The Sun.
London, England, 1866-11-07 00:00:00

MONEY MARKE

AND

COMMERCIAL INTELLIGENCE,

TWELVE O'CLOCK.

In the general discount market no material change
can be reported, the rates charged for first class
short-dated paper remaining at 3 per cent., with a
very limited inquiry for accommodation.
The sum of £63,000 in bar gold was taken to the
Bank of England yesterday.
The drawing of the 1862 Turkish 6 per Cent.
Bonds is fixed for Thursday next, the Bth instant.
The prospectus has been issued of the Agra Bank
(Limited) for the purpose of carrying on the busi-
ness of the old Agra and United Service Bank. The
capital proposed is £1,000,000, of which £400,000,
in 40,000 shares of £lO each, to be fully paid up,
are now offered for subscription. Upwards of one-
half of these shares has been already agreed to be
subscribed. The deposit on application £1 per
share, £2 on allotment, £3 payable 15th July, 1867,
and £4 on the 15th January, 1868. The objects
intended are to take over the assets and
liabilities of the Agra and Masterman's Bank,
and liquidate the same at a working bank, and to
continue that portion of the business formerly car-
ried on by the Agra and United Service Bank. Six
directors have been nominated, and three more are
to be selected by the board from the subscribers to
the new capital. The advantages which the pro-
prietors of the shares now offered will receive are:
--The benefit of an old established and profit-
able business, without any payment for goodwill.
They will have a preference dividend out of profits
for two years of ten per cent. per annum on their
paid-up capital. They will have the option at once,
or at any of the before-named periods, of paying
up the whole amount of £lO per share ; dividends
being allowed on all payments pro rata. The lia-
bility on the shares will therefore be actually, and
hot nominally, limited. The subscription list will be
closed for London on the 12th, and for the country
on the 13th day of November, 1866, and applica-
tions will be considered in the order of their receipt.
The directors of the North British Railway are
preparing a statement with regard to the completed
revelations now made by the committee of investi-
gation, which will be issued early next week, and
will most likely bear on the statements in Mr.
llodgson's circular.
Notice has been given that an extraordinary
general meeting of the shareholders of the Port
Phillip and Colonial Gold Mining Company will be
held en Tuesday, the 20th instant, for the purpose
of electing two directors in the place of Sir Charles
Henry John Rich, Bart., and Capt. James Vetch,
It.E., who have resigned, and also to elect a new
trustee.

Two o'CLoc K.
According to Reuter's telegram from Paris to-day
the French Rentes were 68f. 80c.
The English stock list to-day records very few
bargains in
Consols, the New Threes, the Reduced
tnnuities, Exchequer Bills, and the various classes
(4)..1 Indian Government securities, and the market is
2_ at, owing _
to the prevailing inertness of business.
t-Illiess some sudden change shall occur in mone-
tary or commercial affairs values are not likely
t
Speculation to vary materially, nor is it probable that
will revive for some time to come.
The investing public, locked up as they are
a large extent in companies now in process of
....
liquidation are keeping aloof from new engage-
ments, not knowing what they may have to pay.
Consols are therefore very quiet, at 898, a for money
%and the
account, an
in t 894 for December, but
the earlier partd a
of the day they were fractionally
dt
nigher. The New Threes and Reduced Annuities,
87. i
to ; Exchequer Bills, par; India Stock, 2111 ;
per Cents., 106 4 ; ditto Enfaced 4 per
Cents., 85 ; ditto 5 per Cents., 100/ ; ditto 54 per
102
18'7 1074 ; and ditto 5 per Cent. Debentures,
In the Foreign department the variations have
°,eell generally unfavourable, and business has been
Tuurkish 5 per Cents. have receded ; Greek
nels, ; and Mexican and Spanish Certificates, 4.
*ttll the other securities have been tolerably firm.
American Securities have been in very moderate
IL--
'ilest• United States 5-20 Bonds, however, have
proved 4,
to 684 4; Erie Shares at 50k 51; and
Illinois at 764 771,
Atlantic and Great Western Railway Debentures
aje stea,dy at 641 65/, and the Consolidated Mortgage
-blends at 391 405 ex coupon.
The dealings in the Railway Share Market have
been On an extremely limited scale, and prices have
generally shown increased depression. Great
astern, North-Western, and Metropolitan have
each declined al ; Great Western, and Lancashire
and Yorkshire, each 4 ; South-Western, 1 ; and
'3llth-Eastern, 11.
The Foreign and Colonial lines are also in very
moderate request at barely previous rates. Ant-
vierP o and Rotterdam are marked 84 4 ; South
Austrian and Lombardo-Venetian, 164 ; Great
Western of Canada have declined to 11412. East
Indian, to 1031 ; Great Indian Peninsula, to 107 ;
and Madras 5 per Cents. 100.
Finance and Miscellaneous Shares have remained
Very quiet, and prices generally are a shade flatter.
Credit Foncier of England are d6alt in at 24 4 :
International Financial, at 34 ; Anglo-American
Telegraph at 148 144 ; Atlantic Telegraph 8 per
Cents. at 824 85 ; Electric Telegraph at 135 135 ;
and Telegraph Construction and Maintenance at
151.

Bank Shares remain very quiet. Bank of
Australasia have declined to 63k 64 ; London and
South African to 13 ; London and Westminster to
-Union of London are dealt in at 44f 45.