The Sun.
London, England, 1848-08-26 00:00:00

MONEY and COMMERCIAL NE WS.
CITY, QUARTER TO 7 lIREE.
In the Cotton Market at Liverpool yesterday, the sales
were 4,000 to 5,000 bales. Taking the whole week the
trade has been quiet, and prices have been rather in fa-
vour of buyers.
The Railway Share Market at Liverpool was better
yesterday, more business having been done at fuller rates.
The Bank of England weekly return to the 19th inst.
is important, and presents greater 'changes than might
have been anticipated. The withdrawal of private ba-
lances was still in progress; and, as before remarked,
under this head, probably on account of harvest pay-
ments, as well as to providt for purchases of foreign corn.
The amount of the precious metals was diminished to a
greater extent than was expected, and so far confirms
our view, that there has been more disposition of late
to speculate in foreign grain. The Government deposits
are rising to an amount which looks more " respect-
able." The general business of the Bank has been
slightly increased:—
Notes issued 26,763,645
Increase 69,720
Rest . ... 3,608,790
Increase
•••• 3,348
Public Deposits 4,545,098
Increase
Other Deposits 8,575,809
Decrease
Seven Day and other Bills
Increase
Government Securities
Other Securities
Increase 5,840
Notes
Decrease
Bullion
Increase
Active circulation
Increase
The Chancellor's budget has to-day been the founda-
tion of all the " talk" among city politicians. Opinions
vary, but it may be affirmed probably without the least
fear of contradiction that no one expected anything very
good. To get off with a deficiency even of two millions
sterling, after alterations in our tariff, of which it was
predicted by monopolists that the result would be
the undoubted loss of five or six millions to the revenue,
and the ruin of our mercantile and agricultural interest
into the bargain, is not so bad after all, especially if it be
borne in mind that reduction of expenditure has not been
carried to anything like the extent it may and aught to
be carried, and that the political convulsions abroad have
not afforded a chance of testing fairly the principles of
free trade. An issue of Exchequer-bills or a creation of
stock in the present easy condition of the money market,
may be effected without occasioning the slightest pres-
sure, and all are pleased that the actual present position
of the Government is made known. What Ireland may
yet require depends upon the •• clouds."
The Stock Market has been flatter to-day on account
of the new loan, some parties conceiving that there
would be none required. The exports of gold coin, &c.,
from London direct this week exceed 1,000 ounces, and
those of silver have been nearly 400,000 ounces. Con-
sols have been 858 to 868 for present transfer, and 858
to 861 for account. The New Three-and-a-Quarter per
Cents. have realised 86f to i. Exchequer-bills of
March are 335. premium. The continental news this
morning does not read very well.
The Foreign Securities are quieter. Spanish Three
per Cents. are 22.1, Portuguese Four per Cents. 20, and
Mexican 16,1.
Railway Shares have been very quiet, and generally
atabout the previous rates.
BRITISH FUNDS THIS DAY AT ONE O'CLOCK.
(From the Official List.)
3 per Cent. Reduced Annuitie5........... 8644 I,t A;%
3 per Cent. Consols Anns 861,i 85% 86%
New 314 per Cent. Anas. 86%%
India Stock
Do. Bonds, 10001
Ditto under 1.000/
Consols for Account
Exchequer Bills. 2%d. 2d.
March. June.
1,000/.
Small 33 p _
PRICE OF FOREIGN FUNDS AT ONE O'CLOCK.
Mexican Bonds, 1846, 5 per Cent. —
Ditto for the Account 1634
Portuguese Bonds, 5 per Cent —
Ditto, 3 per Cents —
Ditto for the Account
Ditto 4 per Cent.
Spanish Bonds, 3 per Cent 22%
Dividends on the above payable in London.
311SINEsS DONE IN RAILWAY SHARES AT ONE O'CLOCK
RAILWAYS. PAID. PIA &laza.
Aberdeen
Amber., Notting., Boston, &c 334 — to
Ayrshire and Galloway 2% to
Belfast and County Down .. 16 „„ ..
isinningham & Oxford Junc... 20 • — ..... to
Birmingham, iArol.,& Dudley 10 ...
Binning., Wol., & Stour Val. 134145.... --
Birkenhead, Lancashire, and
Cheshire Junction..
Boston, Stamf., & Binning... 5
Bristol and Exeter
Do., Thirds 25 — to
Buckinghamshire... l4l. 4s. —
Caledonian
Ditto, Half Shares
Ditto, New 101. Preference 2% 2% to
Ditto. Clydesdale Junction 50
Chester and H01yhead..„..... 47%..... 22%
Ditto, Preference
Clarence.
Do., let Class, 6 per Cent... 10
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 ... 20 ......
East Anglia, 25/. L. & E.,
and L. & D
Ditto, 18/., E. & H
Ditto, 31. 10s., E. & H... 3% — to
Eastern Counties
Do. New Gua rant. 6 per Ct. 5
Do. Perpet.,s per ct. No. 1,6/. 138.4 d —
Do., do N 0.2,64 138. 4d... t
o
Do., Northern & Eastern... 50
Do., 5 per cent.
Do., Quarter .... . ...... ...... % —
Do., New
Eastern Union, Class A (late
E. U. Shares) ...... ... .. 25
Ditto, ditto, Class A, ditto 1
, ---
Ditto, do, Class B (I. & B) 20 — to
Ditto, do, Class C, ditto... 17% — to
Ditto Scrip (gua. 6 per ct.) 10
Ditto, ditto ...... ............ 20 .....
Ditto (C. & E.), 5 per ct. 2% — to
East Lancashire
Ditto, New .. ........... ...• • 19
Do., New Quarters
Do., 6 per Cent. Preference
Quarter Share.* 2% ...... to
East Lincolnshire 23 ......
Edinburgh and Glasgow 5O — to
Ditto, Half Shares
Ditto, Quarter Shares 12% to
Edinburgh and Northern ... 25
Ditto, New....... . ...... 614 — ...... to
Ditto, New port l3
Ditto, ditto, New 334 — ...... to
Exeter, Yeovil, & Dorchester 2% — ...... to
Ditto, New ......... .. ... ... 2
Glasg., Dumfries, & Carlisle..Bl. 6i.A 8d... to
' Glasgow Kilmarnock, & Ayr 50 ...... -
Ditto, New
Do.Preterence Consolidated 15 .—.
Great Northern
Do. London & York Eaten. 24% — ...... to ...
Gt. South. & West. (Ireland) 42% .. . . to _
Great North of England 100 .231% ...... to _
Ditto, New 404
....... -- tot --
15
....... .. .... to
o 7
...
Ditto, New 304
Ditto, New 154-- ....
to
Great Western 9O
Ditto, Half Shares 5O .
......
Ditto, Quarter Shares 2l ...... ._. •... to
Ditto, Fifths 2O ......
..... ...... to
........................
ttototoo
_...;
Do. New 17/
•• ••• —•
Huddersfield and Manchester
512:8
......
.....
Ditto, Thirds 9
......
.... ...... to
Hull and Selby
Ditto, Half Shares ...
Ditto, Quarter Shares ..... -
5102% .... .. ... ..
▪ to Lancaster and Carlisle.... ...
Do. Thirds, ............ 10 ......
• to
...... —.
Lancashire and Yorkshire
... 93
..
Ditto, ditto ................ 86
Ditto Half Shares ..... .... 43
to
to
Ditto Quarters ..... - ........ 17% -
t°
to
Ditto Fifths ........... .. ..... 9 -
-
Ditto Sixteenths ..........„ 61,
•••'•' to
tototo i
Ditto Thirds (Reg.)
DDDDDDDiOOOa
n.......
::,
(Ld"dNiiwio,
PrestonveGo. oewkdsori
i otopdGfil
ta
lloeeeuroil.fsa
ndal;:saeno.
pda.hgo6.oda
r.wdunp.
eSte.ynsse
frro:or.cr(e.l r
.Acn....
..t..:).....
5324196085233: . . . . . . . .
.. . . . . . . .
I;
to
to —.
to —. Leeds and Bradford 6O
Leeds,llewsbury,& Blanches. 50
Do., Half Shares
Ditto, Blue (scrip) ..... .... 2%
Leeds and Thirek .......... ..... 50
Ditto, New ..... ..... ..... .30 .
Do., do.,Prefer., 6 per Cent. 3% — ...... to
Liverpool, Crosby, andSouth-
port. 3% to •-•
Liverpool, Manchester, and
Newcastle Junction. ..... .... 2% -_to
London Br Blackwell ......184 6s. 8d —
Do. Extension ........ ....... 22%. —
Lond., Bright., & South Coast 50
Do. Guaranteedsper Cent. 9 . — ...„. to
De. Pref. Cony. 5 per Cent. 50
Ditto, ditto 1852 50 .....

-
Do., New, guar. 6 per cent. 3
London and Greenwich... 12/.155. 4d 8
Ditto Preference lBl 17s 2d... ...... to
London & North Western.....loo 1164 x.d. to —.
Do. Quarters (L. and B.) 22
DI. New
7
Do. Fifths
Do. 40/. Shares...,..L. &51 20
Do. 10/.... M. and B. (A.) 9 •••• • .....• to
Do. 10/. .. M. and B. ( B.) 9 -
Do. 101. M. and B. (C.) 1
London and S. Western...—. 50
Ditto, New 504....... .. ..... 42% — "•'•• to
Ditto, New 404.... ..... .. .. 34
Do. Tenths (Consolidated) 50
.. ...... to --
Do. Tenths (Consolidated) 40
Ditto, Thirds 114 13s. 4d ... —.
•• ••• to _
Do., New Scrip, 1848, Pref.
7 per Ct. on Deposit and
5 per Ct. on Calls ......14 13s. 4d.... . ..... to
London, Salisbury, & Yeovil 11'i ..... ...... to _
Londonderry and Coleraine... 27% ...... -- ...... to
Londonderry and Enniskillen 25 ...... •
--.. to
Lowestoft (guar. 4 per cent.) 20 ...... ..... to
Ditto (guar. 6 per cent. ... 3 ......
...... -- ......... to
Manch. Buxton, & Matlock 4 ... to
Manchr, Sheffield, and Linc.loo ......
Ditto, ditto (No. 2) •......... 25 ...... --
to
Ditto, 4ii Shares (No. 3)... 71,4 — ...... to
Do., New 106 Preference. 10
. •••
to