The Sun.
London, England, 1849-03-07 00:00:00

MONEY and COMMERCIAL Ntrvvs.
CITY, QUARTER TO THREE.
The sales of Cotton at Liverpool yesterday were esti-
mated at (*rem 2,000 to 3,000 bales, and consist of about
2,000 American at 3-3-d. to Gd., 4,000 Surats at 31-d. to
4d., 40 Sea Llande at Sid to 11d. The market closed
heavily, and prices were something lower for all kinds,
except Surats, Egyptian, and Sea Islands, which remain
firm.—Railway Shares were quiet.
The folloaing is a report upon the state of the metal
trade in England, as drawn up by Mr. William Short:—
" Early in the month a large business was done in
Welsh Bar Iron at 5L 10s. per ton, free on board, in
Wales, and the price then advanced to 6L per ton, at
which there has been a moderate amount of business.
Makers and dealers are now firm at 61. to 61. se. per
ton. Staffordshire Iron has been advanced 1/. per ton.
The demand for holes and sheets is considerable. In
Scotch Pig Iron at Glasgow a large business has been.
done. About the middle of the month the price of
mixed Nos., ordinary brands, re ached 535.; but
the last few days, chiefly in consequence of
numerous Prompts falling due, it has declined to 521.
per tun, at which a- vela' parcels have been sold. The
American Mail is anxiousl look, d fur, in the expecte-
..pon of orders from the United States, which may ma-
terially affect the market. Foreign Iron is without
alteration. English Copper was, on the 13th inst., ad solaced
id. per lb. on illeathing, and 4/. 10s. per ton on Cake
and Tile, at which rates the article continued in much
request ; and on the 2d inst. another advance of same
amount was declared by the copper houses. English
Tin has been iu good demand, and has been advanced
51. per toa."
'I he American ad vices seem to afford satisfaction ge-
nerally, and there is an appearance of a brisk trade
with Europe during the spring, accompanied by a fair
share of general prosperity.
In Quebec a petition had been drawn up by the in-
habitants, upon the subject of the railway to Halifax,
and the following is a copy -:
" _Humbly showeth—
" Thiit your petitioners have never ceased to view,
with the most Heel), and profound interest the project of
a railroad to connect the city of Quebec with Halifax,
regarding it as of the greatest importance not only to this
city and district and to this province, but also to the
neighbouring provinces, and as an undertaking of na-
tional concern.
" That the very able and clear _report of the
commissioners appointed by her Majesty's Government,
to survey the proposed trunk line of railway, appears to
establish its practicability beyond the reach of doubt;
and that your petitioners consider it to be their duty,
and that of all the inhabitants of the North American
provinces, to give their aid to this magnificent under-
taking, by all the means and influence in their power.
" That your petitioners feel that they can hardly esti-
mate too highly the important advantages which.
as is clearly and powerfully shown in the
Commissioners' report, this undertaking holds out to the
mother-country and to Canada, by encouraging and
facilitating a continued flow of emigration to this pro-
vince—by the increased commercial advantages it will
afford—by greatly facilitating the military defence bf
the province in time of war—and by thus ensuring to
us the continuance of the powerful protection of the
mother country, and strengthening and confirming in
every way our connexion.
•Where'bre, your petitioners pray that your Honour-
able Rouse will take into your grave and favourable
consideration this great project, on which depends, as
your petitioners believe, the preservation of these pro-
vinces as British colonies."
The English Stock Market is again rather dull, and
with scarcely any change in prices. The state of the
speculative account will now be the chief thing looked to
as regulating time-dealings from this period to the 13th
iust., and probably as Railway Shares are temporarily
rather neglected, there would be investments in stock
were foreign politics less uncertain. There is an idea
also that the account is " Bullish," and certainly the
large buying transactions for time up to the date of the
last settlement, and since, in the face of a
very fair supply of money stock, would
seem to justify the impression. There is, nevertheless,
too much difficulty in ascertaining how the operators
get in and out, to allow of a confident opinion at pre-
sent. Consols have been 91i for Transfer, and Account
being now 911 There is very little doing for present
Transfer, and the price is even rather firmer than for
Account. Exchequer-bills have improved to 445. and
458. premium, and India Bonds to 535. and 565. premium.
Bank Stock is worth 193 to 195.
In the Foreign Market the dealings have been confined
to a few of the Securities. Mexican have touched 261 to
27i ; Peruvian 50 to 51 ; and Brazilian, New, 821.
Buenos Ayres hare been 27; Austrian Stock has been
done at 72 ; and Dutch Two-and-a-Half per Cents.
have been 49 to 4.
The Railway Share Market is very quiet, and there
is no change of any moment in the quotations. On the
whole these are firm, and in one or two instances, the
York and Berwick, for example, rather better.
BRITISH FUNDS THIS DAY AT ONE .O'CLOCK
(From the Official List.)
Bank Stock
per Cent. Reduced Annuities
3 per Cent. Consols Anus..
New 314 per Cent. Atlas.
Long Annuities, Exp. Jan. sth, 1860...
Do. 30 Years, Expire Jan. 5, 1860.. 8%
India Stock
Do. Bonds, 10001
... .•
Ditto under 1.0001
Consols for Account
Exchequer Bills. 2d.
March- Juno.
I,OOW.
5001.
PRICE OF FOREIGN FUNDS AT ONE O'CLOCK.
Austrian Bonds, 5 per Cent.....
Brazilian Bonds, 5 per Cent
Ditto New Bonds, 1829 and 1839 821
Buenos Ayres Bonds, 6 per Cent 27
Mexican Bonds, 1846, 5 per Cent
is —•- Ditto for the Account 27 27% 267 i 27
Peruvian Bonds, 6 per Cent 5O 51
Dividends on the above payable in London.
Dutch per Cent.,l2 Guild 49 49%
Ditto 4 Der Cent. Certificates 79%

'fits INESS DONE IN RAILWAY 811A1tE8 AT ONE O'CLOCK
RAILwATE Pam. Pica SaAas.
Caledonian
Ditto, Quarter Shares L114..... 43k to --
. Ditto. New 101. Preference 10
unties
n., 5 per ct. No. 1,64 13s. 4d IA p to
cashire
Do., 6 per Cent. Preference
Quarter Share. 614 7% to
East tiricolnshire .».. 25
Gt. South. & West. (Ireland) 45
Great North of England 100 ......Z2x.d.... to -.-
Great Western 100
Ditto, Half Shares
Leeds and Bradford 5O .....102% x.d. to ......
Lind., Bright., & South Coast 50 ...... 353/4%... to --
De. Preferential, 5 per Ct., 50 ..... 51 ..... to
London & North Western.. IOO 137 x.d.,.. to
London and S. Western-- 50 .. 38% x.d. to 39
Do., New Scrip, 1848, Pref.
7 per Ct. on Deposit and
5 per Ct. on Calls ... 5 6 ....• to ,
Stanch. Buxton, & Matlock 4% 134%... to .
Ilanchr, Sheffield, and Line.100
Do., New 10.. Preference.. 10 ..... 11 .. to 10X
Midland.. . lOO ..... . 82% x.d. to 83
Ditto. 501. Shares--
Midland, Birm., and Derby...100 ..„
Norfolk
Ditto Guaranteed 5 per ct 20
North British .. .. ... ...... .. 25
Do. Quarters 614...... 314
North Statlordshire... ..
Reading,Guildtd.,& Reigate 12% 13,4 to
Royston and Hitchin ..... -3%...... 3% to
Scottish Central
hropshire Union... - .. 2% to
South Devon ..
South Eastern
Ditto, No. 2.'
Ditto, No. 3.
Ditty, Registered No. 4.... 10
Ditto, Scrip No. 4..
Vale of Neath
Vilts,Somerset,&Weymouth 40 ...
fork, Newcastle, and Berwick 25 ... 25%ex.d to
Do. Original New & Berick 25 ... 255,4 ex,cl to
Do. and Newcastle Exten. 20 ......18% x.d to 19
Do. G. N. E. Pur. or Pref. 8 ... _7% to S
York and North Midland .. 50 ... 49% ex.div to
Ditto East and Vr estßiding
Extension .... 25
... 24y4 ex.d to
FOREIGN RAILWAY&
Boulogne and Amiens 2O .. —g% to --
Namur and Liege . 2O ...... 7)...... to
Northern of France
13 ...... 11l ..... tO --
Rouen and Havre
MINES.
Australian ......... .......... 5
is-AL...K.5.3/4 ...... to
....
Australasia .................. .. 40 .. 253/4 ...... to
....

COURSE OF
Affoter,lnm ...• •..... 12 2
Litto, at sight • • .... 12 0
Rotterdam .• • • •• • 12 2
14
Antwerp• • •• •• 25 65
Ilamburgb •• •• ••11•13• 13 12.34

EXcIiANGE.
atbraitax•• ••..•••..... 1
Leghorn .............. 32 60
Genoa .......... • • ••• 26 0
Milan .. • • ..... .: • :
Venice .. ..
Naples .... .. •• .. •• • • 39
Palermo, peroz.... ~ .. 117%
ganicileoldoldri.coin
.. 0 0 0
Measina ....., ~ ...... lis
Lisbon „.............. 42%
0p0rt0.... ...... ••• • •• 22%
Rio Janeiro ...... •• • .
Buenos Ayres .. ••• • • •
New York,2ldayesight
Philadelphia .... • • • • •• --
al Go suriariza.r.
fax, P 2117 ois9
ir,oortrerugi
silver in bars .. •• .• • • 0 a o
spsanisewhnDoolluanibloo.as .. 0 00
...
..
04
100,4

Aitona .. • • • •
Vat'ls, 3 dayesight .... 25 25

Ditto, 3pa onths •• 25 50'
Marseilles • • •• •• •• 25 50
BOUrdeaUX .• • . 25 b+l
Frankfort on Maine.... 121
Petersburgh, Sil. ltble.. 3t4.
Vienna, effec, n 0.... • • 11 29
Trieste, 30
Madrid•
Cadiz .. .
ilil ............ ,4;zi
Barcelona .• ..........

SOUTHAMPTON, MARCH 6.—The Peninsular and
Oriental Cornpan)'s st, am-ship Iberia, commanded by
Capt. Burney, li.N., with the mails frona Gibraltar,
Spain, and Portugal, arrived this afternoon at five
°Aa
fisarilclinigl were—Gibraltar, Feb. 25;
o'clock.ca, Oporto 2, Vigo 3. Her
freight
packages of specie, 15 boxes
eggs, 10 m diz 261;1 er dates
Lisbon,
role dleeches,l7 packages
711 half-cheats of oranges, 4
comprised
ditto lemons, 11 barrels of dates, and 18 packages of
sundries.
THE ARBITRATION MOVEMENT,--LEISt evening •
numerous meeting of the inhabitants of Farring ors
Ward was held in the British School-rooms, Harp-
alley, Farringdon-street, to adopt a petition to Parlia-
ment in favour of Mr. Cobden's motion for fixed treaties
of arbitration to settle international disputes, instead of
war. Mr. Fry took the chair. The petition having been
read to the meeting, its adoption was moved by Mr.
Mc. Cou, in a resolution to that effect, which, having
been seconded, was unanimously carried. Thanks were
passed to the chairman, and the meeting separated.
PORTS AT THE CArE Or GOOD HOPH.—An order
appears in last night's Gazette, rescinding one made in
ftcp caber, whereby the ports in Waterloo-bay and East
ndon, at the Cape of Good Hope, Were ordered to be
free ports.