The Sun.
London, England, 1865-06-15 00:00:00

itp.h TWELVE O'CLOCK.
lICTION IN THE RATE OF DISCOUNT.
tcuie rate of discount at the Bank of England has
morning been reduced to 3 per cent. The idea
,Very generally prevailed that the directors
tCllid, as soon as circumstances permitted, lower
eir official minimum, and thus make their rate
More in unison with that out of doors. The event
28, therefore, created no surprise. A feeling of
Ztisfaction is evinced at the step taken, and it is
easbe hoped that nothing may arise to arrest the
Y progress of affairs.
At the Bank yesterday, there was an influx of
of -
4,000 in bar gold, and a withdrawal of 30,000
sovereigns for Alexandria.
, Hansa has arrived from New York with
,0,000.
lae suspension has taken: place of Messrs.
tederiek Levick and Co., and Messrs. Levick
441:1 Simpson, of London, and Cwm Celyn,
ud Blaina Iron Works, Monmouthshire, iron
waters and merchants. Their liabilities arc
Itsd
hi,3erstood to represent £500,000, and of
this amount about £300,000 will, it is said,
41* upon the estate ; but owing to the large
e:hetB in hand a favourable liquidation is
tohleted• The firm have carried on an ex-
til;sive business as contractors and manufac-
ers, and enjoyed good credit, but it is be-
pel'ed that they have recently experienced some
heavy losses. The following circular has been
lied to the creditors :
lossier's"We regret to say that, in consequence of several
Which have experienced, we are compelled to
1341,ete we
kess„. u Payment. Our books are placed in the hands of
rtie4t s• Quilter, Ball, and Co., who will prepare a state-
(4 Our affairs, to be submitted to our creditors at the
eBt Possible moment.—We are, sir, yours, &T.,
Pimp. LrvicK and Co., of London ; and
LEvrcx and SIMPSON, Blaina, Monmouthshire.
Charlotte-row, Mansion House, London, 8.C.,
The
June 14.
tast London Railway (through the Thames
tail 41), connecting below London-bridge all the
tail el),
entering London north and south of the
kiadilles, has been announced, with a capital of
t01,1°0,000, in 14,000 provisional scrip certificates
ba;'arer of £lOO each. This line will complete the
the r,c'Politan system of railways recommended by
lkst'e'ird committee of both Houses of Parliament
the s,esgion, and will commence with junctions with
I\z, -"siighton, South London, South Eastern, and
itl:t.hlient Railways, near New-cross, accommodat-
Cel its course the Surrey and Commercial Docks,
tt,,,,,'°lldon Docks, and the east of London, and will
itCji illate in the City, at a great terminal station
Pi;iverpool-street. There will be a branch to the
at Eastern, through which connections will be
atici'evrd With the North London, and the London
\ t)rtla t Railways • and the line will
et v - es em,
triet 'll'ough and accommodate the important dis-
T)i °,,,f New Cross, Deptford, Rotherhithe, Wap-
11,Vt• George-in-the-East, Limehouse, Stepney,
sho4echapel, Bethnal Green, Bishopsgate, and
and afford an outlet by the principal
14teciaYs of the Kingdom to the most-densely popu-
h Parts of the metropolis.
to this last week's railway receipts ascertained up
4 day are in round figures as under :
qr
Nst W 1865. 1864
$ll-,hV:3--ern £76,424 £71,413
)atliv,.*gtern 122,929 108,110
eatern ... 28,5 i 3 30,870
4,441,:e0y

. 24,549 19,409
qt 1421 (c •• • ' ' •• • *:
: 50,787 43,598
Treat _Eastrn • • "*.
... 29,762 23,307
8"• 32,023 32,293
I,lsll4Tilire and Yorkshire ... 56 540 38,526
k°llll Via Exeter ... 7,532 7,145
441,1aeTitexii 63,771 61,042
rat Ester,aste
... . 23,92537,3
Sheffield, and Lincolnshire 18,021
"44 33,902
Ilaese
totteti returns, when compared with those of the
44ti,q13°11ding period of last year, are generally of a
tliqi,"_ctorY character. On the Great Western
‘)f ii4(3 an increase of £5,011, on the North Western.
lkatri799, on the Brighton of £5,140, on the Mt.d-
-; on the South-Eastern of £6,45a ;
Iltim,!,"aloashire and Yorkshire of £18,014, on the
tf and Exeter of £407, on the North Eastern
i%La c,'';729, on the Manchester, Sheffield, and Lin -
hii;5,904, and on the Great Eastern of £4,612 ;
theaid
Great or" South
N-Western shows a decrease of £2,297,
the of £270.

bAt Two O'CLOCK., Paris Bourse this morning, according to
32e. - f 3 telegram, the 3 per Cent. itentes were 67f.
The
Several discount houses have made a propor-
clepo
.e alteration in their allowance of interest on
accounts, for money at call 2 per cent. will
lltr-ri, for seven days' notice of. withdrawal 21
111 cent.,e't) and for fourteen days' notice 2fr per cent.
„-4,°13e1a market the discount demand has been
b,l_"vc, and 3 per cent. has been required for
A short-dated bills.
t/qerY favourable effect has been produced in
rate 01;Oisil Stock Market by the reduction of the
Pet „(iiBe°llnf•nd The Funds have improved fully
—lit) a a very satisfactory feeling prevails.