The Sun.
London, England, 1846-01-13 00:00:00

,VIONEY and COMMERCIAL NEWS.

(From The Sun of Last Night.)
The sales of Cotton at Liverpool on Saturday were 6,000
bales, including 2,000 on speculation. The market was very
steady, and prices were firmly supported.
The statistics of almost every article on which the duty
has been lessened, contrast favourably where bearing upon
consumption, with the returns relative to articles which re-
tain the previous high impost. Undoubtedly if the revel Is
would permit, tea, in justice to the Chinese nation ;:ght to
lie lightened of its enormous burden, though the first consi-
deration necessarily must be the better arrangement of the
food laws. If encouragement were needed to persevere in
duty reductions, the calculations of an experienced party in
the City, to which we take the first opportunity of returning,
will surely afford it. They refer to sugar:—
Imported into the United Kingdom—
British plantation 225,000 toms
Foreign free 1ab0ur...... 6,500
Deduct exported 1,500......

5,000 „

Total... 230,000 „
Showing an excess of imports this year of 23,000 tons.
Delivered for home consumption—
British plantation..
Foreign free labour

Total 250,000 „
The stock on hand in the 'United Kingcom, on the 27th
Dec.!mber, Re estimate at 35 000 tons (foreign free-labour
included), showing a deficiency of about 10,000 tons.
The advantages derived from the reduction in the duties
are now manifest.

The importers have found their market of sale increased
by 25 per cent., and their outlay in cash for duties decreased
by 40 per cent.
The trade, grocers, refiners, and dealers have had an in-
crease of business of 25 per cent., and been enabled to con-
duct it with a smaller amount of capital and risk than here-
tofore; and the public have been supplied with sugar Id. to
I I/2d. per lb. cheaper than in former years, a saving in the
aggregate exceeding 2,000,0001. to the consumers.
There is rather a flat market for Stocks in the absence of
extensive sales or purchases, and the impression that
although the Government broker may be a daily taker of
the funded and unfunded debt, the railway companies
which bought in at a lower range will be sellers,
serves together with political contingencies, to re-
press any tendency to buoyancy. Consuls have been
94%% for Money, and are now 94►/2%. For time the latter
quotations have been current all the morning. On Ex-
chequer-bills the premium is 28s. to 30s. The New Three-and-
a-Quarter per Cents. have been 98 to 97%, and the Three
per Cents. 95 to 95%. Bank Stock is worth 205 to 206,
being relatively better supported than the other securities.
Money is easy, and there seems to be no particular demand
for it.

The Foreign Bonds are a little brisker, but they do not im-
prove in value. Spanish Five per Cents, have been 281/2 to
28:!4, the Three per Cents. 39% to 38i9, Spanish Deferred
It will be seen therefore that the Three per Cents.
have just given way j to per cent. Mexican
Bonds have been quoted 301/2 to 30S/4 fur the Five per Cents,
and 161/2 for the Deferred. Peruvian have been marked
, Grenada 22, and Chilian 991/2. Dutch Two-and-a-
Half per Cents have realised 60%, and the Four per Cents
95S to 95.
or Railway Shares the demand is rather slack, and prices
rather " flag again. The desire to press sales, however, is
not very manifest.

oNE,
PRICES OF BRITISH FUNDS. O'CLOCK.
Yank Stock
3 per Cent. Reduced 951414
3 per Cent. Consols Annuities 94A14
New 314 per Cents
Long Annuities to expire J an. 1860 10 7-16 9-16
Ditto 30 years, Jan. 5, 1860 lOll
Consols for Account... 943/4
Exchequer Bills, 1,0001., 154 d BO 28
Ditto 5001.
Ditto Small
oXE
O'CLOCK

CLOSING
PRICES.
205

97%
10 9-16

94F9
pm. 28
pm. 30
pm. 28
CLOSING
PRICES

exicEs OF FOREIGN FUNDS
Brazilian Bonds
Ditto, New, 1829 and 1839......
Chilian Bonds 6 per Cent........... 991/4
Equador Bonds
Granada Bonds, 1 per Cent. 22
Mexican, 5 per Cent. 1837 —
Ditto, Account 3Ol/23A
Ditto Deferred 16%
Peruvian Bonds, 6 per Cents
Ditto Account
Spanish 5 per Cent. 1840
Ditto. Account 283/
Ditto, Passive
Ditto, Deferred ... 17%
Ditto. 3 per Cent —
Ditto, Account 39% 38%
Venezuela Bonds, 2 per Cent 42
Dividends on the above payable in London.
Dutch, 212 per Cent .
Ditto. 4 par Cent. Certificates 9:5% 95 95
MICE:, OF PAID. BUSINESS DONE CLOSING
114 IL V' tY SHARES AT ONI: O'CLOCK. I'ItICI.
Aberdeen
Aberdeen,Bantl, &Elgin 214 ......
Armagh, Coleraine, and
Portrush l% —
Aylesbury and Thame.. 1%.
Belfast & County Down 21, —
Bideford andTavistock... 1% -
Bimini and Gloucester. 100
Ditto New 171,4 31.1, ..... ......
...

. _
Birmingham and Ox.- --
t'ord Junction
Birmingham & Leicester
Direct 42s
Boston, Stamul, & Birm. 225.
Bridgewater & Minehead 42s —
Biistio nio.l Exeter 7O
Ditto, New
Bristol and Gloucester... 30 ......
Bristol and Liver. June . 21/,....:.
Buckinghamshire
ah-tioniati
Ditto New 2% 334 4... ..... ..
Ditto Extension ... 2%.•
Cambr:an & Grand Junc 42s ......
Cambridge and Lincoln 1% ••••••
Do. New
Cambridge and Oxford.. 13% — ... ....
Canterbury and Dover.. 1% —
Central Kent
Cbelinsford and Bury... 1% ll4 ,
Chester and Holyhead... 15
Chester and Manchester 425.
Cheltenham and Oxford 2 ...... .
Clydesdale Junction 5
Cork Blackrock, and
Passages
Cork and Killarney ... 2%
Cork and Waterford ... 1% —
Cornwall
Coventry, Nuneaton,Bir
and Leicester IIA ......
Dartmouth, Torbay, and
Exeter
I;erby and Crewe —
Derby, Gainsbro', and
Great Grimsby ... 1% -
Derby, littoxeter, and
Stafford 2%...... ........ ......