MONEY MARKET.

STOCK Exenavor, FRIDAY AITERNOOK.

Notwithstanding the numerous reports of a warlike nature which have been in circulation during the week, the Money-market has been well supported, and

did not evince any tendency to decline till yesterday afternoon, when the influ- ence of several sales of Stock for Money effected during the last two or three days, began to tell upon it, and prices declined to 4 per cent below the closing quotations of last week. The news of this morning, bringing intelligence of the bombardment of Tangier, produced a further decline of 4 per cent ; and though there was a rally during the day, the closing quotations are not so high

as some that were attained during the currency of business. The result of the week's operations may be summed in the statement that the prices of the Go- vernment Funds here are about 4 per cent lower than last Saturday, and that no material change of opinion seems to have taken place ; the firmness of the French Funds encouraging the belief that all will be amicably arranged.

The uncertain state of the weather has not been without its effect upon the Money-market. If the present crop should be materially injured in the har- vesting, and deteriorated in quality or destroyed as to quantity, some and per- haps a large importation of foreign corn will take place. Under ordinary cir- cumstances, with the present amount of bullion in the Bank of England, (between fifteen and sixteen millions,) any possible amount of importation would have been of no moment, as the Directors would have rejoiced at any circumstances that relieved them of a quantity of useless gold. But the new act for regulating the affairs of the Bank, among other enact- ments, provides that the average circulation of the notes of the corporation shall not exceed the amount of the debt due from the Government to the Bank and that of the bullion in store; both being taken together as the securities upon which the circulation is to be based. It will therefore be seen that any sudden and very large demand for bullion might compel a reduction in the amount of the Bank circulation.

Bank Stock has declined, and has been as low as 1994. India Stock has also fallen to 2824. South Sea Stock, which was at 116, has been quoted at 1144. The bargains actually occurring in the English Funds have not, however, been extensive; and, from the very quiet nature of the business, it is clear that no serious feelings of alarm have yet begun to pervade any large class of our ca- pitalists. The transactions in the Foreign Market have not been so extensive as those in the English Funds. Dutch Bonds are rather lower ; but the business trans- acted in them has not been important. No business has occurred in Belgian;

and the Northern European Stocks are without any change of importance. Some slight improvement has occurred in Brazilian and the other South Ame-

rican Bonds. Mexican have declined about 4 per cent; the warlike character of the last intelligence from the Republic having caused a depression. Spanish Stock, on the contrary, has improved slightly, the prices having risen in Madrid.

The Railway Shares are without any very great change. An improvement has occurred in the Greenwich, in consequence of the South-Eastern and

Dover Directors having made propositions to lease their line, which it is under- stood will be accepted, all attempts at a compromise between the Greenwich

and Croydon Directors having failed. The French Shares are nearly as they were last week ; and indeed, so long as the prices both of Stock and Shares continue to keep up in Paris as they have both done for the last week, no material downward effect will be produced here.

SATURDAY. Two o'ctocir.

Some speculative sales, trifling in individual amount but large in the aggre- gate, depressed temporarily the English Funds, and one bargain only was effected in Consols, for Money, at 98g. The demand for Money Stock has been good, and thus a firmness has been given to the market ; which closes at the morning's quotation, viz. 984 4. We must not omit to mention that Con- sols, both for Money and Account, had before the operations above noticed been done at 99. Bank Stock has been done at 1994 a ; and India Stock at 2824. We have also a quotation in Canadian Guaranteed Debentures of 111. The Foreign Funds are unchanged. The following transactions have occurred in Railway Shares, in addition to those given in the morning : Birmingham and Gloucester, 1144; Chester and Holyhead, 6i; Dublin and Cashel, 6j 4; Eastern Counties, New Registered, 134 144; Grand Junction, 220; Great Western, 1354 64, ex div.; Ditto, Half-shares, 82, ex div.; Birmingham, 224 3, ex div.; Blackwell, 74; South- western, 86 i ; Croydon, 194 ; Manchester and Leeds, 121 ; Midland Counties, 1094 ; Ditto and Birmingham and Derby, 81 ; Newcastle and Darlington Junction, 444 47 ; Norwich and Brandon, 144; South-eastern and Dover, 384; Ditto, New, 124 ; Yarmouth and Norwich, 294. 3 per Cent Consols 981 i Colombian ex Venezuela ... 134 14

Ditto for Account 984 4 Danish 3 per Cents 84 94

3 per Cent Reduced 994 t Dutch 24 per Cents 614 4

31 per Cent Ditto. 102} } Ditto 5 per Cents 100} 9

New 34 per Cents 1011 9 Mexican 5 per Cents Gonad . 351 4 Bank Stock 1999 4 Ditto Deferred 154 4

Exchequer Bills prem. 73 5 Pm tuguese New 5 p. Cts.1841 434 44 India Stock 2524 Russian 5 per Cents 120 121 Brazilian 5 per Cents 834 41 Spanish (Active)5 per Cents. 224 4 Belgian 5 per Cents 1034 44 Ditto 3 per Cents 1842 331 1

Chilian 6 per Cents 103 5 Venezuela Active 414 24 The usual return of the average liabilities and assets of the Bank of England for the four weeks ending 10th buten , exhibits, as compared with the last month, a trifling increase in the amount of the circulation, and in that of the deposits, while the securities have increased 437,0001. The stock of bullion has

SATURDAY, TWELVE O'CLOCK

The decline of the French Funds on Thursday threw a gloom over our market at the commencement of business ; the first price of Consols for Account being 9 84. The market has since become firmer, and is now at yesterday's prices, with but few transactions. No business has occurred in the Foreign Funds, and prices are unchanged. The following transactions have occurred in Railway Shares : Great North of England, 111 113; Birmingham, ex div., 222; Greenwich, 9; Croydon, 194; Manchester and Leeds, 120; Ditto, Half- Shares, 50 ; Midland Stock, 1094 1084 ; Ditto and Birmingham and Derby, 804; Newcastle and Darlington Junction, 46; North British, ; York and North Midland and Scarborough, 254. decreased 188,000/. There appears to be a gradual and steady decline in the amount of the precious metals in store ; the decrease since the May return being 451,0081.: the amount at present is 15,579,0001. against 16,010,00W. on the 18th May.