The Press. — London, England, 1858-01-16 00:00:00

r''' . .~, •-, THE PRESS, JANUARY 10, 1858. and most deservedly esteeme lamented neighbourhood, and in consequence cf his death several festivities,in which many leading county families were prepared to take a part about this period, have been necessarily postponed. The earl had four children, two of whom are living, namely, Lady Digby, and Lady Caroline Kerrison, married to Sir Edward KeiriSOD, part.; and two sons, namely, Henry Thomas and Stephen Stavordale, both of whom are dead. SIR JAMES FELLOWES, F.R.S., died recently at his son's residence at Havant. Sir James, who had completed his eighty-fifth year, was third son of Dr. Fellowes, whose profession he adopted after receiving his early education at Rugby School, and subsequently at the University of Cambridge, where he was Fellow of Gonville and Caius College. fie graduated as Bachelor of Medicine in 1797, and Doctor of Medicine in 1803. Sir James served with the army on the Continent in 1794, and afterwards in the Peninsula, rendering by his professional avo cations great service at Barossa, for which he re ceived the war medal and one clasp. He was also at the siege of Cadiz, under the gallant Lord Lyne doch. In consideration for his services generally, but especially during a pestilential fever at Gibraltar in 1804-5, he was knighted by the late King George 111. Sir James was a Fellow of the Royal Society, a Fellow of the Royal College of Physicians, and of the Royal Society of Edinburgh. He was appointed hospital assistant in the medical department of the army in June, 1794 ; physician in October, 1795 ; deputy inspector-general in March, 1813; and in spector-general in April of that year. The venerable gentleman married, in 1816, Miss James, eldest daughter and co-heir of Mr. Joseph James, of Adbury-house, Hants. 1)R. FORBES ROYLE, F.R.S., we regret to say, died on the 2nd instant at Acton. He bad been unwell for several weeks previously, but up to the last moment his illness was not believed to be of a dangerous character. Dr. Royle's profound knowledge of the material resources of India, especially in the vege table kingdom, and the warm interest which he took in everything calculated to increase the industrial prosperity of our Eastern empire, render his death a public loss. He was a Fellow of the Royal Society, and in his own department of science had a Euro pean reputation. rang Dar he anb (Cztg lattiligtatt. FRIDAY EVENING. THE return of the Bank of England for the week ending Wednesday last, the 13th inst., shows the following changes compared with that for the week preceding : Increase in Circulation Decrease in Public Deposits Increase in Other Deposits Increase in Government Securities Decrease in Other Securities Increase in Bullion Increase in Rest Increase in Reserve Bullion in both Departments Circulation, including Bank Post 20,555,608 Bills The Bullion, as shown by this comparison, as well as the Reserve, are now at a point which justifies the expectation of further relaxations in the vslue of money. And this the more especially as the large aggregate of Private Deposits, amounting to upwards of 19,120,0001., proves that the difficulty of finding employment for capital at existing rates is not ex aggerated. The decrease in the Public Deposits is owing to the payment of the dividends, which will also account for the large addition to those of a private character. The position of the Bank has been strengthened by repayments, which have greatly reduced the aggregate of private securities ; and part of the money has been employed in adding to the stock of Government Securities. The general effect of these changes has been to add more than half a million to the Reserve of notes; and that Reserve will probably grow for several weeks longer. Under such circumstan c es the return is highly satis factory. The monthly return of the Bank of France made up to yesterday was published this morning. It is generally of a favourable character. The Bullion now amounts to 10,054,150/. --by 613,286/. more than the stock returned in the previous return. The circulation is 23,258,7301., being an increase of 1,966,574/. A sum of 9,2301. was expended in the month in premiums upon the purchase of gold and silver. The rate of discount, which last week was reduced from eight to six per cent., was on Thursday further reduced to five per cent , making a total decline since the commencement of the year, or in less than three weeks, of no less than three per cent. From the rapidity with which the resources of the Bank are increasing, and the difficulty of finding employment for capital even at the terms now current, it is not improbable £206,583 4,203,665 4,278,856 1,420,677 1,811,404 719,914 47,413 541,189 13,357,107 that in two or three weeks from this time the mini mum rate may be fixed at four per cent. The dis count houses and joint-stock banks are now giving only two and three per cent. for money on deposit, and the state of the Private Deposits in the Bank return of the present week will show that it is not easy to find safe employment for their reserves. Indeed, there is very little commercial demand, while there is necessarily an active competition for the best bills. Rates, therefore, out of doors average no more than four per cent. ; in some case they are only three and three-quarters. Under such circum stances, with a growing amount of unemployed capital, it cannot be expected that the Bank can obtain businers with a five per cent. minimum. That rate, therefore, must shortly be reduced. Money will thus he cheap during the spring and the greater part of summer, especially if the tendency to embark in wild speculations, usual in such a state of things, remains as effectually curbed as it is at present. The specie arrivals of the week have amounted to about 400,0001., the whole of which has, or will be, sent into the Bank. The exports have been under 70,0001. Silver is in more demand for India and China, but the next packet will not, it is expected, take out more than 300,0001. According to the Gazette returns of last evening the imports up to Wednesday were—of gold, 466,6261., and of silver, 100,6981., making a total of 567,324/. ; while the ex ports were—of gold, 80,4141., and of silver, 6,1761., making a total of 86,5901.; thus leaving a balance in the country of 480,7341. Consols have not materially changed in value since our last, notwithstanding the further reduction in the rate of discount. Last Friday they closed at 051 to 1, but the highest price subsequently has been only 951 to 1. In the early part of the week they fell to to i, upon sales to realise profits, but on Wednesday they rallied in anticipation of the rate being lowered, and yesterday they had recovered to 95 to 1. They stood at this quotation when the change was made, but as it had been fully antici pated the day before the market showed no variation whatever upon the official announcement of it. Afterwards, however, some alarming rumours with regard to the state of the Punjaub began to circulate, and the effect was to cause a decline to 941 exactly. This morning the market opened fiat in consequence of the attack upon the Emperor of the French, but it soon rallied. Eventually, however, it left off full at 94 exactly, the decline being attributable to the telegram published by the India-house not being considered favourable, the more especially as it im pliedly confirms the fact of telegraphic and postal communication between Calcutta and Bombay having been cut off by the rebels. Railway Shares have shown a decided improve ment, the chief advance being in Great Western and London and North-Western stocks upon a semi official statement that all matters of difference be tween the two, companies with respect to traffics have been amicably arranged. Foreign Securities remain about the same as this day week, but with a better tone. Joint-stock Banking Shares have been in request, as the approaching half-yearly meetings are expected to prove satisfactory. The abundant supply of money, and the necessity for bankers and others to find safe and profitable in vestments for it, have had a most beneficial effect upon the value of Exchequer Bills. The demand for them has been continuous, and they have, conse quently, advanced from Bs. to Ils. premium, at which they stood this day week, to 21s. to 255. premium. Trade is reviving a little, and the numbers of un employed operatives in the manuf acturing districts are lessening. The silk trade is probably now suffer ing the most. The condition of the town of Maccles field, where it is the only manufacture, is such that the authorities have made a public appeal for assist ance to keep the poor from actual starvation. BRITISH TUNAS. — Closing Prim.. OFFICIAL QUOTATIONS. Mond. Tuesd. Wed. I--- -- 94f 341 941 96 941 34 94 94 94 93 94j 941 . 2-18 220 229 . 78 . 13 pm 13 pm )22 pm Thurs. Frbing per Cent.Consols Ditto fo: Account 3 per CeLts Reduced .• • • New 9 per Cents Long Annuities Bonk Stock, 7 per Cent New 9, per Cent Annuit FAA. Hills, 2kii. India Borids,(1,0001.) Per Cent FLEIGN FUNDS. Mond. Tueed. , Wed. 101-- - 1100 65 y 641 70:30e 7 0.20 e —(. f. 203 201 45 I 45 110 109 28i 351 i xd 981 97 Brazilian 6 Danish 6 Dtch. (1 , 1'12 Guil )26 French 3 Do. Bank Stocks Mexican Peruvian 46 Portuguese 8 Russian b Spanish 3 Turkish Aso.° I 1 1 ela 1 ic9:854) 95 - 95* Si 222 73 101 i I 100 65 4 rot—c 9ii 94t 94i I 94; 2 1-16 222 4 20 p 44 ; 44 25 101 I 41; 213 28ta METROPOLITAN MARKETS.-FRIDAY. Conn EXCRANGE.—The arrivals of English wheat, coastwise and by railway, have been very moderate. Notwithstanding that the show of samples here to-day was limited, the demand for all kinds ruled heavy, and a few forced sales were effected at a decline of fully is per quarter. Over 10.000 quarters of foreign wheat have come fresh to hand. Good and fine qualities sold on former terms, but inferior parcels were lower to purchase. Barley, except the finest samples, sold heavily, at barely sta tionary prices. Not less than 16,870 quarters of foreign barley have come in this week. We experienced a slow inquiry for malt. The supply of oats was limited, and the demand ruled steady, at an advance of 6d per quarter. Timmy and peas sup ported previous rates, but flour met a very dull inquiry. CATTLE MARKET—Today's market was but moderately imp plied with beasts ; nevertheless, all breeds met a very dull in quiry, and Monday's prices were with difficulty supported. The show of sheep was limited, yet the mutton trade ruled heavy, at parely previous quotations. Calves were in short supply, and steady request, at au improvement in value of 4d per 8 lbs. Pigs and milch cows were very dull, at nominal cur rencies. BOROUGH Hot. MARKET—We continue to have a good demand for all good and tine hope, at very full prices. 'inferior kinds, however, move off slowly. The show of samples is seasonably extensive. New Mid and East Kent pockets,7ss to ilea; Weald of Kent ditto, ffos to 82s; Sussex ditto, Ns to 72s ; Yearlings and Olds, 21s to 40a per cwt. FROM THE LONDON GAZETTE. Tuesday, January 12. BANKRUPTS.—THOMAS BucirraziL, now or late of Salmon's lane, Limehouse, currier or leather seIIer—GEORGE VILE, Box Tree, Gravel-lane, if oundsditch, City, licensed victualler— WILLIAM LLOYD, Prince Albert Pub le-house, Bexley New Town. Kent, victualler—JOHN READ, Lower Whitecross-street. Cripplegate, City, carpenter, builder, and packing-cue maker— GEnsos RADE, Bermondaerwall, Bermondsey, marine-store deaIer—WILLIAM JONES, Pentonville road, gas fitter—JAMES COTTERELL, Lowestoff, Suffolk, soap boiler and tallow chandler— JOHN REYNOLDS CATTLOW, Cheadle, Staffordshire, scrivener-- JAMES JOHNSON, LeSSOTISiey Mill, Lichfield, Staffordshire, worsted spinner—JOHN FLETCHER, Smethwick, Staffordshire, coal master—JOHN BunroßD, JAMES THOMPSON, and JOSEPH HADLEY, Bradley Hall lionworks, Bilaton, Staffordshire, iron masters—EDWAßD BRYAN, Herefordshire, innkeeper — Tn OMAS PORTER, Prolate, Selford, Somersetahire, woolstspler and clothier—Jons ROBERTS, Taunton, Somersetahire, tailor and draper—RICHARD GREGORY, Halifax, Yorkshire, grocer end manure dealer—MANY WIOLEY and Joint WIGLEY, Sheffield, Yorkshire, builders—PAUL HEARNSUAW, Sheffield, Yorkshire, coal merchant—JOSEPH RADoLtrrs, Liverpool, wine and beer merchant—JAMES MELLOR, Ashton-under-Lyne, Lancashire, money scrivener —Joint COMBERBACH PAYNE, Manchester, ironmonger. Friday, January 15. BANKRUPTS —MICHAEL S.MYRILS, Lesdenbalbstreet, City. provision merchant—Jsuu GREEN, St. Aldgate-street, Oxford, cabinet maker—THOMAS WHEELER, Oxford, engineer—btu° R. VIALOU, Hackney, builder—LEONARD HAnssa, Gracechurch street, shipowner —HANXMAN,JANSEN, and CO.,Crutched-friars, merchants—CHAßLES CALEY, Wakefield, corn factor—WILLIAM BALL and Joint HENRY EARL, Manchester, calenderers—Jauss ANSTEY, Sheerness, jeweller—HENßY SKELTON. Joux HILL, and RUDOLPH STEINMANN, Liverpool, commission merchants — EDWARD BROWN, Bitten, Lancashire, common brewer--JAMES ROBERTS, Liverpool, fish deabr—GEonos BATTERS, Throgortor ton-street, City, stock broker—W. Scotts, Homer-street, Lam beth, washing chrystal maker—J. TAYLOR, Ovendon, Yorkshire, worsted spinner—Tuouss T. Mops, Runcorn, Chester, mer- Chant—JOSEPH JACKSON, Brighton, bitter—CHARLES EATON, Manchester, leather merchant—JOHN Lucas, Queen's-street, Cheapside, chemist—Wu-Lieu WILD, Rochdale, machine maker —Jotin JACKSON, Halifax, Yorkshire, merchant—WlLLlAM TAPSCOTT, Liverpool, ship broker. a BIRTHS. BYRON—On the 10th instant, the Hon. Mrs. Augustus Byron of a daughter. CAVENDISA—On the sth instant, at Ayott St. Laurence, Lail; Emily Cavendish, of a son. HUSSEY—On the 2nd instant, in Lower Grosvenor-street, the Hon. Mrs. Hussey, of a son. LUSH—On the 15th September, 1857, st Howiek Parsonage, New Zealand, the wife of the Rev. Vieesimus Lush, of • daughter. the 4th instant, at St. George's, Hanoversignare, Lieut.-Colonel Henry 'forms D'Agiular. late Grenadier Guards, to Frances Catharine, daughter of the late Hon. Lionel Dawson. F RASE R-11 EN EAGE —On the 13th instant, at the Catholics Chapel, Warwick-street, Major the Hon. Alexander Edward Fraser, Scots Fusilier Guards, to Georgina Mary, daughter of George F. tieneage, Esq., M.P., of Hainton.liall, Lincoln. shire. DEATHS. CORRY—On the 7th instant, Rottendean, near Brighton. Lady Corry, widow of the late Rear-Admiral Amur Lowry Corry. DE BURGH—On the 29th nit., at Dublin, Lady Anna De Burgh, sister of John, late Earl of Donoughmore, aged 72. BURGHS-0n the let instant, at Brighton, Captain George Clarke Hurdle, R.N. in ILC HESTER—On the 3rd instant, at Meibury Sampford. the county of Dorset, Henry Stephen, third Earl of Ilcheater. aged 71. NEAVE—On the 13th instant, at the Royal Hospital, Chelsea. •ltichard, son of the lsto Sir Richard Neave, Rart., aged 85. " It's an 111 wind that blows nobody good." I THE MONETARY CRISIS has cansed TEAS to fall 2d. per lb., and those who have any money left. by buying a Alb. bag of Tea or Coffee of the EAST INDIA TEA COMPANY will reoeive the full benefit. Teas and Coffees, In 61b. bags, from 2s. 4d. and IN. per lb. respectively.—Warehouses, 9, Great St. Helen's Churchyard, Bishopsgate. CLOSE OF' HOLIDAYS.—The return col t Youth to their respective Boarding.Schoole induoes • solicitude from Parents end Onardians for their Personal Com fort and Attraction, rnd RoWLANDS' MACASSAR OIL, the accelerating the growth and improving and beautifying th• hair, ROWLAN Ds KA LYDOR, for improving the skin sisd complexion, and removing cutaneous eruption', and ROW LANDS' ODONTO, or Pearl Dentritice, for rendering the teeth beautifully white, and preserving the gums, are considered indispensable accompaniments. Sold by A. RowLA.ND end Sorts, 20, Hatton Garden, I °ado° and by Chemists and Perfumers. lIEWARE OF SPURIOUS IMITATIONS!! __ .. ~.... f ~. .. _.. i 1 .