The Sun.
London, England, 1853-09-17 00:00:00

FALKIRK TRYST.

WEDNESDAY, Sept. 14.—There appeared to be even a
smaller quantity of stock on the Muir to-day than we
had anticipated from the numbers that were left over
yesterday. Sales were chiefly effected in the early part
of the day, and the prices throughout presented no
change of any moment on those of Tuesday. There
were very few superior beasts shown, the entire of
the fat stock having been disposed of yesterday. The
Irish beasts were still in as bad favour with buyers,
and at the termination of the market the greater part
of this stock was driven off the field, without ap-
parently having obtained purchasers. The best con-
ditioned part of the stock shown met with a ready sale;
although the most extensive buyers appeared to have
left the Tryst last night. The low-priced cattle
brought from 31. 15s. to 41 10s., and holders who were
anxious to get quit of what they had on hand made
even a still farther reduction in the lowest prices
accepted yesterday. The sheep which remained in
the stance on Tuesday, and which then met with little
if any attention, were, with the exception of a very
few instances, driven away last night, and the market
for this description of stock may be said to have
closed on Tuesday, on which day, indeed, very few
transactions took place. In the horse market very few
animals were brought back to the ground, and these
were nearly all of an inferior description, for which
there was a comparatively slow demand, and few sales
'were effected. Little remained to be done to-day, es-
pecially as compared wish the last day of former Sep-
temper trysts, when, as in the case of that of 1851, the
market did not make a beginning until Tuesday, in con-
sequence of the movement to do away entirely with
Monday as a tryst day. The quotations which we gave
in yesterday's report may be re7arded as holding good
at this day's market, and where any difference took
place the transactions comparatively were of such an un-
important character that we should not be justified in
noting any change.—North'Britislt Daily Mail.

THE DECIMAL COINAGE.

TO THE EDITOR OF THE SUN.

Ste,
--J have carefully read over your proposal for a
decimal coinage, in a leading article o 7 The 4.'en of the
12th instant. As it is a very important subject, you
will, I hope, allow me to state some difficulties that
occur to my mind respecting the plan you recommend.
It would certainly be most desirable, if practicable, to
-retain the present copper coinage ; and a system, com-
plete in all its parts, whereby this could be effected,
would deserve the name of the " poor man's decimal
coinage," for it would save him much inconvenience, and
perhaps loss. Bat, as :rar as I can jadge, your system
would retain only oae of oor present copper coins, the
penny, for the halfpenny would be 21 mils, and of course
no fraction of the lowest unit can be admissible into a
coinage, and the mil, as you yo-ar...elf admit, must be
substituted for the farthing. Now, let us see farther
viliat loss we should have to set against the gain of the
penny, important certainly as this gain is. The units of
the respective denominations in your scheme, the volleys
of account, would, I conclude, be-1, the sovereign of
16s. 8d ; 2, the florin of is. Bd. ; 3, the teat of 2d. ; 4,
the mil. But what are to be the subdivisions ofthe units ?
I would venture to lay it down as an axiom for the framers
of a new system of coinage, that no plan, the main
subdivisions of which are not by halves and quar:en, can
be successful. Now, the half of your new sovereiga
would be Bs. 4d., and the quarter 4s. 2d. Of the florin
the half would be 10d., and the quarter sd. ; the half of
the cent id., and the quarter a halfpenny. Here, then,
out of nine coins, which your system would render
necessary, only two, the penny and the halfpenny, are
now in existence, and the halfpenny would be useless,
for the reason before mentioned. The mil, too, would
be a new coin. Now, will it be worth while to sweep
away all our present coinage to save the penny ? I go,
of course, on the supposition that the subdivision of the
units into halves and quarters (as in the present coinage)
is essential. I believe it to be so. I may, however, be
wrong, and your system would certainly have this to
recommend it, that all the existing coins which contain
2d. without a remainder could be expressed in it in the
form of a decimal and in mils. Still, you would have to
persuade the committee of the expediency, nay, of the
possibility, of changing the value of the sovereign unit.
---I remain, Sir, yours, obediently,
AN ENQUIRER.

MARKET INTELLIGENCE.

(Prom the London New Price Current of 'yesterday.)

SUGAR.- -To-day West India sugar met with only a
bruited home trade demand, and rates, compared with
last Friday, show a decline of 6d per cwt for both grocery
and refining sorts. Transactions are 333, making for the
Week 1,567 hhds and trs. Refincd sugar was purchased
With reluctance for home trade puiposes. Prices for brown
lumps rule at 43s Gd to 455, awl grocery 45s 6d to 48s.
Crashed sugar is not cheaper, although in limited request
by exporters. There was no public sale of Mauritius sugar,
aultd privately purchases were on a limited scale ; prices
iltnerally closed 6d per cwt under those of this day week.
EAST INDIA.- There are still ready buyers of grainy
Bengal, and supply being limited stiff rates obtained. This
afternoon the large public sale of 5,983 bags grocery Ma-
dras went at full prices ; low to mid at 33s 6d to 36s 6d,
igood to fine 37s to 40s, and white 41s to 433. Of Bengal
'l,BOO bags went at barely the previous worth ; mid to fine
vhite Benares selling at 37s to 395, low to mid date yellow
30s to 32s 6d per cwt.
FOREIGN.—Of all sorts of foreign sugar arrivals to this
tat since the year commenced have been 14,000 tons more
'lran in the previous one ; home trade deliveries are 4,600
kkrger2 and 2,600 less for export ; in stock there is not
ranch difference. To-day operations in foreign sugar were
of little moment for shipping or home trade purposes, still
rates underwent no change.
r,.,COPPEE.—The demand has much decreased for Native
this week, yet lower terms are not generally ac-
-"d to. To-day Plantation Ceylon Coffee was held for
previous rates, and none was submitted to public sale ;
l" privately purchases were limited for shipping and
4813.° trade purposes. Native Ceylon is held for 47s Gd to
1,8 6d, according to import and quality ; the demand was
owever only for small parcels. Floating cargoes of
foreign coffee are wanted, but none are on offer.
COCOA.—Of West India there is a more plentiful supply,
and demand having been limited prices have declined ls.
TEA.—Demand has deminished for lower sorts of Con-
tort for all purposes this week, still lower prices are not ac-
ceZ,Peted, or is supply more plentiful. In better kinds, bow-
_e, large transactions have taken place ; previous prices
(4`f ,f'aesily obtained, and opinion is favourable with respect
future position of the market. Home trade deli-
;_esl:s still show- an increase over last year ; but for expor-
tation they are much less, and at all the ports stock is
',uuo,ooolbF greater.forrDlGo.—.A fair ome and shipping demand prevails
.1 Fast India, and the prices obtained are 2d. per lb.
above -
SALTPETRE.—Demand
last quarterly sales.
,"her Ins improved, and rather
,"li.naer rates are obtained. Many sales have taken place
u"„TAtely, and at auction 1,250 bags of Calcutta were sold.
, a,ovir.--There is a further increase of business in Rus-
i! n the spot, and prices continue to advance. For fine
Y. Candle an active demand has been experienced, and
3d to Ms 6d per cwt currently' obtained. Important
(.Isatracts concluded for delivery, and the prices paid are
t. Ms for last three months of the year.

---
- °STAGE BETWEEN ENGLAND AND FRANCE.—" It is
stated," says the Union, " that very shortly the postage
on letters between France and England is to be reduced
t025c., being a dimunition of 55c. on the rate."
MAYNOOTH COMMISSION.—It is staptedresent that the
9nneroquius appointrhent of secretary to the commission for
offere
Iry into the state of Maynooth College has been
dto Mr. Henry West Q.C. It is not, however,
certain whether the learned, gentleman will undertake
the office.
tinDV.cE IN THE PRICE or, WRISSY.—The Cork dis-
h have advanced the 'Price of whisky threepence
13". R4119n.