Star.
London, England, 1822-07-15 00:00:00

THE FUNDS.

STOCK EXCHANGE, TWELVEOCLOCK.
The Market has been brisk in the earlier part of the morning,
and Consols are, up to this hour, 80j to 81. The Chancery has
bought £lOO,OOO for tomorrow.
FOREIGN FIINDL—Since the Spanish Loan has come out we
never witnessed such a confusion as took place on the Royal
Exchange this morning, about eleven o'clock. Owing to the
bad news from Spain, Spanish Bonds were done at 611; but, on
an eminent Jew Broker appearing, who, no doubt, was sent by
the parties who had the express, immediately a great crowd of
Brokers surrounded hint, and he purchased to a very large
amount, which rose them to 624 for money. It is reported that
the express from Paris brings very favourable news from Spain,
and the Government is more firmly established than ever. The
Spanish Market is still looking up. Old Spanish 62j, New 611,
New l'russian 86h to 1, Old 88, Chili 791, Neapolitan 71,
Danish 87.

STOCK EXCHANGE, ONE O'CLOCK.
The Market does not look so well as it did, and Consols are
8O for the Account, and, for August, 81j.
Foaascx NIARKEL—Three expresses have been received from

Paris this morning. The French Funds are 911. 25c. a quarter
per cent. better. Adviees 'lave been received from Madrid.
The KING, it is reported on 'Change, had headed the Constitu-
tional troops against the body guard, and a conflict bad taken
place, in which 400 dead were left upon the field. This is con-
sidered a deciiive step on the part of the KING, and the Militia
now form his body guard.—Spanish Bonds, 621.
PRICES OF STOCKS AT ONE 0 CLOCK.

Bank Stock 2451/4—.i per Ct. Reduced 801/8 80
2 per Cent. Cons. ex div. 79% 1/4-3 1/4 per Cts. 911/8
4 per Cts.97 1/2 5/4-4 per Ct. Now Aus. 97 1/2 981/2 98
Bank Long Annuities '20% 9 16
India Stock '215% '2461/4—lndia Bonds 535. 555. pr.
Exchequer Bills (C 1,000) 4s. 55. pr.
Ditto Small 4s. Gs. prem.—Bank for Acct. 245 1/2
Consols tot Acct. 8O %S 1 soya.

Although we have had no further arrivals direct
from Spain, yet the French Papers of Thursday and
Friday bring intelligence from Madrid two days later
than that we communicated on Saturday. It is true
that we cannot place very strong reliance on the party
statements of the French Journals, yet, making some
allowance for exaggeration, there seems no doubt
that Madrid is now the theatre of very serious events;
and that the crisis which shall decide between the
Constitutional party and the friends of an absolute
Monarchy is arrived. The result, we think, may be
anticipated, and we doubt not that, however ominous
affairs may be at present, they will terminate in
giving new strength to the friends of the Constitution.
—The mutinous Guards, it would appear, still
bold out; but they have been deserted by most of
their Officers; and it is said that one of the two per-
sons employed by them to negotiate with the lawful
Authorities on the 3d instant, was M. DEFLERS, a
Frenchman ; we have always believed that the con-
duct of the French Government has had considerable
influence in emboldening the Ultra party in Spain,
and w•e should not be surprised to learn that one of
their agents has excited the mutiny of the Guards.
The authorities, civil and military, are all opposed to
the revolted regiments ; and no soldiers have joined
them; the garrison, both regulars and militia, stand-
ing fast by the Constitution.—The Gazette de France,
which gives a very highly-coloured ultra account of
the Madrid affair, represents Andalusia to be also at
this time involved in a difficulty of nearly the same
nature by the revolt of the Royal Carabineers. There
is, we should suppose, but little reason to fear any
junction of the other regiments with the Guards and
the Carabineers ; as the advantages -which the latter
possess, and their aristocratic composition, render
them an object of doubt to the rest of the army.
The Courier Francois and Gazette de France both
agree that on the evening of the 4th instant the
KING was invited to separate himself from the insur-
gent regiments, and; leaving his Palace, to retire to
the Hotel de Ville of Madrid ; but that when the
Council proposed to him to accede to this invitation
of the Municipality, FERDINAND gave this remark-
able answer:—" My guards are not in a state of dis-
order : let me put myself at their head, and sec if they
will not obey me." We do not know, in the present
state of public feeling, and with the experience of
FERDINAND'S weakness, how far he may be trusted ;
but it seems to be the general opinion that a word
from the Km would settle the revolt of the guards.,
if FERDINAND hesitates, or does not throw himself
entirely on the friends of the Constitution, he may
certainly endanger his Crown and his life; for he is
already suspected of secretly abetting these risings,
and of wishing to become " the absolute King" which
his injudicious friends attempt to make him. The
following are the statements of the different French
Journals respecting the events at Madrid :