The Sun.
London, England, 1848-05-15 00:00:00

MONE Y and COMMERCIAL NEWS. London &Blackwell. -13/. 68.8 d.... ----,
CITY, QUARTER TO THREE. p
•• • -,
sgio.i oloai .Enst 2ot
Eighths.
: .
.a
.1.
ghths6d/.
21308.
40 ...4d.... 1% dis
i ; txo h New,BrCo Ni
In the Cotton Market at Liverpool on Saturday the-
sales were nearly 5,000 bales. The market was steady. Loki )io loo:. on
cn so
50
Less business was done in Railway Shares, owing to D
•••• ••••••• ...... •
the settlement of the Account, and prices had rather a Do. Guarant.s per et-, 9 ...... -
tendency to decline. Do. Pref. Con. 5 per et . 50 .. ... - -
There are no ship arrivals with late colonial or foreign Ditto, ditto-- 185'4: 50 -
news, but the advices by the continental mails engross- LoDnltotno,apndreGferreeennewe.i.c.hi!.lB2l/1175:24dd
.._- ...............
London and N. Western 100 l34_ 132
undivided attention, and, in many respects, are as con
f,ioit.t.Qo2uNaretwers (L.& B.) 22
dieting as ever. The prospect of an early settlement of
the Danish question is now considered to be better, and
Prussia is expected to be more inclined to
Dpoit.t4°ol.Sifthtes-(1..111......) 2220 .....-
814
. *****
- ---
listen to an accommodation since Russia and Sweden,
in addition to England, are inclined to advocate the Do. 10/. (M. & B.) A. 7% 9%
rights of Denmark. The injury done to the commerce Do. 10/. (M. & B.)13. 71,4......
of Germany, notwithstanding the considerate raising of Do. 10/.. (M. & B.) C. 1 .....
the blockade of the Elbe and the Weser, is as likely to Loud. &S. Western
promote a speedy adjusment as any argument, remon- Do. New 50/. ..
strance, or mediation. Do. New 401
DittoD
.o . Tent h.
dittos (...0
.0..n..5. !L .j. 5034 .... .. - ..... . . . . ...
At Hamburgh, last Friday, money was easy. The
40 - .••.•• ***** •••
exchange on London was 13s. 6id., being one schilling
Ditto, Thirds - 10
higher than per previous reports. London Salisbury, and
The Corn Market is very quiet to-day, and prices are y .0\ ?
•Ii ..... .. . ~.... 1 %...... -
maintained for Wheat and other articles, although the Londonderry&CUle.rsine 27%. - •••••
weather is so fine. The supplies, generally, are scanty, Londonderry- and Ennls- "
as from the Baltic ports there can be very little expected killed 25 ...... - ... ..... .....
just now. Lowestoft (4 per et.) -
The following report upon the state of the iron trade, Ditto (6 per ct.) -
is from Aria' Gazelle, received to-day :- Manchester,Buxton,and
"In the early part of the fortnight, a considerable Matlock 4
movement took place in this trade. It became known Manchester, Sheffield,
and Lancolnshire-100 - ••• •• .........
that the Shropshire houses had been induced to submit
Do. Quarters (No. 1) 13 . - ... •••
to abatements, in consequence of the rates at which con- Ditto ditto (No. 2)... 25 - ••
tracts for rails had been taken, added to the very low Ditto ditto (No. 3) ... 71,4 - ......••• ...
prices of Welch and Scotch iron generally. It was also Ditto, New 10/. Pref... 71,4 - ..
reported that the monthly circular of Lord Ward's agent Ditto, Gt. Grimsby ... 30 -
has notified a similar decline. Ditto ditto . - -... 9 - •••••. ........ •
"The aspect of political affairs on the Continent ap- Ditto ditto - ...... .......
peared to be daily growing more gloomy, and the ac. Ditto Sheffield and
....- ......... -
counts from our colonial and American connexions were Lincolnshire lO «•... -
anything but cheering. Under these circumstances, it Do., Manchester and
Do., Grimsby Dock l5 -
became.untenable. Pressing engagements also in many
Lincoln Union..... 41.25. - -
instances required to be provided for, and a disposition Manchest. & Southampt. 2;4 - -
to sell was dine induced, particularly among pig- midland
...... 100 ......105 103 10314
holders, amounting to almost a panic, of which Do. Consolidated Pref.loo -
many of the manufacturers dependent upon purchases Do., do., 501. Shares... 15 ...
availed themselves to recruit their exhausted supplies of Do. Birm., and Derbyloo
metal. Considerable quantities of Staffordshire pig aeConsol.Bristol and
were sold during the week, and, we are sorry to say, Birming., 6 per et. -.100 ......118
some at unwarrantably low rates; one sale was mentioned
Ditto,
Brist. & Glocstr. 36 ...... -
.
at 555. per ton. Manufactured iron, also, was negotiated
Ditto, ditto ..87gw .an- - 111.35. 6d... -
to some extent at a decline, and abatements to a greater Ditto,Leieest.
nington, 8 per ct.guar.loo -
or less per centage to avoid countermands, have been Midland Great Western
conceded upon progressing contracts. The pig trade, Irish -
however, has been most severely affected; and thus con- Middlesbro' and Redcar,
firmation has been given to our previous remarks, that 6 per cent. guar. .... 50 -
over-production was the danger,most imminent, and that NewcastleandCarlisle...loo - ...
the resumption of produce, without a correspond- Do. Quarters 25 - •
ing revival of demand, would be found a se- Newmrket &Chesterford 18% - ........
rious obstacle in the way of improvement. Al- Newport, Abergavenny,Do. Extension .........21. 125.... -
though matters seem to have rallied a little
and Hereford
during the last week, and quotations have become con- Newry and Enniskillen 7 -
siderably more firm under the increased demand, still ......
Newry, Warrenpomt,
great confusion prevails, and business is being transacted, and Rostrevor .. 15 -
even by those who enjoy the most favourable situations Norfolk .......... .......... .100
and circumstances, upon terms that afford no compensa- Do. New 201. -
tion either for risk or amount of capital employed.' Do. Extension -
The English Funds have been very fiat again to-day, Do. Guaranteed 514pc. 5 -
and there is a further decline in prices, although the Do. do. Waveney Val. 2 -
business doing is extremely limited, and scarcely any Northern Counties Union 4 -
speculation is going forward. Consols have been 83 to North British ........... 25 -
83
Do.1)o. Quarters 6l .+ for transfer and time. The New Three•and-a- - ....•••••
Quarter per Cents. have been 82i to i. Bank Stock6lA4 5
Do. Extension
is not higher than 189 k, and India Stock has been at
232. Exchequer-bills have been 38s. to 41s. premium, Ditto Thirds 3
North & South-Western 2 .. -1%
and Indian Bonds 21s. to 235. premium. North Staffordshire 12% • ••• •••••• •• ......
...... 974 10 .......
In the Foreign Market the dealings have also been North Wales - .
unimportant. Spanish Five per Cents. have been at a North Western 7% - --
decline to 121 and 114 ; and the Three per Cents. at Oxford, Worcester, and
214 ; Portuguese Four per Cents. have been quoted Wolverhampton ...... 40 ... - ... .. ..
17 ; and th old Five per Cents. 69k to 70. Mexi- Reading, Guildford, and
can Stock is worth 15} to 154 ; and Brazilian, 69. Reigate -
Russian Bonds have been at 85 to 85k. Royston and Hitchin -1% --- ..... .. ..
Scottish Central
This is " ticket " day in the Share Market, and the Scottish Midland 25 -• ••••
- .
passing of the names of parties who intend to take their Ditto, New ......... ..... 10 - ........
shares has engaged chief attention ;in fact scarcely Sheffield, Rotherham, .....
any other business is doing. Prices rule much the same and Goole (Nor. Div.) 5
as on Saturday, but there is rather a disposition among Do. do. (Sou. Div.) 2%...... -
the public to hold on, or buy, than to sell. Shrewsbury and Birra... 8
ONE CLOSING Ditto ditto. Class B. 5 -
.RICES OF BRITISH FUNDS. O'CLOCK. PRICES. Shrewsbury and Herefd. 2 ...... -
Bank Stock
3 per Cent. Reduced Anns .. 81%1 811,( (Nor. W. Min.)
3 per Cent. Consols Annuities B3l/2 83 831,i 83% Ditto Halves ... ditto 8 ...... - ..... ........
New 314 per Cent. Anna.-- -
Long Anns. to expire Jan.lB6o ••• 81,4 9-16 8 9-16 Ditto New
Ditto 30 years, Jan. 5, 1860.... 8 11-16 8 11_16 Do. 8 per Cent. Pref 8
India Stock 232 232 Shropshire Union
India Bonds, 1,0001. - .... ..... .....
Ditto under 1,000/. . ....... ....... - 24 p Do. Preference - •••• •••• ••••
Consols for Account ..... ...... .. 83111 83 83% South Staffordshire 5% - ....... .....
Exchequer Bills. 2id. & 3d. South Eastern - ...
1,000/. June 3B 41 p 46 p Do., No. 1 24
1,0001. March ...... ........... 44 41 p 41 p Do., N 0.2.
500/. June ... 38 p 38 p Do., No. 3 . ......„.. 20 ...... -
5001. March .. 44 p 44 p Do., No. 4
Small, June -
... ••••••
Small, March
OISE CLOSIN 0 caster, and Goole 3 -
PRICES OF FOREIGN FUNDS. O'CLOCK. PRICES. Swans. & Loughor & Ca-
Brazilian Bonds - ••• •
Do., New, 1843 . ......... ...... 69 681,4 68 Taw Vale Extension ... 6 - ••• ••• ..... •••
Mexican, 5 per Cent. 1846 1514E 151,8 Thames Haven Dock
Ditto, Account 153/ 1534 and Railway .... ..... 1.71/2•••••• -
Peruvian Bonds, 6 per Cents - 36% Vale of Neath ... .. 4 -
Portuguese 5 per Cents. 69% 70 70 Waterford and Kilkenny 151., -
Ditto, 4 per Cent l7 17 Waterford and Limerick 40 - •••
Russian Bonds -
Spanish 5 per Cent. 1840. - and Dublin ....... .. 3 ..... -
Ditto, Account l2l/s 11314 1134 Wear Valley 6 per Cent.
Ditto 3 per Cent 2114 214 Guaranteed ... .. ...... 4234.-- -
Dividends on the above payble in London. Do. do. do. ... 25 -
Belgian 414 per Cent .., - 593 Z, West Cornwall 6 ... .....
Dutch 21,4 per Cent., 12 Guild.... - 4134 Whitehaven & Furness 11 -
Ditto. 4 per Cent. Certificates - 63 Windsor, Staines, and
PRICES OF BUSINESS DONE CLOSING South Western ..... ... 7 ....
RAILWAY SHARES. PAID. AT ONE O'CLOCK. PRICES. Wilts, Somerset,& Wey-
Aberdeen 5O - - ......... - •••
Amber., Nett., Boston, York, Newcastle, and
and Eastern Junction 314.-- - - Berwick. -
Ayrshire and Galloway.. 2% - - Do. Original New and
Belfast & County Down 1414 -
Birmingham and Ox- Do. Extension No. 1. 15
ford Junction .... ... 20 - - Do. do. No. 2. .. .. 10 -
Birmingham, Wolver- Do. G.N E.Preference 8 ....„ 9 8%.....
hampton, and Dudley 10 ..... - ... - York and North Midland 50 - •• • •••
Birming.,Wolverh'pton, Ditto, Preference ...... 10
and Stour Valley 121. 4s ... - ••• - Do. East and West Rid-
Birkenhead, Lancashire, ing Extension
and Cheshire June.... 734 ••• • ••. ..... • - FOREIGN RAILWAYS.
Boston, Stamfd & Birm. 5 -
20 and Amiens - Boulogne
Bristol and Exeter
55N 6. •
Ditto, Thirds ... 25 - - Central of France (Or-
Buckinghamshire.- 12/. 4s. - .. leans and Yierzon) ... 16 -
Caledonian
Demerara
Ditto, Half Shares .. OA - ...
- Dendre Valley 4 Ditto,Clydesdale June 50
~-.„ , Direct Bombay and
-
Chester and Holyhead-. 42% -
Ditto, Preference l5 ...... - .
- Dutch Rhenish ......... 7 ...... .... -
Clarence - - East Indian 314 - ...... - .... .
Do. Ist Class, 6 per Ct. 10 - - Great Indian Peninsular ss. -
Do. 2d Class, 5 per Ct. 10 - - Italian and Austrian. ... 4 ...... -
Do. Government Loan, Louvain it la Sambre ... 6 -
4 per Cent. - Luxembourg
Direct London & Ports- Madrid and Valentia... 2 ...... -
mouth - ... "" - Namur and Liege lB .. .. -
Dublin and Belfast June. 25 ...... - - Northern of France...-. 10
Dundalk & Enniskillen 1714 - - Orleans and Bordeaux 6 ...... - ... - ...... -
East Anglia, 251., L. & Over Yssel 413 s 4d..-- -
E. and L. and D...... 25 •••••• - - . -, Paris and Lyons lO ..... -
Do., 181., E. & H.... 18 -
Do., 31.105.
Paris and Rouen ..., 2O -
Eastern Counties........ 20 - ••• ..•.......•
Do. New Guaranteed
~, Rouen and Havre
6 per Cent. - ..... ...... ...
Ditto,Extension,s per Strasbourg and Basle -
Cent., No. 1......6/. 13s. 4d.... - - Tours and Nantes .. 8 ...... -
Ditto ditto, No. 2-64 13s. 4d... - Tournay, Jurbise, Lan-
Do. North. & Eastern 50 - - den, and Hasselt ...... 16 -
Do. Quarters -
Der New 23 - - West Flanders
-
Eastn Union ... 50 - - JOINT STOCK BANKS.
Ditto, Quarter Shares 12% - - London & Westminster. 20 - ......
Ditto, Third5........135.4d.. .... - - Union of Australia -
1)o. (guar. 6 per cent.) 10 ...... - . .... ..
..... _ London Joint Stock lO -
Ditto, ditto -
East Lancashire -

LLOYD'S SHIPPING-(THIS DAY.)

Ditto, New
Ditto, New Quarters 614...•..
East Lincolnshire
Edinburgh and Glasgow 50 ......
• ••
Ditto, Half Shares ... 15 .. .. — ,•••,•
Ditto, Quarter Shares 12%......
Edinburgh and Northern 25 —
Ditto, New.. 614 — ,„•,,,,,,,,...
Ditto, Newport l3 - •••
Ditto, ditto, New
Exeter,Yeovil, & Dorch 2% - ..... ••-•••••
Ditto, New
Glasgow, Dumfries, and
Carlisle - 6s. 8d....
Glasgow,Kilmar., & Ayr 50 ..... . ....
Ditto, New .. .40
Do. Preference Consol. 15 - ••••••••• t •••
Great Northern
Do., London and York 2%. _.
...
...
Great South. and West
(Ireland)
Great North of England 100 ......229% ..............
Ditto, New, 401
Ditto, New, 301
Ditto, New,ls/ IIIA .. •••••••• .....
Great Western 9O ... .. 95
Ditto, IA Shares
Ditto, 1/:1 Shares ...... 17% 164% ...... .
....
Ditto, Fifths.. ....... ... 20
Ditto, New 171........ 9%..... 81/2 •
Huddersfield and blanch. 26 .
Ditto, Thirds
HullD itat
on,dnSelby s h
a.r.e5....... ..
2550 ............
_9B 99
Ditto, 14 Shares
Ipswich & Bury St. Edm. 17%....•. .. ••••..••••••
Do., do., and Norwich 17% — •••••
Do., do., Extens. Scrip
(late Camb. & Ely) 2%
Lancaster and Carlisle... 50
DDDtp
oiioittli...tttoeoolQ:,s,
jutfi(litaie',hiritsstieroinr.idlra. Thirds
e.11.5.5...r...e...c.5.............):.
5411928043172
_—___.
-ancashire & Yorkshire 93
iofraSoeitx,4t e e(ni tal it se au d
1)0.
Thirdan:Raund Bur3r. 43614 ......
Do. Li, 3 eg.)..... 13 ..... 6 .... .........
Ditto ter!).
Do.(WAketield 1 heir.'
3 -
,_'on e
00l t--
Dl(,o7l.::hlainrgesec:l,):e.., 520
Leedsl.,e Ded°B.,(aDuPn
adrawei
tfsstsbroauinidrya&frojin..c3..::::...l)
,;!:,61,..., ,
..............
:__
0., (blue) Seri ....
-L.--
LeDDedos"and Th. k P.-""
45'4 .... : ... .. i 3 •
Ditto, New
Do., Prefer., 6 per t. 31' "' ..... """
LL iiSouthportvw ee rrPp °..slia Crosbyne
h.
e.
8. t.e.
r. . and.l.ln.d. 2 / ............ --.-- .......
"
••• ••
•••
N
• ewcaatle Junction-. 2%
... ... ....

LONDON, Dal 15.—Wind E.N.E., moderate breeze,
and fine clear weather.

DOTER, MAY 14.—Wind E.—Arrived Carminata,
Onaveill, Havannah, for Hamburgh ; Nayade, Arft,
Lajuna, for Hamburgh ; Creole, Dennarman, Rio Ja-
neiro, for Bremen. Off Port—Maria, Krasser, Monte
Video, for Antwerp; Robert Morrison, Dyer, Havan-
nah, for Antwerp.
FALMOUTH, MAY 14.—Wind E.—Arrived Bromo,
Dutch steamer of war, Batavia, and proceeded for
Helvaet; Columbus, Meyer, Havannah, for Bremen ;
Excellent, Stillstrom, Havannah, for Hamburg; George,
Lund, Monte Video, for Antwerp.
CHATHAM, M►Y 13.—Arrd. William Metcalfe, Clark,
Manzanillo.

RAMSGATE, MAY 14.—Wind N.E.—Arrd. Dolphin,
Shille, Monte:Video, for Bremen. Off Port—William
Russell, Gonteling, Bahia, for Hamburgh.
DEAL, MAY 13 AND 14.—Wind N,E. to E.N.E.—Arrd.
Canopus, Buchanan, Port-au-Prince, for Bremen ;
United Kingdom, Foster, Honduras. hid. Corinth, Ma-
tanzas ; Simon, Magnus, Berbice ; Persian, Savannah ;
Arrd. from the River and sld., Hapley, Buckland, Ade-
laide, South Australia ; Empress, New York and Bos-
ton ; Ranger, Bahia ; Bull, Charleston ; Agnes, Nas-
sau, Nova Scotia ; West Ihdian, Sydney New South
Wales ; Pilgrim, Sydney, Cape Breton.
LIVERPOOL, MAY 12.—Arrd. Manchester, Pernam-
buco ; Admiral, New Orleans. 13.—Broom, New Or-
leans ; Windsor Castle, ditto. Sld. Eliza, Killick,
Shanghae ; Joseph Anderson, Calcutta ; Siam, Manilla;
Mary Hounsell, Pernambuco ; Theresa Jane, Maran-
ham ; Pursuit, New York ; Milan. ditto ; Hibernia
(steamer), ditto ; Chancellor, Staten Island ; Jane,
ditto ; Elizabeth Bruce, Boston; Scotia, Quebec ; Lady
Milton, ditto. 14th.—Leonidas,: New York ; William
Nail, Staten Island. Off port, John Balls, —, with
loss of miz en topmast.
NOTICE.

RAISING OF THE DANISH BLOCKADE.
Hamburgh, May 12.
Sir,—The Board of Commerce (Commercium) has this
day published the following notice, agreeably to a noti-
fication from the Minister of Foreign Affairs, of the Bth
instant, to the Foreign Embassies at Copenhag*n.
It has been decreed by the Danish Government--
1. That, for the present, neither the Elbe nor Weser,
nor any other port on the North Sea, shall be blockaded.
2. That the blockade of the following ports, Pittau,
Danzig, Strabund, Rostock, and Wismar, shall be raised,
from the 16th of May ; that, consequently, only Kiel,
with the mouth of the Schleswig Canal, near Holtman,
and Sweinemunde, shall remain under blockade, but that
the blockade shall, from that day, comprise the three
months of the order, viz., Wolisob, Ssinemunde, and
Bameni Carnmin. . . _

In order to prevent misunderstandings, which,(to the
regret of the Danish Government, have occurred on the
part of the commanders of the ships of war, who, in
giving too wide an interpretation to the blockade, hale

:9's'~y~U~; 3~