The Sun.
London, England, 1865-07-22 00:00:00

MONEY MARKET

AND
COMMERCIAL INTELLIGENCE,

TWELVE O'CLOCK.
Little business has been transacted in the discount
Market to-day, and there is no alteration to report
In the terms upon which bills are negotiable.
About £4,000 in gold was taken out of the
Bank yesterday for export to the Continent.
The Foreign Exchanges yesterday afternoon
Were in a few instances slightly lower.
The movements of specie during the past week
have been on a very limited scale as regards the
imports, and which have only- amounted to
42,244 ; while the exports have been to the extent
of £376,190, chiefly to the Continent.
The third report of the East London Bank has
lust been issued. The profits for the half year end-
ing 30th June, 1865, after providing for all bad and
doubtful debts, deducting rebate of interest on cur-
rent bills, and writing off an adequate proportion
of the amounts standing to the debit of bank pre-
lllises and preliminary expenses, enable the directcrs
to recommend a dividend at the rate of 5 per cent.
Per annum, free of income tax. The directors think
,it right to add that the number of current accounts,
both at head office and at the branches, have been
and are steadily increasing, and the amount of
mosey deposited is much larger than heretofore.
The report of the English, Scottish, and Austra-
hlian Chartered Bank, for the half-year ending in
e colonies 31st March, and in London 30th June,
has been issued. It shows a balance of profit of
d 44 22,538, with which the directors are enabled off
lare a dividend of 7 per cent., to write £l,OOO
Premises and furniture account, and to carry
forward £538 to the next half-year. The directors
;egret that the necessity has arisen to write off a
nrther sum to meet the loss from failures referred
'.° in the former report, but anticipate with con-
4clenee that the future profits will admit of an
increased dividend.
-"-
n,odges' Distillery Company, requiring, a capital
47 £200,000, in shares of £25 each, is 'a new under-
iaking of great promise. The association has been
b°llned. to purchase and carry on the well-known
wed
of Hodges' distillery, which has long en-
alled a great reputation. The establishment, with
co 48 current trade, will be handed over to this
1n41134 11y on the Ist August next, the vendor gua-
44teeing the company against any loss as to such
the assets and liabilities as it may be mutually
convenient to transfer. The arrangements of con-
version:ls have been carried out by Messrs. Clench,
4, and Co., financial agents, who introduce
The
to the investing public.
e 4-11 e -Anglo-Greek Steam Navigation and Trading
bhb,PanY, requiring a capital of £750,000, half of
'l3. is to be first issued in shares of £25 ech, has
%len introduced. The object is to provide as regular
e of steamers between London and the East, and
direr contract has been made, by which the
able are enabled to secure, on /unusually favour-
f° terms, ternas, five new steamers admirably adapted
trade. These steamers have been only re-
ZirltlnYislaunched, and having been built specially
dim. the Mediterranean trade, there will be no
Dur,,e,llltY in commencing operations at once, The
partTage-money will be paid partly in cash, and
posed in shares of the company. It is pro-
-1,04 to run . a line of powerful steamers from
144°11 to Gibraltar, Sicily, Malta, the lonian
thecills, and the principal ports of Greece, Turkey,
true
lack Sea the Islands of the Archipelago, the
—ast of s •
yria, and Egypt. The import and export
cit'l7e of Great Britain with Turkey and Greece
dillning the last five years has assumed an extraor-
4rY magnitude. The principal impediment to the
ePans'
ion of the trade has hitherto been found in
Wont of a direct communication between the
countriesvn ; but as the establishment of this company
Supply the deficiency, there can be no doubt
old that a well-organised steam and trading com-
Pally, with ample capital, will command the 'greater
Portion of the trade. The list of directors comprises
ieveral gentlemen largely connected with the com-
nierce of the East, and some holding high official
Positions.

TWO O'CLOCK.
,At the Paris Bourse this morning, according to
telegram, the 3 per Cent. Ilentes were
67f. 75e.
F.
4tt114 the Stock Exchange markets there is very
e
ba„, animation. The English funds have been
:.-4eularly neglected, and have declined about
aten
er,
~sequence, Consols being 89i 90 for money,
k for the account. The New Threes and
1031 u• -Annuities are 89i ; New 5 per Cent.,
Str,2;; Exchequer Bills, par ; Bank of England
247 ; India 5 per Cent., 1870, 104 ; ditto
il'aced Paper 4 per Cent., 89.
tiotill the Foreign Market there is very little anima-
-186 414 quotations are firm. Turkish 6 per Cents.,
23,7 'cre 73f ; ditto Consolides, 49f ; Mexican,
SpLZ.44. ; ditto New, 231 I ; Greek, 21i ;
itaii7h Passive, 284 29f ; Certificates, 13* 14-k ;
gin' 64 ; and Cioftfederate Loan, 79.
ti4,,linees in the Railway Share Market has con-
North inactive, and prices generally are flatter.
Afid4lll Western have declined ss. ; Great Eastern.
ea,014114) North Eastern, York, and South Eastern
h108*; and Great Northern A Stock, 15s.
Shan e Foreign and Colonial lines remain without
tage,..°f importance.
delnl3 ill`
and Miscellaneous Shares generally are
D 101314, with one or two exceptions, support pre-
es,rat
84' •oi
the Jned are the current quotations of some of
50,0tinciPal new undertakings :—New, Issue of
Tele 0 Preference Shares of £5 each of the Atlantic
Te4graith Company, par pm. ; Northern Assam
Ca.a trar Chubwa Tea, par ;
Bus-
Pea
-"' 8 10 pm. ; London Bridge Land, 4
; Albert Bridge 1 11 pm. ; Downs Docks,