The Sun.
London, England, 1847-05-24 00:00:00

COPPER.

Tile and ingot --
2,177 maunds.
Sheet and plate 2,100 „
South American
Old

Brazier's
Nails

IRON.

68 „
27 „

Bar 159 ~
Bolt and rod
Pig .
Nails
Old 54 „
SPELTER.
3,506 mauuds.
Beer—Stocks of the old beer are now much reduced,
holders of the favourite brands baying been realising
to some extent, more especially of Bass, at about 50
rupees per hogshead, in anticipation of arrivals of the
new brew.

Imports in March were as follows, viz.:—
Bass's
Tenant's 1 hogshead.
- -

EXCHANGE.—On receipt of the mail✓ of the Bth of
February, announcing the reduction in the home rate
for draughts on this Treasury, drawers showed more
firmness, and operations in ten months date paper were
effected as low as 2s. Oid. per rupee; subsequently,
however, owing to the continued tightness of money,
drawers came forward more freely, and the moderate
business doing in imports having limited the amount to
be remitted, buyers were enabled in some measure to
regain the decline, yesterday's rates being about 2s. Old.
to 2s. Oid., with more sellers than buyers.
MONEY-MARKET.
We have not the slightest relaxation to notice under
this head, the banks' rates of interest and discount con-
tinuing at their highest point, and Government securi-
ties still declining in value, as will be seen by the an-
nexed quotations; whilst in Bank Stock we have scarcely
heard of any transactions, and rates are almost entirely
nominal :
CURRENT VALUE OF GOVERNMENT SECURITIES, SANK

STOCK, &C.

Transfer 5 per Cent Rs. 5 0 oto 6 0 0 prm.
Second ditto „ 5 8 oto 6 0 0 die.
Third ditto „ 5 8 oto 6 0 0 ditto
New or fourth ditto „ 1 8 oto 2 0 0 ditto
Company' rupees 4 per cent ., 13 0 oto 14 0 0 ditto
Sicca rupees ditto „ 15 0 0 to 16 0 0 ditto
Bank of Bengal Shares Com-
pany's rupees 4,000 each, 2,250 to 2,300 prem.
Union Bank „ 1,000 ditto par to 10 ditto
Agra Bank „ 500 ditto 285 to 240 ditto
Oriental Bank, 1,000 ditto 160 to 180 ditto
N. W. Bank of 500 1 Old 190 to 200 ditto
India
New 100 to 130 ditto

FREIGHTS.
The somewhat unfavourable advices for rice received
by the last mail having checked shipments of that staple,
and arrivals in the interim not having been quite so
light as previously, rates have been rather unsettled, and
our quotations have in several instances been accepted,
viz.:—

To London and Liverpool.
£ 5. d. £ s. d.

Saltpetre ... 6 0 0 to 8 8 0 per ton of 20 cwt.
Sugar ... ... 8 7 6 to 8 12 6 , do.
Rice ... 8 10 0 to 8 15 0 do.
Hides ... ... 6 10 0 to 6 15 0 14 cwt.
Jute ... ... 5 5 0 to 6 0 0 .5 bales.
Indigo and silk
piece goods 8 0 0 to 8 10 0 50 c. feet.
Raw Silk 8 0 0 to 8 10 0 10 cwt.
For other staples rates are almost nominal.
To Mauritius.
Rice, Company's Rupees... 2 10 to 2 12 per bag.
Measurement Goods, d 0.... 35 per 50c. feet.
To China.
Cotton ... ... $4 to 5 per bale.
Opium ... 8 to 10 per chest.
Saltpetre ... 1i per bag.
THE BOMBAY MARKET.
THURSDAY, APRIL 15.—Since the last bi-monthly
report our import market has not experienced the least
improvement, but, on the contrary, all descriptions of
cotton fabrics, as well as most descriptions of metals, are
now to be had at lower prices, and as our purchasers for
exportation to Persia, Arabia, and the coast, are with-
drawing themselves from the market, prior to the break-
ing up of the fine season, we must shortly expect to see
operations confined for some time to the supply of local
wants.
Cotton Manufactures—There has been a larger amount
of business done in piece goods during the past fortnight
than in the preceding one, but in the absence of any
particular demand, transactions have been brought about
chiefly by importers, in their eagerness to realise stocks
before the final close of the season, submitting to lower
prices, the bulk of the sales consisting of arey shirtings
and madapollams, more particularly of the former, in
40 inch width, which have been forced off in large quan-
tities. The demand that previously existed for domes-
ties has disappeared with the retirement of the Persian
buyers,
and these goods, in common with all others,
are now dfficult to sell, even at a great reduction in
price.
Dyed Goods and Prints continue dull.

Cotton Yarn—Grey is not saleable so readily as it was
and shows a tendency to fall in prices. The sales of the
fortnight are very trifling, consisting merely of 105 bales
Of 300Ib. each, as follow:
Water-25 bales. No. 30 36

Mule-80 „

anuas Si 91 per lb.
No. 30 40 50

annas 71 8 94at 9i 10 pr lb.
In dyed yarn, 5,0001 b. of " Turkey red," good quality
are said to have been sold to arrive, at l 4 rs. per lb. for
average No. 40, but in " orange " no transactions have
transpired.
Woollens continue dull, but we are advised of the fol-
lowing sales of cloth:-
192 pieces 4,609 yards scarlet save-
list cloth, at Rs.
72 pieces 1,800 yards assorted
colour savelist cloth, at amiss .
24 pieces 6261 yards dark blue stout
cloth, at Rs 2 0 0 „
In flannel there is nothing doing that we hear of.
Metals—Transactions in these have heen limited,
several descriptions having become difficult to move,
amongst which may be numbered Bar Iron, both Swe-
dish and British. Of this latter kind about 1,000 can
dies were sold early in the month at 3la rs. to 31i rs
per candy; and about 200 candies Square at 40 Ts. per
candy. No sales have been reported in Nailrod, Sheet,
or Hoop Iron, but for the two last-mentioned kinds
lower prices are being offered. In Nails we hear of a
sale of 200 kegs at 12i- rs. per cwt. Copper—ln Sheath-
ing and Braziers we have to notice a decline in prices,
owing tol recent arrivals; and 200, cwt. of Braziers have
been sold at 60 rs. per cwt. Tiles, however, have some-
what improved, a parcel of 75 cwt. having fetched 51}
rs. ner cwt. Speltre—The inquiry for this metal is less
active than it was, but we have heard of a sale of 1,000
cwt. in small plates at 12A- rs. In Lead, Tin Plates, or
Steel, nothing has taken place, and prices remain nomi-
nally as last quoted.
Cochineal—A recent importation of 1,7001b5. ha.s been
sold at 41rs. per lb., and about 4,0001ba. to arrive have
t been disposed of at 4lrs. and 4rs. per lb., the former
price being for delivery in a week, and the latter for ar-
rival about the middle of next month.
Saffron—The prices of this article continue to give
way, owing to the lateness of the season. 50 lb. off good
quality have been disposed of at 15i-rs. per lb.
Marine Stores continue without improvement. 'There
has been an arrival of white lead, but, being in the hands
of native importers its fate has not been reported.
Beer—We continue without any arrivals of the new,
I and have, therefere, nothing to report.

Spirits—The market in general dull. We have heard 1
of sales of-
-27 hhds. brown brandy Hs 3 2 - 0 per gallon_
2 „ di;xo, pa,le Oitio
.9 pmmile(•,- rtiw ~.: ....:.- . , . q .-t, ,

Gin to be
EXPORTS.
Cotton Wool—We have a quiet market, and prices
of the new staple, arrivals of which have been very free
lately, are lower that at the date of the last report. A
greater reduction would, no doubt, have taken place,
particulaaly in the prices of Broach and Surat, if a great
portion of the supplies that have come forward of these
descriptions had not been required for the fulfilment of
contracts made some time ago, but we may look for it as
soon as stocks begin to accumulate, for the tendency of
the market is undoubtedly to a further decline. At pre-
sent there is but little disposable cotton on the spot, of
the new; but a good quantity still remains of the old.
The Broach and Dhollera are both inferior in quality
this season compared with the previous year's growth,
but, on the ,other hand, in Oomrawutty there is an im-
provement. Prices may be quoted as follow:—
B 1 oath and Surat, New, 96rs„ old, 68rs. to 72rs. per cdy.
Dhollera Ditto, 82rs. to Sirs., old, 60rs.
Oomrawutty Ditto,B6rs.
Compta, old, 65rs.
Sheep's Wool—ln this article there is very little
doing, owing chiefly to the continued high rates of
freight. Prices remain unaltered, being as follow :
Khorassan, 108 rs. to 11Ors. per candy, of 5881 b.
Mekran, 80rs. I
Marwar, 90rs. to 10Ors.
Cutch, 10Ors. to 11Ors.
Persian, 130 rs. to 140 rs.
Linseed—Very little doing. The price has declined
4rs. per cwt.

Rapeseed—None at market.
Opium—The accounts received from China not being
of an encouraging nature for this drug. there is at pre-
sent little demand for Malwa, the price of which has
fallen to 1,075r5. per chest. Very little good in the
market.

F ItEIGHTS.
Several arrivals of vessels having taken place in the
early part of the month, the rates of freight to Great
Britain declined at once from 61. 15s. to 71. to 61. to
61. &s. per ton, at which engagements were made to some
extent, and some small shipping orders have relet even
at 51. 17s. 6d. per ton to Liverpool. As we have, how-
ever, been some days now without arrivals, the rate has
again got up to 6/. ss. for that port, and tonnage cannot
be had under. The rate to China is down to 18rs. at
19rs. per candy.

EXCHANGE.
On London the rate is at 2s. to 2s. 0-kd. per rupee for
China bills at six months' sight with local endorsement;
and at 2s. oi-d. to 2s. Cid. for local bills. The market
appears to be steady, at these rates :
On Calcutta, 60 days' sight, rs. 98 at rs. 981 per rs. 100
Madras, . „ 96i „ 98 „
China, „ rs. 208 at 210 per doll. 100, nominal
MONEY MARKET. _ _

Money remains scarce, and Government Securities
have sustained a slight decline in value, the following
being the present current prices :
Fivo per Cent. Loan of 1825-26, 103 rs. per 100 Sic rs
Four per Cent. ditto, 1832-33, 90 rs. ditto.
Four per Cent. ditto, 1835-36, 85 rs. per 100 do.'s rs.
Five per Cent. ditto, 1842-41, 99 rs. per ditto.
Four per Cent. ditto, 1842-43, 85 rs. per ditto.
Five per Cent. Transfer Loan, no quotation.
Bank Shares :
Bank of Bombay, 35 re. per cent. premium.
Oriental Bank, 20 rs. ditto.
Agra Bank, 50 rs. exclusive of the bonus divisible on
June 30, 1847, of 40 rs. per share.
Commercial Bank, 3 per cent. premium.
PRICE OF BULLlON.—Sovereigns each, 11 rs. 4 as. ;
Bank of England 11. notes, each 10 rs. 8 as.

CANTON MARKETS, MARCH 25.
IMPORTS.

Business recommenceel shortly after the date of last
month's report, and a considerable amount of imports
have been disposed of, at much better prices than have
for some time past been obtained. During the last few
days the demand has not been so active, but as foreigners
are holding their goods firmly, little or no alteration in
prices can be noted.
Cotton—There has been much speculation among the
Chinese, who are the chief holders, and prices have been
rapidly forced up. The present quotations are, for cash
in two months—Bombay, 8.6 to 10 taels; Madras and
Bengal, 9.2 to 10.2.
The following is the monthly statement of stocks and
deliveries:—

Imptd. Deld.

Stocks same periods.
---- - - •

1847. 1846.. 1845.
Bombay, bales none 5,151 19,508 38,355 42,037
Bengal „ 622 402 3,107 4,574 10,909
Madras „ none 1,068 6,768 5,882 30,209
American „ 294 none 1,130 2,542 none
Shangbae „ none none 591 none none

916 6,621 31,104 51,353 83,155
Cotton Yarn—Has advanced. The imports for the
past month are only 99 bales, the deliveries 838, and the
stock 3,183, against 785 bales at the same period last
year. For cash in two months, Nos. 16 to 24 are worth
30 dolls. to 32 dolls.; Nos. 26 to 32, 33 dolls. to 35 dolls.;
Nos. 34 to 42, 36 dolls. to 38 dolls.
Long Cloths—There was a considerable amount of
business done during the early part of the month.
Greys may be quoted at 2 dolls. 50c. to 3 dolls. for 60s
up to 725, and whites 2 dolls. 70c. to 3 dolls. 15c.
American Goods have been sold to some extent. The
present quotations are—drillings, 2 dolls. 60c. to 2 dolls.
70c.; and sheetings, 2 dolls. 65c. to 2 dolls. 75c.
Long Ells—There have been but few sales. Scarlets
have still further increased in value, and may be quoted
12 dolls. 25c. for HH goods, and assorted about 10
dolls.

Spanish Stripes—Sales have been made to some ex-
tent during the month, at about previous rates. Scarlets
have, however, been in more demand, and have advanced
a few cents.
Camlets have undergone, along with other articles, a
slight improvement. No sales of English, however,
have been effected; they may be quoted 19 dolls. to 22
dolls.

Iron has been in actual as well as speculative demand.
Assorted nail rod has been sold at 4 dolls. 60c. to 4 dolls
70c.; bar, 4 dolls. 40c. to 4 dolls. 50c.; hoop, 4 dolls.
80c. to 5 dolts.; cash in two months.
Lead—American pig is worth 7 dolls. to 7 dolls. 25c.
per picul, cash in two months, but there is none in first
hands.

Tin Plates—The usual quality imported may be
quoted 7 dolls, to 74 dolls. per box, cash in two months;
but a small parcel of an extra quality has been sold at
about 8 dolls.
Betel Nut—None remains in importers' hands, and as
supplies must be upon a limited scale for some months,
prices "have materially rallied-4 dolls. can be readily
obtained for decent quality.
Rattans—lmporters seem clear of stocks, but there is
a considerable quantity in second hands. Prices have
advanced, however, and a lima better feeling exists.
Good Banjarmassing are worth 3 dolls. 50c.; Straits,
2 dolls. 75e. to 3 dolls.; water, 2 dolls. 25c.
Pepper is not so firm as it was,
a few importations
having taken place; 6 dolls. 50c, to 6 dolls. 75c. are the
present quotations for good clean.
Rice has advanced a little. Arracan is worth 1 doll.
50c., and cargo Manilla and Java, 1 doll. 75c. to
1 doll. 80c.

Putchuck maintains the advance last advised, good
being saleable at about 10 dolls.
Sandal Wood—Madras has advanced to 11 to 14 dolls.
South Seas has declined to 8 dolls. 50c. to 9 dolls. 80c.
OPIUM.—The stock of old Malwa is greatly reduced,
the rate for the best being 520 dolls. A small quantity
came on lately, for which 580 dolls. was offered and re-
fused. Old Patna was in good demand during the be-
ginning of the month at 670 dolls., but has declined to
655 dolls., and become dull ; whilst old Benares has
maintained itself throughout at 650 to 655 dolls. New
Patna went up to 660 dolls. upon receipt of the news
from Woosung, fell to 640 dolls. upon the arrival of the
steamer, and rallied again on the face of a speculative
demand to 645 dolls. New Benares has continued dull,
the few transactions that have taken place being at
630 dolls. Turkey has improved, and may be quoted at
375 to 3530 dolls.