The Sun.
London, England, 1849-10-09 00:00:00

MONEY and COMMERCIAL NEWS.

CITY, QUARTER TO THREE.
There was an extraordinary demand for Cotton at
Liverpool yesterday. Prices of American are folly id.
per lb. dearer than on: Friday ; other kinds are 1-6 d.
The sales were estimated at 30,000 bales, 17,000 of
which were taken on speculation, and 1,000 for export,
and include 16,000 American at 44d. to 7d., 6,000 Per-
nam, Maranham, and Bahia at 5,1 d. to 6d., 500
Egyptian at 6id. to *l, and 700 Surat at 41d. to 41d.
per lb.—Railway Shares were dull.
From Trieste we learn that the cholera having ap-
peared there proved a cluck upon business, but this
drawback was nearly removed. Milan accounts of the
28th ult. report a lively demand for silk owing to the
favourable advices from Switzerland, Lyons, and the
Rhine.l Accounts: from Finland state that the impor-
tation of potatoes duty free is to be allowed there until
July next.

The amount of bills drawn here by the floe. East
India Company upon the different Presidencies, between
Sept. 23 and Oct. 6, was 271,9841.
The two meetings upon Foreign Loans, held
yesterday in the London Tavern, at the same
hour, were as the light and shade of the
whole question involved—viz., whether the system is
advantageous or the contrary, to say nothing of the
higher consideration, viz., whether, under particular cir-
cumstances, it may not become iniquitous. At all times,
as we contend, armor© profitable, as well as more
patriotic use of the money could be made at home;
but this is not entirely the question now, for there
is positive evil in view by advancing money to
Austria. The meeting of Mr. Cobden and his party
was most enthusiastic, but unluckily necessity, not
choice, required our attendance at the " most melan-
choly" assemblage of Spanish Bondholders held in the
room immediately below. The " hurrahs" and plaudits
of the one were a fitting set-off to the staid complaints and
poverty-pleas of the other; and, as a bondholder re-
marked, the anti-loan party had only to enter their
meeting to be convinced as well as encouraged to per-
severe. After raising millions to be lent to the callous
and dishonest Government of Spain, it is now with the
greatest difficulty that a few hundreds can be obtained
to send out a special agent, as a last hope, to Madrid;
and opposed as we are to loans, and to national em-
broilment in such a cause, we quite concur in the view
that where millions sterling are involved, the country has
a strong interest, and that Parliament may ultimately
be compelled to take up the matter.
The English Funds have been very quiet, but in the
absence of any change of importance, the market is con-
sidered to be rather better. The French Rentes were
lower at Paris yesterday, and although it is stated that
there wee a prospect of an amicable understanding
between Russia and the Porte, a certain degree of heavi-
ness appeared to be hanging over the market. Probably,
as is the case hero, there may have been recently
rather too much speculatien for time, and when events
do not " come off " sufficiently early a reaction ensues.
With regard to the English market we have everything
in our favour except the Hungarian matter. The crops
hero been abundant, the money market is easy,
the revenue is good, ;and railways are
out of favour, and yet a weight hangs over
Consols. We believe the explanation to be as above
stated, and that ever since July the speculators have
been Bulls in anticipation of the usual effect of the divi-
dends, &c. Consols have been 924 I for Transfer, and
92i for Account. Exchequer -bills have risen to 40s.
and 445., and India Bonds are 795. jremium. Bank
Stock is worth 199.

In the Foreign-Market the transactions have been of
no importance. Spanish Five per Cents. have been
quoted 16k, and Portuguese Four per Cents. are nomi-
nally 29 to 30. Brazil bonds have been marked 83i;
Mexican Stock is 26i'- to 27; and Peruvian Deferred
Bonds have realised 18j- to 19i. Russian Bonds are not
quite so good, being 106. Dutch Two•and-a-Half per
Cents, have been 53k.
Railway shares have been lower again, and there is a
marked indisposition to deal in them.

ONE O'CLOCK.

CLoSIIN G
PRICES.
921 A