The Sun.
London, England, 1850-01-08 00:00:00

MONEY and COMMERCIAL NEWS.
CITY, QUARTER TO THREJL
The sales of Cotton at Liverpool yesterday were esti-
mated at 6,000 bales, including 2,003 taken on specula-
tion, and compried 5,000 American, 200 Pernam and
Maranham, at 6dld. to bid ; 150 Bahia, at 641 to 60.;
100 Egyptian, at 6id. to 7td.; 300 Surat, at 4i. to 41(1.;
and 30 Sea Island at 111 d. to is. per lb.—Railway
Shares were dull at previous rates.
Speculation in produce is being prosecuted rather
actively, and as all such operations must depend for
success upon the extent of the supplies on hand, and the
anticipated crops, authentic information is indispen-
sable. The public at large also are interested in this
matter, as an undue enhancement of prices is prejudicial
to the consumer. The following particulars of the
growth, consumption, &c., of coffee, as furnished by
Messrs. Carey and Browne, have evidently been
collected with much care. " Coffee," they
" remelt," has at length taken the position which, on
more than one occasion, we have ventured to predict
must eventually result from the neglected and depressed
state into which it had fallen, its long protraction ren-
dering the reaction the more certain, and in its extent
the more important and permanent; as unlike most
other merchandise, the supply of which can be operated
on by the fluctuations from year to year, no material ad-
vance in the production of this article can be effected
by increased cultivation within three or four years; the
rise that took place from the end of 1830,
also followed a period of great depression, during
which the want of encouragement for renewing
old plants, occasioned a gradual deficiency
of imports, as compared with the demand;
but at this time production was on a much
more limited seals, and the power of consumption
was only beginning to be developed; the advance in
1836, and stiff rates ruling for several years following.
stimulated a greatly extended cultivation, which, after
the effects thereof began to be developed by declining
quotations on the continent, was further encouraged by
the comparatively high prices that continued to be
maintained for British sorts in this country.
owing to the deficiency in our home supply.
as also for foreign imported through the Cape of tiood
Hope and our East India possessions up to 1840; the
equalisation of the duty on East and West Innis, of
British growth, likewise promoting the improvement in
Ceylon, that has led to our present large import from
hence, viz., about 16,000 tons; whereas in 1835, woes
the reduction was made, our receipts were only about
100 tons; a great advance in the general production
being tus influenced, the supplies to Europe were
heavy, and with accumulating stocks prices gave way.
and from 1842 to the early part of the present year.
mostly ruled very low, standard quality of Java tit
Holland from 22 cents. to 17 cents., which was tha quo-
tation towards the end of 1848; but consumption in the
meantime was also rapidly progressing, more especially
in the United States, and notwithstanding the enormous
crops in the Braids (the most important producing
country), no marked increase in the European Stocks
was shown after 1844, the comparisons of each succeed'
ing year making it evident that consumption was bl
degrees gaining on production; a diminution ea
considerable as that which was shown in the
yield of both Java and the Brazils in the
past season, therefore, soon made an impression on the
stocks; and as from tolerably well authenticated r
ports, the crops now coming forward from these place'
will exhibit a still greater deficiency, very general into
rest has been imparted to the article, and extensive
operations have kept prices almost continually advane'
ing since the middle of the year, and although the rte
.°
has of late been more rapid and considerable than IP'
most sanguine could have anticipated, from the re'
markable position in which the article is placed, its er
hanced value appears to be fully established, for with •
consumption, by the most moderate computatioo:
amounting to 250,000 tons, and a probable stock of shoal
50,000 tons, in the leading ports of Europe at the eblee
of the year, the coming season's exports from the PO.
duciug countries, according to the highest estimate'
cannot be taken at above 210,000 tons; the no incoa,
siderable quantity of old Coffee that had been left ()To
in the Brazils being also taking into consideration. P 6
that there appears to be every probability that nest
year the stocks will become much reduced, and little
chance 'of a permanent decline from present rates'
s
which, however, are in a great measure in anticipstiao
thereof ; and although the decreased production is.
doubt, in part, the effect of unfavourable seasons, it,:
pretty well understood, at least as regards Java, to "•
chiefly owing to the decay of old trees, which, by re's:
son of the long continuance of unremunerating rati„
there has not been inclination or means to replenish 94
fresh planting; should this prove the case, a still,
fIP
ther advance may be looked forward to, and a lot% ri
riod may elapse before any decided reaction ensues. 4
Neither the steamer from New York, nor that frvoi
the West Indies has yet arrived. The former is
fairly due.
The Belgian papers contain no news of interest. of
At the Colonial Bank meeting just held, the profits
the halt year were stated at 13,0001., the bad debta!,e
being greater than anticipated. A dividend of 1 r
cent. for the six months was declared.
ir
Yesterday afternoon the National Debt Caliph,
sioners had an interview with the Chancellor of •
Exchequer, and the impression becomes stronger tbr.,o,
financi 1 operation of importance is contemplated by u
veroment. With a good surplus income, such ill
the retrenchment stated to have been accomplished o
give the Chancellor, there is every reason to believe th
an arrangement might be made for the creation of I:0
minable annuities, which, although they "would incre
the present burden of interest, would prove of
relict hereafter, and counterbalance the injurious too
tion made to the debt within the last year or trio
account of Ireland.
The Funds have opened higher again, Consols wemet
97 to j for Transfer, and 974 to 4 for Account. .716/
present value is 974 Bank Stock has risen 1.716/
and and 2071; and the New Three-and a-Quarter pert/9-„v0
have touched 994 4. Exchequer-bills have been 601.0,
635. premiem, a rise of Is.; and India Bonds are ja
' dsarer viz., 98a. There have been several bargains.
South Sea Annuities. ie
f
p
In the Foreign Market prices are advancing. Plane
vian have reached 62 and 621; Mexican have been th;;00
at 294 and 291; Buenos Ayres are 484; end
New 87. Spanish Five per Cents. have been ollt°of
/
194 4, and the Three per Cents. 374. Portuguese 4'OlM
per Cents. are about 36 to 37. French Five per
‘a
have been marked 94, with the exchange at 21
Dutch Two•and-a Half per Cents. have been 551 Laid
Business in the Share Market is exceedingly dulls
prices are much the same.

Lir"
ONE ' leis,
P C
. r 4t.Ttn., USW. O'CLOCK. P,- 8
20 it
,ank Stock
3 per Cent. Reduced Anns 97 % ,/ S
pe, Cont. Consols Annuities
3 per Cent. Annuities,l726 95% 991
q .< j'At per Cent. Anna..... 98% ON
L ,ng Anna. to expire, J an. 1860
Ditto, 30 years, Oct. 10, 1859
Ditto 30 years, Jan. 5, 1860. B% ....,
India Stock 9O
India Bonds ,1,01x)1. ...... 95 98 p 1,
iitto under 1,000/... ........... 95 93 p ••• 4
South Sea Stock
~•0/
Ditto Old Annuities
Ditto New Annuities ......
3 per Cent. Annuities, 1751 ...
ou,ols .or Account 97104

,Lequer Bilk. 1%6.-lic 2d 60!
1,0001. June 62 63 60 p 61'
Small. June 59 62 p isi-P)
PRICES OF FOREIGN FU.N.UIS. CC
,
(E 10 J
TO
O'CLOCK. ..,

Brazilian Bonds —
Ditto, Small
Ditto, New, 1829 and 1839 - tit
Ditto, Account
Buenos Ayres Bonds, 6 ner Cent 4Bl‘ be
Ditto, Account
-,,,
Danish Bonds, 1825,3 per Cent .. 10°7

41'
Ditto 5 Der Cent. ...
Grenada Bonds, 1 per Cent.
vitix.it;itri, 5 per Cent. 1846, with Coupons— 0
Ditto, Ex Jan. Coupons —5),
Ditto, Account
Peruvian Bonds, 4 per Cent
62
Ditto. Account
Ditto Deferred
Portuguese o per Cents.
Ditto, 4 per Cent.
Ditto, Account .
pw,ir_li 5 Her Cent. 1840 — 191
Ditto, Account
.. . __.

Ditto. 3 per Cent

-
Ditto. Account ••• •• ••• • '. ,
9ividends on the above payable in London.
French Rentes, 5 per Cent 94f. 94f;' 40e,'
Exchange
1 I utch 29E per Cent., 12 Guild. .. 65%.% ",
,ia
Ditto. ,C. per Cent. Certificate? —
of, eVo
1 ItICES OF BUSINESS DONE ,--iij°C,
tAILWAY SHARES. PAID* AT ONE O'CLOCK. •—....10,
berdeen 5O —
Do. Preference
tuber. Nott., Boston, /
end Eastern Junction 0/4--
.yrshire and Galloway.. 71/2
r eltast & County Down 28
Berks & Hants Extens. /
(Ut.West. Per.s per ct.) 6
Birmingham and Ox
ford Juliet, calls duly /
paid, or with a guaran. 20
Do, withoutguarantee 20
:,rming, Wolverh'ton,
and': idley, calls duly /
pd, cr with guarantee 10 .....
Do. withoutguarantee 10
B i r ming., W olverh'pton, /
and Stour Va11ey...... 131. 14s
Birkenhead Lancashire, /
and Cheshire June.... 20
Bristol and Exeter...... 92 ..•—•
Ditto, Thirds ... ..... 281
Suckinghamshire
. 107
Caledonian ...... ...... 50
Ditto, New M. Pref... 10
Ditto,Clydesdale June 50
:Allister and Holyhead... 50
Ditto, Preference ls
Clarence
Do. Ist Class, 6 per Ct. 10
Do. 2d Class, 5 per Ct. 10
Do. Government Loan, /
4 per Cent.
Direct London'& Ports- /
mouth
Dublin and Belfast June. 40

Dundalk & Enniskillen 30
14
szt Anglian, 25/., L. &
E. and L. and D...... 25
Do. 181., E. & H.... 18
Do., 3/. 108., Pref... 3% _ -- ........... ...•
Ditto, 71. 175., 7 per /
Cent., Preference... 2 .
Eastern Counties... ... 20
Do. New, Gun 6 per ct. 10
Ditto,Extension, 5 per
Cent., No.l 6/.135. 4d.... _ .0
Ditto ditto, No. 2...61. 13s. 4d... ...............
Do. North. & Eastern, ~
6 per Cent.
Ditty.s per Cent s°so ......
.".
'.
.............
•• ....e. ........

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p...........•