The Sun.
London, England, 1865-10-02 00:00:00

&ONEY MAR.KET

AND

COMMERCIAL INTELLIGENCL

TWLLVE O'CLOCK.
FURTHER ADVANCE IN THE BANK
RATE OF DISCOUNT.

The bank of England Directors have just ad-
vanced the value of their official minimum to 5 per
cent. The increased demand experienced within
the last few days for discount accommodation, and
the expectancy of its continuance, especially till
after the 4th of the month, have induced the au-
thorities to further enhance the value of money.
Gold and silver are in demand for transmission
to India for payment of cotton, and the increased
employment in the manufacturing districts has
lately and is now occasioning a larger absorption of
capital. The rate in the open market is very firm,
and first-class bills cannot be negotiated under 51
per cent.

- The report of the directors of tho Great
Western Railway of Canada states that the balance
to the credit of the capital account is £26,989
18s. 4d., from which the directors recommend
the payment of a dividend at the rate of 2
per cent. per annum, which will absorb £33,604,
and leave a balance of £3,205 to be carried to
the credit of the current half-year. The loss
on the conversion of American funds during
the half-year • amounted to the sum of
£54,937. The purchases of gold have been effected
at an average rate of 153 i. An additional loss
of £4,670 14s. 6d. has been incurred by the con-
version of the sum of $77,504 American Funds
since the 31st July, and a further amount of
$164,654, also in American Funds, was at that date
due to the company on traffic account. The rela-
tions of the directors with the American connecting
railways continue satisfactory.

Two O'CLOCK.

At the Paris Bourse this morning, according to
Reuter's telegram, the 3 per Cent. Rentes were
68f. 52c.

The English Stock Market has been very inac-
tive and depressed through the increased value of
money. Consols have receded to 88j. 89 for money,
and to 89 for the account.

The Foreign Stock Market shows that prices are
generally at fractionally lower values. Turkish
Consolides are 491 ; Mexican, 261 j. ; the New
Loan, 251 j ; Greek, 201 I ; Spanish Passive, 291
; the Certificates, 141 s ; Italian, 64 1; the Con-
federate Loan, 68 ; and Brazilian Scrip, 31 prem.

In the Railway Share Market the dealings have
been on a limited scale, and prices have shown a
further depression. Great Northern A Stock has
declined 4 ; Great Eastern, Lancashire and York-
shire, and Midland each ; and North Western,
Metropolitan, North Eastern (Berwick), and South
Eastern, each is.
The Foreign and Colonial lines have remained
inactive, without any material change in values.
Bank and Miscellaneous Shares are quiet. Lon-
don and County are marked 77 4 ; Affiance Bank,
3144 ; Union of London, 53 4 ; Hudson Bay Co.,
16i ; and 0 verond, Gurney, and Co., 16} 4.
Transatlantic Steam Ship Company Shares are
quoted par 1 prem.. ; London and Australian
Agency, 1 prem. ; Allan's Telegraph Company,
1 11 prem. ; and Gale's Gunpowder Company,
1 13 prem.

The various discount houses have made a propor-
tionate alteration in the allowance of interest on
deposits, viz., to 4 per:cent. for money at call, to 41
per cent. for 7 days' notice, and 4i per cent. for 14
days' notice of withdrawal.

BRITISH FUNDS—CLOSING PRICES.
GOVERNMENT FUNDS.
8 per Cent. Consols
Do. Account, Oct. 10
n per Cent. Reduced B7/ 1 61
New 3 per Cent. B7± 616
New 3} per Cent. Jan. 1894 7l/
Do. 5 per Cent. Jan. 1873 —
Annuities, 30 yrs, expire sth Jan., 1880
Do. for 30 yrs, expire sth AprillBBs —
Do (Red Sea Telegraph), Aug., 1908 —
Exchequer Bills, £l,OOO, 3 per Cent. 1 6 die 3pm
Do. £5OO
Do £lOO and £2OO
Bank of England Stock, 51 per Cent shut
Do Account
INDIAN GOVERNMENT SECURITIES.
Indian Stock, 10/ per Cent., AprillB74 219
Do Account
Do. 5 per Cent. July, 1870
Do. Account
Do. 4 per Cent., Oct. 1888
Do. Certificates
Do. Enfaced Paper 4 per Cent
Do. 5 per Cent., Jan. 1872
Do. 5} per Cent., May 1879
Do. 4 per Cent., Aug. 1866 —
Do. Bonds, £l,OOO —
Do. under £l,OOO —
FOREIGN FUNDS—CLOSING PRICES.
Austrian Bonds, 5 por Cent, 1859
Brazilian 5 per Cent _
Do. 41 per Cent., 1852-58-60
Do. 1863
Buenos Ayres 6 per Cent —
Do. Account
Do 1 per Cent. (Deferred 3 per Cent )
Chilian 6 per Cent lOl/
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
Equador New Consolidated, 1 per Cent —
Do., Provisional Land Warrant —
Egyptian 7 per Cent 951
Do., Second Issue
Do £lOO Bonds
Do. 1864 92±
Do £lOO Bonds 921
Greek 5 per Cents., 1824-5, ex Coupons
Do Account * 2O/
Do. Coupons
Do Account 7/
Ctuatemala 5 per Cent..,, —
Do .£B6 paid —
Do. 1839 and 1850 —
Italian 5 per Cent (Maremmana Railway)
Do 1865 —
Do Scrip, £671 paid
Do 5 per Cent., 1864 —
Do. Scrip, £55 paid —
Mexican 3 per Cent —
Do. Account
Do 1864 26/ 51
Do 6 per Cent. Anglo-French., —
Do French Scrip, Ex. 25f 20c
Montevidean 6 per Cent., £3O paid —
Moorish Imperial 5 per Cent
New Granada l4l
Do 2 per Cent —
Do Deferred
Do Land Warrants (Hectares)
Peruvian 4} per Cent
Do. Account
Do Scrip, £45 paid, paid in Bonds
Do 3 per Cent. (Uribarren)
Do 41 per Cent.,;1862 ... ..... .
... .
Portuguese 3 per Cent., 1853
Do Account
Do 3 per Cent., 1856, '7, '9, '6O, '62, '3,
Do. Account
I ussian 5 per Cent., 1822, £ St —
Do 41 per Cent. 1850
Do 3 pm Cent. 1859 —
Do 41 per_Cent,lB6o —
Do 5 per Cent. 1862 921 1
Do 5 per Cent. 1864 —
Sardinian 5 per Cent
Do Account .............
Spanish 3 per Cent
Do New Deferred
Do Account
--
Do Passive ••
Do Account
Spanish Cert. of Coup not funded
Swedish 4 per Cent. —
Do Account —
Do. 4
per Cent. 1864
Turkish 6 per Cent. 1854
Do 6 per Cent. 1858
Do £lOO Bonds
Do. 11 per Cent.
—}
Do 6 per Cent. 1862
Do £lOO Bonds
75 4
Do 6 per Cent., 1864
Do 5
Do .£1 p(0 Bandser Cent. 1865
I)° Seri la, £35 paid
Venezuela
Guaranteed, 4er Cent —
~ 3 per Cent.
Da. 6 per Cent, 1862 —
e Account ...... 38/ 9/
ti
vid ,
Austrian, 5 ends on tho above payable in London.
Cent., Ex. 10 Florins
Bolgian,4l Per
ecnent., Ex. 25f
t., Ex. 12 Guil
Dutch 21 p,Per
Certificates
Do. 4 per or eent. 611
French Rentes, 44,
Do, Account ` Per cent
Italian .r; per Cent., iig-Ei-:;,-; ..
Do Acc0unt...........'
.' —•
631
THREE O'CLOCK.
881 89
89 1

75}

Consols
Do. Account

Liverpool Cotton Market This Day.

Market opens with a brisk enquiry at firm rates.
ales probably 30,000 bales.