The Express.
London, England, 1850-03-08 00:00:00

THE STATE OF THE MARKETS.

BOMBAY, FIB. 2 —Our money market Mill minima's in
as enemy and unsettled state, nor do we think it likely to be other.
wise for some time to come. Government Securities partici-
pate In the general uneasiness alluded to. and there are easy
few buyers at the quotations given in our prises cornea.
Bank Shares maletam their value, and the &einem dams
both in oriental and commercial has been considerable. The firmer
have been gelling at Hi to Itq, and the latter at It to IS rer cent. die.
count. We ham perused with much satisfaction the report received
by last mail from the Oriental Bank Board in London—not that we
have any interest in the concern, but bivouac we think it likely to die.
pet much, Gnat all, of that unwarranted gloom which hung over the
'Weds of some of the shareholders here. Doubtleav a great &al at
the aucce,4 which has hitherto attended the operations of this beak is
due to the management in Bombay, which we believe to have tem

characterised by the most corsumiii;t:i skill and ability.
Our market for Imports is in a very iesatielactury state et present.
with little prospect of any immediate improvement. The native
deCers complain of the total want of inquiry In the basear —in fad.
that they cannot sell even at reduced mires : this is caused by the
unfavourable accounts received tram the up-country markets, all of
which are stated to be over supplied : and till these stocks are
reduced, few orders will be sent for further supplies. Our only
hope is that some demand will spring u after the Ilooly
holidays that take ;dace and
then end of tie month, but the
supply of geode on the way will effectually prevent any improvement
in rime, which, in feed, are not likely to be maintained. Very little
has been done in the Export market during the fortnight, except in
Opium, which has been purchased to tome extent. There is a report
that the government is about to increase the import dales, by 3 per
cent, viz., from 5 per cent. to It
Corms Piece Gooos.—Large stocks of all kinds continue
on dealers' and importers' hands, end tits demand continues
dull as at last report—f3rey tweets are scarcely inquired for;
and we have no sales to report. Madapollams are nearly as dull of
sale, only 3,000 pieces coarse having been disposed of at Rs. 2 : 74
amiss per pleas.—Donartics have given way. fm pieces have been
sold at from Si. Iti to Re. 124 per piece. Shirting. have been sold
to extent of 2,230 pieces, at from lbs. 54 to Re. 7 per piece.
60 reed qualities continue steady in price; while 17 i SI
reed 40. inch have become so dull that a r. duction of a
couple of alines per piece mast be =brained to to ellket
sales, and 4S inch with difficulty command the rates mentioned in
last report Long Cloths : Of the ae, 1,3(15 pieces have been sold, at
from 4 1.16 th rupees to 54 rupees. The qualities sought after are
those usually purchased foe the purpose of being dyed and exported
to Sciede and Arabia, but even for these a reduced rate is offered.—
Heavy T cloths omit under the same remarks le regards prior, while
the lighter makes find no purchasers.—Bieached Jaccosets have ee..
ceded in value, and are in good inquiry.—Madspollams and Deranges
are uninquired fur, with heavy stocks.—lSO pieces Shirttail
have been disposed of at re. Si per piece. The remarks made on Grey
apply also to bleached Shirtings.-01 Lengeloths we have no Wee to
report.—Twilled Cloth has declined, and there Is little 'Lenin y for
it even at the reduced rate. Lappets have eold to extent
of ten pieces, at from rs. 119 sense to rs. 2 9 minas. Yee
low Jacconets, Satin Spots, • and Stripes, there la some ale.
mand. Dyed Goods Starched Mulls are in moderate in.
quiry, and Twilled Clothe are inquired fir to a considerabie
extent, with small node. Prints of suitable divine continue in active
demand. Of Turkey red plain cloth first bands are Ave, but the
bazaar dealers are pretty well supplied.
(not, YAWL—The fah 5 since our last amount to no more than g
tales mule end 110 bales water twist. Noe. 80 and 60 mule and 44
water are scarce, and are those most in demand. Noe. 20 mule and
10 and 30 water are uninquired for ; indeed, the demand tor newly
all descriptiees is extremely limited. Turkey red of firer
(Scotch) is in good demand, while rho rate for °wee bus dee=
sad green is not asked after.
_ _ .

11sraut—Prim of nearly every description of metal hare grim
way. Copper: Of this metal large /notice exist, and there is but bills
demand for any description. Iron: British bar, skeet, hoop, and nail
rod share in the general decline and want of inquiry. Swedish beg

. iron, pig and sheet lad, and Swedish steel are aft.* In the mine Mani.
Tin plates are heavy in Mock, and sales cannot be effected.
SAM price of this article has fallen of late.
COClUNlAL.—Notwithstanding the advance In the price of this arti-
cle in England, It has ...e'en gold here during the fortnight at a mimosa
rate—viz., 4,11001b5. silver, at re. 21; 3,ooeibs. at re. 21, and Wks. at
re. 2 114 a... per lb.
Bun—Very little doing; the only salmi we have lewd of having
been IS tihda Baas, at te.115, and 15 hhda. Smell (rainier) and CO., Ili
111. SO per hhd. Of Allaop'a the markat is completely hale.
Smarm—We have only beard of a sale of 200 tiftcen.heettle Wee Of
gin, at re. 14 per use. This spirit is in good demand, while brandy
continues dull and neglected. A alight inquiry exists forJainmea rum.
Manias flrestra.—!tales to a moderate extent in pitch, tar, and
paints, have had amt. A alight improvement has taken place in
cordons, and canvas la in moderate request. *Spirits of turpentine us
dull of sale, while oil of linseed is in demand. Paints are leas its
foe.

Carron Woot.—The purchases during the fortnight amount he
3,625 bale and 2,250 candies. ghostly after the arrival of the &u,
Mail the price of Compts slightly improved, but it has again begun le
fidl. The value of Dhollera increased by a few rupees per Lundy after
the arrival of the chine mull, and has maintained its price ever one.
Jumboosrer and New Breach to arrive is March have been purebred
in those districts at 95 and 94 Its. per candy respectively. A quantity
of new Camden& just arrived has told at 83 Rs per candy.
PIPPKIL—iOO candies Bhatooll bane been purcbesed at 53 rums
Ocandy.
nve.-3falwn maintains its baiter value, and the quantity
chipped monthly continues Liege—more offering for dispatch by the
Peninsula and Oriental Oompent's stamen than can be takes on.
houtinrs have been very dull throughout the past formate.
Tare was a slight improvement in the rates about a work ago, bee
they bars since declined, and we cannot quote them higher now thee
31. IL to London, and Si. 2.. 6d. per ton to Liverpool, rat which there
is nest to nothing offering. To Chine, engagements bore beat made
at 11 t tv. per may.
12zensmom—A tale amply of bills cane on from China by lad
steamer, end In 000•MIIIIX• of the rate tiers keHog 1141141101 d
is, ed. per dollar, the recipients here could afford to put with their
bills at • cheaper rate thaelise been current in Bombs, for earns rem
tie
rya te
formrreehaves.ttib' agusheshat,typ:trire:h.htot:trmwebanat r
been oseed.mdepee.""webut
mniritee:::!Ltheeir
thaws. memo( mikesa and we cannot quute higher this evening
than Is. I id. to 2s. limb banks have been lithe market aa salsas
at hi per rupee six months' sight. Calcutm bills are loan!. now the
we ever remember them W quote sixty days' sight rt.9B, Wady
days' at and sight bills ate 99 per Be.loo.
CALCUTTA, JAW. a IPSO. Sinn date ot eta
Iset report, 7th instant, the Elsa& mail of the
November bee some to bawl, reaching town on the leth lawest„
a day after the departure of the outward going mall. The dew.
titre of the latter bad been kept beck on. day, but the detemehe
did not saner the object desired. This makes or
I thisd Weems of tinge: theappointatest vithia elittt