The Sun.
London, England, 1854-04-13 00:00:00

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AND
COM MER CIA L INTELLIGENCE.

QTTNT, TWO O'CLOCK.
The sales cf cotton at Liverpool yesterday were
estimated at 8,000 .hales, of which )1,500 American
weretaken for export and on speculation. The prices
for all kinds were fully supported, and solid Ame-
rican at 's='-id.'to 6d.-were a point against the buyer.
Thesaleecomprised 6,000-American ; 1,000 Pernam
and Maranham, atigtd. to 200 Egyptian, at
611 f., to nd. r4OO Surak at :II to 4d. ; and 220
&a Island, -at Bd. ::to'.ls. 4d. per lb. Railway
Shares weft steady..' •
The produce markets dose this evening for the
Easter holis*s, and tusbieis throughout the
week has/teen conducted on a very protracted
scale. 'Even Russian staples have declined, clean
hemp being barely at 70/., while Jute yesterday
afternoon fell V. to 11. 101. per ton. The demand
for tallow was a little-brisker on Tuesday, but the
itnProvemeht then •gained has been lost again.
There is a large account iu this article to be ar-
ranged in a few days, and preliminary thereto we
must :expec. t- a- disinclivatioil to enter into fresh
transactious. • , -

. _
, The • advicei by the Overland Mail, by way of
Nlars'eilles, have been delivered ; the Southampton
Portion of the mail coming through France like-
wise, probably in Consequence of the vessels of the
Oriental Steam_ Navigation Company having been
, taken .up by Government so suddenly as tempo-
rarilY to interfere with the• accustomed regularity
of the service. The commercial markets at Bom-
bay and Calcutta were rather dull for imports, and
money, especially at the former place, was dearer,
the banks having raised by 1 per cent, their rates
et discount.

From Ceylon we have the interesting, and, as
the result may yet show, the important fact re-
cordd, : that tl4e discoveries of gold have been
roade. An official report has been sent home
Upon this subject .to the Colonial-office, and, al-
though s drawn up hurriedly, it is reliable, as far as it
an& calculated to awaken earnest attention.
appears.lt that Mr. M'Cartney, the head of the
"liee-service, and Mr. Perna, the Assistant Go-
vernment agent, had_visited the locality, and wit-
liesseclat the •diggings the washing of two pans of
•earth thatcontained very many minute particles of
'gold. The report is dated Yattegodde, March 11.
The •
Place.iis 40 mileS from Colombo, near Girooele,
°Li the road fromNegombo to Kornegalle. A good
'carriage road-runs all the way from Colombo to the
Zen &dtistn. There is no.precise information as to
6 quantity. of .gold which the earth contains,
1
je .ei'sumed that It cannot be insignificant,
?seeing that tl_e sailors who made the discovery,
and are 91d Califs). rniam and Australian diggers con-
.lllfled at work;
In discissino. tlid Bank Act of 1844, in theory
and, Pradti6e; Circalar shows by
;figures the great vicissitudes of the year 1847, and
1748 very pertinently why the arbitrary amount of
even milliong- sterling owing by the G-overnmen',-,
'tithe Bank Slionld form the chief portion of the
4kilirity for its issues. According to the statistics
Riven, the amount of gold in the issue department
In :1847, varied from 7s. ld. to 11s. 9d. in the V.
in proportion to the notes in circulation. For 19
,eel'is there was a gradual decrease in the amountof
rld.in the Issue Department tothe extentof nearly
five millions sterling. After the most stringent
leas urea by the Bank, there was an increase during
the n ext six weeks, and then the drain recognised
Went •on, with the exception of two weeks, to the
4,,dd October, when the decrease was 42 per cent.
'hell came the memorable Government letter,
Which :restored confidence, though it destroyed the
notion of the infallibility of the Act of 1844. Ac-
,e°l4ing to the general belief, the Bank must, in 48
hours from that date, have declined all further
tliscounts, although it had at the time nearly seven
millions isterling in its coffers.
The Note Circulation of the private banks of
England during the week to the 25th ultimo., was
3806,983/. against 3,770,6831. in'the present week.
Tuis is about 800,0001. below the authorised issue.
The circulation of the Joint Stock Banks of
England in the week to the 25th ultimo, was
3137,318/. against 3,093,1891. in the present
Nyeek. This is about 188,0001. under the autho-
rised issue.

At the half-yearly meeting of the Royal Mail
Steam-packet Company, this day, a divi lend at the
te of 2/. per share was declared. There was a
diminution on the whole year of 1353, am )un-„ing
'4'19,791/-14s. 7d. The balance of profit and loss
*a% 71,118/. 2s. 6d., leavinz 29,6801. for dividend,
and a reserve of 41,4381. 3s. 6J. The report was
1/410Pted„
'The English Stock Market has been less excited
I!' the absence of any important news. Consols
g4`i7re been up to 88 and 881, and are now 87i to
torßank Stock is at 215 to 2161. East Indian
toek is at 224. Exchequer-bills are at ls. to 4s.
pre
—inn; and India Bonds at 4s. discount-to 2s.
Pre •
Ininin• The New 3f per Cents. have been 87i
IQ 88.
The
Foreign Stock Market is extremely inani-
Frttelciaatind prices are for the most part nominal.
Three per Cents. are steady, but dull at
e4e) and kiardinian firmer at 79. Russian Five per
...unttstilreThhreeaevy at 92, being per cent. lower,
per Cents. have not been dealt in.
e'rifench Three per Cents. are 90 50, with the ex-
A alige at 24 90. Dutch, Mexican, and South
'll4.erican securities generally are neglected.
to-ultlip last week's railway receipts twined up
is day are in round figures as under :
1854. 1353.
ITeat western £23,153 £20,481
•
"tth-West rn
hrut
.21,1 ern
12,963 11,492
ollth-14.1ast 16,047 13,737
oz.l ern
',reontln, and Edin. and Glasgow 15,004 12,775
i .
.s‘tt N..rthern 17,127 14,423
i'on_ie,ashire and Yorkshire
'sand NorthMidland,Newcastle andlierwick, and Leeds Northern 5 26' 985 24,157
4ailway Shares are dull, and the quotations are
,-(3Ping; Caledonian have receded about 55.,
aeat Northern 10s. North-Western ss. to 10s.,
„nd the others in the same proportion. • French
I.,..nares are entirely without movement. Great
western of Canada are firm.
ti Mining Shares attract scarcely the least attei.i-
-n.
Agua Fria are ss. better.
union of Australia Bank Shares are 10s. higher.
In the Laud Companies' no transactions have
taken place.

BRITISH FUNDS ZEUS DAY AT ONE O'CLOCK
(Prom the Official Lig. )

nIIRIT/P.4 +.OllO
13,, al* Stock
2 per Cent. Reduced Annuities„_.... . ... 87 6f
tPer cent, Consols Annuities ............ .. . 86 7
ew 3i per Cent. Annultles .................. 88 74
4,.11aia Stock ....................................... 224
4-nclia Bonds, £lOOO . ........ .
Bitto, under £lOOO .•••••.:.. 2p 4 d
Cousols for Account 18th April ............... 87f 87i
ElEehequer Bills, 2d.
£lOO
2500 4 &nail 1 pp
PRICE or FOREIGN FUNDS AT ONE O'CLOCE.
l.rujian 3 per Cent. ................... ,
43
Bar -:an Bonds, 1822, 5 per Cent. £ St
dinian Bonds, 5 per Cent.. ....... •
79
Dlvidenls-on the %hove payable in Lonlon.
Tench Rentes, 4 per Cent.
HALF-PAST TWO.
S7i
874

Consols
Ditto April Account ,

a TIOLID,,,YEI AT THE LAW OFFICES.—T
~-43') the i t
his day (Thurs;
as in( es chambers, and 0 ces
cotrts, will be closed until Wednesday next.
TiaE 'DAY OF PRAYER AND HUMILIATION.—The clay
th43l' Prayer and humiliation, fixed for Wednesd:ty week,
ilee.26th instant, will, it is understood, he observed by
6,4..cic'sing of the courts and offices connected with the

(Jenny
LIND AT BERLlN.—Madame Goldschmidt
Und) gave her third concert on the Bth instant,
at the Grand Redouten Saloon at Berlin. Upwards of
MOO Persons were present. The concert went off with
14114.Menst• eclat.
iiii4nADAmE TIISSAIJD'S EXHIBITION.—An admirable
7,11'44 Lieututiant General Sir Archibald Macleane,
has just been added to the numerous heroes
now Tepiesented. This gallant soldipr is the only officer
h°ll alive who served with the Duke of Wellington in
tae s earliest campaigns in India. He was engaged during
rmtiole of the campaigns in the south of Spain, and
n],:e(l also at the Cape of Good Hops and the
West
stile;, ' At Mata.trorda, near Cadiz, he greatly distin-
, ,'" 1 himself, by. keening at bay 8,000 of the enemy
114.tralial Souit for two mohths, with. about 150
'nen.