The Sun.
London, England, 1864-11-19 00:00:00

The Money Market.

The following remarks on the money market are from
Messrs J. Travers and Sons' weekly circular :--" Both in
the discount market and the Stock Exchange the conviction
was general on Thursday last that the Bank of England,
at its weekly court, would reduce its rate of discount from
8 per cent. to 7 per cent. When the court broke up with-
out any alteration having been adopted, it was inferred that
the official return to be published in the evening would ex-
plain the cause of the delay, by presenting figures less satis-
factory than had been anticipated. To the surprise of
everyone it was found that they were unusually favours
able, and that a further very large incr,ase had taken
place, not only in the reserve of unemployed notes but in
the stock of bullion. As there had been, at the same time,
a number of considerable arrivals of gold from America,
amply sufficient to meet any probable demand for the Con-
tinent, and the Bank of France, during the past week, has
experienced a further recovery ci more than £300,000 in
its stock of bullion, the delay appears especially unaccount-
able. The only means the public can at any time have of
estimating the probable course of the Bank, is by looking at
its action on previous similar occosions. We therefore sub-
join a statement of the position of the accounts at the pre-
sent moment, compared with their position at the nearest
corresponding date during the five preceding years. From
this it will be seen that last year, when the reserve
and bullion were both very much lower, the charge for
disoount was only 6 per cent., that in 1861, when the bullion
was only £610,140 more than at present, and the reserve was
actually V 1,63) less, the rate was down at 3 per cent., and
fleshy that, in 186), when bullion and reserve were far below
their present amount, the rate was down at 5 per cant. : --
Date. Bullion. Reserve. Rate of Discount.
Nov. 16th, 1864 .. £13,852,355 £7,571,855 8 per czut.

18th, 1863 .. 13,4:9.602 6,278,47(1 6 „
19th, 1862 .. 15,164571 8,595,710 3 „
13th, 1861 .. 14,362,495 7,477,225 3 ~
4th, 1860 .. 13,314,811 (1,335,385 5 „
16th, 18 )9 .. 16,860,710 9, 443,q0 2j „

Fatal Accident.

A melancholy accidentTattendtd with suspiciors
circumstances, took place on Monday night, at nine
o'clock, a little to the east of Cupar, en the Edine
burgh, Perth, and Dundee branch of the North
British ltiilway. A young woman named Janet
Lamb, belonging to Cupar, who, we understand,
had been in service in Edinburgh, was coming home
by the last train on Monday night, and had with
tier a female companion named M'Laren, who wee
to stay with her a few days. The only other person
in the carriage with them was a young man, who,
it is said, was the worse of drink. Oa arriving at
Cupar station, Lamb and the girl M'Laren seem
to have sat still, and instead of coming out, as they
intended, they went cn as if going to the next stile
tion. They had not gone far, however, when, from
some cause or other not yet satisfactorily cleared up,
they opened the door of the carriage and madly
rushed'out while the train was running at full speee.
The girl M'Laren jumped out first almost opposite
the farm of Thomaston, and was sent spinning down
the embankment of the railway, but happily she
escaped unhurt. Lamb followed immediately
after her, lighting with her face upon the iron
mile post, which knccked out some of her
teeth, broke her jaw, and otherwise so severely in..
jared her that death was instantaneous. 1111eren
on seeing the sad fate of her friend screamed for
assistance. Her cries were heard, and Dr. Mackie
was called, He pronounced life to be quite extinct,
and the body was removed to the police cffice,
whence it was taken last night to an aunt's hcuse
in the Kirkgate, the only relation Lamb had in the
town, and is to be buried today. One ex.
planation of the accident is that as the last
train does not atop at Springfield, Lamb had mis.
taken Cupar station for it, and that after passing
the latter she recognised that it was Cupar by
the lights, and resolved—she and her companion
together—to jump out. The girl M‘Laren adds that
the
had gone out, and that the man
who
w carriagea s
-traveller, and who is stated to
their -lamp
fel
fellow-traveller,
o w
have been the worse for drink, was molesting them in
some way—leaving the inference to be drawn that
they both rushed out of the carriage to prevent him
taking liberties with them. After receiving her ace(
count of how the affair happened, Chief Constable
Brammer immediately despatched two officers in
search of the man. They it. quired at Leucbars,
which is the next station where the train stopped ;
but neither had information been lodged there of
the girls having jumped out of the carriage nor had
anyone been seen answering the description which
the girl MlLeren gave of her and her friend's
assailant. The officers, however, nnrsned their in-
vestigations during the whole night, end about six
o'clock next morning discovered their man wander.
ing on the streets of St. Andrews. They charged
him with the assault and brought him in to Cupar,
where after being examined before the Sheriff, ho
was committed to prison for further inquiry.
From statements since made by the girl ,'Laren on
Tuesday night,
there can be only one opinion, that
f the man
n
with the good intention of preventing them from
hold of the girls at all, it was only
i laid
rushing into almost certain death.—Scotsman.

LONDON, Nov. D.—Wind this day at noon—South-
Easterly; moderato breeze and fine weather, but ratl-Lr
cloudy*