The Sun.
London, England, 1855-06-28 00:00:00

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AND

COMMERCIAL INTELLIGENCE.

CITY, Two o'CLooK.

The Cotton Market at Liverpool yesterday
closed heavily, with a downward tendency inprices.
The sales were estimated at 7,000 bales, comprising
240 Pernam and Maranham at 70. to 71d., 100
Egyptian at 6id. to 9d., and 600 Surat at 3d. to
Sid. per lb. The Railway Share Market was ex-
ceedingly buoyant, but little business was tran-
sacted.

The directors of the Chartered Bank of India,
Australia, and China have issued their report, pre-
paratory to the extraordinary general meeting con-
vened for to-morrow. The object of the meeting
is to determine whether the undertaking is to be pro-
secuted. The object for which the Bank was formed
was to afford banking facilities to the vast and in-
creasing trade between Australia,lndia, and China, a
field as yet unoccupied. The East India Government
has somewhat reluctantly granted a charter, giving
limited liability, and the banking `privileges en-
joyed by other corporations in India. The following
are paragraphs in the report :
"The bank has a fully subscribed capital, with the
deposits all paid up, and it has a very large portion of
shares registered, with the first call paid. It has secured
lately, in the direction, a valuable accession of influen•
tial connections with the East ; the demand for banking
accommodation in the East is evidently on the increase ;
money at home has become plentiful ; and it only re-
mains for the shareholders, with the infusion of new
members into their body, to realise the amount of the
capital needful for the commencement of business."
After stating their belief that there is ample
room for this and other banks, the Directors pro-
ceed to observe that :

"In the state of the money market some time since,
the directors were of opinion that it would be expedi-
ent to form an amalgamation with some other bank-
ing company, and they intimated to the shareholders
in their last report that they had opened nego-
tiations with a bank in India already in opera-
tion. These negotiations niit having resulted as was
expected, the shares of which the directors bad the
control, and which were designed for that amalgamation
are now set free for re-issue to the shareholders of the
bank, and to the public here and in India. The direc-
tors (having regard to the technical difficulties which
Prevented the proposed amalgamation, and to the serious
delays which would have attended it) are well pleased
that this important bank should be prosecuted upon its
own foundation ; and they call upon the shareholders
and the public—to-remove from their minds the degree of
prejudice which has been treat- d by the litigation now
entirely at an end, and to regard the undertaking with
the same favourable feelings which wets so clearly ex-
hibited when the public attention was first called to the
wide and profitable field of its operation, and the great
and sound objeets it had in view."
The official returns of the trade and navigation
of the United Kingdom, for the month and five
months ending May 31, have been issued. From
these it appears that the total declared value of the
exports du,ing the month was 8,049,2461., against
8,422,1961. in the same period last year. There
was an increase in the shipments of coals
and culm, cotton manufactures, cotton yarn,
linen yarn, machinery, and woollen and
Worsted yarn, but a falling-off in beer and ale,
hardwares and cutlery, linen manufactures, silk
ditto, thrown silk, and woollen and worsted manu-
factures. The imports were smaller of live animals,
cocoa, coffee, wheat, barley, oats, Indian flour, in-
digo, flax, saltpetre, raw silk, cloves, pepper, rum,
Sugar, tea, and wines, but there was an increase in
the receipts of currants, guano, palm oil, opium,
provisions, quicksilver, rice, cassia lignea, gessena,
tallow, tobacco, and wool.
The shipping accounts exhibit an increase in the
tonnage employed in the Foreign trade of the
United Kingdom of 48,485 tons in the entries in-
wards, and of 30,444 in the clearances outwards..
In the coasting trade rather less tonnage was em-
ployed.
The English Stock market has been exceedingly
quiet, but the quotations are firm. There is no
speculation and very little real business. Consols
have been 91k to all the morning. Bank Stock
is steady at 211 to to 211 k. Exchequer Bills have
been higher again. The 2kd. have touched 225.
and 235., and the 2d. 16s. to 19s. premium.
The transactions in Foreign Bonds have been
moderate. Turkish are firmer, having been as
high as 811 for account. Sardinian Stock is worth
85k, a slight decline. Spanish Threes are 18g.
Mexican have been 21i to Dutch 2k per. Cents.
are 64k.
The following are the nominal prices of foreign
stocks:—Grenada Deferred Bonds, 6& to 7; Mexi-
can, 21k to 21i ; Peruvian, 68 to 70; ditto Three
Per Cents., 48 to 50 ; Portuguese Four per Cents.,
41 to 46 ; Russian Five per Cents., 98 to 100 ;
ditto Four-and-a-Half per Cents., 89 to 91 ;
Spanish New Deferred, 18k to 18i ; Ditto 3 per
Cents., 38k to 39 ; Ditto Certificates, 4 • to 4f ;
Ditto Passive, 4 to 4j.
The settlement of the account is in 'progress in
the Railway Share market, and the rates charged
for " carrying over" are not high. Some shares
have rather improved, those most dealt in being
Caledonian, Midland, North-Western, South -
Western, and Scottish Midland. Great Western
of Canada are buoyant, and Scinde are in request.
The Foreign Mines are heavy, and the Joint
Etock Banks quiet, though firm. General Screw
Steam are supported. Canada Company's Shares
are 11. to 2/. dearer.

BRITISH FUNDS THIS DAY.-CLOSING. PRICES.

(Front the Official List. )

Business done
flank Stook ..... .....
3 per Cent. Reduced Annuities........
New 3 per Cent. Annuities .. . .
Long Annuities, Expire sth Jan., 1860
India Bonds, £1000
Consols ?or Account, 10th July gli i i
Exchequer Bills, 244 I 2d.
21000
2500 — 119 16
Small I , 16 15 19
_
Exchequer Bonds 1858, 3} per Cent
PRICE OF FOREIGN FUNDS TB 1-8 DAY.
Brazilian Bonds 5 per Cent.
Ditto Small lOl4
Ditto New, 1852, 41 per Cent 93 x d
Mexican 3 per Cent.
Ditto for the Account 214
Russian Bonds, 1822, 5 per Cent. £St 99lt
Pardinian Bonds, 5 per Cent.
Spanish Bonds, 3 per Cent 3B
Ditto New Deferred, 3 per Cent.
Ditto for the Account
Turkish Bonds, 6 par cent
Ditto for the Account
Dividends on the above payable in London.
/1 atah Exchange, 2i per Cent. 12 Gull
Ditto 4 per Cent. Certificates .
THREE O'CLOCE.
Consols
Ditto for the Account 9l i x d

MARKET NEWS.--(THIS DAY.)

CORN EXCHANGE.
GENERAL AVERAGE PRICES OF BRITISH CORN
For the week ended June 28, 1855, made up from the Returns of the
Inspectors in the different Cities and Towns in England and Wales
per Imperial Quarter.
WHEAT. BARLEY. OATS. I RTE. BEANS.
76s 7d 31s 31 29s 3i 45s 91 47s Id t 43s Id
THE SIX WEEKS' AVERAGE.
wassT. BARLEY. OATS. I EYE. BEANS. PEAS.
778 01 33s 5d 28s 5d 453 4d 45s lid 42s Ed
QUA gIiTIES OF GRAIN SOLD LAST WEEK.
Wheat, 68,925 ; Barley, 6,432 ; Oats, 8.173 ; Rye, 283 ; Beans
4,089; Peas, 378 quarters.

MEAT MARKETS.
NEWGATE AND LEADENIIALL.—The trade ruled dull,
and prices were barely supported. Beef, from 3s Od to
4s Od ; Mutton, 3s 4d to 44 S.t ; lamb, 4s 10/1 to 5s 8d ; Veal,
3s 10d to 4s 10d; Pork, 3s 4d to 4s 4d per 81bs, by the car-

Cam.
SOUTHALL, June 27.—Tho demand for all kinds of stock
ruled very inactive, and prices were not supported. Beef,
from 3s 4d to 49 4d; Mutton, 3s Gd to 4s 10d; Lamb, 5s Od
to 5s 10d ; Veal, 3s Gd to 4s 3d; Pork, 3s 4d to 4s 4cl per
Ms, to sink the offals.
ROMFORD, June 27.—We had a slow general demand to-
day, as Pillows : Beef, from 3s 4d to 4s 6d; Mutton, 3s 6,1
to 5s Od ; Lamb, 5s 4d to 6s Od ; Veal, 4s Od to 58 Od ;
pork, 3s 4d to 4.9 4d por Slbs. Quarter old Store Pigs, 21s
to 27s each.

HAY MARKETS.
FiMITHWIELD.—Meadow hay, 31 Os to 51 5s Od ; clover
w tto, 31 5s to 6/ 63 ; and straw, 11 43 to 11 8s per load.
4. fair average supply, and a sluggish demand.
CUMBERLAND. Meadow hay, 31 3s to 51 5s ; clove!
ditto, 3/ 3s to 61 Os ; and straw, 11 4s to 11 lOs per load.
Trade dull.
WHITECHAPEL.—Meadow hay, 31 Os to 51 ss; clover
ditto, 315 s to 61 6s • and straw, 11 4s to it lOs per load.
A. slow trade.

CITY ORTHOPCHDI HOSPITAL, HATTON-GARDEN,—Yes-
tesday a fete ch,ampetre, under most distinguished pa-
tronage, took place in the beautiful grounds of St. Mar-
garet's, Isleworth, near Richmond, in aid of the funds+
.
of. the above institution, founded for the purpose of
giving gratuitous medical and surgical treatment of poor
persons afflicted with club foot and oilier deformities.
The company began to assemble in the grounds at ten
o'clock, and the numbers increased up to the evening,
when there were several hundreds of elegantly-dressed
ladies and gentlemen present, including many of the
u°biliti and gentry, and the elite of the neighbourhood.