The Sun.
London, England, 1848-05-18 00:00:00

MONE Y and COMMERCIAL N.J6WS.
CITY, QUARTER TO TURE.K.
In the Liverpool Cotton Market, yesterday, the sales
were 3,000 to 4,000 bales. American realised 31d. to
s}(l. per lb. The market was heavy, but just maiut4ined
the Id. per lb. advance of Monday. Railway Shares
opened heavily, but improved and closed well.
There are no later arrivals to-day from the colonies,
nor are the Continental advices of particular novelty.
At Berlin, the Government still appears to be weak,
although supported by the middling classes, and affairs
there are far from settled. The Italian news promises
to be of a decisive character ere many days elapse.
We learn from Newfoundland that the seal fishery
has been uncommonly successful this spring. A fleet of
103 sealers, amounting to 10,046 tons and 8,415 men,
had sailed from the Port of St. John before the 14th of
March; 51 vessels from Harbour Grace between the Ist
and sth, and 31 from Carboneur. The first vessels
from the ice, the Nimrod, arrived the 18th March, with
about 3,000 seals ; the Dash arrived on the 21st with
about 9,000, and the Abeona with 4,700. One paper of
the 28th has a list of 25 arrivals, with 76,640 seals.
In former times the sealing fleet never put to sea before
the 18th March, the date of the first arrival this year.
It is stated in advicea from Belgium that M. Cambrai,
of Ghent, had returned from Spain, but that no absolute
arrangement had been come to respecting a new treaty
of commerce.
The reduction of 1 per cent. in the interest upon the
Exchequer-bills due next June, viz., from 3d. and 24d.
to 2d. per centum per diem, has excited some atten-
tion in financial circles, because of the tendency
which the measure may have to throw capital into other
channels. If trade should benefit, and share values
should be improved thereby, there will be reason •for
congratulation ; but some time may elapse ere our
bankers will place their money in funded securities,
because of the risk of a sudden reaction.
The accounts from Manchester report an improve-
ment in our home trade, and fuller employment for the
operatives. The fine weather has a very decided effect
in this respect, and all that is wanted is more liberal
orders from the Continent, where there is stated to
be already a want of goods, although there are suffi-
cient money facilities for doing business with profit

and ease.
There has been a further sullen advance in the public
securities, although business is very dull. Consols have
been quoted 841 to 841. The speculators are becoming
more bullish. New Three-and-a-Quarter per Cents.
are 831 to 84k ; and the Three per Cents. 821 to 83/.
Bank Stock has been up to 1911. Exchequer-bills
have been very little affected by the reduction which was
to be expected, and we do not anticipate any sales. The
premium has been 335. to 365.
In the Foreign Market the transactions have been
exceedingly restricted, but although the accounts
from Madrid are of an unfavourable tenor,
Spanish bonds have advanced. The Five per
Cents. have been 12i to 13, and the Three per Cents.
22 to 1. Portuguese Four per Cents. have been 17 to
and Brazilian small 68. Mexican Bonds *we at 15i.
Dutch Four per Cents. are 62.
Railway Shares have all improved, and a fair business
is doing.

ONE CLOS)NO
•ttiCEs OF IIItITISII FUNDS. O'CLOCK. PRICES.
Sank Stock 191% 191%
3 nor Cent. Reduced Anns..... 83% 82%% 82%
3 per Cent. Consols Annuities 84% % % 84%
3 per Cent. Annuities, 1726
N,w 3% per Cent. Anna. 84 81% 84% 83% 83%
AA igAnns. to expire Jan.lB6o -16 % 8 9-16
Ditto, Oct. 10, 1859 ..... -16 8 5-16
Ditto 30 years, Jan. 5, 1860 B3/t 8%
[ndia Stock
Lidia Bonds, 1,0001.
Ditto under 1,0001. ... .....
South Sea Stock
Ditto Old Annuities
Consuls for Account .....
Exchequer Bills. lid. & ad.
1,000/. June 35 33 36 p
1,000/. March ......
500/. June —
500/. March
Small, June
Small, March ............ ..

36 p
47 p
33 p
45 p
33 ?
45 p

ONE CLOSLN li
RICES OF FOREIGN FUNDS. O'CLOCK. PRICES.
Brazilian Bonds —
Ditto, 'mall6B 68
Buenos Ayres Bonds. 6 per Cent. 21
Grenada Bonds, 1 per Cent.
Mexican. 5 per Cent. 1846 — —7/g
Ditto, Account 15% 15%
Peruvian Bowls, 6 per Cents —
Ditto. Account ...... .......
Portuguese 5 per Cents. —
Ditto, 4 per. Cent ...
Ditto, Account 17% 17%
Ditto, Small l7 17
Russian Bonds . 87% 87%
Spanish 5 per Cent. 1840.
Ditto, Account l3 1234 1234
Ditto, Passive
Ditto 3 ner Cent 22 221/4 2214
Ditto. Account ..... ... ....-
Dividends on the above payblo in London.
Dutch 2% per Cent., 12 Guild — 42
Ditto, 4 Der Cent. Certificates 62 62

PRICES OF PAID. BUSINESS DONE CLOSING
RAILWAY SHARES. AT ONE O'CLOCK. PRICES.
Aberdeen
Anther., Nott., Boston,
and Eastern Junction 314......
Ayrshire and Galloway.. 214 —
Belfast & County Down 141 A -
Birmingham and Ox-
ford Junction .... ... 20
Birmingham, Wolver-
hampton, and Dudley 10 .....
Birming.,Wolverh'pton,
and Stour Valley 121. 4s ...
Birkenhead, Lancashire,
and Cheshire Juno 734...•.. .........••..
Bo,ton. Stamfd & Birm 5
Bristol and Exeter B5
Ditto, Thirds ... 25
Buckinghamshire... 141. 4s.
Caledonian
Ditto, Halt' Shares ..
_614 — 04

a

14%
3 dis
32,1 h

Ditto,Clydesdale June 50 -
Chester and Holyhead... 42%...... 24
Ditto, Preference l5 ......
Clarence
Do. Ist Class, 6 per Ct. 10
Do. 2a Class, 5 per Ct. 10
Do. Government Loan,
4 per Cent.
Direct London & Ports-
mouth
Dublin and Belfast June. 25 ......
Dundalk & Enniskillen 17%...... .. —
East Anglia, 251., L. &
E. and L. and & D... ••• 25 ••.....
Do., 181., E. H.... 18
Do., 31. 10s. -
Eastern Counties ... ..... 20... 151 q 15 15% x n 1514xn
Do. New Guaranteed
6 per Cent. .......... 2% 3%4 3 31,4
Ditto, Extensiop,s per
Cent., No. 1...... 61. 13s. 4d.... par
Ditto ditto, No. 2...61. 13s. 4d...
Do. North. & Eastern 50
Do. Quarters ......... 12% ...... ... —
Do. New ...............23
U• ..... 50 ......

Eastern ... nion
Ditto, Quarter Shares 121,x ...... --
Ditto, Thirds 135.4c1.. ....
Do. (guar. 6 percent.) 10 ...... . .... ..
Ditto, ditto ............ 20
East Lancashire
Ditto, New ......... ... 15 ......
Ditto, New Quarters 6 4 ......
East Lincolnshire ...... 20%
Edinburgh and Glasgow 50 ...... --... • •••
Ditto, Half Shares ... 15 •
.. .. --
Ditto, Quarter Shares 12%
Edinburgh and Northern 25 —
Ditto, New.. 614 —
Ditto, Newport l3
.Ditto, ditto, New 334. .... --
Exeter,Yeovil, & Durch 2g
Ditto, New
Glasgow, Dumfries, and
Carlisle
Glasgow,Kilmar., & Ayr 50
' Ditto, New ............ 40 ......
Do.P reference Consol. 15
Great 4 % 3AI. . . .. . .
Northern
Do., London and York VA — ............••
Treat South. and West.
( Ireland)
Great North of England.loo ......
Ditto, New, 401. .... ... 5
Ditto, New, 30/... . • .... ..30 - - -
Ditto, New, 15/ ' 11% — ... ....
•••
Great Western
Ditto, 4 Shares 5O ......
Ditto, 14 Shares
Ditto, Fifths 2O
Ditto, New 171... .. . 9%...
Huddersfield and Manch. 26
Ditto, Thirds
Hull and Selby ..
Ditto, Half Shares
Ditto,,i4 Shares
Ipswich & Bury St. Edm
17%,..... .... ..
......
..
....
''''
Do., do., and Norwich 17% .
Do., do., Extens. Scrip
(late Gamb. & Ely) 2%
Lancaster and Carlisle... 50 — ..... .........
Ditto, Thirds
Lancashire & Yorkshire 93 , ..,”
Ditto, ditto
Ditto, % Shares •••••• 43 ... .. —.
Do. Quarter Shares... 14% — .....
.....
...
Do. Fifths... ......... ... 9
Do. Sixteenths ....... .. 614 ......
Do. Thirds(Keg.)..... 13 ..... 6 ...... ......
Do. Liverp. and Bury 43 ......
Ditto % (late Hud- -
d --,field and Sheff.) 38

Do.( W• Riding w
7e)
25
......
Do. (Preston & 9
Ih)fr(aWct4, kaenfide. Gld'ooPullt!ii.) 506 .......
Do. % Shares (A)''' 91
Leeds,Bradford......LeedsaDnedwsbury,u
.. .
.. Ko .. ..
Do., Half Shares ....
Do., (blue) Scrip......
Leeds and Thirsk 40
..• ••••
26
DD iot.t, op, Nr
eef
ewr
6. . .p.
e..r..c 31/.2. •
••••••
Liverpool, Crosby and
.... ..
Southport .
Liverp., alanchester, and
...
Newcastle Junction... ............
London & Black wa11...13/. 68. 81 - •••••••••••""
Do. New, No. 2. 6/.138.4d — •••"`
Do. Extension 20 • """ ""
London, Brighton, and
South Coast
Do. Consol. Eighths. 40
Do. Guarant. 6 per ct.., 9 ...............
Do. fret. Con.
per et. 50 .............
Ditto. ditto.-- 1852 50
London and Greenwich 12/ 15a 4d — •,,...........
Ditto, Preference... 18, 17s 2d —
Loudon An. N. Western lov ..,..,133 132 134 133%
I...Quartert (L. & B.) c 2......
Ditto, New
...... 4% ..
Ditto, Fifths •...•
Do 404 Bh . aroighiL) 30 ......

20%

24%

-
114.

21A
34

33

1321 A
414
8%.