The Press. — London, England, 1856-06-07 00:00:00

irm° 111 • 1 •Nimlm• 11 • 1 ••• 1 '•• 11 •'"N''""'°• 111 mi'mimii"m"''" 1 " 11 ••=min THE PRESS. SIT lIRbAY, would appear to have been unusually lenient in their selection of the works of English ar tists. Excellence should be the teat of admission. If good pictures be exhibited (and the public will soon discover that fact for themselves) we should imagine the plan certain to succeed. The advantage of a gallery of good pictures to interest and amuse the eye alter the weary vacuity of mind in which nine-tenths of the visitors now wander through the Palace, is incalulable ; and if the room be well venti • lated and the light subdued, the picture-gallery will be the pleasantest lounge in the Palace. To artists themselves the success of this "Exposition" is a matter of no little importance. The rejected of the Academy will have here fair room for public display, provided his work is not below fair average merit. Whether the artists of established reputations will choose to exhibit, is not yet fairly ascertained. They appear to have held back for the opening of the gal lery. The foreign schools show well, and it will not do for them to beat us on our own ground and in the Crystal Palace. IN connection with CREMOSIE tiAnDENs must be mentioned the collection of American dowers now on show in Ashburnlidm-park. Altogether, the collec tion forms one of the most magnificent specimens of floriculture ever brought together. Their Royal Highnesses the Duchess of Cambridge and the Princess Mary honoured the private view on Mon day with their presence; and the grounds during the afternoon were crowded with fashionable com pany. The exhibition will continue open fur some time to come. operations has been coincident with a heavy financial failure in Paris, with a state of things on the Bourse almost equivalent to a panic, with terrible inundations affecting the internal me ins of communication through the great corn and vine districts of France as well as the grcwing crops of both, and in the face of strong rumours of both French and Russian loans. Under such conditions the steadiness of the English funds does really appear marveilous, and it can only be attributed to the wholesome operation of sound public opinion. The mar left off steady, having been well supported nearly all day, and closing firm. Consols will be quoted ex. div. tomorrow. The scrip of the new loan has not received much atten tion in the present week. It has fluctuated in rather a less ratio than Consols; and it left of at 2 prem. The first instalment of twenty per cent., amounting to 1,000,0001., is due next Thursday. Exchequer Bills, which were at 2s. prem. last Friday, are now at 83. to 4s. prem. The Railway Market has notjbeen quite so firm as last week, owing in some degree to the traffics not being quite so good as in the previous week, and of course to the ad verse circumstances which are referred to above. Besides, prices lately have been rather inflated, and a reaction to some extent was not unnatural. However, they all com mand good quotations ; and it is highly probable that prices will advance before the termination of the half year's earnings—now about three weeks to come. French lines have been depressed by purely local causes, as just indicated, and are sure to recover, though probably not at present. The Canadian lines, and several American descriptions, have of course sustained a decline, but not one of any material importance, and reaction is certain after a time. Foreign Securities are rather lower than last week, but we have no very important change to notice. All other securitiei continue in much the same state as last week, except Canadian and some other land shares. The country trade reports describe rather less activity, but no falling off from any except local and temporary causes. The Unity Bank have published their first monthly re• turn, as required by law. It ~ liactoses a large amount of deposits, and the nucleus of extended operations. BANK OF ENGLAND. An Account, pursuant to the Act 7th and Bth Victoria, cap. 83 fur the week ending on Saturday, the 31st day of May, 1858. ISRUS DEPUiTMENT. Notes Issued .... 425,241,040 /25,211,040 BANKING D. ProprletorsTapital2l4,ss3,ooo Rest Public Deposits' 3,088,524 Other Deposits Seven Duy k (Abet 778,848 £32,959,933 ' Government Debt A 11,015,100 1 Other Securities .. 3,459,900 Gold Coin .t Bullion 10,784,040 Silver Bullion .... Government Seen. rities ((including Dead Weight An.) ►14.612.119 Other Securities ll,O i2,;1•4 Notes Gold & Silver Coin 618 616 • Including Exchequer, Commissions Saving's Banks, and Dividend AccounLa. 052,939,833 of National Debt, BRITISH FUNDS. Closing Prices. OFFICIAL QUOTATIONS. Mond.,Tuesd. Wed. Thurs. Friday. 17 - 4 i94i A 944 41 74i i . , --- 9t4 1 ; 4 3' e i l ' IL 6F I J I 4 5 Z s li 933 / 4 1 i 193 i 4I . 94 4 :934 4 934 93 4 4 13 4 , 1 1 3 3.16 I '216474 2164 217 R I 217 — 1 1 i dl Id 3p Id 3p 4 spl —d. 2p SIGN FUNDS. some instances the finest parcels have realised an advance of le per quarter. We have had an improved inquiry for foreign wheat, both for home use and export, and the currencies have had an upward tendency. Floating cargoes of grain have gild to some extent, both for France and Belgium. The barley trade has continued firm, at very full prices. Oats have been in request, at tld to fully is per quarter more money. Beans, peas, and dour have ino.ed otf steadily, at late rates. k.:l•4oLlSH—Wheat, Essex and Kent red. 583 to 71s; white, Bls to Ms; Norfolk and Lincoln red, 59a to 70s. Malting barley, oats, 20a to 935; p o t ato , 2is to 28s. 6 3 5t e grindin g ; to 8 33s to 35a ; di s tilli ng, 34s to gds. 3 M s a B lt to , Rye, 3Se to 40s. Tick beaus, 33s to 38s; Barrow, 36s to 598; pigeon, 38s to 41e. Grey peas, 33s to 38s ; maple, 37s to 335; white boilers, 40s to 4% per quarter. Town-made dour, nu to 655; country marks, 45s to Ols; households, Ofis to ass per 2801bs, 3 par Cent. Consols Ditto for Account i per Cents Reduced 3 per Cents ARRIVALS THIS WEER. Long Annuities Bonk Stook, 7 per Cent, Omni= V.Koh. Huila, 2 3 / 4 6.,June laths Bonds, FOl --- Wheat. Barley. Malt. Oats. Flour. .. 100 .. 11C,0 .. 110 . 810 Irish GO IBou Foreign .. 6240 .. 3300 .. 2070 Ws. 12110 LONDON AVERAGES DECLARED ON FRIDAY—Wheat, 6.832 quarters, 7os Ad ; barley, 1,1. d quarters, 3:14 3d; oats, 3,482 quarters, 23s 1111 ; rye, 30 quarters, ads ; beaus, 3eo quarters, 40s 103; peas. 20 quarters, 39a W. IMPERIAL WEEKLY AVERAGES—Wheat, Clis 2d; bar. 3tos lid ; oats, 23s 10d ; rye, 42s 4d; beans, 42s 2d; peas, S9s 11d. Per Ceut. .1) .5 •) 2 i .3 Brazilian Danish Dtch. ( F,z 12 G French Mond., THE SIX WEEKS' AVERAGES—Wheat, GAS; barley, 395 101; oats, 23a 0.1 ; rye, 42a 4d; beans, 4141 id; yeas, 29:. 2d. ENGLISH GRAIN SOLD LAST WKEK—Wheat,loo,s3o; barley, 8,643; oats, 9,82.;; rye,l29; beans, 4,173; peas, 654 uai•tars. Tuesd. Wed. ,Thurs. i ;100i ( 10Z I 703 71' 55c14: 55c - 21 i. l 23 221 I — Int BREAD—The prices of wheaten bread in the metropolis are from ad to Pid; of household ditto, 74d to bid per itbs lout TEA—AII kinds of tea, though in good supply, move off steadily, and prices generally are well supported. Cougou, /Ad to 2s titl; Sing Yong and Oolong, lUd to is 1W; tiouchung, Sid to 2s lid ; Vlowery Pekoe, Is 4d to 3s Ind; Caper,— to —; Scented Caper, Is 3d to is Ild; Orange Pekoe, -- to ; Scented Orange Pekoe, Is 4d to 2s 6d; Twaukay, t•ti to Is 2d ; Hyson Skin, 8d to Is 2d: Hyson, is 2il to 4s ; Young Hylton, eid to 2s Gd; lid to 2s 4d; Ounpowder, ed to 36 etl; Assam, is ttd to 45 44 per lb. Up to Saturday last duty was paid on 20,112,3341b5, against 20,748,42 tlbs iu 1815. C I f Do. Do. Bank Stoll Mexican Peruvian Portuguese Russian o Spanish 3 146/ Turkish &cc 99/ - CI SUGAR—Although very large supplies of raw sugar have been brought forward this week, the uemand has ruled brisk, and prices have advanced from 6.1 to fully is per cwt. I.l4rbs• does has realised 41). to 435; Mauritius, 47a to ; bee white Bengal, 4t,s t 49a ; Cubs, 42a to -Ids 6d; Porto Rico, 42s Od to 4is 6d per cwt. Floating cargoes have moved off briskly, at the above improvement in value. Relined goods are active, and rather dearer. Grooery lumps are worth irls bd to &Os per cwt. &ntw. & Rttrdm. Belgian East. J. Dutch Rhenish F.ast Gt. Indian Pen. G. W.of Can.,Sh Lyons & Geneva Madras Na. & Lge.(w.in ) rihrn.orlertici Sorw. Trnk. Prf., Paris & Lyons I Paris & Orleans Paris R Rosen .'"3' ; 20(3 1 I . .l ! 1: 1 22t MOLASSES—The supply is very moderate, and the demand is steady, at Cid per cwt more money. Present rates, Pus tid to 22s iid per cwt. COFFEE—There is more business doing iu this market; but we have no change to notice in the quotations. COCOA—The trade is rather active, and some qualities have realised a slight advance. RlCE—Over 3,000 tons have found buyers this week, and prices are well supported. The stock is over V,OOO toeA. COTTON—We have little or no improvement to notice in the demand for this article, yet there are no sellers on lower terms. HEMP AND FLAX—Moat kinds of hemp are steady, at about last week's currency. }thine, 32i to 431; Petersburg, clean, 311 to 321 lOs ; uutshot, 291 to 301; halt•clean, V! to 461 per too. Flax is tolerably firm, at fully late rates. WOOL—The public sales of colonial wool have been brought to a close. The total quantity sold was over 50,000 bales, and 48,000 bales remain over. The advance realised at the open ing of the sales has been lost The preaent week's imports are 3,500 bales. ;No 1011 :103 71; ! i 99 i 99} 107 i 47 i 991 i INDIGO —We here to report a dull inquiry for all kinds, it the late decline in value. SALTPETRE—This article is heavy, but we have no further decline to notice in the quotations. Bengal, 273 to 31c Madras, 25s to 2+43; Bombay, 2.is tid to gds; English relined; 36e tad to 37e per cwt. METALS—Scotch pig iron has moved off steadily, and the price has advanced to r , Os 6d cash. Manufactured iron is firm. Hails, at the works, 61 tis to 81 15s ; common bars, 81 es to of 15s; sheets, single, in London, 111 Or to 111 7s tid ; hoops, filet quality, lig 109 to 1 a per ton. Tin is very thin. Bence, 139 s to 140 a; Straits, 137 s to 13+s; British, 13ts to 1355; and refined, 1311 a to 140 s. Tin plates support last week's currency. Lead is tolerably firm, at :eel 5s to 281 his per ton for British pig. No change in the value of copper. Sputter, on the spot, 231 17s Gd ; and zinc, 311 per ton. • Thurs. 1 Friday 8 i 4} It 8 1 i li 2 20 ; 2 11 3i 1p xn 4 1 23 1 4 p 1 22} i 22 i ,26i 2 25 t 20} P B l 1 7 20:1 2 8 1 4i I 1 43 8 i s '} 65_ 7 8 59 i 1 13 3 8t : — SPIRITS—There is less activity in the demand for rum. yet prices are steady. Proof Leewards, its to 2s 2d; East India, Is lid to 2s id per gallon. Brandy is firm, cud quite as dear as last week. Sales of Cognac, beet brands of IiSSS, 105 :id to los Id ; 1151, lUs 6d to 10a sd; older, 10s 7d to lle 64 per gallon. Geneva, 3s to 3s lOs per gallon. 1101'S—As the plantation accounts state that the fly is on the increase, and as the duty has been done at 150,0001., the demand is steady, and prices are the turn higher. Mid and East Kent pockets, 31 ce to GI 6s; Weald of Kents, 313' to SI Ss ; Stissnt, 21 Ids to 41 lbs per cwt. About 250 bales of foreign hops have come to hand this week. POIATOES—OnIy moderate supplies of old potatoes have come to hand this week. The demand fur them is steady, at from 40s to 105 s per ton. New potatoes are in good request, at lie to 18s per cwt. OlLS—Linseed oil has sp Id steadily, at 32e per cwt on the spot. All other oils are dull. Spirits of turpentine, 325 to ;;3 1 1 per owt. 'FALLOW The demand is confined to small parcels. P.Y.C., on the spot, is quoted et 45s Cd to 46s per est. Town tallow, 40. net cash. About 900 casks have arrived this week. COALS—North Percy Hartley, 16e Gd; Tanfield Moor 13s 6cl; Hilda, 145 9d; Braddyll's, 16. 9d; Haswell, rs 9d' South lletton, 17s 3d; Cassop, lle tid ; Ileugh Hall, 16s; Tees 17s 6d per toll. METROPOLITAN CATTLE—In the early part of the week the trade generally was brisk, at a ccnsiderable advance in the quotations. Ou Friday, however, the demand ruled heavy, on lower terms, or as follows :—Beet sold at from 3s 4d to 4s 10d ; mutton, 4s to be 4d ; lamb, Gs to 68 ; veal, 4e to 35 4d; pork, as 2d to 4s 6.1 per 81bs to sink the offal. NEWGATE AND LEADENHALL —About an average business has been transacted in these markets, at fluctuating prices. Beef, from 2s 10d to 4e 4d ' • mutton, as 6d to 4s 8d;; lamb, 45 Gd to Is dd ; veal, 35 64 to 4e 64; pork, 35 24 (0 its 8d per 81b5 by the carcase. %tropelitan rtarhtts. ( Reported exelusivelp for "Trig ERZIS.") CORN EXCHANGE—OnIy moderate supplies of English wheat have come to hand since our last report, coastwise and by land carriage; but the general condition of the samples has been good. For all kinds the demand hu improyod, and in anb Qtit FRIDAY EVENING. Tar return of the Bank of England for the week ending May 31st. shows the following changes compared with that for the week preceding:— Increase in Circulation .. Increase in Public Deposits Decrease in Other Deposits Increase in Government Securities 182,703 Decrease in Other Securities Increase in Bullion .. Decrease in Rest Increase in Reserve Bullion iu Both Departments Circulation, including Bank Post Bills The present return is by far the most favorable, in respect to the position of the Bank, of any that has appeared in the present year; and it may be mentioned in passing that there is every reason to believe it will continue to improve unless public confidence should unhappily receive some startling shock from the political complications which are now engaging so much attention. The addition to the circulation is satisfactory, combined as it is with large accessions to the stock of bullion and the reserve of notes, which constitute the available strength of the Bank. The actual increase in the reserve of notes is ti 01,7201., the variation between these figures and those given above being caused by the reserve of coin in both weeks being included in the comparison. It is said that the bullion will probably be 400,0001. more next week. Whatever the amount may be, it is certain that the stock is largely increasing, and that, at present, there steno indications of a prospective falling off. The Public Deposits are increasing, while the Bank has added to its stock of Government Securities. The large diminution in the Private Securities is owing to the repayment of advances connected with the original deposits upon the applications for allotments in the new loan. Those advances were, for the most part, made for fourteen days; and the repayment, it will be seen, has affected the amount of private depo• sits. On the whole the present return presents no adverse features whatever, but 13, in all essential respects, indicative of a progressively improving state of things, Notwithstanding the unsatisfactory state of our relations with the United States, and the political apprehensions created by so many embarrassing questions remaining un• settled, the Money Market has been singularly free from uneasiness. The imports of s,iecie since our last have been consider able. They have rather exceeded 870,0001. The exports have amounted to 439,6861., principally in silver, to India and China ; 6,0001. to various Owes in small parcels ; and 80,0001., from the United States, has passed through this country• to France. One or two vessels from Australia with gold on board are now about due ; and a large amount is expected by the Boston steamer due on Monday morn ing. The Continental Exchanges are not so favorable as last week to the flow of specie hither; still they are such as to make it profitable to send it over ; and the course of trade with the United States is such as to make it impro bable that shipments can cease from that quarter for some time unless our harvest prospects take a most unwelcome shange. Some disappointment has been felt at the non•receipt of remittances this week on account of the Mexican dividends. The closing price of Consols for the lOth July, last Friday, was 9f, to I. To day it was also 413} to I. The ductuati..ns during the week have not exceeded $ per cent.—a range which would appear incredibly small iu the face of the American complications if it were not satis factorily explained by the calmness which is the main feature of public sentiment upon those topics. It must be remembered, too, that this limited area for speculative FOREIGN RAILWAYS. 3fond.,Tuesday. IVednes Si t 1 8 1 i ti 1 1 4 1 d 2 i cl, 4 4 (1 , 11 i l4 ip 1 4p . 13f 41 23 4 ..31 4 , 22i Ixn 22 fxn 21i 1 7 . 11 254 ei 254 6 25t 4 , 1% I 3 13 21 291 i 1)20- 1 i P 7 4i4 •7iii a di i 441 51 8 la a 8 9 60t i 60i i 55} 601 , I 7— I 9 47 9 , LG_ 8