The Sun.
London, England, 1863-01-21 00:00:00

MONEY MARKET

AND

COMMERCIAL INTELLIGENCE.

CITY, TWELVE O'CLOCK.
There is a moderate inquiry for discount accom-
modation, and the best short-dated-bills cau be
negotiated at 31 per cent.
On the Bengal division of the East Indian Rail-
way the traffic receipts for the week ending the
19th of October last amounted to £8,109, against
£6,012 in the corresponding period of 1861. The
earnings on the North-West Provinces division
were £2,765 against £3,747 in the previous year.
The report of the Port Phillip and Colonial Gold
Mining Company, issued in anticipation of the meet-
ing, recommends a dividend of 2s. 63. per share,
forming, with the distribution of ls. i❑ July last,
the fifth dividend, at the rate of 3s. 6d. per share,
being at the rate of 17 per cent. per annum on the
original capital.
The continental exchanges yesterday afternoon
exhibited no material alteration.
The thirteenth half-yearly meeting of the Na-
tional Discount Company was held to-day—Mr.
F. W. Russell, M.P., in the chair. Tee following
is the report submitted for the approval of the
shareholders :—The accounts for the half year end-
leg 31st December last, show a gross profit of
£49,581 13s 4d, and that after providing for the
current expenditure, directors' and auditors' remu-
neration, and reserving £14,556 64 10d for rebate
of interest on bilis yet due, there remains for appro-
priation the sum of 129,599 14e 61. With results
so satisfactory, the directors recommend that the
dividend shall be increased to the rate of 8 per cent.
per annum, free of income tax, which wilt absorb
£15,41316e., and that the balance of £14,185 18e 6d
be carried to the credit of the reserve fund, which,
with interest, will then amount to £57,744 18s 4d.
The chairman stated that he was sure the accounts
would be favourably received. The affairs of the
undertaking were in every way satisfactory. They
had not achieved any very extraordinary results
during the past six months, but the progress of their
establishment had been steady and gradual. During
the last two years the directors had not made any
bad debts, but the proprietors must not expect the
company to possess for ever an absolute immunity
from the consequences of trade. No one could foresee
the operation of future events, and it was not likely
that the directors could always hope to have an
entire freedom from bad debts. There was not one
account on the books from which any loss was ap-
prehended. In attaining their present position
great difficulties had to be surmounted. There
were 2,931 shares unallotted, and, in conformity
with the expressed wish of the shareholders, it was
intended to dispose of them, with the object of car-
rying the premium upon them to the reserve fund.
A resolution was passed.for registering the company
under the recent Act of Parliament for the regula-
tion of joint-stock companies.

Two O'CLOCK.

The Three per Cent. Rentes opened to-day, at
Paris, at 701., being k per cent. better than yester-
day.

The Liverpool cotton market to-day was steady.
Sales about 4,000 bales.
The shareholders in the London and Westminster
Bank held their annual meeting to-day, at which
Mr. Alderman Salomons, M.P., presided. The fol-
lowing statement was submitted to the meeting :
" The directors have to report that, after making provi-
sion for all bad and doubtful debts, paying the income tax,
setting apart £2,000 toward.. the buildings of the bank, and
presenting a gratuity of 10 per cent. on their salaries to
all the officers of the establishment, the net profits of the
bank for the last half-year amount to £llO,BBB 6s. 3d.
This sum, added to £19,921 13s. ld., the unappropriated
balance of the preceding half-year, will amount to £130,809
19s. 4d. Out of this amount interest on the rest or sur-
plus fund at the rate of 5 per cent per annum (£6,406 58.)
has been added to such fund, which now amounts to
£262,655 ss. The directors now declare a dividend to the
shareholders at the ra•e of 6 per cent. per annum, and by
way of further dividend out of the profits, a bonus of 9 per
cent. on the paid-up capital. After these payments are
made there will remain a balance of £4,403 Hs, 44. to be
carried to profit and loss account for the current year."
The chairman, who moved the adoption of the re-
port and accounts, congr,tulited the shareholders
upon the continued and prosperous career of the
bank, and said that not withstanding the depression
of trade during the preceding year, and the estab-
lish,ne::t of rival institutions, they have been ena-
bled to divide 22 per cent., and to have secured a
rest or surplus fund amounting to 1262,656. The
motion was, after a brief discussion, unanimously
carried.

No change has taken place to-day in the market
for English Funds, th, small amount of business
negotiated having failed to produce the slightest
fluctuation. Conso!s therefore remain at 92* a for
transfer, and at 92a for the sth proximo. The
New Threes and the Reduced are firm at 92i ;
Exchequer Bills, 6s. to 75. prem. Bank Stock is
flat at 235; India 5 per Cent. Loan, 1081 ; and the
5 per Cent. Enfaced Paper, 1081 4.
Continued firmness is perceptible in the Foreign
Market, but business is quiet. Egyptian are 944
95; ditto, 2d i',sue, 941, 95; Greek Coupons have
improved to 69 7 ; Peruvian New Loan, 874 88 ;
Portuguese ditto, 46ii ; Russian ditto, 96 ; Spanish
Deferred, 461; ditto Passive, 24.9; and the Certifi-
cates, 91 10 ; Tutkish 6 per Cents., 1854, 852 ;
ditto, 1862, 66* 67 ; and the Consolides, 401 Q ;
Italian 5 per Cents. have risen to 691 s ; but the
Venezuelan New Loan is flat, at GO -I.

A firmer tone prevailed in the Railway Share
Market. The dealings, however, were not very
extensive. Great Eastern, Lancashire and York-
shire, Metropolitan, and South Eastern 3 improved
65.; and North Westerns, 10s.; North Eastern
(Berwick), however, have declined ss.
The Foreign and Colonial undertakings were
in moderate request, without any material change
in values. South Austrian and Lombardo-Venetian
realised 231 ; San Paulo, 23 Bahia and San
Francisco, 211- ; Recife and San Francisco 19 ;
East Indian declined to 107 ;1,-, ; and Great Indian
Peninsula to 1051 6.
Joint Stock Bank and Miscellaneous Shares
were in some instances at rather higher rates.
Bank of London and Buenos Ayres improved to
14; English, Scottish, and Australian Charteri-d
to 2l1; Crystal Palace Stock declined to 31 and 32;
and National Discount Company remained firm at
8.,1. The shares of the British and American Ex-
change Bank are 6 prem.

BRITISH FUNDS— ;LOSING PRICES.
Bank Stock
3 per Cent. Reduced Annuities .. 9'23/4 I i i
3 per Cent. Consols Annuities ..
New 3 per Cent. Annuities
New 2i per Cent. Annuities...
India Stock
Ditto 5 per Cent
Ditte Enfaced Paper, 4 per Cent ..
D tto 5 per Cent
D• , bonds t1.90U .......... —
Ditto uuder £1,000... ..
Console for Account, Feb. 5 92 i
Exchequer Bills, £lOOO, 21 per Cent 6 7
Ditto £5OO ............ 6
Ditto Small

FOREIGN FUNDS—CLOSING PRICES.
Brazilian 5 per Cent • • . 00000 --
Ditto 42 per Cent., 1852-58-60
Chilian. 6 per Cent
Ditto 41 per Cent .............. ...
Egpptian 7 per Cent .................
Ditto, Second Issue .......
Greek 5 per Cent. 1824-5, ex-Coupons, —
Ditto Coupons . .
Mexican 3 per Cent ........... .
1
Ditto Account
2 4
Peruvian 41 per Cent.
Ditto Account
Ditto 1862
Ditto Account B7i 8 n 8
Portuguese 3 per Cent., 1853
Ditto Account
47 /
!Ditto . 1862
Russian 6 per Cent., 1822, £ St —
Ditto 41 per Cent., 1850
Ditto 3 per Cent., 1859 ..
Ditto 5 per Cent. 1862
Spanish 3 per Cent -
Ditto New Deferred
Ditto Passive
Spanish Cert. of Coup not funded
Turkish 6 per Cent. 1854 , 85i
Ditto 6 per Cent. 1858
Ditto Account. 7l/
Ditto 6 per Cent. 18'32
Ditto Accoum.. 661 7 61 _
Venezuela, 3 per Cent
Ditto Account 231
Ditto 6 per Cent., 1862
Dividends on the above payable in London.
Italian, 5 per Cent., 1861, Ex. 25f 691
Ditto Acoo* 69 a
THREE O'CLOCK.
Consols, Money
DiLt9AMllllteitttstitttlititititt, 921 V

SHARE MARKETS—This Day.

ORDINARY SHARES AND STOOKS.

i raid.t Closing BUBilleSB
I 1
--
- ,
Share; Railways. Price. ! done.
( (
13.14 Bir., Wo 1., and Str. Val! all 8 84
25 I Blythe and Tyne. ! all
10 ! liost.,Bleat.,and Rid.k_!o ! all et 61
st Bristol and Exeter , 100 86
st Caledonian 1 101 114 1144 1144 4
50 Cork and Bandon all
20 (Cornwa ii I all 64 21
10 1
A gets no 01\
IDo A ii, ,' r all
v
10 I Do. B t npe.pall.llaS tan _
.....
been paid to B. )
50 !Dublin A; Belfast, June. all 41 43
25 I [inn., Perth,& Ab..Tunc. all 13 14
st Edinburgh & Glasgow. 100 86 67
st !Glass. and S. Western. 100 105 107
st iGreatEastern, Ord. stkl 100 45 46 454
51 I Ditto A. stock
at ! Ditto East. Anglian st 100 234 241
st IG reatNorthot Scotland . 100
st ;Great Northern ......
st Do A stock
,t Do Bdo
5 Do. £5 shares 1 all
et !Gt. S. an ! IV. of Ireland! 100 104 106
st :Great Western ! 100 67 (71 67 i 4 fi
st I Do Str Val :gun. stock( 100
st ;Lancashire & Yorkshire 100 1094 1101 109; 10
st 'London and illackwal, I 100 71 73 72} lf
st ;Lon., Bright.,& S. Coast' 100 117 118
at (Lon., Chat., and Dover 100 38 39 384
st ;Len. & North Western 100 974 88 07, 84
st Lou.i & South Western 100 1025 1(.35 103 }
st Ulan., Shet., & Lincoln. 100 414 424
50 ;Maryport and Carlisle all
124 , Do 4 shares
10 Metropolitan all vg- pi 10} 94
81 (Midland
5.4.0 Do New
at I Do Birming. & Derby 1.00 97 99
10 Mid Gt. \V. of Ireland all
?5 Do. 4 shares
25 ;Mid Kent
10 I Do Cray Line
et (North British
s 1 lEdin., Perth, & Dundee 100 254 2111
st INtlt. Eastern—Berwie, 100 991 991 994
25 Do, G.N.E. purchas, 16.13.4 —(. d
st ' Do Leeds ioo t,7 8,8
41 ! Do York
st I Do Carlisle lOO 128 130
st North London
11' I New -'
19.16.4 NortDo h Staffordshire
I's N. and S. W. Junction all II 114
St IScottish Central
st 'Scot N. E., Aher. stock 100 48 49
st ' Do Set. Mid. stock lOO 104 106
10 Shrews. and Welehpool all
at 'Shropshire Union
at 'South Devon lOO 33 34
st South Eastern
st ,South Wales
st S. York. and River Dun 100 101 104
20 staines,Wok.,andWok all 7 5
25 Stockton & Darlington all 384 394
25 Do l5 10 10i p
25 Do New, 1860 6 7 74 p
st Taff Vale.
10 Do B 8 4} 5} t,
10 Do C 3 2/ 3z p
50 Ulster
25 I Do
12.10 Do
st IVale of Neath
st IVictoria sta. and Pim lOO 140 145
st (Waterford & Kilkenny 100
Ft (West Cornwall lOO 29 31
at 'W. Hartlepool Har.&R i 100
St West Midland Oxford( 100 42 44
st i Do Newportt 100 35 37
st I Do Hereford 100 94 26

BRITISH POSSESSIONS.
I 1 Closin,2
I Sharel Railways Paid.' Price. nsiness done
_
100 !Atlaniic &St Lawrenc, all 65 67 65
f I Bom.,Barodalz.Cent Int
6416 100 105 106 1051
Gu. 5 per cent.
20 Do. New
205 Buffalo and Lake Huron all 5 5}
110 Do. Preference ...... all 71 84
100 f IButfalo,BrantAGodriel 100 80 03
( re p. ct. bds. Aug. 1, 1,872
100 Do. do. July 1, 1877 100 73 76
100 Do. do. June 1, 15':4 100 73 76
st Clout tc...& S.Eastn. ( Lit ) 100 104 106 105}
st Cape Town & Dock Seri! 100 108 it-9r
stock Eastn. Bengal gm. sp. t 100 106.1 1071
stock East Ind:an, au. sp. c. 100 106 1174 107 4
20 Do. do. G Ext..... 5 1 lip
20 Do. do. H do. .. 5 6 1p 51 1
stock Grand trunk of Canada lou 211 224
100 Do. 3 per cent. Pref.. all 75 77
100 Do. 2d Pref. 6 per ct.. all 65 67 65
100 Do. 6 per ct. Debentr. all 34 36 3*
100 Do. 7 per cent. 1862 .. all 48 52 481 9 4
100 Do. do. 1867 .. all 34 311 34
100 1)o. do. 1872 .. all 34 36
stock Gt.lndiaPenin.gua.sp.c. 100 1051 1061 106 5 6}
20 Do. New gua. sp. c... 12 4 4 p
20 Do. January, 1852 .. 4 4 Il'
stock ,Gt. Soutit.ot India(Lim
unarantead 5 per cent. 100 104 101 1055 i
201 'Gt. W. of Canada Share, all 121 12*
204 Do. New .. .. . .... . 15 8 71,1
100 Do. 6 p.c. 73 with't opt.all 99 101 100
I 100 Do. 55 p. c. do. '77-8 . all 92 94
10 Indian Branch Limited 4'. 5 4p
stock Aladras'guar., sp.c. .. 100 103 tut 103* 4
stock Do. 41 p. c. Extension 100 97 99
stock De. 4 d 0........ 100 93 5 94
20 Do. Fifth Extension. 2
stock ttt•lb.coro.., p. a. Bad 100
50 ;Hell). & Hobson's Bay. all 52 53
100 Do. 7p. c. Alortg. Bds. al,
to ‘Tcwllr uns wick a Can, i
Class A Capital Shan! all 3 5
10 Do. do. B Capital do. . al, 3 !)
N.III.C'da.6 pc Ist ptbds 100 83 15
stoc, Acinde .... • •
(') !
•• • • )
at I Do. Delhi ~ It 51 (061
I 4 t: 100 1( 21 114 1004
Do. do ' is - 2 -- p
20 Do. Punjaub ..... tt e. 15 i P
st Do. Do. . .... ',,,?.. P , ~0 ¶O4 105 1011
4.1411 110. I rplus.,-; t.:1410.) - 11;.: 99 101 ~
'' 'LON ! AO, Pittil 1,',1i ',', M 3,',N 'l' 4.; PO', C. till -'''•.
1.,,,1r.,,p.e..)4 ~;,Joi) 1
I 1877-8*
Do. op. e. Feb. tz, Ana.' 100 11:6 108
, Do. 6p. c.lti!,r.lz. Sept. 100 106 P 8
, Do. sp. c. Jan.&July. 100 855 961 96 4
1 Do. 5 Inscribed stook, 100 1:4 S 6
cape G.Hope, 6 p 0,1871 100 10 , 110 103
Do.Ap a, Oct. 1880. 100 111 113
Do. 1890 i 100 112 114
, Do. Jan. & July, 1891.., 100 111 113
;Ceylon, N0v.1831, 6p c' 100 -
-- 1 N..i.Gov. o p.c..) a.,,z•July I 100 104 105
Lo. 6p. o.Ap. & Oct. 100
N. S. \V. Gov. 5 p c.,1806 100 10) 101
Do. 3p. e.,1871 to 1876 100 995 1001
Do. d0.,1888 &upwds 100 99 093 994 4 i
New Zealand 6p. cent. 1(0 109 111
Nova Scotia Gov. 6p. c.
ster:in:;, 1875 ' 100 105 106
, Queensland Gov. 6p. C 100 d 9 11:
' :-,.Ans Colp.c.lB7C,.&up ' 100 109 11l
i Vle.Gov. 6 p.c. Ja.&July: 100 107 109 1084
!Do. to o p.c. AnAtOet... . 1100 1( 91 llo} 109110*
BRITISH MINES.
2 ;Cambrian Consol. Golds 1 par } o
.:,litt ord Amalgamated ; -- 24 t 6 241
I Devon G. Cons. (Tavist ' 1 510 520
Fast Bassett (Illotran) I 10 53 65 55
1 ;East Clog au Gold Ltd.; ss. p 433
' East Caradon ...... 1.14.e, 48 49 48
' East Cam 8rea......... 3.0.0 11} la
(14. W'l Russel (Tavistk.)' 7.19.0 4k 5 54 15 1
,Jam..ltSt.Aubyn(Gwen.) 57 38 20
Great South Tolgus 17s1 6 64
ILL Wheal Vor(Helston 40 6 61
I Grenville ..
Herod's-Foot 8.12 49 51
t 1 ingston Downs 4.17.0 3 35
Lady Bertha
Slargaret ((Jny Lelant, 05- 3) 41
Slarke Valley..
4 tlyndy Iron Ore (Lim ) 2). 4da pr
New Setun .. 191 150 16)
North Downs 24 25
4.55 1'! Basset (11104. an 2.17.0 21 1
).Tortli Wheal Crafty
- Car Consols (St. Blaney l4 b 6
20 ! l'rovidence(Uny Lelnt., 10.6.7 11 43
South Caradon(St.Cleer li 390 40)
IS. Carn Brea (11logan) 5.15.6 24 21
''..W heal Fran. (Illot;ran 18.1!-.9 90 go
/Stray Park
5 i Tamar Silv.:t Lead Mitt. 44 4. i.
10 !tin Croit . 9 13i 134
i West Basset (111o3fan) ll 13 14
W Carzdon (Liskeard; 5 31 33
West Seton . .... . l7l 285 295
Wheal Basset illlogan‘ 55 774 824
:areal "tuner ( Redrutt t 5 50 1,5
Wheal kitty (li.Lelant) 2.0.6 74 84
WhealLud ott
Wheal 31 aryAnn (Men ) 8 IS 16
Wheal Seton
_ 585 240 250 250
' v heal Tre ! a,vney (Lis.) 7 161 171
Wheal Union 3.13 51 6}