The Sun.
London, England, 1847-02-11 00:00:00

MONEY and COMMERCIAL NEWS.
(From Ihe Sun of last Night.)

There was not much business done yesterday in the
Cotton Market at Liverpool. Sales, 3,500 bales, at about
previous rates. The Railway Share Maraet was tolerably
firm, but not much was done.

The attention of the Legislature being about to be directed
to the operation of the navigation laws, it may be useful to
glance at the proportion of vessels employed last year in the
New York trade. The total arrivals were 2,293 ships; 1,620
of which were American, 380 British, 67 Bremen, 41
Swedish, 26 Hamburgh, 15 French, 21 Norwegian, `...0
Data, 16 Danish, 16 Portuguese, 12 Prussian, 9 Austrian,
10 Sardinian, 4 Belgian, 3 Russian, 5 Brazilian, 4 Spanish,
the rest being Sicilian, South American, &c.
The arrivals increased greatly compared with former years,
both as regards vessels and passengers, in 1846, and as con-
trasted with 1845 the augmentation in vessels is 249, and in
passengers 32,370. We have not, however, any return before
of the relative increase of British shipping to New York,
though we believe there is no doubt that our ship-
owners have participated in the fuller employment
afforded. There is one rather material point, however, to be
borne in mind, viz., that the American possessed, until
within the last year, air:l still to some extent indeed, much
greater facilities for the ecousalical construction and sailing
of vessels than ourselves, and that it is only
by giving the British shipowner the fullest advantage
of free trade that he can be expected successfully to compete
with his trans-Atlantic rival. Accomplish this, and we shall
probably no longer hear of the anomaly of our lead-
ing merchants being part owners in vessels sail-
ing under the United States' flag, not even excluding
the splendid " liners." There is no reason but our self-im-
posed restrictions why long ere this a complete squadron of
first-class line of packet ships should not have been trading
between England and New York with the cheerful Union
Jack as a successful rival to the gay star spangled banner.
The following will show more clearly, perhaps, the progress
of the arrivals from abroad at New York

1839 1840 1842 1844 1845 1846
Passengers 48,152 62,797 74,949 61,002 82,960 115,230
Vessels..... 2,159 1,953 1,960 2,208 2,044 2,293
The inquiry prayed for by Mr. Ricardo, we feel tolerably
confident, will result in good to the British shipowner, because
it must include not only an examination into the question as
to whether any of the existing protection can be safely
withdrawn, but likewise a consideration of the. burdens
which should in justice be lightened.
There are no arrivals to day beyond the usual continental
mails, and the accounts from Paris are not looked upon as
being quite so favourable, though it is unnecessary to attach
much importance just now to any of the changes of a single
day that may be produced by mere speculation. Facts and
events must gr.ide us now, rather than induced changes or
prophesied evils.
The Funds are flat again this morning, and although there
has not been much business done, the sales have been suffi-
cient to overbalance the purchases. Thus Consols, for
present transfer, have realized 90% 1/2, and for time 90% :Ys.
Exchequer. bills keep steady at 6s. to 9s. premium. Bank
Stock has been firm at 203 to 204.
The indisposition to operate in the Foreign Market has been
very marked again, and except Portuguese Four per Cents.,
which are firm at 35 to 36, the quotations generally are flat.
Spanish Three per Cents. realise 3434, and the Five per
Cents. 24% to A. Mexican Stock was quoted 22 to lA.
Dutch Four per Cents. were 924.
The Railway Share Market has been steady.
BRITISII FUNDS. ONE CLOSING
Bank Stock
O'CLOCK. PRICES.
.. •• • • • • • • 203 204 204
Three per Cent. Reduced Annuities .. 90%14
90%
Three per Cent. Consols Annuities 90%K 90%
New 'Three-and-a-Quarter per Cent. Anna. 92%% 92%
Long Annuities, Expire Jan. 5, 1860 9 9-16
Ditto, 30 years, Oct. 10, 1859 .. 9 9%
Ditto, 30 years, Jan. 5, 1860 .. • • 9 5-16 9 5-16
India Stock . • • • • .. 250 251 25
India Bonds, 1,0001. ..
Ditto, under 1,0001. .. .. • • .. 15 p
South Sea Stock .. .. • • .. 100%
Ditto Old Annuities .. 90%
Ditto, New Annuities 89%
Consols for Account • . • • .• 90% %
Exchequer Bills. 11.01.
Loom— •• •• G 9 pm.
Ditto, Small .• •• —— pm.

ONE
FOREIGN FUNDS. O'CLOCK.
Mexican Bonds, 1846, 5 per Cent .. 2214 22
Portuguese Four per Cent .. 36 35 .
Spanish Bonds, 5 per Cent .. 24%%
Ditto, Three per Cent .. 34%
Dividends on the above payable in London.
Belgian Four-and-a-Halt per Cent ..
Ditto, Two-and-a-Half per Cent .. 5.
Dutch Two-and-a-Hall per Cent ..
Ditto, 4 per Cent. Certitleates .. 92 925%
Ditto. Bonds .. .• • • .. 91% 91%
PRICES OF BUSINESS
CLOSING
DONE AT
RAILWAY SHARES. PAID. PRICES.
ONE O'CLOCK.

CLOSINC
PRICES'.

Aberdeen.. ... .. .. .. .. 25
Amber., Notting., Boston, and
Eastern Junction . . .. 2% .... 2% % ......
Binningluun and Oxford Junction 5 .... 14 13% .
, Binning., Wolver., and Dudley.. 5 .... 10% .• . .
Boston, Stamford, & Birmingham 225. .... % p........
Bristol and h:xeter . • • • .. 75 .... 75 y, .
Buckinghamshire .. .. .. .. 84s. .... U p........
Caledonian .. • . .. .. 30 .... 26 ..........
Direct Northern Scrip .. .. .. 2% .... .........
Eastern Counties .. .. .. .. 20 .... 21% %%.... ..
Ditto, York Extension .. .. 4 .... 4% ..........
East Lancashire .. .. • • .. 14 .... 16
Ditto New .. .. .• • • 5 .. • • • •
Ditto, ditto New
.Scrip .. .. 11,x .. • • 2% ........
East Lincolnshire .. .. .. .. 4 .... 6% ..........
Edinburgh and Glasgow. .. .. 50 .... ..........
Ditto, Quarter Shares .. ~ 12% .. •. 19 ..........
Ely and Huntingdon .. .. .. 123 .... ..........
Great Northern (London & York
Regd.) .. .. .. • • • . .. 2% .... 2% %..—.. • • 2%
Do., do (Direst Northern Regd.) 3% .... 3% % . ..... .. 3%
Great North of England . ..100 .... •• .. 23756
Great Western .. .. • • •• 85 .... •• . .....
Ditto, Fifths .. .. .. .. 20 .... 29 ..... .....
Ilull and Selby .. .. •. •• 50 .... .
Ditto, Ralf Shares .. .. .. 25 .... 52 ..........
Lancaster and Carlisle .. .. 50 .... 64%
Leeds and Bradford .. .. .35 .... 81
London, Brighton, and S Coast.. 50 .. . 5534 .. .. .. Ditto, Guarant. Five per Cent. 9
.... --..
London an . North-Western . • • 100 ....190 189
Ditto, Quarters .., . .. .. 2 ....
Ditto ditto, New Shares .. .. 2 .... 14% U
Ditto, 101. Shares M. & 11. (B) 5 .... 11% .....
London, Oxford, and Ch el t. .. 2 ....
London and South-Western .• 41/. Gs. 10d.. • G 5 63% 64 34
Ditto, New Consol. Eighths .. 40 .... 44% .. .• .. . „
Ditto, Tenths .. .• • • • • 5
.... 5%1A _
Ditto, Tenths .. .. • • •. 4 ••• • . 4% ......
Ditto, Scrip.. .. .. • •
.. 5 "" ......
Ditto, ditto .. ..•• • • • • 4 .... 4% .....
London and York Extension Scrip 2% .... 2%
Lynn and Ely .. .. .. 20 .... 21%
Manchester and Leeds .. .• • • 82 .... ,_.....
Ditto, Half Shares .. .• .. 38
.... 49% ...
Ditto, Fifths .. .. . • .. 5 .... ..... _
.. .. ~
Ditto Extension .. • • .. 425. .. • • 1% p._... ..
Manchester, Buxton, & Matlock 425..... p
Manch., Sheff., and Lincolnsh
.. 100 .... • ...
MDidland itto, Sheffield and Lincoinsh • 234 .. . • 137 %..
Ditto, New .. .. 2 %
.. .. .. .. ..
... 100 „ . .. ..... ... 124
.... 5 %
Ditto, Birmingham and Derby. U 100 .... 98 99 ...........• •
99%
%
Newcastle and Berwick .. •. 20 .... 31 32
Northern Counties Union .. .. 23% .... 1 q
North British .. .. . • • • •• 25 ....
Ditto, Quarter Shares • .. .. 2% .... 4%
Ditto, Extension .. •• .. % .... —.•.. • • • • —1%
Ditto, Thirds .. ... ••.• 1 .... 3%.. • . ..... 3%
North Staffordshire .. • • •• 5 .... 8% UB.. .. 8
Oxford,Worcest.,& Wolverhmptn. 17% .... 11% 74 • • 11%
Preston and Wyre .. • • •. 25 .... •.• • - - • • 35
Ditto, Half Shares .. .. .. 6% .. ..:10% .....• • • 10%
Reading, Guildford, and Reigate 5..••3%••• . • • • • • • 3%
Royston and Hitchin . • • .. 1% .... —...•• • • • .. 2%
Scottish Central --' .. ... 15 .... 21 % •
—•• • • •
. .., 1 34
Scottish Midland ..
Ditto, Class 8.... • • •• I U ...• 137. •..•• • • • • 1%
Shropshire Union .. .. .. 425. .... 1 % dis. •• • • 74 7%*
South Wales .. .. .••. .. 10 .... 7IA•••• • • • • • • 7 South Yorkshire, Doncaster, and
Goole .. .. • • • . .. 2 .... 1% 2.... •• • •
Yale of Neath
.. •
• • .. .... 2 ....
Waterford and Kilkenny ..
.. 11 .. I— ..
...
West Riding Union • . • •
.. 425..., 1% p.. ...... York and Newcastle .. .. 25 .... 37% • ... ••• • • •
Ditto, New.. . .. • • .. 5 .... 11% %%, -.
Ditto, Preference .. . • .. 4 .... 8%% ........
York aied North Midland .. 50 .... 90% .. .....
Ditto, Selby
Ditto, Preference .. .• 2.. .. 11% %.. .._ ....
Do. E. and W. Riding Eaten.. • 10 .. • - 22 21%
.....
FOREIGN RAILWAYS.
Boulogne and Amiens .. .. .. 18 .... 14% ..........
Dutch Rhenish .• .. • . .. 7 .... 4%
Namur and Liege .. .. • • • . 8 .... 2% % ......-
Northern of France •• .• • • 8 ' .... 12% ..
Orleans and Bourdeaux .. .. 6 _. , , 7 U
yi
.; .
...
MINES.
Real del Monte, Unregistered .. ..... 334 ..