The Press. — London, England, 1854-07-29 00:00:00

• ~~ r, s ;;, ~ 716 glom parlat and FRIDAY COUPARED with the violent oscillations of previous weeks, the tone of the market during the past se'nnight has been quiet, if not languid. The wel come arrival of propitious weather, promising so well for the future harvest, and leading at present to a considerable diminution in the price of wheat, has tended to improve the quotations. But, on the other hand, the Bank returns continue to exhibit a decline in the stock of bullion; and the drain of gold to the Continent, and especially to France, has again set in, and seems likely not to be checked for some time to come. Between these counteracting causes the Consul Market has remained, as it were, in a state of suspense, the speculators being afraid to operate in either direction, and the public—that is to say, the bona fide purchasers—still holding aloof, either waiting for the fall which everybody seems to think must come sooner or later, or else having their capital absorbed in the accumulating and far more remunerative employments offered in the various departments of commercial or industrial enterprise. On Saturday last the market, though weak, was rather better, the quotations closing at a slight ad• van ce. By Monday the improvement was more decided. Prices touched 921, but the advance was so feebly sustained that a few sales for money brought the quotations down to their starting-point. Still the turn remained favourable to sellers. On Tuesday the Ministerial explanation of the previous night produced an unfavourable reaction. Lord John Russell appeared to despair of any visible termina tion to the war, to find no basis for confidence in Prussia, nor any end to the Austrian delays. The pros pect of a step which, in an indirect way, still amounts to a practical subsidy for Turkey, was also not cal culated to encourage Bank operations. Under all these influences Consols declined from 921 to 921 1, and closed at 921 for the August account. There was but little change on Wednesday in the value of public securities. Some heaviness was manifested in the morning, but the quotation 921 for the ac count brought in speculators for a rise, who were encouraged by a somewhat easier condition of the Discount Market, and an improvement of sixty centimes announced from the Paris Bourse. The weather also continued to pursue a settled aspect, and led to a general buoyancy of prices. Yesterday the market was almost inanimate, and in the absence of any ostensible cause the prices drooped from sheer inactivity one.eighth per cent., leaving o ff at 92 1 to 1 for money, and 921 for the account. To-day the market was considerably revived. The quotations improved successively to 92} to 92} for present tranfer, and 9211 toe for the next account day. The continental advices are, however, consi dered rather unfavourable, and have tended to check the improvement. The reports of the state of trade in the manufac turing towns contain scarcely anything of interest. At Manchester business has slightly improved. There has been a fair demand for India, and prices, on the whole, are maintained. The Birmingham advices conti me to describe an increasing demand for iron and coal, but less general activity in other branches, owing partly to the pressure in the money markets of the United States, and the diminished speculation to Australia. At Nottingham the trans actions have been on a sound and satisfactory scale, while in the woollen districts the favourable pros pects of the harvest have exercised a decided influence. The commercial accounts brought by the overland mail from the East Indies report trade to be gene rally very inactive at both Bombay and Calcutta. The mercantile interests appear to be uncertain as to the effects which the war with Russia would ulti mately have on business. Speculation had quite ceased, and bon& fide business was dull. The money market at both presidencies had become easier, but as capitalists were averse to lending money the supply was far from abundant, and the Government and other securities were, in consequence, lower in value. FOREIGN FUNDS. The foreign stocks remain, as for some time past, with little variation. French Rentes have improved, on account of the rise on the Bourse. Spanish have fluctuated much less than might have been antici pated upon the outbreak of the insurrection, and showed marked firmness when the tidings arrived that the Queen had sent for Espartero, and that a prospect existed of restoring quietude and order. p tle been done in Russian securities. To -day they are not even quoted. RAILWAYS. The Railway Share Market was somewhat drooping early in the week, in sympathy with the dulness of Consols. The jobbers were also busy in preparing THE PRESS. for the fortnightly settlement on Wednesday. This being accomplished without difficulty, the tone of the market has improved, and prices show a small ad vance in most cases, and even mere in those lines where the traffic tables exhibit an increase in receipts. as the directors have announced an enlarged dividend. The increase on the weekly receipts, compared with last year, on the English lines are— North-Western, 3,6181.; Lancaster and Carlisle, 3,6201. ; Midland, 3,712/. ; Eastern Counties, 3,281/. ; York, Newcastle, and Berwick, 3,4511. ; Great North ern, about 3,000/. ; Manchester and Sheffield, 2,2331.; Brighton, about 3,0001.; South-Eastern, 1,030/.; and South Wales, 1,676/. At the general court of the South Sea proprietors held on Thursday a resolution was passed authorising the sale, calling in, and conversion of the assets of the company for distribution: a large portion of the capital, however, is invested in Exchequerßills, pay able in June next year. A twenty-second dividend of 100 per cent. to the shareholders of the Burra Burra Mine of South Australia has been declared payable from the 3rd June. BANK OF ENGLAND. An Account, pursuant to the Act 7th and sth Victoria, cap. 32, for the week ending on Saturday, the 22nd day of July, 1834. ISSUE DEPARTMENT. Notes issued .... £20,901,010: Government Debt £11,015,1 8 0 Other Securities .. 2,984.900 Gold Coin et Bullion 12,901,010 ' Silver Bullion ... • t 26,901,010 £26,901,010 DANXINO DF.PARTMENT. Proprietors'Cspital E 14,553,000 ° Government Seen -3,32t4,832 r ities (including PBestublic Deposits... 2,058,7.5 Dead Weigh t An )£ll SlO,llFi3 Other Deposits .. 11,009.399 Other Securities l3 on 0.x44 ,415 84 Seven Day other Notes ,4 Bills ---- E3^_,606,950 I ,606,950 E32,606,950 * Including Exch,quer, Savings Banks, Commissioners of National Debt, and Dividend Accounts. The foregoing return, when compared with that of the preceding week, ending July 15, exhibits the following changes. In the Public Deposits 74 70 Other Deposits ........ DECREASE of 46, 181,935 Notes Issued Do. Reserved .......... DE cat:Ase of 158,41*6 .S even -day Bills .Seven-day Coin and Bullion GOOftllflilltt Securities .. DECREASEef 1350,664 Other Securities DECR EASE of 415,511403 The. Rest .............. I NCREASE of 19, The amount of active circulation in Notes .i. 20,65.516 Do. in Seven - day a nd other Bills. l,0 7 67,284 -- _ ......... 21, 7 52,749 18,G35,677 Coin and Bullion in both Departments FOREIGN FUNDS. Per Cent. Mond. nerd. Wed. 8e1gian.......... 4i ' 1 Ditto ............. 5 . 2i \ i B ra zilian ...... Do. tievr ......4i Buenos Ayres ....6 Chilian 3 Danish ........•• f ' Ditto 9 Dtch. (FA 12 0 tul )2i Ditto 4 French 3 Do. ....... . 44 Do. Bank Stock Granada Deferred Mexican 9 Do. Account 3 Peruvian 4i Peruvian Scrip .... P ortug uese 4 Russian........ 5 Ditto 44 Sardinian 6 —IS, 1 Spanish 3 4 x(1;871 61.311 xd 33 id Do. Neer Deferred . 3 18e TBI xd.lbi xdri xd Do. Pass. Convert. Venezuela 3l FOREIGN RAILWAYS. \ 1 Mond. 'I nestion. Wednrs. 1 Thum "Ri i d 3 . 4 id 31 idis'r, 941.1 i 3d 81 3d 3 3d si 9 '' 4 1 i 14 I Friday. 591 Ia 914 70f 85e '97f 65e 2870 f. 244 7of 80c 98( a 2680 f. , • I 21a al Antw. & Rttrdm. Berra.to Oraiss. Belgian East. J. Cherie. & Enloe. Dijon & Reeling. Dutch Rhenish East Do. EXtenitiOn. , Gt. Indian Pen. Grand J. of Fr.. G.W.olCan.,Sh. , 13. (2d is.) U 72 Pie- g gPt Luxembourg .. Lyons & Geneva, Madras ...... Maria Antonia.. Na. Lge.(w. in) Nrthrn. of Frnee. Norw. Trak. PK Paris & Lyons.. Paris R Orleans Paris et Rouen.. Paris et Straslig. P., Caen & Cher. Qbec. & Rchnind. Rouen & Havre Royal Swedish SaMbre & Meuse S. E. of France Sthrr. of France Upper Ind.Serip \\st. Flanders.. W stn. of Franc( W estrn. of Swlt Zealand.. - pm si 3 d lt 2 r Ir id I A 3 d, .1 11 2 p I }pd) 1 13 9 i nt 71f 40c 20c 2000 f. I Gi I I 241 , 24 ' 11 - 8 "i ' \id" gl di i 1d li if l} le i I P 18 9 dial 5 9 171 1 45 liar ir d ip ,131 i 31 Tlf 20c 98f Itlc 2895 f. di*.' i r sr i 1 Ad i I', 62 1 2 171 JO 2 811 f 74 8 8_ 45 7 , --- I 22 31 dit 18i 9 V 40 p dis 22} 34 221 81 f 41 6r tsi 7 ei - 9di 14 4 - 3 4 I U, ,5 I dif BRITISH FUNDS. OFFICIAL Q 1 Aforul.i S per Cent. Consols Ditto for Account 3 per Cents Reduced St per Cents Long Annuities Bank Stock, 7 per Cent India Stock, 10e per Cu Kxch. Bills, 20. per dtei India Bonds, (1,0001.) P.►tt.wsta— Aberdeen N ottn g., B stn. & East Junction Birni.lVolv.& Stour Val Birk., Lath& Ches. J unc Do. Ches. & Birk , Friday. 2i 1 921 93 211 10 4r. 1 Vs.{ deo. 4 28e f} • i 10 9 19 110, tl4 104 d t 17 18 6, 7 8 d 1.01. 98 100 Oi 64 164 64 4 12 4 Id 3 Id 25W Do. do. 201. Bristol and Exeter .. Caledonian Chester and Holybeau Cork and Bandon • Dublin & Belfast June. Dundee, Perth, & Aber. deen Junction East Anglian Eastern onion East Lancashire E. & W. I. like. & Bir. J n. l Edinburgh & Glasgow Eastern Counties Edlibrgli., Perth, Dund. Great Northern Gt. Sth. and Wst of Ire. Great Western II ull and Selby Irish South-Eastern • • Lancashire & Yorkshirt Lancaster and Carlish Leeds Northern Lon., Tilbury, & Sthem 1,0 n., Brighton, &c London Bud Blackwals London and Nrth-West Londndrry. & Coleraito Londndrry. & Ennskllu Mati.,: - .:het,ttLnco lnah. Midland Do. Ilirrn. and Derb) Newmarket. N ewp.,Aber.& Herefort Newry and Enniskillei New., arrnput.,& Boa N oriolk Nrtbrn. Counties UlllOl. North British North Devon North Staffordshire North-Western N.& Sth.-Western June. Ox f., W ream, and Wolv. Scottish Central Scottish Midland .. • • Shrewsbury & firming. Shrewsbury & Hereford Shrewsbury & Chester Shropshire Union .... South Devon South-Eastern and Dov. South-Western South Wales Bth. Yorksh. tt Riv. Dun Stockton & Darlington Thins. Haven Dk.R Rail. Vale of Leath Waterford & Nilkenn Waterford it Limerick West Cornwall Wimbledon & Croydon Woodford York, Newc., and Ber. York and Nrth RANKS — Australasian Chartered Bank of Asial id' I id Ch. Bank of India, Aus- I trails, & China — —d; —di Eng. Sctch & Aust. Ch. 9 2i(13 ki d 3 2id i 3 Lon.l3nk of AusA India lon. Char. Sink of Aust. 2i 1 20} 7 20i 1 201 Oriental Bank Corpor. 45 745 745 7 .45 Lon. Atis.Buking& Gld I I mport i ng Company' . South Australia Union of Australia 171_3 In Do. Do. New.. 6 7 17 8 171 95 7 35 64 8 64 139_ 611 134 13 24 6 24 94 14 60 98 8 96 - jot 11 -9 1 103 5,10: 167 C 5 i 9 911 80/ 41 5 1 14t 101 1 \lO 1101 11 f 105 1 I U4 92i )2j 913 3} 4 11.16 par 3p .Si 4.41:2f iiB 7 c6# 38 40 38 61 6,i16i II 2i2 q S 1; ii i d \ ie 3,4 4i 034 7 8 7 96 } 7 t et 6 iii - i 14 I K 4 li 1 : 4 i I 79} I 7j 97} f 91 . 89_ 91 151 141 5} 1 !, 1 ,, t It LOt 107 8 135 L A 4 1 8 9 22} 91 C. 38 C: ee 6 d a 2 8 6 13 2 SO 52 ad 2 a it Si e I { ' 4111 ; i 6 1 1 P t 32 4 32 93 5 93 58 158 t'.B 72 68 to 2d 1 18 20 18 le id •{4 14 6\14 . 631 44(631 83 44182 36 8; 35i 93 5 Iss al 131 19 9 :9 ,n t 4ii 4 1.13 IS lee 1U 23 e !74 5 • c 7 31 155 GIBS 4d 4. f 72 ild Y 2 1; ld 1p 4 44 • t 84 58 80 71' 48 73 id 2 1 id 41 18 4O Id 32 id $ 14 tl di ddi I 4 84 5 64 362 64 d M INES— azilian Imperial 51 41 3/ 41 31 44 1 31 D... (St John del Rey) 27 9 26 8 .26 b !26 Cobre Copper 45 7 47 946 S'46 . 1 a 4 C o lonial Gold Nouse au Monde ... ri M ISCELLANEOUS — Australian Agricultural tlie 54441 511444 Brit. American Land 70 Canada Crystal Palace 4l 5 1 ,4 i 1 Crystal Palace of Ft 'ince p p North British Aus.Land 1 1 1 1 1 1 Do. Preference l'eel Riser Land &Min.,/ qd fchf ft Scottish Aust. lnvest.,4 p!tli 1 12i South Australian Land 34 6 i 34 6,34 I VIM Diemen's Land 8 8i 6 i 3 1 i 184 9 5 4 6 6 23 5 71 1 ei 7} 4j 74 G ISS rttropolitan Varktts. (Reported exclusively for "Tsts Passs..l CORN-EXCFlANGE—Verylimited supplies of English wheat have been on sale this week; nevertheless, the demand, owing to the prevoiling tine weather for the crops, end the large quantities of foreign y roduee on offer, was unusually depressed, at a decline in the true lotions of trent Lis to les per quarter. Foreign wheat was very dull, and from faro fully Fe ter quarter el caper. The barley Linde a lib heavy. and t hee nation'quot b nays given g iven way is to 2a per quarter. In malt scay si SHAR] 4 4 - 44 :31 I 5 1 )1 11,9 IliIN Li! t 7 8 7 6..7 .381W98 63 e 621 18e 6; Ibi 12 4 1 12 2d psi l 6 3S 8 ) 45 6 95 70 85 70 4 92 92 le i 14 i -1 , - 1 1 1 I 6 34 6 g i 11 2 d 371 id 181 id Friday. .a 4 31 d d3ll tile 1 ' t i ll I 2 p d d 18 9 18 9 dis dis ar pt i ; jt ar 14P13 P - 3 / 4 8 321 i .14 i 0 P 8 9 )11 8 1 8t ril i 145 . 45. 4:. ;I '. 2 40 31} dia 2i 8 i 28 4 Si d ti 9 8a - r - - - PP 6p 5 GP 14 Si dis 44 Sid SATURDAY, Closing Prices. tTOTATION. iTuesd. i Wed. 1 Thurs. I 021 1 11 !31.211 41 2114 ) Idliip 92; '2/ 1921 ' l 2i Si 4 9-181 211 225 I\42pm 9 9 2 21 Ir, 92 9 i ' 41 210 22 , i 2 3p par II ed. IT'hi i at 4; i3i 114 : f ici: LI: loo t Lll 8 6 117 1:117 67 . 7 1193 \)8 3i 621 3. 3 it is 6, .Di 4 12 412 16,3 1 , 3 817 ili7i itri 7 3 5 7 35 6 64 6 04 80 1 58 GI 158 4:+ 3 t 5 '24 d 4 1 89 9( 69i 8 f)G 8 61 96 79 79 8183 IN 643; 1661 69 9 89 \ - iii iiiiii lot 1, 101 116 i 11 Si iAi 15 4 104 i 5 10, 31 122 L 122 7 ,66i 1 t;6i 40'98 40 36 6 6i 6 2 6 8 l 2 40 2 3 0 }. 3 i 34. - 4a 4} N 3 ld 1 16 4 32 4 22 6 23 6 .k 5 56 GO 58 7 65 71i 121 }4l 21 2P 16 kt 16 td 31 1. 6} 614 G 14 411 68 4 4 4 63 4 4 62 4 15 1 64,35} 6} 35} 5 34 8 4 19 sa a3i z, 4 5 4 523 5 , 23 74 64 173 1 .55 6 55 Cl I 67 d