The Sun.
London, England, 1848-01-07 00:00:00

MARKET INTELLIGENCE.

From the London New Price Current of Jan. 7.)
SUGAR.—To-day the home trade were induced to
operate largely in Raw Sugar, in consequence of holders
being willing sellers upon former low quotations, and it,
some cases rather under for soft and brown kinds.
There is yet no increase in the export demand. For
West India Muscovado the demand was very good
both from grocers and refiners, but the rates taken
were the same as in the early part of the week for all
kinds. The total quantity sold amounted to 820 hbds
and tierces, including 92 hhds of Barbadues at auction,
wore sold at steady prices; fine yellow fetched 44a, good
middling and good 40s to 425, low and middling 38s to
39s 6d per cwt. Towards the close of the Sugar market
the tendency of prices appeared to be downwards.
REFINED.—To-day refined goods were much wanted,
but the supply keeps scanty, brown grocery lumps could
not be obtained under 545, and standard 55s per cwt.
Bonded crushed is held with firmness, the finest at 31s
per cwt.
EAST INDIA.—This afternoon little desire was shown
to make purchases in Madras Sugar, and 3,010 bags at
auction sold at barely the previous value. 3 parcels of
Bengal were offered, amounting to 2,476 bags, the whole
sold, white and strong yellow at full rates, but soft kinds
went rather cheaper. A public sale of 257 baskets, 50
cases of Penang went upon previous low terms.
Meurtmus.—This afternoon the purchases made in
Mauritius Sugar were to a less extent privately, but
515 bags, 3 casks at auction generally fetched the full
value—good yellow went at 38s to 38s 6d, midding 36s
to 37s 6d, low 33s 6d to 355, good and fine brown
30s 6d to 335, damaged 28; to 38s per cwt.
FOREIGN.—To-day there was no public sale of Foreign
Sugar, and the operations privately were of little mo-
ment. Although holders are willing to accept low
prices. -
COFFEE.—This afternoon there was little passing in
Coffee either for home consumption or exportation.
The value of good ord Native Ceylon is 31s to 325. At
auction 17 bales of Mocha sold at 54s to 56s for mid
greenish, and at 37s for Triage ; 428 bags of Ceylon
went at about the former value—mid plantation 81s 6d,
fine fine ord 41s to 445, fine ord 38s to 40s 6d.

CocoA.—British Plantation is more required, but
holders insisting upon an advance on previous rates of
Is to 2s per cwt, operated against business, and 425 bags
of Trinidad at auction were only in part disposed ot,
floe red at 50s, good 46s 6d to 475, and middling 45s
per cwt. Foreign met with little attention, and 35s to
37s per ewt is the value.
TEA.—The market has decidedly a better appearance
for all descriptions of Congou, merchants manifesting
more firmness, whilst the town and country trade have
been more inclined to make purchases. By private
treaty a good business has been concluded, whereas the
rates obtained are rather above those previously current.
Souchong is not touch in request at pre:ent, and prices
remain low. In Green the proceedings have been of a
more important nature, and at slightly enhanced rates.
Pekoe Teas are more in request, and prices are firmer.
Of all kinds of Tea there is a less quantity on offer in
tt.e private market. At public sale 1,002 chests of Assam
were all sold at full rates to a small advance. Of the
quantity offered about half consisted of low and useful
descriptions-200 chests fine middle class superior leaf,
last rather injured in transit ; 70 chests highest class
very superior wiry flowery leaf, a portion consisted of
the growth of 1847.
SAGO.—This afternoon Sago met with little attention,
aid 138 boxes 3 bags at auction went at 17s 6d to 18s for
fine small white Pearl, and at 15s to 15s 6d for good.

SPICES.—This afternoon Pimento was in excellent re-
quest, and 317 bags at auction were chiefly sold at stiffer
rates, good fetched 4d, middling 50 to 5:0, damaged
3d to 3Ad. The market for Ginger is yet quiet ; 268
bags of Bengal at public sale sold at 20s to 21s for fair
wormy shipping sort. Of Cloves 15 bags Zanzibar sold,
good 60 to 60, and 4 cases Bencoolen is 9d per lb.
SPIRITS.—There are sellers of Jamaica Rum rather
under the former rates ; still exporters and the home
trude operated with reluctance in all kinds. For Lee-
ward Island prices remain much the same as pre-
viously, but the sales amount to only 200 puns
plain quality at Is aid to is 7d prof, good and
fine brown ditto Is 7d to is 8c1; East
India has been dealt in with caution at is 5d to is 6d
proof. The market is firm for Brandy, and a good
,1 business has been concluded. British Corn Spirit is in
good request at the reduced rates previously noticed,
that is to say of lOs 3d net cash. Gin finds a free sale
17 per cent ; under proof at 9s 10d, and 22 ditto 8s 4d.
The sales made in Geneva have been of a limited nature,
common shipping sorts at 2s (id to 2s 7d, and fine for
home consumption at 3s to 3s 6d.
RICE.—To-day there was more disposition shown to
operate in East India Rice at the public sales which con-
tained 480 pockets, and 3,240 bags; the chief part was dis-
posed of, and at full rates. Bengal fine cergo went at 9s fid
to lOs 6d, damaged 5s to 9s 6d. Ceylon—low and very or-
dinary sound cargo 7s to Bs, fine 9s to 9s 6d, common pearl
barley 8s to 8s 6d, fine 10s, damaged 5s to 9s 6d, Bengal
damaged 51 to 12s, middling sound white taken in at
13s 6d which was above the value.
FRUlT.—There has been a much better demand for all
descriptions since Christmas than we have experienced
for a length of time—the low prices have caused an im-
mense consumption; a very large business has been done
in New Zante and Cephalonia Currants at 371
to 38s, Patras 37s to 40, old Currants "30s to 325;
the importers are now demanding an advance of 2s per
cwt., which appears to have checked further operations.
Of new Valentia Raisins the stock is very small and
mostly out of condition, but are taken freely.
CocIIINEAL.—The demand has been active, and a rise
in the value of hi per lb took place, although there is a
good supply at market. At public sale 130 bags of
Honduras silvers were sold at 4s 5d to 5s Id for orcinary
to fine ; 5 bags of black were, however, Liken in at
5,8 d to 6s 10d ; 10 bags of Mexican silvers at 4s 6d,
and 4 bags of Teneriffe at 5s per lb.
SALTPETRE.—To-day there was a large supply of
rough at warket, and little desira was shown to operate.
A t auction 4193 bags imported from New York were
offered and taken in at barely the former value. English
refined sells readily at 36s 6d. The market for Nitrate
of Sodo is dull at 12s per cwt.
TURPENTINE.—The rates asked are 33s to 34s for
spirits ; the sales made are, however, of little moment,
and the supply continues to be good. Rough is dull of
rale, and cau be obtained at Bs. Tar is wanted, and
having a small supply, buyers are compelled to pay 20s
for Archang-I and 19s 61 to 20s per barrel for Stockholm.
OlLS.—This afternoon at public sale 50 tuns of Sperm
Oil sold at stiffer rates—fine fetched 821 to 82110 s, and
a few lots for exportation only 801, 55 tuns Seal, yellow
241 5s to 251 10s, straw 261, and dark 231 to 241 10s;
.15
tuns of Southern, good 3115 s to 311155.
TaLLow.—This afternoon the quantity of tallow of-
fered at public sale was large, and a slight decline in
P' ices took place. Of Hudson's Bay 30 NM, were
taken in at 43s to 14s. 836 rackngPs • • ;1
suid—g3,,,l and t;Ale 43s 6.! to 66,
middling 383 to 43s ; 300 boxes South American were,