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London Mail

   London Mail (Newspaper) - July 26, 1856, London, Middlesex                                JULY PRICE The rate of discount in Lombard street has been gradually declining since last until it has reached its present minimum of per for firstclass Bank of retaining the charge of per The banks in the city have been holding their usual and from the pre sented at it is clearly estimated that the amount de with and with the Bank of amounts tto little if not than large por tion of is of course in various profitable ways at the same demonstrating the certainty of a continued ease in the money and of a lower value for The importation of gold has again been little of has remained in this Sank of and the necessity of procuring silver to the Indian having taken off the bulk of the and at tlie same time causing a reduction of in the stock held by the This is comparatively of little The amount in the vaults of the Bank of have been undergoing a gra dual decrease for some months by an internal demand consequent upon the improvement which taken place iu the trade of that to meet which the Government have been compelled to extend the coinage to an immense coupled with a now so much gaining ground on the to substitute gold for sil ver as the medium of by increasing the gold in This together with large remittances in which have and are being made to in order to carry out certain government financial have rendered it advisable for the French Bank to buy gold now at a disadvantage of about threequarters per which they are in order to increase their Une balance of trade between England and India has been some years so greatly in favour of the latter that the ship ments of silver in the first six months of this double those made during the corresponding period of and that was far in excess of To meet this the gold as it reaches here is taken for the returned in the state of which finds its way to the East so 4hat in point of fact it would appear that London is now the recipient of specie from Australia and from which other countries requiring it is Ques tions have been asked in Parliament as to what Government doing with the Bank and upon its being stated that no interference is at present has been given that an inquiry will be moved for early It thought to be very problema tical how far any restriction may be placed upon its existing since if any made in the present cur rency it must be rather towards than other Except iu regard to the tlw Bank of England possesses if advantages over and with reference to the issue of its it is almost in a worse inasmuch as private are allowed to issue more than they now do upon in credit alone the Bank of England is confined to owing to it by the and two thirds of the amount of private notes withdrawn from cir since the passing of the and all above these sums is contingent upon the amount of specie actually in its That Government itself cannot do without a who will render occasional such as private in require at is evidenced by the last At the present moment the Chancellor of the Exchequer has heavy to meet the outstanding war of transports to bring back the and such the same time the dividends become due on the 12th the public deposits showed a decrease of and the Government Securities held by the Bank on increase of thus the public services have been carried on without the slightest derangement to the money or inconvenience to which must necessarily have resulted had the permitted issue of Exchequer Bills and Bonds been forced upon the Stock The accounts the two ending the 12th show the following changes to have taken place at the Bank of Increase Public Deposits Decrease Private Increase Government Increase Private Securities Decrease Notes Reserved Decrease Bullion Decrease These though call for no particular being entirely dependent upon the customary changes at the time dividends are The notes in circulation at the last return were and the stock of bullion was The Indus carries out iu for and of which are for for and tor Their is no mail for China by this The bar silver was chased at the former price of per and the recent arrivals did not any Six boxes of letters forwarded by the last steamer were detained in owing to an unruly and which will be transmitted to India by the present The funds have been steady at former though with comparatively little as is usually the case at this period of the A further instalment of part of thb new has been put in the Stock Exchange this the whole of which has been absorbed by anticipating and the reinvestment of dividends has made money stock rather Consols are 95J for and 95J for the Three per reduced 90 New three per cent 96J Bank 218 235 India 25 Exchequer 24 premium Exchequer Railway Shares are still sought and Central India are Enst India 5 per Extension 23J Extension 13 Ex tension Great Indian 22g 5 per Madras 4i per 212 5 per 23 per Scinde 5 per all the foregoing Madras Third Ex tension 5 per 2f Euphrates Ben i t and If premium Banks 105 Bank of 6 London Chartered Bank of 11 London and Eastern Banking New South 50 South 38 Union Bank of 71 and 9 per The London and Eastern Banking Corporation report that the profits during the after writing off bad and payment oi all amounted to or more than 10 per upon the but as two dividends equal ing six per had been already distributed to the share the directors which was agreed no dividend should be declared at but that the surplus of should be placed to the surplus which they were desirous should be gradually and steadily The assets and liabilities of the Bank from in had increased to in The undivided pro fit of the Union Bank of at the close of last month was out of which a dividend at the rate of per was declared for the with that previously 24 per the year the reserved fund was and the capital paid up The Directors of the Australian Agricultural Company have presented a special report to the sailed for in the on the 1st as general in the place of and it is proposed to apply to Parliament next for power to reduce the number of directors from twelve to exclusive of the governor and the deputy to authorize arrangements for facilitating the conveyance of land in the colony and to provide for the of the of the land sold among the A meeting of the Madras will be held on the to among other a proposition from the East India new and an ex tension of this particular period of the year the weather is most anxiously watched for the effect it may have upon Hitherto it has been very for ripening the in many heavy rains have and laid much of the It with few the whole may In some of the southern parts of not only has the wet destroyed the grain by but has seriously injured the potatoes also but collecting the whole of the reports it would appear that if no change for the worse take there will be though a late In the country as well us business has been extremely holders compelled to markets returns consumers are short At the various for ward has been leas each gave the total for the week ending 21st to quarters on the 19th The arrivals of foreign have been Throughout Europe rates rule very In the northern parts of France the crops promised but a very large speculative business had been for forward the buyers being from the and though the arrivals of foreign at Marseilles had been no reduction in price In some districts the new rye was so deficient that old was preferred and fears were entertained for the From the whole of and from the accounts are most the yield of wheat upon the most favourable cannot be less than below an if it be not even less than while the harvests of Indian corn will turn out iu a worse The market both here and at Liverpool has been very and though holders have been offering their stocks they refuse to make any concession in and remain unchanged which manu are compelled to pay when they require to purchase exporters have been buying particularly The stock of all descriptions at Liverpool is which is iu excess over last year but the stock of Ameri can is bales leaving that of other sorts bales The average weekly consumption this year has been against bales in At very little business has been the only change has been an improvement in the demand for at firm which it is expected will from the scarcity of the stock on and the amount of orders in the hands of manufacturers yet to be Some failures have taken it would to specula tive transactions iu two by an admixture of have drawn five others down with The of the two are and their assets No further mischief has yet come to light neither do the stop pages to have effected the generally healthy state of The sales commenced on the 18th and are expected to finish about the 2Sth The arrivals which could be got ready for sale amount to of which it was estimated that only would be and this has been already reduced by the unwillingness of the importers to submit the reduction established on the 1st At the the attendance of the buyers was who mani some anxiety as to the and as they held some what a considerable stock upon the dull market which has prevailed since the previous they forced a fall of to per upon former English wools have realized prices at the country fairs and higher than what are current for yarns would and the spinners are placed in the unsatisfactory position that it is less loss to stop the machinery as the margin for combing and spinning is so small that many at present are totally and many are working short Produce has exhibited little worthy of The demand for consumption has been as it has been also for particularly of the staple articles for in which kingdom it is evident that the stocks of staple articles are exceedingly Speculators have acted and holders being very and without any monetary pres prices have not materially As might be the rapid advance iu sugar suffered a and prices declined to per for all the full being more visible upon the lower This has since betn fully owing chiefly to a large reduction being made in the import duty into and the result of the Dutch sales which went off at high the market closing yesterday very The surplus of the stock here is now being drawn and as the heaviest season for consumption is coming with the hulk of the crop having it is expected that in the course of a few months the quantity here will be not more than equal to what it was in Rum has been in good demand for shipping fine qualities of West India becoming greater attention is attracted towards the lower East India proof is current at per Coffee is very and in good the Russians have been operating here taking off the fine pea berry at high prices good native Ceylon realizes to per The stock of Rice is still heavy and the lower qualities of Madras and Mauritius have been in request at full rates Bengal and the better sorts difficult of Great complaints are and importers are seriously injured by the careless manner in which that from Moulmein is Saltpetre in demand at full The sales of Indigo were brought to a rapid and unsatisfactory termination of the chests adver only 4349 were the current rate of prices were lower for fine and par to cheaper for other than was realized at the May The mail steamship Atlantic has bringing dollars in The to Admit Kansas as a free state had passed the Washington correspond ents preparations are making to reopen the British Em bassy The merchants of Philadelphia have appointed a committee to prepare an address in reply to the Manchester peace Fremont ratification meetings are being held throughout the and are apparently It is stated that Sumner is and that he can never fully recover from the effects of the outrage perpetrated on him by the ruffian The Committee of Investiga tion appointed by the House of Representatives have pre sented their which is a and exhaustive It substantiates all that has been said respecting the deeds of violence perpetrated by the proslavery in the territory of The Montreal ocean has arrived with advices from Montreal and Quebec to the 3rd The jury on the explosion of the steam ferryboat to the Grand Trunk at by about 38 persons were returned a verdict to the effect that the explosion wiis caused the negligence of the and added that the history of the of boat presented from first to last a series nf and of tne public the utmost In order to mark their sense of the culpable neglect of the Grand Trunk Railway in so grievously neglecting the necessary cautions for tile safety of its passengers and after the repeated the jury ordered that a deodand of be levied on the assuming that to be her The inhabitants of Montreal had subscribed the munificent sum of 8s for defraying the expenses incurred in tlie reception and en of the 39th arrived from the Preparations were also made to give an Enthusiastic reception to the 17th expected in her ship Vul From all parts of the Canadian provinces but one report prevails regarding the condition of the Wheat probably never bid fairer for a universal good crop than now the however it may be against Indian has ust been right for and Although Indian corn is it may still make it up in July and which are the great months for perfecting this great staple of the American It is considered certain that a great Russian expedition will be undertaken in the Caucasus iu the as the cers and engineers are busily employed in surveying the different That part of the plan of operations which relates to tlie construction of fortifications and strongholds is to be intrusted to General The it would has at last nominated the diplo who are to represent his the Courts of his former Minister of the will be appointed Ambassador to Paris Count is to be Minister Plenipotentiary to London and Count will fill a similar situation at SUNDAY at half past fire the Empress was delivered of a At 8 oclock a salvo of guns announced the birth of the A Te Deum was chanted at 11 The Princess was baptized today at Numerous amnesties are officially and many political offences are JULY Governor of Narni was assassinated in that town early on the morning of the 2nd He had been spending the evening at a friends playing at and was returning home with his brother about an after he met at the corner of a street by a man armed with a who discharged it point blank at and lodged the contents iu his abdomen and No help was to be obtained at that so that the dying man was carried home with difficulty by his and expired soon This Governor had been only a few months at where he had rendered himself I obnoxious to the people by his oppressive conduct the j violence of his political OF select committee of the House of Commons on the arbitration of disputes between masters and operatives have reported to tlie house upon the question of their together with the and ordered it to be Several of the members of the committee favourable to the cause were absent at last still they agreed to a report in favour of establishing courts of conciliation in this composed of an equal number of masters and STABBING BY A young named Alfred Scott was charged at the police with stabbing one of the scavengers employed by the corpo The occurrence took place at four oclock in the near the where several of the scavengers were busy at their The prisoner had drinking over and was armed with a On coming to the place where the men were without any reason assigned for the he thrust the weapon into the roans groin to the extent of four The other scavengers raised an and a policeman being at the prisoner was speedily secured with the sword stick still in his pos session stained with the surgeon to the police who attended the wounded stated that he at present to say wound was dan gerous or The poor man could not and the prisoner was consequently Bail was but distinguished who for nearly thirty years has been connected with the Royal College of aa Conservator of the Hunterian Museum and Professor of Comparative has just resigned his to enter on the duties at the British as superintendent of the Natural History A numerously attended meeting of noblemen and gentlemen was held on the 4th of July at Georges Hyde for the purpose of adopting means to evince their admiration of Miss Nightingale in her con duct in the The Duke of Cambridge supported by the Marquis of Lord Powis Lord Lord Lord Admiral the Hon Sir Benjamin api many other members of the His Royal in opening the alluded to the heroism Miss Nightingale had not sacrificing every domestic comfort by proceeding to the but also in her conduct towards every ope who came under her notice the and received the same kind attention ather Site was loved by and and her name would long be to the ad of civilised Viscount Chelsea then moved a Miss Nightingale Be elected au honorary governor Georges The Marquis of Westminister seconded f ho was carried by A vote oP thanks to the Duke of Cambridge closed tlie OF no by their fast iri the at the gates of tlie parish It turned out tobe true One of the John had charged with am offence not we by unless accompanied by disorderly Petty could not pay the and consequently to sit six hours in the Hie other gazing stock was an Irish youth named Jonn who had been apprehended for Sunday gambling in Charles He was ordered to have three hours confine Both sentences were strictly carried and the now so Attracted thousands of During the dinner hour the number mill workers who viewed the sight was Their amuse ment seemed to be and the jokes they passed at the expense of the imprisoned ones were some of thorn if rudely We regret much to announce the the Right George which took place on 6lrl at bis residence in Old He held of Cursitor Baron of the and in Parliament for several In Lord Derbys government Bankes held the office of Judge Advocate The Advertiser believe we are correct in stating that the first intimation that the Bishop of Durham had of Lord intention to introduce a immediately to resign his see was the report of his lordships answer to appeared in the newspapers of Tuesday We suppose adds the Times it never would have occurred to the Bishop to A return moved for by Sir De Lacy shows total number of the metropolitan police is of whom the average number on day duty is and on night duty During the last five years men were resigned and in the same period 264 men of the force were charged with offences at the Police of whom 68 were convicted and 196 A singular case of a distressed curate was brought to light last The James vicar of appeared as defendant in the Woodstock County on a judgment summons for when in the course of the hearing the following facts were Defendant stated that since the order to pay per month was made in November his family had subsisted chiefly on the charitable contributions of friends that his living was under sequestration that he had no means whatever to pay that although he had done his own duty fdr three he had not been allowed any stipend to subsist except from the 3rd of October to the 3rd of January at the rate of per but that the Bishops secretary would not pay it that he had expostulated with the Bishop of Oxford in stating what was the that his a French lady of had been for months without a house hold with her to do all the domestic work that all he had regularly to subsist except occasional was per of which was always deducted for The order of payment was altered from to per Disturbances took place at Dantz on the 30th of Tin chief magistrate had convoked the members of the various trade at different for the purpose of communicating to them some alterations in the statutes of the mutual benefit Some of the trades exhibited considerable irritation at the proposed They col in crowds before the and the police finding it impossible to persuade them to a company of in fantry and a squadron of Hussars were sent and aoon cleared the streets without  

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