The Sun.
London, England, 1848-03-13 00:00:00

StOiNE
Y and COMMERCIAL NEWS.
CITY, QUARTER TO THREE.
In the Cotton Market:a- Liverpool on Saturday the
Bales were 2,500 bales. The market was quiet, and
Prices were without alteration. A better tone prevailed
111 the market for Railway Shares, and there was a ten-
(limey to advance.
The Funds, according to the accounts received from
abroad, were very depressed in all the Continental cities,
rd confidence is at a much lower ebb there than here.
If we might judge, however, from the embarrassed state
of the French finances, we should say that there is likely
to be much prudence exercised by the new Assembly in
Order to avert a war.
It is understood that rather a large amount in specie
has been sent to Holland from London within the last
few days, and which is not comprised in the 40,000/
forwarded up to Thursday last. This is not the reAult
of any balance of trade against England, but, on the
contrary, of an operation which will bring considerable
profit, because the bullion is lying idle here at present.
There are more failures reported at Amsterdam, in con-
nexion with the Stock Exchange.
The following extracts, from the Nets York Herald,
received by the Hibernia, presages with singular point
events likely to happen in France, and most other parts
of Europe. It need hardly be stated that the news of
the revolution in France had not been received out when
the lines were penned:—
" When the harvest in Great Britain proved deficient,
and the attention of Europe generally was directed to the
moat important sources of supply, considerable anxiety
was experienced relating to the ability of the United
States to meet the demand likely to arise. This
Produced a great deal of inquiry regarding our
agricultural resources, and more information was
gathered of our position than would have been
obtained under other circumstances in several
Years. When it was stated that we could alone supply
the deficiency in the harvests of the United Kingdom,
no one on the other side believed it; but when we tilled
their markets with provisions and breadstuffs, there
was no longer any doubt. The facts which then trans-
pired, showing the immense crops of the country,
and the annual surplus on hand, astonished even
those who had made it their business for
Years to have examined these things; and when the
statements sent to England were so soon followed by
Much immense quantities of the real article, all doubts
disappeared, and all fears relating to sufficient supplies
vanished at once. Our agricultural resources were
Comparatively unknown abroad before the short har-
vests in Europe, but they are now well understood, and
it is this knowledge that has operated so favour-
ably upon the minds of capitalists, and turned their
attention to our finances. It is well known that
the agricultural products of a country constitute its
Most important element of wealth ; and a country rich
in these must soon be so in every thing else. There is
no other country on the face of the earth the natural
resources of which are so great as this ; and our people
possess an .energy sufficient to develop them with the
greatest rapidity. Every thing that constitutes wealth
we possess to an unlimited extent, and the seeds of
revolutions or of social discord cannot take root upon
our soil."
The Committee of the London Stock Exchange have
not yet come to any determination respecting the short-
ening of the "Account" in the. English market, but no
interference is intended with the present Account, which
runs on until April 13.
Upon the commencement of business this morning in
the Stock Exchange the speculators seemed inclined to
renew their sales, and Consols were marked 80i for
time; subsequently they rallied to 80 and are now
8011 to The meeting at Kennington Common has
formed the ground for renewed " Bear" operations, but
the lowest rates at which money bargains have been
concluded are 80k to 80k. The public still seem
disinclined to sell at the existing rates, and unless stock
is thrown upon the market, the dealers will have to pick
it up between this and the account day. Events must
determine this, and it is impossible yet to form any
opinion. Exchequer-bills have realised i 28s. to 305., and
India Bonds 12s. premium.
In the Foreign Securities, business has been exceed-
ingly dull. Spanish Five per Cents. have been 111 to
12, and the Three per Cents. 22 to 23. Mexican Stock
has realised 10 to 15A. Dutch Two-and-a-Half per
Cents. have been 40f to 42, and the Four per Cents. 60
to 62.
In the Railway Share Market the transactions have
been of moderate extent, and without any improvement
in prices.
ONE CLOSING
PRICES OF BRITISH FUNDS. 01, LOCK. PRICES
8 per Cent. Consols Annuities-- 80:4% 7 80%
Long Anns.to expire Jan.lB6o
Ditto 30 years, Jan. 5, 1860 8 7-16 8 7-16
India Stock
India Bonds, 1,0004
Consols for Account ...
Exchequer Bills. 3d.
1,0001.
500/.
Small
ONE CLOSING
PRICES OF FOREIGN FUNDS. O'CLOCK. PRICES.
Equador Bonds 2
.

Grenada Bonds, 1 per Cent. —
Ditto, Deferred ...... 2%
Mexican, 5 per Cent. 1846 I43AX 14%
Ditto. Account ..... . ......
Portuguese 5 per Cents... —
Ditto, 3 per Cent
Spanish 5 per Cent. 1840.
Ditto, Account l2 1114
Ditto, Passive
Dividends on the above payble in London.
Venezuela Bonds, 2 per Cent — 16
Ditto, Deferred — 4
Dutch 2% per Cent., 12 Guild — 40
Ditto, Account 40% 42 42
Ditto. 4 per Cont. Certificates 62 61 60 59
PRICES OF BUSINESS DONE CLOSING
RAILWAY SHARES. PAID' AT ONE O'CLOCK. PRICES.:
_

Aberdeen 0..0
Amber., Nott., Boston,
and Eastern Junction 314.
Ayrshire and Galloway.. 21/2
Belfast & C unty Down 11%......
Birmingham and Or.
ford Junction :.... ... 20
Birmingham. N'ti olver-
hampten, and Dudley 10 .. ...
Birming., v‘ olverh'pton,
and Stour Valley 101. 145... 34 3 dis. ..... . 3.dis
Birkenhead, Lancashire,
and Cheshire June. '3/4
Boston, Stamfd & Birm. 5 . — --
Bristol and Exeter B5
Ditto, Thirds
Buckinghamshire... 121. 45. ... .. 4 dis 4 dis
Caledonian .
Ditto, Half Shares

Ditto,tlydesdale June 59

Chester and Holyhead... 37% —
Ditto, Preference l2
Clarence
Do. lat Class, 6 per Ct. 10

, .
Do. 2d Class, 5 per Ct. 10 ...... -
Do. Government Loan,
4 per Cent. . . lO .....
Direct London & Ports-
mouth
Dublin and Belfast June. 25 ......
Dandalk & Enniskillen 17% ......
East Anglia, 25/., L. &
E. and L. and D...... 25 ......
Do., 181., E.& H.... 18
Do., 3/. 105. .- ...... 3% .... 314... ........
Eastern Countie 5........ 20
Ditto, Ext ension, 5 per
Cent., No. 1...... 6/. 13s. 4d
Ditto ditto, No. 2...61. 13s. 4d... ... —
Do., North. & Eastern 50
Do., Quarters .... ..... 12%
De., New
Eastern Union 80
Ditto, Quarter Shares 1211
Ditto, Thirds.... ...138.4d.. ....
Do. (guar. 6 percent.) 10
Ditto, ditto
East Laacsuilaire -
Ditto, New -
Ditto, New Quarters 334 — -
East Lincolnshire ...... 16%
Edinburgh and Glasgow 50 ...... 35 36% .....
Ditto, Half Shares ... 15 .. .. 8 .... ........ ,
Ditto, Quarter Shares 121,4 Bl4
Edinburgh and Northern 25 —
Ditto, New.. 33/4 — ......... ......
Ditto, Newport t2
Ditto, ditto, New 21,,,i. .... --
Exeter,Yeovil, k Durch '2%
Ditto, New ... ...... ... 2% —
Glasgow, Dumfries, and
Carlisle
Glasgow,Kilmar., & Ayr 50 ......
Ditto, New ... 4O
Do. Preference Consol. 15
Great Northern
Do., London and York 2% %
Great South. and West.
(Ireland)
. Great North of England lOO „.....229 225 225
Ditto, New, 40/ l5
Ditto, New, 301 3O
• Ditto, New, 151... 6%
Great Weitern • 90 ... ..
Ditto, % Shares a0...... .....
Ditto, 14 SJ',ares
Ditto, Fit,las 2O
Ditto, 'sew 171... ..... 9% —
Rudder afield and Minch. 24
Dirt°, Thirds
HIT.' and Selby ..
Ditto,,Half Shares ... 25 ..-.• 48%
Ditto, 1,4 Shares -
Ipswich & Bury St. Edm 17%.....• 5%
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, % Shares
Do. Quarter Shares 14% — ... ...... .....
Do. Fifths... ... 9
Do. Sixteenths 64 —
Do. Thirds (Reg.)....10/.45...... ........ •
Do. Liverp. and Bury 38 ......
Ditto % (late Hud-
dersfield and Sheff.) 33
Do.(Wakefield,Ponte-
fract, and Goole) ... SO —
Do.(W.Riding Union)4/. 25... ... .
Do. (Preston & Wyre )25 - ••
Do. 1,4 Shares (A)... 9
Leeds and Bradford 5O - •••••• •..••.••I
Leads, Dewsbury, &c.... 42%..••••
Do., Half Shares 17% —
Do., (blue) scrip
Leeds and Thirsk .....
Ditto, New
Do., Prefer. 6 per Ct. 3% — ....... •••••••
Liverpool, Ciosby and
SouthpOrt
LiverP.• Manchester, and
Newcastle Junction... 2% ....
ondon &Blackwall...l3l. 68.8 d.... --• ...
Do. New, No. 2, 5/.135.4d.... 2 dia.
Do. Eztonolou /mum 17//iim" ull ,