The Sun.
London, England, 1848-10-27 00:00:00

INDIA

[The following appeared in our Fourth Edition of
Last night]:—

COMMERCIAL INTELLIGENCE.
(From the Gentleman's Gazette.)
BOMBAY, SErrEmBER 14.
The market both for imports and exports has, during
the past fortnight, exhibited an increased and healthy
activity. The fall of rain at the presidency has been
abundant and seasonable, and the monsoon, which is
now drawing to a close, may be pronounced to have been
an average good one. The reports of crops from the in-
terior are in general most favourable, and the Marwar-
ries and others are already appearing in the market as
purchasers. A few Arabs also have been buyers.
Every description of textile fabrics is now finding a
readier sale than has been seen for years at this season,
and transactions would be more numerous and weighty,
but that holders generally look upon the prevalent prices
as low, and expect a rise. The moderate first cost,
however, at which much stock is now held, and can as
yet be replaced, at once enables sales to be effected
without loss at what would have been very low rates
during these some seasons past, and is in fact forcing
them to be so. . _ _

Grey and white shirtings, low and medium qualities,
have sold to the extent of 25,000 to 30,000 pieces, and
grey madapollams the same. Grey jacconetkhave been
in good request, and the price has improved, but the
stocks at market are small. Grey domestics, after being
long neglected, are now in demand for dyeing pur-
poses, and Lt. the Arab and Persian markets. Bleached
goods generally have been in fair request. Jacconets
of the lower qualities selling freely, and shirtings being
much reduced in stock. Dhoties, handkerchiefs, Turkey
red cloths, prints, mulls, and madapollams, and prints
and chintzes generally, are all finding a ready sale, and
at better prices than prevailed at this season last year.
Yarns continue in fair request at former prices. The
sales reported are:-
128 bales mule yarn, 300 lb each bale—No. 20, ija;
No. 30, 64a; No. 40, 7ja; No. 50, Sa; No. 60, Of a; No.
70, 9fs•' No. 80, 101 a; No. 90, 110; No. 100, 13a.
82 bales water twist, 300 lb. each bale—No. 20, 6ja;
No. 30, 7a; No. 40, 7ia; No. 50, Bja.
20 cases white ball thread, No. 20 to 100, 15a per lb.
20 cases, No. 10 to 100, 15a per lb.
Si cases mule yarn, 300 lb each bale, No. 20 , 61a;
No. 30, 64a ; No. 40,' 71a; No. 50, 8a ; No. 60,
9s; No. 70, 9fa. Water, 300 lb, each bale, No. 20,
6ja; No. 30, 7a; No. 40, 71,a; No. 50,81 a.
15 cases Turkey red yarn, 300 lb each bale, lr 61a
per lb.
10 cases, 4001 b each bale, it 5a per lb.
17 cases, 3001 b each bale, 2r 7ja per lb.
Orange yarn is much in request, but stocks being ex-
hausted our quotations is nominal.
Metals are generally dull. Swedish bar is scarce and
wanted. Spelter continues in some request. The fol-
lowing are all the sales of which we are advised:-
1,500 cdy English iron ... 29 0 0
135 bundles steel ... ... 10 8 0
Cochineal is held largely by both first and second
hands, and the price remains low. We have heard of a
considerable sale at 3rs la per lb.
Beer and Spirits.—The stock of Allsopp's beer is ex-
hausted, and it has been freely selling to arrive at 70r.
per hhd. Bass has sold to the extent of nearly 100
hhds. at the same figure. Whitbread's, 100 hhds. at 511 r.
In spirits the following sales have had effect :-
5 Brown Brandy, per gallon ... ... 2 12 0
10 Quarter Pale ditto, ditto ... 2 12 0
100 Cases Gin, 11 bottles square in each case 17 0 0
Sundries.-10,0001bs. ball thread, at 143. to 15a. per lb.
262 boxes crown glass 100 feet square each box at
13j rs. per 200 feet.
In the export market cotton wool is rising, the demand
for China being brisk, and something doing for Great
Britain too. Opium is quoted lower, and some is chang-
ing hands.
Freights to Great Britain are quoted at 21 15s to 31
per ton, though some engagements in second-class ships
have had effect at a lower figure. To China the rate of
the day is 10f rupees, though 11f has been given this
week. The supply of tonnage in the harbour is amply
adequate to all demand.
Exchange and Money Market—The rate of the day
for paper at six months' sight is is 9 9-16 d to is 9-fd. It
has been at is 94d during the fortnight, and one of the
local banks has both been a large buyer and seller at
one figure, is 90-a somewhat useless way of working.
At 30 days' sight we quote is 81d to Is Bfd per rupee.
On China we quote 208 rs per 100 dollars. On Madras
and Calcutta ho quotations. Money yet remains easy,
and commerce is being restored. We quote stocks and
other prices as under:—
PRICES OF BANK STOCK AND BULLION.
GOVERNMENT SECURITIES.

5 per Cent. Loan of 1825-26 104 IL per 100 Sic. R.
4 Ditto ditto 1832.33 88 ditto

4 Ditto ditto 1835-36 85k per 100 Co.'s R.
5 Ditto ditto 1841-42 99 to 99} ditto
4 Ditto ditto 1842-43 85 ditto
5 Ditto ditto Transfer Loan 21 per cent. prem.

BAMK. SHIRES.
Bank of Bombay—Mir to 33r per cent. premium.
Oriental Bank-7r per cent. discount.
Agra Bank-20r per cent. premium.
Commercial Bank-14r per cent. discount.
Bombay Steam Navigation Company's Shares-45 per
cent. discount.