MONEY MARKET.

STOCK EXCHANGE, FRIDAY AFTERNOON.

A decided change for the better has occurred both in the Stack and Share Mar- kets. The prices of the English Funds have been improving all the week; and today Consols were done as high as 85i both for Money and the Account; thus marking an advance of about 14 per cent from the lowest recent quotations. Bank Stock has run up to 187, being an advance of about 3 per cent; and India has risen to 236. The cause of this upward movement is to be found in the con- tinued plenty of money, which is not worth more than 2 per cent upon first-rate bills or loans for short periods; and perhaps in the more peaceable aspect of Con- tinental politics. Stock of all descriptions continues very scarce, though the re- cent rise has brought some considerable quantities to market. In the course of the day, the English Funds went back about per cent; and though they after- wards improved to within A per cent of the highest, the last price was 854 Mexican Stock has been the chief object of attraction in the Foreign Market. By the Trent steamer, the arrival of which was known yesterday, only 30,000 dollars were received on account of the dividends; and much disappointment was expressed by those interested in this stock at the smallness of the remittance. It soon transpired that nearly 50,000 more would be speedily remitted; and with the promulgation of this latter piece of intelligence an improvement in the price of the Bonds occurred: this upward movement has continued today, in the course of which the quotation has reached 281; a slight reaction afterwards occurred, and the last quotation is 20i 4. The Northern European Bonds are firmer, in conse- quence of the improvement in the English Stock Market; as are the Portuguese, and most of the Non-dividend Stocks. Spanish Bonds of all varieties continue de- pressed. The improvement in the Share Market has been of a very decided character.. The financial statement of the Brighton Directors to which we alluded in part ot our last impression, appears to have given rise to Other communications of a simi- lar character; the most important of which is a letter from Mr. Hudson, the Chair- man of the Midland and several other Railway Companies. Mr. Hudson avails himself of the opportunity afforded by a letter of remonstrance addressed to him from some of the shareholders of the Midland Company residing at Liverpool, to address both advice and rebuke to the remonstranta in particular and to the Railway public in general. The two important circumstances noticed by him are the maintenance of the traffic-returns in the face of the present depressed condition of every other interest in the country, and the small number of transfers passing through the various offices. From the former be infers the solid nature of railway property; and he is naturally led by the lat- ter to conclude that most of the sales now made are of a speculative character. The publication of this letter had a very marked effect upon the Share Market- Midland Shares, which had on Wednesday advanced between IL and 51., rose yes' terday about 31. more, and today have again advanced between 21. and 3/.; taking the week's operations, the rise in Midland has been about 101.—namely from 64 to 74. In North-western the advance has been nearly to the same extent—namely, from 991 109. On Monday and Tuesday, this latter stock was frequently done as low as 991, being ten shillings discount per share,—the lowest price to which it has declined since the Lords' rejection of the first bill for the construction of the line, when the scrip fell to a discount. The advance on Great Western has not been quite so great—rather more than 81. from the lowest quotation. The lesser varieties have improved generally from about 11. to 3/.; and, whether for the purpose of closing speculative accounts, or that of investment, there certainly is a much greater disposition to purchase Railway Shares than has been observable for some time.

The accounts of the Bank of England for the week ending the 21st October exhibit, when compared with those of the preceding week, the following results—.

BASKIN.; DEPARTMENT.

Rest Increase.

£3,919 &avant.

Public Deposits

£1,134,476 Other Deposits

14,103 Seven-day and other Bills

22,179 Government Securities, including Dead-weight

444,993 Other Securities

355,040 Notes unissued

372,820 Actual Circulation 226,205

Issns DEPARTMENT. •

SATURDAY, TWELVE O'CLOCK.

The English Funds are rather firmer. The first price of Consols was 854 both for Money and Account; but sellers predominating, the quotation receded to 854, and is now 851 4. There is no change in the Foreign Funds. The Railway Share Market is in a very agitated state; there is an evident disposition to buy the principal Shares, but no sellers. As might have been expected, the North- western Shares are the chief attraction: at the opening of the market 109 was freely offered for them, and one bargain has occurred, as we are informed, at 112, although -no quotation of them appears in the official list. Midland are in demand at 75, and the minor Shares are eagerly sought for at advanced quotations as compared with yesterday's. The following are the only bargains as yet recorded: Birmingham, Wolverhampton, and Dudley, 13; Buckingham, 31; Eastern Counties, 121 44; Great Northern, 843; Ditto, Half-shares, A Deferred, 34; Brighton, 2744; North Staffordshire, 84 7481 3 per Cent Consols 8514 Danish 3 per Cents

66 8 Ditto for Account 851 f Dutch 2} per Cents 44 5 3 per Cent Reduced 84 f Ditto 4 per Cents 68 9 34 per Cents sal 4 Mexican 5 per Cents 1846...

201 f

Long Annuities 81,7-16 New Granada 12 13 Bank Stock lgi Portuguese N.4 perCents 1842 23 4 Exchequer Ellis 36 42 Prem. Portuguese Old 1824 66 9 India Stock 233 37 Russian 5 per Cents 99 100 Brazilian 5 per Cents 71 3 Spanish (Active) 5 per Cents 101 11 Belgian 41 per Cents 70 2 Ditto 3 per Cents 1842 22 I Buenos Ayres 20 2 Venezuela 14 16

-Chill= 6 per Cents

824

Notes issued Bullion

This meek.

Total Bullion In both Departments 13,162,976 Actual Circulation 18,559,965

146,615 96,243 Last treek. 13,2.59,219 18,353,760