8 NOVEMBER 1834, Page 9

MONEY MARKET.

STOCK EXCHANGE, FRIDAY AFTERNOON. The Money Market has continued firm, though the business transacted has not been extensive ; the fluctuation in Consols has not exceeded per cent. Money is abundant, and the demand for English stock still continues. Nothing definitive has transpired during the past week as to the terms which the Government at Madrid will adopt in the acknowledgment and liquidation of the Cortes Loans. The mixed Committee of the two Chambers of Proceres and Procuradores had not yet reported upon the subject; but the impression at Madrid, when the last sauces came away, was that the terms most likely to be adopted would be more favourable to the interest of the Cortes creditors than those proposed by the recent vote of the Procuradores; while the intended par- tial acknowledgment of GUEBHARD'S Loan is represented as likely to be aban- doned. The near approach of the time fixed for receiving the biddings for the new 'Spanish Loan, which will be taken on the '20th instant at Madrid, has fixed the attention of most of our capitalists. We understand that there will not be any competition; as a coalition has been formed between the various houses who would have otherwise been rivals, and but one offer will be made to the Government. Some fears have been expressed, that if the Loan be con- tracted previous to the acknowledgment of the old Debt, the arrangement here- after will be less favourable to the holders of the existing Spanish Securities than it would be now, if concluded before the pecuniary wants of the Government have been supplied. But there seems little reason for alarm on this head; since the gentlemen acting on the behalf of the eminent London capitalists, by shorn the negotiation is in part undertaken, will make it one of the conditions of the contract, that such arrangements must be made with the holders of the old Stock as will open the London Market to the new adventure. In fact, the interests of the present creditors are more likely to be advanced than injured by the new financial operation. Spanish Bonds evinced a tendency to rise in the early part of the week ; but on Wednesday, a rumour of an insurrection at Madrid, and of a total change of Ministry consequent upon the resignation of MARTINEZ DE LA Rosa, created a sudden panic; and the Stock fell from 5S+ to 551. An immediate rally, however, took place ; and the price has nearly reached the previous quotation, dosing to-day at 573 3. A depression in Portuguese Bonds has also occurred : at one period the price was as low as 86; the Stock has since recovered, and is now 871.

Some business has occurred in Dutch Stock ; but the prices of that, as well IS the other Continental Securities, have not varied much.

Columbian Bonds are heavy at our last week's prices, although the disposition to purchase still continues. By the last arrival from Rio Janeiro, the accounts from the Imperial Mines are encouraging, and the Shares are 32 44.

SATURDAT, TWELVE O'CLOCK.

No'hing worthy of notice has occurred this morning. The prices, which Ire nearly the same as yesterday, must, with a few exceptions, be considered as nominal.

3 per Cent. Consols 911 1 Ditto for Account 911 1

New 3+ per Cent. Annuities.

1001 1 Bank Stock

India Stock

Exchequer Bills. 43 44

Belgian Sper Cents.

93/ 9/ Brazilian per Cents. ex. dm. 77# Si

Danish 3 per Cents. ex. dir

76f

Dutch 2/ per Cents

521 1 French 3 per Cents.

Greek Omnium, 5 per Cents. — Mexican 6 per Cents 41# 42/ Portuguese 6 per Cents. .....

Do.RegeneyStock,5perCent.

Prussian (1818) 5 per Cent.. — Russian (1822) 5 per Cent... 106 Spanish (1821)5 per Cent...

571 I