The Sun.
London, England, 1846-10-03 00:00:00

COMMERCIAL INTELLIGENCE

THE BOMBAY MARKET.
(From the Chamber of Commerce Overland Price Current.)
BOMBAY, Aua. 27.—The commercial season is now
fairly re-opened, but hitherto the business done has been
limited, few of the traders from the interior having as
yet entered the market, and the local dealers having
only purchased such goods as it is imagined will be re-
quired by these latter when they make their appearanL.e.
There has been but little rain since our last, and the
monsoon (save in some districts of Guzeraetr,y cav
which have
suffered from excessive rain) has proved T
to the agriculturist. By next mall, when the communi-
cation with the coast will. no thoroughlyon Eopenng,
lwanedmhaays
probably be enabled to report an extension of transac-
tions. Meanwhile the rate of exchange
gradually fallen, and this has of course rendered it neces-
sary for holders to ask higher prices. The scarcity Of
money is no longer felt, and the rates of discount charged
by the banks have been lowered.
Metals—There has been a slight improvement in the
prices of copper, but the transactions havenot been large,
holders generally being indisposed to sell at the current
rates. We aro apprised of sales of 440 cwt, sheathing
at 55e rupees, and 100 cwt. braziers' at 55 rupees.
Iu
iron there have been sumo operations, and both '6w L.albh
and British bar aro in request, though the advaueu in
prices has as yet been but slight.
Besides the above, we hear of some sales of Swedish
bitir at 50r. 5a., and British at 31ir, per candy, together

lot of round nail toll at 45r. pot candy; steel is
in tubs is slightly lower than before—in faggots, without
change. There has been recently an inipertation of
quicksilver from China, and in consequence the price of
that article has given way about 6r. per maund. Spelter
is a shade lower, !and we are informed of a sale of 800
cwt. (small plates at 11r. 2a. per cwt.t and hear of other
transactions is large-sited plates to the extent of about
3,000 cwt.) at 10r. 6a. to 10r. 12a. per cwt., and in 561 b.
to 841 b. plates (about 800 cwt.) at 10r. The tendency
of prices is evidently downward. In lead, tin plates, &c.,
there is little doing, though we believe a sale of the latter
has had the effect at 151 r. per box.
Cotton Manufactures—The sales of these have been
chiefly in gray goods, comprising madapollams, long
cloths, domestics, and jaconets. Improved prices have
been obtained in but few instances, and in the majority
of cases a decline has had to be submitted to. Some
jaconets, part of a bankrupt's stock, have been sold off
without reserve, and with the exception of a few of su-
perior quality, the rates fetched were miserably low.
Mere have been some sales of fine bleached jaconets
And shirtings, but in bleached goods generally but little
has been done, and the prices offered are I,exer than
those of last season. Fancy goods and prints are with-
out inquiry. Turkey red cloths are again in some little
demand.

with

Yarns—There have been transactions to a moderate
,xtent in mule twist, but no material change has taken
place in the prices of numbers below 50. That number
has sustained a slight decline, and those above it are
neglected by purchasers. In water twist some sales have
taken place at improved rates ; and the stocks being
small prices appear likely to rise still further.
We are also apprized of a sale of 4001 b. of Turkey red
yarn, No. 40, at Ir. Ga. per lb. The inquiry for orange
appears to have latterly somewhat revived, but we hear
of no transactions.

Woollens—Woollen cloths have been in some slight
request, but no improvement on previous low prices has
obtained. The market has been injured by the sale by
auction of some cloths rejected by the Government cloth-

ing agent.
Marine Stares—Considerable alterations will be seen
to have occurred in the prices of some of the articles
under this head. Coal tar has declined from 10r. to sir.,
and Swedish from 15r. to 10r. per barrel ; whilst bleached
canvas has given way from 18r. to 16r. per bolt. We
have been informed of no sales, though we believe some
have taken place at our quotations.
Beer—The market is without exchange. Allsopp's
and Bass's have been selling in wholesale at 60r. per
hhd., at which price we understand about 150 hhds. of
the former brand have changed hands since the departure
of last mail.

Spirits—Nothing is doing in any description, and
prices are therefore entirely nominal. The stocks in
first hands continue large.

Cochineal—The price of this article has latterly de-
clined, and we hear of sales to the extent of about
3,0001 b. at 2r. 14a. to 2r. 14a. 6p. per lb. At the present
moment, however, the rate is firm at our quotation, with
au upward tendency.
Saffron—The best quality cannot now be quoted
higher than 17r. per lb. The article is without inquiry.