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

11-0-liY MARKET

AND

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
I 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.
&I. 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
L 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
corried 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.
:tor the half-year, being at the rate of 12 per cent.
pt'r annum, was declared.

Two O'CLOCK.

At Paris this morning, according to. Mr. Renter's
telegram, the French 3 per Cent. Rentes were
heavy a: 68f. 60c.
The market for the English Funds, which closed
yesteiday At a rise of 4 per cent., is still rather
buoyant, CoLisols being 92 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 921 1; the 30 Years do., 15 ;
Batik Stock is marked 235 237 ; India Stock, 227 ;
the 5 per Cent. Loan, 108 k 1-; the 5 per Cent.
Enf aced Paper, 107 ; and the 51 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 ; the Coupons remain at 164 4 ; Mexican
are steady at 37 a ; the Confederate Loan is 11 04
dis.; and the New Venezuelan is also at the same
quotations ; Turkish Consolides remain at 504 51.
Dealings are also officially recorded in Brazilian 5
per Ceuta. at 101 ; in Danish 1863 Loan, at 90 4 ;
ditto £lOO Bonds, at 91; in Moorish Stock, at 964- ;
in Peruvian 1862 Loan, at 874 ; in Portuguese ditto,
at 48; in Rusin 5 per Cents., 1822, at 95 ;
in ditto 41 per Cents., 1850, at 881; ditto
1862, at 937.-, ; in Turkish 1862 issue, at 671 68 ;
in Dutch 21- per Cents., at 64 i; and in Italian 5
per Cents., at 711 b.
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 Great 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 36} 37 ; Chartered of
India, Australia, and China, to 30/ ; and Peninsu-
lar and Oriental Steam to 78 784; Hudson's Bay
Company shares are quoted -1 to I prem.; Egyp-
tian Trading Company, / tol prem. ; General Credit
Company to 1 prem. ; London Financial ditto,
to I prem, ; and International Finance 44 to 41
prem.

BRITISH FUNDS—CLOSING PRICES.
Pank Stock
3 per Cent. Reduced Annuities
3 per Cent. Consols Annuities
New 3 per Cent. Annuities
New 2i per Cent. Annuities....
taintuties, 30 yrs, expire sth Jan., 1880 —
Ditto for 30 yrs, expire sth April, 1885 l5
Ditto (Red Sea Telegraph), Aug. 1908 —
India Stock . 227
Ditto 5 per Cent
Ditto Enfaced Paper, 4 per Cent ..
Ditto 5 per Cent
Ditto 51 per Cent
Ditto Debentures, 4 per Ct,, Oct„ 1863 100
Ditto ditto April, 1864
Ditto Bonds £l,OOO —
Ditto under £l,OOO —
India Stock for Account, 5 per Cent —
Consols for Account, July 9
Marco. June
Exchequer Bills, £l,OOO 2} per Cent.. 2 pm 1 die
Ditto £5OO — 2 pm
Ditto Small — 2 pm

FOREIGN FUNDS—CLOSING PRICES.
Brazilian A per Cent
Ditto, 1839 and 1859
Buenos Ayres 6 per Cent
Ditto Account
Danish 4 per Cent., 1863
Ditto £lOO Bonds.. 9l
Egyptian 7 pet Cent —
Ditto, Second Issue
Greek 6 per Cent., 1824-5, ex-Coup.rns --
Ditto Account.. I I
Ditto Coupons l6a 2
Italian 5 per Cent.(Maremmana Railway) 79k
Mexican 3 per Cent ....
Ditto Account
Moorish Imperial 5 per Cent
Peruvian 4f per Cent.
Ditto 1862 —
Ditto Account
Portuguese 3 per Cent., 1853
Ditto Account 4B/ 8
Ditto 3 per Cent., 1866, '7, '9, '6O, 62 —
Ditto Account
Russian 6 per Cent., 1822,-£ St 95
Ditto 4i per Cent., 1850
Ditto 3 per Cent., 1859 sBt.
Ditto 5 per Cent. 1862
Spanish 3 per Cent
Ditto Account 54
Ditto New Deferred —
Ditto Account
Ditto Passive
Ditto Account.. 33
Spanish Cert. of Coup not funded .. —
Ditto Account l2/ 2
Turkish 6 per Cent. 1854 —
Di Dittoto Account .. 921
t 6 er Cent.
Ditto, £lOO Bonds 1858
74
Ditto 6 per Cent. 1862
Ditto Account 6B 78 8 71
Venezuela, 3 ner Cent
Ditto Account _
Ditto 6 per Cent. 1882 1862
Ditto Account.
Dividends on the above payable in London.
otitch 21
per Cent., Ex. 12 Guil
Italiatt, 64/
641:cer Cent., 1861, Ex. 25 francs Ditto
Ditto ount
scrip, 1863, 41445. paid l} pm
Consols, Money . THREE O'CLOCK.
Ditto Anil.. .
.. ,aceollut
92i 4
......
--.!----._

Liverpool Cotton ivr s
Day.
(REV-Mira TEVEGRAM
Sales about 5,000 bales. N.
change, Impor
1,167 bales; previously, 2,073.

(sToistrwAL Ks" A
TUE LATE GENERAL
SirC.
notitimore,
committee consisting of the Earl of Dolke-----A.
mr.
S.
m.p., the
Bon. Lord Campbell, Lord Eustace Cecil,
Bart., Mr. Gregory, M.P.,
M.P., Sir James Fergussou, Bart.,
Duncombe, M.P., Coutts Lindsay, Bart., mr°ll* E.
eAn*tl-*
Beresford Hope, Mr. Peacocke, M.P., and other
men, has been formed for the purpose of obtaining from
Great Britain a recognition of the worth of Gen. Thome,
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, and other extras. They
state that it is not intended that subscriptions to the statue
should imply any opinion on the merits of the American
Struggle. The completed statue is to be And to Virginia.