The Sun.
London, England, 1852-04-09 00:00:00

MONEY and COMMERCIAL NEWS.
CITY, TWO O'CLOCK.
This being Good Friday is a strict holiday at the
Bank of England and other public offices, the subscrip-
tion-rooms and similar places of resort are closed.
Tho Cotton market continues dull.
The supply of produce hat been limited this week and
prices have undergone no alteration of importance,
though many articles, including coffee, tea, rice, and
cocoa, have been somewhat cheaper. Cotton has been
dull, and cochineal and dye stuffs have rather tended
upwards. The markets closed this afternoon for the
Easter holidays and will re-open next Wednesday.
The transactions in bills of exchange were effected
yesterday afternoon, as customary the day preceding
Good Friday, and the rates were fully supported, being
25 55 to 57i on Paris, 12 11 to 14 on Amsterdam,
13 11 to 11 on Hamburgh, and on Trieste 12 50 to 55
for 90 days' paper.
A very interesting letter has been addressed to Mr.
Thomas Baring on the effects of the Californian and
Australian gold discoveries by a merchant well known
here, Mr. Frederick Scheer. After going into the ques-
tion, Mr. Scheer sums up thus:—
" A hasty recapitulation of the foregoing suggestions
may facilitate the inferences to be drawn from them.
The large amount of new treasure admits of no dispute
(II.); but we must not form our judgment on this single
fact nor on the experiences of former times (III.)
Abundancl of money does not necessarily constitute a
hgher range of prices (IV.), the purchasing powers of
the precious metals seem to stand in no direct relation
to their cost of production (V.), and these metals
are but a small and indefinite part of the great
mass of circulating medium (VI.) Even if prece-
dent were to be our guide the records of former times
are obscure (VII.), their correctness and the inferences
drawn from them may be fairly questioned (VIII.), aad
analogy is not to be trusted when in our days very ano-
malous fluctuations of prices have run counter to popular
opinion or theoretical deductions (IX.). Altered cir-
cumstances, though they do not militate against the
ordinary principles regulating demand and supply (X.),
exhibit society under altogether new aspects (XI.). Pro-
duction, as it proceeds in modern times, is stimulated
by demand into a kind of self-propagating power, fur-
nishing progressively more abundant and cheaper sup-
plies, not only of articles of manufacture (XII.), but of
raw produce and food. by improvement and extension
of culture (XIII.). Even the general aad considerable
increase of consumption in England beyond the nume-
rical growth of the people has been accompanied by
larger supplies and lower prices (XIV.). India and
China add new producers and therefore new purchasers
of the precious metals to those that are considered to
constitute the civilised world (XV.) Finally, the in-
herent worth of these metals, which is indestructibility
(XVI.), and their use and waste in various ways
(XVII.), must have considerable weight in this inquiry."
Messrs. Schreier and Mummy's Circular, dated New
Orleans, March 13, and published by Mr. James Irvine,
of Liverpool gives the following particulars of the state
of the Cotton district:—"ln our Circular of the 28th
ult., we noticed continued activity in our Cotton market,
at firm rates. The demand since then has again been
good; the transactions, however, less extensive, in con-
sequence of extravagant pretensions on the part of
factors. Within the last few days freights have mate-
rially improved, and there being some difficulty in secur.
leg engagements readily, the market now is rather lan-
guid, and prices kc. to 4c. lower for some grades from
the highest point during the fortnight. The sales
amounted to 52,100 bales during the first, and 40,209
bales during this week, against 106,000 bales, receipts
during the same time. All our streams being navigable
now, the arrivals have been large, as might have been
expected; this circumstance, we find, is made the pretext
for large crop estimates, which we cannot endorse. On
the contrary w e consider them premature, and only cal-
culated to mislead the opinion of those interested in the
trade. Our latest accounts from Liverpool are to the
28,h February. We quote—ordinary to good ordinary,
6i to 6j; low middling, 7-1- to 7f; middling, 7i to n;
port,ln
er Increase
308f5 receiptsbales
good, middling, 8; middling fair, 8i to 8i; fair, 8 to Bi.
Sales during the 2 weeks, 92,300 bales. Receipts at this
at againstall
p0rt5,744,8 26809b,7a9l e3s
bales,
lastales year.
In-
crease of total exports to Great Britain, 129,264 bales.
Increase of total exports to France 36,460 bales, and to
other Foreign ports 1,319, against last year."

MARKET NEWS.—(THIS DAY.)
srarrErzszas.
As is invariably the case on a Good Friday, the sup-
ply of beasts on offer in to-day's market was limited ;
nevertheless, the demand for all kinds was in a very
depressed state, at barely stationary prices. The num-
ber of sheep was small. Prime Downs were in moderate
request, at full prices. Otherwise, the mutton trade
was heavy, but no decline took place in the quotations.
We were fairly supplied with lambs, the general quality
of which was good. The private qualities sold at late
rates. Dorset and other kinds were a slow sale. Calves
and pigs were in short supply, and heavy inquiry, at
almost nominal currencies. In mulch cows, next to
nothing was doing.

Per Illbs.to sink the offal.

I. d. to s. d.
inierlor Scutt!..." 2 2 2 4
iecond quality • • • • 2 6 2 10
?rime large Oxen.. 3 0 3 2
Prime Scots • • •• .. 3 2 3 4
Large coarse Calves 3 0 3 8
Primesrualldltto .. 3 10 4 2
Suckling Calves —l9 0 24 0
Lambs •• •• •• •• •• 4 3 6 0

S. d. to 8. d
Inferior Sheep .... 2 6 2 8
Second qual. Sheep 210 3 4
Coaree-woolled ditto 3 6 3 8
Southdown Wether 310 4 2
Ditte out of the wool 0 0 0 0
Large Hogs •.•• • • 2 6 8 6
Small Porkers •• •• 3 8 3 10
Quarter old Pigs •• 16 0 19 0

TOTAL SUPPLY AT MARKET.

Roasts.
509

I Sheep. I Calva.
6,900 110
FOREIGN SUPPLY.

I rim
I 200

Bmsts.
110

I Sheep.
250

I Calvos.
48

I Pigs.

NEVTGATII AND X.DADENNALL.
The supplies being large, the general demand ruled
heavy, at barely stationary prices.
At per stone iv the Carcase.
- I. d. to s. d• i s. d. to e. d
Beef, Inferior...... I 10 2 2 , Mutton, inferior •• 2 4 2 6
- middling • ... 2 4 2 G -- middling •• 2 8 3 0
- primelarge .. 2 6 2 8 , --- prime .• •• 3 2 3 4
prime small .. 2io a 0
1 Pork. large ••• • •• ••2 4 210
Vos.1•• •• ...• ...... 3 o 4 01 - small .• •• •• •• a 0 a$
Lamb, 4s fid to Ss Bd.

"PLEASURE GROUNDS" ON KENNINGTON

COMMON.
There is a Bill in the House of Commons (yesterday
printed) to empower the Commissioners of her Majesty's
Works and Public Buildings to enclose and lay out Ken-
nington-common as " pleasure-grounds" for the recrea-
tion of the public. The Bill was brought forward by
Lord John Manners and the Marquis of Chandos. The
Prince of Wales, in right of his Duchy of Cornwall, is
seised of the manor of Kennington, in the parish of
Lambeth :—" And whereas, the said pieces or parcels of
land aro now open and uninclosed, and it has been re-
pr unted to her Majesty by the Council of his said Royal
Highness that it would tend greatly to the comfort and
benefit of the inhabitants of the district in the neigh-
bourhood of the said common if the same were enclosed
and laid out as pleasure-grounds for the recreation and
enjoyment of the inhabitants of the said district, and
others resorting thereto, subject to such regulations as
may be necessary tor preventing nuisances and improper
practices therein, and for that purpose, that the Commis-
sioners of her Majesty's Works and Public Buildings
have caused a map or plan of the said intended improve-
ments to be made," &c. There are eleven clauses in the
Bill, embodying the spirit of the preamble. It is pro-
vided that the map or plan, after having been authenti-
cated in duplicate by the signature of the Speaker of the
House of Commons, shall be deposited in the office of
the Commissioners, and in the office of the Duchy of
Cornwall, and the map or plan so deposited shall remain
at the said offices, to the end that all persons may at all
seasonable times have liberty to inspect and peruse the
same at their will and pleasure, paying the sum of is. for
every such inspection. The Commissioners are to be
empowered to purchase the toll-house, and the Commis-
sioners may accept subscriptions for the purpose of lay-
ing out and improving the enclosure fur the recreation of
the public. The common is to revert to the Duchy of
Cornwall, if not maintained as pleasure-grouuds for the
recreation of the public.

ROYAL ASYLUM OF ST. ANN'S SOCIETY.-A ge-
neral court of the governors of this charity was ,held yes-
terday afternoon at the London Tavern, Bishopsgate-street.
The report of the committee had taken into consideration
the cases of the orphans who were left destitute in conse•
quence of the destruction of the Amazon, and also of the
orphan family of Mr. Cumming, late surgeon at Buxton,
and had resolved to propose the admission one child in each
case into the asylum. It was also proposed to assimilate
the mode of conducting the elections to that practised in the
London Orphan and the London Infant Asylums. On the
motion of Mr. Bernard, and seconded by Mr. Eagleton, it
was unanimously resolved, that John Blake, son of the late
steward of the Amazon, and Henry Cumming, one of the
seven children of the late Mr. Cumming, should be admitted
into the asylum without being balloted for. Mr. Chaffers
proposed, and Mr. Eagleton seconded the following resolu-
tion :—" That the rules of the charity be altered so that in
future every subscriber, instead of voting for each of thir-
teen candidates, will only have one vote fq. each guinea
subscribed for one candidate." The court was then adjourned
till Saturday.

SEAMEN'S HOSPITAL SOClETT.—Yesterday, a
quarterly court of governors was held at the office, No. 74,
King William-street, City, Mr. John Labouchere, treasurer
of the society, in the chair. The Hon. Captain F. Maude,
R.N., John Wild, Esq., Captains Dixon, Farrer, Probyn,
and Madden were among the governors present. The re-
port of the committee for the last quarter stated, that
within that period 700 in-patients had been admitted, and
338 out-patients had received medical treatment; of the
former twelve were from her Majesty's ships, and 528 from
British and foreign merchant vessels. The number dis-
charged amounted to 585, and 107 now remained in the
hospital. The financial account for the past three months
showed the receipts, including former balance of 5501. 143.
3d., donations and subscriptions, 6071. 19s. 91, dividends,
6301., to be 1,9571. 7s. 5d.; expenditure, 1,2871. 12s. 9d ,
leaving a balance in hand of 6691. 14s. Bd. The Duke Of'
Northumberland, who, it was announced, had consented
accept the office, was elected president of the institution, itno
the room of Lord Melville, deceased. The report having
been adopted, the proceedings terminated with a Vote of
thanks to the chairman.
THE BRITISH COLONlES.—Yesterday
ob-
tained by Sir W. Molesworth,
ing 9 a return,
pnd ages,
imp or conta
tsining
from and an a eachtocc of the value
was printed
seexoftetnhdeextpoorBts
s
a colon
each of the lye latest years for whY of Great Britain in
made up, and the quantities and d Ida the same could beh
and Irish produce and eclared value of Britis
producewanufactures, and the ofquantities foreign and colonial exported from the is a
kingdom to each colony, from 1846 to 1850. e
mass of figures in. the rlenturn, showing quantities im-
ported and exported.
British and Irish produce
the United Kingdo 1846, the totalthdeecelxarpeodrt
and manufactures
cies was 17,35,211128/Ivedalaferomof
1847, 15.919,9761. ; in 1848,
o,th.e British colonies and dependen..
13,691,4834; in 18.491 n 16507,714/. ; and, in 1850,
19,432,559/.
in the last five 1 3211 b. in 1846 ; 2,917,0331 b.
Tybeeagrusan:eirtiees2,ofst,ea exported to the colonies,
in 1847 • 1,914,3461 b., in' 1848 ; 2,456,1961 b. in 1849 ; and
21815,4341 b, in 1850.