The Sun.
London, England, 1840-02-19 00:00:00

THE MARKETS-(YESTERDAY.)

(Fron the London New price Current of Feb. 18.)
'UQAR.—From the grocers there was a brisk demand
for West India Muscovadoes Sugar last week, and the
merchants obtained an advance on the previous rates of 6d
for brown, and is for all yellow kinds, and the latter
were the most in request, particularly those with colour,
and of which the supply was small. For refining purposes
there was a pretty good demand, and the prices paid
were 61 above those previously quoted. The total purchases
amounted to 2,200 hhds and tierces since Tuesday last,
and a larger business would have been done if there had
been a better show of grocery Sugars. The arrivals since
eur last have been trivial, whereas during the same time
in 1839 several vessels arrived, and the deliveries very
large. The stock has further diminished.
This afternoon the grocers evinced a good desire to pur-
chase West India Sugar, but the indifferent show operated
against buying ; still there was a fair business transacted,
and the prices paid are fully equ to these of Flidgy.
From the refiners the demand was steady, and previous
rates were well maintained. The purchases amount to 600
hhds and tierces, and the market closed with a firm ap-
pearance. The deliveries from the warehouses are still
large. There was no auction of Barbadoes; but 100 hhds
are declared for next Friday.
The stock of British Plantation Sugar is now 20,847
hhds and trs, which is 1,913 less than last year at the tame
period. The stock of Mauritius is 37,895 bags, being
9,649 less than last year. The stock of Bengal is 42,392
bags, which is 7,491 more than last year. The delivery of
British Plantation Sugar for the last week was 2,254 hhds
and trs, being 643 more than during the same time last
year. The delivery of Mauritius was 5,504 bags, which is
343 less than last year. The delivery of Bengal was 1,452
bags, being 292 more than during the corresponding week
last year.

RIFINED.—The home trade have purchased freely of all
descriptions of Refined goads, paying advanced rates;
standard Lumps have fetched 79s 6d to 803, rather inferior
74s to 795, and good brown Lumps 77s to 77s 61 per cwt.
Pieces have found a ready sale, and prices have improved
to 70s to 73a for fine, and 60s to 695 for other descriptions.
Bastards of low quality have been in steady demand, and
the better kinds have sold freely at rather higher rates.
Treacle of common quality is wanted, and 323 61
offered, but the supply being short has re-
strict ed buying. In Patent and the best old
make a good many purchases have been made at 33s 63 to
355. A large business has been done in Bonded Crushed,
34s 63 has been paid for present delivery, and 34s 3d to
wait a few weeks. Loaves sell more freely at rather higher
prices, 14, 10, and Gi bs are fetching 37s to 43a. Treacle
has become scarce, small parcels fetch 13a. In Pieces
some sales have been made at 24s to 275, but Bastards
sell slowly at 16v 6d to 183 per cwt. In Dutch Crushed
Sugar there has been more business doing ; 200 hhds have
been sold at als 3d on board at Amsterdam.
To-day the grocers have been free buyers of reined
goods, but prices cannot be quoted higher than last week.
Treacle in good request at 82s 61 to 353; common sell
the most freely. For Bastards and Pieces the demand is
excellent, particularly for good sorts, and prices are on
the advance. Bonded Crushed Sugar is held firmly at
343 3,1 to 34s 6d, at which there is still a large business
doing.
MAURITITS.—Previous rates have been fully supported,
and a good demand has prevailed by private contract for
nearly all descriptions. At auction, 3,216 bags of the new
crop sold briskly at stiff prices ; very low to middling yel-
low fetched 61s 61 to 635, good middling to good 64s to
665, a favourite mark low white 683 to 633 6d, good to fine
brown 393 61 to 61s 6d, very ordinary and middling Ma 6d
to 583 per cwt ; other parcels are declared for public corn
petition. There have been several arrivals since we last

wrote. The clearances from the warehouses have again
been large.
This afternoon the biddings were brisk at a public sale
of 5,375 bags of the new crop; the whole were disposed
of at full former rates ; and fine kinds brought in somo
cases 6d advance; fine yellow fetched 67s to 68s, good
66s to 66; 6d, good middling, 64s to 655, midddng 63: to
63; 6d, fine brown 60s to 603 6J, middling and good
middling grey at 63s to 64s 6i, good 663 to 66i 6d per
cwt.

EAsr INDIA.—From the refiners the demand has been

good for Manilla, and, although we cannot quote prices
higher, yet former rates have been fully supported ; the
shippers, however, still buy sparingly : the private sales
have amounted to 3,000 bags, at 21s 9d to 225, for low
middling yellow, and 21s for good brown : at auction,
5,502 bags sold at 19s to 193 6d for low brown, 21s to
to 21s 61 for low middling yellow, 223 to 233 6d for
middling to fine greyish yellow, and washed 20361 to 223 per
cwt. Java is not much wanted by the shippers, but the refi-
ners have been buy era to a fair extent of most kinds at previous
rates : for auction at Amsterdam on the 27th, 42,842
baskets 1 300 mats, &c., are declared. All the parcels of
Siam offering for sale have been disposed of at prices on a
par with the auctions, which occurred on this day week.
The few parcels of dry white Bengal offering privately
have been taken readily by the home trade, and the ad-
vanced rates established on this day week have been fully
supported ; buying has been restricted in consequence of
the short supply.
This afternoon there was was a good demand for Bengal
for home use ; there were three public sales consisting of
5,645 bags; 2,000 bags were taken in, being held for ad-
vanced rates, viz. fine white at 71s 6d to 72s 6d, low white
66s to 67s 6d, damps and washed 62s to 675, the remainder
was all disposed of, and at full former rates, fine dry white
realized 71s 6d to 725, good 70s to 711, damps 693 6d to
70s 6d, washed 63s to 69; 64 inferior 6-1:i to 6d, ordinary
brown 51s to 53; 6d per cwt.
FOREIGN. —The refiners are still in want of Brazil of low
white, brown, and grey descriptions, but buying has been
checked in consequence of the short supply; the parcels
disposed of have been on full former terms ; for export
there are yet few orders : good and fine white kinds still
sell slowly, but prices remain firm ; there has been no
public sale, but 400 chests Bahia will be brought forward
on Friday. There are buyers of yellow Havannah to a
fair extent at the rates established at the late public sale,
but the merchants not being disposed to sell on those terms
have caused the private sales to be limited, and none has
been offered at auction. White is still neglected, and
prices are uncertain ; if the merchants were to force sales,
they must accept prices much under those quoted.
MoLasses.--For West India there has been a good de-
mand, and previous rates have been fully maintained ; by
private contract ordinary St. Vincents has been sold at
31s 51, and good Demeraras 33s 6d to 34s ; at public sale
105 puns 38 casks good middling Barbadoes were taken
in, but sold afterwards at 36s to 36s 61, and 189 puns
dark St. Lucia at 325. The quantity offering for sale is
small.

Tta.—For Free Trade Tea there was an active de-
mand towards the close of last week, occasioned by the
alarming accounts received from Canton ; speculators as
well as the trade purchased freely, and the prices paid
show an advance on those previously quoted of 3id to 4d,
Congou of common quality for cash 2s I Id to 2s I lid, with
a prompt 3s to 3s Id; Twankay common for money
3s Id to 3s and 3s 2id to Is 3d with a prompt;
the former was the most in request, and at these rates
some of the merchants refused to sell : all the parcels
offering at reasonable prices were bought up. In Com-
pany's Congou there was a good deal of business done at
the improved rates of 3s Id to 3s lid for cash, 35 2d to
3s 2fd with a one, and 34 3id to 3s 4d with a two and
three months' prompt, and the market closed on Saturday
with a firm appearance ; but yesterday,to the surprise of many
parties. it assumed quite a different appearance, and at
the monthly sales, consisting of 94,000 packages, or
6,515,0001b5, the trade evinced ♦ery little inclination to
purchase at former rates, although they were present in
large numbers from all parts of the country; capitalists
were also not disposed to make further investments, and
the biddings throughout the day were very languid ; the

merchants generally appeared determined to protect their
Teas, and bought in and withdrew large parcels at pre-
vious rates ; on the other hand, when they wero
disposed to realize they were compelled to submit to a re-
duction on the prices paid in the market towards the end
of last week of id to 2d for Congou, 2d to 21-d for Twan-
kay, 2J to 3d for Ilyson. Ilyson Skin is 3d to 4d cheaper
than in the early part of January, Imperial Id to 2d, Orange
Pekoe 2d to 31, and rather lower rates were accepted for
other descriptions ; even at this decline the trade show

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little desire to do business, and of the quantity passed
the hammer, amounting to 15,000 packages, only 3,100
packages were actually disposed of, the bulk Twankay
and Congou ; the decline as compared with the prices paid
at the sales on the 24th January is lid on the former, and
Id on the latter; the principal merchants, however,
will not sell at any thing like the prices buyers offer, in
consequence of the increased embarassmcnts thrown in the
way of the trade between this country and China,
and the general opinion is that as the sales pro-
gress, buyers will come forward with more confidence,
particularly as many of the merchants are not inclined to
reduce their pretensions. The following are the prices ac-
tually paid at the sales,—Congou but mid blackish leaf and
rather strong and little Pekoe flavour 2s 11id to 3s OP,
ord 101. ; Twankay but mid rather coarse yellowish lest 2s
lld to 2s 11+3, but mid brightish leaf 2s lld to 2s 11/d,
middling 33, good brightish leaf Imperial kind 36 6d;
Caper good middling 23 11d to 2s 1 lid ; Orange
Pekoe but middling rather fresh burnt 2s 7+d to
23 8d; Hyson Skin good ordinary yellow leaf 2s G+d to
2s 61c1; Hyson good mid rather fresh palish leaf 4s 81d to
4s 9.1; Imperial but mid brightish leaf rather coarse
3s 81d ; Hoolong mid rather fresh burnt Cap flavour
2s 91d to 2s 10d ; Pekoe good mid rather old and rather
flowery 2s 1 lid to 3s Oid per lb.
Company's Congou is less in favour, and sales have been
made at 2s 111c1 to 3s for cash, and 3s to 3s 9cl with a one,
two, and three months' prompt. The deliveries of Tea
from the warehouses last week were pretty good, amount-
ing to 385,000 lbs. Duty has begun to be paid on the
cargo of the " Marmion" from Hong Kong, but the cargo
of the " Eucles" from the same part, with 3,762 cheats
2,644 chests and 1,000 boxes of Tea, has been stopped by
the Customs in consequence of her not having the certi-
ficate of the British superintendent, the Tea having been
put on board by the Americans. Oa this subject an appli-
cation has been made to the Treasury by Franks,
Williams, and Co., which has been referred by the Board
of Trade to the Customs, and the Commissioners' report
thereon was sent to the Board of Trade on Saturday.
The question, therefore, now remains far tho decision of
the Privy Council.
To day there was a lingo muster of the traCe at the Tt a
sales, but the merchants generally act baing inclinel :o