The Sun.
London, England, 1847-05-19 00:00:00

THR SIIN, LONDON, WEDNRSDAY MORNING, MAY 19, 1847.

MONEY and COMMERCIAL NEWS.
(From The Sus of Last Night.)
The Cotton market at Liverpool yesterday was very firm.
Sales 1,000 bales, of which 1,000 were Atnerkan for export
and 500 on speculation. Prices were %d. to Md. per lb.
higher than on Friday last for American. There were 4,000
bales American sold at 6d. to 74d., 600 Surat at 3."% d. to
4 %d., and 40 Sea Island at 14d. to 17d. In Shares very
little was done, and prices were again lower.
There are no later arrivals from any quarter except Aus-
tralia, whence we have now the wool ships reaching daily
with important additions to our supply. The sales which
have recently concluded have gone off quite as well as could
hive been anticipated, but at a decline, nevertheless, of about
Id. per lb. on the lower qualities, the better descriptions, owing
to the small supply, realising nearly previous rates.
The advices from South Australia to-day are to January
13 inclusive, and they are of a very favourable tenor. The
colony progresses well, and in mining pursuits stands pre-
eminent.

The state of the food markets, and the effect that will
be produced on the exchanges by the imports of
grain when they commence actively, are still sub-
jects of anxious consideration, and respecting this
point opinions are conflicting. Of the ultimate arrival of
abundant supplies of food, and of the recent serious rise being
partly artificial, and produced by speculation, we entertain
no doubt, but unless our manufacturers are liberally aided
in theft business operations by advances of capital, we must
look for a further drain of bullion. There are plenty of
orders from the United States, and as the execution of them
involves no risk, and the payment is certain, the Bank of
England must use every possible effort to favour advances
of money to the manufacturers upon terms which it may be
worth their while to accept. The exportation of goods can
alone check that of gold.

The following is an extract from a letter, dated Dublin,
the 16th inst., and written by an experienced party, who,
we believe. accompanied M. Sayer to that city :—" The use
of the kitchen which we erected I took upon myself to offer
to the South Dublin Relief Committee until the Ist of
November next, when the Act expires, and also my services at
a good remuneration, and should I be called away by Go-
vernment to find a person in my place. I have not only
agreed to make porridge and soup, but bread at 15/2d. per lb.
I shall have to produce every week 150,0001b5. of bread, and
as I find the temporary kitchen which we erected would not
be large enough for ovens, &c., I have got the committee to
take a large place containing stores, &c., well situated, and
having a good house for myself, gardens, and three acres of
ground, a small river running round the place. lam in
hope to begin there on Monday week. I only got pos-
session yesterday. I intend to erect a steam-engine for
the dough and also for the stirabout which we make. I
have now the purchase of all the provisions; our consumption
is at present 4% tons of rice and 4% tons of Indian meal per
week, but in a short time it will be three times that. You
will perhaps not believe it, but they say that the people, al-
though starving, will not eat brown bread, and that all the
rye flour that was here is re-shipped for London."
The Funds have been very flat again to-day, and there
is an idea that even the increased interest upon Exchequer-
bills will not allow of their being kept in circulation, so that
a funding of some portion may possibly be resorted
to. We cannot expect an improvement in stocks
while such an apprehension hangs over the market. Con-
sols have been 86% % for transfer, and 861/2 9 for account.
Exchequer-bills have been marked par to 1 premium. Bank
Stock is steady, at 189 to 190. The New Three-and-a-
Quarter per Cents. have been 86% to 87.
The Foreign Securities have been flat again. Spanish Three
per Cents. have been 33%, and Portuguese Four per Cents.
34% %. Brazil Bonds have been 82. Dutch Two-and-a
Half per Cents. have been 57% to 57%.
Railway Shares are heavy.
BRITISH FUNDS.

ONE CLOSING
O'CLOCK. PRICES.
Bank Stock ..
Three per Cent. Reduced Annuities .. .. 85 4 %%% 854
Three per Cent. Consols Annuities ..
.. 86% 4%% 86%
New Three-and-a-Quarter per Cent. Arms. 87 86% 87 87
Long Annuities, Expire Jan. 5. 1860 .. 98% 8%
Ditto, 30 years, Oct. 10, 1859 .. 8% 8%
Ditto, 30 years, Jan. 5, 1860 .. • • 9% 3-16 9 3-16
India Bonds, 1,0001. .. .. .. .. ..
Ditto, under 1,0001. .. .. •• .. 2 p 2 p
Consols for May 27 .. •• •• • • •• 86% ii % 86%
Exchequer Bills. I%d. 2d.
1,0001._ .. .... 1 p par
5001...
.. _ .. „ 2p 2 dis 2p
Ditto. Small .... 4 p par
ONE
FOREIGN FUNDS. O'CLOCK.
Brazilian Bonds, 5 per Cent .. •• 82
Ditto, Small .• • • • • .. .. 84
Mexican Bonds, 1846, 5 per Cent ..
Ditto, for the Account .. .. ..
Portuguese Bonds, 5 per Cent .. ..
Ditto, Four per Cent • • .. .. 341,4 341,4
Ditto, for the Account .. .. .. 34% 34%
Russian Bonds .. .. .. .. .. 108% 109 109
Spanish Bonds, 5 per Cent .. ..
Ditto, for the Account ..
Ditto, Three per Cent .. .. ..
Ditto, for the Account -• • • •• 33%
Dividends on the above payable in London.
French Rentes, 5 per Cent .. .. 114 f. 50c.
Exchange .. . .. .. .. .. 25f. 80c.
Dutch Two-and-a-Rail per Gent 57%%

CLOSIN
PRIC ES.

20%

22%

114 n 50c.
25f. 80c.
57

PRICES OF BUSINESSCLOSING
AT
RAILWAY SHARES. PAID. DONE
ONE O'CLOCK. PRICES.
Buckinghamshire .. 61.45.... 134 dis... •• • . 1% dis.
Caledonian _3O 233@ ......• 2334
Eastern Counties . 20 .... 18% y„ .... . . . . 183(i
Do. Perpet., 5 per Cent. No. 1.61. I3s. 4d. •• .. 14 p
Ditto, ditto.. .. No. 2. 61. 13s. 4d. p.... .• • par
East Lancashire .. 17 •• •• .• •• •• •• ••
Ditto New 7)4 SA
Ditto, ditto New Scrip .. 1% •• • • 1
East Lincolnshire .. •6% .. •• • • •• •
Edinburgh and Glasgow .. 50 •• .. 67% •• •
Exeter, Yeovil, and Dorchester .. 2% .. 1
Great Northern .. 3%•••• 2%
Do., London & York Extension 2% ....
Great Western .. .. 85 .• .. 109 .. .
Ditto, Half shares .. .. 50 .... 62 63
Ditto, Quarter Shares 123! .... 15%
Ditto. Fifths .. .. 20 .... 24%
Ditto, New 636 7.•
Hull and Selby .. .• 50 •• .. ..........
Ditto, Half Shares .. .. 25 .... 51 ..........
Lancaster and Carlisle .. 50 .... ..........
Ditto. New
Leeds anti Bradford • • •- .. 40 .... ...... .
Leeds and Thirak .. 26 .... ..........
Ditto, Preference 6 per Cent. • • 33( ... 334
London and lilackwaU .. 161. tae. 4d. 7%
London, Brighton, and S Coast • • 50 51
London an c North-Western •• 100 ....170
Ditto, Quarters .. L. and B. 7
Ditto ditto, New Shares •• .. 2 .... 11
Ditto, Fifths .. .. • • • • 2 • • 143 151 •• • •
Ditto, 401. Shares M. &B. • • 40 .. •• 66 65% 66....
Ditto, 101. Shares M. &U. (B) 5 10
718. 245. .•
... ..
1/3
Manchester, Buxton, & Matlock 425. dis
Ditto, 101. Shares M. &B. (C) 1 %
London and South-Western 411. 6s. 10d... 61 ......
Ditto, Tenths (Consolidated) 50 51%
Ditto, Scrip.. .. ......5 .... 4%
Lynn and Ely ........25 26
Ditto, Manchester
Thirds and Leeds
X X dig. % dis
Midland .. •• •• ..100 ....1133{ 11234 ll4
Ditto, New .. •• .. 6.„ 7%
7%
Do., Consol. Bristol and Birm.
Mx per Cent. .. • • • • 100 _• •123 .... ..... 123
Newmarket and Chesterford • • 10 7
Xorth British • • • . • • •• 25 _ 30
14
Ditto, Quarter Shares .. 3 334
Ditto, Extension •• • • • 0%
Northern and Eastern .. .. 50
•54% 5414
North Staffordshire .. • • • • 7% 9
Preston and Wyre.. .. • • 25 _ 35
Reading, Guildford, and Reigate 5 4 z ...... "531
Royston and Hitchin . • • • • 1%
Shrewsbury and Birmingham .. _ 3 _ •
..... 2.34
Ditto, Class B •• •• •• 3 •• • • 1 A ...... • • A,
3hropshire Union •• .- 4 2
South Eastern and Dovor .• • • 33% 35u• ••
• • 35%
New (do. 101.) .. No. 4, 5• 4%
Windsor, Staines, & S. Western.. 425. p
York and Newcastle .. • • •• 25 _
Ditto, New.. .. • • • • . • 10 ... 13%%.....
Ditto, Preference •• • • •• 4 % ••
York sad North Midland •• 50 _
Ditto. Preference • • • • • • 2 9%14:.......
FOREIGN RAILWAYS.
Boulogne and Amiens .. •• •• '2O 15%.....,
Namur and Liege 10••• • •
%
Northern of France .. 3 % ........
Rouen and Havre • .• • •. 20 .... 24%
Sombre and Meuse .• •. .. 14 .... .
Tours and Nantes .- • • • • • . 8 ••.....
JOINT-STOCK BANKS.
British North American •• •50 .... 44
Provincial of Ireland • • • . .. 25 _ 45 44