The Sun.
London, England, 1849-05-24 00:00:00

REPORT ON THE STATE OF THE BOMBAY MARKET! PROM

THE 2D TO THE 16TH OF APRIL INCLUSIVE.

Monday Afternoon, April 16.
The past fortnight has by en characterised by the same
inactivity in the import market as that which preceded
it, owing to the non• arrival of fresh supplies. Notwith-
standing this, the state of both the import and export
markets continues healthy. For cotton wool an in-
creased demand has existed, and large quantities have
been purchased for the home and China markets. The
money market continues easy, any quantity being ob-
tainable at the banks on unexceptionable security.
Piece Goods—The scarcity of these fabrics in the
market had the effect of causing the small quantity ar-
rived by the Lady of the Lake to be eagerly purchased.
A portion of these had been sold to arrive, and the gray
and bleached shirtitigs and jacconets, bleached mada•
pollams, and gray longcloth and T cloth, brought by
her, were bought up at prices in general higher than
those previously ruling—viz., 2 annas on 40-inch gray
sliirtin, 4 on jacconets, and 2 on longclotb. Of all these
fabrics the market is bare, and the first arrivals will
Imeet with a rapid and advantageous sale. No improve-
inent in the price of gray tnadapollams has yet taken
place, though they are in good demand. A fair demand
exists for j Acconet check, satin stripe, and bleached twill
; cloth; but for satin spots little inquiry is made.
i Fancy Goods—Of these gray and bleached mulls and
stripes, book muslins, chintz dresses, bleached scarfs, and
! purple coloured mulls, are chi( fly inquired for; low to
I middling quality lappets, grey dhouties, and harness
I mulls dull. A fair ii.quiry exists for Turkey red d)ed
plain cloth, while twill cloth and prints of the same dye
I are but little sought after. The stock of the former is
small.

Cotton Yarn—Nos. 30 to 50 mule command increased
prices at the present time; fend all numbers, of both this
and water, are in brisk demand. The sales during the
fortnight amount to 80 bales of the former and 85 of the
latter, as fAlow:-30 bales of mule, 300 each, No. 20, at
5i annas per pound ; 50 bales of mule, 2001 b. each,
No. 30, at 7k annas, and 40 at Si annas per pound; 40
belts of water, 4001 b. each, Nos. 20, 22, 24, 26, at 6 7 16
annas per lb ; 45 bales of water, 200 each, No. 20, at 6i
annas, and 30 at 8} annas per pound.
Dyed Yarn—The only sale effected during the fort.
night has been one of 45 bales of orange, Nos. 30,40, 44,
50, and 60, at 124 annas per pound. But little remains
in first hands, and the demand is good. For Turkey
red no demand exists, anti there is but small chance of
improvement for the present.
Ball Thread—A sale of 5,0001 b. (Abell thread, Nos. 20
to 60, has been effected at 12i wines per lb.
Woelltns-6,500 yards of scarlet, green, and blue
cloth, have been sold at qr. per yard ; and 2,303 yards
scarlet and green at I;,r. per yard.
Cochineal—Two sates of this article have taken place,
one of 2,0001 b. at 24r., and one of 1,2001 b. at 2r. 13
annas per lb. Nearly 24,0001 b. of the supply received
by the George Buckham still remain on hand, and further
large importations are looked for, the knowledge of
which has had the effect of inducing purchasers to enter
the market less freely than they otherwise would have
done.

Metals—lron—The stock of British bar is small, and
scarcely any demand exists. No sales have taken place
in any sort of this metal except round nail rod, of which
125 candies have been sold at 50 rupees per candy. Of
sheet the market is bare, and both it and hoop are in fair
inquiry. Nails and square rod are dull. For Swedish
iron, both flat and square bars, the demand is good, and
better prices are obtainable. Swedish steel offers no
change in price to notice. The value of sheet and pig
lead is lower than nt the date of our last. Copper pre-
sents nothing wort! yof remark. Sales of 800 cwt. of
tile at 561- rupees, and 125 cwt. of braziers' at 66i rupees,
have taken place since our last. In spelter nothing has
been done. Of tin plates scarcely any stock exists, and
they are much wanted.
Saffron—A further decline in the price of this article
has taken place; 5001 b. having been sold at 11i rupee.
per lb.
Beer—A batch of Allsopp's last October brew has
arrived, having been sold previous to arrival at 80 rupees
per hogshead; at which price Bass's is also being dis-
posed of—quantities not known. 30 hogsheads of Ten-
nent's have been sold at 30 rupees per hogshead.
EXPORTS.

Cotton Wool—The arrivals from the interior during
the fortnight have been considerable, and notwithstand-
ing the sale of upwards of 13,500 bales, the stocks are
still heavy. The accounts from England by the last
mail had a depressing effect on the market for some
time; the prices of all kinds fell, and considerable pur-
chases were made for the home market at low rates.
During the last few days these have improved, and, but
for the scarcity of tonnage, would rise still further. A
greatly diminished crop is this year expected in Guze-
rat. During the fortnight sales to the extent of 4,8i5
bales of Dhollera, 8,600 bales of broach, 400 candies of
Oomrawuttee, and 150 candies of Mangalore, have been
effected. _

Opium—Stocks moderate, and price of Malwa well
maintained. The quotation of the day is 1,400 r. per
chest.

Freights—The rates to Liverpool are now 4/. 2s. 63. to
41. 55.; to London, 41. per ton; and to China, rs. 13} to
13i per candy. These are rather higher than at the
date of our last, and have been caused by the activity
above mentioned in the cotton market. There are now
scarcely any vessels in harbour unengaged.
Exchanges—The rates of the day are, for document
hills at six months' bight, Is. 104-(1.; for credit bills,
Is. 104- I.; and for bank bills, is. 10d. For three
munthb' sight bank bills, Is. 91d.; two months', Is. 9id;
and one month, is. 9d.; the two latter being lower than
the rates quoted in our last, the former a shade higher.