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

~/

-n! COMMERCIAL 1N E
CITY QUA R TER 7Y.'
, Market at Liverpool yesterua.,
gloomy appearance; tie sales were about 6,0J0
including 1.500 f'or extort, at previous prices.—Railway
Shares were quiet, at rrevious quotations.
The Grain trade in Mark-lane this morning is firm
again, and Wheat is about ls. per quarter dearer. All
other descriptions 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 some 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
for the supply which he 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 de 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
more captured ships had been taken into port. Altona—
several petty skirmishes are reported, and generally to
the disadvantage of the Danes.
At Vienna, on the 7th, the Five per Cents. were 864
to 87k. The entry of the Russians into Transylvania is
confirmed. The Frankfort Bourse on the 10th was ra-
ther heavy. Austrian Metallics, 75i. Berlin advices of
the 9th, state that the King's brother was in favour of
the Imperial dignity being accepted.
At Amsterdam, on the 11th, the Dutch Two and-8,-
110 f per Cents. were 49 11-16.
Not a very active business has been done in Public
Securities, but they look firm. Consols are 92-k
for Transfer, and 921 to I for Account. The New
Three-and-a-Quarter per Cents.. have realized 914 to
92i• Bank Stock is 193 to 194, being rather higher.
Exchequer-bills are 475. to 50s. premium, and India
Bonds 60s. to 655. premium.
In the Foreign Market there is no animation, but
Spanish Stock has been up to 17f 18 for the Five per
Cents., and to 31i for the Three per Cents. Portuguese
Pour per Cents. are 284; Mexican Bonds have been 29i
to 30, and Peruvian 661. Dutch Two-and-a-Half per
Cents, are at 504-.
Railway Shares are much the same to-day, the bu-
siness done being still rather limited.

I.E~

0 ,E
PRIvEg OF BRITISH FUNDS. O'CLOCK.
Bank Stock
8 per Cent. Reduced Arms ......
3 per Cent. Consols Annuities 921,(1,!
New 314 per Cent. Ann 5...... t
Long Anna to expire Jan. 1860
India Stock 243
India Bonds, 1,0004 ........ .....
Console for Account, May 10 92A58%
Exchequer Bills. : % I%d. & 2d.
1,0001. June ..... ........... ... ..47 50 p _
5001. June
Small. June
ONE
O'CLOoK.
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
Peruvian Bonds, 6 per Cents 66 Vst
Portuguese 5 per Cents. —
Ditto, 4 per Cent 2814
Russian Bonds .
Spanish 5 per Cent. 1840.
Ditto, 3 per Cent
Dividends on the above payable in London.
Dutch 2% per Cent., 12 Guild SON4
Ditto, 4 per Cent. Certificates 78

CLOSI2C G
PRICES.
194
90%
92%
92%
8%
243
63 p
921,4,

PRICES OF FOREIGN FUNDS.

PRICES 01'
PAID. BUSINESS DONE CLOSING
• RAILWAY SHARES. AT ONE O'CLOCK. PRICES.
Aberdeen 50.; .... 16% 16%
Do. Preference
Amber. Nott., Boston,
and Eastern Junction 214 ......• .. as ••—
Ayrshire and Galloway.. 7%
Belfast & County Down 20%
Berks & Hants Extens.
(Gt. West. Per.s par ct.) 5 -
Birmingham and Ox-
ford Junct., calls duly
paid, or with a guar. 20 .
Do, without guarantee 20 ...
Binning, Wolverh'ton,
and Dudley, calls duly
pd, or with guarantee 10 .....
Do. withoutguarantee 10
....... ,
Birming.,Wolverh'pton, •••••••
and Stour Valley 13/. 145...
Birkenhead, Lancashire,
anu Cheshire June—. 10
Boston, Stamfd & Birm. 5
Bristol and Exeter 9O ... ..
Ditto, Thirds
Buckinghamshire ... 161. 4s.
Caledonian
Do. Quarters ......... 12% 6M 614
Do. New 10/. Pref..... 10 ...... 11% . .....
Ditto,Clydesdale June 50
Chester and Holyhead... 50
Ditto, Preference l5 Clarence
Do. Ist Class, 6 • -Ci - -

t. per Ct. 10- —
Do. 2d Class, 5 per Ct. 10
Do. Government Loan,
:4 per Cent. -
Direct London & Ports-
mouth
Dublin and Belfast June. 35
....-
.
Dundalk & Enniskillen 221/2
East Anglia, 251., L. &
E. and L. and 11..... 25
Do., 18/., E. & 18 ...
Do., 3/. 10s. ... ......... 214
Eastern Coueties...
..... 20 ... 8;%4%,
Do. New Guaranteed

6 per Cent........,, 10 .. 1114
Ditto,Extension,s per
Cent., No. 1....... 6/.135. 4d.... 14 p
Ditto ditto, No. 2...61. 133. 4d... par
Do. North. & Eastern 50
Ditto. 5 per Cent.... 50
Ditto, 4 Shares
Do. New
Eastern Union, Class A

(late E. U. Shares) 25
Ditto, Class A, ditto... 314 —
Do., Class B(L& B. 22
Ditto, Class C, ditto... 22%2.
Do. Scrip (6 percent.) 20
Ditto (C. &.E.) guar. .....
5 per cent............ 2%
East Lancashire
.....
Ditto, New
Ditto, New Quarters 61% •• ............

Do., .6
per Cent. Pre-
.1
ference Quarters ... 6A •••••• - ,
2b654, ..
East Lincolnshire •••••• 25 -
Edinburgh and Glasgow 50
... ....:
Ditto, Half Shares ... 20 .••• .....
Edinburgh and Northern 25 —
Ditto, Newport l5 •• •••
Exeter,Yeovil, & Dorch. 25,s •
Exeter and Exmouth... .Is.
Glagow, Dumfrios, and
...
Carlisle
Glasgovi,Kibuar., & Ayr 50 • • ••• • ........... ....
Do. Preference Consol.
..•
Great Northern 11
......... 20
47,8
Do., .1,2 A Deferred ... 121...... 4%
1),,,0, 1/2 B 6 per Cent... 7%. .....
DO. Extension 2% ...... (real South. and West
(Ireland) .." 45 •••••• ... "
Great North of England.loo ••••••
Ditto, Ne 401.,,,,• 40
Ditto, ditty' ...
Ditto 3 to .. 85
, New, ............ 30—
Ditto, New 1.5/ ......
Great We5ter'n:....................
Ditto, 1' 1(1;0 .. .. .. -3% ..--
.........
93 4
461 A
Ditto, a 88hharar: ...... 80
19%
Ditto, Fifths .. . ..... 28 ••• 1944% •••—•
18
Ditto, New 171:: .....
20 ...... 18
1254
/b
Hull and Selby ...
...... 15 ••• •• 12%... ......... •••
00
Ditto, Half Shares . ::: 25 ......1 Ditto, Quarter Shares 121A......—*
Lancaster and Carlisle. /2
.. •
50 "'
Ditto, Thirds ......... 10 ......
53 54 '
Lancashire & Yorkshire 93 `-..•......... ....
Ditto, ditto ............ 66 .
.... ...... ...
Ditto, % Shares ...... 46 L. .. ..... ...
...... . •
1-10. Quarter Shares... 171/2 ......
bo. Fifths... lO ....
.. •••
..............
Do. Sixteenths 61,4 .
........... ••
11)°. New, Gua. 6 nerct. 10
0. Liverp. and Bury 46
Ditto (Huddersfield ••. ............
and I)%(W Sheff.) ••......... 47 . akefield,Ponte-
..
.........
tract, and Goole) ... 50