MONEY MARKET.

STOCK EXCHANGE, FRIDAY AFTEENOON.

The English Funds have been more than usually unsteady. Till yesterday morning, the fluctuation of Consols ranged between 86* and 551: when, however, the statement of the Chancellor of the Exchequer became known, from which it Is apparent that the Government plan is to raise the contemplated 2,000,0001. by the gradual sale of Savings Bank Stock and not by an immediate creation of the whole amount, the price of Con- sols rose to 86}. The report that a French armament is about to be sent to Venice pro- duced this morning a decided change; the price falling to 851. An influential purchase of 50,0001. at the low quotations gave rather a better face to the market ; which, after touching 86, closes at 85} The demand for money is rather brisker ; the rate of in- terest upon loans for short periods being from 2} to 3 per cent. The "continuation" on Consols for the October Account ranges from } to 3-16 per cent—equivalent to an In- terest upon the capital employed of from 11 to 2 per cent per annum.

The Foreign Funds have been stonily; and, with the exception of Portuguese. the business transacted in them has been unimportant. Portuguese has risen about 3 per cent, and appears to be in good demand at the improved quotations. By the last pack- et from Lisbon, a very small remittance was received on account of the dividends ; and it is expected that these remittances will continue. Spanish has also slightly improved; a plan having been promulgated at Madrid for the conversion of the various species of Spanish Bonds Into a Two per Cent Stock. The impulse thus commimicated to the Stock was but trifling, and today the prices are again declining.

The Railway Share Market has been tolerably steady; the quotations of the Shares of the principal lines being today nearly the same as last week. The range of prices Is still, however, very low ; and there does not appear the slightest indication of any disposition for extensive Investment even at the present very reduced rates. The French. in common with all descriptions of Foreign Shares, are rather lower. Solna activity Was visible in the market for Paris and Lyons Shares. Few of the English holders appear to avail themselves of the option of paying the shares in full, but seem rather disposed to Sell them : the prices are consequently upon the decline.

The accounts of the Bank of England, for the week ending the 26th August, exhibit when compared with those of the preceding week the following results--

BAXE.INO DEPARTMENT. Increase. Decrease. Best 453,104 Public Deposits £323,276

Other Deposits 14,073

Seven-clay and other BIBB 48,633 Government Securities, including Dead-weight• • —

Other Securities 36,041 Notes unissued 283,930

Actual Circulation 194,455

Issus DEPARTMENT.

Notes issued Bullion

&LEMMA'', TWELVE o'CLoce.

There is no change of prices, nor any business of Importance occurring, In the English Funds ; Consols having been steady since the commencement of business at the open- ing price. In the Foreign Market the quotations are nominally the same as yesterlay The Railway Market is rather firmer ; the following are the only transactions as yet recorded : Great Western, Si ex div.; South-western, 39 ex My.; Midland, 89 ex div.; South-eastern and Dover, 254 ex div.; Parts and Lyons, 111. paid, 41; Ditto, 101. paid, 4.

Total Bullion in both Departments Actual Circulation 89,475 132,116 This week.

13,503,663 18,118,880 Last week.

13,371,547 18,313,33-5

-3 per Cent Consols

Ditto for Amount 3 per Cent Reduced 31 per Cents Long Annuities

85 861 851 6 863 f Danish 3 per Cents

Dutch 21 per Cents Ditto 4 per Cents Mexican 5 per Cents 1846 New Granada

67 70 441 51 74 11 161 17 111 121

Bank Stock 196 8 Portuguese N.4 perCents 1842 22 3 Exchequer Bills ....... 19 33 prem. Portuguese Old 1524 66 9 India Stock

Russian 5 per Cents 97 9 ex d.

Brazilian 5 per Cents 72 4 Spanish (Active) 5 per Cents 121 1 Belgian 41 per Cents 69 72 Ditto 3 per Cents 1842 23 1 Buenos Ayres 20 3 Venezuela 15 17 Chili= 6 per Cents 84 7