28 OCTOBER 1871, Page 1
The Bank Directors on Thursday, to the surprise and disap-
pointment of all speculators, declined to lower their rate below fi per cent. As money is plentiful at 3f, the action of the Bank is much criticized ; but the Directors may foresee demands from France of which Lombard Street has not heard, demands only to be supplied by remittances of coin. Money is flowing to Germany, and M. Pouyer-Quertier is not sparing the Bank of France.