THE MONEY MARKET.

STOCK ExcKANor, FrtioaT EvEtaixd.—The scarcity of money which was noticed in our last report, has again been severely felt this week ; and, although rather abated at the moment of our writing, is still, we apprehend, very far from being at an end. It has now extended to the Stock Market, where it had previously been but little felt ; and it is to this circumstance we must attribute the fluctuations which have occurred in the value of the Funds this week, and not to any political cause.

In corroboration of this view of the case, we have in the first place to adduce the difference between the money and the credit price of Consols, which, in the early part of the week, was nearly three-eighths per cent. and is still 4 per cent. In the next place, the heavy Stocks, in which there are seldom any speculative bargains, have kept almost exact pace with Consols; and, lastly, the price of Exchequer Bills, perhaps the best criterion of the supply of money, led or followed that of Consols.

It is no doubt to be supposed that the approaching discussion of the Catholic question, and the various contradictory rumours which were circulated on the subject, must have had some effect early in the week; but the main cause in operation, we are convinced, was the scarcity of money. And in this opinion we are further borne out by the very slight effect (or rather no effect) produced by Mr. Peel's speech, at the opening of the market this morning.

Respecting this scarcity of money, opinions are extremely various— some attributing it to the distrust excited by recent failures in Glasgow ; others to the state of the corn trade ; others, again, to the narrowing of the means of the country bankers, by the calling in of their small notes ; and not a few to the present rather peculiar state of banking in London. The truth most probably is, that all these causes are working together to the same end. But as the difficulty has for some time been foreseen, we hope it will not be attended with the disastrous effects which have formerly occurred ; and as it is already somewhat alleviated, we trust it may continue to subside gradually, although we are far from being so sanguine on this point as some of our cotemporaries.

The first price of Consols for the account, on Monday, was 8Th; and by Wednesday it had fallen to 851. On Thursday the fluctuations were frequent and violent, the prices being from 88i to -a, and thence up to 87i. There was great expectation of business this morning, from the effect of Mr. Peel's speech, but little or none took place, and the prices did not fluctuate more than an eighth per cent from 37 the whole day. Exche. quer Bills which were 55 on Monday, fell to 45 on Wednesday, but have since recovered to about 54.

In the Foreign Market there is little or nothing to notice. Later news from Mexico are of a more favourable complexion, but have but little helped the price of the Bonds, which are still about 24 only.

Portuguese Stock was at 44 on Monday, fell to 414 on Wednesday, but has since recovered to 43k. Nobody now talks even of a dividend,

Russian Stock is nearly one per cent lower, having been done to-day at 944 ex dividend. Our last quotation included the half year's dividend. Spanish Bonds have maintained their late small advance.

French Stock has again risen, and seems steadily and progressively approximating to the prices of our own Funds. Five per Cents (4 March) 110f. 60c.; 3 per Cents 77f. 55c.

SATURDAY, ONE O'CLOCK.—There is nothing whatever doing in either Market. Consols opened at 87, and have been 86,i to 87 the whole morning.

BRITISH FONDS,

Bank Stock, div.8per Cent. 3 per Cent. Reduced,

3 per Cent. Consols, sfig 34 per Cent. 1818, 34 per Cent. Reduced.

New 4 per Cents. 1822, 1018 2 4 per Cents. 1826, Long Annuities, (which expire 5th Jan. 1860) India Stock, div. 104 per Cent. South Sea Stock, div. 34 per Cent. India Bowls, (4 per Cent. until March, 1829, thereafter 3 perCent.) 47 49 Exchequer Bills, (interest 28. per Cent. per Diem,) 54 53 55 Consols for Account 87 86i

FOREIGN FUNDS.

Austrian Bonds, 5 per cent. Brazilian Bonds, 5 per cent. 61 61i Buenos Ayres 6 Cent. Chilian, 6 per Cent. 21 Colombian, Ditto, 1824, 6 per Cent. 13 184 Danish, 3 per Cent. 64 French 5 per Cents. Ditto 3 per Cents.

Greek 5 per Cent. 14 14i Mexican 6 per Cent 24 244 Neapolitan 5 per Cent. Peruvian, 6 per Cent. 13 14 Portuguese, 5 per Cent. 434 44 Prussian, Russian, 944 4 ex. div. Spanish, 9i 10

SHARES.

Anglo-Mexican, 22/. 10s. 25/. Brazilian, Imperial, 581. GO/. Real Del Monte, Boianos, 300/. 310/. Colombian,

United Mexican, 121. 10s. 131.

Foua o'cLOcii.—Consols for Account 86i to 87.

CABINET Couscu.s.—The Ministers have been unwontedly often in close and anxious deliberation of late; and the communication between Windsor and Downing-street has been frequent. No fewer than eight Cabinet Councils have been held within seven days. At the Council on Sunday, the Duke of Wellington was not present, his Grace having previously gone down to Strathfieldsay to entertain the Judges ; and the Lord Chancellor left the Council soon after it assembled ; having been unexpectedly called away to Windsor. The Duke of Wellington had an interview with the King on his way to town on Monday; but he arrived in time to join his colleagues at the Council-board.

Ministers were again in deliberation on Tuesday afternoon ; and they assembled a sccond time in the evening' and sat from half-past nine till two next morning. The Lord Chancellor, the Duke of Wellington, Mr. Peel, and Mr. Herries, went down to Windsor on Wednesday morning, and did not return till the evening. At some of these sittings the Secretary of State for Ireland, and the Law Officers of the Crown were in attendance.

This anxious bustle at head-quarters gave rise to many disagreeable surinises,—to which we need not further allude, as they have been set at rest by the Parliamentary proceedings of the last two days. We must not omit the e of a minor conclave : the Earl of Eldon

has had repeated interviews with Duke of Cumberland of late. The Princess Augusta arrived at her residence in the King's Palace, St. James's, on Monday afternoon, from Brighton.

The Duke of Clarence came to town on Wednesday morning from Bushy Park, and returned in the afternoon. A house has been taken at St. James'splace as a temporary residence for the Royal Duke, till his new residence in the King's Palace, St. James's, is completed.

Fears for the health of Prince George of Cumberland seem to have heeit entertained at Berlin ; but he is now said to be out of danger.

The Duke of Cambridge is expected in London. The Duke of Northumberland was expected in Dublin yesterday. An address from the county of Meath was on Monday presented to the Marquis of Anglesey. The Earls of Darnley and Bective, Lord Killeen, Sir Marcus Somerville, and others, formed the deputation.

Ear: Bathurst gave a grand dinner to the Duke of Cumberland on Saturday ; and Earl Gower entertained his Royal Highness on Monday. The Cabinet Ministers dined with Earl Bathurst on Wednesday. At Harrington House, on Tuesday evening, there were amateur performances by the Stanhope family, assisted by other distinguished fashionables. The Merry Days of Charles the Second was the principal piece. The Hon. Mr. Molyneaux performed Rochester, and Lord Petersham King Charles. The Hon. Miss Elphinstone played the leading female character. The Marchioness Dowager of Salisbury gave a splendid rout on Wednesday evening to a numerous party of fashionables. Prince Lieven, on the same day, had a grand dinner party, and the Princess an elegant evening party.

The Countess of Bjornstjirnois had a conversazione in Mansfield-street on Thursday night, which was attended by many distinguished fashionables, both English and foreign ' • amongstthe latter were the Prince and Princess Lievon, Prince and Princess Polignac, the Neapolitan, Mexican, and other envoys.

A grand ball will take place at Willis's Rooms, on Monday the 16th, under the patronage of all the Royal Family, for the benefit of the Spitalfields weavers.

A general assembly of the London Catholic Clergy takes place on Thursday at Moorfields Chapel, when a solemn dirge will be performed in memoryof the late Pope Leo XII., after which high mass will be celebrated.

In our second edition last week, we mentioned the close of the election for the University of Oxford. We repeat the result for the benefit of our country readers. At two o'clock on Saturday, when the poll finally closed, the numbers were—for Sir R. H. Inglis, 755; for Mr. Peel, 609; majority, 146. Sir Robert's voters were chiefly clergymen ; Mr. Peel had nearly all the lawyers.

Mr. Peel has been returned for the borough of Westbury, in the room of Sir Manasseh Lopez.

The Marquis of Douro, eldest son of the Duke of Wellington, has been returned for Aldeburgh.

Mr. Sergeant Wilde has eontested Newark, against Mr. Sadler, the nominee of the Duke of Newcastle. At the close of the fourth day's poll, on Thursday, the numbers were—Mr. Sadler, 788; Mr. Wilde, 64; majority for Mr. Sadler, 104. Mr. Wilde had many difficulties to encounter, front his lateness in taking the field, (Mr. Sadler having canvassed the borough before the writ was muted for in the House of Commons); but. he dashed through the contest with great spirit. The candidates harangued the people every day; but Mr. Sadler addressed himself to unwilling ears.

PARLIAMENTARY MUSTER ON THURSDAY.—The avenues to the gallery o the House of Commons were crowded before two o'clock. The call of thej House prevented the doors from being opened till past six ; and before that time five guineas had been offered for early admission. In the rush when the gallery was opened, many got in without paying the usual fee ; others who had waited for six hours was obliged to go away disappointed, and some with their coats torn. The leading members of the 'Houses were cheered as they entered, When the Duke of Wellington appeared, an attempt at a No Popery" cry was made ; but it completely failed, and he was greeted with enthusiastic cheers.

The Clare Election Committee yesterday came to the resolution that Mr. O'Connell had been duly elected for the county of Clare, but that the petitions against his return were not frivolous. The decision of the Committee does not touch the question of his right to take his seat without taking the usual oaths.

Lord Killeen, Mr. O'Connell, and the other Irish gentlemen in London, are already taking measures to oppose the alteration in the elective franchise in Ireland, proposed by Mr. Peel. There was a numerous meeting of the Whig members of the House of Commons yesterday, at the house of Sir Francis Burdett.

AGITATIONS.—The agitations have been renewed with more vigour dam when the Brunswick Clubs were a novelty. There has been another Kent meeting; and the result was an address to his Majesty, which the addressers prudently determined not to intrust to any of his Secretaries, but to those tried patriots, Lords Win chilsea and Bexley. The people of Guildford and Aylesbury, and the clergy of the archdeaconries of Bath and Essex, are among the latest opposers of the Ministerial policy. The corporation of Portsmouth and Gloucester have chosen to support the King's recommendation to Parliament. In Leicester, there has been a liberal meeting; and in Birmingham, both parties have come forward to petition. The Protestant members of the Irish bar have come forward to support the claims of their Catholic brethren.

In Scotland, parishes, presbyteries, and kirk sessions have begun to send up petitions. The town-council of Glasgow, by a small majority, have determined to oppose concessions; and Edinburgh is threatened with an anti-Catholic meeting—even though the King be satisfied with his Ministers, and, Lord Melville one of these.

PROPERTY IN CHANCERY.—The effects of suitors in .Chancery for 1828 amounted to nearly forty millions.

TOBACe0.—The Chancellor of the Exchequer has notified to the importers of tobocco, that the Government have abandoned their intended measure of laying a duty of threepence per pound on all stemmed tobaccos brought into the country after the 5th of April next. The consequence has been, that those who bought tobaccos on the faith of the Chancellor's letter, have been completely bit. They say that he has been playing fast and loose with them. Morning Herald.

SOCIETY us ANCIENT Barrosts.---The subscriptions at the annual dinner of this society, on Monday, at which the Earl of Clarendon presided, amounted to above 10004 One hundred boys and fifty girls are supported and edu. cated by the institution.