The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1858-01-25

B.
Public deposits. l9o,eel Decrease. 8sSs os:
o oa deposits az IDe;ssss 7Sss
On the other Side Of the accoun.:-
Government securities Ell 765 800 Increase f2,S sls
Notes unempioyed 7,osspsO Increase i,o23 aa5
The amount of notes in circulation is f9 400 COS, being
a. increase Of fls3 4SS and the stock OF bullion ~ no.n
.S2, v hen compared with the preceding return
70 lowing the official return OF the imports and ex
ports Of the precious metals for the week ending the 9th
Of 'an0~S'i Imports. Exports
Gold FL $ss sss Sold Sold; s sas s sss
Total. 1915 Total, ;ssi4, sos
sns spsSs gold and
Gnrtber amount Is expec led to be sent.
The report Of the Bank so9 wales sass ,hs
available balance 70 be Ca out Of which dividend
recommended at the rate o. ~ per cen. PER snn na
leaving asso2 70 be added % Go te be carried forward
The Oliver Cromwell and the SPECIFY left sydney Tor
london respectively the 2sh Of Oct ber and me LIST or
November. The former took 500 e~eSns, tne asr
only II ounces Of gold and 500 sovereigns.
The Uncn Bank and the Commercial ha we lssueo "a
amended notice. that their rate Of allowance On new oe
In the affairs Of Messrs Wienhot, Wehner CO. WHOSE
meeting took place yesterday hope expressed w IN
assets including these in India, being estimated to
that amount.
day the soppage of Cspperton Fnday Co. of Glasgow,
states sef TO have been In the firm thai has sus
pended being William Clapperton Co.
Tho Stock Exchange Committee have appointed Monday,
the 18TH special settling day In the shares Of the Indus
Steam Flolls (scnde Railway which are TO be marked
Letters from Australia day reveal extensive fraud,
which is feared will meet with further before
its perpetrators be arrested. The Australian Joint
CfnrE Of Suhn Inv mi
purportng TO be addressed TO them from London by
Nessrs Barring brothers Co.. nominating the bank their
agents at Sydney and requesting credit for ELS 900 or
go 900 be opened in favor Of Mr. francesca Antonio
di Miranda for whom the mail brought several let
at Sydney at the time, and duly awaited himself OF
the credit drawing 10000 and giving the bank bills
Barings for the amount The whole operation was
fraud. Messrs Boring have never addressed any letter
TO the Australian Bank at Sydney, and that which the
bank received must have been sent by accompce
Of Mrandas in London. Evidently therefore, delibe
rate and long prepared scheme is on foot which will be
further carried out at other places. 1t appears by the
present advces that Miranda who is assumed TO be ma
tive OF Portugal stated his intention OF proceeding from
sydney to Macao and Hong Kong, whence he would re-
turn to London and Lisbon.
The railway market declined after the opening but later
in the day rally took place, and in some the clos
ing quotations show fractional Improvement American
securities steady Illinois Central were, however,
fiat and closed at discount,
The traffic of railways in the United Kingdom,
published for the week ending January 2, amounted to
f3e 50r and for the corresponding week of 1857 f403
O74 showing decrease of SOL The gross receipts
the eight railways having their termin in the metropolis
amounted for the week ending above to f167 07 and
for the corresponding week Of last clos show
ing an increase Of 81 ,1C9.
From the Liverpool Times (Cty Article) Jan. 81
The Bank OF England yesterday reduced the minimum
rate of discount from To per cent at which it
manned since the Oath of December and expected that
within very short period further reduction to per
cent may be looked for This step anticipated by the
commercial world owing TO the enormous sums sent IN
70 the bank for the past few weeks and the continued
large arrivals Of gold both from the United States and
Australia From the latter colony there Is fully mil
lion sterling aoat The bullion held Is believed 10 be
between and two millions in excess OF the total in
May, 1856, when the rate reduced from to per
and nearly not quite equal TO the amount attained
in the following month, when a further reduction
took place to AZ. The demand for money has been
dull, Notwithstanding the occurrence Of the 4th
o. the mon,h when engagements mus, be met,
10 have been very heavy. The engagements
however, appear TO have been well met and pr
felt In tho discount market good short dated paper
is readily discounted at six per cent where large trans
actions have taken place the rate has been So per cent
On all sides holders complain of the difficulty Of finding
suitable investment for capital On the stock Exchange
loans government securities readily obainable at
three per cent The market has been slightly Af-
fected by statement, that bill TO authorize the
Fast India Company 10 raSe loan OF six or eight millions
VIII be proposed immediately upon the assembling Of Par
Lament.
The discount houses have reduced their rates Of allow.
for money call from 6k 10 ~ per cent The Lon
don and Westminster Bank have fixed four per cent for
all sums Of $500 and and three per cent for les
ser amounts The London JOINT Stock Bank have also
fixed four per cent The Is the with the London
and County regards all fresh deposits. The Union
Commercial City, and Bank Of London all allow five per
cent
and almost the whole has been sent 10 the bank there
being few buyers In the open market In silver the ope-
raions have been limited Bar silver has been sold q
wait further advccs before operating Both bar silver
and dollars freely offered at present quotations II Is
probable the reduction in the value of money will bring
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