The Sun.
London, England, 1854-01-12 00:00:00

COMMERCIAL INTELLIGENCE.

REPORT ON THE STATE OF THE BOMBAY MARKETS
FROM Nov. 28 TO DEC. 13, 1853.
We have little change to note in the money-market
since the date of our last report. Money is still obtain-
able on the same terms as have ruled during the last few
months, and there has been little demand during the
past fortnight. We have again to quote a fall in the
value of Government securities, owing principally to ad-
vices of the rate in Calcutta have receded nearly to par,
influenced by a report that the Government would be
unable to carry out their scheme for conversion of the 5
5 per Cent. Loan into 4 per cent. stock. The rumour
does not seem to be well founded, but some large parcels
of stock having been brought forward for realisation the
market has not rallied from the depression.
Since the departure of the mail on the 28th of last
month, although sales have been effected to a consider-
able amount, they have been mostly forced, and at unre-
munerative prices. The goods chiefly in request are
gray skirtings under 71b., gray jaconets, and Madapol-
lams.

Cotton.—Since the departure of last mail, transactions
in cotton have been chiefly confined to native shippers.
In consequence of last accounts from China and England
being rather favourable holders here have advanced the
price to 96r. to 97r. per candy for Broach, Jumbooseer,
and Surat, and 95r. per candy for Dhollera. -
Freights have remained steady during the fortnight—
to London at 31. to 31. 2s. 6d., to Liverpool 21. 17. 6d.
to 31., to China 16r. to 17r. per candy.
Exchange, owing to the small demand for bills on
England, arid many credits having come from China,
begins to look up. The Commercial Bank draws at
2s. 14d., and the best local draughts sell at 2s. 1 3-16 d.
to 2s. 21d., at six months' sight. On Calcutta rupees
99g ; on China, 235 rupees per $lOO at 60 days' sight.

BOIVIBAY MONEY-MARKET, DEC. 13.
EXCHANGES.
On London, at six months' sight, per rupee, 2s. 18d.,
for document bills ; six months' sight, per rupee, 28. 14d.,
for credit bills. On Calcutta, at 60 days' sight, rupees
99 30 days
sight, rupees 99i ; at sight, rupees 100.
i ;
On Madras, at 30, days sight, 991 ;at sight, 100. On
China, at6o rupees 235, nominal.
days,

BANK AND OTHER SHARES.
Bank of Bombay Its. 1,000 each, 39 per cent. pm. Sales.
Oriental Bank Cor- }
poration .......... ~ 250 do. 92 to 83. Sales.
Commercial Bank ,, 6,,,,,,00
, 34i percent. pm. Sales.
Agra Bank " ""u ',
40 per cent. pm.
Bank of Madras ,, 1,200
',
1,000 21 per cent. pm.
Apollo P. Cora ~ 12,500
1,, 12,000 20,000
Colaba P. Com ~ 6,000
Colaba L. Com. ,, 10,000 ~ 9,500
Bombay S. N. Com ~ 510 400 58 p. cent. dis.
Gr. Ind. P. R. Com ~ 54-8 0 paid in Bombay, or 51. in
in England, 2 . pm. each share. Sales.

_ .
GOVERNMENT SEourtrriEs.
Four per Cent. Transfer Loan Rs. 113 for numbers regis-
tered for transfer per 100 Sicca.
Five per Cent. Loan 1841-42 Its. 1014 to 101 i per 100 Co.'s.
Four per Cent. Loan 1832-33 ... 108,
per 100 Sicca.
10124 to 102 per 100 Co.'s.
Four per Cent. Loan 1835-36 •• .
Four per Cent. Loan 1842-43 •• • 101 i to 102 per 100 Co.'s.
PRICES OF BULLION
10 3-16 r. Nominal..
Sovereigns, each
Bank of England Notes 10 3-16 r. :::
per £, nominal.
Spanish dollars 234r.
•• . per 100.
Republican dollars 22Br.
•• • per 100.
German crowns 2l9r.
• , per 100.
Sycee silver lo4ir. to 1011 r. per 100 tls.
Gold leaf (range of
quality)
Gold ingots, according
to touch, for 97 touch 16r.

•• per tola.

••• per tola.

THE CALCUTTA nARKET, FRIDAY, DEO. 3.
The Bentinck steamer arrived on the Ist inst., with
London dates to the 24th of October, containing gene-
rally unfavourable commercial intelligence, and particu-
larly so as regard indigo.
We have no alteration to make in our last estimate
of the new crop, which, we still think, will be some-
where about 1,07,000 maunds. Thetransactions in sugar
have been, as may be supposed, very limited, and holders
are now willing to submit to a considerable reduction
of their previous demands ; the stock in the bazaar is
estimated at about 20,000 bags. An active demand
still prevails for hides at unaltered prices. Shipments
of linseed-to Great Britain have not been so extensive as
before, but an average quantity has gone on to America.
Jute continues in active demand at full prices. Raw
silk, lately in such high favour, is now rather avoided,
and the offer of a reduction of 8 to 10 annas per seer is
insufficient to tempt shippers to continue their opera-
tions in the article. Corahs are also partially neglected.
Saltpetre, though rather checked by the rise in freights,
is in good demand at a further advance of 2 to 4 annas
per md.

The slackness which appeared in our market for cot-
ton goods a little before the departure of the last mail
has not, we regret to say, been removed, the inquiry
from the Agra Presidency being still moderate. Scotch
fabrics are more buoyant. In mule twist, ordinary
low and middling 20's, 30's, and 40's are in less re-
quest, while 50's to 100's are in demand with some-
what better rates. Turkey red yarns are only in li-
mited demand, but prices are well supported. During
the last few days copper has declined, in consequence of