The Sun.
London, England, 1866-09-27 00:00:00

MONEY MARKET

AND
COMMERCIAL INTELLIGENCE,

TWELVE O'CLOCK.

A reduction of per cent. has been made this
morning by the directors of the Bank of England
in their minimum rate of discount, which is now
41 per cent. This concession was expected, but it
Will not be the less agreeable to the commercial
classes. Although the position of the Bank would
undoubtedly o.dmit of a greater relaxation than that
now afforded, yet the lowering of the value of money
cannot be too gradual, especially at a time
When it can hardly be said that we have
fully and safely emerged from the results of the
recent panic. The dematid for accommodation this
morning has been a little more active than it has
been for the past few days, and the general rate is
41 per cent.
The sum of £98,000 in bar gold and 46,000
sovereigns was sent into the Bank yesterday after-
noon.

The various private and public discount houses,
including Messrs. Alexanders, Cnnliffes, and Co.,
the National Discount Company, &c., have made a
reduction in their allowance of interest on deposits
to 3- per cent. for money at call, and to 3; per cent.
for seven and fourteen days' notice of withdrawal.

Two o'CLocK.

At the Paris Bourse to-day, according to Reuter's
telegram, the 3 per Cent. Rentes were dealt in at
69f. 55c. Heavy.

The English Stock Market, after manifesting
signs of depression, shows a firmer tone. During
the earlier hours of business sales were effected, but
subsequently speculators were induced to pur-
chase, and a recovery took place in values generally.
Consols are 891 it for money, and 898 1 for the
account. The New Threes and Reduced Annuities
are 84 871 ; Exchequer Bills, 2s. dis. to 3s. prem. ;
India 5 per Cents., 104 f j ; ditto Enfaced 5f per
Cents., 1061 ; and the 4 per Cent. Bonds, 20s. to
238. prem.
With the exception of Turkish 5 per Cents., which
have declined 11., 30f there have been no impor-
tant movements in the prices of Foreign Stocks.
Mexican are 168 e ; Greek, 151 ; Spanish Passive,
224 23 ; the Certificates, 151 ; and Italian, 564 57.
American Securities are depressed. United States
5.20 Bonds are 711 8 ; Illinois, 771 I, being in
each case a decline of 1 ; and Erie shares continue
at 471 474.
Atlantic and Great Western Debentures de-
clined 1, to 66 68 ; and the Consolidated Mortgage
Bonds 1, to 471 481.
The dealings in the Railway Share Market have
been on a rather limited scale, owing to the dealers
and speculators having been principally occupied
with the settlement of the account. Great Eastern
and Great Northern A Stock have improved 1;
Great Western, I ; and North British, 11 ; while
South-Eastern have declined 1 ; and Metropolitan
and Midland each 1.

In the Foreign and Colonial lines there has
been little change of importance. East Indian,
however, have improved to 1021.

Bank and Miscellaneous Shares are very quiet.
Alliance are dealt in at 191 20 ; Imperial Ottoman,
91 ; London and County, at 624, 631 ; Anglo-
American. Telegraph Company are at 161 j ; At-
lantic Telegraph 8 per Cents. paid up have receded
to 115 120 ; and Telegraph Construction and
Maintenance to 16i. Credit Foncier of England
are at 41 44 ; General Credit at 4 41; and Hud-
son's Bay Company at 17.

BRITISH FUNDS—ONE O'CLOCK,
GOVERNMENT FUNDS.
3 Der Cent. Consols
Do. Account, Oct. 9 B9}
3 per Cont. Reduced B6k 7} 61
New 3 per Cent B7 1 61
New 312 per Cent. Jan. 1894 —
Do. 5 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_
Exchequer Bills, £l,OOO, 3 por Cent. 3 pm
Do. £5OO 2 dis 3 pm
Do £lOO and £2OO
Bank of England Stock, 61 per Cent
Do Account
INDIAN GOVERNMENT SECURITIES.
Lidian Stock, 101 per Cont., April 1874 —
Do. Accoun.
Do. 5 per Cen,-. duly, 1870
Do. 4 per Cent., Oct. 1883
Do. Certificates
Do. Enfaced Paper 4 per Cent —
Do. 5 per Cent, Jan. 1872
Do. 51 per Cent., May 1879 lO6l
Do. Deb., 5 per Cent., Aug. 1873
Do. Bonds,4 per Cent., £l,OOO —
DO. under £1,000
FOREIGN FUNDS—ONE O'CLOCK.
Argentine Republic, 6 per Cent., £l5 pd — pm
Austrian Bonds, 5 per Cent, 1859 —
Brazilian 5 per Cent
Do. 41 per Cent., 1852-58-60
Do. 1863
Do. 1865
Do Account 6Bl 1
Do. £lOO Bonds —
Do. Scrip, £65 paid
Buenos Ayres 6 per Cent
Do £lOO Bonds
Do 1 per Cent. (Deferred 3 per Cent )
LillianD 6 per Cent —
Do. 4i per Cent
Do. 6 per Cent
Do Scrip, £75 paid
Colombian 6 per Cent.
Dan is
euba, h
6 per Cent.
3 per Cent., 1825 —
Do. 5 per Cent., 1864 .
Danubian Principalities
Do. Account
'quador New Consolidated, 1 per Cent —
Do., Provisional Laud Warrant
Do Deferred
.'gYptian 7 per Cent —
Do., Second Issue B4
Do £lOO Bonds —
Do. 1864 B5
Do £lOO Bonds —
Do. Government Railway Debentures —
Do. £BO paid
Greek 5 per Cents., 1824-5, ex Coupons 151. 15
Do. Account
Do. Coupons
Do. Account
Guatemala 5 per Cent.
Italian 5 per Cent 1865
Do. Account
Do. Maremmana Railway —
',lexicon 3 per Cent
Do. Account

Dn. 1864
a.Do 6 per Cent. Anglo-French
.tiontevidean 6 per Cent. .. —
4,, oorish Imperial 5 per Cent
mew Granada —
Do 2 per Cent —
Do. Deferred
„ Do Land Warrants (Hectares)
reruvian 5 per Cent., 1865
• 00 Account —
c orttiguese 3 per Cent., 1853
Do 3 per Cent., 1856 '7, '9, '6O, '62, '3,
DO. Account
Russian 5 per Cent., 1822, .£ St —
Do 4} per Cent. 1850
Da 4i per Cent., 1860 —
Do 3 pez Cent. 1859 —
Do 5 per Cont. 1862 B9l 90 891
Do 5 per Cent. 1864
13a.rdinian 5 per Cent
• Do. Account
°Panish 3 per Cent
Do Account
D 0 Now Deferred
Do Account
Do Passive 221
Accaun
Certt —
'''lAnish . of Coup not funded
S Do Account
IQ wedish 4 per Cent. —
Do. 4} per Cont. 1864
Turkish 6 per Cent. 1854
Do. Account
"0 6 per Cent. 1858
-'-',O. Account
'-',..,0 £lOO Bonds
Do 6 per Cent. 1862
„Do Account —
Do £lOO Bonds
Do 6 Cont., 1863 —
D 0 5 per r Cent., 1865, paid up Scrip —
Do Account
• "0. 4 por Cent. Guaranteed —
T enezuela 3 per Cent. —
Do Account —
P° 6 per Cent., 1862 —
'-'0 Account
DO. 6 per Cent, 1864 —
Dividends on the above payable in London.
_
11-nelgian, 4} per cent., Ex. 251.
i',rtich Rentes 3 per Cent., Ex. 25f —
illiai. 5 per Cent. 1831, Ex. 2sf.
Do. Account

Co TWO O'CLOCK.
Consols Money
y 891
O. Account