Show u uBANK BANK OF ENGLAND RAISES RATE OF DISCOUNT l lit rt 1 31 The pal naif a of discount of f Hi iii I Hank Bank nf t f wa w raised fruit from m 41 to PT per Ct The To ToI tun iii I t haul h l ticen e n p at as a e tot fon MUI KIlo ln having hlf I nude made 4 thi tho Bat Bk Bark k of Mock f fM M 1 by the from fm America Amr anil the th Ih rl 1 t In the tb discount el rati Ml of the th Imperial bask bank of or Germany tine Pine list la it th tM United altet States about abut 50 In gold cold from frum the flank Bank of Eiland and In the thu th open market and anti the thi tl banks bank ra py hm b boon been below blow 1101 whIch was wai IO higher than th at this Ihl time Ume tact mat Jt year It when the ti bank rate rte wai wa 1 C S per r cent nt It I was wu hoped hl early sarly rl In this the t h month mon II that Ila I th the Bank Bak of or England Enan might finiSh the year yr with without without out the rate rt but bt the tl finan Inti financial Ina cial dal flurry lurr in America Upset their cal oal o s and uR unwelcome pre prea pl u here n ce I h hr measures r Apart front from fm th the tima American Amerlan demunda the Egyptian r for fur th th movement of the th huge bu cotton trap of that country have yet et to 10 he be b satisfied aUle and ad ironer on wanted In and nd Germany Gny Should II London require it to be b agreed A that ParIs will wi help to Ic the tl nt of tf o t 00 0 In gold tola in nc for tIlla bi this hl heing similar Imn to the Ute trana tran action acton of or last I year r when th the Amen Ameri American can n demand for to gold d was waa no su keen k This l friendly an on o the past part of o the Rank Bank of France Franc Fn and an the te tact fact ft p that tbt the th d States this 11 year ar afforded ol much help to tn the t American market during the I rin probably kept I the tb Rank Bank of England BriKland authorities fe raMna rl the discount rate rte to I 8 IThe per pm ent nt The announcement of at o th the higher bank rat rt rate put an U end and Dd to t the tl which hat h been hangIng R ov iwer r th tb the exchange for t ammo days day da and Ind was WI the Ur signal for a f I a ral Improvement Americana American at noon stood two to t six lx Ix I Io points point above bv ye ra closing caln price this being more mor than a point nt over Of par parity pr parit ity Iy it Union tinion and It t Paul Pul led le the tb rally rU Copper were w In good food p demand The rho r market which under the Influence of or overnight rally rUy In th the New Nw York Yo mar market mr hot ket and nd the monetary mnary outlook ot was waa more mor satisfactory had hall a greater ap appearance 11 tint time paM u past put of cheerfulness than i r some ome |