The Sun.
London, England, 1844-01-20 00:00:00

MONE Y AND COMMERCIAL NEWS

CITY, FRIDAY EVENING.

The Consol Market did not close quite so well this afternoon,
the quotation being 961 for Money and Time. Reduced Thrue-
and-a-Half per Cents. touched 103. Bank Stock remained
firm at lfft.
Spanish Bonds continued rather dull, but were at about
previous rates. The Passive brought 51i, and the Three per
Cents. 304 ; Chilian touched 102, and Brazilian Old Stock
77 to 77i ; French Three per Cents. were 82f. 75c. to 83c. ;
Dutch Frye per Cents. rose to 1001.
The additional transactions in Railway Shares have been
these :—Bristol and Exeter were 4, Great North of England
14k, Brighton Blackwall 10/, Greenwich 7i, and South
Eastern 141 to 1 discount. Edinburgh and Glasgow 9, Great
Western, Half, 19i, Hull and Selby 7, Birmingham 1421,
Croydon 2, South Western 32h, Croydon Scrip si, Northern
and Eastern 81, and York and North Midland 7f to 70i
premium. Australasia Bank Shares were 54, London Joint-
Stock 2i, and Union of Australia 21 premium.
The rates far bills of exchange were rather flat again for all
the principal flantinental cities.
(From The Sun of Last Night.)
There was a steady demand for Cotton in the Liverpool
market yesterday, at previous rates, but the market had rather
a dull aspect. Speculators took 2,000 bales, and altogether
8,000 bales were sold.—There was an improved demand for
Railway Shares. Eastern Counties were 110 i ; Grand Junc-
tion, Halves, 116 i ; Birmingham, 240%; Ditto, New Thirds,
42; Brighton, 44; North Midland, Thirds, 30% ; Paris and
Rouen, 32%; Paris and Lyon, 21. 19s. 3d. ; Paris and Or-
leans, 33k.
The condition of the Cotton market in the United States is
a matter of much interest on this side of the water. We have
received a table showing the value of the export of this staple
for about ten years; and it appears that the lowest estimate in
the period stated was that of 1542 and 1843.
" The table exhibits a great regularity in the consumption
in bales at home, and in the exports to Europe, but the in-
crease of actual quantity does not appear visible. The con-
tinual increase in the size of the bales, from year to year,
shows the additional number of pounds consumed. For only
two years has the y:eld of cotton exceeded two millions of bales,
in 1839-40, and in 1842-3. The past season has, without
any very important exception, been very unfavourable in all
parts of the country for a great crop; it has not been
propitious enough to produce an average yield. The season
opened very late and closed very early, and the harvesting has
been attended with many unfavourable circumstances. In
several sections continual rains prevented the gathering of what
little the previous weather suffered to mature. In some dis•
tricts a fair average quantity was raised, but we have not heard
of a singlq section where the crop was over abundant. The
season that produced 2,378,875 bales of cotton in this country
was early and late, and without a solitary unfavourable event
to injure the plant from first to last. It was one of those for-
tunate seasons, as regards length and quality of weather, that
seldom occur in any country, and which must again be expe-
rienced in this before we can raise a like quantity of produce.
" There is very little cotton going forward from any port of
this country. Prices in Liverpool, from last accounts, ranged
considerably lower than the quotations that rule in any market
on this side."
Some private letters received from Athens by merchants
in the City, represent that plots were in embryo to bring
about the ancient order of misrule. King Otho has been
soured in temper by the late movements, and would, if he
dared, have vengeance against the plotters of the recent peace-
able revolt.
There are not colonial arrivals in the City to-day. The
foreign arrivals possess but little interest. In fact, public
attention is almost exclusively directed to the State trials in
Dublin.
A firm market has ruled for Consols to-day. The Commis.
sioners bought about 20,0001., partly on account of the Savings'
Banks, and partly far the redemption of debt. For Money
Stock, and for time bargains as well, the price has been 97.
Bank Stock continues to advance-191 has been obtained to-
day, a rise within a month of full 8 per cent. The
opinion is becoming very general, that the terms
upon which the Government intends to renew the
Bank Charter are all but arranged. India Stock too,
has been on the rise. From 273 the price has been en-
hanced to 275. The New Three- and-a-Half per Cents. have
been quoted at 102, and the Reduced Stock, bearing the same
interest, at 1021 1. The premium upon Exchequer Bills has
fallen to 655., and India Bonds are heavy at a reduction to 795.
premium.
The Northern Bonds still command a ready sale. For
Austrian 1131 have been paid to-day, and for Danish
Three per Cents., 87. The Portuguese Converted have risen
from 45i to 454. Spanish Actives wore worth 22* g; and
the Three per Cents. 3011. For Dutch Bonds rather ad-
vanced prices have bean paid to-day. Mexican Bonds have
advanced a trifle, the present price is 3276.
London and Birmingham Railway Quarter Shares have ad-
vanced to 27i prem.; Manchester and Leeds to 32 prem. ; and
most of the Shares of the principal lines have rallied. Austra-
lian Bank are at 5 to 6 premium ; and Provincial Bank of
Ireland at 16 premium ex-dividend.
PRICE OF IRISH STOCKS, JAN. 16.
Three per Cent. Consols.... 96V3
Three and a Half Stock lola
Ditto New, 1830 lOl/4
3i per Cent. Debentures
Grand Canal Debs. 6 per Cent
MANCsIKSTEI'. STOCK EXCHANGE, JAN. I 8 —'There is
more disposition to do business in Railway Stock, and prices
have rather a tendency upwards. Our quotations are : —Man-
chester and Birmingham, 381 ; Lancaster and Preston,
Three Quarter Shares, 241 ; Dublin arid Drogheda, 56i ;
South Eastern, 35i ; astern Counties, Five per Cents., 15s.
prem. ; Manchester and Sheffield Water-works, 55k.
CLOSING PRICES.
BRITISH FUNDS.
B ink Stock l9O India Stock 275 pm
3 2.. r Cent. Red.
3 .e. Cent. Cons.
3
I,rr Cent. Red ... 103 Ditto New Annuities... • •
vw 31 per Cent.... 102 Ex. Bills, 1,0001. lid. 65 pm
New 5 vcr Cent Ditto 500/...... 67 pm
Long Annuities to expire Ditto Small
Jan. 1660 ...... 121 Bank Stock for Acct. l9oh
,itt. 1559
J an. 1860 ..... 12i Consols for Act.
FOREIGN FUNDS.

Portuguese, 5 per cent.
Ditto, New Ditto
Prussian, 5 per cent —
'Russian, 5 per cent
Ditto, Metallic .
Spanish, 5 per cent
Ditto, 3 per cent...
Ditto, Deferred....
French, 5 per cent. —f —e.
Exchange.......... —f
French, 3 per cent. 83f 751.
Dutch, 2i per cent. 54i
Ditto, 5 per cent.... ICOi
t-t ES.
paid) .

in,trian, 5 per cent.
Belgian, 5 per cent
Brazilian
Bienos Ayres 6 per cent
(Xilian, 6 per cent lO2
Colombian, 6 per cent —
Ditto 1 t 4•24
Bonds, 6 per cent lli
Danish, 3 per :ent
Greek, 1625, 5 per cent —
Mexican, 5 per cent.
Ditto, 6 per cent. 1837
Perovian,lB2s,6 per ct.

..
..
..
..
..
..
.... U......-. 26
SHA
Bristol and Exeter (70 pi 66
Eastern Counties (23 paid)... lOl
Edinburgh and Glasgow (50 paid) 59
Great North of England Railway (100 pd) 851
(;rest Western (75 paid)
.. 109
Ditto Half Shares (50 paid)
Hull and 'Selby. (50 paid)
London and Brighton (50 pad) .....
London and Blackwall (161 13s 4d paid)
London and Birmingham ( _paid)„ ••••. 2421
Ditto New Quarter Shares ( 2 paid) 29i
London and Greenwich Railway (12/ 1554dpd) 5i
London and South Western (4.1/ 6s 10d pd) 74A
London and Croydon Railway (Trunk) ... Isi
Ditto Scrip ( 5 paid)
0 Milan
Northern and Eastern (45 paid)
12 6i Genoa
South Eastern and Dover (50 paid ) ....„ .. 34i
York and North Midland (50 paid) .. .. 120 i
COURSE OF EXCHANGE.—( YESTERDAY.)
Amsterdam ...... CF. 12 6ilGibraltar ..
Ditto, at sight .........12 41 Leghorn ...
... 30 90
. 26 0
Hamburgh •
...... ALB. 13 15 Venice .
Altona ................. . 14 0 Naples
ARnotttweerdrpa
......
..
..
....... .... 39i
Paris, 3 days' sight ... 25 75 Palermo, per oz 1181
Ditto, 3 m0nth5......... 25 95 1 isbon
Marseilles ........ ••• . 26: 0 Oporto s2i
Bourdeaux ............... 26 0 Rio Janeiro 23
Frankfort on Maine •••122 Bahia
23
Petersburgh, 3 Us. ••• 36} Buenos Ayres
Berlin .. ......... .. ...... 7 New York, 21days sight 46/
Vienna, effec. fl. 3M. 959 Philadelphia 46
Trieste, ditto ........ ••• 10 0 karcas OF BULLION, PEA 01,
Madrid ... ............... 364 Foreign Gold, bars.£3 17 9
Cadiz ..................... 36i Portugal Gold Coin.. 317 5
Bilbao ................. ... 36 New Doubloons .....0 010
Barcelona ............... 36 New Dollars... ......... 0 4 9,1
Seville ......•.••• ••.... .... ,Silver in Bars... ..... 0 4I 1

PROMISSORY NOTES.
( From Last Night's Gazelle.)
An account of the average aggregate amount of Promissory
Notes payable to bearer on demand, which have been in circula-
tion in the United Kingdom, distinguishing those circulated by
the Bank of England, by Private Banks, and by Joint Stock
Banks, in England and Wales, by the Banks in Scotland, by
the Bank of Ireland, and by all other Banks in Ireland, and of
the Average Amount of Bullion in the Bank of England, during
the four weeks ending the 6th day of January, 1644, pun.
suant to the Act of 4th and sth Victoria, cap. 50 :