The Sun.
London, England, 1848-07-12 00:00:00

THE SU'N, LONDON,

dia, and sellers are disposed to make a further conces-
sion in the value; buyers on the other hand make sales
with caution. Red Trinidad can be obtained at 38s to
425, and grey 35s to 38s. None at present has been
offered at public sale. For Foreign there are few buyers,
and holders are sellers at 32s to 344 per cwt.

TEA.—To-day a good amount of business was trans-
acted privately, chiefly in Congou, and at dull rates.
It is difficult to obtain sound clean under 8d per lb.
Rim— To-day more inclination was shown to do
business in East India Rice, and privately several par-
cels were sold. At public sale 750 bags 1,000 pockets
Bengal were sold. 2,000 bags Madras went at 8s to
8s 6d for middling pinky white, and 5s 6d to 8s for
damaged. These rates are all 6d per cwt higher.
SALTPETRE—To-day there was little desire evinced
to do business in rough, and on the part of holders a de-
sire was shown to sell; the market was also well sup•
plied. Of 1,785 bags Calcutta offered at public sale, a
small part only sold at a reduction on former rates of is
per cwt. Of Madras 547 bags were all bought in. For
British Refined the market is dull. Nitrate of Soda is
little wanted.
SPIRITS.—There are sellers of all kinds of Rum upon
lower terms, as export orders are trifling, whilst home
dealers operate with caution, and there is an extensive
stock. We quote proof Leewards at is 7d to is Bd, East
India proof is 4d to is 6d, Demerara 28 to 38 per cent
over proof 2s 6d to 3s, Jamaica good and fine quality 33
to 37 per cent over proof 3s 9d to 4s sd, middling and
good middling 3s 5d to 3s ad.
INDIGO.—The market for East India is in an unfavour •
able position, especially as regards the better qualities.
There is a great want of export orders, and the home
trade are very cautious in their proceedings. The
quarterly sale commenced this day, and the quantity
declared amounted to 9,208 chests. of which 1,120 chests
have passed the sale this day. The attendance of ex-
port and home buyers was very small, and the biddings
were far from being animated. Importers have, gene-
rally, given strong support to their Marks by buying in
a large proportion.
COCHINEAL. This afternoon there was not much
desire evinced to do business, and 200 bags of Mexican
at public sale were only in part sold at 3s 5d to 3s 9d
for silvers, which are about former rates, but blacks sold
at 38 6d to 4s Id, which is ld lower.
TALLow.—There are sellers of Russian on the spot
upon reduced terms, yet on the part of the trade little
desire has been manifested to do business, and 44s
to 44s Gd is the value of fine P. Y. Candle ; a further
reduction is expected to take place. For delivery in
the last three months of the year, sellers are
willing to accept 435, but few buyers are to be met
with. Of home made there is a good supply with
only a limited demand, prices have fallen to 43s 6d to
446 6d nett cash. There is no decrease in the supply
of other kinds of Tallow, and lower rates are accepted,
but the parcels offered at auction were nearly sold.
Rough Fat is freely offered at 2s 6d per stone.
OILS.—The imports of Fish Oils are upon an enlarged
scale, whilst former rates are Rot supported, ex-
porters and home consumers not having shown
much desire to do business since this day week.
Southern is less required, and must be called rather
cheaper, whilst few sales have been made in the private
market. At auction 103 tuns were sold. Cod has been
dealt in with caution. For Sperm the market has a
dull aspect, and as there is a plentiful supply,
prices continue to recede. The best British Oil
cannot be quoted above 781. per tun. In
the value of Linseed Oil we have little variation to
make known, but the home demand has become limited,
and few export orders have been completed. Rapeseed
Oil has been dealt in with caution, and prices keep upon
the decline. For Palm prices do not improve on ac-
count of heavy arrivals.