The Sun.
London, England, 1846-03-31 00:00:00

SUN,

MONEY and COMMERCIAL NEWS
CITY, QUARTER TO THREE.
The sales, of Cotton at Liverpool yesterday were 6,000
bags. The market was decidedly firmer; exporters took
1,00 bales American. A good business was done in Shares:,
and at some improvement in prices.
For some time past a proposition has been before the Pro-
prietary of the South Sea Company to establish a Trust Fund,
an i as the charter for this important object has been ob-
tained, it may be worth while to notice briefly the objects
intended to be carried out. We may mention, however,
ad interim, that more full and explicit information
will be conveyed to the public through our ad-
vertising columns. The Trust Company will have an
immense capital, as many of the largest proprietors of South
Sea Stock have assented to merge their capital into it.
The guarantee, therefore, fur safety and security, is full and
complete. The difficulties which are frequently felt in ob-
taining the assent of individuals to act as trustees to
minors and others in the various avocations of life,
in executorships and other matters, where trustees are
required—rarely undertaken but with diffidence and
anxiety—will, by the administration of this associa-
tion, be entirely removed. If we are informed cor-
rectly, it is intended that the British Colonies, as well as
England, Ireland, and Scotland, shall be embraced within
the scope of the operations of the Trust Company. Headed
as it is by influential men of experience (Mr. Charles Franks,
the Sub-Governor of the South Sea Company being its Pre-
sident), the best guarantee is afforded that trusts confided to
its care will be worked with fidelity and economy. Another
most important feature in the scheme is, that frauds and
spoliations of property, so frequently complained of under
the present system on the part of trustees, will be wholly
and entirely obviated.
Letters and papers to the 11th of November have come to
hand from Sydney. Generally the reports are favourable
with respect to trade.and agriculture, but there was not much
activity in trade.
Consols have realised 96% to % for present transfer, and
961 3/4 for Account to day, the state of the market being de-
cidedly buoyant on account of the glorious victory obtained
in India. Exchequer-bills have realised 28s. to 315., and
East India Bonds, under 1,000/., 325. premium. East India
Stook is marked 263 for Aceotua..
Most of the Foreign Bonds are lower this morning, but
there is only a limited amount of business in progress.
Mexican Stock has receded to 31 ; Peruvian to 361-A ; the
Russian Metalliques to 108%; the Spanish Three per Cents.
to 36%; the Dutch Two-and-a Half per Cents. to 59k; and
the Four per Cent. Bonds to 931,4.
There is not any feature of leading importance in the
operations in the Railway Shares to-day.
BRITISH FUNDS. ONE
O'CLOCK.
Three per Cent. Consols Annuities 96%%
Long Annuities, Expire Jan. 5, 1860 ..
Ditto, 30 years, Jan. 5, 1860 .. • • 10 7-16 10 7-16
India Bonds, 1,0001. .. • • • •
Ditto, under 1,0001... 32
South Sea Stock .. .. • • • • • • '—
Ditto, New Annuities 9614
consols for Account • . • • .• • • •• 96%14
India Stock for Account .. .. 263
Exchequer Bills. I%cl. l 4 d.
1,0001... 28 31 pm. 30
5001... 28 pm. 30
Ditto, Small .... 29 31 28 pm. 30
ONE CLOSING
O'CLOCK. PRICES.

CLOSING
PRICES.
96

FOREICIN FUNDS.
Chilian Bonds, G per Cent ..
Equador Bonds .. .. • •
Mexican Bonds, 1837, 5 per Cent .. 31% 31
Ditto, for the Account .. 31Y%
Peruvian Bonds, 6 per Cent. ..
Russian Bonds .. 10815
Spanish Bonds, 5 per Cent
Ditto, for the Account
Ditto, Three per Cent
Ditto, for the Account
Dividends on the above payakle in London.
Dutch Two-and-a-Half per Cent ..
Ditto, 4 per Cent. Certificates
Ditto. Bonds

-
•• NUN

.. .. 9314

PRICES OF
RAILWAY SHARES.

961 A
96%
263

33t,
31
31!,;
36y,
1051
361 A

BUSINESS CLOSING
PAID. DONE AT PRICES.
ONE O'CLOCK.

Amber., Notting., Boston, and
Eastern Junction .. 2%.... 1 . . .. . .
Bristol and Exeter .. .. 75 ........
Ditto, New .. .. 5 .... 9% 9 • .
Bueliingliamshire 425. .... 34 dis. dis
Caledonian .. .. 10 .... 87%
Ditto, Half Shares .. .... 13,4% • •
Chester and liolyheed 20 .... • • •.. • • 17%
Direct Manchester (Remington's) 23/ ••••• • • • • •
Direct Manchester (Rastrick's) .. •. • • ....
Direct Northern .. I% .... .. ••.• • • • •
Dublin and Galway .. .. 4 .... .
Eastern Counties .. 141. 165..... 21 .•..• • • •
Ditto New .. .. • • V. 165••• • • 514 13• ••• • •
Do. Perpet., 5 per Cent. No. 1.61. 13s. 4d. •• • •
Ditto, York Extension .. 105..... ••..•• .. • •
East Lincolnshire ........1 .. . . 1 ..... . . . • •
East and West of England .. 1% .. •.•. • • • .
Edinburgh and Glasgow .. .. 50 .... —
Ditto % Shares .. .. 5 .• .. 123.. .• •• • 12%
Goole, Doncast., and iheflleld,&c. 421. •• •• % dis••• •• •• 3y dis.
Great Southern & West. (Ireland) 15 .... 15%
Great North of England . ..100 ....211 210........ 210
Great Western .. 85 ....143 •• • • ...... 143
Ditto Half iihares .. 50 .... 82... ..

1%
20%
P