The Press.
London, England, 1858-07-17 00:00:00

THE PRESS, JULY 17, 1858

Railway Shares have been in request to some extent,
and holders have been firm. The principal advance has
been in Caledonian and Midland Stock ; but all, or nearly
all, have participated in the improvement described above.
Banking Shares have been rather actively dealt in for
investment. In Mining and Miscellaneous Stocks the
transactions have been unimportant. The Shares of the
Atlantic Telegraph Company are nominally the same as
last week, but there have been no transactions to test the
actual value.

Exchequer Bills are firm and steady, at 335. to 375.
prem., fur those that bear the 21d. rate of interest per
diem ; and at 21a. to 255. prem., for those at 11d. The
firmness of the latter attests the accuracy of the judgment
which dictated the reduction.

The Continental Exchanges remain without any mate•
rial alteration.

The Joint-stock Banks are now holding their half-
yearly meetings; and so far they have all maintained
their dividends and added to their reserved funds,
notwithstanding the comparative inactivity of the com-
mercial demand for money during the period. There
have, however, been vast profits upon the hills that were
renewed during the late crisis. The Union Bank of
Australia have divided at the rate of twenty per cent. per
annum; the Union Bank of London at the rate of fifteen
per cent. per annum ; and the London Joint•stock Bank
at the rate of twenty-two and a half per cent. per annum.
The Bank of New South Wales at their half-yearly meeting
at Sydney,on the 28th April, divided at the rate of twenty
per cent. per annum.
According to the advices from Australia the colony of
Victoria contemplates obtaining about 1,500,0001. per
annum for the next four years for railway purposes by the
negotiation of Debentures in the London market. New
South \Vales is also likely to put forth similar proposals
for similar objects. The Union Bank of Australia are in-
viting tenders for 300,0001. of the 500,0001. loan to New
Zealand, which is guaranteed by the Imperial Govern-
ment.

The Colonial Wool sales commenced yesterday. An ad.
vance of id. is Id. per lb. was established.
The Tea sales are proceeding. They are heavy at a fall
of Id. to Id. per lb., and prices are now lower than they
have been since NM.

The dividend of the Brighton Railway Company is two
and a half per cent. for the half year.
_ . _

The prospects of the harvest continue very favourable ;
but it seems to be expected that the yield will be less than
that of last year.

Trade is still improving gradually, and employment ex•
tending. Exports are enlarging to Australia, and more is
doing with America in manufactured goods.

FROM THE LONDON GAZETTE.
Tuesday, July 13.

BANKRUPTS.—IsnAzt Tomes, Newbury, horse dealer-
GEORDE Yonne, Great St. Andrew.street, Seven-dials, licensed
victualler—Joszem MARTINDALE HARRISON, Wlllling•Strelll,
warehouseman—ALFßlD Cairc 'mu., Upper Dorset•place, Clap-
ham•road, CAMBRIA]AkET—Wm. STRAFFORD TAFT, BiTIIIIDghiID,

whip maWuraeturer—Jsmcs MIDDIATON, We•tbromwtcb, iron-
founder—FßLDlCßlC WILLIAM Tomsow, Coventry, engineer.
SCOTCH SEQUESTRATIONS.—Awnazw Ts MPL:.TON, Olas.
gow, cabinetmaker—Msanw KENWORTHY, Falkirk—Twomaii
Kitts, Glasgow, smith.