MONEY MARKET.

STOCK EIONANOE. FRIDAY AFTERNOON.

There was a very great pressure for money during the early part of the week ; and under its operation as high as 10 per cent interest was given for loans upon the security of English Stock one day—Tuesday. Money has since become easier, and the current rate for loans for short periods was till this afternoon 3 per cent; but it has been in demand again, and as much as 6 per cent has been given to day. The great demand just noticed was principally occasioned by the resumption by an eminent discounting-firm in Lombard Street, of a large sum which they had out on loan. It is supposed that the money in question bad been originally lent by one of the Fire-offices, which has suffered severely by the recent fire at Hamburg ; and that the necessity of providing an imme- diate fund for the satisfaction of the claims arising out of that unfortunate oc- currence has caused the resumption of the loan, and thence the temporary scarcity of money. The fluctuation of Consols for Money has been 92h to 92h ; and after oscillating between those prices, the quotation of today has reached 92h, but closes lower. For Account the fluctuation has only been from 923 to 921 ; and, as in the case of Stock for Money, the higher previous quotation has been again reached, to close, however, at the lower. The New and Reduced Three-and-a-halfper Cents have not fluctuated so much ; the demand for these. Stocks having continued during the urgent pressure for money before- mentioned. The premium upon Exchequer Bills has given way 6s., viz. from 41s. to 35s. This decline occasioned some surprise; but late in the afternoon it was accounted for by a report that the Government intend to reduce the in- terest upon these securities hd. per day, viz. from 21d. to 2hd. The saving thus effected will be about 75,000/. per annum. No official notice of the inten- tion of the Government has been given, but it is generally believed ; and to this circumstance may the slight improvement in the price of the Funds today be referred.

In the Foreign Market, the business transacted has been chiefly confined to Mexican and the South American Funds. The former were on Wednesday depressed nearly 1 per cent upon the arrival of intelligence from New York of the intended blockade of the Mexican ports by the Texan squadron. But as this armament is very much like the army of the Kings of Brantford in the Rehearsal, " at the door, but in disguise," the absurdity of the threatened operation became soon apparent, and the market speedily recovered its lost ground. The price has since given way again, and today has been as low as 361, ; but it improved in the afternoon to BO. Columbian Bonds rose 1 per cent on Tuesday ; and the price was well supported at nearly the improved quotations till today, when it too has given way, to rally again in the afternoon. 'There has been no intelligence received from the Republic to account for this rise. The accounts brought last week by the Clyde spoke very favourably of the general progress of the various States ; and we are inclined to refer the im- provement to the belief that by the next arrival information will be received of the commencement of arrangements on the part of the States of New Grenada and the Equator for the payment of the Dividends upon the portions of the Stock allotted to them in the division of the gross Debt of the Republic. • A communication has lately been made to the Bondholders of the Peruvian Debt, on the part of the Government of Peru, offering to create in their fa- vour a monopoly of the export of Guano. This substance, which is largely produced on the coasts and islets of Peru, has within the last two yeses been in much demand as a manure, for which its fertilizing qualities render it of great value ; its price is at present about 17/. per ton. The supply may be considered unlimited. If the arrangement should be productive of any good to the Bond- holders, it will not be the first time that money has been obtained from equally filthy sources. In the mean time, the price of the Stock has risen about 1 per cent. Spanish Active has been heavy, and has today been as low as 22g. A trifling improvement occurred on the publication of the second edition of the Chronicle, announcing the intelligence of the Cortes having agreed to the vote of credit. The business transacted has, however, been unimportant. The Dividend-paying Stocks have not varied materially. Neither has there been any transaction of importance in Railway Shares.

SATURDAY, TWELVE O'CLOCK.

Saturday being a day upon which but few Money transactions occur, there has not been any demand for money this morning, and the English Funds are consequently firmer ; Consols for Money being 921 fr, and for Account, 9211 Exchequer Bills are the same.

The business in the Foreign Market is but trifling; the current varieties are

rather firmer, at yesterday's prices.

The following transactions have occurred in Railway Shares. Eastern Counties, New, 4/. 14s. 2d. ; Edinburgh and Glasgow, 54; Brighton, 36h ; Greenwich, 51; Midland Counties, Quarter-shares, 17k; South-eastern and Dover, New, 71.

3 per Cent. Consols Ditto fur Account 3 per Cent Reduced 31 per Cent Ditto New 31 per Cents Bank Stock Exchequer Bills India Stock Brazilian 5 per Casts Belgian 5 per Cents 921 * 921 * 91t * 991 101 1 167 8 34 36 pm. 2491 591 67* 81 1011 21 Columbian 6 per Cents.

Danish 3 per Cents Dutch 21per Cents Mexican 5 per Cents Coned Portuguese Regency 5 perCts

Ditto New 5 per Cents 1841

Ditto 3 per Cents Russian 5 per Cents

Spanish (Active) 5 per Cents

Ditto 3 per Cents 1842

261 7 801 81f 52t 3 361 7* 374 1 31* 1 22* 1 112 114 221 3 221 31

SATURDAY, FOUR O'CLOCK.

Both Foreign and English Funds are without variation, and close as in the morning. We have to notice the following transactions in Beltway Shares in addition to those previously given—Birmingham and Derby, 49i ; Cheltenham and Great Western, 22; Eastern Counties, 9*; Great North of England, 83; Blackwall, Ilh ; Birmingham, 181 ; Ditto, Thirds, 601; Ditto, New, 311; South-Western, 631; Manchester and Birmingham, 281; York and North Midland, 93.