The Sun.
London, England, 1847-05-27 00:00:00

MONEY and COMMERCIAL NEWS

CITY, QUARTER TO THREE.
The Cotton Market at Liverpool yesterday was again
advancing. Sales, 8,000 bales, including 1,200 bales of
American for exportation, and 1,500 on speculation.
The market was very firm. The rise is id. to fd. en
American, compared with Friday last, and *d. per lb.
on Surat. Other sorts were at very full rates. Ameri-
can sold at 61d. to lid. per lb.—ln Railway Shares there
was a further improvement, and a general advance in
prices. The demand for Midland and North Stafford
shares continued good, and also for DJver halves.
The accounts from the provinces, as well as from
abroad, continue highly cheering as respects the weather
and the decline in grain.
A gentleman already favourably known for some sug-
gestions on the improvement of sugar-manufacturing
processes, has just circulated some " Observations on
the present State and future Prospects of the
West Indies," in which it is "remarked that the
mother country is called upon to provide a tempo-
rary substitute for an active middle class, which
under the institutions of slavery the colonies had no op-
portunity of raising for themselves. There comes also
from the colonies a cry for labourers; and Government
may perhaps with benefit 'give facilities their judi-
cious introduction; but the promotion of a good menu-
faczuring system on sound principles would, it must be
remembered, set much labour at liberty, which would
at once be applicable to agricultural purposes. May we
not suppose then that the mother country would do well
to encourage in some of the chief islands the intro-
duction of a sound manufacturing system, under
such restrictions as would prevent any encroachments
upon the liberty of the people ? And considering that
the raising a healthy social system in those colonies is
the best measure for securing our power in that portion
of the world, would not our Government be fully justi-
fied in lending pecuniary aid, if it should be required,
for the establishment of railroads and factories?
"We seem as yet little to understand what, in a
commercial point of view, may be the ultimate value
of our West Indian Colonies, possessing, as some of
the islands do, on their mountain sides great diversities
of climate, with soils of surpassing fertility, capable of
rewarding their cultivators with an endless variety of
productions. We are told also that the ruddy glow of
health is found upon the faces of the inhabitants of the
higher portions of Jamaica, who are said to be remark-
able for their longevity."
stctCit-slaiP g looks ohoerful again in the City, and
.-;,,fience of th weather while
the settlement of the account is much more tu ..9.
a rise than many had predicted. Consols have been 87
to 88 for present transfer, and 88i for account. Ex-
chequer-bills have been par to 2s. premium ; and East
India Bonds is. to 2s. premium. The New Three-
and-a- Quarter per Cents. have been 88* to g, and the
Three per Cents. 86& to 4. Bank Stock is worth 1891
to 190:Z-.
There is the same apathy exhibited in respect to deal-
ings in the Foreign Market. Mexican Bonds have been
marked 204 a, being rather higher again. Not a bargain
is reported in Spanish or Portuguese. Dutch Two-
and-a-Half per Cents. have been quoted 58k.
Railway Shares have been advancing, and there is
more demand.

Accounts of April 4, from Bahia state, that shipping
was very scarce. The exchange on London was 29id
BRITISH FUNDS.

ONE CLOSIN 0
O'CLOCK. FRB ES.
Bank Stock .. .. .. .; .• .. •• 189% 190% 190%
Three per Cent. Reduced Annuities .. .. 86%3i 87
f tree per Cent. Consols Annuities .. .. 87% %88 87% 88 88%
Nov Three-and-a-Quarter per Cent. Anus. 88 %% 88%
Long Annuities, Expire Jan. 8, 1860 .. 9 9
Ditto, 30 years, Jan. 5, 1860 .. • • 9% 9%
India Bonds, 1,0001. .. .. .• • • .. 2 p
p p
2
Ditto, under 1,000/. .. .. .. .. 1 2 p
Console for Opening, July 16 .. .• .. 88% %%% 88%
Three per Cent. Consols, Scrip • • • • • 11,E dis
...
Exchequer Bills. I%d.
1,0001... ..
5001. . ..
Ditto, Small

2p par 2p
4p
6 3p

.... •• ••

ONE CLOSINI;
FOREIGN FUNDS. O'CLOCK. PRICES.
Mexican Bonds, 1846, 5 per Cent .. 20%14 204
Portuguese Bonds, 5 per Cent .. ..
Ditto, 4 per Cent .. • • • • 33
Spanish Bonds, 5 per Cent .. ..
Ditto, Three per Cent .. .. ..
Ditto, for the Account .. .. .. —33 X
Dividends on the above payable in Louden.
Dutch Two-and-a-Ralf per Cent .. 58% 581(
Ditto. 4 per Cent. Certificates .. 89Ni, 89%
Ditto, for the Account .• .. .. 89%
BUSINESS
PAID. DONE AT CLOSINGPAID.
ONE O'CLOCK. PRICE'S'

PRICES OF
RAILWAY SHARES.
Amber., Notting., Boston, and
Eastern Junction .. .. • . 2%.... ..........
Birming., Wolver., and Dudley.. 5 ..........
Bristol and Exeter .. .. 75 .... ..
Ditto, New .. .. 10 .... 8 • • „
Caledonian .. .. 35 .... 29% •
Chester and Holyhead 27% .. • • • • .. • •
Eastern Counties . .. 20 .... 19% 183 19%
Do. Perpet., 5 per Cent. No. 1. 61. 13s. 4d. ..........
Ditto, ditto.. .. .. No. 2. 6/. 13s. 4d. % p........
Ditto, York Extension 7% .... 6 ..........
East Lancashire .. .• .. 17 •• •• .. • • ......

Ditto New .. .. •
East Lincolnshire .. .... 77 81,‘ ......
Edinburgh and Glasgow .. .. 50 •• .. 69 ••••.. • • ..
Ely and Huntingdon .. 15 .. ••• . .•
Great Northern 3% .. •• 2%
Great Southern & West. (Ireland) 30 .... 23 ..........
Great North of England . ..100 ....228 ..........
Ditto, New .. .• • • • • 5 •• • • .••
Great Western .. 85 .. 110 ...... .
Ditto. Half shares .. 50 .... 64% .........
Ditto, Fifths .. .. 20 .... 26 ........
Ditto. New 4% .. 8... ...
Ipswich sad Bury St.Edmunds .. 14
Ditto' ditto, and Norwich .. .... 4% • • ........
Leeds and Thirsk • • .. 26 .
Ditto, Preference 6 per Cent. •• 3%....
London, Brighton, & ,outh Coast 50 • • 52% 53 52%..
Ditto; Consol. Eighths - • .. 10 .... 11% ..........
Ditto, Guarant. Five per Cent. 9 .... •• •
London an North-Western •.100 ..173 172 175 173%
Ditto, Fifths .. 2 .... 16% .. • • •
Ditto, 401. Shares M. &B. • • 40 .. •• 65 .... ••• • ..
Ditto, 10/. Shares M. &B. (B) 5 .... 10% ........
London and South-Western 411. 68.10 d... 63 64 ........
Ditto, New .. 27% .........
Ditto, Tenths (Consolidated) . • 50 .• • • •
Ditto, Scrip.. .. • . • • .. 5 .... 4%
Lynn and Ely .. .. 25 .... 26%
Lynn and Dereham .. 20 .... ..........
Manchester and Leeds .. .. • • 82 •• .. • .... .
Ditto, Half Shares .. 38 •• •••• • •
Ditto, Quarter Shares .. 12 .... 14%
Ditto, Fifths 5 • • ........
Ditto, Thirds (Reg.).. 48..... % dls. • .....
Manchester and Southampton .. 2 .... ••••• • •• • •
Midland ..100 ....115 116 115% ..
Ditto, New .. .. 6 .... 8% • •
Ditto, Birmingham and Derby 100 .... ••••• • ••
Do., Consol. Bristol and firm.
six per Cent. .. • • ..100 124 ...... 124
Newcastle and Berwick .. .. 20 .. • . 25% •.. 25%
Ditto, New .. _ 6%3,4
Newmarket and Chesterford .. 10 • • ••• ••
Norfolk .. • • .. —lOO ....126 127 125 •• •• 125
Ditto, New . .. 5 .... 9 •• • • ..... . 9
North British .. .• 25 •- •• • • 30%
Ditto, Quarter Shares • • • • 3 •• • • 4%..••• • • • • • 4%
tto, Extension .. •• • • %•• • • ..
Ditto, Thirds .. • • I .• • • 2% ••••• • • • •• 2%
North Staffordshire .. •. • • 9%7 •••• • • • • 9%
Ditto Scrip (late Churnet and
Blythe) . - .. 2 .... • .
Oxford, Wor'ster, & Wolverhamp. 22% . •• •• 12%
Preston and Wyre.. .• .. 25 .... 35% 36
Ditto, Half Shares (A) .. .. • • 12% .... ••• • • • 12%
Reading, Guildford, and Reigate 5 .• • • 5 .... •• • •
Royston awl Hitch ha • • • • 1% •• • • • • •••• • • • 1%
Scottish Midland. .. .. • • 17% •• • • ••••• • • • • •
Shrewsbury and Birmingham .. 3%.... %•• • •
Ditto, Class B .. • • • • • • 3 • • 2% • • 'll4
South Staffordshire • • • . .. 21. 125... dis.. die.
South Eastern and Dovor .. • • 33%.... 36%34
Do., New (do. 101.) .. No. 4. 5 .... 4%34 • ..... • • 4%
south Wales .. .. 10 .... .. •••• • • •• 71A
West Riding Union •• .. 4/. 28. • ... % dis •••• • • • • ths
York and Newcastle .. .. 25 .... 3554 .. •••• • • • • 35
Ditto, Preference .. .. 4 .... 6% ••••• • • • ••
York and North Midland .. .. 50 .. • • 81% •••••• •• • • 80
Ditto, Extension • • .. .. 25 .... 40!4, -• •••••• • • 401,4
Ditto. Preference •• .• •• 2, 1• ••• --• •'•• • • •
Do. E. and W. Riding Exten•• 10 20 •• •••• •• ••
FOREIGN RAILWAYS.

Central of France (Orleans and
Vierzon) • • • • .. • • •• 12 .. lt%•••••••••• lit%
Dutch Rhenish .. .. .. .. 7 .... • 37( ••.••• • • .• 3%
Lyons and Avignon (Constituted) 5 .... 2% —.•— • ... 2%
Northern an France .. .. .. 8 .... 12 .. •. ••• • •• 12%
Orleans and Bourdeaux .. .. 6 .... 6% • ........ 6 4
Paris and Strasbourg • • • • • • 5 •• • • 1 %•••• •• • • IN
Rouen and Havre . .. e• •• 20 •••• --- ••••••••.. 25%
Sambre end Meuse .. .. .. 14 .... 6% 734...... 7%
-_—_. ---- .____

JOINT-STOCK BANKS.
Union of Australia .. .. •• 25 ••• • ••••• • • • • • 24

MINES.

Real del Mout% Unrezistered 314.......... 3!,1

LLOYD'S SHIPPING-(THIS DAY.)
LONDON, MAY 27.—Wind E., light breeze, and fine
clear, sultry weather.
DEAD, MAY 26.—Wind S.W. to S.S.W.—Arrd.
Blakt.ley, ; Caroline, Valparaiso ; Newport,
Monte Video; Amy, Havannah; Cornucopia, ditto;
Palma, New Orleans. Sld. the greater part of the out-
ward bound.
OFF PLYMOUTII, MAY 26.—Wind S.—Queen, Calcutta.
LIVERPOOL, MAY 26.—Wind W.S.W., light.—Arrd.
Don Juan, Wells, Bahia, sailed Ist ult. ; Auckland,
Philadelphia. Sld. Robert Henderson, Bombay; Anjer,
ditto; Broad Oak, Brazils; Urania, Rio Grande; Fame,
ditto; John Torekiuson, Demerara; Shamrock, Barba-
does ; Arcole, New York; Wolga, St. John's, New
Brunswick; Tamarac. Quebec; Mutual, Montreal; Junes,
Sisters, and Henry, Newfoundland.
LIDIERICK, MAY 25.—Wind S.W.—Arrd. Cumber-
land, Blanchard, New York. Sld. Coquimbo, Boston ;
Charles, Quebec.
BELFAST, MAY 25.—Wind S.W.—Arrd. Swiss Boy,
Perkins, New Orleans ; Coverdale, ditto.
RELATING 'TO A WRECK.
A dispatch has been received at Lloyd's, from the
Admiralty, announcing Lieut. Gardner, Admiralty
Agent, on board the Contract packet Achilles, having,
on the 7th inst., lat. 42. 30. N., long. 9. 35. W., fallen
in with a barque, waterlogged and abandoned, with
mizen-mast, stump of foremast and bowsprit standing,
mainmast gone by the board, name illegible. From ap-
pearances had been a long time abandoned. She was
drifting towards the Corrobeda Rocks, distant seven
leagues.
STATE OF THE WINDBOUND VESSELS OFF
MALAGA, &c.
Malaga, May 17th, 1847.
Sir,—ln allusion to my last of the 14th inst., I have
to inform you that the westerly wind still continues, and
the vessels windbound still lying at anchor on the coast.
The schooner Juno, of Hull, Iledgecock master, and the
brigantine Lucy, James White master, have bore np
for this port literally without provisions, to take them
to Gibraltar or Cadiz, and should an easterly wind spring
up, they are desirous of not stopping in the Straits, as
many will have to do, and perhaps lose their passage •
through. There is a scarcity of provisions at Gibraltar
and Cadiz, as well as all about the south coast of Spain.
A, Spanish revenue steamer came from Cadiz to tow a
Sardinian vessel, loaded with grain, through the Straits
for Cadiz, in consequence of the scarcity there, and to
avoid similar riots to those of Seville and Grenada. The
distress amongst the ships is very great, and at present
little hopes of an easterly wind springing up. The
master of the Juno considers the number of the vessels
anchored on this coast to be about 1,100, all wind-
bound.

(Signed) LLOYD'S AGENT.
W. Dobson, Esq., Secretary, Lloyd's.