ENGLAND.

Press, Volume VII, Issue 804, 29 May 1865, Page 2

ENGLAND.

[From the JBamomut, March 25.3 ~ XHB STATE OJ? THE HOSTS? XABXBT. The Bank return is this -week singularly favourable. 9?he fiabuftiM-ofjthe Banking Department are — Public deposito ... ... £10,198,989 Prirate ditto 13,551,794 Seren day bills 455,896 £24^06,179 and the reserve of notes and coin is 10j385,141— figures which might have warranted an immediate redoetkm, and which: make a speedy reduction quite, "osstaui. ,^. . • - - » HKe scarcity of bills, which ie the inevitable accomtpaniment of a diminished trade, .will certainly for the jjiiext lew weeks depress the ralue of money. It seeme almost certain t£at the Bank will lover its rate to 4 per cent, next week, and in the existing stagnation of commerce, it ie" dubious whether that reduction will bo final, and whether a farther fell may not be looked for. Boisd ov Tbade Kktub2ts.—The Board of Trade. Befcarnsibr the first month of the present year have latisngth made their appearance. Contrasted with the corresponding month of test: year the declared -vahw of oar exportationa shows great uniformity, £k total being £10,489,339, against £10,413,686 ; I . witii January, 1863, there is an- in«nase of aboot 80 per cent. The figure* of the | cotton sim Oar steadinees as respects this year our total exporte of manufactured 1 goods for the month basing*been £3,025,592, or; :jabont7 per cent, mbpre tiweeof January, 1»54, both I p nfanand Of cotton yarns our ship-j were abom. 17 per oent. lees in yaloe, but onfy j aiboot i jier oent. less in quantity. 'Of woollen j jgoods our smpments were lS|l>er oent. below those iof tijiejaine afcontt last year, but linen inanufactores mcneae of 80 percent. Hardwares, Jafidisnepir «n in crease of more than 20 per cent, bat iron tbere has been a falling off of, •bc»*Bper cent A* regards imports, the cotton arrmb ware ewt (of which one-third was we3sgJjrt)it;aMiMfrßl,639 cwt in Jannarr, 1864, «wbm and Hour woreonrraboat srarterof thosv in the January of the two m*-i

The following paragraph in Messrs Stables , circular, of March. 15, relates to this colony: — New Zealand—Nine vessels have cleared for this colony direct, of which two are for Auckland, value £51,102 ; and one for Otago, value £32,385. The gross value for the month is £111,952 against £78,628 in January and February, showing an increase of £33,324. The Ulcoats, for this colony, took one £3000 of silver coin. Messrs Eucker, Offor, and Co'e London Freight Circular reports :— A reaction has taken place in freights to the colonies, and vessels for Xew Zealand are not worth over 50s to 55s per register ton, to come under the Passenger Act, and 45s to 50a without that requirement ; for Australia the current rate is about 6s per ton below those quoted for New Zealand.