The Sun.
London, England, 1847-10-09 00:00:00

Exchequer Bills. icl.
1,0001.
5001.

-
Small
PRICE OF FOREIGN FUNDS AN ONE O'CLOCK.
Mexican Bonds, 1846, 5 per Cent. 19
Ditto for the Account . lB%
Portuguese Bonds, 5 per Cent —
Ditto, 4 per Cents 22%
Spanish Bonds, 5 per Cent, 1840
Ditto Passive Bonds 4
Ditto 3 Der Cent.
Ditto for the Account
Dividends on the above payable in London.
Dutch 2% per Cents.
Ditto 4 per Cent. Certificates
BUSINESS DONE IN RAILWAY SHARES AT ONE O'CLOCK
RAILWAYS. PAID. Pisa SHARE.
Aberdeen
Amber., Notting., Boston, &c. 2% — ...... to
Ayrshire and Galloway
Belfast and County Down .. 10 .. ..
Birmingham & Oxford Junc... 15
Birmingham, Wol., & Dudley 10 ... .
Birming., Wol., & Stour Val. 8 ...... .
Birkenhead, Lancashire, and
Cheshire Junction 6%
Boston, Stamf., & Binning... 5
Bristol and Exeter
Do., Thirds ...... ... ..... ... 15
Buckinghamshire 8/. 4s 33% to 3
Caledonian
Ditto, Half Shares
Ditto, Clydesdale Junction 40
Chester and Holyhead... 32%..... 17
Ditto, Preference
Cheltenham and Oxford
Clarence.
Do., Ist Class, 6 per Cent... 10
Do., 2d Class, 5 per Cent... 10
Do., Gov. Loan, 4 per Cent. 10 - to
Dublin and Belfast Junction.. 20
Dundalk and Enniskillen ... 12%
East Anglia, 251., L. & E.
and L. &D.

Ditto, 18/., E. & H lB ....
Eastern Counties
Ditto, 31. 10s., E. & H... 1
16%%... to
Do. Perpet., 5 per ct. No. 1,6/. 13s. 4d —
Do., do N 0.2,6/. 13s. 4d... % dis. to
Do., York Extension
Do., Northern & Eastern— 50 49% ...... to
Do., Quarters .... .. ........ 121/.. ...,_
.... to
Do., New
Eastern Union 5O ...... ...... to
Ditto, Quarter Shares
Ditto., Thirds .. ......... ...13s. 4d......
East Lancashire
Ditto, New
Do., do., Extension Scrip... 114
East Lincolnshire
Edinburgh and Glasgow 5O ......
Ditto, Half Shares
Ditto, Quarter Shares 12% to
Edinburgh and Northern ... 20
Ditto, New 21,g,, —
Ditto, New port * 7
Ditto, ditto, New ••• 1% — ...... to
Edinburgh and Perth
Ditto, Extension ... 10s.
o
Exeter, Yeovil, & Dorchester 2% — ...... to
Ditto, New
Glasg., Dumfries, & Carlisle..B/. 6s. 8d... .. to
' Glasgow Kilmarnock, & Ayr 50 •..... to
Ditto, New
(5 per ct. gua.) 12% .....
..
to
Great
8
D
York Exten. 21/2
...... to
Gt. South. & West. (Ireland) 35
Eoo . i Shares
Londonr t h e r nec
Great North of England 100 ...... ...... to
Ditto, New 40/ 5 ......
Ditto, New 30/
Ditto, New 151.... DA .• ••• to
Great Western B5 . ......
Ditto, Half Shares 5O ...... 57
........ . to
Ditto, Quarter Shares
Ditto, Fifths ..... 164 .... to 16
20 ...... _
...
Do. New 17/ ..... to 7 ... 8
Huddersfield and Manchester 22
Dittc, Third 5....,,,,, 7 •• ..•
....•••
--
Hull and Selby. ..............
....... 50
--
Ditto, Half Shares .......... 25 ......
Ditto, Quarter Shares ...... . 121/2 ...."
-
Ipswich & Bury St. Edmunds 1
5 to
Do. do. and Norwich
Do., do., Extension Scrip
(late (Camb. and Ely) 2%
Lancaster and Carlisle.... ... 50 ..
Do., Thirds... • -
10 _
Lancashire and Yorkshire
(M. and L.)
Ditto Half Shares
Ditto Quarters
Ditto Fifths
Ditto Sixteenths ...........64 614...... to
Ditto Thirds (Reg. ) 71.4s —
Do. Liverpool and Bury... 34
Do. (Hudders. and Shoff.) 28 -

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MONEY and COMMERCIAL NEWS.

CITY, QUAZ?TER TO THREE.
There was a better feeling yesterday in the Liverpool
Cotton Market. Sales of the week 22,370 bales, at /I
to jd. per lb. decline. The stcck is 387,500 bales,
against 642,100 bales at this time last year.—Raik ay
Shares have been dull.
The Washington steamer does not bring us intelli-
gence either of an improvement in the exchange, or the
probable early return of specie to the United Kingdom,
although the continued failures here began to create an
impression that there would be increased difficulty in the
mercantile world. There had been a few failures, but
not anything like to the extent we have to apprehend.
The state of the Money market is bringing the ex-
changes to a favourable position for this country, and
imports of bullion are already the result. The rates for
foreign bills of exchange were yesterday afternoon again
higher, but we wish we could state that the improve..
ment arose from more legitimate causes.
The following are the principal features in the Bank
of England weekly return to the 4th inst.:—
Notes issued now £22,121,695
Decrease 69,180
Rest, now

Increase
Public deposits now 9,329 057
Decrease 128,794
Other deposits now
Increase 477,725
Seven day and other bills now 864,883
Increase
Government Securities now 11,661,340
Increase
Other Securities now... 21,259,929
Increase
Notes now
Decrease.
Bullion now 8,565,307
Decrease 217,396
Active circulation now
Increase
The variations have, therefore, been of considerable
importance, and all illustrative of the stringent condition
of the money market. the Bank has had to take a large
amount of its reserve of notes, as well as its bullion,
to meet the urgent applications of the mercantile com-
munity for temporary assistance, as evidenced by the
remarkable increase in the other securities. The in •
crease in the other deposits is another sign of caution on
the part of the trading interest, and as the same thing
is doubtless taking place in other directions, and the
balances with the private bankers are no doubt less
freely loaned than those in the coffers of the Bank of
England, we may have a ready solution of the cause of
the existing artificial scarcity of money, and the import-
ance of restoring confidence.
As there can be no doubt that the uncertainty re-
specting the probable amount of railway calls' is almost
more injurious indirectly than the reality, the following
remarks from the Bankers' Magazine appear to be ap-
posite :

" The sooner some similar course be adopted, the
better a gradual diminution and economy of expendi-
ture will then take place; shareholders, knowing the
amount that will be required, will be prepared to supply
it; fear being removed, a feeling of security will be en-
gendered, that will operate materially in easing the
money and share markets and increasing the value of
railway property. That some such plan must ere long
be had recourse to, is certain, for who that heard or
read Mr. Glyn's speech at the London and North-
Western meeting in August last, sould have supposed
the directors of that company would immediately after
make calls for no less a sum than 500,0001.—half a
million I Yet such is actually the fact. The maxim of
Put not your trust in princes,' is evidently as applicable
to directors as monarchs."
In the City to-day affairs show no improvement.
Money is held with a " clutched hand," want of confi
dente is more apparent than ever, and few venture to
predict an improvement unless something is done, and
that speedily.
The Stock Market exhibits a heavier appear-
ance even than in the early part of the
week. Money sales continue to be pressed with per
severing assiduity, necessity compelling. Consols
have been 83. i to 83k for transfer, and 83/
to 83i for the 14th inst. Exchequer-bills, however,
have not been lower than 6s. to 10s. discount, while
India Bonds range from 235. to 30s. discount. India
stock has been at 227. The revenue returns, it is said,
will be unfavourable.
The Foreign Investments have been flat. Mexican,
notwithstanding the receipt of a good sum fur the divi-
dends, and the prospect of more by the sale of the
cotton warrants, has been heavier at 184 to 19. Spanish
Five per Cents, are 18, and the Three per Cents. 27k.
Dutch Four per Cents. have been 824 to 83.
Railway Shares have given way again, and there is a
larger amount in the market than buyers can be found
for. .As yet, however, the changes are not material.
CITY, THREE O'CLOCK.
More failures are reported in the City—East Indian
and Portuguese houses.
BRITISH FUNDS THIS DAY AT ONE O'CLOCK.
(From the Official List.)
3 per Cent. Consols Anns 3/4104% 1A
India Stock 28273
India Bonds 1,0001 3O 23 dis
Ditto under 1.0001
Consols for Account