New, 324 2; South-eastern and Dover, 38k; Ditto, New, No.2, 144; Great Northern of France, Constituted, 104 5; Orleans and Vierzon, 12f; Orleans and Bordeaux, 75; Paris and Lyons, Constituted, 5 44.
3 per Cent Consols
952 t
Danish 3 per Cents 86 8 Dittolor Account 95; 1 Dutch 21 per Cents 60/ a per Cent Reduced • 941 Ditto 4 per Cents 921 34 per Cents 961 Mexican 5 per Cents. ..1846 22/ 1 Long Annuities 9 15-16 New Grenada 19.21 Bank Stock 2051 61 Portuguese New 5 p. Cts. 1841 38 40 Exchequer Bills prem. 6 10 Ditto 4 per Cents 1845 .... 39 41 India Stock shut Russian 5 per Cents 110 112 Brazilian 5 per Cents 84 6 Spanish (Active) 5 per Cents 261 1 Belgian 41 per Cents 941 51 Ditto 3 per Cents 1842 371 1 MU= 6 per Cents 95 7 Venezuela 39 41 Columbian ex Venezuela... 15 16
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