The Directors of the Bank of England have made no
further change in their minimum. price for money ; but, in Paris; they quotation has been advanced to 7 per cent. The return of the Bank of France is very unfavourable. It shows a decrease in the stock of bullion of 2,680,010/. The note circulation has ins= proved by 520,000/., and the statement exhibits an increase in the discounts of 2,480,0001. Although the supply of capital is large, the lowest quotation for the best short bills in Lombard Street is 6 per cent.
The Imperial Bank of Russia has ceased to issue foreign bills. A rumour has come to hand to the effect that the Bank of France is about to issue notes of 50f., or 21. each, by way of palliative to the existing pressure. The whole of the arrivals of bullion have been taken for export purposes, and the loss of stock in the Bank of England is 338,663/. The supply is now 13,460,765/.
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