The Sun.
London, England, 1848-03-29 00:00:00

MONEY and COMMERCIAL NEWS.

CITY, QUARTER TI) 7'/JREJ'

The Calton Market at Liverpool yesterday was with-
out alteration. Sales, 3,500 bales, including 500 for ex
port. Railway Shares were very dull, but prices were
supported.
The important advices received from abroad agitate
the public mind considerably. From the United States,
the intelligence of the conclusion of peace with Mexico
may be deemed very satisfactory; but the advices from
Sardinia, although what was expcted, are of great
moment

The necessity of revising our navigation-laws is in the 1
interest of our colonies more obvious than ever, and
some documents just presented to Parliament are very
conclusive in this respect. With the march of flee
principles in Europe concessions to our most distant
possessions become still more advisable, and we have the
agreeable reflection that in making those concessions we
are likely to benefit the mother-country. As a case in
point, we take the following concerning Trinidad. The
extract is from a dispatch of Lord Harris to Earl Grey :
" Your Lordship is aware that a large portion of the
population of this colony is of foreign extraction, retain.
ing, in many respects, the habits and tastes of the nations
whence they are sprung, and, consequently, there is
naturally a desire for the products and manufactures of
those countries. I refer more particularly to the de•
scendants of French and Spanish families, as also to a
considerable portion of the Creole black population.
Now, by certain provisions in the navigation-laws, but
very few of the articles required can be brought
here direct from France or Spain, in French or Spanish
vessels. The means of transit which must be adopted
becomes therefore far more expensive. With respect to
the French trade, which is far the most important of the
two, it is either necessary to charter an English vessel,
and send it to some port in France, and by which the
charge for freight per ton is it. 15s. whereas by a French
vessel it would be 135., or it is necessary to have goods
forwarded by a French vessel to Martinique, to
which island the freight is as heavy as it would be direct
to this island. But, besides, the goods must be landed,
on which some commission must be paid, and an addi-
tional freight of 13s. 6d. per ton from Martinique to
Trinidad. But not only is the price of, and the risk
and trouble of procuring French goods considerably
enhanced, but the opportunity of a return trade is en-
tirely prevented."
This subject is not confined, as the dispatch of Lord
Harris goes on to state, to the direct, intercourse of
Trinidad with both those countries, but extends to
Venezuela; and his Lordship concludes as follows:
" These facts together, I trust, will make a case
worthy of some consideration. Far be it from me to de-
sire the repeal of any laws which might in any way lessen
the power and the commerce of Great Britain, but as
the interests of the colonies are intimately connected
with those of the mother country, it would appear
important that full information should be given, when
there is reason to think they are suffering injury, and
the laws by which that injury is caused are undergoing
investigation."
The public securities, although there has not been a
great deal of business doing, have been agitated consi-
derably by the intelligence received from Milan, Paris,
&c. Consols, which closed yesterday at 83k, opened this
morning at 82i and are now 81i Exchequer
bills have been firm at 345. to 355. premium. Bank
Stock for account has been at 192. Should England
fortunately remain a passive spectator of foreign
events, she will enjoy immense advantages in respect
to trading and monetary operations.
The Foreign Bonds participate in the general flatness.
Spanish Five per Cents. are 11, and the Three per
Cents. 21k. Portuguese Four per Cents. have been 15
to 16. Mexican Bonds are 15k to is Dutch Two-and-
a-Half per Cents. are 40i.
Railway Shares are heavy again.

ONE CLOSING
riticys OF itRITISH FUNDS. O'CLOCK. PRICES
3 per Cent. Consols Annuities
Long Anns. to expire Jan. 1860 ...
Ditto 30 years, Jan. 5, 1860.... 8% 9-16 8 11/4-16
India Bondi, 1,0001.
Ditto under 1,0001.. l3 p
.._

. .
South Sea. Stock
Bank Stock for Account .. ...192 192
Consols for Account ..... ......... 82304 82 82

Exchequer Bills.
1,000/.
500!.
Small

mrE CLOsir.o
iiter,:.; (if FOREIoN FUNDS. O'CLOCK. PRICES.
Equador Bonds
Grenada Bonds, 1 per Cent.
Ditto, Deferred 2% 2%
Mexican, 5 per Cent. 1846 15141' 151,,1
Ditto, Account ISIA 1514
Peruvian Bonds, 6 per Cents 24 223% 2-13/4
Portuguese 5 per Cents. —
Ditto,4 per Cent l6 15 151/2
Russian Bonds .. — 82

Spanish 5 per Ceut. 1840.
Ditto, Passive
Ditto, 3 per Cent ...
Venezuela Bonds, 2W per Cent —

Ditto, Deferred
Dividends on the above payble in London.
Dutch 21/2 per Cent., 12 Guild.... 49% 381,E
Ditto. 4 per Cent. Certificates 60 59
PRICES OF PAID. BUSINESS DONE CLOSING
RAILWAY SHARES. AT ONE O'CLOCK. PRICES.
Aberdeen 5O . 24% 'A 22
Amber., Nott., Boston,

and Eastern Junction
Ayrshire and Galloway.. 2% — •••
Belfast & County Down 11% —

Birmingham and Ox-
ford Junction .... ... 20
Birmingham, Wolver-
hampton, and Dudley 10
Birming.,Wolverlfpton,
and Stour Valley 101. 145... ...
Birkenhead, Lancashire,
and Cheshire Junc.... 7N...... ... ..........
Boston, Stamfd & Birm. 5

Bristol and Exeter B5
Ditto, Thirds
Buckinghamshire... 12/. 4s.
Caledonian
Ditto, Ilhlr Shares .. 33A —.
, Ditto Clydesdale June 50

Chester and Holyhead... 37%......
Ditto Preference l2 ...... •

Clarence -
Do. Ist Class, 6 per Ct. 10
Do. 2d Class, 5 per Ct. 19 ...... ••• —
Do. Government Loan,
4 per Cent.
Direct London & Ports-

mouth
_VA..... ...... ..
_

Dublin and Belfast June. 25.
Dundalk & Enniskillen 171,4 —
East Anglia, 251., L. &
_ _

E. andL.Und b...... 25 ...... ••• .• —
Do., 181., E. & 11.... 18
Do., 31. 103. ... 3% ...s. ......
Eastern Counties........ 20
Ditto, Extension, 5 per
Cent., No. 1 ...... 61. 13s. 41...
Ditto ditto, No. 2...61. 13s. 4d...

Do., North. & Eastern 50
Do., Quarters .. .... 1214 ......
Do., New ... 23

Eastern Union 5O

Ditto, Quarter Shares 121 i
Ditto, Thirds .......135.4d..

Do. (guar.G percent.) 10 - • •••• •• 00000 -
Ditto, ditto ... ....... .. 20
East Lancashire
Ditto, New
Ditto, New Quarters 33/4
East Linco:nslaire ...... 16%
Edinburgh and Glasgow 50 ......39% 38% 40 39 39
Ditto, Half Shares ... 15 .. ..
Ditto, Quarter Shares 12%
Edinburgh and Northern 25
Ditto, New.. 3
12 /
Ditto, Newport
Ditto, ditto, New
Exeter,Yeovil, & Dorch. 2%
Ditto, New ... ..... .... 2%......
Glw,ow, Dumfi d
Carlisle ... .............Si... 6s. 8d....
Glasgow,Kilinsr.,& Ayr 50 ..... . .... •
Ditto, New ... ...... .-. 40
Do. Preference Consul. 15
Great Northern
Do., London and York 2% — .....
f ireat South. and West.

(Ireland)
Great North of England.loo 221
Ditto, New, 40/
Ditto, New, 30/
Ditto, New, 15/ 6 % ..... ......... ......
Great Western .. 90 ... .. 91

Ditto, % Shares
Ditto, 14 Shares
Ditto, Fifths
Ditto, New 171.......• 91,x..... 8 7% 77/8
Huddersfield and Manch. 24
Ditto, Thirds
Hull and Selby
Ditto, Half Shares ... 25 ••
Ditto, 14 Shares
Ipswich & Bury St. Edm. 171%..... —_. —
Do., do., and Norwick 15
Do., do., Extens• Scrip
(late Camb. & Ely) 2%
Lancaster and Carlisle... 50 ......
Ditto, Thirds ......... 10
Lancashire & Yorkshire 93
Ditto, ditto
Ditto, JIA Shares --- 38 "' "
Do. Quarter Shares... 14% —
.•..,..,,.. ...•
Do. Fifths... ... 9
Do. Sixteenths 614
Do. Thirds (Reg.)....10148......
Do. Liverp. and Bury 33
Ditto 1,4 (late Hud-
dersfield _
and Sheff.) 33 J.-.
Do.(Wakefield,Ponte-
tract, and Goole) ... 50
Do. (W. Riding Union)4/. 25...... ...... .....» —
Do. (Preston & Wyre) 25
D 0.% Shares (A)... 9
Leeds and Bradford
Leeds, Dewsbury, Scc.... 421/2.....
Do., Half Shares 171%
Do., (blue) Scrip."... 21,4
Leeds and Thirsk •••••• 40
Ditto, New
Do., Prefer. ,6 per Ct. 3%
Liverpool, Crosby and
Southport . 2
Liverp., Manchester, and
Newcastle Junction—. 2%......
London & Black wa11...13/. 6s. 8d....
Do. New, No. 2 ......5/.135.4d....
Do. Extension ..... 20
London, Brighton, and
South Coast
Do. Consul. Eighths. 40
Do. Guarant. 5 per ct.., 9
.„ .. _ _

Do. Pref. Con. ti per ct. 50 .. .........
Ditto, ditt0...... 1852 50
London and Greenwich 12/15s 4d —

Ditto, Preference... 18/ lis 2d... 20
London and N. Western 100 .....I`2B 1281/2 127 l2B
Do.. uarters (L. & B.) 22
Ditto, New ... 2 ...... 41/2 4. ....... ... 4
Ditto, Fifths .. 2 ... . 7%1A 7
Do 40/.Shares(L. M.) 20 —
Do. 101. (M. & B.) A. 7%