The Sun.
London, England, 1847-12-15 00:00:00

TEE SUN, LONDON, WEDNESDAY EVENIN G, DECEMBER l5, J 847.

MONEY and COMMERCIAL NEWS.

CITY, QUARTER TO THREE.

The Cotton Market at Liverpool yesterday was
firmer, at Friday's rates. Sales 3,500 to 3,000 bales.
American realising 44d. to 6d. per lb.—Railway Shares
had been quiet, but were steady in value.
We have no letters yet by the steamer from Halifax,
but the following received via Havre, respecting the
specie movement is interesting :
" The demand for foreign exchange, for the packets
which have left this port and Boston during the past
week, has been limited, while the shipments of specie
have been about one million of dollars. The arrival of
these shipments in England must have a very favourable
effect upon the money market, and the re-action upon
this country will, of course, be of a corresponding na-
ture. As soon as confidence begins to rise again, and
credits become established, the sterling bills in our market
will be in more demand for remittance, and the outward
current of specie be very much reduced. The panic pro-
duced by the exportation of specie within the past week
or two, shows how sensitive the public mind is upon
this point, when the movement first commences, and the
tide, is setting from us, but the moment it turns and
sets in, there will be as great a reaction in the public
mind, and we shall rapidly recover everything we have
lost. We shall be in a much better and stronger posi-
tion, as the check upon credits, which the panic has pro-
duced, was necessary, and must have a beneficial influ-
ence upon commercial matters generally. In times like
these, all such restrictions are desirable, and produce a
healthy state of things. It is necessary that we should
at times stop and take an observation of our position,
that our course may be more carefully marked out and
our condition better understood. A little panic is a good
thing, and creates a degree of cautiousness in commercial
circles calculated to prevent too great an expansion in
squally times, when sail should be taken in, and every-
thing made snug."
The accounts from the East Indies, as stated yester-
day, are considered to be favourable on the whole, and
the remittances which have come from Bombay are in a
form which will be useful, not being upon any of the
great houses which at that presidency were known to
have fallen. The China intelligence is not at all of re-
cent date.

A new loan for Belgium is said to bo on the tvis,
and the amount is reported to be 60,000,000 franca.

The English Funds have been steady again this morn-
ing. Consols for Account, 851 to it; New Three-and-a-
Quarter per Cents., 86i I; and the Three per Cents.
Reduced 844 to 85; Bank Stoek is 1861 to 188 k; Ex-
chequer-bills hays been 7s. to 105. premium, and India
Bonds,;lBs. discount.
Rather more business has been done in the Foreign
Alarket, and prices have been generally steady. Spanish
Five per Cents. 17f, and the Three per Cents. 284.
Mexican Bonds, 18 Co ; Grenada Deferred, 3i ; and
Chilian Three per Cents'.;'49l ; Dutch Two. and-a-Half
per Cents. have been at 55.
In the Railway Share• Market the purchases have not
been large, and prices have varied but little. North-
Western and one or two others are better. The Paris
and Lyons and Boulogne and Amiens have also im-
proved.

ONE
vit.ICES OF BRITISH FUNDS. O'CLOCK.

CLOSIN a
PRICES

sank Stock
3 per Cent. Reduced Anns.. 84% 85 81% 85 85
Sew 314 per Cent. Anns 86%1/2 861/4
:oaf; Amis. to expire Jan.lß6o
India BondE, 1,0001.
Ditto under 1,000/. . .......
Consols for Account 85%% 'A 85%
Exchequer Bills. 3d.
1,0001.
5001.
: Small

10p
10p
10p
CLOSI N G
PKIC ES.

024 E
O'CLOCK

RIC FS OF FOREIGN FUNDS.
Chilian Bonds 6 per Cent.....• —
Ditto 3 per Cent 491,4
Grenada Bones, I per Cent. —
Ditto Deferred 3%
Mexicar, 5 per Cent. 1846 lB
Ditto, Account lBl4/1,
Portuguese 5 per Cents. —
Ditto, 4 per Cent —
Spanish 5 per Cent. 1840.
Ditto, Passive
Ditto. 3 per Cent 283/4
Dividends on the above payable in London.
French Rentes, 5 per Cent llsf. The. 115 f. 75c.
Exchange 2sf. 70c. 25f. 70c.
Dutch, 21/2 per Cent., 12 Guild 55 551,E
AT
TllSolstiEz
Ditto. 4 per Cont. Certificates 84% 843/4
PRICES OF pAID.
BALD
O'CLOCK PRICER
CLOSING
RAILWAY SHARES
Aberdeen
Amber.. Nott., Boston,
rod Eastern Junction 25,4 l/
Ayrshire end Galloway.. 21A, —
Belfast & County Down 10 ...... ••
birmingham and Ox-
ford J unction -
Birmingham, Wolver-
hampton, and Dudley 10 ... .. 1334 %.....
Birming., Wolverh'pton,
and Stour Valley 101. 145....
Birkenhead, Lancashire,
end Cheshire June 73/4 —
Boston, Stamfd, & Birm. 5
1- ristol and Exeter BO
Ditto, Thirds
Buckinghamshire 10/. 48. —
Caledenian
Ditto, Half Shares..... 33/4 —
Ditto, Clydesdale Junc 50
Cheater and Holyhead... 371/4 — I ••••••
Ditto, Preference .. 8
Clarence 784
Do. Ist Class, 6 per Ct. 10
Do. 2d Class, 5 per Ct. 10
Do. Government Loan,
4 per Cent.. .......... 10 .....
_ _ ..

Dublin and BelfastJunc. 20 --
_
Dundalk & Enniskillen 15
East Anglia, 251., L. &
E. and L. and D....... 25
Do., 181., E. & H.... 18
E a
stDemo.,C3oLulnOtte,
sE.
...&.. H.
....
22 0
16
..
Ditto (B) ............... 20 ...... _
Lit,to,Extension, 5 per
Cent, No. 1....... 61.13.. 4d...
Ditto ditto, No. 2... 61. 133.4 d... par
Do., York Extension.. 10 ..... _
Do., North. & Eastern 50 ......
...
....... _
Do., Quarters ......... 12% _
•• ••
Do., New ............... 23
Eastern Union ........... 50 .. ... 6AM
Ditto, Quarter Shares 12%.....
• w«
Ditto, Thirds ....135.. 4d
11,1
Do., (guar. 6 percent) .....
Last Lancashire ......... 25 ......
Ditto. New .......... .. 13 .. ...
Ditto, New Quarters... 334 ..... _
..•
Edinburgh East
and Glasgow
. . 10 2%. ..
..-.. 4
3%
. . . .....
:::.....
. . .
46
Ditto Half Shares ... 15
Ditto, Quarter Shares 121ei ....••
Edinburgh & Northern.. 22
Ditto, New ........... 334 _
Ditto, Newport ..... .•. 9% ......
Ditto, ditto, New • •••• 214 _
Exeter, Yeovil, & Porch. 2%......
Ditto, New . .. ........ 2%,..... _
•••
Glasgow Dumfries, and
Carlisle .............••8/. 63.8 d _
Glasgow, Kilmar., & Ayr 50 ......
Ditto, New ......... .. 40 ......
Do. Preference Consol. 12%.....
Great N0rthern............ 10% 4%...
Do, London and York 2%..
Groat South. and West.
(Ireland) ............... 35
Great North of England-100
••
Ditto, New 401.......... 5
Ditto, New 30/.
Ditto, New 151. 6%..,,.,
breat Western. B5 .....
Ditto, % Shares 5O 57%
Mho, LA Shares
Ditto, Fifths 20 —
Ditto, New 171
Huddersfield & Mooches. 22 '

Ditto, Thirds ... 7
Hull and Selby 5O .. ....
Ditto, Half Shares 25
Ditto, % Shares-- ...IN
4pswic Bury St. Edm. 15
Do., do., and Norwich 15

Do., do., Extens. Scrip
(late Climb. & Ely) 2%...•••
Lancaster and Carlisle... 50
Ditto, Thirds ......... ... 10
Lancashire & Yorkshire 93
Ditto, ditto ............ 82 ...
Ditto % Shares . 38
Do. Quarter Shares... 14% —
Do. Fifths ..... ........ 8 .- •••
Do. Sixteenths 61,4
DDD
ooi
t.. t ThirdsLo vl4erp.((Reg...,.tned B.)u r y 13041 4s.
..
...... 5 1,4 i 2.
Hud-
dersfield and Sheff.) 33
Do.( Wakefield, Ponte-
—
fract. & Goole - ......•••
Do. ( W. Riding Union) 4i. 2a
2, die.
Do. (Preston & Wyre) 25
Do. % Shares (A) 9
Ditto ditto (B)
Leeds and Bradford 5O ......
Leicester and Bedford l6s. ...... —*** .........
Leeds, Dewsbury, &c 37% —
Do., Branch % Shares 12%..
Do. New Branch( blue) 2% — .........
Do. Extension (green) 21/2—
Do. NewExten. (pink) 2%
Leeds and Thirsk
Ditto, New 20 — ..... ......
Do., Prefer., 6 per Ct. 3%
Livei pool, Crosby and
Southport ~«
Liverp., Mnchst.r& New-

castle Junction ---
2% •••••••• 000000
London and BlackwalL.l6/. 133. 4d ..... .....
Do. New, No. 1
Do. New, No. 2 .. 41. 13s. 4d...•
Do. Extension 17% — ..
London, Brighton, and
South Coast ....
Do. Consol. Eighths.. 30
Do. Guarant. 5 per ct. 9 - •••••• •• •. •••
Do. Pref. Con. 5 per ct. 50
L•bridon and Greenwich 12/ 15s 4d —
Ditto,Preference ... 18/1;s 2d...
London and N. Western 100 1521 153.. 153
Do., Quarters L. & B. 17
Do., do., New
Ditto F4llis ..... .... 2
Du. li Shares (G. J.) 25
Do 40/.Shares(L.M.) 15
Do. 40/. (M. & B.) ... 40
Do. 10/. (Y. & B.) A. 71)4
---
Do. 10/. ( 51. & B.) B. 714 —.: ...............
Do. 101. (.11. & B.) C. 1
..... ••• ........ ••• ...
LoDmo.i. N&eSw.NcoVesnsteoln
t1h450
/. 6:Bd 54 53% x.n.... 54% x.r.