The Sun.
London, England, 1845-08-19 00:00:00

TITESDAIt BlOit,e1:14

• noNE Y and COMMERCIAL 14 E WS.
(From The Sun of Last Night.)
The Cotton market at Liverpool au Saturday wits steady.
Sales 5,000 bales, including 1,000 to 1,500 on speculation.
Shares were dull, there being but little doing.
We are glad to find from an article in a Montreal paper,
that the practicability of the profitable cultivation of hemp
is being fully tested by Colonel Delatre, in the Niagara Dis-
trict. The k,,,reat, cry from all parts of Canada is, as it must
be for years, " frivrease our exports ; give us something
more to.remit to ESgland, in reduction of the terrible ba-
lancenhey annually -exhibit against us, by placing her
millions of manufactures against our wheat, ashes,
staves, &c." England at present pays thousands annually
to Russia, for the large quantities of hemp imported ; and it
is a great pity that a country so adapted as is Western Ca-
nada to the production of this article, does not enter into the
trade with energy and perseverance.
The Montreal Gazette states :—" A gentleman recently
arrived in this city from a tour over the Upper Province, re-
ports extremely favourably of the wheat crops, and of the
condition and prospects of that section of the province gene-
rally, and it is fully expected that when the canals are com-
pleted, a very large export trade to the West in British
manufactures will start. The operation of the American
Drawback Bill, he informs us, has so far been felt favourably,
as on many articles, which they are accustomed to get by
way of the States, they now pay the old instead of the high
daby."
At Niagara our informant found the cultivation of hemp
most successfully practised by Colonel Delatre, who had in
operation a scutchen mill worked by two horses. This gentle-
man is willing to afford inquirers any information relative
to its culture and treatment. There can be no doubt that
the cultivation of hemp might be carried on profitably to a
great extent in this country. The soil and climate are so
favourable to it that it grows wild and self-sown so as to
become a troublesome weed, and its high price per ton
renders it an article of easy freight. It is particularly
suited for cultivation, when, as at present, the price
of wheat is very low. Whenever the averages fall below
50s. they began to grow it extensively in Irtland, and when
prices of wheat begin to ascend, that again becomes the fa-
vourite article. But it has this advantage over wheat, that
it gives more employment to domestic industry, and, in par-
ticular, to females. The great difficulty hitherto has been
the scutchen by any machinery within the reach of the
farmer, but this, we understand, the gentleman we have
named has completely overcome.
Another minor article of export, but still one of which a
good deal might be made, and in our deficiency of exports
the smallest ought not to be overlooked, is cranberries. A
greater quantity of this fruit than people here would readily
believe, is imported into Britain, principally from Russia,
but to a considerable extent from Boston. Those of Canada
are greatly superior to the Russian, and the supply would
only be limited by the industry of the inhabitants in collect-
ing them.
In the London district, and generally in that stretching
from the upper shore of Lake Ontario to Lake Huron and
St. Clair, there is a great stock of very excellent cattle and
of sheep of superior quality, both for mutton and wool, feed-
ing on undulating downs, like the best of the south of Eng-
land. By judicious curing, and the protection of the British
differential duties, these might be made much more exten-
sively available for export than they are now.
The Public Securities have been quiet to-day, but the
quotations are firmer. The sales which were made on Sa-
turday have no further effect on the market. They were
said to be partly on account of the Scotch banks. Consols
realised 99 to 9914 for transfer.to-morrow, and 99% to 9914
for time. The premium on Exchequer-bills has been up to
495. and 535. On East India Bonds it is nominally 665.
Bank Stock is 2114, and East India Stock is 272. The New
Three-and-a Quarter per Cents. have been 102% to 1023/4,
and the Three per Cents. Reduced, 99% to %.
The Foreign Bonds have been almost a dead letter, there
is so little doing. Mexican Five per Cents. have been firm
at 35 to 3514, and the Deferred at 1914. Peruvian Stock is
steady at 39; and Colombian at 17%. Dutch Four per
Cents. have been quiet at 10014.
The market for Railway Shares is moderately active.
The brokers, we are glad to observe, seem much more
disinclined to give countenance to a host of new
schemes, and the Committee of the Stock Exchange
do not publish a full list of the newest
lines, deeming such publication, we presume, too strong en-
couragement for mere premium hunters. Much is in the
power of the brokers themselves in repressing speculation,
and if they do not exert their power, they must ultimately be
involved in the serious losses of many of their clients. Birming-
ham shares have improved to 121 and 125 premium ; Great
Western are about the same as on Saturday; Bristol and
Exeter, Caledonian, and Eastern Counties are steady; the
Irish lines are firm, as also Brighton, Blackwall, Croydon,
London and York, South-Western, &c. There is less doing
in the French shares.

oNE CLOSINt;
PRICES OF BRITISH FUNDS. O'CLOCK. PRICES
Bank Stock
3 per Cent. Reduced rig 99 V
.8
3 per Cent. Consels Annuities 99% 591 A
Ncw 3;4 per Cents .102%/2% 102%
Long Annuities to expire J an. 1860
Ditto 30 years, Oct. 10,1859 ... 11 5.16 11 5-16
India Stock
Consuls for Account ......
Exchequer Bills, 1,0001., 11/ d 49 51 pm. 51
Ditto 5001. .. pm.
Ditto Small
ONE CLOSINk,
O'CLOCK. PRICEs

PRICES OF FOREIGN FUNDS
Brazilian Bonds
Columbian Bonds, ex Venezuela. 17% 17%
Mexican, 5 per Cent. 1837 3i 35
Ditto, Account 35335 35
Ditto. Deferred
Peruvian Bonds 6 per Cents 39 39 i,•2
1 ortuguese Bonds, 4 per Cent .. 65
Russian Bonds .. 118%
Spanish 5 per Cent. 1840.
Ditto, Account .... 27%
Ditto 3 per Cent. ...... ... ...... _
..„
Ditto. Account ..... ... ........... 38%
Belgian 41 per Cent. — 160.4
Dutch, 21/2 per Cent
Ditto, 4 per Cent. Certific lOOl4 1001/2
I'RICES OF PAID. BUSINESS DONE CLOSING
ttAILwAY SHARES AT ONE O'CLOCK. PRICES.
Aberdeen
Armagh, Coleraine, and
Portrush l% 2
Binnin and Gloucester. 100
Ditto % Shares
Birmingham and Ox-
ford Junction
Bristol and Exeter
Do. New . 2 ...... 1114 ll%
Bristol and Gloucester... 30 ...... 61
Caledonian
Ditto Extension
Cambridge and Lincoln 1%...... 31/21x 314
Canterbury and Dover.. 1% —
''•
Chester aiid Holyhead.- 15
Coventry, Nuneaton,Bir.
and Leicester 1 ...... 214 2%
Direct Northern
1 hiblin and Belfast June 21,4 73/ 73/
Dublin and Galway... .- 2% 23/4 2%
Eastern Counties 14/. 165...... 204
Ditto New 41. 16s. 6% 7 7 p
Ditto Perpetual, 5 per
Cent, No. 1—.5/. 13s. 4d
Ditto ditto, No. 2. l3s. 4d... 12 l/2P
Eastern Union
Ditto Extension. . ... 11/2 3l/s 2% 23.;.,
Edinburgh and Glasgow 50 BBl/2
Ditto Quarter Shares 1214...... 2214%
Ditto New 14 Shares-. 5
Ely and Bedford
Great South. and West.
(Ireland)
Great North of England..100
Ditto New
Ditto New
Great Western
Ditto Half Shares 5O 119
Ditto Fifths
Hull and Selby
Do. Half Shares
Lancaster and Carlisle... 25
Leicester & Birmingham 22s
Leicester and Bedfjrd... 225.
London and Binning= tstock) 221 225 222 224 224
Do. New [hinds
Do. 14 Shares
London and Blackwall. 16/. 13s. 4d lO3/4
Do. New
London and Bright0n... 50
Do. consolidated Bths... 35
London and Croydon, 131. 15s. 9d. 2.0,04% 2
Do. New l3s 4d l3/ p......... 13
Loud. & S.Western 411 6$ 10d 7B: 78 79 i:
Do. New
Do. New
London and York ...... ••• 214. 5l/2 4% ...... .. 4
Londonderry &Coleraine 21-A•••••••
Lynn and Ely
Lynn and Derehain l% 4:% 1/2 , 4
Manchester and Leeds... 76 2Ol 204.
Do. Quarters
Manchester and Birmin. 40
Do. New Quarters ... 2
Manchester, Buxton,and
Matlock 225.....•. 614 7 7% p
MAI trill... 100 174
Do. New
Newoaszle and Uerwick 11/2 .. .
Newry and Enniskillen. 21/2 ..•„21/2% 2%
Newark and Sheffield .. 1% 3%1/2, ...... •••-• 3 4
North British
Do. New
Northern and Eastern... 45
Do. Quarter Shares... 121, ...... 18
North Wales
Norwich and Brandon.,. 14
Do., New
Oxford and W,rcester... 2% 7AI/11/2 7%
Fed!' and Inverness - 2%•-• 2
Pilbrow Atmospheric ... 1 ..
. 1% l%
Portsmouth Direct...... 21
Preston and Wyre ...... 50 - 391/1 4O
S
nEin.lil.dedi.irr.e.hm..s.:ar...
Rugby, Worstr, & Tring 1
Scottish Central
21/2
4%
ShrewsburyShial,Dre:o
VA 2l/4 P
Shrewsbury, Hereford,
3%
S uth Mid1and............ 225.
South Eastern & Dover 33/ 2s 4d... 453/4 ........
1.341/1/24 I.
1414
Do., No. 3
Staines and Riclunono 1
South Wales 5%
21,4 ...... 5%....... ........
Trent Valley and Holy-
head Junction - .. 91
214
Waterford and Kilkenny 1 .. 8 2%
.......... •.
Waterfd,Wxfrd,Wicklw, •••
and Dublin ............ 114... . 11/
Weleh Midland ....... 21'
.. it 3% ......... ...... 35,4
Worcester, Shrewsbury
and Crewe Union.-- 1% 3y 3
q 3,9
York and Carlisle 234_ .. 33/ ......_ ......• • •-•74
Y rk and North Midland
1.:..!...Pn , ',22722183%/1/2.4 :
.:::
422.
.....

291/2
10.2

ork tu _ ..,...._ 50- - .. -
Do. ley, Shares
Ditto Scarboro' Branch. 25 ......
Do Selby
Do. Extension
FOREIGN RAILWAYS.
liouloAme and A o,iens... 6
..... 'OA...—. ....... 1034
Bordeaux, Toulouse, and
Cette .... ....... ...... 2 ..... 21/814 2
14
Dijon and Mulhouse ... 2 ...... DA.. .....
Dutch lZhenish
East Indian ... ..... .... 5s ....
Great North. of France
(La(litte's)
Do. do. (Roiarnel's) 2 ...... 3 .... 27(3
Great Paris and :Lyons 2
Louvain and Jenieppe... 4 ... . 4%%... ...... ... 4,ii

53V,
54,11
76
2514