MONEY MARKET.

STOCK EXCHANGE, FRIDAY arrsalsoow.

The Money Market has evinced greater activity this week than for some time past ; and the tendency to decline has been counteracted, by the improve- ment of I per cent. which occurred in the prices of the French Funds on Tuesday last. This rise, at the present juncture, is considered indicative of the pacific tone which the Government of Louts PHILIP will adopt in the approaching discussions upon the American Indemnity: and, as the fluctuations in the French Funds are watched with great anxiety by our capitalists, the state of our Money Market will, till the definite settlement of the question of peace or war, be materially affected by that of Paris. Little information, however, can

be expected on this all-absorbing topic, till the arrival of the Message of the - President of the United States; which would be communicated to both Hours of the Legislature at Washington on the 4th instant, and may be expected in this country about the end of the month.

In the Foreign Market, the circumstances connected with the abandonment by M. CARRONNELL of the financial agency of the Portuguese Government have excited considerable attention. Various rumours have been in circulation upon this subject ; but we believe the following to be the most correct version of the affair. Bills to the amount of 60,000/. were drawn by the Govern- ment in Lisbon upon the financial agents in London, part in favour of the Bank of Lisbon, and part in favour of an eminent house in the City; and in due course remitted here, and by the holders presented for aexptance : tl WAS declined by the agent ; and the credit of the Portuguese Government would have been to sonic extent injured, bad not the gentlemen who acts as agent for the Lisbon Bank accepted for their honour the amount drawn in their favour, while the remainder was accepted for the honour of the Portuguese Government by the house of Itarirsciiii.n. The distrust which in the mean time was thrown upon the credit of the Portuguese Government, operated unfavourably upon the price of Portuguese Stock ; which, although it had pi eviously recovered the depression which it suffered last week, again declined in, re than 2 per tient ; but it has since recovered in a slight degree. The Government of Lisbon is now without any agent in London ; and the titans or warrants for the pay and gratuities of various British soldiers, who served in the Liberating army of Don PEDao, roust remain dishonoured till intelligence can be received from Lisbon.

The Spanish Bonds have been in the course of the week, 25 per cent. above the closing quotation of Saturday last ; but that price has not been maintained, and they have since receded more than 1 per cent. The operations of the week have not been of very remarkable character ; our fluctuations having been materially influenced by those of the Paris market ; where, as well as in Hol- land and Belgium, an increased demand for these securities has occurred.

The transactions in the European Continental Stocks do not allow any scope for remark ; the fluctuations in them as in Consols being chiefly guided by the prices of the French Funds. A disposition for investment in the Mexican Stock has existed for some time, and the purchases for money have latterly been very considerable. These operations are said to be founded on the expectation of speedy remittances from Mexico; and, judging from the character of the parties engaged, and the bond fide nature of the transactions, we should be inclined to attach some credit to the assertion, but that the Punica fides of the new States of the Western World has been proverbial.

The Chilian Bonds have also improved, iu consequence of rumours of a similar nature as regards that Stock.

The Railway Shares are generally heavy, and the Mining Shares still con- tinue in the state of neglect in which they have so long remained.

SATURDAY. TWELVE O'CLOCK.

The Consol Market, after having been in a quiescent state during the whole of the morning, has declined h per cent., and is now 915 1. In the Foreign Market, the large majority on the address in the Chamber of Procuradores, has sustained the price of Spanish Stock against the decline of 5 per cent. which has occurred in the Spanish Marks, and the price is now 44a ; a higher quotation has been obtained in the course of the morning, but the market im- mediately receded, and has for some time been steady at the above price. Por- tuguese Stock remains unaltered at yesterday's quotation. The Railway Shares are quoted asunder—Blackwell 15; Brighton 25 3; BirtMnglialti 4643; Green- wich 6 7 ; Great Westin u 65 75 ; North Midland 1 2—all prem.

SATUROAT. POUR O'CLOcK.

The Consol Market closes at the opening price ; hav'nt improved A per ce: t. upon the quotations in the middle of the day. The Spanish Stock closes at 445 4. Portuguese Securities also remain unaltered. In the Share Market little of importance has occurred. The Railways arc at the morning quotations. The Danube and Mayne Shares are very heavy, having been done as low as prem., and closing at prem.

3 -er Cent. Consols shut Dutch 2/ per Cents 54a 5 Ditto for Account 9111 French 3 per Cents

New 3; per Cent. Annuities shut Greek. 1825.5 per Cents —

Bank Stock 2101 Mexican 6 per Cents.

Exchequer hills 15 rpm. Portuguese 3 per Cents ?,84! :4) Ornnium shut Do. Regency S per Cent

Belgian 5 per Cents..es. thy ON WO Russian, 1822. 5 per Cent I n8i

Brazilian per Cents. 831 84 Spanish. 1:135, 5 per Cod.. — bluish 3 per Cents. 754 61 Ditto 1834 44; ii