The Sun.
London, England, 1863-12-02 00:00:00

lIONEY MARKET

AND
COMMERCIAL INTELLIGENCE.

CITY, TWELVE O'CLOCK.
ADVANCE IN THE RATE OF DISCOUNT.
Au advance of 1 per cent. has just been an-
nounced in the minimum rate of discount, which
now stands at 7 per cent. The directors, it was
fully
imagined, would make a change, and the
effect of its adoption seems to have been favourable
rather than otherwise. It has relieved much of the
anlietY which previously existed, and discounters
are now enabled to proceed with their transactions
With greater confidence than they could while so
much doubt existed.
There was a slight downward movement in some
of the, foreign exchanges yesterday afternoon.
~The Stock Exchange Committee have•appointed
Monday next, the 7th of December, a special
settling day in the shares of the Torquay Hotel
Company, the Imperial Hotel Co mpany, the Atlan-
elograph Cumpany (guaranteed 8 per cent. £5
shares), and the Mercantile Credit Association, the
last
named to be officially quoted.

Two O'CLOCK.
At the Pails Bourse this morning, according to
Iteuter's telegram, the 3 per Cent. Rents were 66f.
95°' Plat.
The English Stock Market opened very heavily,
hut the decline has only represented 1-16th per
the change in the Bank rates. Speculation is not
437 activs,but there is a disposition to proceed for
a fall rather than advance in prices. Consols are
1;17' 90i 1, less the dividend, for money and the
account tomorrow, and 91k for January. The
New Threes and the Reduced Annuities are
Irked 904 ; Bank Stock, 236 to 267; India
Per Cents. 1061 1, and Exchequer Bills are 10s.
to 59. dis.
The new rates of interest on deposit accounts have
been arranged by some of the discount houses as
'll°lvs—viz., 5 per cent. for money at call ; 51 per
cent. with seven days' notice of withdrawal; and
higher rates for longer periods.
In the Discount Market, since the alteration
was announced in the rate, business has been tole-
ruhlY active.
Early in the day Greek Bonds decline 4 per cent.,
V 14.1 to 25, on a statement that the Government did
not contemplate any arrangement with the bond-
holders. The market has since rallied from 25 the
lowost price reached to 271 but the latest values
show a renewed relapse to 264 ; the Coupons
have declined to 131 ; Mexican, 3514 ; Spanish
Passive, 331 2 ; Ditto Certificates, 13 ; Turkish
6 per Cents., 1862, are 631 70/ ; Ditto Coneolides,
45 it, and the Confederate Loan 54 56.
In the Railway Share Market the operations have
been very restricted, and quotations in most in-
stances show a downward movement.
Bank and Miscellaneous Shares barely sustain
former rates.

BRITISH FUNDS—ONE O'CLOCK.
tank Stock
237 6
3 per Cent. Reduced Annuities
'" 901 5
3,Per Cent. Consols Annuities
ATe"' 3 per Cent. Annuities
--N. 3/ per Cent. Annuities ....
-A
_eV7 24 per Cent. Annuities
'"rituuties, 30 yrs, expire 6th Jan., 1880 —
Ditto for 30 yrs, expire sth April, 1885 ---.
Indi Ditto
Stock, 1874
Ditto 5 pei Cent. 1870
Ditto 4 per Cent. 1888 —
Ditto Enfaced Paper, 4 per Cent ..
Ditto 5 per Cent
Ditto 55 per Cent
Ditto ditto April, 1864
Ditto
Dißontto
Xl. ditto Aug. 1864 or 66
ds
Ditto under £1 000
,000
lutia
Con for Account, Dec. 3
901
Stock Bills,cc, 5 per
x.ehequer £l,ooo, 3 per Cen t —
Ditto
£5OO
Ditto Small
Atm FOREIGN FUNDS—ONE .0 'CS—LdOisCII.
tria ten, 8, 5 per Cent
andt
Brazil. "° 1859
. Per and elB
Ditto, 1839 a 1859
_
Ditto 4f per Cent., 1852-58-60
. Ditto
1863
, Ditto Scrip, 1863, £3O paid
DittoJ'llenee Ayres 6 per Cent .
Account —
••••
n Ditto 1 per Cent. (Deferred 3 per Cent.)
ilba) 6 er Cont.
e p
Vitt 3 er Cent.
111,liao. 6 per Cent.
_
C 40 4 per Cent,
b°li orabian 6 Scrip £l5 pd _
eliBb. 4 per Cent., 1863
D4clor New Consolidated. 1 per Cent —
E___
v 'lto, Provisonal Land Warrant
_ Ptiall 7 per Cent
Q, it,to, Second Issue
/le ;e,! 6 per Cent., 1824-5, ex-Coupons
—•,-,",0 Account 2-6155656 71 1 1
-uitto Coupons tiDitto Account l2 115 135
tltenaala 6 per Cent.
Dittoltttii,, Aceotint —
bie`.4 8 per Cent.(Maremmana Ritilway) --
Ditto 3 per Cent
14 1140 Account 355 65
oori
NI 45
4 all Iniperial 5 per Cent z,Gratuuta —
Ditto't° 2 tier Cent.
85
p rhtto Land Warrants (Hectares) —
el;T4._4'4 3 per Cent.
bli:',l. Account
Df 44 Per Cent., 1862
por-tl-to Account •86
is 4kuede 3 per Cent., 1853
DDitto— I.
4.3
Pee°rtuiCetnt.,lBb6, '7, '9, '6O, 62
tto Acco
bite 1 1. tto, 1863
unt S
....
tasBii, ,cr,lo, £lO paid
bit, 'a u per Cent., 1822, £ St
".,.°4i per Cent 1850..
itt
1-)ito a Per 1860
1860
Ditto 6e r v,ent., 1859 .. erezdini Per Cent. 1862 B7
~,, Dittol 6 Per cent —
oPanit,4 3q3colint —
-Ditto AL" Cent
Ditto Ne
'''' w I)°llrit
..
Ditto Ace° e f erred
Ditto Passiret
Sp
ttn Account ........
334
DnititoshACert. of Coup not funded .. —
Swedia, ccount 135 4
1„.._, 4, 4 per Cent —
4.41811. 6 per Cent. 1854 —
Dittoto Ace°
~ 6 perunCetnt. 1858 -kiitto Account —
Ditto, £lO9 Bonds 76
Ditto 6 per Cent. 1862
Ditto Account
Ditto 6 per Cent. 1863 — ....Ditto Guaranteed, 4 per Cent
Venezuela 3 per Cvnt.
Ditto 6 per Cent., 1862 . .......
.....
....
Ditto Account
Dividends on the above payable in London.
Austrian, 5 per Cent.. Ex. 10 Florins.
Belgian 45 per Cent., Ex. 25f.
Dutch 24 per Cent., Ex. 12 Guil 635
Ditto 4 per Cent. Certificates
French Relates, 44 per Cent., Ex. 25f —
Ditto Account
Italian, 5 per Cent., 1861, Ex. 25 francs.. 70.5 1

TWO O'CLOCK,
Consols, Money .. 90} ex div
hitto Account
Ditto January

Liverpool Cotton Market—This Day.

, karket dull an quiet: Sales probably 3,000
uftiet
J.

11'/It LUCKY SHOEMAKER.—A French journal
sties the following particulars respecting the origin
h
e fortune of M. Bravay, the deputy whose return in the
1)4111:neat of the Gard has just been annulled. M. Bravay
Was
born at Saint-Esprit in the Gard, where his father was
rtradesman in narrow circumstances. After serving his
Prenticeship to a shoemaker, the son went abroad, and
et„,
,t'rli.eLl last year with a fortune which the least exagge-
oe reports estimate at 1.5,000,000 francs. It appears that,
ba„ 'tying France, he went to Egypt, and obtained occu-
;Ill in a shoo-shop at Cairo. One day a stranger, evi-
!tltl y
6 person of rank, who had torn his embroidered
ituPper 'while walking, entered the shop and wished to have
448,aired while he waited. The master of the este-
?. 't
eat called Bravay, who repaired the slipper very
5 to the great satisfaction of its owner. On going
1.1,x7 the stranger told Bravay that he would send for biro
ege day about other repairs which he wished to have
Ira sited. A messenger accordingly came and conducted
pett-4Y to the palace, where he was ushered into the pre-
ef " the Viceroy, in whom he recognised the stranger
ellie! Previous day. The Viceroy showed him the slippers
tier 'he Wished to have repaired, entered into conversa-
ah ~Lti°ll.t his business, and at last proposed that Bravay
tieL;;IIPPIY shoes for- a part of the army. From that
vet e,„_. • Bravay became an extensive contractor for Go •
fie 7:teellt Supplies, and soon acquired great wealth and in-
hiset e' At the death of the Pasha, M. Bravay realised
retur),l..t4oe, and returned to France. His first action on
trizo Li, 41K to his nat:ve place was to indemnity all persons
•Qad Buffered by his father's failure many years before.

13.14.

%CO

14.16.4

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