The Sun.
London, England, 1867-06-27 00:00:00

I. MARKET

AND
COMMERCIAL ENT'nLIGENCE.

TWELVE O'CLOCK.

At the weekly court, to-day, the directors of the
Bank of England did not find it expedient to
make any alteration in their minimum.
The sum of £57,000 was taken to the Bank of
England yesterday.

The Rhone, from tho West Indies, with mails
via Panama from Australia, has brought £305,256

in gold and specie. The Allemannia, from New
York, also brought the sum of £36,000.
The directors of the Bank of New South Wales
have given notice that they are prepared to receive
tenders for £92,300, part of the Tasmanian Go-
vernment loan for £102,500, in bonds of £lOO each,

bearing interest at the rate of 6 per cent. per an-
num from Ist July next, payable by coupons in
London at the Consolidated Bank. The principal
is to be repaid on January 1, 1895. The tenders
are to be opened at the Bank of 'New South Wales
at one o'clock on the sth proximo.
It was stated yesterday afternoon that an amal-
gamation was arranged between Messrs. Kinlay,
Hodgson, and Co., and Messrs. Baring Brothers
and Co., to commence from the Ist July next, and
the business is to be continued in the name of
Baring Brothers and Co. Mr. Charles Baring
Young retires on the 30th instant from the
former house, and Mr. Duncan James Kay and Mr.
Kirkman Finlay from the latter. It is understood
that the firm of Messrs. Thompson, Finlay, and Co.,
of Liverpool, being identical with that of Messrs.
Finlay, Hodgson, and Co., of London, will, of
course, be included in the arrangement. Both these
houses have been largely associated with the India,
China, andSpanish-American trades, and their com-
bined operations may lead to further successful results.
The extensive connections of Baring Brothers with
America are so well known that they need not the
slightest reference. For the next few days this
amalgamation or fusion will be the great topic of
conversation, the eminent position of these firms
being generally acknowledged. Mr. Thomas
Baring, M.P., and Mr. Kirkman D. Hodgson,
M.P., are both directors of the Bank of England.
The official notification is not yet published.
At the meeting of the Imperial Ottoman Bank
held to-day the report submitted showed that the
gross profits for the 12 months ending 31st Decem-
ber, 1866, amounted to £367,800, and after provid-
ing for expenses and bad and doubtful debts
there remained a balance of £214,504 available for
distribution. It was stated that the newly-
established agencies have all proved more or less pro-
fitable, and promise still most satisfactory returns.
After deducting from the balance of £214,504 9s. 44.
referred to in the commencement of the report, the
reserve fund and per centages in accordance with
the statutes, there remained a sum of £184,059
11s. Gd., of which £99,879 was distributed iu
January last. The committee recommended a
further payment of Bs. per share, equal to a divi-
dend of 9 per cent. for the year, leaving a balance
of £4,277 7s. Gd. to be carried forward.
Mr. William Cooper, of the firm of Cooper
Brothers and Co., public accountants, was this day
appointed by Vice-Chancellor R. Matins, official
liquidator of the North Atlantic Telegraph Com-
pany (Limited.)
Atlantic and Great Western Railway Debentures
are steady at 31/ 321, and the Consolidated
Mortgage Bonds at 25 251.
The French mail brings advices to-day of an
important and disastrous character from the Re-
public of Columbia. The President of the Re-
public had taken upon himself to dissolve the
Congress, to place the country in a state of war,
and to appoint himself commander-in-chief. Three
of the departments had at once announced their
opposition, and were raising forces to sustain their
views.