The Liverpool Standard and General Commercial Advertiser.
Liverpool, Merseyside, England, 1856-01-08 00:00:00

irfffiP LIVVRpOoL sTANbARD.

LITERARY A.N,D PHILOSOPHICAL

SOCIETY.

THE ordinary monthly meeting of this society was held at
the Royal Institution, last evening ; Mr. M'Andrew, the
president, in the chair.

COMMERCIAL • and MONETARY NE TVS.

MONDAY NIGHT.

NOTWITHSTANDING the absence of any exciting causes
to lead to speculative movements, the Funds have
shown a downward tendency, owing to the continued
decrease in the stock of bullion, as shown by the Bank
returns, and the uncertainty which prevails as to the
negotiations for peace. Existing circumstances are,
however, on the whole, very favourable, as it is said
the number of acceptances falling due on the 4th of
the month were generally well met, and the discount
houses have not sustained any undue pressure. Money
for commercial purposes has been moderately plenti-
ful, and this fact has tended, in some measure, to stay
the decline in the Funds, which at one time threat-
ened to be very rapid.
The returns of the Bank of England published on
Friday show another decline in the stock of bullion,
to the extent of £180,130 ; and as there is also an
increase in the actual circulation of £272,545, the re-
serve of notes has decreased £500,855, leaving a balance
of £5,963,850. The increase in the public deposits is
about half-a-million, and the private securities have
increased £573,737, showing that the demands for
accommodation have been on the advance, and have
been met by the Bank of England to a fair extent.
Notwithstanding the apprehensions professed to be
entertained for the financial powers of the Bank of
England, it cannot be denied that a reserve Of about
six millions ought to afford some grounds for security
against such a pressure as produced a monetary crisis
about eight years since.
The return from the Bank of England for the week
ending the Nth December gives the following results,
when compared with the previous week :

Public Deposits ... £5,843,932 ; Increase ... £499,179
Other Deposits ... 12,362,512 ; Increase ... 121,055
Rest ... 3,235,328 ; Increase ... 15,451

On the other side of the account:—
Government Securities.. £10,426,292; Increase ...£496,095
Other Securities ...... 19,777,860; Increase ... 673,737
Notes unemployed ....:. 5,903,85 q Decrease ... 500,865

The amount of notes in circulation is £18,700,615,
Iteing an increase of £320,725, and the stock of bullion
in both departments is £10,820,143, showing a
decrease of £161,602 when compared with the preced-
ing return.

ISSUE DEPAIITMENT.

Notes issued ... £24,664,465 Governmt. Debt £11,015,100
,Other Securities 3,459,900
Gold coin & bu11'n.10,189,465
Silver bullion ...

£24,664,465

£24,664,465

BANKING DEPARTMENT.
j Prop,,Capital ... £14,553,000'G0v. Securities £10,425,292
Rest - - . 3,235,328 Other Securities 19,777,860
Public 'Deposits 5,843,932 Notes ... 5,963,850
Other Deposits 12,362,512 Gold & Silvertioin 630,678
7-clay & other bills 802,908
£36?'797,68

£36,797,680

0118 SHARE MARKET has been chill and inactive
throughout the past week; not much real business.
This evening we ,elose very flat. Caledonian, 26i ;
Eastern Counties, n 11-16 -I; East Lancashire, 172
7-16 ; Lancashire and Yorkshire, 761 s 1 ; Man-
chester, Sheffield, and Lincoln, 231 s ; Midland, 631
1 63 ; North British, 7 5-16 ; South Eastern, 17 1-16
q 74; Manchester, Sheffield and Lincoln, preference,
4{£ 10 shares), 13,3- ; Great Western of Canada, 244 1.
COTTON.—IIe market during the week has been
rather depressed, partly on account of the increased
value of money, yet occasioned quite as much by the
advices received from America intimating very large
receipts. Prices of American descriptions have, con-
sequently, been irregular and slightly lower, the decline
reaching from 1-16 d. to 0. per lb., the greater decline
being on the better qualities. The sales during the
week, up to Friday. had only 'reached 23,720 bales, of
which 1,200 were taken on speculation, and 13330 for
export, leaving 21,140 for the trade. To-DIY the
market continued flat, the supply being large and the
demand rather limited. Since Friday the sales are
about 13;000 bales ; of whiCh 2,000 are for speculation
land export, without change-in price.