The Sun.
London, England, 1848-01-18 00:00:00

TUESDAY 44=YENING, JANUARY 18, 1848,

MONEY and COMMERCIAL :SEWS.
CITY, QUARTER TO THREE.
The Cotton Market at Liverpool yesterday was
rather firmer, the sales being 6,000 bales. Railway
Shares have been steady.
The Money Market becomes daily easier in the City,
and there will soon be greater difficulty than ever in
employing cash, for confidence in mercantile securities
is by no means restored. The continued failures on the
Continent, and the heavy losses which have been sus-
tained here, indispose parties from taking bills except
upon strict scrutiny, and money must therefore either
accumulate or be placed in funded and railway secu-
rities. A revival of trade we confidently hope for, but
it will be insufficient to absorb the surplus accumulating
in the Bank of England, even under the stimulus of a
reduction in the rate of interest.
There have been reports of the Bank having before
it further applications for assistance, but they are not
well authenticated.
The accounts from Paris and Madrid are more
favourable this morning, and there is an absence of the
unfounded rumours about the health of the Queen of
Spain.
The annexed statement exhibits the amount of specie
exported into and exported from New York in each
month of the past year. The American writer made
an estimate for December, but the return for all the
other months are official :
Importation. Exportation.
January ... 90,874 73,728
February 1,235,122 ... ... 4,000
March ... 1,329,458 ... 243,887
April ... 3,397,064 ... 73,558
May 1,326,697 ... ... 158,000
Juno 547,813 ... 134,300
July ... ... 294,219 ... 27,670
August ... 195,555 ... 66,000
September ... 94,546 ... 350,925
October ... 100,773 674,548
, November ... 58,915 ... 1,455,946
December ... 80,000 ... 1,700,000*

Total dolls. 8,751,036 ... ... 4,962,592
* Estimated.

This shows an excess of imports for the year of
3,788,444 dolls. Tho;movement has been just reversed
since last May. The exports in November and Decem-
ber were about as large as the import in February and
March, and should the shipments continue through
January and February of 1848 as large as they have
been during the past two months, the above balance
will be completely drained. The above table merely
shows the extent of the exportation to foreign ports,
it does not include any shipments to Mexico ; it gives
us no idea of the im sense amount already sent to
the army in that action. The external drain for the re-
gulation of balances of trade and exchanges only is ex-
hibited in the above statement. According to these re-
turns the drain has just commenced. The first indica-
tions were visible in September, when the exports ex-
ceeded the imports more than two hundred and fifty
thousand dollars, and the excess of exports over imports
has since increased with great rapidity.
After all the fuss made, England will soon
recover its lost, but unfortunately dearly bought, specie.
It would have returned to us, much more harmlessly,
and quite as surely, though, perhaps, more slowly,
without Peel's Bill, which at present distresses us first,
and then our best customers.

A very favourable statement was laid before the pro-
prietors of the St. ;Katherine Docks, held this after-
noon. The increase in the number of ships that
entered the docks in the year 1847 over 1846,
with cargoes, was 724, of 190,857 tons. In
the previous year the numbers were 673, and the
tonnage 171,481 tons. There had been an increase i❑
the earnings. The capital of the company was
now rather over 1,750,0004 A reduction in the
dividend was recommended at the last Court,
if the earnings did not most materially increase, rather
than further to encroach upon the Rest, which was now
rendered quite low enough. The proprietors would
therefore have looked to the contingency of a
reduction of the dividend to 4 per cent•
per annum. The earnings have been larger
than in any year since the opening of the St.
Katherine Docks. The dividend of 2 per cent. for the
last half-year was agreed to, after some discussion re-
lative to the company's affairs.
The Public Securities have been fluctuating this
morning, and appear to be rather on the decline.
Consols have ranged from 861 to 871, being now
87 to 871. The New Three and-a Quarter per Cents.
are 881 to 88 ; and the Three per Cents. 87 to 87i.
Exchequer-bills have been 255. to 275. premium. Bank
Stock is at 197. The settlement of the Account has led
to a heavy failure.
The Foreign Secnrities are entirely nominal. Spanish
Five per Cents. are 181 to 1114, and the Three
per Cents. 28} to 291. Portuguese Four per Cents. are
25} to 261. Chilian Bonds have been at 90.
Railway Shares are good generally, with a moderate
business doing.
BRITISH FUNDS THIS DAY AT ONE O'CLOCK.
(From the Official List.)
Bank Stock 197
3 per Coat. Reduced Annuities 87% 87
3 per Cent. Consols Anna.. ........ ...87 87% 86% 871/i
New 314 per Cent. Arias
Long Annuities, Exp. Jan. sth, 1860 8 13-16 15-16
Do. 30 Tears, Expire Oct. 10,1859 8%:1/4
India Stock 233
Consols for Account, Feb. 26 87145 88% 87%
Exchequer Bills. 2d.
1,000/.
Small
PRICE OF FOREIGN FUNDS AT ONE O'CLOCK.
Chilian Bonds, 6 per Cent 9O
Spanish Bonds, 6 per Cent,lB4o ...
Ditto Passive Bonds 4
Dividends on the above payable in London.
Dutch 21/2 per Cent.,l2 Guild 54
RUMNESS DONE IN RAILWAY !MARES AT ONE O'CLOCK
RAILWAYS. PAID. riga &was.
Aberdeen
Amber., Notting., Boston, &c. 2% — ..„.. to
Ayrshire and Galloway
Belfast and Ccunty Down .. 10 ..
Birmingnam & Oxford June... 20 ..... 1it4%1M.,„ to
Birmingham, NN'ol.,& Dudley 10 ... .
Birrning., Wel., & Stour Val. 101.145....
Birkenhead, Lancashire, and
Cheshire Junction
Boston, Stand., & Birming... 5 - ...... to
Bristol and Exeter
Do., Thirds
Buckinghamshire lO/. 4s
Caledonian
Ditto, Half Shares
Ditto,;Clydesdale Junction 50
Chester and Holyhead 371/ .....
Ditto, ('reference
Clarence.
Do., let Class, 6 per Cent... 10
Do., 2d Class, 5 per Cent... 10
Do., Gov. Loan, 4 per Cent. 10
Dublin and Belfast Junction.. 25
Dundalk and Enniskillen ...
East Anglia, 25/. L. & E.,
awl L. & D 25 ......
Ditto, 18/., E. &11 l* .....
Ditto, 31. 10s., E. & 11... 2
Eastern Counties
Ditto, ditto (B) ... 20 ..... 153% to
Do. Perpet., 5 per ct. No. 1,6/. 13s. 4d.
Do., do N0.2,6/. 13s. 4d... par
Do., York Extension ...... 10 ....
Do., Northern & Eastern... 50
Do., Quarter .......
Do., New
East ersn Union. ... 50
Ditto, Quarter Shares
Ditto., Thirds l3s. 4d — to
Ditto (guar. 6 per cent.) ...
East Lancashire

--.—
Ditto, New
Do., New Quarters
East Lincolnshire ... 12% 12% to
Edinburgh and Glasgow 5O W4...... tfo
Ditto, Halt Shares
Ditto, Quarter Shares 1214
_ _.

Edinburgh and Northern ... 22i,4 ......
Ditto, New........ ..... 3%.

Ditto, New p0rt..... l2— — ...... to
Ditto, ditto, New 2IA — ...... to
Exeter, Yeovil, & Dorchester 2% ...... to
Ditto, New
Glasg., Dumfries, & Carlisle..Bl. 6e.8d... to
Glasgow, Kilmarnock, & Ayr 50 ...... to
Ditto, New
D 0.14 Shares (5 per ct.gua.) 12% ..... _
Great Northern . .. 10% ...... to
Do. London & York Exten. 21/2 ...... to
Gt. South. & West. (Ireland) 37% — ..... to
Great North of England 100 - ...... to --
Ditto, New 40/ 6 ...... ••••• •••••• to
Ditto, New 30/ ... 30 . .. .. _ .„ ... to
, to
Ditto, New 151
Great Western
Ditto, Half Shares
20 ......
Ditto, Quarter Shares
......
to
its
---
Ditto, Fifths
Do. New 171 v %.....
to
Huddersfield and Manchetter 24 .. ...
IIuDI li t tand(
Ditto, half Shares ......... . 5
'S 'Thirdsel) .................................... 5:0
to
Ditto,to -....
1 p
atiduarurt;rsSthilrdehisn.n..na.3
11 I'll. 1,:
77.
Do. do. and Norwich
se . 6
Lancaster and
CEamxCtbea.nrlsinled...E. Ely) 2%
......
-
DD:(..l,'aldt,heo.i(rds
10 .... --
Lancashire and Yorkshire ...
22 93
Ditto, ditto
...... to
Ditto Half Shares - 38
...... -- .• ... to
Ditto Quarters
Ditto Fifths
Ditto Sixteenths
Ditto Thirds (Reg.) ... 101. 4s
De. Liverpool and Bury... 38 ..• .., — . ... to
Do. (Rudders. and Sheff.) 33 -
Do., Wakefield, Pontefract,
and Goole 47% —
Do., West Riding Union —4l. 25.... . ....
Do., Preston and Wyre ... 25 ......
Do., do., Half Shares (A) 9
Ditto ditto
Leeds and Bradford tro •• ... ..... 0 ......

Leicester and Bedford l6s.
Leeds, Dewsbury, & Manches. 421
Do., Branch 1/2 Shares 1214 — to
Ditto, New Branch (blue).. 2% — to
Ditto, Extension (green)... 2%
Do., New Exten. (pink)... 2% —
...... to
Leeds and Thirsk ........ ...... 36 .... to
Ditto, New
Do., do., Prefer., 6 per Cent. 3%. .... ...... to
Liverpeol. Crosby, and South-
port. • 2
Liverpool, Manchester, and
Newcastle Junction 214 — to
London & Blackwall...l6/. 13s. 4d — to
Ditto New, No. 1..
Ditto New, No. 2 ,q. 13s. 4d....
Do. Extension
Lond., Bright., & South Coast 50 ....• 431,a... to .....
Do. Consolidated Eighths... 30
Do. Guaranteed 5 per Cent. 9 . .....
De. Pref. Cony. 5 per Cent. 50 ......
Ditto, ditto 1852 50 .....
London and Greenwich... 121.155. 4d...
_ Ditto Preference lBl 17s 2d... —... to

London & North iVestern.....loo 153
Do. Quarter ......L. and B. 22
Do. do. New .. .... ...... 2
,to
Do. do. Fifths
Do. Quarters
Do. 401. Shares L. &M. 15
Do. 40/. Sharcs...M. and B. 40 ...... 60% to
Do. 10/.... M. and B. (A.) 7%.....
Do. 10/. .. M. and B. O.) 7% to
Do. 10/. ... M. and B. (C.) 1
London and S. Western.... 41..165 8d 55 55% to 54,,c4
Do. New Consolidated 6ths. 40
Ditto New 501.
Ditto New 40/............ .. 26
Do. Tenths (Consolidated) 50 ......
Do. Tenths (Consolidated) 40
Ditto, Thirds el. 6s. 8d ...
London, Salisbury, & Yeovil 1%
Londonderry and Coleraine... 27% ...... io
Londonderry- and Enniskillen 25
tVlsiich, Bux ;on, &CiNlatloz..k 8 ...... ...... to
Manchr, Sheffield, and Linc.loo ......
to
Ditto 14 Shares (No. 1) ... 13 ......
Ditto, ditto (No. 2) 25 .....
....
Ditto, % Shares (No. 3)... 7% .
-- to
Ditto Grimsby
to --
Ditto, ditto.
Ditto, ditto ...
Ditto, Sheffield, and Line. 71,-'2•-•-•• ...... to
Nlanchesterand Soutluunpton 214 —
..... ~
..o
Mid.and lOO

.... ___ __ ..._ .....
Ditto, Consol. Preference...100
Ditto, 40/.; Shares
Ditto, 501. Sharer l5 -
Midland, Birm., and Derby...l(X ..... 88
Midland, Consol. Bristol and
Birmingham 5 per ceat....100 124 -
Midland, Bristol and Glotte. 36
Ditto ditto 11/. 38.6 d. ..
Mialand, Leices. and Swan-

nington (8 per ct.gua.)....100 .... .
IV idld. Great" Western (Irish) 85
Newcastle and Carlisle lOO ......
Ditto Quarter Shares
Newmarket and Chesterferd 161/2 —
Ditto Extension
Newport Abergy., and Heref. 6
Norfolk ......... .......... ..... 100
Ditto New 201. 5 - ...... to
Ditto Extension -
Do. Scrip, 1347, N. of Norflk 2 -
Do. do. Waveuey Valley... 2
Newry and Enniskillen ...... 7
:\ cwr y , Warrenpoint, and
Rostreyor - ..... to
..iorthern Counties Union .... 4
North British .. ......... ..... 25 ..
Ditto Half Shares. l2t,
Do. Quarters
Ditto, Extension % — ..... to
Ditto Thirds ... ........... ...• 2
North Staffordshire...
North Wales 31,4

North Western
Oxford, Worcester, and Wol-
verhampton .
Reading, Guildfd., & Reigate 71zi ...... 7%xi..- to
Royston and Hitchin
Scottish Central
Scottish Midland ... ... 20
Ditto, New lO -
Sheffield, Rotherham, and
Goole
Shrewsbury and Birmingham 7
Ditto, ditto, Class B. 4 - ..•.... to —.
Shrewsbury and Chester
(Nor. W. Min.)
Ditto Halves, Ditto... 8 ••• •• •—to
Ditto, Oswestry

to --

Ditto (New) 1
Ditto 8 per Cent. Prof
Shrewsbury and Hereford ... 2
Shropshire Union .
South Devon ....... ...... ... 40
Ditto, Preference 2O ...... ...... to —..
South Staffordshire 4
South Eastern and Dover 3314
Ditto, New, No. 1
Ditto, New, No. 2 l7
Ditto, New, No. 3
Ditto New, 4............ 7% —w.. to .....
SJuth Wales -
South Yorkshire, Doncaster,
and Goole
Swans. and Loughor and Ca-
meron's Sun. Coal .. 4
(lames Heron Dock and
Railway 17%
raw Yale Extension
Vale of Neath

Waterford and Kilkenny l3l
Waterford and Limerick ... .. 40 .•• ..
Waterford, Wexford, Wicklw,
and Dublin -
West Cornwall
Niiiteliaven and Furness l2 .....
Windsor, Staines, and South
._

Western 523.
Wilts, Somerset,&We3 mouth 80 ...... to
l'ork, Newcastle, and Berwick 25 ... . 85
Do. Original New & Ber'ck 25 .. to
Do. North Shields PJrchase 25 3 1,4
1)0. Exten. No. 1 (Y. is N.) 15

Do. do. No. 2, New &B. 10
Do. G. N. E. Pur. or Pref. 8
York and North Midland .. 50
Ditto, Preferenco lO
Ditto East and West Riding
Extension 25 WA...". to
FOREIGN RAILWAYb.
Boulogne and Amiens 2O .....• 13%...... to -
Central of France ( Orleans
and Vierzos)
Central of Spain ...
Ceylon ..
Demerara.
Dendro Valley
Direct Bombay and Madras is. .....
Datch Rhenish
East Indian -
Great Indian Peninsular 53. ..... . ...... to
Italian and Anstriaa .......... 4
Jamaica S. Midland Junction 1
Louvain ala Sambre ......... 6
Luxembourg
Lyons and Avignon (Con-
stituted)
Madrid and Valentia -
Namur and Liege... . l6 ...... ..• .to
Northern of France.
Orleans and Bordeaux ... .. 6
Over Yssel
4135 4d .. ..... to
Paris and Lyons
Paris and Orleans...
Paris and Rouen ..
Paris & Strasbourg ..........• 8
Rouen and Havre 2O
Sambre and Meuse
Strasburg and Bale l4
Tours & Nantes .. 8 to
Tournay, Jurbise, Landen,
and Hassel t
West Flanders
JOINT STOCK BANKS.
Australasia
British North American .... 50
Colonial
Commercial of London -
London Joint Stock .... ...... 10
Loadon and Westminster... 20
National Provincial of Engld. 85
, Ditto New
National of Ireland 22%• — ... .. to
Provincial of Ireland
Ditto, New
Union of Australia
Ditto, New 2%••••••
Union of London ........ ...... 10 ......
Union of Madrid
MINES.
Anglo Mexican lOO -
Astrian Mining Company ... 11 -
Australian
Blaenaryon Iron and Coal ... 60
Bolanos Scrip .................. '——
13citish Iron .................... 10 ..... too
alcizilian Imperial ....• ....•
Galvanized Iron ... ............ 10
Ditto, New to
Real del Monte, Unregistered —. .. 132 to

LLOYD'S SHIPPING—(THIS DAY.)
LONDON, JAN. 18.—Wind W., light breeze, and cloudy.
—ller Majesty's ship Snake was lost on a coral reef
near Mozambique 29th August; crew saved.
RAMSGATE, JAN. 17.—Wind S.S.W., a gale.—Arrd.
Renner, Back, Cuba, for llamburgh.
DEAL, JAN. 17.—Wind S.S.W., strong and squally.—
Arrd. Reflector, Withycomb, Mauritius; Symmetry,
Sharp, St. John's, New Brunswick.
OFF THE WIGLIT, JAN. 14.—Walvisch, Batavia.
SOUTHAMPTON, JAN. 17.--Sld. Forth steamer, West
Indies.

Or ToanAv, JAN. 17.—Thomas Arbuthnot, Thump-
son, Sidney, New South Wales.
FALMOUTH, JAN. 17.—Wind W.S.W fresb.—Arrd.
Vibelia, Dufriek, Rio Grande, sailed Oct..
24.
LIVERPOOL, JAN. 17.—Wind N.N.E , modern.-IG.Arrd. Pink, Young, Demerara; Margaret,. Jackson,
Laguna. 17. Camilla, Fox, Callao; Peruvian, Todd,
Bonny, sailed Nov. 21; Maypo, Metcalf, Africa; San
Roman, Laguna. Sld. Adriana, Africa.
CORK, JAN. 15.—Wind N.W.—Arrd. Ann M.Lester,
M'Lean, Callao; Sarah, Fletcher, St. John's, New
Brunswick. Sld. Betsey, Valparaiso. Off port, Marie
Laura, Ratsey, Mauritius, and sailed for Bristol.
LIMERICK, JAN. 16.—Wind northerly.—Arrd. Peru,
Walker, Demerara.
HULL, JAN. 17.—1 t blew very heavily at S. to S.S.E.
from two to eight A.M. today, but has since been mo-
derate.
LOWESTOFT, JAN. 17.—The Glencairn Castle sank
on the Holm Sand this morning during a strong gale;
crew saved.
DEAL, JAN. 17.—The Hilda has been off the Good-
win Sands, and proceeded for Margate Roads.
LIVERPOOL, JAN. 17.—The John Troughton, for
Trieste, has put back leaky, having struck on the bar.
The Neptune, St. Petersburgh to Boston, put in yes-
terday with decks swept, leaky, &c., and will discharge.
MILFORD, JAN. 16. Wind N.W.—Sld. Lemuel,
Vukeman, West Coast of Africa.
CLYDE, JAN. 15—S1d. Nonpariel, Havana.
DUNDEE, JAN. 14.—Arrd. Czar, Moor, St. John's,
New Drunswick; Selma, Pattillo, ditto.