The Sun.
London, England, 1844-07-13 00:00:00

MONE Y AND COMMERCIAL NEWS

CITY, FRIDAY EVENING.

The market for the English Securities was barely
supported this afternoon, a few sales being made in the
heavy Stocks. Consols left off at 99 to *; New Three-
and-a Half per Cents. at 101;1 to -I; and the Reduced
Three-and-a-Half per Cents. at 104 to.
Spanish Active Bonds closed at 228 for
I Mone, and
221 for Account; the Three per Cents. at 32-1 ; Co-
lombian at 134; and Brazilian at 831. Dutch Five per
C
ions in Railway Shares have
eB.
Tn thse. w*ededr
iet
ileoelatt or a leoOs
been these:—Bristol and Exeter were 54 to 1; Eastern
Counties, New, 51 to i; Great Western, 51 to 501;
Ditto, Fifths, 11; Birmingham, Thirds, 35; Ditto,
Quarter, 231 to 24 ; South-Western, 414 ; Ditte.
Eighths, 3k; Northern and Eastern 121; Norwich anu
Brandon, 51 to 51; South-Eastern, New, 7 to 1; Trent
Valley, 91; Whitehaven and Maryport, s to I; Yar-
mouth and Norwich, 10 ; York and North Midland, 54;
Ditto, Scarborough Branch, 171; Orleans, Tours, and
Bordeaux, 8 to 1; Paris and Orleans, 181; and Paris
Rouen, 181 premium. Birmingham and Gloucester, 2;
Chester and Holyhead, 11; Blackwell, 91; and North
Midland, 14 discount.
The Exchanges were rather flat on the leading con.
tinental cities, Ilamburgh and Frankfort, however,
being firm.

(From The Sun of Last Night.)
A fair business was done in Cotton at Liverpool yesterday,
at steady prices. Sales 6,000 bales, of which 300 were Per-
nam, at sd. to 6d ; 200 Maranham, at sd. to 5 d. ; 500
Surat, at 3d. to 34d., and the rest American, at 3id. to 50.
per lb.—Shares were dull, except South-Eastern and Dover,
which were in good demand :—Caledonian, 3i ; Eastern
Counties, registered, 134 ; Ditto, perpetual, 11. 12s. 4d ;
Great Western, Fifths, 23i ; Liverpool and Manchester, 115 ;
Ditto, Quarters, 57 ; London and Birmingham, 321. shares,
ik4
• ' Ditto, Quarters, 26* ; Midland Counties, 99 ; North
idland, Thirds, 33i ; North Union, 93 ; Sheffield and Man-
chester, 76 ; South Eastern, 36,1 ; Trent Valley, 9* ; Orleans,
Tours, and Bordeaux, 1/.155.

The provisions of the new Brazilian treaty have been a
subject of much conversation and of deep regret. No ques-
tion exists but that the heretofore lucrative trade carried on
between this countryand Rio de Janeiro will be all but anni-
hilated. In fact, the Government seems to be doing the best
they can in order to divert commerce, heretofore exclusively
enjoyed by this country, or nearly so, into other channels.
France, it appears, will, ere long, enjoy most of the privileges
which this country had, in carrying on a most lucrative trade,
which might have been not only preserved to the merchants
and manufacturers of this country, but have been extended
to an enormous extent, provided liberal measures had been
adopted with respect to imports received from the rapidly
improving country to which these remarks more especially
refer.

The letters read this morning from New Yor.k to the 22d
of June, state that business continued tolerably active, and
money easy. The fall trade is expected to be good. Cotton
was rather flat, owing to the accounts out from England.
In the English market the transactions to-day have been
to a fair extent, and at full rates. The Government broker
has purchased again, but took Consols this morning,
the amount being 20,0001., at 994. The general
quotations have been 99 to 994. Exchequer Bills
have been steady at the premiums of 765. to 785., and India
Bonds at 945. to 965. Bank StoCk has been firm at 199 to
1994. The Reduced Three-and-a-Half per Cents are 1025 -4,
and the Three per Cents 995 to 100.
Spanish Bonds are flat again, the Five per Cents being
225 5, and the Three per Cents. 325 to 33. Portuguese Con-
verted, stock is worth 455 to 455, being rather better, though
with very little doing. Mexican are steady at 355 to 36 for
the Five per Cents., and at 155 for the Deferred. Dutch
Two-and-a. Half per Cents. are worth 615 to 615, and the Five
per Cents. 1005 to 1015.
The Railway Shares are quiet again, and prices exhibit
some want of buoyancy.
MANCHESTER STOCK EXCHANGE, JULY I.—We have
had a firm market to-day, but only a small amount of busi•
ness has been done, owing to the limited supply of stock.
South-Eastern, 36; Manchester, Bury, and Rossendale, 4 to
35; Trent Valley, 95; Manchester and Buxton, 10 prem.
CLOSING PRICES.
BRITISH I,UNDS.
Bask Stock 199% Ird;un 5t0ck.,„...........
3 per Cent. Red 99% Ditto Bonds ........ 95 pm,
3 per Cent. Cons.
3',4 per Cent. Red ... 102% Ditto New Annuities ...
New 3% per Cent. lOl% Ex. Bills, 1,0001. 1%c1... 78 pm
New 5 per Cent. — Ditto 5001
Long Annuities to expire Ditto Small ......... 7 , pm.
Jan 1 x 0 1254 Bank S•ocli for Acct.... 199%
Oct. 1859 Consols for 0pg..... ..... SA)
Jan. India Stock for Acct....
FOREIGN_ FUNDS.

Austrian, 5 per Cent — Portuguese, 5 per Cent ......
1321gian. 5 per Cent .....
Br. zuian lionds .....
Buenos Ayres, 6 per Cent... 34 Russian, 5 per Cent .....
Chlliant 6 per Cent — Ditto, Metallic
Colombian 6 per Cent
Ditto, 18e24........ Ditto, 3 per Cent..„....„..... 32%
Cuba Boni s, 6 per Cent — Ditto, Deferred..................
Danish, 3 per Cent . ...
Greek, 18.:5, 5 per Cent — ExchanLe '.................. —f. —c.
Mexican, 5 per Cent ......
Ditto, 6 per Cent., 1837 ,Dutch, 2% per Cent...—. 61 %
Peruvian, 1825, 6 per Cent t:63 Ditto, 5 per Cent .........100X
SHARES.
Birmingham and Gloucester (100 paid) 97
Bristol and Exeter (,0 paid)
7gg,
Chester and Holyhead ( 5 paid)
Eastern Counties (23 naid) ,
Ditto Registered (Si 6s 8d paid)
Great Western (75 paid)
Ditto Fifths, 12 paid
. London and Birmingham (Minsk) .... ..... .....
Ditto, New Thirds, 2 paid
Ditto New Quarters ( 2 paid)
Lonion and Brighton (50 paid)
London and South Western (411. Gs. 10d, paid)
London and Croydon (Trunk) 1714
Northern and Eastern (45 paid)
North Midland (100 paid)
Norwich and Brandon, 2 paid 7
• South Eastern and Dover (33 2s 4d paid)
Ditto 'few Shares ( 4 paid) ... .................
Trent Valley, 2 paid 9%
Yarmouth and Norwich (18 paid)
York and North Midland 00 paid) lOl
York and Scarborough Branch {2). paid) . 20
Orleans, Tours, and Bourdeaux, 1 paid
Paris and Orleans: i2O paid) ....: ..: ..... ... .....i 5854
Paris and Rouen.'
COURSE OF. ki CHAANGN.+(XESTERDAY.)
Amsterdam • CF. 12 5 ' Gibraltnr...
Ditto, at sight .... -..... 12 3 Leghorn .. ~ 3O 45
Rotterdam .;.... 2U. 12 51 Genoa - 25 85
Antwerp • 25' 90 i Milan .:‘[.,• ' —
Hamburgh M.B. 13 13 Venice ......; .......... 47
Altona l3 131; Naples 39
Paris, 3 days' sight— 25 60 Palermo, per oz llB
Ditto, 3 months 25 85 Lisbon 54
Marseilles

Bourdeaux ' 25 90
Frankfort on Maine 121 i
Petersburgh, 3Us 37
Berlin 7
Vienna, effec. fl. 3 M 953
I rieste, ditto
Madrid 37
Cadiz - 37
Bilbao 36
Barcelona 36
Seville

Rio Janeiro 23
Bahia 93
Buenos Ayres
NewYork,2ldyssight
Philadelphia
PRlCitil OF FUIJ.ION, PER OZ.
Foreign Gold, bars. £3 17 9
Portugal Gold Coin 3 17 5
New Doubloons...., 0 0 0
New Dollars 0 4 104-
Silver in ears 0 4 11A

UNITED KINGDOM LIFE ASSUR-
ANCE COMPANY.
GENERAL ANNUAL MEETING of the SHARE-
HOLDERS of the UNITED KINGDOM LIFE
ASSURANCE COMP4NY, held in their Qffice,
No. 8, Waterloo-place, the sth ofJuly, 1844.
Hananel de Castro, Esq., Deputy Chairman of the
Directors, in the chair.
The annual reports of the affairs of the Company for
the year 1843, required by their deed At' settlement,
having been laid before the meeting and approved, Mr.
Stuart expressed the great satisfaction with which the
Directors again met the Shareholders, to have an oppor-
tunity to explain to them the very favourable progress
of their affairs. lstly. The assurances effected during the
year 1843 amounted to above 350,000 L, more by above
• 60,000/. than in 1842. 2dly. The premiums of assu-
,'rance were greater by 7,7 i3l. in 1843 than in 1842.
3dly. The increase of the funds of the Company in 1843
amounted to 26,6451 And, 4thly, the report of their
Actuary, Mr. King, showed that the number of deaths
of the assured since the establishment of the Company
in 1834 had only been 136, instead of 238, the number
provided for by the tables of the Equitable Society,
It would also be gratifying to the Proprietors to learn,
that the amount of assurances effected in the first half
of the year 1844, was greater by 35,142/. than in the
first half-year of 1843; that the premiums of assurance
were proportionally greater to the extent of 1,0641., and
also that the annual income of the Company, at 30th
June, 1844, as nearly as it can be ascertained, was 72,1701.
The general result on which Mr. Stuart congratulated
the Shareholders, is, that in about ten years the paid-up
capital of the Company, all of which is invested in
Government securities, had been far more than quad-
rupled after payment of all claims and expenses, after
appropriating a bonus of two per cent, per annum from
the dates of their policies to the assured holding par-
ticipating policies, and after payment to the Shareholders
of half-yearly dividends, at the rate of four per cent, per
annum, from the dates of their advances to Ist January,
1841, and of six per cent. from that date.
The meeting would also, Mr. Stuart added, be glad to
know, that the Directors had secured the additional
accommodation required for the office bearers and clerks,
in consequence of the increasing transactions of the
Company, by the acquisition of the premises adjoining
to those of the Company, now in the occupation of the
London and Westminster Bank, to be ceded by the latter
on removing their establishment to a house in the neigh-
bourhood new preparing for them,
Mr. de Caste, the Chairman of the Meeting, expressed
his entire concurrence in Mr. Stuart's statements, and
confirmed the view of the affairs of the Company laid
before the meeting. He congratulated the shareholders,
that there were good grounds for their believing that
their affairs were managed with caution, prudence, and
judgment,
The meeting unanimously approved of the reports
made to them, and voted their thanks to the Chairman,
Deputy-Chairman, and Directors, and most especially to
Mr. Edward Boyd, the Resident Director aad the Founder
of the' Company, to whose unceasing exertions and to the
talent he had displayed, the Company was under the
,clcepest obligations,
rune thanks of the meeting having then been voted to
Air. de Castro for his conduct in the chair, the meeting
-separated.

DINNER TO LEONARD HORNER, ESQ.—This gen-
tleman Wag on iday entertained at a public dinner in the
British Hotel, Edinburgh, as the founder of the School of
Arts. Upwards of 100 gentlemen sat down to dinner. The
Right Hon. the Lord Provost occupied the chair, supported
by Lords Murray, Cockburn, Ivory, and Cunninghame ;
Archdeacon Williams, the Rev. Mr. Bennie, Mr. Maitland,
advocate, Sir Wm. Newbigging, Professor Pillans, Drs. Trail,
Maclagan, Allen, Thompson, and Alison; David Milne, Esq.,
advocate; A. Ilutherfuril, Esq., M,P,, $, c. Professor Wilson
officiated as croupier. The customary loyal and patriotic
toasts having been given, the chairman, in a neat and appro-
priate speech, proposed " The health of Mr. Horner," which
was responded to, and the cheering which succeeded having
54botd, Mr. liorner returned thanks, and gave " The Rev.
41r. emlie?presigcnt of the School of Arts? the Directors,
and I.rospqity tO PIP -14stitntion:"' Jr. 4 ilennie haying rer
turned 0411 W, th@ Prnnpier gave `f The 444nPetnent ex the
Moral and Intellectual Condition of the Working Classes,"
which he prefaced by a few introductory remarks in his well-
known eloquent and graphic style. Various after toasts suc-
ceeded connected with literature, art, science, &c., and the
company separated about eleven o'clock.
THE UNKINDEST CUT OF ALL.—Mr. Roebuck has
hgt3p shnsing in Parliament the daily pres§. What, in the
name of pity,haire done fiat .we are not included in the
Hon.:Member's abuse P—Punch, -