MONEY MARKET.

STOCK EECTIANGE, FRIDAY' AFTERNOON.

The heaviness noticed as prevailing in the English Stock-market at the close of last week was continuedon Monday; when Consols for the Account, which closed on Saturday at 94, were done at 964. A better feeling has since pre- vailed; and though Shares have been and continue depressed, Stories were firmer: some large purchases, both real and speculative, at the low prices, caused an im- provement of nearly 1 per cent; the quotations of this morning being to that ex- tent in advance of those of Monday. Daring the day, however, a decided change has occurred: several influential sales have been effected; and at the close of the market (three o'clock) Consols for the Account were 4 per cent lower than in the morning—namely, 97/ /, Some sales made after business have depressed the market to 97 ; at which price 20,000 have been sold. The Foreign Stocks are all lower, some of them considerably: but the trans- actions in them have been quite unimportant; few sales, and those of small amount, having occurred. It was very generally believed till after the termination of the usual weekly meeting of the Bank Directors yesterday, that the rate of discount would be fur- ther increased to 3/ per cent ; and much of the pressure on Wednesday and during the early part of yesterday may be attributed to the universal preva- lence of this belief. An improvement in price which afterwards took place was but momentary; the sales today have forced the market down to nearly the lowest quotation of the week. The various markets for Railway Shares have been severely affected. Among those most remarkably depressed, are Great Western, and its branch the Oxfonc Rugby, and Worcester; the former having fallen 20/. from recent prices; the latter about 154 viz, from about 21 to 5 premium. The fall in Great Western Shares from the highest quotation reached upon the occasion of the triumph of the broad gauge, has been about 701 per share. A complete change has occurred in the feeling of the public as regards Share speculations; and instead of every- body being anxious to purchase, all are now eager to sell —especiallythe Lancashire capitalists, who have so long been regarded as the leaders in this description of investment. During the week, the principal brokers with Liverpool and Manchester connexions have been sellers of every description of Share, both Foreign and English; and as a natural consequence, every variety of Share and Scrip has fallen considerably. The new Scrip has in many instances been totally unsaleable, the market for it being quite nominal: if the quoted prices do not exhibit any great depression, it has been because no one has been inclined to buy, and sales to any extent being impossible, no transactions have occurred. The accounts from the Provincial Share-markets all agree in stating that the local Banks have generally taken alarm, and are rapidly calling in the loans which the high rate of interest offered for the accommodation has tempted them to make upon Shares. In addition to which, there is a general anxiety among the holders to "get out," even when not pressed for money.

SATURDAY, TWELVE O'CLOCK.

The late delivery of the letters and consequent suspension of business until the brokers can learn the instructions of their country correspondents' prevents us from doing more than giving the nominal quotations of the English and Foreign Stocks, all of which are rather lower than yesterday. Hence it will be seen that the gloom has increased rather than diminished. We cannot notice any trans- actions in Shares; but the same remark will apply to these securities as to Stocks. Everything is dull, with an appearance of the depression continuing.

SATURDAY. Two o'cLocz.

The English Funds have been very mach depressed. Consols were done as low as 96* for Money, but close at 97; Three-and-a-Quarter per Cents have also been as low 974, closing at 98 /. It will be thus perceived that the decline during the day has been counteracted by a reaction. kt the lowest point of de- pression prices were 4 per cent below the closing prices of yesterday, which have since been reestablished. There is no symptom of improvement in the Share Market; and, at one period of the day, sales to any extent of Scrip Shares were quite impossible. With the revival of the English Funds a better feeling has prevailed, and prices have slightly improved. The intelligence by the Indian Mail gave an impulse to the East Indian Shares, which were done in the morning at 31, but declined afterwards to 2i; which may be cited as the closing pace. We subjoin a selection of the most important transactions.

Illeare.

100 Birmingham and Gloneelster

334 Bristol and Exeter, New 25 Cambridge and Lincoln 25 Cornwall

50 Direct Manchester, (Remington's,) Average EaStern Counties

25 Ditto, New 100 Great Western 50 Ditto, Half-shares 20 Ditto, Fifth-shares

Most London and Birmingham Average London and Blackwell

50 Locdon and Brighton

Average London and South-western

50 London and York 40 Manchester and Birmingham

Moak Midland

40 Ditto, New

Mock Ditto, Birmingham, and Derby drerage South-eastern aud Dover

25 York and Carlisle Scarborough Branch FOREIGN RAILWAYS

90 Boulogne and Amiens 20 Bordeaux, Toulouse, and Cette (Maamazies) 20 Ditto (Espeletes)

20 Dutch-Rhenish

20 Great Northern of France (Laptes) 20 Ditto (Rommel's)

20 Great Paris and Lyons 20 Louvain and Jemeppe 20 Lyons and Avignon 20 Orleans and Vierzon 20 Orleans and Bordeaux

20 Paris and Lyons (Laffittes) 20 Ditto (Ganneron's)

20 Paris and Orleans • 20 Paris and Rouen

— Paris and Strasbourg (Compe de L'Est) 20 Sambrp and Meuse 90 Tours and Nantes (Afaekenvies)

3 per Cent Consols ... • - 961 974 Ditto for Account 3 per Cent Reduced 34 per Cents rt i Long Annuities 10 11-16 13-16 Bank Stock 2054 64 Exchequer Bills prem. 39 41 India Stock 264 3 5 Brazilian 5 per Cents 78 81 Belgian 44 per Cents 98 100 Chili= 6 per Cents 98 100

Paid. Business done.

100 125 2 94 14 444

a 34 24 3H24

14 16 203194 416 6446 80 141 39 45 50 80 81 20 33 14 100 215 14 16 16.13.4 84

50 64 60

41.6.10 71

24 54 44

40 76 100 152 6 6 95 100 115 34364 25 53

8 104 10 9 14

2 14 5 81 9 84

4 2 IIi 4 2

2 If i 4 3 2 144 10 174

6 944

2 244

3 3 24 al

20 464 20 398 2 94 6 6 2 9

Columbian ex Venezuela 17 18 Danish 3 per Cents 87 89

Dutch 24 per Cents 57 9 Ditto 4 per Cents 91 2

Mexican 5 per Cents 304 i

Ditto Deferred 16 17 Portuguese New 5 p. Cts. 1841 554 74 Ditto 4 per Cents 1845 554 74 Russian 5 per Cents 110 115

Spanish (Active) 5 per Cents 254 4 Ditto 3 Cents 1842 363 4