The Sun.
London, England, 1864-03-28 00:00:00

XONEY MARKET

AND

COMMtECIAL INTELLIGENCE.

CITY, TWELVE o'CLocK.
Thole is a firm market for discounts, and a full
average amount of business reported.
The city to-day presents the appearance of a
partial holiday owing to the closing of the Stock
Exchange, and a reduction so far as practicable of
the attendance in many other important departments
of business. The arrivals of mails from Australia,
China, India, and the Cape has, however, occupied
full attention among those particular interests.
The directors of the London and South American
Bank have just issued their report in anticipation
of the first ordinary general meeting. It states as
follows :—" Your directors avail themselves of the
opportunity afforded them by the present first ordi
narY general meeting of shareholders to place in
their hands a balance sheet, comprehending all the
operations of the company in London, from the time
of its formation to the 16th of March ; and in
Lima, those which have occurred from the
commencement of business there on the 21st
of September to the 6th of February. Your direc•
tors will at the meeting give every information
that
may be desired with reference to the actual
Position of the company and its progress hitherto,
and Will treat of a pending negotiation for the
union of its interests with those of the Mexican
Bank, Limited. This latter proposition will involve
the division at this time of the profit made by the
LCompany up to the dates already referred to, and
neoce it is proposed to recommend a dividend of 6s.
Per share,
being at the rate of 10 per cent. per an-
Ilan], which it is hoped will be satisfactory.
The date for the division of profits being agreed
and fixed with the Mexican Bank for March 30, and
4.3 the accounts from Lima extend only to Feb. 6,
ni`ly be fairly assumed that the profit made in the
intermediate period, meets the question of rebate,
On bills current on Feb. 6. The shares of your
Company being each £lOO, and those of the Mexi-
Can BUIL{ 150, on the proposed amalgamation taking
effect you will receive two shares in the amalga-
!flitted company for one of those you now hold, and
118 hoped that this proposed union will be con-
ducive to the strength and success of the whole
enterprise."
The advices received this morning from the ma-
nufacturing districts report very favourably of trade
during the past week, although in one or two in-
stances a slight diminution of business has been
Perceptible. The cotton market has been less buoy- n
*l"' Owing to large arrivals of the staple. At Leeds, T
Bradford, Huddersfield, and Halifax, the demand S'
for woollen and other goods has continued active ;
and at Sheffield several large orders have been re-
ceived from India and Australia, and prices have
accordingly continued firm. At Wolverhampton,
ttoo, there has been an active inquiry for all descrip-
tions of iron ; but at Birmingham the fancy trade
4es shown a considerable amount of slackness.

BRITISH FUNDS—CLOSING PRICES.
SATURDAY.
Cle/XItNMENT FUNDS.
" Per Cent. Consols
3 per
Account, April 8
IsiP" 2ent. Reduced
Ne2° `,?, per Cent B9 9
41 per Cent. Jan. 1891 —
',Jauities, 30 yrs, expire Bth Jan., 1880 —
x Ditto for 30 yrs, expire sth April, 1885. 14/
lehequer Bills, £l,OOO, 21 & 3 per Cent. die
Ditto £500
B
Ditto
£lOO and £200
allk England Stk, 41 per Ct., last hf.-yr Shut
INDIAN GOVERNMENT SECURITIES.
inclia StoCk, 10i per Cent., April 1874 —4
Ditto 5 per Cent. July, 1870
Ditto Acomill• • " ) —
Ditto 4 per Cent., Oct, 1888. .
Do Certificates
Ditto Enlaced Paper, 4 per Cent ..
Ditto
Dino 51
per Cent., Jan. 1872 —
51 per Cent., May, 1879 112
Ditto Debentures, per Ct., April 1861
~ Ditto ditto Aug., 1866
ultto Bond s El,OOO ..... dis
Ditto under £l,000
FOREIGN FUNDS—CLOSING PRICES.
Brazilian 5 per Cent
Ditto, 1839 and 1859 .....
Ditto 41 per Cent., 1852-68-60
Ditto 1863 9Ol 90 1
, Ditto Scrip, £55 paid.... Pm
l'cloador New Consolidated, 1 per Cent l3l
'it'Yptian 7 per Cent looi4 100
I.4_Ditto, Second Issue
ii`.'lian 5 per Cent.(Marenamana Railway) 744
".texican 3 per Cent
.„Ditto Account
r cruvian 41 per Cent
Ditto per Cent.
Ditto 4} per Cent., 1862
~., Ditto Account B6 1
-t. ortuguess 3 per Cent., 1853
Dit to
Dit Account. . 484
to 3 per Cent 6118569 '7, '9P '6O, 62,'3
Ditto Account 4Bl 4
Ditto
it
Scrip (1863) £3O paid .. pm
tp, Men 5 per Cent., 1822, £ St
rAtit4to 4} per Cent., 1850 864
_ Ditto 3 per Cent 1859
as_lhtto 6; pe t 1862 —
Eardiniar. 6 per Cent
Jl.ccOunt
Ditto 3 per Cent
4-nyo Account
D 544
-rJtto New Deferred
Dittotto Account
b., Peke's'
Shn
....4to Account --•
t',LLI g
IN . 11 Cert. of Coup not funded —
Turd'
Account l3l i
yiPalt 6 per Cent. 1854 —
irsltto A.coount —
Lotto
i)., 6 per Cent. 1858
Ditto.
A.ccount 7Ol
1,-1,!t0% £lOO Bonds —
Ditto 6 per Cent. 1862
Ditty Account .. 711
vea'ittri ZlOO Bonds.. 72
LIZ go
3 per Cent.
1p 40 Account .. 24
IA I'o Accountt., 1862
1' Ito c
/tar, Dividends on the above payable in Lond .
1)1. ms 5 per Cent., 1861, Ex. 25 francs —
pi bto Account 671
Pe„ tiontose 5 per Cent., Ex 25f —
•". viall Dollar Bonds, 4i per Ct. Ex. 4s.

TWO O'CLOCK
coils' sla Money
. 91} a
--- Ito April Account

1111toP OF LIQUID.—When medical men pre-
e so many drops of any liquid to their patients,
tr 7 133 ay not be aware that they do not always prescribe
sail as quality. On this subject we find an interesting
raPer by T. Tate, Esq., in this month's Philosophical
cigca .inc, in which he shows that the magnitude of a
utP depends upon various circumstances generally
et taken into account. First, as to the appa-
'
attla. used by him for his experiments, it eon-
liets of a vertical tube AB receiving the liquid at
to tea a 'vessel C, and delivering it at B into a vessel D.
:14 vehicle by means of which the liquid passes from C
nto the tube, is a strip of clean calico which acts as a syphon.
-.4 apparatus was so adjusted that the interval of time
,
‘%•een the falling of any two consecutive drops was not
Il' than 40 seconds. The lower end Bof the dropping-
jdbe WWI drawn to a point, and then formed to a sharp
..,„eh 0 that the tube at the part in contact with the
might be regarded as indefinitely thin. From five to
Nvet:i (ED3Pa AveTo allowed to fall into D, which was then
44
"ea, by -which means the weight of each drop was
t -
; 18'rt'ined• In order to determine the weight of the drop
13°Iidin' to different temperatures, the dropping•tube
40 in a wide brass tube passing through a
Water b-Lth, so that the drop of liquid, as it was being
tight attain the same temperature as the
4147 grounding the wide tube. From the experi-
(lt4 made with this apparatus it appears; 1, that,
isb-e
,r tiling's being the same, the weight of a drop of liquid
for°Portirmal to the diameter of the tube in which it is
but not of its orifioe, provided the diameter do not
bkra 7- 10ths of an inch, in which case the liquid falls,
11°t in Vats form of a regular drop ; 2, that the law just
tCe'iciated. has a remarkable relation to that of capillarity,
apei ‘,34141Lt of the drop being in proportion to the
earf„gt of. water which would be raised in that tube by
14 Ar `"'"lnrY action; 3, that the augmentation of weights are
the °p nrtion to the diameters of the outfaces on which
liuisTliPa are formed ; 4, that the weight of a drop of
luc t" Other things being the same, is diminished by an
bet: 49e of temperature ; and 5, that in different solutions of
the !,.1 Salts the increment in the weight is in proportion to
grY salt in solution.
tI,4ETROPoLITAN POLICE.—The coat of the Me-
ttij°lltaz Police in the year 1863 was £554;250. Towards
N 8„, exPenditure the rates supplied £346,127, the Treasury
tu14143,129 ; the Admiralty, for the service of the police
kirt'e dockyards, £33,015 ; the War-office, for services at
1).41)1,!itY statious, £10,000; the Government offices and
'ic institutions were charged £14,337 ; companies and
e individuals, £5,514 ; the theatres, £503 ; and the
issinuers of the International Exhibition, £7,448.
tezablitober of the force at the close of the year—superin-
ak alit; inspectors, sergeants, and constables—was 7,732,
Ass of 215 in the year. Four years ago the number
6,000. A charge is made for the. funer_als of 48
polls in the year. The expenditure in 1863 for the
ii4ss.ayacblleiZmof
tthbee metropolis was £51,898, the whole of
public purse. The fees and penalties
d at there courts in the year amounted to £12,367.