The Sun.
London, England, 1850-02-27 00:00:00

MONEY and COMMERCIAL NEWS.
CITY, QUARTER TO THREE.
The sales of Cotton at Liverpool yesterday were esti-
mated at 5,000 bales, of which 2,000 American were
taken on speculation. The tone", of the market was
fiat.—Railway Shares were very dull and at lower
prices.
The Indigo auctions have been brought to a conclusion.
Since the first day the sale, with but little exception,
has gone off very heavily, and the advance of 4d. to Bd.
per lb. then paid, has not been maintained, not-
withstanding the support given by importers. who,
as the sale progressed, became more willing
sellers, at rates varying from 3d. to 6d. per lb. above
the October rates. This article, like many others, at-
tracted the attention of speculators at the commence-
ment of the year, and an advance of 6d. to Bd. per lb.
was generally current; the result, however, of the pre-
sent sale cannot be considered to have established a
greater rise than from 3d. to 4d. per lb. upon October
prices. The bulk of the purchases made has been on
foreign account; the home trade have bought but
sparingly, and for immediate wants ; those
who bold stock have been mostly content to
wait for the May sale ; the greatest competi-
tion has been for Kurpah Indigo, of which
there 16£1.3 but a small proportion offered, and this des-
cription may be said to have gone the dearest, and Ma-
dras the cheapest, in proportion to other sorts. Of the
quantity brought forward it is estimated that 3,492
' chests are bought in, 4,377 withdrawn, 6,500 sold, to
which may be added about 500 of the bought in and
withdrawn, making the total quantity sold 7,000 chests,
of which about 4,000 are for export, 1,500 for home use,
and 1,500 for sale.
The accounts from abroad are more satisfactory upon
the condition of the Stock-markets in some of the prin-
cipal cities. At Amsterdam there was more buoyancy
both in the home and foreign investments.
There are no colonial or other ship arrivals with later
intelligence.
At the meeting of the shareholders in the Whitehaven
and Furness Railway Company, held this morning, it
was stated that the average earnings on 164 miles had
been nearly 100/. a week, and the directors state in their
report, which was agreed to nem. con., that—
" It will be seen that with six further miles of the
railway to complete forthwith, and eleven miles more
upon which the works are in progress, and likely to be
finished in the current half-year, the 21. per share re.
maining uncalled must be speedily paid up.
" This payment, with the arrears of calls, and the
sum to be raised on debenture in respect of which the
company's powers remain unexercised, will be sufficient
to complete the railway and purchase the further rolling
stock required.
"On the completion of the whole line the directors
look for the development of a through traffic of con-
siderable importance, by means of steam-boats between
Piel Pier and Fleetwood, and between Piel Pier and
Poulton, in connexion with the North-Western Railway.
" This latter route will open up a direct communica-
tion between the manufacturing districts of Yorkshire
and Whitehaven, and so with the north of Ireland, which
carries on an extensive trade with Yorkshire.
" The directors continue to bear in mind the import-
ance of a connexion by railway with the harbour of
Whitehaven, and with the Whitehaven Junction Rail-
way; and while the resources of the company will at
present be applied to the completion of the main line, no
opportunity of carrying these subsidiary objects into
effect will be lost sight of."
The resident engineer remarks that—
" The works on the portion opened in July last conti-
nue in a good state of repair. The goods and mineral
traffic is steadily increasing and will, I have no doubt,
continue to do so, as the line
,is progressively opened.
The opening to Bootle will bring a very considerable
addition to that description of traffic; and during the
summer months we shall, I expect, have a large passen-
ger traffic.
" The opening to Bootle will greatly facilitate the
through traffic, as it will reduce the coach travelling
six miles, and that the worst portion of the road.
" The expenses of working the 1t54 miles between
Whitehaven and Ravenglass have been about 60 per
cent. of the receipts, but there is every probability of the
earnings being very much increased, with a very little
addition to the expenditure.
" I am able to add, that nothing has occurred dur-
ing the half-year to alter my opinion that the rail-
way may be finished within the estimates already
submitted to you, showing the coat to be under 10,0001.
per mile."
The English Funds have recovered partially their
buoyancy, and although they opened heavily, a better
feeling has arisen within the last few days. Consols
ave been 941 to 943 for Transfer, and 941 to 95. The
present values are 943 to 95. The New Three-and-a-
Quarter per Cents. are 97i to 974, and the Three per
Cents. 95 tot. Bank:Stock is worth 207; Exchequer-
bills are 545. to 575. premium, and India Bonds 84s. to
88s. premium.
In the Foreign Market the transactions have been
again rather limited. Mexican have realised 29i 4, and
Brazilian New 87 to 3. Peruvian have been dull at 78
to 4 for the Active, and the Deferred at 343 to 3, al-
though the prices come higher from Amsterdam.
Portuguese Four per Cents. have been 314 to 323.
Russian Bonds are worth 1097, and the Scrip is to 18
' premium. Spanish Three per Cents. are 363.
The decline in Railway Shares still goes on, and no
one seems disposed to support the market. Even
South-Western, after yesterday's comparatively satis-
factory meeting, are depressed.
StiITISH FUNDS THIS DAY AT ONE O'CLOCK.
(From the Official List.)

Bank Stock 207
3 per Cent. Reduced Annuities
3 per Cent. Consols Anna
New 314 per Cent. Anas. 97A14 1/2
Long Annuities, Exp. Jan. sth, MO 8 9-16 8%
India Stock —
Do. Bonds, 10001
Ditto under 1.0001 ..
South Sea Stock —
Ditto New Annuities
Consols for Account 91:y4% 5/2 95
Exchequer Bills. I%d. 2d.
March. June.
1,060/.
5001 — 54 57 p
Small — 54 57 p
t'RICE OF FOREIGN FUNDS AT ONE O'CLOCK.
Brazilian Bonds, 5 per Cent —
Ditto New 80nd5,1829 and 1839 87 8714
Mexican 80nd15,1846,5 per Cent., Coupons
Ditto Ex Jan. Coupens
Ditto Account . 29%
Peruvian Bonds, 4 per Cent 7B 781,4
Ditto Deferred
Portuguese Bonds, 5 per Cent —
Ditto 4 per Cent.
Russian Bonds, 1822, 5 per Cent 119%
Ditto Scrip 1%% p
Spanish Bonds, 5 per Cent lB 17%
Spanish Bonds, 3 per Cent,1840
Venezuela Bonds 33%
Dividends on the above paayble in London.
BUSINESS DONE IN RAILWAY SHARES AT ONS O'CLOCK
RAILWATI. PAID. Pia snails.
Birmingham & Ox.fordJunct.,
calls duly pd, or with guar. 20
Bristol and Exeter ............ 92
Buckinghamshire.. ............. 17% 1634 - .. to 17
Caledonian
;heater and H01yhead..„..... 50 ..... 10 ..... to
Eastern Counties .... .....20
Do. New Pref., 6 per Cent.. 10
Do. Exton., 5 per ct. No. 1, 61.135. 4d .. p .to
Do., d 0....... ......... N 0.2,6/. 13s. 4d... %p.. to
East Lancashire ..... ........ 25
East Lincolnshire, guar. 6 per
Cent. ... ...
Great Northern
Do., 5 per Cent. Pref. ...... 12% lO% to
Great Western ..100
Ditto, Quarter Shares ...... 25
Ditto, Fifths
Do. New 171. .. l 5 ..
Lancaster and Car1i51e........ so
52
Lancashire and Yorkshire ...100
Ditto Fifths lO .... 2
London & 81ackwa11......111.68.3d...... 3% to
Lond., Bright., & South COaatloo ..... 7914 3/4 to 79
London and Greenwich... 12/.155. 4d... 103 A
London & North Western.....loo ...... 10434 104 to 1151,(1
12
..
..
.... . 112214:::
totot 1121
...... 40
Do. Fifths
Do.
St; av i
r.r taeensr
tds .e.r
R8......(.....C )
110201
.....
63
to
to
lil
LondoniDdlotini:iand.
.. .. . .. . .
........ . .
.100
Ditto, 50/. Shares ..... ...... 30 ...... 414 .11 % to
Birmingham, 6 per cenL...loo ...,,.122,4„ to
Yorth British •• .. ......... • 25 ...... 10
%
to
Ditto Half Shares.... ...- 12% ..... 43/ to
Ditto, Preference ...... 5 ...... 514
\
VA..... t4,—
Scottish
Th'coeoarttdthiinshg, StGcaffeuinoirtddsrfald.'
h•
ir.843.-.R....e...i ................ 1157%
25 ••• -- 13%...,. to
South Eastern . ............. ... 33 1/8 lB
to 18%
south Wales ............... ... 43 ...... 1634 to
Wear Valley 6 per Cent.
Guaranteed ...... ..... ..... 50 .....
Do. do. do. ......... 25
Do. do. do. ..... .• 15 ...
f ork, Newcastle, and Berwick 25
.ITS
..A. %.
Do. and Newcastle Exten. 20 8 8%141/1 to
Yorkp and
o.G. N.
North E. Fur.
mi cu o
Midland
d Pre f.
f.
08
17%14% to
% ••• to Ditto, Preference ............ 10
FOREIGN
Dutch Rhenish ..............
..... ... 8
. 5
Luxembourg ......
.. 2
Namur and Liege. .
".. ...... ze . •• to 6%
Northern of France. ............ 16 .. ... 13%
Orleans and Bordeaux ••• •• 7 '" ••3
RAIL_:
Rouen and:Havre ........ . ..... 20
MMES.

AnFlo Mexican ............ 100
United Mexican ........ 28

COURSE OF
Amsterdam 12 2%
Ditto, at sight ...... 12 !,
Rotterdam 12
Antwerp•• 25 75
liamburgh ~., .m,B, 13 13N
A1t0na.....
Valls, 3 days'sight . 25 50
Ditto, 3 months •• 25 7(),,
[tat-seines • . _ 2.5 7u
Lourdeanz.. 25 70
Franiuurt on Maine.... 122
l'etersburgh, Sil. Rbl .• 3i is
Vienna, one, 11 40
Trieste, ditto.... 11 10
Madrid ~ 49
Cadiz .. ,„ ,„ 453,8
Bilbao .• •
Barcelona •••
•
Sevilla.... ............,

EXCHANGE.

Gibraltar.. • •
Leghorn ........ • • .... 30 GO
Genoa 2, 0
Milan .
Venice
gpies ............ 41%
ralermo, peroz .. 12174
Messina .............. 122
Lisbon.— .......... 53 yE,
Oporto •• . • • • .......... 53%
Kio Janeiro
suenos Ayres
Sew York, 21 days'slght
Philadelphia

PRICES OP BULLION, PER OR,
Foreign Gold In bars.. £3 17 9
Portngal Gold Coin .. 0 0 0
Spanish Doubloons .. 0 0 0
New Dollars • • 0 4 ION
Silver in bars ........ 0 4 11%

" SERMONS IN STONES."---A Scottish geologist,
while in the country, having his pocket hammer with
him, took it out and was chipping the rock by the way-
tide for examination. His proceedings did not escape
the quick eye and ready tongue of an old Scotchwoman.
" What are you doing there mun ?" "Don't you see,
I'm, breaking a stone." " Yo're doing mair than that;
ye re breaking. the Sabbath."