The Press.
London, England, 1856-07-05 00:00:00

lone Varitti ad (Eitg Intelligente.

FRIDAY EVENING.
Talc return of the Bank of England for the week ending
June 28th shows the following changes compared
with that for the week preceding:—

Increase in Circulation .
Increase in Public Deposits
Decrease in Other Deposits
Increase in Securities
Increase in Bullion
Increase in Rest
Increase in Reserve . .

Circulation, including Rank Post
Bills
Bullion in Both Departments
In all essential respects this comparison indicates a
stronger position on the part of the Bank than it has at-
tained at any period since the early part of September last.
The additions to the Bullion and the unemployed notes are
very considerable ; but as the Public Deposits, notwith-
standing the large increase stated above, are still below the
minimum required for the payment of the dividends, it is
probable that a portion of the Reserve will have to be em-
ployed in advAnces to the Government upon Deficiency
Bills. In the event of any considerable sum being so re-
quired, it is not likely that the rate of discount will be re-
duced so early as next Thursday.
During the week just closing the demand for money has
been upon the most moderate scale, while the supply has
been ample ; and the business of the Bank in discounts
has continued to fall off, through the competition of the
Lombard-street houses. The mercantile interest, aware of
this state of things, and foreseeing the certainty of money
becoming lower, have, especially in the current week,
abstained as much as possible from applying for
discounts; and, as a necessary consequence, bills have
been somewhat scarce in Lombard-street as well as at the
Bank. There was almost a general conviction
yesterday that the minimum rate would be reduced to tour
per cent.; but no change was made, the court, it is said,
preferring to sacrifice profit for a time rather than incur
the responsibility of waking money cheap too suddenly.
The prudence of this policy is greatly commended; bi t
the reason assigned for it does not obtain very extenso •
credit. One is stated which appears to be ter inure satis-
factory. The Government Deposits on the 21st June were
4,132,1101., and they were increased last Saturday by the
payment of the twenty per cent., instalment, or
1000,0001., upon the new loan. This, with other pay
ments, has raised the public balances to little more than
5,500,0:101., and it can hardly be expected that the current
receipts on account of revenue will swell the aggregate
beyond 6,000,0001. This would be but a moderate provi•
sion for the July dividends, to say nothing of current
outgoings. To secure ample provision, therefore, for
these accruing liabilities, resort must be had, as intimated
above, to Deficiency Bills. In this way the Bank will
profitably employ a portion of its Reserve; and it is
most probably from this cause that it has apparently dish
garded its immediate interest in respect to the competi•
tion for commercial discounts.
Consols lest Friday ;losed at 95 to i ex. div., and to-day
at 951 to j, having yesterday touched Ott. The improve-
ment, therefore, has averaged nearly three-quarters per cent. ;
and it has been s_.stablished, not from increased demaud
only, but from a generally diffused confidence in the cheat •
ness of money, in the prospects of the harvest, and in di
continuance of amicable relations with the United State .
The Neer Three per Cents. have been extensively dealt in
for investment, and the scrip of the new n has beta
in moderate but constant demand. The tone of the mark,
however, rather changed to-day, and there was a decline
a quarter upon the closing prices of yesterday. The nate,
tion was owing to some remarks in a morning =nova

JULY 5, 1856.

ray, iu which it wan assumed somewhat too confidently
that we ire upon the eve of a speculative mania to end in
a crash like those in the years 1825, 1836, and 1847-
The market left off heavy at 95i to I. Bank Stock, 2184.
Exchequer Bills have improved ; the premium has ad-
vanced since our last no lees than Bs. upon large descrip-
tions, and 10s. upon small. They are now dealt in at 19s.
ti ils. premium.
Railway Shares advanced on Saturday from one to three
per cent., and the improvement has since been maintained,
with the exception of some speculative descriptions which
obtained an inflated value for the time. London and
North Western have touched 113, a price they have not
attained for a long time past, and they cannot now be had
under 1091. Moat of the other heavy stocks continue at
the advanced quotations, whilst the tone of the market
remains favorable to a further rise the first opportunity.
Today quotations were flat at the opening, owing
to the same influences which depressed Consols,
although there was no pressure of sales to cause a decline.
at the close quotations were from three-eighths to a half
lower than yesterday. In this case, as in Consols, the re-
action is trifling compared with the extreme rise which
took place on Saturday. French lines have almost wholly
recovered the late depression. The new undertakings are
Ist; but Canadian descriptions are firm.
Foreign Securities have generally been good ; but Turk-
ish Six per Cents. fell 21. to-day.
Joint stock Bank Shares have nearly all improved.
Numerous investments have been made in the shares of
the older establishments, and Australian have been in
special demand.
A call of 401. per share has been made on the share-
holders in the Loudon and Paris Bank,-201. payable on
the sth August, and 201. on the 15th September, after
which the bank will commence business. The charter of
incorporation was obtained on Wednesday.

BANK OF ENGLAND.
An Account, pursuant to the Act Ttb and Bth Victoria, cap. 32
for the week ending on Saturday, the 28th day of Jute, 1858.

'OROS OZPLATIELNT.

Notes issued ...o ►26,903,9701

BANKING DI
Proprietors'CapltalSl4,ss3,ooo
Best
Public Deposita* 5,704,470
Other Deposits
Seven Day 3 other
Bills

Government Debt /11,015,100
Other Securities .. 3.414,90 n
Gold Coin I Bullion 12,49P,970
Silver Bullion

Government Secu-
rities (including
DeadWeightAn.) 111,978,166
Other Securities 14,80,968
Notes 7,38t1:71S
Gold* Silver Coin 644,780

£54,119,616

trd
8

THE PRESS.

Etrousx—Wheat, Essex and Kent red. 684 to 79e: whits.
688 to 853: Norfolk and Lincoln red, 66s to 77a. Ms!
40e to 45s ; grinding ditto, 35s to 38e : distilling, 88e to 418
Malt, 67e to 835. Feed oats, 258 to 288; potato, 27s to 325.
Rye, 40s to 425. Tick beans, 368 to 408; Harrow, 381 to 418;
pigeon, 428 to 465. Grey peas, 38s to 406 ; maple, 428 to 445;
white boilers, 458 to 498 per quarter. Town-made flour, 658 to
68s; country marks, 538 to 655; households, 578 to 608 per
88011 m.

ARRIVALS THIS VIBE'.
Wheat. Barley. Malt. Oats. Flour.
2960 .. 120 .. 810
Irish
Foreign... 3750 .. 3070 .. .. 26440 .. bls.
2280 aka
LONDON AVERAGES DECLARED ON FRIT) kV—Wheat,
4,612 quarters, 7913 d ; barley 297 quarters, 37s 10d: oats. 2,239
quarters, 24s 3d ; rye, quarters, ; beans, 210 quarters,
41.74: peas, 8 quarters, als 24.

. -
IMPERIAL WEEKLY AVERAGES—Wheat, 72s 6d; bar
ley, Us bd; oats, 26e 9d ; rye, 48s 10d; beans, 445;
peas, 42s 3d.
THE SIX WEEKS' AVERAGES—Wheat, 69s 3d; barley,
38s 9d; oats, 24s bd; rye, 45s 7d; beans, 42s 9d; peas,
10. 6d.

ENGLISH GRAIN SOLD LAST WEEK—Wheat, 93,834:
barley, 4,598; oats, 9,443; rye, 91; beans, 3,141; peas, 3eo

quarters.
BREAD—The prices of wheaten bread in the metropolis
are from eid to lOid; of household ditto, 8d to 94 per 41bs
loaf.
TEA—Our market continues to be extensively supplied
with all kinds of tea, in which only a moderate bust
nese is doing, at late rates. Congou, Rad to 25 8d;
King Yong and Oolong, 10d to is 10d; bouchong, 9id to 2a 84 ;
Flowery Pekoe, la id to 3s 10d; Caper,— to —; Scented Caper,
Is 3d to is lid; Orange Pekoe, -- to ; Scented Orange
Pekoe, is 44 to 2a 6d ; Twankay, ;A to Is 2d ; Hyson Skin, 84 to
Is 2d: Hyson, Is 2d to 4s ; Young Hyson, dfl to 2s 6d;
Imperial, lid to Is 44; Gunpowder, 8d toes 6d; Assam, Is 6d
to 4s 4d per lb. Up to Saturday last duty was paid on
23,714,6751b5, against 29.837,7151ba in 1855.
SUGAR—The show of samples is not to say extensive;
nevertheless, dealers operate with extreme caution, and in some
instances prices have given way 6d per owl. tiarbadoes has
realised 40s to 47s 6d ; Mauritius, 37s 6d to 48s; Bengal, 40s
to 47s 64 per ewt. Refined goods are a slow sale, at from 555 tid
to 58s 8d per cwt. The total clearances to the 28th ult. were
1,862.!'89 cwts, against 2,616,628 in 1855.
MOLASSES—We have a fan. demand for most kinds. Prices
range from 20e 6d to Its per cwt.
COFFEE—Plantation kinds have been tolerably firm, at full
quotations. Good ord native Ceylon has sold at from 50s to
hl a per art,. Moat other coffees are quite as dear as last
Week.
t/C OA—There is only a moderate inquiry for this article, and
late rates are barely supported. Red Trinidad, 56s 6d to :.fis;
grey, Ms to Hs Granada, 48s to 52s ; Bahia and Pars, 42s to
4de ; and Guayaquil, 48s to 48s 6d per cwt.
RICE—The stock continues untsually heavy. Most kinds
are, therefore, slow in sale, at barely late rates. Good pinky
Madras, 85 6d to 9s; Patna, 14s to 14s 6a: small, 13e to 13s
per cwt.
COTTON—mere is a steady sale for nearly all kinds, at fully
last week's quotations. The quantity on offer is limited.
WOOL—Our market is exceedingly heavy. and prices are
barely supported. The next public sales will commence on the
17th mat, when over 60,000 bales will be brought forward.
HEMP AND FLAX—Most kinds of hemp are in fair re-
quest, at very Bill prices. The demand fa Sax is by no means
active.
INDIGO—The public sales will commence on Tuesday. The
demand is exceedingly heavy.
SALTPETRE—Our market Is Eat, at barely late rates.
METALS—Scotch pig iron has sold slowly, at 73a to 73a ficl
per cwt on the spot. Manufactured parcels are dull. Rails at
the works, 81 to 81 2s 6d; common bars, 7117's 6d to 8!; and
Staffordshire, 91 to 91 lls per ton. Tin is dull. Banca, 185 e 6d
to 146 ; Straits. Ib4s to 131 e ; and relined, 138 s to 139 s per
cwt. In tin plates very little is doing, at the late decline.
Lead moves off slowly. British pig, 2115 s to 251 10s; Spanish,
241 per ton. Sheet copper is quoted at Is per lb. Speiser, on
the spot, is worth 141 to 251 per ton.
SPIRITS—I hers is only a moderate business doing in rum,
yet prices are supported. Proof Lewards and East India, Is LI
to 29 2d per gallon. No change in the value of brandy.
Raw spirit, proof, 10s Id ;c Geneva, 2s 10d to 3s 10d per
gallop
HOPS—The plantation accounts are still unfavorable. For
most kinds of hops we have a fair demand, at full prices. Mid
and East Kent pockets 31 els to SI 10s; Weald of Kent.,
31 3s to 515 s ; Susesx.3l to 41 1.5. per cwt..
POTATOES—OId qualities are now out of season. New ones
are steady, at from 8s to 10$ per cwt.
OILS--Linseed oil has sold at 34s to 34s 6d per owl. In
turpentine very little is doing. Spirits, 30a aid to 32s par cwt.
Roogh, 8. 94.
TALLOW—Our market is firm and prices have an upward
tendency. P.Y.C., on the spot, 472 8d to 48s; and ttr the
lot three months, 48s 6d per cwt. Town tallow, 48. net cash.
be
Moor, 13s 6d; Wyloll, lie !d; Riddell,
15s; Sallee, 16aStewart's, 17s fiu; Braddyll, 16s 6d;
Hatton, 17e 6d; lembtoti, 175; Belmont, 15s 9d; South
Hettou, 17s edf Heugh Hall, Ills 64; Tees, 17's 8d; Eden
Main, lee; Hartlepool, 17s 6d; Howell, 17s 9d; Montague,
15a 3d per ton.
METROPOLITAN CATTLE—In the early part of the
week we had a very slow sale for most kinds of stock. and
prices bad a downward tendency ; but on Friday the trade was
brisk, at a general advance of 2d per Albs. Beet said at from
3s Pltl to Is 2d ; mutton, 4s 2d to Is Bdm be to 8s
veal. Ss 10d to 5s 24; pork, is 4d to 4s 108 per Blbs to sink
the offal.
NEWOATE AND LXADENFIALL There has been a
fair demand for each kind of meat, as follows: -Beef,
from 3s 4d to 4.s 84 • mutton, 3s 104 to as; lamb, Ribs to
Is 84; veal, 3s 64 to '4s 104; pork, S. 64 to 45 84 per by
the carcase.

BIRTHS.
DICEINS—On tbs 28th ult., La Argyll-street. Mn. Charles
Diekine. of a son.
LUSHINGTON—On the Seth ult., In Mansileld•street, the wife
of C. M. Lnshlngton, Esq., M.P., of a daughter..
IiALDEN--On the lAtJa ulc, in Raton-square, VisoneMbeits
Malden. of a daughter.
SYNGE—On the Ind tnatet, at 5, Cumberland-street. Eleaton-
square, the wife of W. W. Follett Synge, Esq., of a sons
_ _ _

ei.rbsbaciAarstaft
FITZGETtALD—STOURTON—On the 25th ult., at Solute, on
Spalding-moor, Sir James George Fitzgerald, Bart., of Cork,
to Blau& Mary, daughter of the lion. Philip and Xro.
Stoorto*, of Ko%nwball, looksbiro.