The Sun.
London, England, 1846-04-17 00:00:00

310NEY at .d COMMERCIAL NEWS.

(From Tke San w. Dar Night.)

The Cotton Market at Liverpool yesterday was very
lively, and speculation was active, the sales being 12,000
bales: 5,000 bales were for 'peculation and export.
Prices were decidedly higher.—The Share Market has
been very inactive, and prices were lower.
Almost hourly ate inquiries made in the City, by per-
sons very deeply interested, as to the pen A the Legis-
lature will take to pass through the Railway Relief Bill.
The queries upon this subject are the more pressing, as
there is an evident disposition on the part of the managing
70MMitte4S, of doubtful arid bad projects, to keep
tte power thy now have over the funds in
hand, and expected to be realised; and set-
ting at defiance the scripholders, determined as
many of these parties are to go on with expenses, the
great portion of which must hereafter be borne by the
parties who have paid their deposits, or are legally
liable for their share of the present outl 5. It is, there-
fore, considered by hundreds of capitalists and others in
the City, and doubtless at Liverpool, Leeds, Bristol,
and elsewhere, that—so pressing is the emergency—the
standing orders ought to he rescinded in both Rouses of
Parliament, so that the Bill to be introduced after the '
Esster recess, should become law at the earlies possible
period, or undoub•edly the benefit intended by it will
he frittered away. Symptoms of pugnacity have already
been displayed by some of the managing committees in
repudiating advertisement:, cslling on scrip holders to
meet and press the dissolution of pre jests with which they
have c:ermeated themselves. Secretly are some such par-
ties just referred to buying up scrip indirectly, eta tuin-
misty low figare to present heelder, so as to override
original and other persons desirous for a wind up,
at the first general meeting to be called under the pro-
visieens of the intended new Bill. The appointment of
an " official aisigeee" to look into the expenditure of
the Managing Committees is not relished at all by
nine-tenths of those who have taken i.he managem, nt
of fresh railway schemes, and hence it is quite certain
that every means will be resorted to, with the view of
defeating the wishes of the great body of those they

assume to represent.
There are nut any arrivals of importance— ihnouncrd
in the City this morning.
The Stock Markets have been heavy this morning.
The fact that the Government brokers did not purchase
yesterday its aid of the Sinking Fund, has led to many
remarks, the principal of which is, that Government are
husbanding, the resources of the country, to b- full)
equipped with cash should a war with the United States
be imperatively necessary. Another rumour is, that a
squadron is about to sail soon for the Bermudas,
there to await further orders. Consols for
Money left off yesterday afternoon at 95+, and for
the Account at 96+. The value of the former has to-day
been reduced to 958, and of the latter to 951. The
.earket has just rallied I Or cent , and certainly the as-
pect of the market looks more firm. The amount of
business done has been nem; the whole considerable to-
day. But to this remark there is an exception. Ex-
chemer-bills yesterday were done at 27s , now they are
at hut• 18s. premium. India Bonds, on the contrary,
were yesterday at 255., and new they are at 30s. pre-
mium. The•"price of Wink Stock has fluctuated from
205 to 206. India Stock has fallen from 259} to 258.
Tdis is the account day in the Foreign Stock
Market. If se except the adjustment of differences,
scarcely any other usiness of interest has been trans-
acted. There hale been some transactions in the French
stocks to-day, at improved prices. The Five per Cents.
have been taken at 1191, and the Three per Cents. at
83. Spanish Consols have realised 25 ; the Portuguese
Four per Cents., 574 ; Dutch Two-and-a-Half per
Cents., 59i ; the Four per Cents., 92+ 92 ; and
Mexic-,n, 318.
The busine.iis in the Railway Share Market has been
on the increase, and the iroearance of the market looks
bith r.

BRITISII FUNDS. ONE
O'CLOCK.
Bank Stock .. 205% 206
Three per Cent. Reduced Annuities 94%14
Three per Cent. Consols Annuities 95% %%
New Three-and-a-Qua-ter per Cent. Anns. 96 %14
Long Annuities, Expire Tan. 1860 .. 10 3-16
Ditto, 30 years, Oct. 10, 1849 .. 10
Ditto, 30 years, Jan. 5, 1860 .• 10 7-16
India Stock .. .. . .. .. 259 y 4 258
India Bonds. 1,0001. .. • • • • • • • •
Ditto, under 1,0001. .. 28 30 p
South Sea Stock .. • • •

CLOSINC.
PRICES.
206
944
9544
96%

Ditto, New Annuities ..
Consols for Account • • • • .. • .
Exchequer Bills.
1,000/. • . • •
5001.
Ditto. Small

119 f. 26c.