The return of the Bank of England for the week
ending January 3 is very unfavourable, and the Directors of the• estab- lishment have in consequence further advanced. their minimum rate of discount to 8 per cent. This statement, as compared with its predecessor, shows an increase of 2,224,373/. in privet: securities ; an augmentation of 1,357,706/. in the circulation of notes, a diminution of 1,511,519/. in the reserve of notes and coin, and of 296,9191. in the stock of bullion. The latter is now 13,106,1831., and the reserve, 5,979,718/.