The Express.
London, England, 1858-12-07 00:00:00

MONEY AfAVET-TBIS DAY.

Two c'eLoci.

The funds to-day have declined 1 per cent., owing
solely to the arrangements in oonnexion with the
settlement in Console, upon the completion of which
the rate of " continuation " has advanced
to 1 per cent., "givers." The other markets, how-
ever, are firmer in character. English and French
railway shares have improved. The government
broker has made his usual small purchase of Re-
awed Three per Cent. Stock on public account.
Consols are dull, at 971, "sellers" for money, and
981 to 1 (or equal to 961 to /ex div.), for the 11th
of Jan. The Three per Cents. Reduced have been
dealt in at 961 to f, ; the New Three per Cents., at
961 to 1; India Stock (shut), at 228; Indian De-
bentures, of the first Josue, at 991 ; Exchequer
Bills, March, at 345. prem.; ditto June, at 32e.
prem.
Very little business hu been done In the
foreign stock market. The new Turkish Loan
is dull; the scrip of the first series in
quoted Ito die., and that of the second
series, I to 1 prem. The Six per Cents.,
of 1854, are steady, at 921 to Sales
are recorded u follows :—Chilian Foar-and-
a-Half per Cents., 1868 (scrip), / prom. ;
Dutch Four per Cent. Certificates, 1001;
Spanish Three per Cents., for account, 47 ;
Turkish Six per Cents., 1854, for account, 921,
921; ditto Six per Cents., 1868 (scrip of the first
series), for account, dis.; Venezuela Five per
Cents., for account, 421.

The scrip of the new Chilian Loan, which isto-day
placed upon the Stock Exchange list, remains
quoted j to f prem.
The transfer books for Consols will be closed to-
morrow (Wednesday) afterncon.
A second dividend of 2a. 6d. in the pound has
just been declared upon the estate of Messrs. Alex-
ander Hintz and Co., who failed in the orisin of last
autumn.

There were no bullion operations at the Bank yes-
terday, bat it is expected that the bulk of the 339,00 W.
in Australian gold ex the Dover Castle, which
reached London yesterday, will be sent into that esta-
blishment to-day, the continental demand having.
materially slackened. A portion of the 40,8001.
specie ex the Asia, from New York, may also perhaps
be retained here. A sum of about 66,0001, in Rumen
gold coin, which came to hand yesterday, will be
sent to the Continent, having been cold prior to its
arrival. Another parcel of 60,0001 is expected in a
day or two.
The 4th of the month having passed, the demand
for money in commercial channels was rather less
active yesterday. Apart from exceptional transactions,
however, the rates for choice bills were not below 21
to 24 per cent. At the Bank there were a moderate
number of applications.
The Tamar has brought 16,5831. in specie from the
Bran ha.
The exchange at New York on London having re-
covered to 109} to 4, there is an improved prospect
of moderate remittances of gold to this side.
It is believed that the shipments of silver by the
Bombay steamer on the 11th test. will reach 160,00 W.
or 200,0001.
The bar silver by the West India paaket, was sold
yesterday for the Bast at fo. lid. per ounce standard,
showing no alteration compared with the price ob-
tained for the supply by the previous packet. The
Mexican dollars were likewise disposed of at 6s. Old.
per ounce, showing a rise of Old.
The suspensions announced of Messrs. Hicks and
Gadsden, American merchants, principally in the
cotton trade, with liabilities estimated at about
60,0001. The subjoined circular to the creditors has
been issued :

18, Great St. Helen's, Dec. 6.
Glatlemen,—We deeply regret to inform you that, in con—
sequence of the depreciation to the value of produce coming
forward on our szoount, we have been compelled to suspend
our payments. Our bookie are In the kande of maser.
Quilter, Hall, Jay, and Co., who will prepare a eil*west of
our 'Wm, and submit the some to our creditors at the
earliest portable moment. In the cuseathne we beg to re-
quest your forbearance, sod we, Etoa
GIME sd GADSDEN.

A meeting of the creditors of Messrs. James
Davin and bon, boot and shoe mannfacturers, &c.,
who failed on the 29th ult., is called for Monday
next. _ _

Two more heavy Indian railway calls are an-
nounced, viz., one of 61. on Madras Railway 3rd.
Extension shares, payable by the 28th inst., and.
another of 51. on East Indian Railway E Exten-
sion shares, payable by the 14th January. These
announcements are calculated to further prejudice
the market fc.r Indian railway shares, the more
especially as the Council for India evince a dispo-
sition to tyrant fresh guarantees, without regard to
the capabilities of the market. A number of the
holders of scrip of the Great Southern of India
Railway Company, which has lately obtained
a five per cent. guarantee, are even now
considering whether it is worth their while
to pay the call about to fall doe. The stocks
of several other companies enjoying a similar gua-
rantee have fallen to par, or a slight discount, not
Benin? distrust of the security, bat simply because
the mallet is, for the time, glutted.
We understand that the advioss received yesterday
by the Pernambaoo Railway Company describe the-
health of the company's staff as satisfactory.
The Brighton railway traffic return shows this
week an increase of 2471.
The traffic return of the Great Western Railway
of Canada shows a decrease of 1,2781. sterling.
A special general meeting of the Eastern Stearn
Navigation Company, limited, is called for the 17th,
inst., to confirm the reeolutions for the voluntary
winding up of the company, as well as the arrange-
ments between it and the Great Ship Company
(Suited).
Tke half yearly meeting of the Canada (Land)
Ornapany is called for the 30th inst., end the ad-
=gannul meeting of the South Australian.
Company for the 21st instant.
The half-early interest is advertised on Matanne
and Saban illa (Cuba) Railway Bonds.

MONDAY MYIN/Jfe.

The funds showed more limner this morning, as
improvement of per cent. being quoted, but this
proved merely temporary, and the fuel quotations
were the same as those of yesterday.
In the other departments of the Stock Exchange
the immediate tendency to-day was rather favourable.
English and French railway stocks meeting with.
some inquiry ; but the transamiona were by no means
extensive, and the appearance of the markets at Or
dose of humilities was rather dull. Wish railway
stocks, however, fully support the improvement
which followed the announcement of the agreement
between the London and North Western and Great

•
Northern Companies.
Consols, which closed on Saturday at 971 to 98,
for money and to-morrow's settlement, opened this
morning at the same quotation, advanoed to 98 1-16:
to 1, and had relapsed at the close to 97/ to 98. For,
the 11th January the last prise was 98/ to 1. Thar
official Mahlon report is as follows:--Three pie
Cent. Ocsuok, for money, 98, 971, 981; ditto, M'
amount (7th December), 971, 98, 981 ; .Three peg!
Oents. Reduced, 9431, 1, ; New Three per Cents,•
961, 961; 30 Years Annuities, expiring in A
1884, 181, 18 3413 ; Indian Four per Cent. Debem.
tares, of the first issue, 991, 991; 'rhrewond-w•Halt.
per Cent. Exchequer Bonds, falling payable in May
next, 1001.
The Indian Four per Cent. Debentures of both
issues remain quoted 991 to 1.
The March Exchequer Bills have again declined
Is., closing at 345. to 375. prem. The June
Bills remain quoted 33e. to 98s. press. Them is
now a difference of only Is. between the prices of
the two issues.
In the foreign stock market the prh,1:141110,94.
meat was in the new Turkish Loan, after
rising to 1 dia. to 1 prem. for the first seam and 5,
to 1 prem. for the mooed, be relapsed at the eitow
to 1 to die. for the former, and g top prom for the.
Law.