Book excerpt: Excerpt from The Bankers' Magazine, Vol. 17: Journal of the Money Market, and Commercial Digest; January to December, 1857 The Bank of England have to day lowered their rate of discount from 7 per cent. At which it had stood since the 1sth of November, to 6} per cent. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.