MONEY MARKET.

STOCK EICKANGE, FRIDAY AFTERNOON.

The transactions of the English Stock Market have been unimportant, and the fluctuations insignificant ; the range of variation of Consols having been. from 97 to 974 for Money and 97k and 971 for Account : the closing price this afternoon is 97k k for Money and 97k for Account. Money has been in greater demand than usual, and was especially so this afternoon, when as much as 5 per cent was given on loan for a short period upon Consols. This demand is understood to have been occasioned by the decline in the cotton- market, which has produced some very heavy failures at Liverpool. The premium of Exchequer Bills has again declined ; the fall dining the week having been about four shillings. If money should permanently command an interest of 3 per cent, it is clear that these securities must go still lower. In the Foreign Market, Spanish Active Stock has been in great demand and has advanced more than 1 per cent. The tendency to advance reeeived a considerable check yesterday, when a sale of 100,0001. was effected at 20. The onward movement has been resumed today, and after reaching 201 the closing price is 20 f. Portuguese Bonds are rather lower : but the transac- tions in them have been so few as scarcely to require remark. M. Park, the agent of the Mexican Government, has deposited with the Bank of Eng- land the order authorizing the appropriation of 2,500,000 dollars arising out of the Californian indemnity to the payment of the over-due dividends upon the Mexican Bonds. It is understood that as soon as the formalities requisite on behalf of the United States are completed, the order will be discounted, and the payment of the money take place. The Bonds have not been materially affected, and close this afternoon at 351 I, the highest price of the week. Peruvian Bonds still continue heavy, in the almost total absence of business ; both the Active and Deferred being from 1 to 2 per cent below our last prices. Russian and the other North- ern European Stocks continue in good demand. The former is still in request in Paris • and the Four-and-a-half per Cent Stock has been done here at loot, The settlement of the Foreign Account occurred today. The transactions to be arranged were inconsiderable; money was scarce, and upon the less valuable class of Bonds interest at the rate of 8 or 10 per cent. per annum was paid to carry over Stock to the next Account. The market for Railway Shares has experienced a very considerable de- cline, and on two occasions—viz. on Monday and Wednesday—a temporary panic occurred. The more important varieties of Shares fell on Monday from 21. to 31., in consequence of large orders for sale from Liverpool, where everything is represented as in confusion from the failures in the cotton and railway share market. Prices rallied again on Tuesday, to fall on Wednesday, from the same cause that produced the decline on Mon- day. The Great Western has been better supported than any one of them • the gross fall not having exceeded 21., and the price today being within fifteen shillings of that of Monday. North-western fell about

4L, and close with a reaction of 21.—that is about 2l. lower. Midland fell about 31., and are now about 21. lower. It should also be remarked, that the tolls for the week ending Saturday last were very unsatisfactory : so that, even without the Liverpool failures, a decline must have occurred in this market. The French Shares have continued flat, apparently from the un- certain state of politics in Paris. The houses connected with France, which usually buy upon any decline in this market, with a view to a resale in Paris, did not come in as purchasers at the early part of the week, but the Foreign demand was better yesterday and today.

SATURDAY Twxavz O'CLOCK.

There is no change or business of importance occurring in either the Eng- lish or Foreign Stockst the prices of which are all nominally the same as yesterday, Consols being 971 f for Money and 971 1 for Account. The de- crease in the amount of Government Securities held by the Bank, to the ex- tent of 500,0001., has been a subject of remark. This circumstance fully ac- counts for the recent increase in the value of money and the fall in the pre- mium of Exchequer Bills. It would hence appear that the Directors are taking means to raise the value of money. The Railway. Share Mar- ket, though rather firmer, is without animation ; the following being the principal bargains recorded—Great Western, 861; South-western, 871; Midland, 601 ; North British, 81 ; South-eastern, 261; York, Newcastle, and Berwick Extension, 1511.

SATURDAY, Two o'Ctocw.

The English Funds close at the morning's prices. Exchequer Bills are heavy, and continue to decline ; the premium having fallen to 43. The transactions of the Foreign Market have been confined to the following— Buenos Ayres, 57; Chili, 103}; Mexican, 3511 ; Peruvian, 811 82 ; Ditto Deferred, 37; Portuguese Five per Cents, 341 ; Ditto Four per Cents, 331 21 ; Ituisian Four-and-a-half per Cents, 100 1; Spanish Active, 201 1 ; Ditto Passive, 6; Ditto Three per Cents, 40; Dutch Two-and-a-half per Cents, 1591-. It will be seen that prices are generally the same, with the exception of Russian Four-and-a-half per Cents and Spanish Stock, both of which have improved.

The appearance of firmness evident in the Railway Share Market in the morning has not continued ; almost every variety of Share has been brought to market, and the result has been a general decline, in some of the heavier Shares to the extent of IL upon the day's business. The following are the principal bargains recorded—Aberdeen, 13} f ; Ambergate, Notts, and Bos- ton, 41 ; Caledonian, 14 131; Chester and Holyhead, 22; Eastern Counties, 714 ; East Lancashire, 151 16 ; Great Northern, 18/ 1 1 ; Great Southern and Western, (Ireland,) 41f Great Western, 861 6 51i Ditto New, 171., 14; London and Blackwell, 81 1 ; London, Brighton, and South Coast, 97; Lon- don and North-western, 1251 41 ; Ditto New Quarter-shares, 211 2& l;0 Ditto 101. Shares, M. and B. C., 31; London and South-western, 871; Mid- land, 601 1 60 591; Ditto 501. Shares, 201; North British, 8' 11; North Staffordshire, 101 1 ; South-eastern and Dover, 261 1 1; York, Newcastle, and Berwick, al f 1 1; Ditto Extension, 1541 ; York and North Midland, 25 41 i 1 ; Buckinghamshire, 171; Caledonian, 10/., 61 ; Boulogne and Amiens, 91 ; East Indian, 16; Northern of France, 141; Paris and Orleans, 241; Rouen and Havre, 91.

3 per Cent Consols 97

Danish 3 per:Cents 76 8 Ditto for Account 97

Dutch 21 per Cents 591 3 per Cent Reduced 96

Ditto 4 per Cents 891 90 34 per Cents 97

Mexican 5 per Cents 1846 .. 35 I Long Annuities 7 5- 6 Peruvian 6 per Cents 811 24 Bank Stock 210 211 Portuguese 4 per Cents 1842. 33 4 Exchequer Bills 43 46 pm. Portuguese 5 per Cents 1824. 88 90 India Stock 259 Russian 5 per Cents Ill 113 Brazilian 5 per Cents 89 90 Ditto 41 per Cents 100 1001 Belgian 44 per Cents 90 2 ex d Spanish (Active) 5 per Cents. 201 21 Chilian 6 per Cents 103 5 Ditto 3 per Cents 1842 39f 404 Danish 5 per Cents

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Venezuek

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