The Sun.
London, England, 1846-08-19 00:00:00

MONEY and COMMERCIAL NEWS.
CITY, QUARTET TO THREE.
The demand for Cotton at Liverpool yesterday was mode-
rate, and prices were much the same. Sales 6,000 bales.
Shares were rather quieter, but the quotations did not vary
much.
The great importance of extended facilities for communi-
cation is ev deuced daily by the extraordinary growth of
cities and their increased trade. The American towns are
special examples of this, and with railways and•steam navi
gation in England we can show a parallel. It is mentioned
in advices from the United States, that—
" The Western Railroad, connecting Boston with the New
York improvements, and thereby with the great west, was
opened in 1841. The increase of that city since, in wealth
and population exhibits some astonishing results. In 1841,
the valuation of property in Boston, real and personal, was,
in the aggregate 98,106,606 dollars. The year following it
amounted to 106,633,300 dollars ; and in 1844, the gross
valuation reached the aggregate of 111,450,300 dollars.
" Here, in a period of three years, an increase is shown
of more than 20,000,000 dollars ; and, what makes it the
more remarkable, it is an advance of 21 per cent., or one-fifth
on the original valuation.
"Within three years after the opening of the Erie canal,
the city of New York increased about thirteen millions of
dollars, which was an advance of 1:2•2 per cent. on the
valuation of the real and personal property of the city.
"In connexion with these statistics, the Albany Argus
refers to Edmund Burke's account of the European settle-
ments in America, written in 1757, eighty-eight years ago.
There are in all the provinces of New England,' says Mr.
Burke, ' large towns which derive considerable trade.
Boston, the capital of Massachusetts Bay, is the first city
of New England, and of all North America; it contains at
least 20,000 inhabitants.'
" Since that sentence was written, although Boston has
increased in population more than four-fold, she is no longer
the chief city in America. With a population of 375,000,
not to include Brookly, with its 40,000, the City of New
York has become the commercial emporium of the Western
Continent. Eighty-eight years ago, New York had not
20,000 inhabitants. In a few years she will, with her ad •
juncts, number half a million."
Intelligence of June 16 has been received from the Cape
of Good Hope. The Kaflirs had at last received a signal
proof of their inferiority in close combat, Colonel Somerset
and his force having defeated them with great loss, as is
supposed; though the advices by this opportunity are not
by a direct arrival from the Cape, but by a vessel which
brings the news from St. Helena.
There is not the least alteration in the value of the Public
Securities, and in the absence of activity, the market looks
tolerably firm. Consols are 95% 3/4 for present transfe:., and
953 i for time. Exchequer-bills have been quoted 103. to
13s. premium. Bank Stock is firm at 209. The New Three-
, and-a Quarter per Cents. bring 97% to 98.
The Foreign Securities are for the most part neglected.
Spanish Five per Cents. realise 251/2 3/4, and the Three per
Cents. 36%; Mexican are heavy at 2-211 A ; Brazil Bonds are
, quoted 891/2 ; Dutch Four per Cents obtain 9534 %.
The Share Market is quiet, and prices generally are steady.
BRITISH FUNDS THIS DAY AT ONE O'CLOCK.
'(From the Official List.)

Bank Stock .2 .. 209
Three per Cent. Reduced Annuities .. 96!. 96
Three psr Cent. Consols Annuities • • .. 95
New Three-and-a-Quarter per Cent. Anus. 98 97%
Long Annuities, Expire Jan. 5, 1860 .. 10 5-16 %
Ditto, 30 years, Jan.s, 1860 .. 10 1-16
South Sea Stock .. • • .. • • •• • • .7„..

Ditto, Old Annuities
Consols for Account ..
gxel.equer Bias.
1,000/. .. •.
5001. .. ..
Ditto. Small

.. 95%
1 d.• • 45:Cf.
- -

_
• 13 —— pm
•• • • 10 13 prn
•• 10 14 pm.
PRICES OF FOREIGN FUNDS AT ONE O'CLOCK.
Brazilian Bonds, 5 per Cent • • • • 89%
Equador Bonds •.• • • • • • .. axe
:Mexican Old, 5 per Cent •
Ditto, for the Account
Spanish Bonds, 5 per Cent. • • ..
Ditto, for the Account • • • • 25% %
Do., 5 per Ct., '3B, 9, 40, div. 1840
Ditto, 1846 .. • • • • • • 19
Ditto, Three per Cent .. • • •• 36%
Dividends on the above payable in London.
Dutch Two-and-a-Half per Cents.
Ditto, 4 per Cent. Certificates .. 93% %
BUSINESS DONE IN RAILWAY SHARES AT ONE O'CLOCK
RAILWAYS. PAID. PER SHAKE.
Aberdeen • • • • • .. .. •• 15 •• • • 8% ••.. to
Amber., Notting., Boston, & Eastrn Jn. 2% .• • . 2 .. .. to
Birmingham and Oxford Junction • • 2 •• • • 5% G.• to 5%
Bristol and Exeter .. • • .. .. 75 •• • • 86% .... to
Caledonian • • .. •• 20 .• 15% .... to
Ditto Extension .. • .. 2% •• • • 1% .. .. to—
Cambridge and Oxford . • • • •• 1% •• • • % to
Cornwall . • • • • • .. .. • • 5 •• • • 1% •• .. to 1
Cornwall and Central Devon .. 2% •• • • 1% .•.. to
Eastern Counties • • •• .. 14/. 16s. 00.• • 23% %exd. to
Ditto, York Extension .. • • 10s. •• • • 2%14 .. to
Eastern Union • • • • • 30 •• • • .. to
Ditto, Extension to Norwich . • • • 2% •• • • 2 .... to
East I.incolushire .. • . • . I%• • • • %%.. to --
Edinburgh and Northern .. .. 10 .... .. • to
Ely and Huntingdon • • • .. 7% .. • • 5% to
Great Southern and Western (Ireland) 25 28% % .; to
Great North of England .. . • 100 •• • • .... to
Ditto, New .. • • .. 1%.... 18%.... to
Great Western • • • • .. 85 .. • .149% x, dto
Ditto, Quarter Shares • • .. 10 •• • . 23% 24 to 23 x d
Ditto, Fifths .. • • .. .. 20 •• • 33% xdto
GuildtOrd, Fareham, and Portsmouth 5 •• • • 5% %..to
Leeds and Bradford .. • • .. 26 ••.. 69 .... to
Leicester and Bedford 225. .... / dis. to
Leicst., Tam., Bir., & Trent Yal. June. 425. .... %% dis. to
London and Brighton . • • .. .. 50 •• .. 63% xdto
Ditto ditto Fifths • • • • . .. 30 ••• • 42 •••. to --
London and Croydon • • .. 13/. 15s. 9d. •• • • 233 s .. to
London and North Western • . ..100 .... 208% .. to 207 ex all
Ditto ditto New Shares • • .. • • • 16 p• • . to --
London and South-Western 411. 6a. 10d. 74 .... to 76
Ditto, New Consolidated Eighths • • 40 •• .. 57 •• .. to
Ditto, New .. • • .. 17% •• •• 27 .... to
London and York • •• • • 2% •• .. to
Ditto, Half Shares • . • • .. 2% .... .. to
Manchester and Leeds . 82 ....116% .... to 117
Ditto. Quarter Shares • • .. • • 2 .... .... to
Ditto, Fifths .. 3 .... 11 .... to
Ditto, Extension 425. • ... p.. to
Manchester and Southampton .. .. 2 .• to
Midland •• —lOO ....141 ,to 140
Ditto, New • • • • .. .. 24 .... 37% •• • • to 37
Newcastle and Darlington Junction • . 25 .... 421 i .. to
Ditto. New .. 1 11% to
Newcastle and Berwick .. 15 .... 28% •• .. to
Norfolk .. 20 . • • 3,%.... to
Ditto, Tenths .. .. • . . .. 2 •• .. 2% .. to
Ditto, Extension .. • • .. .. 2 .... 2% .. .. to
North I.lritish .• •• •. •• 25 ...• 39 .... to 38%
Ditto, half Shares • • .. 8% 14% %.. to
Ditto, Carlisle Extension • • .. 1% .... to 4
Northern and Eastern .. .. • • 50 •• . • .... to

:: 22y,

239 D tto, New • • .. .. • • .. 1 •• • • 21%.... to
North Kent and Direct Dover .. .... 1% • • to
North Staffordshire • • • • .. 425. .... 35• y pto
Northampton, Banbury, & Cheltnam. 2 ... 1%.... to
Oxford, Worcester, & Wolverhampton 12% •• .. 8 .. ~. to
Freston and Wyre • • • • •• .. 25 .... 35% . to
Richmond •• • • • • • • •• • • 10 •• .. 19 •... to
Central .. • • •• 1234 .... 19% 3% to •
Ditto New • • • • • • • • 2%.... 9%.... to
Shrewsbury and Birminharn .. 2%.... 3 .... to
Shropshire Union • • • •• 425..... %% dis. to
South Eastern and Dover • • •• .. 33% .... 44 .... to
Ditto, New. No. 1 • • • • • • .20 . 25%.... to
Dittc„ New. No. 2 • • • • .. 12 ... 17% . to
Ditto, New, ;No. 3 • • • • • • • • 15 •• • • 19%.... to
Ditto, New, No. 4 •• • • • • •• 234 •• .. 334 %.. to
South Wales .. - • • • • • .• .. 5 .... .... to
Vale of Neatly .• • • • • • • • • 2 .... 1144 .... to
Warwickshire and London .• 425. dis.. to
Waterld., Wexfd., Wicklow, & Dublin 1% .. 3y .... to
Welsh Midland .. • • • • • • • • 2% •• • % .... to
West Riding Union • • • • • • • . 425..... 33f1 p.. to
York and Carlisle • • • • • • .- • • 23 14.... to
York and North Midland • • .. •• 50 .... to
Ditto, Half Shares • • • • • • •25 .... 45 .... to 63]
Ditto, Scarborough Branch .. • • 25 .... -45 .... to
Ditto, Extension • • • • • • .. 20 ••• . 39 38% to 39
FOREIGN RAILWAYS.
Direct Bombay and Madras .. 55..... 1M .... to
Dutch Rhenish • • • • • • • • •• 6 .• • • 6% .• .. to
East Indif.n .• • • • • • • • • .. ss. .... %14 .. to
Northern of France Constituted .. 5 . . 1244 .... to
Paris and Lyons Constituted • • 5 .... 534 %.. to —•
Sambre and Meuse • • • • • • • • 8 .... 4% o
`Vest Flanders • • • • • • • • • • 6 .• • • 4 .. • • to
JOINT-STOCK BANKS.
Provincial of Ireland .. • • •• 25 .... 47% .... to