The Sun.
London, England, 1864-07-29 00:00:00

LAW INTELLIGENCE—(This Day.)

CONEY MARKET

AND

COMMERCIAL INTELLIGENCE,

CITY, TWELVE O'CLOCK.
The general discount market is now assuming a
more favourable appearance, and bankers and
brokers are throwing aside the reticence they pre-
viously evinced. First class commercial securities
are now taken by them as low as and 7s per
cent„ and the tendency is still in the direction of
lower rates.
The weekly return of the Bank of England pub-
lished yesterday is not of so unfavourable a charac-
ter as was anticipated. The bullion and reserve of
notes have been diminished, while an increase has
taken place in the, other securities. Annexed are
the particulars:—
Active Circulation .. .. £21,635,545
Decreasel6o,olo
Bullion .. 12,996,685
Decrease • • • • • • • • 174,876
Rest .. 3,504,128
Increase • . 35,335
Public Deposits 4,961,046
Increase 498,556
Other Deposits.. .. 13,731190,L21
5.
Increase .. .
Seven Day and other Bills 523,002
Decrease .. • . 48,131
Government Securities • • • 11,067,125
Decrease ..
** 25,000 Other Securities .. • • ' 20,900182,532
,570
Increase .. • •
** **
Notes Unemployed • • 5318,98091,715
Decrease ..• •
• The Bank of France return for the past week
ahows many favourable alterations. The cash has
, been increased by £253,300, the notes by £42,000,
the Treasury balances by £164,000, the current
accounts by £376,009, and the advances have been
diminished by £40,000. The discount exhibits an
increase of £176,000.
The Atrato from the West Indies has brought
£341,610.
BTee half-yearly meeting of shareholders of the
ank of Egypt was held to-day. The report pre-
nted stated that the accounts showed that the
net profits, including a balance of £7,220 Os, 2d.
brought forward from the previous half-year,
amounted to £18,772 12s. Bd. This enabled the
directors to recommend a dividend for the half-year
et the rate of 10 per cent. per annum (L 12,500), free
of income tax, leaving £6,272 12s. Bd. to be carried
torward to the next account.
.„,The second general meeting of the Joint Stock
'lecount Company was held yesterday at the Lon-
don Tavern, Mr. W. C. Brown in the chair. The
ereport, which is in every respect highly satisfactory
to all parties concerned, announces that the gross
Profits arising from the operations of the company
for the six months ending June 30th, had been
£72,991 3s. 9d., deducting £13,741 155. 4d. for
rebate en bills not due and
the current expenses.
The directors announced that they had been en-
able to increase the reserve fund to £25,000, and
they declared a dividend at the rate of 8 per cent.
per annum, leaving a balance of £1,411 13s. 9d. to
the credit of next account. The report also directs
attention to the fact that in A, 18us 6 3,-
immediately after the commencement of bi
Less, the amount of loans, &e., taken up b
the company was about £1,0.00 y,OOO. At the close
of the year the amount had swelled to £2,000,000,
and a'c the close of the last quarter had augmented to
nearly three millions and a half. The report wee Ilhaleimously adopted, the dividend declared, and
Illtee the usual complimentary votes, the meeting
up.
The Robertsfors Iron Works Company's shares
were in demand early to-day at I, and closed at 11
Prem.
Weunderstand that the Industrial Society of
day
close their list of application for shares in a
Carnor two. The stock sold briskly at 2to 2} prem.
e Guildhall Coffeehouse and Castle Tavern
of apany (limited), ultimately seek to raise a capital
£lOO,OOO in 10,000 £lO shares, the company
eeramencing operations with first issue of 6,000
lb Ares ; deposit £1 per share, and a further pay.
Vent of £2 on allotment. The object of this come
IhY is to purchase, carry on, and extend the busi.
im 'Be of the Guildhall Coffeehouse and Castle Tavern,
thtitil of which are so well known in the City and to
tree who frequent the law and bankruptcy courts.
directore have secured the leases, stocks in
tradeileta) goody/ill, &c., of these houses on very advane
A genus terms, Under the late management consi-
;:t4ble Pr Ate have been realised, and the directors
convi aced, after the very close calculations
-I°ll ha ve been made by competent parties, that
very b
andsome dividend will eventuate from the
lu'Peta
;ftheca which will now be given to the resources
4; old establishments. In the meantime they
thro-all-ee minimum dividend of 10 per cent. for
e,:i;Et years. The names of the directors, which
be found in our advertisement column, will
"P. ire every confidence in the undertaking.
ri:e'he official returns relating to the trade and
vigetion of the United Kingdom for the six
.4 paths ending June 30 have just been published,
oft,
the ea
it appears that the total declared value
ports for that period have been £78,047,586,
A; viinst £62,014,197el in the same
lowing an increns© period of 1863,
ncrease of 16 033,389. The increase is
host perceptible in beer and ale, eosis d
cotton
Illahufactures, cotton
earthenware,"cultn'
yarns,
dashery and milliners,
zaanufac tures, silk andinanufactures,_ cutlery, linen
hardware habete
wooll:eritish spirits,
aheeps' and lambs' wool, and
0;1
the
worsted
kaaufe ctures. The importations
parhini ciplal
artielef, have been larger as regards livee
raw cotton, jute, paper, provision e, finloan;
e.urraia ts, brandy, tobacco, and wine, but th '
ere is a
off in guano, petroleum, raw gilk, sheep
"ti 1 anabe wool, coffee, wheat, barley, oats,
11_ ed sugar, and tea. The shipping accounts
titbit a decrease in the amount ot tonnag, eme
fl3cl,l.°Yild in the foreign trade of the United Kingdom
el e entries inwards, but a slight increase for the
e'irgnot!s outwards. In the coasting trade for the