MONEY MARKET.

STOCK EXCHANGE, FRIDAY AFTERNOON.

The English Funds continue to wear an unsettled appearance, although the fluctuations this week have been less important than of late. The favourable weather, and depression in the corn-market, have partly con- tributed to their support; and on Monday, assisted by the intelligence from the Danube, caused an improvement of a, Consols being done at 93 : they after- wards touched 921, and closed 1 higher. On Tuesday, they declined to 92d a. The proposal in toe House of Commons on the previous evening of a vote of credit for 3,000,0001. gave satisfaction, because unaccompanied by any in- timation for power to raise any further sum : but its influence on the Funds was lost, because the debate that night conveyed little hope of a speedy ter- mination of the war ; and lower prices have since ruled, particularly on Thursday, when Consols were dene, as low as 92,-though they closed at 92k 1. The French Fund* have undergone few variations, and latterly have shown a disposition to heaviness. The exchanges are rather more favourable; but the gold from Australia is still wanted for Paris : the supply, however, being sufficient, and producing only a small profit, no sums are drawn from the Bank of England. At Vienna, the Funds are a shade lower, and the rate of exchange on London has advanced upwards of 11 per cent: The accounts from China are still unfavourable regarding the exchanges, and the exportation of silver from England is likely to continue.

Exchequer Bonds of the first series were issued on Monday to subscribers who have paid the full amount : they were then quoted 981, and have since been 98k a : the Scrip is a a premium.

The demand for money this week has been less, and it is worth about 3 per cent on Government Securities. The arrivals of gold from Australia have amounted to about 285,300/.

A special meeting of the proprietors of South Sea Stock was held yester- day; and a resolution was passed for the sale, calling in, and conversion of the assets of the concern for distribution. A considerablepart of the capital is invested in Exchequer Bills, which will not be paid off until June 1855; and the directors deemed it advisable to wait until that period, in prefer- ence to disposing of them at a sacrifice by a forced sale. It was stated that the distribution would not, at the latest, be delayed beyond July next year.

Today the Funds opened a shade lower ; but afterwards improved through purchases of Stock ; and Consols leave off at 921 a for Money and 921 a for Account. Bank Stock is 1 better this week, and India Stock 2 lower ; Exchequer Bills have not altered.

Foreign Stocks are nearly all at the quotations of last week, and business has been exceedingly inactive. Spanish Three per Cents have improved 1 : the accounts from Madrid having been more pacific. Russian Four-and-a- half per Cents are 1 lower. From Vienna the subscriptions to the New Loan are stated to have been considerable ; and a belief prevails that 35,000,0001. will be raised, or possibly the whole amount of 50,000,0001.

In Railways, the transactions have not been numerous. On Monday, there was rather a firm market. London and North-Western were done at 1051, and Great Western at 80. There was afterwards a tendency to depression : which continued until yesterday, when a settlement of the account took place, and a slight improvement occurred. At the close, the difference in

some of the leading lines compared with last Saturday's was to the fol- lowing extent. lnerease-Caledonian, and Loudon and North-Western, 58. Decrease-Shrewsbury and Birmingham, 31. ; Edinburgh and Glasgow, 2/. ; Loudon and South-Western, 1/. 10s. ; Great Northern, IL ; Midland, 7s. 6d. Foreign Shares continue to be little dealt in. It is said the receipts of the French lines for the first half of the present year have increased nearly 121 per cent, after allowing for additional mileage. Paris and Lyons have improved 5s. • and Northern of France, and Paris and Strasbourg, 2s. 6d. Namur and Liege has declined 5s. Today an improvement of Os. to 11. has occurred in several of the English lines-London and North- Western are now 1051 6. Foreign Shares have not altered.

SATURDAY. TWELTE O'CLOCK.

The English Funds are k lower this morning, and Consols are now 921 1 for Money and 92a 1 for Account. Exchequer Bills par to 3 premium. The bullion return by the Bank of England shows a decrease of 190,195/. In Foreign Stocks not the least change has occurred. Railways are steady, and only two bargains have yet been recorded-London, Brighton, and South Coast, 108 ; and Midland, 671.

8 per Ceat Consols Ditto for Account 3 per Cent Reduced 31 per Cents Long Annuities Bank Stock Exchequer Bills India Stock Austrian 5 per Cents Brazilian 5 per Cents Belgian 41 per Cents Chinon 6 per Cents Danish S per Cents 92 92 1 925 5 93 1 45

210 12 par 3 pui.

222 6 80 3 99 101 89 91 102 5 101 3 Danish S per Cents Dutch 25 per Cents Ditto 4 per Cents Mexican 3 per Cents

Peruvian 41 per cents

Ditto 3 per Cents Portuguese 4 per Cents Russian 5 per Cents Ditto 41 per Cents Spanish 3 per Cents Ditto Deferred Sardinian S per Cents Swedish 4 per Cents 75 80 59 61 91 2 245 66 8 50 2 39 41 97 9 81 3 37 185 84 6 84 6