The Sun.
London, England, 1863-07-08 00:00:00

COMMERCIAL INTELLIGENCE.

CITY, TWELVE O'CLOCK.

The discount market continues firm, end 4 per
cents. is the general charge fur first class three
months' bills, but occasional business is negotiated
per cent lower.
About £5,000 in gold was taken to the Bank of
E.neland yesterday.

The proprietors of the United Bank of Lon-
don held their half-yearly meeting to-day,
Mr. P. N. Laurie in the chair. The report
of the directors stated that the net pro-
fits for the six months ending June 30 last
after payment of all charges (including the sum of
£82,098 17s. 4d. for interest paid and due to cus-
tomers on their current and deposit accounts), and
-making due provision for all bad and doubtful
debts, amounted to £89,446 lls. 10d., which, with
the sum of £25,222 Os. 10d. brought forward from
Dec. 31 last, left for appropriation £114,668 12s.
Bd. The directors therefore declared an increased
dividend of 18s. per share, clear of income tax, for
the six months ending June 30 last. After this
payment, amounting to £54,000, and appropriating
£60,000 to the reserved fund, which will
thereby be raised to £lOO,OOO, there will
remain a balance of £668 12s. Bd. to be
carried forward to a new profit and loss account.
The Chairman congratulated the proprietary upon
the very satisfactory position of the bank, the divi-
dend having been increased from 15s. to 18s. per
share. The net profits made during the half-year
amounted to £89,000 against £69,000 reported last
January, and in addition to that sum £82,000 had
been for interest on current and deposit accounts,
against £49,000 last year. These sums testified
satisfactorily to the system adopted by the direc-
tors, and that their liberal treatment to customers
was not wholly disadvantageous. The £250,000
lost through the Pullinger frauds had been re-
placed, the reserve fund again stood at the high
figure of £llO,OOO, and during the last three years
the directors had, besides replacing the £250,000,
paid £290,000 in dividends alone.
The annual meeting of proprietors of the Colonial
Bank took place to-day. A dividend of 6 per cent.
for the half-year, being at the rate of 12 per cent.
per annum, was declared.

Two o'CLocK.

At Paris this morning, according to Mr. Reuter's
telegram, the French 3 per Cent. Rentes were
heavy at 68f. 60c.

The market for the English Funds, which closed
yesterday at a rise of / per cent., is still rather
buoyant, Consols being 92i 8 for transfer, and 924
exactly for August next. Speculation is a little
more active, and purchases for investment also pro-
duce a favourable effect. The New Threes and Re-
duced Annuities are 921, ; the 30 Years do., 15 ;
Bank Stock is marked 235 237 ; India Stock, 227 ;
the 5 per Cent. Loan, 1,08; 4 ; the 5 per Cent.
Enfaceu Paper, 107 ; and the 54 per Cent. do., 116.
Exchequer Bills are ls. dis. 2s. prem.

Very little activity prevails in the market for
Foreign Securities, and the changes are not im-
portant. Greek Bonds, however, have advanced to
351 .4.; the Coupons remain at 164 a ; Mexican
are steady at 37; ; the Confederate Loan is 11 Oi
dis.; and the New Venezuelan is also at the same
quotations; Turkish Consotides remain at 501, 51.
Dealings are also officially recorded in Brazilian 5
per Cents. at 101 ; in Danish 1863 Loan, at 90 6 ;
ditto £lOO Bonds, at 91 ; in Moorish Stock, at 964- ;
in Peruvian 1862 Loan, at 874 ; in Portuguese ditto,
at 48; in Russian 5 per Cents., 1822, at 95;
in ditto 41 per Cents., 1850, at 881 ; ditto
1862, at 936 Q ; in Turkish 1862 issue, at 671 68 ;
in Dutch 2* per Cents., at 64 ; and in Italian 5
per Cents., at 711 Z.
In the Railway Share Market the operations have
been on a very restricted scale, and prices have
shown little variation of importance. South-
Eastern have improved about 55., and Caledonian
104. ; while Great E astern have declined ss.
The Foreign and Colonial undertakings have
remained without any material change in value.
Bank and Miscellaneous Snares are in some in-
stances at rather higher quotations. Union of
London have improved to 36* 37; Chartered of
India, Australia, and China, to 301; and Peninsu-
lar and Oriental Steam to 78 78i; Hudson's Bay
Company shares are quoted 4to prem.; Egyp-
tian Trading Company, 6 to 4 prem. ; General Credit
Company I- to 1 prem. ; London Financial ditto, I
to I prem. ; and International Finance 41 to 4t
prem.

BRITISH FUNDS—CLOSING PRICES.
Bank Stock 237 5
3 per Cent. Reduced Annuities
3 per Cent. Consols Annuities
New 3 per Cent. Annuities
New 2f per Cent. Annuities....
iwautties, 30 yrs, expire sth Jan., 188 U —
Ditto for 30 yrs, expire sth April, 1885 l5
Ditto (Red Sea Telegraph), Aug. 1908 —
':lndia Stock 227
Ditto 6 per Cent. IOBHW
Ditto Enfaced Paper, 4 per Cent —
Ditto 5 per Cent
Ditto 5-1 per Cent
Ditto Debentures, 4 per Ct., Oct., 1863 100
Ditto ditto April, 1864
Ditto Bonds £l,OOO
Ditto under £1,000..
I adia Stock for Account, 5 per Cent —
Console for Account, July 9 92i
Marcia June
Exchequer Bills, £l,OOO 2} per Cent.. 2 pm 1 die
Ditto Jl5OO
Ditto Small -.• 2 pm

FOREIGN FUNDS—CLOSING PRICES.
Brazilian 5 per Cent
Ditto, 1839 and 1859
Buenos Ayres 6 per Cent —
Ditto Account
Danish 4 per Cent., 1863
Dato £lOO Bonds 9l
Egyptian 7 pet Cent —
Ditto, Second Issue
Greek 6 per Cent., 1824-5, ex-Coupms — Ditto Account..
Ditto Coupons 162 2 2
Italian 5 per Cent.(Maremmana Railway) 791
Mexican 3 per Cent
Ditto Account
Moorhen Imperial 5 per Cent
Peruyian 41 per Cent.
Ditto 1862 —
Ditto Account
Portuguese 3 per Cent., 1853
.oitto Account 4Bl 8
Ditto 3 per Cent., 1856, '7, '9, '6O, 62 —
Ditto Account 4B /
Russian 5 per Cent., 1822,-£ St 95
Ditto 4i per Cent.,- 1850
Ditto 3 per Cent., 1859 582
Ditto 5 per Cent. 1862
Spanish 3 per Cent
Ditto Account 6l
Ditto
Ditto Account
Ditto Passive .. •• • • --
Ditto Accouni,
Spanish Cert. of Coup not funded
Ditto Account
Turkish 6 per Cent. 1854 Ditto Account .. 922 1
Ditto 6 per Cent. 1858
Ditto £lOO Bonds 74
bitto'6 per Cent. 1862
Ditto Account
`Venezuela, 3 per Cant
Ditto Account
Ditto 6 per Cent. 1862
1862 _
Ditto Account . 562
Dividends on the above payable in London.
Du
11an215 per Cent.,_ Ex. 12 Gull 4
Itat9ll 641
tlitt; Ic),e(l.tieuent., 1861, Ex. 25 francs —
bittu se t 7lB i 2 2
rip, 1863, 14 4s. paid ll pm
Consols, Mote THREE O'CLOCK.
Ditto Attalla
4ecount
L

Iverpool Cotton Market—This Day.
,
(REUTER'S RA.M.)
Sales about 5,000 baIesTELEG. change. Import,
1,167 bales ; previously, 2,073.

THE LATE GENERAL (SToNEWALL)i-
3)ACKSON.—A
committee consisting of the Earl of
_noughmore,
Lord Campbell, Lord Eustace Cecil, Sir C.
m.p., Mr.
w:ms.lterrison,
Bart., M.P., Mr. Gregory,
_Lindsay,
M.P., Sir James Fergusson, Bart., M.p., the
Dancombe, 1k1.P., Coutts Lindsay, Bart E.
Beresford Hope, Mr. Peacocke, M.P., and oihnierng.genf.tole:
men, has been formed for the purpose of obthi
Great Britain a recognition of the worth of Gen. Thomas
ams
J. Jackson, as a hero and a Christian. The committee have
arranged with Mr. Foley, R.A., to execute a marble statue,
heroic size, of the General, for £l,OOO, while £5OO may be
required for pedestal, inscription, end other extras. They
state that it is tot intended that subscriptions to the statue
should imply any opinion on the merits of the American
struggle. The completed statue is to be offered to Virginia.

3.14.

Bir., Wol., and Str.
Blythe and Tyne.
Bost.,Sleat.,andnid.Co
Bristol and Exeter
Caledonian
{=ork and Bandon
Cornwall
Do A A gets no di
B Whip e.p an.ha,
• been paid to B.
Dublin & Beltast June.
Dun.,Perth,&Ab. June.
Edinburgh & Glasgow.,
Glasg. and S. Western.
Great Eastern, Ord. stki

at Ditto A stock
at Ditto EastAnglian st
st GreatNorthOf Scotland
at Great Northern
at Do A stock
at Do B do
st Gt. S. an IW. of Irelano
at Great Western
st Do Str Val ua. stock
st Lancashire & e
st London and BlackwaU
at Lon., Bright.,& S. Coast
at Lon., Chat., and Dover
st Lon. & North Western
at Lon. & So.th Western
at Man., Shef., & Lincoln.'
50 Maryport and Carlisle
124 Do t shares • ,•
10 n etropoli tan
at Midland
i. 4.0 Do New

Do Birming. & Derby
Mid. Gt. W. of Ireland

Do. 4 shares
Mid Kent

Do Cray Line
'North British
Edin., Perth, & Dundee
Nth. Eastern—Berwie!,
Do, G.N.E. purehasr
Do Lecds
Do York

1.15.1

Do Carlisle
North London
Do New

North Staffordshire
N. and S. W. Junction
Scottish Central
Scot N. E., Aber. stock
Do Scot Mid. stock
Shrews, and Welchpooi
Shropshire Union
South Devon
South Eastern
South Wales
S. York. and River Dun
Wok.,au dWo k.
Stockton & Datlington

Do
Do New, 1866
Taff Vale..
Do B

Do C
Ulster

Do
Do ....

,tk_

stock
stock

stock
100
100
100
100
100
100
100
100
stock

stock
204
20
100
100

Vale of Neath
Victoria sta. and Pim
Waterford & Kilkenny
%Vest Cornwall
W. Hartlepool Har.&R
West Midland -Oxford
Do Newport
Do Hereford

8 Si
- -
81 81
85 87
117 118

6 6i

40 41
15 1i
93 94
109 111
524 534
49 5i
24a- 15}

127 k uni
123 130
134 136
101 103
66 6N

112
75&
118
44
104
105
454

12 2 1
1281 ; 128 i 1
1414)
97 99

51 53i
24i 25
1021 1031

59 60 1
891 901,

116 118
a
164 164
111 12i
121 123
46 i 7
99 101

50 52
32 33
911 J2i
69 71
100 102
74 8
88 39
10 11
8 86 p
153 156
51 51
3 3i p

78 82
156 160

,SSE

Paid. '1
all

100
100
100
100
10r,

100
(Ini•
15
1
k. 10(

~Llt iN