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

ZITONEIMARKET

AND
COMMERCIAL ENTELLIGENOR,

o'CLocE.
ADVANCE OF THE RATE OF INTEREST.
The Bank of England have advanced the rate of
discount from 7to 8 per cent. Affairs at the Stock
Exchange are very unsettled.
The tendency of the rate of discount is evidently
upward. In the general money market 71 and 73-
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
everthelers a gcod supply of floating capital, and
only a moderate commercial demand for accommo-
dation.

There has been a very limited amount of business
transacted 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
have been in moderate request at steady rate; while
superior qualities of coffee have fully maintained
former values. In rice, fruit, and spices there has
been little change of importance, with the excep-
tion of pepper, which has advanced about I.d. per lb.
Tallow remains dull at about former values.
Gold 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withdrawn from the Bank yesterday for shipment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.
Xlenck has been appointed secretary to the Aunty
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
Reuter's telegraph-office is read with the greatest
nterest. Monetary affairs, and the uncertainty felt
With regard to the stability of some of the finance
companies, and the fall in the market value of all,
have 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 86+ for money,
and 86a for 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 f better,
at 16i 17 ; ditto New, 15i ; Turkish 5 per Cents.,
284 ; and Spanish Passive Bonds have improved
to 221. 23 ; the Certificates, 158 I. Italian, how-
ever, are 1 per cent. lower, at 37i ; but the new
lean 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 ;
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-
-Bion. 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 1. ; Bank of London at 19 20 ;
Imperial Alliance at 9; ; London and Westminster,
at 94i ; Union of London at 52 ; Credit Fonder
and
at Alo,biiliier of England at 28 3 ; London Finan-
National Discount Co. at 11.8 ; and
Overdid, Gurney, and Co. at 128.

BRITISH FUNDS—CLOSING PRICES.
jt GOVERNMENT FUNDS.
861 6 i * -I
" Der Cent. Consols
86 f 1 i
8 Do. Account, May 9
84.1 -1 i
per Ceut. Reduced
841 ii
New 3 per Cent
68
,ieW 21 per Cent. Jan. 1894
D°. 6 per Cent. Jan. 1873
Annuities, 30 yrs, expire sth Jan. 1880
Do
for 30 yrs, expire sth April:lBB,s,w Cited Sea Telegraph), Aug., 130°.•!
March. June.
N:Xchequer Bills, £l,OOO, 8 per Cent. —
h°D
£5OO
B£loo and £2OO
Bank u
242 3
England Stock, 5 per Cent
Do Act,
Indianl3o.l44S:teooculut
t'
•ERNMENT SECURITIES.
Do: 5 per Cent. 31.7 1870
Per Cent., AprillB74 —
105 1
Do.
4 per Cent, Oct- —
Do. Certificates ~,...98-
I),°. Enlaced Paper 4 pert ,it
'l,O 5 per Cent., Jan. 1872 :. —
`'..,°. 51 per Cent., May 1879
'-',O. Deb., 4 per Cent., Aug. 1866' ,
-uo. Bonds, 41,000
101 I
I)°- under 41,000
Argenti FOREIGN FUNDS—CLOSING I:1,1Es.
. Austria ne Republic, 6 per Cent., £l5 pd — pin
fn I3onds, 5 per Cent, 1859
in'azilian 5 per Cent
DO.ll per Cent., 1852-58-60
o.
1863
Do.
1865
1)0 A
D.,-.CCOUnt
~, . ..... : ...............
8} 8 7
gu ' crap, £45 paid
~,etlee Ayres 6 per Cent
'Jo 1
chr,th..
0 .a,upGerpeCrecnet.n(t
J2Deferred 3 per Cent.)
',.'"o. 4
per Cent , 'lertp, £25 paid
11 1 dis
1
Cubl3o. 6.per Cent
dis
Inblan 6 erCent. —
1)„,,,V Per Cent.
D-'llBu 3 per Cent., 1825 —
kbzi tibiao
An_coPrui. cipalities
•ac Urit
591
quador New Consolidated, 1 per Cent lof
is L'o., Provisional Land Warrant VPtian 7 per Cent
4'0., Second Issue —
Do £lOO Bonds
, Do. 1864
-"Jo £lOO Bonds 82 3 1
~z...,De *ea]; Clovpelerat:ee ruttts.lita B5 6
, , li 0 • 450 paid
1812w4a-sy,DexebLnuturtio.ens.s —l-801dils1
Do. Account
Do. Coupons
D. Account
‘Tnatenaala 5 per Cent. ,
Italian 5
per Cent 1865'
Rai1way............'....... 601
, _ Do. Maremmana y 4exican 3 per Cent
Do. Account
Do 1864 l4
),..110 6 per Cent. Anglo-French
nnutevidean 6 per Cent., £3O paid
knorish Imperial 5 per Cent
New O-1
Ltranada
Port
,P-..tiguese 3 per Cent., 1853
,° 3 per Cent, 1856, '7, '9, '6O, '62, '3,
Rubain.count
43 2
ISiall 3 per Cent., 1822, £ St
)) 41 per Cent. 1850
ID:o PpPeerrcCenent.t.l.BlsB96o
491
".,' 5 per Cent. 1862
tan 5 per Cent. 1864 —
.'iLirdatk 5 per Cent
, "Jo: account
'l/411184 3 per Cent
be Account
391 9
D New Deferred
Do
4cc
D1)0 p o.unt
assive
13 Acciunt
Doi
~.
r. ............................ _ D 4uet. of Coup not funded
isweediAccount
Do. fly 4 per Cent. —
itlirk.; '9 Per Cent. 1864
b_'stt 6 per Cent. 1854 —
152 ~,e Account ....... ..-
6 per Cent. 1858 ....................
Bu Account .........................
Do 4.telpeCieoGirunte
...
.uo G
Cents 1862
591 9 60
0 x 10„, , .... ............................... _
_1 Do 0 " -"Duds
Do 5 per Cent.,1863
Do APer Cont., 1865, paid up. Scrip -:
Do A ecc'll la t .... .
v-e„.. -. per Coat. Guaranteed
.6°41101a 3 per
Itto account Cent. 0, e count
.0 Per Cent., 1862 —
° Account
I) 3
1.14 *6:i .....................
31
301
Dut rl7l,.euda on the above payable in London.
h 1.
_
beo Per Cent., Ex. 12 Guil 11.1ellirteerneeen3t.pCeerrCtiefineta.Les ___
_
',Lull,' k
.1_,,,' A' 1.,,- Cent., 1861 Ex. 25f.
'' •q•count '
Co
THREE O'CLOCK.
Ilmels , for money
. 86,-1 t
.../(), Accon.,,, n . . .............................
86i
~
'''") 4 tia inst. ............... .