29 NOVEMBER 1856, Page 8

MONEY MARKET.

SATURDAY, INIEFT.V13 O'CLOCK.

The Bank return of last night shows an increase in the stock of bullion of 213,4691. Consols opened well at 941 1, but have since declined A. Fo- reign Stocks are firm, but without alteration. Railways are very brisk, and. business to some extent has been done at improved prices—East Anglian, :4 19k; Great Northern, 91i ; Great Western, 7 70; Lancashire and York- shire, 97f ; London and. North-Western, 1061; Midland, 821 821 821 i North British, 381; North Staffordshire, 121. -

SATURDAY, ONE O'CLOCI•

Business has been less active in the English Market ; prices are the same, though a shade heavier. Foreign Stocks have been quiet, with no particu- lar feature to report ; prices remain without alteration. There is not so much business doing in Railway Shares as at the openings but the market closes firm ; the following are the latest transactions— Chester and Holyhead, 39; East Anglian, 191 ; Eastern Counties, 9L Eastern Union, B Steck, 25; East Lancashire 88; Great Northern, 911; Ditto B Stock, 1241; Great Southern and Western (Ireland), 114 _j Greet Western, 70- Lancashire and Yorkshire, 971; London and South-Western, 108 ; Manchester, Sheffield, and Lincolnshire, 351; Midland, 82k, Norfolk, 501; North British, 381; North-Eastern—Berwick, 861; Ditte York, 62; North Staffordshire, 121; Oxford, Worcester, and Wolverhame- ton, 29; South Devon, 18; South-intern, 741; South Wales, 791; Gce4 Northern 5 per Cent, 1161 ; Ditto 41 per Cent, Redeemable at 10 per Cent Prem., 103; Great Western Birmingham Guaranteed Stock, 73 ; Midland Consolidated Bristol and Birmingham 6 per Cent, 1381; Ditto Preference 41 per Cent, 9S1; Ditto Debentures, 81; South Devon., 171. Miscellaneous —Australian Agricultural, 26 ; Crystal Palace, 21; Electric Telegraph °i i General Screw Steam, 61; General Steam, 25; Peninsular and Drie nte! Steam, 691. Brom Exemssoz, Parser AFTERNOON'.

The English Market has shown much firmness during the week, not- withstanding the Bank rate of discount, 7 per cent, remaining unaltered. Consols have advanced 1, and are now 94a 1, with a tendency still further to improve. It was pretty generally expected that the Bank of England would at their meeting yesterday have made some reduction in the present rate of discount ; but nothing was done further than to announce that, in spite of the late resolution not to lend money upon Stock, they were pre- tared, while the transfer-books are closed, to advance money on Govern- ment Securities till the January Account, at the rate of 7 per cent: and tilde, although customary, is considered favourable. Exchequer Bills have risen 28. today. The Market for Foreign Securities has exhibited little activity, and prices

show scarcely any variation ; operations being chiefly confined to the Turk- ish Six per Cent Stock, in which some fluctuations have daily taken place : the present price is 951 to 961, showing an improvement again of nearly 3 per cent since last Saturday. Some very large purchases have been made today for speculative accounts : Turkish Four per Cents good at 102 to 1021. The rates for continuation on Foreign Stocks have ruled at an average of -8 per cent ; which may be mainly attributed to the existing uncertainty as regards the future determination of the Bank Directors.

In the Railway Markets, there has been a considerable amount of busi-

ness transacted, and Shares have in most instances experienced an advance from 108. to 45a. Great Northern have recovered 158.; Caledonian, 10s. ; London and North-Western, Lancashire and Yorkshire, and Midland, 20s. to 25s. ; London Brighton and South Coast, 308. South-Eastern 25s.; Great Western 308. Coniangos have been exceedingly heinry this ac- count. Although this has been settling-day, a large amount of business has been done.

The transactions in French Shares have been very limited ; but prices

remain steady, with only the following improvements worth noticing— Northern of France, 108. ; Paris and Lyons 308.; Great Central of France, 5s. A little more business has been done today, chiefly in Paris and Lyons. A meeting of the Buenos Ayres Bondholders was held on Wednesday last; when the propositions submitted to the Committee (details of which have been published) were accepted. The Stock has not been affected, and re- mains steady at 84 to 86.

3 per Cent Consols Ditto for Account 3 per Cent Reduced New 3 per Cents

Long AIIMMitiell

94 91 93 93 2 13-11 4 Dutch 24 per Cents Ditto 4 per Cents Mexican 3 per Cents Peruvian 41 per Cents Ditto 3 per Cents 84 6 95 7 N i 546

Bank Stock

.

215 17 Portuguese 3 per Cents 1853 44 6 Bschequer Bills 3 5 Russian 5 per Cents 106 8 India Stock 225 29 Ditto 44 per Cents 946 Austrian 5 per Cents 88 9 Spanish 3 per Cents 411 24 Brazilian 5 per Cents 99 101 Ditto Deferred 231 1

Belgian 4.s per Cents

9.5 7 Sardinian 5 per Cents 90 2 chili= 6 per Cents 103 5 Swedish 4 per Cents 84 7 Danish 5 per Cents 102 4 Turkish 6 per Cents 951 8 Ditto 3 per Cents 835 Ditto 4 per Cents Guaranteed. 1011 2 BANN OP ENGLAND.

An Account, pursuant to the Act 7th and 8th Victoria, cap. 32, for the week ending on Saturday, the 22d day of Nov. 1836. MEL DET•RTMEMT.

£23,761,023 Government Debt £11,013,100 Other Securities 3639,900 Gold Coin and Bullion 9,286,023 Silver Bullion /21,761,023 £23,751,022 DAMMING DEPARTMENT.

£14,913,000 Government Securities ((nein- 3,263,571 ding Dead Weight Annuity) £10,454,567 8,106,931 Other Securities 18,232,446 Notes 4,118,056 Gold and Silver Coin 611,611 £33,518,979 £33,516,879 • Including Exchequer, Saving-Banks, Commissioners of National Debt, dr DIvidendAccts.

The Atlantic Telegraph Company scheme has proved successful. The shares have been so rapidly taken up, that the Directors have felt justified in accepting tenders for the cable, to be shipped by the 31st May. Our Go- vernment have consented to grant 14,000/. a year—or 4 per cent on a capital of 350,000/.—for the conveyance of public messages, until the dividend amounts to 6 per cent, and 10,0001. a year for twenty-five years after. The Government to have priority in the transmission of messages, and to control the tariff of charges. It will also give any assistance required in making soundings or depositing the cable.

It is intended to amalgamate the English and Irish Magnetic Telegraph Company and the British Telegraph Company : the necessary measures to erect the object are now in progress.

Notes issued Proprietors' Capital Rot Public Deposits* Other Deposits 9,733,133 seven Days and other Bills 838,122