BANK MOVEMENT IN EUROPE. 



r. r. 

 Oil 



TIIE EUROPEAN BANK MOVEMENT op THE 

 YEAR I860. La Finance estimates that the 

 subscriptions in Franco, in 18GG, amounted to 

 28,000,000 sterling for foreign loans ami rail- 

 way advances, 12,000,000 more for advances 

 by the societies of Credit Foucier for the im- 

 provement of real property and a further 

 i'2.000,000 for di'lK-ntutvs and shares in French 

 railway and other companies: in all, therefore, 

 a total subscription and contribution of 52,000,- 

 000 sterling, equal to 1,300,000,000 in francs. 



In 1866, the rates of discount at the principal 

 monetary centres of Europe were as follows : 



At Amsterdam, the year 1866 opened with a 6 

 per cent, discount rate. In the 2d week of the 

 year there was an advance to 6 per cent, but in 

 the 8th week there was a fall to 6, and in the 

 llth to 5J. In the 18th week, the rate went to 

 6, and in the 19th to 6|. In the 27th week of the 

 year, it further advanced to 7, sinking, how- 

 ever, to 6J in the 32d, 6 in the 33d, 5 in the 

 39th, 5 in the 43d, and 4-J in the 51st week. 



Berlin commenced 18G6 with a discount rate 

 of 7 per cent., which sunk to 6 in the 8th week, 

 advancing, however, to 7 in the 16th week, and 

 to 9 in the 19th week. In the 29th week, there 

 was a fall to 7, in the 30th week to 6, in the 

 .'52d week to 5, in the 44th week to 4-J, and in 

 the 51st week to 4. 



At Bruxelles, there were very few fluctua- 

 tions. They may be summed up as follows : 

 commencement of the year, 5 per cent., 9th 

 week, 4; 20th week, 5 ; 22d week, 6; 83d 

 week, 4 ; and 38th week, 3. 



At Frankfort, the rather more numerous fluc- 

 tuations were : commencement of the year, 6 



per cent. ; 2d week, 7 ; 3d week, 5} ; 4tU week, 

 6; 7th week, 4*; 10th week, 4; 12th week, 

 4i; 16th week, 6; 19th week, 6; 20th week, 

 7 ; 26th week, 6 ; 83d week, 5 ; 84th week, 4; 

 41st week, 4 ; and 46th week, 8$. 



At Hamburg, there were no fewer than 

 thirty-one changes in the rate of discount dur- 

 ing the past year. In the 1st quarter, the fluc- 

 tuations were from 4J to 7 per cent. ; in the 

 2d quarter, from 5^ to 8-J ; in the 8d quarter, 

 from 3| to 6J ; and in the 4th quarter, from 8J 

 to 4}. 



At London, the year opened with a discount 

 rate of 8 per cent., which fell to 7 in the 8th, 

 and to 6 in the llth week of the year. In the 

 18th week, the rate rose to 7; in the 19th 

 week to 9 ; and in the 20th week to 10. This 

 rate continued to the 33d week, when it sunk 

 to 8, declining further to 7 in the 84th week, 

 6 in the 85th week, and 5 in the 36th week. 

 It afterwards fell to 4J in the 39th week, 4 in 

 the 45th week, and 3 in the 51st week. 



At Paris, discount was kept within very mod- 

 erate bounds in 1866, the year commencing with 

 5 per cent., from which there was a fall to 4-J in 

 the 7th week, 4 in the 8th week, 3 in the 12th 

 week, 4 in the 19th week, 3J in the 30th week, 

 and 3 in the 85th week. 



The aggregate amount of calls made by the 

 Cornwall and Devon Mines from 1862 to 1866 

 amounted to 1,828,427; the dividends during 

 the same period amounted to 751,713. The 

 year 1864 stands foremost in the list of calls for 

 upwards of 400,000, and during that year the 

 dividends reached 174,907. In 1865 the calls 

 were 331,881, and the dividends 90,596. 



BANK OF FRANCE, FROM 1861 TO 1866. TWENTY-FIVE FRANCS . LIABILITIES. 



ASSETS OF THE BANK OF FRANCE, FROM 1S1 TO I86. 



One of the extraordinary futures of thli exhibit it the rapid Increase In the reierre of coin and bullion from 1M4 to IBM. 



