The Sun.
London, England, 1848-12-08 00:00:00

MONEY and COMMERCIAL NEWS'
CITY, QUARTER TO THRE.E..
The market for Cotton at Liverpool yesterday was
steady, and prices had an upward tendency. The saes
were 6,000 bales, including 1,000 American, on specu-
lation. The Share Market was dull, with but little'
business doing.
There are no ship arrivals with later news to- day,
but the continental advices surpass in interest what has
reached us for some time past.
The case of the Bank of England against the iron-
masters, animadverted upon in the leading columns of
last night's Sun, has attracted much attention in the
City, but we hear of no explanation yet, except that the
plant and estate of the company of copper miners of
England has come into possession of the Bank, and that
it is determined to work it for its own advantage, ellt
least until a purchaser can be found. Itiscertainly unfor-
tunate that through the gross mismanagement of that corn.,
pany it should have become so irretrievably embarrassed
as to be unable to pay off even the preferable lien of
the Bank of England, but if the latter must for a time
administer the company's affairs and afford employment
to the large number of persons wholly dependent
thereof, the rivalry should evidently be fair, and with
the least possible damage to individual interest. PrivtilA
capitalists cannot be expected to resist such powerful'
competition, especially it undersold. It is manifest that
the affair will not rest where it iia
The Produce Markets have been quiet this week,
except upon one or two occasions. On Tuesday a fair
business was done, and there are a good many sales
again to-day, but the buyers do not appear inclined to
enter largely into business, and this prevents a general
rise in prices. Coffee is a little brisker, as the supply
from some parts will prove rather deficient.
There has been a flat market for the Public Secnri-
ties, and business has been very inactive. The foreign
news has the effect of checking operations. Consols
have been all the morning at 874 4. We hear nothing
more of sales by the Government broker, but he is said
to be hovering about the market with the apparent in•
tention of selling when there is a chance. We rather
think the account is "Bullish," and that this weighs
upon the market. Exchequer- bills are 41s. to 445. pre-
mium. Bank Stock is 189 to 1904. The New Three-
and- a-Quarter per Cents. are 864 to 5.
The Foreign investments have been dull. Spanish -
Three per Cents. have realised 244, Portuguese Five
per Cents. 674. and Brazilian 735. Mexican Bonds are.
214. Dutch Two and-a-Half per Cents. are 474.
Railway Shares, though quiet, fully maintain the pre-
vious rates.
ONE CLOMP/ • '
PRICES OF BRITISH FUNDS. O'CLOCK. PRICES.
Bank Stock
3 per Cent. Reduced Anna B6 864 85% 86
3 per Cent. Consols Annuities.— 87%14 Si
New 314 per Cent. Anus...-. . 86% lA% 86%
• Long Anns. to expire Jan.lB6o ... 1 9-16 8 9-16 `
Ditto, Oct. 10,:1859 ..... ...... 8 7-16
Ditto 30 years, Jan. 5, 1860.... 8 13-16 8 13-16
India Bonds, 1,000/. -
Ditto under 1,0001. ... .....
South Sea Stock —
Ditto Old Annuities
Consols for Account. 87%14 87%
Exchequer Bills. 234 d. & 2d.
1,0001. March ......
1,0001. June BB 41 p 41 p
5001. March. 4l 44 p 43 p •
5001. June
Small, March .. .. 41 44 p 43 p
Small. June
PRICES OF FOREIGN FUNDS azrz CLOSING •
O'CLOCK. PRICES.
Brazilian Bonds
Ditto, Small 73 78
Grenada Bonds, 1 per Cent. —
Ditto, Deferred — 2
Mexican, 5 per Cent. 1846 —
Ditto, Account
Portuguese 5 per Cents. 671,4 671
Russian Bonds .... ..... .. — 101:Y4
Spanish 5 per Cent. 1840.
Ditto, Passive
Ditto, 3 per Cent
Venezuela Bonds, 2% per Cent — 1414
Dividends on the above payable in London.
Dutch 21,4 per Cent., 12 Guild 471,4 4714
Ditto, 4 per Cent. Certificates 72% 72%
PRICES OF PAID. BUSINESS DONE CLOSING
RAILWAY SHARES. AT ONE O'CLOCK. PRICES.

Aberdeen 5O - . --
Amber. Nott., Boston,
and Eastern Junction 4A — -
Ayrshire and Galloway.. 7 -
Belfast & County Down 19 ...... ..-. ....
Birmingham and Ox-
ford Junct., calls duly
paid, or with 4guaran. 20
Do, without guarantee 20 .
Birming, Wolverh'ton,
and Dudley, calls duly
pd, or with guarantee 10 .. ... -
Do. without guarantee 10 -
Birming.,Wolverh'pton,
and Stour Valley _ _ 131. 145... ••• ....

24%

Birkenhead, Lancashire,
and Cheshire Juno.— 10
Boston, Stamfd & Birm. 5 ......
Bristol and Exeter 9O ... .. --
Ditto, Thirds
Buckinghamshire... 141. 4s.
Caledonian ..
Ditto, Half Shares .. 8% — ...............

Do. New 101. Pr0f..... 5 , .
Ditto,Clydeadale June 50
Chester and Holyhead... 50 ...... 19
Ditto, Preference l5
Clarence . 781,11, —
Do. Ist Class, 6 per Ct. 10

Do. 2d Class, 5 per Ct. 10
Do. Government Loan,
4 _ per Cent.

Direct- London & Ports- ---
month -
Dublin and Belfast June. 35 ...... -
Dundalk & Enniskillen 20 -
East Anglia, 251., L &
E. and L. and D...... 25 ..- — --
Do., 18L, E. & H.... 18 -
Do, 31.105. - ... ........ ....
Eastern Counties 2O ...... 11%%..... ....... 11 Ai

Do. New Guaranteed
6 per Cent ... lO ...... 11 x d lo%xd
Ditto, Extension, 5 per
Cent., No. 1 61.135. 4d...
Ditto ditto, No. 2...61. 13s. 4d...
Do. North. & Eastern 50 -
Do., 5 per cent. -
Do. Quarters
Do. New 34 -
astern Union, Class A
(late E. U. Shares) 25
Ditto, Class A, ditto... 1 -
Ditto, Class B (I. &
and B.) 2O -
Ditto, Class C, ditto... 20 . .... -
Do. Scrip (6 per cent.) 10 ...... -
Ditto, ditto ..

Ditto (C. & E.) guar.
5 per 2I,E
East Lancashire
Ditto, New
Ditto, New Quarters OA
Do., 6 per Cent. Pre-
ference Quarters ... _ ....« ..... •-•

East Lincolnshire
Edinburgh and Glasgow 50
Ditto, Half Shares ... 20 ..
Edinburgh and Northern 25
Ditto, Newport l6

_
Exeter Yeovil & Dorch: 2%

Glasgow, Dumfries, and
Carlisle ....... ... ..8/. 6s. 5d.... ... --•
Glasgow,Kilmar., & Ayr N ...... —. ..... --•
Do. Pref -ince Consol. .. .....

.oo.Prefere. _.
Great Northern
Do., % A Deferred
Do., % B 6 per Cent
guaranteed ...
Do. Extension 2%
;mat South. and West.
(Ireland)
•• ••• 22Yil
Great North of England.loo ......
Ditto, New, 40/
Ditto, ditto _
__ 25

,
Ditto, New, 301 3O
Ditto, New, 151 l4 .. .. ••....•... ..... "'"'

..,,, - ~ ...
Great Western 9O ......
Ditto, 1/¢ Shares SO -
Ditto, 14 Shares
Ditto, Fifths ... 20
Ditto, New 171........ 13 ... .. .... ....
Huddersfield and Manch. 30
Ditto, Thirds
Hull and Selby .. ...... 50 ......
Ditto, Half Shares ... 25 ......
Ditto, 14 Shares
Lancaster and Carlisle 5O ...... 41114
Ditto, Thirds
Lancashire & Yorkshire 93
Ditto, ditto - .....,
Ditto, 1A Shares ...... 43 ... .. —...—..... •••••

Do. (itifirter Shares... 17% — .......... ..... —.
Do. Fifths... ......... ... 9
Do. Sixteenths 614 5% bsl
Do. Thirds (Keg.)..... 13 .....
Do. New, Gua.6 perch 5 ......
Do. Liverp. and Bury 43 ......
Ditto % (late Hud-
dersfield and Sheff.) 43

Do.(Wakefield,Ponte.;
tract, and Goole) ... $0
Do.( W. Riding Union) 7 ..... ... »
Do. (Preston Se Wyre) 25
Do. IA Shares (A)... 9% — --
Leeds and Bradford 5O
Leeds, Dewsbury, &c.... 50
Dr Half Shares - 25 . - ......._ .. .....

JO., _ ,
Do., (blue) Scrip 2%......
Leeds and Think •••••• 50
Ditto, New .....35
Do., Prefer., 6 per Ct. 3% —
•••••••
Liverpool, Crosby and
Southport . 31,2 —
... ....
. Dl'

Liverp., ,uanchester, and
Newcastle Junction... 21,4.

London & Black wa11...13/. 6s. 4
8d.... 4% .
Do. Extension ...- ••• 22%••-•• ••••
London, Brighton, and
South C0a5t......... 50
Do. Guarant.s per ct.., 9 ...... ... ..
Do. Pref. Con. 5 per ct. 50 ... .. 4....?
-
Ditto, ditt0...... 1852 50 —
Ditto, New Si., guar. 5%
6 per cent
.-
LondonandGreenwich 12/1554d... . ........ ....•• 194
Ditto, Preference... 18117 s 2d... 19%
London and N. Western 100 ......118 117% ........ .
...„„
Do Quarters (L.& B.) 22 ...... —.-
Ditto, New
......
Ditto, Fifths ..... .. .. 2 -
Do. 44!/.Bhares(L. M.) 25
Do. 101. (M. & B.) A. 9
Do. 10/. (M. & B.) B. 9
--, ',..
Do. 101. 4M. & B.) C. 1
Lond. &S. Western 5O ..... 3734 38% -- •• 26
Do. New 501. ...
Do. New 401. 34
Do. Tenths (Consol.) 50
Ditto ditto
Ditto. Thirds.. ....-13/. 6s. 3d —3-6 ..................:.................. . -....d
Do.. New Scrip, 1848,
f: ref. 7 per Cent. on
Deposit, and 5 per ....
Cent. on Calls —II. 13s. 4d ...... .......