The Sun.
London, England, 1848-09-16 00:00:00

MONEY k:1,1 COMMEt?Cf At
CITY, QUARTER TO THREE..
The Cot' on Market at Liverpool yesterday was dull,
owing to the reported abundant crops, and prices ap
peered to be drooping. Sales of the a Eck 28,820 bales.
The Railway Share Market was a trifle better, but not
much was dui:T.
There are several causes apparenl,ly acting upon the
Bank of England note circulation, which again last week
experienced a reduction. The augmentation of the
deposits, and at the same time the reduction of the
securities, tends to this result, and the former more par-
ticuly, although trade is undoubtedly very dull, and
o&rs no facility for extensive discount operations. The
precious metals accumulate, notwithstanding the steady
imports of grain. The Government balance is larger,
but there is no means of ascertaining vrhether this is
the result of revenue receipts, or of stock realizatiens.
The following are the items in the balance-sheet for the
week to the 9th instant:
Notes issued 26,958,875
Increase 75,370
Rest
Increase
Public Deposits 5,460,328
Increase
Other Deposits 8,771,338
Decrease
Seven Day and other Bills
Decrease
Government Securities
Other Securities
Decrease
Not es ..... 9,114,210
Increase
Bullion
Increase 156.820

Active circulation
Decrease
The bulk of the accounts from America were received
after our article of yesterday was concluded, and we
may add some items of commercial interest. A party
writing at New York observes—

" The political condition of Europe is any thing but
encouraging, and the prospect is, that it will be worse
before it is better. At present, only the smaller powers
are involved in a war, which of itself is not calculated
to do much harm, but the danger of drawing others into
the difficulty is great, and so long as the question is un-
settled or undecided, there can be no favourable-change
in commercial matters. Every one here is waiting the
is.ne, out of all patience with its protraction, but un-
able to move safely so long as it remains open. In the
event of a general war throughout Europe growing out
ot the present position of things, we may at once aban-
don ell hope ot any improvement in prices for our great
manufac'uring staples, and make up our minds fur a
moderato demand for all of our exports except bread-
stuffs. Oa the other hand, if the c!oodl which darken
the political horizon of the whole world ate dispersed,
and the bright blue sky of peace and goodwill among all
nations appears and extends over them, we must rapidly
recover from the prostrate position we have so long cc-
cup'ed. and immediately put into active operation all
the elements of prosperity whieh exist so abundantly,
particularly in this country. Our energies have been so
long restrained that they are so strong and vigorous,
and all we want is an opportunity to bring them into
action."

Accounts prom Venezuela, via New Orleans, and
dated Porte Cabello, to the beginning of August, state—
"ln politica we are at this moment as unsettled as
ever. Government lacks all means, whilst the Mara-
caibo flotilla seems to be on the increase, and has fur
several days past been cruising in our neighbour-
hood, and keeping the authorities in alarm. Our gar-
rison has again been increased, whilst the Government
Squadron remains in complete inactivity for want of
people and means, and there is no knowing where this
will end. Until the news from Europe, and from your
quarter, becomes a little more favourable, we cannot
expect any amelioration. Money will not circulate
more freely until some demand springs up for our pro-
duce, of which we see no immediate prospect. Business
inis a very depressed condition, awing partly
to the seasons, and partly, however, to the continued un-
settled state of the country and the scarcity of money.
In produce there is nothing doing, and prices are but
nominal. Fair green coffee, which is now becoming
scarce, may be quoted at 85.50 a 86; hides, 85 a 85.25;
indigo 6k a 6irs. Cotton without any purchasers."
There is a firmer market to-day fur the Public Secu-
rities, although without any increase of business. Con-
sols have been 85k to 86k for Transfer, and 86k # for Ac-
count. Exchequer• bills of June have been quoted 235. to
265. premium. The New Three per Cents. Reduced An-
nuities are 85k. The brilliancy of the weather has given
a better tone to the market, which would probably advance
more decidedly were the Italian question arranged.
The Foreign Bonds are very qeiet. Portuguese Four
per Cents. 211 to 21k, Mexican 161, and Chilian Three
per Cents. 45 to 47. Russian Stock has been at par.
Dutch Four per Cents. are 71; Spanish Three per
Cent,. are about 22k to 23. The Finance Minister, M.
Mon, promises great things, but there is very little con-
fidence in him.

Railway Shares have been very heavy again, but there
is not quite such a pressure of sales.

OAF
O'CLOCK

P t ''ItITISH FUNDS.

CLOSING
Pith 'LS.
85%
86
236
86%
29 p
23 p

3 per Cent. Reduced Anns
8 per Cent. Consols Annuities 85% 86 %,
India Stook

Consols for Account, Oct. 17
F.xchequer Bills. 2%c1. & 2d.
1,0001. March
1,0001. Juno
Small, March 32 p
Small, June
PRICES OF FOREIGN FUNDS oNE
O'CL XX.

CLOSlis li
?RICE&

Chilian Bonds 6 per Cent
Ditto. 3 per Cent 47 45 45
Grenada Bonds, 1 per Cent.
Mexican. 5 per Cent. 1846 1654 16%
Ditto, Small — 1631,
Portuguese 5 per Cents. —
Ditto. 4 per Cent. 211% 214
Ditto, Account 2174 213 a
Russian Bonds .... ..... . . lOO 99
Spanish 5 per Cent. 1840.
Ditto, 3 per Cent .-.
Venezuela Bonds, 234 per Cent —
Dividends on the above payable in London.
Dutch 24 per Cent., 12 Guild —
Ditto. 4 Der Cent. Certificates 71
PRICES OF PAID . BUSINESS DONE CLOSING
RAILWAY SHARES. AT ONE O'CLOCK. PRICES.
tberdeen 5O .....
Amber. Nott., Boston,
and Eastern Junction 33/q......
Ayrshire and Galloway.. 24
Belfast & County Down 1734 — -
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 ....
8 uckinghamshlre... 141. 4s
C aledonian
Ditto, Half Shares .. 814 —
Do. New 101. Pref..... 234 2 1%
Ditto,ClydesdaleJunc 50 —
Ch( id Holyhead, 474...... 21 ..--

Jester and Holyu .. ,
7-8.!4 - ...............
Preference l5 ......
_I3IA ..............
10
... ............
ClarenceDDDDoooi...tGt2losovCCe lr
nlaasnisss,
:5n6
tppLeeror Ca
nctt, ig
4 per Cent. ..
Direct London & Ports-
mouth
Dublin and Belfast June. 30
Dundalk & Enniskillen 20 ......
..
East Anglia, 251., L. &
E. and L. and D... •-• 25 ...... ---. ... .
........
Do., 18/., E. & 11.... •18 ......
Do., 3/. 10s. ...... ... 3 t/. -...—
Eastern Counties........ 20 ...... 1274% "
Do. New Guaranteed
6 per Cent.....„.... 5
Ditto,Extension,s per ••
Cent., No. 1 -6/.135. 4d....
Ditto ditto, No. 2...61. 133. C 1...
Do. North. & Eastern 50
Do., 5 per cent.
... .. ...
-'—
Do. Quarters ....
Do. New
Eastern Union, Class A
(late E. U. Shares) 25
Ditto, Class A, ditto.- 1
....
Ditto, Class B (L &
and B.) 2O —
Ditto, Class C, ditto... 17%. .... .
......
Do. Scrip (6 percent.) 10 ...... _.—
Ditto, ditto
Ditto (C. & E.) guar.
5 per cent...-.
East Lancashire
16
Ditto, New
Ditto, New Quarters 614 .- ..„
Do., 6 per Cent. Pre-
ference Quarters ... VA
East Lincolnshire ...... 23 A.
... - _
Edinburgh aud Glasgow 50 .....• -»
Ditto, Half Shares ... 15
.. ..
Ditto, Quarter Shares 12...... ••
Edinburgh and Northern 25
Ditto, New.. t;l,4 —
Ditto, Newport
Dittu, unto, New
:'1•
....
ttxster,Yeovil, & Durcla. 4,'
Ditto, New
Lilasi;ow, Dumfries, and 25/3
- ..
Carlisle ....... ... -8/. 6s. 8d....
G 1;

[asgow,iiilinar.,& Ayr 5U - -
Ditto, New ... ...... ... 40 - -
•
Do•Preterence Consul. 15 - ••• •• ••• -•
l 7 •• •• 6%1/814 6 :rent Northern
..--
;rl),:aot.,Louuttiri.ouzu
jande,au,rt 2% ••.• .. • -
421/2•••••• - ••••• ....... - (Ireland)
,rreat North of Engianu 140 VO •••••• -
• ....... -
Pato, New, 4ui -
15 - .• ........... -
Ditto, ditto
Limo, N ew, SW
D:it,,, Now, 151......... 14 .. - ... .......... . /2
4ireat Western
9U ••• .• 74 72 7:3 ........ 73
pato, ii v_ a Shares
21 .....
50
-15 ii-li
.I.
5.... ........ ......... 41
26
i''?2
Ditto, '4,1 Shares
..
Ditto, FAIL;
Ditto, Ne,w 171- .. . 13 •••
...............
LluDditltvztil,ebletiradlisd Manch. 2/93
.....- :::
...........
....043/-
; toll and Selby .. ...... 50 -
...............
Ditto, Halt Shares ... 25 ••••,„ -
..... --
Ditto, 1,4 Shares
..... AI
.....
.......... -•• .....
:.aneaster and Carlisle 5O -
- ..-
Ditto, Thirds -
........ Lancashire & Yorkshire 93 ...... .... ..•--
.
Ditto, ditto
••••• - ..............
Ditto, I;• Shares .... 43 ••••
......
• -
IDo.
(E2iuftarhste.r.... 5hare5,,........ 17
I ...• •'
.....-
.... ---.471', x. .... ..... ...... .. 4% 7t.d.
...... ••• • ..... ••••
Do. . TSilixirtdeesll(tlflic3g"; ...•" 13614..... -21,4 .....
. .....
-2!4
• .••••
Du. New•Gla.6 per ct. *i .•
-
Do. Liverp. and Bury 43 2
4••••