The Press.
London, England, 1858-01-16 00:00:00

THE PRESS, JANUARY 10, 1858.

and most deservedly esteeme lamented neighbourhood,
and in consequence cf his death several
festivities,in which many leading county families were
prepared to take a part about this period, have been
necessarily postponed. The earl had four children,
two of whom are living, namely, Lady Digby, and
Lady Caroline Kerrison, married to Sir Edward
KeiriSOD, part.; and two sons, namely, Henry
Thomas and Stephen Stavordale, both of whom are

dead.
SIR JAMES FELLOWES, F.R.S., died recently at his
son's residence at Havant. Sir James, who had
completed his eighty-fifth year, was third son of Dr.
Fellowes, whose profession he adopted after
receiving his early education at Rugby School, and
subsequently at the University of Cambridge, where
he was Fellow of Gonville and Caius College. fie
graduated as Bachelor of Medicine in 1797, and
Doctor of Medicine in 1803. Sir James served with
the army on the Continent in 1794, and afterwards
in the Peninsula, rendering by his professional avo-
cations great service at Barossa, for which he re-
ceived the war medal and one clasp. He was also
at the siege of Cadiz, under the gallant Lord Lyne
doch. In consideration for his services generally,
but especially during a pestilential fever at Gibraltar
in 1804-5, he was knighted by the late King George
111. Sir James was a Fellow of the Royal Society,
a Fellow of the Royal College of Physicians, and of
the Royal Society of Edinburgh. He was appointed
hospital assistant in the medical department of the
army in June, 1794 ; physician in October, 1795 ;
deputy inspector-general in March, 1813; and in-
spector-general in April of that year. The venerable
gentleman married, in 1816, Miss James, eldest
daughter and co-heir of Mr. Joseph James, of
Adbury-house, Hants.
1)R. FORBES ROYLE, F.R.S., we regret to say, died
on the 2nd instant at Acton. He bad been unwell for
several weeks previously, but up to the last moment
his illness was not believed to be of a dangerous
character. Dr. Royle's profound knowledge of the
material resources of India, especially in the vege-
table kingdom, and the warm interest which he took
in everything calculated to increase the industrial
prosperity of our Eastern empire, render his death
a public loss. He was a Fellow of the Royal Society,
and in his own department of science had a Euro-
pean reputation.

rang Darhe anb (Cztg lattiligtatt.

FRIDAY EVENING.
THE return of the Bank of England for the week
ending Wednesday last, the 13th inst., shows the
following changes compared with that for the week
preceding :
Increase in Circulation
Decrease in Public Deposits
Increase in Other Deposits
Increase in Government Securities
Decrease in Other Securities
Increase in Bullion
Increase in Rest
Increase in Reserve
Bullion in both Departments
Circulation, including Bank Post
20,555,608
Bills
The Bullion, as shown by this comparison, as well
as the Reserve, are now at a point which justifies the
expectation of further relaxations in the vslue of
money. And this the more especially as the large
aggregate of Private Deposits, amounting to upwards
of 19,120,0001., proves that the difficulty of finding
employment for capital at existing rates is not ex-
aggerated. The decrease in the Public Deposits is
owing to the payment of the dividends, which will
also account for the large addition to those of a
private character. The position of the Bank has
been strengthened by repayments, which have greatly
reduced the aggregate of private securities ; and
part of the money has been employed in adding to
the stock of Government Securities. The general
effect of these changes has been to add more than
half a million to the Reserve of notes; and that
Reserve will probably grow for several weeks longer.
Under such circumstances the return is highly satis-
factory.
The monthly return of the Bank of France made
up to yesterday was published this morning. It is
generally of a favourable character. The Bullion
now amounts to 10,054,150/.--by 613,286/. more than
the stock returned in the previous return. The
circulation is 23,258,7301., being an increase of
1,966,574/. A sum of 9,2301. was expended in the
month in premiums upon the purchase of gold and
silver.
The rate of discount, which last week was reduced
from eight to six per cent., was on Thursday further
reduced to five per cent , making a total decline since
the commencement of the year, or in less than three
weeks, of no less than three per cent. From the rapidity
with which the resources of the Bank are increasing,
and the difficulty of finding employment for capital
even at the terms now current, it is not improbable

£206,583
4,203,665
4,278,856
1,420,677
1,811,404
719,914
47,413

541,189
13,357,107

that in two or three weeks from this time the mini-
mum rate may be fixed at four per cent. The dis-
count houses and joint-stock banks are now giving
only two and three per cent. for money on deposit,
and the state of the Private Deposits in the Bank
return of the present week will show that it is not
easy to find safe employment for their reserves.
Indeed, there is very little commercial demand, while
there is necessarily an active competition for the
best bills. Rates, therefore, out of doors average no
more than four per cent. ; in some case they are
only three and three-quarters. Under such circum-
stances, with a growing amount of unemployed
capital, it cannot be expected that the Bank can
obtain businers with a five per cent. minimum. That
rate, therefore, must shortly be reduced. Money will
thus he cheap during the spring and the greater part
of summer, especially if the tendency to embark in
wild speculations, usual in such a state of things,
remains as effectually curbed as it is at present.
The specie arrivals of the week have amounted to
about 400,0001., the whole of which has, or will be,
sent into the Bank. The exports have been under
70,0001. Silver is in more demand for India and
China, but the next packet will not, it is expected,
take out more than 300,0001. According to the
Gazette returns of last evening the imports up to
Wednesday were—of gold, 466,6261., and of silver,
100,6981., making a total of 567,324/. ; while the ex-
ports were—of gold, 80,4141., and of silver, 6,1761.,
making a total of 86,5901.; thus leaving a balance
in the country of 480,7341.
Consols have not materially changed in value
since our last, notwithstanding the further reduction
in the rate of discount. Last Friday they closed at
051 to 1, but the highest price subsequently has
been only 951 to 1. In the early part of the week
they fell to to i, upon sales to realise profits, but
on Wednesday they rallied in anticipation of the rate
being lowered, and yesterday they had recovered to
95 to 1. They stood at this quotation when the
change was made, but as it had been fully antici-
pated the day before the market showed no variation
whatever upon the official announcement of it.
Afterwards, however, some alarming rumours with
regard to the state of the Punjaub began to circulate,
and the effect was to cause a decline to 941 exactly.
This morning the market opened fiat in consequence
of the attack upon the Emperor of the French, but
it soon rallied. Eventually, however, it left off full
at 94 exactly, the decline being attributable to the
telegram published by the India-house not being
considered favourable, the more especially as it im-
pliedly confirms the fact of telegraphic and postal
communication between Calcutta and Bombay
having been cut off by the rebels.
Railway Shares have shown a decided improve-
ment, the chief advance being in Great Western
and London and North-Western stocks upon a semi-
official statement that all matters of difference be-
tween the two, companies with respect to traffics have
been amicably arranged.
Foreign Securities remain about the same as this
day week, but with a better tone.
Joint-stock Banking Shares have been in request,
as the approaching half-yearly meetings are expected
to prove satisfactory.
The abundant supply of money, and the necessity
for bankers and others to find safe and profitable in-
vestments for it, have had a most beneficial effect
upon the value of Exchequer Bills. The demand
for them has been continuous, and they have, conse-
quently, advanced from Bs. to Ils. premium, at which
they stood this day week, to 21s. to 255. premium.
Trade is reviving a little, and the numbers of un-
employed operatives in the manufacturing districts
are lessening. The silk trade is probably now suffer-
ing the most. The condition of the town of Maccles-
field, where it is the only manufacture, is such that
the authorities have made a public appeal for assist-
ance to keep the poor from actual starvation.

BRITISH TUNAS.— Closing Prim..
OFFICIAL QUOTATIONS.
Mond. Tuesd. Wed.
I--- --
94f 341 941
96 941 34
94 94 94
93 94j 941
. 2-18
220 229
. 78
. 13 pm 13 pm )22 pm

Thurs. Frbing

per Cent.Consols
Ditto fo: Account
3 per CeLts Reduced .• • •
New 9 per Cents
Long Annuities
Bonk Stock, 7 per Cent
New 9, per Cent Annuit
FAA. Hills, 2kii.
India Borids,(1,0001.)

Per Cent

FLEIGN FUNDS.
Mond. Tueed., Wed.
101--
- 1100
65 y 641
70:30e 70.20 e
—(. f.
203 201
45 I 45
110 109
28i 351 i xd
981 97

Brazilian 6
Danish 6
Dtch. (1,1'12 Guil )26
French 3
Do. Bank Stocks Mexican
Peruvian 46
Portuguese 8
Russian b
Spanish 3
Turkish Aso.°

I 1
1 ela 1
ic9:854)

95-
95*
Si
222
73

101 i I
100
654
rot—c

9ii
94t
94i I
94;
2 1-16
222 4

20 p

44 ; 44
25
101
I 41;
213 28ta

METROPOLITAN MARKETS.-FRIDAY.
Conn EXCRANGE.—The arrivals of English wheat, coastwise
and by railway, have been very moderate. Notwithstanding that
the show of samples here to-day was limited, the demand for
all kinds ruled heavy, and a few forced sales were effected at a
decline of fully is per quarter. Over 10.000 quarters of foreign
wheat have come fresh to hand. Good and fine qualities sold
on former terms, but inferior parcels were lower to purchase.
Barley, except the finest samples, sold heavily, at barely sta-
tionary prices. Not less than 16,870 quarters of foreign barley
have come in this week. We experienced a slow inquiry for
malt. The supply of oats was limited, and the demand ruled
steady, at an advance of 6d per quarter. Timmy and peas sup-
ported previous rates, but flour met a very dull inquiry.
CATTLE MARKET—Today's market was but moderately imp
plied with beasts; nevertheless, all breeds met a very dull in-
quiry, and Monday's prices were with difficulty supported. The
show of sheep was limited, yet the mutton trade ruled heavy,
at parely previous quotations. Calves were in short supply,
and steady request, at au improvement in value of 4d per
8 lbs. Pigs and milch cows were very dull, at nominal cur-
rencies.
BOROUGH Hot. MARKET—We continue to have a good demand
for all good and tine hope, at very full prices. 'inferior kinds,
however, move off slowly. The show of samples is seasonably
extensive. New Mid and East Kent pockets,7ss to ilea; Weald
of Kent ditto, ffos to 82s; Sussex ditto, Ns to 72s ; Yearlings
and Olds, 21s to 40a per cwt.

FROM THE LONDON GAZETTE.
Tuesday, January 12.
BANKRUPTS.—THOMAS BucirraziL, now or late of Salmon's
lane, Limehouse, currier or leather seIIer—GEORGE VILE, Box
Tree, Gravel-lane, if oundsditch, City, licensed victualler—
WILLIAM LLOYD, Prince Albert Pub le-house, Bexley New
Town. Kent, victualler—JOHN READ, Lower Whitecross-street.
Cripplegate, City, carpenter, builder, and packing-cue maker—
GEnsos RADE, Bermondaerwall, Bermondsey, marine-store
deaIer—WILLIAM JONES, Pentonville road, gas fitter—JAMES
COTTERELL, Lowestoff, Suffolk, soap boiler and tallow chandler—
JOHN REYNOLDS CATTLOW, Cheadle, Staffordshire, scrivener--
JAMES JOHNSON, LeSSOTISiey Mill, Lichfield, Staffordshire,
worsted spinner—JOHN FLETCHER, Smethwick, Staffordshire,
coal master—JOHN BunroßD, JAMES THOMPSON, and JOSEPH
HADLEY, Bradley Hall lionworks, Bilaton, Staffordshire, iron-
masters—EDWAßD BRYAN, Herefordshire, innkeeper—Tn OMAS
PORTER, Prolate, Selford, Somersetahire, woolstspler and
clothier—Jons ROBERTS, Taunton, Somersetahire, tailor and
draper—RICHARD GREGORY, Halifax, Yorkshire, grocer end
manure dealer—MANY WIOLEY and Joint WIGLEY, Sheffield,
Yorkshire, builders—PAUL HEARNSUAW, Sheffield, Yorkshire,
coal merchant—JOSEPH RADoLtrrs, Liverpool, wine and beer
merchant—JAMES MELLOR, Ashton-under-Lyne, Lancashire,
money scrivener —Joint COMBERBACH PAYNE, Manchester,
ironmonger.
Friday, January 15.
BANKRUPTS —MICHAEL S.MYRILS, Lesdenbalbstreet, City.
provision merchant—Jsuu GREEN, St. Aldgate-street, Oxford,
cabinet maker—THOMAS WHEELER, Oxford, engineer—btu° R.
VIALOU, Hackney, builder—LEONARD HAnssa, Gracechurch-
street, shipowner —HANXMAN,JANSEN, and CO.,Crutched-friars,
merchants—CHAßLES CALEY, Wakefield, corn factor—WILLIAM
BALL and Joint HENRY EARL, Manchester, calenderers—Jauss
ANSTEY, Sheerness, jeweller—HENßY SKELTON. Joux HILL,
and RUDOLPH STEINMANN, Liverpool, commission merchants—
EDWARD BROWN, Bitten, Lancashire, common brewer--JAMES
ROBERTS, Liverpool, fish deabr—GEonos BATTERS, Throgortor-
ton-street, City, stock broker—W. Scotts, Homer-street, Lam-
beth, washing chrystal maker—J. TAYLOR, Ovendon, Yorkshire,
worsted spinner—Tuouss T. Mops, Runcorn, Chester, mer-
Chant—JOSEPH JACKSON, Brighton, bitter—CHARLES EATON,
Manchester, leather merchant—JOHN Lucas, Queen's-street,
Cheapside, chemist—Wu-Lieu WILD, Rochdale, machine maker
—Jotin JACKSON, Halifax, Yorkshire, merchant—WlLLlAM
TAPSCOTT, Liverpool, ship broker.
a

BIRTHS.
BYRON—On the 10th instant, the Hon. Mrs. Augustus Byron
of a daughter.
CAVENDISA—On the sth instant, at Ayott St. Laurence, Lail;
Emily Cavendish, of a son.
HUSSEY—On the 2nd instant, in Lower Grosvenor-street, the
Hon. Mrs. Hussey, of a son.
LUSH—On the 15th September, 1857, st Howiek Parsonage,
New Zealand, the wife of the Rev. Vieesimus Lush, of •
daughter.

the 4th instant, at St. George's,
Hanoversignare, Lieut.-Colonel Henry 'forms D'Agiular.
late Grenadier Guards, to Frances Catharine, daughter of the
late Hon. Lionel Dawson.
F RASE R-11 EN EAGE —On the 13th instant, at the Catholics
Chapel, Warwick-street, Major the Hon. Alexander Edward
Fraser, Scots Fusilier Guards, to Georgina Mary, daughter
of George F. tieneage, Esq., M.P., of Hainton.liall, Lincoln.
shire.
DEATHS.
CORRY—On the 7th instant, Rottendean, near Brighton.
Lady Corry, widow of the late Rear-Admiral Amur Lowry
Corry.
DE BURGH—On the 29th nit., at Dublin, Lady Anna De
Burgh, sister of John, late Earl of Donoughmore, aged 72.
BURGHS-0n the let instant, at Brighton, Captain George
Clarke Hurdle, R.N. in
ILCHESTER—On the 3rd instant, at Meibury Sampford.
the county of Dorset, Henry Stephen, third Earl of Ilcheater.
aged 71.
NEAVE—On the 13th instant, at the Royal Hospital, Chelsea.
•ltichard, son of the lsto Sir Richard Neave, Rart., aged 85.

" It's an 111 wind that blows nobody good."
ITHE MONETARY CRISIS has cansed TEAS
to fall 2d. per lb., and those who have any money left. by
buying a Alb. bag of Tea or Coffee of the EAST INDIA TEA
COMPANY will reoeive the full benefit. Teas and Coffees, In
61b. bags, from 2s. 4d. and IN. per lb. respectively.—Warehouses,
9, Great St. Helen's Churchyard, Bishopsgate.

CLOSE OF' HOLIDAYS.—The return colt
Youth to their respective Boarding.Schoole induoes •
solicitude from Parents end Onardians for their Personal Com-
fort and Attraction, rnd RoWLANDS' MACASSAR OIL, the
accelerating the growth and improving and beautifying th•
hair, ROWLAN Ds KA LYDOR, for improving the skin sisd
complexion, and removing cutaneous eruption', and ROW-
LANDS' ODONTO, or Pearl Dentritice, for rendering the teeth
beautifully white, and preserving the gums, are considered
indispensable accompaniments.
Sold by A. RowLA.ND end Sorts, 20, Hatton Garden, I °ado°
and by Chemists and Perfumers.
lIEWARE OF SPURIOUS IMITATIONS!!

__