The Sun.
London, England, 1848-08-09 00:00:00

MONEY and COMMERCIAL NEWS.
CITY, QUARTER TO THREE.
In the Cotton Market at Liverpool yesterday the
sales were 4,000 bales, of which 3,000 were American
for exportation. The market closed heavily. Railway
shares were without alteration, though prices still had
a downward tendency.
It seems to be understood in banking circles that there
is at the present time scarcely any possibility of forming
an opinion as to the future position of the money mar-
ket, and consequently that the utmost circumspection
will be necessary for some time to come in all transac-
tions where credit is involved. The general impression
is, and we trust well founded, that happen what may,
England will be preserved from the danger and
the cost of a continental war ; while upon
the subject of the weather there are hopes
that even the intervals of sunshine and warm winds
may prove sufficient to allow of the harvest being
secured in tolerably good condition. That it will be en
abundant yield is hardly to be anticipated. There will
,be min+ attention directed to the state of the.. Bank of
England account, because of the apprehension that there
may be a steady decline in the bullion. It is too
soon, however, to look for a heavy drain in
the direction of the Continent, though a gra-
dual decrease of the precious metals is to be anti-
cipated, as orders for grain have been sent abroad
more freely within the last few days; and there has been
some amount of specie forwarded to Germany, and, as is
supposed, for the service of Austria.
The grain market is firm to-day,:with a moderate
business doing.
The accounts from the River Plate are exciting
almost daily the complaints of every merchant here con-
nected with the trade, once so important, of that
part of the world, and there is a growing and most
anxious desire that our Government should use every
exertion to bring the matter to an issue. Hitherto there
has been nothing gained on our part of all the objects
contemplated, nor is there apparently any probability of
success. Either the blockade will have to be abandoned,
and even in a national point of view it has proved onerous
to us, or the war must be vigorously prosecuted. How
far John Bull would relish the idea of a contest for the
sake of a South American republic, of which he scarcely
knows the name, remains to be proved.
The Funds have not been very animated to-day.
Consols opened at 861 3, being flat in consequence of
the failure of a speculator who had been operating for
the rise. They have since improved, and are now 863 3.
The preliminaries for the arrangement of the Account
occupy most attention. The New Three-and-a-Quarter
per Cents. have been 863 to 871. Bank Stock is 197,
and India Stock 240. Exchequer Bills are 335. to 375.
premium for those of June.
The Foreign Securities have been very inactive.
Spanish Five per Cents. have realised 113, and the Three
per Cents. 213. Mexican are 163. Dutch Four per
Cents. are 68i to 69.
For Railway Shares the inquiry has been very limited,
and the quotations are still heavy.

ONE CLOSING
• nrcEs OF Isltrlle3Ef FUNDS. O'CLOCK. PFtU E-.
Bank Stock 197 197

3 per Cent. Reduced Anns 86X5,4 863/4
3 per Cent. Consols Annuities. B6N3/4 863/4
Sst, 3 per Cent. Ann 5...... . B7 86g 8714 8714
LongAnns. to expire Jan.lB6o 8 15-16 A 843
India Stock 240 240
'ndia Bonds, 1,0001.
Ditto under 1,0001. ... .....
_..1)

Consols for Acc0unt......... 861,04% 86:4
Exchequer Bills. 241 d. & 2d.
1,0001. March 36 40p 40 p
1,000/. June 33 37 p 37 p
500/. Match 4O p 40 p
5001. June • . .. .37 p 37p
Small, March •. 40 p 40p
Small, June
ONE
O'CLOCK.

PRICES OF FOREIGN FUNDS.

mom/ it,
PRICES.
Brazilian Bonds — 70
Chilian Bonds 6 per Cent....
Mexican, 5 per Cent. 1846 16% 16%
Spanish 5 per Cent. 1840.
Ditto, Passive
Ditto, 3 per Cent ..... ........
Dividends on trliAemabiTneups:EblsesinDOLNOnEdoll. 21%
CLOSING
Dutch 2% per Cent., 12 Guild.
Ditto. 4 per Cent. Certificates 68% 69 69
PRICES OF
RAILWAY SIiARES. AT ONE O'CLOCK. PRICES.
Aberdeen 5O .•.•••
Amber. Nott., Boston,
and Eastern Junction 33/4......
Ayrshire and Galloway.. 2.-A,,
Belfast & County Down 16
Birmingham and Ox-
ford Junction .... ... 20 ...... 2214
Birmingham, Wolver-
hampton, and Dudley 10 ..... . —
Birming.,Wolverlfpton,
and Stour Valley 131. 145...
Birkenhead, Lancashire,
anq Cheshire June—. 10
• Stamfd ton Bo . & Birm. 5
-
trilj tilt &DU Efacoe..-......... its_ -_-____ .....
Ditto, Thirds .... ..... 25
buckinghamshire... 144 4s.
Caledonian
Ditto. Half Shares .. 81 2 x n 2xn
Do. New 10/. Pref..— 2%..... 3 -. 3
Ditto,ClydesdaleJunc 50
Chester and Holyhead... .47%
Ditto, Preference l5 ......
Clarence
Do. Ist Class, 6 per Ct. 10
Do. 2J Class, 5 per Ct. 10
Do. Government Loan, . _

4 per Cent.
Direct London & Ports-
mouth - .• . . ..... - .
Dublin and Belfast June. 30 -
Dundalk & Enniskillen 171,4 -
East Anglia, 251., L. &
E. and L. and D...... 25 -
Do., 181., E. & 11.... 18 -
Do., 31. 10s. - ...•••
Eastern Counties........ 20
Do. New Guaranteed
6 per Cent. - ..
Ditto, Extension, 5 per
Cent., No. 1 .. 6/. 13s. 4d.... -
Ditto ditto, No. 2...6/. 13s. 4d...
Do. North. & Eastern' 50 -
Do., 5 per cent.
Do. Quarters - ...
Do. New -
Eastern Union, Class A
(late E. U. Shares) 25 -
Ditto, Class A, ditto-. 1
Ditto, Class B (I. &
and B.) 2O -
Ditto, Class C, ditto... 17%. -
110. Scrip (6 percent.) 10 - . •••• .• .....
Ditto, ditto -
Ditto (C. & E.) guar.
5 per cent............ 2% -
East Lancashire
..... .
Ditto, New ..........• 19 ...... -
Ditto, New Quarters 6%•••••• -
Do., 6 per Cent. Pre-
;erence Quarters ... 214 - -
East Lincolnshire ...... 23 -
Edinburgh and Glasgow 50 - „. .. .
Ditto, Half Shares ... 15 .. .. -
Ditto, Quarter Shares 12% -
Edinburgh and Northern 25 -
Ditto, New.. 6IA - .............y
Ditto, Newport l3 - •••
Ditto, ditto, New 334...••• -
Exeter,Yeovil, & Durch. 2,'0 -
Ditto, New ... 23,s .. .. -
Glasgow, Dumfries, and
Carlisle - .....
Glasgow,Kilmar ,& Ayr 50 -
Ditto, New ... ..... -.. 40
Do.Preterence Consol. 15 - • ..... .• . •••
Great Northern
Do., London and York 2 %......
treat South. and West
(Ireland)
Great North of England.loo ......229 230 x. div 230 x.d.
Ditto, New, 40i l5 - -
Ditto, New, 301........• 30 - -
Ditto, New, 151 1114„ .. - .. -
Great Western 9O ..... 85 84% 85 .. 85
Ditto, 4 Shares 5O ...... 47% ... 47%
Ditto, 1A Shares - ......... . .... -
Ditto, Fifths 2O - -
Ditto, New 17/... .. .. 13 ... .. - -
Huddersfield and blanch. 28 - -
Ditto, Thirds -
Hull and Selby 5O ...... - -
Ditto, Half Shares ... 25 ...... - -
Ditto, 1,4 Shares - -
,aneaster and Carlisle... 50 ...... - -
Ditto, Thirds - -
Lancashire & Yorkshire 93 ..... - -
Ditto, ditto - ............. • -
Ditto, %, Shares ...... 43 ...
-
Do. Quarter Shares... 17% • --.......... .....
Do. Fifths... ...... ...... 9 - ............... -
Do. Sixteenths 64 ...... - ........... ... --
Do. Thirds (Reg.) l3 ..•.. - ............ ... -7. ,
Do. New,Gua.6 per ct 2% ...... 314.. ...........
.....3%
Do. Liverp. and Bury 43 ...... - ... ............
Ditto 14 (late Hud-
dersfield and Sheff.) 38 ...... - •...
•• .......
Do.(Wakefield,Pon te-
tract, and Goole) - ..............
.
Do.( W. Biding Union) 6 ..... - ............ ..
Do. (Preston & %%yre) 25 ......
Do. 11 Shares (A) 9%.....: - ..-
Leeds and Bradford...... 50 ..... -
Leads, Dewsbury, &c. ••• 50 . ..... --
Do., Half Shares ...... 22 %....•.
Do., (blue) Scrip...... - .
Leeds and Thirsk ...... 45 ...... - •.. ..
Ditto, New ..... ....... 30 ...... - ~,,,
Do., Prefer., . 6 per Ct. 3%...... -
Liverpool, Crosby and
Southport . ........... .. 314 -
Liverp., Manchester, and
Newcastle Junction... 214...... -
London & Black% a11...13/. 6s. tid.,.. - ...
Do. Extension ... • • ... 22 1/i..., .. - ....,.
London, Brighton. and
South Coast ......... 50
2('): 3014 i
Do. Consul. Eighths. 40 - ••••• • .
Do.Guarant. 5 per ct.., 9 -
Do. Pref. Con. o per ct. 50 .. ... 46
Ditto, ditto.. ... 1852 50 -
Ditto, New 5/., guar.
758 s 42.d.a.........1-7331%
ceirdee( Infsertre.. Preference... 18/ ,
a-1821:110 -
Londonl,4 123 124 124
l)o. Quarters (L. & B.) 22 -
Ditto, New -
-Ditto,Fifths .........2 LoDndi6tottiPo:aanrpn
7%
sii.t = .44,c• • west

14'h

1714

5%