The Sun.
London, England, 1857-06-19 00:00:00

The silver market is now comparatively quiet,
as usual immediately after the arrangements for si
these shipments are completed. Bar silver, how- 54
aver, is still ss. 1/d. per ounce standard.
The Directors of the Bank of France have adopt-
, ea a very important alteration, viz., the reduction
Of the premium on gold from 6to 4 per mille. This S
Proves the accuracy of the advices lately received :22!
from Paris, viz., that the Bank is obtaining a 51
Supply of bullion in the ordinary course of business
and irrespective of purchases of gold in this coun-
-11
try. Having taken this step, a decline in the
21
Minimum is expected towards the end of the next
21
Week, if not before. it
Following the movement of the Bank of England 81
bisectors, yesterday, the various discount establish- 21
bients, including the National Discount Company, 11
have reduced the allowance for deposits. The 653
terms are now per cent. lower, viz., 51 for money S
on call, and 5 per cent. when the agreement is for 5111
t days' notice. If a further reduction takes place it is s
1112Pposed that several persons who have employed
11
their money in the discount-market instead of invest-
lug it in the funds, will withdraw their capital with
2i21
the view of purchasing securities.
There is a moderate inquiry for money, but the 2
karket, since the alteration in the Bank rate, is 2
decidedly quieter. 8
Increased firmness is apparent in the English S
Stock Market, but the improvement is singnlarly
unimportant compared with what might have ben
expected from a modification of the discount 5
regulations a' the Bank. The absence of bus'- 2
tess, and the inability of the public to 1
invest while the transfer books are closed,
are the only causes assignable for the apathetic
State of the market. Cons As have been 93k 2
buyers for the 9th Troximo, but they are now
flatter ; viz., 93 k I. For the opening they are 2
03.1 I. The New Three per Cents. are 92-k 93,
and the Reduced 92i 93. Bank Stock is firmer ;
viz., 2121 to 214. The March Exchequer Bills
have been 2s. discount to 2s. premium, and the I'l
Bonds 98i.
Foreign Securities are firm, but the transactions
are limited. Turkish 6 per Cents. have been
961 and are now about 961 -k. The 4 per Cents.
have been dealt. in at 101 k to 102. Spanisl- 3 per
Cents. are 42i, the Deferred 26 to 26k, and Belgian

per Cents.9Bi. Russian 5 per Cents. are 111,
being 1 per cent. better.
The following are the nominal prices of Foreign
Stocks:--Grenada Deferred Bonds, 61 ; Mexicsm,
22i ; Peruvian 41 per Cents., 76 8 ; ditto 3 per
Cents., 53 5; Portuguese 3 per Cents., 46 47 ;
Russian 5 per Cents., 109 111 ; ditto 44 per Cents.,
97 9; Spanish 3 per Cents., 421 /; ditto New De-
ferred, 26 1 ; ditto Certificates, 6i ; ditto Pas-
live, 5/-
Messrs. D. Bell, Son and Co., report that during
the week there has been very little business it
&merican Securities, and little clrin4e in prices.

GOVERNMENT SECURIT
Redeemable. Per Cent.
IJnited States 6 per Cents. 1867-1868...106 106 i
Cr uit e d States 6 per Cent. Bonds 1868...106 106 i
STATE SECURITIES.

... 78 . - ICO
... 89 91 100
-100 -
20

Alabama 5 per Cent
Maryland 5 per Cent. (Sterling Bonds)...
Massachusetts 5 per Cent. (Sterl. Bonds).
Mississippi 6 per Cent. Pl. Bk.
Bonds ' 1841-A871... 40 42
Mississippi 5 per Cent. 'Union Bk. Bonds ... 20 22
Pennsylvania 5 per Cent. Stock
Pennsylvania 5 per Cent. Bonds '877 79 81
Tennessee 6 per Cent. Bonds
'Virginia 6 per Cent. Bonds 1886._ 831 84/
Virginia 5 per Cent. (Sterling Bonds) 1888... 84 86
LOANS OF CITIES.
.Boston 41 per Cent. Bonds 1883... 90 92
Montreal 6 per Cent. Bonds 1856-1865...
New Orleans 6 per Cent. Stock 1883... 75 77
RAILROAD BONDS.

Illinois Central 7 per Cent. lst Mortgage,
not Convertible 1875... 90 9l
Illinois Central 6 per Cent 1875... 87 89
Illinois Central 7 per Cent. Freeland
Bonds 1860...107 109
Illinois Central (Shares), $3O paid.... ... 19 21 p
Michigan Central Bp. Cent., Convert 1860...
Do. do. do. 1869... 90 9 1
New York Central 7p. Cent., Convert 1864... 89 91
New York Central 6 per Cent., not
Convertible 1883... 79 80
New York and Erie 7 per Cent. 3d Mort-
gage 1883... 82 84
N. York and Erie 7p. Cent. Convertible-1862... 76 78
N. York and Erie 7 per Cent. Sinking
Fund 1875... 80 82
Panama 7 per Cent., Ist Mortgage 1865...
Pennsylvania Central 6p. Cent., Ist Mort 1880... 89 91

The dealings in the Railway Share Market i

day have been circumscribed. In some instances
prices have exhibited an upward tendency. Ox-
ford, Worcester, and Wolverhampton and Midland
advanced ss.- South-Western and South-Eastern,
and Great Western 105. ; and North-FA-stern
(Berwick), IL Edinburgh and Glasgow declined
11., and North-Western and Manchester, Sheffield,
and Lincoln, sg.
Joint-Stock Bank, Mining and Miscellaneous
Shares are extremely quiet, at about former values.

BRITISH FUNDS.—CLOSING 1•11.1 C ES —TIIIS DAY
Pram the Octal List,)
Business done.
Bank Stock .. 214 12A
3 per Cent. Reduced Annuities 92i i 3 2t i
3 per Cent. Consols AnnaitieE... Shut
Now 3 per Cent. Annuities 92i 3 2i 3
Long Annuities, expire Stn Jan. 1860
Ditto 30 Years, expire sth April, 1885 18 1-16 A
India Bonds, 1.:10u0 -
Ditto, under £lOOO
Coisols try A coonpr,
Ditto for Opening .
Exchequer 8i11e.2.4d.
£lOOO . lp2d2p
£5OO
Email ......... .. ..... ... . ........... •
Ditto Bouds, 1858, 3i Per Cent
Ditto, 1859 .... •
PRICES OF FOREIGN FUNDS—THIS 'DAY.
Brazilian 6 per Cent.
Ditto 1852, 4A per Cent. .
Pe: vian Bonds, 41 per Cent
Ditto Account 77i
Russian Bonds, 1822, St., 5 per Cent lll
Ditto, 44 per Cent. 99
Ba-dinian Bonds, 5 per Cent.
%nigh Bolds, 3 per Cent. —
UDitto Account
Ditto New Deferred, 3 per Cent.
Ditto Account
awsdisk 4 per Cent.
Tarkibh Bonds, 6 per cent O6A
Ditto Account 96s A i i
Ditto Guaranteed, 4 per Cent.
Ditto Account
oividends on the above cayabte In uondcn.
Itelgian 2i per Cent., es. 25 francs —
Do. 41 per Cent.. ex. 25 francs... •
THREE O'CLOCK.
Conniff for account, July

~ 9n k
~ 934 #