The Sun.
London, England, 1863-12-03 00:00:00

XONEY MARKET

AND
COXMERCIAL INTELLIGENCE.

CITY, TWELVE O'CLOCK.
A FURTHER ADVANCE IN THE RATE OF

DISCOUNT.
The directors of the Bank of England have this
morning again advanced their minimum rate of
interest and discount, from 7 to 8 per cent. A
movement of 2 per cent on consecutive days is an
tnasual event, and it has consequently created con-
siderable excitement and commotion in business
eirel. The measure is evidently directed princi
13'11Y against the drain of coin to the East and
Other plye,,,,
which threatens a serious depletion of
rne 134nk's Vaults, unless a restrictive policy be
4d°Pled.
thishe last week's railway receipts ascertained up to
day are in round figures as under :
Great Western ...
1863. 1862.
, orth-Weatenl
;south-We:it .. 18,159 16,276
lirightou ern
Midland
. .
Snuth.E ***********************...* 43,610 40,034
17,806 17,036
Great North
rest North
Laiicash, ern **
IT ire and Yorkshire 35,210 31,656
ortii.ast
55,972 52,826
Bristol ern
11,._e, and Exeter
Be!yaester, Sheffield, and Lincoln 17,363 15,951
4i"ritenah North-Eastern 4,640 4,235
,pgev? and South-Western
t These returns are in most instances of a satistac-
increase of
°tY character—on the Great Western there is an
£4,295, on the North Western of
‘4,81680, on the South Western of £1,783, on the
`'"diand of £3,576, on the South Eastern of £770,
0/3 the Great Northern cf £2,815, on the Lan-
eaBhire and Yorkshire of £3,554, on the North
4 intern of £3,146, and on the Manchester, Shef-
.l(l, and Lincoln of £1,412; the London and
-urlghton, however, shows a decline of £765.
+ 1',.11° Ripon, which will be despatched to-morrow
''') India and China, will convey £188,348, of
'thich,,, £183,890 is in gold for Alexandria.
The Edinburgh from New York has brought
4100,000.

Two O'CLOCK.
No change has been made in the rates of interest
°II deposit accounts by the joint stock banks and
Private discount houses.
Business in the general market is almost sus-
pended, and the mercantile community are gene-
411Y resorting to the Bank of England for the ac-
ectotnodation they require.
In the English Stock Market this morning some
fluctuation has occurred since the announcement of
the rise in the Bank rate of discount. At first the
Funds declined I, bat when the public began to view
affairs in their right light, and to regard the action
of the Bank authorities as judicious, a better feeling
prevailed, and Consols recovered the loss they had
sustained an hour previously, and the quotations,
which are now the same as last evening, are ex div.
t for money, and 901 for the January account.
'lie New Threes and the Reduced Annuities are
lower, at 89t 90; the 3u Years' Annuities are 14: ;
,Ichequer Bills, ss. dis.; India 5 per Cents, 106*S;
". 4 per Cents., 1001 ; do. 5 per Cent. Enlaced,
103 104; and the Bonds, 5 prem.
As soon as it became known that the rate of
discount had been advanced, considerable depression
Wes experienced in the Stock Exchange Markets,
especially in the Foreign department. Mexican
receded 1 per cent., viz., to 331 341 ; Greek were
I lower at 241, 25*; the Coupons were. worse,
being 11 12 ; Turkish Contsolides dropped I*, or to
441; Spanish Passive went down 4 to 331; and
the Certificates were 1 flatter at 12/ 13. The
present prices are as follows :—Mexican, 331 4;
torkish Consolides, 44 I„ ; Ureek, 258 ; do.
k;
r,e"P°ns) 11 12 ; Spanish Passive, 321 a ; do.
SOti cateal 121 13 and the Confederate Loan,
52.
n 5
Business in the Railway Share Market has been
moderately active
ess, owing I but prices have shown less firm-
to the advance in the rate of discount.
Great Northern A Stock have declined 15s. ; and
oudon and Brighton, 15s. ; Lancashire and York-
11ire, lo s.
; and North-Eastern (Berwick), ss. ;
r geat Western, however, have improved Sc.; and
etropolitan, 10s.
In the Foreign and Colonial Markets there has
been little change of importance.
i/eck and Miscellaneous Shares in several in-
Stanceska show rather less firmness. Imperial Otto-
tc,c have receded to 178; Oriental to 571; Union
6 Litqldon to 391; Discount Corporation to 61 7 ;
teaeral Credit to 6} ; and National Discount Com-
'4lll to 93

Ran BRITISH FUNDS--CLOSING PRICES.
3 kik Stock
a ~I3ev Cent. Reduced Annuities 90 891 90
West ent. Consols Annuities
New 3
99001891190 1 ex d
Isle,.
~ per Cent. Annuities
?.si Per Cent. Annuities
5 Per 4,,f Per Cent. Annuities..
iii, "ut. Annuities, Jan. 1873
1880 —
-1111ities 30 x ire Rh J an~
bitto fol, 30 yrs, @
3_rr e 'Dire sth Aug.
1885. 1 g
Iribtitto (Red Sesa'Txeregraph), Aug. 1908.
ir)itt Stock, 1874
106/ a
Ditto Diet Stock,
5 psi Cent. 1870
100/
4 per Cent. 1888
ti.t‘t.o Enfaced Paper, 4 per Cent
..
173 4
!‘to Dittos per Cent 51 Per Cent
Ditto
.uitt ditto April, 1861
t'itt, ° ditto 'Aug. 1864 or 66 99
~... , bonds Zl,OOO 5 pm
4 die
„I:.'tt.o 'ander £l,OOO ..
90k a 1
/,;',','ole for Account, Jan. 7..
'`z`teiliteStook for Account, 5 per Cent —.....
bitje9ter Bills, £l,OOO, 3 per Cen t
...._
bitto Srnall £.500
5 dis
Bank Stook for Ao t
p0n.,... Colin
Asst riau 17IAGIN FUNDS—CLOSING PRICES.
4448 5 r Cent
I3razilianD6itte ' Per
Per Cent 1859
Ditto 1°
~ f -5039 and 1859
.uttto 41
Per Cent., 1852-58.60
i
Ditto Ditto 1863
1311etto Scrip, 1863, £3O paid
Ditto
ItAcycres 6 per Cent —
olibvit.to 1 peTictielaypeferred 3 per Cent.) 37
11a4 R
."--.
I)itt ',l?er Cent.
83
0010 °.." per Cent,
Danish tabian 6 Scrip £l5 pd
4 per Cent., 1863
quador New Consolidated. 1 per bent —
_
Ditto, Provisonal Land Warrant
'Optian 7 per Cent 99 8
',
~, Ditto, Second Issue
reek 5 per
nt Cent., 1824-5, ex-Coupons —
Deno. 1
I)itto Coupons 26 1 42
~, Ditto Account l2 11/
livatemala 6 per Cent.
Ditto Account
Italian 5 per Cent.(Mareiumana Railway)
Itioxican 3 per Cent
Ditto Account
Moorish Imperial 5 per Cent
New Granada —
Ditto 2 per Cent. —
Ditto Deterred —
D
_ itto Land Warrants (Hectares)
'eruvian 3 per Cent. ..
Ditto Account —
Ditto 41 per Cent., 1862 ..
I,tlitto Account
ortugnese 3 per Cent., 1853 —
Ditto Account
pit ttto 3 per Cent., 1856, '7, '9,
I
'6O, 62 —
o Account
Ditto, 1863
•
4thtto Scrip, £lO paid pm
-I)l4P,iati 5 per Cent., 182, £ St _
—".te 41 per Cent 18520.
B Ditto 1860 ..
blttt° 3 per Cent., 1859
Gard.t4 5 per Cent. 1862 B6l 51
ictltliau 5 per Cent —
Nsa,,i';to Account
13;:,811 3 per Cent
B:,"0 Account —
tot. New Deferred ..
11, Account
..,1-;ktto Passive -
b-,,,,4,t° Account 321 i 2 1
'l'Zsil Cert. of Coup not funded
N,,(l4".°,Aecount l3 12
14,i 4 per Cent .. ,-1
b:"ish G per Cent. 15,54
Vlto Account —
IP!° 6 Per Cent. 1858
bi..tol R,lOO Bonds _
))14° 6 per Cent. 1862
t.to ,
691 70
-1„.
~,..eccunt Bit 6
...,
~,Dtto
,Per Cent. 18130
v ,i„ ~-tiaratteed, 4 per Cent-- ... •--
.oi't'it'la 3 per Cent. -h. to -Account _
~it o 6
_
Ditto
per Cent., 18:32
55-i 6
to Account
An Dividends on the above payable in London.
-3 ellt.rn, 5 per Cent.. Es. 10 Florins.
1.14i4 4112.41 per Cent., En. 25f.
bitt i per Cent. .Ex. 12 Gull
_
Pre h
0 4 per Cent', Certifi ate cs
, ')3..0 Itentes
oun, t
`per Cent., En. 25f —
itsl.l.tto A cc_
1411' 5 per Cent., 1861, En. 25 francs 7O/
Consols,„ Money . THREE O'CLOCK.
Ditto Account ........
904
90?1, 1 en div.