The Sun.
London, England, 1867-01-15 00:00:00

31ONEilARKET

AND .
COMMERCILLL INTELLIGENCE,

TWELVE O'CLOCK.
In discpunt circles the supplies of bills on offer
are very moderate, and money is superabundant.
The rates consequently remain in a very easy posi-
tion.
A withdrawal of £14,000 in gold took place at the
Bank of England yesterday for transmission to
1-4 YPt•
In the Foreign and Colonial Produce Markets,
during the last few days, there has been a moderate
amount of animation. Sugars have been in good
demand at full values. Superior qualities of coffee
have also been in request, while moderate trans-
actions have been reported in rice at about previous
rates. Tallow has been in rather less demand, but
quotations for both present and forward delivery
are well maintained.
There has been a meeting to-day of the English
and Swedish Bank, at which the directors reported
that they had received in reply to the circular
issued by them on the Ist November answers from
the holders of 15,391 shares in the bank. Taking
all matters into consideration, the directors
do not feel that they would be justified in recom-
mending a liquidation of the bank in opposition to
the wishes of solarge a proportion of the shareholders.
The meeting was held to enable the Board to
Inform the proprietary of the particulars of the
result of the negotiations which have taken place
between them and the Scandinavian Credit Share
Company. More than half the shareholders ex-
pressed their opinion that the company should be
dissolved, but no resolution on the subject was
passed.

At the meeting of the City Bank, held this day,
the report, which was agreed to, recommended
a dividend at the rate of 6 per cent. per
annum, and a bonus of 4s. per share, together
equal to 10 per cent. per annum. The losses
from the crisis have proved larger than was anti-
cipated, and in order to extinguish them entirely
the sum of £61,644 is to be written off the reserve
fund, which will thus be reduced to £78,356. The
amount of liabilities on deposit accounts, accept-
ances, &c., is £3,926,622.
The report of the directors of the Alliance Bank
(limited), to be presented at the general meeting on
the 17th inst., states that the net profiti of the bank
for the last half-year, after making all the necessary
deductions for interest, current expenses, bad debts,
and rebate on bills not yet due, amount to £23,698,
which, with £1,012 from the previous account, gives
a total of £24,711 to be disposed of. The directors
therefore recommend a dividend of 10s. per share,
or 4 per cent. per annum, for the last six months be
declared, that £660 be written off preliminary ex-
penses, and £15,000 from building and furniture
account, carrying forward a balance of £2,756.
A meeting has also been held to-day of the Im-
perial Bank. The directors gave a account of
their proceedings for the past half-year. After
paying the current expenses, making provision for
bad and doubtful debts, and allowing rebate of
interest on bills discounted not yet due, there re-
mained a disposable balance of £26,223. Of this
sum the directors proposed to pay £lB,OOO, for a
dividend for the half-year at the rate of 8 per cent.
per annum free of income-tax ; to transfer £4,000
to the reserve fund, which will then stand at
£64,000 ; and carry forward £4,223 to the credit of
profit and loss new account. The report was
agreed to.

Two o'CLocs.
According to Reuter's telegram this day the
F'Cnch Rentes were 69c. 57f. Heavy.
There is an improvement in Consols amounting
91 t Per ce
nt., the prices being 91 -,13- for money, and
w for the account. Business continues very
quiet.

-11 the Foreign Market there have been very few
dealings. Turkish 5 per Cents. have advanced
to
;29 87 ex div. ; Greek, Ito 14 ; Italian, ato
" I. The Russian Loan Scrip remains steady at
4 18 prem.
Considerable activity has prevailed in the Rail-
way Share Market, and prices generally show in-
ereasQd firmness. Great Eastern have advanced ;
Lancashire and Yorkshire, 8 ; North Eastern (Ber-
an ; North Western, and London, Chatham,
,d Dover, each ; and Great Northern and Mid-
'and) each ; while Great Western have im-
proved
The Foreign and Colonial lines show little varia-
tion, Bahia and San Francisco are marked 13a ;
21 Great Luxembourg, 13 ; Grand Trunk of Canada,
; Great Western of Canada, 141 ; and East In-
dian have improved to 108.
American Securities are a shade flatter. United
States 5-20 Bonds have declined a to 72i j ; and
Erie Shares, 1 to 441 451.
Bank shares are in moderate favour and generally
support previous quotations. Consolidated are
dealt in at 44 5, London Joint Stock at 43i 44 ;
London and Westminster at 98, and British North
American at 46.
In the Miscellaneous Market there has been little
variation. Anglo-American Telegraph are firm at
161 ; Hudson's Bay Company have improved to 16 ;
National
Mail Steam Dito 107. scount Company to 14i, and Royal