The Sun.
London, England, 1849-04-13 00:00:00

lONE an" COMMERCIAL NE WY...
CITY, QUARTER TO THREE.
The Cation Market at Liverpool yesterday had a
gloomy tipp etar ce; the sales were about 6,000 bales,
including 1,500 for export, at previous prices.—Railway
Shares were quiet, at previous quotations.
The Grain trade in Mark-lane this morning is firm
again, and Wheat is about ls. per quarter dearer. All
other descriptioes of Corn are held likewise for fuller
prices. The arrivals of Foreign include 12,110 qrs. of
Wheat, and 23,890 qrs. of Oats.
In reference to the future course of the Foreign Grain
trade, there have been conflicting opinions; but we have
taken some pains to obtain data for forming an unbiassed
conclusion of our own. It may be noted as a prelimi-
nary, that the current prices of Grain are low, the last
six weeks' average amounting to only 445. 10d. per quar-
ter for Wheat, while the sales of English Grain in the
Markets which regulate the duty were but 76,172
quarters of Wheat, 39,669 of Barley, and
15,361 of Oats. It is natural to conclude,
as the quantity disposed of has for soma time
past been small, that foreign must be coming into com-
petition, for we know that there is no falling off in the
consumption, and the farmer, therefore, to a certain ex-
tent is suffering. He suffers probably from rather a
deficient crop, and from the low price obtainable even
foe the supply which ho has. One may admit freely
this position, for it cannot be the policy of an enlightened
free-trader to blink facts, and yet find a ready answer
in the admirable and homely remarks of Mr. Cobden.
We are in a state of transition, somebody must be in-
convenienced, the farmers' turn comes now, and the
landlord's will be next. Turning again from
mere opinion to realities, what do we observe?
Why,in the first place, we find that Grain and Flour are
actually cheaper here than at New York, and that upon
shipments from Odessa there is a loss. We have been
amused at the argument of an agricultural friend, who
has himself no reason to complain of the world's unkind-
ness, and who stoutly maintains that foreigners will do,
what he admits that he should never think of doing,
viz., continue to supply us at a loss. Common sense is
so obviously against this assumption, that we pass at
once to our simple assertion, viz., either the price of
corn will rise here, or further decline abroad. As far
as the Continent is concerned, it would not appear
to us that corn will go lower,: as the stocks
on hand • are not excessive, and if we look
to the United States, we must bear in mind that the Irish
famine and general European wants took off the accu-
mulation of two or three years, that the number of con-
sumers increases very largely every year, and that
although we may have a fair quantity, brother Jonathan
will not care to force sales at very depressed rates. We
doubt also whether some of the Continental nations,
France for example, may not have to repurchase Grain
in replacement of what they sold when hard pressed for
cash some few months since. The present firmness of
the Grain trade is attributable in part to the Danish war,
Which checks imports from the Baltic. On the whole there
was perhaps seldom less speculation in food than at pre-
sent, and seldom a better prospect of our population being
secured the great blessing of a steady supply of the
necessaries of life, nor is it possible to conceive that,
under an equitable adjustment of national and individual
burdens, of state taxation, proprietary exaction, the agri-
cultural community should not flourish with the manu-
facturing interest.
The latest foreign accounts to hand up to the hour of
our writing are as follows :—Copenhagen, Baron Zut-
phen Adler had left for Stockholm, to request aid from
the Swedish Government, and it was said that already a
great number of troops were assembled in Scanie. No
bore captured ships bad been taken into port. Altona—
several petty skirmishes are reported, and generally to
the disadvantage of the Danes.
At Vienns, on the 7th, the Five per Cents. were 864
to 67!. The entry of the Russians into Transylvania is
confirmed. The Frankfort Bourse on the 10th was ra-
ther heavy. Austrian Metallics, 751. Berlin advices of
the 9th, state that the King's brother was in favour of
;he Imperial dignity being accepted.
At Amsterdam, on the 11th, the Dutch Two and• a-
Ralf per Cants. were 49 11-16.
, Not a very active business has been done in Public
mourities, but they look firm. Consols are 92i
for Transfer, and 926 to for Account. The New
rhree-and-a-Quarter per Cent?. have realized 914 to
521}• Bank Stock is 193 to 194, being rather higher.
ol:chequer-bills are 475. to 50s. premium, and India
'bonds 60:. to 635. premium.
, In the Foreign Market there is no animation, but
lanish Stock has been up to 176 18 for the Five per
dents., and to 316 for the Three per Cents. Portuguese
sour per Cents. are 28f; Mexican Bonds have been 291
°,-, 30k,
and Peruvian 66i. Dutch Two-and-a-Half per
%Ants. are at 501.
Railway Shares are much the same to-day, the bu•
`bless done being still rather limited.
sE
tiCtli OF BEITIM FUND 3. C CLOCK.
sink Stock
per Cent. Reduced Anne ...... 91%
jper Cent. Consols Annuities 9214%
4ew 314 per Cent. Arm 5......
ong Anus. to expire .Tan.lB6o 8%.%
udia Stock
_ _

CLOSING
PRICES.
194
90)-4
92%
92778
235,
243
63 p
92%

adia Bonds, 1,0004 ...... ....... 6O 63 p
'onsets for. Account, May 10 92,013%
...xeliequer Bills. t 14d. & 2d.
,
1,0001. June
5001. June
Small. June
PRICES DF FOREIGN FUNDS.

47
47 p
CLOSING
PRICES.
39%
33/4
30%
30%

oxt
O'CLOCK.
Buenos Ayres Bonds, 6 per Cent. 38% 39%
Equador Bonds
Grenada Bonds, 1 per Cent. —
Ditto Deferred
Mexican, 5 per Cent. 1846 29% 30%
Ditto, Account . 30 30k
Peruvian Bonds, 6 per Cents 66%
Portuguese 5 per Cents. —
Ditto, 4 per Cent. 2814
Ituasian Bonds
Spanish 5 per Cent. 1840.
Ditto, 3 per Cent ... 31%
Dividends on the above payable in London.

75
2834
10414
17%
31%

Dutch i% per Cent., 12 Guild.... 57014 50
Ditto, 4 Der Cent. Certificates 8 771,4
PRICES OF
BUSINESS DONE CLOSING
RAILWAY SHARES.PAID* AT ONE O'CLOCK. PRICES.
16%
50 1. .... 16%
Lberdeen
Do. Preference
Amber. Nott., Boston,
and Eastern Junction 214......
'-yrshire and Galloway.. 714
.3elfast & County Down 20%
clerks & Hants Extens.
(Gt. West. Per.s per ct.) 5
;irmingham and Ox-
•...~ ••• • •
ford Junct., calls duly
aid, or rith a guaran. 20
no, withoutguarantee 20 . •••
linning, Wolverh'ton,
and Dudley, calls duly
Pd, or with guarantee 10 .. ~,,
~, Do. without guarantee 10
-- •••••.. ........
'3lrining., W olverh'pton,
and 'Stour Valley 131. 145...
•••
lirkenhead, Lancashire,
..••••• ........
and Cheshire June-- 10
tlaton, Stamfd & 13irm. 5
Itiatol and Exeter 9O ... ..
, Ditto, Thirds ..- 27%
214 dis
'3ack in hamshire ... 161. 4s.
25%
i;,L.,,
50
--v.... onian
"0. Quarters
Do. New 10/. Pref..... 10 ... • 11% . ..... ...... 11%
Ditto,ClydesdaleJunc 50 - •••
Aanter and Holyhead... 50
_Ditto, Preference
1),O. Ist Class, 6 per Ct. 1014
~,Llo. 2d Class, 5 per Ct. 10
.
1)0. Government Loan, .....
.s. 4 per Cent
anreet London & Ports-
... Mouth
VUblin and Belfast June. 35
......
Dundalk & Enniskillen 22%
tut Anglia, 25/., L. &
E. and L. and D...... 25
Do., 181., E. & H.... 18 .... z Do., 3/. 108. ......... 3% »... 214
-u
42,tern ••• o. New Guaranteed 20 •... 8%
.., t; per Cent........... 10 ...... 114 Ditto,Extension,s per
Cent, No. 1 6/.135. 4d.... 1.4.% P
Ditto ditto, No. 2...61. 13s. 4d... par
DO. North. & Eastern 50 -
Ditto. 5 per Cent.... 50
Ditto, 14 Shares
'A1)0. New
......
stern Union, Class A
Ditto, E. U. Shares) 25
Class A, ditto... 3%
Ditto, Class C, ditto... 22%.....
13,0. Scrip (6 per cent.) 20 ..„.. 19%% ... ..
Ditto (C. & E.) guar.
t 5 per cent.... 214 . ..
alit Lancashire
.-
Ditto, New - ...... -----
Ditto, New Quarters 614 —
- ............
DO., 6 per Cent. Pre-
z,
,L., ferenee Quarters ... 614 •---- —I ''' - ....
ut Lincolnshire ...... 25
... ..
Dittol'bgh and Glasgow 50 .. - - 41 Ye
,din Half Shares ... 20 .. .. "'"
.sturgh and Northern 25 —
_ .uitto, Newport...... 15 -•-• ''....
.........
t.r.:Xeter,Yeovil, & Dorch. 2%
ixneteorwand Exmouth... 21a.
C
iiip,oDurinfries, and
CrlasicovrBl, . ....... -- -8 /. 6s. 8d.... —Do p Kalmar., & Ayr 50 ...... O..
„r, • reference Consol. -....—
u Do''
Northern ......... 20 ...... 10% 11
D', :41 A Deferred ... 1214.... 4% h°, Ye li 6 per Cent... 7%. .. - -
rte.
-°' 4attension .. .1/2, ...
l- South. and West. ' ......
. (Ireand) .. ; t.
4-
tireat North °fling. tan— ........ :7:- ---- ...
-
Ditto, New 401 ...... -• 40 ......
Ditto, ditto'..
Ditto, New, iOZ . .... 8:105 .... •••
GDitto, New,lsi .......... -Li .....
reat Western. ........... 100. ......: 9-314 .--....
Ditto, li Shams ... ..... Ditto, •4 Shares ...... t ......
16u:tis/
~, DDitto, Fifths.... ... 20 ** "* ;'4 -/a
itto, New 171... ..... 15 ...... i`os's, ...............
411111 and Selby .. ...... 50 ...
-—7 B
L DDitto, Half Shares ... 25 :*"••100 ............
iLtto, Quarter Shares 12% "'
...... ---
"•••• .........
caster and Carlisle... 50
....... 53% 'i4- .........
I.4litto, Thirds - • ••• ••
aahire & Yorkshire 93 ..... ...............
Ditto ditto
......... .....
Vitt 9 0
...
...........
D0.1.?9
.14r Shares ...„ 46 ... ..
............ . .
Do ilitillar ter Shares.- 171
...
............
bol c„ as. ........ .... 10
--- .............. .
1) ,/tteenths 6i
.......... ..
b°,' 4111rds .... .................. 15 4
.............. .
190 A '''', Gua. 6 peret. 10
bitto'verP. end Bury 46 at.,
,(liiiddersfield ... ............
Dv Vbeff.) ........... 47
...
tltt,llioaefield,Ponte-
dGoole) ... 50
....

93%
46%
19%
18
12%
100