The Sun.
London, England, 1865-10-07 00:00:00

The movements of the precious metals during the
past week have not been of a very extensive cha-
racter. The imports have amounted to about
/556,872, chiefly from Australia and New York ;
while the exports have been to the extent of
£149,081.
A new joint-stock undertaking, which is likely
to rank amongst the highest of those introduced
within the last few years, has been introduced this
evening. It is to be called the Merchants' Company,
and is formed for the purpose of carrying on the
business of merchants, with limited liability---a
system which has undoubtedly proved of the great-
est benefit wherever it has been adopted in banking
and financial undertakings. In the present case
the directors, in order to secure a basis on
which to commence immediate operations, have
succeeded in purchasing the old-established
and lucrative business of Messrs. Lane,:llankey,
and Co., and they propose to take in other busi-
nesses of a similar character as favourable oppor-
tunities occur. The sum agreed to be paid to
Messrs. Lane, Hankey, and Co. for the purchase of
their property is £25,000 in debentures, payable
one-fifth annually, with 5 per cent. interest, and
2,500 shares, with £l5 each credited as paid thereon,
the vendors at the same time guaranteeing a mini-
mum dividend of 10 per cent, per annum for a period
of three years ; and this the firm may well afford
to do, as it has been found from an examination of
the books by Messrs. Coleman, Turquand, and Co.,
that for the last six years the annual net profits
have averaged £17,816. The capital proposed to
be raised is £500,000, but the first issue will be for
only half that amount, in 10,000 shares of £25 each,
£1 to be paid on application and £4 on allotment.
The share list will remain open only until the 12th
inst.

CL O'OCK.
At the Paris Bourse this morninTwo g, according to
Reuter's telegram, the 3 per Cent. Rentes were
67f. 77c.
ANOTHER ADVANCE IN THE BANK RATE OF
DISCOUNT.
Much astonishment has been produced by an ad-
vance in the Bank rate of discount thiamorning. The
pressure upon the establishment was so great thatthe
authorities were compelled to make the alteration.
The movement has produced considerable excite-
ment, as it must be remembered that this is the
third time that the rate has been raised this week ;
it is consequently argued that there must be some
very powerful motive. Securities of all description
show great heaviness, although the variations have
not been considerable. Consols closed at 881, fr for
money and the 10th instant, and 88.1 for No-
vember.

Increased depression has prevailed in the Foreign
Stock Market. Mexican stock has receded 4 ; do.
New, i; Spanish Passive, ; the Certificate, it; and
the Italian Loan, I.
The operations in the Railway Share Market have
been on a very moderate scale, and prices have
shown increased depression consequent
upon the
advance in the value of money. Great Northern
and Metropolitan and Great Northern have each
declined 1 ; North Western, I ; and Lancashire and
Yorkshire, Midland, and South-Eastern, each.
The Foreign and Colonial lines are also at
slightly reduced rates.
Bank and Miscellaneous Shares continue dull,
and in some instances are a shade flatter.
The Discount Companies and private firms have
raised their allowance for deposits to 5 per cent. for
money at call, 51- for 7 days' notice of withdrawal,
and 6 per cent. at 14 days' notice.

----
BRITISH FUNDS—CLOSING PRICES.
GOVERNMENT FUNDS.
8 per Cent. Consols BBl i I 11
Do. Account, Oct. 10 BBl
.
.
a per Cent. Reduced B6i
New 3). per Cent. Jan. 1
New 3 per Ceat ......189 86i,4
4 —
Do. o per Cent. Jan. 1873 —
Annuities, 30 yrs, expire sth Jan., 1880
• Do. for 30 yrs, expire sth April, 1885
Do (Red Sea Telegraph), Aug., 1908
Do. £5OO .
Exchequer Bills, X 1,000,3 per Cent
............ 9 4 dis
Do £lOO and £2OO
Bank of England Stock, 51 per Cent --
INDIANDo Account '
GOVERNMENT SECURITIES.
Indian Stock, 101 per Cent., April 1874 —
Do Account
Do. Ac.................
Do. 5 pe
ountr Cent. July, 1870 ...........D lO4/ i
. 4 per Cent., Oct. 1888 ..............
. Certificates
Do.
Do. Enlaced Paper 4 per Cent —
5 per Cent., Jan. 1872
Do. 54 per Cent., May 1879
Do. 4 per Cent., Aug. 1866 _
19
Do. Bonds, £l,OOO
Do. under £l,OOO
FOREIGN FUNDS—CLOSING PRICES.
Austrian Bonds, 5 per Cent, 1859 ........
Brazilian 5 per Cent..,,, . —'...........
Do. 41 per Cent., 1852 .-58-60.
71 70 2
Do. 1863
Buenos
At Ayres 6 per Cent
Do 1 per Cent. (Deferred 3 per Cent.)
Chilian 6 per Cent
Do. 41 per Cent
Colombian 6 per Cent.
Cuba, 6 per Cent.
Danish 3 per Cent., 1825
Do. 4 per Cent, 1863 —
Do. 5 per Cent., 1773-77, £25 paid Danubian Principalities ............... .
Do Acc0unt..........
Equador New Consolidated, 1 per Cent —
Do., Provisional Land Warrant —
Egyptian 7 per Cent...............
Do., Second Issue
Do.
Do £lOO Bonds
1864
Greek 1 I
Do £lOO Bonds
5 per Cents., 1824-5, ex Coupons
Do Account
Do. Coupons
Do Account 7l
Guatemala 5 per Cent.
Do £B6 paid
Do. 1839 and 1850
Italian 5 per Cent (Maremmana Railway)
Do
1865
Do Scrip, £674 paid
Do 5 per Cent., 1864 ..
.
Do. Scrip. £55 paid
Mexican 3 per Cent .
Do. Account
1864 .......... ..
Do
Do 6 per Cent..Antlxo F
Do French Scrip, •-25rfen2(011c
Montevidean 6 per Cent., £3O paid
Moorish Imperial 5 per Cent
Do
New Granada
Do Deferred
t
_
_
Do Land Warrants (Hectares)
Peruvian 41 per Cent
Do. Account
Do Scrip, £45 paid, paid in Bonds —
Do 3 per Cont. (Uribarren)
P ort
Do 44 per Cent., 1862
uguese 3 per Cent., 1853
Do Account
Do 3 per Cent., 1856, '7, '9, '6O, '62, '3,
DsDo. Account
1 usian 5 per Cent., 1822, XSt B9 1
o 41 per Cent. 1850
DDo 3 pet Cent. 1859
a 41 per Cent., 1860
Do 5 per Cent. 1862
Do O. per Cent. 1864
Sardinian 5 per Cent
DO Account
's,Pauish 3 per Cent
o Account
D-Do New Deferred
Do 'Passive
o Account
.I.'alliell, Cert. of Lou;p not funded .. -
~w„,R 'DC' A-CCOU t -
141 1
ij,,,_, . o
to'"lueel per Cent.
o:8; , ount ..........
rrurkiall(Per Dent 1864 .....................
Do 6 per Cent. 1851
Do r'' Cent. 1838 ...........
De 44,())11;1t .................................... 71
P° 6 Pereeett .....................
:oft'indt.slB6:2 .................................... 1-
DDo £lOO iloti•ci; ............................... 74 4
o 6 per Cent, i.... .. ......................... 74
,1
DDo 5 per Cent. 18665'1 ....................
o £llO Bands . , .....................
DDo Scrip, £35 paid ...... .......................
o Guaranteed, 4 Pe; ....................... Venezuela 3 per Cent. tit.
............... `"'
Do' 6 per Cent, 1864 ................................
o. Account .............. . ...............
Dividends on the ab0"v"..............
Ex, 10 Fe
Austrian, 5 per Cent., E IP:liable in London.
P,(3lllg.ian,, 41 per cent. Ex. 25f. ........ •.. ..-
4.) Dinh
24 per Cent., Ex. 12 Gull .................... '---.61.
Con
OS°. laSceco.
lui...i .............................. T.. .............
.‘, ........................... 88t i ..-.'