The Sun.
London, England, 1848-07-04 00:00:00

MARKET INTELLIGENCE.

(From the London New Price Current of July 4.)
SUGAR.—To-day there was a further diminution in
the demand for Raw Sugar for home trade purposes,
and on the part of exporters very little desire was
shown to do business. Merchants were more in-
clined to sell, and for most sorts a decline in the
value took place. West India Muscovado was dealt
in with caution to-day for both the scale and refining
purposes, while the prices taken were 6d per cwt under
those of Friday. Only 370 hhds and trcs were sold, in-
cluding a public sale of 150 hhds Barbadoes, which went
off flatly at the reduction above noted ; fine yellow sold
at 435, good 41s to 425, good middling 403 6d, middling
39s to 40s per cwt. The market for both free and slave
labour sorts closes with a dull aspect.
REFINED. —To-day the market was firm for Refined
Sugar, and for home trade purposes a good demand ex-
isted. Standard lumps realized 565, and brown grocery
55s 6d. In Bonded Crushed Sugar large sales were
made for exportation at 25s to 26s per cwt.
MAURITIUS—This afternoon two parcels of Mauritius
Sugar, amounting to 6,202 bags 124 tierces and 206
casks were submitted to public sale, and the chief part
sold, but at Gd per cwt decline, and the biddings were
languid.
EAST INDIA.—This afternoon there was only a:limited
demand for Rengal Sugar, and 4,606 bags at public
sale went at Gd to is per cwt. decline for strong yellow;
white Benares, however, realized the full worth.
FOREIGN.—The market for all descriptions of Foreign
Sugar has bcen in an unfavourabte position since our
last report. On the part of holders a desire has been
manifested to realize upon rather lower terms, still the
export orders completed have been trifling, and
home buyers operated with reluctance, our
refiners working under bond are also little in
want of sugar. The sales concluded by private treaty
are a cargo of white Havannah for St. Petersbugh at 325;
270 chests of ordinary yellow Havagnah for refining in
bond at 18s, and 100 chests of brown Maroim at 17s per
cwt. At public sale 562 packages of Cuba were taken in.
COFFEE.—This afternoon there was little passing in
Coffee by private treaty, either for home use or expor-
tation. At public sale 267 bags of Plantation Ceylon
were mostly taken in above the value—good 60s to 655,
fine 70s; a few lots were sold. Native Ceylon is dull of
sale. _ _ _

CosoA.—West India is not offered at any further de
cline, but the trade operate with caution, and there is a
plentiful supply, whilst further arrivals are expected.
At public sale 250 bags Trinidad were all taken in at the
full value—low and middling red at 39s to 425, and grey
36s to 38s per cwt. For all kinds of Foreign the market
is dull. . .

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TEA.—To-day the quantity of Tea submitted to
public sale amounted to 7,212 pkgs. There was not
much demand, and 2,500 were sold at about former rates.
Congou, ordinary went at 7d to 71d, fair common 742. d to
9d, fine is 2id; Pouchong 44d to sid; Caper, in boxes,
scented is lid to is lid; Orange Pekoe, scented, fine
is Bid to is 10d; Hyson, fine 3s 7id to 3s 8d; Young
Hyson, fine 2s 9d to 2s 10d, ordinary Is lid; Canton
7id; Imperial, ordinary is 2d to is 34d; Gunpowder,
catty boxes, fine 4s 6d to 4s Bd, and Canton is 7d to 2s
per lb.
RICE.—To-day there was no public sale of East
India Rice; and by private treaty all sorts were dealt
in with caution, notwithstanding the low rates current—
Bengal, middling and fine white only realize 9s to 12s
per cwt.
COCHINEAL.—Prices must again he quoted rather
lower, on account of the large supply and limited de-
mand. Of 100 bags Honduras offered at public sale, a
small part only sold—Honduras, low and middling sil-
vers at 3s 7d to 4s.

SPIRITS.—To-day Rum was dealt with in caution, and
the progress of price is still downwards, proof Leewards
can be obtained at is lid to Bd, East India is 5d to is 6d,
Jamaica 28 to 38 per cent over proof as 8d to 4s, fine
4s 2d to 4s 6d, and Demerara of strong quality at 2s 7d
to 3s per gallon. There are again large arrivals of
West India.
SPICES.—To-day at public sale 14 bags Pimento sold
at 3id for low middling ; 20 barrels Jamaica Ginger
were taken in at 56s to 60s for good ordinary; and 7
casks of Limed Dutch Nutmegs, at 3s per lb,