The Express.
London, England, 1848-05-24 00:00:00

COMMERCIAL INTELLIGENCE.

CA LcurrA, Arai L O.—Since the cliee of our last Overl4nd
Pei, Current we have received 100 MUlligeoce from home. The Pre-
cursor steamer, though hourly expected, had nut made her appear-
ance yesterday when we went to press; neither had the express from
Bombay been lUMOUR ed.
In experts we have to report a continuation of the active
demand which prevailed for indigo. The tendency of the arti-
cle has been upwards, with in some instances an advents of
2.8 ra. to 5 re. on clearable qualities. In sugar a good Melina-
tam bas been evinced for active • potations in the better quail-
ties, of which the market is nearly bare. The demand for ealtpetre
fur the bone market ias fallen off, hat the French and Americana
' have extended their purchases at unaltered but well maintained •
prices. Rice remains neglected. The market him been nearly cleared
of suitable qualities of raw silk, and a fair amount of business has been
done in silk piece KoOdA.
Our import market re-opened after the holidays with an improved
feeling and much steadiness for most dean iptions of Marcbester
goods, the market for which has continued progreseively improving,
and our quotations show an advance in the prices of several of the
staple fabrics above those of the previous month. Mule twist,
Nos. 30, 40, and fel, maintained their position during the greater
portion of the perad now under review; but latterly the market
for this branch of imps rta has slackened, and sales could at present
only be effected by submitting to somewhat lower rates. The metal
market has remained dal , the only transaction of importance being a
sale of 31000 mantis dauth American slab copper at 34 Ba. es. per
rnaund, earth.
The money market is gradually relaxing in tightness, and
disc .unts can be obtained in the liagtar on certain descriptions
of naive bids, which a shirt time since were not negm
Liable. European piper is still looked upon with suspicion and
distrust. Money is readily procurable on approved securities,
at fair rates of interest. Government securities have improved a
little in value. Our quotations now are : 'Crabtree Five per Cont.
paper, 8 to 9 per cent. premium; New Fives, 1-12 to 2.0 discount;
Second and Third ditto, 4-4 to 4-8 ditto; Company's Rupee Fount,
16.0 ditto; theta Rupee ditto, 18-8 ditto. think of bengal shame,
2,100 prem. The Plank during the last three months has been mak-
ing an average profit of 9r. 2a. per cent. per annum on stock, being
0 13 31 woos than toe avenge of the previous two months.
Government have issued a notification, under date Bat of April, re-
ducing the rate of exchange at tau.• export warehouse to 1-10, and an.
nouncing that 700,•101/. will Is raisin for the retinal year 1018-19,
liable to such modifications as may be required by the exigencies of
the public service.
Freights have experienced a goes) deal of fluctuation since the date
of our last report, which quote. sugar aml taltpetre, 61. and 51. 15a.
to tandem In the succeeding week they fell, owing to an influx of
shipping, to 51. it. Our quid-diem are new 5/. 15s. for sugar, and
3/. 11$. for saltpetre.
Intatin.—We hoveln report that since our last the demand has eon-
tinued active, imparting to prices an upward tendency, which for de-
' sirable qUAitiC•of all sorts was in not unfrequeat instances carried to
Rs. 2-3 and Re. 5-0 enhanced rates.
SATA-PKTIM —A diminished demand for some shipments ham been
counter, a'aoced by extended purchases for American an I French ac-
count, and priers, though undltend, are well maintained ; the re-
portet transactions amounting to 1,100 hags Allygtulge at 5.9 to 5.14,
3,50116a5. Chnpra at 4-14 to 5-8.
Rice. —This pubs remaies neglected in the better sorts, which are
freely offered at reduced rates without attracting general buyers, but
inferior qualities command fully former rates, with a fair amount of
banners doing. The reported tr3R,CtiMIA are, 3,700 bags, table fine.
2.0, gad 1.14, middling I-11 to 1-9, infi rior, math broken, 1-5 ; 9,500
bags Ralson, 1-0 to 1-0-8; 300 bags of Coolpy, 1-3; 8,000 bags
Meangby, 1-2 to 13.
RAW fauc.—lloldent and buyers having agreed upon term, a good
deal of business has been done in this article, and our market is now
nearly bare of stock. Our quotation., are 4 amuse per sate above the
lowest point.
SILK Piers C.oll..—Our hut report left several negotiations on the
taphs Parties at last met each other, and a fair amount of liminess
has been done at price. sarying from 91-8 to 112-8 per eorge.
Corrom—lhe transeetisis in this wool ►ane been unimportant.