The Sun.
London, England, 1867-05-18 00:00:00

MEIROPOLIIAN BOARD OF WORKS.

The ordinary weekly meeting of the Metropolitan
Board of Works was held yesterday at the offices,
Spring-gardens--Sir John Thwaites in the chair.
There was a numerous attendance of the members.
The cash statement of the Finance Committee waS
presented, and showed that there were in the bands
of the treasurer the following- balances :—At the
London and Westminster Bank, general account,
£59,455 10s. 10d.; Covent-garden approach, £457
Os. 5d.; Southwark and Westminster communica-
tion, £283 7s. 2d.; Victoria-park approach, £236
6s. ld.; Finsbury-park, £835 19s. 11d.; main drain-
age rate collection, £1,564 4s. Bd.; Southwark-park,
£15,425 55.; fire brigade, £19,920 Gs. 3d.; White-
chapel improvement, £41,377 3s. 9d.; Holborn inn-
provement, £40,594 9s. 10d.; Kensington improve-
ment, £50,000 ; total, £230,149 13s. 11d. ; and at
the Bank of England—Metropolitan main drainage,
£43,272 ls.; Thames embankment, north, £153,474
16s. Bd.; southern embankment, £47,541 10s. 9d.
Mansion-house street, £76,068 19s. 11d., making a
grand total of £550,507 2s. 3d. The Board pro-
ceeded to consider tenders for the reconstruction of
sewers in Bermondsey-street, Tooley-street,
ington-causeway, &c. There were eight tenders,
and the Board resolved themselves into a committee
to consider them. On the readmission of the publio
the Chief Clerk (Mr. J. Pollard) announced that
the Board had accepted the tender of Mr. Thomas
Wainwright, which was for the sum of £54,400.
Mr. Shaw, pursuant to notice, moved that the four
vacancies among the district surveyors be filled uP
from among the district surveyors now in the ell'
ployment of the Metropolitan Board, and that after'
wards the vacancies tkus created be filled from among
the candidates applying for employment. Mr.
Taylor seconded the motion, which was negative"
by a large majority. The following gentlemen weref
elected district surveyors :—Newington and part cit
Lambeth, Mr. Long ; Central Lambeth and Pr
of Battersea, Mr. Jennings; and Northern Batters°
Mr. Hansom. The resignation of Mr. Ilakewill, dis"
trict surveyor of the northern division of St. George's'
Hanover-square, was accepted, and Mr. Bell elected
in his stead. The successful candidates severally re;
turned thanks to the board for the appointments and
retired. Mr. Legg moved " That the solicitor be
structed to take steps, when the Metropolis
provement Rate Bill is in committee of the
of Commons, for the insertion of a clause lialitina
the taxing powers of the Board under the bill t
sum not exceeding 2d. in the pound-in any one. earble
on the annual rateable value of the property 113
Boar
to the rate, and that the resolution of the Bo
May 25, 1866 (No. 11), limiting the amount rateof_r__
to be levied under the bill at 4d. in the ponndn
annum, be varicdaccordingly." Mr. Evans sebco
the motion. An amendment was proposed
_Y
Shaw that the sum should be one penny. UP°oll,,so.
division both the amendment and original ni orlon
division usiness,
11o.use
were lost by a large majority. The other hosed of,
which was of a routine character, was oisP
and the Board adjourned.

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AND

COMMERCIAL INTELL iGENCE,

TWELVE o'CLocK.
In the general discount market there has been
rather more inquiry, but the supplies continue
abundant, and the :rates current for the negocia-
tion of first class short-dated paper remain 243- 3 per
cent., with exceptional instances, of 21 per cent.
There were no gold operations at the Bank of
England yesterday.
In consequence of the rise in the Continental
Exchanges, the bar silver, by the last packet, was
sold at 601 d., being a decline of id., and the Mexi-
can Dollars at 591 d., being a decline of Id.
Atlantic and Great Western Railway Debentures
are steady at 28 30 ex-Coupon, and the Consoli-
dated Mortgage Bonds have advanced to 21/ 22.
Notice has been given that the fourth drawing on
account of the issue of 1864 of £500,000 Five per
Cent. Debentures of the Land Mortgage Bank of
India
(Credit Foncier Indian, Limited), redeemable
at par within thirty years by half yearly drawings ;
and the first drawing on account of the issue of
1866 of £500,000 Five per Cent. Debentures, also
redeemable within thirty years by half yearly draw-
ings, will take place on the 24th inst.
Mr. Benjamin Scott, the City Chamberlain, has
been authorised, by the Bridge House Committee,
to issue bonds to the extent of £265,000, for the
Bd'pose of completing the purchase of Southwark
I,rige, and the completion of the New Bridge at
Julackfriars. The bonds will be issued in sums of
£1)000, £5OO, and £lOO respectively, for a period
°f twelve years, and will bear interest, payable
England sof coupons half-yearly at the Bank of
at the rate of £4 15s. per cent. per an-
tlalu ; the principal and interest being secured upon
Bridge House estates, and, in the event of those
u"W proving insufficient, out of the general re-
venues of the Corporation.
b The specie movements during the last week have
een to a moderate extent, owing to arrivals from
New York and the West Indies and Pacific. The
ulPerts, which have amounted to about £358,310,
Ipuclude £20,000 from New York by the Scotia,
•i 1,164 by the Bremen, £12,327 by the Cuba, and
fr 721913 by the City of Washington. The Saltora
from Sydney has brought £15,568 ; Machyar Laird
fr°lll /Vest Coast of Africa, £6BO. The Tasmania
fr_°alWest Indies and Pacific, £178,000 ; the Ceylon
eri°4l Alexandria, £1,707 ; and about £57,951, prin-
pally in silver, has been received from the CoCon-
tinent,eent• The exports have comprised £5,000 to the
tnitist Indies by the Rhone, and there have been re-
ear'ances to the Continent through private sources
nnated at £271,253, the total amounting to
4276,253.

Two o'CLoci.
Pr
There has been a further advance of nearly 1
Coe cent, in the market for the English Funds,
f_tisas being 921 for money, and 94 f
7rthhe account, ex dividend.
go. ae New Threes and Reduced Annuities are
2,14 ; Exchequer Bills, 265. prem. ; Bank Stock,
f ; India 5 per Cents., 1121 I ; and ditto En-
'iced 5 per Cents 103.
The "
Foreign Stock Market has been very buoyant.
i‘cazhan have advanced 1 to 511 n Mexican It to
8 17 ; Spanish Passive, Ito 228 ; Certificates,
Qr tol4i ; Turkish 5 per Cents. 1, to 311 ; while
creek are firm at 141 1, and Russian Scrip at 1
IL to Par.
A More buoyant tone has prevailed in the Rail-
)7,4Y, Share Market, and a further important advance
•-8 been established in values. Great Western have
l'itrlll3r"c ed I ; Great Northern and Lancashire and
Orkshir_,
each 8 ; South Eastern, 1 ; North
'lrestern, 11 ; South Western and Brighton, each
; Great Eastern, 14 ; and Midland, 21.