The Press. — London, England, 1857-09-19 00:00:00

ordinary conditions of our own commerce towards the close of the year, the hope may now be totally abandoned of money going lower than its present value of five and a half per cent. Indeed, there was some apprehension that the Bank Directors, at their weekly court yesterday, would advance the rates to six per cent. No change, however, was made ; but, unless some unexpected improvement occurs, one which it is totally impossible to foresee, an advance is probable at no very distant day. The bullion arrivals during the week have amounted to the sum of 519,412/. The greater part of this aggregate has been purchased for trans mission to the Continent, from whence the demand continues unabated. The exports, independently of those to the Continent, have not exceeded 30,0001. The Bank has been a buyer to the extent of 53,0001., but is understood to have parted with about an equal sum. The next packet leaving Southampton for India and China will take out about 700,0001., chiefly in silver; but silver is in large supply here at present, the continental arrivals being considerable. There is no improvement of consequence in the foreign exchanges. Today they were nearly all unfavourable to this country. . We have again to report a very dull business in public securities of all classes, and a general decline in prices since this day week. The fall has chiefly occurred in railway stocks, the less satisfactory traffic returns upon many lines being one cause of the decline ; but the real explanation is the sympathy of shares with Consols. Consols ate nearly one•bail per cent. lower. This may be partly attributable to the state of the Money Market. but much more to the character of the news from India. Since our last we have received both the Bombay and the Calcutta despatches. The former were generally interpreted to read favourably, though in positive contradiction to this view they contained accounts of the extension of the mutiny to the Presidency of Bombay. The latter are as yet only published in substance, and are decidedly unfavourable, inasmuch as they state that cholera had compelled General Havelock to retrace his steps to Cawnpore, and that we had sustained a serious loss in men by en ambuscade, and that great alarm prevailed in Calcutta, where it had been found necessary as a matter of precaution to disarm the Governor-General's body guard. It was also reported that our troops before Delhi had been obliged to fall back on Agra. Consols closed last Friday at 901 Cm. account, and yesterday at 901. The transactions of the week were wholly unimportant in amount, and the highest price obtained has been 901 to j. To-day, in con. sequence of the news from Calcutta, they opened at 90/ to 1, and receded to 90 to I. Afterwards, how ever, more firmness was shewu, and the last price was 901 to I._ Exchequer Bills remained at a discount of 7s. to 3s. until this morning, when they declined Is. They are now flat at Ss. to 4s. dis Foreign Securities are weaker than they were last week, and business has been dull without exception. Turkish Six per Cents. have declined three eighths. The fall in Railway Shares (luring the week has been from a half to one and five-eighths per cent. With the sole exception of Caledonians. which are about one per cent. better, the decline has embraced all the heavy stocks. rl►e settlement passed over without embarrassment, and since then business has been almost nil. Joint-stock, Banking, Mining, and Miscellaneous Shares have shown little or no movement. The half-yearly dividend of the Bank of England is five and a half per cent. free of income tax, or at the rate of eleven per cent., being the highest amount divided for many years. The profits of the halt year were 775,6501., leaving the Rest, after payment of the dividend, 3,040,2,101. The Red Sea Telegraph Company cannot raise the capital required on the terms proposed, and the project is, for the present, suspended. It 14 stated that the Porte has granted the conces sion of a railway from Samsoun to Sivas, a distance of 250 miles through a very fertile country. The capital is to be 4,500,0001., with a seven-per-cent. guarantee from the Turkish Government. The line will, it is stated, be constructed in three portions, the second of which will terminate at the copper mines of Tokat. The scheme has not yet been publicly brought forward. The balance sheet of the Royal British Bank was filed by the directors in the Court of Bankruptcy on Saturday. It extends over a period from the 19th of November, 1549, to October 9, INSB ; and we collect from it that the total losses of the concern may be estimated, at the least, at 600,0001. A contract is upon the point of conclusion betwe.'n t he Government and the New Zealan 1 and Austral an Mail Steam C ,mpany for a mail service between ih..! ♦arious points of Nile Zealand and Australia. The first steamers will be sect out to take up their respec tive stations as soon as they can be equipped. The Great Northern Railway directors have, at last, consented to allow deeds of transfer to be regis. tered for any amount of not less than 10s. of any of the company's stocks. Zetropolitan Markets. (Reportedessarairelyfor "Ms Passz.") CORN EXCHANGE—About an average supply of English wheat hasbeen received up to our market this week. For red qualities the demand has ruled steady, at an improvement in 7alue of Lom Is to les per quarter; but white parcels have sold slowly, at barely stationary prices, to a decline of 25 per quarter. In foreign wneats—the Import of which has been limited for the time of year—only a limited business has been passing. on former terms. Floating cargoes of grain have mostly sold at fall eurreueies. There has been an improved feeling in the sale for barley, and Is more money has been obtained for moat kinds. \fait, though in short supply, has moved off slowly. at the late decline in value. There has been a good demand for oats, beans, art peas, at very full prices. Flour has sold slowly. 1.;)401.1111I—Wheat, Essex and Kent red, 46s to GO.; white, 4.5 s to GU; Norfolk and Lincoln red, 47s to GOs. Malting barley, 29x to es; grinding ditto, 23a to 33.. distilling, 27s to 40s. Malt, fies to 725. Feed oats, 21s to 265; potato, 275 to 325. Nye, 324 to 36.. Tick beans, Us to 39a; Harrow, 311 s to 40s: pigeon, 435 to 475 . Grey Peas, 40s to 44s ; maple, 415 to 465: white boilers, 40s to 44. perquerter. Town made flour, 48s to 20s; .;ouutry marks, 40s to 435; households ,les to 47e per eOlbs. THE PRESS, SEPTEMBER 19, 1857. At the meeting of the North of Europe Steam Company, held on Tuesday, a most stormy discussion took place. It appeared that there had been a further loss to the shareholders upon the last half year of 38,529/., that 45,0001. had been borrowed, and two of the ships mortgaged without any minute of the board authorising the transaction. Lord Yarbo rough, it appeared, had retired from the direction owing to the contemplated arrangements with the Manchester, Sheffield, and Lincolnshire Railway in connection with the port of Grimsby not being carried out. On his retirement he had sold his shares. No director had realised in anticipation of a crash ; but a proprietor observed that, besides other losses through Sir Morton Peto, the company had lost 19,0001. by the traffic in connection with the Tonning and Flensburg Railway. Eventually the report was received, and it was resolved to carry on the undertaking until the end of the year, and to sell the ships from time to time as opportunities might occur. The Trade Reports of the week show rather less activity than last week. BANK OF ENGLAND. An Account, pursuant to the Act 7th and Bth Victoria, cap. II or the week ending on Saturday, the 12th day of Sept., 1857. 19413 C DtPkiIIIENT. Notes i ssu ed :45,00,200; Crovernment Debt 111,015,100 Other Securities .. 3,459,00 v Oulil Coin .t Bullion 10 592.200 ! Silver Bullion A 25,067.200 425,067,20 C BANNING DtP/ITIIIENT. ProprietorsTapital4l4,9s3.ooo, Government Seen. Rest Public Deposite 7, 6 58,478 Dead Vi'eightAno 410,599 653 Alier Deposits 3,180,.87. Other Securities .. 18.064,032 Seven Day it other ;Notes Bins 43‘7,078,3 it 436,078,34: • Including F.:chewier Commissioners of National Debt. Skvings' Batiks. and Dividend Accounts. BRITISH FUNDS.— Closing Prlnev. OFFICIAL QUOTATIONS. Tread. Wed. Thin. S per Cent.Consols oitto or Account 3 per Ce-Lts Reduced 3 per lents Long Annuities Rank Stock 7 per Cent New Sir per Cent Annuli r:zeh. 13111., gra. India Botids,; 1,0001.; 901 90# 90# 903 tO , 901 # 00# # 901 # 903 - ! - --- : - - 2181 — jd I "Td 18 ; d 22 22d FOREIGN FUNDS. Per Cent. Memd.,Tweed. Wed. 77iers. Friday. Brazilian 5 I 1011 , Danish 5 1 I , Uteh. (Re 13 Guil )2# I 64 4 I Fretic h 3 SC :" 50e ' 66f 33e 66130 e CC 70e 00. 4i e' a t e' f •f f I Do. Rank Stock —f. —i. L i CI ILI Ideziean 8 311 j 21# s; Peruvian 4# 7iiid 1 Portuguese 4si Russian 41 935 981 i Spanish 3 1 1 401 . 40 1 Turkish Acc . 6 ' 1 9;r: 95.) 4 a Antw. & Rttrdm. Belgian East. J. Dutch Ithuuish East Cit. Indian Pen. G.W.ofCau.,Sh. Lyons & tiauava Madras Namur& Nrthru.oilruot . Nora. Truk.Prf. Paris & Lyons Paris d Orleans' 'aria A Konen f 0 f c !St 941 FOREIGN RAILWAYS, Mond. 1 7'itesdas. Wednes. Thurs. Friday. •6; C 1 51 0I 51 6 ,51 6'51 6 . 3 13 1 13 1 11 i le 34 f 4 $j 12 'of tdis 3i 3d Si 12 )7 98127 8 871 S . a; 973 di . 11* 4 191 • 191 1 , 19! 1 191 f . 3l 21 1 = 201 11 26 7 ;33 25 d 25 6 25 17 171 8/ 171 :di 171 lat 17 14 71 4 C 1 7* 61 7; df 71 6 71 . 931 1 33 1 33 * 93 4 9 :0 , 9 10 9 10 9 10 I 9 10 34 j 1 33 1 91 I get 3t $3l 4 143 44 1 63 64 62_44 S 9 Si !63 5 I ARRIVALS THIS WEEK. ---- Wheat. Barley. M a lt. Oats. Flour. litnetsb 3550 .. 1310 .. 1020 30 .. 13 90 Irish — 890 .. Foreign' 2740 .. 6130 40740 Wilk% bls. AST HAI A.-Dr. LOCOCK'S PULMONIC WAFERS give instant relief and a rapid cure of Asthma, Coughs, and all Disorders of the Breath and Lungs. To singers and Public speakers they are invalu.i.ls for clearing and strengthening the voice. They hate a pleasant taste.—Price Is. 11d., 2s. RI, and lls. per boa. Sold by all Druggists. LONI)0N AVERAGF.S DECLARED ON FRI!) AY—Vilest, _ 7,782 quarters, 69s 641; barley, 780 quarters, 438 10i1 ' • oats 614 quartera,3ls 2cl; rye, 80 quarters, 37s 3d ; beans, 419 quarters, 43s Id ; peas, 162 quarters, 47s 2d. IMPERIAL WEEKLY AVERAGES—Wheat, 35s 8.1; ley, 4'es sd; oats, 26a Id; rye, 38e 9d; beans, 401; peas, 4ls 7d. THE SI X WEEKS' AVERAGES—Whea•. 55s 9d; barley, 41s Id; oats, 27s 4d; rye, Ps 4d; beans, 475; peas. 41s 4d. ENGLISH GRAIN SOLD Law'. WEF.lC—Wheat , 119.395; barley, 16,919 ; oats, 8,419; rye, 88S; beans, 4,021; peas, 948 quarters, _ . BREAD—The prices of wheaten bread in the metropolis are ad to did: of household ditto, 6sd to 71d per 4lbi, lost TEA Our market is but moderately supplied with samples, and the trade generally is steady, at very full prices. Common sound Congou is selling at is 214 per lb. The present rates are as folows:--Congon, is 24 to 2s ; Ning long cud Oolong, is 3d to 2s; houchong. le 34 to 2s ltd: Flowery Pekoe, 2s 64 to 4e ; Caper, -- ; Scented Caper, is 3d to Is 104; Orange Pekoe, is id to la 44; Scented Orange Pekoe, le 84 to 24 44 ; Twankay, 94 to is 3d ; Hyson Skin, 8d to Is 2d: Hyson, is 44 to 4s; Young Hysou, 104 to 2s 44; Imperial, is to 2s 44; Gunpowder, is to Sc 6d; Assam, 4s id to ris Id per lb. SUGAR--A decided improvement has taken place In the demand for all raw sugars, and the quotatior.s have advanced fully 64 per cwt. West India has realised 47s to 58s; Bengal, 50s to 57s 6d ; and Mauritius, 47s to 57s per cwt. Floating cargoes of sugar command very full prices. Refined goo‘is are Is per erg higher, with a very moderate supply in the market. Brown lumps, 60s to 625; and low to tine grocery. e... 8 tad to 66s per cwt. Crushed sugars command very little attention. MOLASSES—Prices rule about stationary—viz., from 22s to 24s per cwt ; but the demand is far from active. COFFEE—The transactions in nearly all kinds have been limited this week, and in some instances prices have given way is per cwt. COCOA—Fine red Trinidad is still held at 115 s per cwt, and all other kinds are quite as dear as last week. PROVISIONS Fine Irish butter is rather dearer; but in• ferior parcels command very little attention. There is only a limited inquiry for foreign, and prices have a downward ten. dency. English butter is firm, at extreme rates. Fine bacon is scarce and rather dearer; but stale parcels are heavy. Hams and lard support last week's currency. COTTON—The demand for this article is less active. In prices, however, we have no change to notice. RICE—The transactions in our market have been compara tively trifling, at last week's currency. The stock is tolerably extensive. HEMP AND FLAX—The imports of hemp are large, and all kinds rule heavy, on easier terms. Flax is very dull, at barely late rates. INDlGO—Holders are very firm, and prices ace well sup ported. WOOL—Scarcely any business is doing in this market; never thelesi,holdersgenerally are very firm. . . . . SI LK—Very little is pissing in'ailk,at the late decline. Bengal Surdab. 32s to 345; Cossimbuzar, 17s to 325; Gonatea, 1.. s Cd to 325; Jungypore, 17s to 325: Commercolly, 17s to 31s; Burn naul, 15s 6d to sls ; Radnegore, 15. to 82s; Beuleab, Its to 17s; Mundelghsut, 16s to 205. China, Tsatlee, middling and inferior, 21s 6.1 to 23s 6d; ditto superior and second quality, 24s rid to als lid ; Tuna fa, 125 to 22s ; Taysaam, lOs to 225; ditto, long-reeled, iris to 215; Canton, :2st.) lie per lb. SPIRITS—A Government contract for 10.000 gallons of rum has been taken at 2s 71d to 25 ald per gallon for proof Berbice. The brandy market is firm, and the finest old qualities are worth 17s ftd per gallon. Malt spirit is selling at 101 6d cash. METALS—Scotch pig iron has advanced to 69. rid cash, with an improved demand. Spelter, on the spot, is selling at 301 15s per ton. Copper is firm, at 1211 101 per ton for tile and cake. Tin is dull, at 1351 for Straits. Tin plater are steady. HOPS—The show of new hops is large, and the demand for them is Inactive, at from 31 10. to 81 tit per cwt. The duty is called 200,0001. Yearling and old hops are very dull. POTATOES—The supplies are large, and the trade is steady, at from 3s to 6s per cwt. OlLS—Linseed oil has sold to a fair extent, at 391 11 s to 331 15s per ton on the spot. Olive is very firm, and Gallipoli is held at 601 to 611. Palm moves off slowly, at 461 10a to 471 for fine Lagos. Turpentine is quoted. at 37. 64 to 39s for spirits, and 115 to lls Od for rough. TALLOW—AII kinds are dull and drooping. P. Y. C., on the spot, 60s—for the last three mouths, Sas 64 per cwt. The im ports are liberal COALS—Tanfield Moor, Its 3d; Walker Primrose, Its; Wylatn, los; Gosforth, 16s ; Hilda, 13s 6.1; Eden Main, 17s 3.1; Haswell, Ids old; Lamborn, les 3d; South Hettun, kis 91; Stewart's, las Col ; Tees, its Rd per ton. METROPOLITAN CATTLE The supplies of beasts on sale this week have been tolerably extensive. On the whole, the beef trade has ruled steely, at full prices. Sheep, calves, and pigs have sold at fully late rates; but lambs have ruled some what lower in price. Beef, from 3s 2d to 45 ed ; mutton. Is 42 to Ss 4d; lamb, Ss to 6s 22; veal, 3s ad to la old ; pork, ds lotto s+ per albs to sink the offal. NEWGATE AND LEADENH ALL—A fair average busi ness has been transacted in these markets, as follows:—Beef, Prow 2s 102 to 4s 4,1 ; mutton, 3s 22 to ts ed; lamb, 4s to Is 2d; veal.3s 42 to is 4d; pork, 9s ad to Ss 22 per Sibs by the carcase. BIRTHS. BUTLER—On the 13th instant, in Chester square, Lady Rachel Butler, of a sou. RUSSELL—On the 10th instant, at Kirkby Mallory, the Hon. Mrs. Russell, of a son. SUGDEN—On the 11th natant, at York, the wife of the lion. and Her. Frank Suqden, of a daughter. WHITTINGH AM—on the 10th instant, at Harrogate, the wife of Lieut...Colouel Whittinghain, of a daughter. DEATHS. GRANT—On the 10th instant, at Hillingdon, Charlotte Eliza. beth Marr, datunter of du. late Misjor•General Jrwes Grant, C. 8., agrd 46. IV E—On the 16th tr.stant, at his residence, Woodlands Villa, St. Lawrence, lide of Menet, Wm. he, Esq., late of Deptford, Kent, in his 65th year. SWAINE—On the 11th Instant, et Wisbeach, Cambridgeshire, Sophia Anne, relict of Rear• Admiral Spelinan Dwaine, aged 76. TROLLOPE—On the 11th instant, at Bedford, Captain Fred. Trollope, of the Bengal Army, son of the late Rem-Admiral Trollope, C. 8.. aged 36. 926