The Sun.
London, England, 1850-01-04 00:00:00

MONEY and COMMERCIAL NEWS.
CITY, QUARTER TO THREE.
The sales of Cotton at Liverpool yesterday were esti-
mated at 7,000 bales, of which 4,000 were taken on
speculation; including. about 6,000 American, 200 Per-
nambuco at,6d to bid, and 400 Surat at 4d to 4d perllb.
The market was flew, and prices of American were
generally t.d, higher.—Railway Shares were firm at
steady prices.
The Corn Market is steady at about Monday's prier e,
with a limited businesS doing.
In the Colonial Produce Markets the transactions
this week have been to a fair extent, and there have
been fuller: rates pad for Coffee, some descriptions of
Sugar, Tea, &c. Tallow has been rather dull, and Rice
not active.
The following are particulars of centracts for Tobai.co
taken by the French Government en the 20th ult:—
F. C.
2,360,000 lbs Virginia—average price 54 45 per 1001bs.
3,800,000 „ Maryland If 49 35 ~
4,480,000 „ Ditto 44 55 /7
800,000 „ Macedonia If 48 35 „
200,000 „ Greek 41 60
400,000 „ Ilavannah ff 124 95
200,000 „ Java 131 20
300,000 „ Brazil 86 0
300,000 „ Paraguay 131 0 111
In the Amsterdam Bourse, ou the 2d inst., Dutch
stock was rather flatter, and Peruvian better.
We hear nothing yet of the West India mail.
The Overland advises from India are favourable as
regards the demand fur imported goods at Bombay,
and higher prices were expected. Money was a little
wane r. At Calcutta business was quiet, but holders
were firm. The supply of bills on London, caving to
China drafts received, was fuller.
In commenting upon the prospects of railways, a
party connected with share dealings indulges rather
sanguine anticipations. lie states—
• At present we will confine ourselves simply and
briefly to the question now universally put—whether
railway property ought to be bought or sold at present
prices? We repeat, that those who have so far outlived
the tempest should hold on, and those who can should
immediately invest. And these are our reasons:—
" Ist. The worst feature—the incapacity and treachery
of directors—has been thoroughly exposed, and will be
rectified.
"2d. A perfect system of audit will now be insisted
upon, and the restoration of confidence will be the result.
"3d. An entire remodelling of the duties and respon-
sibilities of directors, applicable to the most perfect
control and development of the traffic, expenditure,
and finance, are now ineviable. The results
will be an end to the prodigality and
dishonesty of borrowing money upon the fictitious
83 stem of preference shares, of jobbing with trust
property in dealing in shares of other companies, a
well- developed traffic sheared of much useless expen-
diture, and a vigorous and enlightened management,
that can comprehend the wants and rights of the
public, as well al the interests of the shareholders.
"4th. The money market is now, .and is likely to
be for a long period to come, so redundantly supplied
with the precious metals, that in proportion
as the rate of interest rules low, so will
the value of public securities advance. Railway
debentures will be sought alter at a lower interest than
now paid, the saving upon which will of course be gain
to sherele lders.
"sth. The period since October, 1845, to the present
day has been one of competition amongst sellers, and
hence a continually rapid decline: the glut of money
must soon produce a competition with buyers, when the
contrary will be t►ae eff ca With Consols at 100 and a
continuous influx of geld, will railway shares remain at
their present depreciation? Certainly not."
The Funds have taken a further start again to-day,
Consuls having touched 974, though since back, upon a
large sale made by a leading broker, to 96i to 97. The
impression in some quarters appears to be that a good
deal of Stock will be delievered uu the first transfer-day,
and that this will have the effect of temporarily depress.
ing the market; but there is in favour of high prices the
excellent return of our export trade, analysed yesterday
under this head, and the expectation of a good revenue
A good deal of Bulthlg has no doubt been carried on,
but with money every day becoming cheaper, the ulti-
mate prospect is certainly favourable. The New Three.
and-a-Quarter per Cents. have been 981 and the
Three per Cents. 97 to 97i. Bank Stock is 2031 to
2043. Excht quer-bills have risen to 595. and 625.
premium.
In the Foreign Market there has been a good business
doing, and most of the Securities support full prices.
Stanish Three per Cents, have been 371, and the Five
pe r Cents. 19k. Portuguese Four per Cents. are 36i to
371-. Buenos Ayres have been 48 to 49. Grenada are
162; Peruvian, 623 to 64; and Mexican, 294 -a. Vene-
zuela have been 293 e Dutch Two-and• a-Ilalf per Cents.
are 551 11.
Railway Shares have been rather in favour, and fuller
quotations have been paid for North Stafford, Brighton,
and Boulogne and Amiens. North• Western and Great
Western have been steady, and Midland rather lower, as
well as York and North Midland. Caledonian are firm.

ONE -,,,t, , )1\ G
r .•.'4'.1,.",, or rIUTISII P. UN-Dz.+ O'CLOCK. PR:II"Es.
1/2
3ank Stock
3 per Cent.. Reduced Anus .. ... 97 973-9 %% 97 97,-,4
i' ow 314 per Cult. Anne...—. ... . sBsxal/s3/41,, 98%
Long Anne. to expire, .I an. 1860 ...... 8 9-16 81/2 8 9-16
Ditto, 30 years, Oct. 10,1859 ...... 8 5-16 8% 8
Consols for Account...-. 97 97111 96% 9'
4;xchenner Bills. 14d. & 2u
1,0001. Juno 59 62 p
500/. Juno
Smell. June
[TICE'S OF FOREIGN FUNDS.

3.OSEN
!PRICES
4914
73i/2
164
3%

ONE
O'CLOCR
Buenos Ayres Bonds, 6 per Cent.... 48% 49 45
Danish Bonds, 1825, 3 per Cent. .. 73%
Equador Bonds ...
Grenada Bonds, 1 per Cent.
Ditto Deferred
Mexican, 5 per Cent. 1846, with Coupons—..
Ditto, Ex Jan. Coupons ...
Ditto, Account 29%14 2114
Peruvian Bonds, 4 per Cent
Ditto. Account
63 613/4
Ditto Deferred
Portuguese 5 par Cents.
Ditto,4 per Cent.
Ditto, Account . 37 3714 36 L/9.
Spanish 5 per Cent. 1840
Ditto, Account
Ditto. 3 per Cent
Ditto, Account
Venezuela Bonds, 2 per Cent
Ditto, Deferred
9%
Dividends on the above payable in London.
i utch 2% per Cent., 12 Guild. .. 55%% 6534
Ditto. 4 per Cent. Certificates B6 86
Ditto, Account
PRICES OF LAID. 'BUSINESS DONE CLOSING
-
t:AILWAY SHARES. AT ONZ O'CLOCK. PRICES
bordeen 5O ......
Do. Preference
mber. Nott., Boston,
and Eastern Junction 63/4 ......
k.yrshire and Galloway.. 7% —
ielfast & County Down 28
Berks & Hants Extens.
(Gt. West. Per.s per ct.) 6
firininghans and Ox
fora Junct., calls duly
paid, cr with a guaran. 20
Do, without guarantee 20
ir-ining, Wolverh'ton,
and a ulley, calls duly
pa, or. with guarantee 10 .....
Do. without guarantee 10
Birnaing.,Wolverh'pton,
and Stour Valley 131. 14a ...
Birkenhead, Lancashire,
and Cheshire June 20
drietol and Exeter 92 ... ..
Ditto, Thirds
:uckinghanishire
Caledonian
Ditto, New 101. Pref... 10
Di tto,Clydesdale June 50

hesteranil I.lolyhead... 50
Ditto, Preference l5
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 BelfastJunc. 40 —

Dundalk & Enniskillen 30
P ast Anglian, 251., L. &
E. and L. and D...... 25
Do. 181., E. & IL ... 18
Do., 31. 103., Pref... 31/4 .....
Ditto, 71. 175., 7 per
Cent., Preference... 2 . ....
c."astem Counties........ 20
Do. New, Gua. 6 per ct. 10
Ditto,Extension, 5 per
Cent., No.l 61.13 e. 4d....
Ditto ditto, No. 2...61. 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 (6 per cent.) 20 ...
East Lancashire
Ditto, New
Ditto, New Quarters 614 ...... ..
Do., 6 per Cent. Pre-
ference Quarters ... 614 — ...
East Lincolnshire ...... 25
Edinburgh and Glasgow 50
Ditto, Half Shares ... 25 .. .. .......

Edinburgh and Northern 25 —
Ditto, Newport
Exeter.Yeovil, & Dorch 25,,a la l%
Exeter and Exmouth... 21s.
Glasgow, Dumfrios, and
Carlisle ....... ... -U. 6s. 8d.... ... .....
41asgow,Kilmar., & Ayr 50 ......
._
Do. Preference Consol.
Gloucester &DcanForest 11
reat Northern
Do., 42 A Deferred -
Do., %B 6 per Cent 7%. 4A.. ..........
Do., 5 per Cent. Pref 12% lO% ............
reat South. and West. ............ ,
(Ireland)
rsat North of England 100 ...... _

Ditto, Now, .... 40 ......
Ditto, ditto ..... 35 ...... ••• • •••
Ditto, New, 30/ 3O ......
Ditto. New,ls/... ..... 15 .. ......... ••••••
4reat Western ...........
..
100
Ditto, Shares ...... 50
••
Ditto, 14 Shares
Ditto, Fifths ..... ....... 20
Ditto, New 171...... 15 714 ..... ••••••
ilull and Selby
.... 50 082
Ditto, Half ... 25 •••••• .••••
Do. Quart.-:: Shares... 121,,i
Lineaster and Carlisle... 50 ...... ........
Ditto, Thirds
Laucahlaire & Yorkshireloo

Ditto, ditto
Ditto, ii/z Shares 49 ... •.
Do. Quarters
Do. Fifths . 10
Do. Thirds .. . 161,42..
Do. New Guarant:ed
F, Fer Cent..
Ditto (Huddersfield
and Shelf 1 SO
Do. (W. Riding Union) 10 ..... 3% 3.. .....
Do. (Preston & \\Tyre) 25
D 0.% Shares(A)... 10
Leeds and Bradford 5O lOO ..... 100
Leeds and Thiruk. 50
Do., Prefer., 6 per CL
Do., do. No. 2 71
Do., do. ...... No. 3 5
yo., Pref. Quar., 1818 9
Liverpool, Crosby and
Southport lO
London &Blackwall...ll/. 6s. 3d —
L)ndon, Brighton, end
South Coast... ..... 100
Do., New Si., guaran-
teed 6 per Cent 100
Do.Guarant. 5 per et.. 9
Do. Prefer. 5 per cent. 50
Ditto ditto-- 1852 50 ..

litlonandGreenwich 12/1584d 1014... ...... .... 101,‘
Ditto, Preferen,p .. . 20
L 'Tufo!, and N. Wectern 1(10 111,4 111 llOl/4
Ditto, New Quarters.. 12
IYt.to,lfiftii, ..... - 7N ',l's - 7*
Do.lo/..9bArris(L.lll.) 85
Do. 101. IM j& B.) C. 1 .....
Lond.&. S. Weit,rn .....100 ..... 61'1 61 6141 6141
Ditto, New 501. -
Do. New 401 34
Do., New Scrip, 1848,
Prof. 7 per Cent. ... 5
1.4 OW Il . r.' erry &Coleraine 25 -
Do. 1.4 Shares . .. 5 -
Londonderry and .Ennia-
killer) 25 ."••• •-
Do. lA, Shares 5
Lowestoft; guar. 4 per ct 20
Ditto (6 pear et.)
A.lanehedter,Buxton,and
Matlock
nunchester, Sheffield,
and Lincolnshire 100
Do. Quarters (No. 1) 25
Ditto ditto (No. 2)... 25
___ _ _..

Do. IA Shares (No. 3) 121/2 —
Do. New 101. Prof lO ...,.. 7;zi 8
Ditto, Gt. Grimsby ... 50 -•••• eeeeee

thtto ditto . ...-...... 20
Ditto ditto ... l2 th

Ditto Sheffield and -
Lincolnshire 25 . ••• -
Do., Grimsby Dock... 25 ..... . ••
Do., Manchester and
Lincoln Union..... 41.2 a. — --.
Midl tnd ....... ........ ...106 ..... 441 A 14 .....
Do. Consolidated Pref.loo -
Do., do., 501. Shares 30 ... .. 75/143/414 7N
Do. Birm., and Derby It 0
Do.Cont.k.ol. Bristol and
Bir ming., 6 per ct.... 100 125 ...... ..... .. 124
Ditto,Brist. & Glocstr. 42 -
Ditto ditto .... ...... 22/. 75...... -
Do.,ErewasliVal.,Pref. 50
Ditto, Lei€est.& Swan-
nington, 8 per ct.guar.loo --
Midland Great Western
Irish -
Middiesbro' and Itedcar,
6 per cent. guar. -
Newcastle and Carlisle.loo -
Do. Quarters
N,wraarket ...... ..... . 23
.... ---
Do. Extension -
ewpf,t, Abergavenny,
End ller&ord ...

Ntwry and Enniskillen 7
Newry, Warrenpoint,
and Rostrevor
N:•;ioll: .....••••••• 100
Do. n.:•s' 1:01. ... l5
Do. Guaranteed 5 p ct. 20
Do. Guaranteed 51/2 pc. 5
Do: do. Waveuey Val. 2
N ~rtb ern Counties Union 4 ......
North British ........ ... 25 .••• •
Ditto, Halves ..
Ditto, Quarters
D;tto, Thirds .... .. .. bi .... VA.....
Ditto Preference
ortb. Staffordshire ... 171 rt 7% N
North Wales .
North- Wes tern . 13% — ..., ...,
~,Npvrd, Worcester, and
Wolverhampton ...... 50
Leading, Guildford, and
Reigate
11ey b ton and Ilitchin
:3cottizn. Central

Scottish Midland
Ditto, New
z.brewiAbuly ano:Birre l2
Ditto ditto, Class B. 8
Ditto, New Guaranteed 8
hr:Lw.bury and Herald. b ......
Shrewsbury & Chester
(Nor. W. Min.) lB
•••
Ditto Halves ... ditto 9 ......
Ditto Oswestry ...... 18% — •
Ditto New
Do. 8 per Cent. Pref lO
31.iropshire Union
.u,uth Devon
Do. Preference
Eo,:th Staffordshire B% --
a th
Eastera
Do., No.
Do., No. 3 .............30
Do., Registered No. 4 10
Do,. Scrip No 4
St.uth. wale;
outb t ornehire, Don-
raster, and Goole
zhgfield, Rotherham, &
Goole (N. Div.) Gua-
ranteed 5 per cent. ... 16% —
Do. do (Sou. Div.) ... 5 •-•
wan s. & Loughor Rea-
moron's Stm. 7 •
raw Vale Extension ... 8
['fames Haven Dock
and Railway ..... 17%
Irale of Neath ...... 10
N atarford and Kilkenny 20
Waterford and Limerick 47% .... •••
Natorfd,Wxfrd,Wichlw
and Dublin
Wear Valley 6 per Cent.
Guaranteed ..
Do. do. do. ... 25
Do. do. d 0.... 15
1v est Cornwall ..... ... 6 ...
hitehaven & Furness 18

A indsor, Staines, and
South Western ..... 14 ......
A ilts,Somerst.t,& \V ey--
mouth
ork, Newc.mle, ana

1 -
Berwick. .. .
Do. Newcastle Eaten. 10
Do. G.N.E.Preterence 8 .•• "
L:0. Hartlepool Dock
/0
end Railway .. 100 - ....... ••• 11
York an:i _Nunn Midland 5e ..- 17% .. ..... -- •' ,1
• Preterence ...... 10
FOREIGN RAILWAYb.
454Ei Italian (late ha- /
Han and Austrian). ... 51/2......
~:oetlogne aid Amiens,,. 20 -
15
Central of Futnce (Or-
leans and Vierzou)... 20
Demerara l7l/2••••••
Dutch R•ll2nioh ......... 8 ••• ••
Ee.,,t Indian B4 - ... /
Ditto ... .... ... 2O
Great Indian Peninsular 5 ...... /
Do. Do. ... .....10s.
Louvain A, la Sambre ..• 711 i
/
Luxembourg
Ditto N. /
10
Madrid and Valentia... 2
'
Namur and Liege ...... 20
... .. 7 .. ............
Northern of France...... 14/. 85... I%;dis
Orleans and Bordeaux.. 7
..... .. ••• /
Paris and Orleans
Paris and:Rouen 2O
...... ...... ..... •••••"-
Paris and Strasbourg
Rouen and:Havre
Sambre and Meuse 2O "-- ..... /
•...... ••• ..
Strasbourg and Basle
Tours and Nantes l3 ...... --
Tournay, Jurbise, Lau-
/
' den and Hassell ...... 20
West Flanders 8%•• ••• ...............
MINES. /
Anglo-Mexican
Asturian Mining Com— /15
2845. ......
....
..........
/
BAaussstoraraliauna.n..g..c.,......... .. ......
.... ..... ..• •• /
Blaenarvon Iron & Coal 50 -• ...... •••••••,.. /
Bolonos Scrip ...... .... —•••-•
British Iron
Brazilian Imperial - ..• It
BrazilianCocaes& oCuiaba 30 ......
Do. St. John Del Rey 15
Cobre Copper
General 2O
........ . .....
Real Del Monte, U --/
nreg. 52 ... ...........
Do. Black Debentures — ... ...... /
Do. Red Ditto ... .....
Santiago de Cuba lO
United Mexican
JOINT STOOL BANS& /
Australasia
•• ....• ••• /
British North American 50
••• /
...... •-• . .... ....
Colonial
e.: o i ndi n Ito noe r
Ns
,c
Jointi
ea Iwl
v. oe. ,
Stock
tt. i
nino:
..k. Londonsi.t.er!
.:
2122100005
.............
11
...............
17%....... ...... /
LondonLoDn
• .. /
/
National Prov. England. 35
•• ••• .........
LL -

'O `YD'S SHIPPING—(THIS O'
hoes°
o/
LONDON, JAN. 4.—Wind Westerly, light, --
fine.
id
DEAL, JAN. 3.—Wind S.W.—Arrd. Isabel's-40o'
Newcastle for the Cape; Cecilia, Garret, - old
Flora, River St. Lawrence. Arrd. from 0100'
Favourite, Alexander, Port Philip. Arrived
River andsailed, Louisa, Carpenter, Lima. ot'
GLOUCESTER. Arrd. Yorkshire Lass, -
Richebucto.

Orr DUBLlN.—Rajasthan, for the Clyde. t cl
Orr THE LIZARD.—Susan, Crisp, MORtier"-.CIO '
OFF THE WIGHT, JAN. 2.—Arrd. lini:11,010:11
Manilla, with main and cross jack yards carrter $
And boats and part of bulwarks gone, and quo 1,)
ries atove, having experienced severe weather. verfit
LIVERPOOL, JAN. 3.—The Hyperion, from -",„. ~o
cer,n ittsmonuslooTreoNam,
oJnAgNs.t3th.—e
put into Pernambuco leaky, and was dischargiNoV,l)
to to t
'ard. fiCtii
FALMOUTH, JAN. 3.—Wind 117.—„Arrd• 2-Vil
Young, Demerara. The Bilton, Haver nab, tf jell
TroheeksE, twoast mKielen:, (34'1111°'
put in yesterday leaky, &c. The PHA, Cadiz to f
,;
was spoken 19th ult. leaky. „, Arabs'
PLIMO.UTII, JAN. 3 —Wind calm.---Arru• : l
11.1.' 0, London, for Adelaide, South Atletr6llll; if
,er Nl.q_jesty's ahip Contest, Afiiea. The Oebroler' i
JuiFcy, f.:11 over to-day, and is Mail g much :1 P
HARWICH, JAN. 3.—The Fairy, of Liverr '