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

COMMERCIAL 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
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 accoun ts), 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 fur d, 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 f per cent., is still rather
buoyant, Consols being 94 -3 for transfer, and 92i
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 92f 1; the 30 Years do., 15 ;
Bank Stock is marked 235 237 ; India Stock, 227 ;
the 5 per Cent. Loan, 108; 1; the 5 per Cent.
Enfacect Paper, 107 ; and the 54 per Cent. do., 116.
Exchequer Bills are Is. 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
35; ; the Coupons remain at 161 *; Mexican
are steady at 37 f ; the Confederate Loan is 11 o
dis.; and the New Venezuelan is also at the same
quotations ; Turkish Consolides remain at 501 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 961 ;
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 931 1 ; in Turkish 1862 issue, at 671 68 ;
in Dutch 2* per Cents., at 64 f ; and in Italian 5
per Cents., at 711 *.

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
los. ; while Great Eastern have declined ss.

The Foreign and Colonial undertakings have
remained without any material change in value.
Bank and Miscellaneous Shares 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 78 784; Hudson's Bay
Company shares are quoted to / prem.; Egyp-
tian Trading Company, I to I prem. ; General Credit
Company 1 to 1 prem. ; London Financial ditto, 1
to 1 prem, ; and International Finance 44 to 41
prem.

BRITISH FUNDS—ONE O'CLOCK.
liTtrift Stock 237 5
3 per Cent. Reduced Annuities
3 per Cent. Consols Annuities
New 3 per Cent. Annuities
New 2i per Cent. Annuities —
Atinunies, 30 yrs, expire 6th Jan., 1880 —
Ditto for 30 yrs, expire sth April, 1885. 15
Ditto (Red Sea Telegraph), Aug. 1908.
India Stock
-Ditto 5 per Cent lOB/ 3/4 ?' t
Ditto Enfaced Paper, 4 per Cent ..
Ditto 5 per Cent
Ditto 53/4 per Cent
Ditto Debentures, 4 per Ct., Oct., 1863
Ditto ditto April, 1864
Ditto Bonds £l,OOO —
Ditto wider £l,OOO
Ine.ia Stock for Account, 5 per Cent —
Crinsols for Account, July 9 921

. _
March
-Exchequer Bills, £l,OOO 2} per Cent 2 pm
Ditto £5OO
Ditto Small —..

June
I die
2 pm
2 pm

_
FOREIGN FUNDS—ONE O'CLOCK.
Brasilia% 5 per Cent
Dab-, 1839 and 1859
Danir:b.'4 per Cent., 1863
D..tto £lOO Bonds.. 9l
Gt,Jek 5 per Cent., 1824-5, ex-Coup,ms —
Ditto Account..
Ditto Coupons l6a I
Mexican 3 per Cent
Ditto Account 37
Moorish Imperial 5 per Cent
Peruvian 4f per Cont.
Ditto 1862 —
Ditto Account B7#
Portuguese 3 per Cent., 1853
Ditto Acicount 4B/
Ditto a per Cent., 1856, '7, '9, '6O, 62 —
Ditto Account
RUBBiP.II b per Cent., 1822, £ St 95
Ditto 4} per Cent., 1850
D'Ato 5 per Cent. 1862
Sly tnieh 3 per Cent
Ditto Account
Ditto New Deferred ..
Ditto Account
Ditto Passive
Ditto Account..
Spanish Cert. of Coup not funded
Ditto Account
Tarkish 6 per Cent. 1854 —
Ditto 6 per Cent. 1862
Ditto Account 6B 71 8
Dividends on the above payable in London.
utch 2/ per Cent., Ex. 12 Guil 64/
Italian, 5 per Cent., 1861, Ex. 25 francs —
Ditto Account
consols TWO O'CLOCK.
, Money
Ditto August Account

Course of the Exchange—Yesterday.

11 161
Amsterdam
....... Short. 11 16
Ditto . .3M th.... "18 11 185
Rotterdam' **********
°ll
) -1
I 1 181 11 185
An,_ e ........ -- 4 25 524
REnla,, L 1::. ........ ... -- 25 474 0, 524
ambeuiii., ........... _ 25 474 `"
13 8i
Paris ........ 13 n 25 30
.......... Short 25 20
Ditto* . .....
25 55
llarseillezi ..... 3 Months. 25 50
Frankfort otiißaa
i I .
..
5... 25 50 25 55
Vienna ....
119 k • 119
Trieste ..g
. . —
..
11 25 11 35
.........
Feter3burgh ......
36 364 11 25 11 35
Berlin ......
Madrid .••
Cadiz
--
49 491
Leghorn 4Bi
494
"
Milan 25 574 2,5 625
---
Genoa ?,5 574 25 625
Naples
---
254
65 575 25 625
Messina
_
5 625
Palermo - 60 9
25 625
Lisbon
25 60
25 625
--521
Oporto 624
521
Foreign Gold in Bars (Standard), per oz.. 63.... £3 17 9
_ ........ 0 0 0
Mexican Dollars

DEATH FROM THE STINGS OF BEES.--.Two cases
of death from the stings of bees have just occurred
in France. At Pousthomi (Aveyron) a child 3 Years of
age, while alone in a garden, having approached to near a
hive, was attacked by the bees and so severely stung as to
expire shortly after. The concierge of Fcrt Belin at Salina
(Jura), while occupied two days back in hiving a swarm or
of bees which had approached his residence, was also so
ranch stung on the hands that he died within an hour after.
Remedies were applied, but without avail.