The Press.
London, England, 1858-07-03 00:00:00

THE PRESS, JULY 3, 1858.

The heavy amount added to the Private Securities, which
brings that item up more than 10,100,0001., an amount
at which it has not stood for some tune, testifies to the
extensive demand for money at the close of the half year.
In consequence of it the Circulation shows a considerable
increase, while it has afforded profitable employment to a
portion of the Reserve. The addition to the Private
Deposits no doubt represents part of the advances made
by the Bank. [or which the engagements have not quite
matured. The decrease in the Bullion is not import int,
except in connection with the continental demand for gold
noticed below. In other respects the .return calls for no
remark, unless it may he this, that the Public Deposits
are in a satisfactory state prior to the payment of the
dividends.

The demon.] for money, which had begun largely to
increase at the date of oar last, has been active through-
out the week, and it does not appear at present to be satis-
fied. It has been antlicient to reduce the balances of the
discount-houses and joint-stock banks, and to cause nu-
merous applications at the Rank, which this we.k has
been doing more hiplines.; than in any previous week tit
the last three us:intim The effect of the additional in-
quiry has been sensibly to har.lee the terms for advancea,
the rates for which are not under three ner cent. upon the
hest piper.- For four mautha' bills, the average charge
has been four per cent.

But although the market is thus changed in its ells-
miter, it is believed that its present condition will prove
only temporary. This opinion, which rather extensively I
prevails, is founded upon the fact that the demand is ex
ceptional in its character. For example, the heavy pay-
ments on account of revenue at the close of the quarter,
the settleineut of numerous half-yearly balances, and a
very considerable amount of railway and other calls
due in the course of the last day or two, are excep-
tional demands to ba eine I to those of the comtaer-
cial acceptances at maturity at the beginning of the
current month. One railway cell elute exceeded
003,0001., while tweuty-five per cent. of the lately-
negotiated Brazilian Loan hail to be provided for yester-
day. These two Perna elope have constituted a chitin
upon the market exceeding one million sterling; and of
course, t iken in conjunction with the demands incident to
the termination of one half-year and the commencement
of another, they have exercised an important influence
upon tile reserves of several large establishments. Be-
sides. there has been, within the last d ty or two, a revamp-
tion of bullion operations with the Continent, and they
have produced some effect upon balances that would
otherwise have been available in the general mai k tt.
Altogether, therefore, the tightness of the mark 1 is
capable of easy solution, and it is obvi nasty exceptional.
But there are certain contint a idles which may retard the
return of ease which, and ordinary circumstances,
' might be expected to accorktany the dispersion of the
numerous *Hid lend.; payable ui July. Among these may
be included the paasibility of the East India Company
calling fir the remaining 3,000,0011., which they have power
to borrow un tier the act passed in the present session, the
recurrence of farther instalments to the Brazilian Loan, and
the payment of ad litienal railway c ilia this month to the
amount of about half a million. Nor can the prospect of an in-
creased commercial demand be altog tiller left out of con-
sideration in estimating the probable character of the
immediate future of the market, notwithstanding the midi-
nesswith which the trade of the country is recovering des-
tieity and confidence. Rearing those considerations iii
mind, it appears to us that the expectations of an easy
market immediately the dividends are released are rather
exaggerated ; and that rates are more likely to advance
than to fall. Such, at least, are our resent views. As to
the effect of the reinvestments of dividend-money upon

public stocks, we are inclined to think it has been'alrendy
anticipated, partially at least, notwithstanding a decline,
which would, under ordinary circinustances, imply that a
reaction would be the only natural result of the incidents
of the period.
The imports of specie during the week have been very
small. They have only amounted to about 51,005/., nearly
all from Brazil. Anstr 'llan arrivals are still delayed.
Indeed, we only know, at present, of one ship being at sea.
She has about 490,000/. on hoard, and is fully due. The
telegram of the at rival of the mail steamer from Mel-
bourne at Suez was due on Wednesday, but it has not
yet arrived; consequently, we are unable to say what fur-
Alter amounts are at sea. Little or nothing has come from
the United States—not more than I,00:11. And whilst our
supplies have thus been at a minimum almost, the conti-
nent al demand for gold has set in with considerable
activity, nn less titan 1511,0 011. baring, in the absence of
imports, been withdrawn from the Bank for that destina-
tion in the course of yesterday and to-day. Since this
was written, the West India packet Orinoco has arrived
with 111:1,00;1. The whole of this will probably be sent to
the Continent.
Considerable depression has prevailed in all classes of
Securities that are dealt in upon the Stock Exchangeilde-
pression which has not been counteracted by continued
daily purchases of stock on public account. The state of
the Money Market has unquestionably had some influence
in producing this change in the tone, but it is scarcely
enough to account for it wholly, seeing that there is now,
through the wise policy adopted by the Government, a
cessation of anxieties arising out of our foreign rela-
tions. Mitch of the depression is unqueationabV owing
to the unwillingness of the public V) enter into transac-
tions, seeing that the Funds are at about their maximum,
if the views as to tile future of the Money Market &Yen
above are correct, hut more to the general lassitude and
indifference to speculation and enterprise. Railway Shares
have been, and still are, in a state almost deplorable; and
the prospects, so far front improving, ate growing worse
every 'lay. Indeed, something like a semi-panic has been
prevailing in some stocks. This in a great measure is
owing to the traffic receipts, which have been comparatively
bed for the whole of the half-year, showing such reduced

aggregates as must seriously diminish the approaching
dividends. Then, again, there has been a good deed of
running competition in the six months, implying discredit
upon the management; and at the a►me time Parliament
has further extended, in some important cases, the free-
trade policy of companion. Altogether, from a combine-
tion of causes, of which these are only the more prominent,
it is certain that railway property was never more
thoroughly depressed than it is now, particularly some of
the lines which have hitherto held the highest position.
The worst feature of the period is that there are no im•
mediate prospects of improvement. Bet we should not
be surprised to see large sums arising from the forth-
coining dividends reinvested at an early period in the best
descriptions of shares rather than in the Funds.
Consols have been drooping all the week. Last Friday
they closed at 951 to I, and last night at 951 to j. The
fall has been continuous without any reaction. This morning
they opened at 9"ii to ; and they closed dull at 95i to 1.
About 12,0001. or 15.0401 Reduced have been daily pur-
chased oil public account; but these operations have failed
to arrest the decline.

ltu.ineas has been very quiet in Foreign S!,,cks. The
unly remarkable feature in the market is the continued
heaviness in the scrip of the New Itrazillian four•and.s-
Italf per-cent. loan, which is now at one and a hall rer
cent. die.

Railway Shares have been referred ti in a preceding
paragraph; and it is only necessary to add that they are
still ptessed, though on the whole there are comparatively
few large transfers of stock, considering the general tendency
of the market. This shows that the nervousness which is
so prominent a feature among speculative holders is not
participated in to any great extent by substantial holders.
The greatest decline hiss been in Caledonian, London and
North Western, North Eastern, South Eastern, South
Western, and Great Northern Sticks ; and it averages
about two and a half per cent. The feeling to-day was a
little better.
Banking, Mining, and Miscellaneous Shares have been
c.miparatirely inactive.
in the course of the week the shares of the Atlantic
Telegraph Company, upon which 1,0001. hava been paid,
have been sold at 50m1.

Two failures have occurred during the week—.3ne in the
groccry and the other in the timber trade. In one case
it is expected the creditors will be paid in full ; but in the
other the result will not he so satisfactory. In the case of
a Canadian firm which recently suspended, and which
had engaged to pay iu full, some discreditable proceedings
have occurred that have excited great indignation among
the commercial community.
The Revenue Returns were published yesterday morning ;
and though there is a decrease in the public income for the
quarter of rather more than 1,000,0:1111., arising from the
reduction of the property t ix, the receipts ou all the great
sources of supply are very favourable.
Trade is gradually becoming better. Corn, however, is
rather advancing, and it appears now to be expected that
the crops will not turn out so well as was anticipated—
the ripening process having commenced too soon, while
there has subsequently been a good deal of drought. A
large fire in the Loudon I)ocka warehouses has induced
an &thme.: in rice, and potatoos are also higher. Still
the prospects of the harvest are promising.

FROM THE LONDON GAZETTE.
Tuesday, June 29.

BANKRU P.N.—CHARLES CHt7acHYAY. 11 ertford. ag. leultural
Implement factor—WILLIAM TH.PRNE, Crlpplegate•tAllsdirlifil,
artificial flower maker—Oronor: Bi.aciutam. Birmingham,
grocer—Joux FISHER, Nottingham, builder—M.)4lElo KNAPP
01111 ENOCH. DAVIEN, Newport, Monmouthshire, buildere—Jour
Kum, Bradford, Wilts, clothier—Joecrit SMITH, Tewkesbury,
inalater—Wtwast WALKER, Bradford. Yorkshire, woolempler—
Jolut CROPPER, Sheffield, Willer—Tony OWEN, Ityhl, slate
Chant—JUßY )(lions, late of Liverpool, Umber dealer.
Friday, July 2
. ..... • .

13ANK111.1 PTS.—WILLIA I( ketosis. aroad-
conuntosion merchant—CHAßLES CHRISTI[ Is. F 1

provision men:lista —GEORGE WRAY, Glaneford Brigs, Lincoln-
shire, shoemaker—HENßY PANE, Strand, tailor—,t MIEN
BURTON, Atherstotie , Warwickshire, printer-JAMES Bsytis,
o!arey-lane, City, lace warehouscinan—JosEng HENN Err, Bridge-
row wharf, Pimlico, builder—ALFßED SPARE, Hun ter•street,
Brunswick-square. jevreller—lr EltliEßT SALT, Everton, near
Liverpool, tour - WILLi .:ay, Bristol. ship owner
int merchant—NATHtNlEL BISSELL, Cross Inn. Stuff ad. inn•.
keeper-108E14f STRATFORD, Pelham•street, Brompton. baker.

BA' HS and TOILETTE WARE.
WILLIAMS. BURTON has ONE LARGE SHOW-ROOM
devoted exclusively to the display of BATHS and TOILETTE.
WARE. The stock of each is at once the largest, newest, and
most varied ever submitted to the Public, and marked at prices
proportionate with those that have tended to wake this establish.
went the most distinguished in this country. Portable Showers,
7s. ild.; Pillar Showers. 31. to 51. ; Nursery, 15s. to 325.;
Sponging, 14s. to 325.; Hip, 1 is. to 31s. thl. A large assort-
ment of Gas Furnace, Hot and Cold Plunge, Vapour, and Camp
Shower Baths. Toilette Ware In great variety, from 15s. Cd. to
455. the let of three.

THE BEST SHOW OF IRON BEDSTEADS
11 in the KINGDOM is WILLIAM S. BURTON'S. He has
FOUR LARGE ROOMS, devoted to the EXCLUSIVE
SHOW of Iron and 81/015 Bedsteads and Children's Cots, with
appropriate Bedding and itedtiangings. Portable Folding Bed-
steads,from Ils.; Patent Iron Bedsteads, fitted with dovetail
joints and patent sacking, from I4s. W. and Cots from I fi. 6d.
each ; Handsome Ornamental Iron and Bra:s Bedsteads, iu
great variety, from 21. Las. 64. to 201.

wI LLIAM S. BURTON'S GENERAL FUR-
NISHING IKONMONGKRY CATALOUUK may be bad
gratis, and free by post. It contains upwards of 490 Illustra-
tions of his illimte.l Stock of Elects) anA Sheffield Plate, Nickel
Silver And Britannia Metal Goods, Dish Covers end Hot.
water Dishes, Stoves, Fenders, Marble Mantelpieces. Kitchen
Ranges, Lamps, Gaseliers, Tea Urns and KtAties, Tea Trays,
Clocks, Table Cutlery. Baths and Toilet Ware,Turnery, Iron and
Brass Be.lsteA , lledutug, Bed ilaiigings, Be. Bc., watt. Lists of
Prices, and Plans of the Sixteen large Show Rooms at 39,
Oxford.street, W.; I, lA, 2, and 3, Newman-au-set; and 4,6,
and 0, Perry's•place, Loudon. istaMisbed 1829.

HER MAJESTY'S THEATRE.
Ti'iena, Alboni, Spezia, Ortoland, and
Picoolorniui ; Hallett', Benevantano, Vialetti,
Aldiphieri, Roaai, and Giuglin'.
The following arrangementa have been made:—
?dont* July S—IA-4T MORNING PIe.HFORMANCE, with
the following combined attractiona, LUC It EZ I A 1301 W I A and
l'arsiello's admired operetta LA SERVA PAD IioNA, at
presented with the greatest success at Mr. Heuedicevi Concert.
Doles, 11. l ls. 6d. to U. 55.; pit stalls, 315.; pit, Lid gailery
as.; pa:le ry, 2e. tid.
Tuesday, July 6 (last night but three of the Subscription), will
be revived Verdi's opera of NINO ('abuco). Abigail, Millie.
Spezia (her first appearance).
Thaisday, July o (last Lxl.:.a NOR but otic)—DON GIO-
VANNI.
Saturday, July 10 (last night but two &the Stibscriptior.), will
be pre-ented (first time this eeaeou) Balte's opera LA ZINGARI
(the Bohemian Girl).
On each occasion a favourite ballet. In which Mdlle. Rosati and
Mdlle.'occhini will appear.
Applications to be made at the box-office of the Theatre.

ROYAL ITALIAN OPERA,
16 COV N•l•4lAititEN.
NEW TH EAT I:E.
EXTRA NIGHT—FIRST NIGHT trE IL TROVATORE.
The Opera will commence at Half-past Eight.
Monday Next, July IS, a Grind Extra Night (being positively
the Lest Extre Night but Two) will be given, on which occasion
will be performed (for the first time this Season) Verdi a Grand

• Opera,
IT. TROVATORE.
Principal characters by Mesdames Grisi, Didiee, and Tagliaflco;
Signi‘ri Mario, Graziani, and SOM.
sI.:CO APPEARANCE OF SIGNOR TAIIBERLIK.
On Tue,day Next, July 0. ft-issini's Celebrated Opera,
MELLO,
will be repeated. Principal diameters he Mesdames GOBI and
Taglistico ; Signori Honconi, Neri.Baraltli, Taglislico, Polonini,
and Tsmberlik (his second appearance this season).
Pit Tickets, aMI Gd.; Amphitheatre Stalls 10s. Cd, and as.;
Amphitheatre. 2s. Gd.; Second Tier B ixes. 22 12e. Gd.

QT. JAMES'S THEATRE.
lAst night but Three of Madame RISTORI and the Italian
Dramatic Company.
Arningemerta fur next week :
On Monday next, July 5 (first time this season), Schiller's
Tragedy

MARIA STUARDA,
Mark Stuarda Madame RT STO RI.
On Weinei.ky ADRIENNE LECOU irIiEUR. Adrienne
Lecutierenr, Madams RISTORI.
On Friday itir.t time in Enslarull, a new Heinrich play,
•ntitied ELISABF.TTA I EGENAD' INGITELTERRA.
Elisabetts, Nladytne lIISTORI.

ILIONT BLANC CLOSES TUESDAY, July
Au Dab. with its 100th kepresentaGAL
EGYPTIAN BALL, PICCADILLY.

R.
srFll:llAlitcLr
tEx
.Ss
-HALL.
DICKENST fJRSDWkiII! EVIF";'IANDG
July d, at Eight o'clock, his CHIMES.
Stalls (numbered and reserved), as.: arc.) and wineries,
ta. I d.: unreserved seuts. la.—Tickma to be int.' at Messrs.
Chapman and Hall's. publishers, 173, Piccadilly; and tut St.
Longliare.

13 WE LLINGTON-STREE'r NORTH,
STRAND.-01.DRIDGE'S BALM OF COLUMBIA
is the most certain remedy tor RES I'o d I NG and strt ngthening
the HAIR. By it whiakers and ntoustuches are produced Rllli
besuCtied. The most delicate head•dreaa or bonnet can be worn
without fear of coiling.—Sohl by all Periumetit and Chemists,
wholesale and rctail, in bottles. 3s. 61., Cs.. and lle.: and by
the Proprietoie, C. and A. OLDRIDGE, 13, Wellington•street
North, seven doors from the .t.tritud.

GREAT ANNUAL REDUCTION of STOCK
at COMPTON•HOUsE.
SEW ELI. and CO. beg to annoonce ttist, previously to the
close of the Season, and their sonnet; valuation of Stook, they
have reduced the who. e of their rich and costly Sto..k of Silks
to the prices of ordinary goods, and they are now offering to
ladies the greatest advantages
Travelling, Yachting, and Sessi:e Deems ■nd Cloaks at
greatly reduced prices.
Eire Hundred Pieces of Mohair st an extraordinary low price.

Compton-house, Frith-Areet, Soho.

DR. DE JoNGII'S

T IGHT-BROWN COD LIVER OIL,
Li entirely free from nauseous ttitenur avid atter taste, is pre-
scribed with the greatest success by the faculty as the safest,
speediest, and most ettentwil remedy for Cor.sumptioa, Bron-
chitis. Asthma, Gout, itheumAtiand, skin Diseases, Neuralgia,
It ekets, Infantile Wsatlr.g, General Debility, and all ,crofulous
Affeeiions. Numerous spontaneous testimonials from tillysi-
e,aus of European reputation attest that, in intoimeratile cases
where other kinds of Co I Liver Oil had been long and copiously
administered with little or 71.. benefit, Dr. de Jongh's till has
produced almost immediate relief, arrested disease, and restored

8011 in IMPERIAL MU Pints, 2s. 614 Pinta, Os. 91 : Quirts,
95., winded, sl.d labelled with Dr. de .10,igh's Sigrotute, WITH•
OUT WHICII NONE CAB POSSIBLY BE OENUINE, t y u. 04 respect
&Lie Chemists.

SOLE ERITISFI CONSIONEEi.
ANSAR. 11 kRFORD. and Co., 77, STRkSi). W.C.

TOURISTS AND TRAVELLERS,

Exposed to the scorching rays of the sun, and heate I particles
of dust. win find
POWLAND'S KALYDOR a most refreshing
prepatatkai for the coutotexion, ilispailing the cloud of
languor eithi relaxation, allaying all beat au i irritability, and
immediately affording the pleasing sensation attending restored
entstmity and hrsltluul si•te the skin. Freckles. tan, spots,
homilies, flushes, and diacolorations ere eradicated by its ROI.
cation; mini in cases of *mtitittin. or stings or inserts, its
vit tues have lung been acknoiviedged. Ft ice is. ud. and Bs. Gd.
per bottle.

Tile hess of almoner also frequently communicstes a dryness
to the heir mini a tendency to fell off, which may be completely
6.l.visted by the use of
HOWLAND'S MACASSAR OIL,
a delightfully.lagrent sum transparent preparetion ; and, as an
insigoiater and purifier of the Hair, beyond all precedent.
:old b► A. ROWLAND and Sogs, 10, Hatton-garden,
London; and by Chemists and Perfumers.

_ _ _.~...

T