The Sun.
London, England, 1866-12-15 00:00:00

ONEY 111ARKET

AND
COMMERCIiL INTELLIGENCE,

TWELVE O'CLOCK.

For a Saturday there is a very full demand for
discount accommodation, though the amount of
paper on offer is smaller. The lowest rate in the
°Pen market is fully 4 per cent.
The Tasmania has arrived from the West Indies
With upwards of a quarter of a million in specie.
The specie movement during the week has only
been to a moderate extent, although a large arrival
Was announced this morning from the West Indies
and Pacific. The imports have amounted to about
about £336,564, including £27,000 from New York
by the City of Washington, and £15,000 by the
Bremen ; the Mandingo from the West Coast of
Africa has brought £10,700 ; the Tasmania, from
thelVest Indies and Pacific, £257,595 ; the China,
from Alexandria, £1,617 ; and about £24,652, in
Lilver, has been received from the Continent. The
exports have been £21,300 to the Brazils, by
the Oneida, and there have been remittances to the
Continent through private sources estimated at
£244,300 ; the total amounting to £265,600.
An extraordinary general meeting of the English
and Swedish Bank will be held on the 15th January
next, when the results of the negotiations, which
have taken place between the directors and the
Scandinavian Share Company, will be laid before
the shareholders.
On the 27th instant the eleventh annual general
meeting of the Oriental Inland Steam Company
Will take place at their offices in Billiter-street.
The directors of the Imperial Mexican Railway
Company have issued a report, to be submitted to
the third ordinary general meeting on the 21st
instant, which states that the course of events
which have elapsed since the meeting on the 27th
June last have been very unfavourable to the pro-
gress of the undertaking. The state of political
affairs in Mexico, with which the shareholders are
Well acquainted, has prevented the Government
from fulfilling their obligations to the company,
Which the directors had reason to hope would have
been observed with greater punctuality when the
last report was issued. It has much augmented
the prevailing distrust in this country and on the
Continent, and has frustrated the efforts of the
directors to raise funds by the issue of debentures
secured on the property of the company. In the
report issued in June last the receipts for the first
three months of the present year on the Vera Cruz
section were stated to have been £29,636 Bs., or
£4B 10s. ld. a mile a week. The receipts on the
same section from the Ist April to the 31st October
just past :(which includes the whole of the wet
season) were £54,364 17s. 3d., making a total of
£84,001 ss. 3d. in ten months, or an average traffic
of £4l 3s. a mile a week throughout the year 1866,
in so far as returns have come to hand. The
balance of the debt due to the company from the
State on the 31st October was £249,719, and on the
Bond Debt Obligation of the Mexican Govern-
ment £68,383.
A report of the directors of the Grand Trunk
Railway of Canada, on the Buffalo and Lake Huron
Agreement, has been issued, which states that—
" It may be in the recollection of the proprietors that
the directors undertook that the bond and stockholders
should be called together at a special meeting to ac-
cept or reject any act of Parliament which might be
Passed for ratifying the arrangement with the
Buffalo and Lake Huron Company, the heads of
Which were approved on the 9th June, 1864. The
Meeting of the 28th instant is convened accordingly.
The Buffalo Company unanimously accepted the
'et at a special meeting held on the 25th of October
'tut. Explanations have from time to time been
afforded to the bond and stockholders since the
special meeting held on the 9th June, 1864, and the
directors would now add that the experience of the
working of the agreement makes them regard it, all
things considered, as mutually satisfactory ; and
Were it not for the notion, entertained in some
quarters, that the American Bonding Act may be
suspended, little question could arise.
The following circular of the City Offices Com-
pany (Limited), has been sent out with the notice
of call:—_

" The City Offices Company (Limited),
St. Clement's House, Clement's-lane,
Lombard-street, London, Dec. 13, 1866.
" Sir,—ln sending you the enclosed notice of call, lam
instructed by the directors to inform you that, as they have
resolved to confine their operations to the •ompletion of
the buildings now belonging to the company, they do not
"Peet that any further call upon the shares will be nec,es-
Bary.
-!` I am also instructed to acquaint you that the works
are rapidly progressing, and nearly all the property that is
ready for occupation has been let on satisfactory terms.—
Your obedient servant,

" G. W. BENWELL, Secretary."
The sum of £lO,OOO in gold was taken to the
tank yesterday, and a like amount was withdrawn.
The Peninsular and Oriental steamer due at
Southampton on Tuesday will bring £440,000 in
gold,

The Mexican dollars by the French packet La
Prance have been disposed of at 59/d. per ounce,
lallovring no alteration in the price. The total
amount ;brought by this opportunity for London
Was only about £50,000.
A telegram from Lahore announces the acceptance
of the terms of resuscitation of the Agra Bank by
the creditors and shareholders at that place. This
re•orepletes the assent of all the parties in the East.
To-day application was to be made to Vice-Chan-
cellor Page Wood, in order that the final arrange-
illente may be carried out with the sanction of the
Court.

Au order was made yesterday by the Court of
Chancery for the distribution of a second dividend
of ss. 4d. in the pound to the creditors of the Bank
°f London, payable on the 20th and 21st inst., and
J. E. Coleman, the official liquidator, has issued
a report in connexion with it, showing the progress
9f the realisation of the estate, the result of which
18 at least as satisfactory as could have been hoped.
With the payment of the new dividend, which will
Xlake the total distribution thus far 12s. in the
Pound, the liabilities of the Bank will be brought
11°1s% to £496,662, against which there are assets
retraining of the full estimated value of £584,696,
irrespective of other amounts unsecured. Of this
8441 £229,244 is expected to be realised within 12
kontbs from the present date, and as the collections
g° on the whole will be disbursed in dividends of ls.
or ls. 6d. in the pound.

Two O'CLOCK.
In the matter of Overend, Gurney, and Co., we
hear that a summons has been taken out by large
atid influential shareholders to apply to the Court
to order the liquidators to distribute the whole of
the assets in hand to the creditors instead
(11t the 2s. Gd. declared. The reason for this being
'44 at the present time many of the shareholders
are capable of paying their calls; but in the event
°I a longer delay there is a probability that they
aY not be so able. The consequence would be
that it will fall more heavily upon those who are in
", Position to respond to the call. Mr. Charles
il'PPenheime, on behalf of the creditors, will, we
°Pe, support the appeal.
Owing to some large purchases a further upward
°Nrement has been established in the English
bt?ek Market. Consols have advanced per cent.,
88i 89 for money, and 891 for the account.
B.,"New Threes are 874 881 ; Reduced Annuities,
5 '
• India 5 per Cents., 106 i ; ditto Enfaced
Per Cents., 100; and ditto 4 per Cent. Bonds,
-4).• to 255. prem.
The New Russian Loan has advanced I, to 1
Arena.
Foreign Stocks have in most instances improved.
Greek have advanced to 13; 144 ; Spanish
to 201 ; Turkish 5 per Cents., 1, to
t ; while Spanish Certificates have declined /,
; and the Italian Stock is firm at 551 4 ;
g,`l Mexican, at 181 4.
the Foreign and Colonial lines remain very in-
nactive, but prices are steadily maintained. Great
denlbourg are dealt in at 11 1 ; South Austrian
10,. Lombardo-Venetian at 15i ; East Indian at
13'3 11061; and Great Indian Peninsula 1054 106.
xta.,el'Y little business has been transacted in the
l'Way Share Market, but, in one or two instances,