The Sun.
London, England, 1841-05-08 00:00:00

MARKET INTELLIGENCE

! (From the London New Price Current of May 7.)
SUGAR.—The declaration made by the Chancellor of the
Exchequer that it is the intention of Government to reduce
the duty on all sorts of Foreign Sugar to 36, with 5 per cent.,
and to snake no alteraticu in the duties on British Plantation,
Mauritius, or Bengal, produc“l extreme heaviness in the
market for West India Muscovadoes in the early part of the week,
and although the merchants submitted to a reduction on former
rates of is per cwt, still they succeeded in disposing of only
200 hhds and tierces on Tuesday and Wednesday, and 12u
hhds Batbadoes declared for public sale was withdrawn ; yes-
terday, however, both grocers and refiners were more disposed
to operate, and 400 hhds and tierces were disposed of ;
importers also displayed more firmness, owing to
the great opposition the Government are likely to
meet with on the Sugar Duties question, indeed the
general opinion in the City is that Ministers will not be able
to carry the measure in the present form ; prices improved,
and those paid at the close of the market yesterday were equal
to those of last Friday ; Dominica of fair mid yellow quality has
been sold at 65s ; Jamaica, rather inferior 645; Demerara,
middling 62s ; Berbice, low middling 59s per cwt.
To-day there was a much better demand for British Plan-
tation from both grocers and refiners, and the quantity sold
amounted to 420 hhds and tierces, prices improved, and now
rule Is 6:1 to 2s above those of last Friday ; the quantity of
Suger on show was small. The sales for the week reach 1,020
hhds and tierces.

REFI NED.—For home consumption Refiners have submitted
to a further reduction in prices of Is per cwt ; standard lumps
at 89s; Tittlers asd flambro Loaves 90s to 945, fine 95s to
100 s, very fine 103 s to 104 o; brown lumps 87s to 88s per cwt;
Bastards low sorts at 43s to 465, mid 47s to tiOs, good sls to b6s.
Good and fine pieces 68s to 78s, other descriptions have moved
off slowly at 58s to 66s per cwt. For Treacle prices are look-
ing down-27s to 28s is the value of common, 29s to 29s 6d
fur patent, and 31s to 32s for golden syrup ; there'is a plenti-
ful supply. For Bonded Crushed Sugar more demand has
existed, at 30s 6d to 315 for Lint quality. Loaves 10 lbs at 36e
to 36s 6d, and 14 lbs 35s to 35s bd. Treacle at I4s 3d on th-
spot, 14s 6d to 145 9A for small parcels. Pieees have been in
lair request. Canada at 23s to 245. Bastards at 15s to 20s
per curt. Dutch Crushed Sugar at 29s 6d.
To-day the demand was good from the home trade for Re-
fined goods-, and prices were firmer. Sales of Standard Lumi s
were made at 89s tid to 90s per cwt. Crushed in fair request
at 30s 9d to 3ls per cwt.
MA U RITIUs.—To-day several purchases were made by pri-
vate ti eaty, and the prices paid are Is above those of last
week. 8,000 hags are deel,red for sale on Tuesday.
EAST IN DIA. —1 his afternoon the demand fur Bengal of
white quality increased, and several parcels were disposed of
at rather higher rates. The total sales of Manilla since this day
Ice,l have been 4,000 Lags are at •20s (id t‘; 21s for low mid
yellow.

FOREIGN.—To-day the market was film for all descriptions.
vms taken in at advarced rale,s, viz. good wh,te at 263
to good mi,!dling 25s to 265, middling 23s 6d to 245,