MONEY MARKET. •

STOCK EXCHANGE, FRIDAY AFTERNOON.

The aspect of the English Stock Market is but slightly changed in its character egmlwred with our last report. The reduction in the Bank rate of discount last W had an immediate effect in raising the value of the Government Funds, beyond which no higher rate has been obtained. Money had become exceedingly easy, and does not command more than 14 to 2 per cent; and as the Government broker continues his purchases, it was expected the markets would have further improved. Speculative operations have become extremely limited. While on the one band a vast sum will be required in payment of calls on the new Railway lines which have recently obtained their bills, on the other hand it is evident there is an immense amount of capital unemployed. Exchequer Bills, the true barometer of the money-market, continue firm. In the Foreign Funds, a further rise of 1 per cent occurred on Monday in Mexican Stock, as the excitement was in no way diminished which was produced on Saturday last by the news from America that offers of negoti' ation had been made bt the United States. Subsequently a decline took place occasioned partly by realizers on the late advance. A great improvement has taken place in Por- ttignese and Spanish; which in the early part of the week was based upon the belief that the interest of the creditors was likely to receive some further at- tention from their respective Governments. A further rise was produced in Spanish Stocks yesterday. and today, upon receipt of the official intelligence via Paris respecting the marriage of Queen Isabella to her cousin. In the Share Market, Railways have been generally depressed, although to no great extent. The settlement of Monday last proved a heavy one, and high rates were given to continue speculations till the 15th instant. By far the greater number of jobbers are to be found at the watering-places enjoying the present fine weather, and the markets have become deserted. The fall has been chiefly in those lines which have recently paid dividends; in some instances disappoint- meats have occurred, and speculators have learned that they cannot always in- sure an increased dividend although the traffic-receipts far exceeded these of the previous half-year. The meeting of the shareholders of the South-western Rail- way gave satisfaction. The directors have received authority to purchase the Richmond and the Guildford Extension and Portsmouth and Fareharn Railways. The receipts of the line show an increase exceeding by 11,0171. those of the cor- responding six months of last year ; and a dividend was declared at the rate of 11. 17s. 6d. minus the Income-tax.

SATURDAY, TWELVE O'CLOCK.

The English Stock Market continues steady, at yesterday's quotation. In the Foreign Market, Mexican Stock is 4 per cent lower, in consequence of the non- arrival of dollars by the packet; the news, however, is regarded as favourable. In Railway Shares, business has been transacted at the following prices: BirMng- ham and Gloucester, 130; Caledonian, 16; Cornwall, 14; Great North i f I ng- land, 229; Liverpool, Manchester, and Newcastle Junction, 2*; London and North-western, 2054; London and South-western, New, 26; New Midland, 374. SATURDAY, Two ovtocs.

In the English Market the only alteration is in Exchequer Bills, which are a shade lower. Consols for Money are at 964 4; Ditto, for Account, 96a 4; Three per Cents Reduced, 964 a: Three-and-a-quarter per Cents, 98a a; Long Am M- ties, 1014; Bank Stock, 209 210; Exchequer Bills, 15 20; India Stock, 259 261. In Foreign Stocks there has been scarcely anything doing. Brazilian 88 90; Bel- gian, 97 9; Chilian, 101 3; Danish, 88 90; Dutch Two-and-a-half per Cents, 594 60; Ditto, Four per Cents, 944 5; Mexican, 26 *; New Grenada, 21 4; Poe.- taguese, Five per Cents, 47 9; Ditto, Four per Cents, 46 8; Russian, 1104 114; Spanish Active, 27fi 4; Ditto, Three per Cents, 39 4; Venezuela, 424 34. In Railway Shares the Markets have not been brisk. Ambergate, Notts, and Boston, 21; Birmingham and Gloucester, 130; Bristol and Exeter, 864; Caledonian, 16 154; Ditto, Half shares, 14 a; Eastern Counties, 22a; Ditto, New, 74 premium; Ditto, York Extension, 214; Great Southern and Western, (Ireland,) 304: Great Western, 147; Lancaster and Carlisle, New, 10a; London and North-western, 2054 4; Ditto, Quarters, 24 3; London and Brighton, 634 h; London and &mat- western, 71* 1 2 ex. die.; Midland, 139 404; Ditto, New, 374; South-eastern and Dover, 43a 4; Ditto, sew, No. 2, 17; Boulogne and Amiens,1354; Great Northern of France, Constituted, 134; Luxembourg, la; Namur and Liege, 21; Paris and Lyons, Constituted, 6h; Rouen and Havre, 28.

3 per Cent Consols

961 i

Danish 3 per Cents 88 90 Ditto for Account

96i 4 Dutch 24 per Cents

594 60 3 per Cent Reduced 96k 11 Ditto 4 per Cents 944 5 34 per Cents

r0,1 1

Mexican 5 per Cents...1846 26t

sous Annuities

New Grenada 214 Bank Stock 209 210 Portuguese New 5 p. Cts. 1841

47 9

Exchequer Bills prem. 17 20 Ditto 4 per Cents 1845 .... 4G 48 India Stock 259 261 Russian 5 per Cents

1104 111

Brazilian 5 per Cents 88 90 Spanish (Active) 5 perCents 274 i Belgian 44 per Cents 97 9 Ditto 3 per Cents 1842 391 Chilian 6 per Cents 101 3

Venezuela

424 34 Columbian ex Venezuela... 15 16