The Sun.
London, England, 1852-12-13 00:00:00

MONEY AND COMMERCIAL NEWS.

CITY, Two o'CLocK.
The sales of cotton at Liverpool on Saturday
were estimated at from 3,000 to 4,000 bales. The
market closed heavily without alteration in prices.
The saes comprised 400 Pernam and Maranham at
ad. to 61d., 120 Bahia at 64d., 500 Egyptian at
6d. to 10d, 100 Surat at 3fd. to 31d., and the re-
mainder American. Railway Shares were dull,
and prices had a downward tendency. Wheat is
3s. per quarter dearer this morning.
Accounts from Birmingham state :
"The general trade of this town is exceedingly active.
The hardware manufacturers have more orders on their
books than they can execute, and find themselves mate-
rially embarrassed by the scarcity of raw material, and
the great advance in the prices. In addition to the rise
which has taken place in iron and copper, the article of
tin, which constitutes an essential ingredient in Bir-
mingham manufactures, is rapidly increasing in price, as
will be seen by the subjoined quotations from the trade
circular issued on Friday last by one of the largest
wholesale houses : Tin in block, 99s per cwt. ; in ingots
998 6d ; in bars, 101 s ; refined, in blocks, 102 s ; plate
grain, 1068 ; granulated, 121 s. The above prices are
upwards of 2/. per ton above those of last week, and a
scarcity of the article in the market is reported."
The Abberton from Port Philip brines advices
only of the 28th July, but she has 15,000 ounces
of gold on board. _ _

The American advices are to the Ist instant, by
the Asia. The Money Market was easy, as might
be anticipated, when an arrival of 3,000,000 dols.
in gold dust had just taken place from California.
The rate of Exchange on London was 110 to 1101.
The prospects of the cotton crop were most en-
couraging.
From various indications it appears that in the
IYaited States the feeling is becoming more favour-
able to reciprocity.
.with Canada, and there seems
to be every probability of a measure passing Con-
gress that will allow Canadian produce to be intro-
duced at low duties, if not free, across the frontier.
The exportation of wheat and flour by way of New
York !would in that event increase, such are the
facilities offered.

There is a steady market for public Securities,
and with a fair business doing in those which are
still open to public transfer. Consols for the open-
ing, er. dividend, have been 100 A to f. The New
31 per Cents. have been marked 103 to 1041 ; and
the 3 per Cents. 100 a to Bank Stock has been
firm at 223. Exchequer Bills of March are Ms.
to 60s. ; and East India Bonds 755. to 81s. pre-
mium.

Foreign Stocks have been rather heavy. Spanish
Deferred show more sensibly the influence of the
important political changes that are taking place.
The Deferred Bonds have been as ]ow as 23 L.
Portuguese Small Stock has been steady at 40.
Peruvian Bonds have been at 65k to for the
Deferred, and Grenada Deferred at 12- to 13.
Equador Stock is at 51. Brazilian New 4k per
Cents. have been done at 98k to k. Mexican droops,
being 24k R. In Russian .0 per Cents. sales have been
made at 104 i to 105. The Swedish Loan is at n,
discount, and. the Turkish has sunk to 1i premium.
Austrian 5 per Cents. are worth 833 ; Belgian
per Cents. 95/ ; and Dutch 2i per Cents., 67 to 1.
Railway shares have given way upon Saturday's
advance, to the amount of about k per Cent., and
there is but a limited business doing. French
shares are barely so high. Plymouth, Tavistock,
and Okehampton Railway are I prem.
The Gold Mine shares are all steady, but not so
brisk.

The shares of the new Australian Banks are
firmer.

The railway meetings announced are as follow :
—Eastern Counties, 17th Dec. London Tavern ;
Leeds Northern, 16th Dec., Leeds ; London and
North-Western, 18th Dec., Station ; North Staf-
fordshire, 18th Dec., Stoke.
Mr. Charles Beke, the London Secretary of the
Bordeaux and Cette Railway, has received the fol-
lowing intimation from the secretary of the com-
pany in Paris
"The board of directors have decided that no splits
shall be made, as 26,500 single shares have been issued.
You will please to take note of this, in order that you
may not receive elaims from the shareholders which will
not be allowed here.

" Your proceedings with respect to the claims for
splits already brought in have been quite correct ;
it is, however, for the shareholders in their dealings to
provide themselves with single shares, by means of the
stockbrokers, either in London or Paris."

BRITISH FUNDS THIS DAY.
(From the Official List.)

Business done.
Bank Stock 223,
3 per Cent. Reduced Annuities loos $ $
3 per Cent. Consols Annuities... shut 101$ div. for mon
3 per Cent. Annuities, 1729
New 31 per Cent. Annuities .. 104 3,1 4}
New 5 per Cent. Annuities ...... shut
Long Annuities, Expire sth Jan., 1860.
Ditto 30 Years, Expire sth Jan., 1860
India Stock
India Bonds, £lOOO
Ditto, under £lOOO
South Sea Stock
Ditto Now Annuities
3 per Cent. Annuities, 1751
Consols for Opening 18th Jan ,
Exchequer BMs lid.
£lOOO
£5OO
Small 5B
PRICE OF FOREIGN FUNDS THIS DAY.
Brazilian Bonds, 5 per Cent.
Ditto Small
Ditto 4i per Cent
Danish 5 per Cent.
Equador Bonds
Grenada Bonds, li per Cent
Ditto New Deferred, 3 per Cent
Mexican 3 per Cent...............
Peruvian Deferred 3 por Cent..
Portuguese 4 per Cent...

shut
abut
81 75
81 75
shut

shut
shut
1001 i
March. June.
.... 60 58

10%
•••• 981
107
5J

13 12f
24i
651 5

Ditto Small
Russian Bonds, 5 per Cent.
Ditto, 43 per Cent.
Sardinian Bonds, 5 per Cent. . ..... ... .....
Spanish Bonds, 3 per Cent .
Ditto Deferred, 3 per Cent.
Ditto Passive (Converted)
Swedish Loan'. l/ 2 1g d
Turkish Loan, 6 per Cent., 1852 l} p
Venezuela Bonds 33 per Cent.
Austrian Bonds 5 per Cent.. .....
Belgian Bonds, 44 per Cent. Ex. 25fr oBi 21
Dutch Exchange 21 per Cent...
Ditto for the Account . . ....
Ditto 4 per Cent. Certificates:

ex d

671
98} g
THREE 0' CL 0 OK.
Cousols for Opening 18th January ..... . 100 i 4 ex div.