The Sun.
London, England, 1861-04-04 00:00:00

MONK 1' MARKET A itti) (12" F YETV,'•

CITY, Two o'CLocit
REDUCTION IN THE BANK RATE OF

DISCOUNT.

The minimum rate of discount at the Bank of
England has been reduced to-day from 7to 6 per
cent., and as the tendency of affairs has prepared
the public for the announcement, it has not created
much commotion, although it has naturally pro-
duced a very favourable impression in commercial
circles. The accumulation of bullion during the
Past week has been very rapid, and the enquiries
for money have been less extensive than might
have been expected. An important improvement
natty, therefore, be presumed to have taken place
in the position of the establishment, while a farther
increase in its resources will probably result from
payment of the bills due to-day, and the return, a
few days hence, of the advances granted upon
Public Pecurities until the payment of the divi-
dend.

About £130,000 in gold, chiefly Australian, was
sent into the Bank of England yesterday.
The particulars have been advertised of the num-
ber of 'Brazilian 5 per Cent. Bonds, amounting
together to £104,400, which have been drawn for
redemption.
Continued quietude prevailed in the Liverpool
cotton market yesterday, and prices remained with-
out any variation of importance. The sales were
about 6,000 bales.
The Peninsular and Oriental Company's steamer
Ceylon, sailing to-day, takes out—in bar silver and
dollars, £77,167 ; in gold coin, £7,204; in sove-
reigns, £7,245 ; and in gold thread, watches, and
jewellery, £2,724.
The traffic receipts of the Great Western Rail-
Way of Canada, for the week ending the 15th ult ,
exkited an increase of £1,130 compared with the
same period last year.
Towards the close of business yesterday after-
noon the Funds presented a strong upward tend-
ency, and increased firmness has been apparent
this morning, Consols for money being 911 e ;
91aI for the 18th inst.; and 92 to 921 for May.
The reduction in the rate of discount is the prin-
cipal cause of the prevailing buoyancy. India
Stock has advanced to 221; ; ditto 5 per Cent.
remains at 998 100 ; but Exchequer Bills have
improved to 6s. and ss. dis.

Foreign Securities exhibit rather more buoyancy,
and the dealings have been to a fair extent.
Turkish 6 per Cents. are 731 to 74 ; ditto, 1858,
631 54; ditto 4 per Cents. have improved to 991
1°0; Mexican to 24: ; Portuguese to 45i 46 ; and
uuteh 21 per Cents. '64i. Spanish Deferred remain
at 411, and Peruvian 3 per Cents, at 721.
The last week's railway receipts, ascertained up
to this day, are in round Sgures as under

1861. 1860.
Great Western £39.247 £36,714
North-Western
South-Western
Srighton 19,685 12,889
Midland
South-Eastern
Great Northern 25,177 24.327
,Laasaahir• and Yorkshire
tj'istol and Exeter... 6,304 6,616
.terth-Eastern
,21!inchester, Sheffield, and Lincoln 12,229 10,878
west Midland
Great Southern and Western Ireland
ildiaburgh and Glasgow 4 6,092 6,870
;Trand Trunk of Canada
12reat Western of Canada
The above returns are of a most satisfactory cha-
nger, particularly for most of the southern lines,
Iwing to the increased traffic usual on Good Friday.
The Northern lines, however, are 'an exception ;
%I the Midland the increase being only £133, and
°II the North Western £671. On the Great
Western it amounts to £3,533 ; the South Western
to £3,650; the Brighton to £6,796; the South
Eastern to £4,006; the Lancashire and Yorkshire
to £3,175, the North Eastern to £2,019 ; the Great
Northern to £830; the Manchester, Sheffield, and
Lincoln to £1,351. On the Grand Trunk of Canada
there is an augmentation of £1,035.
In the Railway Share Market the dealings has
been to an average extent, and prices have shown
Increased buoyancy, owing to the favourable traffic
returns and the reduction in the rate of discount by
the Bank of England. Eastern Counties, North-
Eastern (Berwick), and South-Eastern have im-
proved ss. ; Great Northern, Lancashire and
Yorkshire, and Great Western, 10s.; and London
and Brighton, £1; Midland, Manchester, Sheffield,
and Lincoln, and Norfolk, remained at about
termer rates.

The Foreign and Colonial undertakings have
been in moderate request, and at a slight improve-
-lent in one or two instances. South Australian
and Lombardo-Venetian realise 121 ; Great Western
of Canada, 11-7, /, and Grand Trunk of Canada, 121;
Great Indian Peninsula have declined to 941.

Joint Stock Banks and Miscellaneous shares sup-
Port previous values. .

BRITISH FUNDS—ONE O'CLOCK.
a
Per Cent. Consols Annuities
44dia Stock
Ditto 5 per Cent
Ditto Enfaced Paper, 4 por Cent 77
Ditto Debentures, 1858
Ditto 1859
Ditto Bonds £l,OOO 3O dis
Console for Account -011 /
Exchequer Bills, £l,OOO, 2d.
Ditto, Small
FOREIGN FUNDS—ONE O'CLOCK
tquador New Consolidated
Mexican 3 per Cent —
Ditto Account
Peruvian 41 per Cent ..
Ditto 3 per Cent 721
Portuguese 3 per Cent., 1853.
Russian
Account
tt46
ussian 5 per Cent. 1822, £ St ..
, Ditto 3 per Cent. 1859..... 6lt
'Panish 3 per Cent.
Ditto New Deferred 4l}
.Parish.„ Cert. of Coup. not funded 5/
'"lrkieh 6 per Cent ..
Ditto New Loan
Ditto Account
Ditto Guaranteed, 4 per Cent.
Ditto Account
.. . . _ .

il Dividends on the above payable in London.
Ibitoh Exchange, 12 Guil. 2k per Cent 64k
'ltclnaontese 6 per Cent.,,Ex. 25f.
TWO O'CLOCK.
Console, Money 9ll
Ditto Account 9ll
May Account

ST. BARTHOLOMEW'S HOSPITAL.—At a meeting
of the governors 9f this institution yesterday morning, Mr.
Thomas Wormald, a member of the Court of Examiners of
the Royal College of Surgeons, was unanimously elected
NI surgeon, after 23 years' serviee as assistant-surgeon,
to St. Bartholomew's Hospital, in the vacancy occasioned
11 the resignation of Mr. B. A. Lloyd. Professor Savory
line-coeds to the assistant-surgeoney.
TROOPS THAT CAN WELL BE SPARED.—TaIk of
recalling the troops from Rome, we wish Louis Napoleon
WoUld recall the troops of Frenchmen and Frenchwomen
that infest Regent-street in the daytime, and the purlieus
°f Leicester-square at night 1 We do not think any person
Would throw the slightest obstacle in the way of their leav-
ing the country. One thing is certain, that the safety as
Well as the respectability of that part of London would be
baaterially increased by their absence. We do wish the
Emperor would recall them.—Punch.
Nearly 300 of the principal inhabitants of
Southampton have signed a requisition to the mayor of that
town to hold a public meeting "to take into consideration
the question of the extension of the franchise, with the
rev? of strengthening the hands of the independent mem-
'%'s of the House of Commons, by urging upon the govern-
kent the importance of passing, without further delay a
%Loprehensive measure of reform." His worship has con-
ried,veith the requisition, and has convened a public meet-
'ns of the inhabitants of the borough, to be held at the
lacildhall, on Monday, the Bth ints., at eight o'clock in the
evening.
The ( nlcial Journal of Naples of the 28th states
that on the preceding day the Post-office authorities
(4eized five sacks of copper money coined in the name of
had
Bourbon" (the ex-King of Naples) and which
-41. Q been sent from Rome by the Messagories. The ad-
dress of the person for whom they were intended was
marked upon them.
The French Government will probably purchase
the
belongs to Francis 11. In fact, negotiations have com-
menced.
Trip
-..—
READING-ROOlf OF THE BRITISH MUSEUM.
reading-room
was yesterday put up at the entrance of the
ea
tosl re ing-room of the British Museum, to the effect that in
Persons having the privilege
ii)f admission will not be
wed to make use of the room for the perusal of news-
papers and other publications which aro not supplied from
abl" shelves of the library. In consequence of the consider-
sa__
_ augmentation in the number of visitors it has been
s_v_tr those who go specially for the purpose of study and
nce are too often deprived of the opportunity of ob-
'l4lue g desks and the necoasaryatteudwo from this cause,