The Sun.
London, England, 1864-03-11 00:00:00

NEW By RLINGTON-STREET, REGENT-STREET.--R'°'

,711

Cocks and Co., music publishers to the Queen, 11..11"'A,'
the Prince of Wales, mid the Emperor Napoleon 1LL.:0,0
star of eight points in crystal brilliants, with the PriOvitti,
plume in the centre, encircled with rubies—the whole j'er
minated with gas. Queen's Concert .Roms, 11811°1,-01
square—A. row of brilliant jets in gas, the whole lerlOfr
the building. t tO
LuDGATE•HILL—Mr. Benson, watch and clocknito
ILEX. the Prince of Wales—A brilliant star.

---- -.-
Their Royal Highnesses the Duchess of CPi
bridge, the Grand Duchess of Meeklenburg-Strelit%9‘l,
the Princess Mary will shortly leave St. James's VPde
for Cambridge Cottage, Kew. The Duchess of Campy
and daughters are likely to reside at Kew for a month'
,40
The Marquis and Marchioness of Saligbultg
pass the forthcoming holidays at Hatfield House, olf
The Earl and Countess Spencer are still WY',
at Alexandria, The noble earl and countess are in el‘
lent health. ndO°
The Earl of Lincoln, who came to I. ItO
expressly to visit his father, the Duke of Newesst","
' town yesterday to rejoin the counters and family. 160116(
intention of the neble earl and countess to return /I°l9- ,
the Easter holidays.
VISCOUNTESS ROYSTON gave birth to a dav3" o°r
at the British Embassy, Paris, on the 25th last'
ladyship and daughter are doing well. Witt/
THE MARRIAGE OF THE COUNT DE ro1g
m, tors
the elder daughter of the Duke de Montpensier
1$
place early in May, at Claremont. tTIP
HER ROYAL HIGHNESS THE DUCHESS
1,13°
is, it is said, cncante.
I,,yee
THE FRENCH AMBASSADOR.—At the 1019,
other day, says the Court Journal, among the PiPlereep
Corps the portly figure of the Prince de la Tour d'.l" 01°
the successor of Baron Gros, was remarkable.
profusion of orders and a Grand Cordon. of
•
COUNT ALLAMIRA, Grand Chambertai.-„ t
Queen of Spain, has just died suAenly of a1:44)44;1#(
THE NEW NOVEL "Dr. Jacob," by tpe ofeli3O
of " John and 1." Three vols.—This is 130
iLjts
the " Jane Eyre" and " Villette" school, and 815°Ila plOrr,.o
singular power in painting continental habits 3.llllEnf
character. The opinion a careful readbg fpo cad
certainly must be, that " Dr. Jacob" is a acrorl° it of, i 0
i
nary quality, and that the talent manifested tiofl. fr
00
very superior class to the average of literary fio r per
a novel that will fully repay a patient and rcgt la
—,Kcssfnyer,

ONEY -.
AIU ET

AND

COMMERCIAL INTELLIGENCE.

CITY, TWELVE O'CLOCK.
In the general discount market to-day business
18 moderately active, at the current quotations.
About £8.5,000 in gold was taken into the Bank
yesterday.

The Syria, which leaves on the 12t1h with the
Alexandria and Bombay mails, will carry £185,310
in specie.

The weekly return issued yesterday by the Bank
of England authorities may be generally regarded
as satisfactory. The other securities have been
diminished partly through the large number of
bills thatarrived at maturity at the commencement
of the month, and the bullion has not been so
largely reduced as might have been expected from
the withdrawal of gold recently made for exporta-
tion. The notes in circulation have also fallen off,
but the Government balances have been increased
through the active revenue collections now in pro-
gress. Subjoined is our usual analysis :

Active Circulation .. ..
Decrease .. .. ..
Bullion .. .. .. ..
Decrease .. .. • •
Rcpt .. .. •• ••
Increase • • • . • •
Public Deposits • • • •
Increase .. •• .•
Other Deposits.. .. • .
Decrease .. .. ..
Seven Day and other Bills ..
Decrease .. .. ..
Government Securities

.. £20,027,140
.. 216,260
.. 13,884,389
.. 149,833
.. 3,791,536
• • 12,663
8,863,361
.. 969,731
.. 12,434,975
.. 1,106,303
&6,685
20,789

„„ 11,174,584
No alteration.
Otter Securities .. 20,497,727
Decrease 211,125
Notes Unemployed .. 7,738,170
Increase 67,205
The Bank of France return for the month to
Thursday last has also been issued. The altera-
tions comprise an increase of £540,000 in the
bullion, with a decrease of £2,533,332 in the bills
discounted, £326,664 in the advances, £1,140,000 in
the notes, £220,000 in the treasury balances, and
£686,664 in the current accounts.

During the last few days there has been less
activity in the Foreign and Colonial Produce
Markets. Sugar, however, has fully maintained
previous rates, while slightly enhanced prices have
been obtained for coffee and cocoa. Rice has been
dull, while the operations in tea have been to about
an average extent, good qualities of green main-
taining full prices. Rice, fruit, and spices have
been inactive, but ta'low has been in better request
at steady rates for both present and future delivery.
The British Copper Company (limited) has issued
a prospectus, with a proposed capital of £lOO,OOO,
in 20,000 shares of £5 each, commencing with a
first issue of 10,000-103. to be paid on application,
and a further sum of 10s. on allotment. The
directors announce that they commence their work
with more than one-third of the shares already
taken up, and that they do not anticipate that it
will be requisite to call up more than one-half of
their proposed capital. It is urged that the advan-
tages of the plan upon which this company is to be
worked are well worthy the attention, not only of
investors in mining property, but also of the com-
mercial world in general. It is proposed by this
company to work with one expense of management
their several mines at one and the same time, and
they give as an illustration of the wisdom of such
economy the great success of the St. John del
Rey Mining Company which pays 30 per cent.
divideni. A provisional contract has been entered
into to purchase the Lochfyne, Rednal, and other
mines, under very favourable circumstances, by this
company, and the directors are fully confident of
ultimate success, and to pay almost immediate divi-
dends. Alexander Alison, Eeq., late of the firm of
Alison, Merry, and Co., of Glasgow, has been
i
appointed chairman of this company, and his nfia•
ence in the mining world, coupled with that of his
brother directors, is an earnest that the objects of
the company will be fully developed.
The proE pectus of the West of E egland Woollen
Company will be found in another portion of The
sun. The object of the company is to establish
works for the purpose of manufacturing with im-
proved machinery, which has been secured by pa-
tent, various descriptions of woollen fabrics, by the
process of " felting" whereby the cumbrous and ex-
pensive machinery used in spinning and weaving is
dispensed with, and a saving of time and material
effected of not less than 30 per cent. In addition
to the production of carpets and felted goods, the
company
intend to apply their operations to a
higher class of goods, as the process is capable of
the manufacture of cloth of the finest quality. The
operation of felting is not now for the first time
introduced to the public, as the process has
been worked with the greatest success in
the seat of cur woollen manufactures, and
also on the Continent and in America. After the
most careful calculation it is expected that a profit
of at least 25 per cent. on the capital raised will
be realised, and the increasing demand for the
articles manufactured justify the expectation. The
company have arranged for the transfer of a newly
constructed mill, with six acres of freehold land at
Bradford-on-Avon, in addition to which a
thoroughly experienced manager has been secured,
the want of which has brought many promising
companies to destruction. The directory contains
the names of some first rate business men, and as a
considerable amount of the capital (which is set
down at £lOO,OOO in £lO shares) has been applied
for, the money invested will soon begin to make an
adequate return. It is proposed in the first instance
only to issue 5,000 of the £lO shares.
Another new financial undertaking is announced,
viz., the Warrant Banking Company (Limited).
The capital proposed is £2,000,000 in 40,000 shares
of £5O each, with a first issue of 20,000 shares. The
company's programme is sufficiently simple, as its
business is to consist mainly in making advances
upon produce represented by dock warrants or other
assignable document!. It is proposed that all such
produce shall be (lily inspected and valued, and a
margin allowed for depreciation. The advances
are to be made, not in cash, but in acceptances by
the company of the drafts of its customers ; and,
to secure the due payment of these acceptances,
the directors pledge themselves that the entire
paid-up capital of the company shall be
invested in British or Indian Government securi-
ties, or lodged at call. It is also proposed to
make advances upon stocks and shares. In a busi-
ness of this nature everything depends upon the
management, and it must be conceded that tie
company's board is respectably constituted, com-
prising the undermentionod names :—Mr. Joseph
Bravo, of J. Bravo and Co., of London; Mr. Archi-
bald Bruce, of the late firm of Bruce and Co., of
Abchurch-lane ; Mr. W. J. R. Cotton, of Culver-
well, Brooks, and Cotton ; Mr. A. D. De Pass, of
be Pass and Sons; Mr. Abel Heywood, ex-Mayor
of Manchester and director of the Alliance Bank;'
Mr. George 11. Jay, late of the firm of Quilter,
and Jay ; Mr. Thomas Jolly, of Manchester ;
Mr. H. R. Marriott, of Henry Marriott and Co.,
of Manchester ; Mr. George Palmer Robinson,
director of the Alliance Bank ; Mr. Albert Ricardo,
of A. and W. Ricardo ; and Mr. William Rawstron,
of Manchester. Branches are to be established at
Liverpool, Manchester, Glasgow, and other large
towns. The directors are not to receive any remu-
neration until the shareholders have been paid £5
per cent. by way of dividend on their paid up capi-
tal, atter which the directors will receive one-fifth
of the net profits.

.......••• ......

At the Paris Muse this Two O'CLOCK.
day, according to Mr.
R9uter's telegrams, the Three per Cent. Rentes
opened at 66 50.

All the Stock Exchange Markets this morning
have remained particularly quiet, in the absence of
disturbing intelligence from the Continent and
active speculative dealings. A better feeling has
nevertheless prevailed in the English department,
and a few purchases have sufficed to place the
the Funds 3 per cent, higher than they were at the
close of business yesterday, the latest prices for
Consols being 914 for money, and 91:1 for the
account. The New Threes and Reduced Annuities
have been dealt in at 89: ; Exchequer Bills, at
63, dis. to par ndia 5 per Cents, have realised

1104 k a ; ditto Enfaced 4 per Cents., 941 ; ditto
I 5 per Cents., 103; ditto Debentures, 99; and ditto
Bonds, 4s. dis.

In the Foreign Market prices are generally
firmer, but there is not much business.. Turkish
6 per Cents., 1862, are 69 ; do. Consolides, 50i; ;
Mexican, 421 4 ; Greek, 221 ; Spanish Passive,
35e ; do. Certificates, 13,1, 14 ; Portuguese, 48 4 ;
Russian, 881.89+, and the Confederate Loan, 43 45.
Business in the Railway Share Market has been
rather dull, and the tendency of prices have been
downwards Great Eastern have declined lOs.,
Manchester, Sheffield, and Lincoln 155.; and Great
Western, Brighton, North Eastern (Berwick), and
South Eastern, ss.
The Foreign and Colonial undertakings remain
inactive at previous rates.

Bank and Miscellaneous Shares continue without
animation. London and County, however, have
improved to 57;1 ; Imperial Financial are quoted 21
prem.; Queensland Sheep Company, 411 prem.;
Credit Mobilier, y 11 prem. ; Financial Corpora-
tion, 14 21- prem.; and Thames Iron Shipbuilding
Company, 31 34 prem.

BRITISH FUNDS—CLOSING PRICES.
3 per Cent. Consols
Ditto Account, April 8
3 per Cent. Reduced
New 3 per Cent. B9a a i a
Exchequer Bills, £1,000,2!, & 3 per Cent.
.Ditto £SOO
Ditto £lOO and £2OO
Bank England Stk, 4} per Ct., last hf.-yr 23Bi 8 t

INDIAN GOVERNMENT SECURITIES.
India Stock, 101 per Cent., April 1874....
Ditto 5 per Cent. July, 1870
Ditto Account......
Ditto 4 per Cent., Oct, 1888
Ditto Enfaoed Paper, 4 per Cent 941
Ditto 5 per Cent,, Jan. 1872 .. 1041
Ditto 61 per Cent., May, 1879
Ditto Debentures, 4 per Ct., April 1864
Ditto ditto Aug., 1866 99
Ditto Bonds ELM 4 die •
Ditto under £l,OOO
FOREIGN FUNDS—CLOSING PRICES.
Austrian Bonds, 5 per Cent —
Ditto 1859

Brazilian 5 per Cent
Ditto, 1839 and 1859 --
Ditto 4i per Cent., 1852-58-60
Ditto 1863 ..
Buenos Ayres 6 per Cent.... .
i )itt o Account
Cuba, 6 por Cent.
hilian 6 per Cent. —
Ditto 4i pet Cent B4
Colombian 6 Scrip £BO pd: — dis
Danish 3 per Cent., 1825
Equador New Consolidated, 1 per Cent —
Egyptian 7 per Cent lOO t 991
Ditto, Second Issue 'OO /
Greek 5 per Cent., 1824-5, ex-Coupons —
Ditto Account . —
Ditto Coupons
Ditto Account
Italian 6 per Cent.(Alaremmana Railway) 72
Mexican 3 per Cent
Ditto Account
New Granada

Ditto 2 per Cent. —
Peruvian 41 per Cent —
Vitto Account —
Ditto 3 per Cent.
Ditto 4i per. Cent., 1862 ..
Ditto Account
Ditto “ per Cent
Piedinodese, 5 per Cent., Ex. 25f —
Ditto Scrip (1863) £42 Bs. 3d. paid — pm
Portuguese 3 per Cent., 1853
Ditto Account..
Ditto 3 per Cent., 1856, '7, '9, ;GO, 62,'3
Ditto Account 4B/ 8
Russian 5 per Cent., 1822, £ St —
Ditto 3 per Cent 1859 ..
Ditto 5 per Cent, 1862
S trdinian d per Cent —
Ditto Account
Spanish 3 per Cent
Ditto Account —
Ditto New Deferred
Ditto Account .. 461 51
Ditto Passive
Ditto Account 35:1 6 51 a
Spanish Cert. of Coup not funded —
Ditto Account l3l. 14 131
Turkish 6 per Cent. 1854 —
Ditto Account 9l/
Ditto 6 per Cent. 1858
Ditto Account
Ditto £lOO Bonds..
Ditto 6 per Cent. 1862
Ditto Account .. 69 I
Ditto, £lOO Bonds 691 i
Venezuela 3 per Cent.
Ditto Account
Ditto 6 per Cent., 1862
Ditto Account
Dividends on the above payable in Lond ~
THREE O'CLOCK.
Consols Money
Ditto April Account

ELECTION COMMITTEES—(This Day),

BERWICK-UPON-TWEED.

The parliamentary committee appointed to try the merits
of the petition presented against the return of the sitting
member, Mr. Cargill, assembled this morning. The com-
mittee was composed of the following members—Mr. Long-
field, chairman, Mr. Urquhart, Mr. Turner, Mr. Gower,
and Mr. Stanhope.
The whole of the morning was occupied by the opening
statement of Mr. IVelsby, who, at the conclusion of his
remarks, called a witness, whom ho proceeded to examine
at some length to prove a case of bribery against Mr.
Cargill.