The Express.
London, England, 1857-12-09 00:00:00

TRAFFIC RETURNS.

Kenyan. rim Pr N. Telsl. ?Mel
am. err. dram LIU. UN.
A A 4
Week imam Nov. ft gy
lama Deolik . . !•
leek DeSol433g. i ciao Tan
We* oar Dee. I.
awe• awl hoe Demos .. ver
Week nibs Des. &
imm as 343 NT 1.010 7411
Palk Lewin 1.31r 017 1.334
1111101=103mie I.w 17 7% 47 1.2

MONEY MARKET-THIS DAY.

Two o'CLoci.

The funds this morning opened with buoyancy,
and attained a fresh rise of to 1 per cent. A re-
action then set in, but prices are still quoted
1 per cent. better than at 4 o'clock yesterday. Two
more members of the Stock Exchange have failed
this morning.
Consols opened at 901 to 91 cx die. for the Bth
January, rose to 911, and are now quoted 911 to 1.
The transfer books are now shut, but transactions
are recorded for money at 911 to 921 cam die.
The Three per Cent. Reduced are marked 901
to 911; the New Three per Cents., 901 to
911; Bank Stock, 2181 to 218; Exchequer Bonds,
1858, 99 to 991; ditto, 1859, 981; and India Bonds,
355. to 335. dis.

Turkish Six per Cents. are rather dull at 911 to
921; Spanish Bonds arc more inquired for ;
and all other foreign stocks very quiet. Bales
are recorded u follows :—Buenos Ayres Bonds, at
86 ; Spanish Old Three per Cents., for wooing (16th
Dec.), at 411 and 41; ditto New Deferred Three
per Cents., for account, at 261 ; Turkish Six per
Cents., for account (16th Dec.), at 92 and 911; ditto
Guaranteed Four per Cents., at WI.
The steamer Tamar has arrived at Southampton
from Alexandria with 305,7691. in Australian gold
on height. The letters are expected to be delivered
in London this evening.

At the Bank of England and in the discount mar-
ket there was yesterday a fair demand for money, but
no sign of pressure. The Bank yesterday purchased
►bout 266,0001. in gold, of which 224,0001. was in
bars, and the rest in coin. They also purchased, in
addition, upwards of 100,0001. in sovereigns, brought
by the Arabia, from New York. The total amount
of newly imported gold bought by the establish-
ment since the date of the last return is thus raised
to upwards of half a million. Notwithstanding,
however, this important influx of bullion, and the
simultaneous but more gradual addition to the re-
serve which is always witnessed at this period of
the quarter, when the general circulation becomes
gradually contracted, there seems no immediate
prospect of a reduction in the rate of discount. The
market is undoubtedly moving in that direction,
and there is no difficulty in obtaining dis-
count of short first-class paper below the
Bank rats ; but the Bank directors will
evidently exercise great caution. It must be
remembered that the Bank will be called upon
to pay the January dividends, the release of
which usually occasions, for the time, a diminution
of something like two millions in the "reserve."
Their reserve is still very low, and must experience
an important increase before the directors will alter
the rate.

In the Stock Exchange yesterday loans on Consols
from day to day commanded 3to 6 per omit. There
is a large amount of capital seeking temporary em-
ployment in this channel, many persons who hold
large balances being afraid of employing them in
other directions. For loans on Consols for a month
the rate was 8 to 81 per cent.

The rate of discount at Hamburg is about ten per
cent., but accommodation is obtained with difficulty.
The transfer books for Consols and India Stock
were shut yesterday for the dividend. The books
for the New Three-and-a-Half per Cents. ; New
Two-and-a-Half per Cents. ; New Five per Cents. ;
Annuities, expiring in Jan., 1800; and Annuities,
expiring in Jan., 1880, will be closed on Friday
next.

The amount of silver shipped on board the steamer
Neptune, which will leave the Thames to-day
for Hamburg, is about 66,0001. The demand for
silver for remittance to that city continues active.
The amount of specie shipped up to yesterday
afternoon on board the steamer Avon, for the Brazils,
is a few hundred pounds only.
About 20,0001. in silver reached the Thames on
Monday from the Continent.
The precise amount of specie taken out by the
Alhambra to the Peninsula is 10,6321.
On 'Change yesterday little business was done in
bills on the Continent, owing to the state of credit.
In most cases the rates were nominally quoted the
same as on Friday. The quotation for short bills
on Paris was rather lower, and for paper on Austria
and St. Petersburg somewhat higher. The current
rates are shown below:
Ametwdsm, three months, 12.3 to • do., short
11.18 to 12; Rotteedsm, three meths, 12.3' Is 4; Ant-
ir.m.thres maths, 26.80 to 90 ; Riunbarg Banco, three
—t-
-13.13 to 14 ; Perk, three days' eight, 25.40 to 60 ;
d•to7ares months, 6.96 to 26.6; Prankfart-ou-the-Maise,
three watts, 1214 to 1224 ; Petersburg, per rouble, three
months, 33 to ; Veen; ed. 80, three moethe, 11.10 to 20;
Trieste, &to, three months, 11.10 to 20; throe
months, 47 to 4 ; Cadiz, throe months, 474 to 40 ; Leghorn,
three months, 30.60 to 70 ; Genoa, three month., 26.25 to
35 ; Naples, three month., 404 to 4 ; Pslermo, three
months, 123 to 124 ; Marina, these months, 123 to 124;
Lisbon, 90 der, 614 to f ; Oporto, 90 days, 62i to 4.
Messrs. Lichtenstein and Co., engaged in trade
with the Continent, have stopped payment: with
liabilities estimated at about 30,0001. Their circular
is annexed :

47, Lime-street, Dee. 7.
It Is with the greatest regret that we find ourselves nada
the necessity of sououaciag that we have invaded m-
amas.

The Wars of houses on the Continent, and the commercial
arrEngland,have compelled tie to take this asp; but
hrlher Wares take yylla.oroe, we trust that the liquid*.
don ot our affairs will be
Oar books are placed In the bands.of Messrs. J. B. Cole-
man and Co., who will u early a. posable submit a state-
ment of oar affairs. Licdriartma and Co.

Mews. D. Courtla and Co., a Greek firm, of New
Brad-street, have also failed. Their liabilities are
not expected to exceed 25,000/. or 30,0001.
Subjoined is a circular issued by Marrs. Krell and
Cohn, whom stoppage was announced yesterday :

--
No. 4, Pancresjane, London.
Sir,—Owing to the great difficulty we have exparitmced in
obtaining payment of the debts doe to us, sad to heavy losers
we have sustained by imam in Austria and other parts of
the Continent, we deeply regret to inform you that we have
been compelled to suspend oar payments. Oar principal
London creditors have instructed Messrs. Parrish:a, W-
herry, and Co., of this oily, secountanta, to investigate the
agate of oar affairs, end the result will be submitted es soon
as poseible to our creditors.
We replant the favour of a statement of your claim.
W. see, sir, your obedient servants,
Haim. pill Cony.

The following circulars have been issued, con-
vening meetings of the creditors of Messrs. Herman,
Sillem, Son, and Co., and Meows. Oarriasen, Huffel,
and Co., who lately stopped :
67, Coleman street.

Sir,—You are requested to &need •meMing of the creditors
of Messrs. Hermaa, Sigma Bon, snd Ca of Crosby-square,
to be held at the London Tams, Hishopegate-street, on
,
Tuesday, the 15th last. at 12 o'clock precisely, when a mate-
meet of th, it &Stirs be submitted. In event of your
being unable to attend personally, it I. desirable that you
should be reprmented by some person duly authorised to set
an y7our leb•lf.—We are, &c., QIILTES, BALL, and Co.
Loodost, lire. 6.
P.S.—ls ocerequenos of the usetpmted demised Mn.
Gedechens the wife of the Mier puler, the above meeting
Is postponed sant Tuesday the 20,nd Instant., at the same
Sees and h .ar.
December Mt.

57, Coleman-street, London, Dee. 7.
sir,—You are requested to attend a meeting of the wadi-
ton of Mews. Gorrisess, Buffet, end Co., of 1, Royal Er-
changs-buildinir to be held at the London Tavern, Bishops-
gate-street, on Thursday, the 17th inst., at 12 o'clock
y, when a malignant of their affairs will be submitted.
fralntt of your being unable to attend personally, it Is
desirable that you should !aitrepraaeated by some person duly
authorised to actor year behalf: We are, in, your most
obedient servants, QUILTZZ, BALL, and Co.

. .
A meeting of the creditors of Mears. Luckmin
and Catching, wholesale furriers, 8:c. who suspended
payment on the 23rd alt., was held yesterday,when a
proposition was made to pay 7s. in the pound.
however, was not agreed to by the creditors present.
After some discussion it was agreed to allow the
firm one week from the present date with a view to
their increasing the offer to Bs. 6d., and a committee
of three creditors was appointed to report the result
to the rest. The statement of accounts presented by
Mears. Parrinton and Ladbttry, the accountants,
states the total liabilities at 20,7111., and the assets
at 10,1071.

nt: public sales of sugar yesterday went off at ra-
ther irregular prises ; a reduction varying from 6d.