The Sun.
London, England, 1848-11-24 00:00:00

THE BRAZILS.

LIVERPOOL, THURSDAY.—Letters from Pernambuco
to the 17th ult., and from Rio to the 6th, have been re
ceived by the Harriet, arrived in the ➢lersey yesterday.
At Pernambuco exchange was 24d., and was expected
to advance. Freights were 4d per lb. for cotton, and
45s per ton for sugar. Produce was very abundant, as
likewise shipping. Business was tolerably brisk, and
every appearance was exhibited of an improvement. A
new President had just arrived in the steam-boat from
Rio Janeiro. Everything was perfectly quiet. The
Crane packet had arrived with the September mails from
Falmouth.

From Rio we learn that the rate of exchage was 23d.
A no(-w Ministry had been formed, and, judging from the
names known, it would appear to be favourable to British
interests. Amongst the members were—Viscount
Olitida (late Regent), Foreign Afftir►; Viscount Moal
Allegro, Empire; Enzibio Quiroz Coturbo, Justice; and
Manuel Tilezardo, Marine.

The Express packet was to sail from Rio fur Falmouth
on the 10th.

WEST INDIA MARKETS.

.TAsteice, OCT. 23.—Since our last report the trifling
tendency to improvement which we therein noticed has
subsided, and left our market, if possible, duller than
before. Indeed we think trade more slow now in King-
ston than it ever has been—a state of things which vre
i had every reason to expect and foresee, but which s,
nevertheless, dreadfully deplorable. On referring to
the detailed notices of the various articles of commerce '
given below, it will be observed that the following sen-
tence frequently occurs:—" The stock is very light, but
there Is not any demand." This fact proves, more Ihan
any words we could write, the position of trade in King-
ston at the present moment. Formerly, if the supply
of any article were light, if even retailers were stocked,
speculators were found who would purchase for a rise—
persons who would " bull" when occasion offered—but
there is nothing of that kind now in Kingston, simply
because there is not any money. All parts of the island
have been visited by plentiful showers of rain, which, in
some districts, have lasted longer than usual. Unfor-
tunately, we are not in a position to take advantage of
them, many of the sugar estates having been either
changed to breeding pens, or entirely abandoned.
Flour—There have not been any arrivals since our
last, and the stock is becoming reduced, but owing to
the unusually small demand the supply may still be
called considerable. Sales are dull at 34s to 355. By
retail, 36s is asked for Baltimore. As we are about
closing, we learn that two of the late arrivals brought
.flour, about 1,800 barrels. Nothing has yet been dune
in sales.
Butter—lrish obtains 11d to 110., but moves off very
slowly, the demand being extremely dull, although the
stock is limited. A sale of 20 firkins Litlifax has been
made at 'Did, but the value of Nova Scotia now at mar-
ket cannot be stated at more than 8d; were the quality
better more could be obtained than the latter figure.
We have to advise shippers that butter for this market
should be of a bright yellow colour, and must not
be too highly salted. There is very little American
at mark( t.

Hams—Lancashire of good quality are beicg sold at
3d per lb. American aro worth 6d to lid.
limn—Sales of an approved brand, proof 19, have been
made at 4s per gallon, equal to 26 6d for exportation.
The current value of the article is 3s 7d to 3s 9d; proof
21, equal to 2s Id to 2s 3d for exportation.
Sugar has receded very materially, owing to a rather
large supply, and the unfavourable news by the packet,
and cannot be quoted over 13s to 17s per cwt.
Pimento has been sold at 2d per lb, but that rate can
hardly be obtained now.
Freights—None offering in Kingstor. 31 per ton has
been given for sugar at the Northside.
Exchanges on London—Colonial Bank, 90 days, I per
cent. premium; 60 days, 2i per cent. premium. Jamaica
Bank, 90 days, 1 per cent. premium; 60 days, 1 per
cent. premium.—lie Cordova's AfercaNdc Intelligescer.