The Sun.
London, England, 1847-04-01 00:00:00

The commercial intelligence by this opportunity,
although of considerable importance as regards several
of our principal import and export staples, has as yet
been productive of but little effect in this market; foe.,
as regards the former, although the enhanced value or
yarn, manufactures, &c., at home, will probably even-
tually cause a considerable reduction in shipments to this
country, the native dealers, looking more at the supplies
at present available here and the tightness in the money
market, have not shown any disposition of submitting
to an advance on any but the former staple, and the busi-
ness done has been on a comparatively moderate scale.
In produce the animation which, under other circum-
stances, might have been reasonably expected to have
resulted from the more favourable advices received for
several staples, which have been declining in value here,
has been checked by the almost unprecedented scarcity
of tonnage, and the extreme rates demanded iu conse-
quence; the improvement in the home markets having,
been almost exclusively on our most bulky staples and
those least capable of bearing a high rate of freight.
Our exchange on England has again advanced, first'
rate 10 months' date paper having been let off to some
extent at 2s. Id., and the further upward tendency ill
apparently only checked by advances against shipments
being still obtainable from Government at 25., which has
been taken advantage of to some extent lately ; the
amount drawn from this source from the opening of the
warehouse in October, up to date, being about 2,400,000
Company's rupees, upwards of 2,000,000 of which have
been taken within the past month.
The money market continues tight, both as regardS
the European and native community, with no immediate
prospect of improvement ; and Government securities
and Bank Stock have, in consequence, declined irs value,
although quoted norrinally, as before, there having been
but little doing in them.
In freights a very material advance has been esta;
blished, and although many parties have as yet refrainer;
from operations at the rates current, we must say,
taking all circumstances into consideration, we think
there is every prospect of their continuing to rule higt,
for some time to come, except in the event of accounts
being received of a very considerable reaction in the
home markets, which does not seem probable.
Indigo—The accounts brought by the Bentinck Of
prices at home being firm at 3d. per lb. advance on Oe:t
tober rates, with a prospect of further improvemen,
gave great confidence here, and buyers came forws!.‘,l
freely; almost the whole of that offered at the public
sales (which have continued to be held on five days out
of the week) being taken at full prices, and the small
portion bought in or withdrawn being so done on account
;
of the owners anticipating an advance. During the pmt
few days, however, rather less animation has been ° •
servable, owing to the paucity of shipping rendering it,„
matter of difficulty to obtain documents in time for tad
present mail. As it does not seem probable that any
advance on the present currency will be paid unless I_,t
mail now due brings advices of a further improvemeTon
home, we think large shipments will soon go forwardplanters' account, should the export warehouse contin
open at the present favourable rate of 2s. per rupee; 05,.„
should this be the case, we should not be surprised to,sso7)
the market cleared by the 15th proximo, as out of the Avow
maunds, or thereabouts, which remain to Pass!, tan
Custom-house, about 15,000 maunds have already
heic-b
sold, and as much more will be shipped direetsrwro
only leaves 20,000 maunds to be disposed of. -`t -ea
appears doubtful whether the French will take off rot
6,500 chests this season, as all the tonnage on vessels at
present in the river is engaged; the Americans and 0.•
guls also seem disinclined to operate, and will most pro'
bably not purchase to near the usual extent, eiPecte of
the latter, who will very
possibly not take more 4""
1,200 chests.
t the
As the sales proceed, we regret to perceive tit-
quality is in most instances far inferior to last year, ewe
pecially for those generally known as first marks's lye
trust, however, that the planters will have perceive"ba,
injury they are doing themselves and the dye, and,,tr.
weather permitting, the next crop will turn out bet the
On comparing the exports up to this period fb.r kill
past four years, a statement of which we annex, I" of
be found that those of the present are very considers
the shortest. 1 To
EXPORTS OF INDIGO FROM CALCUTTA FROM NOV.
PEri. 16 (INCLUSIVE), FoR7TiIE PAST FOUR I,IBE4ARS184,
Chests. F. Aids. Chests. 61'. 037‘
France
Great Britain
10,420 39,789 ... 13,859 51:904
4,195 15,539 ... 6,685 2304
North America 514 1,705 ... 190 760
Red Sea and Gulphs 314 1,085 ... 231 SO
All other parts 0 0 21
--------
--------
--------
76,908
Total
1844. 184t..30.
Chests. F. Mds. Chests. ~3,326
Great Britain
France
North America 642 2,207 ..• 365 306
Foreign Europe.— 0 0.. 90 1,70
Red Sea and Gulphs 359 1,152 . . 628
.---- 60
Total
Sugar—For a few days after the arrival of the
rather
there was an active demand for this staple, anti
ed in ourlarge business was done at about the rates qu tictioa.
last, and iu some instances at a further slight re„:to or
the native merchants having continued anxil tonnage
lize; suEsequently, however, the scarcitY COo'
began to have its eff, ct, and although the locaares aSt:t
tinues well supplied with low and middling Ling.;
good date sorts, there has of late been at t';,
however, seems probable that holders, 10.01 l en
co
state of the new crop, which will ,gain
to arrive in about two months, will ere loaF_suulio'
duce their demands sufficiently to induce a re 15t DO/.
of operations. Exports to Great Britain, frora
up to date, amount to 61,185 maunds. het°
Saltpetre —The favourable advices receisred,fr,°:by the,
for this staple have been rendered of no 'eut'...d °req..
steady advance in freights, which has render Gina the
Lions in it almost impracticable, notwitv,h.sininnag sh°o,
further reduction which holders would be tow
mit to. For France also, the same circures%
curtailed shipments ; and even for Americo%t clew the „boleti
has of late been far Iron, brisk ;
the market continues in much the
we last wrote. ssoamtheaptOsition as Whe

date, have been 15.6

E Exports from Ist instant up to '
follows, viz.:—
To Great Britain ... 8.656 matal(ls*
•.•
France ••• 6,827 rnaunds.
••• •••
North America •• ''. 8,301 maued!'4,
Rice—On receipt of the mail of the 24th of Decerrolor
general disposition was manifested to operate in rice u'ts
the European markets, but the steady advance in freip.,
from 61. to 61. 65., and ultimately to 71. per ton of tvve7,4
cwt., combined with the probability that in the prs..P,
scarcity of shipping any extensive operations would 14
duce a further advance, kept many parties out of tell
market, and the business done has in consequence beet.,
comparatively moderate. In prices we have scarce_,
any change to notice, table having ranged from 1-,t!s.
for mixed to 2r. for middling, and 2-4 r. for very superwa
quality ; the latter, however, I:wing an extreme rate, tin
only paid in a few instances.
For Mauritius suitable descriptions continue to go
forward freely at about previous quotations.
Exports from the Ist inst.o itilpr te oe :
d 24
idateo6 01
06 have been ii°
follows, viz. :--
To Great Britain 39,597 maunds.
Mauritius
it‘w
Silk—The
almost
which holders of late have beenP
past
lastst te n inducedda),s ; athfee winpquurichas,e.ers to
moderate amount of sales have
extensive or general, and inquiry
t hiosu, been reported. duringrwo
come
willing
o mn
et 1
tyf
00
forward,
tvl
co
acvere
dp ? t fan!' n it!
is said to be considerably reducegdhh,owtleeevssehtr°cOuksltdiiirlithfeianarkicil'4;flV
in the liofussil must still be unusually heavy oust
ports to Great Britain, from Ist inst. up to date, arn
to 766 mends.
Silk Piece Goods.—A moderate inquiry continues _
t
be experienced for these fabrics, and the quantity v,
good cloths lately offering having been rather limiteo,
previous quotations have been fully maintained ; in ini
ferior descriptions there has also been more doing, fii •
shipments have been going. forward to Great Britsia
pretty freely, those from Ist inst. up to date amountil
to 25,265 pcs. Corahs, and 2,939 pen. Choppas 011
Bandannas.
Shell Lac and Lac Dye—There being nothing in
tb°
late advices to induce purchasers to come forward,
gie
have to repurt a continuance of the activity which b:„.
been observable in this market for some time pasi,
ness in both articles being completely at a stand.
Exports from the Ist inst. up to date hsve beel
follows, viz.:—

Lac Dye.
To Great Britain
France 7

North America
Oil Seeds—Business in these seeds, as regarils,in
home markets, has continued confined to occasional e 1,,:
aents as broken stowage; although the Americans ec',
been
iinue in the market for linseed, the sales effected barsee n very moderate, and prices have a downWsh
tendency.
Exports from the Ist inst. up to date have beet" 95
follows, viz.:—
To Great Britain, 1,620 maunds. 1,921
,6
France
North America, 1,759 " 0 t.i•
Jute—The rates of freight now demanded for 'th
staplet. being completely prohibitory, business in it, serel
3,lustardiuSatieent.
had been
of a few parcels tor which shipping or._es
been previously secured, is at a stand, and pm
nominallyis as before. Exports to Great Britain fro
n '
°inst. up to date, amount to 8,700 maunds.
Pimp—Since the completion of the shipments %es-
ferred to in our last this market has been quiet, atited
prevailing. tightness in the money market, eerc"--,je
with the near approach of the day for the fourth Is .is
rupees, and
d), has been the cause of a gradual dt clii3eol's
prices ; Patna being now quoted at 1,210 Cotorilli
and Benares at 1,185 rupees per chest. hide
Hides—Since the departure of the Precursor the} de.
Aa.
market has been quiet, purchasers holding out for * "1,
cline, which has been submitted to on the few Par°
that have been sold. Stocks continue on the increase+
especially of buffalo. as
Exports from Ist instant up to date have been
follows :
To Great Britain ... ... 36,200 pieces'
France ... ... ... 30,200
North America ... ... 8,130 "
FROM EROPE.
British Cotton PieceIMPORTS Goods—TheUsomewhat improves
inquiry for these fabrics, as noticed in our last, has °lit;
tinued ; and although dealers cannot be induced 0
militant to any decided advance, and the business d°T3
has been moderate, they have been taking deliver"
.of former urchases more readily than was to ha
~0
been expected in the present state of the money maticel:
Importers continue desirous of reducing stocks, en's
notwitt•standing the enhanced value of most goods I_,t,
home, 1-live, generally speaking, continued to rcalise,3.
about the previous currency, being induced thereto l';