The Press.
London, England, 1857-06-20 00:00:00

Fabal an Riiiitarg :pttiligente.

A MONUMENT TO CAPTAIN HEDLEY VICARS has
just been completed by Mr. Hale, to be erected in
Beckenham Church. The Christian character in
combination with the soldierly bravery of Hedley
Vicars, of the 97th, have become known to all through
his "Memorials," of which, it is stated, not less
than 1.50,000 copies have been sold; his name and
fame needed, therefore, littie from "storied urn or
monumental bu it" to keep them living in the hearts
of his countrymen. The design of the monu•
ment is simple and pure. The soldier's sword
hangs in its scabbard against the wall of his last
home, suspended from an elaborate sword knot,
which affords thus a ready ribbon for the motto of
his regiment. From the handle of the sword also
depends a scroll, which thus gracefully adapted is in
reality the monumental tablet on which are written
the name and description of Hedley Vicars, with an
inscription in such language ot• piety, faith, and re-
signation to the will of the Almighty, ant hope in
the love and mercy of his Saviour, as the pious hero
would have himself desired should be placed on his
tablet of remembrance.

THE VICTORIA CROSS.—Her Majesty has been
pleased to signify to Lord Pantnure, the Secretary of
State for Wa.., that it is her gracious intention to
personally distribute the Victoria Cross (the Order
of Valour) on Friday, the 26th inst. It is now
determined that the ceremony of the distribution
shall take place in Hyde-park, and not on the paraie
facing the Horse Guards, as originally contemplated,
so that a far greater number of the public may have
the opportunity of witnessing the interesting pro-
ceedings. Prince Albert and all the elder members
of the Royal Family, the Prince Frederick William of
Prussia, the Archduke Maximilian of Austria, and
a brilliant Court circle will be present on the occa-
sion.

SIR GEORGE MAGRATH, M.D., retired Inspector of
Hospitals, died a Plymouth on Friday, the 12th inst.
Sir George received a pension for wounds June 18th,
1816, was made a Knight of the Royal Hanoverian
Guelphic Order January 17, 1834, and a Companion
of the Bath August 17, 1850.
THE ROYAL YACHT Victoria and Albert, Captain
the Hon. Joseph Denman, sailed at daylight on
Saturday morning on a cruise to try her machinery.
She reached Cherbourg, eighty-four miles, in five
hours. She visits the Channel Islands and the
coast of Ireland.
THE 23rd and 93rd Regiments embarked on Wed-
nesday for Hong Kong, the first named on board the
screw transport Cleopatra, and the latter on board
the screw transport Mauritius.

poneg Vadat anb 6itg

FRIDAY EVENING.
THE return of the Bank of England for the week ending
the 13th inst., shows the following cilanges compared with
that for the week preceding :
Increase in Circulation
Increase in Public Deposits 567,097
Decrease in Other Deposits
Decrease in Securities
Increase in Bullion
Increase in Rest
Increase in Reserve
Bullion in Both Departments
Circulation, including Bank Post
Bills
This comparison is wholly favourable, and it fully justifies
the policy of the Directors in departing from the stringent
terms to which the market has been subjected for the last
two months. The Bullion has largely increased, and it
now amounts to nearly 11,000,0001.; while the Reserve
has advanced to 6,612,0701. The position of the Bank,
therefore, is one of great strength ; and it will further
improve when the dividends are payable.
The Bank of England have reduced the rate of discount
from six and a half per cent., ct which it was fixed on the
2tl of April last, t, six per cent., and corresponding
changes have been made in the rates for advances and
deposits by all the banking and discount establishments.
The last Bank return was sufficiently favourable to en-
courage a hope that a reduction was probable, and indeed
an expectation of this sort was pretty generally entertained
until Wednesday, when it disappeared upon a rumour that
the Court of Directors were divided upon the policy, and
that the majority were in favour of the six and a half per
cent. rate. The change, therefore, was comparatively un-
expected, and it was considered to have been finally deter-
mined upon only by the statement brought down to last
Saturday, of which the principal features are given above,
and by the prospects of still improving returns as the divi-
dend payments are made. The reduction, as a matter of
policy, has unquestionably given great satisfaction to the
mercantile public, and in some quarters a belief is enter-
tained that it will be followed by the concession of a further
half per cent. at no distant period. This is an oversan-
guine view. Our stock of gold must be largely increased
and the yield and quality of the harvest be ascertained
before such anticipations can be realised ; and it must
further be remembered that the great establishments
which command the market are strongly opposed to any
step likely to be followed by a period of speculation.
The Bank of France still maintains the rate of discount
at six per cent., but it will probably be reduced in a few
days to five and a half if not to five per cent. In the mean.
time its stock of bullion is still increasing, and, as a
preliminary to a reduction in the rate, the premium upon
its purchases of gold has been lowered from 6 to 4 per
mille. This will tend to maintain our supplies here.
Money was in active demand in the early part of the
week at full rates, but the supplies were equal to it. During
the last few days there has been more ease, but to-day
the inquiry at the reduced rates was rather active.
The Continental Exchanges remain firm.
The Bullion movements of ►he week have been less
important than those of the previous two weeks. We have
received from different quarters about 5311,5301., and the
exports have reached 174,0001., and probably 200,0001.
more may be despatched to France. To-morrow, however,
about 1,142,6161. is to be despatched for India and China.
This drain is now believed to have reached its maximum,
but considerable amounts are likely to be sent away by the
succeeding two or three packets.
Consols have been stationary at nearly one price all the
week, with an exceedingly languid business. Last Friday
they closed at 931 to ex div., and the highest price of
the week has been 931 to 11. They stood at 93 to k yester-
day, when the rate of discount was reduced; but the
improvement caused by that circumstance was only one-
eighth, which was afterwards barely maintained. The last
price, officially, was 93i to 1. To-day they opened and
closed at 931 to an advance of one•eighth not having been
maintained. _

The Railway Market has been flat in point of business,
but since the settlement quotations have rather improved.
A considerable advance has been established in the stock
of the Manchester and Sheffield Company, in consequence
of an agreement for an amalgamation with the Great Nor
therm Company. By this amendment the former will gain
an independent access to London, while the latter will
secure a good deal of the carrying trade of the North,
including a not inconsiderable branch of that with some of
the Baltic ports. London and North-Western stock has
been heavy. French shares are recovering, and so are
Canadian descriptions. More business was done to-day,
and the tone was better. Great Western Stock improved
five-eighths per cent.
In the Foreign Market, the principal feature has been
an improvement of from one-half to one per cent. in Russian
and Turkish Stocks. Business, however, is dull.

.Joint•stock Bank Shares remain very dull. Ottomans
have obtained a further improvement, and are now quoted
at to 4 prem. The Discount Companies are without
alteration. _ _

Mining Shares and Miscellaneous Securities have been
extremely dull all the week.
BRITISH FUNDS.— Closing Priors.
OFFICIAL QUOTATIONS.

3 per Cent.Consols
Ditto for Account
3 per Cents Reduced .. • •
3 per Cents
Long Annuities
Rank Stock, 7 per Cent
New 24 per Cent Annuit
...xch. Bills, 21d... (Juno)
Indiaßonds,(l,oool.)

roneLiTuesd. Wed.
,77turs. Friday

93i - I
93t 94 3,03 i 3i
924 t, 92i 92? I
923 393 I 92i
- 12 3-162 7.16'
214 21211 -

!9:11 ! 93k
192 411 92i
192 31 -

2121 214 12}
3d 1p 2dj
3d

RittropoWatt Markets.

(Reportedexclusivelyfor "Tea Pazes.")

CORN EXCHANGE—OnIy moderate supplies of English
wheat have come to hand this week, coastwise and by laud
carriage. For all kinds there has been a good consumptive
demand, at an advance in the quotations of from 2s to 3s per
quarter. Foreign wheat—the imports of which have con-
tinued very moderate—has produced 2s per quarter more
money, with an improved inquiry. All floating cargoes have
been held for higher rates. Very little barley has appeared in
the market, and it has mostly sold at full prices. The malt
trade has been dull, but without leading to any change in value.
For oats there has beau a steady demand, at extreme quotations.
Both beans and peas have ruled less active ; but flour has
advanced fully 2s per 2801bs. The supply of American is very
limited.
ENGLISH—Wheat, Essex and Kent red, 53s to G2s; white,
54s to 735; Norfolk and Lincoln red, ble to 61a. Malting barley,
36s to 48s ; grinding ditto, 23s to 30s ; distilling, 35s to 88s.
Malt, G2s to 78s. Feed oats, 20s to 225; potato, 23s to 28s.
Rye, 32s to 365. Tick beaus, 32s to 345; Harrow, 338 to 365;
pigeon, 38s to 40s. Grey peas, 362 to 398 ; maple, 38s to 40s ;
white boilers, 368 to 41a per quarter. Town-made flour, 52s to
545; country marks, 44s to 478; households,46a to 48s per
2801bs.

ARRIVALS THIS WEEK.
Wheat. Barley. Malt. Oats. Flour.
E uglier 2610 .. .. 4250 .. 10 .. 1640
Irish
Foreign'..l26:2o .. 6790 26210 .. 180 sks.
bis.
LONDON AVERAGES DECLARED ON FRIDAY—Wheat,
3,374 quarters, 635 611 ; barley,74 quarters,37a 101 ; oats, 1,601
quarters, 25s 44 ; rye, 6 quarters, 345; beaus, 343 quarters,
41s 10d: peas. quarters,
IMPERIAL WEEKLY AVERAGES—Wheat, 60s ; bar.
ley, 58s 94; oats, 26s sd; rye, 365; beaus, 44s 3d;
peas, 42s 11d.
THE SIX WEEKS' AVERAGES—Wheat,67s Ild; barley,
425; oats, 25s 24 ; rye, 40s; beans, 43s sd; peas,
41s 4d.
ENGLISH GRAIN SOLD LAST WEEK— Wheat ,115,102
barley, 1,888; oats, 9,285; rye, 25; beans, 3,608; peas, 670
quarters.
BREAD—The prices of wheaten bread in the metropolis
are ad to 85d; of household ditto, 64 to 75d per 4lbs loaf,
TEA—The show of samples is tolerably good, and the demand
is steady, at fully the late advance in the quotations. The
following are present rates :—Congou, is ld to 2s 4d;
Ning Yong and Oolong, is 24 to '213; Souchong. is Id to
28 6d; Flowery Pekoe,2s to 4s 91; Caper,— ; Scented Caper,
Is 3d to is 10d; Orange Pekoe, is 2d to is 4d; Scented Orange
Pekoe, Is 4d to 2s 44 ; Twankay, 9d to is 3d ; Hyson Skin 8d to
Is 2d: Hyson, Is 4d to 4s; Young Hyson, 101 to 2s 4d;
Imperial, is to 2s 4d; Gunpowder, 104 to 3s 6d; Assam, is id
to 4s 4d per lb.
SUGAR—Great heaviness has prevailed in our market
throughout the week, and prices have given way 2s per cwt.
West India qualities have changed hands at Ws to 635; Mauri•
tins, 66s to 625; Madras, -47 s to 56s per cwt. Floating cargoes
of sugar have ruled heavy, and refined goods have been much
neglected. l'ricea of the latter have ranged from 69s to 74a per
cwt. Crushed sugar—both English and foreign—has com•
manded very little attention.
COFFEE—Since our last report nearly all descriptions have
changed bands steadily, at from 6d to is per cwt more money.
Good ord native has found buyers at 6613, and very fine plants,
tion at 102 s 6d per cwt.
COCOA—Our market is very firm, and extreme prices rile in
every instance. At public sale grey Trinidad has sold at 81s to
88s; fair to fine red, 90s to 100 s; Granada, 78s 64:i to 818 per
cwt. Several parcels of Carupeno have been taken in at 1505.
RICE—The transactions in this article have been only
moderate. Prices, however, aro freely supported. Bengal,
10. lid to 14s 6d; Madras, 109 Gd to 115 64; Cargo, 10s 631 to
lls per cwt.
PROVISIONS—Irish butter has sold steadily, and prices
have had an upward tendency. Foreign qualities are very
firm, and 2s to 4s dearer. English butter has advanced 2s per
cwt, with a fair demand. In hams, bacon, and lard, a steady
business is passing.

COTTON—About 9,000 bales have found buyers this week, at
fall prices.
HEMP AND FLAX—For hemp we have to report a slow
sale, on former terms. All kinds of flat are dull, but not cheaper.
Jute and Coir goods are held at full prices.
WOOL—This week's imports are only moderate. For all
kinds of wool we have still to report a slow inquiry, at the late
decline in value. About 40,000 bales of colonial are now in
warehouse.

SILK—The transactions in this article are chiefly confined to
limited parcels, on former terms. HAw—Fussombrone, best,
375 to 41s ; second, 34s to 365. Bologna, 32s to 355. Lom-
bardy, best, 37s to 41s; second, 345 to 375. Trent, best, 365 to
39s ; second and inferior, 33s to 355. Naples, best, 865 to 33s ;
second, 345 to Us. Sicilian, 31s to 375. OROANZINIC—Pied-
mont, 22.24 deniers, 43s to 445; 24.28 aitto, 41s to 435. Milan,
Bergam, 20.22 ditto, 41s to 44s ; 22.20 ditto, 39s to 42s ; 26.30
ditto, 37s to 10s. TRAM-20.24 deniers, 403 to 44s ; 21.26 ditto,
37s to 40s; 26.30 ditto, 355 to 38s per lb.
SALTPETRE—There is very little inquiry for this article, but
we have no actual fall to notice in prices.
SPIRITS—Most kinds of rum move off slowly, and the
quotations are barely supported. Proof Leewards, 2.s 9d; East
India, 2s 9d per gallon. Brandy is dnll, yet the finest old
parcels cannot be purchased under 17s 1041 per gallon. In malt
spirit very little is doing.
METALS - Scotch pig iron has sold slowly, at 785 and 77s 6d
cash. Most manufactured parcels are dull. Spelter, on the
spot, 301 58 to 30/ lOs per ton. Tin is dull and drooping, and
tin plates are offering on easier terms. Quicksilver, is 111 d
per lb.
HOPS—The accounts from the plantations are not very
favourable, and the duty has been called 115,0001 to 120,0001.
Most kinds of hops are in fair request, at full quotations. Mid
and East Kent pockets, 31 lOs to Si 15s ; Weald of Rents,
31 55 to 31 158; Sussex, Si to 31 155 ; and yearlings, 11 10s to
31 per cwt.
POTATOES—The supplies continue rather extensive for
the time of year, and the trade is heavy, at from 255 to 110 s
per ton. _ _ _

OlLS—Linseed oil has sold freely, al 401 5s to 401 108
per ton. ioreign refined rape, 531; brown, 501 10e; English,
ditto, 501. Olive is cheaper, and Mogadore may be had at 501 to
521. Turpentine is firm. English spirits, 43s 6d to 445;
American, 45a 6d per cwt.
TALLOW—The business doing is limited; yet prices rule
high. P. Y. C., on the spot, 60s: for the last three mouths, 57e
perewt. Town tallow, 57s net cash.
COALS—Hastin'gs Hartley, 168; Walker Primrose, 15s 3d;
Eden Maio, 158 9d; Larnbton, 16s 9d; South Hetton, 178;
Stewart's, 17a; Cassop, 15s Od; Tees, 178; West Benue, 15e
per ton.
METROPOLITAN CATTLE The supplies of fat stork
on sale this week have been tolerably good, and the trade
has ruled less active, as follows:—Beef, from 38 24 to 4s 8d;
mutton, 3s to 4s 104 ; lamb, 5s dd to 6s 81; veal, Os 8d to
ss; pork, 3s 8d to is per 81bs to sink the offal.
NEWGATE AND LEADENHALL—These markets have
been somewhat heavy, and prices have had a downward
tendency. Beef, from Its Bcl to 4s 4tl ; mutton, 2s 10d to 4s i;1;
lamb, be to 6s; veal, 3s 61 to 4s ; pork, 3s td to is per 81104
by the carcase.

FROM THE LONDON GAZETTE.
Tuesday, June 16.
.......

BANKRUPTCY ANNULLED.—Jamw.s ALLURED, Norwich,
tailor and outfitter.

BANKRUPTS.—DANIEL PINKSTONE, Golden Lion, Great
Charles-street, Birmingham, licensed victualler Louis
PHILIPPE RESIT FENWICK DE PORQUET, Felle/2UP:di-Street,
City, dealer in agricultural implements—JOSEPH DonsoN the
Younger, Wormley, Herta, Russia merchant—WlLLlAM TYERS,
Nottingham, joiner and builder—JOHN CARLESS, Lamburnam
Inn, Barton-terrace, Gloucester, coal merchant and Innkeeper—
Wm. KEIGHLEY, S. KEIGHLEY, and JOSEPH KEIOHLEY,
Keighley, Yorkshire, worsted manufacturers—Wm. JOHNSTONE,
Lower Church-street, Whitehaven, Cumberland, currier.
SCOTCH SEQUESTRATIONS.—RONALD WRIGHT, Glasgow,
grain and provision merchant—JOHN MOWATT, Glasgow, draper
—ALEXANDER GILLISPIE, Jamaica-street, Glasgow, ironmonger
—GEORGE MORGAN SALMON, Falkirk, writer.
Friday, June N.
_ _ _

BANKRUPTS.--CHARLES WORTERS BROUGHTON, Southamp.
ton-street, Covent•garden, taiIor—WILLIAM RAWLE, Llverp 901
broker—THOMAS B. COOPER, York-place, Old Kent•road, buddeti
—WILLIAM E. PiNcorT,Cardiff,left dRiIIeD—FREDERICK BAXTER,
Nottingham, silk throwster—WlLLlAM WAYRE, Oxford•atreet,
mantle warehouseman—EDWAßD BELTON, Worcester, inn-
keeper—WALTEß LODGE, Huddersfield, cloth manufacturer—.
EDENEZF:R PRICE, Plaistow, upholsterer—WlLLlAM Boon',
UpperWhitecross-street, timbermerchant—WlLLlAM REYNOLDS,
Pontypridd, Glamorganshire, draper—WILLIAM STOCK, Newton,
Lancashire, glass manufacturer—WlLLlAM GIFFORD, St. Ives,
Huntingdon, saddler and harness maker—HENRY RiMINGTON,

Fenchurch•etreet. gas-titter.
SCOTCH SEQUESTRATIONS.—ANDREW MOWATT, Glasgow.
sewed muslin warehouseman—JOHN AFLYCK and Co., Glasgow*,

auctioneers.