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

COLONIAL.

, TEA—The public sales continued to pregress rather
'lowly, at slightly reduced prices.
SUGAR—The market has presented rather less animation,
uthough prices have undergone no material change. In
le refined department the continued scarcity of goods on
)ifr cause full rates to be current.

COFFEE—A moderate amount of business has been done
a colonial descriptions at full rates.
IcE—The dealings have been to a fair extent, and late
?aces have been well supported.
TALLow—The market has continued very dull, and few
ealiogs have taken place either for present or forward
il
eliveTY. P.Y.C. on the spot is quoted 39s to 39s 6d, De.
Taber 40s 6d, and Jaauary to March 41s to 41s 3d per cwt.

MONEY MARKET

AND

COMMERCIAL INTELLIGENCE,

CITY, TWELVE O'CLOCK.

The returns published this morning, both from
the Banks of England and France, being more
"atisfactory than could under recent circumstances
Da expected, a very favourable feeling has conse-
luently been produced in monetary and commercial
Aro". The discount houses, under the encourag-
eginfluence, the simultaneous appearance the two
national banks' balance sheets have promoted, are
.viricieg greater inclination to enter into new busi-
less. In fact, several transactions have already been
ePerted at a trifle below the official minimum of 9
Per cent., but as the mercantile community are
loubtless under the impression that if affairs pro-
Oess greater facilities will be afforded them have
ant been borrowers to any large extent.
About £9,000 in gold was taken into the Bank
Yesterday.
The Ceylon, which left yesterday for the East,
naly'conveyed £77,024.
The Bank of England return issued last evening
'bows that the establishment has not been subjected
o the unfavourable changes which might have been
naticipated. The payment of the dividends has
reduced the bullion and reserve of notes to a very
r fling ex`ent, but the large demand for accommo•
Ration has necessitated the authorities to borrow
rather largely upon the Government Securities.
Subjoined are the particulars :
Active Circulation ..
Increase ..
Bullion ..
_ Decrease

£21,232,935
•• •• 15,615
13 002
•• .• , 483 ,
_ _ 3 •805
•• ••

Rest 3, 249, 485
•• ••
Increase •• •• .• 54,845
Public Deposits •• 3,273,539
Decrease .• •• •• 3,749,645
Other Deposits.. 14,098,454
Increase .. 892,141
Seven Day and other Bills .. .. 695,985
Increase .. 38,971
Government Securities .. 9,570,212
Decrease 602,131
Other Securities .. 19,780,748
Decrease .. .. 2,142,136
Notes Unemployed .. 5,617,090
Decrease .. . • .. 51,835
The weekly balancessheet issued by the Bask of
France last night is also of a more encouraging
character than was generally expected. The bullion
has received an addition of £145,700, and an in-
crease of £53,400 is shown in the item of Treasury
°Meccas, and of £133,400 in the current accounts.
The notes in circulation have been augmented by
£272,000, and the discounts by £BB,OOO, which are
the only unfavourable changes in the return.
The directors of the Merchant Banking Company
of London have made a call of £5 per share, pay-
able on Friday, Nov. 18, at the Alliance Bank.
The directors of the Atlantic Telegraph Company
have made a third call of £1 55. per share on the
£5 (8 per cent. preferential) shares.
The committee of the Stock Exchange have aps
Pointed Monday, the 24th inst., a special settling
day in the shares of the Locomotive Cotton Press
Company, for bargains entered into on and after
Aug. 4—not to be marked ; in the London (Limited)
quotation not asked for ; in the Merchant Ship-
Ping Company (Limited) (late Somes Brothers),
for bargains entered into on and after Aug. 13—
not to be marked at present; and in the Washoe
United Consolidated Gold and Silver Mining Com-
pany (Limited), for bargains entered into on and
after Oct. 4—quotation not asked for.
During the last few days there has been a mode-
rate amount of business transaeted in the Foreign
and Colonial Produce Markets. Sugars have sus-
tained firmer rates. The public sales of tea, how■
ever, have proceeded without animation at prices
to buyers' favour. Coffee has been in fair demand
at full rates, while in rice, fruit, and spices the
'transactions have been on a moderate scale, without
material change in values. Tallow has been
neglected, and quotations for both present and fors
Ward delivery show increased depression.
Messrs. Galbraith, Bigland, and Co., East India
and China merchants, stopped payment yesterday,
awing to the failure of their correspondents at
Shanghae, together with other heavy losses. The
liabilities are computed at about £150,000, the
greater part of which is stated to be secured, so
that the amount expected to rank against the estate
is comparatively small. The assets will to a great
extent depend upon the realisation of consignments
to the East. Messrs. Harding, Pullein, Whinney,
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 £lOO,OOO, but they are mostly
• ecvered by securities. With respect to the liqui-
dation, it will be seen by reference to the subjoined
circular, which has been issued to the creditors, that
the parties believe themselves 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 sus-
Pend payment. The inability of many of our buyers to
fleet their engagements, and the extreme depreciation in
the value of securities upon which we have advanced
largely, has mainly influenced us in adopting this course.
having until very lately possessed a considerable surplus, we
believe that if our estate is judiciously realised it will prove
nearly, if not quite, sufficient to enable us eventually to pay
all our liabilities in full. Our books are closely written up,
and we have placed them in the hands of Messrs. Kemp,
Ford, and Co., to prepare a statement of our affairs. In
the meantime we request the favour of your indulgence.--
- We are, Ize., M. MANNING and COLLIER.

TWO O'CLOCK.

An improvement of t per cent. has been recorded
la the market for the English Funds, And u very

buoyant tone prevails in all departments. The
carne of this change is of course due to the better
feeling engendered in monetary circles, and the
hope that affairs will continue to progress. Console
for money are 881 I, and for the account 881 89.
The New Threes and Reduced Annuities are 86!
87; March Exchequer Bills, 93 to 63 die., and June
do., 18s to 12s die.; India 5 per Cents., 1041
and Enfaced 5 per Cents., 100.
The Foreign Market presents a much firmer ap-
pearance, although there is very little business in
operation. Turkish 6 per Cents., 1862, are 69! 0 ;
do. Consolides, 498 ; Mexican, 26 1 ; do. New,
24a a ; Greek, 21Z-, s ; Spanish Passive, 291 -1; do.
Certificates, 13 k ; Portuguese, 46a ; and the
Confederate Loan, 64 65.
In the Railway Share Market business has been
rather dull, to quotations generally are well sup-
ported. Gnat Western and Lancashire and York-
shire have each improved ssi ; and Great Eastern
and North Western each 108. Caledonian, how-
ever, have declined Se.
Th 3 Foreign and Colonial lines exhibit no
material alteration.
Bank and Miscellanecus Shares are in several
instances rather firmer. Alliance being dealt in at
33 36 ; European at 831 9 ; London and Brighton
at 4l1; London Joint Stock at 411; Union of
London at 501 ; Hudson Bay Company at 151 151 ;
General Credit at 6 ; Joint Stock Discount at
41 5; and National Discount at 121 13.

BRITISH FUNDS—ONE O'CLOCK.
GOVERNMENT FUNDS.
3 per Cent. Consols
Do Account, Nov. 12....
per Cent. Reduced
New 3 per Cent
New 21 per Cent. Jan. 1891....
Do 5 per Cent., Jan. 1873
A.unuities, 30 yrs, expire &th J an.' 1880
Do for 30 yrs, expire sth April, 1885 l4a
Do (Red Sea Telegraph), Aug. 1908 l9 15-16
March. June.
Zxchequer Bills' £l,OOO, 4 & 31 per Cent. 6 9 dia
Do £5OO
£lOO and £2OO ..
sank England Stk, 5t per Ct.

Do Account..
INDIAN GOVERNMENT SECURITIES.
Endia Stock, 10i per Cent., April 1874....
Do Account
Do 5 per Cent. July, 1870
Do 4 per Cent., Oct. 1888
" Do Certificates
Do Account
Do 1 per Cent. (Deferred 3 per Cent.) —
Do 4t pei Cent.

Do Zniaced Paper, 4 per Cent ..
Do 5 per Cent., Jan. 1872 lOO 1
Do 5t per Cent., May, 1879 —
Do 4 per Cent., Aug. 1666
Do Bonds Xl,OOO —
Do under £l,OOO

FOREIGN FUNDS—ONE O'CLOCK.
&ustrian Bonds, 5 per Cent —
Brazilian 5 per Cent ........
Do 41 per Cent., 1852-58-60 ........
Do ,1863 Bl
Buenos Ayres 6 per, Cent —
Do Account.... . i ........ ** •' —
Chilian 6 per Cent.
Do 4f per Cent
Colombian 6 per Cent..... —
Cuba, 6 per Cent. -
Do 5 per Cent. 1864
Danish 3 per Cent., 1825
Do 5 per Cent, 1864 .. —
dquador New Consolidated, 1 per Cent.. --
Do, Provisonal Land Warrant —
Egyptian 7 per Cent..
Do, Second Issue
__ _

.
Do £lOO Bonds
Greek 5 per Cent., 1824-5, ex-Coupons —
Do Account ........••'•
-. 9

12 18

Do Coupons
De Account .
Guatemala 5 per Cent. -.
Do 1839 and 1859
Italian b per Cent. (Maremmana Itailway)
Aiexican 3 per Cent ..............
Do Account
Do 1864 241
Do 6 per Cent. Anglo-French
di x d
Ditto Scrip, £33 paid s
Do French Scrip, Ex. 25f 20c — di x d
.loorish Imperial 5 per Cent
New Granada .. —
Do 2 per Cent.....
Do Deterred
Do Land Warrants (Hectares)
Do Debentures, 4 per Ct., April 1861 —
Do do Aug., 1866 —

Peruvian 41 per Cent ••
Do 3 per Cent. (Uribarren)..

Do 4i per Cent:, 1662
Do Account BO
Portuguese 3 per Cent., 1853 -
Do Account 46
Do 3 per Cent.,lBlA, '7, '9, '60,.62,'3 4Ga i

_
Do Account
Ruseian 5 per Cent., 1822, X St —
Do 41 per Cent., 1850 ..
Do 1860
Do 3 per Cent 1859 •
Do 4 per Cent, 1862
Do Anglo-Dutch
Do Scrip, £55 paid
Sariinian b per Cent
Do Account

Spanish 3 per Cent
--
Do Account
Do New Deferred
Do Account
l'astive
Do Account
Spanish Cert. of Coup not funded
Do Account 1?1
Swedish, 4 per Cent.
Do Scrip, £6O paid — pm
turkish 6 per Cent. 1854
Do Account
Do 6 per Cent. 1858

Oo Account 6B
Do £lOO Bonds
Do 6 per Cent. 1862
Do Account . . 694 I
Do £lOO Bonds 7Ol 70
Do 1863 ..
Do Guaranteed, 4 per Cent.
Do 1863 Scrip, £4O paid
Venezuela 3 per Cent.
Do Account ..
Do 6 per Cent., 1862 ..
Do Account
Do 6 per Cent., 1861. 431
Dividends on the above payable in London
Austrian, 5 per Cent., Ex. 10 Florins.
Belgian 41 per Cent., Ex. 25f...
Dutch 21 per Cent., Ex. 12 Guil
Do 4 per Cent. Certificates
French Rentes, 2 per Cent .
Italian, 5 per Cent., 1861, Ex. 25 francs 64a
Do Account 641 I
Peruvian Dollar Bonds, 41 per Ct. Ex. 4s.
Piedmontese, 5 per Cent., Ex. 25f
TWO 0 O'CLOCK,
Consols, Money Ha a
Do Account