The Sun.
London, England, 1866-12-07 00:00:00

lONEY MARKET

A ND

commEaor aT, NTELLIGEECII,

TWELVE O'CLOCK.

Monetary relations remain without alteration,
and the preparations for the Indian and Chinese
commitments, the maturity of which is impending,
are easily effected, owing to the abundance of money
and the terms on which capitalists are willing to
Work.

We have to announce that the acceptances of
Itessrs• Ramsey, Elder, and Co., of Barbadoes ;
J• and A. Elder, of Antigua ; and Elder, Stephens,
and Co., of Bush-lane, have been returned. The
liabilities are presumed to be large, but it is stated
there will be a surplus, the inconvenience being
Only of a temporary nature. Mr. White, of King-
street, is the accountant engaged on behalf of the
creditors in each instance.

The Bank of England return, completed to the
sth December, is of a rather unfavourable charac-
ter. The bullion only shares an increase of £61,574,
Vlnle there is a decrease in the reserve of notes of
142,340. The other securities have been aug-
mented by £209,736, and there is also an increase
In the active circulation of £226,425. Annexed are
the particulars : •
fictive Circulation —£22,713,175
13n111 Increase 226,625
,

ion 18,237,044
teat Increase 61,474

••• .00 ... GOO 8,238,996
Increase 008 ... 0.0 1,216

lie Deposits ~. ... ... 6,837,783
Increase ... ... 676,626
Other Deposits ••• ::: ::: ...
... 17,740,867
Decrease ... ... ... ... 511,928
Seven Day and Other Bills ... ... ... 505,236
Decrease ... ... ~. ... 11,223
o"ernment Securities ... ... ... ... 12,956,269
Other Increase ... ... ... ... 119,906
Securities 19 395 744
Increase 209,736
litotes "Unemployed ... ... ... ...
... ... ... ... 9,513,185
Decrease ••• ••• ••• ••• 142,340

A prospectus has been issued of the Mediter-
ranean Commercial Company with a capital of
£300,000, in 30,000 shares of £lO each, of which
fte-half only is now required. The payments will
be £1 per share on application, £1 on allotment,
£2 on the Ist March, 1867, and £2 on the
Ist June, 1867, leaving the balance to be
Provided for as the business of the company
progresses. This company is established on account
of the desire of a large number of the shareholders
of the late Oriental Commercial Bank, and the
business of this enterprise will be confined exclu-
sively to mercantile agency and commission. There
will be no preliminary expenses, and no payment is
to be made for goodwill.
Mr. Boore has requested us to state that he is no
longer the manager of the London office of the Con-
solidated Bank.
Atlantic and Great Western Railway Debentures
are steady, at 56 to 58, and the Consolidated Mort-
gage Bonds at 411 to 42.
At a meeting held to-day of the London Char-
tered Bank of Australia, the accounts presented to
the 30th June, 1866, showed that the balance, in-
cluding the amount brought forward from the last
account, amounted to £56,223, and a dividend is
recommended at the rate of 4 per cent. on the
Paid-up capital, free of income tax, leaving a balance
to be carried to the next half-year, 0f.£13,223, after
Providing £3,000 for the colonial building fund.
The Mexican dollars by the West India packet,
"13 Well as several parcels from the United States,
have been sold at 594 d., showing a decline of an
eighth from the previous rate. The latest prices
are as follows :—Bar gold, 775. 9d. per oz. ; do.
Harting,
775. 11d. ; doubloons, Spanish 755. ; do.
Mexican and South American, 745. to 745. 3d. ;
Ijnited States eagles, T6s. 2sd. ; bar silver, ss. id. ;
40. containing gold (five grains and upwards)
83* ; dollars, Mexican, 4s. llid.
During the last few days there has not been much
,achnation in the Foreign and Colonial Produce
Markets. Sugar, however, has maintained previous
motes. For superior qualities of coffee there has
been an active inquiry, and late prices are well
sustained. Rice has been in moderate request, but
In tallow the dealings have been on a limited scale,
at barely previous rates.
At the Bank yesterday there was an influx of
£24,000 in bar gold.
The Sir John Lawrence has arrived from Mel-
bourne with gold to the amount of £38,000, and
the New York from New York with £43,400.
Mr. R. P. Harding, official liquidator to the
Joint-Stock Discount Company, in a circular ad-
dressed to the shareholders, states :—A first dividend
of 6s. Bd. in the pound will be forthwith paid, out
°I the cash and proceeds of Exchequer-bills, to the
creditors of the company whose debts have been
Pr•ved and allowed, and if the call be properly re-
sponded to I expect to be in a position to pay a
rurther considerable dividend early next year.
The following telegram has been received from
I°ornbay, dated 28th November, 1866 :—Exchange
Orl London for a first-class bank bill, six months'
2s. 9-16 d. per rupee ; the Calcutta rate for
'lO., 2s. 7-16 d. per rupee. Exchange on Calcutta
PPsight, 101 to 1011. Government 4 per Cent.
aper, 89 rs. ; do. 5 do., 1051 rs ; do. 51 do., 110
tk Bank of Bombay rate of discount, 8. Bar
gold, 99/ touch, 16 rs. per tola ; bar silver, 17 to
17i Betterness, 1074 rs. per 100 tolas. 20,000
bales cotton sailed from Bombay during the fort-
Shirtings dropped heavily. Comparing
t,he ably° rates with those current on the 13th
November (the previous mail day), we find the
following changes : Bombay exchange on London,
a rise of T-16 per cent. ; Calcutta do. do., a rise
cf 3-16 per cent. ; Bombay do. Calcutta, a rise of
~
Per cent. ; do. Government 4 per Cent. Paper,
Ito change ; do. do. 5 do., a decline of per cent. ;
do. do. 5i do., a decline of 1 per cent. ; do Bank
rate of dimount, no change ; do. price of bar gold,
Ito change ; do. do. silver, no change.