The Sun.
London, England, 1865-03-16 00:00:00

Bank of England.

HALF-YEARLY MEETING—THIS DAY.
A court of directors of the Bank of England was held
this day in the Bank Parlour, at 12 o'clock ; the Deputy-
Governor, Mr. Heath, in the chair.
The DEPUTY-GOVERNOR said, before they proceeded
to business the court, ho hoped, would allow him
to express the regret of the court of directors at the
absence of the governor from the court that day. They
were no doubt aware that the absence of Mr. Hodgson was
caused through a severe accident, but he had great pleasure
in informing them that he was going on very favourably
(Hear, hear.) Although he was not personally with them
on that occasion, yet he was with them in spirit, as his
greatest pleasure was the prosperity of the great cor-
poration over which he had presided. (Hear, hear.)
He had then to inform the proprietors that that was ono
of the half-yearly general courts by the 12th bye law for
the making of a dividend. That the net. profits of the
half year ending the 28th of Feb. last were £807,317 13s. 2d.,
making the amount of the rest on that day £3,830,084 7s. 10d.,
and, after providing for a dividend of £5 10s, per cent., the
rest would be £3,029,669 7s. 10d. The court of directors,
therefore, proposed that a half-year's dividend of interest
and profits be made on the sth of April at the rate of £slos.
per cent. without deduction for income tax.

The proposition having been seconded, was carried una-
nimously.
The DEPUTY-GOVERNOR then announced that the divi-
dend warrants would be delivered and paid on Thursday,
the Gth of April.

A resolu ion to that effect having been formally carried,
The DEPUTY-GOVERNOR said that terminated the busi-
ness of the meeting.
Mr. H. D. PooLE said before the meeting broke up ho
wished to make a remark or two on a subject which had
excited great interest, viz., the loan which had recently
been effected in that country for the Bank of Spain. Ho
felt it was generally looked upon by the commercial world
that that loan was virtually for the Spanish Govern-
ment, and as it had been negotiated by the partner
in a large establishment in the City whose brother
was a director of the Bank of England, it was
imagined in some quarters that the Bank of England
was the real party to the loan. Ho could not but think that
it was of the highest importance that a distinct denial
should be given at that meeting if such was not the ease.
The DEPUTY GOVERNOR said he had no hesitation
in stating that the bank, as a body, had nothing
on earth to do with the transaction—(hear, hear)--_
and this declaration he wished to make in the strongest
manner that language would enable him.

Several Proprietors having expressed their opinion that
no such loan would have been entered into by the bank,
the subject dropped.
Mr. CLARX moved a vote of thanks to the directors for
their exertions during the past half year.
The motion was carried unanimously, after which tha
proceedings terminated.

MARKETS7-This Day.

MARK-LANE.

METROPOLITAN CATTLE.

About an average supply of beasts was on sale here, to-
day, in but middling condition. Most breeds moved off
slowly, at Monday's currency. The general top figure was
5s 2d per Blbs. The show of sheep was only moderate.
Downs and half-breds were in good request, at full prices.
Otherwise, the mutton trade was inactive, at late rates.
The highest quotation was Gs 6d per 81bs. Lambs sold
heavily, at from Gs to Gs 8d per Blbs. There was a fair
inquiry for calves, at extreme rates, viz., from 4s 8d to 5s
8d per Blbs. Pigs sold at full prices, but mulch cows were
very dull.