The Sun.
London, England, 1865-07-24 00:00:00

XONEY MARKET

Exchequer Bills, 3s. to 4s. prem. ; and Bank of
England Stock, 246.
Dulness, accompanied with depression, is the
principal feature of the market for foreign State
stocks, but the depreciation, where it has occurred,
has not generally exceeded / per cent. The latest
quotations are as follows :—Turkish Consolides are
better at 491 s ; Spanish Passives have receded to
281 s ; Italian are 64 4 ; Mexican, 23.1 24 ; ditto
New, 231 ; Greek, 21 1 ; Clonfederate Loan, 7 9 ;
United States Five-Twenties, 701 4 ; Erie, 52 3 ;
and Illinois, 88/, 9/.
Business in the Railway Share Market has con-
tinued inactive, and a further downward movement
has taken place in prices. Great Eastern and
Metropolitan have each declined V. ; Great North-
ern A Stock and Lancashire and Yorkshire, each
10s. ; and North Western and North Eastern
(Berwick), each ss.
The Foreign-and Colonial lines remain without
material variation.

Bank and Miscellaneous Shares are dull, and
barely sustain former rates. London and County
have receded to 75k, London and Westminster to
97 ; while Royal Mail Steam have iirproved to
1141.

Subjoined are the current quotations of some of
the principal new, undertakings :--New Issue of
50,000 Preference Shares of £5 each of the Atlantic
Telegraph Company, pm. ; Northern Assam
Tea, par 1 pm. ; Chubwa Tea, par 1 pm. ; Rus-
sian Iron, 9 11 pm. ; London Bridge Land, 1
.11
pm. ; Albert Bridge, 1 11 pm. ; Downs Docks,
11 pm. ; London Quays, 1 dis 1 pm ; British India
Trust and Agency, 1 11 pm. ; Overend, Gurney,
and Company (Limited), 21 2* pm. ; Belgrave
Mansions, par pm. ; Blakeley Ordnance, 0 0
pm. ; Metropolis Sewage, 6 7 pm. ; Peruvian Rail-
ways, 4 5 pm. ; Lion Brewery, 2 21 pm. ; Bar-
ned's Banking, par 1 pm. ; Dalbeattie and liirkcon-
nell Granite, 2 21 pm. ; Hop and Malt Exchange,
21 3 p.m ; Massa Carrara Marble, 11 2 pm. ; Gene-
ral Exchange Bank, 11'2 pm. ; Anglo Greek Steam
Navigation, 11 21 pm. ; and I.lodge's Distillery,
3 31 prem.

BRITISH FUNDS—CLOSING PRICES.
GOVERNMENT FUNDS.
3 per Cent. Consols
Do. Account, Aug. 8 B9i 90
a per Cent. Reduced B9l 114 / I
New 3 per Cent' 892 I
New 2/ per Cent. Jan. 1894 —
Do. 5 per Cent. Jan. 1873 —
Annuities, 30 yrs, expire sth Jan., 1880
Do. for 30 yrs, expire sth April, 1885 —
Do (Red Sea Telegraph), Aug., 1908 —
Exchequer Bills, £l,OOO, 3/ per Cent. -
Do. £5OO 3 4
Do. £lOO and £2OO
Bank of England Stock, k per Cent 246
Do Account
INDIAN GOVERNMENT SECURITIES.
Indian Stock, 10/ per Cent., April 1874 —
Do. Account
Do. 5 per Cent. July, 1870
Do. Account
Do. 4 per Cent., Oct. 1888
Do. Certificates
.:Do. Enlaced Paper 4 per Cent
Do. 5 per Cent., Jan. 1872
Do. 5/ per Cent., May 1879
Do. 4 per Cent., Aug. 1866
Do. Bonds, £l,OOO —
Do. under £l,OOO
FOREIGN FUNDS—CLOSING PRICES.
Austrian Bonds, 5 per Cent, 1859 —
Brazilian 5 per Cent —
Do. 41 per Cent., 1852-58-60
Do. 1.863
Buenos Ayres 6 per Cent —
Do I per Cent. (Deferred 3 per Cent.)
Chilian 6 per Cent —
Do. 4/ per Cent. 7Bl
Colombian 6 per Cent. —
Cuba, 6 per Cent.
Danish 3 per Cent, 1825 —
Do. 4 per Cent., 1863 —
Do. 5 per Cent., 1773-77, £25 paid —
Danubian Principalities
Do. Account
Do .£B6 paid —
Equador New Consolidated, 1 per Cent —
Do., Provisional Land Warrant —
Egyptian 7 per Cent 9B
Do., Second Issue .
Do £lOO Bonds .
Do.
Do £lOO Bonds
Greek 5 per Cents., 1824-5, ex Coupons
Do Account —
Do. Coupons
Do. Account
Guatemala 5 per Cent.

1861_

Do. 1839 and 1850
italian 5 per Cent (Maremmana Railway)
Do 1865
Do Scrip, £671 paid
Do 5 per Cent., 1864 —
Do. Scrip, £55 paid
Mexican 3 per Cent. —
Do. Account
Do 1864 23 I-
lk) 6 per Cent. Anglo-French —
Do'French Scrip, Ex. 25f 20c —
Montevidean 6 per Cent., £3O paid
Moorish Imperial 5 per Cent
New Granada —

i)
COMMERCIAL INTELLIGENCE,

TWELVE O'CLOCK.
:Acre is a very general expectation that the rate
.cl/4 discount cannot be much longer maintained at
its_ present price-3 per cent. The uncertainty
revents bankers and brokers negotiating even the
eit short-dated paper at the official minimum, and
the c°usequence is that the greater number of per-
sons requiring accommodation apply to the Bank,
Where assistance can be obtained upon easier terms.
toThe third report of the directors of the East
Ildon Bank states that the profits for the half year
Piing June 30, after providing for all bad and
r',oiibtful debts, deducting rebate of interest on cur-
jut bills, and writing off an adequate proportion of
the amounts standing to the debit of bank premises
and preliminary expenses, enable the directors to re-
4alnend a dividend at the rate of 5 per cent. per
44111.1111 free of income tax.
b The half-yearly meeting of the shareholders of the
that
Otacgo was held to-day. The report stated
174 the gross profits for the year, after allowing for
"ad and doubtful debts, amount to £29,490 4s Bd.
I:,°lu which it is necessary to deduct £l,OBO, Os. 10.
the balance carried from the last accoent, £13,623
Now
fot the expenses of managemen in London and
l"ew Zealand, and £6,145, ss. 11d. for interest paid
°l' money during the high rates ruling in 1861,
je4ving a net profit of £8,641 7s. 11d. which the
)
iolreeters' recommend shall be appropriated as fol-
s) :-2500 in reduction of preliminary ex-
penses,t £6OO iu payment of travelling expenses,
dew Zealand, and £7,334 15s. 11d. towrrds a
lidend at the rate of 5 per cent on the capital
alled to" 31st of December last, free of income
~taxie
and that the remainder, £206 12s. becarried
forward to profit and loss new account.
At the first ordinary meeting of shareholders of
Renter's Telegram Company, the report, which was
unanimously adopted, stated that there was a pro-
fit of £6,645 10s. 11d. for the six months ending
the 30th June last. The directors, therefore, declare
141 interim dividend at the rate of 8 per cent. on the
Capital as paid up, which will absorb £6ll 25., and
after payment of all charges and writing off £2OO
from the preliminary expenses, there will remain a
balance of £2,442 5s 2d to be carried forward to the
he'd account.

Do 2 per Cent
Do Deferred
Do Land Warrants (Hectares)

Peruvian 4i per Cent. . —
Do Scrip, £45 paid, paid in Bonds — dis
Do 3 per Cent. (Uribarren) —
Do 4i. per Cent., 186'2
Do. Account
PJrtaguese 3 per Cent., 1853
Do Account —
Do 3 per Cent., 1856, '7, '9, '6O, '62, '3, 471,- 1-
Do Account —
Fussian 5 per Cent., 1822, £ St.,
Do 41 per Cent., 1850
Do 1860
Do 3 per Cent., 1859
Do 5 per Cent., 1862
Do 1864
Sardinian 5 per Cent

Do. Account
Spanish 3 per Cent
Do New Deferred —
Do Account 4O 1 391
Do Passive —
Do Account 2Bl i 4
Spanish Cert. of Coup not funded
Do Account l3l
Swedish 4 per Cent. —
Do. 44 per Cent. 1864
Turkish 6 per Cent. 1851
Do Account 94
Do 6 per Cent. 1858
Do Account 734 4
Do £lOO Bonds
Do. 14 per Cent —
Do 6 per Cent. 1862
lko Account 721 34
Do £lOO Bonds 74 31 44
Do 6 per Cent.,1863 —
Do 5 per Cent. 1865
Do Scrip, £35 paid
Do Guaranteed, 4 per Cent —
Venezuela 3 per Cent. —
Do. Account
Do. 6 per Cent, 1862 —
Dividends on the above payable in London.
Austrian, 5 per Cent, Ex. 10 Florins
Belgian, 44 per cent., Ex. 25f.
Dutch 24 per Cent., Ex. 12 Guil —
Do. 4 per Cent. Certificates —
French Rentos, 41 per Cent.
Do Account —
Italian C per Cent., 1861, Ex. 25f.
Do. Account
THREE O'CLOCK.
Consols
Do. Account

LAW INTELLIGENCE—This Day.

. It is announced by the London, Chatham, and
,
1 Nver Railway Company that in consequence of the
r approaching completion of the company's system of
f ' t4ilsvays the rates of interest on debentures are re-
'_ d
liced to 5 per cent. per annum on debentures for
,
vo or three years, and 4i- per cent. per annum on
1 debentures for five or seven years.
f
-4- prospectus has been issued of the Massa-Car-
rara-,,..
; -marble Company, with a capital of £140,000,
5 4n shares of .E. 20, to purchase the quarries near Leg-
f hor
-11 for £,BO 000.
3 )
d. The accounts from the various manufacturing
3
I iStrietB for the past week have generally been of a
1 ilati4a t - The
lir , c ory character. woollen trade of Leeds,
r
1 • khladford, and Huddersfield has continued season-
)2 ,active, while at Manchester a fair export busi-
-
trade,been done in both cloths and yarns ; for the
however there has been a very limited
11.(;'ciliel:as
tester
The hosiery and lace departments of
"(.17ce-der and .
.Nottingham have shown increased
- Ito.
on while in the hardware district of Bir-
r 4,141 h ,
I
r d g aril, Sheffield, and Wolverhampton consi-
et'ahle activity has prevailed, and prices remain
-44
I ----

Two O'CLOCK.
It At the Paris Bourse this morning, according to
67eciltelja telegram, the 3 per Cent. Rentes were
.14' 65e. Excited.
till—in"B in the market for English Stocks co.n-
i_t Inportance,
0,-11.es extremely inactive. There is no speculation
and the investing public show no
tnhelination to effect sales or purchases. Consols,
90erefere, remain at 894 for money, and at 89i
atldfor the account. The New Three per Cents.
89 t,he Reduced Annuities have been dealt in at
2 ; India 5 per Cents. are marked mg i;

COURT OF CHANCERY.
(Before the Lords Justices.)
FROST V. FROST.-TUDGMENT.
This was an appeal before the decision of Vice-Chancellor
Wood. It appeared that the petitioner had purchased the
stock of a person named Benjamin Hutton, deceased, from
his trustees, at a certain valuation. - The purchasers paid
the full amount demanded, but subsequently found that
some pickles and other portions of the stock were unfit for
use, and they wore destroyed. He then filed a petition
praying that an inquiry should be made in reference to the
said portions of the stock, deciding the utmost that had
been paid for them, and directing the said amount to be re-
funded to the petitioner out of bank annuities. The Vice-
Chancellor made an order in conformity with the prayer
of the petition from which the appeal was made by a per-
son beneficially interested in the estate of the deceased, on
the ground that there had been no warranty given or
fraud committed.

Lord Turner, in delivering judgment, said that, although
no warranty had been given, and no fraud was imputed,
still, as the vendor knew that the goods were purchased
for sale, there had been some complaint about them pre-
viously, and that they turned out so bad that the inspector
of nuisances desired them to be destroyed. Shortly after
the purchase ho thought the order was strictly just.
Lord Justice Knight Bruce said that, although there
might be some technical question raised in regard to the
question, there could be no doubt as to the moral right of
the petitioner for.the redress he sought.
The appeal was accordingly dismissed, but without costs.

COURT OF BANKRUPTCY.
(Before Mr. Registrar Murray.)
IN RE MAJOR BROWSE.
This bankrupt was described us of various addresses,
major in the 69th Foot, and to-day was appointed for a
meeting of creditors. The debts are about £7,000, the
principal claimant being the Hon. Home Browne, £2,196.
A proposition by circular to pay 2s. in the pound had been
made, and it was generally understood that eventually the
matter would be taken out of court. The bankruptcy is
ascribed to insufficiency of income and heavy discounts
paid upon loans.

itaines, Wok., & Wok
Taff Vale
Do. C
Vale of Neat

Waterford & Kilkenny
West Cornwill

W.Hartlepool H ar.&
Do. A irredeemable..
Do. A redeemable

MARKETS—This Day.

Elm SUN, LONDON, MONDAY El/ENING, ,JULY 24, 1865.