The Sun.
London, England, 1866-11-21 00:00:00

UT MARKET

AND
COMIYLERCI&L INTELLIGENCE.

TWELVE o'CLocK.
The Money Market continues to show symptoms
of increased ease ; no alteration, however, has been
1113.de in the rates charged fox the negotiation of
first-class short-dated paper, being still 3 per
cent.

A further influx of gold took place at the Bank
°I England yesterday, consisting of £60,000 in bars
and 5,000 sovereigns from abroad.
The l'lmperatrice Eugenie steamer has arrived at
St. Nazaire, from Vera Cruz, with £161,000 in
Arexican dollars for London, and £40,000 for
Prris• The City of Washington has also arrived
°lll New York, with dates to the 10th instant,
but the amount of specie she has brought is not yet
known.
The liquidators of the Imperial Mercantile Credit
Association will pay the first dividend to-day,
amounting to £300,000.
Au application was made to Vice-Chancellor Sir
'°lan Stuart yesterday by some of the sharehOlders
of the Estates Investment Company, complaining
?f deception on the part of the directors, and desir-
,g to be struck off the list of contributories. To
-Labia theVice-Chancellor, after hearing the evidence,
th7llted, and condemned, in very strong terms,
Management of the company.
The following report has been issued by the
liqui-
dators of the Oriental Financial Corporation
The liquidators of the Oriental Financial Corporation
(Limited+l ) were appointed on the Ist November, 1865, for
11%ie double purpose of carrying out the proposed amalga-
atictl with the London and Mediterranean Bank
(Limited), and of winding up the affairs of the corporation.
Loudly- after the commencement of the winding up, the
111 and Mediterranean Bank (Limited) wont into
(liquidation, having previously amalgamated with the Lon-
-211 and Bombay Bank (Limited), and thereupon endea-
vours were made by the liquidators to form an amalga-
mation with the London and Bombay Bank (Limited),
eau terms to those proposed between the
n°rPoration and the London and Mediterranean Bank
v-Iraited) but these were not successful, and thereupon it
liejued only for the liquidators to do their best to wind
„ ~,-
thel
affairs of the corporation, and to distribute its pro-
„pll_- p • Upon the failure of the negotiations referred to
t'ssrs. Shoales and Routh, two of the liquidators who re-
11"ellteci the above-mentioned banks, resigned their
tiii;ces• In th month of January, 1866, the London and
rectoilibaT Banks(Limited), who were the holders of over-due
tances of the Corporation, negociatod by the late di-
t4ns to the extent of £25,000, commenced proceedings
inat the corporation for the recovery thereof, and
liquidators thereupon obtained a loan of £26,100
uponll,, the assets and future calls of the corporation,
41 therewith satisfied the claim of the London
siuce'ollll3437 Bank (Limited); such loan has been
by threpaid, with the exception of £2,300, partly
by ' a compromise of the proceedings sanctioned
5,17,e general meeting of the contributories held on the
Per 'aY of February, 1866, and partly by the call of £1
share made the 13th day of March last. The assets
of
the Corporationa
now remaining, consist of debts to the
Zets tit of XBO,OOO and upwards, secured by bonds and other
t
of a much larger nominal value, which are at
onrit unsaleable, but the liquidators are using their best
Priv eaNrours to obtain offers for the purchase of them by
ate contract, and they have recently received an offer fora
j,ll.-u of the bonds, which, although at a very small sum,
panB!)aeia approved of by one of the liquidators. Theaccom-
1/41,ig letter, report, and minute with reference to the offer
bt7tove referred to, are printed for the use of the contri-
ehionas• The bonds held by the corporation are
ear(i!Y Carmarthen and Cardigan, Carmarthen and
the, lgau(Ridwelly' ) and European Central Railway, and
consist of mortgages with personal cove-
DY the debtors for the amounts due from their
rtie-'ing interest at £lO per cont. perannum, and an assign-
to lit
certain af the beneficial interest of one of the debtors, subject
theprior charges on the contract for the works of
are "Veal). Central Railway Company. The liquidators
soii,l.Presented at the board of the latter company by their
tore -I'°r, who attends all meetings on behalf of the credi-
iazsg°,llerally, and controls the expenditure and proceed-
eii,t°' the directors. The liabilities of the corporation still
of "14,11cliog consist of several overdue acceptances
vflaite,-e corporation to the extent of £13,000, upon
tor( the liquidators are informed by the guaran-
With that by reason of arrangements made by him
or, the holders, no claim will be made against the
.LoUm; and a liability for unpaid capital upon the 350
'u4 and engineering shares, held on account of the
therpao mien. The liquidators trust that the winding up of
,ieee fraird of the corporation will be effected without the
UltinassitY for any further call, and that a surplus will be
atoni,atelY distributable amongst the contributories, the
tio„lt (24 which must necessarily depend upon the realisa-
has the assets of the corporation. An account, which
Radi
setsi."'" audited and approved by Mr. Cooper, the late
ar of the corporation, showing the receipts and pay-
'sill and liabilities of the liquidators for the past year,
be laid before the meeting.

Two O'CLOCK.
thfia'ePrding to Reuter's telegram, the French Rentes
`Lay were 69f. 50c.
At the close of business yesterday Consols were
Der Cent. lower, but this morning there has been
aiiesecovery to the extent of 11, and the market ap-
tran4rsf buoyant, the latest prices being 90 for
oth:B4.er, and 884 lex div. for the account. In the
rally departments of the House affairs are gene-
tte,.! good except as regards banking and miscella-
II "48 shares. The New Threes are 87i and the
Stoecillt.eed Annuities at 871 ; Bank of England
(Fih,e'l 250; India 5 per Cents., 1061 ; Exchequer
-call) Bills, 2s. prem.
is the Foreign Stock Market increased firmness
),:aPParent. Turkish 5 per Cents. have improved
°: 341 ; Mexican Stock to 18 7-16 9-16 ;
1:0:111sh Certificates *, to 14i ; and the Italian
_4117 1861, -8, to 551 1. Greek Bonds remain
'4l at 13,1
14.
02116 New Russian Loan Scrip continues in active
the latest quotations being 1i 1 prem.
e telegraphic advices just received from New
vet4k, although satisfactory, have not produced a
hr! favourable effect upon American Securities.
that''Pears that the financial secretary, having stated
i 4 all the United States Bonds should be payable
th:°l4) because the bonds that have matured since
paidßusPension of specie, payments have been so
Of sand this is understood to be established policy
to 1-:e Government. The 5-20 Bonds of 1862 are
theb,:"e called in at the expiration of five years from
1146 date and paid in coin, or be permitted to run
the Government is prepared to pay them
aoancie• The 5-20 Bonds are lower, at 70i I,
Shares have declined 1 to 491 50 ; Illinois
A,e,B, however, have advanced f to 78i 79.
114 I, 1a.,:
-Lie and Great Westera Railway Debentures
aqici ueelined to 59i 60i ex coupon ; but the Con-
to4e Mortgage Bonds have further advanced
11,:2j 434, ex coupon.
tilltullaese in the Railway Share Market has con-
Eight vet), inactive, and with a few exceptions a
ai3t" decline has taken place in prices. Great
Alatier4 have receded ; and Great Western, and
4ortchilester, Sheffield, and Lincoln, each 1 ; while
t 'Western have improved 1, and South-
aatc,rt
Shad Foreign and Colonial lines are generally a
A„teißrtner. San Paulo are marked 13f, South
14(1i:44 and Lombardo-Venetian 161 ; East
to 1041 have advanced to 105, Madras 5 per Cents.
131102, and Great Western of Canada to 12i I.
hteaciT'• Shares are very quiet, but quotations are
to
at
Ylllaititained. Imperial Ottoman are dealt
tl(la J t.,2'; London and County at 631 64 ; Lon-
vioclic'iot Stock at 411 ; Metropolitan and Pro-
That, ,at 91 10 ; and Union of London at 45.
.e
tee 4 '`ealings in the Miscellaneous Market have
ry limited. lludson's Bay Company have
at 34ed to
161 ; Credit Foncier of England are
4410% CitY of London Real Property, at 31 ;
4acl rr,„i'nerican Telegraph, have declined to 14-i- ;
hrh, egraph Constructionand Maintenance are
at
441.

MINING MARKET.

T(lere
1

WEDNESDAY, Two O'ClOCk.

1--.retiv•lii 'as been an active demand to-day for East
/Va'ee Le at an advance of 55., and for Prince of
Ore the °f
28- on yesterday's quotations. Annexed
oar current prices
olattoe rne, 22s Gd 5s ;Ch anab°
ivertou Moor, 41 5 ;
1,48 et, Gold:2 2 21 ; Clifford Amalgamated, 6 61 ; East
'41.44 it "3 ; East Caradon, 51 ; East Lovell, 10,1 111;
r.,l'axeY:llsea,ll'.,2,3- 31 ; East Wheal Grenville, 2* 21 ; Great
r7et ,"1 ; Great South Tolgus, 103 Od 12s 6d;
1 Pk,; 16 3?) Mark© ——;
h ales, 261 North Treskerby, 2i 3 ; Princo of
North
3 28*; South Condurrow, lOs 12s Gd ; South
`Yttetti'l3--ii; West Seton, 120 125; Wheal Basset,
ti"er)
19 20 i Wheal Chivorton, 8 i Wll°4l