MONEY MARKET.

STOCH EXORANGE, FRMAN AFTF.111300N.

Under the influence of important questions political and financial, the English Stock Market has this week presented more excitement and greater depression than has been witnessed for a long period.- Anxiety appears to increase as the time draws nearer when tho positive decision of the Emperor of Russia for peace or war is expected to be announced. The decline in Con- eons this week has been 1 per cent. On Monday they closed heavily at 97k, and on Tuesday experienced a further fall of nearly At the opening on Wednesday, considerable depression prevailed, owing to the intimation in

the House of Lode on the previous night, that our Government have found it expedient to instruct Sir Hamilton Seymour at St. Petersburg to require an early-explanation respecting the usurpation believed to have been effected by the Russian army in. Moldavia. Upon this information reaching Paris on Wednesday, French Stocks fell about 1 per cent. Our own Funds de- clined 1, Coneols having been as low as 971 1; from which there was only a

trifling reaction. Yesterday they closed at 971 after being 1 higher. Money has been more in demand this week, and a rumour was spread on Tuesday that the Bank of England was likely to raise their rate of discount. The report at first obtained some credit, through a notice from the discount- houses of an intention to increase their allowance for money at call from 21 to 2/, Sales of Money Stock have taken place to some extent in the Eng- lish Funds ; partly, according to report, on account of the Bank of England, though this is not .generally believed. The Corn-market on Monday was firm, and some descriptions of English wheat were sold at 28. advance. Gold continues to arrive in large quantities : on Monday and Tuesday, the sums from New York, the West Indies, and Australia, amounted to upwards of 560,0001. The Chancellor of the Exchequer's bill (printed on Tuesday) ex- tending the provisions of the act of this session for redeeming or commuting the annuity payable to, the South Sea Company and other Three per Cent Annuities, and make provision for payments under this act, will empower proprietors of South Sea Stock not having a vote at general Courts to com- mute, and other purposes in connexion with South Sea Stock. The Com- pany, if authorized to undertake private trusts, may commute in order to form a guarantee-fund. Previously to the 25th of December next, the Trea- sury may appoint a period within which assents of the Company to com- mute shall be notified, and to fix terms of commutation into Three-and-a- quarter per Cent Annuities.

The following return was issued by the South Sea Company on Saturday last, giving the total amount of New Stocks accepted by their proprietary up to that date.

Name of Securities.

SMOUllt COMMULCU 'rum the 4th June m the 29th July by porso,s resident on the Continent.

Amount commuter' previously to the ad June. Total Amount commuted.

New Si. 10z. per Cent Annuities New V. 10s. per Cent Annuities Exchequer Bonds.... ...... ■ .

Total commuted

S 8. a.

507 4 5 91,997 7 8 Nil

E a. d.

102,891 12 0 1,093,620 16 7 5,270 18 4

B s. d.

103,398 16 5 1,188,618 4 3

5,270 18 4

95,504 12 1 1,201,783 6 11 S 1,297,287 19 0

Today the Funds opened better, and Consols were done at 971: they have since fallen, owing to a variety of rumours, and close heavily at 97 1. The prices from Paris this morning were rather lower. Bank Stock has declined

this week, and Exchequer Bills Is. India Stock has not altered.

The Foreign Market has been unfavourably influenced by the depression in Consols, which has caused some sales to be effected on speculative and other accounts. A decline in the following Stocks has occurred—Rus- sian Four-and-a-half per Cents, 11.; Ditto Five per Cents, Sardinian, and Peruvian Deferred, 1 ; Dutch Four, Spanish Three per Cents, and Certifi- cates, 1.; Spanish Deferred and Granada Deferred, 1. Mexican Stock was done on Wednesday as low as 2.5f. The last packet brought 15,655 dollars from Vera Cruz and 5575 dollars from Tampico. Exclusive of these, there are now.at the Bank of England to the credit of the Dividends, 71,3121. ls. 8d. Mr. Falconnet'a letter to the Committee is dated al July. The Stock is to- day 2.4 6?. Portuguese has improved /. A protest was made on Wednes- day by the Chairman of Portuguese Bondholders against the actions of that Government, and pointing to the position of their claims to the present time. Such a step may prove beneficial, as some parties are believed to be using endeavours to prevail on English capitalists to advance money to that Go- vernment for constructing Railways. The Railway Market has been very. heavy, sales having preponderated ; and, combined with the depression in Consols, prices have declined. No reaction had occurred up to yesterday afternoon. At the close, the depre- dation in some of the leading lines compared with last Saturday was to the following extent—Great Northern, 2/. 108. ; London and North-western, and South-eastern, 21. ; Great Western, Lancashire and Yorkshire, London and South-western, Midland, Oxford, Worcester, and Wolverhampton, and York and North Midland, 11. 10s.-; Caledonian, East Lancashire, and Norfolk, 1/. ; Aberdeen, Chester and Holyhead, London, Brighton, and South Coast, North British, and York, Newcastle, and Berwick, 10s. 'The decline in Foreign Shares has been—Northern of France, Paris and Lyons, Paris and Stras- bourg, and Sambre and Meuse, 158. ; Rouen and Havre, 103.; Grand Junc- tion of France and Western of France, 5s. Today the English lines have not altered; Foreign are a shade lower.

SATURDAY, TWELVE O'CLOCK.

In the English Market the Funds have not altered, although the French quotations arrived rather stronger this morning. Consols for Money and Ac- count are 97 / ; Exchequer Bills 3 die. par. In the Foreign House the only change is in Spanish Securities, which are rather lower ; the Three per Cents being now 461 7, Deferred 221 3, and Certificates 5 61. Railways continue flat, and there is no disposition to buy. Bargains have been re- corded in the following lines—London, Brighton, and South Coast, 1021 ; London and North-western, 114k; Chester and Holyhead Guaranteed 51 per Cent, 19f.

Sper Coat Consols Diaz for Account

S per Cent Reduced

31 per Cents Long Annuities Bank Stock Exchequer Bills India Stock

Brazilian 5 per Cents

Belgian 41 per Cents Chilian 6 per Cents . Danish .5 per Cents 97 1 97 1 971 1001 1 5 15-16 2271 81 3 dis. par. 256 9 100 2 97 9 104 6 106 8 Danish 3 per Cents Dutch 21 per Cents Ditto 4 per Cents

Mexican S per Cents

Peruvian Scrip 41 per cents Portuguese 4 per Cents ... 42 Russian 5 per Cents Ditto 41 per Cents Spanish 3 per Cents Ditto Deferred Sardinian 5 per Cents Austrian 5 per Cents 84 6 64 5 97 8 251 61 82 4 3 ex div.

116 18

‘991 1001 C*1 221 3 94 5 96 8