23 NOVEMBER 1844, Page 8

MONEY MARKET.

STOCK EXCRAWOR, FRIDAY AITIRNODIC,

Since our last report, the Government Securities have all improved. The premium upon Exchequer Bills has alsa risen from 6s. to tar.; Bank Stock has advanced nearly 2 per cent, viz. to 206 ; and India Stock has risen in nearly- the same degree—quoted yesterday at 281. The transactions in the English Funds have not been of any great importance, and the improvement noticed has been rather the result of continued purchases for investment than any speculative buying. Our market has been in a considerable degree influenced. by the firmness of the Paris Bourse ; where the Three per Cents have advanced to 83 15—about 11 per cent improvement upon recent prices, and continue- firm at that advance, notwithstanding the impending weight of the new Loan.

A temporary check was given to our Funds on Wednesday, by some speculc.- tire sales made on receipt of the intelligence by special express from Paris of the outbreak of General ZURBANO at Logrono ; and Consols declined under the effect of these operations about* per cent ; but speedily rallied again, the closing quotations today being the hiebe,t of the week. It appears that the movement in question has not as yet assumed any great importance ; and its greatest effect will probably be produccd here, where it has already caused a decline of more than I per cent in Spanish Stock. It is nearly certain that its oh,ject is as much financial as political. For more than ten days a certain knot of speculators here have continually hinted at some insurrectionary proceedings to be taken by General ZURBANO, and prophesied from that a decline an Spanish Stock, for which they operated extensively. Considerable doubts were thrown upon the truth of the intelligence when it appeared that on the arrival' of Thursday's mail no notice was taken of this event by the French papers of Tuesday; and as by the same arrival intelligence to the 13th was received from Madrid, it was evident that if any thing very serious had occurred it would have been known in the capital on that day ; whereas the Madrid mail of the 13th, which must have passed on the 14th through Burgos, brought no intelli- gence of the insurrection.

The business in the Foreign Market has been more extansive than usual- Portuguese Bonds were depressed till Tuesday, in consequence of the continued. sales of Money Stock; but by the Lisbon mad of that day, orders for purchase: were received ; and the operations arising out of them caused a rise of nearly 3 per cent, the Stock improving to 556: the price today may be quoted at 541_ to 551. Spanish Stock had improved considerably upon our last quotations; but the intelligence noticed above caused a decline of the Three per Cents to, 35, and the Five per Cents to 24. The transactions of yesterday and today have been unimportant. The market has improved slowly from the lowest quotations, and closes about 1 per cent above them. The Northern European Bonds are in fair demand. So are Dutch Stocks of all descriptions ; the Two- and-a-half per Cents having been done at 63, and the Four-and-a-half and Five per Cents at a proportional advance. Belgian Bonds are without any material change. The Scrip of the New Two-and-a-half per Cent Loan is steady at Ito per cent premium, With but few transactions. The settling_ day for the Account in this new Scrip is fixed for Monday next. Mexican Bonds are rather firmer ; and the Deferred Stock is getting gradually into, favour, and commanding higher prices. Buenos Ayres Bonds are also ad- vancing, in consequence of the prospect of a peaceable settlement of the corn-. motions in the Republic, afforded by the last intelligence received thence. The other South American Bonds are unchanged.

The operations in Railway Shares have not been such as to require remark.. In some instances the heavier description of Shares have given way, and the- improvement noticed in our last report has not been supported. The new= class of Shares are still in disfavour ; and in more than one instance the origi- nators of a line have been compelled to come into the market and buy up the shares at premium, in order to induce the original applicants to make the pay- ment upon them. The French Shares are all improving; as might be inferred from the state of the market in Paris.

The books of the various Stocks, the Dividends upon which become due in January, will close and reopen on the days stated, below. They will,howevekbe all open for private transfer on the 6th January. sem ormf.

Three per Cent Consols Tuesday 3d Beeember....Friday 17th January'

New Five per Ce ts Friday 6th December....Thuraday 9th January.-

Thi en per Cents, 1726 Friday 6th December....Friday 10th January.

Annuities, January 1860 Friday 6th December.... Friday 17th January.

Ditto, January 1t80 Friday 6th December ....Friday 17th January.- India Stock Tuesday 3d December... .Tuesday 14th January.. South Sea Stock Wednesday 4th December. Wednesday 15th January..

New Annuities. Three per Cents} Wednesday 4th December.Wednesday 15th January. 1751

SATURDAY, TRTLVE o'cLocir..

The English Funds are without variation. In the Foreign Market, the only change occurring is in Spanish Stock ; to which the absence of all intel- ligence of ZURBANO'S success has given increased currency; and both varieties are in demand at a slight advance upon yesterday's prices.

The Railway transactions are not so important aslusual, and with few excep- tions, markets are heavy. We have to notice the following bargains : Bristol and Gloucester, 351; Birmingham, 2181 218; Ditto, Fifth-shares, 26; Brigh- ton, 471 ; Greenwich, 9a ; Croydon, 16*; Midland, 1081; Newcastle and Dar- lington Junction, 501; South-eastern and Dover, ex New Shares, 38; York and North Midland, 1031; Churnet Valley, 31; Sheffield and Lincoln, 1#; Paris and Orleans, 40; Orleans and Bourdeaux, 4# 1 ; Paris and Strasbourg,* SATURDAY, Two o*el.oce. The English Funds close more firmly ; Consols having been done at 100k, and the Three-and-a-quarter per Cents at 102#, both for Money. The Foreign Funds are unchanged. The following transactions have occurred in Shares, in addition to those given in the morning. London and Westminster Bank, 261 ; Railways—Birming- ham and Gloucester, 98 71; ditto, New, 24; Bristol and Exeter, 69i ; Ditto and Gloucester, 341 ; Chester and Ilolyhead, 6 5*; Eastern Counties, 131 ; Great Western, 139; Ditto, Half-shares, 861 7 ; Ditto, Fifths, 26; Blackwell, South-western, 751; Great North of England, 1181 18; Croydon, 161 Midland, 1071 ; Derby and Birmingham, 791 ; Norwich and Brandon, 121 ; West London, Old Shares, 8; York and North Midland, 1031; Ditto and Scarborough, 32; Ditto and Selby, Scrip, 681 ; Ditto, Extension, 121 ; Paris and Orleans, 40* 40; Paris and Rouen, 381; Orleans and Tierzon, 10i s

Boulogne and Amiens,

3 per Cent Consols ... Ditto for Account 3 per Cent Reduced..

31 per Cents . Long Annuities Bank Stock Exchequer Bills India Stock Brazilian 5 1.er Cents.. .....

helgtan 41 per Ceuta Chitisn5 per Cents ..... 31.

1001 1001 1

991

1021 1 12 1-16 255 6 prem 60 2 288

88 9 1011 21 NO 2

Colombian ex Venezuela ...

Danish 3 per Cents Dutch 21 per Cents

Ditto 5 per Cents ...... Ditto 4 per Cents Mexican 5 per Cents Consd Ditto Deterred Puruguese New a p. Cts. 1841

Russian 5 per Cents

Spanish (Active)5per Cents _Ditto 3 uer Cents 1842

131 14

6289.930

99/

96t 7 364 161 544 55 118i 3,9* 361 241 5 The monthly report of the local circulation is now confined to the amount- of notes issued by the Scotch and Irish Banks ; the Bank of England and the English Country Banks-making district returns, under the new act. According to the present return, the average circulation of Scotland and Ireland has been, 971,666/. greater during the month ending 9th November than for the pseviotts four weeks.