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

HONEY MARKET

AND

COMMERCIAL INTELLIGENCE,

TWELVE O'CLOCK.

A reduction off per cent. has been made this
morning by the directors of the Bank of England
In their minimum rate of discount, which is now
4} 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 admit 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 demand for accommodation this
Morning has been a little more active than it has
been for the past few days, and the general rate is
44 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, Cunliffes, and Co.,
the National Discount Company, &c., have made a
reduction in their allowance of interest on deposits
t° 3i 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
691.55 c. 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 for money, and 891 f for the
account. The New Threes and Reduced Annuities
are 861 871 ; Exchequer Bills, 2s. dis. to 3s. prem. ;
India 5 per Cents., 104 f ; ditto Enfaced 5} per
Cents., 106} ; and the 4 per Cent. Bonds, 20s. to
238. prem.
With the exception of Turkish 5 per Cents., which
have declined I, 301 there have been no impor-
tant movements in the prices of Foreign Stocks.
Mexican are 14 ; Greek, 15f ; Spanish Passive,
22i- 23 ; the Certificates, 151; and Italian, 561 57.
_ _

Ameiicari Securities are depressed. United States
5.20 Bonds are 71f 1; Illinois, 77i f, being in
each case a decline of k ; and Erie shares continue
at 47i 47i.
Atlantic and Great Western Debentures de-
clined 1, to 66 68 ; and the Consolidated Mortgage
Bonds 1, to 47f 48f. _ _ _

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 ;
Great Western, ; and North British, 1i ; while
South-Eastern have declined ; 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 621, 631; Anglo-
American Telegraph Company are at 161 1 ; At-
lantic Telegraph 8 per Cents. paid up have receded
to 115 120 ; and Telegraph Construction and
Maintenance to 16/. Credit Foncier of England
are at 41 44 ; General Credit at 4 41; and liud-
Bon's Bay. Company at 17.

BRITISH FUNDS—CLOSING PRICES
GOVERNMENT FUNDS.
° Der Cent. Consols
Do. Account, Oct. 9 B9+
B,PerCent. Reduced B6; 7; 6;
n
New
3 per Cent B7 61 7
'levy 3i per Cent. Jan. 1894

.
. 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 -
&xchequer Bills, £l,OOO, 3 por Cent. 3 pm
Do. £5OO 2 dis 3 pm
Do £lOO and £200
Bank Of England Stock, 6} por Cent MI xd
Do Acao'unt
LNDIAN GOVERNMENT SECURITIES.
Iqdian Stock, 10} per Cent., AprillB74 —
Do. Account
Do. 5 per Cent. July, 1870
Do. 4 per Cent., Oct. 1888
Do. Certificates —
Do. Enfaced Paper 4 per Cent —
Do. 5 per Cent., Jan. 1872
Do. 5i per Cent., May 1879 lo6}
Do. Deb., 5 per Cent, Aug. 1873
Do. Bonds,4 per Cent., £l,OOO 22
Do. under £l,000
FOREIGN FUNDS—CIOSING PRICES.
Argentine Republic, 6 per Cent., £l5 pd — pm
Austrian Bonds, 5 per Cent, 1859
Brazilian 5 per Cent
Do. 4} per Cent., 1852-58-60
Do. 1863
Do. 1865
Do Account 6Bl f
Do. £lOO Bonds
, Do. Scrip, £65 paid
"%mos Ayres 6 per Cent
Do £lOO Bonds
~,,Do 1 per Cent. (Deferred 3 per Cent )
"nilian 6 per (lent
Do. 4} per Cent —
Do. 6 per Cent
Do Scrip, £75 paid — pm
Colombian 6 per Cent. —
Danish 6 per
3 per Cent., 1825 —
Do. 5 per Cent., 1864 ...

Ditnubial Principalities —
Do. Account —
luador New Consolidated, 1 per Cent
Do., Provisional Land Warrant
Do Deferred
4187ptian 7 per Cent —
Do., Second Issue Bl 3/
Do .£lOO Bonds —
Do. 1864 B5 41
Do £lOO Bonds 4 B4l
_Do. Government Railway Debentures —
~ Do. £BO paid
Week 5 per Cents., 1824-5, ex Coupons 15/ 15
Do. Account
_Do. Coupons
„. Lo. Account
‘-l'Uatemala 5 per Cent. —
Italian 5 per Cent 1865 —
_Do. Account
, -Do. Maremmana Railway —
aaexican 3 per Cent
Do. Account
Dn. 1864 —
, Do 6 per Cent. Anglo-French
taontevidean 6 per Cent. . —
40orish Imperial 5 per Cent
New Granada
Do 2 per Cent —
Do. Deferred
„ Do Land Warrants (Hectares)
'eruvian 5 per Cent, 1865 —
, Do Account —
'ortuguese 3 per Cent, 1853
Do 3 per Cent., 1856, '7, '9, '6O, '62, '3,
Do. Account
Russian 5 per Cent., 1822, .£ St B6l
Do 4} per Cent. 1850
Do 41 per Cent., 1860
Do 3 per Cent. 1859 —
Do 5 per Cent. 1862
Do 5 per Cent. 1864 94*
eardiman 5 per Cent
, Do. Account
I°Panish 3 per Cent
Do Acc6unt —
Do Now Deferred
Do Account'
Do Passive 221
De Account 23
Spanish Cert. of Coup not funded
, Do Account
Qwedish 4 per Cent. —
4* por Cent. 1861
, •• nrkish 6 per Cent. 1854 —
,O. Account —
Do 6 per Cent. 1858
Do. Account
Pi „,D„0 £lOO Bonds 57
wo„ per .Cent. 1862
Vo Account
"..so £lOO Bonds 551 6
Do 6 per Cent., 1863
Do 5 per Cent., 1865, paid up Scrip —
Do Account
„Do. 4 per Cent. Guaranteed -
v enezucla 3 por Cent. —
Do Account —
Do 6 per Cent., 1862 _
Do Account
Do. 6 per Cent, 1864 27 51
Dividends on the above payable in London.
1311gian._41 • u. cent., Ex. 25f ..••

ftritacih:slleP-lell:Cls'4'n3ti:el;BB3le:nt.l3xE.
2x5.12.5f
THRE-261*437'CLOCK.
•Do. Account,
E
Console, Money B9l I
Lo. Account