The Sun.
London, England, 1864-11-24 00:00:00

CENTRAL CR.

11°)OlIZIWIAL INTELLIGENCE,

CITY, TWELVE O'CLOCK.
13t-al°\T IN THE RATE OF DISCOUNT
The OF THE BANK OF ""
t‘NDthis day
terib,-„-a°llhirnum rate of discount has been
.ibis from 8 to 7 per cent.
with iMPottant measure has been looked forward
h every confidence in almost all departments
or "osiness in the City, owing to the relative value.
1:10IIey in the open market, and the tm.
ttatit accession of strength which the
-t4tienal establishment is consequently pre.
11:41ed to have acquired. The authorities
th"te transacted very little discount business during
t :13116t week, and their other securities are rem-
d,•„,l°l3' supposed to have undergone a considerable
tit'"Leution. The reserves both of notes and gold
toet:4o believed to have been largely augmented,
tit Cat the executive, in their own interests, have
at
114„.k'e deemed it expedient to adjust their re-
htt;,,°n more in accordance with the actual mar-
value of money. The announcement has
Ipi-h'etl but little discussion, owing to the certainty.
epeet nich it was awaited. The market is
.nowis
%ILtd to show rather more vitality, since it
beep4t that the mercantile communityhave
tte deferring their discount transactionsthe
k1te4:4,48 Practicable, in order to see whether
lf it did occur, would produce a further
tveriela-T°h in the terms out of doors. Such, how -
tevi;
op likely to be the case, as the partial.,
111 bk of the enquiry has induced bankers and
114 e nrc°llers to ask rather more for the temporary
%loll"' their resources. There is now an impress
tkat.bat for a time at least the quotations
w.
° firm position, especially as an effect is
tio' t° be
a f Produced by the prospective negocia-
ellt 4414erous loans for needy foreign Govern-
meeting of the creditors of Messrs. John
who
i'llet) ;1;1 en, merchants in the Spanish trade,
I°,,hee-:ed en the 2Sth ult,, was held yesterday,
,`-alent:' balance sheet was submitted by Messrs.l.
vilitCa°l 'rut quand, Youngs and Co., showing lie-
-1167,6g8 for 468,411, and assets estimated a
ee s°t-:, The meeting expressed a desire to have
11,'4EitTe liquidated by Mr Cole himself, in con-
,-,4., the accountants, but, in deference to the.
bm'otii;°4 Wish of Mr Cole, it was resolved unanii-
bte liquidate under inspection, and,
.1111.)radford was appointed the sole inspeolor.
r.
-°thil-Ittit Week's railway receipts, ascertained up
fir (11% are in round figures as under :
,e4W
1864. 1863.
vet ............... £62,141 £59,118
. 103,722 97,596
itttlito"h eaterti .
19,465 12,199
17,079 16,024
1..!1t-Ek‘gt 4:ll:eie'rrl' •
.. 18,956 18,798
1/Nkiri
4,8t0l 44:31 Yorkshire 33,792 34,310
kottll.4 zeter
qt:lo4at at stern
.era
Silefteid, and Lincoln 17,588 16,923
ees
Illtzle
k nod of last year, in most instances show
vourable features. On the Great Western
foeletp an 'crease of £3,023, on the North
.760 tlq £6,126, on the South Western of
" the
tVhd of Brghton of £1,055, on the
h ' £4,125, on the South Eastern of
the -1,"1 the Great Northern of £3,136,
iNkterri'llstol and Exeter of £330, on the North
°f 45,362 on the Manchester, Sheffield,
Thell-e°lo of 466,5, andthe Great Eastern of
deer%Wilite the on-
and
Lancashire Yorkshire shows
The %88 f 4518,
too, - uuli•
I°ll
Topertions at the Bank yesterday
`" 44 of £106,000 in gold, and the
coati t.h4ewt,4l °f 60,000 sovereigns for Alexandria.
an'?r.eigtl Market there is very little ani-
I ,44 Q business is rather aotive. Turkish 6
kece" 1862, are 71/ 72; do. Consolides, 47k
r'eis4 ;,I°' 29k ; do. New, 24, f ; Greek, 23 ;
k4,;tag4,B4Bsive, 3041; do, Certificates, l3f, .1 ;
4 1
qa 'Nye' 7g 48; the Confederate Loan, 61 62;
ittle "eVf gy ti L rem.
Pan Loan, p
t'M a- Llal Mercantile Credit Association have
W')o,oool°BPectus announcing an issue of
4 et'terti debentures of the Atlantic and Great
tit 41\r bten clwa37, the construction of whlyth has
ttOte:l),ted. It passes through the States
4°,te York
tii:, Pennsylvania and Ohio, and con.
:441`• 1,044 °lain line for the traffic from New York
dB 414t1d also, by means of a short branch,
'%ttlitt'• ee,Priheipal business of the n,ovv oil
11.4Nretth
bee amount now required, £1,200,000
alitit'ate is n Privately subscribed, and the en-
-1144 here 0r the purpose of repaying to capi. to tir44dvances which have been made from,
for the rapid progress of the water-

Two o'cLocx.

At Paris, this day, according to Mr. Reuter's
Telegram, the 3 per cent. French Rentes were 65
05, heavy.

An alteration has been made by the discount
firms, including Messrs. Overend, Gurney, and Co.,
Messrs. Alexander, Cunliffe, and Co., &c., in the
rates of interest allowed on deposit accounts as fol.
lows :—Money at call, 6 per cent. ; at 7 days, 61
per cent.; 14 days, 6 per cent.

The reduction in the rate of discount at the Bank
of England, so far from creating buoyancy in the
market for the English Funds, has been followed
by a decline of I per cent., and in the other depart-
ments affairs present a very unfavourable appear.
ante. Speculation for a rise has been brought
within narrow limits. aad sales consequently
have produced weakness, but the retro-
grade tendency has also been promoted by
transactions based upon the idea that prices may go
lower under the influence of foreign loans and other
adverse contingencies. Consols for money are 90:
911, and for the account, 89: a Lessdividend. Deal-
ings have been recorded in the New 3 per Cents.
and Reduced Annuities at 88: 89; March Exche.
quer Bills at 4s dis, par, India 5 per Cents. to 6: I,
and Enfaced 5 per Cents. 102.
In the RAilway Share Market business has been
rather dull, and prices have in several instances
shown less firmness. South Eastern have receded
£1 ; North Eastern and Lancashire and Yorkshire,
each 10s.; and Great Western, ss. ; while Great
Eastern and Caledonian have each improved ss.
The Foreign and Colonial undertakings exhibit,
little ohange of importance in prices.

BAnk and Miscellaneous shares remain inactive.
Agra and Al.asterman have declined to 136;
Union of Australia to 55; Union of London to
561 ; while Fore Street Warehouse have improved
to 91; and Royal Mail Steam have declined
to 90.1.

BRITISH FUNDS—ONE O'CLOCK,
GOVERNMENT FUNDS.
3 per Cent. Consols
Do Account, Dec. 8
3 per Conti Reduced 893 83
New 3 per Cent. B9 k 83
New 21 per Cent. Jan. 1894
Do 5 per Cent., Jan. 1873 —
Annuities, 30 yrs, expire 6th Jan., 1880..
Do for 30 yrs, expire sth April, 1885...
Do (ited Sea Telegraph), Aug. 1908...
March, June.
Zschequer Bills, £l,OOO, 4 & 31 per Cent. par
Do £5OO
Do £lOO and £200
dank England 61k, 5: per Ct.
Do Account
INDIFIN GOVERNMENT SECURITIES.
Endia Stock, 101 per Cent., April 1874 —
Do Account
Do 5 per Cent. July, 1870 ....
1)0 Account

Do 4 per Cent., Oct, 1888 ^
Do Certificates

Do 1 per Cont. (Deferred 3 per Cent.)..
Do 41 pei Cent.
Do Enlaced Paper, 4 per Cent ..
Do 5 per Cent., Jan. 1872
Do 51 per Cent., May, 1879
Do 4 per Cent., Aug. 1860
Do 13onds Xl,OOO .. .
Do under £l,OOO
FOREIGN FUNDS—ONE O'CLOCK.
Austrian Bonds, 5 per Cent
Brazilian b per Cent
Do 41 per Cent., 1852-58-60
Do 1863 .. 83

Buenos Ayres 6 per Cent —
Do Account „s..
Alilian 6 per Cent. —
Do 4} per Cent
Colombian 6 per Cent —
Cuba, 6 per Cent. ..
Do 5 per Cent, 1864
Danish 3 per Cent., 1825
Do 5 per Cent, 1864
Hquador New Consolidated, 1 per Cent —
Do, Provisonal Land Warrant —
Egyptian 7 por Cent 951
Do, Second Issue
Do LIG() Bonds
Greek 5 per Cent., 1824-5, ex-Coupons —
Do Account
Do Coupons —
Do Account —
Guatemala 5 per Cent.
Do 1839 and 1859
Italian 6 per Cent.(Maremmana Railway) 7l}
tilexioan 3 per Cent ....
Do Account
Do 1864

.......
Do 6 per Cent. Anglo-French — die
Do Scrip, £d.3 paid....
Do French Scrip, Ex. 25f 20c — die x d
bloorish Imperial 5 per Cent
New Granada --
Do 2 por Cent. ..
Do Deferred
Do Land Warrants (Hectares) —
Do Debentures, 4 per Ct., April 1864 —
Do do Aug., 1866 —
Peruvian 41 per Cent . •
Do 3 per Cent. (Uribarren) —
Do 41 per Cent., 1862 ..
Do Account
Portuguese 3 per Cent., 1853
Do Account —
Do 3 per Cent., 1856, '7, '9, '60,_62,'3 —
Do Account 47/ 8
Russian 5 per Cent 1822, £ St. —
Do 41 per Cent., 1850 • • -----
Do 1860
Do 3 per Cent 1859 —
Do 5 per Cent, 1862
Do Anglo-Dutch
Do Scrip, £65 paid
Sardinian 5 per Cent ..
Du Account Bs}
Spanish 3 per Cent
Do Account —
Do New Deferred —
Do Account
Do Passive
Do Account 3of
Spanish Cert. of Cuup not funded .. —
Do Account
Swedish, 4 per Cent
Do Scrip, £6O paid — pm
Turkish 6 per Cent. 1854 —

_
Do Account .•
Do 6 per Cent. 1858
Do Account? 72 i
Do £lOO Bonds —
Do 6 per Cent. 1862
Do Account . . 72 4
Do £lOO Bonds 74 i
Do 1863 .. 68 7
Do Guaranteed, 4 per Cent.
Do 1863 Scrip, £4O paid
Venezuela 3 per Cent.
Do Account —
Do 6 per Cent., 1862 —
Do Account
Do 6 p Cent., 1864
Dividends on the above payable in London
Austrian, 5 per Cent., Ex. 10 Florins.
Belgian 4f per Cent., Ex. 25f —
Datch 2} per Cent. Ex. 12 Guil 63
Do 4 per Cent. Certificates
French Rentes, 3 per Cent.
Italian, 5 per Cent., 1861, Ex. 25 francs —

Do .Account
Peruvian Dollar Bonds, 4i per Ct. Ex. 4s.
Piedraentese, 5 per Cent., Ex. 25f
TWO 0 O'CLOCK.
Consols, Money., 9O; 91;
Do Account

Liverpool Cotton Market—This Day,

Market opens steady.
bales.

Sales probably 8,000

Baron de Sainte•Avoye, an officer of the First
Empire, has just died at the Chateau de Boscol
(Seine-Inferieure), aged 80.

Early on Friday morning two men, named Pear-
son and Wedgewood, were poaching in the fields
between Ugthorpe and Lythe, near the Mulgrave pre-
serves, near Whitby, when Wedgewood, who was two or
three yards in the rear of Pearson, stumbled, and in at-
tempting to regain his balance caused his gun to go off,
the charge lodging in the lower part of Pearson's body and
penetrating upwards. Tho unfortunate fellow, with the
help of his comrade, managed to struggle, bleeding fearfully,
for about a mile to a farmhonse. Medical aid was obtained
as soon as possible, but he died within two hours after the
fatal shot was tired. Pearson had been married only a few
weeks to Wedgewood's sister.

Loss or LIFE AT SEA AND RESCUE OF A Slllpts
CREW.—On the morning of the 20th instant, the
Cunard maii steamship Canada, while cn route to Liverpool,
fell in with the barque England, of Newcastle-upon -Tyne,
bound frcm Quebec for Sunderland, with a cargo of timber.
When discovered by the Canada, the England was lying
water-logged in a furious sea. With grtat difficulty, the
Canada rescued Capt. Johnson, of the England, and 16 of
his crew. Three of the crew had previously been washed
overboard, and Capt. Johnson said the weather had been
fe trful in the Atlantic ever since he lett the St. Lawrence,
The England subsequently foundered.
An officer of the navy has been arrested at Ports•
mouth for the illegal possession of naval stores,

taking. The traffic has exceeded the most
sanguine estimates, and has been limited
solely by the amount of rolling stock
available, and, according to a:statement of Sir
Morton Peto, the line is " fully equal to the best of
our English railways." The issuing price of the
debentures is 90, and they are to be redeemed in
three years at par, so that the interest, which is-
nominally 8 per cent., is thus equivalent to more
than 12 per cent. The instalments are to extend to
the 15th of May next, and the interest is guaranteed
for the whole term by the Consolidated Bank. The
bonds are 2 to 3 premium.