The Press.
London, England, 1857-06-27 00:00:00

Kane Varket anb it Intelligent.

FRIDAY EVENING.
THE return of the Bank of England for the week ending
the 20th inst., shows the following ciainges compared with
that for the week preceding:—
Decrease in Circulation
Increase in Public Deposits 193,636
Decrease in Other Deposits ..
Increase in Government Securities
Decrease in Other Securities 197,245
Increase in Bullion
Increase in Rest
Increase in Reserve
Bullion in Both Departments
Circulation, including Bank Post
Bills
The present return is, like the last, of a favourable chi.
racter. and it confirms the prudence of the Bank Directors
in reducing the rate of discount last week. The Bullion
shows a large increase, and it now exceeds 11,100.0001.,
with every prospect of a larger aggregate in the succeeding
return. The Reserve has also increased, although a con.
siderable sum out of the Private Deposits has been with.
drawn, mainly in consequence of the addition to the Public
Deposits, and the repayment of advances. The Private
Securities have fallen off nearly 200,0001. On the whole,
the returns is in all essential respects the most satisfactery
that has appeared in the current year.
Money has been in good demand, but without causing
any particular pressure, though in some quarters the
incidence of revenue payments at this period has led to
considerable tightness. In the early part of the week
nothing could -be done under the Bank minimum, but

SATURDAY,

during the last day or two some relaxation has been made
in this respect. Attention is now fixed upon affairs in
France, where the elections are in progress, the results of
which, so far, cause some degree of sensitiveness, which
has not been removed, but rather increased, by the policy
of the Bank of France in reducing the rate of discount
from six per cent., at which it was fixed on the 20th
September last, to five and a half per cent., as this move-
ment is atttibuted to the direct interposition of the
Government, and not to the spontaneous action of the
Bank. There is some ground for this state of feeling, the
more especially as the reduction has been made in the
face of a falling off in the bullion to the amount of
800,0001. In all other respects the aspect of the English
market is satisfactory. The prospects of a br.untiful
harvest are eminently satisfactory, the stock of bullion is
increasing, and trade, with some exceptions, is improving.
Under these circumstances it is possible that the Bank
Court may shortly reduce the rate of di;count to five per
cent., below which we do not anticipate it can or will
descend in the present year.

The bullion movements of the week have not been of
much importance. Altogether, 401.000/., or rather less,
has been received, of which about 100,0001. has been sent
to France. Of the remainder the Bank of England has
taken 150,0001., and the balance was purchased to•dav for
the Continent. There is now due from Australia nearly
400,000/.

The Continental Exchanges are, upon the whole, well
sustained, though on some places they are rather lower
that this day week. To-day they were flat.
The English Funds have been remarkably inanimate
the whole week, the greatest extent of fluctuation nit
having exceeded one eighth per cent. Business has been,
as nearly as possible, nil. They closed on Friday at 93}
to } ex div., and last night at the same. During the
interval they were occasionally quoted at 931, but this
price was on no occasion sustained. Tacky they closed
flat at 931.__
_ _

Railway Shares have been nearly as inactive as Consols;
but yesterday rather more was doing, end the tendency
was towards improvement. The approach of the settle-
ment is now restricting operations. Sbeffields have rather
gone back. The Canadian lines are lower. French
descriptions have not varied much. To-day the market
left off dull.
In the Foreign Market the late improvement in Turkish
and Russian stocks has been confirmed; but business is
exceedingly languid.

Joint•stock Bank, Mining, and Miscellanecns Shares
extremely dull, at previous rates. A sale in the stock of
the Atlantic Telegraph Company (7001. paid) was nego-
tiated yesterday at NO.
Exchentus Bills have declined ; and the present price is
7s. to 2p. dis.

The Canada Company have divided 51. per share free of
income tax for the half•year.
The amount paid into the Treasury of the Enst India
Company for bills on India from the 10th to the 25th inst.
was 30,292/.

A dividend of lOs. per share for the halflear, with a
bonus of 55., free from income tar, making, with lOs. paid
in January. a total of 2:is, for the year, has been declared
by the General (Nova Scotia) Mining Association.
The promoters of the Isthmus of Suet Canal Company
held a meeting at the London Tavern on Wednesday, when
a resolution was passed that the undertaking would prove
eminently advantageous to the commercial interests of
Great Britain.
At the Court of Bankruptcy on Wednesday the examina•
tion of the directors of the Royal Briti,h Bank was
adjourned to the 23ru September. Their balance-sheet to
be filed on the 23rd September. The assets are still
computed to produce sufficient to pay lOs. in the pound.
Nine of the directors are either in custody or have given
bail for their appearanceto take their trials. Mr. Cameron
is one of this number. Mr. Cochrane is not yet in
custody.
The audit of the accounts of the Agra and United
Service Bank, taken on behalf of the new directors who
have recently joined the company, has been completed,
and is stated to have been most satisfactory.
The Australian Auxiliary Steam Clipper Company have
held their first ordinary meeting, when a report detailing
progress was adopted. For the present no dividend is
declared, though the earnings of the ships have been
satisfactory.
The Turkish Gas Company is to be dissolved, and out
of the 2s. fid. per share paid. Is. 61. is to be returned.
The expenses have absorbed the remainder.
The Board of Trade accounts for the month and the
five months ending May 31 were issued this morning.
The increase in the declared value of the exports is satis•
factory: and there is now every prospect that this branch
of our comme, ce. during the year, will be equal to, if not
exceed, that of 11,:r#6. The following table shows the
results comparatively :

Month Fire months
Ending al at May. ending 31st May.
1F455 0.3.049.246 Z 34,949.727
1135(3 8.733 3!10 43,307.329
1ii.57 11,332.204 50,195,541
Appended to these accounts is a table of the declared value
of oar exports to each foreign country and British pos-
session in 1856 and 18.55, from which we extract the
totals :

1855 lASO
Foreign countries.... £69.135,210 £82,526,509
British possessions .. 28,552,875 33 300.439

Total
The Trade Reports of the week are upon the whole
rather cbeerinv, the prospect of an abundant harvest all
over Europe having diffused an encouraging tone among
all classes of traders. The ahort•time movement in the
manufacturing districts of Lancashire is still in operation,
but it is not extending.

JuwE 27, 1857.

BANK OF ENGLAND.

An Account, pursuant to the Act 7th and Bth Victoria, cap. 31
for the week ending on Saturday, the 20th day of June, 1d57.

Mtn PSPARTIIENT.

Notes Issued ....:94,911,630' Government Debt 511,015,1 Ch
Other Securities .. 3,459.901,
Gold C01n.% Bullion 10,43CA30
Silver Bullion

t 24,911,630 I
NANKING DIMARTMLNT.

,C24,31L630

Proprlators'Capital/14,553,0001 Government Seen-
Rest
Public Deposite.. 7,799,612 , DeadWeightAn.) 110,327.22.1
Other Deposits
Seven Day A other 'Notes
Btlla
475.6T3,212 1 --
£35,653.212
• Including Exchequer, Commissioners of Nstioual Debt
Savings' Banks, and Dividend Accounts.

BRITISH FUNDS.— Closing Priors.
OFFICIAL QUOTATIONS.

3 per Cent.Consols
Ditto for Account
8 per Cents Reduced
3 per Cents
Long Annuities
Bank Stock. 7 per Cent
New As per Cent Annuit
Kxch. Bills, 20... (June)
India Bonds,(1,0001.)
FOREIG
Mond.
II 1'
Ad
106 10
Ali
30

Antw.&

Belgian East. J.
Dutch Rhenish
East Indian.. •
Gt. Indian Pen
G.W.o(Can.,SI2
Lyons & Geneva
Madras
Naiuur‘t Liege
tirthrn.of Enact .
Norw. Trnk.Pri.
Paris & Lyons
Paris & Orleans
Paris 3 Rouen

-B
33}e 9}
8} 91
59}
5,59

IMond.,Tuesd. Wed. Thurs. Friday

I
i! 031 .1 93} 93}
.
I
•
93 2; 92 i 29 3;97
16 3 921 3
9- 19181.2;
-1121 CI 3 2 8 93- 21
.
.212 i 212} I
3d p p 4a IS d 3 74 5
3 rd. I 7d 64d --
44 RAILWAYS,
Tuesday. Wednes.
61 7 01
4 Li 1 3 2 * •
dis
LOS 10 105 10
/ 211 ;
221 , t. 21 I
/9 30! 29 30
20

Thurs. 1
3it I
z 21a ;
108 10 II
213
221
291 30ti
:19 20
81 d i
39
'l4 1g I
551 CO.
168 60

19 20
It tit 19
8 9i
in, ,

i
39 t
8j 91
33e
SE 60

SHARES
Mond. Tmesd. TVed..7ltur.
,
Al 9 81 9 81 9 iFf 9
90 02 90 02 90 92 -,0 2
1711 b 741 61 74f bf 741 151
'36_37 30_37 36 7 36 37
1 --
1 di
19P01 19094 1111204419120.1 i
.341 51 3il 5; 34f 61 35 6
197 9097 B'9l 897 8
ill/ 111 ill 011 f
81 Of 284 941,. 911 991
( 1;64 6 ‘lO4 61. 6 104 6
1641 f 114 i 5641 4uf 52'
Ilion woe illooi uovi
-- -- PI -- P
112 13,112 13 112 1012 18
6 f. 6t 6 1161 t
1031 4 1031 4,1031 4100
831 4 831 4; 3lf 4"83f 41
62 64 62 64

Aberdeen
Birm.Wolv.&StourYal.l
Bristol and Exeter !
Caledonian
Chester and Holynead
Cork and Bandon .• • •
Dublin & Belfast June.
East Anglian
Eastern UnioE (B)
East Lancashire
Eastern Counties
Great Northern
Gt. St.h. and Wst of Ire.'
Great Western
Lancashire& Yorkshire
Lon., Tilbury,& S. Brkg.
Lon., Brighton , ttc
London and Blackwall
London and Nrth•West.
Midland
Newmarket.
Newry and Enniskillen
Norfolk
N rthrn. Counties Union
North British
North Staffordshire •
North•W astern
Oxf., Wrcstr., and Wolf.
Scottish Central
Scottish Midland •
South Devon
South-Eastern and Dow
South- Western
South Wales
Waterford & Limerick
M ISCELLANEOCS—
Australian Agricultural
Canada
Crystal Palace
Crystal Palace of France
North BritishAus.Laudi
Peel River Land &Min.l
Scottish Anet. Invest.l
South Australian Land
Van iliornan'a Land

31 144
431 }ti 431
4/ 14/ }ll,
7} 8 • 7} 8
321 2i 32} 31
1108 8 106 8

'I
,31
1:;41
Jr I

69 71
916 91
5 .744951
jlOl
968 9

18091:
144 49,
It 2i,
!I
114 %
34 C
11 12

i
1; I 2
14 1
;34 6
11 12

lii '6
In 12

11 12

6
3 20
102 10
9211
291 90t
19 20
8i
961 9
8t 9i
L 9
17 9

Frid.
_
8i 9
90 92
74f 41
S 6 7

d
191 201
331 6$
17 8
119
99 100
104 6
1:i 04
P
119 14