The Sun.
London, England, 1847-03-01 00:00:00

MONEY and COMMERCIAL NEWS.
From 7he Sun of Saturday Night.
The cotton market at Liverpool has been steady this
reek, with an increased kiemand. Sales yesterday 4,000
bales, 500 being American on speculation. Stock, 483,8b0 bales.
There are no later arrivals to day.
The New Loan is quoted nominally 1,4 to 1 premium this
morning, and the estimates of the price which should be bid
vary from 88% to 89%; though it is impossible to say, as
Messrs. Rothschilds and Barings are now expected to be the
only houses which will make up lists—though corporate
bodies may tender on their own account— what will be the
terms ' offered. We still incline to the opinion
that, •as the competition is narrowed, the Chan-
cellor of the Exchequer may probably have to
open his sealed paper, and declare the minimum, leaving the
parties present to take it then upon the Government terms if
they please. We believe that even the most influential
houses in the City have recently been Bears of Stock, and
consequently will require some of the new loan to complete
the deliveries which they may have contracted for; but al-
though in the interest of the public it must be desirable
that the Chancellor should get the best possible terms,
it is also necessary that the allowance be made
for probable variations in the Money Market, and the
difficulty that may be experienced in making up the monthly
instalments.
In the year 2835 Messrs. Itothschilels took the loan at the
rate of 1011. 14s. 3d., viz, 75/. Consols, worth 90%; 251.
Reduced Three per Cents., worth 91; and 13s. 11d. Long
Annuities, worth 16%.
The following are the principal items in the Bank of Eng-
land returns for the week to Feb. 20 :
Netes Issued
Decrease ................ 12.800
Notes reserved increase
Bullion ...........
Decrease
Pablic deposits increase 570,929
Other deposits decrease 492,759
Seven day and other bills increase
Other securities decrease .. 31,917
- The Funds have been rather better to-day. Consols re-
alising 901/a, and sines 901,4 for transfer next week, and
90% % for April 15. Exchequer-bills have been down to
3s. to 4s. premium. The New Three-and-a-Quarter per
Cents. are steady at 921,E to 93.•
The foreign investments have been very well maintained,
though chiefly at nominal rates.
The Railway Share Market is buoyant, and higher prices
have been obtained in most instances.
BRITISiI FUND.-4, ONE
O'CLOCK.
Three per Cent. Reduced Annuities .. 9014 91
Three per Cent. Consols Annuities 90% %
New Three-and-a-Quarter-per Cent. Anus. 92% 93
Long Annuities, Expire Jan. 5, 1560 ..
India Bonds, 1,000/. .. 9 p
Ditto, under 1.000/. 10% p
Bank Stock for April 14 .. 206
*Jotivr,ls for April 15 • • • • 90%%1,4
i'achernier BJls. -13 i d.
1,0001... 4 3 pm.
5001. .... 4 3 pm.
Ditto, Small 10 pm.
Ditto, Advertised .... 3 p par 4 p par
ONE
O'CLOCK.

CI OW:NG
PRICES.

par
CLOSING
PRICES.

FOR ERIN FUNDS.
Brazilian Bonds, 5 per Cent .. ..
Ditto, for the Account .• ..
Danish, 3 per Cent -• • • .. 84
Mexican Bonds, 1646, per Cent .. 2214
Bpanish Bonds, 5 per Cent ..
Ditto, for the Account •. • . 24%
Ditto, Passive Bonds .. • •
Ditto, Three per Cent .. .. .. --
Ditto, for the Account .. 35
Dividends on the above payable in London
French Rentes,•s per Cent .. —l. —c.
Exchange .. • • • • • • --f• Ic.
Belgian Four-and-a-Halt per Cent ..
Dutch Two-and-a-llall per Cent .. 58%).‘
Ditto. 4 per Cent. CerUtlcates