The Sun.
London, England, 1862-04-30 00:00:00

MONEY MARKET.

CITY, TWELVE O'CLOCK.

There is no change to report in the appearance of
the Money Market to-day, the requirements of the
public being supplied on previous terms. The capi-
tal afloat continue abundant.

About £2,000 in gold was purchased by the Bank
authorities yesterday, but £30,000 was withdrawn
for exportation.

Gold is now 4-10ths per cent. dearer in London
than in Paris, and 2-10ths per cent. higher here
than in Hamburg.

In the Liverpool Cotton Market yesterday busi-
ness was rather quiet, but prices were steady. The
sales were 5,000 bales.

CITY NEWS---THIS DAY.

Two O'CLOCK.

At the half-yearly meeting of the Chartered Bank
of India, Australia, and China, to -day, the report
of the directors stated that the general balance-
sheet for the year exhibited a net profit of
£40,654 18s. ld., which, after deductions of the half-
ye3rly interim dividend, declared on the 30th of
October last, left a disposable balance of £22,967
6s. 6d. The directors heal always felt the necessity
of gradually increasing the reserve fund; and fol-
lowing out that object, they considered it for the
interests of the bank to recommend to the share-
holders a dividend ',Cr the past half-year, at the
rate of five per cent. per annum, free of income
tax, and to ar'Ad £5,000 to the reserve Fund,
which will thorn amount to £15,000.

The ha,f-yf arly meeting of the Cape Town Rail-
way end Dock Company has also taken place to•
day. The repc.rt stated that the first portion
of the line from the Parade in Cape Town to
Eerste River, twenty-one miles in length, was
opened for trfaffic in February last, and that a
further portion as far as Stellenbosh, 10 miles
in length, will be ready for traffic about the
middle of the present month. The Government
guarantee commenced from the time the line was
opened 'tor traffic, Considerable advances have
been made against revenue for wages and stores,
and the directors have, therefore, proposed to the
Colonial Government that instead of deducting
these charges from the first year's revenue they
should be allowed to raise a sum, not exceeding
£20,000, as working capital, and to charge the an-
nual interest thereon at 6 per cent. in the working
expenses. The final call of £2 per share on the
present share capital has been made payable on
the 4th of May, and the warrants for the guaran-
teed interest for the six months ending March 31st,
have been issued. The chairman, Mr. T. A. Mit-
chell, M.P., moved the adoption of the report. The
dividend for the past year, he said, was about 1 per
cent. less than previously, on account of the in-
crease of £5,000 to the reserve fund. This addition
'would give the bank greater security, and the public
increased confidence. When the present balance
sheet was compiled, the rates of exchanges in
Australia and China were depressed, but since that
period about £3,000 had been cleared off, which
way very satisfactory. The directors would endea-
vour for the future to increase their deposit accounts
which was considered one of the most profitable
branches of banking. By the last mail, symptoms
of improvement were discernible in China, and if
tranquillity should be restored between the
Taepings and the Imperialists a very large
English trade would, no doubt, be created. At
Singapore, the Bank could issue bank-notes, which
measure was now in full operation. The report
Was carried by acclamation, and the retiring elec-
tors re-elected.

The official returns relating to trade and naviga-
tion, for the three months ending the 31st March,
have just been published. From these it appears
that the total declared value of the exports from the
United Kingdom during that period has been
£26,423,763, being a decrease of £1,245,486 com-
pared with the like period in 1861. The decrease
is most perceptible in cotton, yarn, cotton manu-
factures, haberdashery and millinery, hardwares,
and cutlery, linen manufactures, machinery, salt,
QM,. mil la nfoni-nrcla, Tlrifich ap;r;ta, and larnbo'
wool, and woollen manufactures.
The importations of the principal articles were
larger as regards indigo, coffee, wheat, flax, hemp,
palm oil, provisions and spices,but smaller for rum,
cotton, rine, tallow, sugar, tobacco, wine, and
sheep's and lambs' wool.
The shipping accounts exhibit a decrease in the
amount of tonnage employed in the foreign trade of
the United Kingdom, for the three months, of
315,186 tons for the entries inwards, but an in-
crease of 202,926 tons for the clearances outwards.
In the coasting trade for the three months,
20,946 tons more were employed than on the cor-
responding period in 1861 ; for the entries inwards
there was a decrease of 77,811 tons in the clear-
ances outwards. _ _ _

A remittance of £4,062 has been received by the
mail from Guayaquil on account of the dividends
on the debt of Ecuador.

The English Stock Market bas presented a quiet
appearance, the dealings both for investment and
an speculation being conducted on a limited scale,
and Consols are well maintained at 931 94 for
money and the Bth proximo, and 944 for the 10th
of June. The New Threes and the Reduced re-
main at 924- ; Exchequer Bills are flat at 17s. to 20s.
prem. ; Bank Stock has receded to 2361 hnd 237,
and India 5 per Cents. are 1087,- 8.
The dealings in the Foreign market have been
extremely limited, and prices show no change of
importance. Turkish 6 per Cents. are 80,1 ;
ditto, 1858, 691 701; and the new Scrip is firmer at
.21 8 'Rem. ; Russian 5 per Cents. are steady at 964;
but Italian has receded to 681 ; Brazilian remain
at 101. _ _ _ •

In the Railway Share Market the operations
lave been to an average extent, and a slight ad-
vance has been exhibited in prices. Eastern
Counties, Great Western, South Westerns, and
Midlands have advanced 6s. ; London, Chatham,
and Dover, and South Eastern 10s.; and North
Westerns and North British 15s.

The Foreign lines were in fair demand, at about
late rates. Great Luxembourg realise 151 1. ex
div ; Dutch Rhenish, 18i ; Sambre and Meuse
131 b, and San Paulo to 81

In the Colonial Market Grand Trunk of Canada
lave improved to 241 a ; Great Western of Canada
'to 12',2-; East Indian to 104i1 ; and Great Indian
:Peninsula to 1021.

The Egyptian Loan is 11 f, prem. ; and the New
Russian, 2 prem.

Th. Alliance Think shares are 44 5 prem.; Im-
perial, prem.; Northern Counties, 21 3 prem.;
and British Columbian, 11 prem.
Joint-stock Bank shares remained dull, without
material change as regards prices. New South
Wales realise 40 to 401; London and South
Afric4n, 101; Chartered of India, London, and
China, 341; and London Joint-stock have improved
to 37.
In the Miscellaneous Market business continued
very dull. Rio de Janeiro Improvement brought
26 ; and General Steam Navigation, 26.

BRITISI FUNDS--ONE O'CLOCK.
Bank Stock
3:per Cent. Reduced Annuities 921 2
3 per Cent. Consols Annuities
New 3 per Cent. Annuities
:New 2-1 per Cent. Annuities 7B
Annuities, 30 yrs, expire sth Jan., 1880 —
Ditto for 30 yrs, expire sth April, 1885 l5 3-16 5-16
India Stock
Ditto 5 per Cent.
Ditto Enfaced Paper, 4 per Cent —
Ditto 5 per Cent
Ditto 6 per Cent loBk I
,Ditto Debentures, 4 per Cent., Oct., 1863 1001
Ditto ditto April, 1864 1001
Ditto Bm. ds £l,000
Ditto under £l,000
Consols for Ac,•ount, May 8..... 93/
:Exchequer Bills ,Cl,OOO, 3 per Cent 2O 18
Ditto £500
Litto Small ....
FOREIGN FUNDS—ONE O'CLOCK.
:Brtri.ilian 5 per Cent
Italian, 5 per Cent (Marcnamana Railway)
Ditto Scrip
nssio.n 5 per Cent 182?, £ St 961
Spanish Cert. of Coup. not funded
Turkish 6 per Cent.... -
Ditto 6 per Cent, 1853 —
Ditto Account
Ditto, £lOO Bonds
Ditto 1862 (Scrip)
Dividends on the ab ove payable in London.
Italian, 5 per Cent., 1861. .... 6Bl i
TWO O'CLOt li.
Consols, Money . 93/ 4
Ditto Account :' .