The Express.
London, England, 1861-01-05 00:00:00

MONEY JURKET.--(THIS DA 1.)

Two o'CLoct.

The funds to-day are split flat. Little buai-
nogg has been done. Consols are quoted 1.16 per
cent, lower than they closed yesterday. In
the other departments of the Stock Ex-
change business is extremely lam-mid. In a few
instances, including Grand Trunk of Canada Rail-
way stock, prices are a little weaker. The un-
favourable character of the Bank return seems to
have given a check to the markets.

At Paris this morning, acoording to Mr. Reu ter's
telegram, the Three por Cent. Rente4 opened at
67fr. 75c., but receded to 67fr. 56c., being
the same as the last price of yesterday. The tele-
gram states that the flatness is occasioned by the
decline in the English funds.

Consols are officially marked 92} and g,
ex div., for the account. The present quotation is
92 5-16 to 7-16, or 921. The official business report
is as follows :—Three per Cents. Reduced. 921, ;
New Three per Cents., 921, 1; India Five per
Cent. stock, for account, 1011, ex die.; ditto
Four per Cent. Debentures, 1858, 95; ; ditto Bonds,
10s., di& ; Exchequer Bills-, par, 25., 3a. dis.
The foreign stock market is very inanimate.
There is no feature of interest. Turkish bonds are
decidedly dull—the Loan of 1854 at 701 to 1, and
that of 1858 at 561 to 1. Sales are recorded as fol-
lows :—Mexican Three per Cents., for account, 21g;
Portuguese Three per Cents., 1853, for account,
441, ex div. ; Spanish Three per Cents., for ac-
count, 49 ; Turkish Six per Ceuta., 1858, for
account, 561 ; ditto Guaranteed Four per Ceuta.,
1021 ; Venezuela Three per Cents., for account,
201.

HALF-PAST Two O'CLOCK.

Consols are fractionally lower than at 2 o'clock,
being quoted 921 to 11, ex div., for the account.

The movement of the Vienna Bourse continues
to be strongly indicative of panic. The Five per
Cent. Metallic fell on Thursday per cent., and
the exchange on London rose from 144.50 to 147.
A large portion of the gold by the Great Britain
is being refined here. The Asia, which will leave
to-day for New York, is expected to take a con-
siderable amount of specie.
The foreign exchanges yesterday afternoon were
generally firm. The chief alteration was a rise iu
the rates on Italy and Austria. Subjoined is our
usual list :

Amsterdam, 3 mouths, 11.171 to 18 ; ditto .1 days, 11.15
to 16 ; Rotterdam, 3 months, 11.171 to 18 ; Antwerp,
3 months 25.35 to 40; Hamburg, ma. bunco, 3 months,
13.61 to 7 ; Paris, 3 days sight, 25.178 to 221 ; ditto
3 months, 25.55 to 71 ; Fmnkforten-the•Maine, 3
months, 1171 to 118 ; Petersburg (per rouble), 3 moths,
34# to ; Vienna, elf. 110. 3 months, 15.35 to 55;
Trieste, ditto, 3 months, 15.35 to 55 ; Madrid, 3 months,
49 to 3 ; Cadiz, 3 months, 491 to 1 ; Leghorn, 3 months,
25.75 to 80; Genoa, 3 months, 26.70 to 5 ; Milan, 3
months, 25.721 to 78 ; Naples, 3 months, 391 to 40;
Palermo, 3 months, 119 to A ; Messina. 3 months, 1191 to
; Lisbon, 90 days, 521 to 53 ; Oporto. 90 daps. 5211 to 53.
The Bombay mail via Marseilles will be delivered
in London on Monday morning.

Another failure is announced iu the sugar trade.
The house in question is that of Messrs. Hadow
and Son, described as sugar, colonial, and drw
brokers. The amount of their liabilities is believed
to be moderate.

With reference to the suspension of Messrs.
Whistler, Dawson, and King, we are requested to
insert the following circular :

9, Brabant-court, Philpot.lane, Jan. 3.
Gentlemen,—Having just discovered that we have sus-
tained a heavy loss through our junior partner, the amount
of which we cannot at present ascertain, we have thought
it our duty to place our books in the hands of Mr. S. Lowell
Price, of Greaham.street, the accountant. that they may be
thoroughly investigated. We will communicate further
with you as soon as our actual position is ascertained.
Meanwhile, we regret to state that we deem it prudent, for
the interest of our creditors generally, to suspend our pay-
ments. Requesting your forbearance, we are, gentlemen,
yours respectfully,
For WHISTLED, DAMSON AND KING,
0. L. WEIWILIII,
T. DmrsoN.

Mr. William Hancock, timber merchant, of Mill-
wall, who recently failed, having mule au assign-
ment of his property, no meeting of his creditors
will take place. Mr. Hancock's direct liabilities
are not more than about 10,0001., while his assets
show 10s. or 12s. in the pound.
Tenders were reeeived yesterday by the agents
general for the crown oolomes for 160,0001. of Cape
of Good Hope Government Six per Cent. Deben-
tures, bearing interest from the Ist inst. The total
amount applied for was utwards of 500,0001., at
rates ranging from 103 to 10,. The minimum was
fixed at 106, but as the sums tendered at and above
that rate did not reach 160,0001., the whole of the
debentures were not disposed of. It is understood
that the unallotted portion will be offered to the
highest tenderers at the minimum price.
The directors of the Madras Railway Company
notify that the Secretary of State for ludia having
authorised them to raise the sum of 1,000,0001. on
debentures not convertible into stock, they are
prepared to comply with applications to that extent
for debentures at par, bearing interest at 5 per cent.
per annum. The payment of the principal and in-
terest is guaranteed by the Secretary of State fur
India in CounciL The debentures will be for five
years from the Ist January, 1861, and renewable
at the option of the holder for a second term of five
years. The directors will also receive applications
for the limited amount, 194,0001., which remains
to be allotted of the previous debenture loan of
1,000,0001. convertible into stock of the company.
The traffic on the 748 miles of the South
Austrian line of the Lombardo-Venetian Rail-
way Company for the week ending December 22,
wax 34,2181., being 9,1771. more than iu the
corresponding week of 1859 on 687 miles ; and that
on the Lombardo-Venetian line, 4,9661. ; showing
a decrease of 8431.

A memorial has been extensively signed by
London merchants, shipowners, and others, in
favour of the establishment of a system of wet and
dry docks and warehouses at Bombay.
The Broadwater and Maggie have arrived from
China with 1,002,900 lbs. of tea.
The return of the Bank of England for the week
ending Wednesday, Jan. 2, compared with that
for the previous week, shows the following changes :
Circulation Mine £26,411,410 Decrease £157,1&1
Circulation active
Public deposit. 7,275,906 Decrease 85,430
Other deposit. 13,=4,494 Increase 1,252,199
Government seeeriliss is

banking department 9,488,168 Decraue 52,105
Othersecuritim in banking
department
Coin and bullion in both

departments 12,652,639 Decrease 145,280
Seven day and other tills 640,417 Increase. :10,228
The Red

Notes in reserve
. .....
3,899,815 Decrease 1,024,260
Total reserve *teak min)
in banking department 6,616,244 Decrease 1,012,375

These changes are of an unfavourable character,
the resources of the Bank having been trenched
upon to a rather considerable extent. The demand
for loans and discounts was extraordinarily heavy,
and the increase in the private securities is there-
fore no less than 2,314,111/. Although an addi-
tion of a million and a quarter was made to the
private deposits, the " reserve " has declined more
than a million. The decrease in the coin and bul-
lion is not of mach importance. The total of
silver bullion from the Bank of France has increased
from 1 453, 7221. to 1,644,110 L

The Gazette statement of the movements of the
precious metals for the week ending Wednesday
Wt gives the following totals, viz.: Imports of gold,
491,525/. ; exports of gold, 349,2531. ; imports of
silver, 186,271/. ; exports of silver, 15,106/.

BANE OF WM:WM —An Aeoount pursuant to the Act 7th
and tith Vic., c. tor the week ending on Wednesday, Jaw
2, 1861.

ISMS DEPAIVIIINNT.

Notes lamed 4.26,411:4t0 Government debt.. L 11,01410
Other securities 11,460,900
Gold coin and bul-
lion
Sneer buWan 1,1.644.11050

amtn,uo :

426,4U,410