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

DIONE Y MARKET

AND
COMMERCIAL INTELLIGENCE.

CITY, TWELVE O'CLOCK.
ADVANCE IN THE RATE OF DISCOUNT.
An 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 that.i otherwise. It has relieved much of the
anlietY which previously existed, and discounters
are nova 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
4chd.ay next, the 7th of December, a special
settling day in the shares of the Torquay Hotel
C.erclP"Y, the Imperial Hotel Company, the Atlan-
tic Telegraph Company (guaranteed 8 per cent. £5
shares),l and the Mercantile Credit Association, the
`tat named to be officially quoted.

Two o'CLocK.
At the Paris Bourse this morning, according to
tutees telegram, the 3 per Cent. Rents were 66f.
9`)e• Plat.
The, English Stock Market opened very heavily,
out the decline has only represented 1-16th per
cent. Affairs altogether appear more sealed since
the change in the Bank rates. Speculation is not
1'67 active, but there is a disposition to proceed for
a fall rather than advance in prices. Consols are
t" less the dividend, for money and the
New to morrow, and 918 for January. The
'New Threes and the Reduced Annuities are
marked 901 4 ; Bank Stock, 236 to 24; India
6 Per Cents. 1061 1, and Exchequer Bills are 10s.
to
The ne v rates of interest on deposit accounts have
been arranged by some of the discount houses as
follows 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-
rably active.
Early in the day Greek Bonds decline 4 per cent.,
'714-, 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
lowest price reached to 271, but the latest values
show a renewed relapse to 26/ ; the Coupons
have declined to 131 ; Mexican, 351 ; Spanish
Passive, 331 i ; Ditto Certificates, 131 ; Turkish
6 per Cents., 1862, are 631 70/ ; Ditto Coneolides,
451 8, 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—CLOSING PRICES.
Bank Stock
3 per Cent. Reduced Annuities
3 Per Cent. Consols Annuities 9Ol 4 i
New 3 per Cent. Annuities
ew 3t.- per Cent. Annuities
'Yew 2} per Cent. Annuities —
4nntuties, 30 yrs, expire 6th Jan., 1880 —
Ditto for 30 yrs, expire sth April, 1885 ---.
Ditto (Red Sea Telegraph), Aug. 1908 —
India Stock, 1874
Ditto 5 pet Cent. 1870 ... 1061 a
Ditto 4 per Cent. 1888 —
Ditto Enlaced Paper, 4 per Cent
Ditto 5 per Cent ''
173/
Dittosi per Cent
Ditto ditto April, 1864
:Ditto ditto Aug. 1864 or 66
Ditto Bonds .El,OOO 3 pm
~.. Ditto under £l,OOO
~k;.sols for Account, Dec, 3 9Ol
A'. ,it Stock tor A-.3count, 5 per Cent — Exchequer Bills, £l,OOO, 3 per Cen t.
Ditto lO
X5OO
Ditto Small
Austnail 1,
.REICkiN FUNDS—CLOSING PRICES.
-1'4'48 5 per Cent .. Ditto' -
Brazilian]. Lp,er vent 1859
...,D.itto, and 1859
Ditto 4/ per (3
Ditt,o-eat.) 1852-58-60 -
Ditto S ' 1863 ..
Buenos erg), 1863, £3O paid
Ayre 6 per Cent . --
-D!tto Ace aunt... e Ditto 1 pf3r Cent. (Deferred 3 per Cent.)
Ditto
6 pey • Cent.
e -uitto 3 Per Cent.
iiiiiall 6 t er Cent.
ol'Aft° 4 per Cent,
I) ouibiaii 6 Scrip £l5 pd —
Za4„„iall 4 er Cent., 1863
Vador New' Consolidated. 1 per Cent —
z koitto,l?rovisonal Land Warrant ____
g}-Ptuk 7 per Cent 991 81
ort)_eitte, Second Issu©
_
Z. k 5 per Cent., 1824-6, ex-Coupons • ._. 64 67}11i 6} i k
'lto Account
Di
, tto Coupons
'llbttt..ecuala 5 per Cent. -
Itaii4J-0 Account
Die,,.;44 6 per Cent. (M aremmana Railway)
ii"Arl. 3 per Cent ....
ko nto Account 35; 61 5 a
ki:riah Imperial 5 per Cent
13‘i..rata acla —
Ditto
"0 2 per Cent.
Dei erred
Pe '49 Lana Warrants (Hectares)
ji: --4 Cent. ..
At° Account per
_
bitt
D. ° 4/E per Cent., 1862
Portihttl' Account 66
Dit-t,V,,''4e 3 per Cent., 1853
44a
Ditto • tccount
pb. 3 Per Cent., 1866, '7, '9, '6O, 62 —l 1 _ itto Account4B 2 b
itJ, 1863
ittls.o, Scrip, £l.O paid —
i a PM
a',.44 6 per Cent 1822, £St 9l
° -“ Per Cent 1850 . 88/
Ditio
•Dittr, a , 1860 _
Ditto 5 Per Cent., 1859 ..
I,ardirija.,'? Cent, 1862 B7 -1
Ditto A' Per Cent —
6 • h
Perteeo -
l'al2lB 3 v .
__eat -Ditto Account•-
Ditto IsTeiv Defe.r.re.d. .
Ditto A.
it 1., ce°4lat — :-,.. co - atinve
331 i a
Pipish Cert. of Cou not funded
i 4 Itto Account P
wedish, 4 per Cent —
.1/41'h 6 Per Cent. 1854
ult Account B9k
Ditto 6 per Cent. 1858
Ditto Account 69k
Ditto, 4100 Bonds 76
bitto 6 pcount er C
70 / 691 70 69}
Ditto 1862
Ditto Ac
Ditto 6 per Cent. 1863
.v. Ditto Guaranteed, 4 per Cent
v ettezuela 3 per Cent.
Ditto Account - "'24i
Ditto 6 per Cent., 1862
Ditto Account .. 551
Dividends on the above payable in London.
Austrian, 5 per Cent., Ex. 10 Florins.
Zelgian 41 per Cent., Ex. 25f..
Dutch 21 per Cent., En. 12 Gull 631
Ditto 4 per Cent. Cer'Liftates
rench Rentos, 41 per Cent., Ex. 25f —
I )itto Account....
Italian, 5 per Cent., 1861, En. 25 francs.. 70; a

THREE O'CLOCK.
Consols, Money
bitto Amour/A

Liverpool Cotton Market—This Day.
•
l‘tarket dull an quiet. Sales probably 3,000

4z LUCKY SHOEMAKER.—A French journal
fives
the following particulars respecting the origin
fke fortune of M. Bravay, the deputy whose return in the
teirttnent of the Gard has just been annulled. M. Bravay
44 born at Saint-Esprit in the Gard, where his father was
- trait,
I,ellsmart in narrow eircumstanoes. After serving his
e_nticeship to a shoemaker. the son went abroad, and
tatt,iued last year with a fortune which the least exagge
14' l's Porte estimate at 1;5,000,000 franca. It appears that,
pßtie"ing France, he went to Egypt, and obtained occu-
qt: in a shoe-shop at Cairo. One day a stranger, evi-
slih-"Y 4 person of rank, who had torn his embroiders d
it-epter while walking, entered the shop and wished to have
Paired while he. waited. The master of the este-
-4,:
a ,gituerit tailed Bravay, who repaired the slipper very
"S', to the great satisfaction of its owner. On going
lie.,? the stranger told Bravay that he would send for him
ez,c ctlY about other repairs which he wished to have
sravmessenger accordingly came and conducted
tetieZrt° the palace, 'where he was ushered into the pre-
of th the Viceroy, in whom he recognised. the stranger.
*hiehe he day. The Viceroy showed him the slippers
t 10--L's Wished to have repaired, entered into converse.-
shouftiab°l" his business, and at last proposed thst Bravay
tie
~ supply shoes for a part of the army. From that
"etzt• Bravay became an extensive contractor for Go -
ttieziee—llt supplies, and soon acquired great wealth and in-
hie for • At the death of the Pasha, M. Bravay realised
.
tib,;tlitle, and returned to France. His first action on
vrell se' to his native place was to indemnify all persons
'41144 !suffered by his father's failure many years before.