The Sun.
London, England, 1847-11-16 00:00:00

MONEY and COMMERCIAL NEWS
CITY, QUA: ER 10 THREE.

The Cotton Market at Liverpool yesterday was more
animated. Sales :about 5,000 bales, and American was
about *d per lb. higher. American 44d. to 64d. Rail-
way shares were better, with greater disposition
to buy.
The advices received from the United States by the
steamer are favourable in regard to the condition of the
mercantile community, no failures having occurred ;
but the mistrust excited by the stoppages here was more
marked, and has induced a remittance of bullion, not-
withstanding the balance of trade is in favour of
America. It appears probable that the Money Market
on the other side of the Atlantic will become more
stringent, and that the Treasury will need fresh
supplies of cash to carry on the Mexican war. It would
be most important to Europe, as well as to the United
States, were the contest brought to a close, but of
which, unfortunately, there d oes not appear to be any
immediate prospect. It is stated that " the demand for
foreign exchange for remittance by the Boston steamer
of the Ist proximo has not been as yet very active.
There is so little confidence in bills that many will be
induced to ship specie, even at a loss. We quote bills
on London at 81 to 9 per cent. premium; on Paris,
sf. 224 c. to sf. 20c.; Amsterdam, 40i. to 404; Hamburg,
36 to 36k; Bremen, 79 to 794. The suspension of the
house of Reid, Irving, and Co. caused considerable
anxiety among those interested in the Bank of Charles-
ton, S.C., as it was reported that a large amount of bills
had been protested. The bank has made a statement
to this effect. The total amount of drafts drawn by
them upon Reid, Irving, and Co., since the Ist of July
to the present time, amounts to 1,3341. 14s. 4d., and
tile drafts were all at sight, and for sums from 1/. to 100 L
ith one or two exceptions."
Adverting to the London failures, it is stated that
" the nature of the foreign business of Prime, Ward,
and Co. was such that a very large portion of their
assets was in the hands of parties on the other side, and
their losses there will absorb nearly the whole of them,
leaving liabilities in this country of nearly half a million
or dollars, upon which not more than five or ten cents.
oil the dollar can be paid. This, therefore, is a bad
failure ; but so far the only one here growing out of the
commercial connexion existing between this country and
England."

In Canada the timber trade was very inactive. The
arrivals of shipping at Quebec exhibit a decrease of
105,281 tons, as compared with 1846, to Oct. 26. Flour
at Montreal was dull at 28s. 9d. to 30s. per barrel for
Quebec and the lower ports.
A considerable number of parties connected with the
West India, the East India, and other trades, attended
this morning at the sales announced to take place by
Messrs. Trueman and Cook, who had a considerable
quantity of Coffees and Safflower in this day's cata-
logue, for public competition. Long before the sales
were commenced the room was tolerably crowded, and
th a almost universal topic of conversation was the sus-
pension of yesterday. At one o'clock crowds entered
the sale-room, and the auctioneer mounted into the
ro strum. There was a pause for a few seconds, when
the conditions of sale were referred to, and the bid •
dings for Coffee commenced. Those who came to
he ar if any remarks would be made upon a recent
stuppage, walked out, evidently disappointed, and the
business of the day proceeded in its ordinary course.
The circular issued by Messrs. Trueman and Cook will
e3.plain how the brokerage business for the future is to
hie, conducted.

In the Consol market a much better feeling has pre-
y ailed this morning than was apparent yesterday. For
tl le Account the value commenced at 84 a❑ advance
then took place to 841, and at present 84i is about the
p rice. For immediate Transfer the rate was 83a, and
s.xin after 84i. The other stocks have risen in an equal
proportion. The value of Exchequer-bills is is. pre-
mium to Is. discount. East India Bonds are at 18s. to
225. discount. Bank Stock continues at 188 to 189.

In the Foreign Stock Market the principal transac-
tions have been in Russian, at a fall from 1061 to 106;
in the Old Portuguese Five per Cents. at 78; in Chilian
at a rise from 86 to 88; in Mexican at 15i; and in
the Dolch Two-and-a-Half per Cents. at 54.
The business done in the Railways was not of much
imports nce. Midland Consolidated Preference, North
British, and a few other shares, are up a little.

ONE CLOSINI3
PRICES ICIF BRITISH FUNDS. O'CLOCK. PRICES
Bank Stc,ck
3 per Cent. Reduced Anns.. B2kl/4 83 82%
3 per Cent. Consols Annuities 83% 8414 84
New 31,4 per Cent. Anus 833/4 843/414 ih 84N,
Long Anne. to expire J an. 1860 ... 8%. 81,4
Ditto 30 years, Jan. 5, 1860.... 8 11-16 3/4 8%
India Bends, 1,0001.
Ditto under 1,0001.. . ....
South S ea Stock
Ditto New Annuities
Consols for Account
Exchequer Bills. 3d.

1,01)0/..
5001
Small

ONE CLOSING
PRICES OF FOREIGN FUNDS. O'CLOCK PRICES
Chilian Bonds 6 per Cent B6 88 88
Grenada Bonds, 1 per Cent.
Mexican, 5 per Cent. 1846 15% 153/
Portuguese 5 per Cents. 7B 78
Russian Bonds 1063% 106 10614
_ _.

Venezuela. Bonds, 2 per Cent 36 35
Ditto, Deterred 9 9
Dividends on the above payable in London.
Dutch, 2% per Cent., 12 Guild 5414 54
__.

54
831/2
PRI(' ES+ OF PAID' BUSINESS DONE CLOSING
RAILwAZ SHARES AT ONE O'CLOCK. PRICES
Aberdeen
Amber., Son., Boston,
and Eastern Junction %
Ayrshire etnd Galloway.. 21,4
Belfast & ,County Down 10 — • ••• .......

Ditto, -4-p-er Cent. Certificates

Birmingham and Ox-
ford Junction
Birmingham, Wolver-
hampton, ancpudley 10 ...
Birming.,Wolverh'pton,
and Stour Talley— .. 8
Birkenhead, Lancashire,
and Chesh ire June.... 73/4 .....

Boston Stamfd, & Birm. 5
Bristo;and. Exeter
Ditto, Thirds

Buckinghamshire 10/. 4s.
Caledonian ... 5O . .. 35
Ditto, Halt Shares..... 33A
Ditto, Clyde sdale June 50
Chester and 11 olyhead... 3712 21% 211h2
Ditto, Preference .. 8
Clarence
Do. Ist Claf s, 6 per Ct. 10
Do. 2d Cis! s, 5 per Ct. 10
Do. Goverr Bement Loan,
4 per Cei it. lO
_ ...

Dublin? and.U•elfastJunc. 20
Dundalk & .Enniskillen 15
East Anglia, 251., L. &
E. and L. and D. ...... 25
Do, 181., E. & H.... 18
Do., 3/.10., E. &H. 1
Eastern Cunt ,ties
Ditto, Per2etual, 5 per
Cent, No. 1. 61.13 x. 4d... ..
Ditto ditto., No. 2... 6/. 13s. 4d... % dis
Do., York Extension.. 10 ......
Do., North. & Eastern 50 ..... .49 ......... ..„ 49
Do., Quarters
••• ••
Do., .New - 23
---
Eastern link) a 5O .. ••• . ...
_....4_,
.. ...
Ditto, Qua :ter Shares 12% —
Ditto, Thirds ... l3s. 4d
Do., (gnat . 6 percent) ...... ...
East Lancashire
Ditto, New
Ditto, New Quarters 334
East Lincolnshire
Edinburgh and Glasgow 50 ...„. 47
Ditto Holt Shares ... 15
Ditto, goal:ter Shares 121/2 ...... .... ........
Edinburgh 47. Northern.. 20
••• .
Ditto, N ail-
Ditto, Now; ..... ... 7 ......
Ditto, ditto, New . .... I %
Exeter, Yeovil ,& Dorch. 2%
Ditto, New .
Glasgow, Duo ifries, and
Carlisle ....., 81.65. 8d
Glasgow, Ki It aar.,& Ayr 50 —
Ditto, New
Do. Prefere; ace Consol. 121/2--
Great Nortkei in 8
Do., Long lo a and York 21/i.....
Great Sout. a.. and West.
(Ireland)
Great Nort. ac f Englancl..loo 220 2201/2 2201/2
Ditto, N4ra 401 5
Ditto, New 301. 30
Ditto, NEva 15/. .. ... ..'.; . -14 —- - _-.
Great Wes to in. B5 ...... • 99
Ditto, .4 ,hares .. 50 - ' PBl/4 - 58%
Ditto, % :Shares ••••••• 1-5-;••••" " . 16%
Ditto, k' lit/as • - - •.... -.
. 7%
Ditto, N rat 17/.. .... .... .7 ' . '''' .... .....
--
Rudderslii Li& Aldnches. 22
Ditto,ltirds 7
'1
Hull and' la by...„ 5O ,• ... 9A
~.. . -••••
Ditto, 11 .z:lf Shares...: 25 • -77 -0 • . , _
Ditto, % S..o.ares .. ... ...1214:4;,,...f..77.-,;0-•!"?... . •,' 7
Ipswich & I in ry St. Edna. 15 .... .
111)
Do., do., an .d Norwich 15
D0.,d0., E: (tens-Scrip
.
DI (late 'Jay rib. & FAY) 21A ..... • 1% 11,4
• •••
Lancaster an dCarcialo••• 50
—.•••....-.• •• •e --7
Ditto, T lin its..:. .. 10 .
Lancashb. e & Yorks,hire
.
Ditto, (Litt o .. .... B2 ..•
Ditto -1.. 1 ,hares. . ... 38
Do. gill Art er Shares... 14%
Do. Filtin , • 6% - .... 64 • 6 6
Do. Sixte cnth4- `'6`% -
••!'• '
Do. Thrri is (1{eg.)....10445• ... -- ~..... ... . .....
Do. Liven p. and Bury 34 •. — .......
...... —
Ditto 14 (late Hutt- •,,
.- . , .
der.ilial 4 and Sheir.) 33 ......„ .....
Do.(Wali efield, Ponta- • -
.. . .
tri wt. a : Goole
Do. (W.l •tiding Union) 4/. 25........... _ 23/4 dii 2% dis
Do. (I)rt .stop & Wyre) 25 : •.. —U

L 10.1 / Shares (A) 9 -

I fat .0 ditto (B)
Leeds , ,snd Bradford 5O -
Leic€ Weer and Bedford... 161.