The Sun.
London, England, 1853-04-02 00:00:00

'CIAL NEWS.

MONEY AN

CITY, TWO O'CLOCK.

There was not so much activity in the cotton
market at Liverpool yesterday, but it was toler-
ably steady. The sales were estimated at from
8,000 to 10,000 bales, of which 4,000 were taken for
export, and on speculation. The Railway Share
market opened heavily, but closed with a better
feeling.
The period of the quarter is now attained when
the balance to the credit of the Government is
at its height. The Bank of England weekly state-
ment to the 26th ultimo, exhibits, therefore, a fur-
ther increase in public deposits. The other de-
posits were diminished, duties being paid and the
loans and discounts increased, as is ordinarily the
case when the transfer books are closed. The
amount of bullion was rather smaller, but probably
not because of exports, but of an increased internal
demand. Compared with the previous week, the
changes have been has follows :

Active circulation
Increase

Bullion
Decrease

Rest

.... £21,793,695
.... 328,855
.... 19,122,996

Increase
Public Deposits
Increase
Other deposits
Decrease
Seven-day and other Bills

Decrease
Government. securities
Other securities
Increase
Notes unemployed
Decrease

40,150
3,630,638
4,273
8,468,758
265,203
12,721,782
152,916
1,351,108

1,390
No alteration
15,931,447
484,175
10,790,310
341,785

Bills of Exchange upon some of the Continental
cities were at barely such high rates yesterday
afternoon. Paris was at 25 27i to 30 for 90 days'
paper ; Amsterdam at n 181 to 19 ; Hamburgh
at 13 8 to 81 ; and Trieste at 114 to 11 8.

The determination of the Honourable East India
Company not to allow gold coin to be henceforth
received at its Calcutta treasury, or by its depart-
mental officers, has raised a very important ques-
tion, similar in part to that which sooner or
later must force itself upon public attention
here. Gold has not for many years been a
legal tender' in India, but the mohur has,
jsevertheless, passed current, and been received
at its intrinsic value, even by the Government
officials. To place a sudden interdict upon this, is
to occasion no small inconvenience ; India, from its
position, being now likely to carry on an extensive
commerce with Australia, which would pay chiefly
in gold. The result evidently will be to cause the
re-transmission of the precious metal to England,
a process which strikingly illustrates the risk we
run, supposing other countries are right in refusing
to admit it as.a legal tender. The tokens of South
Australia, being intrinsically more valuable than
the rate at which they are coined, will speedily
leave the colony, and add to the curious admixture
already in the Bank of England coffers.
The amount of gold exported from London,
direct, during the week to Thursday last, was
18,620 ounces. The total of silver was 15,360
ounces. All went to the Continent.
The Great Britain steamer has arrived, but no

letters are in town yet.
The La Plata, with the West India and Mexican
mails, has 914,569 dollars on board, of which
10,566 dollars are for the dividends.
The Funds are very dull, but not lower. Con-
sols bring 99K to par for Transfer, and are about
par for Account. Exchequer Bills of June realise
6s. to 10s., and those of March 435. premium.
An extensive business has been done in Mexican
Bonds, at a rise of 1 per cent., viz., to 27 and 27*,
owing to a statement that Santa Anna will adopt
free-trade, and make due provision for the debt.
Peruvian are rising also. Brazilian Old Stock is
worth 1001 ex div. Spanish Certificates are at Bg,
and quiet. Dutch 2i per Cents. are at 65i.
The Railway Share Market is very quiet, but
prices are firm.
The Gold Mine Market is steady.
Banks are lower.

BRITISH FUNDS THIS DAY.
(From, the Official List.)
Business done.
3 per Cent. Consols Annuities
India Bonds, £lOOO —
Ditto, under £lOOO 43
Exchequer Bills, 13. d. June. March.
£l000
£5OO — 10
Small ll 6
PRICE OF FOREIGN FUNDS THIS DAY.
Brazilian Bonds, 5 per Cent. lOO x d
Ditto New, 1852, 4i per Cent 9B
Ditto New, 1843
Grenada Bonds, Deferred,
Greek ex over-due Coupons
Mexican 3 per Cent 264 & 7 6i 74 6i
Peruvian Bonds, 1849, ,q per Cent.
Ditto Scrip
Ditto Deferred, 3 per Cent 64
Russian Bonds, 5 per Cent.
Ditto, 4ti per cent lO3l
Sardinian Bonds, 5 per Cent.
Spanish Bonds, 3 per Cent 49
Spanish New Deferred, 3 per Cent 241 i
Ditto Passive (Converted) si
Spanish Committee Cert. of Coup. not fun 8 P e
Swedish Loan lO d
Dutch Exchange 21 per Cent ' 6sa i
TWO O'CLOCK.

Consols 99i 100
Ditto April Account

NEW SPANISH Loarr.—According to intelligence from
Madrid it appears that some Spanish capitalists are com-
peting with Messrs. Baring for the new Spanish loan.
Such a competition, however, in any serious form, seems
very improbable. The terms of their proposal had not
transpired.
MAIL TO AUSTRALIA.—In consequence of the failure
of the Australian Mail Packet service no mail will be
made up at the Post-office this day Saturday, the 2d
instant. The Postmaster-General has, however, entered
into a contract with the owners of the Osmanli screw-
steamer, appointed to sail from Liverpool on the 7th
instant, for the conveyance of mails to the Cape of Good
Hope, Cape de Verd Islands, Southern Australia,
Victoria (Port Philip), and Van Diemen's Land. All
letters, &c., for these places arriving at Liverpool before
the departure, not specially addressed to be sent by any
other vessel, will be dispatched by the Osmanli. Letters
will be charged is. the half-ounce. Newspapers go free,
except the Cape de Verd Islands. Letters, is. 10d. the
half-ounce ; newspapers, 2d. each.
EMIGRATION FROM CALIFORNIA TO AUSTRALIA.—
According to private letters received in London yester-
day from San Francisco, emigration had again com-
menced from the State of California to the Australian
colonies on a great scale. On the 16th of February a
large screw-propeller, called the Monumental City, of
about 1,000 tons burden, was to sail for Sydney and
Port Philip, with 120 passengers; and a fortnight after-
wards another steamer, the New Orleans, was also ex-
pected to leave with a large number. Several sailing
vessels were also advertised, and seemed to be filling up
'rapidly, although every effort was made by the press to
discourage all departures. The Monumental City is to
be offered in Australia for sale, or, if there should be
sufficient inducement, she will ply on the coast. None
of the vessels proceeding from California to Australia
were taking much freight.
GALE IN THE IRISH CHANNEL.—It blew a gale of
wind in the Irish Channel on Wednesday night. There
are rumours in Liverpool of considerable damage on the
coast, and much anxiety is felt respecting the Ebba
Brahe, a large and fine emigrant vessel, which sailed
from Liverpool for Australia the previous day. It ap-
pears, from the following notice, which was posted up
in the Exchange News Rooms yesterday (Friday), that
she struck on a bank on the Anglesea coast and sus-
tained serious injury. She had been got off, but it was
not known what had become of her. She had from 700
to 800 passengers on board ;—" The ship Ebba Brahe
got on shore near the East Mouse, three miles from
Point Lynas, yesterday, but got off at two p.m. this
• day very leaky. One of the crew and a passenger
landed. Considerable anxiety was felt during the day
as to the fate of this fine ship, as she had about 800
souls on board bound for Australia, and was one of the
the largest vessels afloat, being nearly 1,800 tons re-
gister. Happily, however, this feeling was allayed by
her appearance in the Mersey this evening. The ship
Ebba Brahe forms one of John S. de Wolf's Australian
line of packet ships."
THE ARKT.—SAPPERS AND MINE S.—The detach-
ment at Shoeburyness, having completed the batteries,
&c., returned to head-quarters at Woolwich yesterday,
under the command of Lieutenant Lempriere, Royal
Engineers. The 22d Company, under the command of
Captain Gibb, Royal Engineers, is placed under orders
to embark for a passage in the Chevy Chase, freight-
ship, to the Cape of Good Hope, to relieve the 9th Com-
pany, under the command ofCaptainTylden, the company
having been stationed at the Cape since 1845. As yet
no orders have been issued for the supply of Mmie rifles,
or some better description of small arms, which they will
surely take with them to Kafirland,.instead of their pre-
sent comparatively useless carabine. The Ist Company,
under the command of Captain George Ross, Royal
Engineers, proceed to Chatham on the sth inst., for the
purpose of being instructed in field fortification, &c.
DISASTERS AT SEA.—LOSS OF LlFE.—TheEa,Bralle,
Melling, which sailed from the Mersey on Thursday
afternoon, went on shore on the East Mouse, between
Point Lynas and the Skerries, at ten o'clock the same
evening. She got off at two o'clock yesterday, but
Con-
siderable leaky. One passenger and one of the crew lantdoed.
thefate
of t
hi s
fi anxietyne ship,
vessels
bound for Australia, and was one of the largest
how-
afloat, being nearly 1800 tons r.egister. Hap
pi,
yesterday
wasa ofieel tiiaa during
aabout
the eBdo aoy
saosuls onboar
off the Head. Three of the crew too o a, w
evening.eo vffe
os
lhyeh
eladtbmadeblew
rs hertear
yesterday
aep
gyp
o.e
laAar ar nshmcoeamili nesatcnhh
eeokof Mrtnoet
eventyebsot
aground
i
upset
drowneds
in
she
Ts neared
st
schooner
ho
fo
opntehereir shore,ivoass
str
freightedi
iaong d t
otwh eirtehnmdt
ieennr.
twhTeehrueei
assistance.schooners Mary Ann and Domestic, of Bideford, were
both disabled, and towed into Holyhead Bay ; and the
railway boat Cambria reports several vessels riding very
awkwardly in the bay. A vessel, name unknown, went
down off Puffin Island, yesterday ; crew bayed.