The Express.
London, England, 1867-01-04 00:00:00

requirements of trade, and its confidence is invari-
ably justified by the result.
The return of the Bank of England for the week
ending Wednesday, Jan. 2, compared with that for
the previous week, shows the following changes :
Circulation issue £33,429,100 Increase £121,220
Circulation active 23,6,1445 Increase 1,363,480
Public deposits 8,162,130 Decrease 544,231
Other deposits
Government securities is

banking deportment 13,111,068 Increase 99,846
Other securities in banking
department 22,816,503 Increase 2,575,247
Coin and bullion in Loth

1.7 departments
Seven day and Mimi bills 458,443 Increase 7,833
The Rest 3,290,285 Increass 25,508
. - -

Note. in reserve
Total reserve (notes k coin)
in banking department... 11,128,517 Decrease 1,185,977
This return presents numerous points of interest.
The government payments at the end of the year
have caused a diminution of 544,2311. in the Trea-
sury balance, and have of course tended to swell
the circulation. During the week under notice, a
sum of 800,0001. became payable on account of the
dividend of 4a. in the pound to the creditors of
Overend, Gurney, and Co., yet, owing to the
anxiety of mercantile firms to have good balances
at their bankers on the 31st December, the pri-
vate deposits have increased fully two million.
At the same time the demand for money usual
at the turn of the year has caused a
sudden increase of more than two and
a half millions in the advances on " other" secu-
rities ; but, viewing this item in connexion with
the increase in the private deposits, it would ap-
pear that the demand is of a transient nature.
The effect of these various changes upon the re-
serve is a decrease of 1,185,9771., but this decline
is of no importance whatever at the present junc-
ture when the Bank is overflowing with money.
It is somewhat remarkable that the increase in the
coin and bullion more than exceeds the amount
sent into the Bank from abroad during the week,
so that the demand for coin for the multitude of
small payments usual at this season must have
been supplied from other sources.

BANK OF 1
An Aecnunt pursuant to the Aet
week endlug uu Wednesday,

liittZ
Notes tuned A1Z,42.,,100

03.429.10.
11111Z1110 IPI
Proprietors' Capital 4103.1000
Red
Public Deposita (in-
cluding lisolisq.,
Say. Baas, Caw-
of National
Debt, and Div. _ _

ENGLAND.
7th and Bth Vie., e. St toe the
r, the and day of Jan., 1867.
PARTIMIT.

Government debt.. C 11,015,101
Other escariltee. 4961,110110
Gold coin and Mal-

-u
__ _.
lion
Silver bullion

18,40,100

433,M,100

Amami.) 8,162,130
Other Deposits
Eleven day and 'Um
BIIL

PARTNER?. .
Government Secu-
rities (including
Deed Weight An-
nut L13.111.618
Other Securities 12,8145011
Notes
Gold end Bihar
Coin - SOWS

f 47,056,038
Jan. 3, 1837.

uT,oe~,Ms

F. MAY, Deputy 7.:Y-4.lger:

THURSDAY EVENING.

Consols, which closed yesteiciWii96lii•fax
div., for next Thursday's settlement, opened this
morning at the same quotation, and closed at 90}
to I. For money the last price was likewise 90}
to ft, and for the February settlement, 90a to
The official business report is as follows :—Three
per Cent. Consols, for money, 90i, ft, it ; ditto, for
account, 908, ; Three per Cents. Reuced, 88},
New Three per Cents., 891, I ; Bank Str,
; India Stock, shut • ditto Five per Cent.,
107 , +, 7 ; ditto Five per Cent. " enlaced " rupee
paper, 101. The closing(3 o'clock) quotation for
the Three per Cents. Reduced and New Three
per Cents. was 891 to
Indian government securities were unaltered.
. _