The Sun.
London, England, 1849-11-23 00:00:00

MONEY anil COMMERCIAL NEWS,
CITY, QUARTER TO THREE.

The Cotton Market at Liverpool yesterday was quiet,
and prices remain without alteration. The sales (in-
cluding 1,000 taken ou speculation and 500 for export)
were estimated at 5,500 bales' and comprised 4,000
American at sid. to 74-d., 250 Eeyptian at Bd. to 9d.,
and 1,000 Surat at 4d. to sd.—There was a better feels
ing in the Share Market owing to the reduction of the
rate of interest by the Bank of England, and though the
business done was not very large, prices had consi-
derably advanced.
The arrivals of foreign grain aro important this week,
and those of wheat exceed 83,000 quarters.
The Colonial produce markets have been this week
duller, neither the home nor foreign purchases being
large. Still, as the deliveries continue large, a revival of
activity is not improbable, and the further cheapening of
Money at the Bank of England will serve to give an
impetus probably to speculative dealings. In referring
to the present state of the markets, the Commercial Daily
List states:—
" A decrease has occurred in operations in fibrous
substances, and cotton is freely offered at lower terms;
still holders of other articles are reluctant to make
any further concussion in the value. Dye-stufFQ,
however, maintain the former currency, and opt rations
for all purposes exceed those of the past season,
supplies are also smaller. For colonial produce the
market has a quiet appearance, and timid holders are
pressing sales at lower prices, but the leading mer-
chants still exhibit firmness. Although bread-stuffs
are offered at moderate rates, yet dealers operate with
caution, and there are greater supplies. We have still
no improvement to report in the trade for provisions, and
for most articles low rates are acceded to. The metal
market has a dull aspect."
The Ilatnburgh Mail has arrived with accounts
dated Tuesday. The rate of exchange on London
Was firm at 13.10, with rather an extensive business
doing, and with some scarcity of bills. Money was
abundant, the Funds were steady, though quiet, and
Railway Shares flat.
Our reports from the Continental Bourses state that
at Amsterdam, on Wednesday, Dutch Two-and a Half
per Cents. were again in favour, being 53i to 7-16.
Mexican-Bonds were higher, and Spanish and French
improved. Frankfort accounts, of the 2uth instant, give
the quotation of Austrian Bonds at 87k; and at Vienca,
on the 18th, the Metallics were 94k. The value of the
Prussiant,asTBhBire and-a-Half per Cents., at Berlin, on the
20h
There are accounts of July 12, from Auckland, New
Zealand, and of the Ist of that month from Wel-
lington. Preparations were making fur the survey
of the Canterbury District at Port Cooper, and
luny of the Wellington people, according to
the Auckland newspaper, were about to remove
there. Mr. Hamilton, formerly . private secretary
to Captain Fitzroy, says of the plains lately discovered
in the Middle Island, that the one behind Port Cooper
is 120 miles long by thirty-five or forty 'broad, covered
entirely with beautiful grass; a splendid sheep aad
cattle country with a good soil, comprising downs and
tills, all on limestone,—" I really now have certain
opea this country flourishing. The mutton of the
plains
is splendid. Then the climate—there is a
summer and a winter clearly defined. I was thirty-
three days in the bush, one out of which only was wet."
The grand jury at Wellington had protested against
the introduction of convicts.
The following is a statement of weekly railway traffic
according to the latest returns:-
1849. 1848.
Great Northern
Lancaster and Carlisle
London and Blackwell 494 ... 564
Eastern Couuties
Lancashire and Yorkshire
Yorkshire and North Midland:. 5,989 . 7,018
York,'Newcastle, and Berwickll,79B 13,472
Great Western*
North-Western 36,274 ... 38,216
South-Western 8,368 ... 8,359
Caledonian
Brighton
Midland
.... 20,775 ... 29,690
South-Eastern ... 8,935 ••• 7,414
* Bristol and Exeter, 3,1451.

We stated on Wednesday our views generally upon
the subject of a reduction in the rate of discount, and
have therefore nothing further to add, now that the event
anticipated has " come off," except that people must
not be under the erroneous impression that the Bank of
England, in its altered position as an active competitor
with other banks, will not raise the rate without the
least notice, if deemed advisable.
The English Funds are now reacting after the late
decided advance, and parties are realising their
profits. This was to be expected, and goes for nothing
In reference to the future status of the market, provided
political affairs remain tranquil, the probability of a
renewed advance being considered greater than ever
while cash is abundant, of which there is every expecta-
tion at present. Consols have been 94a to a for
Transfer, and 941 to for Account, being now 941
Lank Stock is worth 1981 to 199 i; atd India Stock 259.
Exchequer-bills are 47k. to 50s. premium.
In Foreign Securities there is much less doing. Spa-
t ish Three per Cents. are 361 to 37, and Portuguese
11E14113 i; Mexican have been 26i to 27, and Peruvian
52; Dutch Four per Cents. are 82i.
Railway shares have been higher in some cases, but
there is no general improvement.

0 \t. O'CLOCK. t;1,0,1 r G
Pl/QEES Or )31WrItill s UNIX, rEICEs.
bank Stock .. 198% 199 'At 199%
B per. Cent. Reduced Acns.. ..... 93 1/214 9314
3 per Cont. Consols Annuities 94 Vii % 94%
,New__ 312 i per Cent. Anns.. .
'dung Anns. to expire Jan.lß6o
giA Ditto, 30 years, Oct. 10, 1859
Ditto 30 years, Jan. 5, 1860 B% 8 11-16
India Stack
Illdia Bonds, 1,0001.
Ditto under 1,000/... ...... .- B2 85 p 85 p
Callsols for Account 9.1%3/4%
Exchequer Bills. - 1 ,/9 d• as 2d
4 ~
000/. Jun. 47 50 p 50 p
500/. June
813111 pl. June

PRICES OF FOREIGN FUNDS. ME OLOSIN‘
O'CLOCK. PRICES
98

Cuba Bonds, 6 per Cent .. ...... ...
61ixican, 5 per Cent. 1846, with Coupons—
Ditto, Ex Jan. Coupons .
Ditto, Account .. —
2634
... ............ 26% %
Ditto, Small
52
Peruvian Bonds, 4 per Cent
Portuguese 5 per Cents-
--
Bac°, Sallper Cent.
3
. Ditto,m
°Panimb 5 per Cent. 1840 —
Ditto, Account
Do., Coupons... ...... .....
Ditto
3 per Cent
Ditto, Account, 361/2 37
Dividend sCent on the above pavablBesi%n London.
85%
Religan, 4% per . . •••••
Dutch 2% per Cent., 12 Guild. .. 54%
Ditto. 4 per Cent. Certificates 82% 82M
~ PRICES OF
ArerditeWenAT SHARES.
PAID. AnTtr....SOINNEEsOs'CDLOZKE. CPIRILIEN' St'
50
Do. Preference
Amber, Nott., Boston,
-
and Eastern Junction 6% ••••••
.4_yrshire and Galloway.. 7Vs
.....
Belfast & County Down 28 ...... ""'
Berks & Rants Extens.
(Gt. West. Piz. 5 per et.) 6
Bitliiinghain and Ox-
ford Junct., 'calls duly
Paid, or with a guaran. 20
BiMi
....
Do? without guarantee 20 ...•••
n- Wolverh'ton,

and Dndley, calls duly
or with guarantee 10
~• without guarantee 10
Dirining.,Wolverlepton,
and Stour Valley 131. 14a ...
Dirkenhead, Lancashire,
and Cheshire Juno.... 20 -
Bristol and Exeter 9O ... .. 51
Ditto, Thirds . 000 . . 27%
Buckinghamshire - -•••
Caledonian ......
Ditto, New 101.
•Pref... 10
Ditto,Clydesdale June 50
Ghtster and Holyhead... 50
Ditto, Preference l5 ......
Clarence
Do. Ist Class, 6 per Ct. 10
Do. 2d Class, 5 per Ct. 10
Do. Government Loan,
4 per Cent. * . lO ...... ... —
Direct London & Ports-
mouth " 51%
Dublin and Belfast June. 40 ..._.
Dundalk & Enniskillen 27%
East Anglian, 251., L &
E. and L. and D...... 25
Do. 18/., E. & IL ... 18 - .....
Do., 3/. 10s., Pref... 3% .....
Eastern Counties........ 20 ...... 6% 7i . .....
Do. New, Gua. 6 per et. 10 ......
Ditto,Extension, 5 per
Cent., No.l 61.135. 4d.... 1/2 P
Ditto ditto, No. 2...61. 133..4d...
Do. North. & Eastern,
6 per Cent.
Ditto. 5 per Cent.... 50 - ••• .•• •••••••• -
Do. New 43 -
Eastern Union, Class A
(late E. U. Shares) 25
Ditto, Class A, ditto... 3%
Do., Class B (I. & B.) 25 —
Do. Scrip (6 per cent.)
Ditto. Class C, ditto... 25 .
20 ....
1-
""•• ithi4.••••
East Lancashire ......... 25
Ditto, New 25 ..... ...—. 12 is
Ditto, New Quarters 61A...„'
—-- ......... "....
Do., 6 per Cent. Pre. •• ....

111,E
7 ;Zig

A - ..

•/
ference Quarters
East Lincolythire 25 ..• .........

- --- , ••••••
Edinburgh findGlasß.ow 50 ,•••• ******** .'
••••••
Ditto, lief Shares ... 23 —..
EdinburghandNorthern 25
15
..
V. N *****
.........

,ewport •• •••
Exeter•Yeovil, & Doreh 23,,
Exeter -d E Guth. 21s. ..

A am
Dumfries, and
Carlisle ....... ..8/.6a. 8d .
Clasgow,Kiimar., & Ayr 50 ..... ..........
Do. Preference Consol.
- ^

ireat Northern
Do,, !,,, A Deferred 12% ......
Do., );,, B 6 per Gait— 7%...... -..
Do., 5 per Cent. Pref. 10
i'
'Nit t3outti. and W est-
(lreland )
(Irrat North of England.loo •••••• ••• •••
Ditto, Now, 401 4O
Ditto, ditto
Ditto, New, 301 3O
•• • •••
Ditto, New 151
(3reat Western lOO ...... 561/ 551 i —••••
Ditto, 1.,. Shar©s 5O ...... 242... ........ .•
Ditto 1z 4 Share;`'
Ditto, Fifths ... 2 1058 . .... 10%
, NR„ 1,,, .. as.•••• 0
ew .11 ',O. WOO 15 ....• 61.4•11••••••••••••• 6,1
4411
. !UM