The Sun.
London, England, 1850-01-05 00:00:00

MONEY and COMMERCIAL NEWS.
CITY, QUARTER TO THREE.

The Cotton Market at Liverpool yesterday was very
quiet, the sales being only 4,000 bales.—ln Railway
Shares a fair business was done without alteration in

prices.
The Bank of England weekly return to the 29th ult.
is of a different character to some of its predecessors.
The circulation was larger, owing to the increased ad-
vances upon other securities, or more probably the pur-
chases of stock by the Bank, and this has likewise in-
fluenced the amount of the reserve of unemployed notes.
The bullion is less, either from the like cause or from
exports to the Continent, but we yet expect a further
augmentation. The public deposits increased again.
Compared with the previous week the following results
are shown:—
Notes Issued
Decrease
Rest ...

... 30,235,310

... 46,320
... 3,119,800
... 5,641
... 10,559,491
... 295,787
... 9,364,105
... 124,475
... 1,021,951
••• 47.283
No alteration.
.. 11,478,064
... 617,499
... 12,011,550

Increase ... ...
Public Deposits
Increase ...
Other Deposits ...
Decrease ...
Seven Day and other Bills
Decrease ...
Government Securities ..
Other Securities ... ...
Increase ... ...
Notes ••• •••

Decrease . . 469,670
Bullion ... ... 17,016,163
Decrease ... ..• 64,479
Active Circulation ... 18,226,760
Increase ... ..• ••• 423,350
There was a slight decline yesterday afternoon in the
rates at which bills of exchange were negotiated on the
principal continental cities. Paper at 90 days was taken
at 12 2 to 2i on Amsterdam, at 25 65 to 671 on Ant-
werp, at 13 1 l to 12 on Hamburgh, at 25 60 to 65 on
Paris, at 122 on Frankfort, and 11 20 to 25 on Trieste.
The exports of bullion from London during the week,
to Thursday last, were confined to silver, amounting to
248,300 ounces to France, Belgium, and Holland.
The accounts from the manufacturing districts are
to-day again satisfactory.
The Funds have been rather below yesterday's range,
but are not weak. Consols have realised 964 to 97, and
are now 964 Bank Stock is worth 204 to 204,1. The
New Three-and-a-Quarter per Cents. have been 981 I.
Exchequer-bills maintain the premium of 595. and 625.
In the Foreign Stock Market there are no particular
changes. Peruvian Bonds have been flatter, however,
at 61 to 61k ; Mexican were 29 to 29i. Equador
brought 34 ; Buenos Ayres, 48k ; and Brazilian 881.
Nothing has been done in Spanish or Portuguese. Dutch
Two-and• a-Halt per Cents. have been 56.
A London share agent, in giving his views upon the
Railway Market, states:—" Now we see nothing in the
present condition of railway property that is not capable
of considerable improvment ; there is no cause for its
depreciation, that may not be effectually and promptly
removed. To the practical measures necessary for the
resuscitation of railway interests we shall separately
refer. The point we here insist upon is, that railway
property has been most unduly and ridiculously depre-
ciated. Then referring to the Caledonian line and its
traffic and prospects, though, of course, we leave people
to receive the opinion for what it is worth, he says that
the receipts to Dec. 17 show an increase on the total
traffic of twenty-five weeks at the rate of 36 per cent.,
and an increase on the mileage of 20k per cent.
"So thea with this enormously and progressively
increasing traffic, with the moral certainty of the
guaranteed claims being an reduced, with the line
and works in perfect and substantial repair, with
an additional increase in the mineral traffic alone
next year of 20,0001.; and with a general saving
in salaries, expenditure for small stores and working
charges, as stated in the reports of the engineer—with
all these advantages the shares of this company, upon
which a dividend of 3 per cent. was paid last year, for-
sooth are at 78 per cent. discount. And why? Because
the directors, who are about to be replaced by more
efficient men, have been detected in acting with decep-
tion towards their shareholders; and because certain
anonymous scribes have thought proper to send adver-
tisements to different papers decrying the line as in a
state of bankruptcy."
The Railway Share Market looks tolerably well again
this morning, and there is atair business doing.
ONE G
ca, •ILITItSti O'CLOCK.
dank Stock
3 per Cent. Reduced Arns 97% 96'Xi 971
New 31% per Cent. Ann 5......
Long Anne. to expire Jan.lB6o -16 8% 8 9-16
Ditto, 30 years, Oct. 10.1859 8 5-16 8% BAi
India Stock

India Bonds, 1,0004 ....... ........... p
Consols for Account
Exchequer Bills. 114 d. & 2d
1,0001. June
500/. June 62 p 62 p
Small. June 59 p 59 p
PRICES OF FOREIGN FUNDS. oNE ;;Losiz 0
O'CLOCK. TRIC F.s
Brazilian Bonds 86% 883/2
Ditto, New, 1829 and 1839
Buenos Ayres Bonds, 6 per Cent 481,E 48%
Equador Bonds
Grenada Bonds, 1 per Cent.
Ditto Deferred
Mexican, 5 per Cent. 1846, with Coupons—
Ditto, Ex Jan. Coupons ... —
Ditto, Account 2914 29 2 )
Peruvian Bonds, 4 per Cent
Ditto. Account
Portuguese h per Cents.
Ditto, 4 per Cent.
Ditto, Account.... 37 37% 36%
sDhnle;il 5 INT Cent. 1840
Venezuela Bonds, 21/i per Cent
Ditto, Deferred ... g'A 9
Dividends on the above payable in London.
Dutch 2% per Cent., 12 Guild. .. 56 55 Z.,,,
Ditto, I per Cent. Certificates... 85% 85%
PRICES OF rAID. .BUSINESS DONE CLOSI N.
RAILWAY SHARES. AT ONE O'CLOCK. PRICES
=•berdeen 5O
Do. Preference
P.mber, Nott., Boston,
and Eastern Junction 63/4
xyrshirs an,i Galloway.. 71/2
itelfast & County Down 28 ......
Berks & Hants Extens.
(Gt. West. Per. 5 per ct.) 6
Birmingham am. Ox-
f. )rd J unct., calls duly
paid, or with a guaran. 20
Do, without guaranteo 20
!Arming, Wolverh'ton,
and Dudley, calls duly
pd, or with guarantee 10
Do. without guarantee 10
Birming.,Wolverh'pton,
and Stour Valley 131. 14s ...
Birkenhead' Lancashire, .. .
anti Cheshire Junc.... 20
Bristol and Exeter 92 ... ..
Ditto, Thirds ..-
Buckinghamshire
Caledonian
Ditto, New 10/. Pref... 10
Ditto,Clydesdale June 50
baster and Holyhead... 50
Ditto, Preference l5 ......
Clarence
Do. Ist Class, 6 per Ct. 10
Do. 2d Cless, 5 per Ct. 10
Do. Government Loan,
4 per Cent.
Direct London & Ports-
mouth
Dublin and Belfast Junc. 40 —
Dundalk & Enniskillen 30
- ast Anglian, 25/., L. &
E. and L. and D...... 25
Do. 18/., E. & H..- 18

Do., 31. 10s., Pref 3%
Ditto, 71. 175,, 7 per
Cent., Preference 2 . ....
Eastern Counties...
Do. New, Gua.6 peret lO 000000
••
Ditto,Extension, 5 per
Cent., No.l 61.138. 4d.... 34 p
Ditto ditto, No. 2...6/. 13s. 4d...
Do. North. & Eastern,
6 per Cent.
Ditto. 5 per Cent 5O
Do. New .......... 43
Eastern Union, Class A
(late E. U. Shares) 25
Ditto, Class A, ditto... 6
Do., Class B & C ...... 25
Do. Scri (6per cent.) 20
East Lancashire
Ditto, New
Ditto, New Quarters 614 ......
Do., 6 per Cent. Pre-
ference
Quarters ...
East Lincolnshire ...... 25
Edinburgh and Glasgow 50
Ditto, Half Shares ... 25 .. .......
Edinburgh and Northern 25
Ditto, Newport l5 .•
Exeter.Yeovil. & Dorch 2sm ......
Exeter and Exmouth 215....... ...
Glasgow, Dumfries, and
Carlisle
& Ayr 50
Do. Preference Consol.
Gloucester & Dean Forest 11
Ureat Northern
Do., 1/2 A Deferred
Do., 1/2 B 6 per Cent Pri
Do., 5 per Cent. Pref. 12% —
reat South. and West.

(Ireland) ... SO ...•• --
Great North of England 100 ...-.
Ditto, New, 401 4O
Ditto, ditto
Ditto, New, 301......••• 30
Ditto, New ,15/ l5 .• ..
Great Western 100 ......
Ditto, 1,4 Shares 5O ...... ...
Ditto, 14 Shares
Ditto, Fifths ..... -..... 20
•••
Ditto, New 171.- ..... 15 ... . ....
.... -....
Hull and Selby
Ditto, Half Shares
...
Do. Quarter Shares 121,4 —

Lancaster and Carlisle 50 ...... .... ...
.....
Ditto, Thirds
Lancashire & Yorkshireloo
Ditto, ditto .
Ditto, 1,4 Shares ...... 49 ... ..
Do. Quarters ......... 231 — .. .. .........
Do. Fifths...
Do. Thirds ....... ....... 164 — ........... ...
Do. New Guaranteed
6! er Cent. ..... ..... 10
Ditto (Huddersfield
and Sheff.) 5O
•• ... ......
••
Do. (W. Riding Union) 10
Do. (Preston & Wyre) 25
Do. % Shares ( A)... 10
-- ......
•••
Leeds and Bradtord 5O ......100 991/2
Leeds and Thirsk ...... 50
Do., Prefer., 6 per CL 31,x ... ..
Do.. do. No .2 71,42 .
Do., do. No. 3 5 . ... ... ........ ..
Du., Pref. Quar , 1843 9 ..
Liverpool, Crosby and
MONO. ...... io
_ ..... ~. ...
... ...... .........