The Sun.
London, England, 1848-09-13 00:00:00

The Foreign Securities continue as dull as ever.
Spanish Three per Cents. have receded to 22i, and the
Five per Cents. to Il,}. Portuguese Four per Cents.
are nominally 21 to 22, Brazilian 74 to 76, and Mexican
16i to 17. Dutch Two-and-a-Half per Cents, about 44i
to 44 _

Railway Shares are still flat, and a large business can.
not be effected.

ONE CLOSING
Pi. i (st. cs OF BRITISH FUNDS O'CLOCK. PRICES.
Bank Stock
3 ~er Cent. Reduced Arms 861,4 861,,
3 per Cent. Consols Annuities B6 86!;, 86
New 3% per Cent. Anu5....... B7 87% 86% 667,t4
tong Anna. to expire J an. 1860
Ditto 30 years, Jan. 5, 1860 B% 8%
India Stock 2371/2 2371A2
,ndia Bonds, 1,0001. ....... ......
Consols for Account, Oct. 17
Exchequer Rills. 21,id. & 2d.
1,0001. March ...... 32 29 p 29 p
1,000/. June 23 p 23 p
5001. Much.
5001. June ... 26 p 26 p
Small, March .. .. 32 29 p 23 p
Small, June
PR ICES OF FOREIGN FUNDS

of
O'CLOCK.

CLOSING
PRICES.

Brazilian Bonds
Ditto, Small — 76th
Chilian Bonds 6 per Cent.....
Ditto. 3 per Cent 45 451,E 454,
Portuguese 5 per Cents. —
Ditto 4 per Cent _ ,

Spanish 5 per Cent. 1840.
Ditto, Passive
Ditto, 3 per Cent . . .... .......
Venezuela Bonds, 2% per Cont 4l
Dividends on the above payable in London.
Dutch 214 per Cent., 12 Guild —4:,
PRICES OF PAID. I3USINESS DONE CLOSING
I,AILWAY SHARES. AT ONE O'CLOCK. PRICES.
Iberdeen 5O ......
Amber. Nott., Boston,
and Eastern Junction 3%......
Ayrshire and Galloway.. 21,42
Belfast & County Down 1714
Birmingham and Ox-
(rd Junction .... ... 20
Birmingham, Wolver-
hampton, and Dudley 10 .....
Birming.,Wolverh'pton,
and Stour Valley 13/. 145...
Birkenhead, Lancashire,
anti Cheshire Junc.... 10 ...... . ........
Boston, Staintil & Birm. 5 ... ..
Bristol and Exeter B5 ... .. 49% 49%
Ditto, Thirds ..- ..... 25
Luckinghamthire... 14/. 4s.
Caledonian
Ditto, Half Shares .. 83/4...,, — ..... —
Do. New 10/. Pref..... VA
Ditto,ClydesdaleJunc 50
Chester and Holyhead... 4744...... 211,,i 19%
Ditto, Preference l5
Clarence - -
Do. Ist Class, 6 per Ct. 10 ......
Do. 2d Class, 5 per Ct. 10
Do. Government Loan,
4 per Cent. .. lO ..-.. ... —
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. & H.... 18 -
Do., 3/. 105. -
Eastern Counties........ 20
Do. New Guaranteed
6 per Cent.
Ditto,Extension,s per
Cent., No. 1 ~61. 138.4 d.... Ii dis 1
Ditto ditto, No. 2...61. 13s. 4d...
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 (I. &
and B.)
Ditto, Class C, ditto... 171,4.
.. .....
Do. Scrip (6 percent.) 10
--
Ditto, ditto
Ditto (C. & E.) guar. .'..""'"•••
5 per cent
East Lancashire ........
Ditto, New ... 19 .....
..
..
Ditto, New Quarters 6k — ....... ...
Do., 6 per Cent. Pre- .......
ference Quarters ... 4k..„..
East Lincolnshire . 23

die

-Are ... - ••• •••... 000000
Edinburgh and Glasgow 50
Ditto, Half Shares ... 15 ..
...
Ditto, Quarter Shares 1214
... ....
.......
Edinburgh and Northern 25
Ditto, New.. 614 — ......... ......,
Ditto, Newport
Ditto, ditto, New 33/4. .... -............
Exeter,Yeovil, & Dorch 2% — ..... ....
Ditto, New - ..- .....
•••• ...........
Glasgow, Dumfries, and
Carlisle ...... .. .81.65. 8d....
Glasgow,Kihnar., & Ayr 50 ......
__
-
Ditto, New ... ...... 4O . .....
Great Northern
Do., London and York 214 ......
..... t reat South. and West.
( Ireland) ... 421/i ...... 211,4
Great North of England.loo ......230% 230%
Ditto, New, 40/ ...... ... 40
Ditto, ditt0............ 15 - 65
Ditto, New, 30/ -
Ditto, New, 15/... ...... 14 .. •• •..Great Western 9O ... .. 77% 78 ... - -
Ditto, 1,4 Shares 6O
Ditto, 1,4 Shares
Ditto, Fifths. 2O
Ditto, New 17/... .. . 13 ••• -91 i
Huddersfield and Manch. 28

---:"7
Ditto, Thirds _.
9 ....
Hull and Selby .. 5O ......
Ditto, Half Shares 25 .....

Ditto, IA Shares
Lancaster and Carlisle 5O ......

Ditto, Thirds
Lancashire & Yorkshire 93 .....
Ditto, ditto
Ditto, % Shares ...... 43 ... ..

Do. Quarter Shares... 1 71/2 —, ••• • ••7•.... .....
Do. Fifths...
/13
Do. Sixteenths ....... .. OA 5
Do. Thirds (Reg.).•••• 13 ••••• ... ......... ••• VA
Do. New, Gua. 6 per et. 21,4 2V ....... ... 2%
. .............. —.
DpioitoLivl/2erP(.l=llßluarZ 43
....
D °di.
r(eaWr: it
ia:k I.
edn fide n(3l d ,do(PSaohene) ft
1.e1.-).
54:
.............. .....
Do. (W. Riding Union) 6 .• ~, --......
.....
..
Do. (Preston & Wyre) 25
Do. i, Shares (A)... 9q...
..
.. ........... Leeds
and Bradford
Leeds, Dewsbury, &e.... 50 .....•
---
Do., Half Shares 25 ........ ..••"•....
..
Do, •••—• . (blue) Scrip.-- 2%... „ —.....—
Leeds and Thirsk
...... --
Ditto, New ...... ....• 3O ....................
Do., Prefer., 6 par CL 31,2' ....
.... ... ..
--•.... .......
Liverpool, Crosby and -
Southport . ........... 312
...... _
Liverp., Manchester, and
LopoNlideo.wnattlielatuelajcokunnwial:l:.:l:3:/.2i8.(1.....ii -..;--
it... —
414
.....

MONEY and COMMERCIAL NEWS.
CITY, QUARTER TO THREE.
The sales of Cotton at Liverpool yesterday were
3,500 bales, of which 1,000 were for exportation.
American realised 3id. to Sid: per lb. The demand
was fair, although the market was quiet and well
eupplit d.. _

In- Railway Shares, during the first meeting of yes-
terday, th,re was an improvement, and the market was
very good; but in the afternoon a blight reaction oc-
curred.

The Continental accounts are of no pirticular interest
to-day, but in well-informed quarters here there is a
stronger impression that the Holstein affair will be ami-
cably arranged.

The Corn-Market is reported to be steady, and, owing
to the small stocks on hand, we find that some parties
conneeted with the trade are anticipating continued
firmness. Tne accounts from Ireland and Scotland are
not quite so favourable in respect to the crops, and,
under any circumstances, supplies are likely to be
needed.

The fact of the cholera having broken out at Ham-
burgh, where 18 cases proved almost immediately fatal,
is calculated to excite vigilance here, and will prove
very inconvenient to the commerce of this country,
owing to the probable establishment of quarantine.
A very ingenious statistician remarking upon a plan
which he has conceived, and which he entitles "the sub-
stitute for all taxes " states as follows:
" Taking the population of the United Kingdom at
28 millions—

s. d.
About lin 22 of the population would pay weekly 1 8
„ lin 28 If /9 „ 3 0
„ liu 40 ft PI, „ 410
„ lin 56 11 „ 7 0
tt ff
,9 lin 87
~ 9 5
12 3
lin 155
~
~ ii, PI
,f II OP ~
lin 350 15 7
/V ~ TIP
1 in 1,400
~ 19 3
" The above could be collected at a cost of a quarter
per cent. It would be a substitute for all taxes, and be
paid by one-seventh of the whole population. If books
were opened in every parish for parties to enter their
names, stating the sum each would pay in lieu of taxes,
the whole amount could be ascertained before the re-
moval of the present imposts. The farmer who pays
601. a year for malt pays a direct tax of 301. if the taxes
were named in the bill; the price of barley is reported at
3s. 3d. to 4s. a bushel, the price of malt 7e. 6d. to Bs.;
the " outcast" pays the expense of converting the barley
into malt. To this must he added the tax on sugar, coffee,
tea, hops, wines, spirits, bricks, assessed taxes, income-tax,
&c., &c. The relief from all these would relieve him of
poor rates, county rates, and commitments for crimes
arising from the present system, and he would poisess
the power of growing on a farm the most profitable
produce, which the Excise•laa a now prevent. These
observations apply more or less to the interests of all
classes. The preceding scale is formed from the law
of gravitation, that governs the visible creation. hence
the per tentage increases in the duplicate ratio from
halt per cent. to five per cent."
The English Stook Market has been dull this morn-
ing, and the quotations are barely maintained. The
transfer books are shut for Bank Stock, Long Annuities,
and Reduced Three per Cents. East India Stock is at 2371.
The same uncertainty exists yet with respect to the two
millions of stock to be issued, and it has been asserted,
though probably ,on no sufficient authority, that the
Bank of England will advance all the money needed
by the Chancellor of the Exchequer, and manage
quietly the disposal of the Consols' which are quoted
86 to i for Transfer, and 86i to i for Account. Ex-
chequer-bills are 295. to 325. premium for those of
March.