The Sun.
London, England, 1847-04-03 00:00:00

MONEY and COMMERCIAL NEWS.

CITY, QUARTER TO THREE.

Thy-re was no Cotton market at Liverpool yesterday.
On the whole, the quotations have been firmer for the
staple this week.
We have no arrivals this msrning.

The Bank of England averages for the week to Satur-•
day last present the following features:—
Notes Issued £24,320,340
Decrease
Rest, Increase
Public deposits increase.
Other deposits decrease 559,304
Seven-day and other Bills decrease 9,990
Other securities increase
Notes
Decrease
Bullion 11,015,583
Decrease
The Bank of England has rather increased its circu-
lation, but to effect this, and also to meet the decline in
the private deposits, we find a material reduction
in the reserve of notes. The further increase in
the other securities indicates that the Bank continued
to discount freely last week, although it is now drawing
in, and seems inclined to afford less accommodation to
the discount houses, and to desire to engross more of
their basiness for its own profit, besides checking specu-
lations for the hoarding of grain. Thus, by merely
lending money to the discount brokers until the 17th
inst., the latter will be compelled so keep themselves
well in funds to repay the Bank. Possibly on the 17th
they may be told that the amount can be loaned again
to them for a further period of two or three weeks, but
it is clear the Bank will not tie itself down. It 'now re-
mains to be seen whether the Bank will discount to the
same extent as usual the bills of private firms.
Better accounts are coming to hand from the manu-
facturing, and of the London districts the demand
both for Foreign and Colonial productions, continues to
be extensive ; the- markets have been freely supplied,
and a disposition to realise at present rates has been
manifested, consequently prices have ruled unevenly.
The deliveries of the necessaries of life, as also cf the
raw material for manufacturing purposes, continue large;
and from the known lightness of stock in the hands of
the wholesale houses, as also in those of the manufac-
turers, we look for this to continue ; and as the ship-
ping season commences a considerable increase may
reasonably be expected. The stock of some of our
principal articles is greatly diminishing—we allude
more particularly to Cochineal and Lac Dye—both of
these are higher in price since our last, and further ad-
vances are looked fur; much, however, will depend upon
the state of the money market, as any increase in the
rate of discount must necessarily tend to prevent a rise
in produce.
From the manufacturing districts the accounts are
rather improving, the orders received from America
have had much to do with this, and as others are known
to be on the way, combined with the more favourable
news received from India and China, and the prospects
of provisions being cheaper, we hope shortly to hear that
trade has altogether much improved. By the overland
mail from India and China, we have dates from China to
the 31st of January, Singapore, February sth, Calcutta
the 10th, Madras the 13th, and Bombay to the 16th:
the commercial news is of a much more cheering charac-
ter than has been the case for some time past; the busi-
ness done in British manufactured goods, both in India
and Chills, has been at improved price:, with a good
demand.

The Funds have been heavy again to•day, but there is
not much business doing. Consols are 88 to 88i. At
the former rate there has been some demand ho+. ever.
Exchequer bills have been quoted par to 2s. premium.
The Consols scrip is at Is. discount.
In the Foreign market the business done is limited,
and the quotations have not varied much. Portuguese
Four per Cents. have been 344, and Spanish Three per
Cents. 341 also. Mexican are merely nominal. Dutch
Two-and-a-Half per Cents. are 584.
In railway shares the transactions have been compara-
tively limited, and prices continue heavy.

BRITISH FUNDS. ONE CLOSING
O'CLOCK. PRICES.
Three per Cent. Consols Annuities .. 88S 8814
Now Three-and-a-Quarter per Cent. Anns. ex diT 88%
Long Annuities, Expire Jan. 5, 1860 ..
Ditto, 30 years, Jan. 5, 1860 9% 9%
India Bonds, 1,000/. .. 1 p 1 p
Ditto, under 1,0001. .. 3 die 2 p 2 p
Bank Stock for Arra 14 .. 205 ►4
',:onsols for Account .. 88% 88

Three per Cent. Consols, Scrip .. 1 dls dis
Exchequer Bills. I%d. 2d.
1,0001... .. .... par 2p 2 p
5001. -.— .... par 2 p 2 p
Ditto, Small 2 p 1 p 1 p
ONE CLOSING
FOREIGN FUNDS. O'CLOCK. PEICES.
Chilian Bonds, G per Cent .. .
Ditto, Deferred .. 52
Danish, 3 per Cent -. •. • • •• 86% 87 ex div 86%
Portuguese Four per Cent 3414 34%
Russian Bonds 110% 110%
klpanish Bonds, 5 per Cent 22%
Ditto, Passive Bonds .. 4%
Ditto, Three per Cent .. 34% 34k
Dividend' on the above payable in London.
Dutch Two-and-a-lialt per Cent .. 58% 54%
Ditto. 4 per Cent. Certificates ..90% 91 90% ox div 90%
PRICES OF BUSINESSCLOSLNO
RAILWAY SHARES. PAID. DONE AT PRICES.
ONE O'CLOCK.
Am'er., Notting., Boston, and
Eastern Junction . .. • • 2% .......... 21A
Blrminghain and Oxford Junction 5 .... 13% .......... 13%
Bristol and ',meter • . 75 .... 743¢ ex div.... 7434
Buckinghamshire ..61.45..... par .......... par
Caledonian .. 30 .. 26 %••.... • • .. 26 IA

Ditto, Half Shafts .. 2Yi ..... 24
Dublin and Belfast Junction .. .......... 2,4
Eastern Counties .......20_ 194 19 ...... 19

Ditto, York Extension .. ..
East Lancashire .. .. • . ..

51,4 .... 4iir4 . .

Ditto, ditty New Scrip .. la .. • • ••••• • • • • • 2%
East Lincolnshire 4 .. • - a•• ••• • • •

1- s,
Edinburgh and Perth .. .. • • 2 .... 3h /i iii •••• • • . _
34
Ditto, Extension .. .. .. los. .... I% % .... • ... 1%
Great Northern .. .. .. .. 334 ...• •.••• • •• • • ”ii
Great Western .. .. .. .. 85 .... .. •• • • .... 115

Ditto, Halt .hares .. 50 .... ••.. • • . 68%
Ditto, Quarter Shares .. .. 12 y, .. . . 17N .......• 171
Ditto, New .• 4%...• .......... 71
Hull and Selby .. .. • • 50 ....102 102
Lancaster and Carlisle .. 50 .... 62%• •••62%
Ditto, New
Leeds an Bradford •• .. 35 .... 79 •• 76%
Leicester and Bedford .. 16s. ••.. • ..... M dis.
Leeds and Thirsk •• 22k ••• .. •... 20%

Ditto, New
Liverp., Dlauch., & Newc. Junct.

9 • .
•• ..
1%
_
2}4...*: - •

London and Blackwell

161. 13s. 4d.

London, Brighton, and S Coast.. 50 521 A, • ........ 52
London an North-Western ..100 ....177 176 .• •• •• 176
Ditto, Quarters . 2 .... • • ....
att.° ditto, New Shares • • .. 2 .... 12% • • 12%
Ditto, 401. Shares M. &B. .. 40 .... •• .. 691 A
London and South• Western •• 41/. 6s. 10d.. • •••• .. • .. 63y,
Ditto, Tenths (Consolidated) .. 50 .. • • ...... 53%
Ditto, Scrip.. •• • • .. 5 .... 4% 5........ 5
Ditto, ditto .. • • .. .. • • 4 .... ...... 4
Lynn and Ely .. .. 20 .... 21% • • ........ 21%
Manchester and Leeds.• .. • • 82 ..........

Ditto, Fifths ..... 10
Ditto 3C (lute 11 ucl icrs. & Sheff.) 23 —261 A
Manchester and Southampton .. 2 .... 1144.• •• • .... 1%
Midland ..100 ....11434 115 .... 116
Ditto, New 30 .• 33% .. ••.. •• . 33%
Ditto, New .. .. 2 •• • • 4% %••• • • • 4%
Newcastle and Berwick .. .. 20 .. • . 27% x tut •• • • 27
Ditto, New .. • • • • • • 5 ••• • ••••• • • • • • 8%
Norfolk .. • . ..100 •• .. 13.5 ••• • .. 136
Northern Counties Union 234 •• • • %•• •••• • • • •
North British .. .. • • •• 25 •• ' • 32h....... " • 32%
Ditto, Half Shares .. • • 1234 •• • • 15% • • •••• • .•
.f Ditto, Quarter Shares • • .. 2'A •• • • 3% ••••• • • • • • 4
Ditto, Extension .. • • • • %•• • • 1% ••••• • • • •• 114
North Staffordshire 5 • •
Oxford,Worcest.,& Wolverhmptn. 22!.4
Portsmouth loiroct • • • • • • 3% ••• • ..........334
Preston and Wyre .. • . 25 .......
Reading, Guildford, and Reigate 5 .... ~........ 643%
Scottish :Midland :1734 2034
Shrewsbury and Birmingham .. 354 .... 454..
Shrewsbury and Hereford .. • • 2 .... ......
South Eastern and Dovor .. • • 3314 .• • . 36U xti
Do., New (do. 151.) .. No. 4. 3% .
South Wales .. •10 7
West .. ..41.25..... • . ..... 1% P
Vale of Neath
York and Newcastle .. 2i ....
Ditto, New.. .. 10 15 .......... 14%
Ditto, Preference .. .. 4 .... 73i• . • ... . . . 734
York amd North Midland .. 50 .....

Ditto, Extension .. .. .. 20 .... • • ........ 36%
Ditto, Preference • • .. .. 2 .... 11% •• • • .... • . 11U
Do. E. and W. Riding Exten.• • 10 .• 21% ........ 21%
FOII.EIGN RAILWAYS.

Boulogne and Amiens .. 20 .... 16% •....... 16
Dutch Rhenish • • • • .. 7 .• .. 4 • • .... •• • .
Orleans and Bourdeaux .. 6 .... . • •
Paris and Lyons • • .. ........
Tours and Nantes •• .. 5 1% ••••• • • • •• 2
West Flanders •• • • •• • 8 •• • • 4% ••••• • •• • 4 !•4
JOINT-STOCK BANKS.
Australasia • • • • •• • • • • 40 ••• • 22 ••••• • • • • • 22

London and Westminster .. .. 20 .... . ..... .... 26
MINES.

Real del Monte, Unreeistered .......... 334

LAMB AND FLAG COURT RAGGED SCHOOLS,
CLERBENWELL.—The children attending these day
schools, to the number of near 200, were yesterday
(Good Friday), after a most gratifying examination,
regaled by the committee with hot cross-buns. We un-
derstand that nearly 300 children now attend both day
and Sunday schools.
The General Steam Navigation Company's steam-
ship Wilberforce, W. Phillips, commander, arrived in
the River on Thursday night, with the Hamburgh and
Bremen mails, after a fine passage of 46 hours only from
Hamburgh, left the Princess Royal steamer at Ham-
burgh, loading, for London, to leave this day; passed the
Mountaineer steamer, from Dunkirk, off Borkum on the
31st, at three P.M., and passed the John Bull steamer,
Corbin, with the London mail of the 31st, on the Ist of
April, at 4. 30. A.M., about 30 leagues from Orfordness,
both bound to Hamburgh. _ _

SOUTHAMPTON, APRIL 2.—The Royal West India
Mail Packet Medway, Captain Andrews, left the river
this day at two o'clock P.M., with the Gulf and West
Indian mails, also 600 bottles of quicksilver, value
9,350/., specie 8,500/., and general cargo and 35 pas-
sengers. The Oriental Company's boat Tagus, Cap-
tain Evan's, with the East India and China mails, a full
cargo of bale goods, and about 30 passengers, leaves the
Docks at 3 o'clock P.M., to morrow, for Constantinople,
Malta, Esc.
ENCOURAGEMENT TO EMIGRATION.—ACSTRALIA.—
Extrac:, Sept., 1846 :—" The thing we are in the
greatest want of is labour. We are now giving 35/. a
year for a man and his wife, and 251. a year for shep-
herds, besides rations, which consist of 101 b. of flour,
121 b. of beef, 21b. of sugar, and 41b. tea per week, and a
house to live in, and by no means hard work. We have
a great many working men earning from 30s. to 425.
per week."
PROVISIONS FOR IRELAND.—PORTSMOUTH, APRIL
2.—The anxiety of the Admiralty to get the seed corn
to Ireland is so great, that notwithstanding this being
Good Friday, people are employed in loading her
Majesty's ship Odin, and they hope to fill her, so that
she may put to sea to-morrow. At daylight in the
morning a strong party of men from the Victory are to
be sent to the Avenger, to fill her with the seed corn
which will be at the Clarence yard this evening. The
Avenger goes to the county Galway with her cargo.
The operatives of Hull have established a proprie
tary mill for grinding their own corn, and a similar mill
is to be established at Lincoln.