The Sun.
London, England, 1855-10-20 00:00:00

THE MONEY MARKET.

The aivices frcin Paris this morning state that the
advance of the rate of discount yesterday by the Bank
of France was not resolved upon until the telegraph re-
ported the alteration on this side, when it was adopted
to preserve the equilibrium between the two countries,
no change having other wise been intended. If this be
correct, it is an additional proof of the salutary course of
the Bank of England, since it is only by the adherence
of the Bank of France to those vigorous measures, the
early neglect of which has caused much of the present
embarrassment, that the danger of further difficulties can
be averted. The discount-market in Paris, however,
seems to be less unsettled than in London, since, from
the mercantile letters received to-day, it appears that
good bills can be negotiated a half per cent. below this
Bank rate.

It is understood that the prevailing high rates of dis-
count have already had the effect of cawing c-nsiderable
amounts of foreign stock to be sent to the Continent for
sale. A further favourable circumstance consists in the
fact that some portion of the recent drain from the Bank
3f England has arisen simply from a demand on the
part of the Scotch, Irish, and .other provincial banks,
In this manner a large parcel of sovereigns has been
taken away to-day, and it is believed that the total ab-
sorbed in these channels during the past month or two
beyond the usual am .unt is little short of a million ster-
ling, the means for procuring such extra funds having in
several instances been obtained by sales of Exchequer-
bills or Stock, On the other band, against these re-as-
suring circunistences must be set a rumour that the
B ink of France are desirous of procuring an additional
2,000,000/. in gold, and that the future Australian arri-
vals are likely to be purchased to supply it. The mode,
however, in which the credit is to be arranged is not
stated, and. it would be satisfactory if it could be hopEd
that the alteration yesterday in the French rate of dis-
count may be found sufficient to accomplish what is de-
sired, and that the plan, if it has been entertained, will
be rescinded. The peculiar evil of such artificial rnea-
sures is that in 'both countries the reaction from them
must be as mischievous as their first effects, since an
unnatural rebound on one side is as much to be depre-
cated as the ultimate increase of anxiety that must be
felt on the other.—Tinza City Article.

---
SHILLIG:
~,pAy.. 7 Fri-
CP.YSTAL PALACE. ONE
day, Oct. 19 :—Admission on payment 0 -'' do. by
season tickets, 547; total 3,76 v. Corresponding day
last year, 2,481, • '
_A
THE MINES OF MEXICO. _ pamphlet was lately
published.' in Meaice, under the title of "Mexico's
ng
valuetlle (
Foreign Trade since the Conquest ;"it contains some
p4r:talheuc gold
ofld
the gold and silver mines.
interesting statistical details
Thre totalesrect 1
and silver coins struck at
Mexico (the kingdom) from
1521 to 1852, together with articles made from the pre-
cious metals, amounts to 3,562,205,000 dollars. In the
city of Mexico itself the silver coinage amounts to
o, 243,165,000 dollars, and the gold to 111,806,000 dol.
"
lars, together 2,25
was coined or 9'971,000 dollars. The remainder
wrought in the other towns of Mexico,
but the whole of this
colossal sum, with the exception of
100,000,000 of dollars,exported. In the year 1690
the quantity of silver waser coined in the capital was
5,286,000
dollars, and in 1691 it amounted to 6,214,000
dollars. From 1691 to 1700 the quantity diminished,
until it dwindled down to 3,379,000 dollars. After this
year it gradually increased again, till in ISO 9 its highest
point was attained, the coinage for that year being
24,708,000 dollars. In 1537 only 516,000 dollars in
silver were issued by the Miet ; hut in 1838 it rose
again, and in 1852 amounted to 2,770,000. dollars,
Extract of a letter trots Sebastopol :—" The last two
deserters who arrived a IGeneral Sim son's were" Polo
!,E4 to
and a Russian, and both were ix such a conditi
heir
excite the liNeliest compassion among
ofeurt:PonhLters.
Their clothes. were in rags, and the fragments
boots tearcel?f clung to their feet. They came, froul the.,
11 they had to ie at
men were in the same state ; that a
army near B aidar, and they stated that the whole of '.the
was bread o r biscuit and barley, and that they got no
meat, and 1 ad only
~.n,at,lneywhom were drew t)
occasional issluiecse owlquarter ratir axis
of vodka, o. r spirits. When the p ,
of _ s evacuated tbe
English to( ,k 62 inisentrs,o
and asleep amid the ruins 1 1 houses, and they we'll
with shoes or boots.'
The won aided men taken in recent affairs of outposts by
all badly dressed and ill provided
appearance, and th e
facttlie iSsaer's liidniaenn.t
nansleare rapidly deteriorat"
sthPartesthenetntrhisesia
lug in cc mention and in external efficiency. The men
state alai; +,,hey get 31). of bread or lal lb. of biscuit a-day,.
and a I:ttta , barley, which the',' boil into a kind of soup,
and that' that is all their rations. Now and then they
receiya a small allowance of wheat or barley brandy.
They aro kept alive by assurances that the allies ins-1
soon go, and then they will have (poor deluded crea—
tures 1) 1.1 se spoils of the English camp, which is rich 1 /3'
everythi 1 ig but food."