The Sun.
London, England, 1856-04-14 00:00:00

MONEY MARKET

COMMERCIAL INTFT.TJGENCE.

CITY, Two O'CLOCK,

The Liverpool Cotton Market on Saturday
closed with excitement. Compared with Friday's
rates, prices of Americans were 1-16 d. dearer ;
other kinds were extreme. The demand was active,
and the market ill supplied. The accounts per
Persia encourage people to believe in a sudden
falling off in the receipts. The sales were estimated
at 15,000 bales, of which 3,000 were for export,
and 3,000 on speculation. The sales included 800
Pernam and Maranham, at 64d. to 7d. ; 300 Bahia,
61d. to bid. ; 700 Egyptian, 61d. to 9d. ; 200
Surats, 4-id. to sd. ; and 150 Sea Islands, 10d. to
17d. per lb. In the Railway Share Market there
WAS no particular feature to note.
Accounts from Trieste state that wools are in
great demand there in consequence of a large de-
mand for the English market. Holders of stocks
have stood out for an advance and obtained it.
Sales of 1,050 bales white Albanian realised from
32 florins to 34k, 340 bales from Scutari of lambs'
from 48 to 50 florins, and a lot of coarser quality
from Bosnia brought from 37 to 41 florins.
Advices from New York state the Stock market
was quiet, but a revival of business was soon ex-
pected. During the week, ending March 28, there
was an excess of imports over exports to the extent
of $3,261,208. The shipments of specie were
$158,706, making the total for the year to the
same date $3,802,573.

From California we learn that the gold deposits
in the San Francisco Mint during the months of
January and February were 234,556 ounces, and
the coinage during the same time amounted to
$2,405,654, which is an increase of $839,025 over
that of the corresponding period of 1855. Money
was tight, but business was active.
By the Atrato, West India Mail packet, dates
from Pernambuco are to hand of the 14th March,
announcing the arrival at that port of the Black-
wall, M'Kerlie, which left Port Philip Heads on
tho 28th December with 87,281 ozs. of gold on
freight, and the Victoria, from Adelaide, with pas-
sengers. Both of these vessels had put in to Per-
nambuco for supplies. The Atrato brings 680,000
dols. on freight. _

There is as extremely quiet market for Public
Securities, and the quotations are nearly stationary.
The arrangement of the Foreign Stock and Rail-
way Share accounts is absorbing most attention at
the Stock Exchange. Consols for money are 93
to 93k, and for account 93: The New 3 per
Cents. were 921 to 93, and the Reduced 911 to 92.
Bank Stock is 2121 to 2131, being lower. The
March Exchequer Bills are 4s. premium, and the
June is. discount. The Bonds are 98i India
Stock is marked 229.

There is a very inanimate market for Foreign
Securities, and the quotations are not much affected
by the progress of the settlement. Turkish Bonds
are buoyant, the 6 per Cents. having risen to 981
and 99k for money, and to 99 and 991 for account.
The 4 per Cents. are 1011 to 102. Mexican
Bonds are 22k, Equador New Consolidated 15f,
and the Ditto Land Warrants 51. The other se-
curities are nominal.

The following are the nominal prices of Foreign
Stocks :—Grenada Deferred Bonds, 61 7i ; Mexi-
can, 221 3 ; Peruvian, 78 80 ; ditto 3 per Cents.,
54 5 ; Russian 5 per Cents., 104 6 ; ditto 4i per
Cents., 94 96 ; Spanish 3 per Cents., 45/ 6 ; ditto
Deferred, 24i ; ditto Certificates, 5/ 6 ; ditto
Passive, 71 4.

This is " making-up" day in the Railway Mar-
ket, and the prices are consequently influenced by
the arrangement of the account. Money is in re
quest, and the rates of " contango" are heavy.
The market is active, as the amonnt of business
done recently has been extensive. The French
Lines continue firm, and the Belgian and the
Canadian are firmer.

Mining, Banking, and Miscellaneous Shares are
without any change requiring special notice.

00
2F
50
20

BRITISH FUNDS THIS DAY.—CLOSING PRICES. I 2
51
(From the Official List.,;

swoon, done.
tank Stock
3 per Cent. Reduced Annuities 92 i 4 i
3 per Cent, Consols Annaitiew 93 4 3
New 3 per Cent. Annuities
Long Annuities, expire sth Jan. 1860 3 3-16 4
Ditto 30 Years, expire sth April, 1885 l6k
India Stock 229
Co-.sole for Account
E!chequer Bills, 24d. March. June,
.. 21000
k
2500
Small 2 p 3 a
Ditto Bonds, 1853, 34 per Cent. 9'i tl
Ditto, 1.859
PRICES OF FOREIGN FUNDS THIS DAY.
Equador Bonds
Ditto New Consolidated l5l
Ditto Provisional Land Warrant
113xican 3 per Cent.
Sardinian Bonds, 5 per Cent.
Turkish Bonds, 6 par cent 9Bi $ 9i 9 84
Ditto Account 99 $ x d
- Ditto Guaranteed, 4 per Cent.
Ditto Account
Dividends on the above ;sayable in Lnnnor
Trench Rentes, 4; per Cont. 92f. 50e. Ex. 25r. 37; c,
Ditto 3 per Cent 73f. Ex. 25f. 374 c
Austrian Bonds, 5 per Cent., 10 Gull., £ 86
THREE O'CLOCK.
Consols, money . . 924 3
Ditto Account (May 8) . 934 $

THE BAND IN. KENSINGTON-GARDENS,

Long before the hour yesterday at which it was known
that the band of the Royal Horse Guar ls Blue were, by
order of the authorities, to play in Kensington-gardens,
an immense concourse of people had assembled. To
judge from the aspect presented by the gardens and the
park adjacent, there might have been something like
14,000. It was pleasing to watch the orderly and well-
",;
dressed crowd—the humblest in their holiday suits—to
observe their decorous behaviour, and to mark their LI
quiet enjoyment, at one and the same time, of the fresh
air, the trees, beginning to assume their spring attire, I,
and the music—such as the music was. What harm
was there in this 4 Was it not better, after the hours
devoted to worship, to combine the enjoined repose
with health and harmless relaxation than to pass the re-
mainder of the day in close and pent-up chambers, to-
gether with the narcotic solace of tobacco, which, in
spite of every precaution ingenuity can devise, will
always be accompanied by that other solace of " the
glass ?" Were the birds, and the trees, and the green
grass, and the air of heaven, all made for nothing !—or,
like the rest of nature's blessings, for our enjoyment ?
And how many, in this huge city of labour and toil,
are only at liberty to enjoy them on one day in the
week—two-and-fifty times in the long year !
Now that Government has turned a deaf ear to those
who would deprive the people of rational pleasure on the
solitary day of recreation which is allowed them, we
cannot but think it might be turned to better purpose.
The music, which is the point erappui of these enormous
reunions in Kensington-gardens, has hitherto been really
below par. Last year it was indifferent enough, but this
year it is considerably worse. The arrangements, to
begin with, are on a scale of poverty totally at variance
with the praiseworthy object in view. The hand is, as
it were, pounded in a space so confined, that the musi-
cians are fairly edged in by the crowd. The plat-
form, which constitutes the orchestra, is so low that,
except by those in its immediate vicinity, nothing
can be seen but the red caps of the players
while the sound cannot by any means penetrate through
that dense phalanx. A raised pavilion, as at the Brus-
sels fetes, could be constructed at a trifling expense, so
as to render the orchestra visible, and the music audible
everywhere within reasonable distance. This would ob-
viate the necessity of thronging round the place, to the
inconvenience of all, the danger of many, and the semi-
suffocation of the majority.
To criticise such a performance as that of yesterday
may seem out of place ; nevertheless, from a general
point of view, we cannot refrain from condemning it as
altogether unworthy. Such an audience as was .as-
sembl'ed merited and was perfectly able to un-
derstand a far better class of entertainment. The pieces
executed were, for the most part, sorry trash, while the
performance itself was almost beneath mediocrity. We
are not of the genus "tight-laced ;" yet we are compelled
o suggest that a series of waltzes, galops, and polkas
was not precisely the programme suited to such a special
occasion. In opposing bigotry let us avoid presenting the
bigot with arguments against us. We are not here goirg
to touch on the vexed question of classical and popular
art. The music, since it is addressed to a vast mixed audi-
ence should be of a character rather popular than grave,
but not altogether so commonplace as to invite a sneer
even from those who are warmest in the advocacy of a
cause against which Sir B. Hall has manfully declined
to oppose the weight of his authority. At present we
shall say no more about the quality of the music, or the
style of the performance, although both afforded mate-
rials for criticism anything but flattering. We trust
that the hints we have given will be taken in good part,
and that those in command will not persist in the seri-
ous error of imagining that anything is good enough for
the people. Not to mention any other item in the pro-
gramme, the fantasia, with variations, on Scotch mele-
dies, besides being it, itself incoherent, exhibited for the
greater part a carelessness or, perhaps, an incompetency
which was little creditable to those concerned, since it
wore the appearance of indifference where indifference
was without excuse.

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