The Sun.
London, England, 1847-06-08 00:00:00

The Fearless steamer and the Emerald cutter were,

understand, both under weigh not far from the plundered
vessel at the time, but could not distinguish her in conse-
quence of a thick haze which then prevailed and also from
her being close under the high land of Achill Island.
RELATING TO THE 'MEDUSA AND THE MANLEY.

A dispatch has been received at Lloyd's from the Foreign.•
office, inclosing a copy of a dispatch from her Majesty's Consul
at Manilla, datel 10th March, 1847, reporting the loss of the
British merchant ships Medusa, from Liverpool to Chins, in
the Bay of Lampong, on the Pacific coast of Manilla ; and
the total loss also of the Manley, from Lombock to Macao,
on a reef off Point Montufar, in lat. 13 7, and long. 24 7,
about four miles from the shore. The master states that the
reef is not laid down on the charts, nor stated in Horsburgh's
Directory, though near a common passage for vessels passing
through the Straits of Bernardino.

MARKET NEWS.—(THIS DAY.)
/my MARKETS
SMITRPIELD.--Meadow Hay, 215 s to 3/ 153; Clover ditto,
3153 to 4/ 15s; and Straw, 1/ 6s to 11 103 per load. Supply
tolerably good, and trade dull.
CUMBERLAIM.—Meadow flay, 21 8s to 31 175; Clover
ditto, 3153 to 4/ 14s ; and Straw, 118 s to 1/ 13s per load.
Trade dull at the above quotations.
Wiirracx,u.m..—Meadow flay, 21 5s to 3/ 15s; Clover
ditto, 31 5s to 41183; and Straw, 1/ G 3 to 11 12s per iota
A full average supply, and a heavy demand.
COLONIAL.
SUGAR.—A fair business has been transacted in British
Plantation, about 840 hhds having been disposed of, including
some Barbadoes by auction,
which chiefly sold from 42s 6d
to 48s 60 for mid to fine yellow, being again rather lower
for the Barbadoes, but the transactions privately are at steady
prices. The public sales have oflered 7,989 bags Bengal,
which only partly sold at is decline on the previous rates,
Benares fine and very tine white, 48s to 51s, and low 445.
' per cwt. The quantity of British Plantation landed last
week at the East and west India Docks was 561 hlids 32
tierces 3 barrels. There were taken for home consumption
1,324 hhds 114 tierces 322 barrels. The stock in the same
places is 12,389 hhds 1,257 tiercesl3,224 barrels.
COFFEE.-596 bags Plantation Ceylon went 2s to 3s
lower, and Coloury 53s to 56s 6d ; for fine ord Pale, 47s 6d to
495; and Pea Berry 55s to 56s per cwt.
Rum.—The quantity landed last week at the East and
West India Docks was 553 puns 235 hhds. There were
taken for home consumption, 105 puns 41 hhds, and ex-
ported 83 puns 11 hhds. The stock in the same places is
9,929 puns 1,940 hhds.
RICE.-4,G80 bags 1,450 pockets Bengal were chiefly dis-
posed of on rather easier terms.
SALTPETRE --550 bags Bengal brought steady prices,
per cent. refraction 29s per cwt.
Srlcits.-1,050 bags Malabar Pepper only sold at a re-
duction of %d per lb.
TA LLONN'
.---P.1%(% is 50s 3d to 50s 6d on the spot, and
Town 51s.

TEA.—The market is quiet, but the deliveries for con-
sumption are rather large.
Carrox.--There ie a moderate demand.

O, SUNS' e, 1847.

MONEY and COMMERCIAL NEWS.

CITY, QUARTER TO THREE.
The Cotton market at Liverpool yesterday was steady,
but not so active. Sales 4,000 bales, with a good sup-
ply. There were 2,300 bales of American at 6d. to 7d.
and 1,000 of Surat at 4d. to sd, per lb. Railway Shares
were at about previous rates, with a moderate business
doing. There was no particular movement.
The steam communication with the American conti-
nent appears likely, from the preparations making, to
become much more frequent than hitherto, and there
will be some competition between the American and
English companies. The new Oceanic line will ere long
be in operation, and it is presumed that the port of
Southampton will not only have its southern
trade developed, but likewise participate in the
American trade, and supply various important
foreign articles of consumption by means of
continuous lines of railway,. not only to the manufactur-
ing districts, but even to the more northern parts of the
United Kingdom. In this respect much will depend
upon the tariff of charges established by the railway
companies. As we mentioned on a former occasion, the
coasting trade must suffer, but for this we really see no
alternative, and the just course will be to relieve the
shipping interest of some of its burdens.

The state of the Corn Market yesterday has had
rather an unfavourable effect upon the general tone
of business, and it is on every side regretted that such
fluctuations occur, as there is a constant anxious watch-
ing of the prices of food. The large number of vessels
on the voyage here will probably occasion a very decided
reaction w hen they arrive.
The Funds have rallied a little upon the quotations of
yesterday afternoon, but there is quite a lull as regards
speculation. Consols have been 878 to 88 for present
transfer, and 88i 1 for time. The New Three-and-a-
Quarter per Cents. have been 888 I, and the Three per
Cents. 864 A. Bank Stock has been steady at 195.
Exchequer- bills have been marked 3s. to ss. premium.
The Foreign Investments have continued in a very
quiescent state. Spanish Five per Cents, have been
218, and Portuguese old -Bonds have receded to 79k.
Russian Stock has been quoted 109 f. Dutch Two-and-
a-Half per Cents. have been 581, and the Four per
Cents. 89k.
Railway Shares have been very inactive, but as nearly
as possible at previous quotations.

BRITISH FUNDS THIS DAY AT ONE O'CLOCK
(From the Official List.)

Bank Stock .. • • • • • • • 195
Three per Cent. Reduced Annuities • . 86N %
Three per Cent. Consols Annuities .. • • 87% 88
New Three-and-a-Quarter per Cent. Aims. 88% % %
New Five per Cent. Annuities . . • .. 118
Long Annuities, Expire Jan. 5, 1860 .. 9 1-16 8 15-16
Ditto, 30 years, Oct. 10, 1859 .. 8%
Consols for Opening, July 10 • • .. 88%14
Exchequer Bills. 13/4d. 2d.
1,000/. .. .. • . 53 p
500/. .. • ... 89 6 p
Ditto, Small .. 8 12 p
PRICES OF FOREIGN FUNDS AT ONE O'CLOCK.
Portuguese Bends, 5 per Cent. 79%
Russian Bonds, 5 per Cent .. .. 109%
Spanish Bonds, 5 per Cent. --
Ditto, for the Account .. • . 21%
Dividends on the above payable in London.
Dutch Two-and-a-Half per Cents. 5814
Ditto, 4 per Cent. Certificates 894
Ditto. Bonds .. . 89%
BUSINESS DONE IN *RAILWAY SHARES AT ONE O'CLOCK

RAILWAYS.

PAID. PER SHARE.
Aberdeen .. • • • • • • • •• 35 .. •. 29 .... to
Birmingham and Oxford Junction .. 10 .... 16%.... to
Birmingham, Wolver., and Dudley • • 10 .. • . 1414 .... to
Caledonian • . .. • • • . • • 35. .... 29 .... to
Eastern Counties .. . • .. 20 .. 19% %%% to
Ditto, York Extension • • • • 7% .... 6% .... to
East Lancashire .. .. • • .. .. 17 .... 15%.... to
Ditto. New .. .• • • • • • . .... 6%.... to
Ditto, ditto, New Scrip .. 114 . . 1% .... to
East Lincolnshire • • • • • • 6% •• • • 7% to
Ely and Huntingdon • • • . .. 15 .... 1314 .... to
Great Northern .. . • • • .. .... .... to
Great Southern and Western (Ireland) 30 .... 23% .... to 23
Great North of England .. • . .. 100 •• • .231 .. •.to
Great Western .. .. • • .. 85 .... .... to
Ditto, Quarter Shares .. • • • • 12% • 17 .... to
Ditto. New .. .. 4y6. . . . 814..., to
Leicester and Bedford 16s. % die. to
Leeds and Thirsk .. • • • • • • 26 .. • • 19% to
Liverpool, Blanch, and Newc. Junct. 2% •• • • % to
London, Brighton, and South Coast •• 50 -. 52%.. •• to 53%
Do. Pref. Convert. 5 per cent. .. 50 .... 52% .... to
London and North-Western • . • • .. 100 ....176 .... to
Ditto, 10/. Shares .. M. and B. (A) 5 .... 10%.... to
Ditto, 101. Shares .. M. and B. (C) 1 .. • • 6% • • to
London, Oxford, and Cheltenham 2 ... to
London and South-Western 411. 6... 10d. • • •. 65% to
Ditto, Scrip .. .. • • .• 5 .. • • 4%.. • • to
Lynn and Dereham .. • • • • 20 . .. 19% .... to
Manchester and Leeds ••• • • • 82 • • to
Ditto, Half Shares • • • • • • • • 38 .• • . 45% .. • • to
Ditto, Fifths .. • • • • .. 5 9 .... to
Manchester and Southampton .. • • 2 .• • • % •• • • to
Midland
Ditto, New • • • . • . .. 36 .• .. 3934% .. to
Ditto, New .. .. 6 .. • • 8% •• .. to
Ditto, Consol. Bristol & Birmingh.
6 per cent. .. .. • • .. • .100 ....127 .... to
Newcastle and Berwick .. .. •• 20 .... •••• to
Ditto, New • • • • • • • .. 5 •• • • 6% %•• to
North British • • • • • • .. 25 •• • • • ... to
Ditto, Quarters • . • • .. • • • 3% •• .. 4% 1i .. to
Ditto, Extension • • • • •• %•• .• .. • • to
Ditto, Thirds • • • • • . 1 .... 2% %•. to
North Staffordshire ..7%...•
_9%jy.. to

Preston and Wyre .. 25 .... 36 to
Shrewsbury and Birmingham (A) .. 33{ •• • • •• .. to
Ditto, ditto (B) .. 3 .... 2% .... to
Shropsnire Union .. .. • • 4 •• .. 2 •• .. to
south Eastern and Dover ..331.2x. 4d. 36 4 .. to
West Riding Union .. .. .. 4/. 2s. •• • • %1,4 dis .to
West Cornwall .. .. 4 .. • . 2 .. ••to
York and Newcastle .. •• 25 •• .... to
Ditto, Preference .. .. 4 .. • • 6% •••• to
York and North Midland •• 50 .... 8454.... to 853(
Ditto. Preference .. .. • • 6 • . 14% %..to --
FOREIGN RAILWAYS.
Boulogne and Amiens .. • • .. 20 .. • • IOA to
Northern of France • • ~ .. • . 8 .. • • 11% .... to
Paris and Lyons
JOINT-STOCK BANKS.
British North American .. • • .. 50 .. 44% .. ••to
London and Westminster .. .. 20 .... 26% .. to