MONEY MARKET.
STOCK EXCHANGE, FRIDAY AFTERNOON.
The business of the week in the English Funds has been on the same limited scale as for some time past : the tendency of the Market has, however, been downward. Money has been more in demand, and 3 and 4 per cent, has been readily obtained on short loans on Stock. Exchequer Bills have declined to 45 46. Consols for Account close at 88} i ; the only fluctuation having been to buyers or sellers at Some time ago, we noticed an error into which one of the Morning Papers had fallen, in supposing that a large exportation of gold had taken place, in consequence of the premium which tha: metal bore in the Continental markets : we are glad to find that our reasoning on that occasion was correct; as, by the official return which appears in the Times of this morning, the amount of gold exported since December 1832 has been only 170,000 ounces. While on this subject, we may notice another mistake of the same journal, in which it is assumed that because the issues of the Bank of England exceed at this time those of August 1824, an addition to that extent has been made to the circula- tion, and as a natural consequence, that we are about to plunge into a series of speculations similar to the disastrous ones of 1825. This would probably be the case if the circulation were really increased ; but it must be remembered, that, iu addition to the circulation of the Bank of England at the period referred to, there existed a large amount of paper circulated by the Country Banks, which has been variously estimated at from five to seven millions, and which has almost if not entirely ceased to exist : so that the issues of the Bank of England have to he yet further extended before the circulating medium of the whole country will have reached the point at which the speculations of 1825 began. With a few exceptions, the Joint Stock Companies of I:533 arc of totally diffe- rent character to the schemes of 1625 those of the present year arc chiefly for the improvement of our internal cmoinuttication ; and, though the projectors may be roo sanguine, the enterp:•iies themselves must tend to the advantage of the publie whether successful as matters of speculation or not. The llimtuation in the Foreign 31ar bet has been nearly as trifling as in the English Storks, and consequently most of the Foreign Bonds :ire at nearly the same quotations as last week. By the Orestes, we have this day received in- telligence from Lisbon of as late a date as ?title ; from Oporto to the 18th. No further attack had been made by the Miguelite forces on Li,hun, and the Pe- droites were in peaceable possession of Oporto. It is also reported that negotia- tions were pending between the two brothers. The Portuguese Scrip and Bonds have mint been affected by this intelligence. Spanish Stock is rather heavy, and,is to-day quoted at 21; SATURDAY. TwEr.vc o'cr.ocE.
So little business has been transacted this morning in the English Funds, that the prices must be considered as merely nominal : not a single bargain has IT to this hour been effected ft w the Account; the only quotations appeariog iu the Official I.ist being Consols for Money, Exchequer Bills, and New tP, per Cents. In the Foreign Market the same stagnatirm prevails. Spanish Snick is quoted rather higher than yesterday. Dutch Funds are also at a trifling ad- vance. Portugnese Scrip and Bonds are rather lower. 3 per Cent. Com:01s sq I: Belgian 5 per Cents. 94 Mexican 6 per Cent s.35 Ditto for 524- •i■ Brazilian 5 p. Cents.6201 70 Portuguese 5 p. Cts. 7:461
ew31 p. C ent. Ann. 94 1 htnish 3 per Cent s. 74 # Do.ltegeneySe.5p.Cts.101
Bank Stock - Dutch 2it per Cents. 481 I Prussian (1t4t.2)5/,.ct India Stock - French 3 per Cents.. — Russ. (1522)5 p.Cts.1011
Exchequer Bills 44. Greek (1105)5p.Cts.. — Spansh(162 5p.Ct. 21; 22
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