The Express.
London, England, 1866-06-22 00:00:00

TELEGRAPHIC INTELLIGENCE.

(RICTEMS TELZOBAIL)
THE BANK OF FRANKFORT.
FRANKFORT, Juvs 22.
The Bank of Frankfort has reduced its rate of
discount from 7 to G per cent.

S

29th inst. to settle the list of shareholders entitled
to participate in the funds and wets of the Free
Trade Benefit Building Society. Claimant, are to
prove their claims before the official liquidator by
the 27th inst.

The result of the silk sales is noticed u follows
in the circular issued by Messrs. Durant and Co. :

The periodical public ilea commenced yesterday and
are concluded. The quantity offered was about 1,000
bales Bengal, 2,500 bales China, 800 bales Japan, and 900
bales Canton. The whole was allowed to pass rapidly
without any biddings, a result that had been fully antici-
pated. All the repressing influences of the last few weeks
or months still exist more or leas in their fulness, so that
we have `• no market." When we shall re-commence busi-
ness is still uncertain, whether in a week or a month no
one can foretell. This state of things is almost without
precedent, but the actual position of all consumers as to
stocks is positively without precedent. Very few hold •
month's consumption, many barely sufficient for a week.
The return of the Bank of England for the week
ending Wednesday, June 20, compared with that
for the previous week, shows the following changes:
Circulation issue £29,174,110 Increase r 478,43.5
Circulation active 25,106,790 Decrease 859,555
Public deposits LVS,344 Increase 161,375
Other deposits
Government securities in

banking department.
Other securities in banking
department 31,209,162 Decrease 61,115
Coin and bullion in both
departments
Seven day and other bills— 585,064 Deere,* 27,017
The Rest 3,504,161 Incre.iNe
Notes in reserve
Total reserve (notes k coin)
in banking department 4,744,330 Inereeme 1,228,780
The tendency of the Bank accounts is still ex-
ceedingly favourable. Owing chiefly to the large
influx of private deposits, the reserve has again
risen 1,228,7801., and has now reached 4,744,3301.
There is at the same time a fresh increase of
369,22 W. in the coin and bullion, which argues a
further reflux of coin front the provinces. That
notes are also returning is further proved by tho
diminution of 869,55 W. in the active circulation.
Yet, in face of these highly satisfactory changes,
the Bank directors persist in their refusal to reduco
their rate of discount.

11,148,454 Increase W,OOO

BANK OF 1
An Account pursuant to the Act
week endow on Wedni3day,

ENGLAND.
7th and b%h Vic., e. 32, for the
, the 20th day of June, LW&
ARTNIINT.
Government debt.. £11,015,100
Other securities.... 3,90 .:MO
Oold coin and bul•
lion
Silver bullion

mita DiiN
Notes issued £29,114,110

£29.174.110

BANKING DI
Prop!tato& Capital A1t,r,4,000
Rest
Public Deposits (in-
cluding Mahan.,
Say. Banks Com-
mis. of National
Debt. and Div
Accounts) T,298,344
Other Deposits
Seven day and other
Bills

14,174,110

45,174,110

PAIRTNincr.
Goveruner.t Secu-
rities (including
Dead Weight An-
nutty; L11,148.V.4
i Notes
067,3*-*
Gold and darer
Coin

L 47.101,946

447,10,1,916

June 21,1806.

unizu.

THtIBDAT Evieritto.

Consols, which closed yesterday at 844 to o, ex
div., for the 10th July, opened this morniag at
the same quotation, and closed at 864 to 4. For
money the last price was 854 to 86. The
official business report is as follows •—Three
per Cent. Consols, for money, 86, „,1 5„• ditto,
for account, 86,1, 4, ; Three per Cents. Reduced,
891, ; New Three per Cents., 854, s, 4 ; ditto,
Two and a Half per Cents., 684 ; India Five per
Cent. Stock, 1034, ; ditto, Four per Cent. 901:
90 ; ditto Five and a Half per Cent. " enfeced:
rupee paper, 1061 ; ditto Four per Cent. Deben-
tures, 100/ • ditto Bonds, per.
The India Five per Cont. Stock was quiet.
There is still no change in Exchequer Bills, the
March being quoted lie. to ss. dis., and the June,
ss. dis. to ss. prem.
There was more demand for foreign stocks, and
an advance took place in several cases. Peruvian
Bonds of 1862, Turkish of 1868 and 1862, and
Chili:in scrip improved 1 per cent. • Turkish of
11865, ; Brazilian of 1865, 1 ; and Italian of 1861,
A ; Creek and Mexican, however, were dull, and
declined k tow per cent., respectively.
National Discount shares were last quoted 61 to
7 prem., showing a rise of ss. • General Ottoman,
II to VI prem. ; and Hudson'se Buy, 164 to 4,
being the same as yesterday. Miscellaneous secu-
rities were decidedly heavy, and the reduction in
prices was more general than for some time past.
The chief alteration was a fresh fall of no less than
10 per cent. in Italian Irrigation Six per Cent.
Bonds. Australian Agricultural shares also de-
clined 21. 10s. ; London and Glasgow Engineering,
; Millwall Freehold Land and Dock, Peninsular
and Oriental Steam, and Rio Improvements, 11. ;
China Steam Ship and Labuan Coal, Egyptian
Commercial and Trading, Madras Irrigation and
Canal, North British and Mercantile Insurance,
and Ocean Marine Insurance, 10s. ; and Fore-
street Warehouse, Italian Land, Northern
Assam Tea, and Thames and Mersey In-
surance, 51. Union Marine of Liverpool were ex-
ceptionally firm. London and St. Katharine Dock
4 Per cent, debenture stock receded 2 to 3 per
cent.
United States 5.20 Bonds and Illinois Central
Railway shares were in demand, and improved to
per cent, respectively. Prices closed as follows :
—5.20 Bonds, 654 to 1 ; Erie Railway shares, 41
to 1 ; Illinois Central, 754 to 764 ; Atlantic and
Great Western Debentures, 491 to 501 ; ditto
Consolidated Mortgage Bonds, 494 to

MINES.-(THIS DAY.)

thris °Timer-

The mining market is quiet to-day, and prices
are quoted the same as yesterday. Chiverton Moor
are now called bi to I ; West Chiverton, 65 to Gil;
East Caradon, 742 to 8 ; Goldbeck Fells, dis. to
par ; Prince of Wales, Bs. Gd. to Os. Gd. ; Wheal
tieton, 175 to 180 ; Frank Mills, 4/ to 1 ; and
Chontales, to 11 prem.