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

MONEY MARKE

AND
COMMERCIAL INTELLMENOR,

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 31 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, 1857,
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 £l.O per share ; dividends
being allowed on all payments pro rata. The
lia-
bility
on the shares will therefore be actually, and
not 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.
liodgson'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 on Tuesday, the 20th instant, for the purpose
of electing two directors in the place of Sir Charles
ljenry John Rich, Bart., and Capt. James Vetch,
it.Z) 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
Annuities, Exchequer Bills, and the various classes
of Indian Government securities, and the market is
flat,
Lig to the prevailing inertness of business.
Unless some sudden change shall occur in mone-
tary
commercial affairs values are not likely
to vary materially, nor is it probable that
speculation will revive for some time to come.
The investing public, locked up as they are
t.to a large
extent in companies now in process of
o
are keeping aloof from new engage-
ra,ents, not knowing what they may have to pay.
Consols are therefore very quiet, at 891, for money
and the account, and at 891 4 for December, but
in the earlier part of the day they were fractionally
h../t°igiler• The New Threes and Reduced Annuities,d
; Exchequer Bills, par; India Stock, 2111 ;
5 per Cents., 106 1 ; ditto Enfaced 4 per
aCents., 85 ; ditto 5 per Cents., 1001 ; ditto 51 per
ents7 1071; and ditto 5 per Cent. Debentures,
102 i.
In the
Foreign department the variations have
been generally unfavourable, and business has been
d
IV'. Turkish 5 per Cents, have receded j3,-; Greek
nds, ; and Mexican and Spanish Certificates, 1.
A.;)
d the other securities have been tolerably firm.
American Securities have been in very moderate
request. United States 5-20 Bonds, however, have
-1"4 Proved I,
Llin°l2 at 76,i 771,
to 688 ; Erie Shares at 501 51. ; and
Atlantic and Great Western Railway Debentures
are steady at 641 651, and the Consolidated Mortgage
Bonds at 391 40/ ex coupon.
The dealings in the Railway Share Market have
been en an extremely limited scale, and prices have
generally shown increased depression. Great
Eastern, North-Western, and Metropolitan have
each declined 1 ; Great Western, and Lancashire
~and Yorkshire, each 1 ; South-Western, 1 ; and
'ntith-Eastern, I+.
The Foreign and Colonial lines are also in very
Moderate request at barely previous rates. Ant-
'e'll and Rotterdam are marked NI ; South
Austrian and Lombardo-Venetian, 16/ ; Great
Western of Canada have declined to 111 12. 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 21 i:
International Financial, at 31 ; Anglo-American
'telegraph at 141 144 ; Atlantic Telegraph 8 per
Cents. at 821 85 ; Electric Telegraph at 135 1351 ;
and Telegraph Construction and Maintenance at
151.
Bank Shares remain very quiet. Bank of
Australasia have declined to 631 64 ; London and
South African to 13 ; London and Westminster to
Union of London are dealt in at 441 45.