The Sun.
London, England, 1846-12-30 00:00:00

MONEY and COMMERCIAL NEWS

CITY, QUARTER TO THREE.
At Liverpool yesterday the sales of Cotton were 4,000
bales, about half of which was on' speculation. Prices
were steadily supported at an advance of nearly id. per
ib. con pared with last week.—Shares were quieter, and
not so high.
Although the market generally was not so strong, yet
a good business was done at Messrs. Lamond and Co.'s
sale of Railway Shares yesterday, at steady prices ; and
buyers came forward with spirit for the better descrip-
tions of stock. The following are a few of the prin-
cipal sales :
East Indian ...
South Yorkshire, Doncaster, and Goole 2 7 6
Great Luxembourg
Waterford, Wexford, and Valentia ...... 0 4 6
Taw Vale Extension and Dock
Eastern Counties, York Extension 3 12 6
Manchester and Southampton, 1847. 1 12 6
Newport and Abergavenny 0 15 6
Liverp. Manch. and Nevrcastle-upon-Tyne 2 10 0
Ambergate, Nottingham, and Boston
Shropshire Union and Canal (scrip)
Shrewsbury and Hereford
London and Manchester (Remington's) 0 9 6
Madrid and Yalentia
The arrival of the Ashburton packet-ship has put
all our City folks on the gui vive, for the
President's message has long been regarded as
a document of great interest to City men. Having
ourselves carefully perused the whole document, and
heard freely expressed the opinions of some of the
leading men in the American trade, we may fairly
express an opinion upon it as a whole, and which
taking the circumstances into consideration, and
the position in which a President stands towards
those who elect him, is certainly favourable. Mr.
Polk's history of the differences with Mexico, since
the year 1837, and his reflections upon the present
imbroglio, are as impartial as could be expected,
though it is impossible to deny that he
does " blink " the question, and " lugs " in
matters that were never beore alleged to
have provoked the present war. However, passons
par cela, the Mexicans undoubtedly have broken faith
in money matters, and Brother Jonathan has improved
upon their example by diregarding the rights of nations
besides.
The anticipations of advantage to both England and the
United States by the important modifications in the
respective tariffs are no doubt just, and will tend to con-
firm the tendency to liberty of commerce. As to the
new loan required to prosecute the Mexican war, it may
be hoped that it will not be raised, either wholly or
in part, in England, not only because we have
ample employment for all our surplus cash at home, and
the result of former loans has been so disastrous, but
likewise because any loan operation tends to derange
the exchanges which, with our present heavy corn im-
ports, it is highly desirable to keep uninfluenced by other
than trading balances.
The steamer from Halifax is now hourly expected.
The English Funds have not alternated to any extent
to-day ; but although they have not recovered the de-
pression of yesterday, or the effect of the sales then
pressed in the New Three-and a-Quarter per Cents, &c.,
the market for Consols is less fluctuating, and the cur-
rent values have been 93i to 94. New Three-and- a-
Quarter per Cents. are 95i to Bank Stock is worth
205. Exchequer Bills have been Bs. to I Is, premium,
being rather flat again.
In the Foreign Market arrangements are making for
to-morrow's settlement, which is likely, however, to be a
very small matter. Mexican Stock ;or Account has
risen to 24k; and Peruvian Bonds have been dull at 391.
Portuguese Four per Cents. have been quoted 37i, being
a slight decline; and Spanish Three per Cents. have re-
ceded to 38 and 37i. Austrian Bonds have been at 108.
The Share account is being now adjusted. This is
"name," and to.morrow will be "pay-day." The values
of the principal lines of railway have been tolerably well
supported, but there has not been much doing. Aber-
deen are rather lower, but Caledonian firm.

OsE CLOSING
PRICES OF BRITISH FUNDS. O'CLOCK. PRICES.
Bank Stock . 205 206
3 per Cent. Reduced Anns 944 94 94
New 34 per Cent. Annuities 95N % % 9534
Long Annuities to expire Jan.lB6o 9% 15-16 9 15-16
India Bonds, 1,000/ —
Ditto under 1,0001... — 20
South Sea Stock
Ditto New Annuities
Consols for Opening 93% 94 93% 93%
Exchequer Bills, 10004 11/2d.... 811— p 11 p
litto, 5001
Ditto. Small

ONE CLOSING
PRICES OF FOREIGN FUNDS. O'CLOCK PRICES
Austrian, 5 per Cent ....... 108 108
Brazilian Bonds
Mexican, 5 per Cent. 1846 —
Ditto, Account 24%
Peruvian Bonds, 6 per Cents 39%
Portuguese Bonds, 4 per Cent
Ditto. Account ..... ... ...... .....

Spanish 5 per Cent. 1840.
Ditto, Passive
Ditto 3 per Cent. ...... .......
Venezuela Bonds, 2 per Cent — 40
Dividends on the above payable in London.
Belgian 4% per Cent ......
Dutch, 2% per Cent .
Ditto. 4 per Cent.. Certificates 92%
PRICES OP BUSINESS DONE CLOSING
RAILWAY SH ARES PAID. AT ONE O'CLOCK. PRICES.
Aberdeen
Amber.. Nott., Boston,
and Eastern Junction 2%..... 2%
Armagh, Coleraine, and
Portrush 1%.....
Belfast & County Down 43/1 — •
Birmingham and Dudley 4.15. ... .. 6 % p 6% p
Bimini. and Gleucester..loo 128% 128%
Ditto New 17% — ... ... ......
Birmingham and Ox-
ord Junction
Birkenhead, Lancashire,
and Cheshire June.... 23/4
Boston, Stamtil, & Birm. 225. 5/ii:Y4 % p
liristot and Exeter
Ditto, New
Bristol and Gloucester... 30 ..--
Bristol and Liver. June.. 2%......
Buckinghamshire
._'aledonian
Ditto Halt Shares...... 21,4 2% ......... ..... 21/2
Ditto, Clydesdale June 25 . .
Chester and Holyhead... 27% 253/4 25%
Cliurnet and Blythe
Chester and Manchester 425.
Cheltexham and Oxford 2 ...... . —
Clarence
1)o. Ist Class, 6 per Ct. 10
Do. '2d Class, 5 per Ct. 10
Do. Government Loan,
4 per Cent.
Cork and Killarney ... 2%
Cork and Waterford ... 1% —
Cvrnwall
Ditto, Half Shares ... 2% ......... •••••
Direct Lincoln, East Ret-
ford, and Shard. June. 2% —.
Direct Northern Scrip.. 3% 2%%
Direct Norwich
Dublin and BelfastJunc. 12% — -
Dublin, Belfast, and
Coleraine
Dundalk & Enniskillen 10
EastemCounties 141. 165.......23% 22%
Ditto New l2l I6s 7% p,,,, 7% P
Ditto Perpetual, 5 per
Cent, No. 1.......61. 13s. 4d...
Ditto ditto, No. 2... 61. 13s. 4d...
Do., York Extension.. 2 ...... 3%3/4
EastDerch'm andNoech 1
Lastern Union 4O .. ... ••• •
Ditto, Quarter Shares 10
Do. Exten.(Harwich) 1% — ......... .....
...

3%

Do., Camb. and Ely.: 21i;......
East Lancashire
Ditto. New
.•
..• . ...............
Do., do. (late Preston
and Ormskirk)...
Do., do., New Scrip
East Lincolnshire ... -. 114 ... .• • 3 % •...............
East & West of England 1%.....• _
Edinburgh and Glasgow 50 ...... 77% ...
...
..
Ditto Half Shares ... 10 ...... 211%
Ditto, Quarter Shares 12 . -,
& Northern.. 12%.....• _
Edinburgh and Perth... 3
..•••
Ely and Huntingdon ... 12%.......14 13%
Enniskillen and Sligo ... 2%...... _
E x eter,Yeovil, & Dorset 2%
Glasgow, Dumfries, and
Carlisle
Glasgow, Kilmar., & Ayr 50 ......
Ditto, New
Do., J 4 Shares (5 per
cent. guar.) ... ...... 121,..
Goole, Doncaster, &c. .. 2
Great Eastern &Western 21,/a... ••• .........•• - Great Northern (London
and York Regd. )...... 2 %.• ... 2% % 2%
Do. (Direct Northern
Regd.)
Great South. and West.
(Ireland) ..
Great Munster 2%
Great North of Scotland 21,4......
GreatNorthof England-100 ......
Ditto New -
Ditto, New .
Ditto, New
Great Wester. B5
Ditto % Shares ..... ... 50
Ditto lA Shares lO
Ditto Fifths 2O -
Ditto, New .... 2
Huddersfield & blanches. 13
Ditto, Extension 3
Hull and Selby
1)o. Half Shares 25
Ditto 1,4 Shares
Ipswich & Bury St. Edm. 14 ~..... 13
Do., do., and Norwich 5
Lancaster and Carlisle... 50
Do. New
Leeds and Bradford
Leicester and Bedford... 16s.
Leeds, Dewsbilry, &c.... 22% — .. ........ ....
D- - "1.3!

7734
2114

2%

74
18%

..
-/o.' Branch (Blue) ... 2q - - ...
Do.Extension(Green) 212 — ....... •-••• •
Leeds and Thirsk 17%...... 16%%
Ditto, New
1)o., Prefer., 6 per Ct. 3% 5 ......
Do., Mnchstr & New
castle Junction 2%. .. ... 214...
London and Blackwall. 161. 133.4 d 8
Do. New
Ditto Extension - .
London, Brighton, and
South Coast 5O .. .. 58763/4 583/4
Ditto, Fifths
Do. Consol. Eighths.. 10
Do. Guarant. 5 per ct. 9
LondonandGreanwich 12115 s 4d
Do. Preference ...18/17s 2d —.. . .
London, Hounslow, and
Western
London and N. Westeraloo 195
Do. Quarters
Do., d0., New
Ditto Fifths ." """ 2 - ...... ........• --

16%
4,743
514