The Sun.
London, England, 1848-12-19 00:00:00

MONEY and COMMERCIAL NEWS
CITY, QUARTER TO THREE.
There was an extensiv, demand for Cotton at Liver-
pool yesterday, so that saies t, the extent of 1,200 bales
had bee❑ made, including 3,000 taken by speculators.
Rather better prices were being paid tor American and
Surat; other sorts wert. anchanged.—Theiltailway Share
Market was good, a large business being done, and
better prices paid.
From the proviraxis generally we have encouraging
reports again, and there is much buoyancy of feeling.
The statement made at Manchester to a special
general meeting of the shareholders in the Bank
9f Manchester, affords creditable: evidence of the
4udgment of the committee appointed to investigate
its affairs. The estimated surplus is expected to
be realised, and a dividend of Bs. is declared on
every share, or an offer is made to purchase the same at
155. per share Whether, hereafter, the business of
the Bank will 1.1 resumed, is left for future considera-
tion.

The advicer from the Continent are of a satisfactory
character generally. At Hamburgh on Friday last there
was some demand for public securities at the rather
lower rates current. The inquiry for bills on Lon-
don was :Ain maintained. The Berlin Bourse
was rather better on the 14th instant, having
partially ret.ocered the decline occasioned by the orders
for the sa!s of stock received from the provinces. At
Frankfort, on the 12th inst., the Bourse was scarcely :o
good. Dutch Funds are reported firm from Amsterdam
under date of the 17th inst.

The East Indian accounts read favourably, and the
markets generally, although not exhibiting extraordi-
nary activity, were in a healthy condition that promises
well for the future. There has been a some-
what increased demand for money at Bombay, but
even this was not expected to last. Ono thing the na-
tive merchants and speculators began to discover, as
we always expected they would, viz., the price of
rice has been run up too much on their side
to suit the home market. We have now such
abundant supplies of produce from all quarters, and are
likely to receive such steady additions thereto, that ad-
vanced values appear to be out of the question. Cheap
staples will alone command a market, and extended
consumption dt pends thereon.
Great complaints are made in these accounts of the
state of trade between Singapore and Siam. Formerly
several ships were engaged in the traffic, and now, it is
said, not one ship finds employment. An urgent re
monstrance has been prepared by the members of the
Singapore Chamber of Commerce, praying for the in-
terference of Lord Palmerston.
After the material rise of yesterday, and the " rush"
of buyers, for no other term will so well express the ex-
citement that prevailed, a reaction was to be anticipated.
There must be an end of buying as well as of selling,
or rather a temporary check. Nothing, however, can
be said to have changed in regard to the general
character of the market, or the circumstances ea'culated
to influence it, and especially if we ascribe importance
to what occurs in France, where a good Ministry seems
to have been formed, and the Five per Cent. Rentes
have risen 2 per cent. in consequence. Consols,
which yesterday afternoon touched 88 g, being done at
both those rates, although they closed at only 884 -a-,
have this morning ranged from 88i to 88, and are non
88 to /. The New Three-and-a Quarter per Cents.
have been 881 to 1. Bank Stock is 190 to 192. Ex -
chequer-bills are 403. to 435. premium.
The Foreign Securities have been very good, though
slightly lower in some instant. s. Spanish Five per
Cents. have been quoted 13 to 13i, and the Three per
Cents. 271 to I. Portuguese Four per C. nts. have been
marked 2541 to Mexican Stock is 221 to Dutch
Two-a-Halt per Cents. have been 49 to 4.
A large business has been done in Railway Shares,
and for the French lines, at greatly enhanced rates, the
inquiry is must active. A few of the English lines
which rose most yesterday are more in favour of buyers,
and we may include Great Northern, North Stafford,
Great Western, and Midland in this remark. North-
Western are higher again.

ONE
rttlcF;ts OF filtintSti FUNDS ("CLOCK.

CLOSING
RICES.

Bank Stock
8 per Cent. Reduced Arms BB% A,' 88 88
New 3% per Cent. Ann 5....... ...... 884 i% xi 58%
Long Anna. to expire J an. 1860
Ditto, Oct. 10, 1859 ..... „ 8% 8%
India Bonds, 1,000/.
Consols for Account 88%%% 88 88% 881/8
Exchequer Bills. 240. & 2d.
1,000/. March ... 4O 43 p 43 p
1,0001. June 3B 41 p 41 p
5001. March. 4l p 41 p
Small, March .. .. 41 44 p 44 p
Small, June
PRICES OF FOREIGN FUNDS omit CLOSING
O'CLOCK. /.EKES.
Chilian Bonds 6 per Cent B5 86 86
Grenada Bonds, 1 per Cent.
Mexican, 5 per Cent. 1846 2214 22:34
Ditto, Account
Peruvian Bonds, 6 per Cents — 41
Portuguese 5 per Cents. —
Ditto, 4 per Cent — 25
Ditto, Account 25% % 25%
Spanish 5 per Cent. 1840.
Ditto, Account
Ditto, Passive
Ditto, 3 per Cent ...... 271/2% 27A
Venezuela Bonds, 2% per Cent...
Ditto Deferred 4%
Dividends on the above payable in London.
Dutch 2% per Cent., 12 Guild.
Ditto, Account 4914 49 49
Ditto. 4 per Cent. Certificates 74% 74%
PRICES OF BUSINESS DONE CLOSING
RAILWAY SHARES. PAID. AT ONE O'CLOCK. PRICES.
Aberdeen 5O . ...
Amber. Nott., Boston,
and Eastern Junction 4% ...... %
Ayrshire and Galloway.. 7%
Belfa s t & County Down 19 ......
Birmingham and Ox-
ford Junct., calls duly
aid, or with a guaran. 20
Do,withoutg u a r a e t e e 20 .
Birming, Wolverh'ton,
and Dudley, calls duly
pd, or with guarantee 10 .....
Do. without guarantee 10
Birming.,Wolverh'pton,
and Stour Valley 13/, 145... .. ......... ...
Birkenhead, Lancashire,
and Cheshire Juno.— 10 ......
Boston, Stamfd & Birm. 5 ... ..
Bristol and Exeter 9O ... .. 55

Ditto, Thirds ..... 271/1 —
Buckinghamshire... 141.4<.
Caledonian
Ditto, Half Shares .. 8..!!I —
Do. New 101. Pref..... 5 ... 51%
Ditto,Clydesdale J unc 50
Chester and Holyhead... 50
Ditto, Preference l5
Clarence
Do. Ist Class, 6 per Ct. 10
Do. 21 Class, 5 per Ct. 10
Do. Government Loan,
4 per Cent.
Direct London & Ports-
mouth
Dublin and Belfast June. 35 ......
Dundalk & Enniskillen 20 ......
East Anglia, 251., L. &
E. and L. and 11...... 25 ......
Do., 181., E. & H.... 18 •• •••
Do., 3/. 10s.
Eastern Counties........ 20 1214 12 121/8...
Do. New Guaranteed
6 per Cent. . ..... 10 ...... 11 .
Ditto, Extension, 5 per
Cent., No. 1 6/. 13s. 4d....
Ditto ditto, No. 2 61. 13s. 4d... % p par
Do. North. & Eastern 50
Do., 5 per cent.
Do. Quarters 121.4 — • ..... ••• ••• •
Do. New 34
Baatern Union, Class A
(late E. U. Shares) 25

Diito, Class A, ditto.... 1
Ditto, Class B (L
and B.) 2O
Ditto, Class C, ditto... 20 .
Do. Scrip (6 per cent.) 10 ......
Di' 20 17%

Jitto, ........
Ditto (C. & E.) guar
5 per =L..— 2I,E ...
East Laaeashire
Ditto, New

Ditto, New Quarters 614.....
Do., 6 per Cent. Pre-
ference Quarters ... 61A ......
Last Lincolnshire 25 261,x

_ ..... ~..,
Edinburgh and Glasgow 50 ......
Ditto, Half Shares ... 20 ..
Edinburgh and Northers 25
Ditto, Newport
Exeter,Yeovil, & Dorch 2
Glaugow, Dumfries, and
Carlisle
Glasgow Kilmar & Ayr i 0

.... -
Do. Preference Consul.
Great Northern
Do., -1/2 A Deferred ... 12%...... 4% 5. .......
Do., 1/2 B 6 per Cent.
guaranteed ... ..... 6% ...... 4%14
Do. Extension 2% — •... .--
Great South. and West.
(Ireland) ....... 421/2...... —23% ..... ...... 23%
Great North of England.loo ......229
Ditto, New, 401 4O
Ditto, ditto ... 25
Ditto, New, 301 3O -
Ditto, New, 151 l4 .. .. ••••••••• ...... '
Great Western 9O ...... .. .. .. ......
Ditto, % Shares 5O ...... 45% •••
Ditto, 14 Shares
Ditto, Fifths ... 20
Ditto, New 171........ 13 ... - 10%
Huddereeltand blanch. 30
Ditto, Thirds
Hull and Selby ..
Ditto, Half Shares ... 25 ......
Ditto, 14 Shares
Lancaster and Carlisle 5() ......
Ditto, Thirds
Lancashire & Yorkshire 93
Ditto, ditto
Ditto, % Shares
Do. Quarter Shares... 17% — ...
Do. Fifths... ......... ... 10
Do. Sixteenths 6l/4
Do. Thirds (Reg.)..... 13 ..... 4%
Do. New, Gua. 6 per ct. 5 ...... 5%733
Do. Liverp. and Bury 43 ...... .. .
Ditto 1,4 (late Hud-
dersfield and Shelf.) 43

Do.(Waketield,Ponte-
tract, and Goole)
Do. (W. Riding Union) 7 .. ••• —• •• •
Do. (Preston & 1,1 yre) 25
Do. 14 Shares ( A)... 94 —
Leeds and Bradford
Leeds, Dewsbury, 50 .
Do., Half Shares 25 . •. ..•
Do., (blue) Scrip.--
Le ~ds and Thirak
Ditto, New ...... ••••••• 35
Do., Prefer., 6 per Ct. 3% ..
Liverpool, Crosby and
Southport 3 tt