The Sun.
London, England, 1848-01-08 00:00:00

THE SUN, LONDON, SATURDAY

MARKET INTELLIGENCE.

t 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 in
some cases rather under fur soft and brown kinds.
There is yet no increase in the export demand. For
\Vest India Muscovado the demand was very good
both from grocers and refiners, but tic rates taken
were the same as in the early part of the week for all
kinds. The total quantity sold amounted to 820 hhds
and tierces, including 92 hhds of Barbadoes at auction,
were sold at steady prices; fine yellow fetched 445, 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 315
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. Three parcels of
Bungal 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.

. .
Metrarrius2---This afternoon the purchases made in
Mauritius Sugar were to a less extent privately, but
515 bags 5 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 28s 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 baes 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 51s 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 of,
fine red at 50s, good 46s 6d to 478, and middling 45s
per cwt. Foreign met with little attention, and 35s to
37s per cwt 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 much in request at preeent, 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
the 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,
but rather injured in transit ; 7O chests highest class
very superior wiry flowery leaf, a portion consisted of
the growth of 1847.:
SAGO.—This afternoon Sago met with little attention,
and 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 5-0 to sd, damaged
30 to 34. d. 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
trade 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 90 to: is 7d proof, good and
fine brown ditto is lid to is Rd. East
India has been dealt in with caution at la .5d to is 6d
Proof. The market is firm for Brandy, snd a good
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
common shipping
'll;lepernt ; under proof at 9s 10a, and 22 ditto 8s 4d.
—To-day there sales made in Geneva have been of a limited nature,
home consumption at 3s to 3s 6d
sorts at 2s 6d to 2s 7d, and fine for
RICE.
operate in East India . disposition shown to
lweeas mote.
at ,
ipr, public sales which con-
tained 480 pockets, and 3,240
a'g '
po,ed of, and at full rates, g s • the chief part. was dis-
ngal tine cargo went at 9s 6d
to lOs 6d, damaged 5s to 98 0(1- Ceylon—low and very or-
dinary sound cargo 7s to Bs, Pale 9s to 9s 6d, common pearl
barley 8s to 8s Gcl, fine 10s, damaged 5s to 9s 6d, Bengal
damaged 5s to 12s, middling sound white taken in at
13,, 6d which was above the value.
FRUlT.—There has been a much better dr•mand for all
descriptions since Christmas than we hay., 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 Cephalortia Currants at 37,
to 38s, Patras 37s to 40s, old Currr4nts 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 take n freely.
u'eRINEAI--The demand Ims br active, and a rise
in the value of id per lb '
en
er took place , although there is a
good supply at market. At pub! dc sale 130 bags of

Honduras silvers were sold at 4s 5d to 5s ld for ordinary
to fine ; 5 bags of black were, however, taken in at
5s 8d to 6a 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 desire was shown to operate.
At auction 4,193 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 Soda is dull at 12s per cwt.
TURPENTINE.—The rates asked are 33s to 34$ for
spirits ; the sales made are, however, of little moment,
and the supply continues to be good. Rough is dull of
sale, and can be obtained at Bs. Tar is wanted, and
having a small supply, buyers are compelled to pay 20s
for Archangel and 19s 63 to 20s per barrel for Stockholm.
Ou.s.—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
24/ 5s to 251105, straw 261, and dark 231t0 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
prices took place. Of Hudson's Bay 30 tons were
taken in at 43s to 445. 836 packages New South Wales
mostly sold—good and fine 43s 6d to 455.6 d, low and
middling 38s to 43s ; 300 boxes South American were
taken in at 46s for fine; 5G3 casks of wrecked first sort
P. Y. Candle were sold at lower rates.