The Sun.
London, England, 1847-11-22 00:00:00

CALCUTTA MARKETS.

OCT. 7.—The Bombay express, closely followed by
the Precursor steamer, with London news to the '24th
of August, arrived on the sth instant. The mercan-
tile intelligence brought by this opportunity is still
of a very unsatisfactory tenor. Notwithstanding the
certainty of an abundant harvest, with most propi-
tious weather for its operations both in Great Britain
and on the continent, business continued in a more
languid state than ever, chiefly caused by the effect
of extensive failures in the corn trade, five leading
houses having stopped for an aggregate amount of
about 1,500,0001. sterling, and partly from the mone-
tary pressure, which continued undiminished, less
from present or anticipated scarcity than from dis-
trust engendered by the failures alluded to. Wheat
experienced a further fall of Bs. per quarter, making
the reaction in that article 58s. per quarter since the
early part of the year. With the exception of cot-
ton, saltpetre, and sugar, most articles of Indian pro-
duce had given way in the general depression of busi-
ness.

From China we have news to the 24th of August.
Sales of imports during that month had been large,
at prices a shade better than those which ruled in the
previous month ; but the heavy importations of staple
articles had checked any further tendency to advance,
and stocks had consequently increased considerably.
The briskness noticed in the Overland Price Cur-
rent of the 18th ult. as animating the Calcutta export
market, has been well sustained, owing chiefly to the
abundance of tonnage available in the port, the fall in
freights, and the anxiety of native holders to realise
their stocks before the commencement of the DJorja
Pooja holidays.
In imports less activity has been manifested, and

Total ... .. 29,650 111,098 30 6
Sugar—The transactions in this article have been
extensive at full prices, which are now likely to be
maintained. The reduction in freight, the prevailing
rates of exchange, and the readiness of native holders
to meet the demand, have caused an animation which
for some months past had not been felt in the sugar
market. Nothing has been done in Khaurs for
Great Britain. The result of operations in most of
the recently-established sugar plantations in Tirhoot
have as yet, from various unfortunate contingencies,
fldlen considerably short of the expectations of the
enterprising proprietors. The cane in the ground
has suffered from the continued heavy rain and Inun-
dation, but nevertheless, from the increased culti-
vation, it is expected that the crop of sugar of Eu-
ropean manufacture from that district will be larger
than it was last season. The native plantations in
Benarcs give promise of an abundant crop.
Exports for the month of September:—
To Great Britain
And from the Ist up to the 4th inst. 21,412 „
Saltpetre—Extensive transactions have taken place
in this article at extreme prices, chiefly for the Ame-
rican and English markets.
Exports for the month of September :
To Great Britain .. .. 24,839 mds.
North America ••• ... 20,887 „
France
Mao ••• ••• 5,814 „
Singapore and China 6,106 „
And from Ist to 4th instant :
To Great Britain ... 5,405 „
North America •.• ••• 3,653 „
Singapore and China .. • • 1,133 „
Rice—There have been no transactions worthy of
notice in rice for the English market, but a good
business has been done in Moonghy and Ballam for
the Mauritius.
Exports for the month of September :
To Great Britain .. ... 133,800 mds.
France • • ••• ••• 500 „
Mauritius • . ••• ... 155,430 „
Bourbon
... 13,848 „
And from Ist to 4th inst.:—
To Great Britain ... ,„ ... 11,096 ~
Mauritius ... ... 23,450 „
Bourbon . ••• 6,000 „
Raw Silk—Owing to the failure of the "Rainy"
Bund, stocks in the market are very small, and con-
sist chiefly of llurripaul. The business transacted
has consequently not been large, and there is no al-
teration in prices.
Exports for the month of September :
To Great Britain
And from Ist. to 4th inst. .

Silk Piece Goods—A considerable business has
been done in torahs of second quality, at prices
ranging from 105 r. to 115 r. per corge, accord-
ing to quality. The native dealers have been
anxious sellers, in consequence of the approach of the
holidays. The stock in hand is small and without
any first qualities remaining.
Exports for the month of September :
Corahs. Choppahs & Bandannoes.
To Great Britain .57,837 pcs. 1,100 pcs.
North America 870 „ none.
And from Ist to 4th instant none.

Shell Lac and Lac Dye—ln shell lac there has
been nothing doing, and the inferior qualities of lac
dye are neglected, but the finer qualities, were the
market not bare of them, would meet with a ready
sale at full prices.
Exports for the month of September :
Shell lac. Lac dye.
To Great Britain... 934 mds. .. 546 mds.
North America... none. .. 71 „
And from Ist to 4th inst. :
To North America
Safflower—Until the arrival of the new crop,
little will be done in this dye, as the market at pre-
sent is nearly bare. A few sales have been reported
at 28r. to 32r. Ba. per maund.
Exports for the month of September :
To Great Britain. •• • 128 mds.
And from Ist to 4th inst.:—
France .

Oil Seeds—The demand for linseed for the Ame-
rican market continues unabated, but freights are
still too high to admit of orders to any extent being
executed for the London market. In rape seed there
is nothing doing except for local consumption.
Exports for the month of September :
Linseed.
To North America .......
France • • 2,400 „
And from Ist to 4th inst.:—
To Great Britain
North America .. 792 „
Jute—New Jute is arriving freely, and is in good
demand for England and France.
Exports for the month of September:—
Jute. Hemp.
To Great Britain ... 21,759 mds. 1,531 mds.
France .. 7,609 „ none

And from Ist to 4th inst. :
To Great Britain .. 3,828 ~
France 1,823 „
Hides—There has not for some years been so much
languidness in the demand for the British market as
has been experienced throughout the past month.
The few lots that have been taken consisted of second
slaughtered and good Dacca Green at about
former prices. The Americans have been buying
largely all kinds of cow and buffalo, excepting first-
class slaughtered, and in many instances have given
an advance on former rates.
The French have been in the market, but as cau-
tious buyers.
Such descriptions of hides as are suitable for the
American market have an upward tendency, but
qualities required for the English and continental
markets are without alteration.
Exports for the month of September :
53,689
To Great Britain
North America ***
..
And from the Ist to the.
:2,33° pieces.
To Great Britain
North America ::* 7'717 71
Cotton—The only ••• 3,271 „
article
consist operations going forward in this
of shipments of parcels procured direct
from the interior.
Exports fur the month of September :
To Great Britain ... 1,345 bales 4,904 rods.
L China •• ... 6,292 „ 21,481 ~

Coloured Yarn—Little has been done in German
Dye Turkey Red, and there is no alteration in prices.
Metals—ln spelter a good business has been done,
some of the principal holders having realised their
stocks in anticipation of further supplies from Europe
during the next three months, which it is expected
will on arrival be fully adequate to the consumption.
Copper is in good demand at advanced rates, sheath-
ing has been sold at 42r. per factory maund, and
nails would at present command almost any price.
In iron much has not been done, owing to the firm-
ness of holders in waiting for better prices. For pig
3r. to 4r. per ton advance could be obtained.
Beer—The stocks of both Bass's and Allsopp's
have been very much reduced, and both brands have
lately been quoted at 70r. per hogshead. A sale of
75 hogsheads of Allsopp's at 72r. Ba. has just been
reputed, and this figure may now be considered the
ruling rate,
Salt—Recent large imports with further expected
arrivals, have caused a reduction in prices, and our
quotations are at 48r. for pangs, or fine, 70r. for but-
ter, and 45r. to 48r. for common, per 100 maunds.
The following sales are reported :
Li►erpool Panga ... 15,000 mds. at Rs. 87 0 per 100 mds.
Ditto ... 8,000 ditto 86 0 ditto
Ditto ... 10,000 ditto 84 0 ditto
Ditto ... 6,000 ditto 82 0 ditto
Liverpool Curcutch 6,000 ditto 48 8 ditto
Ditto ... 8,000 ditto 48 0 ditto
Ditto ... 500 ditto 48 0 ditto
Ditto ••• 250 ditto 47 0 ditto
French Curcutch ... 7,500 ditto 48 0 ditto
Exchange--A considerable amount of business was
done at our last quotations in bills on England after
the departure of the mail, but during the past and
present week buyers have been holding back, and
little has since been transacted. The amount received
by the mail per Precursor in bills on the General
Treasury is stated to be 65,1851. A good many ope-
rations have taken place in bills on China.
Our quotations are ls. Hid. to ls. 1 lid. for six
months' sight, and Is. Hid. to Is. Hid. for ten
months' date ; bills on England, and on China 209 rs.
214 rs. per 100 dollars.
CURRENT VALUE OF GOVERNMENT SECURITIES, BANK
STOCK. &C.

Es. Es.
Transfer Five per Cents.— 7 0 0 to 8 0 0 prem.
Second do., according to Nos. 2 8 0 to 3 0 0 dis.
Third do. 2 0 0 to 3 0 0
New do.
Co.'s R 3., Four per Cents ll 0 oto 11 8 0
Sicea Its., do
Bank of Beni. Shares,
Co.'s 4,000r. each pm. 2,575 r. to 2,600 r.
Union Bank, ditto
Agra Bank, ditto
Oriental Bank, ditto l,OOO „ pm. 190 to 200
N. W. Bank of India 400 „ pm. 1105
ttoo
1355
Freights—Since the 18th ultimo the tendency of
freights has been downwards, and rates have been
gradually retrograding until they reached our present
quotations. Tonnage is abundant.
To LONDON. To LIVERPOOL.
B. L s. .£ S. de a.
Saltpetre ... 6 oto 6 6 6 oto 6 6 per ton of
20 cwt.

Sugar
... _1 610 to 6 IS 6 oto6 15
Rice...
0 lseeds, nominal.
Rum ... ..• 70to 7 15 7 oto 7 15per5hhds
Jute and hemp 5 oto 5 5 5 oto 5 sper 5 bales
Indigo, raw
silk and silk 6 oto6 10 6 oto6 10 50c. ft.
piece goods
Shell Lac ... 5 oto 5 0 5 oto 5 0
Lac Dye ... 5 oto 5 5 5 oto 5 5
To CELINA.

Cotton
Opium

4 dollars 50c. to 4 dollars 75e. per bale.
... 7 dollars Oc. to 8 dollars per chest.

CHINA.

CANTON MARKET, SEPT. 24.
In renewing our monthly advices, we are glad to
remark that the obstacles which have of late affected
the trade are almost removed; and although many
articles of import are depressed, yet from the greater
facility of procuring money, the interest on which,
however, is comparatively high, there is an evident
tendency to enter into operations which afford a rea.
sonable prospect of remuneration.
Cotton—The transactions during the past month
are reported at 22,000 bales, the greater part for actual
consumption, but at the same time a portion is held
by speculators for advanced rates. The late advices
from India and England have tended materially to
strengthen the market, and holders are firm. As
the consumption is steady and there is a speculative
spirit among the dealers, the prospects are in favour
of further improvement.
BOMBAY.

Fifteen thousand bales have been cleared at prices
ranging from taels 68to 8 3 duty paid. Prices have
advanced, particularly for common to middling, and
our present quotations are :—common to middling,
taels 6to 7 8 duty paid; good to fine, taels Bto 8 3
duty paid.

Bengal-5,000 to 4,000 bales have found purchasers
at from taels 76 to 8 6 duty paid. Prices have ad-
vanced about 2 mace, and we look for higher rates,
as the stock is small, and in few hands. We quote
good to fine, taels 7 9 to 8 6 duty paid.
Madras—Sales estimated at 1,500 bales, at taels
7 Bto 8 6 duty paid. The stock is small, and we
look for advanced rates. Some few arrivals of new
staple have taken place, but the market is very firm.
We quote good to fine, taels 7 8 to 8 6duty paid.s Same

period period
Imported. Delivered. Stock. 1946. 1845.
Bombay ...25,028 ... 21,183 ... 62,797 ... 49,377 ... 62,450
Bengal ... 7,441 ... 3,599 ... 9,069 ... 7,094 ... 1,160
Madras ... 647 ... 1,222 ... 2,808 ... 6,167 ... 7,720
American . none ... none ... 1,580 ... 475 150
Shangbae. 747 ... 627 ... 1,183 ... none ... none

elm63a,itle3d a..t. 731048°
Totalcott 0
n.. .33,
863
Yarn—The-26,631 imports. 77,a4r3e7
to 4,000 bales, and prices have receded
tfoorptuhrech,lasoow:
numbers. The dealers are not anxious
in the face is
fearing that further arrivals may still
lroaor
for. firm,lilmolmdeerdsiaaterei,mhpor‘ovveevmere,nt
quotations must be
butmore depress
we cannot
25
sent f large stocks,v and our p2rse
i.
324
dolldolls, to 29 dolls.; No. 38
dolls.; No. 23 to 32,
to 42, 32 dolls. to
4,130 bales; delivered,
775 bales;
duty paid. Imported,
—same last year, 2,941
bales.
stock, 7,665 bales
American Yarn—The stock is estimated under
1,000 bales.
23t
odhogllesihs_Wre hear of no sales. No. 16 to 24,
otto24,(lioi dolls., sb.
lis duty
yss duringpaid the past month
is reported at 65,000 pieces of grey and 12,000 white,
chiefly in barter, at
prices ruling for the former, 2
2
dollars 30 cents to dollars 60 cents, duty paid, and
for the latter, 2 dollars 45 cents to 2 dollars 90 cents,
showing a decline of 5 cents to 8 t cen son grey, and.
10 cents to 15
o cents on white. At our present rates
holders do not feel inclined to quit, and we hope for
some improvement, should they continue firm:—
Gray—Duty paid. White—Duty paid.
sc. sc. $o„ $O.
Nos. 56 to 68...2 20 to 250 Nos. 56 to 68...2 40 to 65
No. 72 ... 265t0 2 70 No. 72 t 2 90
tocks are very small ; no
American Domestics—S
sales ; 40 yards 30 inches, 2 dollars 85 cents to 2
dollars 95 cents, duty paid ; twills, 30 yards 30 inches,
2 dollars 40 cents to 2 dollars 43 cents, duty paid.
Sales :are reported at 10,000 pieces ; 40 yards 30
inches, 2 dollars 30 cents, duty paid, at which from
four to five thousand pieces have been quitted, show.