MONEY MARKET.

Srocx EXCHANGE, FRIDAY Arrzaitoow.

The long-prevailing anticipations regarding an increase in the Bank of England rate of discount have this week been realised: yesterday, at the usual weekly meeting, it was raised to 4 per cent. This step was considered the more probable, as, independently of diminished coffers from the late shipments of coin to Australia, the demand for specie on the Continent foie the movement of military in connexion with the Turkish question, and for other causes, remittances on a large scale are still going on to several parts of the Continent, and likely to be continued for some time ; added to which, a rise of 38. to 4s. occurred in the Corn-market on Monday compared with that day week. The pacific tone of the foreign intelligence respecting the apparent adjustment of the Turkish question has failed to produce any good effect on the Funds, owing to the anxieties for the harvest and the demand

for money connected with the drain of gold. Silver continues to be pur- chased in large quantities in Paris on English account, for which gold is remitted. The next steamer for India and China, it is expected, will take out a considerable amount of silver. The Funds were tolerably steady in the early part of this week ; until Wednesday, Consols had only varied be- tween 98 t. On the afternoon of that day they declined a ; caused by the calling in of loans, which produced a scarcity of money, added to fears re- specting the Bank change of discount, and a sale of 60,000/. Stock by the Government Brokers on account of the Savings-Banks : Consols, after having

fallen to 97f f, closed higher. Yesterday, after the breaking up of the Bank meeting, they fell to 971„ f, at which they left off. Today the Funds are 4 lower ; the last price of Consols being 971 a. The flatness has been as- sisted by a decline of nearly in French Stocks, and the firm appearance of the Corn-market today. India Stock has fallen this week 2, Bank Stock f, and Exchequer Bills Is.

Foreign Stocks were very steady, and without alteration, till Wednesday ; when a decline occurred in several instances, from which there has been no rally. The exceptions, have been in Russian Five per Cents, which have improved 4; and Peruvian Four-and-a-half per Cents, The depression has been—Venezuela and Peruvian Deferred, 1; Danish Fiaie, Portuguese Four per Cents, Sardinian and Granada Deferred, 4; Spanish Deferred, and Mexican, 4; Spanish Three per Cents and Certificates, I. The remittance yesterday by the packet on account of dividends on Mexican Stock amounted to 21,536 dollars.

Railways have been flat throughout the week. The settlement of the Ac- count took place on Tuesday, and the rates for continuation were easy. Sales have since been rather freely transacted, arising from the same uneasy feel- ing affecting other markets. At the close yesterday, the difference in some of the leading lines compared with last Saturday was to the following ex- tent. Increase—Shrewsbury and Birmingham, 21.; Scottish Central, and Scottish Midland, 1/. Decrease—Oxford, Worcester, and Wolverhampton, 21. .108. ;- London and South-western, 21.; London and North-western, 1/. 10s. ; Midland, 1/. 78. 6d. ; Caledonian, and Great Northern, 11. 58.; Lancashire and Yorkshire, and South-Eastern, II.; Bristol and Exeter, 158.; East Lancashire, Great Western, and London, Brighton, and South Coast, les. ; Chester and Holyhead, 5s. Foreign Shares have declined to the follow-

ing extent—Paris and Strasbourg, 1/. 2s. ; Paris and Orleans, 1/. ; North- ern of France, 17e. 6d.; Great Central of France, 168.; Sambre and Meuse, 12s. 64; Paris and Lyons, Paris and Rouen, and Western of France, 10s. Today the English lines have been rather weaker : London and North- western, and London and South-western, have declined 10s. Foreign Shares have not altered.

At the Bristol and Exeter Railway meeting, a dividend WBB declared at the rate of 44 per cent per annum : the surplus does not exceed 11851.

SATORDAY, TWEINE O'CLOCK.

In the English Market there is no alteration : Consols for Money and the Account are 974.'; Exchequer Bills 2 discount to 1 premium. The return of bullion by the Bank of England again shows a large decrease ; but Govern- ment Securities have been strengthened by a slight rally in French Stocks and lower prices on the Continental corn-markets. In Foreign Stocks no change has occurred. Railways are dull ; the bargains have been in the following—London and North-western, 1091; Midland, 684; North Bri- tish, 32; South Wales, 361; 'York, Newcastle, and Berwick, 684; York and North Midland, 664.

3 per Cent Consols

Ditto for Account 3 per Cent Reduced 34 per Cents Long Annuities Bank Stock 971 97 981 4 1001 1 51 227 8 Danish 3 per Cents 84 6 Dutch 21 per Cents 641 4 per Cents 981 9

Mexican 3 per Cents 26 1

Peruvian 41 per Cents.... 81 3 ex. dlr.

Portuguese 4 per Cents 444 511

Exchequer Ms 2 dis. 1 pm. Russian 5 per Cents 115 17 ex d.

India Stock 255 7 Ditto 41 per Cents 1011 21

Brazilian-5 per ...wits

101 3 Spanish 3 per Cents

47 a

Belgian 41 per Cents 98 100 Ditto Deferred 221 31

Chilian 6 per Cents

104 6 Sardinian 5 per Cents 95 61 Danish 5 per Cents 104 6 ex dir. Austrian 5 per Cents 98 100