The Sun.
London, England, 1845-11-01 00:00:00

Grt Northern of France

(Laffitte's)
Ditto (Rosamel's)
Do. (Le Boeuf )
Do. Pepin le Halleur —
Great Paris and Lyons —
Great Western Bengal %
Jamaica S. Mid. Junction

Do. North Midland
Do. Extension
Jersey
Louvain and Jemeppe 3%
Lyons and Avignon —
Luxembourg

A Cabinet Council was held
at the private residence of Si
gardens. The Lord Chancellt
and all the Ministers in town

MONEY and COMMERCIAL NEWS,

CITY, QUARTER TO THREE.

The sales of Cotton at Liverpool yesterday were 3,000 bales,
without any alteration in prices. Shares were dull, but
better in some respects.

The advices received from the United States are uniform
in their expression that railways there, as here, are the order
of the day. This is too important a topic to let any well.
considered opinions go without notice. The New York
Herald states :

" During the period of the most extensive speculation this
country ever experienced, the people of New Englandinvested
millions of dollars in railroads, and we are disposed to believe
that it was the drain of capital from many of those who be-
came at that time interested in these works, that prevented
the various speculative movements of the day from spreading
the ruin and desolation in that section which fell upon every
other portion of the land. The large investments in the roads,
then in a state of completion, contracted the resources of those
interested, and prevented their engaging in the specula-
tive bubbles of the day, which soon after exploded,
leaving hut a wreck behind. The railroad speculation
of that period was looked upon as the snail in the fable,
the moral of which has, however, been fully exempli-
fied. The railroad speculation of the present day will,
without doubt, be even more beneficial in its effects than
the last, as it has become more general, and must operate
as a greater check upon any expansion in commercial
affairs. The immense cost of the railroads of Great Bri-
tain has required a much greater expenditure in propor-
tion to the length of road constructed, than in this country.
It will hardly be credited that two roads, leading from the
centre of London, in lem.th only three and three quarter
miles, cost about 11,000,000 dots. The London and Black-
wall, 1,289,0801., and the London and Greenwich, 1,026,1001.,
or over 1,500,000 duls. per mile. These two roads,
constructed at this enormous expense, enter a city
having a population only about five times larger
than that of this city, and pay handsome dividenth,
wbile New York has a railroad running the entire length of
the island, about nine miles long, and costing for the whole
line no more than one mile of the London and Blackwall
Railway, that has never yet paid a dividend. The railroads
throughout Great Britain cost about three times as much per
mile as those of this country, and are kept in running opera-
tion at nearly three times the expense, notwithstanding
which, they pay a better average rate of dividend than those
of the United States."
A reference to the Bank of England averages for the past
week to Oct. 25, makes us acquainted with the fact of a
further diminution having occurred in the amount of notes
issued to the extent of 363,265/. ; but then the notes in
the banking department having been reduced by 1:35,935/.,
the circulation is only affected by the extent of the
difference between these two items. The Rest
has increased by 23,492/., and the public deposits have been
diminished by 164,757/. The other deposits have been
lessened by 905,470/. The seven day and other bills are less
by 33,371/., and the other securities show the further marked
decrease of 1,118,4141. The Bullion is 189,022/. less, amount-
ing to 14,001,263/.
The Funds have been less steady, and there is but a small
business doing. Consols opened at 97%, receded to 963/4,
and are now 97 for the first transfer day next week.. Exche-
quer-bills have fallen to 395. and 365. premium ; Bank Stock
is firm at 206.
Mexican Bonds have been in some favour to-day. They
have been 311,4 to 32. Brazil Stock is 82%. The Spanish
Three per Cents. bring 38.
Railway Shares have been without any material alteration.
BRITISH FUNDS THIS DAY AT ONE O'CLOCK.
(From the Official List.)
Bank Stock 006
3 per Cent. Reduced Annuities 96% 96
3 per Cent. Consols Anns 97% 963/4 97
New 314 per Cent. Annuties
Consols for Account
Exchequer Bills. 13/4d. Ihd.
1,0004

5001. ... ... .. ... 36 39 pm.
Ditto Small — .. .. 36 39 pm.
PRICE OF FOREIGN FUNDS AT ONE O'CLOCK.
Brazilian Bonds, 5 per Cent 8214
Columbian Bonds. l6
Mexican Bonds, 1837, 5 per Cent 3l
Ditto for the Account 31%3/4 % 32
Ditto Deferred Stock l7l
Spanish Bonds, 5 per Cent, 1840 —
Ditto Deferred
Ditto 3 per Cent
Ditto for the Account. 3B
Belgian 4% per Cent 99
Dutch 2% par Cents
Ditto 4 Der Cent. Certificates

BUSINESS DONE IN RAILWAY SHARES AT ONE

O'CLOCK.

RAILWAYS. PAID. PER SHARE.
Aberdeen
Aylesbury and,Thame ... 1% —
Armagh, Coleraine, Portrush 1% — ...... to
Brighton, Lewes, Hastings... 20
Bideford and Tavistock .. ... 1%.....
Bristol and Gloucester
Birmingham and Oxford
Junction
Bridgewater and Minehead... ..... to
Bristol and Exeter

Ditto New
Birmingham and Gloucester 100 .•...,126% to 126
Ditto New Shares
Boston, Stamford, and Birni. 22a
Caledonian 5 ... 1214%
Ditto Extension
Cambridge and Lincoln ...... 1% 5% .. ... to 5
Ditto. New
Cambridge and Oxford l% l% to
Canterbury and Dover 14.....
Chatham and Portsmouth ... 1 .....
Cheltenham and Oxford ...... 2
Chelmsford and Bury ..
Chester and Manchester
Chester and Holyhead
Cniehester and Brighton 2O ......
Coventry, Nuneaton, Bir.,
and Leicester ll% 23/4 to
Cornwall
Churnet Valley
Cork and Waterford ll/4...... .. ... to
Clydesdale Junction
Derby, Uttoxeter, and Staff'd 25/......
Direct Manch. (Remington's) 23/4 3N%... to
Ditto (Rackstrick's) 5%...... 5%%... to
Pirect Northern

Direct Norwich
Diss, Beccles, and Yarmouth 11/.......
Dublin and Armagh l% to
Dublin and Galway
Dublin and Mullingar 2l/ — ..... to
Dublin, Belfast, and Coleraine 2% — to
Dublin and Belfast Junction 5
Dundalk and Enniskillen 2% to
Eastern Counties
Do. New 4/. 16s ^ 81 p to 9

Do. Perpet. 5 per Ct. No. 1. 61.13 s 4d i) to
Ditto, ditto, No. 2. —V. 13s. 4d.... p to
East Dereham and Norwich 1
Eastern Union

Ditto 1% Shares, ........ ..... 24 .....
Ditto Extension
Ditto Ipswich and Bury ... 176 . .... to
Ditto Extension to Norwich 2%
Ditto Cambridge and Ely 2
East Lincolnshire
East and West of England... 1% —
Edinburgh and Glasgow 5O .. ... 74 ...... to
Ditto 1% Shares l2l ......
Ditto New 4 Shares 5
to
Edinburgh and Northern...... 14 — ...... to
Edinburgh and Perth ... ...... 11/,
Enniskillen and Sligo ... 21/4 ...... ... .. to
Ely and Huntingdon 5 ...... • .. .. to
Essex and Suffolk 1%...••• 1% to
Exeter, Yeovil, & Dorchester 23/4 ...... 3
Gloucester, Aberystwith, and
Central of Wales ...... ....... IN
Goole and Doncaster 22s. 2A% ... to
Grand Junction 100
Ditto 1,4 Shares ... 50
el rndUnion(Notting &Lynn) 1% 2%%... to
Great Eastern and Western.. 214
GreatGrimsby and Sheffield... 9A — to