The Sun.
London, England, 1845-12-24 00:00:00

MONEY and COMMERCIAL NE WS.
CITY, QUARTER To TRREE.
There was a fair business transacted in Cotton at Liver-
pool yesterday at firm and steady, prices. Sales, 4,000 bales,
all to the trade. The Share Market was very firm, with a
good demand for Grand Junctions.
Yesterday's sale, by Messrs. Lamond and Co., went off at
better prices, and much more business was done. In fact,
there were decided signs of improvement:—
Description. Paid Sold for.
Chepstow and Forest of Dean ... ••• 42s 1 6 6
Ditto ditto ... ... 1 6 6
Madrid and Valentia ... ... ... ... 2 1 1 0
Ditto ditto ... ... 1 1 0
Italian and Austrian ••• ... ••• 3 1 19 6
Buckinghamshire .. ... ••• ... ... 42s 2 2 0
Northampton, Banbury, & Cheltenham 2 2 3 0
East Dereham and Norwich ... ... 1 0 3 0
Boston, Newark, and Sheffield ... 2% 2 2 0
Northasepton,Banbury, and Chelt'ham. 2 2 2 6
Boston, Stamford, and Birmingham ... 22s 018 6
Ditto ditto ••• ... 0 18 6
Great N. and S. Wales and Worcester 1 0 10 0
Ditto ditto ... .. ... _ 0 9 6
Sheffield, Buxton. and Leek Potteries 1% 0 14 6
London and Manchester (Remington's) 2% 114 0
Ditto ditto ... ... ... _ 1 14 6
Over Yssel ... ... ••• ... ••• ... 83s 4d 2 3 6
Manchester, Midlands, and G. Grimsby 1% 1 9 6
Sheffield, Rotherham, Barnsley, &c. ... 2% 3 0 0
Manchester, Southampton, and Poole 2% 015 0
Boston, Stamford, and Birmingham ... 22s 018 0
Ditto ditto ... 018 0
Leicester and Birmingham ... ... ... 228 019 0
Manchest. and Rugby—via Macclesfield 42s 1 2 0
Surrey Grand Junction ... ... ... 1% 010 o
Ditto o 10 0
Tring, Reading, and Basingstoke ... 105 s 217 0
Somersetshire Midland ... ... —2% 115 0
1 13 6
Chester and Manchester ... ... ••• 42s 1 3 0
Ditto ••• •• ••• ••• 1 2 6
South Staffordshire ... ... ... 2% 30 0
Ditto ••• ••• •.. ••• 3 0 0
Essex and Suffolk ... ... ... ... 1% 017 0
Ditto ••• ••• ••• ••• 017 0
Worcester, Warwick, and Rugby ... 42s 1 3 0
Direct Northern ... ••• ••• ... 21% 115 0
Oxford, Witney, and Cheltenham ... 1% 017 0
Northampton, Bedford, and Cambridge 42a 1 3 0
N. Staffordshire, Churnet,and Potteries 42s 5 1 0
Ditto ditto ... 5 2 0
Birkenhead, Chester, Mold, Rhuabon, 2% 19 6
Ditto ditto ... 1 9 6
Ditto ditto ... 110 0
Great N. mad S. Wales and Worcester 1 0 10 0
Ditto ditto ... 0 9 6
North Staffordsh., Churnet & Potteries 42s 5 1 0
Boston, Stamford, and Birmingham ... 22s 018 0
Surrey Grand Junction ... ... ... 1% 09 6
Chester and Manchester ... ... ... 42s 1 2 6
Ditto ditto ... ... ••• 1 3 0
Staffordshire and Shropshire Junction 2% 115 0
Essex and Suffolk ••• ••• ••• ••• 13,1 016 6
Irish North Midland ... ... ... 1% 015 6
Southampton, Manchester, and Oxford 42s 1 0 0
Isle of Axholme, Gainsboro' & G001e... 2% 119 0
South and Midlands Junction .. ... 42s 1 4 0
Ditto ditto ... 1 4 0
East Dereham and Norwich ... ... 1 0 4 0
Great Grimsby, Louth. and Horncastle. 42s 110 6
Nottingham, V. of Belvoir, & Granthm. 1% 111 0
Ceylon ... ... . ... ... ... ... 53 013 0
Boston, Newark, and Sheffield ... —2% 2 2 6
Worcester, Herefd, Ross, and Gloucest. 42s 1 9 6
Lincoln & Wainfleet Haven and Boston 2% 1 8 0
Ditto ditto ... 1 7 6
London and York Extension ••• ... 2% 215 0
Louvain and Jemappes ... .. ... 4 119 0
1 19 0
London and Manchester (Rem.) ... 2% 114 6
Ditto ditto ... ..• •.. 1 14 6
Shropshire Mineral ... ... ... ... 42s 1 8 0
N. Staffordshire, Churnet, and Potteries 42s 5 2 0
Trent Valley, Midland, & Grand Junct. 42s 2 1 0
Ditto ditto ... 2 1 0
Manchester and Rugby Direct ... 42s 1 7 0
Ditto ditto ... ••• •• • 1 7 0
Great Western of Bengal ... ... ... 4 0 10 0
Calcutta and St. George's Point ... 7s 0 8 6
Ditto ditto ... 0 8 0
Bordeaux, Toulouse, Cette— Mackenzie 2 116 0
Rugby, Warwick, and Worcester ... 42s 1 3 0
London and York ... .. ... ... ... 2% 318 0
3 18 0
Dendro Valley ... ... ... ... ... 2 0 5 6
York and Lancaster ... ... ... ... 2% 112 0
Ditto ••• •• ••• 1 12 0
Worcester, Warwick, and Rugby .. 42s 1 4 0
Mauritius ... ... ... ... ... ... 1 012 0
Sheffield, Buxton, and Leek Potteries... Iy, 015 0
Direct London and Exeter ... ... ... 1% 0 5 0
Shropshire Union and Canal ... ... 42s 112 0
Somersetshire Midland ... ... 2% 112 0
Boston, Stamford, and Birnaingliant ... 225. 017 6
Sheffield, Buxton, and Leek Potteries 11-; ' 015 6
Hereford and Merthyr Tydvil ... ... 42s 015 6
Shropshire Minerals ••• ••• ••• 42s 110 0
Ditto
• • ••• ••• ••• ••• ••• 1 9 0
East Indian ••• ••• ••• ••• ••• 14 1 1 0
Ditto • ditto ••• ••• ••• 1 1 0
Boston, Stamford, and Birmingham 22s 017 6
Ditto ditto 0 17 6
Cambridge aid Lincoln ... . . ... 1% 3 0 0
Ditto ••• ••• ••• -- 8 0 0
Newry and Enniskillen ... ... ... 212 013 0
Dudley. Madely, Brosley, andl. Bridge 2% 2 0 6
Direct Norwich ... ... ... ... ... 1 0 5 0
Ditto ... ••• ••• ••• •• 0 5 0
Northampton, Bedford, and Cambridge 42s 1 4 0
Exeter, Dorchester, and Weym. Coast... 42s 019 6
Ditto ditto ... 0 19 6
Taw Vale Extension and Dock ... ... 2 1 5 0
Ditto ditto ... ... ... ... 1 5 0
Trent Valley. Midland, and Grand June. 42s 2 2 0
Ditto ditto ... 2 2 0
Manchester & Rugby—via Macclesfield 42s 1 7 6
Ditto ditto ••• 1 7 6
Rugby, Warwick, and Worcester ... 42s 1 3 0
South Union and Manchester Potteries 42s ] 7 0
Ditto ditto ••• 1 7 6
South and Midland ... ... ... ... 42s 1 4 6
1 5 0
Chester and Manchester ... —42 s 3 6
Birkenhead, Mold, and Rhuabon, &c. 2% 1 9 6
Ditto ditto ••• ..• ••• 1 9 6
Great N. and S. Wales and Worcester 1 010 0
Cambridge and Lincoln Extension ... 42s 1 2 6
Ditto ditto ... ... ... _ 1 2 6
After very mature consideration of the Message of the
President of the United States, especially as respects the re-
commendations of a modification in the tariff, in mercantile
circles the opinion is held that vast benefits must accrue to
the British trade with America if the proposed changes
are made. There is little or no dispute, that as
respects the Oregon dispute, the way is paved
by the President for its adjustment, by throwing
the onus directly upon the Legislature. And thus he will
keep friends with those who brought him into power, and
be enabled to plead a fair excuse for not going the " whole
hog" in recommending war with Great Britain. Thus
delicately does the President Polk shift the respon-
sibility as to the question of hostilities upon the
shoulders of Congress. It is worth while to bring this para-
graph prominently to notice. After recommending that
the twelve months' notice should be given to England for
the termination of the treaty of 1827, President Polk says :
" The recommendations which I have made as to the best
manner of securing our rights in Oregon are 9abtnitted to
Congress with great deference. Should they in their wisdom
devise any other mode better calculated to accomplish the
same object, it shall meet with my hearty concurrence."
That there are very remote ideas entertained of a war
with the United States is pretty apparent from the fact that
there is not a particle of speculation in saltpetre and other
warlike stores. At a large sale of saltpetre held this day,
there were no biders, all (about 3,000 bags) having been
bought in.
The accounts received in town to-day from the colonies
are not of the least interest.
The state of the markets for the Public Securities has been
very satisfactory this morning, an advance having occurred
of full 1% per cent., as compared with the lowest rates of
yesterday. Consols for the Account opened at 944, and they
have since advanced to 94% buyers, which is the price at
the present writing. Bank Stock has advanced 4 per cent.
on the lowest rate of yesterday; the Three-and-a-Quarter
per Cents, 1% per cent. ; and Exchequer-bills from 21s. to
235. premium.
A considerable increase of business is to be noticed in the
Foreign Funds this morning, and at advanced prices. Spanish
Consols have reached 30 ; Portuguese Converted, 61 for
the Account ; the Mexican, 31%; the Deferred, 18 ; Pe-
ruvian 41; the Spanish Three per Cents. have been at 40%;
the Chilian at 96; and Grenada Bonds at 211/, Altogether
the demand is good.
Great Western Railway Shares have advanced from 152 to
160, the Hull and Selby from 1004 to 102 and 103, and all
the other investments of this description, in which bargains
have been made to-day, are firm.

BRITISH FUNDS THIS DAY AT ONE O'CLOCK.
(From the Official List.)
Bank Stock 203 202 204
3 per Cent. Reduced Annuities 94z,141,4 95%
New 314 per Cent. Annuities ....
Long Annuities Expire sth Jan. 1869 lO 7-16 9-16
Do. 30 Years, Expire Oct. 10, 1859 lO 5-16
India Bonds 1,000/
Ditto under 1.0001
30
Consols for Account
Exchequer Bills. 1%1 11,4 d.
1,000/
5001. .
Ditto Small — .. .. 21 pm.
PRICE OF FOREIGN FUNDS AT ONE O'CLOCK.
Chilian Bonds, 6 per Cent . • 96
Ditto Deferred Stock ............. .. 53%
Granada, 1 per Cent • . ......... ... 21
Mexican Bonds, 1837,
5 per Cent
w
Ditto for the Account La%
Ditto Deferreu
Peruvian Bonds, 6 per Cent 4l
Portuguese 4 per Cents
Spanish Bonds, 5 per Cent, 1840 —
Ditto for the Account...
Ditto Passive Bonds

Ditto 3 -per Cent
Ditto for the Account. ..
Dividends on the above payable in London.
Dutch 21,! per Cents
Ditto 4 per Cent. Certificates .. 944
BUSINESS DONE IN RAILWAY SHARES AT ONE

O'CLOCK.
RAILWAYS. PAID. PER SHARE.
Aberdeen
Aberdeen, Banff, and Elgin... 2%.. ...... to
Armagh, Coleraine, Portrush 1% —
to —. Aylesbury and Thame ... 174 —
Belfast & County Down 2lA— .. ..... to
Bideford and Tavistock -
Birmingham and Gloucester 100
Ditto New Shares
Birmingham and Oxford
Junction
Birmingham and Leicester
Direct ...... 42s
..... . to
Boston, Stamford, and Birm. 22s .. - to
- *"
Bridgewater and Minehead... 425......
Bristol and Exeter
Ditto New ... 2
...... 7i% to
Bristol and Gloucester 3O
Bristol and Liverpool Junct. 2% to
Buckinghamshire... 421. ...... -- to -.,-
Caledonian
Ditto Extension
Cambrian Grand Junction ... 425. — to
Cambridge and Lincoln
Ditto,New ...
Cambridge and Oxford
Canterbury and Dover l6
..
~ „.... t.. .„ to
Central Kent
21istiet• --
0 , ... . 4..
1104gClaikilii 4144 1 ate •I• • • 41%.••... •..“. to