The Sun.
London, England, 1858-03-12 00:00:00

BOURSE, March 11.—The following were the
[notations :

4i per Cents 92 45
Do. end month —
3 per Cent. ..... 69
Do. end month 69 10
Bank Shares
Credit Mobilier 845
Do. Account Bll 25

Credit Foncier 590
Belgian 44
Piedmontese (5)
Roman —
Austrian
Spanish Threes .......
home Debt —

RAIL'
Orleans
Northern
New Ditto 7BO
Lyon and Mediteran. 810 i
New Ditto 7Bl
Geneva

Midi
Western 665
Strasburg
Grand Central 640
'Sardinian
Austrian

The following is the monthly debtor and creditor
account of the Bank of France, made up to yester-
day (Thursday) :--.
Capital
Ditto, New
Profits in addition to Capital
Reserve fund
Ditto, New

DR.

Fr. 0.
91,250,000
91,250,000 -
1,435 605 74
12,980,750 14
9,125,000 -

Reserve immobiliere
Notes to bearer, in circulation 519,917,000
Do. of branch banks 43,347,600 --
Do. to order (Post bills)
Bills parable at sight 2,648,186
Acuount-current of Treasury Creditor 94,137,131 28
Various accounts-current 123,910,877 41
Do. branch banks 25,975,152
Dividends to be paid 1,112,301 25
Discount, interest, and expenses
Charge for safe keeping of securities 6,119,602 65
Re-discounts of the last half-year
Overdue bills
Sundries

3,471,197 3

1,039.516,637 -

Cash and ingots . 123, 194, 385 73

Cash at the branch banks -
Bills due yesterday to be paid to-day 2,648,729 68
Bills becoming due in Paris
Bills in the branch banks
Advances on coin and ingots
Do. in the branch banks
Do. on public securities of France 25,291,400
Do. in the branch banks
Do. on railway shares and bonds 51,859,800 38
Do. in the branch banks
Do. on Credit Foncier Scrip 243,500
Do. on Branch Banks Scrip 90,600 --
Do. to the State by treaty of
June 30, 1848
Rentes of the reserve fund 12,980,750 14
Rentes of disposable funds
New Shares, not settled 28,202,669
Hotel and furniture of the Bank
Real property of branch banks
Expenses of administration 802,811 67
Premiums on the purchase of matteres
Sundries 5,587,321 42

1,039,516,637
PREVIOUS MONTH'S RETURN.
DR. Fr. c.
Capital -
Ditto, New
Profits in addition to Capital ' 1,435-505 74
Reserve fund
Ditto, New

Reserve immobiliere 4,000,000
Notes to bearer, in circulation
Do. of branch banks
Do. to order (Post bills)
Bills payable at sight
Account-current of Treasury Creditor 78,635,287 27
Various accounts-current
Do. branch banks 28,389,515
Dividends to be paid
Discount, interest, and expenses
Charge for safe keeping of securities, 4,4.48,846 92
Re-discounts of the last half-year
Overdue bills
Sundries

Cash and ingots
Cash at the branch banks

1,029,759,068 89

83,778,797 8
199,075,277 --

Bills due yesterday to be paid to-day 3,476,446 61
Bills becoming due in Paris
Bills in the branch banks

Advances on coin and ingots
Do. in the branch banks
Do. on public securities of France 23,472,300
Do. in the branch banks
Do. on railway shares and bonds 48,805,555 90
Do. in the branch banks
Do. on Credit Foncier Scrip 225 600
Do. on Branch Banks Scrip ...
Do. to the State by treaty of
June 30, 1848 ..
Rentes of the reserve fund 12,980,750 14
Rentes of disposable funds 52,189,482 3
New Shares, not settled_ 42. 114.573

Hotel and ttirnittne of the Dank
Real property of branch banks
Expenses of administration
_

Premiums on the purchase of matieres
._. _ .

_
Sundries

4,000,000 -
5,663,617 -
466,394 51

4,438,549 86

1,029,759,068 89

GREAT SHIP CANAL.

The following relates to a great project for con-
necting Lake Huron with the internal river naviga-
tion, of Canada, which has long been contemplated,
as destined ultimately to be accomplished :
" Sir,—ln a recent article you alluded to a project,
now contemplated in Canada, for the formation of a
ship canal to connect the waters of the Ottawa with
Lake Huron, some further particulars regarding which
may perhaps be of interest.
" The, object proposed is to bring the vast trade of the
Western States of America through British territory by
constructing a route along which the produce of lowa,
Wisconsin, Illinois, and Michigan, as well as of Nebraska
and the other States rapidly rising in the West, may
be brought direct to Great Britain, without any change
of conveyance. Already vessels of a small tonnage have
passed direst from Chicago, at the head of Lake Michi-
gan, to Liverpool without breaking bulk ; but* their
route necessarily passing through the Welland Canal
and the various others made requisite by the St. Law-
rence rapids, is'not only circuitous, but is only avail-
able for vessels of a small size. The projected ship
canal would afford an almost direct communication for
ships of large tonnage to ports more than 1,200 miles
from the ocean, and would form the great highway by-
which the Western States would be supplied and their
produce expected, instead of the route now employed by
railway, canal, and lake to New York.
"The course proposed leads up the St. Lawr3nce and
its large tributary, the Ottawa (passing the new seat of
Government), to a point nearly 300 miles above their
juncti,pn ; whence, crossing to Lake Nipissing, the
French River leads down to the Georgian Bay of Lake
Huron, affording easy access to any place on, cr westward
of, the three great lakes. Almost the only actually fresh
cutting required would be between Lake Nipissing and
the river Ottawa, through the Turtle Lakes, a distance
of less than 60 miles, although both the French
River and the upper porti,n of the Ottawa would
require considerable outlay to adapt them for large
vessels. The importance to Imperial interests of a ship
route to the Western Lakes, proceeding entirely through
British territory, at a considerable distance from the
frontier, and affording a channel for the direct inter-
' change of Western produce arid British manufactures,
must be obvious, and Canada would therefore have some
grounds for urging the home Government to view it as,
to some extent, an Imperial work. Should the British
Government consent to an Imperial guarantee of 6 per
cent. while the canal is being made, there is every
reason to believe that the Canadian Legislature would
grant their assistance in the shape of 6,000,000 acres
of land.

" I am, sir, your obedient servant,
" CANADIENSIS."