The Sun.
London, England, 1854-11-11 00:00:00

'IONEY MARKET

AND

COMMERCIAL INTELLIGENCE.

CITY, TVC 0 O'CLOCK.
The sales of cotton at Liverpool yesterday were
estimated at 7,000 bales, including 1,500 American,
taken for export and on speculation. The market
was firm and steady, without animation. Railway
Shares were again lower.
There were several important changes last week
in the monetary balances of the Bank of England,
with a curtailment of discounts. There was never-
theless a reduction in the amounts credited to
private depositors, so that the demand for cash
apparently declining on the one hand was increas-
ing on the other. The Government had a larger
sum at disposal, but this would seem to have been
in part provided by borrowing upon deficiency
bills, since we find the item " Government
securities" considerably swollen. There could be
only one other explanation, viz.—that the Bank
of England either bought Stock or Exchequer Bills,
.or lent upon them to private holders. Seeing the
greater inquiry for cashs in the " house," it is
just possible the last supposition may be right;
Finally, the bullion again diminishes in amount,
although the heavy arrivals warranted a different
expectation. Compared with the previous week
the changes are as follow :

Active circulation £20,603,610
Decrease
Bullion 13,525,026
Decrease 56,400
3,136,875
4,328
2,858,100
952,587
10,932,023
509,488
10.20,999
9,645
11,524,492
563,730
14,155,089
401,823
6,366,340

In crease
Public Deposits
Increase
Other Deposits
Decrease
Seven-Day and other Bills
Decrease
Government Securities
Increase
Other Securities
Decrease
Notes unemployed

Increase 279,915 11i
There was a decline yesterday afternoon in the
rates for bills of exchange upon some of the prin- 20
cipal Continental cities. Paris, 90 days, was taken 10
at 25 30 to 35, Hamburg at 13 6to 61, Amsterdam st!
at 11 17 to 17k, Trieste at 12 10 to 15, and Frank- 50
fort at 118 k to 1181. 40
25
Bar silver is at ss. lid. per ounce standard. 25
Five franc pieces are ss. to ss. od. Spanish Pil
Sl 2e
lar (carolus) dollars 6s. per ounce. st.

The amount of specie shipped from London direct
during the week to Thursday last, comprised
111,723 ounces of silver, and 2,866 of gold, all to
the Continent.
The effects of the decree by the French Govern-
ment prohibiting distillation from grain are most
satisfactory for Belgium. A distiller of Liege using
ordinarily 360 hectolitres of grain, weekly, has
doubled that quantity, and will this week consume
at least 700 hectolitres.
The receipts of the Namur and Liege Railway
from the Ist January to the 31st October this year
are given at 2,078,482 francs, an increase of
412,068 francs compared with last year. A project
has been approved by the Charleroi Chamber of
Commerce for a railway from that place that will
bring the oil and metal districts into direct com-
munication with Flanders.

There has been a very agitated market for public
securities, and a further decline of Ito per cent.
has occurred. Consols have been 93 to 4, and
since 92i for transfer ; the account prices having
been 931, and since 92/. The confirmation of our
serious losses on the 25th ultimo has caused a de-
pressed (feeling, although the ultimate issue, with
the large reinforcements going out, is scarcely
to be doubted. The fact has transpired also
that the National Debt Commissioners have
been selling stock in order to take up the
last series of Exchequer Bonds, amounting to
2,000,000/. Exchequer Bills are ss. to Bs., and
India Bonds 11s. to 14s. prem. East India Steck
has been at 232±. The New 3 per Cents. are 91i I.
Stocks are now better. Consols 93 to 4.
Foreign Stocks are declining, owing to the fall in
our own inarket. The Spanish Threes are 37/, and
the Committee's Certificate has been 54 to Mexi-
can Bonds have been 211 to 22, or 4to worse.
Russian 41 per Cents. are 84 to 85.
Turkish Scrip has been as low as 2 to 21 dis.
The following are the nominal prices of foreign
stocks :—Grenada Deferred Bonds, 54 to 54 ; Mexi-
can, 21.1 to 22± ; Peruvian, 68 to 70 ; ditto,
3 per Cents., 48 to 50 ; Portuguese 4 per Cents.,
40 to 42 ; Russian 5 per Cents., 95 to 97 ; ditto,
45 per Cents., 84 to 86 ; Spanish New Deferred
184 to 18,1 ; ditto, 3 per Cents., 374 to 38 ; ditto,
Certificates, 54 to 5-2. ; ditto, Passive, 44 to 41.
The Railway Share Market has been about
per Cent. lower, and the Midland and one or two
other lines have receded even more. For the mo-
ment sales are pressed, and buyers hold back.
Foreign shares are dull.
The Mines are nominally the same, and the Banks
somewhat lower. Van Diemen's Land are in re-
quest. Crystal Palace, heavy.

BRITISH FUNDS THIS DAY.—CLOSING PRICES,
(Prom the Official List.)
Business dens
3 per Cent. Reduced Annuities 9li i
3 per Cent Consols Annuities 93 * 21 31'
New 3 per Cent. Annuities
Long Annuities, Expire sth Jan., 1860
India Stock
'ndia Bonds, 13000 ....... .•••• l4 11
Consols for Account 14th Noy.
Sachequer Bills, 20.
;f1 w 5 8 p
000
2500 5 8 p
SmaP 5 8 p
Exchequer Bonds 1858, Si per Cent. —
Pitt* 1859, „
71.71—tICE OF FOREIGN FUNDS THIS DAY.
Brazilian Bonds, 5 per Cent 93 n
Equador Bonds
Niexican 3 per Cent.
Peruvian Bonds, 43/4 per Cent. --
Ditto 3 per Cent.
Portuguese Bonds, 5 per Cent
Ditto 4 per Cent
Russian Bonds, 43/4 per Cent
Spanish Boards, 3 per Cent —
Ditto for the Account 373/4
Ditto New Deferred, 3 per Cent -
Ditto for the Account lB
Spanish Committee Cert. of Coup. not fun 6i I p c
Turkish Scrip 6 pef cent —
Ditto for the Account 2l 2 3 2 3/4 i d
Dividends on the above payable in London.
Dutch Exchange, 26 per Cent. 12 Gull —
Ditto 4 per Cont. Certifieates..„,~
TWO O'CLOCK.

.. 49

Consols
Ditto November Ace°,3nt • 93

HEIGHAII HALL LUNATIC A.SYLLIM.—We understand 20
the Commissioners of Lunacy are in the city. At pre-
sent we have not heard of any public inquiry on the
matters in dispute regarding the County er the Heighani
Hall Lunatic Asylums, nor have, we believe, the visit- 20

ing justices of the city been in communicatioa with the
commissioners.—Norwich. Mercury of Nov. 4.
SIISPECTIM MIIRDER.—The Lords Justices offer a
reward of 1001. for the person or persons who were im-
plicated in the alleged murder of James E. Prendergast,
an inhabitant of the town of Claremorris, whose body
was found in a quarry near that town on Snaday last,
the sth instant. The verdict of the coroner's jury was,
" Wilful murder against some person or persons un
known."

WANT OP LABOUR IN CANADA.—In a recent letter 10
Sir C. P. Roney says, speaking of Canada :—" We have 20
had here a singularly prosperous year, but the sudden 20
failures in the timber and shipping trade (at Liverpool)
have produced very serious effects at Quebec. With this Si
exception everything is of the brightest in Canada—our E
greatest want being emigration. The Government of
20
Canada have just appointed a commission to secure a 6
proper representation of the products and resources of 20
the Province at the Paris Exhibition next year, and
Parliament is about to vote 10,0001. for the purpose ;
so we are determined not to be behind handin oar efforts —4O
to shine at the ' World's Fair."' Everybody who 40
knows (and who does not know I) Sir C. P. Roney will
be able to give their due weight to the remark respecting 50
emigration. Sir C. P. Roney is himself engaged in 25
extending railways in Canada, and he finds the oely bar 20
to their quicker progress the want of labour. Therefore
he is enabled to speak with confidence on the subject. 1-,uu
BOARD or TRADE.—Messrs. Akers and Garrett, of 1
the department of the General Register and Record-
office of Seamen, Board of Trade, who were carried off 20
by the epidemic lately so prevalent, the latter after an.
attack that lasted only five or six hours, are much re- 50
gretted. The deceased of Mr. Gray in
tutesemall twoweffiitheetihnestehr July last cousti- 50
three
nomeuthleasf than
_i_aiiuf
them erm
the superannuation fund for cdo
ne at
rt
seventeen, twelve, and ten
iltsuitnu r ones tu 110000
20 years, and under forty years of age, and all leaving
widows, one without, and two
of them with, children,
six in number is one case,2o
and five in the other. All 25
these widows are left in very straitened circumstances,
and receive not one fraction in return for the large con- 100
tributions that have been forcibly d
husbands' salaries, and levied by
the authority
, front their 10
of an op- 5
pressive and unjust act of Parliament, instituted on
grounds proved by investigation to befalse and 25
erro- 25
neous, and in the opinion of many amounting to a 25
and gigantic swindle,--Civil (iiCivii Service
azett e. gross rio