The Sun.
London, England, 1862-03-20 00:00:00

IZr).i%E.l' MARKET AND CITY NEWS.

CITY, Two O'CLOCK.

The Money Market, notwithstanding the con-
tinued quietude of the demand for commercial pur-
po►:es, is rather firmer, as the banks and private
esttlblishments anticipate greater activity during
the next fortnight, Owing to the usual quarterly
disbursements, and the extensive revenue collec-
tions. No change of importance is expected, but it
hi quite probable that slightly enhanced terms will
be asked for the negotiation of the best qualities of
mercantile securities. At present, however, accom-
modation is still obtainable, at quotations ranging
fuily -} per cent, below the minimum of the Bank
of -England.

At the half-yearly court of the Bank of England
pr oprietor§, held this day—Mr. Alfred Latham in
the chair—a dividend of 414 per cent. was declared
payable, without deduction of income tax, on the
sth April next. The net profits for the half-year
en ding 28th Febructry last were £609,8t8 14s. 2d.,
nmkiog the amount of the "Rest" on that day
£3,633,827 18s., and after providing for the present
dividend the " Rest" will be £3,015,325 Bs. The
dividend warrants will be paid on the 7th April.
The adjourned meeting of the Atlantic Royal
Mail Steam Navigation Company will take place
on the 24th inst., to receive the report and accounts,
and to transact the general business of the company.
A fair amount of business has been. transacted in
American Securities during the past week. Mr.
E. P. Satterthwaite, in his weekly circular, states
that the market in London for American Securities
remains very firm ; the transactions, since our last
having been important, at steady prices.

The amount of gold taken into the Bank of
England yesterday was £56,000.

A call of 10s. per share has been made by the
directors of the Malta and Mediterranean Gas Corn-
Puny, payable on or before the 10th proximo.
The Pera, from Alexandria, has brought £57,700
in specie.

The market for English Securities opened this
Morning with a buoyant' appearance, and, although
the transactions have been very limited, the recent
advance has been sustained, Consols having been
supported at 93/ ; for transfer, and 93; 94 for the
account. The New Threes and the Reduced are
92! 1, being steady; Exchequer Bills remain at
19s. to 225. prem. ; India Stock is 223, and the
5 per Cent. is firm at 1081 e.
A moderate amount of business is recorded in
oreign Securities, but prices in some instances
show less firmness.' Tuekish 6 per Cents. are 86 1 ;
ditto, 1858 711. 72; Mexican are flat at 34/ 35;
Peruvian have receded to 98 ; ditto Uribarren to
95 ; and Sardinian to 811 ; Spanish are 531; ; ditto
Deferred, 43i; ditto Passive, 191 1; and ditto
Certifießtes, 7.
The shares of the Alliance Bank of London and
Liverpool are 44 prem:.
The Rio de Janeiro City Improvement Company's
shares are f-, and prem. •
The last week's railway receipts, ascertained up
to this day, are in round figures as under :--

1862. 1861.
Great Western -....R51,012 £49,295
North-Western -
South- Western
Brighton 12,801 13,294
Midland
South-Eastern
Great Northern
,%-anoashire and Yorkshire
"Iti_ool and Exeter 5,605 5,733
4nohester, Sheffield, and Lincoln
lei?" South and West Ireland
_ inburgh and Glasgow
G sad"' Trunk of Canada
t Western of Canada 9,802 9,056
These returns are, in most instances, of a very un-
favourable character, and show the continued
depression of trade in the manufacturing districts.
Chl the North Western there is a decrease of
-f,33836 ; on the Midland, of £1,653 ; on the Great
-northern, of £1,353; on the South Eastern, of
£2.102 ; on the Brighton, of £493; on the Lanca-
shire and Yorkshire, of £3,661; and the Grand
Trunk of Canada, of £746.
• A more buoyant tone has prevailed in the Rail-
17aY Shore Market, and some of the principal
)3ritishundertakings have been dealt in at enhanced
Tates. Great Northern have improved ss. ; Cale-
c,4"4ll), Lancashire and Yorkshire, Midland, and
''ooth. Eastern, 10s.; and Great Western, 15s,
North Eastern (Berwick), however, have declined
about ss.

The Foreign and Colonial undertakings have
also exhibited a slight improvement. Bahia and San
:Francisco realise 17k ; Great Luxemburg, 11i 12 ;
San Paulo, 6-4- 1 ; Grand Trunk of Canada have im-
proved to 261 ; East Indian, to 104 and 1041 ;
Great Indian Peninsula, to 102 and 1011 ; and
Scindes, to 104.
Joint-Stock Rank and Miscellaneous Shares re-
main Without any material change. Bark of Aus-
tralia have improved 103.; Oriental Bank, 10s.;
Peel River Land, £1 ; and Royal Mail Steam, 10s.

BRITISH FUNDS—CLOSING PRICES.
Bank Stock ..
is 3 per Cent. Reduced Annuities
'l3 per Cent. Consols •Annuities
-New 3 per Cent. Annuities
Annuities, 30 yrs, expire sth Jan., 1880 —
Ditto for 30 yrs, expire sth April, 1885 lFli 1
pia Stock
-Ditto 5 per Cent.
sitto Enfaced Paper, 4 per Cent 9O
!iitto 5 per Cent
Ditto 54 per Cent
Ditto Debentures, 4 per Cent , Oct., 1863 100 '
- Ditto ditto April 1864 100
Ditto • ditto Aug. 1864 or 66 100 k
Ditto 1859
bitt. Bonds £l,OOO
_ Ibtb. under £l,OOO - 27
Ittlia.
Pon.sols for Account, April9i-
Stock for Account, 5 per Cent
March. I Jun..

chequer Bills, £l,OOO 2d
Ditto £5OO
—lito Small

I 19 22
ra. reek. FOREIGN FUNDS—CLOSING PRICES.
-.
tP.:tyi •
ean, 3 per Cent
1 Ditto Account
,PPerial Moorish Scrip 5l 1
"Dew Granada, 2•per Cent
''',l-I,:vi'4n 4f per Cent 9B
"'lto (Uribarren), 4 per Cent.
Ditto 3per Cent, —
Ditto Account S 5 t
Sip (;inian 5 per Cent.
Ditto Account
,*Spanish 3 per Cent
Ditto New Deferred
Ditto Passive
Spanish Cert. of Coup, not.funded
Turkish 6. per. emit, —
Ditto AccopAt .
i)itto New ,Loan
!)itto Accotant 721 la 2 11 I f
Ditto £lOO 80nd5....
Ditto Ouaratteed, 4 per Cent.
P e
rividends on the above payable in London.
r I._ , A
Iti!le4l Relates, 41. per Cent., Ex. 25f 96f. 50c.
p„Lav
lan Dollar , 5 pe r Cent
,8., 1861
Pe'';
londs, 4f per Ct. Ex. 4s. 874
eor 'Rolg, Money THREE O'CLOCK.
Ditto April Account

Comm,„,
---L.J.,TAL FOR FoßGEßY..—Yesterday Horatio
: ter :Fletcher, the eldest son of the Rev. Horatio S.
.1
elteb er, of Bilston Savings .bank notoriety, was brought
(3%1 a remand at the Wolverhampton Petty Sessions,
arged with forging a bill of exchange for £7B 11s., and
r4lBO with uttering the bill, both with intent to defraud.
She Magistrates were Mr. Partridge (stipendiary), and Mr.
Cartwright. It appeared that the prisoner was in r art-
-1,,15-:hiP with a Mr. Isaac Pitt, as iron merchants, at Wil-
'all) but that on the let of August a deed cf dissolution
ft 4Partnership was signed between them, but it was not
Petted. The conditions of dissolution were that f r bills
ec'treting to .E 750, of which bills the Rev. Mr. Fletcher
Was endorsee, Pitt was to go out of the concern, but was to
remain for a time as clerk. Early in January Pitt brought
,
him the bill in question, which had been drawn at the
cud of the previous September by the prisoner upon one
Jacob Groves, a lockmaker, of Willenhall, who was a cus-
c,-"ler of the firm. The bill had been dishonoured by
l'e'res after it bad been discounted by a bill troker, to
Nrho
111 it was presented by the prisoner, Groves main.
:L*tg that the signature was a forgery. When Pitt
1,1)("Ice to Fletcher upon the matter he denied that he
—ti forged Groves's name, but admitted that he had
4:„el it After calling upon two of the prisoner's
th l" upon the subject, Pitt paid the amount on
a Q bill out of moneys that had been received on the firm's
Ni__
ee°lltit subsequent to the dissolution. When the Rev.
Fletcher's defalcations were discoiered the prisoner
Lee
made a bankrupt, and, because the dissolution had not
gazetted, Pitt also. The trade assignees under the
prealtruptcy obtained possession of the bill and brought these
11°ee(mlings. Groves now swore that the signature was not
Is; Pitt deposed that ho believed it was the prisoner's,
e4:l sPoke to the prisoner's admission; and the son of the
tlBectoehunter swore to the prisoner uttering the bill. The
committed the prisoner for trial at the assizes, and
.cleelined to take bail.