The Sun.
London, England, 1862-05-30 00:00:00

CITY NEWS---THIS DAY.

Two O'CLOCK.
The twenty-first annual meeting of the lonian
Bank was held to-day. Mr. 011iver Ferrar in the
chair. The directors' report recommends a dividend
of 6 per cent. per annum. The Chairman moved
the ad option of the report, and said that the past
year had been the most favourable since the com-
mencement of their operations. An addition had
been made to the reserve fund, amounting to nearly
the same sum set asidelastyear. A failure had taken
place at one of their agencies, which amounted to
£1,600, but Ll,OOO of that sum had been provided
for by the directors. The progress of the bank led
the managers to hope that in the course of another
year they would be able to make a distribution
among the proprietors in addition to the Racial
dividend. The motion was unanimously carried,
and the directors who retired by rotation re-elected.
There has been a meeting to-day of the Trust
and Loan Company of Upper Canada. The direc-
tors' report, which was adopted, gave the net
profits lor the six months ending the 31st March
at £14,839 Bs. 2d., which, added to the sum brought
forward from September, made a balance at credit
of revenue of £14,880 10s. A dividend at the rate
of 133 per cent. per annum, less income-tax, was
therefore declared. It was also resolved that one
half of the surplus profits over 6 per cent. per
annum, and the usual charge for interest, amount.
ing together to £3,962 15s. 7d., be carried to the
reserve fund, in accordance with the provisions of
the royal charter of incorporation; and that £5OO be
applied to the redemption of preliminary expenses.
There will then remain the sum of £42 14s. sd. to
the credit of the next half-year's accounts.
An improvement of 1 per cent, has taken place
in the market for English Securities, Consols being
93t, for transfer, and 921 4, less the dividend, for
account. Purchases have preponderated, and a
better feeling has been engendered by the easier
tome of the money market. The New Threes and
the Reiuced are 911 ; Exchequer Bills are flat at
10s, tc 13s. prem. ; Bank Stock has receded to 234;
but lidia 5 per Cents, are firm at 1091 1.
There has been very little activity in the
Foreign market, but prices in most instances
teal upwards. Turkish 6 per Cents. are 801 81 ;
ditto, 1858, 694 704 ; Egyptian Scrip has improved
to 1! prem.; Russian ditto to 1 4 prem. ; Spanish
Certificates to SI, 91; Italian 5 per Cents, to 701 ;
Tortuguese are 454 ; and Dutch 4 per Cents. 1004.
In the Railway Share Market the operations
have continued limited, but prices, in some instances,
have been firmer. Eastern Counties, Lancashire
and Yorkshire, and North Eastern (Berwick) have
improved 55.; Great Westerns, Manchester, Shef-
field, and Lincoln, and South Easterns, however,
deelint d ss.
The Foreign and Colonial lines are also at slightly
enhanced prices. South Austrian and Lombardo-
Venetian advanced to 214 211 ; East Indian to
108: 1; Great Indian Peninsula to 1031.
Joint Stock Bank and Miscellaneous Shares
generally remained without material change in
values—Oriental Bank being dealt in at 501 •'
Crystal Palace Stock at 33; and Rio de Janeiro
Improvement at 264 27.

Bank
BRITISH
Stock• FUNDS—CLOSING PRICES
.......... 23 t
3 per Cent- Reduced Annuities;....... . 91k
3 per Cent. Consols Annuities .......... ,3a i a i
New 3 per Cent. Annuities, ............. 94, a a
India stock ........ ~. .................
9i t
Ditto 5 per Cent.
1
9t
Ditto 51 per Cent.
Consols for Account, June 10 ..
Exchequer Bills l'l,ooo, 3 per Cent lO 13
Ditto £SOO
Ditto Small
FOREIGN FUNDS—CLOSING PRlCESBrazilian, 5 per Cent.
Ditto 41 per Cent., 1852-58-60
Egyptian, 7 per Cent
Mexican, 3 per Cent
-Ditto Account 3l
PPortuguese 3 per Cent., 1853 451
,tossian 5 er Cent 1822 ZSt
Ditto, 5 per Cent., 1862, Scrip
Ditto Paid up Scrip
11
Turkish 6 p9k
er Cent. 185. not fund 4
funded
..___
Ditto 6 per Cent , 1858 Ditto Account
70,1
DitDitto 1862 (Scrip), 2a i I
to, Paid up Scrip .................
• 2
Dividends on the above payable in London.
Dutch 2;1 per C a , Exchange 12 Guil. .. 64
lial)illatatnsl-;eertrieficeeanticts, 4 per Cent. ........ 1001
~ 1861, ex 25f
701 1
Consols
Ditto Account
,1- ex dig
M F-

-E. .c,DWIN ,TAMES.—The committee appointed
by the Law Institute of New York to investigate the case
of Mr. Edwin James—the matter of his admilssion to the
bar of New York, and his professional scion
in England
at the tirae—had reported adversely to Mr, James, demand-
ing that the order admitting him be. revoked, unless he
showed good cause why such acts be
should not be taken.
In consequence of t tis report -Mr. D. D. Lord presented
certain papers to the c
-nPrP:ole Court, at its sitting on the
16th instant, and said :-_. ,
On behalf of the Law Institute of
the ciiY of New Ye' fir, lmove to revoke the license of Mr.
Ed«•in James, cbunsollor-at-law and an attorney of thiEf
court, certain facts having onae to the knowledge of the
members of the Law Institute ei,,,,,, his
admission
to
the
had kno, r»
bar, which, if they
--'vi°ll-81Y, would have pre-
vented his being admitted. The Court took the papers.
A meeting of the Bar was to be held en the subject at the
Astor House on the 17th,

6.4.0

19.18.4'

12.10