The Sun.
London, England, 1863-01-14 00:00:00

MONEY MARKET

AND

COMM.EMIAL INTELLIGENCE.

CITY, TWELVE O'CLOCK.

There is a very active demand for money to-day,
and some pressure is felt at the Bank of England,
as well as in the open market, An advance in the
minimum is expected to-morrow.
Gold is now about 1-10th per cent. cheaper in
London than in Paris, and about 2-10ths per cent.
dearer here than in Hamburg.
The Etna, from New York, has brought £67,000
in specie.
No material change was reported in the foreign
exchanges yesterday afternoon.
The half year's interest is announced for pay-
ment on the shares of the Turin and Savona Rail-

way.
The twenty-ninth half-yearly meeting of the
proprietors of the Union Bank of London took place
to-day, Mr. P. N. Laurie, presiding. The follow-
ing report and balance was submitted to the share-
holders by the directors :

The Directors have the pleasure to report that the net pro-
fits for the six months ending 31st December last, after pay-
ment of all charges (including the sum of £19,091 14s. sd.
for interest paid and due to customers on their Current and
Deposit Accounts), and making ample provision for all bad
and doubtful debts, amount to £67,239 3s. ld., which, with
the sum of £2,932 17s. 9d., brought forward from the 30th
June last, make together £70,`222 Os. 10d.
The Directors now declare a dividend of 15s. per share, clear
of Income-tax, f r the six months ending 31st December
last. After payment as above, amounting to £45,000, there
will rnnain a balance of £25,222 Os. 10d. for apprcpriation at
the end of the financial year in July next.

GENERAL BALANCE.
LIABILITIES.
Paid-up capital of the bank £720,000 0 0
Due by the bank on current accounts, deposit
receipts (including interest accrued), and
ther obligations
Reserved 1. und, invested in Console, as per

Contra
Rebate on bills not due

50,000 0 0
14,705 19 8
70,2.2 0 10

Balance at credit of profit and loss

113,731,283 6 4

ASSETS.
ash in the bank £5 1,370 6 11
Cash in Bank of England 514,713 5 0
Cash lent at call 1 065,000 0 0
£2,101,083 11 11

Investments in Government Stock, Exche-
quer Bills, Debentures, &c.
X 53,727 Os. Bd. Consols (taken at 91) Reserved
Fund
Bank-Itemises, consisting of freehold build-
ings 'inF. Princes-street, Mansion- house-
street, Argyll-place, and Fleet-street ; and
lease and fixtures of No. 4, Pall-mall East 108,775 4 5
Loans, bills discounted, &c. 10,574492 4 5

£13,731,283 6 4

PROFIT AND LOSS ACCOUNT.
Amount of dividend of 15s. per share £45,000 0 0
Balance, being undivided profit carried for-
ward to next hal-year

25,222 0 10

£70,222 0 10

Profit unappropriated on 30th June, 1862...
Amount of net profit for the half-year end-
ing 31st December, 1562, after deducting
all expenses, and interest paid and due
(49,091 14s. 5d.), allowed to customers on
their current and deposit accounts .. .....

£2,982 17 9

67,239 3 1

£70,222 0 10

The chairman, in moving the adoption of the
report, reviewed the operations of the Bank, which
he described to be satisfactorily progressive, as
evidenced by the large increase in the assets. He
alluded to the numerous additions that were being
made to the number of joint-stock banks, which
fact, he averred, necessitated on the part of the
executive a greater degree of caution in the ad-
ministration of their affairs. The directors had
contributed £l,OOO to the relief fund for the Lan-
cashire distress, which gift had been induced not
so much as an act of charity as of sympathy for the
poor operatives in their hour of tribulation. The
:resolution for the adoption of the report, &c., was
carried by acclamation, and a vote of thanks was
also rendered to the directors.

Two o'CLocit.

There is no alteration to report in the English
Stock Market to-day, Consols being 921 for transfer,
and 921 e for the account, or about the same as
they closed at yesterday afternoon. Speculation is
dull, and affairs present a heavy appearance, owing
to the unsettled state of the Money -market and the
general impression that the rate of discount will be
advanced to morrow. The New Threes have de-
clined to 922.1 8f and the Reduc. d to 921 i; Bank
Stock has improved to 237; and Red Sea Telegraph
Annuities have been dealt in at 21 15.16; India

Stock has receded to 226, and the 5 per Cent.
ditto remains at 108 k ; the 5 per Cent. Enfaced
Paper is firm at 106 k; and the Debentures are
marked 1001 k ; India Bonds are depressed at 265.;
and Exchequer Bills are 12s. and 16s. prem.
Very few transactions have been reported in the
Foreign Securities, and prices show no material
change. Egyptian are 95-1-; Greek, 164; ditto
Coupons 6,1-; Mexican, 31i ; New Grenada 2 per
Cents., 28k; ditto ex all, 121 i Portuguese New
Loan, 471. Russian ditto has improved to 961;
Spanish Passive, 24k 4 ; ditto Certificates, 94;
Turkish 6 per Cents., 1862, 67k 4 ; Italian, 69k ;
and Venezuelan New Scrip, 1 dis.
The operations in the Railway Share Market are
limited, and principally connected with the arrange-
ments for the settlement. Prices generally remained
steady. Great Northerns, North-Westerns, and
South-Westerns improved ss. ; while Great Wes-
terns and North-Eisterns declined ss.

The Foreign and Colonial lines were dull and in
some instances were a shade flatter. Great Luxem-
bourg brought 14a ; San Paulo at 237,- a ; East
Indian 1071 108; and Great Indian Peninsula 1061;
and Grand Trunk of Canada 211 22.
Joint Stock Bank and Miscellaneous Shares
exhibited no material alteration in values.

BRITISH FUNDS—ONE O'CLOCK.
Bank Stock 237
2 per Cent. Reduced Annuities
per Cent. Consols Annuities
New 3 per Cent. Annuities
Annuities, 30 yrs, expire sth Jan., 1880 —
Ditto for 30 yrs, expire sth April, 1885 l5 1-16
Ditto (Red Sea Telegraph), Aug. 1908 2l 15-16
India Stock
Ditto 5 per Cent
Ditto Enfaced Paper, 4 per Cent
Ditto 5 per Cent
Ditto Debentures, 4 per Ct., Oct„ 1863 1001 1
D • i i Bonds E. 1,000 26
Ditto under £1,000..
Consols for Account, Feb. 5 921 1
Exchequer Bills, £lOOO, 21 per Cent l3 12 16
Ditto £500
Ditto Small l6
FOREIGN FUNDS—ONE O'CLOCK.
Brazilian 5 per Cent
Egpptian 7 pet Cent 951
Greek 5 per Cent., 1824-5, ex-Coup.m l6l
Ditto Coupons
Mexican 3 per Cent
Ditto Account 3ll
New Granada 2 per Cent 2B
Ditto ex over-due Coups. & Hectares 121
Portuguese 3 per Cent., 1853
Ditto 1862 471
Russian 6 per Cent., 1822, £ St --
Ditto 41 per Cent., 1850
Ditto 5 per Cent. 1862
Spanish 3 per Cent
Ditto Passive
Spanish Cert. of Coup not funded
Turkish 6 per Cent. 1854 —
Ditto 6 per Cent. 1832
Ditto Account.
Venezuela, 3 per Cent
Ditto 6 per Cents.. 1862 (Scrip), £53 pd 11 die
Dividends on the above payable in London.
ltallan,6 per Cent., 1861, Ex. 25f 691 1
Ditto A.ceount
TWO O'CLOCK.
Consols, Money
Ditto Account

SANOVER-BQTJARR ROOMS.

LANCASHIRE RELIEF FUND.

An amateur performance was given at the above rooms
last evening, under the direction of Messrs. Alfred
Abraham, Clarence Courtauld, Nettlefold, Hickson, and
John did Edward Warren, as the first of a series in aid of
the Lancashire Relief Fund.
The entertainment consisted of the farces of the " Blighted
Being" and the " Bonny Fish Wife," and Mr. Byron's
burlesque of "Aladdin." We have rarely seen a
performance of the kind which exhibited more
talent. The acting of the Burlesque, especially, was quite
up to high water mark. Mr. Simpson, in the Widow
Twanke ; Mr. C. Hickson, in Aladdin ; and Mr. Alfred
Abraham, in Prince Pekoe, were clever enough to have
commanded an engagement at the Strad.

A NEGRO'S OPINION OF THE WAR.—The negroes
have a curious idea of this war. I met a very intel-
ligent one a few days ago. I said to him, " Well, Downing,
what is your opinion about this war, and what will be the
result ?"
I tell you what I tinks about it. I tink
it be berry much like a cure I hear of for the toothache."
" What is that ?" " You must jist take cold water in yer
snout, and sit on a red-hot stove till de water boil in de
mouf, and dat will cure de toothache. I tink the cure is
debblish site worse clan de disease."

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