The Sun.
London, England, 1847-02-05 00:00:00

TEIJ SUN,

MARKET INTELLIGENCE.

(From the London New Price Current of February 5 )
SUGAR.—To-day, in consequence of the immense quantity
of Sugar announced for pubtic competition next week, the
home trade were less inclined to operate; but holders were
firm, and not inclined to reduce their quotations for any de-
scriptions.
REFINED.—To-day little advance took place in the value
of Refined Goods, but the home trade were large purchasers
at 65s to 66s 6d for brown lumps, and 67s for Standard Lumps.
MAURITIUS.—This afternoon there was a fair demand for
all descriptions of Mauritius Sugar; and 3191 bags at auc-
tion were all sold at a rise on last Tuesday's public sale of
6d to Is.
COCOA. —There has been much inquiry after West India,
and further advanced rates are offered.
SAGO.—The demand has been active, and stiff prices have
been paid : 460 boxes at public sale were all sold.
EAST INDIA. —This afternoon Bengal Sugar was in good
request, and 3,160 bags 49 trcs at aution sold at a rise on the
rates of Tuesday of 6d to ls per cwt.
FORElGN.—Although all sorts of Brazil early in the week
obtained rather under previous rates; still the home trade
operated with caution by private contract, and none has
been submitted to public competition.
TEA.—Prices have not improved for Congou, but the town
and country trade have been induced to operate with more
freedom. In Pouchong a fair business has been transacted,
and 5d to 9d has been paid for low to tine quality. In good
and fine Green a good deal has been doing, and prices are
well sustained.
Morasses —The business transacted has been extremely
limited in all description of West India, and prices declining.
Bengal Treacle is little wanted.
COFFEE.—To-day the demand was active for Native Ceylon
privately; and 100 bags at auction were sold at stiffer rates.
RICE.—The market has assumed a dull appearance for
Bengal of all qualities, and notwithstanding the reduced
stock here, there are sellers privately at a reduction on for-
mer rates. For Cleaned Rice the demand has slackened,
and prices are lowered.
SPICES.— For Black Pepper prices have advanced %d per
lb. White is wanted, and the quotations are still improv-
ing. The supply of Nutmegs increasing, a decline in prices
of 2d to 3d per lb has taken place. Cloves are more in de •
mend, but no improvement. Mace is less wanted, and
prices are on the decline. Ginger is still in good demand,
and all descriptions command full rates. For Cassia Lignea
prices are on the decline, whilst the supply is on the increase.
Of Pimento the supply is small ; there are several buyers,
and at stiff rates. The good and fine qualities of Cinnamon
are wanted, and prices remain firm, but inferior, coarse, and
jungle kinds can be obtained upon lower terms. Cassia
Buds are wanted, and fetch 63s to 66s per cwt.
Srtarrs.—Holders of all descriptions of Jamaica Rum still
manifest much firmness, but the high rates operate mate-
rially against business. For East India the high rates of
3s 10d being insisted upon for proof with certificate, caused
the business done to be trifling. For Leeward Island buyers
have been compelled to give 4s for proof strength, and 4s Id
for good brown ditto. Demerara is held with firnmess. In
Brandy an extensive business has been transacted, and at ad-
vanced rates, Geneva has been in excellent request, com-
mon shipping sort at 2s 7d to 2s Bd, and fine for home con-
sumption at 3e 3d to 3s 6d per gallon proof strength. Our
distillers receive contracts at Ils 9d for Corn Spirits, and at
lOs 3d for Gin 22 per cedt. under proof, and 103 9d for 17 per
cent. under.
Otis.— Holders of Fish Oils manifest firmness, and have
refrained from offering any at auction this week. For Sperm
prices are fully as high, the demand being active, and supply
moderate. Although there are arrivals of Olive Oil, still
holders show firmness. For Rape Seed Oil a brisk demand
exists, and further advanced rates are paid. Linseed Oil has
been largely dealt in, and prices are still rising. Cocoa Nut
is not so much wanted. For Palm the market is in a quiet
state, and prices tend downwards. Lard Oil is selling at 441
to 47/ per tun, and the supply is on the decrease.

BANK OF ENGLAND.
(From this night's Gazette.)
In Account, pursuant to the Act 7th and Fith of Victoria, cap. 32, for
the Week ending on Saturday, the 30th day of January, 1647.
DICPAILTMENT.

tiotee 26,172,870

Government debt • . 11,015,100
Other securities •• • • 2,984,900
Gold coin and bullion 10,199,161
Silver bullion ••• • • • 1.673 709

£ 26,172,870
M. MARSHALL, Chief Cashier.
Dated the 4th day of February, 1847.

£26,172,570

IAYKING DEPAITXEN T.

Proprietors' capital.. 14,553,000
host .
Public deposits (in-
cluding Exchequer,
Commissioners of
National Debt, Sav-
ings-banks, and Di-
vidend accounts) .. 4,162.572
3ther deposits ••• • .. 9,659.910
seven day and other
bills..

Government securi-
ties (Including Dead
Weight Annuity) • • 12,722,6 l
Other securities •• .. I 4,10G,072
.. 5,701,555
Notes
Gold and silver coin . • 728,788

941,481

4 33,26 1,0 3 4

X 33,261,034
SI. 3IARSII4LL,I I Cushier.
,847.

Dated the 4th day of February,

IMPERIAL PA 1(1 lAM ENT.

(THIS EVENING.)

HOUSE OF LORDS.
The LORD CHANCELLOR took his seat on the Wool-
sack at Five o'clock.
EXCHEQUER BILLS AND RAILWAY DIVI-

DENDS.
Lord BROUGA AM moved for a return of the prices
of Exchequer-bills, from the Ist of February, 1846,
to the Ist of February, 1847. He also moved for
a return of the dividends paid on railway stock
during the same period. He also moved for a
return of the names of all the holders of railway shares
on the Ist of February, 1847, who were Irish proprietors.
His object was not one of mere idle curiosity, but as it
appeared that there was some intention of assimilating
Ireland with England, it was but right that this informa-
tion should be given in order that they might know how
to legislate. He desired this the more as he found that
a statement had been made last night in another place
the object, the express object, of which was to raise the
price of railway shares by distributing money through-
out the country, so that those shares which stood at 1001.
might be raised to 2001. He would take that oppor-
tunity of vindicating himself from a grievous misrepre-
sentation. He did not generally care about misrepre-
sentation; but he had been so painfully assailed by so
many letters, that he wished to put himself right,
for he was described as one of the most cruel and
hard-hearted individuals in existence. It was stated
that he wished to raise the price of bread. What he
actually said was, that it was better that bread should be
daar rather than cheap in a time of scarcity ; for if
wheat were to be brought to market cheap at such a
period the whole produce would quickly be bought up;
and thus, if there was a scarcity in the month
of February, that scarcity would become fa-
mine the month of June. The very words he
used were, that he would rather bread was dear
than cheap, lest scarcity should become dearth, and
dearth be converted into famine. His Noble Friend
(the Duke of Rutland) had put his establishment on
three-fifths of their usual allowance, and he had done
the same. The question of price did not affect such
persons as his Noble Friend and himself, but it did
naturally affect the poor labourer, and therefore he de-
sired that the bread should be kept up, so that the whole
of the supplies should be exhausted before they got the
fresh harvest in. He thought that in times of distress,
especially, public men should not be misrepresented.
Lord STANLEY perfectly agreed with his Noble
Friend (Lord Brougham) that public men should not be
misrepresented, but he had stated that a great and com-
prehensive measure which was introduced the other
night in another place was brought in solely
A more frivolous misrepresentation raising
for the purpose
lie did not intend t
measure of hisinterpositionof the price of shares.
iesrepresentation could not be mfattdhheee.
N.
hslteo pclt,lri
Friend,
dt o, urge
because,the
u
the,
Withoutr,policyunless the
were exercised to
shortlyno come before them
pass it into a law,
their Lordships, it would
for discussion, but he couldforbear stating that
the intervention of
the object of the Bill was not to rapisuerptisoesevoatlue of rail-
way shares in Ireland, but for the
its interests, without adding one shilling to thperotamxoetsinoge
the people of this country.—(Hear, hear.) It was for
carrying out works of great public utility, which, with_