The Liverpool Standard and General Commercial Advertiser.
Liverpool, Merseyside, England, 1856-02-12 00:00:00

COMMERCIAL and MONETARY NEWS.

MONDAY NIGHT.

There have been some slight fluctuations in the value
of the Public Funds, but the general tendency has been
upwards, the feeling of confidence in the successful
termination of the negotiations for peace growing
stronger as the time draws near for the opening of the
Conferences at Paris. The more favourable aspect of
the Bank Accounts had also some influence in the same
direction, and the advance would no doubt have been
greater had it not been for the continued demand for
money which has been largely in request during the
It week. appears from the answer given to a question
in the House of Commons, that the Government do
not intend to propose any reconsideration of the Bank
Charter during the present session ; but as the subject
is one of very great interest to the mercantile- com-
munity, it ought and no doubt will be pressed upon
the attention of the Legislature, so that a relief may be
afforded from the present high rate of discount.
The returns of the Bank of England for the week
ended the 2d of February, show an increase of the
stock of bullion to the extent of £359,773, and as there
is also a decline in the actual circulation of L 177,970,
the increase in the reserve of notes unemployed is
£537,010. This is as favourable an account as could
have been expected, as the increase in " other securities"
is no less than £1,465,841 showing not only the
greatly increased demand for accommodation, but also
the little injurious effect it has had upon• the resources
of the Bank, which, after discounting to the amount
of a million and a half additional, has more than half
a million increase in the unemployed notes or power of
further discounts.

The arrivals of specie during the weekhave amounted
to about 2350,000, of which the whole or greater part
is said to have been taken for export.
At Manchester there has been a fair amount of
business doing, and previous prices have been firmly
maintained ; whilst, owing to the prospects.which open
of a better trade shortly with Germany as well as the
Levant, there is a considerably improved feeling, which
tends to strengthen the market. In the woollen trade
there is also a tendency to improvement, and prices
are somewhat higher, with the expectation of a still
further advance, as stocks generally are short. The
hosiery trade is active, but lace is rather quieter.
The corn-markets lately have experienced a con-
siderable decline, owing to the recent large importa-
tions ' • and, as the arrangements for peace will probably
lead to an increase of foreign supplies, it is expected
that the market will go stilflower.
- -

The prospectus has been issued of a French and
English undertaking, to be called the Alliance Bank.
The capital proposed is £BOO,OOO in £2O shares, on
which the deposit will be £5. The head office is to be
at Paris, with branches at London and Constantinople,
and the administration will be entirely under the
French laws, and subject in the usual manner to the
control of the French government. The number of
directors is 14, of whom 8 are English .and t 6 French.
The return from the Bank of England for the week
ending the 2nd February gives the following results,
when compared with the previous weekz—

Public Deposits ... £3,782,879 ; Increase ... £518,676
Other Deposits ... 13,807,258; Increase ... 935,705
Rest 3,410,082 ; Increase ... 33,450
On the other side of the account:—
Government Securities.. £12,092,361; Decrease... £543,900
Other Securities ...... 18,216,497 ; Decrea5e...1,465,841
Notes unemployed 5,411,985; Increase ... 537,010
The amount of notes in circulation is £19,120,635,
being a decrease of £177,970, and the stock of bullion
in both departments is £10,705,876,5h0wing an increase
of £359,773 when compared with the preceding
return.