6 MAY 1848, Page 9

MONEY MARKET.

Srocit Excnawcz, FRIDAY Arrzaieoow.

The English Stock Market was unusually active during Tuesday and Wednes- day; and in the course of the latter day Consols both for Money and Account had reached 84, being an advance of 1 fr per cent from the closing prices of Satur- day. This improvement was chiefly ascribed to the success of the Moderate to the Weiti.E 'electicag, and Itie-■„uci;k rece:ven like character on the side of Italy. The advance in the prices of Stock has con- sequently not been supported, and in the course of today Consols have been as low as 821; closing, however, more firmly, at 83i The demand for Stock for immediate investment still continues, and Consols are as cheap for the next as for the current account. The settling-day is fixed for f'nesday next; when it is anticipated that Stock will be scarce, and dearer for money than for future delivery. The alteration in the rates of exchange with various places on the Continent off, eta the holders of Foreign Stocks very disadvantageously. The Coupons of the Austrian Bonds, which became due on the 1st instant, were on all previous occasions paid in this country at the full no- imerIck. During yesterday and today the news from Paris has been of a war- minal amount of 21. 10.. per Coupon: the loss to the Austrian Government had the necessary remittances been made to pay their. dividends in London as usual, would have been from 20 to30 per cent; the Coupons are therefore only receivable in Vienna, and those holders who have not agents in that capital hive been com- pelled to sell them here at from 11. 18s. to 21. per Coupon, thus receiving from 20 to 30 per cent less than usual. The holders of Belgian Coupons are in the same situation; but as the loss upon the exchange is not above 4 per cent, they have not suffered to the same extent as the holders of Austrian Coupons. The business of the Foreign Market has been more extensive than usual. All the European Dividend-paying Bonds, excepting Danish, are considerably higher; and business has been transacted in many of them to an unusual extent. The Peninsular Securities also have risen: Portuguese advanced about 2 per cent, and both varieties of Spanish about 1 per cent. This advance has not, however, been fully maintained; though both are today higher than last week. Mexican Bonds are much firmer; and the general tone of the market for all Foreign Stock better than it has been for several weeks.

The Railway Share Market has partaken of the general activity. North-western were at one period 51. in advance of our last prices, but have since receded about 21. Great Western have been for the last few days, and still continue, at a pre- mium; as have also Midland. It will be recollected that these two latter have for some weeks been below par. Among the minor class of Shares, we may notice an advance of IA in Eastern Counties; while the same or even greater improve ment is observalile in most of the inferior lines. With the decline in the English Funds yesterday and today almost every description of Share has fallen. The closing quotations this afternoon are still higher than those of last week. The few transactions in French Shares have been at rather lower prices; but nothing

has occurred in them to require particular remark. • The accounts of the Bank of England, for the week ending the 29th April, exhibit when compared with those of the preceding week the following results-

BINKtwa DEPAILTILEIIT.

Rest increase.

£3,108 Decrease.

Public Deposits

37,947 Other Deposits

385,825 Seven-day and other Bills 59,091

Government Securities, including Dead-weight 63,016

Other Securities

234,602 Notes unissued

201,305 Actual Circulation

158,800

Isom DixAmmirt•r.

Notes issued

36,095 Bullion

349,775

This bee*. Last week.

Total Bullion in both Departments 12,878,666 13,228,341 Actual Circulation 18,603,065 18,761,865

SATURDAY. TIVELVi O'CLOCK.

An improvement of i per cent in the French Fends occurred yesterday in Paris: this circumstance appears to have given firmness to our market; Consols have been done at 83/ bothfor Money and Account, and the price is now 831 /. The Foreign Funds are all nominally at yesterday's quotations. The Railway Shares are rather firmer. The following are the onlybargnins as yet recorded: Eastern Counties, 141; Great Northern, 4; Lancashire' and Yorkshire, Half shares, 37i; South-eastern and. Dover, 241;- South Wales, 9.

3 per Cent Consols Ditto for Account 3 per Cent Reduced

n per Cents

Long Annuities Bank Stock Exchequer Bills Dallis Stock

Brazilian 5 per Cents BdIg1116. 44 percehts.

Buenos Ayres Chili= 6 per Cents

1331 2 '

81; 2 821 8 tii 190 191 38 41 prem.

' 66 70

__.

18 22 Danish 3per Cents Dutch 2} per Cents Ditto 4 per Cents.

Mexican S perICents•1846. • •

New Grenada, Portuguese N. 4 per Ceuta 1842 Portuguese 031 1824 - Russian 5 pet Cents Spanish (Agave) 6 per Cents Ditto 3 per rems Pm- 7.-.. :-

Venezuela

- 41.4

62 4

13; 14 16 17; 181 65 70 55 90 •

13 i . -vat f

18 22