The Sun.
London, England, 1846-10-07 00:00:00

CALCUTTA MONEY MARKET, AUG. 15.

The Money Market is still easy, and transactions of
safe character command assistance at current bank and
bazaar rates ; but within the last three or four days the
market has been rather dull, and there has been demand
for accommodation ; the outward remittances from home
have been limited, and accounts from the up country
marts are not quite so favourable as before ; the follow-
ing shows market value of bullion and foreign coin and
the rates of banking transactions ; in the latter we have
no alteration from former quotation to report.
GOVERNMENT LOANS.--The value of these investments
has generally declined, indicative of a change in the dis-
position of the money market; the premium on Stock
paper has fallen R. 2 per cent.; paper of the second
five per cent. loans, to sell is 8 annas per cent. lower,
but to buy one rupee per cent. higher ; of the third five
to sell 4 annas per cent. higher, and to buy 4 annas per
cent, lower ; paper of the new five per ceat. has declined
4 annas per cent.; the discounts on four per cent. paper
have increased, on the old 12 annas to Rs. 1 4, and on
the new 4 annas per cent.
BANK SHA RES.—Tbe value of these investments like
wise exhibits decline ; shares of the Bengal Bank are
25 rs., and of the Union 15 rs. per share lower than the
quotations in our issue of the 7th instant ; shares of
other banks are without alteration.
The operations of the Bengal Bank for the last month
(July) are reported equal to 15.2-21 rs. per cent. per
annum.

EXCHANGE MARECET.—The transactions by the mail
of the 7th instant, in bills at 10 months' date, ruled
chiefly at 2s. Old. to 2s. o,ld. per rupee, but immediately
after the exchange advanced to 2s. Ifd. per rupee ;
within the last two or three days, however, rates have
retrograded, and some unexceptionable bills have been
taken at 2s. Oid. per rupee ; it is probable that the
anxiety to avail of decidedly good paper for to-day's mail
has occasioned the recession on the exchange ; at present
transactions rate at 2s. ofd. to 2s. °id. per rupee, ac-
cording to the character of paper.
FREIGHT.!.—The rates of homeward freightage con-
tinued steady at our last quotations to within the last two
or three days, when a sudden' advance of ss. to 10s. per
ton took place. At present but a smnll amount of ton-
nage for London is available, and it is probable that en-
gagements to sail before the approaching holidays may
command ss. per ton advance upon reported rates ;
freightage to the Mauritius has declined, the accounts
from thence show a fall in the prices of grain.

IMPORTS.
The market, excepting for cotton piece goods and
yarn, is generally less active than at the date of our last
issues ; there is an absence of speculative demand, espe-
cially from the upper provinces, and the aversion which
native dealers have to enter upon heavy engagements
preceding the approaching native holidays imparts dul-
ness to the market.

METALS.—This market has been especially dull since
our last issue; transactions have been very contracted,
and chiefly on local demand.
Corrox PIECE GOODS.—Business in this trade conti-
nues extensive ; our present exhibits considerable sales
of heavy white goods, as jaconets, mulls, cambrics, ma-
dapolams, and shirtings, but prices have been rather
lower ; the lighter fabrics for native wear have been
more inquired after, as usual, preparatory to the ap-
proaching native holidays ; chintzes and coloured goods
are still neglected.
COTTON TWlST.—sales to considerable extent conti-
nue ; latterly medium numbers have been let off at
slightly reduced prices ; imports are heavy.