MONEY MARKET.

STUCK EXCHANOR, FRIDAY AFTERNOON.

The closing of the books of the various Stocks whose Dividends become doe in January, which has occurred during the week, was not productive of any material alteration in the prices of those Securities; although on previous similar occasions, the depression or improvement in the prices as the amount of floating stock on the market has happened to have been large or small, has frequently been considerable. The appearance of the Money Market is, however, heavy; caused by the uncertain state of the relations between France and America, a feeling of the instability of the existing Administration at home, and a dread that the contest now going on in Spain may issue in the general involvement of

the Great Powers.) rope in a war. Money, however, still continaese asv.

In the Foreign Market, Spanish Stock has fluctuated materially. In the early part of the week, the favourable intelligence received from Madrid, and the firm appearance of the market in Paris, induced several considerable pur- chases; and an improvement of 11 per cent. upon the closing price of Saturday was produced. Since that, however, the French market has given way ; and the effect of its decline has been to produce a depression here of more than 3 per cent. : a reaction of 1 per cent. has since occurred, arid the price for the last two days has oscillated between 44 and 45. It is also understood that Canitos has succeeded in commencing negotiations for raising a Loan, and that some of the Carlist; bankers at Paris are concerned in the undertaking ; the difficulties of the enterprise being smoothed by the guarantee of sonic of the Despotic Powers. Means will thus be afforded him for prolonging a struggle which, without such appliance, must be considered hopeless; and though the chance of his ultimate success must be very remote, this transaction opens it new source of embarrassment and difficulty to the Spanish Government. So sensible is M. Me:stint, BA L of this, that, as we are informed, instructions have I en received by the military agents of the Queen's Government to increase the amount of the English auxiliary force four thousand men. The Portuguese Securities have declined about 11 per cent.; and the de- pression would have been carried much further, hut for the belief that the pre- sent Administration will not be able to maintain itself, and that the speedy re- establishment of g A LOA S it A mid his colleagues may be expected. The South American Securities continue in a languid state, and the trans- actions have been few and unimportant. The Railway Shares are nearly at last week's quotations. The Mining Shares are heavy; Real Del Monte having fillen back the whole of the recent advance. A bargain was yesterday effected in the Anglo Mexican at 5/. ; which is lower than they have ever yet been quoted. SATURDAY, Twzr.vr o'CLocz.

The fall of the French Funds, coupled with the warlike preparations now going on in the ports of France, have caused a decline in the price of Consols, which are 914. In the Foreign Market, Spanish Stock has experienced a fur- ther depression, and is now 421 3. The Portuguese Securities are not affected in a like degree, the prices being the same as yesterday. The decline in Consols has operated unfavourably upon Dutch Stock, the price of which is i per cent, lower than yesterday. South American Securities and Mining Shares are without variation, at yesterday's prices ; as are also the Railway Shares, as will be seen by the following quotations,—Blackwall 11 prem., Brighton 21 3 'seem., Birmingham 46 48 prem. Greenwich 5i 6, Great Western 6i 7, North Midland 4 2.

SATURDAY. FOUR O'CLOCK.

The Consol Market closes a higher than it was in the morning ; viz. 914 I. In the Foreign Market, Spanish Stock has recovered in a slight degree from tile depression under which it has laboured during the afternoon ; and closes at 434 44. Portuguese Bonds are also quoted at an improvement ; the last price of the Five per Cents. being 8:34 84, and that of the Three per Cents. 841. The European Continental Stocks, South American Stocks, Railway and Mining Shares, close at the morning's prices.

8 eer Cent. Consols — Mitch 21 per Cents . 541 I Ditto for Aecount 91} Frenelt 3 per Cents

New 34 per Cent. Annuities

— Greek. 1&i3.5 per Cents

— Bank Stock...

— Mes'ea116 per Cents

364 374

Exchequer Bills

13 I5pm.

Portuguese 3 per Cents 531 544 Omnium — Do. Regency 5 per Cent 834 84 Belgian Slier Cents..ex.div 991 1004 Russian, 1822, 5 per Cent 1084 Brazilian 5 per Cents. 83 30 j Spanish. 1835. 5 per Cent.. —

Danish 3 per Cents

764 Ditto 1834 431 1