The Sun.
London, England, 1848-08-03 00:00:00

MONEY and COMME R.CIAL N 1: DV S•
CITY. QUARTER TO 'HIRER.
In the Cotton Market at Liverpool, yesterday, the
sales were 4,000 to 5,000 bales, of which 1,000 were on
speculation. The market closed tamely but steadily.
Railway Shares were very dull, and there was no im-
provement in prices.
The state of the weather is exciting much remark, and
no small interest among all City men, although the
barometer still encourages the hope that we are about to
have a cessation of rain. Three or four weeks of fine
weather would have a wonderful effect upon confidence
generally, and, indeed, supposing continental affairs do
not become more threatening, is almost the only thing
we want to give an impulse, and to start us in a career of
future prosperity.
A letter from Ireland, with au extract from which
we have been favoured, states that when Mr. Smith
O'Brien was in Cork he was remarkably cautious,
showing no outward symptoms of madness, or even
rashness, such as is stated to have seized upon him.
Except as respects the collision in Tipperary, there is
stated to have been as little appearance of rebellion
in the south of Ireland (Cork) as there is in London.
Upon the foreign news received to-day our City
politicians and speculators are arguing with considerable
animation. The majority are certainly inclined to the
opinion that the Freneb Government knows too well the
extreme danger of interference in Italian affairs to afford
aid to Charles Albert, while the latter is much more
likely to treat with the Austrians who have no desire to
retain Lombardy, than to call for the aid of doubtful
allies.
The intelligence from the United States does not se em
to be ♦ery interesting. Money was somewhat scarcer,
and stocks were lower in consequence. The demand
for sterling exchange was active at 9,1 to 10 premium,
and the steamer brings a good deal of specie.
The Canadian accounts describe the crops generally as
being good, though the weather in the Upper Province
had been rather too dry. Potatoes promised well, and
new potatoes were in the market, more abundant, and
better than usual. At Bathhurst frost had done some mis-
chief, and in Lower Canada there has been instances of
potato blight, though the Montreal Transcript of July
11th states that the country was " perfectly lovely," and
that on all sides there were most excellent accounts of
the crops. The Corn Market had been tolerably firm.
The following is part of a report by Messrs. Wilkin-
son and Jewesbury, of London:—
" The commercial markets during the latter part of
the past month have been more steady than for some
weeks previously. Exporters have purchased much more
freely, and prices, which had given way considerably,
are firmer; the importations of produce have continued
large, and the markets have been well supplied. There
appear to be symptoms of returning confidence, and
were it not for the unfortunate position of affairs in
Ireland, prices would doubtlessly have shown a consider-
able improvement.
" The accounts from the manufacturing districts con-
tinue favourable—the number of hands out of employ,
as also of mills working short time, are both diminished;
the Woollen trade has much improved since our last,
there being many large orders in course of execution,
which will afford regular employment for some time to
some.

"In the Money Market capital continues abundant;
the rates for first-class paper are from 2} to 3i per cent.
according to date ; for other securities 4 to 7 per cent.,
and money at call 2 per cent."
A very little business has been transacted in the Funds
anday Consols have been 861 to 87. The New Three-
s--Quarter per Cents. have realised 87 to 871, and
the Three per Cents. 861 to 87i. Bank Stock is worth
1;. to 3
94:it0175.98. Exchequer-bills of June have been quoted
premium. The weather has occasioned the
reaction, and induced the Bears to sell on. Some diffi-
culty is now experienced in surmising even how the
account will turn out.
The Foreign Securities are still quite neglected. Mexi-
can are 171, but the accounts from the Republic are not
encouraging. Brazilian small bonds are at 69. Dutch
Two-and-a-Half per Cents. have realised 434 to 44.
Railway Shares are flatter this morning, and have
been done at reduced prices, although the transactions
have not been large.

GVE CLOSING
PRICES OF BRITISH FUNDS. O'CLOCK. PRICES.
Bank Stock
3 per Cent. Reduced Anna 86% 87 863/ 8714 8614
3 Per Cent. Consols Annuities B6l %87 86%
Now 314 per Cent. Anne....
Lone Anne. to expire Jan. 1860
• Ditto, Oct. 10, 1859 .....
India Bonda, 1.0004
Ditto nil& r 1,0001... .....
Consols for Account 863/ % 87 86%
Exchequer Hills. 2%c1. & 2d.
1.0001. March — 41 p
1,000/. June 34 37 p 37 p
500/. June 36 34 p 34 p
Small, March .. .• •• 40 p
PRICES OF FOREIGN FUNDS. CLOSING
PRICES.

ME
O'CLOCK.

Brazilian Bonds Ditto, Small Small 69
Buenos Ayres Bonds, 6 per Cent 2l
Mexican, 5 per Cent. 1846 -
Ditto, Account
Spanish 5 per Cent. 1840. -
Ditto. Passive
Ditto, Deferred
Dividends on the above payable in London.
Dutch 2% per Cent., 12 Guild 4338 '4% 431/
PRICES OF in, BUSINESS DONE CLOSING
RAILWAY SHARES. PA-- 'AT ONE O'CLOCK. PRICES.
Aberdeen 5O ...... 22
Amber. Nott., Boston,
and Eastern Junction 334 ..... -
Ayrshire and Galloway.. 2% -
Belfast & County Down 16
Birmingham and Ox-
ford Junction .......20
Birmingham, Wolver-
hampton, and Dudley 10
Birming.,Wolverlepton,
and Stour Valley 121. 4s ... -
Birkenhead, Lancashire,
and Cheshire Junc 10 ..... • - ••• • ••• ..... •
Boston Stamfd & Birm 5 -
Bristol and Exeter B5 -
Ditto, Thirds -
-
Luckinghanahire... 141.4 x. -
Caledonian
26 25t/es.Ditto Half Shares .. 8%
Chester Ditto,Clydesdale June 50 -
and Holyhead... 47% -
Ditto Preference- 15 ...... -
Clarence
-
Do.. tat Class, 6 perr
Ct.
Ct. 10 -
DO. 2d Class, 5 per Ct. 10
Do. Goveratnent Loan,
4 Per Cent.
Direct London & Ports-
Dublin
mouth -
and Bet Juno. 30 ...-
Dundalk & Elfnniasskillen 17% -
F.a.st Anglia, 25/., L. &'
E. and L. and D...... 25 ..... -
Do., 18/., E. Sr H.-. 18 -
~., Do., 3/. 10s. - .. ..••
4aatern Counties-. ..... 20 ...... 14%8/4 ... •••
Do. New Guaranteed
' 6 Per Cent.
Ditto,Extension,s per
Cent., No. 1......6/. 13s. 4d....
Ditto ditto, No. 2...61. 13s. 4d...
Do. North. & Eastern 50
Do., 5 per cent. -
Quarters •i........ 12% - ••• ....... " •
"Dn. New - - ...23 -
&astern Union, Class A
(late E. U. Shares) 25 -
Ditto, ChM A, ditto... 1
Ditto, Class B (L &
and B. ) .. -
Ditto, Class C, ditto... 17%. •••• -
Do. Scrip (6 percent.) 10 --
-- - • •-•-
Ditto, ditto
Ditto (C. & E.) guar.
5 perncash ire cent...". ......
251 - -
.••
East La
Ditto, New -
• Ditto, New Quarters 6%..• ... ..
-
1)0., 6 per Cent. Pre-
-
ference Quarters ... 2% ...... -
East Lincolnshire •••••• 23 - ••• .. -
Edinburgh and Glasgow 50 .. - -- •
Ditto, Half Shares ... 15 - .. - .... -
-
. Ditto, Quarter Shares 12%...... -
EdinburghandNorthern 25 • -
Ditto, New.. 614 -
Ditto, Newport l3 - -
Ditto, ditto, New 33/4. .... - -
-
-
Exeter,Yeovil, & Dorch. 2-4
Ditto, New• -
Glasgow, Dumfries, and
Carlisle ..... ..... -8/. 6s. 8d.... --_
Glasgow,Kilmar., & Ayr 50 ..... . - -
Ditto, New ... .... 40 ...... - -
Do. Preference Consul. 15 - . ..... •• . ••• -
Great Northern -
Do., London and York 2%...... - -
Great South. and West. '
(Ireland) - -
Great North of England.loo •••••• - -
Ditto, New, 401 l5 - -
Ditto, New, 30/ 3O -• -
Ditto, New,151... ...... 114-* •• - - ...... -
Great Western 9O ..... 87 86% ..... ... 861,42
Ditto, IA Shares
Ditto, ii Shares
Ditto, Fifths.. 2O - .. ......... ...
Ditto, New 171........ 13 ... - -
audderafield and Manch. 28 - -
Ditto, Thirds - -
Hull and Selby ........50 •••••• - -
Ditto, Half Shares ... 25 ...... - -
• Ditto, % Shares -•••-• • • ..... - Lancaster and Carlisle 5O ...... - -
Ditto, Thirds • 10 - -
Lancashire & Yorkshire 93 - Ditto, ditto - -
-
Ditto, % Shares ...... 43 ... .. - •••••• ---•- Do. Quarter Shares... 17% - •••-•-••••• -
DO. Fiftlas.... ........ ... 9
Do. Sixteenths 61,4 - -
D,,,a• Thirds (Reg.) l3 • ••• -
L'o• New,Gua. 6 perct. 2% 3% 3%
-
. De. Liverp. and Bury 43 -
Ditto % (late Hial-
.
„,.‘ derstield and Slieff.) 38 - •• •• ••• .....
ua•(Wakefield,Ponte-
-
tract, and Goole) ... 50
-
DO.( W. Riding Union) 6 ..... -- ... ......... .• -
0. (Preston & Wyre) 25 ~.... 35
/4 Do. % Shares (A)... 9%. - -
, (teas and Bradford
1•.4,(15, Dewsbury, &c.... 50 ...... - -
Do•+ Half Shares 221/2 - Do„ (blue) Scrip...... 2% - ... -
--,
Leeds and Thirak -
Ditto New
......
....... 30
- ••• •••
L. -
. Do" Yrefer., 6 per Ct. 3%...... - -
verPool, Crosby and
Southport . l, 2
Li'verP, M.anchestcr, and - ... -
3
„ Newcastle Junction... 2% - -
London & Blackwall...l3/. 6s. 5d.... - -
Lon 1•10. Extension ". 22%.... - ...... _
Extension
Brighton. and
, South COLtAt 5O ...... 30 1/2 94 % ...... ... 30%
' -1-',O. Consol. Eighths 4O ...... - ...• ... ....... -
"0. Guarient. 5 per et , 8 ...... --

22%
1414

14%