MONEY MARKET.

STOCK EXCHANGE, FRIDAY AFTERNOON.

The English Stock Market has been subject to much fluctuation; the general result of which has been to cause a decline of about 1* per cent; the closing quo- tation of Consols today is to that extent lower than last week. The settlement of the Consols Account occurred on Tuesday ; when the reality of the sales to which we have recently alluded became apparent from the pressure of the Stock %ME the market. The premium paid by the speculators to carry over Stock to the April Account was * per cent—equal to an interest at the rate of nearly 3* per cent per annum upon the capital employed ; and as the current rate of loans for short periods, and of discount, may be cited at from 2 to 2* per cent, it will be seen that a considerable demand for money then occurred in the Stock Ex- change. One firm in Lombard Street is stated to have lent 750,0001- upon Stock till today; and to the necessity of providing for the repayment of that sum is in some quarters attributed the decline of nearly 1 per cent that occurred in the price of Consols during this morning. The extremes of fluctuation have been about 2 per cent ; Consols having today been as low as 90i for Money; closing, however, rather more firmly, the last price for Money being 904* and for Account 90 I. It would be idle to detail all the reports by which these fluctuations have been accompanied; though there is sufficient reason for them in the large depres- sion of the French Funds, and the circumstances already noticed as local causes of decline.

The transactions of the Foreign Market have been rather more extensive than maid. Speculation seems still to be diverted towards the South American and Non-dividend Bonds. Though prices are not quite so high today as they have been, in consequence of the decline of Consols, yet the markets for the various descriptions of Stock have been well supported. Intelligence from Buenos Ayres has been received as late as 14th December. At that date Mr. Southern, the Eng lish Ambassador Extraordinary, had been received by the President Roses. This news has given currency to Buenos Ayrean Stock: it was done shortly after the commencement of business at 27, and at the close was 30 to 31. Portuguese Bonds have been in demand, though not quite so firm today. Spanish Stock of both varieties has also declined. The Scrip of the new Danish Five per Cent Loan,

which was in demand and had reached 8* premium, is not so firm; being notai- nally quoted at 6 to 7 premium. • -

The Railway Shares are all lower; those of the more important lines from 11. to 31., and the minor varieties at a proportionate depreciation. The French Shares are all lower; the smaller varieties having declined about 11., and the others about 21. per share: the transactions in them in this market are still con- siderable.

SATURDAY, TWELVE O'CLOCK.

There was a general disposition to sell Stock at the opening of the market, and Consols were done as low as 904 for Money and at 90* for Account. It, however, soon became known that the French Fends were firm in Paris yesterday; and a better feeling has consequently prevailed here, and Consols are Dow 90* i for Money and 904 i for Account. In the Foreign Market, prices are nearly the same. Pe- ruvian is quoted at 57 to 59, and Buenos Ayres Bonds at 27 to 30. No material change has occurred in Railway Shares ; the following are the only bargains as yet recorded : Buckinghamshire, 14 discount; Chester and Holyhead, Preference, 12i: Eastern Counties, 10* 44; Great Western, Fifths, 19; Leeds and Bradtbrd, 7877; Blackwell, 54; Brighton, 35; ; Midland, 784 78; Great North of England, Purchase, 74 4; Namur and Liege, 8.

a per Cent Consols

924 4 Danish 3 per Cents 68 71 Ditto for Account

921 f

Dutch 24 per Cents 484 94 3 per Cent Reduced shut Ditto 4 per Cents 784 91 31 per Cents shut Mexican 5 per Cents 1846...

28 4

Long Annuities shut New Granada 17 18 Bank Stock shut Portuguese N.4 perCents 1842 27 8 Exchequer Bills 41 44 pre= Portuguese Old 1824 68 71 India Stock shut Russian 5 per Cents .ex. div. 104 6 Brazilian 5 per Cents 80 3 Spanish (Active) 5 per Cents 161 171 Belgian 44 per Cents 83 5 Ditto 3 per Cents 1842 281 91 Buenos Ayres 27 30 Venezuela 27 29 CI:titian 6 per Cents 94 97

The accounts of the Bank of England for the week ending the 10th March exhibit, when comptred with those of the preceding week, the following results-.--

BANKING DEPARTMENT. Increase. Decrease.

Rest Public Deposits 43,141 526,569

Other Deposits

£89

Seven-day and other Bills

36,489 Government Securities, including Dead-weight

Other securities

97,016 Notes unissued 703,480

Actual Circulation

469,790.

Issuz DEPARTMENT.

Notes Issued 233,&0

Bullion 120,358

This week.

Last week

Total Bullion In both Departments 15,297,212 15,176.854 Actual Circulation 17,902,320

18,372,110