MONEY MARKET.
STOCK EXCHANGE, FREDAT AFTERNOON.
The advises from Paris are unanimously expressive of an improved feel- ing in the position of the Bank of France. The recent monthly return had been favourably received, and it is affirmed that there has been since a con- siderable augmentation in the bullion, and a probability that the purchases of gold in foreign markets will be gradually discontinued. The worst pe- riod of the crisis, it is said, has been surmounted. Loans on securities can now be obtained on the Bourse at easier rates; and the French public have become steady purchasers of Rentes for investment : the Rentes have consequently advanced rather more than f per cent. Greater confidence also has been evinced on this side the Channel, and an upward movement has taken place in our Funds, assisted by a little relaxation of the tightness of money on the Stock Exchange, and also in the discount- market, where, as a new feature, bills have been negotiated in some instances at slightly below the Bank rate. The transfer-books for Con- sols will close for the dividend on the 5th of December; and the pub- lic, stimulated by the fact that 11 per cent will then be taken off the price, have been buying largely, and Consols have advanced 1 per cent. Yesterday the firmness was enhanced by the arrival of the long-expected James Baines and the Lightning, from Australia, with gold amounting to nearly1,300,000/. : this, added to 258,1771. that had arrived from New York, forms a large total. The previous anxiety for the safety of the James Baines caused the rate of insurance to advance on Wednesday, to 151. 15s. Today Consols have been done as high as 931/ ; but they leave off at 931 f, and 93I1 for the Account. Exchequer Bills have been rather firmer.
The Colombo took out 699,690/. for India ; of this 572,715/. was silver. In Foreign Securities, without much activity being displayed, there has been a tendency to firmness. The principal improvement has been in Turk- ish Six per Cents; they are 21 better, and the Four per Cents f. Sardi- nian, Venezuela, and Spanish, have advanced 1, and Mexican 1. In Rus- sian Four-and-a-half per Cents there has been a decline of 1. The transfer and stock certificates in the Great Northern Railway Com- pany, which had been delayed through the frauds discovered in the regis- tration department, have been sent to the proprietors.
Railways have been very buoyant : the rise in Consols has created a brisk demand in the leading descriptions, and the following improvement is shown this week-Great Western, II. 108. ; Bristol and Exeter, London and South-Western, and London, Brighton, and South Coast, 11.; Lancashire and Yorkshire, London and North-Western, and Midland, 15a. There has been a fall of 1/. in East Lancashire and Great Northern. French Shares have participated in the upward movement. Paris and Lyons 2/. 5a., Paris and Orleans 21., Northern of France 11. 15a., Eastern of France and Western and North-Western of France 1/. 108., Great Central of France It., better.
SATURDAY, TWELVE O'CLOCK.
An increase of 154,0151. in the bullion return by the Bank of England has caused 1 improvement in the Funds this morning. Consols for Money are 93f f, and for Account 9314. Exchequer Bills 1 discount 2 premium. Foreign Stocks exhibit firmness, and Turkish Securities are rather higher, In Railways there has been a demand at rather advanced rates-East Au_ glian, 171 ; London, Brighton, and South Coast, 1071; London and South- Western, 106 ; Midland, 801; North-Eastern-Berwick, 83; Ditto York, 591 ; South-Eastern, 711.
SATURDAY, ONE O'CLOCK.
The English Funds have continued very firm, and there has been a further rise of 1; Consols for Money leave off 9314, and for Account 94/ Exchequer Bills 1 discount to 2 premium. In Foreign Stocks, Turkish 6 per Cents have advanced 1, and the Four per Cents 1. In Railways there has been a brisk demand, and they continued to improve up to the close of the market-Bristol and Exeter, 91; Caledonian, 571; Eastern Counties, 91; Edinburgh, Perth, and Dundee, 341; Great North- ern, 911- - Ditto A Stock, 77; Great Southern and Western, (Ireland,) 124;
Great Western, 671; Lancashire and Yorkshire, 951; London, Brighton d , and South Coast, 108; London and North-Western, 104f ; London an
South-Western, 1051; Manchester, Sheffield, and Lincolnshire, 341; 804; North British, 38; North-Eastern-Berwick, 83; Ditto York, Kt • South-Eastern, 721. Preference Shares-Great Northern 5 per Cent, la; East Indian, 221 ; Geelong and Melbourne, Guaranteed 5 per Cent, - Grand Trunk of Canada, A Issue, 101; dreat Western of Canada, 2 '• Madras Guaranteed 41 per Cent, 20 ; Paris and Lyons, 511. Mines-Bra- zilian Imperial, (issued at 51. prem.,) 11; Ditto St. John del Rey, 18. Joint Stock Banks-Australasia, 1001; Bank of Egypt, 17f ; City, 69; London Chartered Bank of Australia, New, 191; London and County, 30 ; London Joint Stook, 32; New South Wales, 39 ; Ottoman Bank, 121; Unity, 36; Western Bank of London, 431. Miscellaneous-Australian Agricultural, 261 ; Canada Government 6 per ,Cent January and July, 1131; Crystal, Palace, 21 ; Electric Telegraph, 951; Peel River Land and Mineral, 2/.
3 per Cent Console 93 4 Dutch 24 per Cents 6t 6
Ditto for Account 94 Ditto 4 per Cents 95 7
The Euphrates Valley Railway Company publish a statement by Sir John M'Neill, " that there is every facility for making a harbour in the vicinity of the ancient port of Seleucia, near the mouth of the Orontes, and that the country via Antioch, Anas, Kittle, and Ailam, to Aleppo, presents no engi- neering diffificulty, and that the railway may be constructed for 8000/. to 9000/. per mile. By making a detour, a nch settled country, dotted over with towns and villages, is accommodated, and branch lines will be unnecessary. A large traffic is in existence ; according to the toll-book, at a bridge on the Orontes, more than 1200 laden camels and horses passed per diem. The charge for the conveyance of goods from Aleppo to Alexandretta was 8/. per ton, but the usual rate is 31. 158. The price of oats at Aleppo in October last was 18s. per quarter, and at Antioch, about forty miles distant, 27s. per quarter. Besides being the most important portion of the railway from the Mediterranean to the Persian Gulf, the section from Seleucia to Aleppo is in itself a complete work, having a port at one end and the chief emporium of Mesopotamia at the other, to which the traffic from India, Bagdad, &c., con- verges."
The Directors add, that " by the last mail they received applications for 850 shares from Aleppo. The applicants are of all denominations and creeds, and include the Pasha of Aleppo, other Turkish dignitaries, land- owners, Armenian and Greek merchants."
It having been reported that the Directors of the North-Western Railway, in consequence of the recent great frauds, had deemed it necessary to ar- range for the future that all transfers in their company should be submitted to them and receive their assent, the Assistant-Secretary has notified to the Committee of the Stock Exchange that the report was untrue-the Directors have not "felt it necessary in any way to vary the manner of conducting the transfer business of the company.
The section of the West-end of London and Crystal Palace Company, from Wandsworth Common to the Palace, is to be opened for traffic on the 1st of December. The communication with London will be by the Croydon line.
The works of Messrs. Fox, Henderson, and Co. are now carried on under inspection for the benefit of the creditors. The East India Company have extended their guarantee of 5 per cent in- terest to an addition of 250,000/. to the capital of the Bombay, Baroda, and Central India Railway.
3 per Cent Reduced 92 Mexican 3 r Cents 221
Long Annuities 23 L
New 3 per Cents Bank Stock 215 17 Exchequer Bills 1 dis. 2 pm. India Stock 285 80
Austrian 5 per Cents 86 9 Brazilian 5 per Cents 99 101
Belgian 44 per Cents 95 7 Ch an 6 per Cents 103 5 Danish 5 per Cents 102 4 Danish 3 per Cents 83 5 Peruvian 41 per Cents Ditto 3 per Cents Portuguese 3 per Cents 1853. Russian 5 per Cents Ditto 44 per Cents
Spanish 3 per Cents
Ditto Deferred Sardinian 5 per Cents Swedish 4 per Cents Turkish 6 per Cents Ditto 4 per Cents Guaranteed. 100
768 54 6 44 6 IC6 8
94 6 411 24 23i 4 90 2 84 7 933 4