The Sun.
London, England, 1847-12-28 00:00:00

MONEY and COMMERCIAL NEWS.
CITY, QUARTER TO THREE.

The sales of Cotton at Liverpool yesterday were
5,000 to 6,000 bales, of which 4,500 bales were Ame-
rican, at 40. to 6d. per lb. There was some animation,
and prices were id. per lb. higher. Railway shares were
firmer, with a very limited business doing.
The advices by the Trent steamer were delivered yes-
terday afternoon, and do not appear to be more satisfac-
tory in respect to the state of feeling in the different
colonies. The numerous failures at home, the stoppage
of the Barbadoes Bank, the low value of produce,
and the apprehension that a strong indisposition
would exist on the part of British capitalists to
invest money in, or loan it upon, West India
properties had, combined, a very natural tendency to
excite uneasiness and depression of spirits, but we may
hope that, by a little decision and promptitude, this will
be relieved ere long.
The accounts received from the United States appear
to be satisfactory in respect to money and commercial
matters.

In Mexico the events of the war were not of moment.
The following are some interesting remarks concerning
the mining resources of that country:—
" The Mexican confederacy is composed of thirteen
states, four territories, and the federal district of Mexico.
The federal district and Zucala produce indigo, dye-
woods, &c. Chiapa, Tobasco, Oaxaca, ;Vera Cruz, and
Puebla, raise wheat, tobacco and maize. Mexico, Quere-
taro, Michoacan, Guanaxnato, lalisco, Sans Luis,
Potosi, Zacatecas, New Leon, Tumanlipas, Durango, and
Coahuila, are confined mainly to gold and silver mining.
though they all grow maize and large herds of cattle.
Senora and Sinaloa, New Mexico and California, have
gold:and silver mines, some iron and lead, and produce
corn, wine, and great herds of cattle. Tampico is the
principal outlet to the mining districts. The mines of
Sombresete, in Zacatecas, are celebrated for the richness
of their veins, which in the space of a few months have
produced a net profit of four millions of dollars. There
are some very wealthy mines near the capital, which
were long since abandoned, in censequence of
the terrible fires which have occurred in some of them.
The mineral district of Durango is exceedingly valu-
able. In one real, in the vicinity of Chihuahau, there
are thirteen silver mines, one of gold, and one of copper,
and at Maiepernie seven silver mines and one gold mine.
The Mexican gold is for the most part obtained from
alluvial grounds, by means of washing. These grounds
are common in the States of Sonora. In the plain of
Cineguilla; grains of gold of such a size were found,
nineteen inches below the surface, that some of them
weighed nine marks each, and valued at more than 1,000
dollars; in several other places large pieces of gold have
been found, it is also found in the veins which intersect
the mountains of primitive rock; these veins have been
found a foot and a half thick. There is scarce a silver
mine in Mexico that does not contain some gold.
" Of the inferior metals, there are mines in great abun-
dance, and of almost every description, which only need
science and enterprise to bring forth their hidden trea-
sures to the surface.

'• The position in the financial world which the posses-
sion of these mines will give us, will be equal to that of
the Emperor of Russia, and whatever influence the Go-
vernment of Russia may exert in relation to the affairs
of Europe, by means of his immense gold mines, the
United States will have a very great conservative influ-
ence in connexion with any European Government. In
the event of Russia attempting to crush any of the more
liberal Governments of Europe, we shall be in a position
to aid the distressed, and relieve them from the financial
power of the autocrat. The two great specie countries
in the world are Russia and North America."

There is very little business doing in the Public Secu-
rities, and the quotations remain firm. Consols for
Account have been S5l f ; the New Three-and-a-
Quarter per Cents. are 861 1 ; and the Three per Cents.,
85* to 851; Bank Stock is worth 186*; Exchequer-bills
have been 99. to 12s. premium ; and India Bonds have
advanced to Is. to 2s. discount.

In the Foreign house the transactions have been of
the smallest possible amount. Spanish Three per Cents.
have realised 30 ; Mexican, 181 to 18} ; and Brazilian,
SO ; Dutch Two-and-a-Half per Cents. have realised
56 to 56/.
The Railway Share Market has been firm, although
the bargains are not extensive.
BRITISH FUNDS THIS DAY AT ONE O'CLOCK.
(From the Official List.)

Bank Stock 1861,4
3per Cent. Reduced Annuities ... 85A itA
New 3!4( per Cent. Anas. B6l/2%
Long Annuities, Exp. Jan. sth, 1860... 8%
India Stock
Do. Bonds, 1000/
Ditto under 1.0001
Consols for Account 85%
Exchequer Bills. 3d.
1,000/.
5004
Small
PRICE OF FOREIGN FUNDS AT ONE O'CLOCK..
Brazilian Bonds, 5 per Cent BO
Mexican Bonds, 1846, 5 per Cent lB%
Spanish Bonds, 3 per Cent —
Ditto for the Account
Dividends on the above payable in London.
Dutch 2% per Cent., 12 Guild 56 5614
Ditto 4 per Cent. Certificates

BUSINESS DONE, IN RAILWAY SHARES AT ONE O'CLOCK
RAILWAYS. PAID. rim SHAM.
Aberdeen
Amber., Notting., Boston, &c. 2% — to
Ayrshire and Galloway
Belfast and County Down .. 10 .. ..
Birmingnam & Oxford June... 20
Birmingham, WO., & Dudley 10 ... .
Birnsing., Wol., & Stour Val. 10/.145....
Birkenhead, Lancashire, and
Cheshire Junction..
Boston, Stamf., & Birming... 5
Bristol and Exeter
Do., Thirds ...... ... ..... ... 20
Buckinghamshire..
Caledonian
Ditto, Half Shares
Ditto. Clydesdale Junction 50
Chester and H01yhead......... 371,4 ..... 19% to
Ditto, Preference 8
Clarence.
Do., let Class, 6 per Cent lO
Do., 2d Class, 5 per Cent... 10
Do., Gov. Loan, 4 per Cent. 10
Dublin and Belfast Junction.. 20
Dundalk and Enniskillen ... 15
East Anglia, 251.& L. , E.
aid L. &D. ... 25 ......
Ditto, 18/., E. & H lB ......
Ditto, 31. 108., E. & IL.. 2
Eastern Counties
Ditto, ditto (B)
Do. Perpet.,s per ct. No. 1,6/. 13s. 4d... % p to
Do., do N 0.2,61. 13s. 4d... ...... to
Do., York Extension
Do., Northern & Eastern 5O -
Do., Quarter .... .. .......... . 124....
Do., New
East ersn Union 5O
Ditto, Quarter Shares ...... 121,C —
Ditto., Thirds ...135. 4d — to
Di.to (guar. 8 per cent.) ... ......
East Lancashire
Ditto, New
Do., New Quarters
East Lincolnshire l2 %......
Edinburgh and Glasgow 5O — ..• •• to
Ditto, Half Shares
Ditto, Quarter Shares 121,12 .....
Edinburgh and Northern ... 22%.....•
Ditto, New..... ... ..... ...... 34...... ...... to
Ditto, New port 9% ...... ...... to —_Ditto, ditto, New ...... 214 — ...... to
Exeter, Yeovil, & Dorchester 2% — ...... to
Ditto, New
Glasg., Dumfries, & Carlisle..Bl. 6s. 8d... —.. to —.Glasgow, Kilmarnock, & Ayr 50
Ditto, New 4O —
Do. 1A Shares (5 per ct,. gua.) 12% ..... ..
Great Northern lO% 4%••• to
Do. London & York Eaten. 21/3 — ...... to
......
Gt. South. & West. (Ireland) 35
..._

to
Great North of England 100
Ditto, New NN telw 401 y
530 ...
o
Ditto, New 151...... ...... 614..-•• ... to
Great Western ... 85

Ditto, Half Shares
Ditto, Quarter Shares
Ditto, Fifths
Do. New 171. 7 ...... VA to
Huddersfield and Manchester 22 .. ...
Dittc, Thirds
Hull and Selby 50
Ditto, Half Shares
Ditto, Quarter Shares l2l¢ — to
Ipswich & Bury St. Edmunds 15
Do. do. and Norwich
Do., do., Extension Scrip
(late (Climb. and Ely) 24...... to
Lancaster and Carlisle.... ... 50
Do., Thirds lO ......
Lancashire and Yorkshire ... 93
Ditto, ditto
Ditto Half Shares
Ditto Quarters
Ditto Fifths
Ditto Sixteenths ........... 614...... to
Ditto Thirds (Reg.) ... 101.4 s —
Do. Liverpool and Bury... 34

•••• • to .......

Do. (Hudders. and Shelf.) 33
Do., Wakefield, Pontefract,
and Goole 471,% —
Do., West Riding Union ...4/. 25..... 3 dis to 3%dis.
Do., Preston and Wye ... 25 ......
Do., do., Half Shares (A) 9
Ditto ditto
Leeds and Brad:ord 5O ..... 891/2..... to
Leicester and Bedford l6s.
Leeds,Dewsbu, & blanches. 37% — to
Do., Branch 4 Shares 12% to
Ditto, New Branch (blue).. 2% — to
Ditto, Extension (green)... 214 — to
• -k* 2% — to—

Do., New Exten. (Pink)... z Ye • - - - - --
Leeds and Thirsk 36
Ditto, New
Do., do., Prefer., 6 per Cent. 3%..... ...... to --
Liverpool. Crosby, and Sout h-
port. -
Liverpool, Manchester, and
Newcastle Junction. ...... ... 2% — to
London & 131ackwa11...16/. 13s. 4d — to
Ditto New, No. 1..
Ditto New, No. 2 .....31. 13s. 4d — . .... to
Do. Extension
Load., Bright., & South Coast 50
Do. Consolidated Eighths... 30
to --
Do. Guaranteed 5 per Cent. 9 ~,.., 9
to
Do. Pref. Cony. 5 per Cent. 50 ......
to
Ditto, ditto 1852 50 .....
to
London and Greenwich... 12/.155. 4d...
Ditto Preference lBl 17s 2d...
London and North Western..loo ......150
Do. Quarter .....L. and B. 17 ...... _
......
Do. do. New ................2 71/i to
Do. do. Fifths