The Sun.
London, England, 1860-03-29 00:00:00

CONEY MARKET AND CITY NEWS.

CITY, Two o'CLocic.
ADVANCE IN THE BANK RATE OF

DISCOUNT.

The directors of the Bank of England have raised
the rate of discount from 4 to 41 per cent., owing
to the pressure for money, and the enhanced quo-
tations demanded in the general market.

At the meeting of the Chartered Bank of India,
Australia, and China, a dividend (free of income-
tax), for the half-year ended 31st Dec. last, at the
rate of 7 per cent. per annum, was declared.
Although the exportation of specie is still rather
extensive, the shipments are not so important as
they were a few weeks ago, and the recent receipts
of Australian gold have satisfied the current re-
quirements of the bullion dealers. Several days
have now elapsed since any withdrawals were
announced from the Bank of England, and if some
large remittances should speedily arrive from Vic-
toria it is probable that a portion would be sent
into that establishment.

To-morrow a call of £2 per share, amounting to
£40,000, is due on the Dublin and Wicklow 6 per
cent. railway shares.
A special meeting has been convened of the
Great Ship Company, for the purpose of confirming
the resolutions passed at the last meeting, the
election of two more auditors, &c.
In the Liverpool Cotton Market yesterday a
moderate amount of business was transacted, and
Prices were unaltered. The sales were estimated
at between 7,000 and 8,000 bales. The Railway
Share Market closed quietly, but quotations were

The last week's railway receipts, ascertained up
to this day, are, in round figures, as under :

1860.
North-Western
Western . .. £29,067
2orth-Western 73,743
,',outh-Westem
Zrighton 12,098
kidland
South. Eastern
Great Northern
ail cashire and Yorkshire
alanchester, Sheffield, and Lincoln
Forth-Eastern
Bristol and Exeter 5,719
Oxford, Worcester, and Wolverhampton 4,845
Edinburgh and Glasgow 5,728
Glasgow and South-Western 6,961
Scottish North-Eastern
Grand Trunk of Canada
Great Western of Canada

1859.
£27,946
69,839
13,721
12,745
33,021
16,557
21,127
29,350
9,905
32,951
5,535
4,3.59
5,628
6,711
3,370
9,284
8,456

Those returns show a continued increase in the
receipts of most of the principal lines. On the
Great Western it amounts to £1,071, the North
Western to £3,904, the South-Western to £B6B,
the Midland to £5,295, the Great Northern to
£1,767, the Lancashire and Yorkshire to £3,210,
the North-Eastern to £2,930, the Grand Trunk of
Canada to £3,904 ; and the Great Western of
Canada to £276.

There has not been much activity in the English
Stock Market to-day, but the tendency of values
has been unfavourable, sales having been pressed
111 consequence of the rise in the rate of discount.
Consols have, therefore, declined to 94 for money
ana 941 for the account. India Stock remains at
2201; ditto New Loan is 1041 ; Exchequer Bills
have been dealt in at 16s. prem.

Business in the Foreign Stock Market continues
Inactive, and prices show no change of importance.
Turkish 6 per Cents. are 781 to 791 ; ditto New,
601 to 61i; Russian 41 per Cents, are firmer at
972, ditto 3 per Cents. at 65, and Spanish Deferred
at 341 -a, but the Passive are flat at 141, Dutch 21
per Cents. at 651, and ditto 4 per Cents, at 1011 4 ;
the New Brazilian Loan is marked 2 dis.
The Ocean Marine Insurance Shares are 31
prem. ; the Universal ditto, a prem. ; and the
Buenos Ayres Railway, 21 d prem.
In the Railway Share Market the chief businesss
transacted has
been in connection with the half-
monthly settlement. In most instances prices have
shown less firmness. Caledonian, Eastern Coun-
ties, Great Northern, Great Western, and North-
Western have declined 65.; Manchester, Sheffield,
and Lincoln, 10S.; and Great Northern A Stock,
4:1; Lancashire and Yorkshire, North-Eastern
(Berwick), and South Eastern have improved ss. ;
Midland, 10s.; and Scottish North-Eastern, £l.
741 The Foreign and Colonial undertakings have
°Z.n. little variation of importance.
Int-stock Bank and -Miscellaneous Shares are
dull, mid barely support former quotations.

BRITISH FUNDS—cLosma PRICES.
3 per Cent. Consols Annuities .•• • • 94kailai
India Stock ... 2201
Ditto 6 per Cent:
Ditto Enfaced Paper, 4 per cent. —
Ditto 5 per Cent. .. 9S
Ditto 51 per Cent
Consols for Account (April)
Exchequer Bills, .61,000, Itcl —
Ditto f.. 500 .... 16 19 p

FOREIGN FUNDS—CLOSING PRICES.
trazilian 5 per Cent.
Ditto 41 per Cent. 1858
Ditto Scrip, 1860
?ilexlean 3 per Cent.
Peruvian 4i per Cent . —
Ditto 3 per Cent.
Porturuese, 1853, 3 per Cent. ... 43i
Ditto Small
itussian, 1822, £ St., 5 per Cent. —
Ditto 41 per Cent 97i
Ditto, 3 per Cent., 1859 64
15Pallish 3 per Cent . ••• -
Ditto New Deferred, 3 per Cent........ 341 1
Ditto Passive
Turkish 6 per Cent.
Ditto New Loan
Ditto Account -
Dividends on the above parable in Londo2.
patch Exchange, 12 Guil. 21 per C-ent 65,P
Ditto Certificates, 4 per Cent. ..

'THREE O'CLOCK.
Consols, Money
Ditto Account

LAW INTELLIGEN CE.—(This Day.)

HOUSE OF :LORDS.

Veers Present :—Lord Cranwort h (presiding in the absence

of the Lord Chancellor), Lord Chelmsford, Lord 'Wens-

leydale, Lord Kingston ;and c Cher Peers.
IhrtßW AND ANOTHER V. TPIE NATIONAL EXCHANGE
CompANY OF SCOTLAND ET. AL. (ORIGINAL AND SUP-
PLEMENTAL APPEALS.)

This is an appeal from a decision of the Court of Session
in Scotland against the appellmts. The present question
°l'iginated in an action raised before the Court of Session,
at the instance of the National Exchange Company of
Scotland against the appellan t. The action concluded for
t'43'lnent of £6lB 17s. 9d. sterling, with the interest of £603
2s. 2d. sterling thereof, being the alleged principal at the
fate of 8 per cent., capital one, million. The company was
instituted to carry on business as bankers, bill, stock, and
railway shareholders. The defendant objected to the title
Of the company to pursue this action on a mere descrip-
tive firm as the " National Exchange Company of Scot-
-44141." The defendant also pleaded non-liability in ra.-
°Peet of fraudulent misrepresontations of the value and pro-
-148 of the business of the coi npany. Also non-production
44 the company's books in this cause.
The Attorney-General (Sii • Richard Bothell, Q.C.), is
`441 being heard for the appellant.

POLICE INTELLIOENCE.—(This Day.)

MARLBOROUGH-STREET.

THE BEST MODE OF DISPOSING OF JUVENILE CRIMI.
41
-'B.—Edwin Jones, a boy of 12 years of age, was charged
before Mr. Bingham with stealing a large piece of bacon
'rota the shop of Mr. Keevil, cheesemonger, of 273, Oxford-
xtreet.
Sergeant Boden, 11 D, said that about half-past six the
I'lrious evening he saw the prisoner with two boys, one
‘).:\rhont was evidently tutoring him. He watched them,
hnd
- Saw the prisoner go into two shops crouching on his
hands, and come out apparently unsuccessful. He then
sc4lowed them into Oxford-street, where he saw the prisoner
111:ak up to the shop of Mr. Keevil, and take the bacon,
hiel) it in a cloth carried by one of the boys, evidently for
Purpose, and then run off; but he succeeded in securing
41, he having thrown the bacon away in his flight. He
about the prisoner as generally living by singing ballads
thrit the streets, but he mixed up with a gang of young
moue ha Church-street.
xbo'tue boy, in answer to Mr. Bingham, said his father and
kbe,had gone away from him.
and Bid
said the best thing to be done for the boy,
se4,l--,e.,°41Y means of benefiting and saving him, was to
the 'lll to Feltham, and ho should therefore send him
re at once.isrxe„
okmi, s •-• ,JNINIDUS CONDUCTOR.—Matthew Walkley, ax
,utt conductor, badge 2,57 G, was charged with being
‘l,lll While
•
un, on his omnibus.
raalt°, ,6", 178 0, said that on being spoken to by a gentle-
fe„,a.ue went to the omnibus, ;di ere he found that the de-
b:4;enrt had fallen off his board quite drunk, all the pas-
'lll,B,,heaving got out, and feeling much annoyed thereat.
and tendant, who said he bad only had a glass of ale,
"cl not
ong 4Qta a condirtor, was fined 10s,