THE MONEY MARKET.

STOCK EXCHANGE, SATURDAY MORNING, HALF-PAST TEN O'CLOCK.—The aspect of affairs here has changed materially since our last report ; and there have been considerable transactions, not only in the English Funds, but also in many of the Foreign Bonds, which have materially benefited by the re- vival of the long dormant spirit of speculation.

At the close of the Consol Market on this day week, the price was 89 to 89k, and business was done at the same rate at the opening on Monday morning. But upon news of the armistice in Turkey, the price suddenly advanced to 894 to 1, and afterwards to 894 to 2 before the end of the day. On the fol- lowing morning, either a disposition to realize profits, or some distrust of the news, led to considerable sales, and the price fell to nearly 892; but from thence it has since risen, and has been very steady at 89i, until the close yes- terday. This morning the first price was 892 buyers, but it is now a little lower, say to 2.

With respect to this advance, our opinion is that it is merely an antici- pation by the speculators of the effect which a peace in the East is expected to have on the public mind. The public have not yet begun to buy, at least not considerably ; and if they do not soon begin, it may be safely predicted that the present buyers will soon become the sellers of Stock. It is also to be considered that the armistice by no means concludes the question as to Turkey, and any difficulties in the negotiation, any " untoward event" there, would effectually spoil the speculation.

In proof of the fact that the public are not yet buyers, we may adduce the price of the heavy Stocks, viz. New 4 per Cents, which were all last week at 1022 to 4, and now only 103, after a rise of 4 per cent. in Consols. On the other hand, money although more in demand is still sufficiently abundant, and Exchequer Bills are as high as 72 prem.

In the Foreign Market there has been considerable speculation, not only in the Continental Bonds, but also in some of the poor defunct South Americans, which begin to stir a little.

Russian has been done at 1011; Danish at 71 ; Prussian at 104-1. Brazil Bonds have advanced materially, viz. to 621; Portuguese to 44 ; and some sanguine persons, who expect every thing to go on smoothly, have been giving 19 and upwards for Greek Bonds. Upon some rumour of a small remittance from Chili the Bonds have risen above 20 ; and Peruvian have risen a little from mere sympathy : Spanish alone is neglected at 8.

All the purchases we consider to have been the consequence of the rise in Consols ; and they will most assuredly follow the fate of Consols for better or for worse.

In the Share Market there is nothing material to report.

ONE o'CLocK.—The Consol Market is better; but there is no great business doing-84 to 78. BRITISH FUNDS.

Bank Stock

3 per Cent. Reduced, 3 per Cent. Consols, 894 34 per Cent. 1818, 34 per Cent. Reduced, New 4 per Cents. 1822, 103

4 per Cents. 1826, Long Annuities, (which expire 5th Jan. 1860) India Stock, div. 104 per Cent. 221 2 South Sea Stock, div. 34 per Cent.

India Bonds, (4 per Cent. until March, 1829, thereafter3 per Cent.) Exchequer Bills, (interest 2d. per cent. per diem,) 71 72

Consols for Account 894

FOREIGN FUNDS.

Austrian Bonds, 5 per cent. Brazilian Bonds, .5 per cent. 63 Buenos Ayres, 6 per Cent. 22 24 ChiIlan, 6 per Cent. 20 22 -Colombian, 164 164 Ditto, 1824, 6 per Cent. Danish, 3 per Cent. 704 714 French 5 per Cents. Ditto 3 per Cents. Greek 5 per Cent. 18 19 Mexican, 6 per Cent. 18 184 Neapolitan,5 per Cent. Peruvian, 6 per Cent. 94 104 Portuguese, 5 per Cent. 454 451 Prussian, 1004 1014 Russian, 1004 1014 Spanish, 8 84

SHARES.,

Anglo-Mexican, 24!. 25/. Brazilian, Imperial, 72!. 741. Real del Monte, 651. 701. Bolanos, 3201. 340/. Colombian, 41. 51.

United Mexican, 12/. 131.