London Mail (Newspaper) - June 10, 1857, London, Middlesex JUNE 185 IT is considered not to be improbable but that the Directors of the Bank of England may make a reduction in the rate of is now the same that it has been for some time but with a greater supply of The arrivals of specie have been most unprecedentedly amounting to nearly a million and threequarters in the last week besides this other vessels from with upward of six hundred thousand pounds on are close at Considerable amounts of dollars are coming from New and intelligence that the next Mexican packet will have beyond two millions of dollars has been The increase cf Gold in the Bank of France during the past month is understood to be one million two hundred thousand pounds ster and so great is the demand for Treasury Bills in Paris for the investment of surplus that it is reported the French Government intend to reduce the interest payable upon The Chancellor of the is able to pay the for the redemption of the Sound Dues out of increased revenue and reduced without raising money in tbe market from the discount to which the Exchequer Bills falling due this present month have he will be compelled to draw upon the public de posits to meet the demands of some of the can readily be as the amount under that on the 30th was which sum will be largely increased before the July dividends become At that date the position of the Bank itself was better than it has been for some time Notes in Circulation Public Private ditto Government securities Private ditto Notes Much of the gold which has come in has gone to the while a part of the dollars have been retained for that the last item will be steadily augmented for some weeks to The great drawbacks are the continued and in creasing requirement of silver for the The present mail has on board the it is will take out nearly a The more recent accounts of the production of silk are not so and an apprehension seems to gain strength that the total will be deficient for the ordinary Europe is very bare of grain little has come to this it having been intercepted at foreign at importations to England show a loss when prices are compared with those current at the places of These two last circumstances cause a slight reaction in the course of general improvement so with mone tary affairs as they are now in this it is not thought likely should any it will be or permanent in its The returns for the Bank of England for the the two weeks are as follows fund of A new charter has heen in which tho clause in the formor one prohibiting advances being made upon land has been modified to the extent of allowing it to be as a col lateral security against overdue After the experience of the Royal Bank and the London and Eastern Banking the prohibition would seem to have been as both these establishments sunk upon this very The is about to prosecute the directors and some of the officials of the In the Waugh is prevented from coming to England by ill and conse has not yet surrendered to the fiat of bankruptcy issued against him at the instance of some of his private The Soutli Australian Banking Company are about to increase their capital from to It is thought probable that the East India Company will guarantee a rate of interest to the Company who are about to connect the and Scinde Railways by means of to ply on the Consols Three per Reduced New Two andaHalf per New Exchequer Bonds Bank India India Bonds Exchequer Northern and Central India Calcutta and Ceylon B East C Euphrates Great Indian Peninsula New Five per Madras Four andaHalf per Five per per Third Extension Iivo per Fourth Extension ditto North of India Tramroad Scinde Five per Bank of Egypt Chartered Bank of Chin and Australian London Chartered Bank of New Circulation Public Deposits Private Deposits Government Securities Private Securities Notes Reserved Bullion New South Wales Oriental Banking Corporation Ottoman Bank Union Bank of Australia New Australasian Agricultural English and Australasian Smelting North British Australian Oriental Gas New Shares Scottish Australasian South Australian Land 93J 94 94J 92J 211 213 222 224 n J 108 109 J 20 19 21 2H 9J10 89 90 lOf 17i 9J 17t 17J 17i 17J 17 17 J 47 49 39 40 15i 55 57 6 7 H i 3436 short time movement having been pretty generally adopted in the manufacturing and the season having interfered also with stocks of goods have considerably and as the advices from India been as well as from the southern parts of the demand at Manchester has been brisk at advanced Both the raw material and the manufactured arti cles look PRODUCE has been active during the past and soine large sales have taken place in most which declined fully per after the departure of the last with rather anxious has again and the greater part of the reduction lias since been There is now just as much readiness to purchase as there was a disposition to sell The deficiency of the stock rather standing arrivals to a fair extent have come while the consumption has not been checked by the high rates current at The bad ac counts from Cuba are the crop in that island will not be more than of the ordinary COFFEE has improved to per for clean and coloury sorts the stock of this article also is not RICE has been in with a large business both for consumption and a rise of quite per has been after having been inquired has become flat several parcels have been sent here from THE Her Majesty held a the first of the on Saturday There was a very large and brilliant and the presenta tions were very The Queen wore a train of black silk trimmed with black crape and bouquets of black The petticoat black crape over black trimmed with bouquets of black Her Majesty wore a diadem of black jet with black The Princess Royal wore a train of rch white tastefully trimmed with white crape and The petticoat white trimmed to correspond with the Her Royal Highness had round her head a wreath of white The ornaments were pearls and i The present steamer has on board 29I in and in Of the former are for for for for for Sm eanore for and tor of the gold are or for and for ine bar silver has been purchased at per Since the heavy Consol account was closed on the the Funds have been much firmer and more for the time at least being almost the Bank of England have granted loans upon the security of stock during the closing of the transfer which has improved the tone of the beyond great have presented no feature of The directors of the Bank of Australasia will pay a dividend of per with a bonus of per for the ending April equal to the rate of 20 per per This has been accomplished vux ing due allowance for losses and without trenching upon rise of per quarter has taken place in the value of show no inclination to purchase more than their immedi ate wants The supplies from the farmers have been and it is thought doubtful if they really hold any large quantity of the imports of Foreign have been com other European nations offering better prices than can be obtained and from various causes those countries from which the greater part of the ordinary receipts have been usually derived have little to spare The weather continues to be all that could be and the forthcoming as far as can be judged at this early promises to be abun The accounts from the Continent are simi larly favourable for the next harvest while in America mischief has been done in certain dis In the State of singular as it may the people are almost starving for want of markets have been dull and much to the The latest letters from the United States bringing higher prices has given a great and within the present week a good business has been transacted here and at Liverpool at fully speculators THE ROYAL BRITISH Advertisements and placards have been issued offering a reward of for the apprehension of Humphrey late for who is alleged to be endeavouring to avoid arrest from an ex officio information filed by Her in connexion with the affairs of the Royal British In reference to the the Observer of Sunday last contains the following of a reward of for the appre hension of Humphrey Brown is the first public evidence which has been afforded of the intention of the to bring to justice the managers and directors of the late Royal British For some time past most energetic mea sures had been in contemplation by the Govern but for obvious reasons it was not deemed prudent to give publicity to the course which was under On Tuesday Bench warrants were issued by the Court of Queens Bench on informations tiled by the Attor not merely for the apprehension of but for the late the a number of directors of the have been already In the case of the first director cap bail was and by direction of Justice Erie the prisoner was liberated on his own recognisances of and two sureties of A similar bail it is be accepted in the case of the other Two or three of the persons at present in Paris if not already in the hands of the at least so completely under their that escape is altogether With respect to the late manager of the there is reason to believe if he has not already he will shortly be arrested at by the French on a charge of tra velling with a false and when that charge is disposed of he will of course be available for the warrant issued by the Queens For examined in the Court of have been closely watched by Inspector Field and his staff of and every change of and especially those made after the delivery of the very strong opinion expressed by Commissioner have been very carefully noted and The prosecution will be conducted by the assisted by Edwin and so great has been the despatch in the preparation and getting up of the that the whole of the occupying many Hundred pages of printed have for some days past been ready for The indictments it is exceed iu length those of the famous Irish State Linklater and Hack the able solicitors of the assignees will act as solicitors for the There is reason to believe that the activity and zeal of Inspector Field will result iu the appre hension of the whole of the persons in the course of a very few Several of his assistants are already on the and it is rumoured a telegraphic despatch has been stating that two captures have been effected in COURT OF IN BE COLONEL for the late a director of the Eastern Banking applied for an enlargement of time for his and put in a letter from dated stating that under the circumstances in which her husband was he was suffering very severely from ill and intimating a hope that some and an improved state of his might admit of his appearance on a future day also an affida vit from of that Colonel Waugh was seriously ill when he last saw about six weeks since and from information subsequently that continued seriously and was not iu a fit state to undergo an examination in this for the without directly opposing the called the attention of the Court the circumstances of the nel Waugh was very largely iu the rapi dity with which he left at all compatible with the very They had not even the evidence of his own oath that he was ignorant of the proceedings under his If he had sworn that he had no knowledge of his bankruptcy at the time he left the that lie had since been and that he intended to come the Court would pro be inclined to accede to the was not affirmed and even the affidavit of the medical as now showed that he had not seen Colonel Waugh for six If the Court enlarged the time for surrender it would intimate its opinion that uo further enlargement would be except upon filing affidavits of the most satisfactory The any good is to be got by refusing the I will refuse Linklater feared that evil rather than good might at present result from so decided a The will enlarge the time for surrender to the 30th of this month There is no affidavit from the bankrupt and the medical certificate is very Lawrance asked that certain papers belong ing to taken possession of the assignees at might be given The assignees must act in the matter on their own judgment and I cannot make any The time for surrender was then enlarged to 30th some weeks past every one of the persons con the and who were tnd the of an institution needed in the British service was laid at It was that of a Cavalry near Richmond and a brilliant assembly assisted at the ce REGULATIONS FOR complaints are usually made in the season of the annoyance caused at the seaside by the exposure of the sons of A has been brought into the House of Lords by the Marquis of Westmeath to redress this It empowers of magistrates in any or borough to any reasonable regulations and bylaws for the prevention of the exposure of the nude persons of including the power to compel such bathers to wear a garment suitable to prevent any such indecent The pe for every offence will be and with the alternative of imprisonment in with or without hard for six calendar