The Sun.
London, England, 1848-12-19 00:00:00

MONEY and COMMERCIAL NEWS
C/ Y, QUARTER TO THREE.
There was an extensiv, demand for Cotton at Liver-
pool yesterday, so that saes t , the extent of 1,200 bales
ad been made, including 3,000 taken by speculators
Rather better prices were beinti pad for American and
Surat; 'other sorts wert. anchanged.—The Railway Share
Market was good, a large business being done, and
better prices paid.
From the provinces generally we have encouraging
reports again, and there is much buoyiv.cy of feeling.
The statement made at Manches!cr to a special
general meeting :Df the shareholders in the Bank
of Manchester, affords creditable' evidence of the
Judgment of the committee appointed to investigate
its affairs. The estimated surplus is expected to
be realised, and a dividend of Bs. is dtclared on
every share, or en offer is made to purchase the same at
16s. per share Whether, hereafter, the business of
the Bank will le resumed, is left for future considera-
tion.
The advisee from the Continent are of a satisfactory
Character generally. At Ilaniburgh on Friday last there
Was some de:zand for public securities at the rather
lower rates current. The inquiry for bills on Lon-
don was still maintained. The Berlin Bourse
Was rather better on the 14th instant, having
Partially recovered the decline occasioned by the orders
for the of stock received from the provinces. At
Frankfort, on the 12th inst., the Bourse was scarcely to
good. Dutch Funds are reported firm from Amsterdam
under date of the 17th inst.
The East Indian accounts read favourably, and the
markets generally, although not exhibiting extraordi-
nary activity, were in a healthy condition that promises
well for the future. There has been a some-
what increased demand for money at Bombay, but
even this was not expected to last. One thing the na-
tive merchants and speculators began to discover, as
we always expected they would, via., the price of
rice has been run up too much on their side
to suit the home market. We have now such
abundant supplies of produce from all quarters, and are
likely to receive such steady additions thereto, that ad-
, &need values appear to be out of the question. Cheap
taples will alone command a market, and extended
consumption depends thereon.
Great complaints are made in these accounts of the
state of trade between Singapore and Siam. Formerly
several ships were engaged in the traffic, and now, it is
said, not one ship finds employment. An urgent re •
Monstrance has been prepared by the members of the
Singapore Chamber of Commerce, praying for the in-
terference of Lord Palmerston.
After the material rise of yesterday, and the " rush"
of buyers, for no other term will so well express the ex-
citement that prevailed, a reaction was to be anticipated.
There must be an end of buying as well as of selling,
or rather a temporary check. Nothing, however, can
be said to have changed in regard to the general
character of the market, or the circumstances ca'culated
to influence it, and especially it we ascribe importance
to what occurs in France, where a good Ministry seems
to have been formed, and the Five per Cent. Rentes
have risen 2 per cent. in 'consequence. Consols,
Which yesterday afternoon touched 8S being done at
both those rates, al' hough they closed at only 88+
have this morning ranged from 88i to 88, and are now
88 to f. The New Three-and-a Quarter per Cents.
have been 88} to Bank Stock is 190 to 192. Ex -
chequer-bills are 40s. to 435. premium.
The Foreign Securities have been very good, though
slightly lower in some instances. Spanish Five per
Cents. have been quoted 13 to 13k, and the Three per
Cents. 27f to f. Portuguese Four per Cents. have been
marked 25+ to 1. Mexican Stock is 221 to 1. Dutch
Two-a-Halt per Cents. have been 49 to J.
A large business has been done in Railway Shares,
and for the French lines, at greatly enhanced rates, the
inquiry is most active. A few of the English lines
Which rose most yesterday are more in favour of buyers,
and we may include Great Northern, North Stafford,
Great Western, and Midland in this remark. North-
Western are higher again.

CLOSING
PRICES or 311.1'1181.1 11L51361. FRICES.
Bank Stock — 190
a per Cent. Reduced Arms BB IA % 88 88
New 314 per Cent. Anns. .. BBVAN 88%
Long Anns. to expire J an. 1860 ... 8% 11-16 8 1116
Ditto, Oct. 10, 1859 .....
India Bonds, 1,0004
Consols for Account.. BBl4 lA% 88 88 1,f3 88 ys
Exchequer Bills. `2 d. & 2d.
1,0001. March ......
1,000/. June ...... ........-
5001. Match
Small, March .. 41 41 p
Small. June
PRICES OF FOREIGN FUNDS CLOSING
PRICES.

ONE
O'CLOCK.