The Sun.
London, England, 1847-02-24 00:00:00

S Ny FEBRUARY 24, 1847.

PARLIAMENTARY BUSINESS.

(From the Votes and Proceedings of the House of Commons.)
TUESDAY, FEB. 23.
The following Railway Bills were presented, read a first
time, and ordered to be read a second time :
London and North-Western (Birmingham and Lichfield

Line, &c.)
Birmingham and Oxford Junction (Warwick and Stratford

Birmingham and Oxford Junction (Deviation of Line, &c.)
Birmingham, Wolverhampton, and Dudley (Stourbridge and
West Bromwich).
Midland (Extension of the Nottingham and Lincoln Branch

at Lincoln).
Newmarket and Chesterford (Repeal of Provision authorising
the Company to use the Line of the Eastern Counties
Railway).
Eastern Counties (Lynn and Ely, and Ely and Huntingdon,
and Lynn and Dereham Railway Lease).
Eastern Counties (Maldon, Witham, and Braintree Railway
Purchase).
Eastern Counties (Purchase of the North Woolwich Rail-
way, &c.)
Eastern Counties (Somersham to Ramsey).
Edinburgh, Leitb, and Granton (Leith and Granton Junction).
Manchester, Buxton, Matlock, and Midlands Junction De-
viations. _ _

Ipswich—and Bury St. Edmund's (No. 3—Extension from
Bury St. Edmund's to Thetford).
Waterford, Wexford, Wicklow, and Dublin.

The following Railway Bill was read a second time, com-
mitted, and referred to the Committee of Selection :
South Yorkshire, Doncaster, and Goole (Penistone, &c., and
Purchase of Sheffield, Rotherham, Barnsley, Wakefield,
Huddersfield, and Goole Railway, Dun Navigation, aad
Dearne and Dove Canal).

NOTICES GIVEN AT THE PRIVATE BILL-OFFICE.
The following Railway Bills are appointed to be read a
second time on Monday, March 1:
Colchester, Stour Valley, Sudbury, and Halstead (Extension
from Lavenham to. Bury St. Edmund's).
Eastern Union and Hadleigh Junction (Sale to the Eastern
Union Railway Company).
Colchester Stour Valley, Sudbury, and Halstead (Extension
to Melford, Lavenham, and Clare).
Ipswich and Bury St. Edmund's (Extension to East Dereham
and to Aylsham).
Colchester, Stour Valley, Sudbury, and Halstead (Stour
Navigation Purchase).
Aylsham and North NValsham.
Caledonian (Branches from the Clydesdale Junction to the
Douglas and Lesmahagow Mineral Fields, and to Strath-
avon).
Caledonian (Extension of Motherwell Branch of Clydesdale
Junction Railway to Auchinheath Mineral Field, with
Branches to the Wishaw and Coltness Railway, Cander-
side, and Hamilton).
Caledonian (Purchase or Lease of Wishaw and Coltness

Railway).
Wilsontown, Morningside, and Coltness (Branches to Benhar
Coalworks and Edinburgh and Glasgbw Turnpike Road).
Strathtay and Breadalbane Extension.
Caledonian and Dumbartonshire Junction `(Deviations be-
tween Duntocher Limeworks and Bowling, &c.)

MONEY and COMMERCIAL NEWS'
CITY, QUARTER TO THREE.
The Cotton Market was firmer at Liverpool yesterday, the
sales being 5,000 bales. Shares were rather flat again.
The sale of Railway Shares yesterday, by Messrs. Lamond
and Co., was firmer; and as the Budget has been brought
out, more confidence was displayed; still there was no great
change in prices. The following are a few of the principal
sales
East Indian
Calcutta and St. George's Point 0 4 0
Derby, Stafford, and Worcestershire .... 011 0
Boston. Stamford, and Birmingham 6 18 0
South-Eastern and Dover, No. 4
Manchester and Southampton 1 6 0
Great Northern (London and York Reg.) 2 14 6
Reading, Guildford, and Reigate 4 5 6
Nerthern Counties Union 1 4 5
Buckinghamshire . ... 4 12 0
Shropshire Union and Canal 1 7 0
Eastern Counties, York Extenston ... 412 6
As far as we can learn, the impression produced at Liver-
pool by the financial e.rposi was tolerably favourablo.
The Overland Mail has arrived with letters from the In-
dian Presidencies and China. The political advices are of a
favourable tenour, and there was some activity in the export
market, while money was easier.. In British manufactures
the transactions were not extensive. _

There has been an arrival from the Cape of Good Hope
also, with intelligence to the 19th of December, inclusive,
from the frontier. The Kafir war was fast drawing to a
close, and Sandilla and Umbala, two influential chiefs, had
submitted.

A Quebec contemporary, adverting to the Toronto mer-
chants, remarks that—" The annual report of the Toronto
Board of Trade expresses the views of most of the persons
engaged in trade in Upper Canada. We still think they
ascribe too much influence to the navigation-laws in .pro-
ducing high freights by the River St. Lawrence. The
difference of the rate at New York, Montreal, and
Quebec, at the close of the last season of navigation,
has been considerable. Like every other commodity, freights
are affected by the demand and the quantity in the market.
The difference in favour of New York " generally" is to be
' asicribial.4) these. circumstances, and the costs and risks of
river navigilflon for 4004 500 nuTes; 2141204 as asserted, to
a tax on the produce of Canada by the British Parliament in
favour of British shipping. If the Upper Canada merchants
find it more advantageous to deal with New York,
we can hardly expect that they will give a
preference to the St. Lawrence ; neither do we
blame the people of the United States for their efforts to
bring the trade their own way. They have done a great
deal by their canals and railways to the Great Lakes, and by
their drawback laws. They have canals and railways from
Lake Erie to the Ohio, from Buffalo, and Rochester, and
Oswego to the Hudson, and they now are about making a
railway from Ogdensburgh, at the foot of the ship navigation
of Lake Ontario, to Boston. They still contemplate the
enlargement of the Erie Canal, and forming a railroad to
Detroit to compete with the Canada Gpeat Western Rail-
way ; the effect of all which will be to cut cuff the trade from
the St. Lawrence, unless it is counteracted by facilitating
the communications along the lakes, and ,lie navigation of
the St. Lawrence, to its outlet. 00 of these essential faci-
lities is the diminution of charges and burttiens on the trade
of every description; and there is every reason to believe
that eftbrts equal to those of our neighbours would be suc-
cessful, seeing the natural advantages afforded by the St.
Lawrence."

The Funds opened to-day at an advance to 90% and 91,
but have since receded to 904 % for Consols. Much interest
is felt about the new loan, to be arranged to-morrow. The
New Three-and-a-Quarter per Cents. have been 93%, but
are now 923% to 93. Bank Stock is worth 2031,!. Exchequer
Bills have been 9s. to 13s. premium. There hatkheen some
uncertainty in the movement of the operators.
The Foreign Bonds have been heavy. Spanish Five per
Cents. have been worth 24%, and Portuguese Four per Cents.
34 to 35 ; Dutch Four per Cents. have been marked 9214
to 923%.
There has been an improvement in the Railway Share
market. Blackwell No. 2, are 1% premium. The Extesion
are 514 per share. Manchester and Southampton are dull, at
11,4. North Western have risen to 185 and 187, and Great
Western to 124. The French lines are higher.
BRITISD FUNDS.

ONE
O'CLOCK.
.. •. 203%

CLOSING
PRICES.
203‘i