The Sun.
London, England, 1863-05-05 00:00:00

BY MAGNETIC TELEGRAPH.

GRAVESEND, Tuesday Morning a
Arrived, May 4—Condor, from Drobach; Ludewig sn
Elise, from Engelholm.
Arrived, May 6—Annie Archibald, from Sydney ; IMO
Richard, from Stetting.
Sailed, May 4—Vesper, for Rotterdam; Arab Steed, for
Sydney.
Sailed, May s—Monil Galib, for Bombay; Nil Del3Pe‘
randum, for Mauritius.

Tuesdaornillksi
Passed—Neptune, from New York; Belgravia from t.'""„
cutta—boob for London.

Liverpool Cotton Market—This DaY'

(REUTER'S TELEGRAM.)

MaY
Sales, about 10,000 bales. Dearer. impor.,4
8,106; previously, 3,201.

THE CAPITOL AT WASHINGTON: The Wil°l:t
bulldog has still an untidy, unfinished, al°3l..c)i-
-tumble-down appearance. The immense iron dome, vilielt
will vie in magnitude with that of St. Peter's, and W--. 1,0
like the Roman cupola, you can see for miles and tal is
away, rising grandly over that hilly campagna coutitrYl
bv
still a bare framework of beams and girders, surmounted' lij
a crane, ominously resembling its brother of C°l(Td:
Cathedral. Blocks of unknown marble lie on ever," eltbe
scattered about the pleasant grounds which lwecaiodirnholpuriltriv.:o:oes
Capitol to the foot at the steep hill on which it stands. ;
niches are still without their statues, and the grand_:ot
trance without its giant doors, which visitors to wows "' a
remember so well in Mr. Rogers' studio; while, iu %%if
parts, the staring red brick walls are still
marble facings. Even when the building is
think the effect inside will always be disappointing. . it;
as the Capitol is, there is a want of great open sillily.'
and you wander through endless passages, all °oda
roofed corridors, and stately staircases, without cdeftoite
across one point of view which lehves a strong:te, _,do
impression on your mind. There is too a char t4°_l.:oo,
absence of artistic property about the whole arrange:ffoia.
The great centre circular hall is blocked up with a sistorical
ing, on which a number of second or third rate a ~,,,,,s
pictures are exposed to view, some of them for sale.P'
Federal States.

,Awericis

A DISTINCTION with A DIFFERENCE.--' ~013.0
asks nominally for neutrality, says the 'Spectator, 1""`"iod
means something very like an alliance ; slid ~.117,
Qffers as neutrality what is seraethir,g very lace hootw '

AND
COMMERCIAL INTELLIGENCE,

CITY, TWELVE O'CLOCK.
The Commercial Union Assurance eompany'e
report, to be presented at the ensuing annual meet-
ing, congratulates the proprietary on the satisfac-
tory position which the office has already attained,
and states that after paying the shareholders a
dividend of 5 per cent., the legal and other preli-
minary expenses have been fully discharged. The
premiums received for the fire department up to
Dec. 31 last amounted to £56,495 15s. 11d., almost
wholly derived from home insurances. In the life
department for the eight months ending December
last the receipts were £9,298 2s. 11d., of which
£5,245 Bs. sd. was the amount of premiums re-
ceived on 18C) policies assuring £171,300. With
reference to the operations of the Company the
business of the fire branch is stated to be satisfac-
torily progressing; the premiums received so far
amounted to £22,000, exhibiting a large increase
over those taken in the corresponding period of
1862, while the losses estimated do not exceed
£6,800. The first year of the life branch is now
completed, and the directors state that the pre-
miums received (exclusive of annuity consideration
money) have amounted to £13,869. The marine
branch was opened last January, and the premiums
under this head taken since that time have ex-
ceeded £29,000, whilst the claims only represent
£1,700. The whole of the capital called up,
amounting to £225,000, has been fully paid up.
The report also states that upon the allotment of
shares the directors considered it desirable in antici-
pation of an early formation of local and colonial
boards, to reserve 5,000 shares for future distribu-
tion, but as it is not at present contemplated to
establish such offices, it has been determined to offer
them at par, rateably, to the present shareholders.
The Skara (Norwegian) Silver Mining Company
is the title of a new undertaking just introduced,
under very favourable auspices, to the notice of the
investing public. The object is the purchase and
working of seventeen silver mines comprising an area
of more than 75,000 acres in the district of Skara,
which place lies a few miles to the westward of Chris-
tiana, the capital of Norway. The history of these
mines abundantly testifies to their metallic richness
and to the large revenues they have at various times
brought to the Government exchequer. It appears
that on the separation of Norway from Denmark in
1814, the Parliament of Norway took these mines
under its special care, and worked them with varied
success up to the year 1856, when it was resolved to
divide them into districts and call in the aid of pri-
vate enterprise. The average annual produce of
the mines worked by the Government during the
past 25 years has amounted to £55,110, while the
expenses for the same term have only represented
£10,910. The company will possess an exclusive
right in perpetuity over all the precious
metals found in the district of Skara
for a nominal rent of about £l6 per
annum, and the arrangements for the trans
far of the property appears to be highly advan-
tageous, as the larger part of the purchase
money is to be paid by shares, which are only to be
?,ntitled to dividends on the amount called up on the
)they shares. The capital is to be limited to
050,000, which it is proposed to raise by shares of
C 2 each, and as the company, as already stated,
lucceeds to the right of the original grant from the
ling of Sweden and Norway, there is every likeli.
►ood of its being early and fully subscribed.
During the last few days less activity has pre•
'ailed in the Foreign and Colonial Produce Markets

stock
dtock

Vock

.ea, however, has fully sustained previous prices,
Pile sugars in some instances have been held rather
heaper. Coffee, owing to a good demand on con-
inental account, has slightly advanced ; while rice

emained dull at about previous prices. Saltpetre
nd tallow have been depressed, P.Y.C. on the
pot being quoted at 435. 3d., and last 3 months'
elivery 40s. per cwt.

Two O'CLOCK.
Rather less activity has prevailed to-day in the
iarket for the English Funds, attention being so
uch directed to the foreign department, where busi-
38S is exceedingly animated. The high range of
rotations now current in the English market
nds to check speculation for a rise, but numerous
lrchases are nevertheless effected, and buoyancy
consequently experienced. Soon after business
,mmenced this morning there was a rise in
)nsols of 1 per cent, namely, to 934 94 for
oney and the 7th instant, and to 94 s for the ac-
runt. This advance, however, has been followed
7 sales in realisation of profits, and a reaction has
eurred to 934 and to 933 94 respectively. The
Threes and Reduced Annuities remain firm at
; a few transactions have taken place in the
)w 24 per Cent. Annuities at 774, and in the 30
ars ditto at 14 13-16ths, 15-16ths. Indian
script ions also continue at steady quotations, the
)er Cents. Loan being quoted at 1094 1104; and
Bonds at 17s. prem.; Exchequer Bills are with-
t alteration at 58. to Bs. prem.
The Foreign Department again presented a very
imated appearance, and quotations have continued
fluctuate to some extent. Turkish 6 per Cents.,
58, have improved to 701 4 ; do., 1862, to 71 4 ;
Consolides, to 534 4; Greek, to 324 4 ; do.,
upons, to 15 4 ; Mexican, to 364 4 ; New Grenada
) 161 171 ; do. Deferred, 94 101; Peruvian, 89
; Portuguese Scrip, 54 jr prem. ; Russian, 934 ;
anish Passive have receded to 364 4; do., Certi-
Cates, to 114 4 ; and Italian are 72 4. The Con•
erate Loan is 11 1 prem.
[ncreased firmness has prevailed in the Railway
are Market. Caledonians and Great Westerns
70 improved 10s.; Bristol and Exeter, 158. ;
dland £1 ; Great Northern £1 55.; and London
I Brighton, £2.
pho Foreign and Colonial undertakings have
Ltinued in fair request at steady prices. Dutch
enish realised 17 ; Recife and San Francisco 17
tat Western of Canada, 111 ; East Indian,
11 110; Great Indian Peninsula, 1104 4; and
9aub, 108.
oint Stock Bank and Miscellaneous shares are in
le instances at slightly higher prices. City
ak realised 100 4 ; Bank of Egypt, 304; London
artered of Australia, 284 • Peninsular and
ental Steam, 77 ; and Van Diemen's Land, 164.

BRITISH FUNDS—ONE O'CLOCK.
k Stock 233
r Cent. Reduced Annuities
r Cent. Consols Annuities
r 3 per Cent. Annuities
r 21 per Cent. Annuities 771
anties, 30 yrs, expire eth Jan., 1880 —
itto for 30 yrs, expire sth April, 1885 l4 13-16 15-16
a stock
itto 5 per Cent
,z,, 13onds ELOOO
itto under £l,OOO .............. .. • • 17 pm
,ols for Account, May 7
he'l uer Bills, £l,OOO 21 per Cent 8 6
Ditto £5OO
itto Small

FOREIGN FUNDS—ONE O'CLOCK.
ish 4 per Cent., 1863
itto Scrip, £65 paid
ador New Consolidated, 1 per Cent l7f
/
ptian 7 per Cent 99 81
'k 6 per Cent., .1824-5, ex-Coupons —
itto Account..
itto Coupons l5 i 14i
lean 3 per Cent
Lae Account.. 37 61 if 61
itto 2 Granada
per Cent 33i
itto Deferred lOl 91
`7SRO 4i Per
itto 4
Cent
Ai_PeuruCtent. 1862 —
itto
tugue„':l
Dit to p "
Cent., 1853
I
Scrip, £3O 1862
sima .5 per c,ntPaid ... 1
itto 4i per cent" T82,12* 81
itto 5 per Cent., .I'B6—' •• • •
iieh i per Cent - ' --"
. ' -
tto Nev Deferre.d",
itto Account.., I?'
tto PISSIV(3 ................
-
ish Cert. of Coup not futi(je• a ...
11 121 111
:ish 6 per Cent. 1854 ....
tto Account
tto 6 per Cent. 1858
tto Acc0unt................
tto, £lOO Bonds
..
tto 6 per Cent. 1862 ........ 72
.............. 71i
tto Account
74 1
)zuela, 3 per Cent
tto Account 241
4
tto 6 per Cent., 1862
Dividends on the above payable in London.
hoi per Cent., Ex. 12 Guil
4 per Cent. Certificates
Ln, 5 per Cent., 1861, Ex. 25 francs —
tto Account
ols, IVone TWO O'CLOCK,
tte y
.. 931 i
tto Account 931 i June.,' •• 93i 4

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