The Sun.
London, England, 1849-08-30 00:00:00

COMMERCIAL IN TELLIGENCE.

CALCUTTA, JULY 14.—The Bombay express of the
second English mail of May reached town during the
night of Saturday last, the 7th inst., putting us in pos-
session of London dates up to the 24th of that month.
Expectation was on tiptoe, and various speculations were
hazarded as to the probable character of the advices ex-
pected, and, while only a few indulged the hope of fa-
vourable news and accounts of an improving market, by
far the majority, looking with apprehension to the
threatening aspect of the political horizon of continental
Europe, could not wholly divest themselves of fears as
to the detrimental influence the disturbed state of politics
was calculated to exercise o❑ the home trade. The an-
ticipations of the former have been realised, and the mail
biings us news of improving markets; but at the same
time, the advices contain little calculated to dissipate the
fears of the latter as to the ultimate result of the storm
that is devastating Europe. To do, however, with things
as they are, it is gratifying to think that England has
as yet continued clear of the vortex of the storm; peace
and quiet reigned, money and credit continued easy,
and the improvement in the produce market was pro-
gressive.

- The indigo sales had closed with a satisfactory result,
showing an advance of 2d. to 3d. per lb. Of 5,465 chests sold,
about 4,465 were taken for export, and the remainder
for home consumption. Sugars had improved both in
demand and value, latter sales having been effected-
' grainy white Cossipore, 4715.; fine grainy white, 475. to
485.; mid. and good, 445. to 465.; damp and washed,
445. to 455.; fine white Benares, 42i5.; mid. and good,'
40s. to 405.; low, 3945.; good soft brown, 30s. to 345.
per cwt. Rice was dull, but value continued unaltered.
Saltpetre was also very dull, and scarcely any business
was doing in the article. Fine grey, 2ilbs. ret'r., was at
295.; good, 3lbs. to 3ilbs., at 285.; unrefracted, 28s.
Linseed was selling at 38s. to 41s. In E. I. Rum little
was doing, is. 3d. were the quotations. The jute
market was firmer, but no advance was looked for in
prices, in consequence of large imports. Considerable
artivals of hemp were also expected. Jute was quoted,
good ord. to mid., 131. to 141. 158.; good, 15/. 10s. Ma-
nilla hemp was in improved demand, and prices had ad-
vanced 20s. per ton. Auction sales of mid. were 341.;
ord., 291. ss. to 291. 103.

The week has been an active one in the export divi-
sion of our business, having received an accession of life
and spirit by remitters having more generally sought the
medium of produce for their remittances home. In in-
digo a little business has been done at extreme former
rates, confined to natives; these sales clear the market.
Sugars, after being in brisk and active demand for some
time, have, within the past day or two, somewhat
slackened in demand as well as value. Saltpetre retains
its position, and the tone of the market shows consider-
able firmness. In rice we have had a moderate scale of
operations, and as freights have a disposition to advance,
transactions in table will doubtless fall away. Raw silk
has been moderately placed since the mail came to hand,
although there existed a good demand previously. In
Cossimbazar corahs a pretty fair amount of sales is re-
ported, at a decliue, however, in value. Safflower has
continued to engage attention, and prices are without
any material alteration: sales have freely taken place.
In jute we have no operations to record, the market
last
being bare of desirable shipping qualities. Th
advises are not favourable. In hides a
sgt
foo d
busi-
ness has been done, at rather less fr rates.
Inquiry remains good. Linseed has asNoernthgagAedmebreitctaenr
attention both for the British
B how an advance. Mustard
markets, an. prices.
flood
ll requisition
i for the home
seed has likewise befnest.n
has been placed to a
market, atlull generally, Shell
at last. week's rates; and lac
very fair extent g
dye might have been taken ofT to a larger extent but for
the scantiness of. supplies. In ginger rather less busi-
ness; as been doing, confined to the Americans. In
. articles of produce we have reported:—Buffalo
minor
horns, 250 mds., at Co.'s Rs. 4.10 to 4-12 per tad.
Madras goat skin, 3,700 pieces, at 28 per 100; slaugh-
tered green cow hides, 1,600 pieces, at Co.'s Rs. 28 per
corge; green and dry ditto, at 23 rer corge; Patna blankets,
600 pieces, at 13.4 per corge; castor oil, 10 mds., at 13.8
per md.; Cuttack Cowrie shell, 200 mds., at 11-14 per
Ind. In produce of China and the eastward we have
had about an average Ecale of business. Block tin
shows improvement, and has been freely placed. The
foluwing are reported sales:—Pacbuck, 300 mds. at
Co.'s Rs. 6 8 per b. md.; block tin, 330 mds. at Co.'s
Rs. 27.12 to 27-12-3; cloves, 23 bags, at 0-9-6 p. f. seer;
black pepper, 630 bags, at 7-12 p. f. md.; gambier, 200
mak, at 2-7-6 p. f. md.; cochineal, 30 mds.' at 6 5; ele-
phants' teeth, 3i mds., at 170 to 180 p. br. sad., and

Singapore gold dust, 192 sa. wt., Sa. Ra. 13-6 per sa. wt.
TUE IMPORT MARILET.—The favourable features we
were enabled to report under this head have continued,
and the week has been one of more activity than the
preceding. Operations in cotton piece goods have been
on a very satisfactory scale, and generally- at steady
prices. Mule tNist has likewise kept the im-
provement, and operations have beer. neereee.
The same may be said of coloured yarns. In the metal
market there is 'hardly any alteration ; sales have been
on the usual scale. Details will be found under the re-
spective heads further down.
THE MONEY MARKET.—WhiIe from time to time we
are enabled to report changes, sometimes in one dine-
Lion, sttmetimes in another, under every other head, this
' marker continues to wear the same unchanging features
which have long characterised it. Supplies are abundant;
channels of investment few. The value of Government
securitie-s:is well maintained. The Bank of Beegal has
declared a "dividend at the rate of 6 per cent. per annum
on its operations fur the past six months to close of June.
While such:ls the reselt of the working of a bank pos-
sessed of exclusive advantages, the returns, ostensibly
more handsome of other banks, without equal advan-
tages, cannot but excite suspicion end doubts as to their
real position, even after allowance is made for the cramp-
ing effect of the rigid rules hick have guided the
operations of 'the former. Bank shares, since the de-
claration of the 6 per cent. dividend, have undergone a
decline, and quotations are at present nominal. Shares
of other joint-stock banks it is impossible to quote cor-
rectly.
Exchange—Operations in exchange have been on a
very moderate scale, and produce has been more gene-
rally availed of for the purpose of remittance. Our quo-
tations for the first class document bills are 14 101 i to
Is lOid per rupee at 6 months' sight.
Freights—Since our last the rates of homeward
freightage have fluctuated, aed at present show no ma-
terial alteration from our last week's figures. The ten-
dency is upward, notwithstanding the numerous arrivals
of the past few days. The market is firm, and con-
signees aro looking for higher rates.
Indigo—Some little business has been done by native
dealers at full rates, and we expect the last remaining
lot has been pla•ed.
BaMBAY, JULY 24.—Our money market continues
extremely easy, and capitalists have difficulty in finding
profitable ,means of investment. We expect, however,
as the season advances, to see money less plentiful.—ln
Bank Shares there has been very little doing at the quo-
tations given elsewhere. The Bombay and Commercial
Banks have just declared a dividend at the rate of 6 per
cent. per annum.
Piece Goods—A very considerable amount of busi-
ness in piece goods has been effected during the month,
and the stocks of grey tnadapollams, shirtings, and jac-
conets, are therefore just now very small; which is also
the case as regards bleached jacconets and shirtings. In
moat cases previous prices were obtained; a slight de-
cline having, however, been experienced on that for grt y
tuadapollams of the coarser makes. A brisk demand
exists for grey jacconets, and forty and forty-five inch
shirtings, up to the middling qualities, while for the
lower kinds of the latter a reduction in price to a small
amount has taken place. Coarse madapollams continue
depressed, and little sought after, while for the middling
sorts a moderate inquiry is made. For the better kinds
a considerable demand again exists. Bleached twilled
cloth, shirtings, and jacconets are readily saleable, at
good prices, and are in demand. A few lots of domes-
tics and longcloths in the grey have been disposed of.
The stocks of nearly all kinds of grey and bleached
goods are very low, as are also those of dyed goods.
Prints, Turkey red, are in a little better inquiry than
formerly. Twill is scarcely inquired after; while for
plain cloth the demand is active at advanced prices,
especially 28 yard pieces of 23 inch width. Fancy
goods remain as at last report. No transaction in them
have been reported during the month.
Cotton Yarn—For nearly all descriptions of cotton
yarn a good demand has existed, but without any
material change in price for No. 20 and 30 water, and
30, 50, and 60 mule, the former of which has slightly
improved, while the latter has somewhat receded. No.
40 mule has advanced in price, while No. 20 remains
uninquired after. Dyed Yarn—Turkey red is extremely
dull of sale, while orange is in demand.
Ball Thread-3,0001b. Nos. 20 to 60, have been dis-
posed of at 13% per pound.
Woollens—No business in any kind of woollen cloths
has been reported. Stocks continue light. The scarcity
of flannels of all descriptions continues.
Metals—Considerable sales in copper and iron have
been made during the month, and the demand for all
kinds is active. A sale of speller has taken place at
Rs. 11 per cwt., at which holders are unwilling to sell.
Of tin plates the market is bare.

Red Lead—Of this article 200 cwt. have been sold at
Rs. 15 per cwt.

White Lead 100 cw•t. have been sold at Rs. 12k
per cwt.

Cochineal--3,6001b5. at Ro. 2.11 i annas, and 5,5001b3.
at Rs. 2-104 annas per lb., have been sold since our I.tst.
Large Stocks exist in the market.

Crown Glass-700 boxes of sizes varying from 6 by 4
to 24 by 20, have been sold at Rs. 10} per 100 feet ;
and 300 ditto, 4 by 6 to 6 by 8, at Rs. 9.
Lemetta —Eight cases Lenietta, half gold and half
silver, have been disposed of at Rs. 2-14 annas per
eorge..

Marine Stores—Spirits of turpentine and oil of lin-
seed are in demand. Paints and cordage dull. Of can-
vas, bleached and unbleached, there is little at market,
and they are in demand.
Saffron—No sales have been reported in this article,
which is in request, the stock in the place being com-
paratively small.
Spirits—But little inquiry has been made for brandy,
and the demand for gin has been limited.
Beer--The only sales we have heard of are-40 hhds.
Allsopp's, at rs. 621, and 100 Bass's, at rs. 55, which
we quote as the rates of the day.
Exports—Cotton Wool—As will be seen by the list
give❑ below, extensive sales have been made in this
staple since the 24th ult. The prices realist d have been
in general lower by from rs. 2 to 3 than those obtained
last month ; and it is expected they will recede still
further, owing to the unfavourable accounts received
from China a few days since of the market there for
this article.

Opium—Owing to the favourable prespects of a good
crop next season in Malwa, and the depressing accounts
last to band from China of the price there for the drug,
the market has here become dull. Previous to Saturday
last it had been steady throughout the mouth. The
stock now in Bombay amounts to upwards of 2,000
chests. Our quotations of 1,375 rs. to 1,425 rs. per
chest is merely nominal, as we have not lately heard of
any sales.

Freights—Rafes of freight have been very steady
during the past fortnight, and engagements have beta
made to Liverpool at 31. ss. to 31. 7s. 6d. To London
we quote 3/. ss. to 31. Its. Gd. as the ruling rates; and. to
China rs. 1 to rs. 12 per candy.
Exchange—China Bills have been selling at Is. 100.
to Is. 10 9-16 d. six months' sight, at the former of which
rates the Oriental Bank has also been drawing. The
rate has a downward tendency.

COURT CIRCULAR.
Their Royal Highnesses the Duke and Duchess of
Cambridge, accompanied by their Royal Highnesses the
Hereditary Grand Duke and Grand Duchess of Meck-
lenburgh Strelitz and the Princess Mary, left their resi-
dence at Kew yesterday morning, and proceeded to the
Euston-square terminus of the London and North-
Western Railway. Their Royal Highnesses took their
departure by a special train for Plasnewydd, Anglesea.
Baron Knesebeck preceded their Royal Highnesses to
Plasnewydd on Tuesday.
Earl Grey has left his seat, Howiek-hall, Northum-
berland, for Drummond Castle, Crietf, Perthshire.

PLYMOUTH GREAT WESTERN DOCKS.—The half-
yearly meeting of the Great Western Dock Conq any
was held at Storehouse, on Monday, for the transaction
of general business. Colonel Barris, of Radford, was
in the chair. The docks have been stopped iu cone-
quence of the low state of the finances. It is now pro-
posed to carry a line of railway from the quay in the pier
to the South Devon Railway, and to build a quay 300
feet long (in course of erection) by 50 feet deep, so as
to accommodate from 30 to 35 vessels discharging at
one time. The amount of unpaid shares was 2,760/.;
and the company was entitled to raise 30,0001. in do..
benturo bonds, only 12,0001. of which had been bad.
There were no resolutions agreed to of any importance,
and a vote of thanks being passed to the chairman, the
meting separated.

INSOLVENT DEBTORS COURT.—This court will be
opened on Monday for bail cases and motions, and on
that day fortnight for the hearing of cases. During the
recess the several courts have been painted, and other-
wise improved in appearance. Sittings are appointed
for November. According to the Act of Parliament,
the Commissioners have power to adjourn for a period
of six weeks, which time is generally taken, but bail
days are appointed in the interval. One bail day has
occurred, another is to take place on Monday next, and
others are expected to be named.
SAILORS' HOME.—IIENEVOLENCE OP TILE QUEEN
DOWAGER. On its being intimated to the Queen
Dowager that the sum of 40oZwas required to complete
this building, by the erection of the eighth and last dor-
mitory, her Majesty, through Earl Howe, sent to the
chairman of the society (Admiral Hope) a letter, which
stated " That her Majesty is so well assured of the in-
terest the late King would have taken in any object for
raising the character of his own glorious profession, that
her Majesty cannot resist the pleasure of contributing
the 4001. required to complete the dormitories," This
last erection has been named the " Royal Adelaide
Dormitory."

TUE WESLEYAN COIIFERENCE.-13R1STOL, AUGUST
29.—A crowded meeting was held last night in the
Broadmead Rooms, in this city, Mr. J. Copp, in the
chair. The chairman explained the object of the meet-
ing to be to take into consideration the cause of expul-
son from conference of the Revs. J. Everett, J. Dunn,
and W. Griffith, jun. Several gentlemen addressed the
meeting, and resolutions. for removing the sentence of
expulsion passed upon the rev. gentlemen, and pledging
the meeting to use all proper means to get
the obntcloa.
us
resolution of the conference of 184
was
rescinded,were car-
ried unanimously, and a subscription as°Pencd for the
c. f
expelled members. Mr. Hill was appointed_ s
wastreasureroat
to
the fund to be raised, and a vote of thank
the chairman.

KIDDERMINSTER ELECTION.—WEDNESDAY, AUG.
29.—The writ for the election of a member for this
borough arrived in Kidderminster 3esterday. The
nomination is fixed for Monday, and the polling (should
there be any) for the following day. Mr. Bst (Pro-
tectionist) and Mr. Gisborne (Liberal) are the oul j can-
didates in the field. It is expected to be a severe con-
test. Mr. Godson's majorities varied from fifteen to
Histwenty•five. successor, be he who he may, is not
expected to win by so large a number.