The Sun.
London, England, 1863-02-12 00:00:00

XONEY MARKET

AND

COMMERCIAL INTELLIGENCE.

CITY, TWELVE o'CLocK.
The Bank of England directors have held their
Weekly meeting to-day, and, as expected, they have
not found it necessary to modify their regulations.
At the same time there can be no doubt that an
Improvement has taken place in the position of the
establishment, and, as accommodation is obtainable
at to b per cent, below the minimum, its discount
Operations are likely to be very much reduced.
Gold is now about 1-10th per cent. dearer in Lon-
don than in Paris.

The nest drawing for bills of exchange on India
will take place on the 18th inst., and the amount is
£400,00().

A meeting of the creditors of Messrs. G. W.
Reynolds and Company, steel manufacturers,
of Smethwick and Birmingham, who recently
suspended payment, took place yesterday. The
balance-sheet compiled by Mr. White, the ac-
countant, showed that the liabilities amounted to
£23,474 Os. 4d., and the assets to £10,136 7s. 2d.,
leaving a deficiency to be accounted for of £13,337
13s. 2d. No composition was offered, and the meet-
ing being of opihion that further explanations
should be given respecting the trading of the firm,
an adjournment was considered expedient.
The amount of specie taken out by the steamer
Ellora, which left to-day with the Bombay mails,
was £449,330, of which £371,550 is in silver, and
the remainder in gold.
Subjoined is a very excellent resolution just
adopted by the committee of the Stock Exchange:--
"Any company issuing, or promising to issue, new
shares previous to, or within three months after
the first settling day appointed by the committee,
shall not be entitled to a quotation in the official
list, and shall be subject to any further restrictions
that the committee may think proper."
The last week's railway receipts, ascertained up
to this day, are in round figures as under

1863. 1862.
£8 North-Western
Great Western 50,804 49,436
.
South- Western
14,345 13,535
13righton
Midland
youth-Eastern
Great Eastern
Lancashire and Yorkshire 31,490 3 },062
3
North- Eastern 3,3E2 36,396
Bristol and Exeter
Manchester, Sheffield, and Lincoln 14,638 13,022
Edinburgh and Glasgow
Great Southern and Western of Ireland 7,065 7,134
These returns are in most instances very satis-
factory. On the North Western there is an in-
crease of £5,198 ; on the Great Western, of £1,368;
on the South Western, of £1,505 ; the Brighton, of
£810; the Midland, of £2,374; the South Eastern,
of £733 ; the Great Eastern, of £2,872 ; the Lan-
cashile and Yorkshire, of £1,428; the North Eas-
tern, of £1,966. On the Edinburgh and Glasgow
there is a decrease of 1122; and on the Great
Southern end Western of Ireland, of £79.
At the yearly meeting of the Birmingham Bank-
ing Company, yesterday afternoon-Mr. Joseph
Gibbins in the chair-a dividend of 10s. and a
bongs of ss. per share, without deduction, was de-
clared. The net profits for the year ending 31st of
December last amounted to £42,086 lls. 6d., from
which £15,000 had been taken for the dividend and
bonus in September last, and it was now resolved
that, after pay ing the present dividend, &c., £12,000
be applied in reduction of the losses at the Dudley
branch, and the remaining balance be carried for-
ward to the new account.

•••••• .............

Paris Renter were at 12. Two O'CLOCK.
45 this day (says Renter's
telegram) 70f, 40c., 45c.--flat.
Nothing of importance has occurred to-day in the
market for the English Funds, the dealings having
b€en very limited, while the quotations have not
varied from those current
Console are 928 5 z yesterday afternoon.
~ for money, and 92i 1 for the
account. The New Three per Cents. are 922 t;
and the Reduced, 921 a ; Exchequer Bills: are fiat
at is. dis. ; Bank Stock has advanced to 238 and
239
The dealings in the Foreign department have
been of a moderate character, but prices have shown
firmness. Turkish 6 per Cents., 1354, are 89 90 ;
do.,
so 1858, 721 73; do.,
lides 1862, 681-, ; and the: Con-
have improved to 411 ; Greek Bonds
3 are 3
i; and the Coupons, 8Z 1 ; Mexican, 321 ;
Portuguese New Loan, 47 ; Russian do., 931 94-1-, ;
Spanish Passive, 261 ; ditto Certificates 91, being
flat ; Venezuelan New Loan is 601.
In the Railway Share Market the preparations
for the settlement are in progress, and, owing to a
rather active inquiry for stock, coupled with the
favourable traffic returns, prices have in most in-
stances shown a marked improvement. Great
Western have advanced 10i. ; Metropolitan 15s. ;
Great Eastern, Great Northern A Stock, London
Etd Blackwell, Midland, North Briti,n, and South
Eastern Li ; and London and Brighton £2.
The Foreign and Colonial lines exhibited little
variation on values.
Joint-stock Bank Shares continued in fair re-
quest, and in some instances realised enhanced
rates. Ottoman Bank improved to 40.1 4(t; Mink
Steam, 731 f. an
Of Australasia, 801; d Peninsular and Oriental

BRITISR FUNDS—ONE O'CLOCK.
Bank Stock. 238 9
3 per Cent. Reduced Annuities 924 i
3 per Cent. Consols Annuities .• . 9l 1
New 3 per Cent. Annuities 921
India Stock —
D tto 5 per Cent. lOB
Ditto Enfaced Paper, 4 per Cent Ditto 5 per Cent lO5
Ditto Debentures, 4 per Ct., Oct„ 1863
Ditto ditto April, 1864 100
11,t ,'lends C 1.900
Ditto under 41,000
Consols for account, March.. . .... 14 10
5 ......
Exchequer Bills, £lOOO, 21 per Cent 921
1 dis
Ditto £5OO ....
1 dis
Ditto Small ............
Greek
. 6FOREIGN FUNDS—ONE O'CLOCK.
Ditto Coupn nt., 1824-5, ex-Coup ms., 19i 1 20/ 191
s .
y) 73
Itllian 5 per Cent. (Alareininana Railwa
Mexican 3 per Cent .
33 21 New Granada„ •• •
Ditto Deferred ..........
'—
Portuguese 3 per Cent., 1853
47
Ditto Account
47
---
Ditto 1862
Russian 5 per Cent,, 1822, £ St
601
Ditto 3 per Cent , 1859
93f 4/
Ditto 5 per Cent. 1862
831
Sardinian 6 per Cent. ....
531
Spanish 3 per Cent
Ditto New Deferred
Ditto Passive
46/
• , _
..
Spanish Cert. of Coup. .... tlind ..
Turkish 6 per Cent 1854 .
DiDitto 6 per Cent. 1858
Ditttto Account .. . . ............
721
Dittoo 6 per Cent: 1i.f..i 2
Account .... .
688
Venezuela, 3 per Cent
Ditto 6 per Cent., 1862 . ...
Dividends on the:0.11).4..1;4%031e in London.
It than, 5 per Cent., 1861, Ex. 25f.
Consols, Money ....... TWO O'CLOCK.
.........,
Ditto Account ...................... 94 a

biz Loss OF THE H
LIFEGUARD.--S, Feb.
11.--It will be remembered that S
theIELD Life
steamship, trading between guard
lost in the Newcastle and London, was
gale of Dec. 20 off the Yorkshire coast, six hours
after she sailed from the Tyne, and that her crew and be..
tween 30 and 40 passengers, in all about 50 Fouls
with her. There
probably never was so great a loss of life
Whic , perished
h attracted so little attention in the country, arising
Pi,ssibly from the fact that she foundered out at sea where
he one witnessed
r..
the sad tragedy, and that except a bo
bthaoat Wes
ttatpi Was cked up off Flamborough-head, and a stove-in life
Passed by a light brig off Scarborough, she left
not "a wrack behind." Anticipating that such would be
the case at the time this ves,el was missed, and knowing
4wereo coroner's inquest could be held unlesssotne of the bodies
cast ashore, it was sugg3sted in a c unnaunication sent
from this port that
and
th , as seafaring men stated the steamer
Tyne into
Was overloaded deep in the water when she went out of
e the heart of the gale, public opinion was
strongly in favour of a Board of Trade inquiry. Such an
incilliry is likely to take place. Mr. Ilaainaon.d is down on
the Tyne making a preliminary investigation, to ascertain
if
the evidence is sufficiently strong to warrant an official
inquiry,
I NOTIIER T. ATAL CRINOLINE ACCIDENT.—Laqt
Ilur,
, lay oioining
Miss Her: set Re.i2,h
''''l*'l, aged 29, ~f 20,
1,11-r.a4l, Maids-hill; w..s attending to her, inothE,r,
OWho It d su ,denly been taken ill, when her dress caught
-', and burnt her severely on the neck and arms. She
nmined under medical treatment until Monday, when she
expired.