The Sun.
London, England, 1866-05-22 00:00:00

TWELVE O'CLOCK.
The Money Market remains in a quiet but strin-
gent Condition. The almost daily notification of
joint stock and-private commercial failures render
discounters very reserved in their operations, and
besides, the efflux of gold to the Continent likewise
tends to keep up the rate for monetary accommoda-
tion at its present high value. In the open market
the brokers are very cantious in the negotiation
of, the bills brought into circulation, and only
bankers' short-dated acceptances are taken at the
official quotations, viz., 10 per cent.
The failure of Messrs. Gellatly, Hankey, and
Sewell, in the shipping trade, was announced yes-
terday afternoon. The event was produced by
exceptional causes, and it is believed the liquidation
will prove most favourable. A surplus of about
4-60,000 is anticipated. Arrangements have been
made for carrying forward the branch of business
connected with shipping and freights, so that there
lvdi be no interruption to that department.
The sum of £172,000 was withdrawn from the
lank of England yesterday afternoon.
dAt a meeting to-day of the shareholders of the
nk of Queensland, the report presented by the
directors stated that after paying all charges, and
Providing for rebate of interest on bills discounted
On 30th December, 1865, there remains a balance
Profit of £10,373 108. Id., equal to 10 per cent.
Per annum on the paid-up capital.
meeting of the shareholders of the New Zea-
landf Banking Corporation, has been held to-day
(3: the Purpose of considering the best mode to be
adopted for winding up the affairs of the company.
1e• R. A. Hankey occupied the chair. A preli-
huarY statement submitted by the secretary
4°wed that the liabilities were estimated at
296,291 and the assets £300,936. The following
resolutions were adopted :--That the directors be
authorised to take such steps legal or otherwise to
Protect the property of the bank, and that it is
highly desirable that the efforts of the directors to
secure
, and command the conduct of the liquidation
Mould be continued, and that the liquidation should
remain in their own hands. The shareholders pre-
sent expressed their confidence in the directors.

Two o'CLocic.
Preach According to Reuter's telegram this morning, the
Rentes were 63f. 50c.
14sup English Stock Market has been exceedingly
ported to-day, and an improvemynt fully
1-
Per cent. has been recorded in the funds. A more
the
opinion respecting foreign politics, and
e 'OW prices which prevailed have induced large
purchasers of stock for investment and speculation.
e
eusols foa money are 8641 87, and for the account,
851 s
4z• The New Threes and Reduced Annuities
areih-a,Steady at 84k, 85f ; Bank Stock is 242, 244 ;
'a 5 per Cents are quoted 105- ; ditto 4 per
Cents., 96, and ditto Enfaced 5 per Cents., 101.
Foreign stocks continue to show firmness. Turkish
5
Per Cents. are 30k a ; Mexican, 16 4 ; do. New,
t',4; Greek 10 11 ; Spanish Passive, 20 k ; the Cer-
cates, 14k 15; Italian, 381 ; Brazilian Scrip,
81
Rh' dis• ; United States 5-20 Bonds, 64k 65 ; Erie
-mares, 42 ; and Illinois, 76
h Ile operations in the Railway Share Market
avo been very limited, and prices are in most
I,llstances lower. Lancashire and Yorkshire have
declined 10s., Midland, 155., and North Western
4111:1 South Eastern, each £1 ; while Metropolitan
have improved £l, and Great Northern, £1 10s.
The Foreign and Colonial lines are in several
llittances a shade flatter. Great Luxembourg have
declined 4 ; and Grand Trunk of Canada 1.
Lank and Miscellaneous Shares are very quiet,
Alliance being 13 15. Bank of London have de-
emedeedto 10k; London and County to 74 k ; London
()de-
int Stock to 45 ; Credit Foncier and Mobilier
cif England are at 1i 2-1; International Financial
at
24 3 ; and National Discount Company at 11

BRITISH FUNDS—CLOSING PRICES.
a GCVERNMENT FUNDS.
Dr Cent. Consols
(21. A.ccount 8
May 9 B5l 2-
,Per Cent. Reduced B4i
4/ 5/ 4i i 4i 61 41
New 3 per Cent
51
"It Do 2i per Cent. Jan. 1894 —
A 5 per C Jan. 1873 —
-thuities, 30ent y . expire sth Jan., 1880
~'O. for 30 y- sr,s'expire sth April, 1885 —
""') (Red s6ar Telj • ph) 1908 —
P
gia 7 Aug.,
March. June.
I t,
-o.equer Bills, £l,OOO, 3 per Cent. lO 8 dis 3
ddis
s
Do.
Oa 500 —
Do
£ £lOO and £200
ht.
rl--‘ t.' England Sthck, 5 per Cent
c Account —
111",i;IIIA•N GOVERNMENT SECuRITIEs.
--h'au Stock, 14 per Cent., ApsrillB74
..._—
"0. Account
00
1051
D • 5 per Cent. July, 1870
96
D°•
4 per Cent., Oct. 1888 mo Certificates ,
i., •
'O. Enlaced Paper 4 per Cent
12,(:). 5 per Cent., Jan. 1872
D 0•
5i per Cent., May 1879 —
-°. Deb, 4 r Cent., Aug. 1866
121 , Po _
Lo• Bonds, £l,OOO
"0 under £l,OOO
A I'OREIGN FUNDS—CLOSING PRICES.
4.l•gentine Republic, 6 per Cent., £l5 pd — pin
13,,t4'n_1-11, an Bonds, 5 per Cent, 1839
I".4ilian 5 per Cent --
--°•l.. per Cent., 1852-58-60
°. 1863
1.., D 1865
....,0 Account'
67
,0
134! • Scrip, £45 paid
0108 Ayres 6 per Cent —
eta,? 1 per Cent. (Deferred 3 per Cent )
ea! 6 per Cent
011:1;1003
I:4cfait,:,36rep£Cseouptaid
—die
Doi:)* Per
Cent
per Cent. —
Dault'B,6 Per ent.
1) u 3 Per Cent., 1825
,
44ubia4 P • • Ities
Do. A
oco ruicip
4, mat
ador New Consolidated, 1 per Cent —
DO., Provisional Land Warrant —
IT ° Deferred
Illtian 7 per Cent —.
D 0•
Second Issue —
JJO £lOO Bonds
13 Do.
1864 B3 11 80
,0 £lOO Bonds
IJo. Government Railway Debentures. 861
) -
Greek 0 paid
N Xe 5
Account C .ents , 1824-5, ex Coupons
-uo. Coupons
bo. Account
tztiateinala 5 per Cent
Italian 5 per Cent 1865
ilo Account
57 6 8
MDo. Maremmana Railway
exican 3 per Cent
Do. Account
-1 1
Dn 1864
..1)o 6 pdean 6 per Cent.,
Cent. Ang
£30.10-Frencpaidh ......
kontevi
Moorish Imperial 5 per Cent
2ew Granada 9l 3
veruvian 5 per Cent., 1863
'D„° 3 per Cent. (Uribarren)
•`-'h° 41 per Cent., 1862
t, '-'0 per Cent .,
_
orteguese 3 per Cent., 1853
per Cent 1856, '7, '9, '6O, '62, '3 —DO A ''
421 31 21
414
.. ccount
D'ils,Tl, 5 per Cent., 1822, £ St
1---)" If per Cent. 1850
-..3
4i per Cent., 1860
Do R
501
I) er Cent. 1839
D ° 6 P
per Cent. 1862
Sa4, 5. per Cent. 1864 —
B 'hlan per Cent
11,,„?; kccount
.IS'"B4 3 per Cent
--',O Account
B° New Deferred —
Do`-' Ac o t
,1 Passive
-° A-cc Aunt
Danish Certof Coup not funded --
D . c •
00
.4 count l4l 1
'7, dish 4 per
Cent.
1)0 A,
Turk: ',I Per Cent. 1864
r, Ise 6 per Cent. 1854
DoAccount
Do 6 per Cent 1838
...,0 A •1) 4,ccount 59
° £lOO Bonds
Do
6 per Cent. 1862
Do Ac
, count 6O 59/
1-1,,„0 £lOO Bonds
A_,o 6 .
Do , Per Cent., 1863
D 0 per Cent., 1865, paid up Scrip —
Do Account
r.o:l,tta pacecroCupenntt. Guaranteed
4
Tzuola er Cent. —
Do
tj per Cent., 1862 — Account
Do. 1864
NI Dividends on the above payable in London.
blpia, 4-1 per cent., Ex. 25f.
o-,,e4 4 per Ofint., Ex. 12 Guil
1,.."-_'6.l per Cent. CertificaLes
Italian'°9. h
SRentea 3 per Cent.
.r. per Cent., 1861, Ex. 2sf. - 3B} i9l
Oo
THREE O'CLOCK.
1360°.,11:(Qn. mono .............................. 86i 7
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