The Sun.
London, England, 1846-01-06 00:00:00

TUES-D A Y EVEN IN

-, JANUARY 6, 1846.

MONEY and COMMERCIAL NEWS.

CITY, QUARTER TO THREE.

The sules of Cotton at Liverpool yesterday were 6,000
bales. The market was steady, but without any animation.
Sales, 500 bales Pernam, at 514 d., to 534(1.; 400 Egyptian at
5%d. to 7d. ; 650 Surat, at 21/;d. to 33/Id.; and 4,500 Ame-
rican at 31/2d. to Gd. per lb. A considerable business was
done in Railway Shares at full prices.
The statement of the revenue has not disappointed the ex-
pectations of those who take a warm interest in such matters
as exhibit the prosperity of the country. The falling off
in the Customs most unquestionably is to be attri-
buted to two causes—one very generally under-
stood, the other not 3et alluded to. Perfectly true it
is, in the first instance, that the reduction and the
abolition of duties upon imports has made a serious
inroad temporarily upon receipt., but the great cause of the
diminution is to he found, as far as the last three months are
concerned, in the general apathy on the part of the commer-
cial interests to engage in new operations until some-
thing definitive is known with respect to the future
status of the corn-laws. Upon the whole, it is
considered in the City that the revenue returns
bears a satisfactory character, and a decided feeling is gene-
ral that there are good grounds for a relaxation of the in-
come-tax. The Premier, in the opinion of many, would do
well were he to limit the impost to those who have 500/.
a year and above, and not to the low sum of 150/.
Mr. Tuck, the compiler of the " Railway Shareholder's
Manual," gives us, in his seventh edition, a fair illustration
of the absurd apprehensions sought to be inculcated on the
subject of railway extension. The writer very justly states :
" But, were Parliament to sanction all the projects that
have complied with the standing orders, requiring 200
millions of capital, the country could carry the whole into
effect. without feeling the slightest symptom of exhaustion
or distress ; and should this be the case, we shall have
abundant opportunity to test the assertion, so pompously
put forth by the Times, ' that we cannot add 50 millions
of money to railway enterprize without the most ruinous,
universal, and desperate confusion.' It would be impossible
to complete these lines in a less period than four years, and
that would give an expenditure of fifty millions per annum.
Now, this country raises from its own population for Queen's
taxes, poor-rates, church-rates, highway-rates, county-rates,
and municipal imposts, a sum considerably beyond 100
millions per annum : it has been doing this for years,
vet no one infers that it cannot continue to do it for
many years to come. In this instance it takes from
productive labour by the expensive machinery of taxation
above 100 millions per annum, and distributes the amount
on unproductive labour, and yet we are gr vely told that
the country cannot expend 50 millions a year upon pr, ductive
labour without producing the most ruinous, universal, and
desperate co .tusion:
" It is no doubt true, that if the 50 millions were required
to be got together by any given day, some effect would be
produced on the country by the temporary scarcity of
money, as would also be the case if the 100 millions annually
raised by taxation were withdrawn from circulation, and
not let loose until the end of the year."
-.-ee,srted to-
day, and it is evident that the revenue returns inspire con-
siderable confidence. Consols have been marked 94% to 95
ex-dividend, and for time 94% to 95; special transfers
have been made to-day. Bank Stock has been steady at
204 to 4. New Three-and-a-Quarter per Cents have been
97% to %.
The Foreign Investments are very quiet. Spanish Five
per Cents. realize 29 to 1/8, and the Three per Cents. 43%.
Mexican have been at 31% ; Chilian Bonds have been at
983/4 to 99%; Belgian Four-and-a-Half per Cents. have been
97, and Dutch Two-and-a-Half per Cents. 60% to 611.
Railway Shares have been very firm again to-day, and
with a fair business doing.

ONE
PRICES OF BRITISII FUNDS. O'CLOCK.
Bank Stock
3 per Cent. Reduced 951/gx
3 per Cent. Consols Annuities 943/4 95
New 31/1 per Cents 97,41A%
Long Annuities toexpire Jan.lB6o 10 7-16 9-16
Ditto 30 years, Oct. 10,1859
India Bonds, 1,0001...
Ditto under 1,000[..
Bank Stock for Account... 204
Consols for Account
Exchequer Bills, 1,0001., I%d 2B 26
Ditto 5001.
Ditto Small

CLOSING
PRICES.
204%
95 t 4
943/4
97%
10 9-16
10%

9434

pm. 26
pm. 26
pm. 26

ONE
PRICES OF FOREIGN FUNDS. O'CLOCK
Brazilian Bonds
Chilian Bonds 6 per Cent.... •
Ditto Deferred
Columbian Bonds, ex Venezuela —
Mexican, 5 per Cent. 1837
Ditto, Account 31%
Ditto, Deferred .
Portuguese 5 per Cents.
Ditto, Account
Ditto, 4 per Cent
Ditto, Account
Russian Bonds 113%
Spanish 5 per Cent. 1840.
Ditto, Account 291/s
Ditto, Indemnity
Venezuela Bonds, 2 per Cent 431.
Ditto Deferred
Dividends on the above payable in London.
Belgian 41/2 per Cent ...... 97
Dutch, 21/2 per Cent .
Ditto Account
Ditto, 4 per Cent. Certificates
Ditto. Account

CLOSING
PRIC ES!

991/0
53
17 Its
313/4
1758

29%
65

43%

6034
611/8

964

PRICES OF BUSINESS DONE CLOSING
BAILW kY SHARES PAID' AT ONE O'CLOCK. PRICE:,

Aberdeen

•J
Aberdeen,Banff, & Elgin 2%
Armagh, Coleraine, and
Portrush l%
Aylesbury and Theme.. 1%
Belfast & County Down 2%
Bideford andTav &stock...
Birmin. and Gloucester. 100 l3Ol/Q
Ditto New 17%

Birmingham and Ox-
ford Junction
Birmingham & Leicester
Direct 42s. .— ...

1301/2

Boston, Stamfd, & Birm. 225. —
Bridgewater & Minehead 425. ...
Bristol and Exeter
Ditto, New
Bristol and Gloucester... 30 ...... 57 ... ..
Bristol and Liver. Junc . 21/2„....
Buckinghamshire
Caledonian
Ditto Extension ... .. 21/2 —
Cambrian & Grand Jane 42s
Cambridge and Lincoln 1% 3 %
Do. New
Cambridge and Oxford.. 1% — .. ....
Canterbury and Dover.. 1 A —
Central Kent
Chelmsford and Bury ... 1% l%
Chester and Holyhead... 15
Chester and Manchester 425.
Chelteaham and Oxford 2
Clydesdale Junction 5
Cork Blackrock, and
Passages
Cork and Killarney ... 21,4
Cork and Waterford ... 11/ —
Cornwall
Coventry, Nuneaton, 80.
and Leicester ll4 —
Dartmouth, Torbay, and
Exeter
llerby and Crewe —
Derby, Gainsbro', and
Great Grimsby ... 1%......
Derby, Uttoxeter, and
Stafford 2%...... ........ ......
Direct Manchester
(Remington's)
Ditto (Ra.strick's) 5 %......
Direct Northern
Direct Norwich ' 1
Dublin and Armagh
Dublin and BelfastJunc 5
Dublin, Belfast, and
Coleraine
Dublin and Galway..... 4
Dudley, Muddy, and
Broseley
Dundalk & Enniskillen 2%
Eastern Counties 141. 16s 2314.... ........ ...
Ditto New 61. 16s. PAN p
Ditto Perpetual, 5 per
Cent, No. 1. 6/.135. 4d.... p
Ditto ditto, No. 2... 4/. 133.4 d... p
EastDereh'm andNor'ch 1
Eastern Union 25 .. ..
Ditto, Quarter Shares 33/4 —
Ditto Extension
Do. Ipswich and Bury 4 —
Do. Exten'n to Norw'h 2%
Do., Carat). and Ely.. 2% ....„ _
East Lincolnshire
East & West of England 1%......
Edinburgh and Glasgow 50 .....
Ditto Half Shares ~. 5
Ditto, Quarter Shares 1214 ... -
Ditto, New
Edinburgh & Northern.. 114 •
Edinburgh and Perth... 3 .....• 5
Ely and Huntingdon ... 5 •••••• wit
Enniskillen and Sligo ... 2% —
Essex and Suffolk - ••• 1% —
Exeter. Dorchester, and
Weymouth
Exeter, Yeovil, & Dorset 23/4
Glouc.,Abeiystwith,and
Central of Wales 1%..... 114
Goole and Doncaster .. 425.
GrandJuuction ...100
Ditto Half Shares 5O
Ditto Quarters......... 25
Grand Union I% 2
Great Eastern &Western 21,x...... ......... ...
GreatGrimsby and Shef-
field
Great South. and West.
(Ireland)
Ditto Extension ...... 12% 2O
Great Munster 2% '-
Great North of Scotland 21/2...... ...... ....-...
GreatNorthof England-100 .218 220
Ditto New 5
Do. New .... .• ........ 2
Great Western BO 167
Ditto 1/2 Shares SO
Ditto 14 Shares 2% lBl ..
Ditto Fifths
Guildford, Fare'm,Ports. 5 ...
Harwich
(lull and Selby 50
Ditto i 4 Shares
Do. Half Shares 2 —
Inverness and Elgin 1
Ipswich, Norwich, and
Yarmouth 2 - •• •........ • •
Irish North Midland l%
Isle ofAxholme 25% 3
Killarney Junctions lf4
Kendal and Windermere 1%
Lancaster and Carlisle... 30
Larne, Belfast, and Bal-
lymena
Leeds and Carlisle
Leeds and West Riding
Junction
...... ••
Leicester & Birmingham 225. % p...... •
.......
Leicester and Bedford... 225.
Leicester and Tamworth 42s — .
Liverp. and Manchester.loo „.
Do. % Shares
De. Quarters 25 ......
Liverpool & Leeds Direct 2% .. .. i% 1A
Lpool., Mncl atr, & New- • i.
castle Junction . 21A --
..... ......
London and Birminomloo Wm*

84
8
57

iIA P
151 h

3 1/4

11/s
1714
A, cis

41,4
21/2

231%
P

314

1%
2% P

221/2
20

167
94
18%

27/8

%P
1/4 P

Do. Thirds
Do. 14 Shares
Ditto Fifths
Ditto Eictension ...... IV, —
Lo-ithin and Blickwall. 161. L S. 4d..-
Do. New -
Ditto Extension .„ 3 ......
Loudon and Brighton
Do. consolidated Bths... 40
Ditto, Fifths
London and Croydon, 131. 15s. 9d. 23
Do. Guaranteed 5 per
Cent.
Lon., Chel., 0x.,G10., and
Hereford
London and Greenwich 12115 s 4d...
Do. Preference ...18117s 2d 23
London Hounslow, and
'Western
Lond. & S.Western 411 6s 10d 7B
Do. New Consol. Bths 20
Do. New
Do. New
London & South Essex 23/4 .....
cndon and York 2% 43/4
London and Windsor ... 1 -
London, Warwick, and
Kidderminster 2% ......
London, Salisbury, and
Yeovil ...... ......... .. 21,4...... 23/4
Londonderry& Coleraino 5 ...... ...
Londonderry and Ennis-
killen
5
Lynn and Ely
Lynn and Dereham 5 —
Manchester and Leeds... 76
Ditto % Shares - ....... ...•
, Do. Quarters
Do. Fifths 1 . •-• 13 14
Do. Sixteenths ..... ••• VA
Manchester and Biimin. 40
Do. Quarters .. 4 ...... 11
Do. New Quarters ... 2
Do. Continuation and
Welsh Junction ...... 1% 1%1% ...,
Manchester,Buxton,and
Matlock 42s. 3 23/4 p
Manchester, Bina., and
Mould Junction ..... —
Manchester and Rugby
Direct
Manchest. &Southampt. 2 ....• 3%3/4
Midland... 100 ... .. ... ..
Do. Fifths 2
Do. New
Midland, Birm., Derby...loo
Midld. & East. Counties 2%...... ,
Midland Great Western
(Irish)
Do. Extens. to Sligo... 23/4 —
Newcastle and Darling-
ton Junction
~..,.. ic,.. nranctimg 2U - ....... •••
Newcas:h and Berwick 10
Newcastle and Carlisle...loo
Newport& Abergavenny 2%......
New Ross and Carlow.. 22s
Newry and Enniskillen 2% - ••
Newark, Sheffield, and
Boston .. ..
Norfolk Extension 2

• ---
~ 9%

..
~ 683/4

••
.. 23

• • • ......
... 78

.•• --
... 19

, . . 4 1/4

234

17 14

.••• 1%

- 23/ 13

,•• M dis
~.. 33/4

30

• • 314

North British ... ..... 172...... .. ......
Do. Half Shares
...„
Do. Exten. to Carlisle 114 3l/i 3...,, ~
Do. Ext. to Dalkeith 25
Ditto ditto
North Devon... 2 ... ... ...... • ••••
North of Norfolk ......... 23/4 — ••• ••••
Northern and Eastern... 45 -
Do. Sent)
Do. Quarter Shares... 12% — ....
Do. New
N. Kent & Direct Dover 2% 3 Vs •• •
North Staffordshire 42s. ...... 41/g 4 p
North Wales
North and South Wales
and Worcester
Northern and Southern
Connecting
Norwich anti Brandon... 16 - • ..
Ditto New 3 —
Northampton, Banbury,
and Cheltenham
Nottingham and Boston 1%
Not tingm., Erewsh.Val-
ley, and Manchester... 1% —
Nottingham and Mans-
field
Oxford, Gosport, Ports-
mouth,
& Southamptn 425. —
Oxford, Worcester, and
Wolverhampton
Oxford, Witney, and
Cheltenham.~
Perth and Inverness ... 21/2
Pilbrow Atmospheric ... 1 _,....
Portsmouth Direct ...... 33/4 4%
Preston and Wyre - •••• .. •••
Do. % Shares
Reading, Guildford, and
Reigate
Richmond 5 —
Rugby, Derby, and Man-
chester . ... .
Rugby and Huntingdon 2
Rugby, Leamington,azd
Warwick
Rugby, Warwick. and
Worcester....
Scottish Central
7,-,1,1z —•• . ..... .
Scottish Midland o •• •
Do. Extension l5
Sheffield & Manchester 100
Do. Quarter Shares... 8
Shrewsbury and Birm... 2% — . ..
Shropshire Mineral
Shropskire Union
Shrewsbury & Hereford 2%
Shrews., Wolverhamp.,
& S. Staffordsl.. June. 21/2
Sligo and Shannon IN
Somersctshire Midland 2% — ..... ... ~
South Devon... 25
South Midland 42s.
South & Midlands June. 425...... ...
South Stafford shire June. 2% — ...... ....
South Eastern & Dover 3312 s 4d 40%.
Do., No. 1 l2
Do., No. 2.
Do., No. 3
Do., No. 4
Southampton, Manches-
ter. & Oxford Junction 42s —
St. Alban's, Hatfield, and
Hertford Junction ...
Staines and Richmond... 1
Staffordsh. & Shropshire 23/......
South Wales 2%.....
Taw Vale Extension ...
••• •• ..•••
Tean and Dove Valley 1% IV%
Trent Valley 5 ..... .
Trent Valley and Holy-
head Junction
Tring, Reading, and
Basingstoke
Ulverstone and Furness 21/2
Vale of Neath .. .. 2 • 4 ......•...
Warwick & Cheltenham 1%
Warwick and Worcester 425.
W aterford and Kilkenny 3 —
Waterford and Limerick 7% -
Waterld,Wxfrd,Wicklw,
and Dublin
W aterford, Wexford, and
Valentia
Waveney Valley ... 2 - ......
Welch Midland
West Cornwall
West Yorkshire
_ _

71,

56

4 p
OA

West London,Old Shares 20
West End and Southern

-

16
1%

... 434

....• ----
2

..... 16

1,, ••• ..
. ••• 5

o •• • • •••••
o • •••• 401/2

......
11
13
4%

Counties
Wexford and Carlow ... '2lh • ..........

Wisbeach and St. Ives... 2 - —•
Wilts, Somerset, and
Southampton
Wilts, Somerset, & Wey-
mouth
Worcester,Hereford,Ross,
and Gloucester 42s. ...... ••.
Worcester, Tinbury, and ,
Ludlow 2% .
Worcester, Shrewsbury,
and Crewe Union ..... 1%... — -
Worcester and S. Wales 425. -
Worcester, Warwick, and
Rugby
Yarmouth and Norwich. 20 — ..... ..••.
Ditto, New
York and Car1i51e......... 234
York and Lancaster
...2% — ......
...... .

3%

.•.• %

.. 4

.... i/2

York and North Midland 50
—.OOOOOOOOOOOO
DiEittiott;e%arbSohraor'e3 Branch.
2255 —
Do. Selby 3(l
89 8...
Do. Extension ...... .. 15
...... .. ...
FOREIGN RAILWAYS.
Anglo-Belgian... ......... 4
Barbadoes 1
Boulogne and Amiens... 10
... ......
Bordeaux & Mediterran. 2
Bordeaux, Toulouse, and
Cette (Mackenzie's)... 2..
Do. (Espelete's) - ...... .. ••••
Calais, Dunkrk, and West
Flanders
••..•• . .
Callao, Lima, and Pacific
Coast 1
..
..,, ~. .. ........
Central of Spain ...
Ceylon
Demerara 2% ... • •
Dendre Valley ....... .. .. 2 ••••••• IA ••••• •
Dijon and Mulhouse ..• 2 ...... —l. ......... . ,
Dutch Rhenish
East Indian ... ..... •••• ss•
Eastern Belgian Junctn. 21,/e
Fampoux & Hazebrouk 2
Great North. of France
Constituted
••
Great Paris aad Lyons 2 ..... ........
...
.......•
Great Western Bengal ss. —
Great Western Canada... 314 ...... _
Jamaica S.Mid. Junction 1 ....
Jamaica North Midland
.14
.. ..
Do. Extension......., .. 1 ......
Jersey ................. ... 1
ILouvain‘Ll3ra,
odnii
isda an 1 adKni
Ad
v, ~ J ...
..
... ...
_
Luxembourg... ........ .. 4
iagl en i°l ti li
a.. ...
..
..
..
22 . . —3 ...
...........
Mauritius .. .............. 1
Namur and Liege
North Jamaica 1
0..1i-ans and Vierzon ... 10 ...•••
Orleans and Bordeaux... 6
Over Yssel 4/ 3s 4d
Paris &Lyons(Laflitte's) A
Paris and Lyons (Gan-
neron's)
Paris
r i s & &
Lyons I . .
_,y
oo n
ss ,
((
sdCual on
Est)' ..;)
22 ... . .
......
Pa
Paris and Orleans 2O
Paris and Rouen ... ..... 20
Paris and Strasbourg
(Ganneron's)
Do. (Compe de L'Est) 2
Do (Avmard's)
Paris and-St.Quentin
Rouen and Havre ...... 18 ......
Royal worth of Spc .11 ... 2 ...... •. ...... .., „
Saml-,re and Meuse ...... 6 •••• C,41,4
Stu' ibourg and Bale ... 14
St,t)Laurenci & Atlantis ..... ..... --
.

~. 87
... 411 A

- ---
- 123/4

~, 2

1.

1

• 81/.

15

a%