10 NOVEMBER 1855, Page 8

MONEY MARKET.

STOCK EXCHANOZ, FRIDAY APTIINOON.

Confidence in the monetary position of the country is increasing : towards the establishment of which, has been the knowledge, that the unusually heavy mercantile payments last Saturday, including those due on the 4th, had been well provided for; thus proving the stability of the trading com- munity at the present critical time. There has been greater ease in the Money-market, and some of the discount-houses have declined further sums at call. The English Funds have been buoyant : on Monday they rose a, and Consols were done at 881; the variations since have been frequent. The public have been buying freely, and the firmness has been augmented through the position of the Account arranged yesterday : Stock being scarce, the rate of continuation fell to 3-16ths; k cheaper than on thepreceding oc- casion. Today they have touched 89; but leave off at 881 a, and 88x; for the 6th December. The greater plenty of money has caused an improvement of 4s. in Exohe- quer Bills and India Bonds. The monthly account of the Bank of France, made up to last evening, will, it is stated, exhibit a further decrease of 1,000,000/. in the bullion, which has been reduced from 9,200,0001. to 8,200,0001. There is more firmness on the Bourse, an improvement in com- mercial affairs, and a belief that latterly the bullion-receipts have equalled the withdrawals. The exchange on London continues high. The advance in Sugar on this side has led to purchases for shipment to England. At Hamburg there is less demand for money ; the rate of discount is now 51 per cent. The Bank of Prussia has raised its rate to 41; in Belgium it is 21; Frankfort, 31; Holland, 4. The political advioes from America are regarded as more pacific. In New York securities have fallen through sym- pathy with the pressure for money in London, and a fear that the Bank of France would adopt measures for obtaining specie from that country. The rate of exchange is against such a proceeding ; but Messrs. Rothschild's agent has already despatched 142,000/. ; and 151,0001. which arrived on Monday is stated to be on French account. The rumours prevalent about a month ago of arrangements for loans between Russia, Holland, and the United States, are now wholly discredited.

In the Corn-market, on Monday, there was an advance of 2s. The ship- ments of specie by the Euxine, for Alexandria, India, and China, amounted to 213,0001., chiefly in silver. In Alexandria the rate of exchange is rising, and no profit is now offered from remitting gold there. There has been an arrival of 29,2001. from South Australia; which, it is thought, will be pur- chased for the Bank of France, and only half of other arrivals shortly ex- pected is likely to remain on this side. In Foreign Securities, only a moderate amount of business has been trans- acted ; but greater firmness has been exhibited, and an improvement in the following—Belgian, Dutch Four per Cents, Peruvian Four-and-a-half per Cents, and Sardinian, 1; Spanish Deferred, 1; Ditto Three per Cents and Certificates, 1; Turkish, a; Ditto Four per Cent Scrip, 1. Railways have shown greater activity than has prevailed for a considerable period. The public under the influence of Consols have been purchasing; and a steady improvement occurred, which continued in full operation up to this morning, when there was a reaction of 10.8. in several cases. London and North-Western have advanced 21. 158.; they were done today at 95a, and leave off at 941 5/. In other lines the improvement this week has

been—Great Northern, 31. 108. ; London and South-Western, 31. ; Lanca- shire and Yorkshire, 1/. ; Midland, 11. 68. ; Great Western, 10s. French Shares have been from 28. 6d. to 11. lower, but have recovered.

SATURDAY, TWELPE O'CWOK.

The English Funds are about k lower this morning; Consols for Money being 8811, and for Account 881. Exchequer Bills 8 3 discount. The bul- lion return by the Bank of England exhibits a small decrease-37311. In Foreign Stocks, Turkish is rather weaker ; the Six per Cents are 79} a, and the Scrip 3 21 discount. Railways have declined, and London and North- Western are a lower—they have been done at 94; Edinburgh and Glasgow, 50; Great Northern B., 120; Great Southern and Western (Ireland), 102; Midland, 641; North-Eastern Extension, 121; Ditto York, 451 ; South- Eastern, 571.

The English Funds are a little stronger than they were in the morning ; Consols are now 881 and 881 for Account. Exchequer Bills 7 4 discount. In Foreign Stocks, Turkish Six per Cents are a better ; the bargains have been at 79 1 1 801; Scrip 21 discount. Spanish Passive 6k, Certificates 4f. Railways have rallied slightly—Caledonian, 68 ; East Anglian, 111; East Lancashire, 69 ; Edinburgh and Glasgow, 50; Edinburgh, Perth, and Dundee, 17; Great Northern A. Stock, 721; Ditto B Stock, 120 ; Great Southern and Western, (Ireland,) 102; 'Lancashire and Yorkshire, 76; London and North-Western, 941; Ditto Eighths, 11; London and South Western, 861; Manchester, Sheffield, and Lincolnshire, 21k; Midland, 65; North British, 26 ; North-Eastern Extension, 12k ; North Stafford- shire, 9f ; South Eastern, 571; Northern and Eastern 5 per Cent, 57. Eastern Counties Extension 5 per Cent, No. 2, 1 prem. ; Great Northern 5 per Cent Scrip, Redeemable at 5 per Cent Prem., 7a; Lancashire and Yorkshire 6 per Cent Stock, 131; Midland Consolidated Bristol and Bir- mingham, 6 per Cent, 131 ; North Eastern—York H. and S. Purchase, 91; East Indian, 211; Ditto Extension, 15/ ; Great Western of Canada, 22 ; Ditto New, 61; Great Luxembourg Constituted Shares, 31; 'Sambre and Meuse, 81; Scinde Guaranteed 5 per Cent, 61. Mine—Cobra Copper, 651. Joint Stock Banks—Australasia, 93; London Joint Stock, 321 • South,Aus- tralia, 39; Union of Australia, 741; Union of London, 291. Miscellaneous —Australian Royal Mail, 5; Canada, 138 ; Canada Government 6 per Cent January and July, 107} ; Crystal Palace, 2; Ditto Preference, 41; General Screw Steam Shipping Company, 161; Royal Mail Steam, 80 ; 'Van Diemen's Land, 13. SATURDAY, Oar o'Ci.ocr.

8 per Cent Consols

Ditto for Account E per Cent Reduced New 3 per Cents Long Annuities Bank Stock Exchequer Bills India Stock Austrian 5 per Cents, Brazilian 5 per Cents Belgian 44 per Cents Chilian 6 per Cents Danish 5 per Cents 88 88 87 I

88 i

31 2064 84 7 4 die. 227 9 80 3 98 100 91 3 ex d.

99 101 100 2 Danish 3 per Cents Dutch 24 per Cents Ditto 4 per Cents Mexican 3 per Cents Peruvian 4} per Cents Ditto 3 per Cents Portuguese 4 per Cents Russian 5 per Cents Ditto 4} per Cents Spanish 3 per Cents

Ditto Deferred

Sardinian 5 per Cents Swedish 4 per Cents

81 4 62 4 92 4 19} 1 74 6 52 4 43 5 95 8 85 8 38 4 19k 201 84 6

86 9