The Sun.
London, England, 1848-12-18 00:00:00

MONEY and COMMERCIAL NEWS
City, QUARTER TO THREE.
The market for Cotton at Liverpool on Saturday was
very quiet, and the sales were estimated at 6,000 bales,
at the previous full prices.—Railway shares were steady,
and prices had an upwari tendency.
The falling off in railway traffic since the return tickets
were discontinued, although the seas )n of the year will
account for a part of the reduction, affords hope that the
late system will be found to be most beneficial to the
companies, as it certainly is to the public, and that, con-
sequently, it will be revived.
The Prussian Government has announced that the
interest on the debt, due January 2, 1849, may be re-
ceived after the 15th December instant by those who
desire it, a satisfactory proof of the possession of pre-
sent funds.
The weekly balance-sheet of the Bank of France, last
made up, is again favourable. In the bullion, d'scounts
and circulation there was an improvement, and fewer
bills were protested. There were increased loans
made on bullion, while those on public secu-
rities diminished a little, a proof that! ithe ex-
isting firmness of the Stock Market at Paris
was not due to accommodation afforded by the Bank,
but rather to a legitimate growth of public confidence.
The circulation increased nearly six millions in the
French metropolis, but was reduced three millions in the
provinces. The account current of the Treasury was
less by 260,000 francs, but the general deposit account
increased in Paris one million, and in the provinces
700,000 francs.
There has been scme talk this morning of a new
French loan being in contemplation, but we believe this
to be a mere rumour, or at least premature.
The English Stock Market has been very animated
again this morning, the buyers coming in freely
on speculation, even at decidedly enhanced values.
There is scarcely a limit now to the san-
guine expectations of some of the dealers, and a
further rise of three or four per cent. is predicted
with as much assurance as would have been an improve-
ment of for I per cent. a week or two since. We
believe an instance has rarely, if ever, occurred
where the rise was so soon equal to the dividend. Of
course the future range of prices must greatly depend
upon foreign affairs; but present appearances are con-
ceived to be very promising, and if anything adverse
happens it will disconcert materially the calculations of
most parties. Consols with the dividend have been done
at 89k, a special transfer, and ex-dividend for the opening
at 88* I, being fully per cent. better than on Satur-
day. The New Three-and-s-Quarter per Cents. have
been 881 I-, and the Three per Cents. 88 to Bank
Stock has been firm as, 192. Exchequer-bills (March)
have realised 40s. to 435. premium; and India Bonds
365. to 38s. premium.
The Foreign Securities have been extremely ani-
mated also, and the rise in prices is very decided.
Spanish Fire per Cents. have been 14-, the Three per
Cents. 264 to 27*, and Portuguese Four per Cents.
25 to 25k. Mexican also are higher, realising 221 to
Peruvian have been well maintained at 39 to 40,
Grenada at 121 to *, and Chilian have touched 84k to
86. Dutch Two•and-a-Half per Cents. have been quiet
at 49.
Railway Shares have been largely dealt in, and the
value of every line has been raised.
BRITISH FUNDS This DAY AT ONE O'CLOCK.
(From the Official List.)
192

Bank Stock ..

3 per Cent. Reduced BB 8814
3 per Cent. Consols Anus.. ...... . 89%
New 314 per Cent. Anne. BB
India Stock

Do. Bonds, 10001
Ditto under 1.0001
Consols for Account .. BB%l/2 kIA a d
Exchequer Bills. 2%d. 2d.
March. June.
1,000/.
500/ 43 40 p 41 39 p
Small 4O 44 p 41 39 p
PRICE OF FOREIGN FUNDS AT ONE O'CLOCK.
Chilian Bonds, 6 per Cent ...... . .. 841/2 F 6
Grenada, 1 per Cent. . .... .... ... 1214 1/2
Mexican Bonds, 1846, 5 per Cent...... 221/214%
Ditto for the Account . 221/2
Peruvian Bonds, 6 per Cent 39 40
Ditto for the Account 39 40
Portuguese Bonds, 5 per Cent —
Ditto 4 per Cent.
Ditto for the Account
Spanish Bonds, 5 per Cent, 1840
Ditto for the Account l3
Ditto Passive Bonds 314
Spanish Bonds, 3 per Cent 261/214 27
Dividends on the above payable in London.
Dutch 21/2 per Cent.,l2 Guild 49
BUSINESS DONE LN RAILWAY SHAKE* AT ONE O'CLOCK
RAILWAYS. PAID. Pra Equal.
Aberdeen
.... to
Amber., Notting., Boston, &c 44 — to
Ayrshire and Galloway
Belfast and County Down .. 19 —— to
Birmingham & Oxford Junct.,
calls duly pd, or with guar. 20
Do., without a guarantee... 20 ...
Birmingham,Wol.,& Dudley,
calls duly pd, or with guar. 10 ... .
Do., without a guarantee... 10
Birming., Wol., & Stour Val. 13/.145.... ••••• to
Birkenhead, Lancashire, and
Cheshire Junction... lO
Boston, Stamf., & Birming... 5
Bristol and Exeter
Do., Thirds
Buckinghamshire... l4l. 4s —
Caledonian
Ditto, Half Shares
Ditto, New 10/. Preference 5
..„

• Ditto. Clydesdale Junction 50 - to -
Chester and H01yhead......... 50 ..... 211,4 to -
Ditto, Preference - to -
Clarence. .... 7814 - ...... to -
Do., lit Class, 6 per Cent... 10 - . ... to -
Do., 2d Class, 5 per Cent... 10 - -
Do., Gov. Loan, 4 per Cent. 10 - ...... to -
Direct London & Portsmouth 514 - to -
Dublin and Belfast Junction.. 35
Dundalk and Enniskillen ... 20 - -
East Anglia, 251. L. & E.,
• and L. &1) -
Ditto, 181., E. &II lB ...... 3%..... to -
Ditto, 31. 10s., E. & H 3% - ...... to -
Eastern Counties . 2O - to -
Do. New Guarant. 6 per Ct. 10 -
Do.Perpet.,s per ct. No. 1,6/. 13s. 4d l4 p to -
Do., do N 0.2,61. 13s. 4d... par -
Do., Northern & Eastern... 50 - to -
Do., 5 per c'.nt. - to -
Do., Quarter l2 %... .. - -
Do., New - to -
Eastern Union, Class A (late
E. U. Shares) ......... .. 25
Ditto, ditto, Class A, ditto 1 - to -
Ditto, do, Class B (I. & B) 20 - -
Ditto, do, Class C, ditto... 20 - to -
Ditto Scrip (gua. 6 per ct.) 10 ...... - -
Ditto, ditto ........ .......... 20 ...... - ... -
Ditto (C. &E.), 5 per ct. 2% - to -
East Lancashire - to -
Ditto, New - ...„ to -
Do. New Quarters - to -
D 0.,, 6 per Cent. Preference
Quarter Shares -
East Lincolnshire 2.5 ...... 253/4 to -
Edinburgh and Glasgow 5O - -
Ditto, Half Shares - -
Edinburgh and Northern ... 25 - -
Ditto, New port l5
Exeter, Yeovil, & Dorchester 2% - ..... to -
F,rla3g., Dumfries, & Carlisle-8/. 60.8 d - ..... to -
‘4l4lgow, Kilmarnock, & Ayr 50 - to -
Do. Preference Consolidated - ...... - to -
vreat Northern.... .......... ... 19
Do. I%A Deferred ..... ... 12% 4% 34 . - to -
Do. % B 6 per Cent. Guar. 6% 4%A... to -
Do. Extension .... ..... ..... 2%.. - -
Gt. South. & West. (Ireland) 42% - -
Great North of England 100 '229
Ditto, New 401. 4O - ...... to -
Ditto, ditto ....
Ditto, New 30/. ........ ....... 30 ... - -
Ditto, New 151-
Great Western 9O -
Ditto, Half Shares 5O - to -
Ditto, Quarter Shares 2l -
Ditto, Fifths 2O - ...... to -
„Do. New 171. -
ttudderafield and Manchester 30 .. ... - -
Ditto, Thirds lO - te -
Etull and Selby 5O
Ditto, Half Shares .. ...... 25 - • to -
. Ditto, Quarter Shares 12% - to -
Lanctuiter and Carlisle.... ... 50 -
, Do.,Thirds lO ...... - -
`4ltneashire and Yorkshire ... 93 - -
Ditto, ditto - -
Ditto Half Shares -.. 43 ...... - -
Ditto Quarters 171..... - -
Ditto Fifths lO -
Ditto Sixteenths .......... 6,...... - -
Ditto Thirds (Beg.) -
Do., New Guar. 6 per cent. 5 -
Do. Liverpool and Bury... 43 - . ... to -
Do.(Rudders. and Sheff.) 43 - -
, Wakefield,Pontefract,
and Goole 5O - -
Do., West Riding Union... 7 .... . 2
„(:,
~ Preston and Wyre ... 25
`"O., do., Half Shares (A) 9% - to -
ids and Bradford 5O ..... - ... .. to -
ds,Devisbury,& Manches SO -
1)0., Half Shares - to -
, Ditto, Blue (scrip) .....».. 2%...... --to -
3/4°.„eda and Think ........ -
Ditto, New ....
.., 35 . .... - ...... to -
.I)o.,do.,Prefer , 6 per Cent. 3%. ... - ...... to -..../tverpool„ Crosby, and Sout h-
rer,rt. ....... ......... 3% -.... to -
Pool, Manchester, and
Newcastle Junction. ... 2% - ...... to -
London & Blackwall ......131. 6s. 8d 5% to 5
Do. Extension ........ -..... 22% - ...... to -
Lond., Bright., & South Coast 50
Do. Guaranteed 5 per Cent. 9 ..... -
De. Pref. Cony. 5 per Cent. 50 ...... 48 .. -
Ditto, ditto 1852 50 ..... -
~. bo, New, guar. 6 per cent. 5 ...... 5%% to -
London and Greenwich... 121. 15s. 4d... - - - to -
~. Ditto Preference lB/ 178 2d... - ..... to -
London & North Western.....loo ......122 . ... to 123
Do, Quarters (L. and B.) 22 - -
DI. New
Do. Fifths
Do. 40/. Shares-- L. & M 25 ...... - -
Do. 10/.... M. and B. (A.) 9 .... . - -
Do. 10/.
.. M. and B. ( B.) 9
Do. 10/.
... m. and B. (C.) 1 - -to -
London and S. `,ll e.stern ....... 50 .. -
tto, New 50/....... - ..... 42%...... - -
Ditto, New 404... ..... .. .. 34 - - -
Do. Tenths (Consolidated) 40 - -
Ditto.
Thirds ... -...,..13/. 68. 8d ...4%11% die. to -
Do., New Scrip, 1848, Pref.
7 per Ct. on Deposit and
LEk,,. 5 per Ct. on Calls .....11. 13s. 4d.... -
11, -
inttleGosnrtoddice:rrraryliyada,bntiuddrycL,,on&t.sl.l;ie.-.111.1
.2i. :::,"
.7- .
..... iOOO
......:
,
siL)i_t'to
c6.,(ugaror. r 6.
p4epr ecrelci..., nt...). 2103
...
_ .2
.... . to
l,; -__
...en, sunton, & Matlock 4
lianellr, S,,e,flield, and Linc.loo -
Ditt, I/
•'• A Shares (DT% 1) ... 18 -