The Express.
London, England, 1847-11-16 00:00:00

MONEY MARKET.

MONDAT EVENING.
The instability of markets and prices was never
perhaps exemplified more strongly, if not strangely,
than to-day. Upon reports that the French renter
came 1 per cent. worse frem Paris, caused by
another rumoured attempt on the life of the King, and
the formal commencement of the civil war in Switzer-

land by an attack upon, and capture of, Friburg,
Consols began rapidly to decline, and descended at
one time as low as 834 to both for money and time.
At the close of business they had recovered only so
far as 831 to t. The extent of the fall from the high-
est opening prices of 844 to 3 to the lowest quotation
was 11 per cent; and as between the opening and
the close of business 11 per cent So rapid and ex-
traordinary a rate of depression seemed to point to
the occurrence of some sinister events abroad, such as
the entrance of an Austrian army of intervention into
Switzerland, a conspiracy in Paris, &c. The French
funds had fallen to the extent before stated at Tor-
toni's, where, the Bourse being of course closed, the
jobbers congregate on a Sunday. A cause nearer home
appeared, on the notification of the suspension of the
eminent firm of produce brokers of Messrs. Trueman
and Cook of Mincing-lane. Reduced Threes fell to 821
to 1. Three-and-a-Quarter per Cents., 831 to 4. Ex-
chequer Bills, Is. discount to Is. premium. India
Bonds, 20s. to 13a. discount Bank Stock, 187 to 9.
Foreign stocks were quoted rather better early in
the day, but gave way subsequently, and were heavy
i with little doing at former quotations. Dutch Two-
and-a-Half per Cents. were 531 to 4 • the Fours, 83
to 4. Spaineh Fives, 161 to 1 ; the Threes, 271 to t.
Mexican, 151 to 16. Brazilian, 77 to 9. Portuguese,
20 to 2.

Messrs. Trueman and Cook, whose tru9onsion is
referred to above, have issued the two careulars fol-
lowing to their creditors this evening, in the first of
which is stated the necessity of the position under
which they-have unfortunately been placed, but in a
quiet manner gives reason to hope that the stoppage
will be bat " temporary," and that the statement of
their affairs in preparation would afford " satisfaction
and confidence as to the result" The second circular

announces the establishment of a separate concern for
the purpose of carrying en and securing the regular
brokerage busineas of the house, for the a0001111:110411-
lion and protection of ermagning connexions.
Lei" Nov. 13, 1817.—Osollems,—Tbeleactsseitmeil proms
M als lines and the swift of peperly et the prime dement
prime. TM& weald beams wassory he the bee Mime et die
heavy smsgemesis dill Yee ends* Emitted spa m :Wes
el
Mesr MI /MO7 et ear 11111=sisms sod Musk Yves K
atisebesel
us Set So pees vet le nobs say hear pupate. Ite meet
Me *memo inessesimiee WM& Wis evens v• esessies, bet we
ii We rain Is Wag eleimeat et Ger sibs MMus the pa-
des felsessMel. sai us bens se asset OM web delemisteM due
sedeislim sed sedderee es be die suit.—We srs. gmblunen,
yet ebeMentormis, Taunus errs Cers.
lessisa,
tear, es Mg sew. IS, 11147.—Outimes,—MMIL tellirem le the en-
nead gto Lim pm est we has ben ebbed not
to swot say WeillIMIV 11111111111111. babe 11/11,411 Old IPS My rely
ou fb aulbsell smat dew me Opt tie Mims bssU
eau be anis! ea Masa ;Meiling or siblei by our isiltleg
UMW's. Wilk ON 'Meet la slew a risme Ms use
opened the seam et Mr. J. Treemes, IL T. Wbel.
sor siMMr.b J. P. lissole (set sesteer as Is); sod every new
utilisation willjaeei=ledest ; Istrie Ms Are
wl/1 stye their townies the of
our estele.--Beessetlelly saibedes we esolimease to Mal coo-
teems eel wessuft tibia we Yee so keg received teen you, we
an nun. obelleat serve" Taunus and Coot.
The suspension of this great produce house can
hardly fail of proving extremely prejudicial for some
time to the interests of the
wholesale grocery. houses.
Mears. Truman and Cook were in the habit of
affording them credit with their purchases upon a
very liberal scale, by which they were enabled in
continuation to avail themselves, by granting the
like accommodation to their retail customers.

The meeting of the creditors of Messrs. Judah
Cohen and Son was held to-day, and a balance-sheet
exhibited, bat no copies given out. The liabilities
were stated at about 42,000/. ; the. assets were de-
scribed ;to be of a good description, and equal
to the payment of 17s. in the pound nominally, but a
suggestion was made that Messrs. Cohen should com-
promise for a fixed sum. Ten shillings in the pound
was the ratio named. Eventually the meeting was
adjourned for the examination of accounts, and to de-
termine the best course to be adopted.
It is stated in letters from Liverpool that the estate
of Messrs. J. B. Brancker and Sons of that place will
show liabilities to the amount of about 80,0001. The
meeting of creditors takes place there to-morrow ; as
also of the concern of Livingstone, Syers, and Co.

Bank Mak. 187 9 KNOLIBI
333 3
mOset. Bed. Anna,
3 met. Ons.Aissa.B 5 4i 31 1
81 per et.,Atuu...8.548 41 64 4i Si
Loaf Ames. tap. bib Jan., 1818,

FUNDS.
India Bonds. under #1 000 14 10 13
Comols for Acct., 811/2 i3l
Exabecluer per
pm 1 die. 1 pm.
Ditto ZOO, par 3 vox
D110413=14 7 3 Pm

1011711(1P
5 per Cent. Austrian Bon,* 10 Ou.
E. 101
6 per Cent. PrasiHan Bonds, 78
b per Cont. Portuguese Sonds, 77
4 per Cent. Ditto. 95 20.1
per CI. Smalls s, 111,
trees Nov.. 1840. Bond

FUNDS.
3 per Ct. Ifealesa 18142 151 I*
I per Ct. Spanish ?moire
21 per Ct. Vexerostationdr.lB 14
2I per Cent. Dutch lalrchaore. llii
D 1
per Con d. rrutett Certif., 834

THE LIVERPOOL BANKS.

. _
The committee of proprietors of the Royal Bank is
prepared to recommend the re-opening of the bank on the
Ist of December next. It is undentoa says. the Liverpool
A/bion, that an entire change is to be made in the deed of
settlement, and also in the mode of the general manage-
ment ; and we have little doubt that, after the experience
which the shareholders have had, the bank, upon an extended
and more secure basis, will again enjoy the confidence of all
classes ; and, from the state of the accounts, and from other
circumstances, that it will speedily become one of the most
flourishing concerns in the town. The London agency of
the bank will in future be the London Joint Stock Bank.
The re-opening of the North and South Wales Bank will
also be very shortly announced. The proprietors have in
the meantime been summoned to meet oaths Ist December,
to take into consideration the present position of ,the bank,
and the measures necessary to be taken for the resumption
of business. The general feeling towards the bank is of the
most gratifying character ; and we are informed, on the best
authority, that the depositors almost unanimously have al-
ready signified their acceptance of the terms proffered by the
bank with regard to their deposits. These terms partake of
the nature of those adopted by the Royal Bank.
The Liverpool Banking Company, we believe, may also be
expected shortly toes rume. The capital of the hank remains un-
touched ; and probably the re-opening of the establishment
will be determined upon at the meeting of the proprietors on
the 30th.
At a special board of directors of the Liverpool Banking
Company, held at the bank, Nor. 10, 1847, it was resolved
that a tall of 21- pee shin be made upon each of the pro
prieton of thin Waft( mapeny, and thug any be wadi
to pay the emu alba bank ef the einigiony, is South Caeir
street, Liverpool. ea ;or bane Wade/. On 20th Deasnabar
ant, bourns the bray dun *Wink, INA dist •
of dm pwerMaissiesas&
le bea/das mow
rroldi rtimargliverisa Rasiffig. k Moak
aL J
word, ea Tweeirr, Ike Mk ormals N k,;11:: nit*.

The following is a statement of the Liverpool Banking
Company :
a. d.
Amount =.4up
land
27,773 18 5
CocUnpabey accounts 2,357 9 ft
Intereet and cotausimice from 30th of June to
19th of October, estimated upon the rub of
the previous half-year 5,276 3 8

142,007 11 9

AMIVR.
Cash and bills, not at maturity, on hand 19th October 49,166 1 7
Bills on hood, peat due, being upon
1 pasties who have suspended payment 14,968 1 0
Estimated to produce
Amount due to the bank from current
152,028 10 2
1100Di:won...its
aatnnatad
In.
on
and
and
doubtful debts

143,349 10 2
Bank premien, including Inustioine in Benno-garden 6,423 3 1
intimated interest and pomaded= u above 5,27G 3 B

Upon bills in circulation and in hand . f321.27S 13 3

215,009 18 6

Of the stove 22,129/. ss. 9d. are upon
parties who have suspended payment ;
taking into consideration solvent en-
d.oreen and other circumstances. the
loft la estimated at .
Amount owing by the teak to aunt
601,041 Ate 47,387 4 5
Ditto to deposit sceowits 36,069 6 11
Amount of proprietors' dividends not
cated for 251 10 0
.C 91,788 4

Estimated surplus £123,241 14 1

N.B. The bills upon pinks wbo have suspended payment, and the
debts due from current accounts to the bank. have been estimated
upon the beet Information procurable up to the 1 ttb of Nov., 1847.
Stringent measures have been in some few necessary in-
stances resolved and acted upon by the directory of the bank
to enforce the payment of accounts due.

EXCHANGES AND STOCKS ABROAD.
MODeirt, Nur. B.—Three per Canto.. 281 9.16 at 50 days, 261118 cash
Vivo per Coats., 14# paper ; 14 cash ; Parkes, 41 paper' Coupons, 11
paper ; Bonk of St. Ire: <Snead, 12.5; Beak of ht. Labelle. 114. LR
change Co London. 45 70.108.
Menus°. Nov. 12.—Austrien Five par Cents., 104 ; Bank She.
LEBO ; Russian Eng. Loan, 104 ; Fire pat Cent. Homb. Certif., 10.4
money; Ist Series Inscrip, 101 ; Hop, and Co., Thlri and Fourth
&vies. 95; Ditto Certifs., 801; New Your per Celltd.. Stienlits, 861;
Spanish New Five per Cents., 121 bills, 123 money ; Three per
Cents., 23 bills, 221 money: Fortuguaw English Loon, Twownd.a- Half
per Cents.. 21 ; Dutch Act. Debt. Twowndw-Half per Cents., 54;
Polish New Four par Cont. I.oan, 1844, 79; Danish Englisb Loon, Three
ler 801 bills, i9l# money. Exchanger on London, 13.101
month.. 13.0 j ; Christiania, Nor. 3, throe munthog.BB: Stockholm. Nov.
5, iv days, 12; Berlin , Nov. 11, three months, 0. .
DROLL Yu, Nuv. 13.—Loan of 1040.99; Ditto, 1844. 923;
1835, 673; Loam of the City, 1843. 95; Book of Belgium. 83.
F 1131... Nov. B..—AnWaien Five per (Xmas.. 194 1.16 ; Ditto. Font per
Cents., 001; Ditto, Thom per Cants., 84: Ditto, Twowndw-Holf per
Cents.. 521' Loom of 18341554; DAM, lti3S. 115 i ; Dank Shur,, 1,008
Esterhasy Loan, 611.

MIMIC/LH BOND DIVIDEND6.-Sir,-I am a Mexican
bondholder, but, living in the country, and only an occa-
sional visitant to the metropolis, cannot go to Messrs. J.
Schneider and Co. for that information which long since I
hoped would have appeared in the newspaper.. " A Mex-
ican Bondholder," who writes in the Times this week, asks
"in what security they (the funds) are invested ?" Messrs.
J. S. and Co. must now have more than one hundred thou-
sand pounds in their hands ; and, whether this sum will pay
4,4, or of a dividend, I should consider it far better in my
custody than with others, in these perilous times. I was not
aware that Messrs. J. S. and Co. had any authority to invest
in any security, discount bills, or to lend the money trans-
mitted from Mexico, or even to use it, except as it would, pro
toot°, pay dividends overdue. The bondholders should have
• committee that will are this fulfilled, and prevent its use
for jobbing purposes. The first and second dividends overdue
are the let. Jan. and Ist July, 1847.—J. W. D.—Tunbridge,
Nov. 11, 1847.