The Press.
London, England, 1857-05-23 00:00:00

TIIE PRESS.

referred to in our last, has been taken for Paris : 30,0001.
has been sent there this week, being the whole amount
brought by the arrival of one of the overdue Australian
ships. ['he Marabout arrived at Plymouth to-day from
Melbourne with 180,0001. So active is the French de-
mand that the whole was immediately purchased for
Paris. It is reported that the Bank of France has
engaged with Messrs. Rothschild and another house in
London for a supply of 1,200,0001. gold within six weeks or
two months. on the other hand this report is denied, hut
it is admitted that a previous contract has not been ccm-
pleted, and that to do so 000,0001. are required. We have
some reason to believe that a new contract has been made,
partly of a positive and partly of a contingent character,
for the supply of at least 1,000,0001.; but, whether under
the new or under the old engagement, there is no doubt
that orders ou a'.count of the Bank of France for purchases
are in course of execution in this market, and that so long
as they are in force the Bank of England is not likely to
increase its stock of bullion, but rather to see it fall off to
some extent. Some arrivals of silver are expected from
Mazatlan, in a Government ship, either at the end of this
month or the beginning of June; between 34)0,0001. and
400,000!. is named as the amount. This will assist the
silver market here, which at present is very firm.
The Continental Exchanges continue firm. Those with
the United States are still favourable for the transmission
of specie to this side. From India they are stimulating
the export of silver. To-day they were rather less favour.
able on Paris, but on other places there was no alteration.
Four failures connected with the manufacturing districts
are reported this week. They are all of middle-class firms
—some proof of the quarter wherein the existing pressure
is felt the heaviest.
Something like consternation has been produced in
Paris by the stoppage and flight of M. Charles Thurneyssen,
a banker and share-dealer, with debts estimated at $OO,OOOl.
Gross misappmpriations of large sums of money appear to
have been made by this individual, and great suffering
will be the consequence among certain highly placed
personages. In one case the sum is mentioned as no less
than 300,0001.; bat this is probably an exaggeration. M.
Tharneyssen was closely connected with some of the
leading directors of the Credit Mobilier, and had other-
wise abundant facilities for carrying on his operations.
How much money he has lost by speculations on the
Bonnie does not, and probably never will, appear ; but
justice is pursuing him for his fraudulent misappropria-
tions. It is supposed he has absconded to America. If
so, he will probably be given up under the Extradition
Treaty between the United States and France. This
event has revived the distrust always felt here as to the
financial soundness of the operations of the Credit
Mobilier.

The Bank Broker has daily continued his purchases of
Exchequer Bills for the savings•banks at the rate of
30,0001. per diem, 'luring the week.
Console, which left oft' at 941 last Friday, have not
maintained that quotation since. They began to decline
on Saturday, and the downward movement, with few in•
terruptions, was continued till Wednesday, when they left
off at 94 exactly. After business hours that day it trans
pined that the Bank of Fiance was buying gold. This,
with the failures here and in Paris, caused quotations to
open a quarter per cent. lower yesterday—namely, at 93f
to 1, front which they receded to 931 to 1, but eventually
rallied to 931 exactly, at which they finally left off. Sales
have preponderated all the week, many of them by the
public. who have wanted money. The Greek speculators,
however, were heavy sellers on Wednesday, principally on
the accounts they received from Finis. This morning the
opening price was 931 to 94, but quotations soon receded
to 93f to 1, at which they finally left off weak. Large sales
were made. One dealer was a bona fide seller of 190,0001.

Railway Shares are fully one and a half per cent lower
than this day week. Transactions have not been nume-
rous, but speculators have been moved to sell by the
aspect of the Money Market, while the fear of high con-
tinuations has for the time extinguished the enterprise of
the operators for the rise. The fall has extended pretty
nearly over shares of all descriptions.
Foreign Securities have also declined. Turkish Six
per Cents. are about one per cent. lower. Mexicans a
quarter. Business uniformly dull.
Joint-stock Bank, Mining, and Miscellaneous Shares
have all been heavy, with a very inactive business.
The Shares in tie Atlantic Telegraph Company have
further declined. They are now quoted at 60 to 40 dis.
The Attorney-General is not quite insensible to the
demand made upon him for a criminal prosecution of
some of the British Bank directors, for in the House of
Commons last night he condescended to intimate his
determination to try whether the law as it stands is not
strong enough to reach their delinquencies. This has
given satisfaction in the City; but the Attorney-General
must show more vigour in the fulfilment of what is believed
to be his duty before he can hope to be very popular among
commercial men with a keen sense of right and wrong.
His bills, so far as they are understood today, to make
fraudulent breaches of trust criminally liable, and to
facilitate the winding•up of joint-stock companies
unable to meet their pecuniary engagements, are generally
approved.
The South• Eastern Railway have now extended the
' through registering spitcm " for luggage to Brussels,
Cologne, and other places in Germany, via Dover and
Calais; and the examination will be made at London-
bridge instead of at Folkestone.
The prospects of the silk crops in France, Italy, and
Spain are now exciting a great deal of interest, as their
results will seriously affect the state of the Money Market
upon the Continent and here also. So far as we can see,
the crops in France are fair and good. The mulberry
leaf is flue and abundant, but the price is high. In Italy,
there are at present no unfavourable indications, though
Lombardy is at present doubtful; and in Spain the crop is
" half-good."

SATURDAY,

The arrangement by Messrs. Coutts and Co., to which
we referred in our last, with regard to the allowance of
interest on deposits, is limited to those customers only who
may desire temporarily to employ large balances.
A further dividend of sixpence in the pound has been
announced by the inspectors of the estate of Messrs Reid,
Irving, and Co., the amount previously distributed having
been t2s. dd. in the pound. In their circular to the
creditors the inspectors seem to have it ye.t in their power
to continue " further and more considerable dividends."
The creditors of Mr. William Pitcher of Northtleet, ship.
owner, dc., who lately suspended, have agreed to take
Us. sd. in the pound, to be paid withie two months.
The death of Mr. James Freshtield, jun., the solicitor to
the Bank of England, is announced. He was in his fifty-
third year. His loss will be extensively felt among the
leading commercial interests of the City.
The Provincial flank of Ireland have declared a dividend
of four per cent. for the half-year, with a bonus of six per
cent. free from income tax.

lu refereuee to the case of John S. Tripp, a bankrupt,
the committee of the Stock Exchange have officially de.
dared that any broker selling stock or shares to their
principals without having made the purchase in the
market, trusting to get each stock or shares on their own
account, at some favourable subsequent turn in prices, is
liable to expulsion for the first proved offence.

The Provincial Trade Iteportsare not of a very satisfactory
character this week, particularly those from Lancashire.

BANK OF ENGLAND.

An Account, pursuant to the Act 7th and Bth Victoria, cap. 3$
for the week ending on Saturday, the lhth day of Jlay, latt7.

HMV DtPAITMENT.

Note, issued .... 423,594,;b0 tiovertmient Debt 411,015,110
Other Securities .. 3,459,9 N
Gold Com it Bullion 9,119,7 u)
Silver Bullion ....

t23,59i,1110 I
BANKING DMIPAIITMENT.

£28,494,790

ProprietorieCapital4l4,sb3,ooo Government Been.
(test
Public Deposits's 8,661,921 Dead WeiglstAmj 410.329.011
'Aber Deposits
Seven Dry d other Notes
724 030 I Gold A Silver Coin 74,012

i 133.858,391 I £33,M8,391
• Including Exchequer, Commissioners of National Debt,
Savings' Banks. and Dividend Accounts.

BRITISH FUNDS.— Closing Prices.
OFFICIAL QUOTATIONS.
Mond., Thad. Wed. Thurs. Friday

11 per Cent.Consols 994 4:94 4 981 i 1 931 4 93t
Ditto for Account '4l 1 19x1 4, A 1981 1 .91$
per Cents Reduced .... 924 1' 924 921 1921 I 1 92$ t
3 per Cents
1.0119 Annuities
Wiwi bLuck. 7 per Cent 2134 2 2131 218
New 2$ per Cent Annuli — 78
Kielt. J;u... (June) Bp2 Sp 23p 2p 19 1p
indislionds,(l,oool.) id 278 7d 4d 1 -
FOREIGN RAILWAYS.
Maud. Tuesday. WORM
Gi 74 64 71 11 01 7
11 I;
1 Ozd 14 Id 12 lidis
107 9 la 9 107 9
21
281 i 1 2
2134 1 YBt 41
SO 81,, 301 30 1
19 20' 19 20 19 SO
St.B 1 1 8 Ai d
9 i 38 s 39 11
394 0 8 9 81 9
14 5861 941 g
:Mt 1
56 bet 56 52 36 56

Antes. i Rttrdm.
Belgian East. J.
Dutch Itheuleir
Rut Indian
Gt. Indian Pen
tk.W .01 Can.,Bll 1
Lyons & Geneva
Madras
Namur& Liege
Nrthrii.of Eruct
Norw. Truk.Prl
Paris & Lyons
Paris t Orleans
Parts t Rouen

TAwu Friday
! 61 7 i
GI
It 1
1$ Id 1 id
107 9 107
I 1 21 I
131 I ,
.221
3f4,4
1149 i 401 20; ri
I 110 40: 19 30
$Bl ;
37i di 37i 8
at pi at
for 4
56 81 la 53

SHARES
RiILWAIS—
1184 9 8i 9 8i 9 3 a i
. I—. --
4:
Bristol mid Exeter
Caledouian
Chester and Holynead 35 6 ,35 6 dbi d$ 30 7
Cork and Bandon
Dub:in 1 Belfast June. d d d 11
East Anglian ,'9 2017 20 19 20 181 9;
Eastern UnioL(B)
East Lancashire l9B 99 971 b 1,974 8e Voi 56
Eastern Counties
Great Northern
Gt. Bth. and Wet of Ire. 103 b 103 51103 4 103 5
Great Western
Lancashire& Yorkshire 1011 2 1014 3 101 i ii4lll 1
Lon.,Tilbury& 8. Brkg. —P. P 1 V
Lon.,Brightonotc lll 12 111 12,111 12 111 12
London and 131ackwall 61 6jll CI Illi 6C611 61
London and Nrth-West. 1064 5 1031 0 108 5 11"5 3
I
Midland
Newmarket
Newry and Enniskillen ,
-- -- .. -
Norfolk
Nrthrn.CountiesUnion 34 id 31 id 31 Id;3i 65
North British 143 4 49 4 424 :14 424 Si
North Staffordshire 4; id 5 4191 6 61t1 5 fid
North-Western 7l 8 ' 71 8 174 8 i is di
Oxf.,Wrestr., and Vigil,. edi 11 301 111 0 1 110 1
Scottish Central
Scottish Midland l7O 270 2 110 270
South Devon
South-Easternand Day. 744 51,76 74 74 4 74 I
South-Western
South Wales B6 786 7'86 7 96 7
Waterford & Limerick —l 1
111scatLawzous— I
Australian Agricultural 13120; 1942009 2011 e 50
IA Canada
Crystal Palace 2 id it 422
CrystalPalaceofFrance —. "". I—, A i
NorthßritishAus.Laud 1 t 1 2 , en, 11, i .64
Feel River Land & Mai. 11 31 11 el 3 Si n. 714
Scottish Aust. Divest. 14 1 1 1 1 le 1
South Australian Land :'A 6 3 6) 634 ..5
Van Diemen's Land ~ 11 12 U 1 12U 14

8#
69 91
711 9/
3St •t

18 19
0
sl7l at
111 11;
96e :7
108 b
t
hoUt

- P
111 12

6h
11)4
021 3

69 5
31
4.1 4
40
JO 1
Ltr6 $

let gi
74 5

8G

19 20
143 4i
2
21 I
is 'l4
34
11 14