The Sun.
London, England, 1868-10-02 00:00:00

BOROUGH HOP.

Henry Turnbull and Co report a steady trade doing in
all sorts of now hops, particularly in fine coloured samples
which continuo scarce and dearer. Bavarians are now
coming forward, and realize from £5 to £6 per cent.
Belgians are slow, the crop not being large. Yesterday's
and old hops are nogl cted.

COLONIAL AND FOREIGN PRODUCE.
Sugar.—The market is steady, with a moderate demand.
Coffee is unaltered. Good qualities firm ; inferior weak

n price.

Tea. —A steady, moderate inquiry, and prices unaltered
Rico firmly held, but not inactivo.
Saltpetre quiet at 19s to 19s 3d.
Oils unaltered. Sperm £95.

TALLOW.

The market is firm at yesterday's prices.

COTTON.

LlvEttrooL, Oct. 2.—Sales probably 15,000 bales,
Market firm and advancing.

SHIPPING INTELLIGENCE—This Day,

GRAVESEND, Friday Morning.

Wind, E. ; fine.

Arrived, Oct. I.—James and Eleanor, Melvaina, North-
umberland, Flora Ross, George Fox, Seaforth, Susan Gray,
Alberta, Janes, Nile, and Hilda, steamer—all from Cron-
stadt ; John and Martha, from Moss; Alice Richardson,
from Christiana; Margaret Reed, from Dantzic ; Frances
Anu, Havelock, and T weedside—all from Riga; Maria,
from Ystad ; Nora, steamer, from Harlingen.
Arrived, Oct. 2—Florence, steamer, from Rotterdam ;
Cactus, from Windau ; Comley, Boxer, Wave, and Beal—
all from Riga; Alma, from Ljusne ; Snowdrop, Sultan,
Lady Havelock, Findlay, Celerity, Anne, Lebanon, and
Azela—all from Cronstadt ; Anne, Zelina, and Two Bro-
thers—all from St. Petersburg; Traveller, Leda, and Il
Tro uvatore—all from Christiania ; Panther, steamer, from
Boulogne ; Vest, from Borgo ; Sphynx, from Memel ;
Withstrom, from Umea ; Fleetwing, from Antwerp ; Geo.
Washington, from Wasa. _

Sailed—Maria, for Matanzas ; Anazi, for Boulbap ; So
braon, for Sydney.

DEAL, Friday Morning.

Wind N.N.E., fresh.

Passed, Oct. I.—Strala Florida, from London for the
Cape of Good Hope; British India, from London for
Bombay.

Passed, Oct. 2.—Maria, from London, for Matanzas ;
Anazi, from London, for Bombay; Nancy Riley, from the
north, for Guadeloupe ; Garibaldi, of Arundel, from the
north, for the west ; Laura, of Southampton, from the
north, for the west ; White Crest, from Shields, for
Alexandria.

Bank of England Returns.

An Account, pursuant to ti
cap. 32, for the week ending I
MD) DEP

he Act 7th and Bth Victoria
Vednesda,y, Sept. 30, 1868.

Notes issued ....434,897,075

,Governmt. Debt..£11,015,100
Other Securities.. 3,984,900
Gold Coin and

____
Bullion
Silver Bullion

X 31,897,075 1
BINNING D.

£31,897,075

Proprietors' Capi-
tal £14,553,000
Rest
Public Deposits
(including Ex-
chequer, Sex-
ings Banks,
Commissioners
of National
Debt, and Div.
Accounts
Other Deposits 1d,735,177
Seven Days and
other Ms 621,Z5G

IPARTMENT.
Governmt. Secu-
rities(including
Dead Weight
Annuity) .... £14,940,131
Other Securities 15,36:,692
Notes 10,505,805
Gold and Silver
Coin ... 1,104,061

X 12,916,689
CrE,

£42,916,689
so. FORBES, Chief Ca.shier.

The Price of Gold.

The quotation of gold at Paris is about at par, and
the short exchange on London is nt. 220. per £1 sterlh4.
On camparing these rates with the English Mint price et
£.l tis. 104 d. per ounce for standard ,gold, it appe.as that
gold is about 2.loths per cent. dearer in London than in

The course of exchange at New York on London for bills
at 60 days' sight was on the last date about 108 k per cent.
At this rate there is no profit on the importation. of gold
from the United States.

DIE MEDICAL SCHOOLS OF LONDOlC—Yesterslay
the medical schools in connection with the various me-
tropolitan hospitals were opened, and at each, according
to a custom which has long prevailed on the Ist of Oct.,
an inaugural lecture was delivered by one of the pro-
fessors.

SIR JOHN COLERIDGE AND THE IRISH CHURCH.
—A Devonshire man, of whom all England is proud—the
venerable Sir John Coleridge—has declared his intention
to vote for the Liberal candidate for the county, in order
to express his approval of the scheme for disestablishing
the Irish Church.

THE NEW BUILDINGS OF THE UNIVERSITY OF
GLASGOW.—It has been arranged that, on the Bth
of October, his Royal Highness the Prince of Wales will
lay the foundation stone of the new,University buildings.
The Princess of Wales will accompany him.—British Me-
dical Journal.

THE VICAR OF LEAMINGTON AND MR. GLAD-
STONE.—The Vicar of Leamington male a speech at
a meeting in that town on Wednesday night, in which he
a'ated that he had written to Mr. Gladstone to tell him
he withdrew the confidence he was not unwilling to accord
to him, " as a man who gives such evasive and contradic-
tory answers to a plain question is a gentleman whose feet
stumble on the dark mountains."

Baron Louis Benas, of Liverpool, has written a
pamphlet on £ a d., the gist of which is to recommend
the retention of the " "as the English unit, preserving
the nomenclature of pounds, shillings, and pence, while
harmonizing Cie two latter into decimal fractions of the
former. There are, he says, two models before us —France
and the United States. " France, while her centime is
the smallest practical coin, has the unit of a franc not large
enough ; iu the United States whilst the dollar is a respect-
able
unit, the cent as a fraction is too large." He considers
the English pound sterling to b 3 the vary best unit in ex-
istence, and would thus subdivide the silver coins : —The
new shilling should be the present florin, which would be
the tenth of the unit—the pound sterling. The farthing
he would make the hundredth part of that new shilling,
which would be the thousandth dart of the unit, and call it
a penny. Thus the three coins known to the kingdom
woull be retained, the only alteration in value being con-
fined to the copper currency, and in that only to the ex-
tent of 4 per cent., the present number of farthings to the
florin being 96, whereas by this it would be made 100.
The pound sterling would then remain as now the unit, and
consist of 10 shillings or 1,000 pence. The old five-shilling
piece would be 250 pence, the old half-crown 125, the florin
100, the shilling 50, and the sixpence 25. The threepenny
pieces would have to be called in, and a new tenpenny
silver coin issued, to be exactly the tenth part of a florin,
or the new shilling. Baron Louis Benas asks why should
th 3 English adapt their coinage to that of other court-
tries? Surely Great Britain, whose financial transac-
tions are as great as many other countries combined,
need not imitate others, let others imitate her. He ques-
tions the advantage of the international coinage, which
would make the money of one country a legal tender in
another. For instance, in the case of Italy or the United
States, paper is the circulating medium, and always
will be when a country gets into financial difficulties.
A traveller from these countries has to commence by
changing his piper into coin. " Gold cannot, as a rule,
he used as the actu d medium of international commerce
but rather as the representative. As remittances, bills of
exchange are prepared, and even tourists prefer bank
notes. Take the four countries, France, Belgium, Italy,
Switzerland, that use the identical coin in their respective
dominions, and the rate of exchange in their capitals is as
frequently against the purchases or vendor as between
"Paris and London." To illustrate the advantage of deci-
mals in calculations, a few questions are asked. "What
per cent. is an income tax of 7d. in the pound? Who per-
ceives that ls. 4d. in the pound makes 1-15th part of his
income?" In conclusion, the writer observes that his
objectis more to urge the retention of the time-honoured
L. s. d. than to demonstrate the efficiency or non-efficiency
of the digferot 'yds= of ounenoy.