The Dorset County Express and Agricultural Gazette.
Dorchester, Dorset, England, 1865-07-04 00:00:00

COMMERCIAL ARTTCLE.

The funds after steadily declining since our last have
rather rallied towards the close of the week. The
advance, however, can only be described RA fractional,
consols remaining at 90 to 1 for delivery and 901 to for
the August account. Bank stock left off at 247 to 249;
reduced and new three per cents. 891 to 1; India Sr.
per cents. 1041 to I; Rupee paper 101 i to 1024 and
109 to 110. India Bonds 17s. to 21s. atd Exchequer
Bills par to 4s. pm.
Friday being the last day of the quarter the demand
for discounts was very heavy at the bank; where there
were no gold operations during the day. But by the
increase of £610,000 this week in the Bullion of the
Bank of France, the total held by that establishment is
raised to £20,500,000, • sum higher than has been
touched for several years —in fact during the spring of
last year the amount at one time fell to £6,000,000.
The return from the Bank of England for the week
ending the 28th of June gives the following results when
compared with the previous week :
Rest £3,231,099 ... Increase ... £10,140
Public deposits ... 10,487,984 ... Increase... 908,691
Other deposits ... 13,724,188 ... Increase ... 57,622
On the other aide of the account :
Government securities £10,430,025 ... No change.

Other securities £22,038,075 ... Increase £1,285,730
Notes unemployed... 8,817,140 .. Decrease ... 347,250
The amount of notes in circulation is £21,125,845,
being an increase of £421,390, and the stook of bullion
in both departments is £16,407,866, showing an increase
of £112,758 when compared with the preceding return.

The revenue returns for the quarter ending Friday
have been issued. They show • oonaiderable decrease
from the eorresponding quarter of laid year, arising, no
doubt, from the reductions made in the budget of 1964
not having taken full effect in the first quarter after
their announeement. The Customs and the property
tax have each fallen off more than a quarter of a
k million, and there is • further diminution to the extent
of more than £200,000 on some of the other branches of
I revenue. The only counterpoise to this is an increase
of £lO,OOO on the Post Oillos, and £l,OOO each on the
I Exeter, and the Crown lands. The net stemmas is
£736,680 on the quarter, and £494,903 on the last four
quarters.

The Board of Trade returns for May, compared with
those of the corresponding month of het year, show •
falling off of £981,882, or about 7 per cent, in the de-
clared value of our shipments Compared with the
correspouslieg month of 18811, however, they show lin
inseams of 81,910,40, co 17 per cent. The reduction
from lest year is 'Omen entirely mused by the fall in
the priderirdoltolt and other important staples, and not
by any diminution of employment—a fact illustrated by
the ciroumstance that, while there has been a falling off
of 21 par mut, in the salmi of our shipments of cotton
yarns, sad of 10 per cent in those of cotton manufac-
tures, the quantity of yarns shipped shows an *mew of
11 per cent., and of manufactured goods an leglineee of
8 Per eette• The Offesecal trade of the month ill.* at
very *Ms Maio al *Maeda. Amos Me ON

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