The Sun.
London, England, 1848-07-03 00:00:00

1848.

[PRICE SD.

in a quiet state, transactions being very limited. The
intelligence from home up to the 24;h of March, received
on the sth instant, is not calculated to lead to any im-
provement in commercial matters here, either in regard
to imports or exports.
Grey Shirtinol—Latterly accounts have reached this
from some of the principal up-country markets, of a less
favourable aspect, and the effect has been a slackening of
demand, which, unless holders are firm, will, in all pro-
bability, lead to a reduction in prices, but this, we think,
will only be temporary, for imports have been light, and
stocks are a good deal reduced.
White Shirtings—A good demand still prevails, but
the late news above adverted to have brought down
prices from 2s. to 4s. per piece below the rates recently
current.

Comparative statement of shirting imported into Cal•
cutta from Great Britain for two years ending 30th o
April:—

1846-47 ... ... 18,90,220 pieces.
1847-48 10,71,222 „
White Twills—Since our last there have been [hardly
any sales, and the value is unchanged.
Madapollams—For these a brisk demand prevpils, and
all arrivals are immediately bought up at good rates,
both white and grey bearing a higher value than for
some time past.
Comparative statement as above:-
1846-47 1,50,062 pieces.
1847-48 1,64,937 „
Jacconets, both grey and white, continue to command
attention at fair rates, and there is every prospect of
these goods doing well.
Comparative statement as above:-
1846-47 ... 1,145,373 pieces.
1847-48 ... 979,459 „
White cambrics are now somewhat dull; prices are
considerably lower, and many pareels,-purcbased a good
while back, still remain in the hands of the dealers.

Lappets have not improved in any way, but more busi-
ness will probably be done in them in a month or so,
when it is to be hoped prices will advance.
Comparative imports as above:-
1846-47 ... 6,49,192 pieces.
1847-48 . . ... 5,14,376 ' ,
Book Muslins—At length a sale of low Nos. has been
effected--No. 1, lr. la.; No. 2, Ir. la. ; and No. 3, lr.
7a. per piece. In tine goods little is doing, and altogether
the market is still languid.
Mull Mulls—We note but few sales of this article, and
since our last there is no change in value to report.
Turkey Red Goods.—Twills—Wide goods of light
make are in moderate request, but there is very little
doing in any other description. Cambrics are not much
asked for, whilst in mulls and printed goods few trans-
actions have taken place.
Prints and Chintzes continue in better inquiry, and a
few sales have taken place at improved prices.
Dhooties and Scarfs—As usual at this season only a
small demand exists, and prices are consequently low.
Mule Twist—Has lately given way in value, and
most counts must be quoted 2 to 3 pic per morah lower.
This fall, however, it is expected, will soon be recovered,
as the late reduction has been caused chiefly by one or
two parties forcing sales to close accounts.
Comparative imports as above :-
1846-47 ••• 1,63,64,9521 b.
1847-48 1 08 63 6871 b
Coloured Yarns—ln Turkey red there is no change ;
holders are, however, firm in their demand, and it
seems reasonable to suppose that the present low prices
cannot much longer prevail. Other colours continue
dull.

Metals—Rave remained in a very quiet state, trans-
actions in all sorts, excepting iron, being only to a
trifling amount. Copper has not yet attracted much
demand. Iron has sold pretty freely at our quotations.
Lead and steel are without change. Spelter has re-
ceded, and its present nominal value is, company's ru-
pees, 9-12 to 9.14.
Beer—We have no change to report either in Bass'
or Alsopp's. The rates quoted in our last being present
value. In Tennants' and other brands we have heard of
no fresh sales.

Salt—The only sales we have to note are 4,000
maunds Liverpool, at 49, and 5,000 Bombay, at 39-8
per 100 maunds.

MONEY MARKET.

CURRENT VALUE OF GOVERNMENT SECURITIES, BANK

STOCK, &C.

R. a. R. a.
Transfer Five per Cent ... 6 oto 9 0 premium.
Second ditto... ... 4 0 to 4 8 discount.
Third ditto ... ... 4 oto 4 8 „
New ditto ... 112 to 2 0 „
Company's Rupees,4 per Cent. 16 oto 17 0
Sicca Rupees, ditto 18 oto 19 4 „
Bank of Bengal Shares, Co.'s R. 2,025 to 2,050 premium.
Agra Bank ditto ... ... Par to 25
N. W. Bank ditto ...
Cawnpore Bank ditto ...
FREIGLITS.

... Par.
25 discount to par.

To London. To Liverpool.
s. d. s. d. s. d. s. d.
Sugar ... 5 0 oto 5 5 0 415 oto 5 0 0
Saltpetre 5 0 oto 5 2 6 415 oto4 15 0
Rice ... 5 5 otos 10 0 5 0 oto 5 5 0
Ilidea ... 510 otos 15 0 5 5 otos 10 0
Jute ... 415 oto 5 0 0 4 5 oto4 10 0
Raw silk . 5 10 0 to 6 0 0
Indigo ... 5 10 0 to 6 0 0
We have had several arrivals of late, and rates have
a downward tendency.
The Bentinck was announced by telegraph yesterday,
and may be expected here at one to two Pat. to-day.

REPORT ON THE STATE OF THE BOMBAY
MARKETS,
FROM THE 12TH TO THE 19TH MAY, INCLUSIVE.
(From the Bombay Times.)
FRIDAY AFTERNOON, MAY 19.—During the period
that has elapsed since our last report, which was dated
the 12th inst., no change of importance has occurred in
our market for imports. Some excitement has been
caused by the decision of the Supreme Court here
against the repudiators of the opium bargains, but we
think it is likely soon to calm down. An opinion is ex-
pressed in some quarters that much loss will fall upon
parties in Bombay and thereby cause some injury to our
commercial interests. This opinion we think erroneous,
for, as we have lactote stated, the chief loss will fall upon
the Mharwarrie Shruffs and dealers, and they are able
and prepared to meet their obligations. Some of our
native merchants will no doubt suffer severely also, but
no general ill effect is, we think, likely to result there-
from. We are glad to have it in our power to continue
to report favourably of the state of our money market.
Our up-country dealers find no difficulty in obtaining
the usual facilities for their operations, and notwithstand-
ing the now fast approaching close of the season, they
are still in the suarket continuing their purchases.
Cotton Piece Goods—Our market has been steady
during the past week for grey goods of all descrip-
tions, with the exception of grey domestics, which
continue much depressed. Grey madapollams are
eagerly inquired for, as also grey jacconets of low
and middling qualities. Grey shirtings of forty
inches widths of low quality are in good demand, and
there is also some inquiry fur the finer makes, but the
intermediate makes are not much asked for. Low and
middling makes of the same fabrics in 45 inches widths
are in fair request. Bleached goods of all the foregoing
descriptions are not in such active demand, and the
prices obtained are somewhat lower than those previ-
ously ruling. Fancy goods, satin spots, striped and
checked doriahs, lappet scarfs 5 yards 45 inches, and 45
inches grey Dhooties, have been in some inquiry, and
are scarce; while lappets, mull mulls, and harness springs
continue dull of sale. In dyed goods we have no change
to notice, as both Turkey red twilled and plain cloth con-
tinue languid, with only an occasional inquiry for a su-
perior quality.
Cotton Yarn—Further shipments have been made to
Calcutta, and as stocks in this market are now much re-
duced, holders generally are indisposed to sell, but buyers
as yet refuse to give higher prices, and the sales reported
are at the low rates previously ruling.
In dyed yarns we have no change to notice.
Cochineal—A further decline has taken place in the
value of this article, and the price may be quoted at 3-k
rupees, at which we have heard of a sale of 1,7001 b.
Metals—We have had some arrivals of English bar
iron, but no sales have yet been effected, though we hear
rupees has been refused for a good assortment. In
other descriptions there is no change. Copper h ex-
perienced a further decline. Spelter has been shipped
in some quantity to Calcutta, but prices hero have con-
tinued to recede since the date of our last report.
Swedish steel, both in faggots and tubs, is dull and in
limited demand. Lead is steady at our quotations, and
there is a good inquiry for both pig and sheet.
Spirits—Brandy continues to decline, sales to the ex-
tent of seven hogsheads and 26 quarter casks having
been made at 2i rupees per gallon. Gin is in good de-
mand, and 50 kilders, containing 25 large square bottles,
have been sold at 19 rupees each, and 50 kilders, con
taining 12 small ones, at 9 rupees each.
ce th
Beer—Little has been done in this article
Binto con-
e
date of our last, the shopkeepers being
unwilling
ate been
tinue paying the high prices that have
and con
wantsruling, finingtlie.ir purchasesllesa
ies taor
ethe
reported supply
ao
sf
immediatetheir
follow:
50 hogs„ poheads Ten:ants' beer,rer t at, •• 50
10 , •••• Rs.„ 55
60 „ Whitbread's ~ •-• ~ 50
Marine Stores.—Paints continue in fair demand, and
a sale of 100 cwt. is reported at 12ir., the assortment
being 60 cwt. green, 40 cwt. yellow, and 20 cwt. black.
A sale of 525 bolts of bleached canvass is also reported
at 16r.
EXPORTS.

Cotton Fool—The continued low rates of freight have
leadof
this
effect of causing a further advance in the value
particularly for Dhollera, which being
he
s ta e
more suitable for the China market, has been affected in
a greater degree by the low freights now obtainable to
that country. The transactions since our last have not,
however, been on a large scale.
Sheep's Wool—Purchases to the extent of 100 can-
dies Khorassan wool at 82r., and 50 candies 3leckran
wool, at 70r., are reported. The stock in the market is
comparatively small.
Opium—The price of this drug remains steady at
1,050 r. per chest for first quality, at which rate pur-
chases have been made. The Bragahza steamer sailed
to-day with 507 chests for China.

FREIGHTS.
A further ?ecline has taken place in rates for China,
he Ameri6n ship Anstiss, recently arrived from Can-
,`ow, htivinrr been taken up at I fr. per canrly. This is
;he first American ship that has entered our port since
.luties on foreign bottoms were abolished, and we
understand other ships of the same nation are on their
way to China. No change has occurred in the rates to
England, which may be quoted at 31. is. 6d. to 3/. 10:.,
for both Liverpool and London.
EXCHANGES.

We have little change to uotiee since our last. Trans-
actions in Russell's draughts on Barings are reported at
Is. Hid. and Is. 10 1., the latter being the rate of the
day ; and in Bank paper at is. 9-Z.d., for six months'
sight bills.