The Sun.
London, England, 1849-05-02 00:00:00

MONEY and COMMERCIAL NEW;..-
CI i QU.,R IERTO i le
Tire salcis of c, at, Liverpool yesterday were es''-
mated at 5,000 bales, and comprised about 4,000
American at to 6,k(1., 9,000 Bahia at 44d., 300 Surats
at 31. to 31d. and 36 Sea Island at 9d. to 94d. Tho
transaction included 500 American on speculation. The
market closed more firmly. Railway Shares were quiet.
In Mark Lane to-day trade generally is fiat, at Mon-
day's prices. The arrivals include 13,210 quarters of
Foreign Wheat.
The Colonial Markets are very dull to-day, and with
scarcely any public sales.
From Manchester we have received a report on the
state of the textile markets, during the past month,
furnished by Messrs. McNair, G reenhow and Irving, from
which we take the following extracts :
" The outward appearance of this market (luring the
month has been indicative of gloom and depression,
save when occasional cheerfulness was produced by the
favourable accounts by the Overland Mails, and by the
genial and welcome change in the weather. Though we
are unable to furnish you with an animated report as to
its condition, it may, considering the opposing causes in
operation, be viewed more satisfactorily, as regards
actual transactions, than what you may have been led
to expect. It may be unnecessary to re-
mark that the disordered relations of political
matters on the continent of Europe have engen-
dered much distrust, and are again exercising
a very prejudicial influence not only upon the trade of
this district, but upon that of many other manufacturing
localities, as well as upon commerce generally; and that
so long as they remain unadjusted their effect will become
more injurious. Another important drawback arises
from, and is consequent upon, the comparative absence
of purchasers of any magnitude for the country trade,
which is generally admitted to be in a very depressed
condition, owing principally to the low prices obtainable
for agricultural produce. Valuable as low pro-
visions unquestionably are to the great mass
of the community, in purely agricultural districts,
the consumption of manufactures cannot be otherwise
than at present, materially interfered with. It is pro-
verbial that the drapers who have been in the market
during the month have purchased very sparingly.
Their complaints are uniform. The retrograde
movement in prices has likewise not been without its
effect, operations having been limited to existing wants.
Allowing for these drawbacks, we look upon the aggre-
gate transactions as being very extensive. Prices, as
you. will have observed, of nearly every staple
article have again declined. Stocks of goods
generally, if we except those of domestics, and
one or two other descriptions, are very light. Some
descriptions of yarns too are heavy, but these are
matters which will be best ascertained by a reference to
the details."
Tho above report is certainly more favourable, under
all circumstances, than might perhaps have been ex-
pected.
At Amsterdam on Saturday stocks were rather lower.
Dutch Two-and-a-Half per Cents. 494.
By express and telegraph we have advices in anticipation
of both the East and West India mails. The political and
commercial information contained in the former appears
to be favourable. The money markets of Bombay and
Calcutta were easy, and the markets for European
goods were moderately active. We await further details.
The steamer from the West Indies, brings over
80,000 dollars, besides some amount in British coin.
By this opportunity we shall haiii 'the Chilian mail,
but no dispatches from Mexico.
The directors of the Eastern Counties Railway have
published to day a statement in answer tq the report of the
committee of investigation. Upon -the gravest points it
does not seem to touch, however, or rather there is an
assertion that the board of direction has only recently
exercised its functions. It may fairly be observed that
the excuse put forth is not tenable, because had the
board strenuously objected to the charging of expenses
to capital, Mr. Hudson was not likely.to have persisted in
his-views.• -Iu- one point we. cannot but coincide', how-
ever,' viz., that it is to a great extent the fault of the
shareholders, who were willing to give unlimited support
in the declaration of high dividends, though obviously
not earned, and that the depreciation fund was nega-
tived at the general meeting of February, 1846, though
previously in existence, and was subsequently absorbed.
Finally, ought all the amounts charged upon the half-
year's revenue to be so charged? This is a matter for
grave consideration as it affects the dividend. The
company undoubtedly owe the 97,3641., or say
the bulk of it, but part arises from former
arrears, and part, as the Directors affirm,
is for new, carriages, or such as' might be considered
new; while the cost of relaying the permanent way,
• 13,6381., should stand over to the next half year. Hall
this can be established, there may be some ground for
a modification of the views of the committee; but we
understand thatz the latter,' who are still sitting, will
speedily reply, and that as the liabilities have been in-
purred, they gist be met from some other source than
nspital.
Having attended yesterday, like very many others,
from curiosity far more than coincidence of opinion,
the meeting of Protectionists, we deem it advisable,
however much politics should be eschewed under this
head, to state that the free-traders must not be apa-
thetic. From our knowledge of City men, and of all
the ramifications of trade, we feel warranted in as-
serting that the parties who appeared upon
the platform yesterday are men who have
long, profited by monopoly, and who, as such, do
not represent the non-protected and laborious classes.
Thousands of persons have been benefited by the new
channels opened through free trade and in the very
Stronghold of monopoly, among the shipowners and colo-
nists themselves, must the friends of progress have a
counter demonstration. The response will be such as
not to make them regret the trial.
'Stocks 'are more buoyant to-day. Consols 914 to
924, and' now, about 9,21 4.. The foreign news
.reads better. Exchequer-bills are 445. to 475. premium.
jiank.Stock has, ranged from 1924 to 1944. India Stock
ii at 246. •
The Foreign Securities are quiet. Spanish Three
per Cents. 33. Mexican have 'touched 32 and 324.
Brazilian New are 7L Dutch Two-and-a-Half per
Cents. are 504 I.
Shares are all better again, and with more disposition
to do business. Lord Brouglatim'a speech has excited
much attention.

ONE CLOSING
P•t ir zs• or BAIT'S d FUND d. O'CLOCK PRICES
Bank Stoek
8 per Cent. Reduced Arms ......
8 per Cent: Consols Annuities 92 9134 9214 92%
New 81‘ per Cent. Anns.... . 91%%% 513/4
Long Anna. to expire J an. 1860
Ditto, 39 years, Oct. 10. op
Tait): Stock 241 247
Lurtie. Bondi, 1,0004
Ditto under 1,0001... ..... —- 67 67
South Sea Stock
' • Ditto Old Annuities
finitto New Annuities . -
Consols for Account 92 9214%
• gxchequer Bills. • I%d. & 2d.
1,0001. June ,.... "44 47 p
• 5001. June 44 47 p
Small. June
PRICES OF •FOREIGN FUNDS •• • OXE
O'CLOCK.

CLOSE, 0
PRICES

trazilian Bonds
Ditto, New, 1829 and 1839
Ditto, Account . ...... ...... 79 79
Equador Bonds
ratleicican,ss per Cent. 1846, with Coupons 321,E 32 32
Ditto, Account,
Ditto, Ex Coupons
Ditto, AccOunt . — 29
Peruvian Bouds, 6 per Cents 66 66
Spanish 5 per Cent. 1840.
Ditto, 3 per Cent
Ditto, Account — 33%
Venezuela Bonds, 2 per Cent 24% 24%
Dividends on the above payable in London.
Primal, 3 per Cent s7f. 50c. 57t. 50c.
Exchange 2sf. 30c. 25f. 30e.
....

Dutch 2%-per Cent., 12 Guild.... 50% lA% 5034
Ditto. 4 nor Cent Certificates 771,E 771
PRICES OF
PAID. BUSINESS DONE CLOSINu
RAILWAY SILARES.
50 AT. ONE O'CLOCK. PRICES
Aberdeen
Do. Preference . 21- • 2,i ••••• 2%
Amber. Nott., Boston, ,
and Eastern Junction `2:!A...... -%
Barks & Hants Exteni.
(Gt. West. Per.s per ct.) 5
Bristol and Exeter 9O ..• .. --59% xd
DIM, Thirds ....
... 50
Caledonian ..
6%..
Do. Quarters .... ....... 12%
10 ...... 111 h% ..... ...... 11% -Do. New 10L Pref
16
Chester and Holyhead" V
...
1136 '4l 1163
13
Ditto, Preference......
3__ ....•.
6%
6th
Dublin and Belfast dune. 7lia •• •
East Anglia, 254 L &
3%
E. and L. and1D...... 25
Eastern Comities." .....
...
.........
...
20 •••-• 81/11 8 811,/...
• Do. New, Gua.6 per ct. 10
.....
East Lincolnshire ...... 25 • ... . 28%
_
Edinburgh and Glasgow 50 ••••""
"' _ ..-" „ ,
Exeter,Yeovil, & Dorch. 23s ...... 171 _
13°41 '"'". ..
Great Northern
Do., ~,, A Deferred
Do., %B 6 per Cent 71,4. ..... 6 ~.........
Great Western 100
Ditto, 14 Shares 5O ...... 4314_
Ditto, 14 Shares
Ditto, Fifths ..... ....- 20
Ditto, New 171.- ...- 15 ...
Hull and Selby - ...... 50 lOO ............ ...
Ditto, Half Shares ... 25 .....• 49% ...............
Lancashire & Yorkshire 93 .
Ditto, ditto ............ 86
Do. Fifths... ....... .... 10 -7.i
, Do. New Guaranteed
. Oler Cent...
'Do. tw.Eiding Itnion) 9 .• ... 3% %.... .....
Leeds a.nd Bradford 5O ' 100% London &Blackwall ... . 12% 5 ... -.
%14
Loudon, Brighton. and
100
South cout
50 38% %
Ditto, New 51., guar. ......
6 percent. 5
,London and N. We5..t..... 100 ....... 13611413014....iii.4.
Ditto, New Quarter
Ditto,Fifths .. ... B*.
72 ...... 11 10% 11W3
, Do. 101. (M. & B.) C. 1 «••.. 71/i 6• •••
Gond. & S. Western
...... 50 .... . ....
4
Ditto, Thirds ...... 16/.i35.4.d.... ....
35
1,4-......
.........
Manrituter,Bmaton,and 514 dis. .........
Matlock 4%. .....
,4
Manchester, Sheffield, 11...............
and Lincolnshire 100 ...... --
Ditto, New 101. Pref lO ...... 11 ....
...
.....
......
-Midland ...... ....... lOO ..... 67% ... .6g 69. Do., do., 4.0/. Shares 25 •.... 13311 14% 14...
D. Biral., and Dorbyloo
North -British
.. .... ... 25
.... - ........
Ditto, Thirds ... - " 4 ... ... ..
...............
.. • North Staffordshire 17% 13% 13 13.., ..
Oxford, Worcester, and
Wolverhampton ...... 50
Reading, Guildford, and
Reigate ................ 15
Shrewahnry and Bins 11 ,
Ditto, New Guaranteed. 8- "
E-9 lh ......... •••••
8°4.4 Staffordshire ...... 7% ... 3%