3 NOVEMBER 1855, Page 7

MONEY MARKET.

STOCY Excesses, FRIDAY AYTIIIIDOON.

There has been an increased demand for money this week, both in the dis- count-market and the Stock Exchange; principally owing to the various ac- ceptances due on Saturday, including the payments of the 4th. To meet these, sales and loans upon Stock have been effected ; which, combined with other causes, have occasioned a decline in the Funds of per cent upon the highest prices of Monday, when Consols reached 88i. To this they were assisted by the announcement of a large arrival of gold on Saturday from Australia, a fall of 2s. in the Corn-market, and the closing of accounts by the Bear party : they have since been as low as 87g. Today they rallied to 881, but leave off at 871 8 for both Money and Account. There has been greater activity, and the inquiry for Stook more extend- ed. The purchases of the public during the first portion of the week were limited, owing probably to the severity of the weather. The hostile tone of the United States Government has excited some at- tention. Exchequer Bills, which had previously rallied, are again very flat, being 108. to 5s. discount. At 10s. discount, taking the interest at 31. 168. per annum, the March issue, liable to be redeemed at par in a few months, would pay at the rate of nearly 5 per cent. The East India Company have legt-lrawn the notice issued on the 18th Jul" last, of a reduction of inte:,,si tin India Bonds from 4 to si per cent from the 21st of July 1856: the rate is to continue at 4 per cent. This notice has not arrested the downward ten- dency of these securities ; they are 10s. discount to 48. discount. The Company have also notified a reduction from 2s. 2d. to 2s. Id. in the rate of exchange for bills on Bengal and Madras; on Bombay from 2s. 21d. to 28. 11d. This measure will probably check the heavy remittances of specie to India. The average stock of bullion in both departments of the Bank of England, for the month ending the 29th of September, was 13,530,812/. ; a decrease of 2,188,502/. compared with the preceding month, but an increase of 308,356/. in comparison with the same time last year..

The French Funds have exhibited heaviness, but the rate of exchange on London is maintained. At Hamburg it is lower, and the rate of discount has advanced to 6 per cent. At Amsterdam also the quotation of the ex- change is considerably lower, through the operations in silver for the Bank of France. Some portions of the gold-arrivals continues to be retained in this country : out of 442,0001. received on Saturday from Australia, about 200,0001. has been taken to the Bank of England ; the balance will be re- mitted to France. The arrivals this week have been 174,0001. from the West Indies, and 4001. from New York. Among the exports, 20,0001. has been sent to Lisbon and Cadiz.

Yesterday the Transfer-offices at the Bank of England were shut; and it was also a close holiday at the Stock Exchange and the Paris Bourse.

Foreign Stocks have been tolerably well supported. Peruvian and Buenos Ayres are 1 higher. Dutch has fallen 2 per cent, owing to a decline in Am- sterdam of about the same extent through the Bank of Holland raising the rate of discount to 4 per cent. Belgian is f, Turkish Stock 1, and the Scrip f lower.

In Railways the transactions have been unimportant. The settlement of the Account on Tuesday tended to create firmness; since which time there has been very little alteration : today they are 58. better in some instances. London and North-Western leave off at 921 1. French Shares have fallen during the week 2s. 6d. to 108.

SATEEDAT, ONE O'CLOCK.

The English Funds have not maintained the improvement of the morning, but have revtrted to their former position-Consols being now 871 8 for Money and Account. Exchequer Bills 9 4 discount. Exchequer Bonds 9811. India Bonds 5 discount. Annuities 1885 161. In Foreign Stocks, Peruvian Four-and-a-half per Cents are 1 better; Grenada, 191; Ditto De- ferred, 61 ; Spanish Passive, 51 ; Turkish, 79 1.

Railways have slightly receded ; the transactions have been very limited- Eastern Counties, 81; Great Northern, 841 ; Ditto B Stock, 120; Great Western, 501; Lancashire and Yorkshire, 751; London and Blackwell, 61 ; London, Brighton, and South Coast, 951; London and North Western, 921; Manchester, Sheffield, and Lincolnshire, 211; Midland, 64 ; North-Eastern -Berwick, 68; Ditto Leeds, 111; Ditto York, 45; South-Eastern, 571. Preference Shares-Great Northern 5 per Cent Scrip, Redeemable at 5 per Cent Premium, 71; London and Brighton New Guaranteed 5 per Cent, 112 ; Dutch Rhenish, 10 ; Eastern of France, 36 ; Great Western of Canada, 22j; Northern of France, 341; Paris and Lyons, 441. Joint Stock Banks- Australasia, 901; City, 58; Union of Australia, 73. Miscellaneous-Canada, 1201 ; Crystal Palace, 11; Ditto Preference, 4/.

3 per Cent Consols 8 Danish 3 per Cents 81 4

Ditto for Account 87 8 Dutch 2i per Cents 62 4 8 per Cent Reduced 87: i

i Mexican 3 per Cents Ditto 4 per Cents 91 3

New 8 per Cents 87 19t3/5ex d.

Long Annuities SI Peruvian 44 per Cents Bank Stock 206 8 Ditto S per Cents 52 4 Exchequer Bills 9 4 die. Portuguese 4 per Cents .... 43 5 India Stock . 226 9 Russian 3 per Cents 95 Austrian 5 per Cents 80 3 Ditto 4.4 per Cents 85 8 Brazilian 5 98 100 Spanish 3 8 per Cents The adjourned examination of J. W. Cole, in the Bankruptcy Court, has been postponed sine die, as the investigation of the accounts will occupy a long tune. About 70001. of assets have been realized, but a disputed claim of Overend and Co. for 120,000/. prevents at present a distribution.

%AMWAY. TWELVE O'CLOCK.

The English Funds are 1 higher this morning, owing to the bullion re- turn by the Bank of England, which for many weeks past had exhibited con- siderable reductions, now showing an increase of 73,1581. Consols for Money and Account are now 88 /. Exchequer Bills 10 5 discount. In Foreign Stocks no movement has occurred ; Turkish, 7819i, Ditto Scrip 31 21 dis- count. Railways are tolerably firm ; only three bargains have yet taken place-London, Brighton, and-South Coast, 951; London and North-Western, 921; Midland, 641.

Belgian 44 per Cents 90 2 ex d.

Chltian 6 per Cents 99 101

Danish 5 per Cents 100 2

Cents per 371 Ditto Deferred 19 a Sardinian 5 per Cents 83 Swedish 4 per Cents 86 9