The Sun.
London, England, 1850-09-28 00:00:00

MONEY and COMMERCIAL NEWS.
CITY, TWO O'CLOCK.

The sales of Cotton at Livcrpol yesterday were esti-
mated at from 5,000 to 6,000 bates, of which 1,000 were
taken on speculation. The market closed steadily.—The
Share market continues firm.

The payments into the Bank of Eng7and last week
again exceeded the withdrawals, and a curtailment of ac-
tive circulation has been the necessary result. The depo-
sits on Government account already exceed ten millions,
and will probsbly be at their height this day, a circum-
stance that will be shown in next week's return. There
was again a curtailment of private balances, and the Bank
made increased loans upon mercantile paper, &c. The
amount of the precious metal was increased a little.
The following is a comparison with the previous
return:—

Notes Issued ... 30,176,120
Decrease ... 13,020
Rest ... ... ... 3,557,595
Increase /067
Public Deposits ... ... 10,222,879
Increase ... ... 733,972
Other Deposits ... 8,963,161
Decrease ... 64,704
Seven Day and other Bills ... 1,239,992
Decrease 24,526
Government Securities ... ... No alteration.
Other Securities ... ... 12,158,839
Increase ... 250,145
Notes ... ... 11,313,980
Increase ... 366,550
Bullion ... 16,811,698
Increase . • ... ... 16,594
Active Circulation ... 18,862,140
Decrease ... 379,570
The negotiation of bills of exchange was effected,
yesterday afternoon, upon terms a shade lower fur
Amsterdam and Ilamburgh--viz , 12 1 to 11 and 13 101
to 14, but Antwerp rose to 25 50 and 55, and Trieste
to 11 55 and 59. Paris steady, at 25 50 to 55.
There is a good increase in railway traffic, taking the
past week and the corresponding period of 1849. The
Aberdeen takings were larger by 70.11., the Caledonian
by 3921, the Chester and Holyhead by 1,2631. The
East Lancashire increased 4481., the Great Northern
3,7971., the Great Southern and Western of Ireland
1,4491., the Great Western 2,0231., the North-Western
3,7361., the Blackwell 1201., the Brighton 1,8751., the
South-Western 2,179/, the Midland 1,8791., the North
British 4391., the North Stafford 743/., the South Devon
6991.. the South-Eastern 3,561/., the York and North
Midland 1,9681., and the York, Newcastle, and Berwick
1,1831. The Eastern Counties decreased 2911.
The fel'owing is from Messrs. Railton, of Manchester:

"On the 27th ult. we placed before you a presumed
purchase of twenty-three shares, by one share in each of
the unguaranteed stock of twenty. three railway concerns.
The twenty-three shares amounted in the whole to
7331. 16s. 3d., which embraced all that were necessary to
form an accurate test of the actual condition of the
market in respect to the unguaranteed capital,—omitting
in course the portion of the capital secured by preference
dividends.

The unguaranteed capital connected with
those 24 shares amounted to ... £95,937,717
The market value of which was on tke
26th of April ... 32,978,424

Making a loss of ... ... 62,959,293
The gain of 141. 2s. 9d. per cent. on the
18th Septemher, reducd the loss by ... 5,429,982

57,529,311

The value of the unguaranteed stock on
the 18th of September being only ... 38,408,406

Which, added to the loss, makes the total
amount of the unguaranteed capital ... £95,937,717
" The state of the unguaranteed capital stood, at the
close of the week ending the 25th of September, at a
gain of five shillings and ninepence per cent. There
being no variation in the price in one line—a loss upon
nine lines—and a gain upon thirteen lines."
The efforts making to raise the character of both the
masters and seamen in the merchant service of the
United Kingdom will be watched with no small solici-
tude and curiosity. The old stagers, of course, felt very
dubious and very discontented at the more rigid exami-
nation into their qualifications, but as they will receive
certificates of service they are already, to some extent,
propriated. The administration of justice between
owners and seamen will be greatly facilitated, and the
public will have some guarantee that not only the mas-
ter and mate, but the crew likewise, are competent and
well•conducted, since the character of all will be offi-
cially recorded. This, in addition to stringent provisions
for punishing the offeace of losing ships, where the
cause was not unavoidable, will render sea voyages far
less hazardous. We subjoin some of the clauses:—
" And be it enacted, that if any master or mate is
convicted of a misdemeanour under this Act, or is su-
perseded by the order of a naval court, constituted as
hereinafter mentioned, the 'Board of Trede 'may there-
upon cancel or suspend his certificate, whether of com-
petency or service; and if the Board of Trade,' or any
local marine beard, has reason to believe that any
master or mate is from incompetency or misconduct
unfit to discharge his duties, such board may either in-
stitute an investigation, or, if expedient, the Board of
Trade' may direct the local marine board at or
nearest to the place at which it may be convenient
for the parties and witnesses to institute the
same; and thereupon such persons as the
Board of Trade' may appoint for the purpose, or as the
case may be, the local marine board shall, with the aesic-
lance of a local stipendiary magistrate (if any), and if
there is no such magistrate, of a competent legal assis-
tant, to be appointed by the Board of Trade,' conduct the
investigation, and may summon the master or mate to
appear, and shall give him full opportunity of making
a defence, either in person or otherwise, and may exer-
cise any of the powers of procuring evidence hereinafter
given to special inspectors appointed by the Board of
Trade,' and shall, on the conclusion of the investigation,
make a report upon the case to the Board of Trade,'
and if such report is to the effect that such
master or mate is, either from incompetency
or from habitual drunkenness, or from tyrannical habits,
unfit to discharge his duties, the Board of Trade'
may cancel or suspend his certificate, whether of com-
petency or service ; and every master or mate whose
certificate is cancelled or suspended shall thereupon de-
liver it to the 'Board of Trade,' or as it may direct;
and such board may at any 'subsequent time grant a
fresh certificate to any person whose certificate has been
cancelled, and it may pay the expense of any such in-
vestigation as aforesaid, and may pay to such magis-
trate or legal assistant as aforesaid such remuneration as
it may deem fit; provided always, that no person in-
terested in any ship shall take part in any investigation
relating thereto, or to the conduct or competency of any
master or mate thereof.„

For the protection of seamen it is enjoined that when
they make an engagement, a form shall bo filled in,
stating:—
" 1. The nature, and, as far as practicable, the length
of the voyage or engagement on which the ship' is to be
employ ed.
2. The time at which seaman' is to be on board
or to begin work.
" 3. The capacity in which each ' seaman' is to serve.
"4. The amount of wages which each seaman' is to
receive. _ . .

" 5. A scale of provisions which are to be furnished to
each seaman.' _

" 6. Any regulations as to conduct on board, and as
to fines, short allowance of provisions, or other lawful
punishments for misconduct, which have been sanctioned
by the 6 Board of Trade,' as regulations proper to be
adopted, and which the parties agree to adopt: And
shall be so framed es to admit of stipulation=, to be
adopted at the will of the master and seaman' in each
case, as to advance and. allotment of wages, and may con-
tain any other stipulation which are not contrary to law.
" Aud be it enacted, that any master or mate of, or
any seaman' or apprentice belonging to any British ship,
who, by wilful breach of duty, or by neglect of duty, or
by reason of drunkenness, does any act tending to the
immediate loss, destruction, or serious damage of such
ship,' or tending immediately to endanger the life or
limb of any person belonging to or on board of such
`ship,' or who by wilful breach of duty, or by neglect of
duty, or by reason of drunkenness, refuses or omits to
do any lawful act proper and requisite to be done by
him for preserving such ship' from immediate loss, de-
struction, or serious damage, or for preserving any per-
son belonging to or on board of such ' ship,' from imme-
diate danger to life or limb, shall, for each offence, be
deemed guilty of a misdemeanour."
The accounts received this morning from the textile
manufacturing districts state that business has been a
little duller within the last day or two, although the ag-
gregate transactions of the week are satisfactory.
The exportation of the precious metals from London
direct this week has been 836 ounces of gold to Ham-
burgh, and 63,536 ounces of silver to Belgium, Germany,
and Calcutta.

In Mining Shares this week a fair business has been
done, but holders are inclined to ask higher rates.
The English Stock Market has been exceedingly
quiet, but very firm. Consols 96i a both for money and
time. Exchequer-bills are 635. to 665., and India Bonds
83s. to 87s. premium.

In the Foreign Market, Mexican Bonds are up to 31
and 31. Spanish Five per Cents. have been marked
18~.; Dutch Two-and-a-Half per Cents. have been 571,
and Russian Four-and-a-Half per Cents. 97i.
Railway Shares have been buoyant again, and there is
an advance in Caledonian, North-British, South-Eastern,
North-Western, Midland and Great Northern. The
York and North-Midland are firmer.

QUARTER TO THREE.
Consols 96:41
Ditto Account 961

BRITISH FUNDS TIIIS DAY AT ONE O'CLOCK.
(From the Official List.)
3 per Cent. Console Anns
India Bonds under 1,000/ B3 87 p
Consols for Account 6% %
Exchequer Bills. 1% d. 2d.
March. June.
1,0(91... — 66 p
LOO/ — 63 p
PRICE OF FOREIGN FUNDS AT ONE O'CLOCK.
Mexican 80na1e,1846,5 per Cent., Coupons
Ditto Ex Jan. Coupons
Ditto Account —
Peru\ ian Bonds, 41A per Cent —
Ditto Deferred
Russian 80nd5.1822,5 per Cent —
Ditto 41,E per Cent 97 97
Spanish Bonds, 5 per Cent l3;-1(i
Dividends on the above payable in London.
Belgian 414 per Cent.
Dutch 21,E per Cent., 12 Guild ••• 67%
Ditto 4 oer Cent. Certificates
BUSINESS DONE IN RAILWAY SHARES AT ONE O'CLOCK
RAILWAr3. PAID. PER SHARE.
Aberdeen
Ditto, Preference
Mau., Notting., Boston, &o. 8% — •••• • to --

Ayrshire and Galloway
Bi!fast and County Down .. 32 ..
3erks and Hants Extension

IGt. West. Perpet.s per ct.) 6
Birmingham & Oxford Junct.,

calls duly pd, or with guar. 20
Do., without a guarantee... 20 .
Birmingham,Wol.,& Dudley,
calls duly pd, or with guar. 15
Do., without a guarantee... 15
Binning., Wol., & Stour Val. 13/.148 —
Birkenhead, Lancashire, and
Cheshire Junction 26
Bristol and Exeter 100 ...... ...... to
luckinghamshire
claladonian
Ditto, New 101. Preference 10 ...... 51i4%... to
Ditto, Clydesdale Junction 50
Ohe,ster ~..id H01yhead......... 50 .....
Ditto, Preference
.:,larence
Direct London & Portsmouth 5
Dublin and Bel ' st Junction.. 45
Dundalk and Enniskillen ... 30
East Anglia, 25/. L. & E.,
au.d L. & D ... .
Ditto, 1 Pd. ,E. &11 lB ~,. ..
Do, 3/. 135.,6 p. Ct. Pref. 31,E —
Do., do. (51.) 7 per Cent.
Preference ......
Do, 71. 175., 7 per Ct. Pref. 2
Eastern Counties
Do. Exten.,s per ct. No. 1,6/. 133.4 d — p to
Do., do N 0.2,61. 13s. 4d.. p..... to
Do. New Pref., 6 per Cent.. 10

Do., Northern &Ea,stern... 50
Do., 5 per cont. -
Ditto, New .... ...... .. 43 . ....
Eastern Union, Class A (late
E. U. Shares) —— 25 - ...... to
Ditto, ditto, Class A, ditto 6 ,
Ditto, ditto, B & C .... • 25
Ditto Scrip (gua. qper ct.) 20
,:ast Lancashire ..,.. ......... 25
Do., New Quarters
Do., 6 per Cent. Preference
Quarter Shares -
iiast Lincolnshire, guar. 6 per
Cent. _ ... ... 25
Edinburgh and Glasgow 5O — to
Edinburgh, Perth, & Dundee 25
Ditto, Now p0rt..... l5
Exeter, Yeovil, & Dorchester 2% — ...... to
Exeter and Exmouth 2ls.
llasg., Dumfries, & Carlisle..Bl. 6s.Bd — .. —. to
Glasgow, Kilmarnock, & Ayr 50
Do. Preference Consolidated
Gloucester and Dean Forest.. 14
Great Northern .
Do. % A Deferred ..... ••• 121,E — ...... to
Do. 14 B 6 per Cent...... 111,4 B3/4 to
Do., 5 per Cent. Pref. ...... 121/2...... 11%
3t. South. & West. (Ireland) 50.

Ditto, Eighths
.3reat North of England 100 — -
Ditto, New 40/...-....... .. 40
Ditto, New 301.

Ditto, New 15/.......... ..... 15
Great Western ...............100
Do. New 171 ...
anti and Selby 5O
to

Ditto, Half Shares ...... 25_ ...... ... to

.. .... .....
Ditto,uarter Shares ... 12% —
Q
Lancastcr and Car1i51e........ 50 -
Do., Thirds
Lt.ncashLe and Yorkshire
Ditto Quarters...... 23% — ...... to
Ditto Fifths
Ditto. Thirils
Do., New Guar. 6 per cent. 10
Do. (Rudders. and Shoff.) 50
Do., West Riding Union-. 1114-- . .. - to
Leeds and Bradford ... . - ...... to --
Leads and Thirsk 5O
Do. ,do., Prefer., 6 per Cent. 6 •
Ditto, ditto... No. 2 17
Ditto, ditto ..... ... No. 3 5
Do. Pref. Quarters, 1848... 9
Liverpool, Crosby, andSouth-
port -
London & Blackwell ......11/. 68.3 d 5%...., to
Lond., Bright., & South Coast100
Do. Guaranteeds per Cent. 9 . . —
Do. Preferential, 5 per Ct., 50 ..-..
Ditto, ditto 1852 50
_ ___ •• •• • ~.. ...... t 0.....

Do., New, gua. 6pr Ct.... 100
London and Greenwich... 121. 15s. 4d — ...... to
Ditto Preference 2O
London le North Western.....loo ......115
19% too --
Do, Neff Quarters. l7
Do. Fifths
Do. 10/. ... AL and 13. (C.) 1
Lo idon and S. We5tern.......100
Ditto, Now 501........ .. ..... 424......
2 Ditto Ncw 401.
34

Do., New Preference
to
Londonderry and Coleraine... 25
Do. Half Shares
Londonderry and Enniskillen 25
Do.,llalf Shares 71,4 —...— to
Liwestoff, guar. 4 per ct 2O
Ditto (guar. 6 per cent. ... 13 ......
Ranch Buxton, & Matlock 54 to
44anchr, Sheffield, and Linc.loo
Ditto itz, Shares (No. 1) ... 25 ....... ..
Do., New 10/. Preference.. 10 ..... ..

Ditto. Man. & Lin. Union 41.2 e....
Midland...... •
Ditto, Canso. Preference...loo
Ditto, 501. Shares ...... 35
Midland, Birm., and Derby...100
Midland, Consol. Bristol and

Birmingham, 6 per cent.... 100 ...... --. .. to
Midland, Bristol and Glouc. 46 ~, .„ -
Ditto ditto 291.165. 6d ..
Ditto,ErewashVal., Pref... 50
Midland, Leices. and Swan-

nington (8 per ct.gua.)....100 .... .
a'. idld. Great Western (Irish) 471
Middlesbro' and Redcar. 6
per cent. guar.
Newcastle and Carlisle lOO ••••••
Ditto Quarter Shares . .... 25 ... .. -
Newmarket ...... ... . ..... .... 23 ..... --
Ditto Extension Scrip... 2/. 12s. —
Newport A bergy., and Herd-. 6 ......
Newry and Enniskillen ...... 1 - ...... to
Newry, Warrenpoint, and
Rostnvor .......... ........ 20
gorfolk ••• ..... 100 ...... - ••• •• to -
Ditto New 20/.
._..

_... -
Do. Extension ... 20 - ....
.. to -
Do. Guar. 5% per cent-. 5 - -
Do. do. Wsiveney Valley.. 2
Northern Counties Union. ... 4 - to -
North British .. - ...... - . 25 ....... 71, 34 / to -
Ditto. Preference ... 5
North Staffordshire.....„.... 171,E
North Western l7 - to -
i)xford, Worcester, and Wol-
verhampton - ..... . to -
Preston and Wyre - -
Do. Half Share. . (A) 10% - to -
R v.ding,Guildfd.,& Reigate 18 - ... .. to -
Royston and Hitchin ..... .. 614 - -
co. Shepreth Extension... 1% ..... - ..... to -
Scottish Central -
Scottish Midland .... ....... .... 25 - ...... to -
Ditto, New 221/2 ...... - -
S'irewsbary and Birmingham 1314 - die... to -
Ditto. ditto, Class B. 95Ai - dis.... to -
Ditto, New Guaranteed 8 - ..... to -
Shrewsbury and Hereford .. 5 - .. .. to -
Shrewsbury and Chester
(Nor. NV . Min.) - ...... to -
Ditto Halves. Ditto lO ... .. - -
Ditto, Usviestry 2O ...... - -
Ditto ( New)... - to
Ditto 8 per Cent. Pref....-. 10 .. ... - -
Faropshire Union 6%..... - -
!-outh Devon 1 5O ...... - ...... to -
Ditto, Preference 25
‘loutb Str.flordshire Bl/2
Sonth • E.steru .. -
Ditto, Registered No. 4 lO
South Wales ... 5O - ...... to -
South Yorkshire, Doncaster
and Goole l5 - to -
9hetlield, Rotherham, and
Cool( (N. D) Gua. 5 perct. 181,E - ... .. to -
Do. do. (South Div.) 6 - to -
Swans. and Loughor and Ca-
meron's Stm. Coal ..... .... . 10
raw Vale Extension - ...... to -
Thames Haven Dock and
Railway ~.,„, 17% - to -
Vale of Neath -
Waterford and Kilkenny 2O ..... -
Waterford and Limerick..... 471,x..... -
Waterford,Wexford,Wicklw,
and Dublin - •••• • to
Wear Valley, 6 par Cent.
Guaranteed - ...... to -
Do. do. do. - -
Do. do. do. -
West Cornwall 7lds - to -
Whitebaven and Furness 2O ... .. - ..... to -
Windsor, Staines, and South

Western... .. ,
Wilts, Somerset,&Weymouth 50 ..... ... to
York, Newcastle, and Berwick 26 ...... ..... to
Do. and Newcastle Exten. 20
Do. G. N. E. Fur. or Pref.. 9
lie. do.
Do. do.
Do.llartlepool Dk. & Rly 100
York and North Midland ... 50
Ditto, Preference lO
FOREIGN RAILWAYS.
Anglo Italian (late Italian
and Austrian) 6% to
Boulogne and Amiens ... 20 . ... 7 % to
Central of France ( Orleans
and Vierzon)
Demerara. ............ ........... 17h. ....
Datch Rhenish ........ . ....... 8 ...... 8% to
East Indian
Ditto . 20 ..... to—
Great Indian Peninsular
Do. Do l% to
Louvain ala Sambre ...,..... 7%2 —• • ,
Luxembourg
Ditto -
Hadrid and Valentia
Namur and Liege....
Northern of France l6 ..... ...... to
Orleans and Bordeaux ...
Pam and Orleans
Parse and Roden 2O
Paris and Strasbourg
Rouen and Havre
Sambre and Meuse .. 2O
Strasburg and Bale ..... ...... 14
Tours & Nantes ... . .. 14
Pournay, Jurbise, Landen,
and Dasseit .... .... a 20 - ••.... to
West Flanders 8%...... ....4. to

MMES.
Angle 71exican .4 100 se**. ..., ..... tO arm
AStUr:an ..... .• - ..... to --
Australian ... 4 ...... —. ..,..., to
Barrossa Range 33s,
...• •••••• to ..
Blaenarvon Iron acid Coal ... 50
•••..... to ---
Bolanos Scrip —
British Iron
Brazilian Imperial ..... .. ... 24% — ..... to
Ditto Cocaes and Cuiaba... 30
Ditto St. John Del Rey ... 15 :
Cobra Copper .. 40 -
General
Real del Monte, Unregistered ._ .. .. ... to
Do. Black Debentures 5 - ...•..• to