The Sun.
London, England, 1847-05-25 00:00:00

COMMERCIAL INTELLIGENCE.

(From the Calcutta Overland Price current of April 7.)
The arrival of the Government express, via Bombay,
on the 22d ult., puts us in possession of intelligence from
home up to the Bth of February. The commercial ad-
vices were, however, again of much the same tenour as
by the previous opportunity, the only circumstances
ulculated to produce any effect here being the lowering

of their rate by the Court of Directors for draughts on
this treasury from ls. 11d. to Is. 10d. per rupee, and it
report that the cultivation of indigo in Java was to be
discontinued; the former had the immediate effect of
lowering our exchange on England nearly 4 per cent,
being expected to induce extensive remittances, both for
local reqeirements (for which parties here would other-
wise have had to draw) and for exchange operations ; •
the amount, however, actually received by the mail abo
referred to not having been particularly heavy, and it
being uncertain whether the Precursor would be in
before the dispatch of the present mail, drawers have of
late been manifesting more disposition to operate, and,
as a natural consequence, the - rate has again bad an
upward tendency. The report regarding Java, although
of considerable importance, was too vague to produce
much effect here; but its confirmation and full pada-
lars are anxiously look, d for.
Transactions in produce have been on a moderate scale
throughout the past fortnight, the somewhat unsettled
position of the home markets, by the last advises, for
one or two staples hitherto in brisk di mend here baling
checked operations, notwithstanding the decline in ex-
change and rather more numerous arrivals.
Our import trade continues in a most unsatisfactory
state, purchases having been almost entirely confined to
manufactures suit, d to local requirements ; the positiou
of the money market, low state of the up-country rivers'
and the apparent absence of orders, having kept dealers
out of the market for both metals and yarn.
The tightness in the money market, noticed la our
last, has been in no way relieved ; the banks' rates eon"
tinuing at the highest point, and Government securities
having been difficult of realization, except at
decline.
The somewhat less favourable reports received byhtbve
last mail, of the value of rice in the home Mark, e..tt hav-
ings
oh eked shipments of that staple, and invade
our
inn in the meanwhile been rather more natleTol in
rates of freight have been less firm, and a deelineh bas
several instances been submitted to ; but, altheug- ore
f uture ruling must of course be guided in some Pre-
by the accounts we are about to receive by the riga
cursor, we cannot see any prospect of a further ratite ___
a further
decline ; although, when so much above the ordinary_
curreficy as at present, some fluctuation must of course
be anticipated.
We may notice that Government has reduced the
duty on salt from Company's rupees 3 to CompanY's rui;
pees 2 12 r.er maund ; but.as the price at the golaliS.
also lowered in an even greater degree, the result of Mee
measure is, on the whole, prejudicial to the success 0
shipments from home.
The Precursor, with the mail of the 24th of Febru a
abreriinnvi:id,ilig,lio,i,fierTiee,htiveunreplthittoaeslloabsepte.evening, but no letters
melte
a ble
been fair inquiry for this s 7
for all pares since our last, and the quantity Ky- imi ly
either in European or native hands being, etresiigebt
ah,(l)v,aeTlce:r,onh
as the
neverthelesspevi,.
limited, holders have been enabled to MtabliSil .(14 do-ne,
ui
tisl
i teeudbrerete(nr:cie-
w;r(y) tmshaeol
edseb!faist:sleng;er'etig ;let
si bni
aue ion having been I
about 700 chests; whilst, by private contract, lje of ¢
not licard of any transactions, with the exceptollfot,
few parcels of native manufacture, there being, in m,
scarcely any European merks remaining is first 1'6'04
•.ith the exception of those now in course of unless A
or which will be shipped on planter's account,
further considerable advance is obtainable. all of
Exports trcrn the 1: t of November, 1346, to the
March, 1847, have been as follows, viz.:--
To Great Britain
Frence
North I'lint'r) Ca
North America
Chests. 7Y9:ggs.
,
Bed See, Bombay, and Gulf 1,209
.----
100 339
26,647 '
PUBLIC SALES. _.
Chests. WI:. Cps.A.LßEar,o.ideeplety.:eacet 26, Ihoot.
- 847.
Per ft' w*--
W S
D Dumnah, Tir —‘l,

4
35 at 82 8 to 120 OaverageCornpalifslll6 115
G. Mitchell, Arnosh, Tirhoot.
T and Co. 8
118

A 2latS7 8— 115 8 ~_ hoOL
T G T. Gibson, Hatter, Ousttee,'''fir.
110 °
11 And a
at few chesstAsLsEu 01 MARCHnclriesoatcoixs"ponding rates'
114 8
:31:1129155aaEtt1.0G5. sarretn3l2l22°.S9
19 •
J. Niehterlin, Futtehgur. •
Be,,ylah, Juanpore.
6flowlos—on,lsJoutiogypo„re, Afoo;shebabad 13700 128
I 163 a; 70 0— 72 8 s,
forSulteatira—reAs goodsorts,
what less extensive, oaarg to the .. it
:alive thereby been
eeli-, and the advance which holder: .
I es continue to be
induced to demand ; inferior qua it'
tiit.liipeii,eresifetbli); rts,
but inquiryp
arc
hc
aosnet! have
ioro'cf,
I_,bayet
eoefbxegpeoeurion;aceaard:
sugars continue
figure. Gurpatty Date .and DobOrah sug some
moderate in stock, and the former has been
attdlocwalpar)e.fi„ iwieirtsh
freight,t
extent, at about previous rates. It does not seem pro..
bable that the new sugars will be at market quite Nu
• fulll
early as usual, and probably not to any extent for ..
a month to come. Exports of• all sorts to Great Bri.
tain, from the Ist instant up to date, amount to 21,23'
maunds. ttahlkereiinrc prices
sor present
Saltpetre—This staple has continued in very moderato
inquiry for Great Britain, the slight decline which bt°
taken place in prices not being sufficient to make up' Orr
the excessive rates demanded for tonnage, 81. per ton 0,,
20 cwt. having been the lowest order we have heard ot•
For America, however, a large business has been doing,
and several parcels have also been taken for Franc 0
something under our last quotations. Exports from the
Ist instant up to date have been as follow, viz., to France,
3 971 maunds; North America, 2,380 maunds.
Rice—Since the receipt of the mail of the Bth 0f
Feb; uary, there has been decidedly less disposition gian.l:
test' d to operate in this staple, nor does the decline IP.
freights which has as yet been submitted to appear sit!.
ticiet.t to induce a resumption of shipments, in the a?.
sence of further edvices, from home. Under these iiir,
curnstanees, sales have been to a very limited extent, V'
till holders show no dwpositiuo to reduce their demituf;
2r. to 26r. being the rates- still current for good to fine
;able. For Mauritius and Bourbon a large business us:,
:gain been dune, notwithstanding the enhanced rates i
freight.
rts.:_ o
fromtli eglr: ta
ti n sßt arni
ttaui
np, t 4,514 hina
te w
avtienbdese;n
Expo,
ast,o...
Fnforlla'jxwcpeos, yiz
1,000 maunds;.to the Mauritius, 11,200 ;
Bourbon, 6,000 maunds.
as yet COM:
thNilsamrcahrkbeutn dnot having
continues quiet, and prices.
much anxiety
i ente; neither
or
pe
ra holderstoperate,
nor
although:
almostl eßnacewd Snto iol 103‘a—ri
triiarvlehly,e
cehwassetnrsamliasiaiilfeesst
mark that the produce of the present bund is now s du'
. ewss.yb been :
ainregaonisccasionally reported. We may
_r_
bqeual
to date, amount to 32 maunds.
leistsy.abuEnxdpaunrttsthtr
Greatwas anticipated,uritain,
fro from
u 1 ts
to of
nssut
apaer
oar
but
Silk Piece Goods—Good Corahs continue scarce,b about
when obtained find a ready sale at full prices, seY a_rse ye
125 r. per corge; medium qualities are also in mode in,
0 f
Exports aks i ii ti!iordlir:isiattinmhLsetoaa,hrucreetkroell
uuts.st
inquiry, and sales are reported at 114 r. to 117 r ; b,utanf
ferior cloths, of which the stock now on hand prinq „as
eon3ists, continue neglected. Choppas and INolua-ar
ire goieg forward pretty freely, but we still seldom
lie
rtienhasattsaßanrlt)iptuaapirne,nt o7tl, date
died
pdihaveeta,
' N.,.(uirilirtStiii:cAbit'tilb:ll,:,:ii.3—vrcoil
America,
To past Dye- ehv—itAn
gheberircev4iv2esu
ctehpetion of an occasional inquiry for the u:le
throughout
negolieleqtseu(ality is still obtainableeoo-
- night, although shellac of
ilium atn
previ scarcelyous rams::
b_hio.'xwports from the Ist instant up to date have been as
up anywhere
any
equivalent
saerikitetcsudsreorcellnioncnef, freightseavtsheerreb ebinegin Kt
ueni,or_:,
lefdOr—ntiTel
eabrehts(he)
me
esermeed s must a o
f maun
course tontine
_,e
probability of
[nutted to, owing to the extensive local consumption; tuA
Americans have, however, been in the market for Dore"'
and have purchased freely at about former rates, 0/
two rupees per maund for good cleaned.
Exports from the Ist instant up to date have been aS
follows, viz.:—To North America, 4,944 maunds linsee,..
Opium—The fifth sale of the season was held on the
22d ult., and went uff at something under the previe....,e
currency, as will be seen from the following
Chests. Highest. Lowest. Average- i'reeees77
Patna ... 1,690 1,235 1,215 1,223 20,67,
00
Benares.. 715 1,185 1,180 1,181 8,44'00
Since the sale the market has been quiet, and pric _
have had a downward tendency, yesterday's quotstiolo
being for Patna 1,200 rupees, and for Benares 1,180 Per
chest.
Jute—A moderate business has been done for tber
statement.ds.
English market, notwithstanding the high rates e"
freight, and good qualities ore ready getting scaree.i;
although prices are unaltered ; 10 8 to 10 12 per 13'1-
being about the present value. titles
Hides—During the past month considerable quan
of medium and inis
ferior quality preserved hides have bee
taken for the English market, and our exports cortof
quently show a great increase, notwithstanding the ed;
cessive rates of freight ; the Americans and Fre% ,
nave also been purchasing more freely, the former prl
_g
~ipally of heavy weights and buffalo, and
good dead green ; but, notwithstanding this, i
al .
rg_s..,,°°
qualities must be quoted somewhat under Flauineifi
ru, s, although low and inferior sorts have main
their value. been°
Exports from the Ist irstant up to date have
follows, viz. :—to Great ['retain 36,514 pieces.
----,..- the la.ttero 0:

IMPORTS FROM. EUROPE.
The continued tightness in the money market, IoP
stAte of the up-country rivers, large amount invested 111
prothice (now difficult of realisation, owing in sonie
tneasure to the scircity of tonnage), and, lastly, the sr
broaching close of the Beiwallee year rendering
dealers
unwilling to enter into fresh operations, have combine,:
to produce a prejudicial effect on our import
tr4°.
throughout the past fortnight, during which operatio7
have in consequence been on a most limited scale, a°
in fact, almost at a stand as regards purchases for the 013.
country marts, as will be seen from the annexed reports;
13:itish Cotton Piece Goods—The inquiry for hose
rahrics has on the whole been extremely languid, and
althon,,li importers have been showing less firEnnestl is
their demands, purchasers cannot be induced to Ovite
forward freely; nor can we see any reason to antioitr
on improved demand during the present months after
which, however, dealers will most probably colimienhe
to lay in their s tucks, in anticipation of the opening of t
arch vv°o
rivers. The import of gray shirtings in
lighter than during the previous month, but
we bare
ter
ter
e ow:
improvement to notice; those doing best are
at th ,
makes of thirty-nine inch; low bleached also
are don
Ml 3.
Lotter than sixty reed or upwards, which are
Pr°sein,
a
in little demand, and heavy in stock. Of jaconnets 0_5,,
the low and medium makes, both gray and bleache"