MONEY MARKET.

STOCK EXCHANGE, FRIDAY Arrraisoos.

The course of the fluctuations of the English Stock Market has been nearly similar to what was described in our last report : Consols have fluctuated be- tween 951 and 941, closing this afternoon at 941 95 for Money, while for Account the price is 95k. A considerable amount of Stock is still pressing upon the market ; and though a gradual absorption is in progress by the oTeration of small investments,. the process is slow. Reduced ° Three per Cents have unproved in value in a comparatively greater degree than the -other descriptions of Stock. Some little time ago, the prices of the first- =mod Stock and Consols were the same, although I per cent more dividend -was due upon the former than upon the latter : since the purchases on ac- count of the Sinking-fund have been resumed, they have been entirely con- fined to Reduced Three per Cent Stock. This Stock is consequently gradu- ally becoming marketable at a price more near its real value, and is now skid f per cent higher than Three per Cent Consols. On the other hand, Three-and-a-quarter per Cents are not so much in demand, and have fallen slightly in value of late as compared with Consols. , Money continues abun- dint, and is easily obtained upon the security of English Stock at rates of interest varying from 2 to 21 per cent the annum.

The transactions of importance in the Foreign Market have been almost entirely confined to Peruvian Bonds ; which experienced a very considerable decline, the Active Stook having today been as low as 731, and the Deferred at 32, closing this afternoon at 73 74 for Active and 31 to 32 for the De- ferred Stock. This decline is the natural result of the heedless speculation which has for some time been carried on. The real holders have been induced to sell their Stock, in consequence of sudden rise of price occasioned by spe- culative purchases. The difficulty of the speculators to find money to pay for the Stock thus thrown upon the market has been so great, that upon the settlement of the Foreign Account yesterday, interest at the rate of from 15 to 30 per cent per annum was paid for loans upon Peruvian Bonds. Mexican Bonds have continued nearly at our last prices, without much busi- ness. Portuguese Bonds are also rather lower. Spanish Stock of all varieties is without variation, and appears entirely neglected. The Dutch, Danish, Russian, and other Northern European Stocks, are without material fluctua- tion or large business. Dividends become payable today upon the Danish and Russian Five per Cents. The Scrip of the Russian Four-and-a-half per Cent Loan has fluctuated between lf and 2 premium, and is today about 1/ premium. Some transactions have occurred in the Bonds of this loan at 941; which, allowance being made for the discount, is equal to a premium of 21 per cent for the Scrip. The Railway Shares have been heavy during the week ; but today they are rather firmer, and, allowance being made for the Dividends just paid, the prices of the principal Shares are this afternoon nearly the same as last week. Midland are a little lower. Great Northern have also declined, and are heavy, in consequence of a call of 21. being now payable. These Shares, upon which 201. was then paid, were done on Saturday at 61 or 131 discount ; to- day, with 221. paid, they have been done at 71, or 141 discount. The trans- actions in the Foreign Shares have been unimportant.

SATVIDAY TWELVE O'CLOCK.

The French Funds closed rather lower in Paris yesterday ; the last price of the Five per Cents being 94.90, and the Three per Cents 57.20. Consols are heavier, in the almost total absence of business; the price both for Money and Account being 941 ps. The only business in the Foreign Market is in Peruvian Bonds, which are rather firmer than yesterday. The Share Market is rather better ; the-following are the principal bargains recorded— Caledonian, 111; Ditto Preference, 74; Great Western New 17/., 71; North western, 103 ; Midland 50/., 5; South.-easterp, 174; York, Newcastle, and Berwick, 131; Ditto New, 81; Great North of England Purchase, 11; York and North Midland, 171 17.

SATURDAY Two o'Clocx.

The English Funds close rather firmer, in the almost total absence of busi- ness; the price of Consols for Money and Account being 951. In the Fo- reign Market, Peruvian Bonds have been very largely dealt in, and a con- siderable depression has occurred ; the Active Stock, after being at 711, closing at 71 to 72, and the Deferred, after being at 301, closing at 31 to 32. Some rather large business has occurred in Russian Four-and-a-half per Cent Scrip, which was as low as lf premium ; but two influential brokers were buyers at the depression, and the price closes at 11 4 premium. Shires are generally slightly firmer. The following are the principal bargains recorded : Foreign Bonds=-Brazilian, 89k; Small, 89; Buenos Ayres, 52; Equador, 31 ; Grenada Deferred, 4; Mexican for Account, 291 ; Peruvian, 731 2f 11 73; Ditto Deferred, 311 4 32 301 324; Portuguese Four per Cents, 321 f ; Russian Scrip, 14j; Spanish Active, 171 ; Ditto Passive, 31; Ditto Three per Cents, 361; Dutch Four per Cents, 86/. Railways—Bristol and Exeter, 62; Caledonian, 111 1; Ditto Preference, 711; Eastern Counties, 71 1; Edinburgh and Glasgow, 27; Great North- ern, 74 I; Great Western, 561 71 7; Ditto Half-shares, 284; Ditto Quarter- shares, 181; Ditto Fifths, 114; Ditto New 171., 74; Lancashire and York- shire Fifths, 11 2; London, Brighton, and South Coast, 781- 9 8; Ditto Guaranteed 5 per Cents, late Croydon Thirds, 164; London and North-west- ern, 1031 24 31 ex div. ; Ditto Fifths, 11/ 12; Midland, 3984 f ex div. ; Ditto 501. Sham:, 54; North British, 94; North Staffordshire, 61; South- eastern and Dover, 174 4; York and North Midland, 17 Bordeaux, 3 21 3; Paris and

3 per Cent Consols

Ditto for Account 95 I

3 per Cent Reduced 95 31 per Cents 97

Long Annuities 8 L 4

Bank Stock — Exchequer Bills 54 7 pm

India Stock 2671 Brazilian 5 per Cents se §o Belgian 41 per Cents 89 91

Chilian 6 per Cents 99 101 Danish 5 per Cents 96 8 ex d.

York, Newcastle, and Berwick, 134 1 / I ; 4j74; Boulogne and Amiens, 61; Orleans and Rouen, 211.

as Danish 3 per Cents 70 72

Dutch 21 per Cents 541 54 Ditto 4 per Cents 86 1 Mexican 5 per Cents 1846 291 1 Peruvian 6 per Cents ' 70 72

Portuguese 4 per Cents 1842 311 21

Portuguese 5 per Cents 1824 81 $ Russian 5 per Cents 106 108 ex d. Spanish (Active) 5 per Cents. 171 18

Ditto 3 per Cents 184.5 36 4

Venezuela 31 3