THE MONEY MARKET.

STOCK EXCHANGE, FRIDAY EVENING.—In our last report an opinion was hazarded, that the late alarm had subsided, and that confidence was likely

to be again restored for a time. The appearance of the Money-market, at its opening on Monday, seemed to verify this opinion, and the transac- tions of the following day, and even the early part of Wednesday, seemed still further to confirm it. Consols for the Account had risen on Tuesday

to 87f, New 4 per Cents. to 102, India Bonds to 91, and Exchequer Bills to 76 premium. These prices were also maintained during a part of Wed- nesday, but in the afternoon of that day, on the appearance of some con- siderable sellers in the Market, Consols fell rapidly to 861, and closed at that price. On the following morning (Thursday) a trifling reaction oc- curred, and bargains were effected at 861; but by twelve o'clock some large sales had forced down the price to 86i ; and a variety of alarming reports

• being afterwards circulated, a general panic ensued ; and the eagerness to effect sales became so great, that Consols fell successively to 861, 86, and eventually to 851. A slight reaction afterwards occurred, and the closing price of Thursday was 851 to 86.

It is no part of our design to detail the various rumours which were in circulation on this occasion, especially such of them as have since proved incorrect; but there are several subjects on which the public mind is liable to great excitement, and until some or all of these are disposed of, we shall be liable at any moment to considerable fluctuations. Of late, however, in the absence of news, the tendency of the Stock Market is always upwards ; and accordingly this morning (Friday) so soon as it appeared that the alarm of yesterday was premature, prices began gra- dually to rise ; and Consols, which in the morning were offered at 86, advanced to 86a to at which they closed. Money, although scarcer than heretofore, is still abundant ; and the payment of dividends in the course of next week will make a large addition to the quantity in circu- lation.

In the Foreign Market there is not much to mention. The extreme prices of Russian Stock have been 931 to 924. During the alarm on Thursday, many of the South American and Other Bonds were offered at lower prices, but no considerable business was done. Portuguese Stock has continued to droop, and there is still no news of the dividend. This afternoon, however, it was a little better. The news of a war intended between Colombia and Peru has rendered the Bonds of those places very difficult of sale. In Shares there is nothing new to report.

Bank Stock, shut Colombian, 20 to 3 per Cent. Reduced, shut Danish, 614

3 per Cent. Consols, 814 Greek, 18 to

Ditto, for Acct. 15th Oct. 86i to 4 Mexican, 38 to Ditto, for 1726, nothing done. Peruvian, 18 to 20 34 per Cent. Reduced, with dividend for Portuguese, 56 to opening, 95 to 4 Prussian, 101 New 4 per Cents. 101j to Russian, 921 to 93

4 per Cent. 1326, shut. Spanish, 114

Long Annuities, shut. India Stock, nothing done. 27 price

South Sea Stock, nothing done. Rolanos, 300 486 to 493 India Bonds, 86 Imperial Brazil, 20 75 to 77

Exchequer Bills, 75 to 76 National Ditto 8 10 Bank Stock for the opening, 212 Colombian, 25 184 Austrian Bonds, I Kalpuxahua 320 124

razilian Bonds, 62 to 624 United Mexican 33 18 to 19 B

SHARES.

Anglo-Mexican, 95 paid

FOREIGN FUNDS. Real del Monte 400 255 to 260 SATURDAY MORNING.—There is not much business doing this morn- ing, and prices have not advanced beyond those of last night, notwith- standing the favourable account of the quarter's revenue. Consols for Account 864 to N.

ONE o'CLocx.—The money market is better since the morning, and Consols have been done at 861: but at present the price is not quite so high, 864 to 1. Russian, 921 93; Brazil, 621 to 1, but nothing doing.

FOUa O'CLOCK.—Closing price of Consols 86 4 and 4.