The Press.
London, England, 1857-06-06 00:00:00

Meng parka aitb Citg

FRIDAY EVENING.
TGE return of the Rank of England for the week ending
the floth ult., shows the following cianges compared with
that for the week preceding :

Increase in Circulation
Increase in Public Deposits
Increase in Other Deposits
Increase in Other Securities
Increase in Bullion
Decrease in Rest
Increase in Reserve ......
Bullion in Both Departments
Circulation, including Bank Post
Bills
This comparison is one of the most favourable that has
appeared for some time past. The Bullion has at last
increased to rather more than 10,000,0001., and the Reserve
of nets is now approaching 5,000,000/. This improve-
ment has been effected notwithstanding that the demand
for money caused a considerable increase in the amount of
private securities. The I'ublic Deposits continue to
inctesse, and the Private Deposits are again creeping up.
Beyond its generally satisfactory features, the return does
not present any features to call for special remark.
The pressure for money has been extremely severe all
the week, and to-day the inquiry was again very active.
The demand has to some extent been exceptional, and
such as could not fail to have been foreseen, inasmuch as
the mercantile acceptances of the month have had to be
provided for, the Consol settlement has been in progress,
and large sums have had to be provided for the payment
of silver for transmission to the East. Independently of
the requirements for these causes, the ordinary trade
demand has not been heavy. Indeed, the necessities of
commerce for the last fortnight have sensibly diminished,
but it is too soon for the general market to experience
much ease from this cause alone ; it will only be telt when
the acceptances created during this period shall have
arrived at maturity. The export lists and the trade
circulars, published in the shipping ports, will, however,
confirm this view ; and its accuracy will he further estab-
lished when the Board of Trade publish the declared
values of our exportations for May and June. So far as
we can learn, the falling off is diffused over our whole
foreign trade, except, perhaps, that with the United States,
and it will probably be most obvious in that with our
Australian dependencies. But, as just intimated, the
applications at the Bank and in Lombard street, for the
ap vial purposes named, have been most pressing and very
numerous. The reserves of all the discount establish-
meuts have accordingly been largely reduced; and as the
supplies have barely been adeouate to the demand, rates
have not only been firm, but have manifested an advanc-
ing tendency. The cessation of the Government pur-
chases of Exchequer Bills has, of course, adversely
affected the supplies in the market, and this has been one
element in maintaining the existing tightness. Another,
and a very material one, has been a continued feeling of
distrust as to the soundness of things in Paris, particularly
as the silk crop is likely to prove a partial failure in
France. So that, what with the substantial pressure upon
them for home purposes, and the prospective condition of
the market in relation to circumstances abroad, it is not

surprising that accommodation has been somewhat spar-
ingly rendered, and that the terms of it have exactly
corresponded. As far as regards the Stock Exchange,
and some of the great money-dealers, a little relief was
afforded on Tuesday by the fact that the Bank will,
daring the approaching shutting, make advances on Go-
vernment Stock and Indian Bonds at six and a half per
emt. for fourteen days, but they must in every case be
repaid on or before the 11th July. It is thought in some
quarters, from the conditions attached to such advances,
and the care taken to impress upon parties applying, that
there will be no extensions after J uly 11, that the Directors
do not contemplate, for some time at least, again lending
on stock as an ordinary banking transaction. There are,
however, one or two circumstances to be noticed on the
more favourable side of the question. One is, that the
golJ•ships from Australia, so long delayed and so anxiously
expected, are now arriving almost daily ; and another
that the bullion in the Bank of France has attained to a
point that we may reasonably expect to see the irregular
purchases made by the agents of that establishment to
cease very soon, if not immediately. On the whole, there-
fore, we anticipate a period of ease in the forthcoming
week, and a better tune of feeling than has prevailed in
the present.
The specie movements of the week have been unusually
) raportant. From Australia, the United States, and South

America, including a small sum from the Peninsula, the
arrivals have amounted to no less an aggregate since our
last than 1,7913,7241. But the exports, on the other hand,
have been scarcely less important. They have reached to
909,(001., but in this amount must be included 701,0131.,
nearly all in silver, despatched to India and China. A
large balance consequently remains in the country, out of
which, as far as we can make out, the Bank has only
purchased about 50,0001. If our anticipations with
regard to the Baok of France are realised, the Bank of
England must absorb fully 200 000/. more. It is true that
the next packet for India and China is expected to take
out about 1,000,0001. in silver; but we hear that the
greater part of this amount, even if it does not prove
exaggerated, can be supplied from the London market, and
that the remainder is already secured from the Continent.
Under all the circumstances our prospects with regard to
specie are rather favourable than otherwise, and the more
so as 200,0'0/. or 300,0001. of Australian gold are still
overdue, and a large shipment is expected to come by the
next mail steamer, which is now due. _ _ .

The Continental Exchanges have been rather flat this
week. _ _ _ _ _

The settlement, 'which was finally closed to-day, has
interfered with business in English Securities, and the
transactions in them generally have been few, arising
principally from the closing of accounts. Consols for the
July account, which left off last Friday at 04f to j, have
been as high as 94} ; but a continuous fall in Rentes and
Shares upon the Paris Bourse, and the scarcity of money
in this market, caused a reaction, and until yesterday they
were as low as 941 to They closed, however, rather
firm at 941, which, deducting the dividend, is equal to 9.2 f.
To day they improved to 91} to I, at which they left off
etc a ly.
Railway Shares all suffered in proportion to Consols
until just before the close yesterday, when they began to
look firmer. Great Westerns have declined the most,
being about 11 per cent. lower than this day week ; French
Shares fully one per cent. lower, and Canadian descriptions
decidedly flatter. The market generally improved to•day
to the extent of about per cent. French shares were
nearly one per cent. higher.
Foreign Stocks have been very quiet, and nearly all a
shade or two lower.

.loint•stock Bank, Mining, and Miscellaneous Shares
have been exceedingly dull.
The committee of the Stock Exchange have this day
ordered the shares of the Rica and Luneburg Railway
Company to be reinstated on the official list, and they are
now quoted accordingly. Tuesday next has been ap-
pointed a special settling-day iu the shares of the Paris
Chocolate Company. The bonds of the corporations of
the town of Geelong and the city of Melbourne respec-
tively are henceforth to be quoted in the official list.
During the month of May the range of fluctuation in
Consols extended to about ore and a half per cent., the
highest price having been 94t and the lowest 921). Exche-
quer Bills, owing to the purchases made by the Govern-
ment broker on account of the Savings•banks, ranged from
ss. dis. to 7s. prem. In Railway Shares a decline was
established in Great Western, North Western, Lancashire
and Yorkshire, South Eastern, and South Western. The
French Three per Cents. recovered only about ft from the
fall of l j per cent. established at the end of April, and no
movement of importance took place on the other conti-
nental Bourses.

The railway calls for June are very moderate, only
amounting to 317,0001.
The Trust and Loan Company of Canada have declared
a dividend at the rate of seven and a half per cent. per
annum.

Interest is now advertised to be paid :on the New South
Wales Government Debentures on the Ist July, and on
those of the Melbourne Gas Company.
The Shipwrecked Mariners' Society have appropriated
5,000/. of their funded property to head a subscription for
an institution to be called the Royal Hospital for Wonrout
and Disabled Merchant Seamen.

The American Pacific Mail Steam Company, acting in
concert with the Royal West India Mail Company, have
made arrangements for their vessels henceforth to touch
at Maxinelle, on the west coast of Mexico, on their route
from California to Panama. This arrangement will
expedite the transmission of silver from that port.
It is announced that the Chancery suit with respect to
the Australian Freehold Gold Mining Company has been
arranged, and that Cis. per share will be paid on the out-
standing 10,465 shares. Any balance that may remain
will be divided pro rata among the whole of the share-
holders.

A reduction of Id. per lb. has taken place in the price of
copper.
Notice has been given that the subscription•list for the
Ottoman (Smyrna) Railway will be closed on the 10th
instant.

The London Wine Company have postponed the consi-
deration of a dividend until the end of the year. The
operations of the company are increasing.
It is annonnced that the. Portuguese Legislature li as defini-
tively approved of the contract entered into by Sir Morton
Peto for the railway between Lisbon and Oporto, and that
arrangements have been made for the settlement of Messrs.
Shaw and Waring's claim in connection with the works
already constructed between Lisbon and Santarem.
It is understood, says a contemporary, that Sir Lawrence
Peel, who was many years Chief Justice at Calcutta, is
about to be nominated by the Government to the vacant
seat in the East India Direction.
At the half-yearly meeting of the Peninsular and Oriental
Steam Packet Company on Wednesday, a dividend,
including the distribution on the new shares equal to
five per cent. for the half year, was declared, free of in•
come tax.

The subscription•list of the Mediterranean Telegraph
Company is closed. A considerable portion of the capital,
120,0001., has been taken in Manchester and Liverpool.

FROM THE LONDON GAZETTE.
Tunday, June 2.
BANKRUPTS.—LEwIs HENRY MYERS, 85,Welleslepntreet
Stepney, dealer iu Manchester goods—GEoHos WILLIAM
GLINISTER and WILLIAM JOSEPH 6LINISTEL Spring-garden-
place, grocers—JAMES WOODS, e 3, Conduit-street, Hanover-
square, 141110Y—CHARLES BUDDER, Basingstoke, Hants, tailor—
JOHN LOWDEN and WILLIAM LOWDEN, 13, Coleshill-street,
shipowners—GLoaos Du MUNI) STARLINO, Ormesby,
Norfolk. grocer—GEoxok WHiELDoS,tlte younger, Wy ke-house,
near Wineanton, Gillingham, Dorsetshire, brick and tile maker—
JOHN JOSEPH Buooixs, Birmingham, silver plater—JOHN
Burrs, 16, West-street, Bristol, grocer—GEORGE MarrtiEw
HALE, Cardiff. Glamorganshire, victualler—THOMAS GREEN.
woou and SAMUEL NINO, Cannon-street, Devonport, builders—
ROBERT NOBLE, Whitby, Yorkshire, dentist—BzwJamiN CHAD'
wick, Liverpool, chronometer and watch maker—Jons EVANS,
Spring-vale-works, Whitefield, Lancashire, bleacher—RlCHAßD
WALBUEN, Howdon. near Crook, Durham, grocer.
SCOTCH SEQUESTRATIONS.—Jas. RAtsrnN, C oweaddens-
street, Glasgow, ironmonger—..ROBERTSON Brothers, Glasgow,
tea inerchahts—ANGUS SHAW, CuWeaßldeUS, Glasgow, glass and
china merchant.

Friday, June 5.
BANKRUPTCY ANNULLED.—DA-ID Mantle', Cardiff,
Glionoraaoshire, boot maker.
..... _ _

BANK RUPls.—Jaitwa bwaw, Ssuthouer,
near Leeda, grocer
—CHARLES KNOWSLEY, Exeter, draper—JAMES
Strand, auctioneer—Joitx FREDERICK GOODERSD, Piccadilly,
wine merchant—S.lmm. Ciaorrici, 131ackniars•road, hatter.

glitrupalitan 41arlitts.

(Reportedemelusirelyfor" Ma Pities.")

- -
CORN EXCHANGE—The present week's arrival of
wheat, coastwise and by land carriage, has been very moderate :
nevertheless, the demand has somewhat fallen off Priers
have been tolerably firm, and in some instances really nod
qualities have produced is per quarter more money. Very large
imports of foreign wheat have been reported. That article ha',
therefore, moved off slowly, but without leading to any chaiwe
in value. Doming cargoes of grain have sold at fall currencies.