The Sun.
London, England, 1848-11-29 00:00:00

Y and COMMERCIAL NEWS.
CITY, QUARTER TO THREW.
There was an sleeve demand for Cotton at Liver pool
yesterday, but the supply was not good. Prices of all
kinds are extreme. American at and under 4d. is
higher since Friday. The transactions include 5,000 to
6.000 bales of American at 3ed. to 6d.; 500 Perna' o.
&e., at itid. to 5d.; 100 Egyptian, at s+cl. to 54d.; 200
Surat, at 2id. to 30.; and 40 Sea Island, at Bd. to 8k d.
—The Railway Share Market aas better, and at ratli.
higher prices.
In the London Colonial and Foreign Produce markets,
as far as the present week has progressed, there is very
little animation, and sugar, coffee, rice, tallow, and let',
are flat. Cotton and wool have an upward tendenoy.
In metals business is rather dull.
The letters and papers received by the Continental
mails state bueiness was not brisk, and money was re-
luctantly parted with, both in Austria and Prussia. The
temporary triumph of the ruling powers is predicted, but
apprehensions are expressed ofa ret urn to the old regime, in
which case, as experienced and cool men of basincess
observe, there can be no security, and renewed troubles
may at any time occur. The address of Louis Napo:eun
is looked upon as a very moderate production ; but
few give the Prince credit for having himself drawn
it up, nor are the a,suraeces of pacific views.
sufficient to inspire confidence, or to secure a pre-
ferential feeling to him while there are such men as La-
tnartine or Cavaignac. The reported interference of the
French in the affair of the Pope affords much satisfac-
tion here, and very little doubt is entertained of the con-
currence of Lord Palmerston.
The prosperity of Provident Institutions cannot but
be a matter of interest in such times as these, and it
may be useful to give the result of recent expe-
rience at Birmingham. Upon a recent occasion,
it was resolved that the St. Bartholomew's should
be united to the General Institution, and it is
stated that this is the third of the smaller societies
v. hich have recently joined, and others are likely to do
so. That small friendly societies cannot be secure is a
point as fully established as the necessity of graduated
tables and good management. The Select Committee
of the Lords, in the important report and evi-
dence which they laid before the House, give
it as their " opinion that there are advantages
connected with the larger provident associations which
smaller bodies can hardly expect to attain, except in`par-
ticular cases of extraordinary local support and super-
vise°. While the slightest deviation from the scale of
contributions and benefits deranges irretrievably the
finances of small associations, larger and more in-
fluential bodies may be able, by exertion, to extricate
themselves from even serious difficulties." And again,
" When societies are small or isolated bodies, whose
members are too few in number to be influenced by the
sense of mutual support, and whose funds, notwithstand-
ing their tables are certified, are insufficient to meet
any accidental pressure in' an unhealthy season, may
make them bankrupt." So Mr. Neison, the eminent ac-
tuary, in speaking of clubs containing 70 members, says,
" However well graduated the tables or rates of contribu-
tion might be, there would still be no security in a society
of so small a number;" and elsewhere urges the expe-
diency of having at least ten times this aumber in each
society. But in a large, widely-spread town like Bir-
mingham there are other advantages in union, which
cannot be enjoyed by any society of whatsover
size, existing only in connexion with a single
school. However near together the members may reside
at the time of entering, a few years scatters them
through every quarter of the town, and subjects them
to great inconvenience. Of the members of St. Bar-
tholomew's Institution, for instance, upwards of forty
are now living in different districts. They will now
have the privilege of joining offices close to their
own homes, enjoy medical attendance near at hand,
and never be called on to visit at a distance. The
Benevolent Fund also, which can only exist in connexion
with a large institution, offers peculiar benefits. After
a member has, through long illness, been reduced to
quarter pay, however provident he may have endea-
voured to be, there remains no resource but the parish.
It was stated by Mr. Simons at the meeting, that he
had that morning signed a note for parish relief
for a member of a provident society which
did not possess such a fund. In the General Institution,
during the last two years it had been worked, no mem-
ber has applied for parish relief, as this fund has in such
cases" helped those who had endeavoured to help them-
selves." Several widows receive from it weekty aid,
and. fifteen orphans are educated in the various schools,
while many cases of severe distress from accident or
other causes are constantly relieved.
In these times practical and pecuniary support for the
poorer classes must be the best curative of the discon-
tent and poverty so widely spreading.
The English Funds left off heavily yesterday,
and at the commencement of business this morning,
Consols were not higher than 87* I. The realisation
of profits after the late advance is the chief cause, no
doubt, for the speculative sales have exceeded those for
money, while the idea that the interference of
France in the affairs of Italy _may not stop
with the restoration of the Papal authority, is made a
pretext with the " Bears." There may be the appear-
ance of cause fur uneasiness, but we think there can be
nothing more. Consols now are only 81 to 874. The
New Three-and-a-Quarter per Cent.. realise 864
and the Three per Cents. 86 to it Bank Stock is worth
187+ to 1891, and India Stock 237. Exchequer-bills are
39, to 42,. premium.
The Foreign Stock market has been steady. Spanish
Five per Cents. have been quoted 114 and the Three
per Cents. are 254 to Portuguese Four per Cents.
brought 244. Brazil small Bonds are 74k. Dutch Two-
and- a. half per Cents. have been firm, at 474. Mexican
Stock is quiet at 214 to +.
In Railway Shares the transactions have not been
large, and theiluotations have rather given way since
yesterday. North-Western, Midland, South-Eastern,
Great Western, and Eastern Counties, are in favour of
buyers.
BRITISH FUNDS Tills DAY AT ONE O'CLOCK.
(From the Official )
3 per Cent. Reduced Anhui es
List... 86 86
3 per Cent. Consols Anns
3 per Cent. Annuities, 1726....„ , 85%
ew 3% per Cent. Anus. B6l/V4 1,4
Long Annuities, Exp. Jan. sth, 1860 8 9-16 %
Do. 30 Years, Expire Oct. 10, 1859.- 8 5-16
India Stock 237
India Bonds under 1,000/.-...
... ....... 36 p
consols for Account
............
Exchequer Bills. 2%d.. 2d.
March. June.
1,000/. ..................... 42p 42 89 p
500/..........
......... 45 p 39 p
Small ........................ 45
PRICE OF FOREIGN FUNDS AT ONE O'CLOCK.
Brazilian Bonds, 5 per Cent
Ditto Small
Chilian Bonds, 6 per Cent.........
&Nader Bonds2
Grenada, I per Cent... l2
Ditto Deferred .
Mexican Bongs, 1846,5 per Cent 214%
Peruvian Bonds, 6 per Cent 351/
Portuguese Bonds, 5 per Cent 7O
Ditto 4 per Cent.
Ditto Small
Russian Bonds. 1822, 5 per Cent lOO
Spanish Bonds, 5 per Cent,1840
Venezuela Bonds
Do. Deferred
Dividends on the above payable in London.
Belgian 4% per Cent ••• 7O
Dutch 2% per Cent.,l2 Guild 47%
Ditto 4 Der Cent. Certificates
aUSINESS DONE IN RAILWAY SHARES AT ONE o'cLuCK
KAILwAys. ' PAID. Pax &wiz.
Aberdeen -
_Amber., Notting., Boston, &c
Ayrshire and Galloway
Belfast and County Down .. 19
..
Birmingham & OsitordJunct.,
calls duly pd, or with guar. 20
Do., without a guarantee... 20 ... 234-- to
Birmingham, Wol., & Dudley,
calls duly pd, or with guar. 10 • to
Do., without a guarantee... 10 ......
Binning., Wol., It Stour Val,

Birkenhead, Lancashire

131.148.... ..... to --
and

Cheshire Junction..
....•• to '—
Boston, Stunt., & 13irinin;

As... 5
......
Caledonian
18504 ... tO
Ditto, Half Shares
Ditto, New 101. Preference 5
Ditto. Clydesdale Junction 50
Chester and H01yhead..„..... 50 .....
Ditto, Preference .. ......... 15
Do., let Class, 6 per Cent.
larence.
7814 ..... •••••• LO

Do.; 2d Class:s Per CenC.

to
Do., Gov. Loan, 4 per Cent. 10 ...... to
Direct London & Portsmouth 5 . to —.
Dub!in and Belfast Junction.. 35..
..."•..... to
Dundalk and Enniskillen ... 20 ......
East Anglia, 251. L. & E.,
mid L. &1) ... 25
Ditto, 18/., E. & H....... 18
Ditto,
31. 105.,E. & H... 3% — ...... to
astern Counties .... 2O ... 11%A1/214 to Do. New Guarant. 6 per Ct. 10
Do., Northern & Eastern... 50
..-- -

Do., 5 per cent.
... 50
Do., New
Do., Quarter 12%... .. ...... to
84 — ....
;astern Union, Claus A (late .. to
L. U. Shares) ......... .. 25 — ...... to
Ditto, ditto, Cla.ss A, ditto 1
..... —
to
Ditto, do, Class B (I. &B) 20 ......
Ditto, do, Class C, ditto... 20
Ditto Scrip (gua. 6 per ct.) 10 . — to
Ditto, ditto ........ .......... 20 ...... -- to
Ditto (C. & B.), 5 per ct. 21At ......
East Lancashire
Ditto, New -
...

. - ...... ; ..... to _
Do., New Quarters
to --
Do., 6 per Cent. Preference
Quarter Shares
614-...•• .--- ......
East Lincolnshire 25 ...... ...... to
to -- Edinburgh and Glasgow
to
Ditto,
Halt Shares
.....
Ditto, .tN ew port.. .. 11 -- to

_5 ...... ....•• to
.
_,xoter, Yeovil, & Dorchester 2%......
Glasg., Dumfries, & Carlisle-81. tis.Bd... ..... to
Glasgow, Kilmarnock, & Ayr 50 ......
Do. Preference Consolidated —.—. •• ••• to
Great Northern.... ............ 17 ...... 4 •••••• to 4%
Do. % A .Ueferred -... ... 12% ...... 4
Do. 14., B 6 per Cent. Guar. 4% ...... % to
Do. Extension .... .......... 2%.. to
Gt. south. & West. •
(Ireland) 42% ...... 224 ...•• to `;reat North of England ...... 100
Ditto, Nt.w 40/. ........... .. 40
Ditto, ditto .... ..... ...... 25
Ditto, New 30/................ 30 ...
Ditto,Newlol. ..... ... ...... 14 ...... •
6• to
'.•reat Western .................. 90 ...... 75% 76 to 74%
Ditty), nail Shares 5O ......
Ditt r, Quarter shales
Do. New 174. .......... 13