The Express.
London, England, 1847-02-18 00:00:00

MONEY MARKET.

WEDNESDAY &VINING.
The extraordinary majority by which the Irish
railway scheme was repudiated last night in the House of
COInnODS has been hailed in City circles with great gratifi-
cation. Consols opened in consequence at the improved
prices of 901 to 1, and have since advanced to 91 to 1 for
money and account, and so left off. Reduced Threes, 911 to
1. Three-and-a Quarter per Cents., 921 to 3. Exche-
quer Bills, Is. to 6s. pm. India Bends, 5.1. to 10s. pm.
India Stock, 249 to 51. Bank Stock, 203 to 4. There
has been a fair amount of business transacted, but without
any operations of large extent.
The transactions in foreign stocks have not been of much
consideration, although somewhat more varied than usual.
A bargain was done in Austrian at 110, which is a rather
rare occurrence. Brazilian were 85 to 7, with the dealings
generally at the intermediate terms of 86 and 861. New
Granada, 19 to 20. Mexican, 22 to 1. Spanish Fives ad-
vanced to 25 to 1 ; the Threes to 3,51 to 1 ; the Deferred to
17 to 18; Passive to 51 to 1. Dutch Two-and a-Half per
Ceuta., 581 to I ; the Fours, 921 to 1.
The following brief review, prepared and condensed from
multiplied officel returns, will present, it is believed, a more
simplified and intelligible view of the note circulation of the
United Kingdom, and of the coin an/ bullion held by the
banks indicated, both positively at the dote of the accounts
last made up, and comparatively with returns for anterior
corresponding periods, than if the statement were overlaid
with a redundancy of figures, and repetition of details, un-
interesting to the general, and little important to the special
and more enquiring, reader.
The aggregate average note circulation of the United King-
dom, according to the returns last collectively completed for
all the banks of issue, stood, for the four weeks ending on
the 30th of Jan., as follows :
Bank of England £20,46,155
Private Banks
Joint Stock Banks 9,268,118
Irish Banks 7,268,126
Scotch Banks 3,571,234
Total note circalation £29,433,717
The returns for the tour weeks
ending Jan. 2, gave= aggregate
average of
Increase, Jan. 30
The increase was thus composed on balance for England
the total increase was 1,163,8001., of which the Bank of Eng.
land for 897,4011. ; private banks, 161,774!. ; joint steak
banks, 104,622!. Decrease, Ireland, 255,9881. ; for Seotlend,
212,9131. It must be ebeerved, however, that in the retnrna
for Scotland those for the Dundee bank are wanting to the
date, and are not yet supplied.
The fixed issues of the private banks being 4,999,4441.; it
follows they were below the amount 311,6641. by the returns
of January 30.
The fixed issues of the joint stock banks being 3,418,2771.,
it follows they were below the amount 150,1591. by the same
returns.
The fixed issues of the Irish banks being 6,354,4941., it fol-
lows they were 904,9321. above the amount; but with coin
to cover the excess, and issues to the extent of 1,478,3041.
besides, by the same returns.
The fixed issues et the Scotch banks being 3,087,209/., it
follows that they were above the amount, but with coin to
cover the excess, and issues to the extent of 852,9991.
besides.
The average of coin and bullion held by, the Bank of
England for the four weeks ending with January 30, was
13,650,310/. ; decrease on average from the previous four '
I weeks' return, 1,433,2901.
1 The aversgc or specie held by the banks of Ireland on the
return' of Jan. 30, nas 2,383,12361.; decrease from the pre-
, 1 ceding return. 221,7761. The average of the Sootch banks,
by the present return, wu 1,340,0281. ; decrease ftom the
preceding return, 44,3591.
The yearly comparison of the aure_gate note circulation of
, the United Kingdom, between len. 30, this year, and Jan.
31, 1846 (the figures for the later being taken from the
Bankers' Almanack), will stand des:
1817.—Bank of England, desresag. t511,757
Printe bent" image 8171,723
Joint Stock, trimmer 13,611
Irish banks, eecrcase
Scotch bunko, Increase

663,062
Deduct increase 379,43.32

Dearman Jan 14 1147 13,430
The same yearly conipiriaon for coin and bullion will
stand thus:
IN47.—Neat of England, blown E 444,514
banks, decrease 1147.7116
&olds banks, imams

803,310
Deduct deem at
Inneade, 031 a and bulb" 30L 30,11347 1137,373