The Sun.
London, England, 1848-09-16 00:00:00

PRICE OF SUGAR.

The average price of Brown or Muscovado Sugar, computed
from the returns made in the week ending September 14
1848, is 235. 44d. per cwt.

MARKET INTELLIGENCE.

I (From the London New Price Current of Sept. 15.)
SUGAR.—To-day a further depression took place in
quotations of both Colonial and Foreign Sugar, as large
parcels were pressed for sale. In West India a good
business was concluded, but at low and irregular rates,
and refiners were again the chief operators. The
quantity sold was 650 hogsheads, &c. At auction
4 hogsheads, 71 tierces, and 70 barrels of St. Vincent's
crystalliz,:d went at low rates; yellow at 36s to 40s,
good 42s to 445, and low brown 32s to 33s per cwt.
The total quantity of Sugar sold for the week is 2,760
hhds, &c.; the decline in prices during that time amounts
to is per cwt, and the market closes with a quiet ap-
pearance.
REFINED —To day there was much dulness in the
home trade refined market, and prices are further de-
pressed, standard lumps selling at 50s, and brown gro-
cery 49a per cwt. Bonded Crushed Sugar is much
wanted, but quotations do not advance.
MAURITIUS.—This afternoon the demand was not more
active for Mauritius Sugar, and 2,154 bags at auction
went 6d cheaper, but nearly the whole sold—fine brown
33s to 33s 6d, good 32s 6d, low 28s to 29s 6d, ordinary
yellow 34s to 34s 6d, middling 35s to 35s 6d, good 36s
to 375, fine grey 37s to 37s 6J, washed 29s to 36s 6:1,
and syrupy 29s to 363.
EAST INDIA.—This afternoon Bengal Sugar met with
a dull demand, and 62 cases 1,720 bags at auction went
upon lower terms by Is per cat, fine white Benares
42s 6d to 43s 6d, good 40s to 40s 61, low 38s, damp
and washed 38s to 435, middling sound yellow 35s to
35s 6i; low was taken in at 335, and good damp brown
295 to 30s. Of Penang 288 pkgs were offered, and taken
in, low soft damp greyish yellow at 333. Of 297 pkgs
Ceylon, a part only sold, middling greyish yellow at
34s to 34s 6d, low 333, damn and washed 323 to 34s
per cwt.
FOREIGN. —This afternoon little desire was shown to
do business in Foreign Sugar by private treaty, and 166
hhds 121 barrels and 9 trcs of Porto Rico at auction
went is per cwt cheaper; fine yellow soli at 39s 61 to
41s, good 375 6d to 393, middling 36s 6d• to 375, low
35s 6d to 36s per cwt.
MOLASSES.—Few sales have been made by private
treaty, and sellers are disposed to accept rather lower
rates. At auction 100 puns of old West India were
taken in at 15s per cwt; finest now will not fetch above
18s 6d. The stock is still much smaller than last year.
Bengal Treacle is held for 15s to 16s, but few buyers are
to be met with.
COFFEE.— On the part of holders of Jamaica there is
more firmness, and they have scantily supplied the mar-
ket this week. For inferior kinds few buyers are to be
met with; still full rates are insisted upon. The sorts
above low middling, however, met with more attention,
and realized stiffer rates; of fine the quantity at market
is trifling. At auction 40 casks, &c. Jamaica, consisting
of low to fine ord, were only in part disposed of at 24s
to 32s per cwt. The public sales of Coffee declared to I
take place next week consist of 1,500 barrels washed
Rio, 160 trcs, 340 brls, 100 bags Jamaica, 400 bags
Company's Java, 3,000 bags Costa Rica, 1,000 bags, 90
casks Plantation Ceylon, and 100 bags Native. To-day
there was no public sale, whereas few purchases were
made privately by exporters or home trade buyers. In
prices there was scarcely any variation.
TEA.--In consequence of large arrivals of Green,
buyers have manifested little desire to do business this
week, and sellers are inclined to accept rather lower rates.
For Black there is a firm market, still the demand is not
so good in consequence of the parcels come to hand, but
sound common Congou is hold for 8d to Bid, and good
common 9d to 9id per lb. Public sales will take place
next week.

Coccu.—For West India the market looks firm, and

little has been offered at public sale. Purchases to a fair
extent hare been made by private treaty upon fully for-
mer terms, red fetching 39s to 445, and grey 38s to 42s
per cwt. There are still few buyers of Foreign, and
305 to 34s is the value according to quality.
RlCE.—Today there was no public sale of Eest India
Rice, whilst privately scarcely any demand existed, and
prides are little better than nominal; middling and good
white Bengal can be obtained at 115 to 12s 6d, fine 13s to
13s 6d.
SALTPETRE.—British refined is much wanted and an
advance in the value is apparent, sales having been made
at 29s 6d to 305 per cwt, at which there aro not willing
sellers. Refiners have many orders on hand, and there is
an enlarged consumption. Holders of rough show much
firmness, and have refrained from submitting any to public
sale this week. On the part of exporters and home trade
buyers much desire is evinced to operate in all sorts, whilst
the rates paid are fully equal to those previously current.
For Nitrate of Soda quotations remain at 13s to 13s 6d
per cwt, and at which several parcels have been sold.
SPIRITS.—For Leeward Island Rum the market has a
dull appearance, and prices tend downwards, the sales
for the week do not exceed 150 puns at Is 7d to is 8d
proof, at which there is a desire to realize. East India is
little wanted, and for 50 hhds is 6d have been ac-
cepted proof with certificate. In Jamaica few purchases
have been made for home trade purposes, whilst export
orders are trifling, and quotations tend downwards.
The value of 21 to 28 per cent. over proof is 3s to 3s 3d,
30 to 38 over mid and good qi 4d to 3s 9d, fine 3s 10d
to 4s 3d, and choice marks 4s 4d to 45 6d. For
Demerara the market is dull, and sellers are dis-
posed to accept 25 2d to 2s 7d for 24 to 38
per cent over proof, and 2s 8d to 2s 9d for one. Prices
are well kept up for Brandy, and there is a good
trade doing chiefly for home consumption • deliveries
also exceed arrivals. We quote Cognac best brands
of the vintage of 1846 at 45 10d to ss, ditto 1847,
at 3s 10d to 4s, inferior 2s 6d to 3s 7d, and Bordeaux
2s to 25 6d. Geneva is selling at 2s to 2s ld for expor-
tation, and fine for duty at 2s 9d to 35 6d per gallon;
there is still only a small stock. For British made Spirits
there is yet much firmness in the market, and trade is
brisk.
SPICES.—To-day at auction 954 pockets and 20 bags
Bengal Ginger sold at advanced rates—good bold export
sort at 24s 6d to 25s 6d, mid 22s 6,1 to 23*. and da-
maged 22s to 23s 6d ; 1 chest of Mace ; sound
2s Si ; 2 chests Nutmegs, mid brown 25 8d to 25 9d,
wormy 6d to is 8d ; 5 bags white Pepper, good 44d
per lb.

COCHINEAL.—Orders are getting larger for all sorts,
and holders are less disposed to realize; by private
treaty several parcels have been sold upon full terms.
At auction 69 bags were disposed of.
INDIGO.---For public competition on Tuesday the 14th
of October the quantity of East India declared is now
8,283 chests, and the inspection has commenced. There
is firmness in the market ; and a fair home and export
demand exist at prices rather above those of the last
quarterly auctions. Spanish is held for fully last week's
rates. At auction 140 serons Gultealala were disposed

of at 26 to 3s 9d for tortes and Sobres.
Lear.—The demand fa Cum* has Ina Tory