The Sun.
London, England, 1848-05-22 00:00:00

MARKET INTELLIGENCE.

(From the London New Price Current of May 19.)
SUGAR.—To-day the market was again sparingly sup-
plied with all descriptions of Raw Sugar, and as the
home trade was desirous to operate, a further rise was
apparent in the value. The demand for all sorts of West
India was good, and stiffer rates were obtained for the
660 hhds &c. that were sold. The rise for the week is
6d, and in some cases Is per cwt; the total sales are
1,850 hhds and trcs. The market for all sorts of Sugar
closes firmer.
REFINED.—To-day Refined Sugar was much sought
after for home use, and higher rates obtained—brown
grocery lumps realising 55s 6d per cwt. Crushed Sugar
is unaltered in value, the demand is, however, not brisker.
MAURITIUS.—This afternoon there was no public
sale, and the purchases made privately were to a fair
extent ; the rates paid exhibit an advance on those of
this day week of 6d per cwt.
EAST INDIA.—This afternoon Bengal Sugar met with
attention, and privately several parcels were sold at
stiffer rates. At auction 2,135 bags of grainy were dis-
posed of, and at enhanced prices; very fine realised 503,
and fine 47s 6d to 495. Madras met with a good de-
mand privately, and 400 bags at auction sold at stiffer
rates; fine damp brown realised 30s, and low yellow 31s
per cwt.
FOREIGN.—This afternoon a fair inquiry prevailed
for Foreign Sugar, but holders asking stiffer rates,
operated against business. None was offered at public
sale. The private operations for the week are 1,100
chests of yellow Havannah at 39s 6d, and 200 chests of
low brown Bahia at 37s per cwt. 400 chests of low
t white Bahia 40s

MoLassEs.—The inquiries after West India have been
numerous this week, but holders asking advanced
rates operated against business. Porto Rico has been
selling at 19s, and fine Antigua at 21s per cwt. There
is only a limited supply at market. Bengal Treacle finds
a more ready sale at 165 to 17s per cwt.
COFFEE.—This afternoon plantation Ceylon Coffee
was operated in with increased freedom, and 739 bags at
auction were sold at stiffer rates—fine realized 71s, good
60s to 665, middling 50s 6d, low middling 43s 6d to 48s,
fine fine ordinary 38s to 40s, fine ordinary 34s to:37a 6d,
ordinary and good ord 30s to 325, damaged 45s to 58s,
inferior 173 to 348. Of Mocha 20 bales went at 45s 6d
to 465 for middling pale greenish. 66 casks and 5
barrels of Jamaica sold at rather higher prices—good
63s 6d, middling 51s, low middling 45s to 465, fine fine
ord 38s to 445, good and fine ordinary 34s to 3ss 6d.
COCOA.—This afternoon little desire was shown to
operate in Trinidad at a public sale of 400 bags, and
nearly the whole was taken in, good bold grey 44s to 455,
good dark red 45s to 465; 127 Grenada were sold,
middling red 40s, good 42s 6d to 445. For auction 300
bags of Trinidad are declared.
TF.4.—Previous rates are well supported for all de-
scriptions of Congou; a good demand prevails, fair and
good sound common for cash realizes 7d to 7/d per
lb. In Souchong the operations are upon a more
enlarged scale at 8d to is 6d, and fine is 8d to 2s.
An increased disposition has been manifested to operate
in all kinds of Green; large parcels have been sold
and at an advance on last weeks rates of /d to Id per lb
for Gunpowder and Ilyson. Other kinds fully sustained
the previous value. For Scented and Pekoe Teas there
is an increased demand, and purchases cannot generally
be made upon former terms. At public sale of
1,400 packages offered, about half found buyers;
Congou, but middling rather old blackish leaf
realised Bd, good middling, Is; Gunpowder, middling
rather strong, 2s 91d to 3s lid, good and fine strong and
fresh burnt, ,3s 9d to 3s lod; scented Caper, middling
rather coarse, is to is id; Young Hyson, middling ra-
ther strong, Is 6d, good middling, 2s per lb. There are
further arrivals, and the stock exceeds that of the past
year by 4,080,000 pounds.
RlCE.—Although East India can be obtained at a fur-
ther reduction of 6d per cwt, yet there is no improve-
eorexportdt only sold. B
emand.o f 5,172 bags
2bvaags
Bengal
notffhee mrehdoat
auction, a part
treaty only a small amount of business has been con-
cluded. For Carolina town dressed there is only a li-
mited sale at 21s to 255. Patna is little wanted, and
can be obtained at 12s to 16s per cwt.
Snees.—To-day Jamaica Ginger met with attention,
ltr
oe
nh
holdersapsre
proof
o fmwaaridet eh firm,
certificate.
ner
limited
Eii3t9amyfiardda
ceasi
atttdeotf ledei n.
insist
tdssLhii saii
eesotexwdßwp uponeafuo,eorrn Rum
and 70 pkgs at auction sold at stiffer rates—middling
72s to 813, and good ordinary 58s to 655; 81 chews Mala-
bar, home trade sort went at 40s to 40s 6d for brown
rather small ; 130 bags white Pepper taken in at 6d for
good, and at 4id for middling.
SAGO is offered at a further reduction, still the deal-
ings have been limited by private treaty. Sago Flour
is little wanted, and 14s to 15s is the value. Tapioca
is dull of sale. Of Arrow Root the supply is yet ex-
ceeding the demand.
FRUIT.—In Currants a large amount of business has
been concluded this week—New Patras 40s to 41s, Zante
and Cephalonia 38s 6d to 395, and old 34s to 35s per cwt.
Raisins are in small supply, and are much in demand—
new Denia 325, Lexia 28s, Valentia 403 to 475, red
Smyrna 38s to 42s per cwt.
havei
s S7rd 'bat
eoieTnissi —The :ceder ,
gpbauul
beenit4u si
Island is not much required, but is 8/c1 to is 9/d are the
rates asked. Jamaica is held for full quotations, the
goodoa forrm d amount ur sn.4tso
homef
Plainttorbusinessa d
4es concludeda2ndd.
a purposes,ndmiddling
a and
fihd naes
there
3t
o 9 4sto 63c16'
per cent over proof we quote at 3s 8d to 3s 10d
and high flavored 4s 4d to 4s 9d per gallon.'
Demerara is not much in demand, and 2s 8d
to 3s 2d are the rates accepted for 28 to 48
has. been dealt in with caution
per cent. over proof. Of Havannah only small
parcels have been sold at is 5/d to is 6d proof. Geneva
ordinary, and fine at 2s 8d to 3s 3d. The market for
Brandy is inactive, and prices are on the decline.
Cognac, best brands of the vintage of 1846 can be
obtained at 4s 9d to 4s 11d, and ditto 1847 at 3s 8d to
3s 10d per gallon.
INDlGO.—Although East India can be obtained rather
under. the rates of the quarterly sale that terminated on
Friday last, yet few export orders have been com-
pleted. and the home trade operated with caution in all
sorts. 0n the part of holders there appears to
hr a desire to realise, on account of the disarranged
state of trade on the continent. Spanish has been ope-
rated in with muck caution, and can be obtained upon
lower terms. There is a fair supply at market.
SALTPETRE.—To-day there was little desire evinced
to do business in Rough privately; prices still tend
downwards, and rule at 30s to 33s per cwt for low to fine.
OlLs.—Although holders of Cocoa Nut. Oil are sellers
upon further reduced terms, still the purchases made
have been limited at 40s to 46s per cwt for low to fine
quality. The dealings in Palm have been small and
easier rates are taken, middling to fine quality selling
at 30s to 331, and there is an increasing stock. Olive
eiss
offered upon further reduced terms, yet home buyers