The Sun.
London, England, 1847-04-29 00:00:00

RSDAY EVENING, APRIL 29, 1847.

The Echo d'Agriculture states that a remarkable
decline has taken place in the prices of food in all
the markets in neighbourhood of the capital.
The Three per Cents. closed on the Paris Bourse, on
Tuesday, at 78f. sc. ; the Five per Cents., 115 f. 90c. ;
the Orleans Railroad Shares, 1,235 E ; Rotten, 928 f. 75c. ;
Havre, 6731. 75c. ; Great Northern,623f. 75c. ; Avignon,772f.
50c. ; Vierzan, 585 f.; Bordeaux, 517 f. 50c. ; Basle, 1921.
50e. ; Dieppe, 3201. ; Paris and Strasburg, 430 f. ; Tours and
Nantes, 421 f. 25c. ; Paris and Lyons, 432 f. 50c. ; Lyons
and Avignon, 445 E; Spanish Three per Cents., 3514.
MARSEILLES, APRIL 23.—Marseilles and Avignon, 776 f.
25c. ; Northern, 623 f. 75c.
BUSINESS DONE IN FOREIGN RAILWAYS AT THE
LONDON STOCK EXCHANGE, APRIL 28.
Bordeaux, Toulouse, and Cette (Constituted), 13/4 —De-
merara, 255—East Indian, 14—Italian and Austrian, 13/4—
Northern of France, 12 B—Paris and Lyons, s%—Tours and
Nantes, 1%.

ONE
Bank Stock .. •. •• •• • O'CLOCK.
• •• 189
Three per Cent. Reduced Annuities 85%%%
Three per Cent. Consols Annuities 86%
New Three-and-a-Quarter per Cent. Anna. 87%
Long Annuities, Expire Jan. 5, 1860 .. 8 15-16 9
India Stock .. . .• •• • .. 244
India Bonds, 1,0001. •• .•
Ditto, under 1,0001. .. • • ..
Bank Stock for May 27 ..
Consols for May 27 .. .. • • •• 86% %
Three per Cent, Consols, Scrip .. • • . 2, dis
Exchequer Bills. INd. 2d
1,0001...
5001.
Ditto. Small

CLOSING
PRICES.

7 2 dig
5 1 dig

ONE
O'C t.OOK.

FOREIGN FUNDS.
Equador Bonds .. _
Portuguese Four per Cent
Ditto, for the Account
Russian Bonds ..
Ditto, for the Account
Spanish Bonds, 5 per Cent
• • ••
Ditto, Passive Bonds .. . • .. 514
Ditto, Three per Cent .. • • .. 34%
Dividends on the above payable in London.
Belgian Four-and-a-Halt per Cent ..
Dutch Two-and-a-Halt per Cent .. 58%
Ditto. I per Cent. Certificates .. 88

• . .. 103

BUSINESS CLOSING
PAID. DONE AT
ONE O'CLOCK. YltlCl 5.
Aberdeen.. .. • • • • .. 30 .... 24 ... ....
Amber., Notting.. Boston, and
Eastern Junction .• 2% ...• ........ •
Birmingham and Oxford Junction 10
.... 17% •
Buckinghamshire .. • . 61. 45.... 1 %tits..
Caledonian .• .. 30 .... 2314% %
Ditto, Half Shares .. 2
Eastern Counties • • 2O .• ... 181 •19%
Ditto, York Extension 61,4 .... 5
East Lancashire .. ••.. 17 •• . ........
Ditto New .. • • • • . 7%
Ditto, ditt. New Scrip .. ... • 1%.
East Lincolnshire .. • • • • 4 ....
Edinburgh and Glasgow .. .So ..........
Ditto, Quarte4Shares .. 12%..... 17 ......
Great Northern .••• • 3% ...• 2% ...... Great Southern & West. (Ireland) 30 26 ...
..
Great North of England . ..100 .. ••••
.
.. 231 ..
• • .
Great Western . • . 85
.. ...
113
Ditto, Quarter Shares 12% .... 17% 17
Ditto, Fifths
.. • • .. 20 .... 26% 2 ....
5N ....
Ditto, New
.• 7 % .. ....
...
Huddersfield and Manchester .lb .... 16 .....
Leeds and Bradford .. • • .... 83
Leeds, Dewsbury, & Manchester 32% .... 32
Leeds and Thirsk 22% —..••• • • • ..
Ditto, Preference 6 per Cent •• 3% .... 3%
Ditto, consoi. Eighths .. 10 .. •• 11 • • 10%
London an North-Western ••i 00 .... 172 1n—.... . 171
Ditto, Quarters L. and B. '1 .... 22% ...• 22%
Ditto ditto, New Shares .. 2 .... 11% % • ..... 11%
Ditto, Fifths .. • • .. 2 ...... • • 16
Ditto, 101. Shares M. & 11. (B) 5 .... 10%.....• ..
10%
Ditto, 10/. Shares M. &B. (C) 1 .. •• 5% ...... •• • • 5%
London and South• Western .• 4I L Gs. 10d... 63
Ditto, New .. .• 27%.... 29% 29111
Lynn and Ely 2O ...... 21%
Manchester and Leeds .. .. •. 82 ....101 . ...... 101
Ditto, Thirds (Beg.).. .. • • 71. 45..... p.• • • % p
Manchester, Buxton, & Matlock 425..... 34 % dis.• •.• % dis.
Manchester and Southampton .. 2
.... .....
Midland .. •• .. ..100 —.114 115 114— 114
Ditto, New .. 2 .... 4% 4% .. 4%
Newcastle and Berwick .. •• 20 .. 24% 25 24% 25% 25%
Ditto, New .. .• • • 5 .... 7 • • 7
Norfolk .. .. • . • • .. 100 .... .• ••.•• • • • 124
Ditto, Extension
Ditto, ditto, Waveney Valley.. 2••• • 1% .......... 1%
North British .• .. • • 25 •
.• • • 31 .. •• • • 31
Ditto, Half Shares .. .. • • 12% .... 145,,E 14 .....• 14
Ditto, Quarter Shares .. .... 32% ...... • • 2%
Ditto, Thirds .. .• • • • 1 .... 2% .• .... •.. 2%
Northern and Eastera .. 50 .... .
North Staffordshire .. • • •• 5 .... .. • • 6%
North Western .. •.4.. • • 114 if •••• • • • • 1%
Preston and Wyre 25 .... 34% 14 344
Ditto, Half Shares (A) .. 8% 11%
Scottish Central .. • • • 17% • • 23 • •
Shrewsbury and Birmingham • • 3% •• • 3 %•.: • • ;117:.
.. 425.. • •
% dis
Shropshire Union ..
South Staffordshire .. • . .. 21. 123...
South Eastern and Dovor .. • • 33 •- • • .
New (do. 30/.) No. 3. 15 .... 1. . .
14
37% _......... 4
7
South Wales
South Yorkshire, Doncaster, and
Goole .. .. • 1%
West Riding Union .. .. 41.25. • ... t 4 p ........ p
Windsor, Staines, &S. Western.. 425..... %p • • ...... p
York and Newcastle, . 25 33......
Ditto, New.. .. .• .. 10 14 •• • • 14
Ditto, Preference .. .• .. 4 .... 7% 6% .. 6%
....
York and North Midland .. .. 50
.... ...
Ditto, Extension .. 25 ..•„40 39%......,
Ditto, Preference • • .. .. 2 ..... 10%... .. ..
•
FOREIGN RAILWAYS.
BOttiOgne and Amiens .. ... .......
Dutch Rhenish
......7 .... ........
Lyons and Avignon (Constituted) 5 ....2i4 ..
Northern of France • • •• • • 8 ..
........
Orleans and Bourdeaux .. 6 ....
Over Yssel .. 41.35. 4d....
......
Paris and Lyons ..
.. 8 5 % ..............
Sambre and Meuse .. 12 ....
West Flanders .. . 8
JOINT-STOCK BANKS.
London Joint-Stock .. 10

PRICES OF
RAILWAY SILMES.

• 17%
. 1 s dis.
. 23%

2%
12%
6%
3 dis

MLITES.

Real del Monte, Unregistered .. :----..... 334 ..........

LLOYD'S SHIPPING—(THIS DAY.)
LONDON, APRIL 29.—Wind S.W., moderate breeze and
cloudy, with rain and hail at times.
DEAL, APRIL 28.—Wind W.S.W. very strong, with
heavy squalls ; P.M., moderate.—Arrd. Lalla Rookh, Mar-
tin, India ; John Line, Arnold, Madras and Trinidad ;
Whitby, Richardson, Ceylon; Nabob, M'Nulty, Mauritius
Meg Merrilies, Luckee, Cape of Good Hope; Carsar, Evans,
Demerara ; William Alfred, Thomas, Antigua; Lady Sarah
Bayley, Canning, Jamaica.
WATERFORD, APRIL 27.—Arrd. Regulator, Chaddock,
Norfolk, V.
LIVERPOOL, APRIL 28.—The remains of a vessel of about
400 tone, apparently having been burnt, was passed on the
24th inst., lat. 46 N., by the Nautilus steamer, arrived here.
CORK, APRIL 26.—Wind S.W., strong breezes, fresh.—
Arrd. Energy, Crawford, Rio Grande; Marcus, Pearce, New
Orleans; Lady Arabella, Simpson, ditto; Francis, ditto;
Sarah, M'Gilvray, ditto; Guy Thorp, Philadelphia; Flora,
Hard, ditto; John Eddy, New York.
BRISTOL, APRIL 28. Wind W.N.W., strong.— Arrd.
Hope, Hutchings, Trinidad; Randoll, Smith, Barbadoes.
BELFAST, APRIL 27. Wind W., strong gales.—Arrd. Olive,
Auger, New York; Gandola, Warnock, Mauritius; George
Thatcher, Freeman, New York; Puritan, Augsberg, ditto.
PORTLAND, APRIL 27.—The Caroline, of Penzance, was
run on shore in the Bay this morning; crew saved.
CAUTION TO MARINERS.
SHOAL IN THE STRAITS OF SUNDA.
The following has been posted at Lloyds:—
LIVERPOOL, APRIL 26, 1847.—1 have taken the liberty of
sending you, for the benefit of my brother shipmasters, the
exact position of a shoal which was reported to me in Singa-
pore by the Dutch Naval Officers from Batavia.
SHOAL IN THE STRAITS OF SUNDA.—Bearings by Dutch
charts, N. 63 deg. 3/4 W. from the Button ; N. 27 deg. 3jq E.
from the South end of Thwart-the-way; N. 52 deg. E. from
North end of Thwart-the-way; bearings by Horsburg.
From the Shoal, the South part of Jutphin Island, just on
ha
s
2i the most northerly part of Pule Bossy, this shoal
2i fathoms on its shoalest part, and 12 and 18 fathoms
around. The distance from the button is 1i miles.
(Signed) JOHN HLTON,
Of the ship Helens, from Singapore.

MONEY and COMMERCIAL NEWS.

CITY, QUARTER TO THREE.
The Cotton market at Liverpool yesterday was very dull.
Sales 2,500 bales. Prices were 4d. per lb. lower than on
Friday last. American sorts realised 64d. to 714 d. per lb.
In the Share market, on the contrary, there was an evident
improvement. The demand increased with reviving confi-
dence on the part of the holders.
The advices by the remainder of the Overland Mail yid
Southampton, have come to hand, and furnish a few general
items of interest. As the article of Cotton is at all times so
important an element in our commercial weal or woe, the
question of supply should occupy pre-eminent attention,
and we may hope that, beyond every other con-
sideration, attention will be paid to the extended
growth of the article in our Eastern possessions.
In the accounts before us from Ceylon, it is stated
that---" The question which now presents itself is, have we
in Ceylon any soil fitted for the cultivation of Cotton, where
at the same time there is a suitable climate? I believe there
is, and a very large tract too. While at Jaffna, I made an
excursion about 60 miles inland, into that district called the
Wanny, and was much struck with the resemblance which
both the soil and the appearance of the natural vege-
tation bore to the cotton districts of Pernambuco. The
jungle in the Watley is light, labour is abundant
and cheap, and I have no doubt that the Brazilian
plan of cultivation would succeed admirably. Both soil and
climate are favourable, and thanks to Mr. Dyke, there is an
excellent road to the district from Jaffna. If it be the in-
tention of our Government to make an experiment in cotton
• cultivation, the Wanny is the district I would recommend as
being decidedly preferable to any other which I have yet
seen in the island."
It is urged, however, by another local writer that—
" Before speaking of the soil which has been found best
adapted for the growth of cotton, I shall offer a few remarks
on the climate suitable for the production of profitable crops.
About climate Mr. Finnie seems to have some vague idea,
but does not give us any information on the subject; speak-
ing of the cotton countries of the south-west of the United
States, he mentions that the climate is quite tro-
pical during seven months in the year ; but what
different interpretations of this statement would be
made by a Kandian and a Jaffna planter I From
other sources, we know that these seven months is a period
of almost uninterrupted sunshine, or at least of dry weather,
and this is quite the climate which is requisite for the per-
fecting of the cotton-pod. In the cotton districts of Brazil,
the planters can calculate on at least seven or eight months
together without rain, and it is during this period
that the crop is collected. The cotton plant,' says
Kaster—himself a planter—in his work on Brazil,
requires that a great portion of the year should be
dry; for if much rain falls when the pod is open the wool
is -lost : it becomes yellow, decays, and is rendered com-
pletely unfit for use. What is the climate of Coimbatore?
Nearly the same, but perhaps with a little more rain, from
its proximity to the elevated range of the Neilgherries. Now
the question occurs, have we such a climate in any part of
Ceylon? most assuredly we have, but only in the northern
provinces."
Although discounts continue high, there is an improved
feeling in the City, and whether the Legislature affords re-
lief or not, we feel satisfied that the Bank Di-
rectors will, to the full extent of their power,
having acted under the curbing influence of Sir Robert
Peel's Act, and only recently restricting from necessity, not
choice, their advances upon the first and safest bills,
continue every exertion to mitigate the evil of want
of confidence. As regards the Stock Exchange matters
are certainly more promising for the present, and there are
continued purchases by some of the most influential brokers.
It is supposed by many that the Bear accounts were
so extensive on the last account, and so many were
carried on, that it will be impossible for these speculators to
avaid purchasing stock gradually, in order to square
matters by the 27th of May. The hope indulged by
the Bears, however, Is, that the pressure for money
will compel the public to sell stock largely, al-
though we believe ourselves that the annuitants
to a great extent, do not feel the pressure. It falls upon
men in trade, who do not invest largely in stock ; and as to
the banks, private and joint-stock, it is probable that they
have been prudent enough to provide themselves with
funds ere this, where these had to be obtained by sales of
stock. It is known that the London bankers have done so,
and that they have money , but in the uncertain state of
affairs feel naturally reluctant to loan it. Ease this uncer-
tainty, and discounts will soon become easier—prolong it,
and we would not answer for the result !
Consols have been 8614 % for present transfer, and 86%
3/4, at one time rather buyers at the highest rate, for Ac-
count. Exchequer-bills of 5001. have been 3s. to 5a dis-
count. Bank Stock has fallen to 189, and India Stock is
heavy at 244.
Foreign Bonds are quite neglected. Spanish Three per
Cents. have receded to 34%.
In Railway Shares there is very little doing.
BRITISH FUNDS.