The Sun.
London, England, 1854-10-14 00:00:00

MONEY mAaKE

AIM
COMMERCIAL INTELLIGENCE•

TVVO o'CLOCK.

The cotton market at Liverpool yesterday was
moderately active at steady prices. The sales
comprised 7,000 bales, including 2,000 on specu-
lation and for export. The Railway share Mar-
ket was depressed, with a decline in some instances
of 4to per cent.
The bullion held by the Bank of England during
the week to the 7th inst. was slightly diminished
notwithstanding the imports, and it is to be as-
sumed that the amounts received from abroad had
not then been paid in, although enough has been
received since to augment the total. The payment
of official salaries or disbursements appears to have
already commenced, as the public deposits were
rather smaller ; their first reduction, in fact after
the maximum point of the quarter. The de-
mand for money is evidenced by the reduction
of private lodgments, but as respects the secu-
rities, there was a diminution arising from the
ordinary repayment of loans before the transfer
books re-open. The discounts of the Bank are
already sufficiently large, considering the quiet
state of trade and the absence of speculation. The
next return will present numerous changes, in-
duced by the dividend payments. Compared with
the previous week, the changes, up to the 7tu
inst., were as under
Active circulation
Decrease
Bullion
Decrease

£19,959,015
5,905
... 12,972,466
87,404
Rest
Increase
Public Deposits 5,766,065
• Decroase 20,517
Other Deposits
Decrease 325,470
seven-Day and other Bills
Increase 29,086
Government Securities 11,015,466
Increase '
Other Securities 16,677,317
Decrease
Notes unemployed 6,391,015
Decrease 108,365
Yesterday afternoon the rates of exchange were
not quite so well supported as regards bills upon
the principal Continental cities. Paris, 90 days,
went at 25 35 to 371, Amsterdam at 11 17"/ to
18±, Hamburgh at 13 7 to 71, Trieste at 11 45 to
50, and Frankfort at 118'4 to -K..
Bar silver is at ss. lid. per ounce, being id,
lower.

The exports of bullion direct from London during
the week to Thursday last comprised 1,935 ounces
of gold and 37,615 of silver, all to the Continent.
The ship Saldanha, from Port Philip, arrived at
Liverpool, brings 129,0001. in gold. The amount
on bpard the Queen of the South is 554,100/.
Some heavy payments fall due next week. On
Monday there will be 15 per cent. payable on the
second 1,000,0001. of the Turkish Loan ; on Tues-
day 20 per cent. is payable on the A series of the
2,000,0001. of Exchequer Bonds, and on Friday
20 per cent. on the first issue of 2,000,000/. of the
Turkish loan. The exchanges next week will
therefore, in all probability, decline.
The letters from the Continent furnish no cora-

menial news of interest.
The English Stocks have been flat, the reduction
in the amount of bullion held by the Bank being
the main cause, although there is obviously au
excess in the supply. Consols have been 95 to 1
for transfer and account. The New 31 per Cents.
have realised 91 to 94k, and the 3 per Cents. 931
to 91. Exchequerßills have been 4s. to 75., and East
India Bonds 10s. premium: The Bonds of 1859
have been done at par.
In Foreign Stocks the dealings a(re unusually
limited, and quotations are nominal. TransactiOns
are officially recorded in Brazilian Small at 991,
in Spanish New Deferred at 181, and in Turkish
Scrip at 21 to 3. These constitute the entire busi-
ness of the day up to the period of our writing.
The following.are the nominal prices of foreign
stocks :—Grenada Deferred Bonds, 5 to 6/ Mexi-
can, 241 to 25 ; Peruvian, 71 to 73 ; ditto, 3 per
Cents., 51 to 53 ; Portuguese 4 per Cents., 40 to
42 ; Russian 5 per Cents., 96 to 93 ; ditto, 4A per
Cents., 84 to 86 ; Spanish New Deferred, 181 to
19; ditto, 3 per Cents., 372- to 331- ; ditto, Certi-
ficates, 5 to 51 ; ditto, Passive, 4g- to 4a.
The Railway Share Market has become de.
pressed. There is a decline of 1 to l 4 in
North Western and Midland, of to in Cale-
donian, and of to 1 in Great Northern. Great
Western are tolerably firm. The foreign lines
have been firm, and Great Luxembourg rather
higher.
Mining Shares are dull, and also Banks. The
Crystal Palace have been firmer.

BRITISH FUNDS THIS DAY AT ONE O'CLOCK.
( From the Official List.)
Business done.
3 per Cent. Reduced Annuities.... ......... 934 431 x d
3 per Cent. Consols Annuities 951 5
New 3 per Cent. Annuities
,
Long Annuities, Expire sth Jan., 1860
India Bonds, 1:1000
Consols for Account 17th Oct.
Exchequer Bills, 2/d.
£lOOO
2500 4 7 p
Small 4 7 p
Exchequer Bonds 1858, 3 per Cent. —
Ditto 1859, „
• PRICE OF FOREIGN FUNDS AT ONE O'CLOCK
Brazilian Bonds, 5 per Cent —
Ditto Small
Spanish Bonds, 3 per Cent —
Ditto New Deferred, 3 per Ceut l.Bl
Turkish Scrip 6 per cent
Dividends on the above payable in Loudon.
TWO O'CLOCK.
Consols 95 •
Ditto October Account

plan.—Saunders'sNews Letter.
A PROMISING FAMILY.—A. child, aged three years,
belonging to a woman named Henry, died near Toome,
Ireland, a feW days ago, from intoxication ! The grand-
mother, mother, and aunt of the child were all drunk
at the Dame tine.--Northern Whig.

The East India and China Association have received
20
an intimation from the Post•office that, in consequence 100
of their representations regarding the inconvenience 20
sustained from the present arrangements of the mail 5
gervice between this country and Calcutta leaving too
short an interval at Calcutta for the return correspon- 20
dence, the Postmaster-General has been in communica-
tion with the Admiralty on the subject. The result is
that new tables have been sanctioned under which an 2(
extension of four days will be afforded to the inhabi-
tants of Calcutta for answering their correspondence,
bu ttae date when the alteration isao come into effect ''
3
temains to be determined. , 1
HONG KONG.—Additional telegraphic despatches from
Hong Kong yesterday mention that the exports of new
tea to date were 13,000,0001 b., and of silk 2,200 bales.
The insurgents were still attacking Canton, fed were in
possession of the whole of the surrounding country, the
general expectation being that the city would be forced
to yield. There had been no more arrivals of tea, and
some which was near Canton had been taken back into
the country. At Shanghai there had been large settle.
ments of green tea. In silk there was little doing, and
prices were high for the finer descriptions. Samqua had
been dismissed from office and ordered to Pekin.
Loss OF A SWEDISH STEAMER.—COPENHAGEN, Oct.
13.—The SweduSh GovernMent steamer Gylfe, returning
from Norrland, was totally wrecked on the sth inst.,
near Orefrnndsgripet. The crew were saved.
The advices from Spain mention, as a favourable cir-
cumstance for the interests of the foreign bondholders,
that Don Luis de Mariategui has been elected deputy
for the province of St. Sebastian. He has been much
in England, and has connections with many of the prin-
Cipal firms of London and the Continent. The present
Minister of Finance was also among the candidates for
the province, but was unsuccessful.
The total value of the gold and sovereigns reported
from Australia yesterday, is 554,1001., the Queen of the
South steamer from Sydney and Melbourne having
64,000 ounces and 160,000 sovereigns ; the Saldanba,
33,072 ounces ; and the Templar, 1,080 ounces and
1,500 sovereigns. In addition to this the Severn, from
Brazil, has brought 16,0001., making an aggregate of
570,0001.
According to the advices from Liverpool the affairs of
Mr. M‘Henry have been thrown into Chancery by some
relatives and there is little prospect of more than a
• fractional dividend. The expectations lately entertained
of a good arrangement of the affairs of Mr. Oliver seem
also to have been abandoned. •
AMERICAN RAILWAYS. The Old Countryman, of
Canada says :—"lt is computed that the
ation re will be twent
nitedy-
one thousand miles of railway in oper i the U
States upon the first day of January next.
11l The longest,
railway upon the surface of the globe is thelllinois Cen-
tral, which is 731 miles in length, an rapidly approach-
ing completion."
ROYAL DUBLIN SOCIETY'S SCHOOLS OF ART.—We are 11
gratified to have it in our power to announce that the
highly valuable schools of this society are likely
im topro beved re-
opened on the Ist of November, under greatly
arrangements, which cannot but prove highly advanta-
geous
to the students of art in this city. We understand
that provision is made for the searate instruction of
students of the higher classes of society in the proposed
_