MONEY MARKET.

STOCK EXCHANAE, FRIDAY AFTERNOON.

The escape of the French Ministry from the defeat with which they were threatened, although operating to produce an improvement in the prices of the Funds in Paris, was without any permanent effect upon the value of English Stock. When the intelligence Was received Monday, the price of Consols improved * per cent, but speedily declined again from 95 (the highest quota- tion reached) to 941. Subsequently, the price has fluctuated between 94,1 and 941; rising generally in the morning in anticipation of the purchases by the Government-broker, and falling in the afternoon from the effect of speculative sales. The purchases by the Government-broker for the Savings Banks have been continued ; and it is understood that the large recent investments made on this account have been to replace the amount drawn out during the pre- valence of the Chartist disturbances of last year. It is therefore surmised, that these operations will not continue much longer, as a much larger sum has been purchased now than was understood to have been then withdrawn. The only extensive business of the week has been that of the Government-broker and one or two purchases on account of the Court of Chancery. The Three- and-a-half per Cent Stock have slightly declined ; stockholders being unwilling to purchase in the face of the threatened reduction. The premium upon Ex- chequer Bills was steady at 63s. to 65s., till this morning, when a purchase of 40,000/. by the Bank-broker has caused an improvement of Is.: after being at 66s., the closing price is 64s. to 66s. The improvement in French Funds has given increased value to the better class of Foreign Funds; and this circumstance, in conjunction with a report of the reduction of the Dutch Five per Cents, has caused a rise of more than 1 per cent in Dutch Two-and-a-halt per Cent Stock ; which has been as high as 541. and closes at 54 The intelligence brought by the Solway packet from Mexico produced a decline in the Stock of the Republic. It was at first reported that a remittance had arrived on account of the dividends, and the price improved to 311 ; but when it became known that this report was erroneous, and that not a single dollar had been remitted by the Government, the price speedily declined, and fell to 291: from that point a reaction has occurred, and after being at 301, the closing price today is 30-11. The non-arrival of any remittances for the dividends has been a great disappointment to those parties conversant with Mexican finance, as well as to those interested in the Stock. It was confidently anticipated that a large remittance would have been re- ceived on this occasion, to provide for the large portion of the dividend due on the 1st April next, yet unremitted, and which may now be considered in jeopardy. The fact of the occurrence of a political convulsion, although sufficient to account for the non-remittance, is still a very unsatisfactory apology to the Bondholders. The Portuguese Converted Stock has been in demand; and upon the receipt of the Lisbon mail on Monday, stating the expectation of the apportionment of 500,000/. as a sinking-fund, rose to 371 : some extensive purchases since made by a broker connected with houses in Lisbon, have given increased value to Stock, which has been done at 38s. Spanish Stock declined at the beginning of the week to the extent of 1 per cent ; the exaggerations of the French press with respect to the state of Barcelona, and the relations between the French and Spanish Governments, exercising a depressing influence upon the market. The price, however, im- proved in the course of Wednesday ; and again today, when it has risen 1 pr cent. The purchases of today have not been of a very influential character; and although a report is prevalent that the dispute between the two Govern- ments has been adjusted, we should be inclined to believe at present that it is at least premature. The price of Active Stock has been as low as 14, and that of the Three per Cents at 24: the former has been as high as 191, and the latter has been quoted at 241 for the end of the month; both, however, closed lower, the Five per Cents at In and the Three per Cents at 23* 1.

The principal object of interest in the Share Market has been the change that has occurred in the directory of the Brighton Railway. For some time the proprietors residing in Lancashire and Yorkshire had declared their dissa- tisfaction with the management of the affairs of the Company, and their deter- mination to effect a change in the direction : for this purpose, they despatched to the meeting held yesterday, delegates holding a sufficient number of the proxies of provincial shareholders to form a majority : a considerable change has consequently taken place in the constitution of the governing body ; and the effect is already apparent in the price of the shares, which from being 34/ have been today done at 35/. There has been a fair degree of business in the Railway Shares generally : prices are, however, not quite so high as last week ; but no transactions of importance have occurred.

SATURDAY, TWELVE O'CLOCK

- So little busiass has occurred this morning, that up to this moment, not a single bargain is recorded in the Official List as having been effected in Consols for the Account. The price for Money is, however, 941 1; and the nominal quotation for Account the same. Exchequer Bills have improved ta and are 65 to 67 premium.

The only variation in the prices of the Foreign Funds is in Spanish Stock, both of which are higher ; the Five per Cents being 19/ *, and the Three per Cents 231 if. The transactions in Railway Shares have been confined to the following : Great Western, New, 67; Brighton, 35/.

SATURDAY, FOUR 0. CLOCK.

The Three-and-a-half per Cent Stocks have improved ; the New Three-elid- e-half per Cents having been done at 1011, and the Three-aod-a-balf per Cents Reduced at 102*. The other English Funds are the same; and also Exchequer Bills.

In the Foreign Market, Portuguese Converted Bonds have improved, and after being at 3-9, close at 381 9. Spanish Stock is higher ; the Five per Cents being 191 I, and the Three per Cents 241 1. Colombian Bonds have been momentarily depressed, the Old (Red) Stock having been done at 221: but the the closing price is the same as in the morning, viz. 23* /.. There has been a considerable degree of business in Shares. Santiago Mining have been done at 21; London and Westminster Bank, 24; National Bank of Ireland, 141; Union of Australia, 311; Railways—Great Western, 92 911 ; New Ditto, 67 *; Ditto Fifths, 17*; Brighton,34 6 61; Ditto Loan Notes, 101: Blackwell, 4 ; Birmingham, 208; Greenwich, 41; Manchester and Bimingham 22; South-eastern and Dover, 221.

941 3 ' Colombian 6 per Cents 94} Z Danish 3 per Cents 95} 3 Dutch 23 per Cents 102 3 Mexican 5 per Cents Consd .

1013 1

Poi tuguese Regency 5 per Cts 174 Ditto New 5 per Cents 1841

65 7

Ditto 3 per Cent s

65 7

Russian 5 per Cents

267 8

Spanish (Active) 5 per Cents 753 63 Ditto 3 per Cents 1842 103 4

3 per Cent Consols Ditto for Account

3 per Cent Reduced as per Cent Ditto

New 34 per Cents Bank Stock Exchequer Bills 24d. .... prem Ditto Id prem India Stock Brazilian 5 per Cents Belgian 5 per Cents

233 } 81 6 543 t Boa * — 383 9 — 115 116 193 } 243 4