The Sun.
London, England, 1848-03-23 00:00:00

MONEY and COMMERCIAL NEWS.
CITY, QUARTER TO THREE.
The Cotton Market at Liverpool again, esterday,
Was rather heavy, and prices were nearly . per lb.
lower than on Friday last. American sorts were de-
clining. Sales, 3,500 bales. American realised 44d. to
sd. per lb. Railway shares were better, but with a very
limited business doing.
Great interest is still attached to the commercial ad-
vices from abroad. Each day a hope is held out that
confidence will immediately revive, but, as the sequel
Proves, with very little reason. Indeed it is in the nature
Of things that nearly every trader of consideration must
suspend payment, where such radical changes are
effected, and the Government itself is embarrassed
for means. The warehousemen, the metal mer-
chants, the 'magaxins de nouveautes, the bankers,
and the manufacturers, all appear to suffer alike;
and, until political security is felt, money will be ,jea-
lousy hoarded even by those who have to spare. Still
.it is in the power of the Provisional Government
to do much, and their zeal and energy none can dis-
pute. A highly gratifying circumstance too is the moral
courage exhibited, and the co-operation afforded,'by M.
Rothschild, a course of proceeding which, under cir-
cumstances, is deserving of the warmest praise.
With respect to the general advices received from
Germany, there appears to be but one opinion in the
City, viz., that the respective sovereigns are needlessly
humiliating themselves rather than make bold gad une-
quivocal concessions to the just demands of their people,
and this is, indeed, the only source of anxiety, procras-
tination being the precursor perhaps of greater political
convulsions.
A very interesting meeting has been held to-day,
that of the Canada Company which has been
in useful operation for a long series of years,
and has proved, in the most decided sense, worthy of the
confidence of the classes whom it is intended to benefit,
viz., those least provided for in the mother country. The
operations of the company have received a most impor-
tant extension by the leasing of land, upon the excellent
principle of allowing the tenant to pay by instalments
which in ten years will entitle him to the possession of
the property unencumbered with rent, and, in fact, ren-
dering him an independent landowner. This leaves
him the use of his small means at starting for the
cultivation of his land, and materially promotes both
his comfort and success. The Canada Company has
leased for a term of ten years no less than 306,872
acres, at an annual rent of 11,100/. The tenantry of the
Canada Company appear to be the happiest in British
North America, and their social advancement keeps
pace with their worldly prosperity. •
• The six weeks' average price of Wheat established
the present duty on foreign at 7s. 6d. per quarter.
The Funds are again extremely buoyant, and appa-
Tautly wholly insensible to any present influence from
abroad, or even to money sales of stock, so desirous are
the Bears to close their account; although in many in-
stances predicting lower values again ere long. Consols
have ranged from 1124 to 831 for transfer, and from 821
to $3l for April. Exchequer-bills have risen to 30s.
premium, and India Bonds under 1,0001. are Ils. to 15s.
premium. Bank Stock for account has been 190 to 192.
The Foreign Market is favourably influenced by the
advance in Consols, but with very limited dealings.
Spanish Five per Cents. have been marked 124 to 124,
and the Three per Cents. 22k. Portuguese Four per
Cents. have been at 15. Brazilian Small are 704. Mex-
ican Bonds are 144 4. Dutch Four per Cents. have
been 64 to and Belgian Four-and-a-Half per Cents.
58.
There is more favour shown to Railway Shares, espe-
cially, the French lines, which have decidedly rallied in
price.
1111011111•1 E ONE CLOSING
rutuS or BRITISH FUNDS. O'CLOCK. ritlcEsi
S per Cent. Consols Annuities 82% 83% 82% an 83 82%
India Bonds, 1,0004
Ditto under 1,000/................ 11 15 p 15 p
South Sea Stock

Ditto New Annuities .80% 80%
Sank Stock for Account ... ..... 192 190 192 192
Consols for Account ....• ... 83 83% 82% 831‘ $3 83
exchequer Bills. 3d.
1.000/. March ...... 29 26 30 p 30 p
1,600/. June 3O p 30 p
5001. March ..
5001. June ... ... 28 30 p 30 p
Small. March
Small, June .... 26 30 p 30 p
ONE CLOSING
PRICES OF FOREIGN !ENDS. O'CLOCK. PRICES.
Brazilian Bonds —
Ditto, Small 70% 70%
Danish Bonds, 1825, 3 per Cent — 68
Mexican, 5 per Cent. 1846 14%34 14%
Ditto. Account ... ...... ..... 14%
Portuguese 5 per Cents. —
Ditto 3 per Cent... ' 15% 15%
Ditto, 4 per Cent .. 15 143/4
Spanish 5 per Cent. 1840.
Ditto. Account ...... .........
, Ditto. Passive
Ditto, 3 per Cent ..... ........
Ditto, Account . — 223/
Venezuela Bonds, 2% per Cent 19% 191,(
Ditto, Deferred 5% 5%
Dividends on the above payble in London.
Belgian 41,4 per Cent 5B 58
Dutch 2% per Cent., 12 Guild 4134 42
Ditto. 4 Der Cent. Certificates 61 61% % 61%
PRICES OF PAID. BUSINESS DONE CLOSING
RAILWAY SHARES. AT ONE O'CLOCK. PRICES.
Aberdeen 5O ...... ......... ......
Amber.. Nott., Boston,
and Eastern Junction 31,(......
Ayrshire and Galloway.. 2%
Belfast & County Down. 11%
Birmingham and Ox-
ford Junction .... ... 20
Birmingham, Wolver-
hampton, and Dudley 10
Birming.,Wolverh'pton,
, and Stour Valley 101. 14a... ...
Birkenhead, Lancashire,
and Cheshire Juno.... 734 — ... . ........
Boston, Stamfd & Birm. 5
Bristol and Exeter B5
Ditto, Thirds
Buckinghamshire... 121. 4s.
Caledonian
Ditto, Half Shares .. 33/4 ......
...,

Ditto,Clydeadale June 50
Chester and Holyhead...
Ditto, Preference l2
Clarence
Do. lit 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. 25
.Dundalk & Enniskillen 17%
East Anglia, 251., L. &
E. and L. and D...... 25
Do., 181., E. &H. 18
Do., 31. 10s. ...... 31,4 3IA 2 31/i ......
Eastern Counties........ 20
Ditto, Extension, 5 per
Cent., No. 1— 6/. 13s. 4d par
Ditto ditto, No. 2...61. 13s. 4d...
Do., North. & Eastern 50

Do., Quarters ..... 12% — .........
Do., New ... 23 ...... ••
Eastern Union ... 50
Ditto, Quarter Shares 121,E —
Ditto, Third5........135.4d..
I)o. (guar.6 percent.) 10
Ditto, ditto
East Lancashire
Ditto, New ...... 15
Ditto, New Quarters ni
East Lincolnshire

Edinburgh and Glasgow 50— ...... . ••
Ditto, Half Shares ... 15 .. ..
Ditto, Quarter Shares 12%
Edinburgh and Northern 26 —
Ditto, New 3N
Ditto, Newport l2
Ditto, ditto, New 214. ....
Exeter,Yeovil, & Dorch. 2%
Ditto, New
Glasgow, Dumfries, and
Carlisle
Glasgow,Kilmar., & Ayr 50 ......
Ditto, New ... ..... .... 40
Do. Preference Consol. 15
Great Northern
Do., London and York 21,4......
Great South. and West.
( Ireland) ... 371,4...... 18
Great NOrth of England .100 ......221 ... •••••
Ditto, New, 40/ 5 —
Ditto, New, 30/ 3O
Ditto, New, 15/ 61,4..... .... ..... ......
Great Western 9O 92 90

Ditto, IA Shares 5O
Ditto, 1,4 Shares
Ditto, Fifths 2O

Ditto, New 171....... 91,x..... $
Huddersfield and Manch. 24
Ditto, Thirds
Hull and Selby ..
Ditto, Half Shares ... 25 ...... 48
Ditto, 1/4 . Shares
Ipswich& Bury St. Edm. 17% 4%
Do., do., and Norwich 15 ...... -....
Do., do., Extens. Scrip .
(late Camb. & Ely) 2%.
Lancaster and Carlisle... 50
Ditto, Thirds
Lancashire & Yorkshire 93
Ditto, ditto
Ditto, 1/4 Shares
Do. Quarter Shares... 141,4 — ... —
Do. Fifths... ......... ... 9
Do. Sixteenths 6l/4
Do. Thirds (Reg.)....10/.45......
Do. Liverp. and Bury 38
Ditto 1,4 (late Hud-
dersfield and Shoff.) 33
Do.(Wakefield,Ponte-
fract, and Goole) ... SO
Do. (W. Riding Union)4/. 25...
Do. (Preston & Wyre) 25
Do. 1% Shares (A)... 9
Leeds and Bradford
Leeds, Dewsbury, isc.... 421.2......
Do., Half Shares l7
Do., (blue) Scrip 2 ......,
Leeds and Thirsk
Ditto, New
Do., Prefer., 6 per Ct. 31,4 — 1110.••••••
LiYerpoel, Crosby and
Southport ..., 2
Li v erp., Manchester, and
Newcastle Junction... 2%......
Loudon & Black wa11...13/. 68.8 d....
Do. New, No. 2 5/.138.4d.... ...... l7l dis.
Do. Extension . ...... 17% —
London, Brighton. and
South Coast
50 ...... ... 3C
Do. Consol. Eighths. 40 ...... 19
Do. Guarant. 5 per ct.., 9 ....
Do. Pref. Con. 5 per ct. 50 .. ... _
...... _
Ditto, ditt0...... 1852 50
London and Greenwich 12/15s 4d — ... ...... ....•
Ditto, Preference... 18/ 17s 2d
London and N. Western 100 126 128 ll,B
Do. Quarters (L. & B.) 22 ......
- Ditto, New
Ditto, Fifths ..... .. .. 2 ...... 7 7
•• •••.••
Do 401.Shares(L.M.) 20 —
Do. 101. (M. & B.) A. 7% —.