The Sun.
London, England, 1866-05-08 00:00:00

-TO.NEY MARKET

AND
COMMERCIAL IN TELLIGE NO R.

TWELVE O'CLOCK.
ADVANCE OF THE RATE OF INTEREST.
The Bank of England have advanced t the
rate of
discount from 7to 8 per cent. Affairs at t Stock
Exchange are very unsettled.
The tendency of the rate of discount is evidently
upward. In the general money market- 71 and
per cent. are the terms for first-class short-dated
Paper, and as a consequence of this stringency the
inquiry at the Bank of England is active. The
'withdrawal of gold for shipment abroad, and the
adverse position of the exchanges, are the primary
causes operating against easy money, but there is
neverthelos a good supply of floating capital, and
Only a moderate commercial demand for accommo-
dation.

There has been a very limited amount of business
trtillsacted in the Foreign and Colonial Produce Mar-
kets during the last few days. The operations in tea
have been deferred until to-day, when a small quan-
tity will be offered for public competition. Sugars
nave been in moderate request at steady rates, while
Superior qualities of coffee have fully maintained
former values. In rice, fruit, and spices there has
b.een little change of importance,
with the excep-
tion of pepper, which has advanced about ld. per lb.
Tallow remains dull at aboUt former values.
0-old to the amount of 50,000 sovereigns were
withdrawn from the Bank yesterday for shipment
to Brazil, and £2,000 in bar gold was also taken out.
We are requested to announce that Mr. J. M.
lilenck has been appointed secretary to the Amity
Insurance CoMpany (Limited).

Two 'CLOCK
At the Paris Bourse this morning, ?acOcording. to
Reuter's telegram, the Three per Cent Rentes were
quoted 62c. 75f. Very quiet.
After so severe a depreciation, it is satisfactory to
report a little firmer tone with an upward tendency,
although no substantial recovery has yet occurred.
Foreign
politics are the principal cause of distrust,
and every item of intelligence received through
Neuter's telegraph-office is read with the greatest
merest. Monetary affairs, and the uncertainty felt
With regard to the stability of some of the finance
campanies, and the fall in the market value of all,
naturally exercised a very injurious in-
fluence. At the latest moment, however, the
tendency, as already indicated, is a little more
encouraging. Consols are now 861 for money,
a lid 86i 4for the June accounts These prices
are precisely the same as those last current yester-
day afternoon. When the market, however,
opened this morning there was a little weakness,
and the New Threes and Reduced Annuities are
Yet a trifle flatter with very few transactions.
Bank Stock is marked 242, 243 ; India 5 per Cents.
105 ; Enfaced 5i per Cents., 106 ; and the De-
bentures, 101 I. Exchequer Bills remain at
nominal quotations.
A fractional advance has taken place in many of
the Principal Foreign Stocks. Mexican are better,
at x}.l7 ; ditto New, 15i ; Turkish 5 per Cents.,
28i and Spanish Passive Bonds have improved
to 2241 23 ; the Certificates, 15i e. Italian, how-
ever, are 1 per cent. lower, at 37} ; but the new
loan has risen 1 per cent. to 58 60. Greek are 10
11 ; Brazilian Scrip, 9 8 dis. ; Egyptian Railway
Scrip, 3 2 dis. ; United States 5-20 Bonds, 66 f ;
Erie Shares, 54, 56 ; and Illinois, 76 77.
Business in the Railway Share Market has been
Very dull, and prices have shown a further depres-
sion. South-Eastern have receded ss. ; Great
'Western, 7s. 6d. ; Lancahire and Yorkshire, 10s. ;
North Western, 15s. ; Midland and North Eastern
(Berwick), each £1; and Caledonian and Metro-
politan each £1 10s.

In the Foreign and Colonial lines there is little
change of importance.
Bank and Miscellaneous Shares generally show
a further downward movement in values. Alliance
are dealt in at 18 4. ; Bank of London at 19 20 ;
IteAerial Alliance at 9-4- ; London and Westminster,
at
94 ; Union of London at 52 ; Credit Foncier
and Alobilier of England at 2f 3 ; London Finan-
cial at 9} ; National Discount Co. at 11f ; and
Overend, Gurney, and Co. at 12i.

~, BRITISH FUNDS
D VOVERNMRNT rtrius.
861:6
—ONE O'CLOCK.
. Der Cent. Consols
86 1
~ Do. Account, May 9
84/4-1
a per Cent. Reduced
841 I
3 per Cent
681
Newri' 2/ per Cent. Jan. 1894
1)0. 6 per Cent. Jan. 1873
Annuities, 30 yrs, expire sth Jan 1880
D°Do. for 30 yrs, expire sth A
(Red Sea Telegraph), Aug., 1908.,.march. June.
pril,"lBBs
_—
EXchequer Bills, £lOOO3 per Cent, —
Do.
£5OO _
iT Do
£lOO and £2OO
.).i•-) 3
Da
Doof England Stock, 5 per Cent
Account
1 INDIAN GOVERNMENT SECURITIES.
`l4llan Stock, 101 per Cent., April 1874 —
Do_
Do. Account
. 5 Per Cent. July, 1870
_
Do. 4 Per Cent, Oct. 1888
Do. Certificates _
_
Do. Enlaced Paper 4 per Cent
1:),0. 6 per Cent., Jan. 1872 ",°. per Cent., May 1879 lO6
._...
',.0. lieb., 4 per Cent. Aug. 1866
uo. Bond, £l,OOO lOl
bo under £l,OOO
FOREIGN FUNDS—ONE O'CLOCK.
Argentine Republic, 6 per Cont., £l5 pd —pin
!111-strin I:tonds, 5 per Cent, 1859 —
nrazilian 5 per Cent bo. 41 per Cent.,1852-58-60
Do.
1863
D° Do.
1.865
~ Ago
......................... RI,- ''' 5tunt........ £45 paid
-pli Ayres 6 per Cent
''° 1 Per Cent. (Deferred 3 per Cent.)
D°cLilian 6.per Cent —
11 1 dis
r Be,rlP, £25 paid
~0. 41. per Cent
dis
Do. 6 per Cent
Colonibian 6 er Cent. —
Cuba„ 6 r cPeit.
Lams rlu . per Cent, 1825
tvabilaolla•bokarcllcoPuriiinteipalities —
_
New Consolidated, 1 per Cent
_lOl
g ".I Provisional Land Warrant
r Man 7 per Cent
_
I)°., Second Issue
4j 0 £lOO Bonds B7l
82 3
T, Do 1864
vo £lOO Bonds B5 6
.„'.lO. Government Railway Debentures —
dis
, uo. £5O paid
r,,eek 5 per Cents., 1824-5, ex Coupons
-uo• Account
--',O. Coupons
4-'O. Account
,iliatemala 5 per Cent.
r
Italian 5 per Cent 1865
60}
T. O. Maremmana Railway —
exican 3 per Cent
163., 16 i
be. Account
14
, Do 1864
perl)° 6 Per Cent. Anglo-French .
-...T.entevidean 6 per Cent., .£3O paid
aa,,, Garish Imperial 5 per Cent
"evir Granada
portlignese 3
2 3
per per Cent., 1,78,539, , ,2 ,
60, 6 , 3,
43
-vo. Account
Russian 5 Per Cent., 1822, £ St
Do 41 per Cent 1850
1),3 4i Per Cent., 1860 VI 3 per Cent. 1859
*l-1.1,0 5 per Cent. 1862 B3/
Barth'''') 6 Per Cent. 1864 _
,nian per Cent
uo• Account
Phatiish 3 per Cent
DO Account
39i 9
Do New Deferred
-Do Account
ei,6o Passive
D 0 A
• °clut ............................. _
,441 sh Cert. of Coup •
not funded
.1„.."24-A-Tecount .......... .
Dos-u 4 Per Cent
I, : Ills er Cent. 1864
4 Per Cont. 1854
13°
Ace° t
1)0 6 ul., ..........................
, per Cent 1858
,Lr-,'o Account
DO
f Ipooor Beoenndtl.
862
D 0 Per
5912 9 60
r‘o XlOO Bonds .....
66i
Do 6 per Cent., 1863
T‘° 5 per Cent 1865 mid up Scrip —_- , _
bo-0 A. 1 '-`
Accollut
......................
% , 0,, • ' Per Celli'. ........... —
tat6.9zuela 3 per Cent. _
o Per
.. • ..2
Lo - per Cent•, . 1862 .....
_
I.l°
A-ceoun.t
t 1864
butebl.vi...euds on the above payable in London,
---
-..-. k-' pe*. Cent , P 12 Gail
De , , ...a.
ppe 1 per Cent. Certificates —
ittolileh -Kt ntes 3 per Cent
D° 6 1,- Cent., 1861, Ex. 25f. ..... ..• 7
0 Acceunt
,1,117(1 !V,
003801 s fo
/), r -

Mo TWO O'CLOCK.
• ney ...........................
'o..4.ocount, 9th inst. ....
8.-61