The Sun.
London, England, 1849-01-09 00:00:00

MONEY and COMMERCIAL NEWS
CITY, QUARTER TO THREE.
There was a fair demand for Cotton at Liverpool
yesterday, and, compared with Friday's rates, prices of
all kinds were very firm. Of American, at 4*e. to 40.,
there-was a fair supply and ready sales. The sales were
6,000 bales, end comprised 500 American on sprouts-
tion, 5,000 American at 3ed. to 54d., 250 Pernarns, &c.
at 40. to 5d., and 700 Surat at 3d. to 3d.—The
Railway Share Market was firm, with a good business
doing.
The accounts brought by the steamer Niagara, from
America, have not yet been received in town, but the
exchange at New York on London was firm. The
money market being rather tighter, might be simply the
effect of the close of the year.
In a New Brunswick paper, lately to band, we
are apprised of an " important political suggestion," as
it is termed, viz., to send a deputation to England to
bring under notice the unfortunate position of the co-
lony, and to urge the necessity of a great parliamentary
measure that will'effect the following object:—
"An union of the entire British colonies and de-
pendencies, free trade, and parental and filial annexa-
tion between them and the mother country—colonial
representation in the British Ministry and in Parliament.
" A wide plan of emigration of labourers and capital,
and an abolition of the "obnoxious
s" Colonial-office
policy."
"Two fearless and independent gentlemen, pos-
sessing a spirit of determination to overcome all
obstacles, and to bring the whole matter before the
people, through the medium of the press, could be found
in New Brunswick who would undertake the mission
from motives of patriotism, and we understand that
ample funds could be raised to defray the expenses of
such a delegation. To be successful in either or any
any one of the objects before mentioned would, we con-
ceive, be attended by a revival of every branch of colo-
nial trade, and an opening of our vast resources
to the capital sand labour of the British em-
pire. Surely, there are none amongst us, possessing
real or personal property, who would refuse to contri-
bute to this measure, by their means and cordial sup-
port. The broad proposition is one of such vital im-
portance to every man among us, who claims
to he loyal and patriotic—without reference to
minor political differences of opinion--that we
would feign hope, the gentleman from whom the sugges-
tion has outwitted, will use his ieflaence, for convening
a meeting at' our influential citizens, for the consi-
deration and discussion of the project. We do not
entertain a doubt but that our neighbouring co-
lonies will gladly fall in with the proposition,
(if we entertain it favourably), and act upon it. The
most of the British colonies are in a wretchedly un-
prosperous condition—in a middle state, suspended be-
tween Great Britain and the United States; both the
mother country and the Republic are taxing our
exports, and the colonies taxing the little
trade there is between one another. , There
is no remedy apparent to us, but in a
Parliamentary Bill for a " Colonial Confederacy;" and
this Bill, we think, can be obtained, if the colonies will
now severally send deputations, authorised to go to each
member at her Majesty's Government, to each Member
of the Imperial Parliament, and explain our unfortunate
position, urging, at the same time, by means of
the press and every other honourable method, upon
the nation at large/ how much to their interest it will
be, to make the whole of the British possessions abroad,
integral parts of the empire at homie There is so
much respect and regard for monarchy and monarchical
principles, in New Brunswick, that the idea
of separation from England cannot, without
great and cogent reasons be entertained by the province;
but our trade is prostrate, our population is gradually
removing to the neighbouring republic, and le is hard to
say s hat men in self defence may be forced to do. The
rulers of the British empire, if they wish to retain
the affections of the colonists, must unite them under
a common head, and draw them closer by ties of sym-
pathy and common interest; and it now becomes the
duty of every loyal colonist to fasten this truth on the
minds of the rulers and the people of the mother coun-
try. Whoever will act, to carry out the project of a
delegation for such a noble purpose, will countenance
and aid one of the most important practical measures of
relief for the colonists and the overgrown numbers of
the population of Britain, that has ever yet been con-
ceived; and also benefit themselves, their interests, and
posterity,"
Accounts of October 30, from "Valparaiso, report more
favourably of trade. The gold mania was, however,
most thought of. An excellent opening for goods is ex.
petted in the Pacific ports.
The Funds are firm this morning. A steady business
is doing, but the dividend payments engage chief atten-
tion. Consols for Money are 89e to 891, and New
Three-and-a-Quarter per Cents. 891 to 90. Ex'
chequer-bills 44s to 46s premium. Bank Stock is
about 189 to 191. Consols for Account are 891 to 891-
In the Foreign Market the quotations are 25 to 25k
for Mexican; 48 to 50 for Peruvian; 27* for Spanish
Three per. Cents.; 251 to 261 'for Portuguese Four per
Cents ; and 481 to 48i for Dutch Two-and-a-Half per
Cents. The Peruvian bondholders' question has been
re opened by the Minister, Senor Oswa, throwing the
blame on the Committee.
In Railway Shares a good and legitimate business is
doing at the rates subjoined in the official list, which are
nearly the same as those obtained yesterday.
0.. E
O'CLOCK.

CLOSING
PRI 'l<:t.4 Or ISRITISii FUNDS, PRICES.
Bank Stock
3 f .or Cent. Reduced Anr,a B9i/e%3 89
3 per Cent. Consols Annuities B9IA 1/991 % 89
3 per Cent. Annuities, 1726
New 3% per Cent. Anne.......
Long Anus. to expire Jan. 1860
Ditto 30 year:, Jan. 5, 1860 Bl-h 8%
India Bonds, 1,0004 ....... ......

Ditto under 1,000/. ...... 46 p
South Sea Stock

Ditto New Annuities
Consols for Account. B9IANt%
w xchermer Bills. 21hcl. & 2d.
1,0001. March 45 44 46 p
1,0001. June 46 44 p
5001. Match 46 44 p
Small, March
Small. June

8714—scd
89%

CLosilie
pRIGEB-
- Bonds -•
Ditto, Small 76% 76 76
Grenada Bonds, 1 per Cent.: 14% 15 151,‘
Ditto Deferred 2% 7(3 2%
Mexican, 5 per Cent. 1846 — 2834
Ditto, Account — 26%
Peruvian Bonds, 6 per Cents 5O 50
Ditto, Account — 484
Portuguese 5 per Cents. 7l 71
Ditto, 4 per Cent. —...-
Ditto, Account

PRICES OF FOREIGN FUNDS.

tZTE
O'CLOCK.

Spanish 5 per Cent. 1840. -
44
Ditto, Account 1414% 13
- Ditto, Passive
Ditto, 3 per Cent 27% 27%
Dividends on the above payable in London.
48%
Dutch 24 per Cent., 12 Guild 481,4%
Ditto, 4 per Cont. Certificates 76% 76
ga
PRICES OF BUSINESS DONE c LOST-.
•
PAID.
RAILWAY SHARES. AT ONE O'CLOCK. PRICES'
Aberdeen
Amber. Nott., Boston,
and Eastern Junction 414 ......
Ayrshire and Galloway.. 71. E — .... •.---- • •
Belfast & County Down 204 ........ ........
Birmingham and Ox-
ford Junct., calls duly
paid, or with a gnaran. 20
Do, withoutguarantee 20 .
Birming, Wolverh'ton,
and Dudley, calls duly
pd, or with guarantee 10
Do. without guarantee 10
Birming.,Wolverh'pton,
and Stour Valley 131. 145...
Birkenhead, Lancashire,

and Cheshire Junc.... 10 -
Boston, Stamfd & Birm. 5 .... -
Bristol and Exeter 9O ... .. •
- .•„„ .•„„ ---
......
.
Ditto, Thirds ..- ..... 27% - -
buckinghamshire... 14/.5405.
......
2225ki4dis. - 951 22 d!i:
... is •
Caledonian -
Ditto, Half Shares - ....- ......... -
Do. New 10/. Pref 7%... .. - ......... ..-..
Ditto,Clydesdalaunc 50 -
Mester and Holyhead... 50 -
Ditto, Preference
Clarence -
Do. Ist Class, 6 per Ct. 10 -
Do. 2d Class, 5 per Ct. 10 - ... ............
Do. Government Loan,
4 per Cent. - •••• ...........
Direct London & Ports-
mouth
Dublin and Belfast June 3554..-. - .- ..
....... -- .."• ..
. .. .....
'
Dundalk & Enniskillen 20 ...... -
East Anglia, 25/., L. & 4%
E. and L. and D..... 25 ••••••
Do., 18/., E. & H.... 18 ......
Do., 31.105.
~.„. - ....•...•.•..••
11% 20 l'••••••
EaDstoe.niNCewounGtuiesar-an. .......
d.
10 ...:.. -
6 per Cent -..
P.
1214
Cent., No. 1 .....
9 61. 13s. 4d..
Ditto, Extension,
Ditto ditto, Ne• -" .- • -
Do. North. & Eastern 00 ......
......
5 L. 13s. 4d.... -
0 „, „„ -
.... .... .. ... .... - - - . ..... •••••• -
D 0.44 ...... -
Do, 5
Eastern Union, Class A
1. U. Shares) 25
(late - .
Ditto, Class A, ditto._ 3%
.....
......
New
Ditto, Class B (L &
and B.)
r:ent:.
20 ......
Ditto, Class C, ditto 2O . .... ....._
Do. Scrip (6 percent.) 20 .••••• • 171, 3,
- /...2 ,4 ••• •• .....
Ditto (C. & E.) guar.
5 per cent............. 2% ..„ „• ...... ........
East Lancashire
Ditto, New
... Ditto, New Quarters 614 ..•
•••
- ......
"-'••
De., 6 per Cent. Pre-
ference Quarters
26.., 14' __ _
... ...........
0,, , ~i.
East liirynoceoolmanv..isid,b.N.4i.r.oeD.r.to.hr.ce.rnhB 1.262555:2.8d........ _
...........................
.......
'i*, xi --°'4)401/4
Edinburgh and Glasgow 50
.......
Ditto, Half Shares - • • - ...........
:Ditto, Newport - ....
dxient
Carlislebe ru .... . . ..
Glasgow, Dumfries, and - ---
Glasgovr,Kilmar., & Ayr 50 - ...............
Do. Preference Consol. - - ...... • ••• 8
Grett Northern
Do.', :I:+2 A. Deferred ... 12%...... 4%
Do., % B 6 per Cent. _...
guaranteed ... ..... 6 % .„. -
--
Do. Extension 2%....•• -
Great South. and West. 9.61,,;
(Ireland)
Groat North of England.loo 238 ............... -__
Ditto, Now, 401
Ditto, ditto
Ditto, New, 30/
Ditto. New, 151
Great Western 100 ...... 911/2.. .. . ........
Ditto, lii Shares

911 S
4