The Sun.
London, England, 1848-08-16 00:00:00

31.01!1;EY and COMMERCIAL WS.
CITY, QUARTKI? TO HREE.

In the Cotton market at Liverpool yesterday the sales
were 4,000 bales at about previous rates. Shares were
flat.

The prospect of fine weather has a favourable effect
in the City, and if it could be insured would exercise
even an important influence, so much do our men of
business look to it. The great question now, how-
ever, is whether the potato disease has so far extended as
to be incureable where it has made its appearance. On
this head our accounts are not of a decisive character,
but of the injury done there can be no question.
The accounts from France respecting the harvest are
favourable, but there is a less ample yield than was ex •
pected.
From the commercial towns of France we have better
advices, but there is no improvement yet in the advices
from other parts of the continent.
The New York and Canada letters and papers are not
of very great interest, but the pressure in the money
market continued, concurrently with a very dull trade
in the United States, as is usual at this season of the
year. The crops of grain and cotton are so abundant,
and prices rule so moderate in America, that we may
expect fair supplies, although the rate of exchange is
already more in favour of the New York merchant,
being reduced to 109 i and 109. That Europe cannot
suffer without America being affected we may judge by
the following extract:—

" The whole of Europe is in a terrible condition, and
our only hope is, that Great Britain may escape the
blast which has swept from one end of the Continent to
the other with such devastating effect. If England
escape, we shall continue to find extensive markets for
our products, and our prosperity will be partially pre-
served. Our markets on the Continent have almost
become extinct, so that the worst in that particular has
already been realised; but, every week or month, con-
sumption in that section of the world is restricted or
limited—so much the more injurious must be the revo-
lution causing such a state of things. With the excep-
tion of Great Britain, our European export trade has
been literally annihilated; but unfortunately, our import
trade with these countries has not met with a similar fate,
but on the contrary, has rather increased than other-
wise. Importers and speculators in this country have
taken advantage of the financial embarrassments growing
out of the revolution, which the manufacturers of France
and Europe generally have laboured under, and have par-
chased of them for cash goods at one half their cost, and
have filled our markets. A portion of the specie which
has been shipped from this port within the last four
months went abroad for this purpose, and while our
exports had become reduced to the lowest limit, and ex-
change drawn upon previous shipments of produce, was
coming back protested, millions of dollars of gold and
silver were going forward to purchase goods which could
not be obtained on the usual credit. In this way, our
whole foreign trade has become deranged, and we have
thus far borne the brunt of the commercial revulsions
and political revolutions in Europe."
The increase in the tonnage of vessels arrived at
Quebec 'up to July 27 this year, is 162 tons, as compared
with the corresponding period of 1847.
The Funds have been very steady to-day, but are re-
pressed by the uncertainty respecting continental affairs.
Consols have been 861 to 861 for transfer, and 86} to
8411 for Account. Exchequer-bills have been 325. to
355. premium. Bank Stock is worth 197 to 199.
The speculators are rather anxious about to-morrow,
when it is expected that the Bank may possibly advance
the rate of discount. We do not by any means, how-
ever, regard this at present as a matter of certainty.
The Foreign Securities have been very quiet. Spanish
Five- per Cents, are 11f to 12 ; the Three per Cents.
214 to 22 ; Portuguese Four per Cents. 171 to 181 ;
Brazilian 70 to 72 ; and Mexican 16f to 16i. Dutch
Two-and- a-Half per Cents, have been 44i.
Railway Shares continue rather flat. This is settling
day in the market.

_
ONE CLOSING
PRICES OF BRITISH FUNDS. O'CLOCK. PRICES.
Bank Stock 1971,E 199 199
3 per Cent. Reduced Anns 804% 8614
3 per Cent. Consols Annuities. 86% %% 86
New 31% per Cent. Ann 5...... B7 871,E $7
Long Anns. to expire J an. 1860 8 15.16 % B%

India Stock - 240 242
India Bonds, 1,000/. .....
Ditto under 1,0001..........« 25 p
Consols for Account 8614 ihl‘
Exchequer Bills. 21,4 d. & 2d.'
1,000/. March 25 28 24p
1,000/. June ..... 32 31 p
5001. March
Small, March •.
Small, June
PRICES 05' FOREIGN FUNDS.

25 p
86

ONE
O'CLOCN.

CLOSING
PRICES.
86
16%

Chilian Bonds 6 per Cent
Mexican, 5 per Cent. 1846 16%%
...
Spanish 5 per Cent. 1840.
Ditto, Passive
Ditto, 3 per Cent ...... 21% 21%
Ditto, Account — 22
Dividends on the above payable in London.
Belgian 4% per Cent
Dutch 2% per Cent., 12 Guild 4414 44
Ditto. 4 per Cent. Certificates 70 71 71
PRICES OF DAID. BUSINESS DONE CLOSING
RAILWAY SHARES. ' AT ONE O'CLOCK. PRICES.
Aberdeen 5O ......
Amber. Nott., Boston,
and Eastern Junction 33/4......
Ayrshire and Galloway.. 2%
Belfast Si County Down 16 - -
Birmingham and Ox-
ford Junction .... .” 20
Birmingham, Wolver-
hampton, and Dudley 10
Birming.,Wolverh'pton,
and Stour Valley 13/. 145...
Birkenhead, Lancashire,
and Cheshire June 10
Boston, Stamfd & Birm. 5
Bristol and Exeter B5
Ditto, Thirds . ..... 25
Buckinghamshire... 14/. 4r.
Caledonian
Ditto, Half Shares .. 83i ......
Do. New 10/. Pref 2%...... 2% 3
Ditto,Clydesdale June 50 -
Chester and Holyhead... 47% 26 •
21
Ditto, Preference l5
Clarence
Do. Ist Class, 6 per Ct. 10
Do. 2d Class, 5 per Ct. 10
Do. Government Loan,
4 per Cent.
Direct London & Ports-
mouth -
Dublin and Belfast June. 30 -
Dundalk & Enniskillen 20
East Anglia, 25/., L. &
•
E. and L. and D...... 25 .....„
Do., 18/., E. & H.... 18 .....
Do., 3/. 10s.
Eastern Counties 2O ...... 14;06
Do. New Guaranteed
6 per Cent.
Ditto, Extension, 5 per
Cent., No. 1 ..6/. 13s. 4d....
Ditto ditto, No. 2...61. 13s. 4d...
Do. North. & Eastern 50
Do., 5 per cent.
Do. Quarters
Do. New 23 —
Eastern Union, Class A
(late E. U. Shares) 25
Ditto, Class A, ditto... 1
• Ditto, Class B (L &
and B.)
Ditto, Class C, ditto... 17%. .... ...............
Do. Scrip (6 percent.) 10 ...... , ......
.....
Ditto, ditto ..
•... ..........
Ditto (C. & E.) guar.
5 per cent.
East Lancashire ........ . 25

Ditto, New
.....„ .. ......... ....
Ditto, New Quarters 614
Do., 6 per Cent. Pre-
ference Quarters ... 29i......
East Lincolnshire ....•• 23 - •••
Edinburgh and Glasgow 50 . 39 82
Ditto, Half Shares ... 15 .
.. .... • ••••••
Ditto, Quarter Shares 12%........
Edinburgh and Northern 25 —
Ditto, New........."" 61,4 —
Ditto, New
p0rt......... 13 -• •• .........
Ditto, ditto, New..,,.. VA —
Exeter,Yeovil, & Dorch. 2%
Ditto, New ...- ....... 2% .....
Glasgow, Due nd
Carlisle .. ..........Si.- 6s. 8d....
Glasgow,Kilmar., & Ayr 50 ......
Ditto, New ... ..... .... 40
Do. Preference Consol. 15
15 5%3/4
Do., London and York 2% .. .. .
......
great South. and West.
(Ireland) ... 42% ss js 25%
Great North of England.loo
......
Ditto, New, 401
Ditto, New, 301 3O — Ditto, New, 151 l4 .. ..
Great Western 9O ... .. 83 84 82%
Ditto, % Shares 5O
Ditto, 14 Shares
Ditto, Fifths 2O
Ditto, New 171....... 13 ...
Huddersfield and Manch. 28
Ditto, Thirds
Hull and Selby ..
Ditto, Half Shares
Ditto, IA Shares
Lancaster and Carlisle 5O ......
Ditto, Thirds
Lancashire & Yorkshire 93 —
Ditto, ditto
Ditto, % Shares ...... 43 ... ..
Do. Fifths... Quarter Shares... 17%
D 714
Do. Sixteenths 64 ............ ..
•••
...
DDoo..
NThewir,dGs
u(Ra.e6gp.)e.i..c..t.. 123%.....
_—
Do. Liverp. and Bury 43
Ditto % (late Hud-
derstield and Sheff.) 38
_ _

Do.(Wakefield,Ponte-
. tract, and Goole) ... 50
Do. (Preston Sz Wyre) 25
.........
Do. IA Shares (A)... ...........
Leeds and Bradford 5O ...... """""""• "'Lekds, Dewsbury, &c 5O
...............
Do., Half Shares ...... 22 t/2
....
Do.. (blue) Scrip......
Leeds and Thirsk 50 ...
..........
Ditto, New
Do., Prefer., 6 per CL Liverpool, Crosby and .......
Southport ........... . 31i2......
Liverp., Manchester, and
Newcastle Junction... 21/i ......
London &Blackwall...l3/. 6s. 8d.... 414
Do. Extension......,,
London, Brighton, and .....
South Coast
Do. Consol. Eighths. 50
..... 28%
Do. Guarant.s per ct.., 9
.........
Do. Pref. Con. 5 per ct. 50 .•
ditt0...... 1852 50
Ditto, New 51., guar.
6 per cent.
London and Greenwich 12/1584d..•`. .. ; . . ••■••
I Ditto, Preference... 1811752 d...