The Sun.
London, England, 1865-04-01 00:00:00

MONEY MARKET

AN 0
COMMERCIAL INTELLIGENCE,

CITY, TWELVE O'CLOCK.

The supply of money in the discount market is
now daily increasing, and as the number of bills
brought forward for negotiation is small, brokers
are more willing to mark at 3i per cent. to obtain
the best paper.

Sixty-five thousand sovereigns, from Egypt, were
taken into the Bank yesterday.
The parting gold by the West India packet has
been sold at 775. 10id., and the refinable silver at
ss. O'd. per oz.

In the foreign exchanges yesterday afternoon
there was a slight downward movement in several

instances.

The National Financial Company (Limited) have
issued a circular detailing the terms on which they
have incorporated the business of that establishment
with the Oriental Commercial Bank (Limited).
Messrs. J. Henry Schroder and Co. have an-
nounced that the half-yearly dividends on the bonds
of the Four-and-a-Half per Cent. Swedish Govern-
ment Loan of 1864, due 15th April next, will be
paid on and after that day, and that the bonds
drawn for repayment must also be presented.
Messrs. Baring, Brothers, and Co., have received
by this mail, on account of New Grenada dividends,
the following remittances :—From the customhouse
of Santa Marta £2,009 11s. Id., and from San
Jose de Cucuta £695125. 7d.—total, £2,701 3s. Bd.
The mail from Guayaquil has brought a remit-
tance of £832 7s. 3d. on account of the dividends
of Ecuador.

The lists of applications for shares in the Millwall
Freehold Land and Docks Company will be closed
on Wednesday next, April 5, at 4 p.m., for London,
and at 12 o'clock noon the following day for the
country.

The share certificates of the General Irrigation
and Water Supply Company of France will be ready
for issue on Monday next in exchange for the
bankers' receipts and letters of allotment.
Tenders for £400,000 of New Zealand Govern-
ment 8 per Cent. Treasury Bills were opened at the
Bank of New Zealand yesterday. Applications
amounting to nearly £700,000 were received, of
which sum £130,000 was above the minimum. The
balance could all have been allotted in the room,
but the agents for the issue of the loan have decided
to receive applications till 12 o'clock on Monday
next for the unallotted portion of the second series
at and above £lBs. per cent. prem., and of the third
series at and above £1 16s. per cent. prem. The
whole of the first series was taken above the mi-
nimum.

The stoppage has taken place of the large East
India firm of Kelson, Tritton and Co., with liabili-
ties amounting to £900,000, of which, however,
the greater portion will be provided for by other
parties. The house was established eight years ago
with a moderate capital, but have since transacted
an enormous business in all kinds of East. India
produce, and have been extensive shippers of rail
iron. The firm have sustained large losses from
other failures and the heavy fall in produce, but the
immediate cause of the stoppage is the suspension
the other day of Messrs. Smith, Douglas and Co.,
on whose estate they are creditors for a large sum.
A favourable liquidation is expected, as will be seen
from the following circulars issued to the creditors :
" 26, Old Broad-street, London, E.C.,
31st March, 1865..
" We much regret to inform you that in consequence of
continued failures of houses at home and abroad with
whom we have been associated, we feel it our duty in the
interests of our friends to place our books in the hands of
Messrs. Harding, Pullein, Whinney, and Gibbons, who
will give their immediate attention to the preparation of a
full statement of our affairs for your consideration.
"In the meantime we may state that we have every
reason to believe that the liquidation of our estate will be
favourable to all concerned.—We are, your obedient
servants,

"KELsoN, TurrToN, AND CO."

Two O'CLOCK.
At Paris, this day, according to Mr. Reuter's
telegram, the French 3 per Cent. Rentes were 67f.
40c.

An improvement of + per cent has taken place
in the English Funds, and a very large business has
•
been transacted. The public appear to be taking
small quantities of stock off the market, and this,
coupled with the prospect of a continuance of ease
in discount circles, is exerting a beneficial effect
upon values. Consols are 90 for money and the
6th, and 90k for the May settlement.
The Foreign Market has also presented an active
and firmer appearance. Turkish 6 per Cents., 1862,
are 741 4 ; do. Consolides, 548 e ; Mexican, 264
27 ; ditto New, 254 26 ; Greek, 211 ; Spanish
Passive, 321 8 ; do. Certificates, 17i; Italian, 64 4 ;
do. New, 2 4 dis. ; and Confederate Loan, 33 35.
In the Railway Share Market there has been
a fair amount of business transacted,but prices have