The Sun.
London, England, 1844-02-23 00:00:00

MONEY AND COMMERCIA.L.NEWS

CITY, QUARTER TO THREE.
In the Liverpool Cotton Market, yesterday, the sales were
4,000 bales, all to the trade, and at previous rates. In the
Share Market prices were still drooping. Birmingham and
Glouceater, 71 ; Eastern Counties, 104 ; Edinburgh and Glas-
gow, 57 ; Birmingham, 224 ; Ditto, New, 384 ; Brighton,
42 ; South Western, 75i ; Ditto, Eighths, 31. 3s. ; Man-
chester and Leeds, 114; Paris and Lyons, 21. 18s. 6d: ; Paris
and Orleans, 324 ; South Eastern, 35* ; Ditto, New, 354.
Much satisfaction has been produced in mercantile; circles
at the notice given by Mr. Labouchere, of his intention to
bring forward that most important question—the commer-
reial relations between this country and the Brazils—and,
however important the debates respecting Ireland may be,
still the postponement of the motion, even but for a limited
period, upon this topic caused some regret in the City this
morning. All the returns and compilations relative to
our exports of manufactured goods exhibit a great fall-
ing off in our trade with the Brazils. We may give
one illustration. The exports of yarn and cotton manufac-
tures to the Brazils and other parts of South America, in
1837, were 108,521 lbs. ; in 1841, but 15,503 lbs. ' • and last
year only 5,616 lbs. In other articles equally disastrous
results are exhibited in consequence of the continuance of
high duties upon the importation of the staple produce of
Brazil—sugar.
There are not any colonial arrivals of interest in the City
this morning.
Although the Government broker took 20,000/. Consols this
morning at 97i, the price has since fallen. The cause of.the
reaction in some quarters is assigned to the official confirma-
tion in Parliament to the occupation of Tahiti by the French
Admiral, and the dethronement of Queen Pomare. None
but a Bear speculator in Consols would dream that
a cases belli would aria with France and this
country, as no doubt her Majesty will be re-
stored after a period. The reaetion in the Funds
is more to be attributed to the state of the Consol Accouat,
the settlement of which is fixed for Tuesday next. Consols
for that day opened at 97i, fell to 97j, and are now at 93.
For Money the opening price was 97i, it fell to 97i and ral-
lied to )1. The Three-and-a-Half per Cents. keep firm. The
premium upon Exchequer Bills is up to 71s. •, India Bonds and
Stock are rather flat. Bank Stock reached 196 early in the
day, but it is now at 195.
The-value of Spanish Bonds has not improved this morning,
notwithstanding. the statement that the tobacco contract is
to be open for public competition, and that 800,000/. have been
offered for it, and refused by the Spanish Finance Minister.
Not much credit is due to apy assertions emanating from
Spanish officials, and the Active Bonds have remained at
231 is 24, and the Three per Cents at 33h to 33j.. The
Treasury Bonds were sold late yesterday at 40. The
Old Portuguese " Five per Cents are very steady at
76. Dutch Stock bas fallen a Blade. Brazilian had ad-
vanced to 794. Peruvian are at 304, and Colombian ex-
Venezuelan at 13i. It is rumoured that the Colombian and
Venezuelan Republics have made some arrangements to pay
the interest on the debts of each, but they want a new loan.
The Railway Shares market is not active :—London and
Birmingham have fallen from 126 to 124 prem. ; Manchester
and Leeds, from 40 to 38 prem. ; and South Eastern and
Dover to 15 dis. A few of the other shares commanded a
slight rise on yesterday's values. Santiago do Cuba Mining
Shares are at 3 dis.
BRITISH FUNDS THIS DAY AT ONE O'CLOCK.
(From the 018cial.List.)
Bank Stock.... .......... .......... 196 195
S per Cent. Reduced Annuities 36%;4%
3 per Cent. Consols. Annuities 97%54%%%
R 4 per Cent. Reduced Annuities
New 354 per Cent. Annuities loem%
Long Annuities, Rxpire sth Jan. 1860
Ditto 3. Years, Expire 10th Oct. 1859 ..... 12%
Ditto 30 Years, Expire sth Jan. IP60.
India Stock
India Bonds, 1,000.- ........ ..... . .
Ditto under 1,151 l7
Consols for Account .... 97%%%
Exchequer Bills, 130. 134 d.
1,0001.
500/.
Ditto Small—. .. . ......
Ditto ....... 6, pm.
FOREIGN FUNDS THIS DAY AT OWE O'CLOCK.
Brazilian Bonds, &per Cent. ..............-. 79%
Columbian Ronda 13%

MANCHEATER STOCK EXCHANGE, FEE. 22.—We have no
improvement to note in our market to-day, and our quota-
tions, with few exceptions, aro lower. Bolton and Preston,
294 ; Manchester, Bolton, and Bury, 974 ; Manchester and
Leads, 110; South Eastern Scrin, 3E4.
CLOSING PRICES.