The Sun.
London, England, 1845-10-25 00:00:00

lower rates have been accepted. Cod has been purchased
with caution, although 28/10s to 29/per tun have been taken.
TALLOW.—This afternoon at public sale 80 packages of
Cape Tallow were sold at 39s 6d to 43s 3d; 440 packages of
New South \Vales 40s 6d to 43e 3d, inferior 38s 9d to 40s;
214 packages South American 393 3d to 41s 6d; 14 brls
North American 39s 9d ; 50 brls East India 39s to 42s ; 80
brls of tine sort Siberia 39s 6d to 39s 9d.

Wolverhampton add Staffordshire Banking Com-
Average Amount.
pany, Wolverhampton 34,500
Wakefield and Barnsley Union Bank, Wakefield 14,425
Whiteharen Joint Stock Banking Company,
Whitehaven ... ,
Warwick and Lew oif .gton Banking Company,
Leamington
West of England and South Wales District
Bank,l3ristol. ...... .
Wilts and Dorset Banking Company, Salisbury 76,211
West Riding Union Banking Company, Find-
dersfield .......
Whitchurch and Ellesmere Bankiiig Company;
Whitchurch . ...
Worcester City and County Banking Company,
Worcester...
York Union Banking Company, York 70,669
York City and County Banking Company, York 93,311
Yorkshire Banking Company, Letils . 124,579
P. DEANS, Registrar e f Bank Returns.
Stamps and Taxes, Oct. 18, 1845.

BANK RETURNS.
(From the London Gazette of Tuesday.)
An Account, pursuant to the Act seventh and eighth
Victoria, cap. 32, of the Average Amount of Bank
Notes, of the several Banks of Issue in England and
Wales, in Circulation during the Week ending Satur-
day, the 11th day of October, 1845 :- Average
PRIVATE BANKS. Amount.
Abingdon Bank, Abingdon-Knapp and Co 25,915
Andover Bank, Andover-Heath and Co 17,125
Ashford Bank, Ashford-Jemmitt and Pomfret 12,819
Aylsliam Bank, Aylsharn-R. and E. Copeman 5,614
Aylesbury Old Bank, Aylesbury-Rickford
and Hunt
Baldock Bank and Baldock and Biggleswade
/3 tr.ir, ;laldock-Wells, Hogg, and Lindsell 31,660
ie Bank, Barnstaple-Drake and Co 16,371
Basingstoke and Wiliam Bank, Basingstoke-
Colo, Seymour, and Co.
&dinar! Bank, Bedford-T. Barnard
Bedford and Bedfordshire Bank, Bedford-
'J Half head, and Co.
flew d ley Bank, Bewdley-Nicbols; Baker, and
Crane
Bluster and Oxfordshire Bank and Oxford
Bank, Biceater-Tubb, Wootten, and Co.
Birmingham Bank, Birmingham-Attwoods,
Spooner, and Co 24,441
Birmingham and Warwickshire Bank, Birming-
ham-Lewis, Moilliett, and Co 15,978
Bltrndloid Bank, Blandford-Bastard and Oak
Boston Bank, Boston-Garfit and Co 70,003
Boston Bank, Boston-Gee and Co 14,373
Bridg ter Bank, Bridgwater-E. &J. Sealey 9,952
Bristol Bank, Bristol-Miles, Harford, and Co. 40,048
Broscloy and Bridgnorth, and Bridgnorth and
Bro.seley Bank, Broseley-Messrs. Pritchard 23,772
Buckingham Bank, Buckingham-Bartlett,
l'arrelt, and Co.
Bury a:.d Suffolk Bank, Sudbury Bank, Market
Bank, Bury-Oakes, Bevan, and Co 80,709
Bank ury Bank, Banbury-Gillett and Tawney 37,345
Banbury Old Bank, Banbury-Messrs. Cobb 46,754
Bac. City Bank, Bath-Moger and Son
Bedfordshire Leighton Buzzard Bank, Leighton
Buzzard-Bassett and Grant 36,405
Birmingham Bank, Birmingham-Taylor and
Lloyds
Bradford Old Bank, Bradford, Yorkshire-H
and A. Harris
Brecon Old Bank, Brecon-Wilkins and Co 58,480
13ridport Bank, Bridport-S. and W. E. Gundry 25,561
Brighton Union Bank, Brighton-Hall, West,
and Borrer
Burlington and Driffield Bank, Burlington-
Harding, Smith, and Co
Bury St. Edmunds Bank, Bury St. Edmunds-
J. and Co.
Bromsgrove Bank and Stourbridge and Broms-
grove Bank, Bromsgrove-Rufford, Briggs,
and Co. 15,92
Cambridge Bank, Cambridge-Mortlock and
Sons
Cambridge and Cambridgeshire Bank, Cam-
bridge-Messrs. Forstcrs
Canterbury Bank, Canter-Wiry-Hammond and
Co
Carmarthen Bank, Carmarthen-Morris and
Sons
Chertsey Bank, Chertsey-Messrs. La Coste
Colchester Bank, Colchester-Round, Green,
and Co. 23,666
Colchester and Essex Bank, Witham and Essex
Bank, and Hadleigh Bank, Suffolk, Colchester
-Mills, Bawtree, and Co
Cornish Bank, Truro-Tweedy and Co -
Coventry Bank, Coventry-Little and Wood-
cock
City Bank, Exeter-Milford and Co 21,288
Craven Bank, Settle-Birkbecks and Co
Christchurch Bank, Christchurch-Tice, Welsh,
and Co
Cardiff Bank, Cardiff-Towgood and Co
Chepstow Old Bank, Chepstow Bank, Mon-
mouth Old Bank, Monmouth Bank, Brecon
Bank, and Ross and Herefordshire Bank,
Chepstow-Bromage, Snead, and Co.
Derby Bank, Derby-Messrs. Evans
Derby Bank, Derby-Smith and Co.
Derby Old Bank and Scarsdale and High Peak
Bank, Derby-Crompton, Newton, and Co 25,589
Devizes and Wiltshire Bank, Devizes-Hughes,
Locke, and Co 18,210
Diss Bank, Diss-Oakes, Finchatn, and Co 10,534
Doncaster Bank, Doncaster-Leatham, Tew,
and Co.
Doncaster Bank and Retford Bank, Doncaster-
Cook and Co.
Dover Union Bank, Dover-Latham, and Co 9,378
Darlington Bank, Durham Bank, and Stockton-
on-Tees Bank, Darlington-Backhouse, and
Co 88,35
Devonport Bank, Devonport-Hodge and Nor-

8,335

BANK OF ENGLAND.
ACCOUNT FOR THE WEE!: ENDING OCTOBER 11m, 1845,
AS COMPARED WITH THAT OF THE PRECEDING WEEK.
In the Issue Department—Notes issued £28,068,820
In the Banking Department--Notes remaining 7,037,600

8,969

Circulation, last time..

21,031,220
21,260,055

Decrease in the circulation of notes with the
public

228,835

Seven day and other bills .
Last time ..

1,081,206
,088,160

Decrease in the bills ......

Public deposits
Last time........

8,782,975
8,703,497

uerease in the public deposits..

79,478

'rivate or " other deposits"..
.ast time

8,474,856
8,167,961

nerease in the private or "other deposits"

306,895

Government securities ... ........... ........ . 13,348,643
[No alteration.]

Private or "other securities"
Last time

. 15,133,966
15,188,965

Decrease in the private or other securities..

54,999

Gold and silver coin and bullion - 14,580,654
Last time 14,865,043

Decrease in the bullion, &c., in both department& 284,359

ncrease in the circulation, as compared with the
corresponding week of last year
ncrease in the bullion, ditto, ditt0.......

803,160
135,650

TO THE EDITOR OF THE
From my Chambers in the West, Oct 18, 1R45.
Sin.,—The above account is more satisfactory :than the re-
turns of the preceding week; the extension in thve circulation
has been checked, and the tables turned the other way. The
large increase of 306,895/. in the private or other deposits, on
the eve of the.dividends is of a very unusual character, and
shows the abundance dmoney. The decrease in. the private
or other securities of 54,9991. is but the beginni. lg of a consi-
derable reduction under that head; for if pa rti:es can get
bills discounted in Lombard. street at 2% or 1 :14 per cent.,
they will of course cease to apply at . the Bank ;
the consequence will be, that large ,sums will
remain in the banking depiwtment un productive.
It is true their Government securities are great ly reduced in
amount. On the 12th October last year they had 16,353,8341.,
now they have only 13,348,6431., being a reduction of 3,005,191/.
in the twelve months ; this amount can nol r be advan-
tageously replaced, paying even a better rate of ;arterest than
discounting bills at; three per cent., at the pr( se ut prices of
the funds. The bullion is again decreased ; still„ the amount
is above the returns of the corresponding week 3f last 3 ear,
and the present rates of exchange even more fav csurable than
at that period.

3,070

19,85

The gunk having raised its discounts to three 1 )er cent. will,
it is said, have the effect of making some men more sober ;
of course in the same proportion as three bears to• two-and-a-
half, that is to say, the maximum of speculation is to be re-
duced in the inverse ratio of twenty per cent. on; the aggre-
gate amount, by the increase of one-half per t it. in the
value of money, eras credenzas, hodie addl. The: :real cause,
however, for this alteration, is stated not to ar at: so much
from apprehensions of a domestic nature, but that t he Directors
have at last found out that money is of more v al ue on the
continent than in this country ; but this fact was: :known to
them last autumn, and had they then listened tto Cosmo-
polite's remarks they would not have reduced thei r discounts
from three to two-ant-a-half per cent. at all, fcr.r at that
very period the Bank of France was discounting bills at the
current rate of four per cent. The thirst for specu la tion was
at that time also in an incipient state, which the p ro ceedings
of the Directors since fanned into an unquenchable flame ;
besides it would have prevented this early and i. aj udicious
tampering with the value of money at the rates s, recently
established.

2,240
6,903

THE SUN, LONDON, SATURDAY EVENING, OCTOBER, 25, 1845