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

COMmviRCIAL INTELLIGENCE.

CITY, TWELVE O'CLOCK.
The discount market continues firm, and 4 per
cents. is the general charge for first class three
months' bills, but occasional business is negotiated
k per cent lower.

About £5,000 in gold was taken to the Bank of
England 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 nn 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 flied, 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 19'
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 I
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. Renter'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, Console being 92k g for transfer, and 92;
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 92k 4 ; the 30 Years do., 15;
Bank Stock is marked 235 237 ; India Stock, 227 ;
the 5 per Cent. Loan, 108* I; the 5 per Cent.
Enfaceu Paper, 107 ; and the 5* 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
35i *; the Coupons remain at 16/ t ; Mexican
are steady at 37 a ; the Confederate Loan is 11 0*
die.; and the New Venezuelan is also at the same
quotations ; Turkish Consotides remain at 50k 51.
Dealings are also officially recorded in Brazilian 5
per Cents. at 101 ; in Danish 1863 Loan, at 90 *;
ditto £lOO Bonds, at 91; in Moorish Stock, at 96-1 ;

in Peruvian 1862 Loan, at 871 ; in Portuguese ditto,
at 48; in Russian 5 per Cents., 1822, at 95;
in ditto 41 per Cents., 1850, at 881 ; ditto
1862, at 9381 ; in Turkish 1862 issue, at 671 68 ;
in Dutch 2f per Cents., at 64 1; and in Italian 5
per Cents., at 711 1.
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
10s. ; while fareat Eastern 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 361 37; Chartered of
India, Australia, and China, to 304; and Peninsu-
lar and Oriental Steam to 78 781, ; Hudson's Bay
Company shares are quoted -,1-; to 1 prem.; Egyp-
tian Trading Company, -1 tol prem. ; General Credit
Company to 1 prem. ; London Financial ditto, 1
to I prem, ; and International Finance 44 to 4i
prem,

BRITISH FUNDS—ONE O'CLOCK.
Bank Stock 237 5
2 per Cent. Reduced Annuities
3 per Cent. Consols Annuities 921 1
New 3 per Cent. Annuities
New 21 per Cent. Annuities
Annuities, 30 yrs, expire bth Jan., 1880 —
Ditto for 30 yrs, expire sth April, 1885 l6
Ditto (Red Sea Telegraph), Aug. 1908 —
India Stock 227
Ditto 6 per Cent lOBl 1 1 1
Ditto Enfaced Paper, 4 per Cerat —
Ditto 5 per Cent
Ditto 51 per Cent
Ditto Debentures, 4 per Ct., Oct., 1863
Ditto ditto April, 1864
Ditto Bonds £l,OOO —
Ditto under £l,OOO —
India Stock for Account, 5 per Cent —
Consols for Account, July 9 92/
Mama June
Exchequer Bills, £l,OOO 21 per Cent.. 2 pm 1 dis
Ditto £5OO
Ditto Small — 2 pm
FOREIGN FUNDS—ONE O'CLOCK.
Brazilian 5 per Cent
Ditto. 1839 and 1859 lOl
Danish 4 per Cent., 1863
Ditto £lOO Bonds 9l
Greek 5 per Cent., 1824-5, ex-Coupons —
Ditto Account.. 351 1 I
Ditto Coupons l6l 1
Mexican 3 per Cent
Ditto Account 37
Moorish Imperial 5 per Cent
Peruvian 41 per Cent.
Ditto 1862
Ditto Account
Portuguese 3 per Cent., 1853
Ditto Account 4B/
Ditto 3 per Cent., 1856, '7, '9, '6O, 62 —
Ditto Account ...... 4B
Itaissian 5 per Cent., 1822, £ St 95
Ditto 41 per Cent., 1850
Ditto 5 per Cent. 1862
Spanish 3 per Cent
Ditto Account 54
Ditto New Deferred —
Ditto Account
Ditto Passive
Ditto Account.
Spanish Cert. of Coup not funded
Ditto Account.... l2l 1
Turkish 6 per Cent. 1854 —
Ditto 6 per Cent. 1862
Ditto Account 6B 71 8
-Dividends on the above payable in London.
Dutch 21 per Cent., Ex. 12 Guil 64/
Italian, 5 per Cent., 1861, Ex. 25 francs —
Ditto Account 7ll 1 I

TWO O'CLOCK,
consols, Money
-Ditto August Account