April 5.
Oct. 10.
Jan. 5.
July 5.
-3 July 5.

3 per Cent. New A anuit.-Tues. Thurs, and Sat.
3 per Cent. 1751.-Tues. and Thurs.
At the East India House.

Jan. 5.

July 5.

India Stock.-Tues. Thurs, and Sat.
Interest on India Bonds, due

Jan. 5. Juis 5. Mar. 31.

Sept. 30.

Life Annuit., if transferred between Jan. 5. and Jan. 5.
April 4., or between July 5. and Oct. 9.
Tickets for preparing transfer of stock must be given in at each office before one o'clock at the East India House, before two
o'clock. Private transfers may be made at other times than as above, the books not being shut, by paying, at the Bank and
India House, 2s. tid. extra for each transfer; at the South Sea House, 3. 6d.

Transfer at the Bank inust be made by half-past two o'clock: at the India House, by three: at the South Sea House, by two.
Expense of transfer in Bank Stock, for 251. and under, 9.; above that sum, 12s.

India Stock for 10........ 17. 10.

... 14. 148. .......128.

Powers of attorney for the sale or transfer of stock to be left at the Bank, &c. for examination, one day before they can be acted upon; if for receiving dividends, they may be left at any time.

The expense of a power of attorney is 1. 1s. 6d. for each stock; but for Bank, India, and South Sea stock, 17. 11. 6d. If wanted for the same day, half-past twelve o'clock is the latest time for receiving orders. The boxes for receiving powers of attorney for sale close at two.

Probates of wills, letters of administration, and other proofs of decease, must be left at the Bank, &c. for registration, from two to three clear days, exclusive of holidays.

Stock cannot be added to any account (whether single or joint) in which the decease of the individual, or one or more of a joint party, has taken place; and the decease to be proved as soon as practicable. Powers of attorney, in case of the death of the party or parties granting them, become void. The unaltered possession of 3004. or upwards Bank stock, for six months clear, gives the proprietor a vote.

Branch Banks of the Bank of England.. -The Bank of England, as already observed, has within these few years established branch banks at several of the most considerable towns throughout the country. The mode and terms of conducting business at these establishments have been described as follows: -

"The branch bank at Swansea (and the same is true of those established in other places) is to be a secure place of deposit for persons having occasion to make use of a bank for that purpose; such persons are said to have drawing accounts: to facilitate to the mercantile and trading classes the obtaining discounts of good and unexceptionable bills, founded upon real transactions, two approved names being required upon every bill or note discounted; these are called discount accounts. The applications of parties who desire to open discount accounts at the branch are forwarded to the parent establishment for approval, and an answer is generally received in about ten days. When approved, good bills may be discounted at the branch without reference to London. Bills payable at Swansea, London, or any other place where a branch is established, are discounted under this regulation. The dividends on any of the public funds, which are payable at the Bank of England, may be received at the branch, by persons who have opened drawing accounts,' after signing powers of attorney for that purpose, which the branch will procure from London. No charge is made in this case, except the expense of the power of attorney and the postages incurred in transmitting it. Purchases and sales of every description of government securities are effected by the branch at a charge corresponding to that made by the local bankers where the branch is situated. A commission, including brokerage in London, and all expenses of postage, is charged on paying at the Bank of England bills accepted by persons having drawing accounts at Swansea, such bills to be advised by the branch; also for granting letters of credit on London, or on the other branches. The branch grants bills on London, payable at seven days' date, without acceptance, for sums of 104, and upwards. Persons having drawing accounts at Swansea may order money to be paid at the Bank in London to their credit at Swansea, and vice versâ, at a charge of 6d. in lieu of postage. The branch may be called upon to change any notes issued and dated at Swansea; but they do not change the notes of the Bank in London, nor receive them in payment, unless as a matter of courtesy where the parties are known. Bank post bills, which are accepted and due, are received at the branch from parties having drawing accounts, and taken to account without any charge for postage; but unaccepted bank post bills, which must be sent to London, are subject to the charge of postage, and taken to account when due. No interest is allowed on deposits. No advance is made by the branch upon any description of landed or other property, nor is any account allowed to be overdrawn. The notes are the same as those issued by the parent establishment, except being dated Swansea, and made payable there and in London. No note issued exceeds the sum of 500l., and none are for a less amount than 51."

The following clauses of the act 3 & 4 Will. 4. c. 98. are still in force.

No Banking Company of more than 6 Persons to issue Notes payable on Demand within London or 65 Miles thereof. That during the continuance of the said privilege, no body politic or corporate, and no society or company, or persons united or to be united in covenants or partnerships, exceeding 6 persons, shall make or issue in London, or within 65 miles thereof, any bill of exchange or promissory note, or engagement for the payment of money on demand, or upon which any person holding the same may obtain payment ou deinand: provided always, that nothing herein or in the said act of the 7 Geo. 4. c. 46. contained shall be construed to prevent any body politic or corporate, or any society or company.

or incorporated company or corporation, or co-partnership, carrying on and transacting banking business at any greater distance than 65 miles from London, and not having any house of business or establishment as bankers in London, or within 65 miles thereof, (except as hereinafter mentioned,) to make and issue their bills and notes, payable on demand or otherwise, at the place at which the same shall be issued being more than 65 miles from London, and also in London, and to have an agent or agents in London, or at any other place at which such bills or notes shall be made payable, for the purpose of payment only, but no such bill or note shall be for any sum less than 57., or be re-issued in London, or within 65 miles thereof. - §2.

Companies or Partnerships may carry on Banking in London, or within 65 Miles thereof. — And whereas the intention of this act is, that the Bank of England should, during the period stated in this act (subject nevertheless to such redemption as is described in this act), continue to hold and enjoy all the exclusive privileges of banking given by the act 39 & 40 Geo. 3. c. 28. as regulated by the act 7 Geo. 4. c. 46., or any prior or subsequent act.or acts of parliament, but no other or further exclusive privilege of banking: and whereas doubts have arisen as to the construction of the said acts, and as to the extent of such exclusive privilege; and it is expedient that all such doubts should be removed, be it therefore declared and enacted, that any body politic or corporate, or society, or company, or partnership, although consisting of more than 6 persons, may carry on the trade or business of banking in London, or within 65 miles thereof, provided that such body politic or corporate, or society, or company, or partnership, do pot borrow, owe, or take up in England any sum or sums of money on their bills or notes payable on demand, or at any less time than 6 months from the borrowing thereof, during the continuance of the privileges granted by this act to the said Governor and Company of the Bank of England. -§3. But this last condition is repealed by the 7 & 8 Vict. c. 32. § 26.

All Bank of England Notes payable on Demand issued out of London payable at the Place where issued, &c. From and after the 1st of August, 1834, all promissory notes payable on demand of the Governor and Company of the Bank of England issued at any place in England out of London, where the trade and business of banking shall be carried on for and on behalf of the said Governor and Company, shall be made payable at the place where such promissory notes shall be issued; and it shall not be lawful for the said Governor and Company, or any committee, agent, cashier, officer, or servant of the same to issue at any place out of London any promissory note payable on demand not made payable at the place where the same shall be issued, any thing in the said act 7 Geo. 4. c. 46. to the contrary notwithstanding.-$4.

Bank Notes to be legal Tender, except at the Bank and Branch Banks. - From and after the 1st of August, 18314, unless and until parliament shall otherwise direct, a tender of a note or notes of the Governor and Company of the Bank of England, expressed to be payable to bearer on demand, shall be a legal tender to the amount expressed in such note or notes, and shall be taken to be valid as a tender to such amount for all sums above 57. on all occasions on which any tender of money may be legally made, so long as the Bank of England shall continue to pay on demand their said notes in legal coin: provided always, that no such note or notes shall be deemed a legal tender of payment by the Governor and Company of the Bank of England, or any branch bank of the said Governor and Company; but the said Governor and Company are not to become liable or be required to pay and satisfy, at any branch bank of the said Governor and Company, any note or notes of the said Governor and Company not made specially payable at such branch bank; but the said Governor and Company shall be liable to pay and satisfy at the Bank of England in London all notes of the said Governor and Company, or of any branch thereof -$6. Bills not having more than 3 months to run not subject to Usury Laws.- No bill of exchange or promissory note made payable at or within 3 months after the date thereof, or not having more than 3 months to run, shall, by reason of any interest taken thereon or secured thereby, or any agreement to pay or receive or allow interest in discounting, negotiating, or transferring the same, be void; nor shall the liability of any party to any bill of exchange or promissory note be effected by reason of any statute or law in force for the prevention of usury; nor shall any person or persons drawing, accepting, indorsing, or signing any such bill or note, or lending or advancing any money, or taking more than the present rate of legal interest in Great Britain and Ireland respectively for the loan of money on any such bill or note, be subject to any penalties under any statute or law relating to usury, or any other penalty or forfeiture; any thing in any law or statute relating to usury in any part of the United Kingdom to the contrary notwithstanding.-$7.

Clause 10 authorized the proprietors, if they saw fit, to reduce the Bank capital from 14,553,000l. to 10,914,750. but this clause has not been acted upon.

Tables exhibiting a view of the Circulation, Deposit, Profits, &c. of the Bank of England. No. I.-An Account of the Average Market Price of Bullion in each Year, from 1800 to 1821 (taken from Official Documents); of the Average Value per Cent. of the Currency, estimated by the Market Price of Gold for the same Period; and of the Average Depreciation per Cent.

No. II. An Account of the Profits of the Bank of England, in the Year ending the 29th of February, 1832; stating the Description of the Securities held by the Bank, and the Sources from which the said Profits have accrued. (No. 15. Appen. to Report.)

Interest on private loans

15,075

Profit on bullion, commission, rent, receipts on discounted bills unpaid, management of the business of the
Banks of Ireland, of Scotland, and Royal Bank of Scotland, and sundry itemis

56,941

71,859

£1,689,176

H

No. III. The following is an Account of all Distributions made by the Bank of England amongst the Proprietors of Bank Stock, whether by Money Payments, Transfer of 5 per Cent. Annuities, or otherwise, under the Heads of Bonus, Increase of Dividend, and Increase of Capital, betwixt the 25th ot February, 1797, and 31st of March, 1832, in addition to the ordinary Annual Dividend of 7 per Cent. on the Capital Stock of that Corporation, existing in 1797, including therein the whole Dividend paid since June 1816, on their increased Capital; stating the Period when such Distributions were made, and the Aggregate Amount of the Whole. -(Appen. No. 29.)

7 years

In June, 1799: 101. per cent. bonus in 5 per cents. 1797, on 11,642,400l. is
May, 1801:51. per cent. ditto, in Navy 5 per cents, ditto
November, 1802: 21. 108. per cent. ditto, ditto, ditto.
October, 1804: 54. per cent. ditto, cash, ditto
October, 1805: 54. per cent. ditto, ditto, ditto
October, 1806: 51. per cent. ditto, ditto, ditto
From April, 1807, to Oct. {
1822, both inclusive
From April, 1823, to Oct.
1829, both inclusive
In June, 1816
From Oct. 1816, to Oct.
1822, both inclusive
From April, 1823, to Oct.
1831, both inclusive

1,164,240

582,120

291,060

582,120

582,120

Increase of dividends at the rate of 31. per cent. per annum on 11,642,400l., is, 16 years

582,120

5,588,352

Increase of dividends at the rate of 11. per cent. per annum on 11,642,400l., is,

814,968

Increase of capital at 25 per cent., is

2,910,600

Dividend at the rate of 101. per cent. per annum on 2,910,600, increased capital, is, 64 years

1,891,890

2,095,632

Annual dividend payable on Bank stock in 1797, on a capital of 11,642,4007. at the rate of 71. per cent. per

£814,968

annum

Annual dividend payable since June, 1816, on a capital of 14,553,0001., to October, 1822, inclusive, at the rate of 101. per cent. per annum

£1,455,300

Annual dividend payable from April, 1823, to the 31st of March, 1832, both inclusive, on a capital of 14,553,000l. at the rate of 8. per cent. per annum

£1,164,240

Bank of England, 27th of June, 1832.

WILLIAM SMEE, Dep. Acct. No. IV. An estimated Account of Profit derived by the Bank from Circulation of Promissory Notes and from Government Business.--(Appen. No. 23.)

24,000,000, of which two-thirds are estimated to be invested in securities, and one-third in bullion.

Amount received from government for management of the public debt, for the year ending 5th of April, 1832, including life annuities

106,000

10,000

70,000

147,000

335,000

134,875

No. V. Account of the Liabilities and Assets of the Bank of England (exclusive of the Sum lent by the Bank to the Public, on the 7th of January 1843), exhibiting the Amount of the Bank Notes in Circulation in Town and Country, of public and private Deposits, and of public and private Securities, Bullion, &c. in the Possession of the Bank.

No. VI. An Account of the Notes, Post Bills, &c. of the Bank of England in Circulation, on the 28th of February and 31st of August in each year, from 1698 to 1792 both included, as near as the same can be made up.

1698 1,221,2901,240,400

1770

£ 5,237,210 5,736.780

6,822,780 6,014,110

1772 1773

5,962,160 5,987,570

1722 2,365,640'3,006,430] 1746 3,383,720 3,842,500 1699 743,850 519,150 1723 3,516,110 3,482,210) 1747 4,107,420 3,652,310 1771 1700 938,240 781,430 1724 3,232.830 3,857,710 1748 3,894,650 3,789,720 1701 298,860 763,860 1725 3.734,480 3,343,400) 1749 3.737,110 4,183,390 1702 920,730 1,030,900 1726 3,076,850 3,152,340 | 1750 3.961 9764,318,490 1774 1703 933,760 1,214,040 1727 3,888,180 4,677,640 1751 4,022,160 5,195,310|| 1775 1704 961,990 946,010 1728 4,574,920 4,513,790 1752 4,444,9604,750,350 1776 1703 556,610 1,043,150 1729 4,152,590,4,199,910 1753 4,401,580 4,420,290 | 1777 1706 996,840 805,410) 1730 3,998,280 4,416,870, 1754 4,062,870 4,081,280, 1778 1707 959,820 824,860 17314,451,720 5,249,880 1755 3,950,650 4,115,280 1779 1708 648,680 598,940 1732 4,251,660 4,592,400 1756 4,106,790 4,516,360 1780 1709 707,470 691,350 1733 4,385,060 4,543,000 1757 5,319,130 5,149,940|| 1781 1710 601,580 480,920 1734 4,203,070 4,671,930, 1758 5,320,590 4,864,110 1782 1711 477,510 573,230 1735 4,627,990 4,738,550. 1759 4,586,840,4,809,790" 1783 1712 738,920 2,025,200 1736 4,907,750 5,077,570, 1760 4,969,250 4,936,280|| 1784 1713 1,221,850 800,810 1737 1761 5,632,350,5,246,680 1785 1714 623,640 1,651,780 1738 4,766,280 4,609,420 1762 5,741,090 5,886,980

5,215,0104,414.690

6,037,060 6,362,220 7,550,780 9,886,220 9,135,930 8,398,310 8,699.720) 8,551,090 8,712,230) 7,753,590 7,440,330 6,758,070 9,012.610 7,276,540 8,410,790 6,341,600| 7,092,450, 6,309,430 8,028,880 6,759.310 7,675,090 6,307,270 6,202,760 5,592,510 5,923,090 6,570,650|

1786

7,581,960 8,184,330

1787

8,329,840 9,685,720

1715 972,160 978,840 1739 4.347,270 4,152,420 1763 5,999.9105,314,600
1716 1,460,660 1,579,730 1740 4,550,980 4,444,000 1764 5,501,300 6,210,580|| 1788
1717 2,053,150 2,188,030 1741 4,841,840 4,084,450 1765 6.316,670 5,356,490 1789
1718 2,782,420 1,806,640 1742 4,471,510 4,911,390 1766 5,617,570 5,246,410 1790
1719 1,807,010 1,939,550 1743 4,654,890 4,250,180 1767 5,510,990 4,883,440
1720 2,466,880 3,032,460 1744 4,253,610 4,270,590 1768 5,778,990 5,415,530
1721 2,241,280 2,206,260 1745 4,279,610 3,465,350 1769 5,707.190 5,411,450

9,561,120 10,002,880 9,807,210 11,121,800 10,040,540 11,433,340 1791 11,439,200 11,672,320 1792 11,307,380 11,006,300

N. B. No previously published table of the circulation of the Bank of England extends further back than 1777; we are indebted to the Court of Directors for being able to supply this striking defect, and to exhibit, for the first time, the circulation of the Bank, from within four years of its establishment down to the present day.

No. VII.-Statement exhibiting the Town and Country Circulation, Deposits, Securities, Bullion, &c. of the Bank of England, on the undermentioned days of the following years.

No. VIII. A Return of the Average Aggregate Amount of Promissory Notes, payable to Bearer on Demand, in circulation in the United Kingdom in the Months of January and July, distinguishing those circulated by the Banks of England and Ireland, and by Private and Joint Stock Banks in England, Scotland, and Ireland, together with the Bullion in the Bank of England, from September, 1833, to Jauuary, 1843.

£

1833 September 1834 January July

1835 January July 1836 January

July 1837 January July 1838 January July 1839 January July 1940 January July

1841 January July 1542 January July 1843 January

£
£
£
£
£
£
19,014,000 6,163,037 1,115,521 2,307,086'2,644,495 3,678,900 1,112,155 36,035,241
19,234,500 6,621.623 1,260,685 2,195,989 3,004,983 4,017,600 1,220,578 37,855,958.
19,488,400 6,368.122 1,537,511 2,054,514 3,108,239 3,638,500 1,134,764 37,329,850
18,517,500 6,670,988 1,822,491 1,867,577, 3,056,828 3,858,560 1,702,956 37,526,900
18,864,750 6,535,365 2,130,968 1,821,730 3,058,053,3,491,175 1,276,589 37,178,630
17,953,500 6,842,803 2,172,267 1,898,015 3,091,510 3,484,620 2,035,709 37,779,324
18,582,750 6,716,830 3,371,942 1,491,240,3,230,066 3,230,600 1,940.976 38,654,101)
18,735.000 6,831,721 3,661,659) 540,983 3,149,321 3,487,150 2,143,361 38,549,195)
19,174,500 6,229,418 3,355,911
18,948,000 6,654,282 3,763,187
20,249,100 6,762,555 4,239,333
18,554,800 7,539,120 4,566,369
18,407,800 6,847,002 4,243,419
17,315,000 6,626,674 3,941,307|
17,681,000 6,336,824 3,697,041)
16,852,250 6,301,992 3,587,319
17,976,000 5,907,682 3,418,810
16,293,000 5,478,189 3,012,197
19,908,000 5,166,581 2,939,195)
18,283,000 4,912,825 2,839,909]

346,242 2,977,539, 3,091,300 1,444,762 36,619,672
271,498 3,000,288 3,312,600 2,246,124 38,201,279
250,719 3,121,882 3,222,350 1,896,768 39,743,007-
232,592 3,244,603 3,551,525 3,090,246, 40,779,255
81,891,3,165,761 3,193,175 2.071,122 35,016,470
62,376 3,076,585 3,265,550 2,715,615 37,003,137
57,921 3,228,595 2,979,950 1.876,651 35,857,982
164,717 3,174,555 3,213,200 2,366,264 35,660,297)
3,181,594 3,055,025 1,905,672 35,444,783
3,070,075 3,205,875 2,515,677 33,605,013

No. IX. Account of the Circulation, Deposits, Securities, Bullion, and Surplus, (exclusive of Capital,) of the Assets over the Liabilities of the Bank of England at (or as near thereto as the accounts can be made up) the under-mentioned Dates in each of the following Years.-(Compiled principally from the Parl. Paper No. 580. Sess. 1842.)