The present week's return of the Bank of England shows
extra- ordinary changes. The decrease in bullion is 832,3351., whilst the increase in private securities amounts to 10,099,042/. The cir- culation has increased 3,776,600/. Private deposits have improved 5,105,1351., but the reserve—notes and ooin—has deelined4,608,235/. The latter is now reduced to 1,202,810e, and the notes alone to 730,8301., so that as yet the provisions of the Bank Act are an- infringed.