The Sun.
London, England, 1850-03-05 00:00:00

MONEY and COMMERCIAL NEW
CITY, QUARTER TO THREE.
The sales of Cotton at Liverpool yesterday were
estimated at 5,000 balee, of which 500 American were
taken on speculation, and 300 for export. The market
was not brisk, but there was a better feeling, and more
steadiness in tone.—ln Railway Shares a fair business
was done at higher prices. The market closed firmly.
The Hamburgh mail of Friday brings the rate of
exchange at 13 10, being k lower. Gold was at 437.
Not much was doing in bills. Funds and shares were
dull, and not much was doing in Coffee.
Among the items of intelligence noticed in the United
States accounts, is the rapid extension of steam-ship
building, as within three or four years the aggregate of
the new tonnage amounted to 56,000 tons. It is stated
that the steamers of Collins' new Liverpool line are the
largest in the world, being of the burthen of three
thousand five hundred tons. They will be fitted up in a style
of magnificence and splendour without a parallel. No ex-
pense is being spared about them; and although we do
not say that they will distance any vessel that may be
put in competition with them, yet we do say that it will
take something in the shape of a se am-ship that was
never yet produced, and in all prebability will not I.e
for some years to come, to beat any of them.
In accounts from Buenos Ayres it is stated that the
idea of General Rosas retiring from the dirt ction of
public affairs had called forth energetic manifesta-
tions, and that the English n erchants joined in ex-
pressing their esrnest ho; e:that such would not take place.
We.are further told that—
" A report of the administration of public credit,
which has been publshed within the last few days, an-
nounces the gratifying fact, that that establishment, pur-
suing the even tenor of its way, will be in a situation by
the end of December, 1851, to redeem the balance of
the domestic funded debt of the province, amounting at
present to 13,533,244 dolls. 7kc.; the capital of the sink-
ing fund being already upwards of five and a quarter
millions."
The Nova Scotian journals received by the mail give
a report of a debate in the Legislature upon the subject
of reciprocal free trade:—" The Attorney-General laid on
the table of the House various minutes of conference on
the subject of reciprocal trade with the United States.
He explained that the conference had taken place with
the Hon. Mr. Lafontaine and the Hon. Mr.
Merritt, from Canada; Hon. L A. Wilmot, and Hon.
J. R. Partelow, of New Brunswick; Hon. Messrs. Hen-
'thaw and Thornton, of Prince Edward Island, and the
Executive Council of Nova Scotia. A very important
topic had arisen in this conference—that was the ex-
clusive privilege over the fisheries of these colonies,
which cas held by British subjecte, and which was re•
quired by the United States in exchange for reciprocity.
Canada was ready to give up all exclusive privilege—so
was New Brunswick and Prince Edward Island, because
they contended the rivalry of foreigners would tend to
the greater industry of our own people, and the greater
prosperity of the country. On the part of Nova Scotia
the council had abstained from giving any opinion.
Even the fisheries of the Bay of Fundy, which were
claimed by New Brunswick, on behalf of British sub-
jects exclusively, had been conceded to the Americans;
and the only part now exclusively in the power of Nova
Scotia was from the mouth of the Bay of Fundy, round
to Cape St. George, including Cape Breton. It remained
to be seen what would be the views of the Legislature
on the subject ; and he hoped the whole question
would be taken up at an early day, and disposed ofsin a
manner that would reflect credit on the wisdom of the
Legislature, and promote the permanent welfare of this
country.
" Mr. Beckwith would ask what we were to get in re-
turn for giving up our right to the shore fisheries ?
"The Hon. Attorney-General said that the papers when
read would answer the question of the Hon. Gentleman.
The report of the assembled delegates advocated the prin-
ciples of reciprocal free trade; it was for the House to
accept or reject the proposed resolutions.
" The dispatches and report were read, and embodied
resolutions of the conference in favour of the home Go-
vernment negotiating for reciprocity with the United
States in the productions of both countries—bread, flour,
fish, &c."
These are cheering evidences of the march of free-
trade opinions in the colonies.
At Frankfort on the 2d inst. Austrian Metallics were
821, and Spanish Three per Cents. 27i. Amsterdam
accounts of the 3d give the price of Dutch Two-and-a-
Half per Cents. at 54 15-16. Peruvian Bonds had
sensibly declined, the Active being 75 and then 73k,
and the Deferred 32k to 33k.
The English Funds have been more buoyant, and
although there is as yet only a small advance,
the tone favours the belief that an improve-
ment will speedily occur, if Continental affairs
settle down. The transfer books are about to
close for several of the principal investments,
but there is no probability of money being scarce while
the Bank of England will lend at 2 per cent, on Stock
until the re-opening, and bullion comes forward in such
large amounts from America and other parts. Con-
sols have bean 95k for Money, and since 951 le For
Time they have been quoted 954 to k. Bank Stock
is worth 207 k. Exchequer-bills have realised 545. to 575.
and India Bonds 84s. to 87s. premium. The New Three-
and-a-Quarter per Cent& are 974 to 98k.
The Foreign Securities have been rather better sup-
ported. Peruvian Actives have touched 74 and 754, and the
Deferred 32i and 32k. Mexican Bonds have been
called 29k i; Buenos Ayres are 52, and Venezuela 34
to Portuguese Four per Cents. have been quoted
32*, and Spanish Three per Cents. 36i to 4. Russian
Scrip is worth 1 j premium. Dutch Two-and-allalf
per Cents. are 55f.
Railway Shares are all rallying again. North-Western
are kto 1 higher; Brighton also to 1 dearer, and there
is about a similar rise in Great Western. Caledonian
have touched ill; Eastern Counties, 71; and South-
Eastern, 18-1. Unitei Mexican Mine shares have gone
tack a little.

ONE ~t,,,,,--1 G
P :It;Kt. .JF :,ItITIBII YIJNDS O'CLOCK. FiliorS.
'lank Stock
3 par Cent. Reduced Arils ......
3 per Cent. Consols Annuities 951/8 IA 95%
Sew 31 per Cent. Anns.. ...
Long Arms. to expire J an. 1860 -16 8% 8%
Ditto, 30 years, Oct. 10. 1859 — 8 7-16
Ditto 30 years, Jan. 5, 1860 8 5-16 8%
ndia Bonds, 1,000/. ........ .......
Ditto under 1,000/.. .
South Sea Stock
Ditto Old Annuities
:onsols for Account 95 is v 951 h
x chequer Bills 1 lid. & 2d
1,000/. June
5001. June
Small, June 57 54_p 54 p

PRICES OF FOREIGN FUNDS. 0"/ CE OLOSIN
O'CLOCK. PRICES

Brazilian Bonds
New,
Ditto, 1829 and 1839
BuenosAyresßonds, 6 per Cent.—
Ditto, Account ..... ... _
.
Chilian Bonds 6 per Cent .••• •

tquador Bonds ... — 33/1
ai
ex lean. 5 per Cent. 1846, with Coupons— —.
Ditto, Ex Jan. Coupons
........
Ditto. Account
Peruvian Bonds, 4 per Cent .....,,,
Ditto, Account
Ditto Deferred ....................
7 5
32%
Portuguese 5 per Cents.
Ditto, 4 per Cent.
Ditto, Account ........ .
Russian Bonds ..... 106% ex d 107% ex d
Ditto Scrip 1;I4 % p 1% p
Spaninh 5 per Cent. 184 U
Ditto. 3 per Cent 36%% 36%
Ditto. Account ....„ ..
..... .
.....
36%
Venezuela Bonds, 2!ei per Cent
Ditto, Deferred ..............
Uividends on the above payable in London.
Beligan, 2% per Cent.. .. ...-__ 50

Duta. 21/6 per Cent., 12 Guild. _ —551 5514
Ditto. 4 per Cent. Certificates_ 86'4 'A
PRICES OF pAiD. BUSINESS DONE C LOSIN lt
' A ILWAY SHARES. AT ONE O'CLOCK. PRICES
Berks & Hants Extens.
(GtWest. Per.s per ct.) 6
Caledonian ......
Do. New lOL Pref..... 10 ..... 7.5/8 7l/4
......... 1173/41/4 ..........
x.d....... VA x.d
appstoo6:7l4eNorCer;l.nriisittr.i7;f.as..zeiec.rn.c.e..:
1200
6 per Cent. ......... 50
Ditto. 5 per Cent... 50
493/4
914
25
6 per Cent. .. ......... 27%
:rest Northern .........22 ••• - 774 8....._
EFTDstt°.LLaNinYlecewoalnh.s.ih.ria.r.e:,:g...u...a..r.... 1.53
......
—6'4
•
Do., %B 6 per Cent.. 71/4•••••• s'4
Do., 5 per Cent. Pref. 1N• 10%34 ........... 10%
:rest South. and West-
(lreland) ...............50 •••••• ••• -... ..... 2814
Great Western 100 ..... . 58% 59 x.d. _ 5,x.d.
Ditto, 14 Shares 25 ..... x.d....... 141,4x.d.
Hull and Selby .. 5O •••••• ............... 97%
Lancaster Do.,
Registered
yeeaeornasnd6et.Ca r l i s l e . • 54) ...... - • • • • • • • 53
Lancashire& Yorkshire 100 ••••• ...............
Do. Quarters ... 231,4 ...... 10 .
Do. Fifths.— ........ ... 10 ...... 2 1% 2;6
Do. Thirds ....- ........18 •• ••• "i 2 7%
Co. (W.Riding Union) 11'4 - ••• 447 ...... •
London & Blackwall...l I L 68. 3d... 3, sx d. 3% x.d
London, Brighton, and
South Coast_ .....100 • ..... 79'4 80 791,14 Bomt
i x.d.. 121% x.d.
Loslnditotno,aFnidit/s, Weite.r..n. . 10012 ..... ........ 104% x.d loll4xd
London &S.Writern ..100 ..... 65/6 61%x.d - 64%x.d
Manchehter.lluxton,and
Matlock 6 ...... 7" •
Midland _ .
...
Do., 50/. Shares ..... 30 •• ••• 51/4 5- ......... 5(4
Flirminft.. 6 0erct....100 ..... 1231/2. ........... 123/4
6.,'
North Staffordshire ... 171/+...... ~,,"4, ... 6%
Scottish Central
Shrewsbury and Bina.-
3113:
..................
18
i34."•.....1...g —lBd%is
Ditto ditto, Class B. S ••••••
v South
vlvßootho(ilierlaktur:a: ValleysDa,nnie,t t, r
71,4
per N.
Cent.l.\y4..
5100 ::::::: . : • • • • ...... . . 5; i
mouth 4
i)o.
N ell; ..e. ;,.8.:. 1 do.
P...a.
n.. Id.. :05 :.".: ..
..
32855%
............
...
: ..
37851/
Berwick.....
.... 8744
Do. Newcastle Exten. 20 ...... 83/4%.
134
Do. G.N.E.l'refercnce 8 ••• •••
York and North Midland 50 ...... - 17%
Ditto, Preference
FOREIGN RAILWA Yn.
Boulogne and Amiens 2O ••••••
Central of France (Or-
leans and Vierzon)._ 20 .... ..";23
Northern of France__ 16 . ....... i'473'"
Orleans and Bordeaux.. 7 --- " ..•...•• '' - 3
MINES.

Brazilian Imperial ...... 24T2. ..... ....... ::::.:: 731/2
Do. St. John Del Rey it • .... —5/1/Lz
United lexican 28% ...... 7Aq 4/2 7'!4
JOINT STOCK BAN Ka
Autralasia , 4O
...... .. ..... .......
,25
Tendon &5%
Weatminater. 20 ..... . --‘