The Sun.
London, England, 1860-11-15 00:00:00

COMMERCIAL INTELLIGENCE.

NEW YORK, Nov. 2.
Stocks are buoyant and active. Money abun-
dant, and in moderate demand at 6 per cent.
Exchange dull and nominal. Flour, State and
Western descriptions, opened sc. better and closed
quiet. Corn scarce and firm. Oats quiet. Wheat
unchanged.

MONTREAL, Nov. 3,
Flour firm, but inactive; receipts moderate.
Wheat and peas dull. Ashes dull, but firm. Pots
are quoted 5 dols.•soc. ; pearls, 5 dols. 50c.
(LATEST BY TELEGRAPH TO FATHER POINT.)
NEW YORK, Nov. 3, EVENING.

The steamships Borussia and City of Washington
have sailed for Europe, the former with 250,000
doll. in specie.

The stock-market is firm. The following are the
latest quotations :—New York Central, 821 ; Erie,
31; Illinois shares, 72. Cotton quiet ; middling
upland, 11-ac. to 111 c. Breadstuffs are heavy, and
declining. Wheat is quoted lc. to 2c. lower.
Provisions dull. Freights higher.
NEW ORLEANS, Nov. 2, EVENING.
The cotton-market is unchanged, The sales of
the last two days amount to 19,000 bales.

THE .PRINCE'S PROGRESS-ITS VALUE MAN-
CIALLY AND POLITICALLY.

(From the New York Herald.)

The Prince of Wales has come and gone. In
every respect his visit to the United States was a
pleasant, and we hope will prove to be a profitable,
one. The young gentleman himself, who, in the
course of events, is to be the Sovereign of that
nation with which we have the closest ties by origin,
by language, by religion, by trade and commerce,
and by identity of national characteristics, was
highly gratified. It is to be presumed that the
members of his suite shared the same feeling. We
certainly can answer for the people of those cities
that he visited. There was something remarkable
in the manifestations of cordial respect evinced
towards him by the people of the United
States of all ranks, from the President
downward. It contrasted favourably with his
experience in Canada, where pestilent Orangemen
so marred the pleasantness of his reception. But
once on the south side of the St. Lawrence, his
progress from Detroit to Portland was one unin-
terrupted scene of pleasure and gratification. He
leaves our shores bearing with him none but
pleasant souvenirs of the country, and with the
conviction forced upon him that a republican form
of government is not, after all, so objectionable
as Court tutors may represent and young Princes
might suppose.
Some narrow-minded philosophers of the utili-
tarian school may think, however, that both
Prince and people paid rather dear for their
whistle, :and that the game was not worth the
candle. They may point to the supposed cost
of the demonstrations, and ask to be shown any
corresponding benefits. A million or two of
dollars, they may say, is too vast a sum to be
so lightly squandered. A million or two is a
low esi'imate of the amount of money put in circu-
lation by the Prince's visit. Six or eight millions
would be ouch nearer the mark. The Prince's
own expenses were very considerable. Special
trains cost rather dear, and so do extensive suites
of apartments in fashionable hotels. The Prince
was magnificent, too, in his largesses to hotel ser-
vants and other persons in subordinate positions.
Checks for various sums, from 500 dollars to 1,000
dollars, for distribution among servants, testified to
his liberality and his credit at his banker's. Pre-
sents of costly jewelry to partners in the dance and
to persons who had done him service or afforded
him gratification helped to swell largely his ex-
penses. His stay in the United States was exactly
a month, but he could not have managed to expend
in that time less than 100,000 dollars--a mere
bagatelle, to be sure, to one who has the British
Treasury at his back.
Close-fisted economists need not grumble at
that, nor exclaim against such wasteful extrava-
gance. Our republican fellow-citizens outbid
the Prince himself in liberality. Where he spent
hundreds we spent tens of thousands—take the
ball at the academy of music for example. Think
of the glittering diamonds, the exquisite laces, and
the costliness of millinery displayed on that occa-
sion. It would be a ridiculously low estimate if
we were to place the average outlay of each person
present at 200 dols., and yet at that figure the
aggregate expenditure of 3,000 would amount to
600,000. If we were to set it down at 1,000,000 dols.
that figure would not be extravagant. The half a
million of people who filled up Broadway on the
day of his entry into New York—many of them
coming from distant points—must have paid for
their holyday not less than half a million of dollars.
On the whole, between the military display, the
ball, the firemen's procession, and the general
junketings during the few days he remained
here, the occasion must have put in circulation
nearly a million of dollars. All this was so much
gained to the wealth of the community, for
the money came chiefly from the classes that can
well afford to be extravagant. The demonstration
at Boston, including the splendidly successful ball,
must have been the means of circulating a sum
equal, at least, to half of that. Taking these
figures as a basis, we might estimate the general
expenses, or, we might more properly say, the
profit, of the Prince's visit as follows:

Dollars.
20,000
20,000

Detroit
Chicago ,
St. Louis
Cincinatti, including ball
Pittsburg .. •• •• ••
Harrisburg ..
Washington, including Cabinet dinner and visit
to Mount Vernon •• .. .. .. 50,000
Richmond, including ball • • • • .. 50,000
Baltimore •• .. .. 20,000
New York .. 750,000
Philadelphia, including opera 100,000
West Point •• •• •• .. .. 5,000
Albany .. .. 10,000
Boston •• •• •• • . 400,000
Portland, including ball to officers of the fleet.. 30,000
Expenses in Canada 1,000,000
Expenses of the Prince, suite, and fleet .. 1,000,000

.. 20,000
• • 100,000
.. 10,000
10,000

General aggregate .. 3,595,000
We do not suppose that we are very far astray
in these calculations; and if not, the money value
of the Prince of Wales's visit to North America may
be set down at between four and five millions of
dollars. Its moral and political value is inestimable:
The demonstrations—in this country, at least—
were due, in a great part, to the public estimation
of the womanly virtues of the Queen of England.
They were a tribute to virtue, and therefore could
only be, in their moral effect, good. The sentiment
which greeted him in Detroit-- You're welcome,
laddie, for your mither's sake"—was that which
predominated every where.
As to the political consequences of the visit they
are more easily comprehended. The Prince car-
ries back with him favourable impressions of our
country, our Government, and our people, which
may prove to be of the highest importance in the
future. He hopes to see us once more before he .
ascends the throne adorned by his Royal mother.
He so informed the cadets at West Point. They
wanted him to
.join their mess. He would will-
ingly do so, he said, were it not for the old fogies
—making use of an American expression, and re-
ferring to the Duke of Newcastle and the other
noblemen who had him in charge. But he told
them that after he attained his majority he would
pay another visit to this country—a visit in which
there would be less formality observed, and per-
haps mere information acquired. We hope the
Prince will not forget his promise ; and we trust
that an acquaintance so auspiciously commenced
will ripen into a bond of amity between the two
nations which no political disagreements will ever
be able to burst asunder. Socially, morally, finan-
cially, and politically, the Prince's visit was there-
fore beneficial. Who is to be our next Royal
visitor ?