The Sun.
London, England, 1851-06-20 00:00:00

MONEY and COMMERCIAL NEWS.
CITY, TWO O'CLOCK. The sales of Cotton at Liverpool yesterday were esti-
mated at 6,000 bales, of which 400 Pernam and Maran-
ham, and 300 Surat, were taken for export, and 300
American on speculation. The market was well sup-
plied, and closed steadily, American id. to id., and
Surat *d. per lb. higher than on Friday last.—Rail-
way Shares continued to droop, and prices were again
lower.
In the markets for Colonial and Foreign Produce
there has been no extensive transactions this week, and
the quotations have given way for several articles, the
supply of which is superabundant. The consumption,
however, is large, and there is every prospect of its
continuing so, consequently a healthy state of things
may be said in that respect to exist, although the
growers are not obtaining prices commensurate with the
cost of producing sugar, &c.
The six weeks' average price of Wheat is 395. per
quarter, and the last week's was 395. 11d. per quarter.
The sales last week were 86,886 quarters.
A movement of considerable importance is stated to be
about to take place on the part of certain wealthy con-
tractors and capitalists, which must greatly iwprcve the
position of the shareholders in some of the small undertak-
ings that have Parliamentary powers unexercised. These
companies are a dead letter, although very little doubt
can be felt that, if they were carried forward, they would
4 % be marketable to the old companies at a fair price. What
would pay new corners, however, the original share-
holders, after past 108SQs, would not perhaps re gard as
a sufficient compensation, and hence would be well in-
clined to get rid of a concern that has already excited a
6 % distaste among them. Bought:at a reduced rate by the ca-
pitalists who now propose to step in, a moderate interest
on the original capital would amply pay them, yielding
some 8 or 10 per cent., with no more Parliamentary con-
Si 36 testa to go through, with labour and materials so cheap
that from 6,000/. to 7,0001., it is estimated, would be the
total cost per mile, and with all the experience gained by
P former mistakes, and all the appliances of plant, and the
mg contrivance of leisure. Recent attempts prove that the
is% 63 experiment may be made successful, several lines having
i 34 been taken in hand, constructed for a few miles only, the
rest being abandoned, so as.to render them available as
auxiliaries to the trunk railways, and then leased.
The Stock Market has been very dull again, arising
principally from the thin attendance of members. The
Exchange is, in fact, comparatively deserted. Consols
118 ea have been 96} for Transfer; the New Three-and-a-
% Quarter per Cents., 98 to i; and the Three per Cents.,
%
97 to Bank Steck has teen firm at 214. Exche-
quer-bills have been marked 425. to 455., and India
$l% Bonds 555. premium.
Foreign Securities have been heavy. Mexican Bonds
are not better than 34-41 to -a. Spanish Five per Cents.
have been at 20-i to and the Three per Cents. at 40i
34
to Buenos Ayres Stock is at 55k. Dutch Two-ancl-
a-Half per Cents. are 60k to
4 The Railway Share Market is again worse, and the
It % absence of many of tho dealers leaves it without the
least support. To a great extent, the present weakness
is attributable to speculation, not to real sales.
QUARTER TO THREE.
Shut.
••• a. 96i ex div.
PRICES OF BRITISII FUN ONE CLOSE,TO
DS O'CLOCK. PRICES.
B.tnt. ztoca
8 ,er Cent. Reduced. Anne.
New 3i per Cent. Anus- .
Anna. to fixpir,,Tan.lB6l 7 5-16 7 5-16
Ditto, 30 years, Oct. 10, 1859 7 1-16 7 1-16
India Bonds, 1,0001
Ditto under 1.00(n.„..... 55 p
Commis for Account
Exchequer Bills. 1144 e.
1,000/.
500/,
Small, ..

dine

Consols ...
Ditto Opening

55 p
96%
46 p

42 p
42 p
CLOSINO
PRICES.
88

ONE
PRICK% OF FOREIGN FUNDS. O'CLOCK.
Brazilian Bonds, 5 per Cent.
Buenos Ayres Bonds, 6 per Cent
Ditto, Account .... 55%
Danish 80nd5,1825,3 per Cent. —
Ditto, 5 per cent. .....—.. lO4
Mexican, 5 per Ct., ex Jan. Coupe
Ditto, Account 341
Peruvian Bonds, 5 per Cent
%23 Portuguese 5 per Cwate.
Russian Bonds
Ditto, 4% per Cent
Spanish f; per &I-mt. 1840
Ditto Account....... ,
Ditto, Passive2o3‘6
Ditto. 3 per Cent 40% %
Dividends on the above payable in London.
Dutch 2% per Cent. 12 Guild t %