MONEY MARKET.

SATVEDAY, TWELVE O'CLOCK.

We have no change or business ofimportance to report either in the English or Foreign Funds; which are at yesterday s prices.

The transactions in Railway Shares have as yet been confined to the following; the various markets may be considered heavy at the current quotations: Cale- donian, 10 4; Cambridge and Lincoln, 71 7; Eastern Counties, New, 4; Great North of England, New, 4; Midland, New Shares, 20h 1; North British, 20; South-eastern and Dover, New, No. 3, 7; Dijon and Mulhouse, 2; Louvain and Jemeppe, ; Paris and Lyons, (Ganneron's,) 2f; Paris and Rouen, 42*; North of Spain, 21; Sambre and Meuse, l0 11; Paris and Strasburg, (Hainguerlot,) 2. SATIALDAY, Two o'cLocw.

The English Funds close at the morning's quotations. The only change in the Foreign Market is in Spanish Stock, both varieties of which are lower. Several sales bare occurred, a report being prevalent that a Carlist insurrection has broken out in Arragon. The English Shares are generally firmer; but the French are heavy at current prices.

The following bargains have occurred since the morning: Armagh, Port Rush, and Coleraine 2; Birmingham and Gloucester, 135; Ditto, New, 831; Binning ham and Oxford Junction, 31; Chester and Holyhead, 15i 16; Chumet Valley, 6;- Coventry and Leicester, 11; Cornwall, 44; Dublin and Belfast Extension 101; Eastern Counties, 171 18A; Eastern Union, Extension; 2; Great North Extension, 2242 1; Ditto, New, 5611; Great Western, 1867k; Hull and Selby, 1071; Birmingham, 240 238/1 Ditto' Quarter-shares, 34; Brighton, 631 4; Croydon, 18h 1; South-western, 79ir 9; Ditto, New, 13; London and York, 4I h; Man- chester and Leeds, 154; Midland, 171 170; South Wales, 4; Birmingham and Derby, 182 2; Newcastle and Berwick, 13 16* 14; North British, 20 19h

STOCK EXCHANGE. FRIDAY ANSEENOON.

The English Funds are without material change, or the occurrence of any business of importance. The market may be considered firm at the existing quo- tations, with an upward tendency: the closing quotations of this afternoon are. within n per cent of the highest of the week. There has not been quite such a demand for money in the Stock Exchange: the rate of conunercial discount is unaltered. We have to notice a slight advance in the premium of Exchequer Bills. Bank Stock has also risen; and is today quoted at 211, being 2 per cent higher- than the lowest price of last week. Nothing worthy of notice has occurred in the Foreign Market. Sonic fluctua- tion has taken taken place in Spanish Stock, but without any extensive transac- tions: the Passive Stock has given way slightly. In Railway Shares, the business has not been of the usual extensive character, and speculation seems to a certain extent at a stand; though new schemes are continually put forth. Another impulse was given to the French Shares gene- rally by the occurrence of a large and influential purchase in both Ganneron's and Lafitte's Paris and Lyons lines; but as more than, one large holder appears to have taken advantage of the improvement to get out, the price of both these varieties of shares is within a little of our closing quotations ot last week. A new company has been formed to compete for the line from Paris to Strasburg., in opposition to the existing one formed last year by M. Ganneron. The allotment of shares occurred on Tuesday; and the puce is about the same as that of the old company, viz, from to 1 premium. Apart from the local circumstances operating upon particular lines, such as the chance of suc- cess or failure in the approaching competition, speculation in the French Shares must receive a decided check if the terms of competition are to be such as the Chamber of Deputies seem at present inclined to grant. Our readers may remember, that the competition for these railways re confined to determining the term of lease; and the "concession," as it is called, is ad- judged to that company which agrees to take the line on lease for the shortest term. The lease of Paris and Orleans, Paris and Rouen, and some of the earlier railways, was for ninety-nine years; that of the Orleans, Tours, and Bordeaux, is for twenty-nine years; the e Ministerial maximum of lease having been declared to be thirty-five years. In passing the bill for the concession and construction of the Great Northern Railway of trance, the Committee of the Chamber deter- mined the maximum of lease at twenty-five years. Upon bringing up the report, however, the Minister succeeded in obtaining an extension of the maximum to forty-one years. The spirit of the Chamber appears evidently to be in favour of hard bargains. Thus, on the Boulogne and Amiens line' the Committee have forced upon the "concessionaires" (whoever they may be) the making a useless branch, which will add materially to the cost of the undertaking, and return but little profit. It is no surprise, therefore, that we should not have to report any great improvement in the French Railway Shares. Ditto, New, 4f ; Norwich, Direct, 1; Norwich and Brandon, 18f ; Ditto, New, 41; 'Front ;Valley, 26 i; West Yorkshire, 21; Yarmouth and Norwich, 271; York, North: Midland, and Selby, 691; Ditto, Extension, 171; Boulogne and Amiens, 91i; Bordeaux, Toulouse, and Cette, 2/ 3; Great North of France, (Rosamers,) 21; Louvain and Jemappe, 3i; Orleans and Bordeaux, 111: Provincial Bank of Ireland, 521.

15* 1 89 90 63* 1 991 361 7* 17i i 67 8 118 119 301 1 411 2 3 per Cent Consols

991 f Colombian ex Venezuela ...

Ditto for Account

991 i Danish 3 per Cents.ex. div.

3 per Cent Reduced ..... 98* 1 Dutch 2* per Cents 3* per Cents

101* 1 Ditto 5 per Cents Long Annuities

III 5-16 Ditto 4 per Cents Bank Stock

210* * Mexican 5 per Cents Exchequer BMA Prem. 58 60 Ditto Deferred India Stock

279 80 Portuguese New 5 p. Cts. 1841 Brazilian 5 per Cents

89 90 Russian 5 per Cents Belgian 4* per Cents

99 I Spanish (Active) 5 per Cents Chtnan 6 per Cents

98 100 Ditto 3 per Cents 1842