The Sun.
London, England, 1848-05-15 00:00:00

INIONEY and COMMERCIAL NEWS.
CITY, QUARTER TO THREE.
In the Cotton Market at Liverpool on Saturday the
sales were nearly 5,000 bales. The market was steady.
Less business was done in Railway Shares, owing to
the settlement of the Account, and prices had rather a
tendency to decline.
There are no ship arrivals with late colonial or foreign
news, but the advices by the continental mails engross
undivided attention, and, in many respects, are as con-
flicting as ever. The prospect of an early settlement of
the Danish question is now considered to be better, and
Prussia is expected to be more inclined to
listen to an accommodation since Russia and Sweden,
in addition to England, are inclined to advocate the
rights of Denmark. The injury done to the commerce
of Germany, notwithstanding the considerate raising of
the blockade of the Elbe and the Weser, is as likely to
promote a speedy adjusment as any argument, remon-
strance, or mediation.
At Hamburgh, last Friday, money was easy. The
exchange on London was 13s. 6id., being one schilling
higher than per previous reports.
The Corn Market is very quiet to-day, and prices aro
maintained for Wheat and other articles, although the
weather is so fine. The supplies, generally, are scanty,
as from the Baltic ports there can be very little expected
just now.
The following report upon the state of the iron trade,
is from Aris' Gazette, received to-day :
"In the early part of the fortnight, a considerable
movement took place in this trade. It became known
that the Shropshire houses had been induced to submit
to abatements, in consequence of the rates at which con-
tracts for rails had been taken, added to the very low
prices of Welch and Scotch iron generally. It was also
reported that the monthly circular of Lord Ward's agent
has notified a similar decline.
"The aspect of political affairs on the Continent ap-
peared to be daily growing more gloomy, and the ac-
counts from our colonial and American connexions were
any thing but cheering. Under these circumstances, it
becameluntenable. Pressing engagements also in many
instances required to be provided for, and a disposition
to sell was thus induced, particularly among pig-
holders, amounting to almost a panic, of which
many of the manufacturers dependent upon purchases
availed themselves to recruit their exhausted supplies of
metal. Considerable quantities of Staffordshire pig
were sold during the week, and, we are sorry to say,
some at unwarrantably low rates; one sale was mentioned
at 555. per ton. Manufactured iron, also, was negotiated
to some extent at a decline, and abatements to a greater
or less per tentage to avoid countermands, have been
conceded upon progressing contracts. The pig trade,
however, has been most severely affected; and thus con-
firmation has been given to our previous remarks, that
over-production was the dangermost imminent, and that
the resumption of produce, without a correspond-
' ing revival of demand, would be found a se.
rious obstacle in the way of improvement. Al-
though matters seem to have rallied a little
during the last week, and quotations have become con-
siderably more firm under the increased demand, still
great confusion prevails, and business is being transacted,
even by those who enjoy the most favourable situations
and circumstances, upon terms that afford no compensa-
tion either for risk or amount of capital employed."
The English Funds have been very flat again to-day,
and there is a further decline in prices, although the
business doing is extremely limited, and scarcely any
speculation is going forward. Consols have been 83 to
831 for transfer and time. The New Three-and-a-
Quarter per Cents. have been 82k to 4. Bank Stock
is not higher than 189 k, and India Stock has been at
232. Exchequer-bills have been 359. to 41s. premium,
and Indian Bonds 21s. to 235. premium.
2du Foreignenlimni;upteoh:tetoat2. Portuguese
a u d
FSpanisholFour
FiveMarket;p per
hrn epdce dealings eni aet
Cents.
Cents.nTg hhs Three
ehvheena
vvpebee
been
beenalsoe Cn e n
quotedtsba. been
t eanat
17 ; and the old Five per Cents. 69/ to 70. Mexi-
can Stock is worth 15k to 154 ; and Brazilian, 69.
Russian Bonds have been at 85 to 85k.
This is " ticket " day in the Share Market, and the
passing of the names of parties who intend to take their
shares has engaged chief attention ; in fact scarcely
any other business is doing. Prices rule much the same
as on Saturday, but there is rather a disposition among
the public to hold on, or buy, than to sell.
ONE
PRICES OF BRITISH FUNDS. O'CLOCK.
Bank Stock ..- .........189!4

CLOSING
PRICES.
190

3 per Cent. Reduced Anns 81363/a 811
3 per Cent. Consols Annuities 831,E 83 831‘ 83%
Nett- 3 per Cent. Arens 823/ % 821/2
Long Anna. to expire Jan. 1860
Ditto 30 years, Jan. 5, 1860 8 11-16 8 11-16
India Stock 232 232
India Bonds, 1,0001.
Ditto under 1,000/. • - .....
Consols for Account, ...... .... ..
Rxchequer-Rills. - •' ' lid. & 3d. • •
-1;000/. June " :' .'. - • - 46 p
1,000/:' March . . '
44 41 p . 41 p
500/. June
5001. March 44 p 44 p
Small, June
Small, March
ONE CLOSING
PRICES OF FOREIGN FUNDS. O'CLOCK. PRICES.
Brazilian Bonds

Do., New, 1843 . ......... 69'681, 68
Mexican, 5 per Cent. 1846 lslh 151/
Ditto, Account 15% 153/4
Peruvian Bonds, 6 per Cents — 361,¢
Portuguese 5 per Cents. 691,1 70 70
Ditto, 4 per Cent l7 17
Russian Bonds

Spanish 5 per Cent. 1840.
Ditto, Account 12% 1134 1134
Ditto 3 per Cent...
Dividends on the above payble in London.
Belgian 4% per Cent
Dutch 2% per Cent., 12 Guild — 413%
Ditto. 4 per Cent. Certificates 63
PRICES OF BUSINESS DONE CLOSING
RAILWAY SHARES. PAID' AT ONE O'CLOCK. PRICES.
Aberdeen
Amber., Nott., Boston,
and Eastern Junction 3!4(......
Ayrshire and Galloway.. 2% — --
Belfast & County Down 14%

Birmingham and Ox-
ford Junction ... 20
Birmingham, Wolver-
hampton, and Dudley 10
Birming.,Wolverh'pton,
and Stour Valley 12/. 4s ...
Birkenhead, Lancashire,
and Cheshire June.— 734 . ..... .
Boston, Stamfd & Birm. 5
Bristol and Exeter B 5
Ditto, Thirds
Buckinghamshire... 121. 4s.
Caledonian ... 5O ... 31% 31 313/4...
Ditto, Half Shares .. 6
Ditto,Clydesdale June 50

Chester and Holyhead... 421,E
' 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-
month
Dublin and Belfast June. 25 ......
Dundalk & Enniskillen 171% — ..
East Anglia, 251., L. &
E. and L. and D...... 25
Do., 18/., E. & 11.... 18
Do., 3/. 10s. ...... ... 31/ - ... 3 ... ... 3
Eastern Counties ... ..... 20
Do. New Guaranteed
6 per Cent.
Ditto, Extension, 5 per
Cent., No. L..— 6/.135. 4d....
Ditto ditto, No. 2...61. 13s. 4d...
Do. North. & Eastern 50
Do. Quarters ... ...... 12%
Do. New
Eastern Union 50
Ditto, Quarter Shares 1214 —
Ditto, Thirds..... -.138.4d. . ....
Do. (guar. 6 percent.) 10
• ••
Ditto, ditto
East Lancashire
Ditto, New
Ditto, New Quarters 614 —
East Lincolnshire
Edinburgh and Glasgow 50 ...... ........
..
Ditto, Half Shares ... 15 .. ..
Ditto, Quarter Shares 123......
Edinburgh and Northern 25 —
Ditto, New.. 614 —
Ditto, Newport l3 —
Ditto, ditto, New 3%. ....
Exeter,Yeovil, & Dorch. 2%
Ditto, New ... 2% ..
Glasgow, Dumfries, and
Carlisle
Glasgow,Kilmar., & Ayr 50 ... .
Ditto, New ... .... -.. 40 ......
Do. Preference Consol. 15 ..... --
Great Northern ......... 13 ..... 35614 y; ... ' ***
Do., London and York 2%..... - ....
•• ....
Great South. and West. .
(Ireland)
Great North of England.loo ......229%
Ditto, New, 401. ..... ... 5
...... _
..
.
Ditto, New, 30/ 3O ....
. 69
Great Western
............
Ditto, New, 151 1114.. .. . _ ... ..
90
...
..
95 ........
95
Ditto, % Shares
Ditto, 14 Shares
Ditto, Fifths
Ditto, New 171.- ..... 9%... - 81,2 8
Huddersfield and Manch. 26
Ditto, Thirds
Hull and Selby .. ...... 50 ...... 98 99
Ditto, Half Shares ... 25 ......
Ditto, IA Shares - ...
Ipswich &Bury St. Edm. 17% .. —
Do., do., and Norwich 17% — .....
Do., do, Extens. Scrip
(late Camb. & Ely) 214 — ......... .... .
Lancaster and Carlisle... 50
Ditto, Thirds
Lancashire & Yorkshire 93 ......
Ditto, ditto
Ditto, % Shares - -
1)0. Quarter Shares... 141
Do. Sixteenths.........
lisihixfitrthecsue n(
Rt hesg. .. 3 ....
13961,4.
... 763/:1
......
Do. (leis Hue 43 •
DittoB
derstield and knt:6
Do. (Wakefiel he")
38
tract, and G Do.( W. Ridinglle) •••1 50 —
_
D
o. ((Preston & a::n1 6 **
***
--f
lA ......
Leeds,o:D::
Leeds and Bradfosr(4'... 9 ....
(blue) SW; .....
-2-IL . * * --
d ..
INlAeda wleTfl Shares
hl 1 iaUrr E. ek 11V7'.. . 1,:..r.:: 4:226 -n-6750 ;:m
.................................... 2:73 ....-
.....
....
L eppbe dioots": ...."'
, .. ......
•23
Do., Prefer, , 6 ... ...
....
Liverpool, Cresby. er st 3%........ ......- ••• •••
4.1.41.0
Southport . .... - al
Liverp., Manchester, and 2 ......
--
Newcastle Jula ti 912... 2% ... .. ...

I* sn'