The Sun.
London, England, 1849-02-12 00:00:00

MONEY and COMMERCIAL NEW''..
CITY, QUARTER TO THREE.
The Cotton Market at Liverpool on Saturday was
steady, and prices of American were again a shade
higher, other sorts unchanged. The sales were esti-
mated at 8,000 bales, and comprised about 7,000 Ameri-
can (of which 3,000 were taken by speculators) at 3id.
to sid., 80 Bahia at sa. to sed., 100 Egyptian at 54d. to
6id., 300 Surata at 3d. to 3ed., and 80 Sea Islands at 80.
to 1 lid. per lb. The market for Railway Shares was
steady, and full quotations were realised.
The holders of Mexican Bonds are becoming heartily
tired at the anomalous position in which they are placed
by the non-payment of any portionleven of a dividend, and
the doubt when they are to expect one. It seems obvi-
ous that an account current should be rendered by the
present agents to the Spanish American Committee,
and this, irrespective of what Messrs. Schneider
may please to call themselves, whether agents of
the bondholders or of the Mexican Government.
Even the amount of stock entitled to a
dividend is scarcely ascertained, we believe, such was the
jugglery under Santa Anna, and such has been the mys-
tification since. Parties exchanging the old stock expe-
rience this even now, despite the courtesy of Messrs.
Schneider, for the former agents, Messrs. Lizardi and
Co., are in possession of the books, and have to verify
the stock before it can be converted.
The following report upon the iron trade is from Bir-
mingham, and appears satisfactory:—
" The dealers and merchants are busy, not only for every
day consumption, but they are endeavouring stealthily
to replenish their empty warehouses in anticipation of a
considerable impulse from the spring trade, particularly
from the United States, under which it is not improba
ble that a general advance in the prices of iron would be
declared. At present it would be premature to offer
any opinion upon the course likely to be taken next
quarter. The position of mercantile and political affairs
among our continental customers is too unsettled to allow
of a satibfactory calculation as regards our probable
transactions with them for the next six or twelve
months ; but the advises from America are
of a stirring description, and, in spite of the vast share
of attention absorbed by the Californian mania, there is
little doubt that considerably enlarged quantities both of
manufactures and iron, as also of hardware goods, will be
shipped for that country. Large orders, we are told,
have waived in Liverpool by the last packet, and have
been disposed of principally among the Welsh houses,
while in London extensive transactions are daily con-
cluded.
" The railroad interest is also recovering gradually
from the late depression, and the improvement
hitherto effected is well maintained, with an
upward tendency. The abundance and cheapness
of money will cause a more early resumption of opera-
tions in these undertakings than might otherwise have
been looked for; but it is scarcely to be expected that
they will afford much assistance in the consumption of
iron during the present year, while the enormous in-
crease in the make of that article both in Wales and
Scotland has called forth an expression of some appre-
hension on the part of many conversant with the trade.
The stock of pig iron in the latter country at the begin-
ning of the present year was supposed to be about
110,000 tons, and the probable make is calculated at
"50,000 more, while the whole quantity disposed of dur-
ing the year 1848 was only 550,000 tons, and that much
exceeded the consumption of 1847; so that a large in-
• crease of stock is feared during the present year. The
same prospects offer in Wales, and, it is thought, may
prove a check upon any advantage that might otherwise
have been taken in obtaining more remunerative prices."
The Stock Market which closed a little flatter on
Saturday, has not yet recovered to the full extent the
buoyancy
existing early on that day, but there is good
S,uPPort given to the market, in consequence of the fur-
rise on Friday and Saturday in the price of the
.f?ente at Paris, and the manifest inclination to speculate
for still higher prices. The Consol account has, how-
ever
thereby,to
be adjusted to-morrow, and the Bulls
being largely out, the quotations are slightly influenced
tone existing The abundance of money and the confident
affording great facilities, however, for car-
Zing over accounts, it is probable that the setttle-
ent will not produce the material temporary flue-
tnatinn which otherwise must ensue. Since the ac-
count commenced the rise in Consols has been 34- per
(P3t. The range this morning has been from 94. ..to
IIC and the present values are 93 to *. For March
,•1„41 rates are about * per cent. higher. The New
Three-and-a-Quarter per Cents., are 94 to 94i; and
the Three per Cents. 93 to I. Bank Stock has been
done at 194; Exchequer-bills of March are 445. to 465.,
nd those of June, 495. to 50s. premium. India Bonds
'ire 50s. to 525. premium.
The Foreign Securities are not quite so high as on
Saturday, Spanish Five per Cents. bring 17* to ; and
the Three per Cents. 29e 4. Portuguese Four per
Cents. bring 25.1 to t. Brazil Bonds are 814 for Ac-
c°.,_,unt; Mexican have been 25i to Dutch Two-and-
ir,'Llalf per Cents. are 50 to Grenada Deferred
‘'nlE is 3 o*; and Peruvian 49 to*.
a The Railw:.y Share Market is depressed, and there is
f,":"n in Great Western of 41. to Si., in Midland of
T. to
Midland3l, and of eto e in some of the smaller lines.
iasat
ecausset.atement is out, and would appear not to
16.1" satisfaction but possibly over speculation for the

PONE CLOSING
.t.; OF 1`
PRICES.
RP,II NS i''
' ' FUND`? O'CLOCK.
13 :nk Stock -I'S
' 194 194
2 Per Cent. Reduced A"ns ... 93 9314 9314
• per CaW. Console Annn't,es 93 92-Y8 93th 92% 9314
tew 314 percent. Anne.... •
Cllg A ,-+S. t ) (....:pit ) J En. 1860 ••• —•-••
Ditto 30 yea- , Jan. 5,1860 8 11-16 8 11-16
Bon a 1,0;331.
s 50 52 p 52 p
,ends, for Account
''ltchequer Bi"s. Vhd. & 2d.
14301. March ......
1,0001. June 49 50 p 53 p
500/. Mai ch . 46 p , 46 p

--- -
.. -
Small, March 46 48 p 48 p
PRICES OF FOREIGN FUNDS.
Ov'TLzO CK. K . CLOSING
Braz!lien Bon&
Buenos Ayres Bonds, 6 per Cent 26 26
Grenada Bonds, 1 per Cent. —
Ditto Defeieed 3lh4 3 3
Mexicru, 5 per Cent. 1846 25% 16 2514
Ditto, Account 2514
Peruvian Bends, 6 per Cents 49 49
Ditto, Account ..... ... .....
Portuguese 5 per Cents. —
Ditto, 4 per Cent —
Ditto, Account ••• . 25%3/4 253/4
Russian Bonds .. — 109
SPerish 5 per Cent. 1840.
Ditto. Account I7J 18 173/4 18
Ditto, Passive
Ditto, 3 per Cent 294
Ditto, Account . 29.73 30g
30
„ Dividends on the above payable in London.
Belgian 4% per Cent ...
I)Utch 21,¢ per Cent., 12 Guild.... 5014 50
Ditto, 4 Der Cent. Certificates 79A1/4

- - - -
PRICES OF
AILWA.Y SHARES. r_„ n.
ARTusOINNER.sosvoLoOLE.
193% - ..... ....--- '
Aberdeen ...
24%
Caledonian ..
7
8% ••• ••
f.,,D0. New 10/. Pref..... 7%.....
282:si .
22xi
'digester and Holyhead... 50 ••••••
14xi
EastDitt, Preference l5 ...... 13% 14 x i
.Anglia, =-I,e L. &
3%
E. and L and D...... 25 ••••••
0,, 5./ 2%
Do., 3/. 108. Ettern eomdies...
..... 0
23iA
.... ,-/v is
11% ..... 11%%
-0 New Guaranteed
12
~ 6 Per Cent. ...
.uitto, Ex tension,s per
1/1 P
n;Fent-, No. 1 61.135. 4d.... -
14 P
Ditto ditto, No. 2...61. 13s. 4d... -
_
1)0. North. & Eastern 50
R 411),° • , 5 per cent. -
53% 50 ... ..
19%
~1.• Laticeshire .........25 - ..... -- 15
. -Ditto, New
t2l
',an ; ,
~; 11-e-0 ms.ii•se ...... 2
409
•
Greathha.s,-,h and Glasgow 50 ..-.. 4291
5,
....... Northe‘ a
43/4
13)00, 11,, A. Deferred .. 12%...... 4%... ..
5%
%2 B 6 per Can,.
514
D&lli' ar teed - ... 6%
o .., 4 . •••
% ..
q... • .x. ens'oa 2%
,eat Sout'a. and West.
32%
(Irellmi) .... ......... 45 •••••• - --
99
Great we5ter.............. 'CO ...... 100 99 ...... ....
22
bhitto, le S'• ares
4',;.0, ,Iftbs
13,
:,:piittttoo: New 171..... •15 l4 13% ........... -.72
knill ard se,o_,
..
...... 50 - .............
52
Half ohares ... 25 -
--
44- -easli A_
74
Do
'3'. Yc.'ishz e E 3
...o, e • tt, . 86
.....
.....
13%
121000...
IsTQven.waiGero?.g b 6
DO. 1 '74t.1,: l3l .•••••••- .....
7%
1)
LeDed%(:(1.1P13;.Q::;;.0.1:;.°11)
15070
" -130597311411A21:14-%:::::::.::::
........11::::
35161;:x1.%.d.d
Lo
n°B°ontithl3. -Lust 11.-
and
s°
Ditto
New 54. g / 6 Pe! cent. .. aar
5
-71..°4 and N. We ;ern 100
12 1214
trio, New ............ 7
9
tnha'tto•Pitchi ..... .. .. 2 - - ..... 41
137 138 136%... •r2..,142
/11-e-n7,13,4_ S• WeWs al 5O ...... 41% 41 ........
Ist eater,Briaton,rnd
1%
1.4 Dal:ll:e7Gtitle:ini:::.C.:lll..Bnl2-Bh.slib:
4%..:613.::.(1114°3
2 1%
-
-
183/4
-
90%
441418,4 d •-•
92 89 91
bo ... .............163
19%
D 0
.s do., 604 Sherea... 25 ..... 19% 20% .... .
R°eorsol. Bristol rud
11417011/1,41:'1C., 6 per ct. -.100 .....123 x.d. ....... .....:
100
D isT .... ••-•
Nor °.
,ew Lx.
...
16%
r‘i" 'JI4IBII
~.,....
... 25
...... 16%...
... 7%
rN.tth, Halves ..
33/4
;-,•!ttO, Quin te
61% 35i3A
4%
Noti..itto, Third, r 5.... -.. 84 .... 4 4
11%
tt,_th Stafioidshire
24
Itewolverbeninz•on ' 50
24 .. IDS 4dia3, GulZwo d ......d
ei.at -r' an 1314
e ............... 12% - ... ...... ••.• .•
24
gheortt4
Cantral .... ..... 25 ...... 24
6
017.8blir,SP and Baal.- 10 .....• 5% %
23/4
1),,',L0
„.(14,-.D. Class B. 6 -
9%
eibt"‘c-S AeW Guarar teed 8
"813hrY & Cnester
D(Nor. W Min.) lB - •••
itto -,-, •
1,
'A
T, 4,..rp, " ... "A
....0 0 •• .........
15
15 •• •••••
shro • . per Cent. Pref. 10
21,i
ti tiellhire Union
17
s° h Devon
50
...... 18 17
onth E__,_ ••.. ...........
25.14
.... 2534
Do. ispera ... ........ 33%
2234
/)...,_ o. 3 .....
..
...... 30
7%
1.,‘!, Itegis.tered No. 4 10
73/
so'Z'' SeliP NO 4
19
vir. h Weies
33
ii, . ....... ......• '4l Botileiat,Si WeY-
-28%
tothretitli
..
40
29 28%
ix, , ...... "
Be."
..Nveastle,. and"
25
- . • • -
~,. Orin ••
New and
28%
b11411,:e1E .. ..
_,.. .25 ..... 28% c••••-
D 0.3300.. Ei ate ai; ....... 1.. 20 ...... 211/2% - No• 2 20 2114%
c., ~..
..... .
...... 21%
VA...m.F.Preferezice 8 ... .. % 91posni re IP"