The Sun.
London, England, 1847-07-22 00:00:00

MONEY and COMMERCIAL NEWS.
CITY, QUAR7'ER TO THREE.
The Cotton Market at Liverpool yesterday was rather
dull, but firm, except for long staple. Sales, 4,000 bales.
Prices since Friday were /d. per lb. lower for American,
but steady for Egyptian and Brazilian. Shares were
generally heavy, with very moderate transactions.
The Share Market was firm yesterday, without
much change in the quotations. The following are a
few of the principal ssales of Railway Shares by Messrs.
Dimond and Co.:—
North British, Extension £0 15 6
Ceylon ...
Leicester & Bedford, Exchange Certificate 014 0
South-Eastern and Dover, No. 4, ex int 5 17 0
North British, Thirds
Eastern Counties, York Extension 6 13 0
Liverp. Manch. and Newcastle-upon-Tyne 0 17 6
South Yorkshire, Doncaster, and Goole 1 19 00
Great Northern
Reading, Guildford, and Reigate, ex int 5 12 6
Newcastle and Berwick, New 9 15 0
North Staffordshire
East Indian
Ambergate, Nottingham, and Boston 1 7 6
Northern Counties Union
West Riding Union
Manchester, Buxton, and Matlock 1 14 6
The approaching dissolution of Parliament has the
usual effect in rendering matters dull in the City, elec-
tioneering being most attended to. The contest here,
considering how slight is the difference of opinion on all
that concerns our fiscal policy, is more severe than was
anticipated, especially seeing the comparative harmony
that has of late prevailed in Parliament. The condi•
tion of the revenue does not afford much present hope
of further reduction in taxation, or modification of duties,
though the growing strength of free-trade principles will
doubtless again afford, ere the lapse of many sessions,
the pleasing opportunity of a further revision of the
tariff, desirable in few respects more than in the article
of tea. The trade with China can never be adquately
developed until we are in a position to receive in ex-
change for our goods a larger amount of that article
which the Celestials have the power of supplying, nor
does it appear so far that the opening of the ports has
realised the anticipations formed, and as is generally
inferred, in a great measure on this account.
The sales of Grain in the provincial markets continue
very limited. Last week the quantity of Wheat disposed
of was but 31,907 quarters.
The Fluids have been flat again this morning, with a
very limited business doing. Consols have been 88/
for present transfer, and 88,,i for account. The New
Three-and-a- Quarter per Cents. have been quoted 901
rtnrl the Three per Ct nts. 88i to 89. Bank Mock is less
hrm, at 1901 V./ v ,r,.h.pwe.hills have been Bs. to
ifs. premium.
The Foreign Securities have attracted more attention,
and there has been some speculation in Spanish Bonds,
at rather improved rates, viz., 211 for the Five per
Cents., and 3 for the Three per Cents. Brazil Stock
has been quoted 841 ; Equador Bonds were 34 ; and
Grenada, 191 to 20. Mexican are rather firmer at
191. There have been no bargains in Peruvian,
although the meeting of bondholders takes place
to-morrow, in consequence of the information re-
ceived from Lima that the propositions sent over
by the committee of bondholders for an arrangement of
the debt, and payment of the interest, from the pro-
ceeds of the guano contract, have not been accepted by
the Government, but that an invitation is sent to depute
an English commissioner to pruceed to Peru, to confer
upon the terms of an arrangement.
The value of Russian Stock is 112, and of Dutch
Two-and-a-Half per Cents. 57/.
Shares are flat, but sales are not pressed.
BRITISH FUNDS THIS DAY AT ONE O'CLOCK.
(From the Official List.)

Bank Stock • . .. 196% 197%
Three per Cent. Reduced Annuities .. 89 88%
Three per Cent. Consols Annuities • • .. 88% %
New Three-and-a-Quarter per Cent. Anns. 90% %
Long Annuities, Expire Jan. 5, 1860 •. 9 1-16 %
Consols kor Opening, Aug. 26 • • .. 88% 7A
Exchequer Bills. I%d. 2d.
1,0001. • • .. .. • • 811 p
Ditto, Small • • 12 8 p
5001. .. •... 16 11P
PhICES OF FOREIGN FUNDS AT ONE O'CLOCK.
Brazilian Bonds, 5 per Cent • • • • 84%
Ditto, New Bonds, 1829 and 1839 84
Ditto, Small .. .. • • • • • • 83
Equador Bonds .. . 314 %
Granada, 1 per Cent. •• •• • • 19% 20
Ditto, Deferred .. • • • • • • 3%%
Mexican, 1846, 5 per Cent • • • • 19%
Ditto, for the Account .. • • 19%
Russian Bonds, 5 per Cent .. 112
Spanish Bonds, 5 per Cont. • • • •
Ditto, for the Account .. 21%%
Ditts. Three per Cent .. ..
Ditto, for the Account • • .. 31%
Venezuela Bonds, 2 per Cent .. 38% 39% 39
Ditto, Deferred .. .. • . .. 12
Dividends on the above payable in London.
Dutch Two-and-a-Half per Cents. 57%