84 



BANKS, EUROPEAN. 



State of New York, and the remainder (49) 

 under the National Banking Law. 



State Banks of the State and City of New York at the 

 close of the year 1867. 



THE BANK OF FRANCE. 



Comparative condition of the Bank of France in Jan- 

 uary, 1867, and January, 1868. . 



The leading change in the year 1867 is an 

 increase of circulation 170,000,000 francs ($34- 

 000,000). The individual deposits have in- 

 creased forty-five per cent., or from 280,000,000 

 to 408,000,000 francs ($25,000,000); in Paris 

 alone the increase was 50 per cent. The gov- 

 ernment deposits in the same time have de- 

 creased one-half. 



BANK-NOTE CIRCULATION OF GREAT BRITAIN. 

 The following return shows the state of the 

 .note circulation in the United Kingdom Decem- 

 ber 7, 1867 : 



Bank of England 23,860,8T4 



Private Banks 2,854,842 



Joint-Stock Banks 2,332,463 



Total in England 29,047,684 



Scotland 5,055,794 



Ireland 6,416,301 



United Kingdom 40,519,779 



As compared with the month ending the 8th 

 of December, 1866, the above return shows an 

 increase of 1,092,154 in the circulation of 

 notes in England, and an increase of 1,145,051 

 in the circulation of the United Kingdom. On 

 comparing the above with the fixed issues of 

 the several banks, the following is the state of 

 the circulation : The English private banks are 

 below their fixed issue 1,169,248 ; the English 

 joint-stock banks are below their fixed issue 

 406,172 total below fixed issue in England, 

 1,575,420 : the Scotch banks are above their 

 fixed issue 2,306,523; the Irish banks are 

 above their fixed issue 61,807. The average 

 stock of bullion held by the Bank of England 

 in both departments, during the month ending 

 December 4th, was 22,062,761, being a de- 

 crease of 706.892 as compared with the pre- 

 vious month, and an increase of 4,235,227 

 when compared with the same period last year. 

 The following are the amounts of specie held 

 by the Scotch and Irish banks during the month 

 ending the 7th of December : Gold and silver 

 held by the Scotch banks, 2,922,954; gold 

 and silver held by the Irish banks, 2,535,028. 



London Joint-Stock Banks. The following 

 table presents the dividend paid by the leading 

 joint-stock banks of London in 1867, and in the 

 latter part of 1866 ; showing a large business 

 and ample profit? on the capital employed : 



Subjoined is a table, affording a comparative 

 view of the Bank of England returns, the bank 

 rate of discount, the price of consols, the price 

 of wheat, and the leading exchanges, during a pe- 

 riod of four years, corresponding with January, 

 1868, as well as ten years back, viz., in 1858 : 



