The Press.
London, England, 1858-06-12 00:00:00

THE PRESS, JUNE 12, 1858.

taitql !Parket anb lEttg

FRIDAY EVENING.
THE return of the Bank of England for the week
ending Wednesday last, the 9th inst., shows the
following changes compared with that for the week
preceding :

Decrease in Circulation
Increase in Public Deposits
Decrease in Other Deposits 611,158
Increase in Government Securities.. 52.081
Decrease in Other Securities
Decrease in Bullion
Increase in Rest
Increase in Reserve

Bullion in both Departments
Circulation, including Bank Post
Bills
As revenue is paid into the Exchequer the Public
Deposits increase, and in consequence the Reserve has
also increased, eßpecitaly as the &mend for money out of
doors appears be satisfied independently of the Bank.
A large sum, however, has been returned to private depo-
sitors, and some addition has been made to the stock of
Government Securities; yet notwithstanding these deduc-
tions the Reserve shows a considerable increase of strength.
The Bullion is considerably reduced, but the stock is still
more than 18,000,0001. We see nothing in the general
appearance of the account, or in the prospects of the
Money Market, to interfere with an early redaction in the
rate of discount.

A temporary demand for money prevailed yesterday in
consequence of an instalment of fifteen per cent., or
750,0001., being due upon the Indian Debenture Loan;
This makes fifty per cent. paid up. Upwards of 3,000,0001.
nut of the 4,397,00)1. subscribed for have now been paid up.
There was also some demand in the early part of the week
in consequence of a heavy call due upon the shares in the
Jubbulpore extension line of the East India Railway Com-
pany. With the exception of the demand stimulated by
these circumstances, the inquiry during the week has been
exceedingly moderate. Meanwhile the supplies in the
open miaket are so large that rates on first-class bills have
been at two per cent., and in some instances even lower,
though the average may be quoted at from two and a
quarter to two and three-eighths per cent. The Bank is
receiving but few applications, and its advances on stook
during the shutting of the books are upon a very limited
scale. The commercial inquiry, however, is increasing
out of doors. The rate of discount is maintained at three
per cent. ; but the Bank of France yesterday reduced the
minimum from four to three and a half per cent.
The Bullion operations of the week have not been very
important; but there has been an excess of exports over
imports. The arrivals, including about 50,0001. in silver
from the Continent, have amounted to 207,9751., and the
exports, which include 195,9801., all in silver to the East,
335,7501., leaving a balance against this country of
127,7751. About 140,0001. have been taken from the
Bank : and the Bank has been a purchaser of about
20,0001. It is not yet known what amount of gold is on
board the overdue Australian steamer, Victoria ; nor have
we any intelligence of further shipments of gold from
Melbourne. No doubt the mail, when it arrives, will
bring a goodly list of ships having left with gold on board.
Meanwhile two ships have been at sea, the Medway, 102
days. with 38,4001.. and the Indemnity, 98 days, with
44.5001., making a total of 82,9001.
Foreign affairs have chiefly influenced Public Securities
during the week. The most prominent has been the
question with the United States concerning the alleged in-
terference of British cruisers in the Cuban waters with
American merchantmen. This subject caused consider.
able excitement in the early part of the week ; but it was
moderated by the statements in the private letters brought
by the Persia, and completely extinguished by the
assurances given by Lord Malmesbury in the House of
Lords on Tuesday. Since that period few persons have
taken any real interest in the bluster and bounce of the
American newspapers, though many affect to think that
there is a latent design to make this affair an excuse for
seizing Cuba. The Indian news has, on the whole, pro-
duced a reassuring effect. But yesterday some anxieties
were caused by a morning paper having called attention to
the additions making by France to her naval and military
armaments, implying that the menace involved in these
operations is directed against England; and this morning
attempts were made to insinuate doubts upon the previous
assurances of the Government that our relations with
France are of the most frank and cordial description. On
the whole, however, notwithstanding these disturbing ele-
ments, the value of public securities has been remarkably
steady, the more especially when the dulness of business is
taken into account.
Consols are now quoted without the dividend. Last
Friday they closed at 971 to including the dividend,
being equal to 961 to without. Daring the week the
lowest quotation has been 9.5 f to 1, ex div.; but at the
close yesterday, notwithstanding the alarms attempted to
be created with regard to France, they closed at 98 to 1.
The market, therefore, may be regarded as steady, with
somewhat of an upward tendency. Various purchases
have been made during the week on public account, but
the amount has been unimportant. This morning they
opened at 98 to i, and after a very uneven day they closed
at 951 to 98.
Foreign Stocks have been dull, as far as business is
concerned, and in some instances quotations have de.

dined. Turkish stocks are both flatter, and the New
Brazilian Loan has declined from I to 11, at which it stood
this day week, to 1 prem. to I die.
Railway Shares have partially recovered the fall noticed
last week, and, altogether, they have been regarded with
more favour by the public. Great Westerns had rather .
heavy fall to-day.
Banking, Land, Steam, and Mining Shares have al
been quiet, without much change.
Exchequer Bills have improved. The present quota-
tion is 325. to 38s. prem.
The Continental Exchanges are about the same as last
week; if anything, rather more favourable to this country.
The monthly debtor and creditor account of the Bank
of France, made up to yesterday, was published in the
Moniteur this morning. It shows the stock of Bullion to
be no less than 20,400,0001., and it is otherwise very
favourable ; but the amount of discounts indicate con-
tinued dulness in trade.

Monday next is the special settling-day in the Stock
Exchange for the scrip of the New Brazilian Four-and•a-
Half•per-Cent Loan. The scrip was delivered this day.
The creditors of Messrs. Rawson, Son, and Co., in
the East India and China trade, who suspended on the
2nd inst., met on Tuesday, when it was resolved that
the estate should be wound up under inspection. The
balance sheet showed the liabilities to be 442,1511., and
the assets 457,3931., leaving a surplus of 32,2421.
The Provincial Trade Reports are becoming more
and more satisfactory. Trade is showing more anima-
tion ; but the year must be farther advanced before the
improvement can have been established.

FROM THE LONDON GAZETTE.
Tuesday, June 8.

BANKRUPTCY ANNULLED. WILLIAM Bloom, jun..
Broadwas, Stratford, Essex, cutler.
BAN KRU PTS.—JoHN JAN rsox, Blshopag ate•street Without
sailcloth dealer and sackmaker—PHlLlP ABRAHAM RARNRS and
&lax 13Aawas, Blandtord Forum, Dorsetshire. wool's-splays--
THomas Fut.Lanoox, Pangbourne. Berkshire, harness maker—
ALEXANDER 000, Hope Iron Works, Primrose-street, Bishops-
gate, manufacturer of iron goods—ScitoneLn Caovrrima
simaan and GEORGE UNDERWOOD, Smetheick, Staffordshire,
millwrights and engineers BIN/1111N POTTS, Carter• gate,
Nottingham, victualler—Joserit SLICSTCHLT, late of Cu Iford-
road, Kingsland, now of Aehby-de-la-Zouch, Leicestershire,
civil engineer and dealer in saggars--EINNBYJAMIS CRuTcazrr,
Stonehouse, Devonshire, shipowner—ROßEßT Tani, Weymouth
and Melcombe Regis, Dorsetsbire, confectioner—EDwAaD
WILMA+, Dewsbury, Yorkshire, currier—NATHAN MITCHELL,
Leeds, Yorkshire, cloth manufacturer—Geoeoz ExTerr, Brad-
ford, Yorkshire, draper and outfitter—Gaoling ROBINSON, West
Hartlepool, Durham, builder and carpenter—Jolla ARMSTRONG,
South Shields, Durham, earthenware manufacturer.
SCOTCH SEQUESTRATIONS.- -Jolla YOUNG (deceased),
Burnside Factory, Rutherglen, near Glasgow, power loom
manufacturer—Tacque FoßoaN, Glasgow, contractor and
builder ROBERT CAMPBILL, Oban, merchant GZORCIR
MARTIN, Glasgow. civil engineer and builder—THoitAs Kum,
Motherwell and Glasgow, coalmaster and guarrier.