The Sun.
London, England, 1847-04-13 00:00:00

MONEY and COMMERCIAL NEWS.
CITY, QUARTER TO THREE.
The Cotton market at Liverpool yesterday was ani-
mated ; sales 8.000 to 10,000 bales, at id. per lb.
advance in prices. Tho sales consist of about 8,000
bales : American at 6kd. to 7id., 400 remains at 6id.
to 7id., 100 Egyptian at Id. to 8, 500 Surat at 3/d. to
4id. per lb. Railway shares were heavy.
An improved feeling is apparent in the mercantile
and monetary circles again to-day. It is true that the
value of money keeps high, and that it may possibly
rule more against those who require acommodation,
even upon what are held but a shade below first class
securities. But it cannot be doubted that matters will
soon right themselves. People begin, in fact, to thick for
what reason has Consols gone back so low as is the
case. Public credit is good. Trade is good, though not
speculatively active (and so much the better for ulterior
results), and the demand for manufactures for exporta-
tion and home consumption has recently been on the in-
crease. Taking then all things into consideration, we
think we are justified in representing that the recent
monetary and other difficulties have passed their perihe-
lion, and are lowering to a more steady and safe con-
dition.

A considerable degree of interest is taken in the in-
tended commencement of railways in the East Indies.
Yesterday the first general meeting of the scrip-
holders in the East India Railway Company was
held, and a most favourable report was presented
to the subscribers. But it is still thought that over four
per cent. ought to be guaranteed by the East India Corn.
pany, and for a longer period than fifteen years, for the
really immense advantage which will inevitably accrue
from a train of rapid communication, per rail, in the lo-
calities marked out for this bold, and undoubtedly neces-
sary enterprize. The amalgamation of the East Indian
Company with the Great Western of Bengal Company,
hinted at yesterday, is considered a most wise and sound
point to be acc...mplished. The scripholders in the
latter projected line are to meet on Wednesday next,
to consider the mode in which the amalgamation is to
be made, which, without doubt; will be carried into full
and entire effect.
In the City there are no late arrivals announced this
morning.
A very considerable amount of business has been
transacted in the public Securities this morning. Con-
sols both for Money and the Account opened at 86k, and
subsequently receded to 858 for the Account. For
Money the prices improved subsequently to 86 and
868. The Scrip of the New Loan has been sold at
3k discount. Exchequer-bills were at 4 discount, and
East India Bonds at 7s. discount. Bank Stock is down
to 192, a fall of 6 percent. since the Ist instant.
In the Foreign Stock Market the Four per Cent.
Portuguese Bonds have improved to 35. Spanish Five
per Cents. have been sold at 25k ; the Spanish Three
per Cents. at 36{ k ; Brazilian for the Account at 83 ;
the Dutch Two-and-a-Half per Cents. at 58, and the
Four per Cents. at 90.
The Railway Share Market has not been very ani-
mated to-day. There was, it must he stated, symptoms
of weakness in rnany of the lines completed, and, in
operation as well as those in progress, still, upon the
whole, there is a better feeling apparent.
13KITISII FUNDS TIIIS DAY AT ONE O'CLOCK •
•
(Front the Official List.)

Bank Stock .. .• •• • . 194 193 195 192
Three per Cent. Reduced Annuities •• 85 84% 854
Three per Cent. Consols Annuities .. • • 86% 85% 865 86
New Three-anti-a-Quarter per Cent. Anna. 86%%%
Long Annuities, Expire Jan. 5, 1860 .• 98%
Ditto, 30 years, Oct. 10, 1859 •• 8 13-16
India Bonds, 1,0001. • - • • •• 7 dis
Ditto, under 1,0001. • • • • par
Consols for Account .. • • • • .. • • 865 85%
Three per Cent. Consols, Scrip.. .. • • 354 dis
ExeLequer Bills. 1301. 2d.
1,0001. .. • • par 4 die
Ditto. Small .. ... • 2p 3 dis
PRICES OF FOREIGN FUNDS AT ONE O'CLOCK.
Brazilian Bonds, 5 per Cent • • • •
Ditto, Small .. • • • • • 83
Portuguese Four per Cent • . .. 345 35
Ditto, for the Account • • • • 351 A 345{
Spanish Bonds, 5 per Cent. .. • . 2554
Ditto, Three per Cent .. .• • • 36% %
Ditto, for the Account • • • • 37
Dividends on the above payable in London.
Belgian Four-and-a-Half per Cent. 965(
Dutch Two-and-a-Half per Cents. 58
Ditto :4 per Cent. Certificates .. 90% 90
BUSINESS DONE IN RAILWAY SHARES Ar ONE O'CLOCK.
RAILWAYS. PAID. PER suaax.
Amber., Notting., Boston, & Eastrn Jn. 2% 134..,, to
Birmingham and Oxford Junction • • 5 .. • • 135654 .. to
Birmingham, Wolver., and Dudley .. 5 10%.... to
Caledonian .. • • .• •• 30 24 h% .. to
Eastern Counties .. •• .. • • •• 20 • • 1834 34 .. to
Do.,Perpetual,sperCt. No.l, 6/. 13s. 4d 56 % p to
Ditto, ditto .. N 0.2, 61. 13s. 4d % p.. to par
Ditto, York Extension ••••5%•.•• • 4% • • • to
East Lancashire .. .. • • .. .. 17 .• • .. ••to
Ditto, New .. .. • • .. 754
East Lincolnshire .. • • • • 4 .. • • 6 • • to
Edinburgh and Glasgow .. • • •• 50 .. •. 70 .... to
Ditto, Quarter Shares - • • • 125{ • . 175 .. • . to
Ely and Huntingdon . .. • • •. 15 .. •• 15 •••• to
Great Northern .. • • • • • . 3% •• • • 3 .... to
Great Southern and Western (Ireland) 30 .. • • 24% 25 to 24
Great North of England • . • • • • 100 .• • • 231% .. •• to 230%
Ditto, New.. .. .. • . 5
Great Western .. •• •• 85 .• .• 114 .... to 115
Ditto, Quarter Shares .. •• • . 12%
Ditto. New .. .. • • • • .. 7% %.. to 7
Hull and Selby .. .. • • .. 50 •• . • 103 .. ••to
Ditto, Hall Shares .. .• 25
Lancaster and Carlisle 80 • • 6134 .. to
London and Blackwell .. 161. 13s. 4d. •••• 7% • to
London, Brighton, and South Coast .. 50 ... • 51 y 4 A. • to
Ditto, Consolidated Eighths • • • • 10 .... 114 .• .. to
London and North-Western • • • • 100 .. 173 to 172
Ditto, Quarters .. •• L. and B. 7 •• to
Ditto ditto New .. .. • 2 11 34 34 to
Ditto, 401. Shares .• M. and B. .. 40 .... 66% ...• to
Ditto, 101. Shares .• M. and B. (11) 5 .. •• 1054 .• •• to
Ditto, 101. Shares • . M. and B. (C) 1 .. • • 6% .. • • to
London and South-Western 411. 6.,. 10d. .. • . 63% .... to
Ditto, Tenths (Consolidated) . 50 5254 %• • to
Lynn and Ely .. .. 20 .... 2156 .... to
Lynn and Dereliam • • •• 20 . 21 .. •• to
Manchester and Leeds •• 82 •• .. to
Ditto. Quarter Shares • • • • •• 12 .... 184 .• ••to
Ditto, Thirds (Reg.) • • • • 71. 45... • • 1%4 pto
Manchester, Buxton, and Matlock - • 421. .. • • par.... to
Manchester and Southampton .. .. 2 .. • • 15C .. • • to 1
Midland •• •• •• •• •• —lOO —ll2 .... to 113
Ditto, New .. .. • • • • • • 2 .. • • 4 to
Ditto, Birmingham and Derby • • 100 •• 90 ••• to
Newcastle and Berwick 20 .... 25 24% to 2554
Ditto, New . .. • • • • . 5 • • 76%.. to 71%
Northern Counties Union • • • • • • 2% •• • • %••• • to
North British •• .. 25 .. • . 3154.... to 32
Ditto, Half Shares • • .. •• 1254 ...• 15 •• • • to
Ditto, Thirds •• • • • • 1 •• • • 2% •- • • to 3
North Staffordshire •• •• • • • • 5 •• • • 7 %•• to
Preston and Wyre .. • • .. 25 .. 33% .. •• to 3454
Royston and Hitchin • . • • • • • I% •• • • 1% to
Shropshire Union • .. 425.... 1%14 die. to
iouth Eastern and Dover • • •• • • 331. 2s. 4d. -.to
Ditto. New (do. 331. 6s. Bd.) No. S.. 12 .. • 12% to
Ditto, New (do. 15/.) No. 4 .. .. 5 .. • • 5 .. • • to 4%
West Riding Union .• • • • • 4/. 25....• p• • to 1 p
York and Newcastle • • .. 25 .... •• • • to
Ditto, Preference .• .. 4 .. • . 6%56 • • to
York and North Midland 50 .... .... to
Ditto, Extension .. 25 .. • . 3954 to
Ditto, Preference 2 .... 9% •• • • to
FOREIGN RAILWAYS.
Central of France (Orleans & Vierzon) 11 14%.... to
Demerara .. • • • • to

Dutch Rhenish
East Ind!an •

.. .. .. 55. ....

% .. .. to