The Sun.
London, England, 1846-10-05 00:00:00

MONEY and COMMERCIAL NEWS.
CITY, QUARTER TO THREE.
There was a fair amount of business done in Cotton on
Saturday at Liverpool. Sales 7,000 bales, including
2,000 American on speculation. The market is steady,
without alteration in prices.
The grain markets are stationary this morning at
Mark-lane. The arrivals of wheat from Kent ars very
large.

Eater accounts have come to hand from the Cape of
Good Hope to-day. The details will be found in another
, column of The Sun.
The quarterly general meeting of the iron masters is
appointed to be held at Wolverhampton at noon to-
morrow. The state of the iron trade is one of consider-
able peculiarity. Aris' Birmingham Gazette thus re-
marks upon the subject:—
" For some time a want of confidence, unanimity, and
firmness has prevailed among those gentlemen who are
accustomed to attend these meetings of the trade, arising
from various causes, one of which is the very un-
scrupulous use made of the resolutions agreed
to on such occasions by those who do not
attend. In many instances it has been the practice of
some parties to make use of the list of prices then made
out, as a sort of beacon to which they must not aspire,
but only approach within a respectful distance, accord-
ing to their influence and standing in the market. Thus
one will fix his price at 10s., another at 205., and some
even occasionally at 30s to 40s. less—offering, as an ex-
cuse, their inability to obtain customers at the same
figure as Mr. Foster, Mr. Williams, or other houses of
high standing; and as the grand tide of the march of
intellect in the present day has set in so strongly to uni-
versal cheapness, no doubt, in times when the make of
iron exceeds the demand, a serious interference with the
customers of those who wish to uphold the prospects of
the trade will be experienced. We are not on this oc-
casion about to investigate the other causes that operate
so injuriously upon the interests of the Staffordshire
ironmasters. That this is an evil, and a serious evil,
none will deny, and it exerts a very considerable ten-
dency to counteract the benefits that accrue from the
quarterly meetings. But we are happy to have an op-
portunity at the present moment of stating that the
nuisance is on the decline, and that in very many in-
stances this dishonourable practice is altogether
abandoned. This is the result of the ex-
isting and prospective relation between the de-
mand and supply, and we believe a greater simi-
larity has prevailed during the last month in the quota-
tions at which iron has been offered (if, indeed, that
term may be used with propriety when the orders of
regular customers can only be accepted) than has been
known in Staffordshire for several years. The decision
of the meeting at Dudley will have a tendency to in-
crease the unanimity and good feeling of all parties, and
we cannot but congratulate the trade in general that such
was the determination arrived at, more particularly as
any advance which may appear eligible can be so much
more easily effected at quarter-day."
The new Stock and Share Market was opened this
morning. It is in the rear of the Hall of Commerce.
Not much business, however, appeared to be in progress.
Money is said to be increasing in value in the City
circles.

The value of Wheat has not been raised higher to-
day than on Friday last.
It appears from the contents of almost all the letters
received from the continent this morning, that the prices
of bread and provisions are upon the advance.
The Funds have been flat this morning, with scarcely
any business doing of interest. Console for the Account
have been quoted 95f -, and precisely the same for
Money. The premium upon Exchequer-bills is 15s.
In the Foreigh Stocks the principal operations of the
day have been in Brazilian, at 86} ; in the New ditto,
at 85k; in Mexican, at 25; in Spanish, at 261; in the
Three per Cents., at 37e I; and in Dutch Two-and-a-
Half per Cents., at 59i I.
There is not any alteration of importance in the
Railway Share Market to-day. Business is slack, and
prices heavy.

BRITISH FUNDS THIS DAY AT ONE O'CLOCK.
(From the Official List.)
3 per Cent. Reduced Annuities 95%1/2
India Bonds 1,0001 —
Ditto under 1.0001
Consols for Account
Exchequer Bills. 13/4d. I%d.
1,0001.
5001.
Ditto Small — .. ... 15 18 -- pm.
PRICE OF FOREIGN FUNDS AT. ONE O'CLOCK.
Brazilian Bonds, 5 per Cent 862
Ditto New Bonds, 1829 and 1839 85%
Mexican Bonds, 1846, 5 per Cent.
Ditto for the Account 25
Spanish Bonds, 5 per Cent, 1840 26%
Ditto for the Account 26
Ditto 3 per Cent —
Ditto for the Account
Venezuela Bonds, 2 per Cent —
Ditto Deferred ...
Dividends on the above payable in London.
Dutch 22 per Cents
BUSINESS DONE IN RAILWAY SHARES AT ONE O'CLOCK,
RAILWAYS. PAID. rEI SHARE.
Aberdeen
Amber., Notting., Boston, &c. 2% — .. ... to
Armagh, Coleraine, & Portrush 1% to
Aylesbury and Thame l% to
Belfast and County Down .. 43/4 .. - to
Birmingham and Gloucester..loo ......129
Do. New (iss. at 7% die.).. 17',4 —
Birmingham & Oxford June... 2
Birkenhead, Lancashire, and
Cheshire Junction.. -
Boston, Stamf , & Birming... 225.
Bristol and Exeter - •
to
Do., New .--- ...

_ , ... 5 ...... -
Bristol and Gloucester.. -
Bristol and Liverpool Junc... 2% ..... -
Buckinghamshire 42s. -
Caledonian
Ditto, Half Shares - to
Ditto, Extension ...... ... -
Cambrian and Grand Junct.. 425. -
1 i/3 ---•
Central Kent 2% - to
Chester and H01yhead......... 271/2 ..... 23% to
Churnet and Blythe.... .. 2
Chester and Manchester...... 425.
Cheltenham and Oxford ...... 2 ••••••
Clydesdale Junction .......... 20 ..- -
Cork, Blackrock, & Passages 225. •-
to
Cork and Killarney D.A...~
Cork and Waterford ............ 1%- -
Cornwall
Ditto, Half Shares ...... ... 21/2 ..... - ......
to to •
•
Cornwall and Central Devon 2%
Derby and Crewe 2% - to •
Direct Lincoln, East Retford,
and Sheffield Junction 2% - to •
•
Direct Manchester (Rem.)... 234 ..... -
Ditt Northern Rastrick's) -
Direct
2 A...... 11/ to
Direct Norwich 1 - ...... to .
•
Dublin and Belfast Junction.. 10
Dublin and Galway......
Dublin, Belfast, & Coleraine24l/2
..
.......... to o :
Dundalk and Enniskillen
1...1. /61s.
2-15/0/2.........
ttoo :
Eastern Counties
Do. New l2l. 165.....,, -- .... to -
Do. Perpet., 5 per ct.No 1,6/. 13s. 4d... - ...... to -
Do., do ....... N 0.2,6/. 13s. 4d... % p... to Do., York Extension los. -
East Dereham and Norwich 1 - -
-
Eastern Union 35 -
Ditto, Quarter Shares - ...... to -
Do. Extension to Harwich yy, — ...... to -
Do. Cambridge and Ely ... 2% - ...... to -
East Lancashire -
...... to -
Ditto, New -
East Lincolnshire ... 114 3A ...... to -
East and West of England... 1A
-. -
Edinburgh and Glasgow 5O - to -
....
Ditto, Half Shares
to
Ditto, Quarter Shares 12% - ...... to -
Edinburgh and Northern - ..... to - Edinburgh and Perth ......... 3 -
Ely and Huntingdon ... ...... 7% - to -
Enniskillen and Sligo ...... ... 21/2 ...... - -
Exeter, Yeovil, & Dorchester 5% - •..... to -
Glasgow,
Kilmarnock, & Ayr 50 - ...... to -
-
Ditto, New ...... 15 ...... - •••• to - Do. 1/1 Shares (5 per ct. gua.) 12% ..... - - Glouc.,Aberystwith,andCen.
of Wales .........1% - ...... to -
Goole,
Doncaster, Sheffid., &c. 425. -
. .. .. .
Grand Union (Nott. & Lynn) 1% ...... - ...
Great Eastern and Western... 2% _•-..... to -
Great
Grimsby and Sheffield 10
Gt. South. & West. (Ireland) 271/2 - to -
Great
Munster
... •.. 21/2 ..... . to
Great North of Scotlandto -
Great North of England 100...... - -
Ditto, New 5 59% to 59
-
Ditto, New ... 15 .. 51% to -
Ditto, New ll/2 ... 19% to -
Great Western
...... to --
Ditto, half Shares 5O ...... - .. ... to
Ditto, Quarter Shares -
Ditto,--
Fifths 2O
Do. New - ....p
to -.. to --
...
Guildfd.,Farehm., & Portsmth. 5 ... 5141/2- ...... to Harwich and E. C. Junction 2 .... • - ..... to -
Hull--
and Selby SO ...... - ••••• to
Ditto, Quarter Shares ..... - 12% ...... -
...... to
.....
Ditto,
Half Shares - . ..... to --
... .. to -
Ipswich & Bury St. Edmunds 111/2 ...... -
Do. do. and Norwich - -
Killarney Junctions ............ 1 1/1 ...... ......
to
Kenual and Windermere ..... 1%...... .....,
..
.. -
Do. New ...... .. ............... 5 ...... ---
... -
-
Leeds and Bradford ............ 30 - . -
Leicester..... -
Leeds and Carlisle .......... 2:3/ .. . -
and Birmingham... 228.8 .......... ---- .:: to Leizester and Bedford ......... 225. -
-
Leeds and Dewsbury • ....... 221/2 - ...... to -
Liverpool, Manchester, and Newcastle Junction •.,, ... 21/2 — to --
Liverpool and Bury ........ .14 - to -
London tic 131ackwa11...16/. 13s. 4d 9% ...... to -
Do. New....... .. . 3 - ...... to -
.........
Do. Extension ......... ...... 71/2 - ...... to -
London and •Brighton ... 50 -
Do. Fifths 4O -
...... to -
London and Croydon...l3/. 15s. 9d 21% to -
Do. Guaranteed 5 per Cent. 9 . - -
London and Greenwich... 12/.155. 4d... - -
Ditto Preference ...... -.18/ 17s 2d... - -
Lonclon,Uor ,lo- &W '2 - --- -

. estern •••••• to
London
and North Western..loo l9Bl/2 ...... to 198
Do. Quarter Shares
...... tO
Do. do. New ...... ...... 2
Do. do. Fifths
Do. Eighths G. J. 121/2 ...... to
Do. New Quarters ...G. J. 5
••• to
Do. 40/. Shares.....L. &M. 8 . — ...... to
London and S. Western.... 41/. 6s. 10d 691/2 ...... to 6814
Do.NeweonsolidatedBths.. 40 53 .... to
Ditto New ......... ....... 221/2.. 30%...... to
Do. . 18 ...... to
London and York... l5/4%.. to
Ditto Half Sharps
London and Windsor 19(4. .....
London, Salisbury, & Yeovil 21/2 ...... 11/2
Londonderry and Coleraine... 121/2 ......
Londonderry and Enniskillen 121/2 ......
Lynn and Ely
Lynn arid Dereham