The Sun.
London, England, 1849-01-11 00:00:00

iVIONEY and COMMERCIAL NEWS
CITY, QUARTER TO THREE.
The Cotton Market at Liverpool yesterday was rather
duller, owing to the larger quantity offering. Sales
5,000 bales, including 3,500 bales of American at 3/d.
to 5/d. per lb.—The Railway Share Market was rather
dull.

Complaints are made of the statement of a morning
journal that the Mexican Mining Company's shares
were selling at ss. each, when in fact they rule at 3i
to 41. This company had paid off its borrowed capital,
and divided since 1840 a sum equal to 10s. per share
per annum, a dividend of 7s. 6d. per share being now
advertised.
We find that there is some curiosity expressed to
learn the exact position of the Chancellor of the Exche-
quer in respect to his last loan. From appearances, it
is contended even to this (Lite that the whole of the two
millions of stock has been sold in a way not to be brought
at any time into the weekly statement of the
Bank-of England, and although it is impossible to give
a confident opinion upon the subject, it may be fair to
presume that the money would be paid away as soon, or
almost as soon, as obteined, the deficiency in the in•
come for the year, ending 10th October, being over
1,700,000/.
The arrival of the ship Windsor from the Cape of
Good Hope puts us in possession of dates to Nov. 16.
The colony was quiet, and neither Kafirs nor Boers were
disposed to cause further disturbance. How long this
may continue it is not in our power to say, but appear-
ances are deemed highly favourable. The people of the
Cape are not at all disposed to encourage the introduc-
tion of convict servants, although they stand much
in need of hands, the labourers of the colony being
described as only half civilized, consisting principally of
Hottentots, and therefore peculiarly liable to contami-
nation. The inhabitants of the eastern province ap-
peared to desire a governor and council for themselves,
but not a separation from the older colony.
There is a further rise in the duty upon foreign
Wheat, the amount now being 10s. per quarter.
Some account of the present state of the iron trade,
with a glance at its past condition, is given in a state-
ment furnished to us by Mr. William Short:-
" Iron.-The year opened;with a considerable demand
for English iron of all descriptions, and with every
reason to expect a continuation thereof ; but the dis-
astrous effects of the French Revolution de-
stroyed these anticipations, and brought business
to a pause. The price of bars, which was
71. per ton, free on board, in Wales, in January,
remained nominally at that figure until May, when the
price was called at 61. ss. to 61. 10s.; in June business
was done at 5/. 15s. per ton, but with a comparatively
small amount of business, the price gradually
declined therefrom, touching its lowest point it
the beginning of December, when some parcels were
sold so low as 41. 10s. and 4/. 12s. 6d. per ton.
Since then the demand for, this article has much in-
creased; a considerable business has been done at 51.
and 5/. ss. per ton, and with the improved prospects of
the general trade of the country, ironmasters are now
firm at 5/. ss. per ton."
The accounts received to-day from Wolverhampton
respecting the orders for iron received by the trade, are
very satisfactory, and promise good employment.
Mr. Carden, the stock-broker, has been elected
Alderman.
The Stock Market is exceedimgly quiet, but firm.
Consols realised 89* New Three-and-a. Quarter per
Cents. are 891- to 90. Bank Stock is 190 to 191. Ex-
chequer-bills (June) are 435. to 465. premium. Neither
the real nor speculative dealings have been of any im-
portance.
The Foreign Securities have been steady. Mexican
Bonds are 254 to 25k, Grenada maintain the rise to 161,
and Peruvian are 482. Spanish Three per Cents. 271.
Portuguese Four per Cents, about 252 to 262. Dutch
Two-and-a-Huff per Cents. are 481 to 49.
Railway Shares are generally at about previous rates.
Brighton and North Stafford are rather better, and also
Great Northern. Eastern Counties are flat.
L 4
via F KITTS El FUNDS, O'CLOCK.
Bank Stock
tn Cent. Reduced A'cns 89%1A
3 p Cent. Consols Annuities 89% 1
Srew 314 per Cent. Ann 5........ B9'N;34 90
L.enc Aims. to expire Jan. 1860
Oct. 10, 1859 ..... 8 9-16 Ili
Ditto 30 years, Jan. 5, 1860 8 7-16
ndia Bonds, 1,0004
Consols for Account 8914%
Exchequer Bills. 250. & 21
1,0114)1. March ... 43 p
5001. March
5001. June
Small. June
03TE
O'CLOCK.
Buenos Ayres Bonds, 6 per Cent 2534
Equador Bonds
Grenada Bonds, 1 per Cent.
Ditto Deferred
Guatemala Bonds 27
Mexican, 5 per Cent. 1846
Ditto, Account . 251 1A
Peruvian Bonds, 6 per Cents 431
Spanish 5 per Cent. 1840
Ditto, Account I4IA
Ditto, 3 per Cent
Ditto, Passive
Ditto, Deferred , -
Ditto, Account
Venezuela Bonds, 2,7 i per Cent... -
Dividends on the above payable in London.
Belgian 45,4 per Cent
Dutch 2% per Cent., 12 Guild 48% 49 49
Ditto, 4 per Cent. Certificates 76 76
PRICES OF PAID. BUSINESS DONE CLOSING
RAILWAY SHARES. AT ONE O'CLOCK. PRICES,
Aberdeen
Amber. Nott., Boston,
and Eastern Junction -
Ayrshire and Galloway.. 7% -
Belfast & County Down 20% -

CLUSING
PRICES.
1891/Q
1'59 LAI
89
90

83/4
81,
8 7-16
44 p
89%

PRICES OF FOREIGN FUNDS.

CLOSIN(
PRICES.
253/4
3
164,
29

9 6
27 M xd
20

•
Birmingham and Ox-
ford Junct., calls duly
paid, or with a guaran. 20
Do, withoutguarantee 20 •
Birming, Wolverh'ton,
and Dudley, calls duly
pd, or with guarantee 10 ..... 15
Do. without guarantee 10
Birming.,Wolverh'pton,
and Stour Valley 131. 145... •••
Birkenhead, Lancashire,
and Cheshire June— 10
Boston, Stamfd & Birm. 5 ...
Bristol and Exeter 9O
Ditto, Thirds
Buckinghamshire... 141. 4s
Caledonian
Ditto, Half Shares .. 834..,.. 1%
Do. New 101. Pr0f..... 8%14
Ditto,ClydesdaleJunc 50
Chester 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.
Direct London & Ports-
mouth
Dublin and Belfast June. 35
Dundalk & Enniskillen 22%
East Anglia, 251., L. &
E. and L. and D...... 25 ...... 4%
Do., 18/., E. & 18
Do., 31.105.
Eastern Counties 2O ...... 11% 5,8 ll%
Do. New Guaranteed
6 per Cent. ...... 10
Ditto, Extension, 5 per
Cent., No. 1 61. 13s. 4d.... p
Ditto ditto, No. 2...61. 13s. 4d... p
Do. North. & Eastern 50
Do., 5 per cent.
Do. Quarters
Do. New 34 —
Eastern Union, Class A
(late E. U. Shares) 25
Ditto, Class A, ditto... 3% —
Ditto, Class B (L &
and B.) 22% —
Ditto, Class C, ditto... 20 .
Do. Scrip (6 per cent.) 20
Ditto (C. & E.) guar.
5 per ......
East Lancashire
Ditto, New ... 21 ...... 15 ..••••
Ditto, New Quarters 614 —

Do., 6 per Cent. Pre-
ference Quarters ... 614......
East Lincolnshire ...... 25
Edinburgh and Glasgow 50 ......
Ditto, Half Shares ... 20 .. .. ...
Edinburgh and Northern 25
Ditto, Newport
Exeter,Yeovil, & Dorch. 2i8......
Glugow, Dumfries, and
Carlisle ....... ... ..8 /. 6s. 8d.... .... ........
Glasgow,Silmar., & Ayr 50 ......
Do. Preference Consol.
Great Northerki .........19
Do., % A Deferred... 12%. 4% 4%
Do., % B 6 per Cent.
guaranteed ... ..... 6%,..... 4% 414
Do. Extension 2% ......
;reat South. and West.
(Ireland)
treat North of England.loo ...... _
Ditto, New, 401 4O
Ditto, ditto
Ditto, New, 301 3O
Ditto. New, 151 l4 .. .. 32%.........
Great Western 100
Ditto, 1,4 Shares
Ditto, 14 Shares
Ditto, Fifths
Ditto, New 171........ 15 ...
Huddersfield and Manch. 30 -
Ditto, Thirds ....... 10
Gull and Selby .....„• 50
Ditto, Half Shares ... 25 ••••••
Ditto, 14 Shares
Lancaster and Carlisle... 50 ...... -
Ditto, Thirds
Lancashire & Yorkshire 93
Ditto, ditto
Ditto, 14 Shares
Do. Quarter Shares... 17% — ••
Do. Fifths...
Do. Sixteenths 61,4 —
Do. Thirds (Reg.) l3 .....

Do. New, Gila. 6-. Per ct.
Do. Liverp. and Bury 43 —
Ditto 1A (late Hud-
dersfield and Shelf.) 43

Do.(Wakefield,Ponte-
tract, and Goole) ... 50 ......
Do. (W. Riding Union) 7 ..... ... ••• --
Do. (Preston & Wyre) 25
D 0.% Shares (A)... 9%......
Leeds and Bradford
_ _

Leeds, Dewsbury, &c 50 . .....
Do., Half Shares
Do., (blue) Scrip...... 2%.....
Leeds and Thirsk ...... 50
23 ... ........... 23
Ditto, New ...... ....... 40
Do., Prefer., 6 per CL 3iii
Liverpool, Crosby and
Southport . 3ll — ... --