The Sun.
London, England, 1863-04-14 00:00:00

CONEY MARKET

AND

COMMERCIAL INTELLIGENCE.

CITY, TWELVE O'CLOCK.
The prospect of an early reduction in the mini-
kin rate of interest and discount is now discussed
monetary and commercial circles. The con-
tuous flow of gold into the Bank of England, the
*ge available supplies of floating capital, and the
)derate requirements for trade and other pur-
ses, have led to competition in discount circles,
d bills may now be negotiated as low as 31 per
❑t. Under these circumstances, it is thought
at the authorities, in order to compete with the
en market, will soon announce a reduction in
eir official terms.

The committee of the Stock Exchange have ap-
inted Wednesday next for a special settling day
the shares of the Union Bank of Liverpool, and
iursdgy for the Bonds of the Italian Irrigation
tnals Company (Canal Cavour), dealings in both
which are to be officially recorded. _ _

The following resolution has been passed by the
namittee of the Stock Exchange:—
"The Committee for General Pu' poses having reason to
lieve that attempts have been made to introduce com-
mies calculated to injure the character of the Stock Ex-
Lange and the interests of the public, do hereby caution
.okers against giving the sanction of their names to the
inging out of any company without first making full
quiry as to the bona fides of its objects, and the character
the promoters, directors, csncessionaries, and other parties
mnected with it; and the committee further give notice
List should it be proved to them that any member of the
:took Exchange should have introduced or dealt in the
hares of any comp.ny brought out tor improper purposes,
eing at the same time cognisant of or assisting in such pur-
,oses, the committee will infiLt such penalty as the nature
f the case may demand "
At the twenty-ninth half-yearly meeting of the
hareholders of the Commercial Banking Company
rf Sydney, held at Sydney on the 29th January
ast, the directors declared a dividend at the rate
tf 15 per cent. per annum, and increased the re-
,erve fund by £2,000, making it £68,000 ; this die-
ribution left £3,335 of undivided profits to be car
'led forward to the next account. The recent
stablishment of branches in the colony of Queens-
and rendered some alterations in the deed of settle-
nent necessary, and these were unanimously voted
)3, the shareholders.

The twentieth half-yearly meeting of the Bank
tf Victoria (Australia) was held at Melbourne on
.he 3d February last. The directors' report, which
was unanimously adopted, gave the net profits for
he six months, after making fall provision for bad
tnd doubtful debts, at £31,839 10s. 6d. From this
line X 25,000 was appropriated to the payment of
dividend at 10 per cent., £2,500 was added to
the reserve fund, and £2,500 to the reduction of
bank premises account, leaving £1,839 10s. 6d. to
be carried forward.

About £17,000 in gold was taken into the Bank
yesterday.

The supply of bar silver by the Tasmanian have
been sold at Os. ld. per ounce, showing a decline

of Id.

During the last few days there has been a more
active business in the Foreign and Colonial Pro-
duce Markets. Tea, owing to the demand for ex•
port, has sustained full rates. Sugars, coffee, and
rice have been in fair request, while a slight ad-
vance has taken place in the value of saltpetre.
The Tal,ow Market, however, has been dull, and
quotations have slightly receded for both present
and forward delivery.

Two O'CLOCK.

At the Paris Bourse this day, aceolding to Mr. :tt:
Renter's telegram, the 3 per Cent. Rentes were Bt.
70f. 30c.

At the half-yearly meeting to-day of the Recife .;;
and San Francisco (Pernambuco) Railway Com-
pany, the report stated that the entire line had been
opened for traffic. The company have, therefore, 8
become entitled to the full amount of interest gua.•

ranted by the Imperial Government on the original
capital of £1,200,000, viz., £84,000 per annum.
The Great Devon and Bedford (Colcharton)
Copper Mining Company held its second general
meeting to-day, when it was resolved that the share
list be closed on the 21st inst., that the allotments
be hereafter made pro rata amongst the shareholders
only, and that Captain Richards be empowered to
commence operations at the mine on the 21st inst.

The receipts on the Datch Rhenish Railway for
the fortnight ending March 31, 1863, amounted to
£8,258 3s. 10d., and for the corresponding period
of last year to £7,356 7s. Bd., showing an increase
of £9Ol 16s. 2d. in favour of the present year.
An improvement of k per cent. took place yester-
day afternoon in the market for the English Funds,
and the few transactions that have taken place to-
day have not produced any alteration, Consols re-
maining at 928 1 for transfer, and at 921 for ac-
count. The New Threes and Reduced Annuities
are firm at 91i k. Bank Stock has advanced to
2334 236, and Exchequer Bills remain at 3s. dis. to
par. Indian 5 per Cents are well maintained, viz.,
at 109 k e ; the 5 per Cents. (Enfaced) are 1084 ; and
the Bonds 16s. to 17s. premium.
There is not much variation in the Foreign
Market; business is moderately active, and chiefly
connected with the settlement. Greek are 28k;
do,, Coupons, 131 ; Italian, 721 ; Turkish 6 per
Cents., 87k ; do., 1862, 70k 1; do., Consolides,
481 ; Mexican, 33b; Egyptian, 971 98; Portu-
guese, 48; Russian 951 4 ; Spanish Passive,
291 ; do., Certificates, 108 i. The Confederate
Loan is 11 prem.
In the Railway Market business has been ex-
ceedingly dull ; the few bargains recorded, how-
ever, have been at slightly enhanced prices. Metro-
politans have improved 55.; Great Westerns, 10s.;
Great Easteres, ; and North Westerns, £l.
In the Foreign and Colonial undertakings there
has been no material variation, Du, ch-Rnenish
be;ng dealt. in at 174; Bahia and Sa❑ Francisco at
24; San Paulo improved 234 s; and East Indian
to 1081 1094,
Bank and Miscellaneous Shares generally show
a slight upward movement hi prices.

BRITISH FUNDS—ONE O'CLOCK.
Bank Stock ................ 2331 6
3 per Cent. Reduced Annuities ........ 91/ i
3 per Cent. Consols Annuities ..
New 3 per Cent. Annuities
iinuities, 30 yrs, sxpire Rh Jan., 1880 —
Ditto (Red Sea Telegraph), Aug. 1908. 21 9-16
India Stock
Ditto 5 per Cent
Ditto Enfaced Paper, 4 per Cent —
Ditto 5 per Cent lOB 1
Ditto Debentures, 4 per Ct., Oct,, 1863 100
Diito howls ti,ooti .... ......... _
Console for Account, May 7 921
Exchequer Bills, £l,OOO 21 per Cent 3 dis par
FOREIGN FUNDS—ONE O'CLOCK.
Austrian Bonds, 5 per Cent
Ditto 6 per Cent. 1859 B4
Brazilian 5 per Cent
Ditto 41 per Cent., 1852-58-60
aienoa Ayres 6 per Cent '
Danish 4 per Cent., 1825 .... 92t
Ditto 1863 ..........
........
Ditto Scrip, £4O paid pm
Equador New Consolidated, 1 per Cent _._.
Ditto, Provisonal Land Warrant 6l
Egyptian 7 pet Cent 9B
Ditto, Second Issue
Greek 5 per Cent., 1824-5, ex-Coup ms..
28/ 28k i
..t:tto Account..
Ditto Coupons
Lillian b per Cent. (Nlaremmana Railway) 7,,,it
.3. k
Mexican 3 per Cent
Portuguese 3 per Cent., 1853 4B
Ditto 1862
Oitto Scrip, £3o.paid 3h PM
Russian 5 per Cent., 1822, £ St 96
Ditto 4l per Cent . 1850 ....
Ditto 5 per Cent~ 1862
Spanish 3 per Cent
Ditto New Deferred
Ditto Account
Ditto Passive
Spanish Cert. of Coup not funded
Turkish 6 per Cent. 1854
Ditto o
66 per Cent. 1858
Ditto
Gpaer Cent. 18,2
veneztioa,a-ar_teed, 4 per Cent
Ditto 6 pe per Cent
llivirdeenT" "34 591
Dutch 2i per c s on the above payable in London.
I alian, 5 per ent, Ex. 12 Guil 641
Cent., 1861, Ex. 2 5 francs.. 7' 1
0 insole, Money TWO O'CLOCK.
Ditto Account
....... .
•••••••1..........--

Up to this time in France the regulation of having
compartments exclusively reserved for females in
Ist and 24 class carriages has been optional for the com-
panies, The Minister of Public Works has now made such
reserved compartments obligatory, so that any female
tqwelling alone, and having a Ist or 2d class ticket, may
demand to be placed with only persons of her own seal

PREFERENCE SHARES.
Gt. Western ( erks & Hants Ext.), 4, per cent. red., 98
Laneasier and Carlisle, 40 per cent pt., 101
tuuth Eastern (tteadin2, Anns., £1.0.0), 23
Ditto, 40 per cent., 101
PREFERENCE SHARES AND STOCKS.
Great Eastern 5 per cent. pt., 101
Loudon and S.-Western 40 per cent., 104

LINES LEASED Al FIXED RENTALS.
Chester dud Ho yhead,
London and Chatham per Cent., 12&
t.ondon, 'Tilbury, and Southend, sl
Wilts and Somerset, ,t 1
PURE IGN RAILWAYS.
Antwerp and Rotterdam, 88
Great Luxembourg, ,61 I
San Plinio Jim.), gua. 7 per cent. (all), 2343
JOINT-STOCK BANKS.
British and American Exchange (lim.), 9j f
Colonial, 394
English and Irish (lim.), 6;
London Joint Stock, 8
London and South African, 274 7
London and Westminster, 774
Oriental Bank Corporation, 561
Union of London, 34, 4
MISC EL L ANEOUS.
Joint stock Discount, 24 I
Peninsula and 0 iental Steam, 771
Van Diemen's Dind..l6l

of THEth BOILER EXPLOSION AT MOSSEND.—Some
d Welling-how:6
workpeople at the Mosaend Ironworks had
remarkable escapes from death. A correspondent of the
G"sgoto Herald furnishes the following' :—" In one of the
child,
to the works a woman was sitting
protectoefd the
am hearing the re
nursing her
report
fell at her feet. A man in the works,
through the mobil
a 2 when a piece of iron pipe descended
explosion, crept below a wheel-
removal, found to have sustaeinnide,dhno injury ;
b rrow, which
of a boiler fell, was, on its
Another man, on whom
the
etra amidst the shower of bricks.
hbtywbatticchk i:
the egg-shape
in
windows also, yet
sentry-box, was literally surro,ueanudnaeidgt
of the boiler had saved him.
watchman,
nothheirs
debris; the root was smashed
the old follow escaped with a few bruises,
workmen found shelter under the rolls. ses. Many of the
MEETING ON BEHALF OF POLAND. _A
meeting on behalf of Poland was held in the public
Union
Hill, Stirling, on Friday evening. Provost Mutrie nein"
pied the chair. M. Karl Blind delivered an eloquent ad-
dress, in the course of which he detailed the wrongs of
unhappy Poland, and gave a sketch of the position of
the different countries of Europe at the present time. On
the motion of Mr. A. A bercroutby, seconded by Mr. Peter
Drummond, a petition to the British Government tarried o inter-
pose on behalf of Poland was agreed to, and cby
acclamation. Thereafter a cordial vote of thanks was given
to the chairman and the meeting separated.
T. ot.t,neru R ilivve.y C.). of France has signed a
convention with the Minister of Public Wolks for a new
1
series of lines for which a bill is about to be submitted to
the Legislative body.