The Sun.
London, England, 1846-11-27 00:00:00

MONEY and COMMERCIAL NEWS.
CITY, QUARTER TO THREE.

The sales of Cotton at Liverpool yesterday were about
7,000 bales, including 6,300 American, at sd. to 64d. per
lb. ; 400 Surat, at 4d. to 4id. ; 200 Egyptian, at 7d. to
; and 50 Bahia, at 64d. per lb. Shares had been
rather cheaper, except in one or two cases.
The arrivals in the Thames continue large, and the
vessels bring ample supplies of necessaries and luxuries
By way of Portsmouth we have late accounts from the
Cape of Good Hope. The date from Simon's Bay is
October 7th. The most recent advices obtained from
the frontier state that the British force had not
yet accomplished any particular advantage, although
the number of men, including farmers, under arms,
was lull 10,000. It is asserted, on the other hand, that
the Kafirs, almost from the commencement of the war,
had been eminently successful. They had captured our
baggage in the outset, and but for a subsequent gallant
little "affair," in which the dragoons had the only op-
portunity yet afforded of showing their superiority at
close quarter fighting, the whole of the eastern province,
it is said, would, have been at the mercy of the Kafirs.
'The absence of rain had sadly impeded our opera
tions, and, therefore, it is highly gratifying to
remark that sufficient showers had fallen to-
wards the end of September to freshen the whole
country, and furnish pasturage and water for our troops
within a few weeks, the new grass not being considered
good until about a month un. The colonists appear to
have too lightly estimated their foes, and the extreme
difficulty of the country, owing to its ruggedness and in
tersection by streams occasionally swollen to a dan
gerous extent, rendered it a toilsome undertaking to
victual a large force, but it is probable, from the sup-
plies of cash sent out, together with biscuit and
other articles of food, ammunition, and troops,
especially riflemen, we shall shortly be enabled to
teach the Kafirs a lesson of respect, and at the same
time to indemnify our colonists for the immense losses
they have sustained. It is obvious that the natives
must not be allowed to retain the stolen cattle, or to
evade payment for them where they have been con-
sumed or destroyed; and as to the neutral territory, we
must maintain it as a barrier against the warlike and
impetuous tribes which constantly violate our territory.
In our remarks yesterday as to the modification of the
Lisbon financial decree, we should have stated that the
notes of the bank were to be estimated at the current
rate of the day in respect to all past transactions, all of
which were made upon a specie basis. The decree stands
good, however, for all bargains effected after its pro-
mulgation, and Bank of Lisbon notes muse,
therefore, be taken at par, however small the
intrinsic value of them may be estimated, and which
we may suppose must continue unfavourable, seeing that
the Bank is well known to be in a weak position.
The public securities have been advanced about It cent.
to-day, Consols being 941 to 95 for Money. For the
15th January the rates have been 95 to 951, showing a
decided increase since yesterday in the rate of "con-
tinuation," and therefore renewed confidence among the
Bulls. The daily purchases for the Savings'-banks,
Annuities, &c., must, while continued, have a favourable
tfect, and the only counteracting influence will be in the
event of the rich corporations which hold largely, espe-
cially the insurance offices and banks, deeming it ad-
visable to sell out at any advance offering a fair profit.
Exchequer-bills are not higher at present than Bs. to
I Is. premium. Bank stock has been steady at 205 to
206. The New Three-and-a-Quarter per Cents. have
been 95-i 4, and the Three per Cents., 93i to 93i. East
India Stock is worth 2571.
The foreign securities have been very inactive again.
Portuguese Four per Cents. are somewhat firmer at 37 to
1; Spanish Three per Cents, are 371; Chilian Bonds have
been 53 to 54, and Brazilian 844 to 85 4 ; Russian Bonds
have been at 1111 ; Dutch Two-and-a,Half per Cents. at
599 1; and Belgian Four-and-a-Half per Cents. at 95.
hares are nearly all rather higher to-day, and
Shrewsbury and Birmingham and other favourite scrips
more especially so. The French lines have participated
in the rally.
BRITISH FUNDS THIS DAY AT ONE O'CLOCK.
(From the Official List.)
Bank Stock .205 206
3 per Cent. Reduced Annuitie5............ 93.5A11/27g
3 per Cent. Consols Anns 94:j:, 95
New 31% per Cent. Annuities
Long Annuities, Jan. sth, Expire 1860 9% 15-16
Do. 30 Years, Expire Jan. 5, 1860.. 10 1-16 3-16
fpdia Stock 2571 i
South Sea Stock
Ditto Old Annuities
Ditto New Annuities
Consols for Opening, Jan. 15 951/4
Exchequer Bills.
1,000/.
5001.
Ditto Small
1 RICE OF FOREIGN FUNDS AT ONE O'CLOCK.
Brazilian Bonds, 5 per Cent 85% 84%
Chilian Bonds, 6 per Cent
Ditto Deferred ...

Portuguese 4 per Cents 371/2
Russian Bonds, 1822, 5 per Cent lll4
Spanish Bonds, 5 per Cent, 1840 —
Ditto 3 per Cent 37IA
Dividends on the above payable in London.
Belgian 41/2 per Cent 95
Dutch 21/2 per Cents
Ditto 4 per Cent. Certificates
BUSINESS DONE IN RAILWAY SIIARES AT ONE O'CLOCK
RAILWAYS. PAID. PER SHARE.
Aberdeen
Amber., Notting., Boston, &c. 25/8 25/8 to
Ar ma gh, Colerame, & Portrush 1% to
Belfast and County Down .. 4% .. ..
Birmingham and Dudley ..... 425. ... .

Birmui—gham and Gloucester..loo ......
Do. New (iss. at 71/, dis.).. 17% — -
Birmingham & Oxford June... 2
Birkenhead, Lancashire, and
Cheshire Junction 23/4 — ..... to
Boston, Stamf , & Binning... 225.
Bristol and Exeter
Do., New ... ..... ... 5
Bristol and Gloucester 3O
Bristol and Liverpool June... 21/, — -
liuckinghamsbire B4s.
Caledonian
Ditto, Half Shares
Cambrian and Grand Junct.. 425.
Chester and Holyhead... 271/2 25 to
Churnet and Blythe..
Chester and Manchester 42s.
Cheltenham and Oxford
Clydesdale Junction
Cork, Blackrock, & Passages 225. -
Cork and Killarney 2l/2.- to
Cork and Waterford ll/2 to
Cornwall
Ditto, Half Shares
Cornwall and Central Devon 2% to
Derby and Crewe
Direct Lincoln, East Retford,
and Sheffield Junction— 2% to
Direct Northern
Direct Norwich 1
Dublin and Belfast Junction.. 12% — to
Dublin, Belfast, & Coleraine 2% — to
Dublin and Galway ...
Dundalk and Enniskillen ... 10
Eastern Counties l4l. 16s ... 22% .... .to 23
Do. New l2/. 16s 7%% p to
Do. Perpet., 5 per ct. No. 1,6/. 13s. 4d
Do., do N 0.2,6/. 13s. 4d... ...... to
Do., York Extension ...... 2 ...... 3% to
East Dereham and Norwich 1 -
Eastern Union
Ditto, Quarter Shares -
Do. Extension to Harwich 1% — ...... to

Do. Cambridge and Ely ... 21/2 — to
14
East Lancashire
Ditto, New
Do. ( late Preston & Ormsk.) 21,4 ... ...... to
East Lincolnshire IIA — ..... to
East and West of England... 1% — to
Edinburgh and Glasgow
Ditto, Halt Shares
Ditto, Quarter Shares I2IA — to
Edinburgh and Northern ... 121/2 —
.. to
Edinburgh and Perth
Ely and Huntingdon
Enniskillen and Sligo ..... .... 21/, _
Exeter ,Yeovil, & Dorchester 514 3% to
Glasgow, Kilmarnock, & Ayr 50 ..... .
Ditto, New
Do. 14 Shares (5 per ct. gua.) 12% ~,,„ ..
Glouc., Aberystwyth, and Cen.
of Wales
Goole, Doncaster, Sheffid., &c 425..... . to
Grand Union (Nott. & Lynn) 1%••.... ... to
Great Eastern and Western... 21/2 — _ to
Great Grimsby and Sheffield 10
Gt. South. & West. (Ireland) 271/2 291/ to 8
Great M 2
unster
...... to
Great North of Scotland 2%,.,,,, . ..... to
Great North of England 100 ......234
Ditto, New 5 — to
Ditto, New .. 15 ... .. ... to
Ditto, New
...... ..... to
Great Western
Ditto, Half Shares SO
Ditto, Quarter Shares
Ditto, Fifths
Do. New
Huddersfield am? Manchester 13 ......
Di tte, Extension
Hull and Selby
Ditto, Quarter Shares . 12% — ...... to
' Ditto Half Shares
Ipswich & Bury St. Edmunds 111/ l2l/14% to
Do. do. and Norwich
Lancaster and Carlisle SO
Do. New 5 — to
Leeds and Bradford 3O
Leeds and Carlisle
Leicester and Birmingham... 225. -
Leicester and Bedford 22s.
Leeds, Dewsbury, & Manchss. 221/ 33% to
Ditto, Branch (Blue) - ....• to
Ditto, Extension (Green).. 2% —
Leeds and Thirsk ......... 17% —
Ditto, New •• •• •
Liverpool, Manchester, and
Newcastle Junction 2% 2% to --
_ .

Liverpool and Bury l4
London & Blackwall...l6l. 13s. 4d — to
Do. New .
Do. Extension
Lund., Bright., & South Coast 50 ...... 5814 to
Do. FL Lis
Do. Guaranteeds per Cent. 9 . .....
London and Greenwich... 121.155. 4d... —.
Ditto Preference lBl 17s 2d... ...... to
London,Hounslow,&Western 2 , .„, _ to
London and North Western..loo ......1911/ 193 to 192
Do. Quarter Shares
Do. do. New ...... .... ...... 2
Do. do. Fifths
1)o. Eighths G. J. 121/,2
Do. New Quarters ...G. J. 5
Do. 40/. Shares.....L. &M. 8
London and S. Western.... 411.6 s 10d 64 ..• to
Do.NewconsolidatedBths.. 40
Ditto New
Do. New lB
Ditto Tenths 5 ...... 5V ii... to
Ditto Tenths
Ditto Guaranteed 5 ...... 5%3/4... to
Ditto ditto
London and Y0rk...... ...... 2% 2% to —..
Ditto Extension