MONEY MARKET.

STOCK EXCHANGE, FRIDAT AFTERNOON.

The aspect of the market has been the same as for many weeks; a decided ten- dency upwards being observable. The settlement of the Consol Account occur- red on Tuesday, and was only remarkable for the scarcity of stock; Consols for February account being, at one period of the day, to be bought as cheaply as for money. A supply has since been thrown upon the market, and the price for ac- count has been from 1-16th to ith higher than that for money. In the course of yesterday Consols reached 904; thus marking a rise of 4 per cent since Satur- day. During yesterday afternoon and this morning, as the sellers predominated, the price fell to 894; and, after fluctuating between that quotation and 90 during this afternoon, 894 may be quoted as the closing price for money and the ac- count.

Money is very abundant by way of loan upon the security of English Stock; but the speculation that has arisen in the Non-dividend Stocks, both South American and others, has caused a demand for it in the Foreign Market, and rates of interest varying from 4 or 5 per cent upwards are easily obtainable. The business transacted in Mexican and the South American Bonds has been ex- tensive; but except in the case of the former stock, which has risen from 4 to 1 per cent, no material improvement of price has occurred. Speculation has, how- ever, given value to another stock, which has been long in abeyance—the Bonds of the Greek Loans of 1824 and 1825. These Bonds, upon which there is an arrear of dividend of twenty-three years, had fallen quite into oblivion, and were as low as 24 or 3 per cent. Yesterday morning 44 was given for them, and. in, the course of the day the price reached 64: about 20,0001. were purchased between the extreme quotations. No business has occurred in them today., and the nominal price is 5 to 6. The Northern European and Dutch Bonds are almost entirely neglected. Spanish Stock continues to improve, though the busi- ness transacted has been unimportant.

The business of the Share Market has not been extensive, but almost every current variety is higher than it was last week. The rise in the more important Shares has been from 3/. to 4/.; in the smaller ones, from 11. to 21.: Eastern Counties are about 5s. higher. There seems a disposition for speculative invest- ment in the French Shares, which have been for the last day or two in trifling demand at rather improved rates. Many of these Shares are now only mire- sentatives of a certain portion of French Stock; and in buying them the pur- chaser in reality bays a given quantity of Five per Cent Rente. As the Shares are more readily dealt in than French Stock, and are moreover not directly affected by the fluctuations of the exchange between London and Paris, they are in some respects preferable as objects of speculation to parties anxious to operate in the French Funds.

The accounts of the Bank of England for the week ending the 13th January exhibit, when compired with those of the preceding week, the following results— BANKING DEPARTMENT. Increase. Decrease.

Rest - £57,446

Pcblic Deposits

£4,450,761 Other Deposits 3,039,469

Seven-day and other Bills 70,155

Government Securities, including Dead-weight 22,357

Other Securities

200,710 Notes unissued

1,060,615 Actual Circulation 1,024,125

.18817E DEPARTMENT

Notes issued Bullion Total Bullion in both Departments 14,943,589 15,024,802 Actual Circulation 18,273,815 17,249,690

SATURDAY, TWELVE O'CLOCK.

The English Funds are rather better, Consols being done both for Money and Account at 90, and the present price being 894 90. The Foreign Funds are gene- rally at yesterday's quotations. The transactions in Railway Shares have as yet been unimportant, and confined to the following: Bristol and Exeter, Thirds, 19; Eastern Counties, 114; Great Northern, 84; Lancashire and Yorkshire, Thirds, Registered, 54.

a per Cent Consols 89; 90

Danish 3 per Cents

66 69 Ditto for Account 891 90 Dutch 24 per Cents

491 4

3 per Cent Reduced

521 i

Ditto 4 per Cents 774 84 31 per Cents

301 1

Mexican 5 per Cents 1846 . • • 264 4 Long Annuities 81 New Granada 161 Bank Stock 189 191 PortugueseN.4 perCents 1842 264 274 Exchequer Bills 43 46 prom Portuguese Old 1824 71 3 India Stock

Russian 5 per Cents 103 5 BrazWan 5 per Cents 77 9 Spanish (Active) Spec Cents

15; 16

Belgian 41 per Cents 77 9 Ditto 3 per Cents 1842 281 9 Buenos Ayres 26 8 Venezuela 19 20

Chllian 6 per Cents

903

36,490 81,213

This week. Last week.