The Sun.
London, England, 1866-01-04 00:00:00

TIONE7'-MARKET

AND

COMMERCIAL ', :.- I'ELLI G NO:g,

TWELVE O'CLOCK..
The official rate of discount has been advanced
from 7 to 8 per cent.
The measure was generally anticipated, in conse-
quence of the continued efflux of gold from the
establishment, and the comparatively insignificant
amount that must have been received there during
the week. In addition to this fact the position of
the exchanges is adverse, and the large demand
there is to send silver to the East is shown by the
hl.gher rates obtained yesterday afternoon on the
bills for India. The establishment, too, must have
reduced its reserve of notes very much by the in-
creased demand experienced for discount accommo-
dation and the payment of the quarter's salaries.
At the bullion department of the Bank of Eng-
land, yesterday afternoon, there was a withdrawal
of £50,000 in sovereigns for Alexandria.
& new loan has been announced by Messrs
Baring Brothers and Co. for the Argentine Re-
The amount required is £2,500,000, but
only half is to be first issued in a 6 per cent. stock,
at the
price of £75 for every £lOO.
The biddings for £350,000 in bills on India took
place yesterday afternoon at the Bank of England.
The proportions allotted were, to Calcutta £227,000,
to Madras £22,700, and to Bombay £lOO,OOO.
The
minimum price.,lwas, as before, is. 1i d. on
Calcutta and Madras, and ls. 111 d. on Bombay.
Tenders on Calcutta and Madras, at is. Hid., will
receive
about 24 per cent., and on Bombay, at
full Id.) about 27 per cent. Above these prices in

The following are now the rates on deposit ac-
counts allowed by the discount establishments :-
5 per cent for money at call, 6 per cent. for seven
daps' notice, and 7 per cent. for 14 days' notice.

Two o'CLocs.
According to Reuter's telegram the French
Three per Cent. Rentes were quoted at 68f. 50c.
Plat,
The English Stock Market has been influenced
by the alteration in the rate of discount. Prices
generally are flat, and Consols are now quoted 87 1
for money, and 871 1 for February. The New
Threes and Reduced Annuities are 861 1 87 ;
hequer Bills, 2s. dis. ; Bank Stock, 246/ ; India
Icstock, 210 ; ditto 5 per Cents., 102/ 1.
Several sales have taken place in the Market for
Foreign Stocks, and prices generally have shown
depression. Turkish 5 per Cents. are 42 / ; Mexi-
can, ez all, 221 23, and the New Bonds 20 ; Greek,
15 15 ; Spanish Passive, 271 j. ; Certificates, 14/
; Italian, 621 j ; the Confederate Loan, 6 7 ;
and Brazilian Scrip, 21 1 prem.
7 56
American securities are fiat. United States 5-20 E
Erie
are 64/ 651; Tllinois shares, 771 ; and
i 7.
Business in the Railway Share Market has been
"11) and in several instances prices show less firm-
s' Lancashire and Yorkshire and Midland have
each declined 1, North Western and South Eastern
each if and Metropolitan 1.
The Foreign and Colonial lines generally remain
at steady
rates.
13ahk and Miscellaneous Shares are quiet.
~°11-Lon-
Chartered of Australia have improved to 23 ;
voolonial to 45/ ; Alliance are at 29} ; Imperial
tot.teinan, 131; London Financial, 191 ; National
Glsceunt Company, 16/, 171 ; and Overend,
comet
and Co., 211 211 ; Charles Lafitte and
,i'e• shares are quoted 2 31 prem. ; London Steam
"ring Company, 1/ 2 prem.

BRITISH FUNDS-CLOSING PRICES.
9
. GOVERNMI3NT FUNDS.
Der Cent. Do. Accoun Consols
~
t, Jan. 9
Z.Per Cent. Reduced B7l f 7
861 1 7 63 I
New 3 per Cent 863 i 61 i
mew 23 per Cent. Jan. 1894 -
A __D°• 6 per Cent. Jan. 1873 -
D
"-uuuiti es, 30 yrs, expire sth Jan 1880 -
o. for 30 yrs, expire sth April," 1885 -
EDo (Red Sea Telegraph), Aug., 1908 - Uttequer Bills, X 1,0003 per Cent. 2 die
Do,
Do
£5OO -
£lOO and £2OO _
Bank of England Stock, 5 per Cent
Do Account -
i into GOVEIcsatENT SEcustrrEs.
41,dian Stock, 101 per Cent., AprillB74 2lO x d
„o Account
uo. 5 per Cent. July, 1870
De. per Cent., Oct. 1888
!;'o• Certificates -
„."0. Enfaced Paper 4 perEent -
D 5 Per Cent., Jan. 1872 -
,°. 51 per Cent., May 1879
L' -
o. 4 per Cent., Aug. 1866 -
Do. Bonds, £l,OOO l4 pm
1)0. under Xl,000
VOREIGN FUNDS-CLOSING PRICES.
tOstrian Bonds, 5 per Cent, 1859 -
DO. °• 4
razan 5 per Cent -
Lo Per Per Cent., 1852-5840
.
18E3 -
bo.
186$ ... -
DODo Account 74 5 4/
R
gtv,„' -criP. £25 paid
fem:'B,,,
cAc yres 6 per Cent
11 A ount
ecg 1 per Cent. (Deferred 3 per Cent.) -
0
,8• 41 Centnt _ ;Jo. 3pe
f4otoabian 6 per Cent. ',11441 6 per Cent. -
" 'eh
tie - 3 per Cent., 1825 -
pDubs
• 4 per Cent.,
1863 -
e Per Cent., 1773-77, £25 paid -
Doiez p„ . ~, ,
-
4ec zcipanues
Itloador 731
Cent
Consolidated, 1 per Cent -
E •% rovisional Land Warrant -
!)
Ptai 7 per Cent 92
~., Second issue
Do 4100 Bonds 94
1)0
1864 913 I 3
Dot 100. Bonds
92
(Inee A - Per Cents 1824-5, ex Coupons -
Do.-4.....cc
coupons
-
t.,„ -CCOllllt
-
.14 5 Cent -
-Do 486,,,ziPer •
141)14?. 184 and 1850 - -Ani4o 5 per Cent, 1865
•,',.,•'0,2: Account
ti • 3/arm:mama Railway -
° crlp, X 67/ paid -
k. ? ° Per Cent. 1864 -
D' 3 per Cent -
..A.ceount
Do
1864 2Ol
,b 0 6 per Cent. Anglo-French 1,,,.."0 French Scrip, Ex. 25f 20c •
itiontevidean 6 per Cent, ao paid
N°°llBh Imperial 5 per Cent i
c.,'W Granada
•uo 2 per Cent
„Do Deferred
-
h -"0 Land Warrants (Hectares)
-0. 6 per Cent, 1864,.. , ... . ............ . - Bo Guaranteed, 4 per Cent - Peruvian 41 per Cent
•",°. Account
V.,0 Scrip, £45 paid, paid in Bonds -
DO- per Cent. (Uribarren) -
p,,, 41 per Cent., 1862 -
1)-'11311ese 3 per Cent., 1853 -
•u
-so ° per Cent., 1856, '7, '9, '6O, '62, '3, -
, • Account4s}
'Lblissian 5 per Cent., 1822, X St -
D°Do 41
-/ Per Cent 1850
Do 41 per Cent., 1860
14"o/1_5 per Cent. 1864 -
S•r•°'• countr Cent
...0 .
Po is•ha3cpoeurnt Cent -
-
Ditto-
43
Do ew Deferred -
po° Account
p .
,assive -
131.,°. Account 273
.6413,° Cert. of Coup not funded -
Sw °.Account l4l 15 141
edish 4
De, A, per Cent. -
'Nazi m- per Cent. 1864 - too 6
6 Per Cent. 1854 -
DtO
,Account
89
° °A Per Cent. 1858
B° Account
691 3
-
tDo 4100 Bonds
o Account
68f f 8
1)0 -900 Bonds
Do 5° Per Cent., 1863 -
I:2,Per Cent. 1865 -
1";; "eriP, £36 paid - 42/ 313
be •C1(0 Bands
Irenez. 44 3err Cent. Guaranteed -
bo 1 a Per Cent, -
to• . 1 per Cent
Dividends
Pretm",hridends on the above payable in London.
Italia io•entes 3 per Cent. _Do 0 Per Cent., 1861, Ex. 25f. -
v 4cunt •"
00,sols for money THREE O'CLOCK.
j"'°• /'eb• Ac3ount
"!---..----.-7,_------2=l-:7ixd
Liverpool Cotton Market—This Tay.
teeh A •
tin ''4lng the action of the Bank of England to-
:3P' the rnsaerkeolpened with a moderate demand,
44(1 e als will bales probably foot 8,000 or 10,000