The Sun.
London, England, 1847-10-11 00:00:00

MONEY and COMMERCIAL NEWS.
CITY, QUARTER TO THREE.
The sales of Cotton at Liverpool on Saturday were
5,000 bales, including 1,200 bales of American on spe-
culation at steady prices, Shares were very dull and
depressed.
The statement of the liabilities and assets of Messrs.
Reid, Irving, and Company, doubtless given elsewhere,
has been much canvassed in the City; and the conclusion
come to appears to be that a dividend of ss. in the pound
will be quite as much as the creditors can expect for a
long time to come. The depreciation of mercantile
assets seems to be progressing in such a ratio as to set
all reasonable calculations at defiance.
Up to the hour of our writing, we hear of no addi-
tional failures to those of Rickards, Little, and Co.;
and Soares and Bernouilli, none of which are of great
magnitude, the first-mentioned having gradually con-
tracted its liabilities.
From Melbourne, Port Philip, we have papers of the
6th of May. The state of agricultural and trading affairs
was tolerably prosperous.
Although it is imperative that railway calls should be
moderated, there should be some moderation in the ex-
cessive outcry raised against different companies, as a
party interested justly remarks:—
" Has it been of no slight advantage that at
a time that all Ireland was starving, and our
own manufactories were at a stand still, five hundred
thousand men were employed in this country usefully
and profitably in the creation of railways? Undertak-
ings of benefit to each individual, that have carried with
them wealth to every place they have touched, and
that must economise the strength and service of our
army, that must to Government be the means of great
national defence, in addition to the unspeakable benefits
the manufacturer, the agriculturist, the mining interest,
and the whole community enjoy from the rapid and
cheap transit now afforded them. And yet to proclaim
that capital so employed is unproductive, appears
to be about as wise as to prohibit the daily national
expenditure in newspapers, or any other article of public
utility. The real and indisputable truth is, we have
undergone a year of severe visitation in the deficiency of
our crops, and whether we had railways or none,
the same distress would have existed, only, perhaps,
in a less mitigated form ; for the capital which, in
1844 and 1845, found employment in railway invest-
ments, would, in all probability, but for these under-
takings, have sought a return in foreign bonds and
foreign enterprise, which, sad as things now are,
may have left our affairs still worse. Regarding the
railway calls, it seems to escape general notice, that the
railway companies have had much difficulty in renewing
debentures falling due, and hence the pressure of calls
has been increased by the necessity of providing for
this contingency ; but we blame directors for having
made calls beyond what they had led their shareholders
to expect."
The public Securities have been to day exceedingly
heavy again, and with no apparent disposition to rally
them. Several large Bull accounts have been closed
within the last day or two, and the scarcity of money
makes a growing impression upon the value of the funds,
aggravated as it is by the serious reduction in the re-
venue. Tranfers are being effected in most of the English
securities, ex dividend, as the books are re-opened, and
the payments commence on Wednesday. Consols
have been 83i- to 824 for Transfer, and 834 to 824 for
Account. Exchequer Bills have been 12s to 6s discount,
and East India Bonds 18s to 25s discount. Bank Stock
has realised 1854 to 1824 ex. dividend, and India Stock
is as low as 222. The New Three and-a-Quarter per
Cents. have been 834 to 83, and the Reduced Three per
Cents. 824 to 814.
In the Foreign Market there is very little doing. Por-
tuguese Four per Cents. have been 214 to 224, and Spa-
nish Three per Cents. 274. Mexican Bonds have been
at 19. Brazil Stock has realised 76 to 78. Danish
Bonds have been 801 to 81, and Russian 1044 to 105.
Dutch Two-and-a-Half per Cents. are 534.
Railway Shares are all lower, and there is a great
difficulty in effecting sales. Caledonian are 34 to 4- ;
Eastern Counties 164 i ; Great North of England, 220;
Great Western, 984 ; North-Western, 150 to 152 ;
South-Western, 56 ; Midland, 109 ; South-Eastern, 28
to 29 ; and York, Newcastle, and Berwick, 304 to 314.
oNE CLOSING
PRICES OF BRITISH FUNDS. O'CLOCK. PRICES.
Bank Stock ...............185 1851/i 182% x d 182% x d
3 per Cent. Reduced Anns..... 82% 81% xd 81% x d
3 per Cent. Consols Annuities... 83V8% 8274 xd 82% x d
New 3114 per Cent. Annuities ...83%5,g 83 831 A 831,4 x d
I.,ongAnnuities to expireJan.lB6e 8 5-16 3-16 8%1 x d
India Stock 222 223
India Bonds, 1,0004
Ditto under 1,000!..
Consols for Account 834 %% 8234 82%
Exchequer Bills. 2d.
1,0004
5001
Small

ONE CLOSING
t RiCES OF FOREIGN FUNDS. O'CLOCK PRICES
Brazilian Bonds
Danish Bonds, 1825, 3 per Cent BO% 81 81
Equador Bonds
tdextcan, 5 per Cent. 1846 —
Ditto, Small l9 19
Portuguese 5 per Cents. —
Ditto, 4 per Cent 2ll/2 22% 22
Russian Bonds ... - ...... 104,h 105 105
Spanish 5 per Cent. 1840.
Ditto, 3 per Cent 27% 27%
Dividends on the above payable in London.
Dutch, 21/2 per Cent., 12 Guild 53% 531/
Ditto. 4 per Cent. Certificates 821/2 83 82% 82%
PRICES Ok PAID. BUSINESS DONE CLOSUG
RAILWAY SHARES AT ONE O'CLOCK. PRICES
Aberdeen
Amber., Nott., Boston,
and Eastern Junction 2% —
Ayrshire and Galloway.. 21A —
Belfast & County Down 10 ...... ..
Birmingham and Ox-
ford Junction
Birmingham, Wolver-
hampton, and Dudley 10 ..... -,
Birming.,Wolverlepton,
and Stour Valley... .. 8 •••••• • 6%
Birkenhead, Lancashire,
and Cheshire June.... 61,4
Boston, Stamfd, & Birm. 5
Bristol and Exeter 75 .—
Ditto, Thirds

Buckinghamshire B/. 4s 3%3/4 dis
Caledonian
Ditto, Half Shares..... 2% 23 3 dis 3 dis
Ditto Clydesdale June 40 ...

Chester and Holyhead... 32% 163/4... .. ......... 16
Ditto, Preference 4
Cheltenham and Oxford 2 ...... —
Clarence 784
Do. Ist Class, 6 per Ct. 10
Do. 24 Class, 5 per Ct. 10
Do. Government Loan,
4 per Cent.
Dublin and BelfastJunc. 20
Dundalk & .Enniskillen 12% — , , —
East Anglia, 251., L. &
E. and L. and D....... 25 ......
Do., 181., E. & H.... 18
Do., 3/.10a., E. &H. 1
Eastern Counties 2O ...... 16% IA ... 16
Ditto, Perpetual, 5 per
Cent, No. 1....... 6/. 13s. 4d...
Ditto ditto, No. 2... 61. 13s. 4d...
Do., York Extension.. 10 ...... 8
Do., North. & Eastern 50 ...... 493/4 48%
Do., Quarters ... 1214 _
•• •• --
Do, - _ix

~., .New 23 —
Eastern Union 5O .. ••• -- ••• •••••• ••• ••• ....
Ditto, Quarter Shares 12%
Ditto, Thirds ... ..... 13s. 4d
t' itSt Lancashire
Ditto, New
Do., do., Exten. Scrip 114 -• .........
.. ast Lincolnshire -
Edinburgh and Glasgow 50 ...... 49 50
Ditto Half Shares ... 15
Ditto, Quarter Shares 12% ......
Edinburgh & Northern.. 20
Ditto, New
Ditto, Newp0rt........ 7 ......
Ditto, ditto, New . .... 11/i
Edinburgh and Perth... . 2 ......
__,

Ditto, Extension lOB.
h'eter, Yeovil, & Dorch. 2%
Ditto, New
Glasgow, Dumfries, and
Carlisle Bl. 6s. 8d
Glasgow, Kilmar.,&Ayr 50 ...... _
Ditto, Now ........... 35 ......
Do., 4 Shares (5 per
cent. guar.)
Great Norttiern 8
Do., London and York 2 %.. ... %
Great South. and West.
(Ireland)
Great North of England-100 220
Ditto, New 401. 5
Ditto, New 30/ 65
Ditto, New 151 ll4 171
Great Western h
85
Ditto, % 5hare5........ 50 ......7
Ditto, 1,4 Shares 2...... 15
Ditto, Fifths 2O 22% 23
Ditto, New 171
Huddersfield & blanches. 22 ...... ..
Ditto, Thirds .... ..... 7 -
Hull and Selby 5O .. ... ........ ......
Ditto, Half Shares 25
'
Ditto 4 Share.; 12%
Ipswich& Bury St. EGm. 15
Do., do., and Norwich 12
Do., do., Extols. Scrip
(late Camb. & Ely)... 2%...... ......
Lancaster and Carlisle... 50
Ditto, Thirds lO
Lancashire & Yorkshire 82,
Ditto 1,.‘ Shares . ... 38 -
Do. Quarter Shares.- 14%
..
Do. Fifths
Do. Sixteenths ...... - ......•"••••••
Do. Thirds (Reg.) 10/. 4s. ...
.............
.
Do. Liverp. and Bury 34 .............
......
Ditto 4 (late H d

dersfieldand Shelf.) 28 ......
Do.(Wakefield,Pontr

fract, & Goole ...... 47% — ...... •••••
Do. (W. Riding Union) 44 25..
Do. (Preston & Wyre) 25
Do. 1/ Shares (A) 9
Ditto ditto (B)
Leeds and Bradford
Leicester and 8edf3r4,1... 165.......
Leeds, Dewsbury, &c.... 374 ...... - ........ •
Do., Branch % Shares 12%.• ..... ...
Do. New Branch(blue) 21,x ......
Do. Extension (green) 21A—
••••
Do.NewExten. (pink) 2%
Leeds and Thirsk 3l ••••••
Ditto, New 17% . ....... _

Do., Prefer., 6 per Ct. 3%. ... . . ......
Liverpool, Crosby, and
Southport.... .... ...... 2 .....
Liverp., Mnchstr & New-
castle Junction 2%...
London and Blackwall..l6/. 13s. 4d. 5 ...
Do. New, No. 1
Do. New, No. 2 .. 31 l3s. 4d.... -
Do. Extension
London, Brighton, and
South Coast
Do. Consol. Eighths.. 20
Do. Guarant. 5 per ct. 9 - .. . ... •• •.••• ••••••
Do. Pref. Con. 5 per ct. 50
London and Greenwich 12/ 15s4d
Ditto, Preference...lB/. 175.2 d...
Loudon and N. Western 100 l5l 150 152...... 152
Do., Quarters L. & B. 17
Do., a0., Now
Ditto Fifths
Do. IA Shares (G. J.) 20
Do 40/.Shares (L. M.) 15
Do. 40/. (M. & B.) ... 40
Do. 10/. (MI & B.) A 5

4%

Do. 10/. (M. & B.) B. 5
Do. 10/. Al. & B.) C. 1 ..
London, Oxford, and

_
Cheltenham ... 2 .. ... ... ........ .. —.
I oad. & S.Western ...411. 6s. 8d... 56 . .... ...... .. 56
Do. New ConsoL Bths 40 —
Do. New 50/. ... ..... 32%.. .. 273/4 28 27%
Do. New 40/. 26 ... .
....
Do. Tenths (Consol.) 50
Ditto ditto ............ 40
61. 135. 4d 1!41 1 11A
.
••• ........ •••
Ditto, Thirds dis 1% dill
London, Salisbury, and
Yeovil
Londonderry &C ileraino 25
Londonderry and Ennis-
killen 221,4...... ..... ....
Manchester,Buxton,and
Matlock
1.1
Manchester, Sheffield,
and Lincolnshire 100
....•
Do. Quarters (No. 1) 13 -
Ditto ditto (No. 2)... 25
Ditto ditto (No. 3)... 7% —
•
Ditto and Grimsby.... 25
Ditto ditto . ......... 7
Ditto ditto
Ditto Sheffield and
Lincolnshire 7% — ....... MINN
Manchest. & Southampt. 2% —
Midland lOO 109
Do. Consolidated Pref.100
Do. 401. Shares
Do. 501. Shares lO
Do. Birm., and Derbyloo
Midland Consol. Brist. &
Birming., 6 per cent.loo ......119% 119%
Midind, Brist. & Glocstr. 34
Ditto, ditto 7l. 911 —....—... .....
Midlnd,Leicest. & Swan-
nington, 8 per ct. guar. 50

11=11

40
81,4

•••
Midland Great Western
Irish
!Newcastle and Carlisle...loo -
Do. Quarters 5O ....- .
Newmrket&Chesterfori 134
Do. Extension .........21. 125....
Newport, Abergaveany,
and Hereford ..MO
Newry and Enniskillen 7
Newry, Warrenpoint,
and Rostrevor lO - •• ....... •-•—
Norfolk ..... .........100.
Do. New 20/. .. 5 -
Do. Extension - ..• ---
Do. Scrip, 1847, North
of Norf01k...
Do. do. Waveney Val. 2 —
Northern Counties Union 4 —
North British
Do. Half Shares 124......
Do. Quarters 434
Do. Extension
Ditto Thirds 1 —
North Staffordshire 74...- 741%... .....
North Wales
North Western 6 - .00 N. ......... 0.16
Oxford, Worcester, and
Wolverhampton ...... 274 ll4 it%
Reading, Guildford, and
Reigate V 7.4 ....
MY
Royston and Hitchin ... 1% — ... ........ .. ....
Scottish Central
Scottish Midland 17% . ONO
Ditto, New 10
Sheffield, Rotherham,
and Goole -
Shrewsbury and Birm... 6
Ditto ditto, Class B. 3
Shrewsbury & Chester
(Nor. W. Min.) l6
Ditto Halves ... ditto 8 ...... •• .... —
Ditto Oswestry ... .. 12 -
Ditto New
Shrewsbury and Herefd 2 ......
Shropshire Union
South Devon.... 4O - ......
Do. Preference
South Staffordshire 21. 125....
South Eastern & Dover. 331
Do., No. 1 20
Do., Nc. 2.
Do., No. 3.. ..... ...... ;5 ...... ...... -
D0., No. 4
South Wales ...... 15
South Yorkshire, Don-
caster, and Goole
Swans. & Loughor & Ca-
meron's Stm. Coal. ... 4 •••••• ... ....... ..
Taw Vale Extension ... 4
Tkames Haven Dock

-14

1%
7%

and Railway ..... ...... 171,1......
Vale of .Neatti ... ..
Waterford and Kilkenny 13t/5.,.... -
Waterford and Limerick 3i)
W ateri d,W xfrd,Wicklw,
and Dubhn
—..,
West Cornwall
Whitehaven & Furness 8
Windsor, Staines, and
South Western ..... ... 42s — ... .
Wilts, Somerset, & Wey-..mouth - • • ...... ..... .....
York, Newcastle, and
Berwick.
Do. Original New and
..,

Berwick .. ...... ...... 25
Do. North Shields Pur. 25
Do. Extemioe No. 1. 10
Do. do. No. 2......... 5
4
Do. (IN. E.Preierence 8
York and North Midland 50
Ditto, Preference ...... 10
Do. East and West Rid-
ing Eztension

FOREIGN RAILWAYS.
Anglo-Belgian 4
Barbadoes 1
Boulogne and Amiens—. 20 ...... 13% l3l
Bordeaux,Toulouse, and
~..

Cette a) .. (Constitute. 4 — ...............
- -
Central of France (Or-
leans and Vierzon) ... 14
Central of Spain ... .... 2
—.
Ceylon -
Dendre Valley ..... ....,
•... •• .............
Direct Bombay and
Madras
Dutch Rhenish 7 —
East Indian ... .-.. .... ss.
Great Indian Peninsular ss. ......
Great Southern of Madras ss. -
Great Western Bengal... ss. - ••.. ........... dlannb
Great Western Canada... 314
....
Italian and Austrian.... 4 •••
Jamaica S.Mid. Junction 1
Louvain i. la Sambre ... 6 ... . ......
Luxembourg 6
•• ...... .•• " ....
Lyons and Avignon
Madras ...... 1
•-•
Madras. Nellore, and ••
Arcot % —
Madrid and Valentin.... 2 ... .. -•
Namur and Liege
Northern of France....... 10 ..... 10%14 loq
Orleans and Bordeaux 6
Over Yssel 4/ 3s 4d
Paris and Lyons ... 10 ......
4%
Paris and Orleans 2O
31:391:4 .14................‘: ... ... ... .. :I:
Paris and Rouen
Paris and _ ;Strasbourg 8
...............
Rouen and Havre
Sambre and Meuse ...... 16 ....
... ...
Strasbourg and Bale ... 14
**
"'
Tours and Nantes ....„ g
Tournay, Jurbise, Lin-
•••••
den, and Hasselt....... 12 Trinidad
West Flanders ...... .... 8
MINES.
Anglo Mexican lOO - .............. -.-
Galvanized Iron ...... .. 10
Real Del Monte, Unreg.

LLOYD'S SHIPPING—(THIS DAY.)
LONDON, OCT. 11.—Wind E.S.E., light breeze and
kull, thick, hazy weather.
SWANSEA, OCT. 10.—Wind W.—Arrd. Auricula, Hag,
Cuba; Bling, Stuart, Port Adelaide.
OFF FALMOUTH, OCT. 9.—Danish brig Hector, Chris..
tian, Guayaquil, and sailed for Hamburgh.
POOLE, OCT. 10.—A vessel's boat, marked " Swift of
Will—J. B. Elliott," came on shore near here this
morning.
MILFORD, OCT. 9.—Wind S.W., strong breeze and
heavy rain.--Union, Francis, Quebec, for Pembroke ;
Waratah Volum, Port Philip, for Swansea.
SOUTHAMPTON, OCT. 10.—Wind S.—Arrd. Washing-
ton steamer, Hewett, New York, and left for Bremen.
PLYMOUTH, OCT. 9...-Wind S. to S.S.W., Oct 10,
Wind S., fresh.—Off port, Cheverell, Stoople, St. John's,
for Londonderry.
PORTLAND ROADS, OCT. 7.—The William, from Ply.
mouth to London, has put in here very leaky, and will
haul on the ground.
RAMSEY, ISLE OF MAN, OCT. B.—The Western
Isles, of Inverness, for the Isle of Skye, went on shore
6th inst., near Manghola Head, and has been surveyed
and condemned. The Blair, of and for Liverpool, from
Limerick, went on shore 6th inst., near the Point of
Ayr ; assisted off without damage.

CROOHHAVEN, OCT. s.—The Victor, Taganrog to
Cork or Falmouth, has put into Long Island Channel,
leaky, eco.
Wicn, OCT. 6.—The Familiar, of Kragow, stranded
behind the North Quay, and lies in a perilous situation,
as it is blowing a gale. The Warrior, of Montrose,
Riga to Liverpool, is ashore on the rocks at Keep, and
is breaking up fast. It is blowing hard at S.S.E.
PORTSMOUTH, OCT. 9.—Wind W. to S.S.W.-10.—
Wind S.—Off port, Scaleby Castle, Bombay.
COWES, OCT. 9 AND 10.--Wind S. to S.S.W.—Arrd.
Queen of the Tyne, Jameson, Bahia ; Triumphant.,
Minchoea, Matanzas.

FALMOUTH, OCT. 9.—Wind S. to S.W.—Arrd. Nor..
thumbria, Thomson, Pictou.
DEAL, OCT. 9.—Wind W. to W.N.W., P.M..-40.-
Wind S. to S.S.W.—Arrd. Glenorchy,Lamont, Calcutta;
Hope, Heron, St. Vincents ; Peggy, Smith, Jamaica ;
Juvernor, Sedgwick, Quebec ; Johannah, Bahia, for
Hamburg''. 'O.—Marianne M'Callum, South Seas ;
Brunken Mogr, Carr, Sydney ; Euphrates, Munro,
ditto ; Sydney, White, ditto ; Fortitude, Robertson,
Singapore ; Mountstuart Elphinston, Holton, Calcutta;