The Sun.
London, England, 1854-09-16 00:00:00

STATE OF TRADE.

14 ( Prom the Manchester Guardian of this day.)
114ENOttEsTER, Sept. 15.--What we have to say of
1132 leBB may be very briefly summed up. That slacken-
.. itt
*eel, L"
the operation of buyers which was observable last
Reek 4 become still more apparent in the present
This is more marked now than it was on Tuesday.
felt more in the export than in the home depart-
are
‘.!• The continental merchants being well supplied,
of faking decidedly fewer offers for yarns. The markets
South America and the United States are overstocked.
Nv: India nothing has been taken of late, except in the
e,,"! of speculation, induced by extreme cheapness, but
41:d4 that sort of business is stopped for the moment,
14, the, market at large affected by the suspension of a
--(Ktown and highly respectable firm in this city.
o7,I)4IcEsTER, Sept. 14.—Further orders are given out,
- the advance in the price of worsted is partially
!oi; 'II. There is no alteration in wools or yarns ; both
ititTlers and operatives are in full work, and thelatter
skivue wrought-hose branch will obtain 3d.
per dozen
allee from the principal manufacturers tomorrow.

T
A K
v
m 0 _IN IA Ja-

G I A 1- NT ELL COENti'lL

CITY, TWO O'CLOCK.
The sales of cotton at Liverpool yesterday
were estimated at 6,000 bales, including 1,000
taken for export and on speculation. The market
closed quiet but dull. Railway Shares were firm.
There is more firmness in the tallow trade, seve-
ral hundred tons that were upon the market hav-
ing been cleared off.
The amount of bullion held by the Bank of
England during the week to the 9th inst. was not
much below what was previously in its coffers, but
considering the arrivals and the limited exports,
there should have been an increase, save that this
is the period of the year when a larger metallic cir-
culation is needed for the payment of wages in the
agricultural districts. A reduction, therefore, in
the specie held by the banks 'is not necessarily, at
this season, the result of foreign requirements.
The notes employed wore increased also, and private
parties drew fairly upon their balances, but there
was a decrease in the discounts not so far confir-
matory of the fuller employment for money. The
deposits of the Government were larger. The fol-
lowing were the changes compared with the pre-
vious account :
Active circulation
Decrease
Bullion
Decrease

Rest
Decrease
Public Deposits

X 19,621,950
229,715
13,321,819
46,552
3,694,814
5,251
4,342,706

Increase 346,279
Other Deposits
Decrease 636,614
Seven-Day and other Bills
Increase 26,652
Government Securities 10,996,955
Increase 16,926
Other Securities 14,719,492
Decrease
Notes unemployed 7,008,160 .
Increase 171,575
There was an improvement yesterday afternoon
in the rates of exchange upon the principal Conti-
nental cities. Paris, 90 days, was at 25 27i to 30,
Amsterdam at 11 17 to 17/, Hamburgh at 13 6 to
61, Frankfort at 1184 to 118 k, and Trieste at 11 36
to 42.
Mexican and South American dollars are ss. 2id.
per ounce, and Carolus 6s. 3id.
The following is from Sydney
" We lately observed that the number of miners en-
gaged at the various gold diggings of this colony
had decreased, and that their earnings had been in-
vested in the majority of cases in the purchase of land,
either for building or for purposes connected with agri-
culture or grazing. We have since learnt that farm
lands offered to the public by the Government,
by public auction, and refused, during the three years
ending December 31, 1853, have been selected by pri-
vate purchasers, and that in the counties of Westmore-
land and King alone small farm lands to the amount of
24,0001. were bought during the past year. The official
maps of these counties, showing the lands which are now
alienated, present very different and far more agreeable
features than they exhibited two years ago.
" The progress of the survey of the district of Port
Curtis continues to excite much interest. We believe
that this settlement is generally regarded as an eligi-
ble field for the extension of our squatting system ; but
its claims as a commercial port and an agricultural dis-
trict seemed to have been overlooked. Protected by Curtis
and Facing Islands, Gladstonepresents a site for a mercan-
tile and maritime depot and entrepot, second, we are as-
sured, only to Port Jackson in these seas. According to the
plans in the Surveyor-General's Office, which we have been
politely allowed to inspect, ships of any tonnage can
anchor safely at Gladstone. The arable lands in
what is called the Mount Larcomb country, and which
are between Gladstone and the mountain coast
range are said to 'be of the highest character. So
fully have been the Government impressed with the
fact that this tract of country is especially adapted
for agricultural purposes, that they have excluded
from the squatting regulations the counties of Clin-
ton, Deas Thomson, and Livingstone. The cha-
racter of the coast range is decidedly auriferous ;
very fine 'specimens of gold procured from Liley's
Creek have been received at the Surveyor-General's
Office ; and whether as regards our commercial, agri-
cultural, or pastoral interests, the opening of Port Curtis
must be regarded as a great fact in the history of New
South Wales."
The exports of gold from London direct, during
the week to Thursday last, comprised 194,250
ounces of silver, and 6,847 of gold, all to the
Continent.
In public securities very little is doing. Consols
bring 95/ to 4 for transfer, and 95i 4 for account,
being rather weaker than yesterday. India Stock
has been firm at 228. Exchequer Bills are ss. pre-
mium, the smaller descriptions only being dealt in.
Foreign Stocks have been very dull. The only
transactions have been in Spanish 3 per Cents., at
37a ; in Chilian 6 per Cents., at 104 i ; in Sardinian,
at 88 ; and in Turkish Scrip, at ss. premium.
The following are the nominal prices of foreign
stocks :--Grenada Deferred Bonds, 6 to 6 ;
Mexican, 24l to 241 ; Peruvian, 70 to 72 ; ditto
3 per Cents., 51 to 53 ; Portuguese 4 per Cents.,
40 to 42 ; Russian 5 per Cents., 98 to 100 ; ditto,
41 per Cents., 88 to 90 ; Spanish Now Deferred,
18i to 181 ; ditto 3 per Cents., 37i to 38 ; ditto
Certificates, 5 to 5i ; ditto Passive 4 to 41.
Railway shares have been rather fluctuating.
In one or two instances there is greater buoyancy,
including the North-Western, North-Eastern, and
the Great Western. In the foreign. lines there have
been a few sales at barely previous rates.
The Joint Stock Bank Shares have been firmer ;
Crystal Palace continue heavy, and South Austra-
lian Land are a shade higher.

---.7_
BRITISH FUNDS THIS DAY.—CLOSING PRICES.
(From the Oftilial List.)
Bu mess done.
3 per Cent. Consols Annuities 9sf ili
India Stock
India Bonds, £lOOO
Consols for Account 17th Oct.
Exchequer Bills, 2id.
25 9 p
500
Small 5 p
er Cent,
Exchequer Bonds 1853, 3} p
Ditto 1859, „
PRICE OF FOREIGN FUNDS THIS DAY.
Chilian Bonds, 6 per Cent lOll
iardinian Bonds, 5 per Cent B3l
Spanish Bonds, 3 per Cent 37
Turkish Scrip
Ditto for the Account si
Dividends on the above payable in Loudon.
. TWO O'CLOCK.

Consols
Ditto October Account

MINING INTELLIGENCE.

( From the Mining Journal of this day.)
We cannot report any favourable change in the
Mining Market. Shares in most descriptions of mines
are flat and unsaleable.
During the week, shares have changed hands in the
following :
DIVIDEND MlNES.—Alfred Consols, Altgoed Consols,
Callington, Drake Walls, Kenneggy, Lews, South Cara-
don, Trehane, Trewetha, Wrysgan, Welsh Potosi, West
Caradon, Wheal Arthur, r, General Mining Company for
Ireland, Lackanaore,Mining Com pan yand.
MINES WHICH HAVE SOLD ORE.—Birch Tor, Boring-
don, Britannia, Boscean, Carbona, Castle Dinas, Clara,
Clijah and Wentworth, Cubert, East Boscean, Darren,
Great Cowarch, Great Crinnis, Great Wheal Alfred,
Great Wheal Vor, North Wheal Robert, Pencorse Con-
sols, Polgear, Poltimore, Rosewarne, Sortridge, Tavy
Consols, Trannack, Trevelyan, Tyn-y-Berth,West Alfred,
West Polberro, Wheal Crebor, Wheal Venton, Wheal
Zion, Wood, Kilbricken.
In Foreign Mines the transactions throughout the
week have been unimportant, and the quotations have
remained without fluctuation worthy of notice.

GOLD.—The Rodney, from Sydney, has arrived with 20
7,950 ounces of gold, valued at 31,8001., and 6,5001. in 20
sovereigns.
HONG KONG.—According to the telegraphic accounts 20
from Hong,,Kong, yesterday afternoon, which reach to the
22d of July, the rate of exchange has experienced a
slight decline both at Canton and Shanghai, thus lessen- 40
ing the inducement to send silver from this country. 40
At Canton the quotation by the previous mail was 50
ss. id., and it is now ss. id., while at Shanghai it has 25
receded from 60. 7d. to to 6s. sd. The exports of last 20
season's tea to date were 78,000,0001 b., and of silk 61,800
bales. Trade at Canton was aimost totally suspended, 100
owing to the arrivals of tea having been intercepted by 100
the insurgents, who were expected at the city daily. A 20
panic prevailed among the population, and they were
leaving with their families as fast as possible. The 20
receipts of new Congou had been only thirty chops,
of which twenty had been settled. Five ,clip. 50
pers had been despatched, having begun to load 15(in0
before the panic, but it was doubted if other ships 100
would get away for some time, as scarcely any business
could be transacted. From Shanghai the dates are to 20
the 15th of July. The new silk i 3 described as being 50
very bad and very dear, and the arrivals were under 20
2,000 bales, against 10,000 last year. Contracts were 25
being cancelled, and foreigners were withdrawing their
money from the country. At the same time large pur- 100
awes of common silks were being made by Chinese 12
capitalists in the interior. Tea in Shanghai was very
dear, and it was apprehended that the old duties would 25
be rigorously enforced, by which a ♦very large sum in 25
specie would be absorbed within the next 4Q days, to the • 5
...0
injury of trade,

SHARE MARKETS

BRITISH

t'llosing Prices
this day.

22 - 22

41 - 5

9 - 9:3

11 —lO d

17 - 18
7 - 6

96 - 97
661 - 67

15i - 16:I
10 - 12

i* I'd

7 - 76

17 - 18
12 -12 i

70 - 72
61 - 63

23i = 24;

89 - 90
71 - 73
L 24 - 127
91 - 93
74 74-3

72 - 76

83 - 85
9 - 11
9 -11
73 -
5A - 5

8-i 83
103 105
1041 • loti
if p
I - 6d
85 86
9 8d
8 7 d

25 - 26

ni 72i
42 - 44

d par
8 6
2 2i

5i - 6}
50 - 52

32 .., ... 33i
8 10

1
—7;
78i 79
5i bid
3 3id
1, —1!
56 5}
50
1 p
P
4
—73 i

31 - 36

97 99
63 65
74 8
aid

13i - 144
66 664
33i - 34
2 - 1
-

33 - 33

4,} -
24 -

3b

4 = ii

FOREIGN.

3d
d p

P
2 2 d
32i 32$

- gd -3p 1

Q - 50
7 - 6

... ~ ~..

9 -- 7ci
9 7d
i iP
A 41,

17 -18

2d par
La 1p

P - i

ld • • par
1d par
2 4P

clis

2i -
1 - 1

.•• """*.

par --- p

~. .-.. • •

7 -

34~ - 34

12 --

8 -- 9
18i -- 19Ip

48 50
37 39
... pm
23 —23 k
par 1 p
d•••
8 SA

••• -...

... - pm

..•1
•••• •••••
3

6 - 7.-p1

16 - 17

BANKS.

84 - 85

... -- ..•
1 id

30 - 32

21 2i d
21i 22

38 - 40

42 - 44

44 - 46
674 - 6EI
74 - 8A