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BY the Sheffield, yesterday, from Liverpool we
have accounts to the 18th from England beng eght
days later than our last accounts The news IN a
commercial and political point Of view, IS highly nm
portant. Cotton is fallng-the London money mar
ket is getting easier and there is probability that as
The crisis is passing away in England our relief bonds
ISSUED here may be negotiable across The water


The foreign exchanges are again firm. The fol
lowing is the quarterly average of the liabilities and
assets of the Bank of England, from the 18th Decem-
Der, 1886, to the 7th March, 1887, inclusive:


Liabilities Assets.


Circulation, LlS,l76,000 Securities, |. 80, $4,000
Deposits, l3,260,eOO Bullion, 4,048,OOO