MONEY MARKET.

STOCK EXCHANGE, FEMME ArnearmoN.

The English Funds have received a shake, in consequence of the an- nouncement that the surplus revenue for the year ending the 5th April last would be almost entirely applied to the purchase of Exchequer Bills, and but a very minute portion expended in the purchase of Stock. The purchase of the Exchequer Bills referred to will not be effected in the Stock Ex- change, as the Bank already hold a large amount of these securities, under the name of Deficiency Bills, pledged by the Government as security for pe- cuniary advances. The surplus will consequently be handed over to the Bank Directors, in partial eaneelment of the debt incurred. Consols fell to

100 upon the first intimation given of this arrangement ; but the price has improved mproved again, and, after fluctuating between 100 and 100a, has this afternoon risen to 100t, closing at 100a t. The payment of the dividends has rendered money more easy, and the rate of discount is from 1 to 2 per cent. Money has been more in demand in the Stock Exchange, and there appears to be less demand for Stock for investment than is generally ob- servable at this and the corresponding periods of the year.

The business of the Foreign Market has been unimportant, and prices generally are without any material change. The Northern European Divi- dend-paying Stocks still continue scarce. The business in Austrian Scrip was of a very limited character ; but a purchase of 40,0001. on French ac- count today, at 4t premium, has imparted firmness to the market. The Portuguese Bonds are not quite so firm ; but the transactions in them haye been quite insignificant. Spanish of all varieties is higher. The delay in the arrival of the Mexican mail, which has been over-due for three days, has put a stop to almost all operations in that Stock; which is rather heavier than last week. The South American Stocks are also generally not quite so firm ; but there has been so little business doing as scarcely to afford the means of forming an opinion of the state of the market.

Railway Shares all fell with the English Funds; and improved with them. Today the demand has been greater, and an advance of about 1/. has occurred in the North-western and some of the principal lines. The business in French Shares has been Iimited : there is no change in the state of the mar- ket; shares are still scarce, and prices consequently well supported.

The English Funds opened at an advance of aallArVpOrAjheT•ABLOSIIIIVIg0.pCwciEriees-or yesterday ; the first price of Consols being 1001 a. The market has since

continued steady at the opening quotations, with but little doing. The Fo- reign I'unds are all nominally at slightly improvedquotations; the business I in them has as yet been unimportant. The Share Market is much firmer. North-western have been done at 1311-an advance of nearly 1/. upon yes- terday's prices. There is also a general demand for almost every other de- scription of share, The French Market is firm, with but little doing.

SATURDAY Two o'Ctoex.

A purchase of 50,0001. Consols for Account has given firmness to the market ; and, after being 1001 for Money, the closing price of Consols is 1001 both for Money and Account. The above is the only transaction of importance during the morning. No tidings of the arrival of the Mex- ican mail had been received at the close of business. In the Foreign Market, prices are without material change, but Stock is generally ra- ther more in demand, The following are the principal bargains-Austrian Scrip, 4a prem. ; Danish Three per Cents, 83; Equador, 4ili; Mexican Three per Cents, 26/ ; Portuguese Four per Cents 1842, 39; Russian Four- and-a-half per Cents, 1031; Sardinian Five per Cents, 941; Spanish Passive, 6; Spanish Deferred Three per Cents, 22k ; Austrian Five per Cents 1824, S3; Dutch Two-and-a-half per Cents, 631; Dutch Four per Cents, 97k. The Share Market is very firm, some of the more important Shares having risen more than 1/. since yesterday. The following are the principal bar- gains-Aberdeen, 29k; Ambergate, Notts, and Boston, 64; Caledonian, 45 q; Eastern Counties, 101 ; Eastern Union, Class A late E. U. Shares, 71; East Lancashire, 204 204; Edinburgh and Glasgow, 68 7; Great Northern, 91 904; Ditto Ralf-shares A deferred, 53; Ditto Half-shares B 6 per Cent, 128 7 ; Great Southern and Western, (Ireland,) 45; Great Western, 1001 14; Lancashire and Yorkshire, 851 61 51 6k; Ditto Fifths, 101 1 ; London and Blackwell, 81 ; London, Brighton, and South Coast, 1081 1 8; Lon- don and North-western, 1311 21; Ditto New Quarter-shares, 324; Ditto Fifths, 17'; Ditto 10/. Shares, M. and B. C., 31; London and South-west- ern, 991841 91; Midland, 764 7 61 771 ; Norfolk, 424; North British, 351 5 6; North Staffordshire, 111; Oxford, Worcester, and Wolverhampton, 221 3 ; South Devon, 191; South-eastern, 731 4-1; South Wales, 371; York, Newcastle, and Berwick, 76; Ditto Extension, 14; Ditto G. N. E. Purchase or Preference, 71 8 74; York and North Midland, 531 4 31 54; Bucking- hamshire, 194; London and Greenwich, 131; Eastern Counties Extension 5 per Cent, No. 2, 11 prem.; North British, 110 111; Boulogne and Amiens, 131; Namur and Liege, 7; Paris and Orleans, 341; West Flanders, 34.

8 per Cent Consols Ditto for Account 3 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

100 100 101 4 104 61 5-16 22.51 61 69 79 pm. 274 6 100 2 95 7 105 7 106 8 Danish 3 per Cents Dutch 24 per Cents Ditto 4 per Cents Mexican 5 per Cents Ditto 3 per Cents Peruvian 6 per Cents Portuguese 5 per Cents1824 Russian 5 per Cents Ditto 4/ per Cents Spanish 3 per Cents Ditto Deferred Sardinian 5 per Cents

80 2 63

961 71 331 1041 1051 100 1 117 119 1021 31 49

224

944 i