The Sun.
London, England, 1865-01-23 00:00:00

TaKET

AND

CO4MERCIAL INTELLIGENO3I

CITY, TWELVE O'CLOCK.
•
The idea has been very general to-day, that, if
the authorities of the Bank of England desire to
-Partpate to a greater degree in the current dis-
" 44 business than at present, they will have to
Zhconcede further facilities to the commercial public.
e quotations to-day in the open market have
with
eel'. 5/1 i per cent. for the best short-dated bills,
-w a tendency to still lower prices, or about 41-per
cent, less than the official minimum. The supply
of
hraoneium y at the command of bankers and brokers
very abundant, but the inquiry for ac-
ccoMincalation has been very small.
(~,atu There were no bullion operations at the Bank on
ay.
The Australasian has arrived from New York
"With £111,139.
The accounts from the various manufacturing
teen
de of a more satisfactory character. The woollen'
n of Leeds, Bradford, and Huddersfield, has
more animated, and a good business has been
tone in spring fabrics. At Manchester moderate
'transactions have taken place in both cloths and
Yarns, Chiefl
The y for exportation, at fully late rates.
I hain hosiery and lace trade of Leicester and Notting-
at shown symptoms of improvement, while
thereat Birmingham, Sheffield, and Wolverhampton
has xaentbeen more activity in almost all depart-
s The directors of the Alliance Bank, in their re-
rt for
includete past half-year, state that the gross pro-
fits,
ng £6,580 14s 9d brought forward from
the previous six months, amount to £185,896 17s Bd,
Ithich, after deducting current expenses, interest on
Torrent and deposit accounts, and rebate on bills dis-
unted, leaves a net balance of £66,731 19s 9d. The
Ilninerous and extensive failures of mercantile houses
lithlring the last three months of the past year
pan.t.,ave Pressed with special severity on the corn-
y, and the losses to be provided for on accounts
11:): in liquidation will absorb the profits of the
"year, and a further sum of £61,737 11s. 5d.,
eh has been carried from the reserve fund to the
4profit and loss account. In addition to these losses,
;with"ere are transactions not yet matured in connection
a heavy account, which may possibly a large additional loss. The bank, however,entail holds
ilecurities which it is hoped may be realised favour-
4ly ; but whatever loss may arise will be dealt with
rleParately, and written off the reserve fund.
The report of the East London Bank, to be pre-
-Bented on the 26th inst., states the available balance
to be £3,841, and recommends a dividend at the
rate of 5 per cent. per annum, which will absorb
42,500, and leave £1,341 to be carried forward.
The paid-up capital is lioo,opo, and the liabilities
on deposits, &c., are £346,196.
The directors of the Anglo-Italian Bank have
determined to recommend a dividend of 6s. per
?hare, which is equal to rather more than 6 per cent.
ot the paid-up capital.
A. meeting of the shareholders of the Unity
Joint-stock Bank has been called for the 30th inst.,
dishrag consider the conduct of the directors in repu-
'ating the acts and powers of the liquidators."
13:1IThe report of the Consolidated Bank, to be pre-
ecl on the 24th inst., shows the available total,
including a Previous balance of £6,976, to be
6, and recommends a dividend at the rate
,1"; lo Per cent• per annum for the half-year, and a
e13:11„18 or,f 38. per share, being an additional 7f per
4-.„.his will absorb £52,500. The sum of
thenB is to be appropriated to reserve, which will
vill amount to £58,621, and a balance of £1,827
ea
,!ernain to be carried forward. The paid-up
Pi'l is £600,000, and the deposits held are
.3,411,206. •
The hal,
tharehoid.A-Yearly meeting was held to-day of the
The rep t 4 of the London Financial Association.
deducti. rag Presented for adoption stated that, after
Ino4thang the current expenses of the past six
f and rebate of interest at the rate of 6 per
cent an
lllelid thell-nii, the directors were enabled to recom-
per cent Payment of a dividend at the rate of 5
„ b 0.4.1,
Per aini„L'''''' a bonus at the rate of 10 per cent.
reloa,:ill , free of income tax ; there would then
to beule balance of undividediprofits of £4,063 Bs. 6d.
deed
a,a,rri, ed forward to next hall-year. The divi-
that.e j`t. bonus together amount to £1 2s. 6d. per
hetiee,_Ll the old, and 18s. 9d, on the new shares—
iihare:°llh the distinction between the old and new
hei will cease, the same amount (£l5 per share)
bug
no Paid
At theup on each subscription.
th ordinary general meeting to-day of the
, areholdersof t
418soeiati - he Imperial Mercantile Credit
ado °II'
the r
ell eport, which was unanimously
tx_,_ , stated that, after payment of the current
loaPizaeso,tadtv,in'aigldfor
.rebate of interest on bills and
contiug__ . making ample provision for all
~,a,u,ountietnegiest, there remained a balance of net profit
o £99,217 9s. The directors recom-
"ended
D' • this sum to •
'Nem
(free be appropriated as follows :
ward
income-tax, of income-tax) of 10s. per share,
4°,000 ;
£1,250 ; balance carried for-
to next half
The report of tilYee...la, U 7,967
ented on the 27th
Presented union Banks.of Ireland, to be
capital i
,o! £7,972, including
alest., shows an available total
Previous balance of £2,058.
£220,000, and the deposits,
The paid--up
8CC•1 held are 366,480 s
The •
Financial Co
meeting to-day, The
rPoration held its half-yearly
44ted that the e report, which was adopted,
Periodprofits the Co he
t 8 was
during the
I,:n
triontho
is
£3_lo_ll had carried on business (about
bld interim dividendlB
6 9s. 9d. After deducting the
anagenr , paid 'in July last, expenses of
preiiiiii._ ent as far as ascertained, 20 per cent. of the
k, the expenses, and the rebate on current bills,
The di; net, surplus amounted to £19,128 58. 10d.
of
the t clot's, having regard to the fact that many
14. ransaetions •
ought. m respect of which profits were
into the
4ad that Present account were not yet matured,
de me of the se .t. held
Preciated b curi untieshad been much
tiarket, desir y the recent pressure on the money
above
sii_ . ed. to retain a large proportion of the
tors wow':
eli to
; and they trusted the proprie-
ineaalnse, `:'
with ney concur in this precautionary
nudetta,7 a view to the future security of the
nets
,„', g• rm-
A..mg 1., -,Lie following apportionment of the
for a plus
,LFterefore proposed, viz., £4,568 3s. 10d.
10
Per en
elk( for the past half-year, at the rate of
1.0 ilt• Per annumo,,„ on the paid-up caal
•bai;
eyev to the formation of a reserve fund, aideth
1124 Of
£4,560 2s. to be carried forward to the'
-41 account.
. 1
1: Brill' 1'
r, s Brighton Bath Company has
-•lniced, with a capital of £l2O 00 in been
an-
shares of
£2O each. Its object is to purch ' 0'
13
ase the well-known
aths at Brighton, and to enlarg th
e 0
e e present ac-
hob:lodation by acquiring some property adjoining.
Orti.oll of this property, however, comprising
aPs and houses, will remain, and yield a large
4111nUal rental to the shareholders. The baths have
i'viraYs been very popular among the aristocratic
tiara visiting the neighbourhood, and the inten-
t:ll of the directors is to extend the accommodation
vv public generally. The new arrangements
too ' Partly consist of billiard, reading, and lounging
,io,,::' commanding a sea view. As business will be
toately commenced, the directors are enabled
NidgUP?entreeua 5 per cent. interest on the capital
g the construction of the works.

Two o'CLocs.
tei4e At Paris, this per
according to Mr. Renter's
k gisatili, the 3 per Cent. Renter were 66f. 95c.
‘7.
iie g is
The En 1. h Stock Market has been very much
:NBecl to-day consequent upon the small amount
f:eiita,fs._ieez.negotiated. All the other departments
1,441 loite Ise been inanimate and heavy. Consols
y are 89i i, and for the account, 89z4 i.
Egg 1\1" Threes and Reduced Annuities are 84+
in,equer Rills, ls. prem. ; India 5 per Cents.,
'l7 if ; and Enfaced 5 per Cents., 1021.
1,0-41, .ere has been very little animation in the
I,4reilFn. karket, and prices have been rather heavy.
'oJah 6 per Cents., 1862, are 701 1 ; do. Con-
aolid 1
4. La, 4i 50/ ; Mexican, 27=',1 28 ; do. New, 26
1 ) Greek, 231 i ; Spanish Passive, 32+ 33i ; do.