MONEY MARKET.

STOCK EXCHANGE, FRIDAY Arnoutoott. Under the lowering aspect of the intelligence from America this week, the English Govermnent Securities declined; Consols for Account from 1004 to 991, at which latter price some very large speculative sales occurred: but in conse- quence of the support given to the market by actual purchases for money, a firmer tone was imparted to business; and prices closed this afternoon within * per cent of the highest quotation. The premium of Exchequer Bills, which had fallen to 55s., has since recovered to 59s. Considerable surprise was occasioned yester- day by the announcement of the Directors of the South Sea Company to the Pro- pnetors, at a general meeting held on that day, that a bonus, at the rate of 6_per cent, in South Sea Stock, would be added to the capital of the Company. The Directors, at the same time, communicated to the Proprietors their unention to adopt many economical reforms; not the least of which is a large reduction in the amount of their own salaries. These proceedings will put an end to the desire so long expressed by many Proprietors for a dissolution of the Company; as the in- ducement to press this step, the Lope of a bonus of about 5 per cent upon the capital becoming divisible among the Proprietors at the winding up of its affairs, is now completely removed by the declaration of the present bonus. No business has occurred in the Stock either yesterday or today.

In the Foreign Market, the effect of the American news was for a short time much greater than upon the English, and there was an indisposition to purchase any description of Stock. With the revival of the English prices, however, the quotations of Foreign Bonds have risen; and the markets this afternoon are gene- rally firm, with a disposition for investment. The Portuguese Converted Bonds are an exception: they have declined 2 per cent from our last prices, in the almost total absence of buyers except upon speculation, and may be considered now as heavy from the same cause. Spanish Stock, both Active and Three per Cents, had been depressed, but closes this afternoon at about* per cent advance. Mexi- can Bonds are heavy, as might naturally be expected. The South American i

Bonds are generally n demand. Columbian ex Venezuela have risen nearly 1 per cent, in consequence of the arrival of propositions from the Republic of Meador

relative to its poi lion of the Debt. These are, to convert the 50 per cent of the

Columbian Debt apportioned to the Republic into a Stock to bear interest from 1st June next at 1 per cent per annum, and to increase at the rate of 4 per cent periodically' until the interest shall reach 6 per cent; also to convert the present 120 per cent of arrears of dividend, of which 60 per cent is due from the Re- public of Ecuador, into 50 Deferred Stock, to commence bearing an interest of 1 per Cent in 1852, and increase periodically in the same manner as the Active Stock. A meeting of the Bondholders is called for this day week, when the propositions will be submitted to them. The course of fluctuation in Railway Shares has been nearly the same as that of Stock. On the first arrival of the .American intelligence there was a tion to sell, as indicated by a slight decline in prices:. that 'feeling was not, ow- ever, of long continuance; and pnces of the great majority of shares are in many cases higher today than they were this day week. In absence of the excitement to speculation supplied by the proceedings of the Parliamentary Committees, the business in the minor description of Shares has not been so extensive as usual. Those of the two Harwich lines are (in consequence of an uncertainty as to which has been recommended by the Board of Trade) both in demand: the one usually current in the market rose from 4 to 2 premium; and that in conjunction with

the Eastern Union Extension was for the first time talked of, and quoted at Sand 4 premium. The French Shares were in demand, but are lower today. The al- lotment of the Shares of the North of Spain Railroad has taken place, and they are current at about 24 premium.

SATURDAY, TWELVE O'CLOCK.

So little business has occurred this morning in the English Funds, that we have no quotation of business actually occurring, and our prices are merely nominal.

In the Foreign Market, the Stock transactions are unimportant, and prices without change. The Railway business has been general and important, at improving prices; the most remarkable advance occurring in New Midland, and Cambridge and Lincoln. The following is the record of bargains actually • : Birming-

ham and Gloucester, 134; Caledonian 94; Cambridge and 74 77 Direct Northern, 411.; Churnet, 7 i 4;, • Eastern Counties, 211; Great Southern and Western, (Ireland,) 151; Newark and Sheffield, 54 1; Newcastle and Dar- =,d;,161; Shrewsbury, 54; London and York, 44; South Wales, 64; New 17 18 (nomin). SATURDAY, Two o'ctoca•

The English Funds are lower; Consols for Money having been done at 991, and for Account at 994, and close at 991 4 both for Money and Account A large speculative sale has occurred again this morning ; and this operation, in conjunction with others of the same kind during the last few days, has thrown so much specu- lative Stock upon the Market that there is no appreciable difference between the price for Money and that for Account. In the Foreign Market, no material change has occurred in the prices of Bonds. The business in Railway Shares has been of unusual extent. New Midland are still rising, and have advanced between 21. and 31. upon the day's business. The following transactions have occurred in addition to those given in the morning:

Birming and Gloucester, 135; Ditto, New, 33; Bristol and Exeter, 82; Ditto 'and Gloucester, 59; Caledonlim, 94 10; Cambridge and Lincoln, 74 4; Chester and Holyhead, 81 4; Churnet Valley, 74; Cornwall, 41; Dublin and Belfast junction, 8 74; Ditto and Galway, 3 4; Eastern Counties 21 4; Great North of England, 195; Ditto, New, 21 20; Great Western Half-shares, 1014; Lancaster and Carlisle, 34; Birmingham, 233 4; Brighton 634 4; Croydon, 174 184; York, 31 4 4; Lynn and Ely, 644; Manchester and Leeds, 634; Ditto, Quarter- 204 ; Midland, 148 151 1494; North British, 17; South Devon, 204; Mid- land, slew Shares, 164 181; South-eastern and Dover, 424; Ditto, New, No. 1, 164; Ditto, New, No. 2, 114; South Wales, 64; Waterford and Kilkenny, 34; West Cornwall, 44; Bordeaux and Toulouse, 23; Ditto and Cette, 241; Orleans and Bourdeaux, 114 4; Paris and Lyons, (Lafitte's,) 24 3 24; Ditto, Ganneron's, 21; Paris and Orleans, 5044; Tours and Nantes, (M'Kenzie's,) 21. 21 per Cent Consols • .. • .. - 9913 Columbian ex Venezuela... 151 1 Ditto for Account 991 i Danish 3 per Cents 90 2

3 per Cent Reduced shut Dutch 21 per Cents 631

31 per cents shut Ditto 4 per Cents

Long Annuities shut Belgian 21 per Cents 991 Bank Stock for Account ... — Mexican 5 per Cents 351 6 Exchequer Bills prem. 57 9 Ditto Deferred 161 17 India Stock Portuguese New 6 p. Cis. 1841 631 61 Brazilian 5 per Cents 90 2 Russian 5 per Cents 1163 178

Belgian 41 per Cents 101 2 Spanish (Active) 5 per Cents 301 4 Oman 6 per Cents 100 2 Ditto 3 Cents 1842 401 1