The Sun.
London, England, 1847-05-01 00:00:00

awisEy and COMMERCIAL NEWS.
CITY, QUARTER TO THREE.
The Cotton market at Liverpool yesterday was steady,
et the previous decline. The business done was inac-
tive. Railway Shares were firmer, with a moderate bu-
siness doing.
The stock of cotton at Liverpool is 539,820 bales,
against 801,300 bales at this time last year.
The Share Market has participated in the rise in consols►
and buyers having more oonfidence, prices have rallied, in
some instances, considerably. The following are a few of the
principal sales of itailway Shares yesterday, by Messrs. La-
mond and Co.:—
Manchester and Southampton £0 15 6
Louvain all la Sambre
Derby, Stafford, and Worcestershire .... 0 9 6
Shrewsbury and Birmingham (A) 3 14 0
Manchester, Buxton, and Matlock. —..
South Yorkshire, Doncaster, and Goole 1 7 6
West Riding Union ... 4 9 0
Reading, Guildford, and Reigate.. „. 4 14 0
North Staffordshire

Great Northern

Buckinghamshire ...

Eaitern Counties, York Extension 5 8 0
South-Eastern and Dover, No. 4 4 18 0
North British, Extension ... 0 19 6
The debate in the Hothe of Commons last evening
upon the present condition of the money market, raised
upon the proposed vote for Irish railway extension,
has been read with very deep attention in all City
circles this morning. Those who have most cavilled
at the measures adopted by the Court of
Directors of ' the Bank of England, now are
more quiescent in their complaining. Notwith-
standing some show of complaint was made by
the Chancellor of the Exchequer at the conduct of the
Directors of the Bank of- England, the monetary and
mercantile interests do not blame them for delay in
putting on the screw until imperative necessity called
tor it. Had it been done earlier, the prospects of any large
supplies of flour or grain from the United States would
have been much damaged. As to the probable effect upon
our Money Market, by the very generally received
opinion that a fractional part of the masses of gold and
silver in Russia is to be laid out in our funds, a definite
opinion for future reference can scarcely be formed; but
there must be some relief afforded.
The Bank is certainly better able to accommodate its
customers, because last week its total liabilities were
reduced by 1,295,1851. The bullion was not much re-
duced, an.f the circulation was lessened, an object which
the directors have for some time been striving to accom-
plish. The worst feature is the great reduction in the
other securities, showing the diminished accommodation
to the trading community, but which we hope may soon
be reversed.
Notes issued £22,549,140
Decrease
Public deposits decrease
Other deposits decrease 879,290
Other securities decrease
Government securities decrease 560,500
160,680

Notes increase
Active circulation (not including
seven-day bills)
Decrease
The Funds have been unsettled to-day Consols opened
at 87i for Money, and have since been down to 87*.
Time bargains have been made at 88 to 81. Exche-
quer-bills have realis3d 2s. to 7s. discount. The New
Three-and-a-Quarter per Cents. have been 88i I. Bank
Stock is firm at 190.
There is scarcely any business doing in the Foreign
Market. Spanish Three per Cents. are 35, and Portu-
guese Four per Cents. 34. Mexican Stock has been
at 29. Dutch Two-and-a-Half per Cents. have been
25i.

bhares are looking better again, and there is an ad
vance in semal lines.
FUND:s.

ONE
O'CLOCK.
!tank Stock .. 190
Three per Cent. Reduced Annuities 86.,‘
Three per Cent. Console Annuities %
New Three-and-a-Quarter per Cent. Anne; 88%14
Long Annuities, Expire Jan. 8, 1860
Ditto. 30 years, Oct. 10, 1859
south Sea Stock ..
Ditto Old Annuities
Consols for May 27
. schequer
1.0001...
Ditto. Small

CLOSING
PR I( :ES.
150
86
8734
88%