The Sun.
London, England, 1848-07-01 00:00:00

MONEY and COMMERCIAL NEWS.
CITY, QUARTER TO TIIR!•:E.
The Cotton Market at Liverpool yesterday was quiet.
Sales 4,500 to 5,000 bales, and for the week 26,840
hales. Stock, 634,916 bales, against 437,140 bales at
this time test year. Railway Shares improved again,
and a good business was done at advanced prices.
The Bank of England return for the week to the 24th
ultimo prefients the same features as last week, and.we
need but -refer to the items and the comparison with the
previous week, here subjoined. An early further reduc-
tion of the rate of interest appears uow to b 3 almost a
certejnty.
:Notes issued
Increase
Best
Increase .
Public Deposits
Increase -
Other Deposits..
Decrease

27,536,565
183,720
3,400,930
3,981
6,600,957
689,263
8,853,600
303,781

Seven Day and other Bills
Decrease
Government Securities
Increase
Other Securities
Increase
Notes • 10,007,630
Increase
Bullion
Increase
Active circulation
Increase
Accounts of March 8, from Auckland, New Zealand,
state that Governor Grey had just returned from a visit
to the settlements at the Bay of Islands, Wellington,
Nelsen, Akaroa, Wangamir, Otago, and New Ply-
13:10r.th.
The following report of the Manchester Market has
been forwarded to us by Messrs. M'Nair, Greenhow, and
Irving:—
" Unnecessary though it may appear, continued allu-
sion to the existing state of matters on the continent of'
Europe seems to us to be unavoidable, whilst we recog-
nise in them the origin of a most destructive influence
upon the trade of this district, and believe that in their
continuance consists one of the main hindrances to-
wards progressive amendment. The recent calamitous
outbreak in France has, however, had no materially de-
pressing tendency, as most persons anticipated some such
catastrophe.
" Considering all the opposing causes in operation,
admitting the dull and inanimate character of the mar-
ket, but recollecting that June is a month of proverbial
inactivity, even in ordinary years, and that the interpo-
nition of the Whitsuntide holidays materially interfere
with and abridge the extent of transactions, we are glad
to have it in our power to present you with a more fa-
vourable report than what you may have been led to
expect."
Although a difficulty is experienced in getting dis-
counted any paper not first-rate, the funds are resorted
to at advanced prices, and the statement of the Chan-
cellor of the Exchequer concerning the reductions in
the national expenditure, has given a further impetus to
prices. Consuls have been $4 to 84. i, or nearly one
per cent. better than they opened yesterday morning.
Exchequer-bills are 375. premium. New Three-and-a-
Quarter per Cents. 85* to
There has been an active business in Foreign Stocks.
Spanish Five per Cents. have been quoted 114 to 12,
and the Threo per Cents. 21; to ; Portuguese Three
per Cents 15k, and Mexican 164 to 17. The advertise-
ments from the Portuguese Finance Agency respecting
the conversion of the bonds, and the cancelment of the
hypothecated securities has strengthened the market.
Dutch Two-and-a-Half per Cents. have beet. 42 to 424.
Railway Shares are all tending upwards, as the prices
below will thew.
131t1T1SH FUNDS THIS DAY AT ONE O'CLOCK.
(From the Official List.)
3 per Cent. Reduced Annuities 84% 85
New 34 per Cent. Ames. B5
Consols for Account
Exchequer Bills. 2 Ihd.
1,0001.

1,010,888

.
Ditto Advertised, June

PRICE OF FOREIGN FUNDS AT ONE O'CLOCK.
Dan:sh Bonds 1825, 3 per Cent 63%
Equador Bonds 174
Grenada, 1 per Cent. .
Mexican Bongs, 1846, 5 per Cent 1614
Ditto for the Account ..... 16% 17
Portuguese Bonds, 5 per Cent —
Ditto 3 per Cent l5l
Ditto 4 per Cent.
Ditto for the Account 17%
Russian Bonds. 1822, 5 per Cent 93
Spanish Bonds, 5 per Cent,lB4o
Ditto for the Account .
Ditto Passive Bonds 3% 3
Spanish Bonds, 3 per Cent 21%14 x d
Venezuela Bonds
Do. Deferred 4
Dividends on the above payable in London.
Dutch 2% per Cent.,l2 Guild 4214 42xd
Ditto 4 per Cent. Certificates
BUSINESS DONE IN RAILWAY SHARES AT ONE O'CLOCK
RAILWAYS. PAID. Pu SHARE.
Aberdeen
Amber., Notting.. Boston, &c 33/4 —
• Ayrshire and Galloway

Belfast and County Dawn .. 16 .. .. -
Birmingham & Oxford June... 20 -
Birmingham, Wol., & Dudley 10 ... .
Binning., Wol., & Stour Val. 121.45. ...
Birkenhead, Lancashire, and
_ Cheshire Junction lO

Boston, Stamf., & Birming... 5
to
Bristol and Exeter
Do., Thirds
Buckinghamshire... l4l. 4a.
Caledonian
Ditto, Half Shares
Ditto. Clydesdale Junction 50
Chester and Holyhead.... 421/ ..... —.
Ditto, Preference
Clarence.
Do., let Class, 6 per Cent lO
Do., 2d Class, 5 per Cent... 10
Do., Gov. Loan, 4 per Cent.' 10 - ...... to .-
Direct London & Portsmouth 5% to
Dublin and Belfast Junction.. ,30
Dundalk and Enniskillen ... 173( ......
East Anglia, 251. L. & E.,
mid L. & D
Ditto, 181., E. & H. ls
Ditto, 31. 10s, E. & H...
_3% — ...... to

Eastern Counties ....
Do. New Guarant. 6 per lA. 21h to
.._

Do.Perpet.,s per ct. 11.0. 1,6/. 13S-. 4d...
Do., d 0....... N 0.2,61. 13s. 4d...
Do., Northern & Eastern... 50

Do., 5 per cent. -
Do., Quarter .... . ...... - -
Do., New
Eastern Union, Claas A (late
E. U. Shares)
Ditto, ditto, Class A, ditto 1 - to -
Ditto, do, ( lass B (I. 4is B) 171 - to -
Ditto, do, Class C, ditto... 17% - to -
Ditto Scrip (gua. 6 per ct.) 10 . - -
Ditto, ditto -
Ditto (C. & E.), 5 per ct. 2%..... -
East Lancashire
Ditto, New .. ........... .... . 17 - ..... to
Do., New Quarters - -
Do., 6 per Cent. Preference
Quarter Share. 24 ... .. - -
East Lincolnshire 2O %...... - -
Edinburgh and Glasgow 5O ...... 44 -
Ditto, Halt Shares - --- -- - ... to -
Ditto, Quarter Shares ' 12% - to -
clinburgh and Northern ... 25 - -
Ditto, New ..... ... ..... ...... 63i -.. .... to --
Ditto, New port l3 ...... - ...... to
Ditto, ditto, New ••• 3%...... - ...... to -
Exeter, Yeovil, & Dorchester 2% _
...... to -
Ditto, New - -
Glasg., Dumfries, & Carlisle-8/. 63.8 d... - -
Glasgow, Kilmarnock, & Ayr 50
Ditto, New - -
Do. Preference Consolidated 15 .-.- ..... to -
Great Northern l5 5% x. int. to -
Do. London & York Exten. 21,8 ...... to -
--
Gt. South. & West. (Ireland) 40 - -
Great North of England 100 ...... - ..... to -
Ditto, New 401. l5 ...... -- -
Ditto, New 301. -
Ditto, New 15/......... ...... 11%....... - 'to -
Great Western 9O ...... 87 -
Ditto, Halt Shares 5O ...... 49 -
Ditto, Quarter Shares 174 ...... 15% Nt... to -
Ditto, Fifths 2O ...... - -
Do. New 17/. 934..... 7% to 8
Huddersfield and Manchester 26 .. ... - to -
Ditto, Thirds 9 ...... - -
Hull and Selby 5O ...... 99
Ditto, Hall Shares .
Ditto, Quarter Shares 12% - to -
Lancaster and Carlisle.... ... 50 - ...... to -
Do., Thirds lO ...... - -
Lancashire and Yorkshire ... 93 - . ..... to -
Ditto, ditto - - ... to -
Ditto half Shares ., -43 ...... - ...... to -
Ditto Quarters -
Ditto Fifths -
Ditto Sixteenths ........... 04 - ..... to -
Ditto Thirds (Reg.) - ...... to -
Do., New Guar. 6 per cent. 21%(s 2% to -
Do. Liverpool and Bury... 43
Do. ( 'Judders. and Shelf.) 38
Do., Wakefield, Pontefract,
and Goole 5O - -
Do., West Riding Union... 6 .... . - -
Do., Preston and Wyre ... 25 - to -
Do., do., Half Shares (A) 9% - to -
Leeds and Bradford - -
Leeds,Dewsbury,& blanches. 471,/e -
Do., Half Shares - to -
Ditto, Blue (scrip) .. 2% - to -
Leeds and Thirsk .......»..... 45
Ditto, New - ..... - 30 . .... - -
Do., do., Prefer., 6 per Cent. 3%. .... ..- „„ to ~..
Liverpool. Crosby, andSout h-
port. - -
Liverpool, Manchester, and ...
Newcastle J unction ...... -.. 2% - ...... to -
Ldon /36 Blackwell ......131.65. 8d -
on ew,No. 2 6/. 13s. 441.... --. -
D 0.31% 31 to 31%
..... 22% - ..... to _
Eighths...thCoast 5400
...
..
DittEo xiCtension
ConsolidatedLoDndo..,l3ri
to -
Do. Guaranteed sper Cent. 9 ...... _
......
to
..... g htSu
Cent. 50
D. Pref. Cony- 5 Per --- - - ... to -
Ditto, ditto ...........1852 50 ..... _ -
Do., Nevi, guar. 6 per cent. 2 ...... DA... -
London and Greenwich... 12/.15e. 4d... - -
Ditto Preference . ..181
17s 2d... - ..»., to -
......
London ec North Western.....loo l2l _ ... to 122
Do. Quarters (L. and B.) 22 - to -
DI. New ............... 2 - to -.
Do. Fifths ...... ,.. ......... 2 ..... - -
Do. 40/. Shares....
1..& M 20 ...... - -
Do. 10/. ... M. and 13. (A.) -7.2.... . -
--
Do. 10/. .. M. and B. (3.) 712 - to -
Do. 1N... M. and B. (C.) I

(
London and S. Western..

50 -

Ditto. New
.. 421/2-- •••••• to
Ditto, New 404.... ... 34 .• ••• -
Do. Tenths s (Consolidated) 50 .•••••

Do. Tenths (Consolidateds 40 ...... ..„. F,_ to
Ditto, Thirds .............. 10 ...... -
London, Salisbury, & Yeovil 1%
......
Londonderry and Coleraine... 27% — to