The Sun.
London, England, 1848-07-25 00:00:00

.'T.,:, 17 N, JULY 25, 1848.

J. W. Cumming ...
... (Yellow) 2
James Weed ••• •• ... (Red) 0
In this and the second heat the men started from
Mason's-stairs, round a boat off the Phaanix coal-wharf,
up round Messrs. Horne's road to Thames-street•stairs
—the distance being repeated.
The winner took the lead, kept it, and won easily.
SECOND HEAT.

John Hicks ... (Blue) I
Matthew Weed ... (Pink) 2
Philip Marlow (Green) 0
It was a close race, and only won by three or four
lengths.

[PRICE SD.

MONEY and COMMERCIAL NEWS.
CITY, QUARTER TO THREE.
The Cotton Market at Liverpool yesterday was
steady, but there was no change in prices. The supply
was good. Sales, 4,000 bales. Railway Shares were
very firm, with but few transactions; sellers generally
would not accept reduced rates.
Considerable disappointment has been excited
at the tenor of the news from India. The mer-
cantile accounts received by the last mail were
rather encouraging, and there was an actual
improvement in the demand for goods at Manchester
and other places in consequence. This is so far unfor-
tunate, because our Indian houses have for some time
past been " burning both ends of the candle."
They have lost upon imports and exports, and
the same thing appears to be likely to happen
again. The growing crop of Indigo seems to be ot un-
certain prospect as to the yield, although we will not
attach too much importance to this as being the usual
annual "story" to support the market. The weak-
ness of the great Eastern mart for British
goods and Indian produce, Calcutta, is shown by
the sudden change that has come over it. The former
accounts noticed a most active business in goods, and
better hopes for the future. The present advices would
seem to show that matters are expected to become worse.
At Bombay and also at Canton the state of affairs was
more promising.
The dried fruit trade report of Messrs. Witherby and
Hanson, for the period since the 26th ult., states that—
" The clearances for home consumption from 21st ult.
to 19th inst., have been 535 tons against 420 tons, and
670 tons in the like periods of 1647 and 1646.
":At Liverpool, during the four weeks ending the
11th inst., they have been 220 tons against 235
tons, and 400 tons during the corresponding
weeks of 1847 and 1846. The official returns of the
Board of Trade exhibit the consumption of currants in
the United Kingdom during the first five months of this
year to have been 6,765 tons against 5,100 tons, and
5,875 tons during the corresponding months of 1847 and
1846.
"In our last report we estimated the stock in bond here
at about 1,250 tons, basing our calculation on the weight
of the packages imported, the butt at 15 cwt. nett, the
carroteel at 3 cwt., and the barrel at 2 cwt., which at the
close of the season of 1846, made our statement to be cor-
rect, the stocks at the warehouses at that period being
entirely exhausted. We find from returns lately made,
that the actual weight imported since 1846 has been
about 1,000 tons more than we had computed it at, the
difference arising principally from the great
increase in the import of barrels, 24,000 barrels
having been received since 1846, which, calculated
at 2k cwt. instead of 2 cwt., would alone make a differ-
ence of about 600 tons. We shall, therefore, in future,
calculate the barrel at 9i cwt. instead, the butt at 16
cwt., and the carroteel at 5i cwt., and shall alter accord-
ingly the comparative stocks of previous years. We feel
it to be a duty to ourselves to add, that we have from
time to time named the total number of packages, and
our mode of computation, that those who differed from
us might make their calculations accordingly."
The committee of Spanish American Bondholders have
received a communication from their agents in Mexico
which promises well under existing circumstances. The
new Government of the republic is inclined to take the
claims of the foreign bondholders into early considera-
tion, and we may hope, perhaps, that something will be
done ere long.
The English Funds have been depressed 1 per cent. as
compared with yesterday, and as much on account of
the spread of the potato disease, apprehended from the
continuance of the wet weather, as from any other cause,
the Irish news being still of an uncertain character, so
far that some fighting may be expected, although
there is no reason to be apprehensive of the eventual
success of the Government. Consols opened at S6ti
fell to 86k 4, and are now 86i The New Three-ane-
a-Quarter per Cents. have been 87i, and since 86i.
Bank Stock is 199} to 1971. Exchequer-bills are 425.
to 465. for those of March.
In Foreign Securities the dealings have been limited.
Spanish Five per Cents. are llt a, and the Three per
Cents. 22. Portuguese Four per Cents. are 181. Mexi-
can Bonds have been 17k, and Brazilian 69. Dutch
Four per Cents. arc 71 to 72.
The state of the Railway Share Market is much less
favourable than yesterday, but there is not much doing.
BRITISH. FUNDS TiiiB DAY AT ONE O'CLOCK.
(From the Official List.)
Bank Stock 199% 197%
3 per Cent. Reduced Annuities B6-i* 1/s
3 per Cent. Consols Anus
New 3% per Cont. Antis. 8714% 86%
Long Annuities, Exp. Jan. sth, 1860
Consols for Account
Exchequer Bills. 21/2d.
June. March.
1,0001.
5001 42 p
Small 3B p 42 45 p
PRICE OF FOREIGN FUNDS AT ONE O'CLOCK.
Brazilian Bonds, per Cent
Ditto Small
Mexican Bonds, 1846, 5 per Cent 17%
Portuguese Bends, 5 per Cent 65
Ditto 4 per Cent.
Russian Bonds. 1822, 5 per Cent 9B
Spanish Bonds, 5 per Cent, 1840
Ditto Passive Bonds
Spanish Bonds, 3 per Cent Cent
Ditto for the Account 22
Dividends on the above payable in London.
Dutch 21,E per Cent.,l2 Guild
Ditto 4 per Cent. Certificates
BUSINESS DONE IN RAILWAY SHARES AT ONE O'CLOCK
RAILWAYS. PAID. Pia musk.
Aberdeen

Amber., Notting., Boston, &c. 33/4 —
Ayrshire and Galloway
Belfast and County Down .. 16 .. ..
girmingtaam & Oxford June... 20
Birmingham, Wol., & Dudley 10 .....
Birniing., Vol.,
.& Stour Val. 121.45....
Birkenhead, Lancashire, and
Cheshire Junction lO
Boston, Stamf., & Birming... 6
Bristol and Exeter
Do., Thirds
Buckinghamshire l4l. 4s — to
Caledonian
Ditto, Half Shares
Ditto. Clydesdale Junction 50
Chester and Holyhead 471,4 — to
Ditto, Preference
Clarence.
Do., Ist Class, 6 per Cent... 10
Do., 2d Class, 5 per Cent... 10
Do., Gov. Loan, 4 per Cent. 10
Direct London & Portsmouth 51% —
Dublin and Belfast Junction.. 30
. _ ...

Dundalk and Enniskillen ... 17% ......
East Anglia, 251. L. & E.,
aid L. & 1)
Ditto, 18/., E. & 11 lei
Ditto, 31. 10s., E. & 11... 3% — to
Eastern Counties ...
Do. New Guarant. 6 per Ct. 5
Do. Perpet., 5 per ct. No. 1,6/. 13s. 4d par ...•• to
Do., do N 0.2,61. 13s. 4d.., par
Do., Northern & Eastern... 50
Do., 5 per cent.
Do., Quarter .... ............. 12% —
Do., New
Eastern Union, Claus A (late
E. U. Shares) ...... ... .. 25
Ditto, ditto, Class A, ditto 1
Ditto, do, Class B (I. & B) 20
Ditto, do, Class C, ditto... 17% — to
Ditto Scrip (gua. 6 per ct.) 10
Ditto, ditto ......... ...-.... 20 ......
Ditto (C. & E.), 5 per et. 2% — to
East Lancashire
Ditto, New
Do., New Quarters
Do., I per Cent. Preference
Quarter Shares 214...... 2%...... to
East Lincolnshire 20% to
Edinburgh,and Glasgow 5O 40% to
Ditto, Half Shares
Di t to, Quarter Shares 121%.....
Edinburgh and Northern ... 25
Ditto,New..... ........ ...... 6IA ...... to
Ditto, New p0rt..... l3
Ditto, ditto, New ..• 3% — ...... to
Exeter, Yeovil, & Dorchester 2% — ...... to
Ditto, New ...
Glasg., Dumfries, & Carlisle-81. 68.8 d... to
Glasgow, Kilmarnock, & Ayr 50 ......
Ditto, New
Do. Preference Consolidated 15 ..... ..
Great Nortkem l5 -
Do. London & York Exten.
_2% — ...... to

GL South. & West. (Ireland)
.42i,i —

„..
Great North of England 100 232% to
Ditto, New 40/ ls
Ditto, New 301.
Ditto, New 151...... ... ...... 111,8...... .
Great Western
Ditto, Half Shares
Ditto, Quarter Shares
Ditto, Fifths
Do. New 171
Huddersfield and Manchester 28 ... ...... to
Ditto, Thirds
dull and Selby
Ditto, Half Shares ... ...... 25 ...- — - ..... to
Ditto, Quarter Shares 12%•••••• ...... to
to
Lancaster and Carlisle....
Do., Thirds
Lancashire and Yorkshire ... 93 ..... ...... to
Ditto, ditto
to
Ditto Half Shares ...... .- 43
Ditto Quarters . .. 17%
Ditto Fifths
Ditto Sisteentt,s ... ..... ..•
Ditto Thirds (Beg.) ...... 13
3!,; -
Do., New Guar. 8 per cent. 2%
Do. Liverpool and Bury... 43
Do. (Rudders. and Shed.) 38
Do., Wakefield, Pontefract,
and Goole
Do., 11.'est Riding Union..• t; ....
..... to
Do.,Preston and Wyre ... 25
to _
Do do., Half Shares (A) 9!4 _
~
Leeds and Bradford
(--.
Leeds,Dewsbury,& Manches. 50 - ...... )
Do., half Shares
/ 2
Ditto, Blue (scrip) ..... ... 21
... :
.::: . : ttoo
....--
Leeds and Thirsk ...-- ...... 45
Ditto, New ... ...... .. 30
Do., do., Prefer., 6 per Cent. 3%..... ..... to --
Liverpool. CrJsby, and South-
port.
3% - ...... to ....
Liverpool, Manchester, ana
Newcastle Juncti0n.......... 21.8
London & 81a2.1.,ve1l ......13/. Gs. 8d 4;i, ...... to
Do. Exteasion ......... 221/
. ...... to
---
•••••• tO ~.