The Sun.
London, England, 1847-09-11 00:00:00

MARKET INTELLIGENCE

(From the London New Price Current of Sept. 10.)
SUGAR.—To-day the home demand was not quite so
good for Raw Sugar for home consumption or exporta-
tion ; whilst on the part of merchants there was a desire
to sell, and in most descriptions a fall in the value took
place, and the quantity on offer was larger. The busi-
ness concluded in all sorts of West India was good, both
for the scale and pan, 570 hhds and trcs finding buyers
in the private market, but merchants were in some
cases compelled to accept prices 6d per cwt under those
of last Friday. The total purchases for the week aro
2,630 hhds and tree.

RELINED.—To-day Refined Goods met with little
attention from the home trade, although brown Lumps
could be obtained at 54s to 54s 6d, and to pass the
Standard at 55s to 55s 6d per cwt. The market for
Bonded Crushed Sugar is in a dull state at former rates.
EAST INDIA.—This afternoon the market was plenti-
fully supplied with Bengal Sugar, the quantity offered at
public sale amounting to 4,510 bags, but the whole sold
in consequence of holders submitting to a reduction on
former rates of 6d per cwt.
. .

MAURITIUS.—This afternoon Mauritius Sugar was in
request, and at auction 8,472 bags were all sold ; but in
most instances at a fall on former rates of 6d per cwt.
FOREIGN.—To-day there was no public sale of any
kind of Foreign Sugar, and privately the business done
was not of much moment ; in prices there is, however,
little variation.

COFFEE.—This afternoon 70 barrels Jamaica Coffee
were offered at public sale, and nearly all takes in rather
above the value ; low middling at 635, fine fine ordinary
55s to 58s, fine ordinary 47s to 50s ; good ordinary 44s
to 455, low good ordinary 41s to 425. Native Ceylon
met with little attention, and 951 bags only in part sold
at 37s for good ordinary, and at 30s 6d to 36s 6d for
damaged, which is the full value ; but 24 casks Planta-
tion went at stiff rates ; good coloury bold at 70s 6d to
71s 6d, rather small ditto 64s to 665, middling and good
middling 546 6d to 61s.
SPICES.—To-day a public sale of 370 bags Pimento
went at kd per lb advance, and sold at 51c1 to .sicl for mid-
dling quality. Of Jamaica Ginger 139 barrels were
sold at lower rates; very fine quality went at 9145, fine
Si 5s to 61, middling and good 21 16s to 41. 6s, low 213 s
to 21 Ils. 216 bags Pepper were taken in at 24d to
2j-d for clean grey Cochin, which is above the value.
TEA.—There has been little desire evinced to operate
in good and fine descriptions of Con you privately this
week, but merchants generally are not disposed to lower
their prices, and for the limited parcels sold have ob-
tained is Id to is 4d for the former, and is 6d to 2s for
the latter. The lower qualities, however, met with rather
more attention, and brought firm prices, whilst a fair busi-
' ness has been concluded; common at 9d to 61d, good com-
mon 9id to 10(1, but mid and mid sorts were operated in
with caution, and easier rates were taken, viz, middling
101 d to Is per lb. Of common there is only a moderate
quantity on offer. The market for the better qualities
of Green is in an inactive state, and having a fair supply,
prices continue on the decline, but in common kinds
large purchases have been made, in consequence of the
low rates that prevail. All sorts of Young Hyson have
been in excellent request, and brought stiffer rates.
In Scented Teas there has been little passing.
RICE.—To-day the market was abundantly supplied
with East India Rice, and the parcels offered at public
sale amounted to 4,694 bags 1,424 packets Bengal, 2,998
bags Madras, and 4,281 bags Ceylon. Merchants were
desirous to sell, but submitting to a reduction on former
rates of 6d per cwt, occasioned the demand to be good,
and nearly the whole found buyers.
MOLASSES.—The demand for all sorts of West India
has been active this week, and prices have assumed an
upward tendency. The private sales are 500 puns.
Antigua of fine quality at 19s ; Grenada fair at 16s 6d,
and St. Lucia at 16s. Of Mauritius some parcels have
been disposed of at 16s. In Bengal Treacle large pur-
chases have been made at 18s per cwt for fine quality.
Cocoe.—Although there are sellers of West India
upon further reduced terms, yet buyers have been
cautious in their proceedings by private treaty. We
quote Trinidad red at 45s to 492, gray 43s to 47s ;
Grenada 42s to 465, and St. Lucia at 38s to 455. At
public sale 77 bags of Trinidad were part sold, good
dark red 18s Gd, good grey 47s 6d, and middling 455.
Foreign is little required, and 36s to 39s is the value of
Para.
SPIRITS.—AII descriptions of Jamaica Rum have been
in go id request during the week, and the rates paid have
been fully equal to those previously current ; indeed the
superior kinds brought rather more money. The total
sales are 250 puns plain quality 31 to 34 per
cent. over proof at 3s 8d to 3s 9d ; 33 to 36 over
middling to good 38 10d to 4s 2d, and fine 48 4d to 5s
per gallon ; indeed the operations would have been upon
a more extended scale had the market been better sup.
plied. The home trade continue to be the chief buyers,
Demerara of strong quality is wanted at previous quota-
tions, and for 100 puns 35 to 37 per cent over proof 3s 6d
to 3s 7d hare been obtained. Last India i 5 yet