The Sun.
London, England, 1847-03-26 00:00:00

(3'2-

HONEY and COMMERCIAL NEWS.
(From The Sun of last Nir,!lt.)
The Cotton and Share Markets were closed yesterday at
Liverpool.
We have received from a correspondent a letter in re-
ference to the analysis of the Bank of England cir-
culation, given under this bead on the 20th instant.
We did not intend to infer, as the writer supposes, that the
circulation of notes was diminished to the extent of the re-
duction in notes issued, otherwise we should not have given
the items in tabular form, taking special care, likewise, to
insert the decrease of notes in the banking department, and
append our remarks at the conclusion of the table, and not
after any particular item; and most City 'Article ret,ders are
aware, that in order to judge of the actual decrease of
circulation from week to week, they have only to make
allowance for any increase or decrease in the " notes" un-
employed in the banking department, and balance it against
the alteration in the notes issued.

As there may be some general readers, however, who do
not rightly understand this, we subjoin the explanation,
drawn up for them by a correspondent, who writes from
Bristol, under the signature of " Cosmopolite" :
" The notes issued are not by any means a criterion of the
notes in circulation; if they were so, then the comparison
between the notes issued in the last returns, say 24,786,340,
and those of March 14, 1846, 27,117,8051., would exhibit
a decrease of 2,331,4654 whereas the actual deficiency in
the circulation is not more than 173,485 i. between these two
returns.
"To ascertain the exact amount of notes in circulation,
you must subtract the notes remaining in the banking de-
partment from the notes issued, and then you will find that the
circulation for the week ending March 13th, 1847, was
19,232,2004 and that on the 14th March, 1846, 19,405,685/.
"The amount of bullion and securities in the issue depart-
ment being 24,786,3401., to which must be added 663,1211.
gold and silver coin in the Bank, and you have 25,449,461/. ;
deduct therefrom 19,232,2001., the notes in circulation, and it
would appear that the Bank has still a large sum of bullion
(say 6,217,261/.) at their disposal before there can be any
lawful necessity for reducing the circulation below the pre-
sent returns ; and as the silver loan of one million will
doubtless be repaid by the bank of France at the end of this
month, which, together with the large sums expected from
South America and China, and the Siberian gold from
Russia (now that the exchanges are improving), will all tend
to place the Bank of England in such a safe position as to its
bullion, that further apprehension on that head should cease,
and confidence be speedily restored."
The accounts from the United States, given in another
column are to the 6th inst., and are satisfactory in respect to
the supply of food available, although the high rates paid
are not likely to be maintained. The state of Maryland
ITas about to resume payment of the interest on its debt.
he markets in America were tolerably active.
There has been scarcely any business doing, and prices
have been heavy in the Stock Market. Consols are 894 to
89. The Scrip is IA discount. Exchequer-bills have been
again marked par to 3s. premium.
The Foreign Securities are equally dull. Spanish Five
per Cents. nave been 22%, and the Three per Cents. 34%.
Mexican Bonds are 213 A. Dutch Two-and-a-Half per Cents.
have been 583 A.
Railway Shares participate in the general quietude.
BRITISH FUND?,. ONE CLOSING
'CK. CE
Three per Cent. Consols Annuities .. OCLO
89% 89 PRI S.
89%
New Three-and-a-Quarter per Cent. Anus. ex dir 89%
Long Annuities, Expire Jan. 5, 1860 ex div 9 1-16
Ditto, 30 years, Jan. 5, 1860 .. • • 9 5-16 9 5-16
Consols for Account .. .• 8914 89 89%
Consols, Scrip •• •• •• • • • % die % die
Exchequer Bills. 13 d. 2d.
1,0001... •... 3 p par pm. par
5001. 3 p par pm. par
Ditto, Small .• .. 351 p— pm. 1 p
ONE CLOSING
O'CLOCK. PRICES.

FOREIGN FUNDS. _ _
Mexican Bonds, 1846, 8 per Cent ..
Ditto, for the Account .. 21 4 %
Peruvian Bonds, 6 per Cent.....—
Portuguese Bonds, 5 per Ceut 84

2176
39%
ti,N

Ditto, 3 per Cent
Spanish Bonds, 5 per Cent ..
Ditto, for the Account .• 2234
Ditto, Three per Cent .. 34%
Venezuela I3onds, 2 per Cent .. .. 40
Dividends on the above payable in London.
Belgian Four-and-a-Hall per Cent ..
Dutch Two-and-a-halt per Cent .. 40
Ditto. 4 per Cent. Certificates .. 92 %
RUSIN. ESS
CLOSE-TO
PAID. DONE AT
PRICES.
ONE O'CLOCK.

PRICES OF
RAILWAY SIIARES.
Amber., Notting., Boston, and
Eastern Junction . • . • • 2% . • 2%3fi
Birmingham and Oxford Junction 5 .... 13%........
Boston, Stamford, & Birmingham 5 .... 6% •
Buckinghamshire 61.45..... p
Caledonian .. • . .. 30 27% % ......

22
34%

2%
13%
67,8
toi P

Ditto, Half Shares .. .. 2
Chester and Holyhead ..
Direct Northern Scrip .. 234 i
Eastern Counties . .. 20 . 1934 20 ..

24%
25j,

Do. Perpet., 5 per Cent. No. 1.61. 13s. 4d. .......
Ditto, ditto.. .. No. 2. 6/. 13s. 4d. p
Ditto, York Extension .. 5 5 14 5
East Lancashire • • •. 17 •• • • 18% ...... •• • 181
Ditto New . • 7 94 9 9
East Lincolnshire . • • .. 4..•.6% 7 • • . • • 7 Edinburgh and Glasgow .. .. 50 Ely and Huntingdon .. .. 71% ex div 71% x.d.
.. % .. 12% 12%
Great Northern (London & York-
12
Do., do (Direct Northern Regd.) 3% 3% % • ....
•. • • 3%
Great Western .. .... 115 115%
Ditto, Half s;hares .. 50 .... ..
. •• . 68
Ditto, Quarter Shares 121 y .... 171 17%
Ipswich and Bury StEdmunds .. 14 ....... —
Ditto ditto, and Norwich .. 5 .... 2%
Leeds and Bradford .. • • .. 35 .... 78% 78%
Leeds and Thirsk . 22%
Ditto, Preference 6 per Cent. •• 3% .•5•••• .. • • • . 5%
London and Blackwell .. 16/. 13s. 4d.
Ditto, New, No. 1 .. 4 .... 4%
Ditto, New, No. 2 .. • • 11. 13s. 4d. p p
Ditto, Extension .. .... 5 ..
London, Brighton, and S Coast— 50 531 53% 53%
London an North-Western • .100 •• • . 179% 178% 178%
Ditto, Quarters . .. 2 .... 19 ..
Ditto ditto, New Shares .. 2 .... 13 •. • • 13%
Ditto, Fifths .- •
Ditto, 401. Shares IL &B. . - to .. 7t,N.,
London and South-Western • • 41/. Gs. 10d... 631 64
Ditto, New Consul. Eighths 40 ....
Ditto, New .. 22%.... 25% 251
Ditto, Tenths (Consolidated) •• 50 .... 54% 54 • • 54
London and York Extension Scrip 219 .... 2% .....
Manchester and Leeds .. .. • • 82 .• .. 105
Ditto, Thirds (Reg.).. 71. 45..... p...... • • 2% p
Ditto % (late 'ladders. & Sheff.) 23 .. • . 26% •••••••• • • 26%
Manchester, Buxton, & Matlock 425. •• • • % 1)• • •• • • • • • • P
Manchester and Southampton 2
.... %
Midland .. .. • . —lOO . • 118% 118.
5% ..

Ditto, New -•• ••• • • 118
' .. 2 5%
Midland, Birming. & Gloucest...loo 123 .... •• •• • • 124%
Newcastle and Berwick .. •• 20
.. • • 29 k % .. • • 29
Ditto, New .. . • • • • 5 B5(
Norfolk .. • •
•.. .. • • .. 100 . • 137 •• • .... 137
North British .• • . • • 25 .. • • 3336 14 33%
Ditto, Extension .. •• • . l% .......... 1
Ditto, Thirds . • .. •. • • 1 3% „
North Staffordshire .. • • •• 5 8 .......... 8
Ditto Scrip (late Churnet and •
Blythe) .. . • - • . .. 2 4% ......... , 4 u
Oxford,Worcest.,& Wolverhmptn. 22% l6 1812
Preston and Wyre .. • • •• 25 3434 35 ...... 35
Ditto, Half Shares (A) • • • • 8 •• • • --• ••••• • • • •
Ditto, ditto (B) .. • • . 1 .. . • 1s %
Reading, Guildford, and Reigate 5 5 ..... 5%
Royston and Hitchin . • • 1% •• • • 254 ••• • • ....
Shrewsbury and Birmingham .. 3.. 45454 ••• • • • 4
Ditto, Class B 118 l)6 134
Shropshire Union .. 425... 1 • 1 dis.
South Staffordshire Junction .. 21.143.1 d % p•• •• •• •• •• % P
South Eastern and Dovor 33% 33 .•••• • • • • 3834
Ditto. New ass. at 321.) No. 1. 20 2254 •• •• • • 22%
Do.. New (d 0.331. 65.8 d.) No. 2. 12 l3 . . . l3
Do.. New (do. 301.) .. No. 3. 15 — • ....• • • ..16%
Do., New (do. 151.) .. No. 4. 3% • • 4%
South Yorkshire, Doncaster, and
Goole .. 2 254 .......... 2 %
Waterford and Kilkenny 1354 6 ........ • • 6
Weit Riding Union .. • - .. 41. 2s ll4 p....,. 134 p
York and Newcastle .. 25
Ditto, New.. .. 10
Ditto, Preference .. 4 .. • - • ...... 834
York and North Midland
Ditto, Extension .. 20
Ditto. Pretbrence • • .. .. 2
Do. E. and W. Riding Exten... 10 ...• 21% 22 .... • • 22

- -
FOREIGN RAILWAYS.
Boulogne and Amiens 0 165(
Central of France (Orleans and _

Vierzon) • • • • •• • • .. 12 .... 14!.( .....
Dutch Rhenish • • .. 7 .... 4 x.........
East Indian .. . ss. ....
Northern of France .. .. • • 8 .. 12X .
Paris and Lyons • • .. 8 .... 6 .
Paris and Rouen .. .. 20 .. • . 34U .. • • ...
JOINT-STOCK BANKS.
London Joint-Stock .• .. 10 .... 16 .........
MINES.

57i
34k

Real del Monte. UnTexistered .. .... 3% ......

FOOD ON THE CONTINENT.
We translate the following frum the Gazette de Gri-
sone, a French commercial journal. It presents the re-
sult of investigations made throughout Europe for that
paper respecting the late harvest:—
Russia.—Southern provinces—Grain moderate in
quantity, good in quality. Northern provinces—Harvest
abundant. Potatoes diseased in only a few districts.
POLAND.—Grain tolerable in quantity and quality.
Potatoes failed extensively.
SCANDINAVIA.—Bad harvest in general.
PRUSSIA.—In all the provinces there has been an ave-
rage harvest. Grain and potatoes tolerable in quality.
SAXE -HOLSTEIN.—Grain tolerable. Potatoes attacked
with the disease, more or less.
latiovEß.—Grain tolerable. Potatoes failed almost
everywhere.
WIRTEMBE AG AND BAVARIA.—Grain moderate in
quantity, excellent in quality. Potatoes have com-
pletely failed in some provinces, and have been abundant
and good in others.
TURKEY.—Maiz, good. Rice and wheat tolerable.
AUSTRIA.—Grain abundant, but not very good. Po-
tatoes diseased in some provinces, but deficient in others.
Generally speaking, a good harvest.
ITALY.—Maize good ; rice not very good ; grain
scorched in many districts. No return as to potatoes,
not being much cultivated in Italy.
SWITZERLAND.—Grain moderate in quantity, good in
quality. Potatoes failed.
FRANCE.—Grain only tolerable. Potatoes failed in
four-fifths of the kingdom.

HOLLAND ♦ND BELGIUM.—Grain tolerable. Pota-
toes failed generally. _

ENGLAND.—Grain good. Potatoes failed in many dis-
tricts.
SCOTLAND.—Grain tolerable. Potatoes failed exten-
sively.

IRELAND.—A bad harvest in some kinds of grain.
Potatoes failed almost entirely.

AN UNTOWARD DREAM.—A
er
respect
mabelealuoucstioinnjeueryr of Chesterfield was so troubled a
short
time
dream, as led him to infiict upon himself a sba.ck with a
while under its influence. He dreamt' that he was much
troubled with a nutshell that had become jammed between
his teeth, and so strong was that impression, that he tugged
violently at the supposed shell torelieve himself from it ;
awakening with his efforts, he foundto his great consterna-
tion that he had pulled
out' a sounddouble tooth, which had
been the night before a firm-set and serviceable grinder, but
which he then held h)tween his finger and thumb. —Derby
Mercury.
NEW CATHOLIC CHAPEL.—The long-pending
negociation for the purchase of a piece of ground in Ring
Edward's-road, Mare-street, Hackney, for the erection of a
building for Catholic worship, has been effected, and the
foundation •stone laid a few days ago. A supper to the work-
men engaged was given at the Dolphin Tavern, on Monday
ni6lit.
A collection of very beautiful Italian sculpture has
been publicly exhibited at Robins's Auction Rooms during
the week. There is an endless variety of exquisite groups.
and figures, which surpass all former efforts of the modern
sculptor, whilst vast taste is shown in the selection of the
subjects. The rare marbles of Elba and Tuscany, sculptured
1
into noble tazzas and vases, present splendid objects of de-
coration for the gallery and hall. We noticed a truly colos-
sal pair of tazzas, far surpassing in elaborateness of sculp-
ture any before seen in this country. The sale takes place
this day.