The Sun.
London, England, 1867-04-12 00:00:00

TA OIT Y MARKET

AND
COMMERCIAL INTELL

TWELVE O'CLOCK.
The available supplies of money for discount pur-
poses, the negotiation of loans, home and foreign,
and the development of industrial enterprise are
larger than ever, and the payment of the April divi-
dends have imported to the market an appearance of
greater ease than that lately witnessed.
The sum of £3,000 was withdrawn from the
Bank yesterday in American coin.
The Bank of France return for the past week
shows the following alterations when compared
with the former return. There is a decrease of
£356,000 in cash in hand, £488,000 in the bills
discounted, £B,OOO in the advances, £133,320 in
the notes, £176,000 in the Treasury balance, and of
£552,000 in the private accounts.
The Bank of England return, completed to the
10th instant, exhibits the changes usual at the com-
mencement of the financial year. The payment of
the dividends having caused a temporary exflux of
both notes and specie, the bullion has been decreased
by £219,619, and the reserve of notes by £307,740.
The private securities, owing to the maturity of
loans and bills, have been decreased by £1,719,186,
while the Government securities show a falling off
of £284,517. The following are the particulars :
Public Deposits... ... £5,710,748 Decrease £2,901,303
Other Deposits ... 19,045,560 Increase ...1,374,460
Rest 8,116,852 Decrease... 755,436
.•.• ••• •••
On the other side of the account :
Government Securities £12,826,158 Decrease... £284,517
Other Securities 18,960,410 Decrea5e...1,791,186
Notes unemployed 9,949,145 Decrease ... 307,740
.
The amount of notes. in circulation is £23,229,605,
being an increase of £12,225 ; - and the stock of
bullion in both departments is £19,299,319, show-
ing a decrease of £209,619 when compared with the
former return.
At the meeting to he held on the 16th instant
the report of the directors of the Agra Bank to be
presented enters fully into all the details of the
arrangements made since the resuscitation in
January last. It states that it will be satisfactory
to the shareholders to learn that the resuscitation
of the bank has throughout India met with the
most friendly assurances of kind feeling and good-
will on thepart of the general community, both Euro-
pean and native ; the following extract from a letter
from the Calcutta manager, dated Ist March, affords
the most encouraging and substantial evidence that
the Bank will meet with that support from its old
constituents, which above all will tend to renew
confidence and to insure it a future of success and
prosperity. I have much pleasure in advising that
the branch of the Bank was opened for business to-
day, and that a large proportion of the dividend
payable was transferred to account with the Agra
Bank (Limited). At all the Indian branches, with
the exception of Bombay, the old managers have
been reappointed, so that the Bank will have the
benefit of the local knowledge and experience
which a residence and business intercourse of
some years have enabled them to acquire.
With respect to the prospects of the ultimate
out-turn of the assets of the liquidation, it is of
course too early to speak positively. The most
earnest and watchful attention is being given to the
working out of these assets in the manner best cal-
culated to promote all interests, and while the
directors are gratified to state that they see their
Way to making due provision for their engagements
as they mature, without having recourse to inju-
dicious sales or sacrifice of property, they are able
to add that so far as the progress hitherto made
affords a criterion of the future, they see no reason
to apprehend that the result will fall short of what
has been anticipated.
In the Foreign and Colonial Produce Mark ets
during the last few days there has been very little
animation. Only moderate transactions have been
reported in sugar, without any moderate change iu
values. Coffee has been inactive, but superior
qualities maintaitk former rates. Rice has been in
fair demand, but only a moderate amount of busi-
ness has been done, owing to the high rates de-
manded by holders, while in tallow no business of
importance has been entered into, quotations for
both present and forward delivery being steady.
The traffic returns on the East Indian Railway
for the week ending the 24th February amounted to £53,450, against £44,466 in the corresponding
Week last year.
The following communication has been forwarded
for publication :
LONDON, CHATHAM, AND DOVER ,RAILWAY
COMPANY.
TO THE EDITOR OF THE SUN.
8111'--Virith reference to the paragraph which ap-
peared in your paper to-day as to the chief clerk hav-
ing made an order, on the application of the company,
to relieve debenture holders and others from making
claims we beg to inform you that no order what-
ever was made by the chief clerk. The chief clerk
said the advertisements would enable all debenture
holders and other claimants to make such claims as
they might be advised, but that to save trouble
and expense an affidavit of the registrar, with a
schedule of the debenture holders, would be ad-
Mitted as prima fade evidence of the existence of
such debentures. The order for this purpose was
made before the advertisements referred to by you
were issued.

The effect of debenture holders not sending in
their claims will be that they must rely upon the
property comprised in their secnrity, and will not be
entitled to any charge upon the rolling stock or
other property of the company.—We are, Sir, your
obedient servants, WALKER and MARTINEAu.
13, King's-road, Gray's-inn, April 11.
We are requested by the secretary of the Great
Eastern Railway to insert the subjoined letter :

TO THE EDITOR OF THE SUN.
SIR,— having received numerous inquiries as to
Whether the committee of preference holders, whose
report appeared in your impression of Tuesday, is
acting in unison with the board of directors, and
Whether the proposal made by that committee
meets with the approval of the board, I am desired
to ask your permission to inform the proprietors
and the public, through your columns, that the
Committee and the board are co-operating with
complete accord in the efforts now being made to
Improve the company's condition, and that the
report referred to was issued with the full concur-
rence of the directors.—Yours obediently,
J. B. OWEN, Secretary.
Secretary's Office, Bishopsgate Terminus,
April 11.
•

Two o'CLocit.
According to Reuter's telegram from Paris to-
day, the French Rentes were 66.50. Firm—
agitated.
An Per cent. has been added to the per cent.
advance recorded yesterday in the market for
ndsols, which, therefore, are now 901 for money,
! 90i a or the account. A more confident
fLas eeling evidently prevails, and it is understood there
been a further closing of " bear" accounts.
The New Threes were 881 884 ; Reduced Annuities,
881 189 ; Bank of England Stock, 253 ; India
Stock, 2171 ; ditto 5 per Cents., 1091 ; ditto
Enfaced 5 per Cents., 103 ; ditto Debentures, 1031 ;
and ditto Bonds, 48s. prem.
_ Iu the Foreign Stock Market there is still a better
feeling Prevailing. Greek have advanced 1, to 13 1 ;
Aiexican, 1, to 154 k ; Spanish Passive, 1, to 191 4 ;
the Certificates, If, to 11 a 128 ; and Turkish 5 per
Cents., to 264 27 ; but Italian have declined 1,
° 471 48i. Chilian and Danubian Scrip quota-
tions are merely nominal.
Only a moderate amount of business has been
trausacted in the Railway Share Market, but, with
b.Zne or two exceptions, prices show increased
uouoyancy• North Western have improved 1 ;
Great Northern A Stock, Midland, and South
Eastern, each 1, and Metropolitan, a ; while South
-Western have declined 1, and Brighton, 3.
The Foreign and Colonial lines exhibit little
variation. Bahia and San Francisco are marked
131 ; South Austrian and Lombardo-Venetian, 15 ;
Grand Trunk of Canada, 181 ; East Indian, 1071 ;
and Great Indian Peninsula, 1071.
American Securities are steady. Illinois show an
advance of I, to 76 1; United States 5-20 Bonds
731 ; but Erie Shares remain at 36 1.
Atlantic and Great Western Railway Debentures
have advanced 1, to 3G11311; and the Consolidated
Mortgage Bonds I, to 211 221.
Bank shares are quiet about former values.
imperial Ottoman being dealt in at 7/ ; East