New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1857-06-24

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The financial writer Of The Manchester Guardian,
at London, says:
From inquiries made, 1t appears that Iarge P2r
ion Of the gold lately arrived will 60 abroad again
The silk houses are dispatching silver 70 Cnna IN
large portions. both from here and from France and
he silyer markets the continent are beginning 10
eel the effects Of this competition aud DRAM .
"The supposition that the Bank of England would
lower the rate of interest to-day has not been realized
and, observed yesterday, 1t Is very proolenau
CA if such step will be taken at present. n2tE'u-
standing that the Bank OF France is not unlikely 10
resort 10 that measure in support OF the Government
al the present crisis of the elections and that the
stock Of bullion is here likewise daily accImus'lng
by daily deliveries in Tire sdneede street Inc suest
guide TO the operations OF the Bank Directors will now
be the weekly return of the Banks position Before
it will be cafe for the minimum rate of the establish
ment to be lowered the amount OF the 'Other secur
ties must be reduced, the reserve OF notes must
sensihlv increase One OF the most favorable lndica-
lions Of the lately altered state of affairs Is the rate o
exchange on the United States upon England whereby
we are now in receipt, by every mail, OF large sup
ply OF gold. .,,
The return from the Bank of England for the week
ending the 9th Of June gives the following results
when compared with the previous week;
Public deposits. 90 esq rAets.'e.'' 4.2s 80
Rs.sI depoa''..'. ss2isincyes.. 80. 1881
On the other eide of the account
Government securities. &c S@ 1871 Unchanged
Notes unemployed..... san 500. .Irerss.e a536sa
The amount Of notes in circulation is flS,7Sj,9S0,
being decrease Of f29l 49, and the stock of bullion
in both departments is SO 29O, $40 showing an in-
cresee Of E25S pa when compared with the preceding
return.
The suspension has been announced Of Messrs. W.,
Macintosh & Co.. Of Manchester, with liabilities
supposed to amount to flO0,O00, Of which about
$40 600 fall on London.
The suspension is announced Of the bank OF Messrs.
Gotch g. Sons of Kettering. The firm old
one having been established sixtyfve years back. but
its liabilities are not supposed to be very large. 1t was
bank If issue with circulation limited under the
act Of 1874 TO 60 1872, and according to the last-pub
list ed returns its total Of notes out was tSI92 The
bark was in difficulties in 1879 from which it recov
cred but for some time lately It's position had again
been regarded as doubtful.
The suspension Of Messrs. Evans, Hoar & Co, a
firm largely engaged in the Australian export trade Is
announced Their shipments, which consisted OF beer
wines and sprifs believed 10 have been on scale
mucbe their available capital and the prospects
Of the creditors will, it is presumed, greatly depend
upon future advices as to realIzaons effected Ae-
cOrdiDg TO accounts the Liabilities Of the house
amount to geo 600, but the most reliable estimates
place them at about fl5O,00O
TIE London Times city article) of Friday night,
says:
The funds have been firm to-day at the improve.
ment which occurred last evening after regular hours
Gonsols the 9th a ,IulV have stood yJt 4,
dividend.
In the Stock Exchange, as well as in the discount
market and at the Bank Of Eng and there was con-
siderable pressure for money throughout the day u
g. cent being the lowest rate.
In the foreign exchanges this afternoon the rates for
Hamburg and Paris were shade higher, but Amster-
dam remained the same as last post.
The final quotations OF the French Three g Cents
on the Paris Bourse this evening were oof iOc. tor
money and 6sf Csc for the end OF the month"; showing
an Improvement Of Z cent.
Letters from Melbourne say that
The production and export of gold, however, which
is generally accepted here a. Thermometer OF our
prosperity still keep fully up to the average Inc
quantity by escort for the first three months OF the
fls. 63l ounces, f3,s7s 52i This is The Argus's
count. Kuhlls statement OF the export exceeds
f3,0OO,GO0.
The Lir9pOol Times of Friday evening Gays:
Much attention has recently been paid by the com
mercisl world generally. and by capitalists in this
country in particular, 10 the position OF the Bank OF
france owing TO the great drain of gold from Engand
TO enable her to maintain her reputation, at periods
when from scarcity Of the precious metal short arrl
vals and high rates for money, more than It's value
had frequently to be paid. A change, however has
now taken place, and the returns puolshed 10 the
Meneur for the month ending Yesterday show an 10
crease in cash in hand of 10, QUO francs in Paris,
and "a 635 goo francs in the branch banks Its favora
bic position il believed, would cause reduction
in tie rate of discount from T. cent at which IT has
stood for ne ary ten mouths 70 d e cent his be-
lief was however premature, and though dsappont'
ment has been felt by msny spectators the step has
been met by general approval Many rumors are
efoat which must be cautiously received among 9TH
ers that the newy-appointed Governor OF the Bank,
ii. dc GeInlny was quite opposed % any reduction III
the rate Of discount but that VI the st acts OF his
administration will be enter into another contract
with tie Messrs. Rothschild for the purchase OF
I eco 000 Of gold in London.
The Money market Is easier and the supply i'm
proved but the Bank minimum rate Of dlscodnt re-
mains without change al cent. The large pur-
chases Of gold out Of the recent supplies which cannot
fall far short Of thTeequarers Of million sterling oy
the Directors Of the Bank, have led TO the strong be-
lief in monetary circles that at early da'e re-
duction will be announced. Indeed many parties
were ear guine enough TO believe that such step
would be taken at their Pariour yesterday, but
caution has still 10 be observed, especially "a the
Bank has renewed making advances on stock, which
may Lad TO a resumption OF the active outward de-
msnd Of the precious metals. IL Is clear however,
that an early relaxation may be looked for The de-
nand has been moderate both az the Bank and "out
Of doors and at the discount houses rs.cass short
datsd paper has been easily negotiated under the
minimum bank rate. In the Stock Exchange the rate
on Government Securities ranges from 10 D: cent
according 10 periJd. The arrivals OF specie have been
large both from Australia several of the overdue
vessels having made their appearance, and the Kent
having arrived sith t249,OOo IN - days. and the
United States. The greater portion Of these supplies
has been presented and purchased at the Bank of
England, but considerable quantity has been taken
for the purpose of export 10 the Continent for the pur
Il. l..lr.o IL. N .ha and