MONEY MARKET.

STOCK EXCHANGE, FRIDAY AFTERNOON.

The settlement of the Cense] Account, which took place on Wednesday, caused rather more activity in the English Funds than has been observable for some time. It was anticipated that the speculators for the fall would find a difficulty in providing stock to complete the delivery of all they had sold. The contrary was , however, the case; and the failure of a speculator, (not a member of the Stock Exchange,) who had been operating for the rise, by throwing 160,0001. Stock upon the market, caused a decline of about 4 per cent. Since the settling- day, a slight advance in price has occurred; but the market still continues heavy. All Stocks the diiidends upon which became payable on the 10th are now open for transfer, and money business has been resumed in them. The issue of money consequent upon the payment of the Dividends has caused a great abundance, and the rate of discount may be quoted at from 2 to 3 per cent, while upon good security money is easily obtainable for short periods at the lower rate. But a very general feeling of insecurity and uneasiness is occasioned by the anticipated rise in the price of provisions, and the fear that the partial failure of the cotton crop, by increasing the price of the staple, will lead to a diminution of manu- facturing industry; thus, by curtailing employment, materially aggravating the distress which the scarcity of food will occasion among the labouring population.

The business of the Foreign Market has been, with the exception of the trans- actions in Mexican Bonds, of a very unimportant character. The rumours for some time prevalent, of the intention of the new Government to repudiate the recent conversion, have been confirmed by the publication of a notice to that effect from M. Ferias, the new Envoy from the republic. This notice has, how- ever, tended rather to increase than depress the value of the Stock; as, in addition to the unsatisfactory character of the document itself, considerable doubts are

entertained of the reality of the official character of M. Ferias. Mr. Murphy, to whom the conduct of the late conversion was intrusted, has laid before the Committee of South American Bondholders the instructions from the Government of Mexico authorizing that arrangement; and no doubt is entertained of his being fully impowered to do all that he has done. The price of the Bonds was yesterday 224; today it has reached 234, and closes at 234 h. The fact of the Spanish marriage having taken place has given a trifling impulse to the Bonds of that nation; but the transactions have not been of magnitude.

The Railway Share Market is without any material change: the general ap- rance is heavy, though in some few instances a tendency to improvement may be remarked.

SATURDAY, TWELVE O'CLOCK.

The English Funds are h per cent below the closing prices of yesterday, without the occurrence of any transactions of importance; indeed, BO little business has taken place, that almost all our quotations both of Foreign and English Funds can only be considered nominal. The principal feature in the Railway Market is a disposition to buy Leicester and Bedford, which have reached par, but 600 shares have since been sold at 4 discount; and a demand for Dutch Rhenish, for which there are buyers at 1 discount, but as yet no business has occurred in them. The following are the only transactions of the morning: Ambergate, Notts and Boston, 24 1; Caledonian, Balf-shares,lk; Eastern Counties, York Extension, 11; Ely and Huntingdon, 4i; Great North of England, New, 301. paid, 54; Leicester and Bedford, par, 4 ills.- South-western, New, 304; Manchester and Leeds, Fifths ; Midland, 136, 134i; Ditto, New, 354; North Staffordshire, 14 pm.; Scottish Ventral, 183; Shropshire Union, I dis.; York and North Midland and East and West Riding Extension, 17 161; York and Newcastle' 42; Ditto, New, 16 3 4.

SATURDAY, TWO O'CLOCK,

The English Funds close at the morning's quotations; the transactions of the day having been very limited. In the Foreign Market, Mexican Bonds have been heavy; declining to 23; but latterly the buyers have predominated, and the market closes at the morning's prices. The other Foreign Bonds are unchanged; with the exception of Spanish Active Stock, which is slightly firmer. The Rail- way Share Market has been in rather an active state; without however leading to any general advance of prices. There was a disposition to buy Midland Stock in the morning, and an advance of about 21. was effected upon the closing prices

o f yesterday. Sellers have however since appeared, and the price has declined to nearly the whole extent of the rise. Dutch-lthenish is still in demand : there were buyers at 4 discount at the close; though 1 discount is the highest quota- lion appearing in the list. The following are the most important bargains recorded. Aberdeen, 15; Ambergate, Notts, and Boston, 244; Birmingham and Gloucester, 1294; Caledonian, 214; Ditto, Half-shares, 14; Eastern Counties, 213 214; Ditto, New, 64 4; Ditto, York Extension, 13 4 3; Great Western, 139 6; Ditto, Half-shares, 784 94; Ditto, Quarter-shares, 194 183; Ditto, Filth-share; 803 1; Hull and Selby, 108; Ditto, Half-shares, 53; Lancaster and Carlisle, 60; London and North-western, 195; London and Brighton, 59460; London and Croydon, 21 4; Midland, 136 44; Ditto, New, 351; South-eastern and Dover, 384; Ditto, New, No. 2, 144; Ditto, New, No. 4, 23; Boulogne and Amiens, 144; Dutch-Rhenish, 5; East Indian, 4; Great Northern of France, Constituted, 121; Orleans and Bordeaux, 74; Paris and Lyons, Constituted, 51; Sambre and Meuse,

545.

3 per Cent Consols 945 Danish 3 per Cents 868 Ditto for Account 951 f Dutch 24 per Cents 591

3 per Cent Reduced 931 I

Ditto 4 per Cents 914 2 31 per Cents-

3511 1

Mexican 5 per Cents 1846 231 1 Long Annuities 9 15-16 New Grenada 21 4 Bank Stock 204 208 Portuguese New 5 p. Cis. 1841 40 2 Exchequer Bills prem. 13 16 Ditto 4 per Cents 1845 41 3 India Stock 258 60 Rustdan 5 per Cents It 1 112 Brazilian 5 per Cents 85 7 Spanhth (Active) 5 per Cents 26; 74 Belgian 4f per Cents 918 Ditto 3 per Cents 1842 374 i Chillan 6 per Cents 97 9

Venezuela

41 3 Columbian ez Venezuela ... 15 16