The Express.
London, England, 1866-01-26 00:00:00

an increase of 38,9281., a total of more than;
100,0001 in coin must have returned from the
internal circulation. There have been some with-
drawals of private deposita, partially counteracted
by the influx of government deposits. The key to
the present week's return, however, is the fresh
diminution of 576,3961, in the Bank's advances on
private securities, which has led to a decrease of
433,8701. in the actual circulation, and to an
increase of 472,7961. in the reserve. The addition
to the Bank's resources indicated by these latter
figures is very important in the present condition of
the mousy market, but the satisfaction which it is
calculated to inspire is tempered by the recollection
of the cost at which it is obtained. In consequence
of the Bank's charge being kept at a point so high,
and far above the rates in any other market in
Europe, trade is being checked ; merchants no
longer bring bills to the Bank for discount ; and the
national establishment, in fact, instead of endea-
vouring to accommodate trade, seeks only to call
in its resources from the fields in which they have
hitherto been fructifying. The whole system en-
acted by the law of 1844 is once more proved to ha
inadequate to the wants of trade at the present
day. The commerce of the country is being lite-
rally cut down, and made to square with the re-
quirements of a law which might be adapted to the
position of affairs twenty years ago, but is utterly
insufficient now.

BANK Or INOLAND.—An
and Bth Vie.. e. fift, for the
January 21, Idn6.

ISRYII DIPA
Notesjaned 4E93,1007,216 i

afessai,ns
=
dere Capital LIMAS.**
;seem.
Public Deposits (in-
cluding aschmt.
Rev. Raub. Com-
mis. of National
Debt. and Dlv
Accounts)
Other Deposits 14.111A091
Seven dny and other
BUM 40015

it pursuant t. tko Act Mt
mans on Wednesday,

&RSM.P.".
Government debt.. £11,015,100
Other ascalltle• 1464,900
0014 oats and Ul-
nae 13.457,115
lam MMus

Gargroment
_ _

L 56,037,665

M16,907,11S

00.0ad:osasobsialtiia.
ocanwi—vecwiumawiwkittne—ltAntrir-Dj...

Jan. 26, 1866

136,037,661
W. WILLER, eldet Qualm

TstrunAT Evmasa.

Consols, which closed yesterday at 871 to 1. for
the Bth February, opened this morning at 87 to
pand closed at 861 to 87. For money the last
rice was 861 to 1. The official business report is
as follows :—Three per Cent. Consols, for money,
87, 61, 7 • ditto, for account, 874, 7 ; Three per
Cents. Reduced, 864, 7, 64 ; New Three per Cents.,
87, 61, f ; India Stock, 2101 ; ditto Five per Cent.,
I°2i, i•
The India Government Five per Cent. stock was
rather more inquired for. Exchequer Bills were
quoted ss. to ls. dis.
The foreign stock market was dull, but the de-
cline in prices was neither general nor important.
Mexican Bonds receded # per cent.: Spanish
Passive, Brazilian scrip, and Greek, ; and Spanish
Certificates, 4.
The scrip of the New Egyptian Government
Railways Debenture Loan was last quoted to f
prem. It is understood that the letters of allotment
will be posted to-morrow (Friday) evening.
Bank shares were heavy, and the movements in
prices were nearly all downwards. Alliance Bank
were especially depressed, and declined 11. 15e.
Transactions took place as low as prem., but the
last price was Ito lf prem. Agra, Bank of New
Zealand, Chartered of India, Australia, and China,
Comidercial of India and the East, English, Scot-
tish, and Australian Chartered, London and Bra-
zilian London Chartered of Australia, Mercantile
and Exchange, and Provincial Banking Corporation
also gave way. London and South Africa and
National, however, were better. Imperial Ottoman
Bank shares closed at 31 to f prem., being rather
firmer, and Anglo-Austrian Bank at 4 to 3 prem.
ex div.
Financial shares were decidedly depressed, and a
general fall occurred. London Financial showed
extreme heaviness, and fell it. 2s. 6d. to 11. is.
General Credit also declined be., and Imperial Mer-
cantile and Credit Foncier and Mobilier 2s. 6d.
The last prices were as follows :—lnternational
Financial, 5-16 to 7.10 prom. • Gomm.' Credit, 14 to
fi prem. ; London Financial, prom.
4.prem. ; Imperial
Mercantile Credit, 14 to 2 prem. ; Credit Fonder
and Mobilier, 34 to 4 prem.
National Discount shares were last quoted 10/
to 11/ prem., being steady ; Joint Stock Discount,
31 to 34 dia., showing a fresh fall of 10s. ; Overend,
Gurney, and Co., 5 1.16 to 3-16 prem., being be.
lower ; General Ottoman, 31 to 4 prem.; and Hud-
son's Bay, 16 to 4, a eduction of 7s. 6d. to 10s.
Miscellaneous shares were also heavy, and a decline
occurred in numerous oases, including City Offices,
Consolidated Discount, Eastern Assam Tea,
Egyptian Commercial and Trading, International
Contract, Nowgong Tea, Panama Steam, South
Australian Laud, and Union Marine. Canada
Land, Electric Telegraph, and Royal Mail
Steam, however, improved. London and St.
Katharine Dock stock gave way to the ex-
tent of 2 per cent. Lion Brewery shares closed
at 11 to 11 prem., and Lemberg Czernowitz
Railway at 6 to 4 die.. being 1/. better than yes-
terday. London and Provincial Marine Insurance
shares were inquired for, upon the issue of the
directors' report.
The shares of the English and American Bank
were nominally quoted 1 to 14 prem. • London
Steam Towing, 11 to 2 prem. ; Charles Iffitte and
Co. nto prem. ; Gists Candle, to prem. ;
land Hercules Insurance, to 1 prem.
American securities were fiat, but the reduction
in 5.20 Bonds and Erie and Illinois Central Rail-
way shares did not exceed Ito per cent. The
following were the latest prices, viz.:--6.20 Bonds,
66 to ; Erie Railway shares, 551 to 66 ; Illinois
Central, 741 to 75, ex div. ; Atlantic and Great
Western Railway Debentures, 84 to 85 ; ditto
small. 86 to 86 ; ditto Consolidated Sterling Mort-
gage Bonds, paid up, 781 to 791, ex coupon ; ditto
scrip, 4 to 1 prem.
The Crown agents for the colonies have announced
the payment, on the Ist February, of the half-
yearly interest on Cape of Good Hope Government
Six per Cent. Debentures