The Sun.
London, England, 1848-01-03 00:00:00

EXPORTS.

Cotton Wool The market has been very dull
throughout the fortnight, with gradually declining
prices; and the accounts to hand yesterday, by the
Overland Mail, cannot fail to accelerate their downward
course. To-day prices are nominally as quoted, but
there is nothing doing. A few days previous to the
mail's arrival a purchase of about 6,000 bales was re-
ported, say 3,000 Omrawutty at rs. 90 per candy, 2,500
Compta at rs. 85 to 86. With another of 1,700 bales
Broach at rs. 90 per candy. And which, with a few
trifling lots of various descriptions, comprise the
transactions since our last. The stock is now fast ac•

cumulating.
Opium—The last accounts from China have kept the
market depressed, and we quote the value of the
drug nominally, at from rs. 800 to rs. 950 per chest,
according to quality. None of the new crop has yet
appeared.
Sheep's Wool—Khorassan arrives very slowly ; as
does also Mekran, the quality of which is very much
mixed, and is selling at from rs. 70 to 90 per candy.
What there is of Persian at market is also very inferior,
and we have not heard of any sales in it.
Tonnage—Although the small quantity of shipping
that was in port at the date of our last has not been in-
creased by a single arrival, the rate of freight to Great
Britain has continued to decline. Shortly after the
departure of the last mail an engagement for 1,000 bales
sheep's wool to Liverpool was made at 51. per ton, and
within the last few days 41. 10s. has been accepted for a
few hundred bales of cotton. For London there is no
vessi.l on the berth. We quote the rate to-day to Great
Britain nominally at 41. ss. per ton.
To China present quotation is 171 rs. per candy. The
attempt to introduce the system of freight per measure-
ment, as noticed in our last, has been unsuccessful, the
native merchants being generally averse to it.
Exchanges—On the arrival of the mail from China
with a good supply of bills, large transactions were done
at Is. 11d. for Bank, and is. 11-1-d. for Baring's paper,
six months' sight ; but since the arrival of the mail from
England the rate has considerably receded, with an in-
creased demand for bank bills, owing to the increased
want of confidence in mercantile paper, and to-day the
rates cannot be quoted over Is. 10J. to Is. 101 d. for the
former, at six months' sight, and 91d. to Is. qd. at
three months' sight—whilst I3aring's bills are obtainable
with first rate local endorsements at 13. 10:1d. to Is. 11d.
six months' sight, at which a large amount has been ne-
gotiated.

Bombay Tames office, Tuesday, Nov. 30.
Freights—To London and Liverpool, per ton, 4/. ss.
nom►nal; to Clyde, —; to China, per candy, rs. 17/.
Exchanges—London, at 6 months' sight, is 10d to
Is I Id., at 3 months' sight, Is. 91d. per rupee. China,
at 60 days' sight, 212 rs. Madras, at 30 days' sight,
98 rs. per 100 Spanish dollars. Calcutta, at 60 days'
sight, 9S rs.; 30 days' sight, 991 rs. per 100 rs. Cal-
cutta, at sight, par.
Prices of Bullion—Sovereigns, each, 11 rs. anna;
dragons, each, 11 rs. 2 annas; Bank of England notes,
per £, 10 rs. 14 annas; Spanish dollars, per 100, 2221
rs.; German crowns, per 100, 216 rs.; Syce silver, per
100 tolas, 1031 rs. to 104 rs.; geld leaf, per tola (range
of quality), 161 to 174.
Bank Shares—Bon.bay Bank Rs. 36 per cent. prem.;
Oriental Bank, Rs. 1,000 each (500 paid up) Rs. 20
ditto; Commercial Bank Rs. 5k ditto; Agra Bank (Rs,
500) Its. 30 ditto; Bank of Madras (Rs. 1;000) Rs. 15
ditto.
Government Securities Five per Cent. Transfer
Loan, 100 rs. per Sicca DI. ; Five per Cent. Loan 1825 •
26, 121 rs. per 100 Sicca; Five per Cent. Loan 1829-30,
103/ rs. per 100 Sicca; Four per Cent. Loan 1832-33.
89 rs. per 100 Sicca; Four per Cent. Loan 1835-36, 66
rs. per 100 Co.'s; Five per Cent. Loan 1841-42, 991 rs.
per 100 Co.'s; Four per Cent. Loan 1842-43, 861 rs.
per 100 Co.'s.