The Sun.
London, England, 1845-10-23 00:00:00

c 1845.

AlO Y and , NEWS.
(From The Sun of Last Night.)

The sales of Cotton at Liverpool yesterday were rather
limited, and did not exceed 1,000 bales. The market was
quiet and prices were steady. The Share Market was very
heavy, and prices in some instances much lower.

The Times may take credit for its advice to the public not
to engage in speculative railway schemes ; and the advice
is really goal. And so have we, under this head, done the
same on many occasions before our Morning Contemporary
took up the question. But there is a point which the " City
Correspondent" of the Times puts forward, to the prejudice of
an extension of the railways, which is not warranted by facts.
The deposits upon allotments already closed hare been made,
and without question the caution-money, as the term is, is
ready for handieg over to the Accountant-General upon
nineteen out of every twenty of the projects started some
time back. To assume that the private and joint-stock
banks have been recklessly advancing money upon scrips
deposited with them, and that, when pay-day comes,
there will be difficulties, is a position which will not be
realised. As the deposits upon the principal companies for
new railways that, are likely to pass the standing orders
are already made,', it is not anticipated that any other
severe • pressure upon the Money Market will be expe-
rienced than which may, to a limited extent, be said to be felt

now.
The letter of Mr. Charles Pearson to the Chair-
man of the Committee of City Lands on the sub-
ject, and in approval of termini being formed for
the Direct Manchester and the London and Birming-
ham Railways, in Farringdon-street, and which
appeared in The Sun of last evening, has been a subject of
very general conve sation in " City circles" this morning.
Mr. Pearson most truly and correctly asks those connected
with the Corporation to "look at home," and improve, by all
means is their power, the interests of those who gave them
power and influence, whether as Aldermen or Common Coun-
cilmen, and not be so lavish in lending their names to ad-
vance railway and other schemes, which, in many instances,
if carried out, must tend to damage the interests "of the
City of London and the trade thereof." The admonition of
the "City Solicitor" is considered by most reflective people
to be exceedingly well timed.
There are Graham's Town papers, at the North and South
American Coffee-house this morning, to the 25th August last.
The Kafirs continue their depradations upon farmers, and a
general meeting had been held, at which resolutions were
passed, claiming further protection from the Government. It
ought to be mentioned that the chief of the Kafir tribe com-
pelled restitution to be made when the robbers were traced,
or the cattle, &c., identified. The markets in Graham's Town
were brisk.
The Cousol Market has been rather firm to-day. Money
stock is less plentifu, and the Bear party apparently indis-
posed to operate further. Consols for Money have ruled from
97 IA to 97%, and for the Account from 97% to 97%. The
premium upon Exchequer-bills has been rather steady at
425. to 455., and India Bonds have advanced to 595. premium.
The Reduced Three-per-Cents. have rallied a fraction. Bank
Stock has advanced from 2051 to 207, and the Three-
and-a-Quarter per Cents. from 98% to 98%.
In the Foreign Stocks the transactions continue to be very
trifling. Spanish Stock has fallen from 261$ to 253/4 for the
Actives, and the Deferred to 153/4. Dutch Two and-a-Half
per Cents. opened at 56i %, and have since receded to 58.
Old Portuguese are quoted at 51. Mexican met with a heavy
sale at 31%; and the Equador Stock, at 41.
Great caution is shown in the Railway Share market in
entertaining bargains in any but the best shares or scrips.
All doubtful projects will soon be at zero.
ONE CLOSING
PRICES OF BRITISH FUNDS. O'CLOCK. PRICES.
Bank Stock .206 05% 207 207
3 per Cent. Reduced ......... 961481/4 9614
3 per Cent. Consols Annuities 97 1/4 9714
'few VA per Cents 9Bl/4% 98%
Long Annuities toexiiireJan.lB6o 10 13-16 11-16 10 11-16
Ditto 30 years, Oct. 10,1859 10 9-16 10 9-16
Ditto 30 years, Jan. 5, 1860
India Bonds, 1,0001
Ditto under 1,0001... .—.... 59 59
South Sea Stock
Ditto Old Annuities
Ditto New Annuities ... 961/ 97% 97%
Consols for Account .... 97%1,4 97%
Exchequer Bills, 1,0004.. 11Ad.
Ditto 5001.

Ditto Small
ONE CLOSING
PRICES OF FOREIGN FUNDS. O'CLOCK PRICES'
Brazilian Bonds
Ditto, Account ...... ............ 82%
Chilian Bonds 6 per Cent..... .
Mexican, 5 per Cent. 1837 —
Ditto, Account 31% 32
Ditto Deferred — 16%
Peruvian Bonds, 6 per Cents 37 37
Portuguese 5 per Cents. Bl 81
Spanish 5 per Cent. 1840
Ditto, Account 26% 2534 2534
Ditto Deferred

French, 5 per Cent
Dutch, 2% par Cent
Ditto. Account ... ... ..... 58% %58 58
Ditto, 4 per Cent. Certificates 92% 93 911/.,
Equador 44 4v
/2
PRICES OF BUSINESS DONE CLOSING
RAILWAY SIIARES D. AT ONE O'CLOCK. PRICES.

, ------
Aberdeen
- --
-51--
Birmin and Gloucester. 100
Birmingham and Ox-
ford Junction
Boston, Stamfd, & Birm. 22s
14% p l% p
9
Bristol and Exeter 7O 92
Ditto New
Bristol and Gloucester... 30 «,... 56
Caledonian
Ditto Extension
Cambridge and Lincoln 1% 5 12
Cambridge and Oxford.. lA ll/2— 1
Chester and Holyhead... 15
Chester and Manchester 425.
Cork and Waterford ... 1% ll% 1 s
Direct Manchester
(Remington's).
Ditto (Rackstrick's)... 51A...... 5,14 61
Direct Northern
Dublin and Galway..... 4
Eastern Counties 14/. 165....... 2274% .. ..,... 22%
Ditto New l6s. B%3A 98% p 8% p
East Lincolnshire
Essex and Suffolk .. ... 1% —
Great Eastern &Western 2% ...... 3
Great Western BO ... ..
Ditto % Shares
Ditto Fifths
-- - -

Hull and Selby
Lancaster and Carlisle... 25
Leicester and Bedbrd... 225. 1%% p l% p
Leicester and Tamworth 495.
.1 p 1 p
Liverpool & Leeds Direct 2% .. ... 4%% 4%
Lpool., Mnchstr, & New
castle Junction
London and Birmingumloo 218%
Do. Thirds
Do. Quarters.
Ditto Extension ...... IV, 278% 2%
London and Blackwell. 16/. 135.4 d. 9 10 ~. 9M4
Do. New
London and Bright0n... 50
Ditto, Sixths
London and Croydon, 131. 15s. 9d. 23 24 ...... ...
London, Hounslow, and
Western
Lond. &S. Western 41/ 6s 10d 76 74% •• 74%
Do. New
Do. New
London and Y,,rh. 2% 5% 5l/-
London, Warwick, and
Kidderminster
London, Salisbury, and
Yeovil ..... ......- ..... 214 ...... 23/
Londonderry &Coleraine 2%. 514 5
Lynn and Ely
Manchester and Birnnn. 40
Do. Quarters 4 ...... 14
Do. New Quarters ... 2
Do. Continuation and
Welsh Junction ... 1% 2% 2%
Midland 100 170
Do. New
midland,Birm., Derby... 100
Newcastle and Darling-
ton Junction 25 ...... 62% 62%
Newcastle and Berwick 5
Newark, Sheffield, and
Boston
North British
Do., New
Northern and Eastern... 45
Do. New
N. Kent & Direct Dover 21,/.... 2% 3%
North Staffordshire 425....... 5% 5% p 534 p
Northampton, Banbury,
and Cheltenham ...~. 2
Nottingham and Boston 1% 4
Oxford, Gosport, Ports •
mouth, & Southamptn 425. % p ..... - ..... 1/2 P
Oxford and Worcester... 2% 9%4 10 lO
Oxford, Witney, and
Cheltenham....
Preston and Wyre
Richmond
F 4./ ...
Rugby and Huntingdon 2
Scottish Central
Scottish Midland ll4 4
Shrewsbury and Trent
Valley Union
South Midland 22s.
I.
P ' 5%
South Eastern & Dover 33/ 2s 4d 38% 38%
Do., No. 1
Do., N 0.2.
South Wales ... 21,4 53/414 54
Teen and Dove Valley 1% ...... 1% . •• l%
Trent Valley 2 ..... . -- ... l6
Vale of Neath ... ..
Waterfd,Wxfrd,Wicklw,
and Dublin
Welch Midland
Wilts, Somerset, & Wey-
mouth ... 21/x 6l/2 51/2•••••• .. 51/2
Worcester, Shrewsbury,
and Crewe Union ... .. 1%...
York and Carlisle 2% 4
York and North Midland 50
Do. Extension ll% 2B ... . 2B
FOREIGN RAILWAYS.
Boulogne and Amien5... 8
13ordeaux,Toulouse, and
Cette (Mackenzie's)... 2 .. ...
Do. (Espelete's) .. ... 2 .... . 2 ........
Central of Spain ... .... 2
Demerara
Dendr, Valley 2 2 1-
-,74:

Jendre ley - 1,14
Dutch Rhenish 5 ...... 9;N )i
East Indian ..". .... ss.

Great North. of France
(Laffitte's)
Do. do. (Rosamel's) 2 ...... 314 3'%
Great Western Bengal... 55. ...... IVA l3/4
Louvain and Jemeppe... 4 ... . 3% 3N
Luxembourc, 2 ..... ljiiiii2 1.3/4
Namur and Liege
Orleans and Bordeaux... 6
Paris &Lyoni(Laffittee) 2
4
Paris and Lyons (Gan-
neron's)
Paris &Lyons, (Calon's) 2 ~.... 1% 2..... 2
Paris and Strasbourg
(Ganneron's)
r,-.8 2%
Do. (Compte de L'Est) 2 2
Royal North of Spam ... 2 .....
171Y8 .17,/
-.8
Sambre and Meuse ...... 6 ...... 6L'
/2 6 I/2