The Sun.
London, England, 1865-03-25 00:00:00

lONEY MARKET

AN')

COMMERCIAL INTELLIGENCE,

CITY, TWELVE O'CLOCK.
There is less demand for money in the general
discount market, owing, in some measure, to the
expectation of an early reduction in the official
luinimum, but as the supplies are not very abundant,
brokers still charge 41 for the best bills.
In the Foreign Exchanges yesterday afternoon
there was no material alteration.
About £16,000 in gold was taken into the Bank
Yesterday.
Since Saturday last the imports of specie have
kuounted to £189,500, and the exports to £136,700.
The suspension of Messrs. Smith, Douglas, and
Co, and Messrs. James Smith and Co., of Liver-
Pool, has been announced, with liabilities between
300,000 and £400,000, principally in connection
with the produce markets. This house is connected
with that of Messrs. Grant, Smith, and Co., of Cal-
cutta, but the latter firm will not suffer severely in
consequence.
The prospectus has been issued of the Finan-
cial Insurance Company, requiring a capital of
1.,000,000, half of which is to form the first issue

in. shares of £2O each. It is not contemplated to
call up more than per share. The company was
established last year, and has conducted a very large
and successful business in this country, in France,
Italy, and the Mauritius, and it is now proposed to
extend operations still further in other parts of the
World. Only a portion of the shares above named
is to be offered to the public. The boards of direc-
tion are numerous, and from the details given in the
Prospectus of the operations of other companies,
the business appears to be a remunerative one.

At a meeting of the creditors of Mr. Thomas
Stirling Begbie, who suspended payment on the
13th inst., the balance-sheet presented by Messrs.
Quilter, Ball, and Co., the accountantp, showed
liabilities amounting to £350,000, the greater por-
tion of which is secured or otherwise provided for.
It is estimated that under any circumstances the
secured creditors will receive a dividend of 10s.
111 the pound. It was unanimously resolved that
tile estate be wound up under inspection.

Two o'CLocx.

At Paris, this day, according to Mr. Reuter's
telegram, the French 3 per Cent. Rentes were 67f.
32e. Firm.

A rise of * per cent. has taken place in the
English Funds, notwithstanding a sale of £lOO,OOO
Consols by one broker for the next account. The
market appears buoyant, owing no doubt to the
Prospect of easier money very shortly. Consols
have risen to 891 for money, and 891 for account.
Foreign Securities have not varied materially,
and business has been moderately active. Turkish
6 per Cents., 1862, are 731 4 ; do. Consolides, 531
11; Mexican, 26* 1 ; ditto New, 251 8 ; Greek, 204
21; Spanish Passive, 328 8 ; do. Certificates, 178 1 ;
Italian,
631 8; ditto New, 3f 3 dis. ; and Confede-
rate Loan, 35i 36i.
The transactions in the Railway Share Market
bake been moderately active, and a further slight
zinprovement has taken place in prices. Metro-
politan have advanced £1; Great Eastern, 10s. ;
411 d Great Northern, Brighton, and Midland, each
ss•
Great Western and South Eastern, however,
'gave each declined ss.
In the Foreign and Colonial undertakings there
484 been very little animation, and quotations
'elnain without change of importance.

Bank and Miscellaneous Shares are in limited
request, at steady rates. Alliance are dealt in at
341 ; English, Scottish, and Australian Char-
red at 20 ; London Joint Stock at 46/ 47 4 ;
IliOn of London at 51/ 524 ; London Financial at
2u
Ali ; and Thames and Mersey Marine at 71. South
African Land and Finance are quoted 1/ 1/ prem. ;
4io de Janeiro Gas 1 11 prem.

• BRITISH FUNDS—CLOSING PRICES.
GOVERNMENT FUNDS.
a P,l* Cent. Consols
4 . 'O. Account, April G B9l 1
7,1,1>er Cent. Reduced B7l
Isirl 3 per Cent B7i I
'.,Y! 21 per Cent. Jan. 1894 72 i
44'0. per Cent. Jan. 1873
114uities, 30 yrs, expire sth Jan., 1880
Do. for 30 yrs, expire sth April, 1885 —
Do 10,,:, (Red Sea Telegraph), Aug., 1908 —
—^euequer Bills, £l,OOO, 4 per Cent —
- Do. £5OO —
t
'llk of England Stock, 51 per Cent lint
I„Nui,l\'Dl sta AN GOVERNMENT SECURITIES.
m Stock, 101 per Cent., Apri11874...
Account
5 per Cent. July, 1870
"0. Account
,°- 4 per Cent., Oct. 1888
. ",sO. Certificates —
.r.,-1-'O. Enlaced Paper 4 per Cent —
r,O. 5 per Cent., Jan. 1872
-;°. 51 per Cent, May 1879 —
..-,'o. 4 per Cent., Aug. 1866 -
1.,-"0. Bonds, £l,OOO — pm
4'o. under £l,OOO

I FOREIGN FUNDS—CLOSING PRICES.
irstrian Bonds, 5 per Cent —
Pa,zilian 5 per Cent —.
•uo. 4- per Cent., 1852-58-GO
1)o. 1863
Buenos Ayres 6 per Cent —
n 1)0 I per Cent. (Deferred 3 per Cent.)
Qailian 6 per Cent
N1)0. 41 per Cent
r, lembian 6 per Cent. —
tuba, 6 per Cent.
per Cent., 1864 —
D "0. Scrip, £55 paid — pm
Itt;lish 3 r Cent., 1825 —
' O. 5 per Cent., 1864
V"0. 6 per Cent., 1773-77, £25 paid —
40nbian Principalities
t, 1)0 £65 paid 3l dis
cluador New Consolidated, 1 per Cent —
t Do., Provisional Land Warrant
RT,,
' Ptian 7 per Cent 941
"I'o. Second Issue —
' 4-'o£loo Bonds 931
, Do. 1864 964
Cie Scrip, £sb paid
reek 5 per Cents., 1824-5, en Coupons
1)0 Account
no. Coupons
(1-`lO Account Bl
Liatemala 5 per Cent.
141)0. 1839 and 1850
liall 5 per Cent (Iglaremmana Railway) 684
u 0 1865
)de") Scrip, £25 paid
xican 3 per Cent.
~
1)0. Account
Dc 1864 —
1,33° per Cent. Anglo-French 5ll
wuo French Scrip, En. 25f 209 — dis
I,Lroontevidean 6 per Cent., £3O paid
ikz, orish Imperial 5 per Cent
e„'w Granada
,NLIO 2 per Cent —
' '0 Deferred
Lpco Land Warrants (Hectares)
-11 avian 41 per Cent.
L 0
-n 3 per Cent. (Uribarren) —
4-.,',0 q per Cent., 1862
t ~'"0. Account
-1111z11 3per Cent 1853
L° .._. ese .,
11 Account -
3 Per Cent., 1856, '7, '9, '6O, '62, '3,
$0" Account —
4esian 5 per Cent., 1822, £ St.,
Do b 0 41 per Cent., 1850
1860
121° 3 l),, 5 r Cent 1859
ppeer Cent., ~
1862
L 0
i 3 . 1864
4,,Nlnian 5 per Cent
4'o- Account
LO"a4e 3 per Cent 4B
~ Account 4B
Tl''''° New Deferred —
L°- Account —
0 Passive
it'-'0 Account 324
natlish Cert. of Coup not funded -
—0 Account 4
Wed;
TllO7llll per Cent. l7
, _

„\-trkish 6 per Cent. 1854
Vl° Account
-tic' 6 per Cent. 1858
-„0 Account —
'-',O XlOO Bonds i 75
Doe 6 per Cent. 1862
-,,--'0 -Account 73} 1
4-'l,O. £lOO Bonds 73f / 4
"'he 6 per Cent. 1863
Ire-0 Guaranteed, 4 per Cent —
;,oezuell. 3 r Cent.
D°; ' Pe _
h • A.ccount
1)-°' Accountnt, 1862
—ho. —
e 6 per Cent.
bividends on the above payable in London.
lau,
5 per Cent.,.Ex. 10 Florins
Dui,,,al; 41 per cent., Ex. 25f.
b N. per Cent., Ex. 12 Gull —
Pt.„,.,°,% Per Cent. Certifi....ces
French Rent 3 per Cent.
It e• Ac out
ali coun
D°. 5 per Cent., 1861, Ex. 25f.
-0. Account
00. h., ,
ls, Money TWO O'CLOCK.
li'e
"`-'O. Account
X. 4

.verpool Cotton Market—This Day.
fojo,le Market continues quiet. Sales, probably
el' 5,000 bales, at about yesterday's prices.