The Express.
London, England, 1864-10-21 00:00:00

MONEY MARKET.--(THIS DAY.)

Two o'OseeE.

The favourable character of the Bank return
caused the stook markets to open this morning at a
general advance, and, though this has not been fully
maintained, the present quotations in most cases are
somewhat above those of yesterday afternoon. The
funds have risen / per cent., and most of the specu-
lative foreign stocks >f to Financial and banking
shares have also improved. Home railway stocks
are comparatively quiet.

_ .
Therein no new feature in the discount market,
which remains quiet at 9 percent. for the best three
months bills. The demand for short loans in the
Stock Exchange is somewhat stronger at 4 per
cent.

Console are now quoted 881 to / for money,
and 881, " buyers," for the account (Novem-
ber 10). The official business report is as
follows :-Three per Cent. Consols, for money,
881, 1; ditto, for account, 881; Three per
Cents. Reduced, 861, ; New Three per
Cents., 861, 87 ; Bank Stock, 237, 236 ; India Five
per Cent. Stock, 1041, 1 ; Five per Cent. " en-
faced " rupee paper, 100, 101 ; Exchequer Bills,
March, 65., 9s. dis. ; ditto June, 125., Ea. die.
Mexican Bonds have risen 1 per cent., and most
of the other speculative foreign stocks are quoted I
to per cent. better than they closed yesterday.
Some of the present quotations are annexed, viz. :
Greek, 211 to ; Mexican, 261 to ; Confederate,
64 to 65 ; Spanish Passive, 291 to 30 ; the Certi-
ficates, 131 to ; Turkish, 1862 Bonds, 70 to 1 ;
and the Consolid6s, 491 to 1. Transactions
are recorded as follows :-Brazilian, 1863, 81,
ex div. ; Milian Six per Cents., 100, ex div.;
Egyptian, second issue, 951, ; Greek, for
acootmt, 211 ; ditto Coupons, 9 ; Italian,
641 ; ditto for account, 641, ; Mexican,
251 ; ditto 1864, 241 ; Moorish, 90 ; Peruvian,
1862, for account. 80 ; Portuguese, 1853,
44, 1; ditto for account, 46! ; ditto
1856, dtc., 461, ; Russian, 1862, 87, 1 ;
ditto 1864, 861, 86, ex div. ; Sardinian, 82 ; ditto,
for account, 821; Spanish Passive, for ac-
count, 291 ; ditto Certificates, for account,
132; Turkish, 1858, 68; ditto 100/. Bond;
69 ; ditto, 1862, for account, 691, 1; ditto,
100/. Bonds, 701, 70, 1 ; Venezuela, 1862, for
account, 551, 1; ditto, 1864, 431.
International Financial shares are now quoted
1 to 1 prem. ; London Financial, 6 to 1
prem. ; General Credit, 11 to 21 prem. ;
Imperial and Mercantile Credit, 11 to 1 prem. ;
Hudson's Bay, 15 to ; Ottoman SocieU Gdn6-
rale, to 1 prem. ; and Anglo-Egyptian Bank, 11
to 11 clis.
The sum of 9,0001. in gold was sent into the Bank
yesterday.

The Delhi, from Alexandria, has brought 15,0001.
in specie.

The shipments of specie for the East by the
steamer Ceylon, which left yesterday, reached only
76,9841., including 47,783/. for Hong Kong, and
20,2261. for Madras ; 6,0751. is gold, and the rest
silver.

Messrs. Galbraith, Bigknd, and Co., East India
and China merchants, stopped payment yesterday,
owing to the failure of their correspondents at Shang-
bee, together with other heavy loPses. The liabi-
lities are computed at about 1E4,0001., the greater
part of which is stated to be secured, so that the
amount expected to rank against the estate is com-
paratively small. The assets will to a great ex-
tent depend upon the realisation of consignments
to the East. Messrs. Harding, Pullein, Whinvey,
and Gibbons, the accountants, will investigate the
books.

The failure is also announced of Messrs. Manning
and Collyer, hemp and jute brokers. Their liabi-
lities reach about 100,0001., but they are mostly
covered by securities. With respect to the li9nids-
tion, it will be seen by reference to the subjoined
circular, which has been issued to the creditors, that
the partners believe themse:ves able to eventually
pay 20s. in the pound :
London, Oct. 20, 1864.
Gentlemen,—We much regret to inform you that in the
interest of our creditors generally we have decided to sop
peed payment. The inability of many of our buyers to
meet their engagement; and the extreme depreciation in
the value of securities upon which we have advanced
largely, has mainly influenced as in adopting this coarse.
Having until very lately praise scd • considerable surplus,we
believe that if our estate is judiciously realised it will prove
namely, if not quite, sufficient to enable as eventually to pay
all our liabilities in full. Our books ere closely written up,
sad we have placed them in the hands of Names. Kemp,
Ford, and Co., to prepare a statement of our affairs. In
the meantime we request the favour of your indulgence.—
We axe, he., M. Csw,u and COLLYZJI.

We have received the following letter from
Mown. Bullock and Fernyhough, whose stoppage
has been lately announced :