The Express.
London, England, 1867-05-10 00:00:00

TO THE EDITOR OP THE LEPRE.S.

15, Lombardatreet. May 9.
Ste,—The committee of banker". have decided to publish
weekly tLe total daily amount' passing through the
Clearing, and I have now the pleasure of forwarding you
these statistics for the past week. We propose to com-
mence the week on the Thursday, in order that the publi-
cation may fall on the same day as that of the Bank of
England balance-sheet; but, to make the statistics of this
month complete, I may add that the amount for the Ist
May weal-006,000r. It would of course be very interesting
if the amount of billscould be distinguished from that of
cheques. This is impracticable at present, but the amount
on the 4th of each month, which is the principal day for
the settlement of inland bills, gives au indication of rela-
tive activity of our inland trade, while the total* on the
Stock Exchange settling days (which will he at once ren-
dered apparent b:• the sudden increase in the amount) will
be an indication uf the increase or decrease in the amount
of business on the Stock Exchange. If the accompanying
time* are compared with those which were collected in
the year Pato, and published by Mr. Babbage in the
Jeers's: of the &Wilbert, &rid!, for 1856, the NOM re-
markable !wooers will be observed as that snows by the
Board of Trade returns. For facility ,f comparison I will
give here both the daily totals for the past week and the
average amounts for the same depot the week in the year
11419, which is tit last period for which we have any sta-
tistics. These ere as follows a—For the past week :
Thursday, May 2, 8,767,0001. ; Yeiday, May :1, 10,114,0001.;
Saturday, Stay 4, 12,9(1,1,001X; Monday, May 6,7,392,00 W.;
Tuesday, Kay 7,8,647,000 f.; Wednesday, Kay 8,9.220,000 E;
total, 57 024 0001. „ . .

The average amounts for Ift39 -vere:—Aversge of each
day of the week. Thursday, 2.725,0001. ; Friday,
3,M8,800/. ; Saturday, 3,621,700/. ; Monday, 2,927,700/. •
Tuesday, 3,2,2,•00/. ; Wednesday, 2,734,4001.: total,
18,400,2001.
Avenge of each day of the week in 1839, omitting the
4th of each month and settling days.—Thunday,
2,307,4001.; Fridcy, 2 912,9001. ; Saturday, 3,575,0001. ;
Monday, 2,653,2001.; Tuesday, 3,123,200/.; Wednesday,
2,511,7001 : toLd, 17,146,4001.
While the amount for the last week, being 57,024,0001.,
shows an increase of no less than :38,600,0001., and is more
than three times as large as that of 1839. I may add
that the largest amount which passed through the Clearing
in any one day in l 83.) was 6,209,11007., and the smallest
was 1,529,7007. -I Rll7, &C.,
Jolts Lois,:oca, Hon. Secretary London Bankers.
Clearing-house returns for week ending Sib Ma ,1867.—
Thursday, May 2,8,747,000/4 Friday, May 3, 10,188,0001.;
Saturday, May 4,12,900,0001.; Monday, May 6, 7,302,0001.;
Tuesday, May 7, 8,647,030/. ; Wednesday, May 8,
9,220,0001.: total, 57,024,00 W. _ _

We are requested to state that on and aftor the
13th inst., the business of the Provincial Banking
Corporation (Limited) will be carried on at their
new offices, Bank-buildings, Lothhury.
Subjoined is Messrs. Culverwell, Brooks, and
Co.'s report of yesterday's hide sales : .

At the eighth aeries of hide sales for the year, which
took place after an interval of a month, instead of iu the
usual fortnightly course, there was a large attendance of
buyers and a good demand. Knit —Ox and Cow.
—Calcutta.—All descriptions were in request at full
priors, while for the more common qualities an occasional
advance of Id. per lb. was realised. Of 138,147 hides
offered, 119.250 were sold. East India.—Buffalo brought
advanced prices. Leather.—bast Indian.—A large quan.
tity was offered and sold well, being in good demand.
Australian, ovrisg to the large supplies brought forward,
was not of brisk sale, and prices were lower except for
prime qualities. Salted Hides.- Australian.— Heavy ad-
vaneed Id. to Ad., and light about id. to id. per lb. This
was owing to the small quantity offered, the stock being
very moderate. Cape were in good request at a slight
advance. Dry and Drysalted Hides.—Wert Coast •end
Brazil sold fairly. Cape brought higher prices. West
India and Mauritius realised improved rates. Bark.—
Mimosa was nearlyall bought in.

The weekly return of the Bank of France shows
the following changes : _

Coin and bullion
Bills discounted
Government deposits Decrease 580,000
Notes in circulation ......... Decrease 280,000
Private deposits
Advances
The demand for money, as shown by the dis-
counts, has again fallen off, while the further con-
siderable increase in the coin and bullion raises the
aggregate held to no less than 31,627,000 L, being
about twelve and a half millions sterling more than
the heavy stock in the Bank of England.
_ _ _ •

The return of the Bank of England for the week
ending Wednesday, May 8, compared with that for
the previous week, shows the following changes :
Circulation issue £32,963,230 Decrease 2204,180
Circulation active 41,146,810 Decrease 152,855
Puldic deposits 7,406,357 Increase 353,856
Other deposits
Government securities is
banking dep,:rtment 12,886,314 No ohmage.
Other securities in banking
department 19,220,896 Increase 51,572
Coin and bullion is both
departments
Seven day and other bills— 457,798 Decrease 21,849
The fleet 3,138,592 Increase 12,699
Notes in reserve
Total reserve (notes 6, coin)
en b.,nk ing dep 10,983,547 Increase 34,317
The Bank has gained slightly in deposits, and,
thouo the position of the advances on private se-
curities indicates that it is now transacting more
business than it did a few weeks ago, the reserve
has increased little since last week. During the
same period the Bank parted with 130,000 t. in gold
for exportation, and the decrease in the coin and
bullion shown above is 118,5381.