The Sun.
London, England, 1854-10-19 00:00:00

t'9.144 1 LILVAZO.

50
colliers. 50
The stoppages at Liverpool are still the subject p
of much conversation here, and we regret to say, f()
although circumstances certainly would warrant it,
260
that there is very little sympathy expressed among 5
more cautious mercantile men. They deprecate 25
the recklessness of those parties who bring into
,_,Sz‘t
disrepute the commercial standing of Liverpool, and' st
stamp it with too much of the former Yankee go-
a-head principle, which is becoming unpopular even
25
in America. Indeed if we look to the wholesome St.
warnings of the New York press, we shall find 70
that it neglects no opportunity to inculcate caution st.
and expose over-trading. We would affect no sem- 1.0
blance of commercial puritanism, nor argue for a St.
moment that speculation must not, to a certain St.
extent, enter into all mercantile dealings. The t.
advantage of consumers is concerned in energy and St.
in a fair risk of capital, and we should never desire St.
that undue restraint should be imposed ; but we 12
do think, in the interest of those who are trading 50
fairly upon their own means with such moderate
amount of Bank assistance as is requisite, that ss:
every mere adventurer, as well as every party who,
with moderate resources, aims at establishing an 20
enormous business in an incredibly short space of
Btu
time, there should be more frequently a check im-
St
posed upon such practices. The drawing and re 20
drawing of bills without any security offered, in fact- er,
mere accommodation paper, ought to excite the sus- S .
picions of the local banks, especially where it is so 54(61
easy to trace the origin of the persons concerned in its
25
manufacture. Even if the firm has been long and 25
honourably known, and has earned a character by 812,
former consistent trading to its full share of sup- St.
port and accommodation, suspicions must arise 55,t5
when its bills multiply, and it departs from its 25
usual method of doing business, by giving '1
and taking longer credits than usual. 2r
What is publicly stated now with regard to
to the system of buying and selling ships at 20
Liverpool is enough to account for any such casu-
alties as those which have lately occurred ;
but we feel a special satisfaction in believing, from
the opinions we have heard expressed by Liverpool
men themselves, that such speculative transactions
do not find countenance except in a few quarters
there, and that, on the contrary, a jealousy has
existed upon seeing parties of inadequate means
outstripping the sound trader, and apparently
snaking a rapid fortune under the unfair competi-
tion which his facilities enable him to originate.
Money continues in fair request, but is expected
to become easier shortly. No important change
occurred in the quotations for bills of exchange
upon the principal cities of the Continent on Tues-
day. Paper at 90 days was quoted 25 35 to 37i on
Paris, 11 18 to 181 on Amsterdam, 13 62 to 7 on
Hamburgh, 11 48 to 54 on Trieste, and 1181 to
118 k on Frankfort.
For Mexican dollars, which are flat, no price is
quoted, and the gold per Queen of the South has
been sent into the Bank of England as the only de-
mand is for that containing over 20 dwts. of silver
per lb.
According to the returns given in the Banker's
Circular, the aggregate average circulation of the
Joint-Stock Banks of England and Wales, during
the week to the 30th ult., was 3,077,3761., being a
slight increase over the previous week. Of the
private banks, during the same period, the total
issues were 3,737,6971., which is a decrease of
about 40,0001. compared with the previous week.
The English Stock Market has been without any
improvement, and the business doing is principally
for immediate transfer, the supply of stock being
so far equal to the demand as to prevent any rally.
There aro many opportunities just now of tempo-
rarily investing money which seem to offer more
inducement, and even the loaning of capital at
short dates involves less risk of fluctuation and
loss. The advance in the corn market gives a
handle likewise to those who feel disposed to
operate for lower currencies ; for although the en-
hanced price of wheat at present chiefly benefits
the farmers, not having occasioned large exports 1. I
of bullion, it may promote purchases of foreign
grain. Consols have been 94ff 2, and since 94i 11. 22(1,
The account prices have been 94i The New 31 26
per Cents. have realised 9245 and the Three per 20
Cents 93k to is. Bank Stock has been at 2081 to 20
210. Exchequer Bonds are 991 20100
In the foreign market, the dealings have been at
prices slightly in favour of buyers. Mexican Bonds 100
have been quoted, however, at 238 1, ex dividend, 20
which is some improvement. Spanish 3 per cents. 2:,
have been 37i The Turkish scrip has been flat 25
at 21 to 2i premium. A bargain is noted in Rus- 25
sian 4i.; per cents. at 85. 100
The following are the nominal prices of foreign
stocks :—Grenada Deferred Bonds, 52 to 61 ; Mexi- 2 100
can, 231 to 231 ; Peruvian, 71 to 73 ; ditto, 0
3 per Cents., 51 to 53 ; Portuguese 4 per Cents.,
40 to 42 ; Russian 5 per Cents., 96 to 98 ; ditto, 20
41 per Cents., 84 to 86 ; Spanish New Deferred,
188 to IE4 ; ditto. 3 per Cents., 37 to 38 ; ditto, 100
Certificates, 5 to 51 ; ditto, Passive, 4i to 42.
The eighth issue of Mr. Mihill Slaughter's Rail- 100
way Intelligence, for the year ending the 30th Sep- ill
tember, 1854, fully maintains the compiler's repu-
tation for both industry and accuracy. There is 20? j
scarcely anything in the matter of railway statistics 1000
2
which the work does not contain, and the peculiar
facilities possessed by Mr. Slaughter in his official 5
connection with the Stock Exchange have been 20
made available to the utmost.
The September returns of the traffic up on the 4
eleven great central railroads of France give a total 2')
receipt of 17,199,883 francs, or nearly 2,000,000 20
francs more tkan in the corresponding month of E
1853. 331)
The returns of the English lines for the week, as 10
below given, contrast favourably with the like date
of 1853. The London and North Western shows 20
an increase of about 3,0001., the Brighton of 20
2001
2,000/., the Midland of 1,7001., the Southeastern 20
stern is
of 1,0001., the Caledonian of 1,.,
Northern. of 3,0001., and the North Eastern of
3,5001.
The last week's railway receipts ascertained up
to this day are in round figures as under
1853. 20
1854.
North-Western
South-Western
Bright
Midland.
South-Eastern
Caledonian
Great Northern... 22,113 19,012 2'
North-Eastern
The Railway Share Market has been heavy,
without any general change in values. Caledonian t)
have been depressed a little, and Lancashire and
Yorkshire and Midland have drooped. The foreign
lines have been mostly nominal. Great Western
of Canada are firm.
The Santiago de Cuba Mine shares are rather
worse, the Joint-Stock Banks are dull, the Crystal
Palace is without alteration, and Scottish Austra-
lian Investment are scarcely supported.

20
20
10
10

St.
10
St.
25

10
5
20
20

BRITISH FUNDS THIS DAY.—CLOSING PRICES.
( Prom the ()Pica Lig. )
En-iness done.
Bank Stock ............. .......................... 208 i 10
3 per Cent. Reduced Annuities .............. 93i
3 per Cent Consols Annuities ................ B4i 4
New 3 per Cent. Annuities .................. 93;i
Long Annuities, Expire sth Jan., 1860 ..• 4 5-16 i
Ditto 30 Years, Expire 10th Oct., 1859. 4 316 1-16 3-16
Ditto 30 Years, Expire sth Jan., 1860... 4 9-16
India Bonds, £lOOO .......,.. ................. . 7 10
Ditto, under £lOOO .................. 94i
...
.. ...... 7 10
Consols for Account 14th Nov. . ............
Exchequer Bills, 2id.
'lOOO ........................ . ..... .... 7 P
Small ................... . _ .................. 4 P ~
Exchequer Bonds 058, 3i per Cent. ...... 99,:i I
Ditto 1859, ...... 99,1- i
PRICE OF FOREIGN,, FUNDS THIS DAY•
x. d
Mexican 3 per Cent. ........................... 23i
Peruvian 3 per Cent. .......................... 52i
Russian Bonds, 1822, 5 per Cent. £ St ..... 96
Ditto 41 per Cent. .............. ... .......... 85
Spanish H4oads. 3 p,r Cent .. ................... 37
-'
y„kl3
t. Lo New Defirre a , 3 per Cent ........... 1t..,/,
arll6crip 6 per cent ....................... ~.tl)
L
Dividends on the above payable in London.
THREE O'CLOCK.
Consols
Pi-S-tt, g-9—TllOOl k 409.11 . rtepti,„••..--1 ;44

50
50
100
10J

20
50
20
25

3,)
100 Aberdeen ,,.....
8. A.rabg. liottng Bost:,
and East!. ,Tunct...
all Belfast & Ballymena.
all Binning. Wolvorh.
Stour Valley ......
`.29 .-lirkenhd. Lancsh. &
Cheshire Junct ..... .
all Do. Chesil. is Birk.,
£5O nnd ,25 Cons.
19 0., £20... - ..... -
30 Myth &Tyne ori, Via'
£25 (issd. at .C4sj
00 Bristol and Exet 0r...
100 _laledonian. ....... A!. •
21s. ICA' martinis aud. c.:ax
-__ .

21 - 22

4a 4i

••• '-'' •••
8i - 8

12 —ll d

16i -17 i
7 - 6

...
95 - 97
59i - 60

all Chester & 11olyhe3.11„
all Cork and Pandora
all Cork, Black, & Pa.'s
14 Cornwall ............. •- •
1i Crieff Junction .....
45 /tulAin&Belfastiuno.,
all DwacleoPerth&Aber-
deen Junction
all Do. New. ......
WO East Anglian ..... ...• •
all Eastern Counties ,
100 Eastern Union, A
Stock
10/) De., B. Stock
S•!, Do., New A. :••.
.00 East Lancashire
.00 Edinburgh & Glasgowi
91; Eclinb. and Peebles
00 Eclin.Prth &Dundee,
1 , Forth & Clyd© June.
LOU Glasgow &S. Weston;
100 Great Northern
100 Do., A. Stock
LOU Do., B. Stock,
100 Gt. Sth. &West.(lre
100 ,Great Western
100 Do. Stour Val. Rail
Gua. Stk
all Irish South-Eastern.
all Lancaster & Carlisle
14 Do., Ildrds
4 Do. New Thirds
00 Lancaslhand.Yorksh
194 Do., Fifths
114 Do., Wst. Riding Un
all LivCrsby.&Southnt
all Loudon & Blackwal
100 Loud. Bright & S.Cst.
100 Loud. and N. Westn
12 Do. Fifths
1 Do.lo/. Sh.,M&B
24 Do. Eighths
00 London andS. Westu
421 Do., 151)
34 Do., 140
all landrry& Coleraine
all Liadndm . & Ennisk.
00 Mancli.Shef.& Linch;
Do., Man. &Lin. Un
00 Midland
.00 r /o. Birmn g. & Derb
all lid/A.G. West. (Irs.)
22 Do. Half Shares
311 • Newcastle & Carlisle
54 Nowmkt.BuryEsten.
19 r .Nwpt.Aberg. at Lied
3 Newry & Enniskillen
all Newry Warreupoint
and Rostrevor
Norfolk
:3t N'orthn.Counties Un.
.00 North British
ally North Devon, No. I.'
all Do., No. 2
all r; A Deferred
all Do., ¢ B Guaranteed
01) N. Eastern—Berwick
20 Do. do. Extension
13 7), ~do. G.N.E.Purch.
all De. Le•A,s
100 Do. York
all North London
8 Do. New XlO
&S.Wstru. ,Hamp-
stead, and City Jn
17: North Staffordshire ,
al; ';orth Western
all . &S. West n. June,
1 Nuneaton, Hinckley
and Leicester
1k • Word, Worcester, &
:Volverhampton
4 '7ortsmouth
0, • ;sottish Central
ScottishMidlaud
all Stirewsby. & Herald
all Shropshire Uniofnll
Do. A, B, C,&
paid up at per ceo• .
all South Devon
00 South Eastern
all South Wales
3. Yrksh. & Riv. Dm

- 15
- 12

8 - 1.0

GA -

11 : 114

... """'' •••

6.. -: 68
55 - 67

22 24
=

r-38 -89 i
73 - 75
124 - 126
90 -92
70i 71

69 - 71

- 82
8 - 100
8 - 10
71i - 71
5t

8 84
103 105
10014 101
d
Sly —82 i,
I 9 Si
8 (1

- 24

68
4O -

. -- ••

.- • •

I d
g
2! 2
5
48 i 0
3i 8
34 36
10

75
ei
14 --
53 -

4i
d

P
7

32 - 54

4
61 - 63
Ei
46 -48

13 -
62i -
324 -

t -

5 Do
8 4taines,Wok &Wol:
all tockton & Barba_.
16, itoekton & Hartlepl.
1.00 Call' Vale
9 Do. £lO shares
1.00 Do. Pref., No. 1
21 ftamcs Haven Dock
and Railway
all Vale of Neath
all Waterfd. & Kilkenny
all Waterford&Limeriek
is West Cornwall.
3 West End of London
and Crystal Palace
all West Loudon ,
1133. Witubledn &Croydon

35 -

17i
4i -
21 -

all Antwerp&notterdarn
3 Belgian Eaatn. June.
S Beziers to GraiSSOSne
2s. Bombay, Baroda, and
Central India,Scrip
Central of Italy
all Demerara
14 Dijon and Besancon
9 Dutch Rhenish .
all Eastern of France
10 Do. New..
all East Indian...:
2 Do Extension
all Do. p. c. Bds., pay.
'57, convertible
all Do. do. do., '59, d
10 Gd. Janet. of Fiance
12 Gd. Tk of Canadal is.
all Do. do
all Do. St. Lawrence &

-.. _ Atlantic
A do.
all Do. Cert. of Deben
con. into Stk. till '6f
all Do. Comp. 6p.c. , do
10 Gt. Contral of France
all Gt. Indian Peninsula
1 1)o. New 5 per cent.
all Gt. W estern of Canada
Shares ... ...........
all Do. Bils., payablo's7,
with option till '55..
all Do. do., '62, P. '56...
all Do. do., '76, p. '60...
all Do. do., '73, without
option
all Hamilton SL Toronto)
all Do. 6 per cent.
8 Lake Cone.
k, Basle
all Lucca & Pistoja 5 p.c.
Prof
12 Great Luxembourg
Constituted Shares
all Do. Obligations
0 Lyons and Geneva
1? Lyons & Mediterran.
161 Madras
2 Do. New
h 311 Maria Antonia
all Do. do. New
2 Nielbourne Dk. &Ry
all Namur & Liege (with'
interest)
all Do. (ex interest)
all Northern of France
1 all Do .2 t..l L Shs.late Char
leroi and Erquelinei
guAr. 31 P. c. & red.
at 22 1. dur. 88 yrs.
from IJan. 1854....

all Do—. 20/. 3 p. c Bch,.
(fmy . B. & A.ms.Shs. )
all NorwegianTrunkPree
14 Paris and Lyons
all Ditto Bonds
all Paris and Orleans....
all Paris and R0uen......
10 ParisCaen &Cherbrg
all Rouen and Havre
20 Royal Danish
3 Royal Swedish
all Sambre and Meuse._
all Do. 54. p. cent. Prof.
10 Southern of France
14 St. .Andrew's and