The Sun.
London, England, 1842-10-04 00:00:00

MONEY-TRADE-COMMERCE.

The railroad from Leipsic to Altenburg has been
j opened.

SPORTING.

The sale of the Marquis of Westminster's blood-
stock at Eaton Hall last week realized about 3,000
guineas. The principal lots knocked down were—
Launcelot, 500 guineas ; Satirist, 255 guineas ; Mo-
rea, 200 guineas ; Sleight-of-Hand, 200 guineas ;
Candahar, 155 guineas ; William de Fortibus, 155 gs,

MONEY and COMMERCIAL NEWS,
CITY, MONDAY EVENING.
The Money Market closed with a decidedly firmer
appearance, much of which is to be traced to the com-
plexion of the intelligence from America, which gene-
rally cannot but be considered as favourable. It is.
however, to be found that matters there are now re-
presented too much a la coleur de rose. The general
tone of the papers received by the Caledonia is that
national faith should be preserved, in order that the new
loan, as a commencement o ffurtherjinancial operations,
should be recognizeil in Europe, but not one woAl i
written upon the subject of the repudiation by indivi-
dual States of the several loans contracted by them.
The general Government, in reality, fear the wording
and nature of the Constitution cannot offer so
good a security as a separate State. And it is from the
absence of this power, that no portion of the ne w State
loan has yet been taken on this side of the Atlantic.
It is not to be denied that our exports to the United
States have not increased in the ratio which might
have been expected, but it is a grave question whether
the falling off has not been well purchased, though
dearly, at the expense of nearly thirty millions ster-
, ling. It may be safely inferred that the persons who
are now so anxious to cry up American credit, would
be the first to avail themselves of a rise, and sell their
securities. A gentleman who came over to negotiate
the loan in Europe, has discovered it is impracticable
to do so, and consequently is about to return to his
own country. Consols left off at 92* 93 for Money,
and 93 93* for the Account ; India stock, 247 ; Ex-
chequer Bills, Old, 49 51 ; New, 48 50 premium.
The prices of Foreign Securities have again im-
proved, Dutch Two-and-a-llalf per Cent. Bonds
being 514 52/ ; the Five per Cents. 100 1001 ; Bel-
gian, 1021 1031 ; Danish, 8384; and Brazilian, 66 67.
The quotations for Mexican Bonds are also higher.
It had been expected that the packet would have ar-
rived ere this, hut .the pacific tendency of the intelli-
gence from Texas, via New York, has given increased
confidence to holders. The last figure was 33 334.
. .

The firmness in the Share market continued, but
business was chiefly confined to Brighton, which, at
the close of the market, were 255. better than oil Sa-
turday,
the price on the one day having been 34+ 351,
and now 36 361. London and Birmingham were-
-183 185 ; Birmingham and Gloucester, 39 41; Great
Western, 811 821 ; the Half shares, 59 591 ; south
Western, 571 581 ; North Midland, 56 58 ; the New
shares, 27 28 ; South Eastern, 23+ 23+ ; Eastern
Counties, 81 8+ ; Northern and Eastern, 35 36 ;
Blackwall 6+ 7 ; and Brighton, 36 361 per share.
The accounts from Spain and Portugal have in-
duced some good-natured persons to believe that a
change is about to be wrought in their finances, or as
it has appeared " that a disposition exists to bring
about a financial reform," consequently a rise in the
quotation of the Bonds has to be noticed ; but the
particular cause thereof is somewhat inexplicable,
inasmuch as no certain information has been received
which at all changes the position of the bondholders.
Colombian, 201 21 ; Peruvian, 154- 161; Portuguese
Five per Cents.. 354 361-; the Three per Cents.,
21+ 211-; Spanish Five per Cents., 16+ 16+; the
Three per Cents., 21 211.

The chief day of business in• the Corn market has
not passed off without a failure, another having been
announced, the liabilities of the house being larger
than any which has yet been obliged to suspend; but
it is supposed that this mill be the last which for some

time be driven to take this step.
(From The Sun of Last Night.)
The Money Market remains m the same inactive
state as to business, and Consols are firm at 92+ 93
for 'Money, and 93 for the Account ; New Three-and-
a-Half per Cents., 100-ii- 101 ; India Stock, '249 250 ;
Exchequer Bills, Old, 49 51 ; New, 48 50 prem.
The Foreign Market has exhibited rather more ani-
mation, and the prices of Securities are a shade bet-
ter ; Dutch Two-and-a- Half per Cents., 52 ; Belgian,
103 1031 ; and Danish, 821 ex-dividend.
The quotations for Mexican are a trifle higher,
being 32+ for Money, and 33 for the Account.
Some considerable transactions have taken place in
Brighton Railway Shares, but with this exception the
market has been flat. The price, particularly New
Shares, opened at an advance f ss. upon that of
Saturday, and have since reached 352 35k, wnich
is quite 11. higher than on Tuesday. The South
Western have been sold at 574 ; South Eastern, 23k
234 ; the Scrip, 122 ; and Blackwall, 64.
Spanish Bonds are again the only ones which are
quoted, the Five per Cents. 154, and the Three per
Cents. 20k, which is lower.
An evening paper on Saturday reversed two figures
in the returns of the circulation, thereby making it
appear that an increase of 536,0001. had taken place
in the issues of the Joint-stock banks in England,
instead of a decrease of 3,341/. Two of our Morning
Contemporaries have copied them, and all three have
made the expansion the subject of remark, but the
statement in the second edition of The Sun was correct.
The amount of notes issued by the English joint stock
banks, 17th September, was 2,819,7491., on the 20th
August, 2,823,0001.; and the whole circulation of the
kingdom was, on the 17th ult., less by 514,3261., in-
stead of being greater by 28,,000/., as has been mis-
represented.
The information in the mercantile letters received
by the Caledonia is extremely meagre. Affairs are
however represented as gradually improving, with
increased confidence, and every piospect of a revival
in trade. The vessel has brought over several orders
for goods, which will of course give an activity
to our manufacturers. It is expected that the
tariff in its operation will be found not to be so prohi-
bitory as had been represented; but now that a set-
tlement of that question has been brought about,
commerce will be
.placed upon a more steady basis.
MANCHF.:§TER STOCK EXCHANGE, OCT. I.—There
has been rather more doing, but prices remain pretty
stationary. Manchester and Birmingham, 22 ; Man-
chester and Leeds, 70 ; Bank of Manchester, 2 ;
Manchester and Salford Bank, 10+; Union Bank,
8i; Manchester Assurance, 91 ex-div.
CLOSING PRICES.
BRITISH FUNDS.
[lndia Stock 249 pm
Ditto Bonds
Ditto Old Annuities
Ditto New Annuities —
Ex. Bills, 1,000/....2,1 5O pm
Ditto 500/.
Ditto Small
Bank Stock for Acct.
India stock for Acct...
Consols tor Acct....... 93
4 FUNDS.
Portuguese, 5 per cent.
Ditto, New Ditto
Prussian, 5 per cent. , .
Russian, 0 pet rent-- 112
Ditto, let
Spanish, ft per cent.
'into, Deferred.. „.
French, a per cent. —I. —r.
Exchange —f —c
French, 3 per cent 79 50
Dutch, 4 per cent. sli
Ditto. 5 pe! 100

Rank Stock
3 per Cent. Rect. ......
3 per Cent. C0n5..... 93
3i per Cent. !1ed.... —
New 3i per Cept.........10t
Nl,iw 5 per Cen'.
Long Annuities to expire
Jan. 1860 ......
Oct. I t 459
Jan Ib6o

16h