The Sun.
London, England, 1864-07-25 00:00:00

Two O'CLOCK.
ADVANCE IN THE RATE OF DISCOUNT.
The Directors of the Bank of England have just
advanced their rate of interest and discount from 6
to 7 per cent. This important step was in a great
measure anticipated, owing to the pressure
upon resources of the establishment. A change
being considered imminent, operators in the
open market refused business at 6 per
cent., and the extra terms required forced the mer-
cantile community upon the Bank; but, as the
reserve of notes and gold in that establishment had
been very much reduced, the authorities had no
alternative but to carry their quotation 1 per cent.
higher, It is not improbable that even greater
disturbance will prevail, unless the outflow of the
precious metals is brought within narrower limits.
The several discount and banking establishments
have advanced their rate of interest for deposits.
The terms are—money at call, 5 per cent,; 7 days'
notice of withdrawal, 54 per cent.; and 14 days'
notice, 6 per cent.

There is a depressed market for the English
Funds, owing to the unfavourable position of
monetary affairs. Consols for transfer are 90k,
and for the account, Nil. The New Threes and
Reduced Annuities are about 894 ; Jur) Ex-
chequer Bills, ss. to 2s, dis,, and India Stock, 212
214,

In the Foreign Market there has not been much
animation, and prices have been depressed. Turkish
e per Cents., 1862, are 691 ; do. Consolidbs,
6016; Mexican, 28/ 29/ ; Greek, 24/ b ; Spanish
Passive, 281 1 ; Portuguese, 47/ 48; Italian, 67 ;
and the Confederate Loan, 77 77k.
Business in the Railway Share Market has been
very limited, and prices have generally shown a
downward movement. South Eastern, North
Western, Great Western, and Great Eastern have
each declined 62.

The Foreign and Colonial lines are also inactive,
at barely former quotations.

Bank and Miscellaneous Shares continue in very
limited request. London Joint Stock have declined
to 49k; Union of London to 531; and Anglo.
Egyptian are quoted 31 3i prem.

BRITISH FUNDS—CLOSING PRICES.
GOVERNMENTFUNDS.
i
8 per Cent. Consols
a i
Do Account, Aug. 9
i a
3 per Cent. Reduced
NbY, 3 per Cent.._
New 2. Cent.
p Jan. 1891... .
Do 5 per Cent., Jan. 1873 —
Annuities, 30 yrs, expire :ith J an., 1880 —
Do for 30 yrs, expire sth April, 1885 —
Do (Red Sea Telegraph), Aug. 1908 —
March. June.
1 5
Exehegner Bills, £l,OOO, 3 & 3/ per Cent.
•
Do £5OO
Do £lOO and £200
Bank England Stk, 54 per Ct.
Do Account.,
INDI&N GOVERNMENT SECURITIES.
India Stock, 10i per Cent., April 1874 2ll 12
Do Account —
Do D 5 per Cent. July, 1870
104!
Do Account.... —
Do 4 per Cent., Oct. 1888
Do Certificates
Do Enfaced Paper, 4 per Cent —
Do 5 per Cent., Jan. 1872 —
DoDo si, per Cent., May, 1879 —
D 4 per Cent., A.u.g. 1866
D 0 Bonds xl,OOO
o under £l,OOO ................
FOREIGN FUND ••••••
PRICES.
Austrian Bonds, 5 per Cent
Do 1859
Brazilian 5 per Cent
Do 41 per Cent., 1852-58-60
Do 1863. 861
Buenos Ayres 6 per Cent
Do Account .. ,
Do 1 per Cent. (Deferred 3
Obilian per Cent.) —
6 per Cent
Do 4} pet Cent.:
......
Colombian 6 per Oe
Do per Cent. 1864.
_
Zquadsor
Danish 3 per Cent., 1825 e d, 1 per Cent —
LgYPtian 7 per,Cent lO2l
102/
1)0, Second Issue' Greek 6 per Cent 1824-5, ax-Coupons
.--
./
24a i 4
Do Account
Do Coupons
Do Account ..... .
Guatemala 5 per Cent.
Do 1839 and 1859
ItAlian b per Cent.(..Nlaremmana Railway)
blexican 3 per Cent
284 9 St
11.100 Account
26i
Do per Cent, 1861
dis
Do French Scrip, Ex. 25f 20c ..
Do 6 per Cent. Anglo-French
Ditto Scrip, £23 paid
Moorish Imperial 5 per Cent
New Granada
D 0 2 per Cent.....
291
Do Deterred—
,Do Land Warrants (Hectares) 4/
.1' eruvian 41 per Cent
Do 3 per Cent. (tJribarren)..
Do 41 per Cent., 1862 —
Do Account
Portuguese 3 per Cent., 1853
Do Account
•• --
Do 3 per Cent., 1856, '7, '9, '6O, 62,'., ..
Do Account 474
Russian 5 per Cent., 1822, £ St
Do 4f per Cent., 1850 B6
Do 1860
Do 3 per Cent 1859 ..
Do 5 per Cent, 1862
Do Anglo-Dutch
a
Do Scrip, £3O paid
Sardinian 5 per Cent
Do Account
epanish 3 per Cent
Do Account
Do New Deferred
i fi•
Do Account 441
Do Passive
281 a
Spanish Cert. of Coup not funded
Do Account
Swedish, 4 per Cent
Pal
,„ 110 Scrip, £6O paid
_
1-Urkish 6 per Cent. 1854 •
914
b 0 ccount
Doh per Cent. 1858
_
D 0 Account
Do £lOO Bonds
_
1)0 6 per Cent. 1862
694 I
Do Account
Do £lOO Bonds 7ot 69i
Do 1863
.... D° Guaranteed, 4 per Cent
Tenezuela 3 per Cmt.
Do Account .. .. • ........ .........
DDo 6 per Cent., 1862 . —
o Account
Do Scrip £3O Paid ....
Do 11 per Cent
...........
dis
Dividends on the above payable in London
Austrian, 5 per Cent.. E. 10 Florins.
Belgian 4/ per Cent., Ex. 25f. .
Do Account ....... . ._. --
Dutch 2/ per •
Cent. E .... .li ni.l
Do 4 per Cont. Certificates ...
Italian, 5 per Cent., 1861, Ex:26 f . L.;
Do Account. ......... . r --8•• --I a
French Routes, 2 per Cent. ..
.....
t-eruvian Dollar Bonds, 41 per Ct.ix. i:
Piedinonte,se, 5 per Cent., Ex, 25f —
TaltEE O'CLOM.
Consols Money ...
Do Aceount...,. ......... 89.......
..........,........................—_

SALE OF VIE LANDS OF ARXGOIVERT.--We
understand that the fine estate of Arngotnery, situated in
the )unties of Stirling and Perth, has been purchased
aria
,a.t ely by Messrs. Strang. Keyden. and Sons, Writers, for a
e'l"lt, at the price of Z-11,0C03--/StirUng Aurnai,