The Sun.
London, England, 1848-07-31 00:00:00

EXPORTS.

Cotton Wool—The last advices from China, added to
the unfavourable accounts received from England re-
specting this staple, had the effect of causing some de-
cline in prices, and a further fall was anticipated ; a
reaction, however, took place, owing principally to the
fall in freights, and prices have again advanced even
somewhat beyond our last quotations. Tho transactions
during the past month amount to about 10,000 bales, viz.:
2,200 bales Broach and Surat at 79r. to 82 per candy.
5,150 „ Dhollera ••• 74ir. 8l
2,600 ~ Oarnrawuttee „ 75r. „80 7/
500 „ Comptah ••• 721 „
100 „ Barsseo 74
Sheep's Wool—We have hgArd of no transaction in
this article, and our quotations are merely nominal.
Opium—The last advices from' China imparted con-
siderable activity to this drug, and a large quantity has
changed hands at 1,115 r. to 1,120 r. per chest for Mai a
of best quality. Prices are firm at our quotations.
FREIGHTS.
Owing to a large accumulation of tonnage, rates have
given way. The last engagement to Liverpool was at
3/. per ton, but as several additional arrivals are reported
to-day, we do not think this rate will be maintained.
Rates to London we quote at 2/. 10s. to 21. 12s. 6d ; and
for China we hear of two vessels taken up—one at Sir
per candy, and the other at Br.

EXCH.
The rate has experienced as
slight decline since the
date of our last report, a considerable amount in Rus-
sell's draughts upon Baring's having changed hands at
Is. 10d. Our banks ask ls. 9id. fur bills at six months'
sight, but only one transaction at this rate has come
under our notice.

CALCUTTA MARKETS.
CALCUTTA, JUNE 8.-:-The express with London news
to the 24th of April, arrived on the evening of the
followed by the bulk of the mail, per Haddington, on the
4th inst. The news is, upon the whole, more satisfac-
tory than was anticipated.
We have little change to report in the state of our mar-
kets here since the arrival of the mail. Business still
continues extremely depressed.
In our export market almost all our staples remain
without animation excepting saltpetre, and the eager-
ness of purchasers to secure that article has in same de-
gree subsided. We can only refer to one sale by private
contract of indigo comprising 150 chests. A better dis-
position to ship sugar is arising, but at a trifling im-
provement on previous rates, which holders are less
inclined to accept. Saltpetre has given Way 4a. to 6a.
per maund. There is but little doing in rice. Holders
of safflower are still firm, and previous prices main-
tained. Raw silk has given way about 4a. per seer, and
rates arc now at a minimum. Silk piece goods are ne-
glected. Lac dye has fallen about sr. per maund on
European marks, and shellac is without inquiry.
Our import market remains in the same unsatisfactory
state noticed in our last report. During the past week
the business done in cotton piece goods has been limited,
and the same causes still operate to diminish the de-
mand and depress prices. The credit of dealers con-
nected with the opium time bargains is looked upon
with suspicion, and this has made it difficult for them to
negotiate their draughts, and obtain funds to pay for the
goods they purchase. In addition to this the accounts
from the local marts in the provinces are still of a dis-
couraging nature. Holders, on the other hand, appear
anxious to realize, though not at present disposed to
yield much further in their demands. Mule twist has
been selling pretty freely, though without improvement
in value, except as regards 40g. and 50s. which appear
somewhat more buoyant. The falling off in the inquiry
for red yarns, noticed in our last report as observable
during the previous few days, has rather increased, and
our quotations can now with difficulty be supported.
Copper is inactive, but prices steady. Speller is selling
at 9.4 to 9-6 per maund. Iron is in pretty fair demand.
Beer of Allsop and Bass' brands is selling slowly, and
in small quantities at 70 per hogshead.
No change has occurred in the money market; Go-
vernment securities are without alteration, but very
little has been done in them. The profits of the Bank
of Bengal for the last five months has been equal to Sr.
sa. 54p. per cent. per annum.
Exchange is nominally at 1-10 fur six months' sight,
paper, with documents, but there is none offering. The
most experienced brokers have no recollection of bills of
exchange being so very scarce as they are at present.
Freights have remained pretty steady at our last quo-
tations, with a slight advance in the rates for some
articles to London. For sugar and saltpetre our quo
tations are 4/. ss. to 41.
Indio—Since the short interval of our last issue we
have only to report a sale by private contract of; 1:.850
chests, Jeffrey Finch, Shahpore, Oondce, at 3
Company's rupees.
The few letters received from the indigo districts are
much of the same varied tenor as the former ones, thereby
leaving the formation of any opinion as to the ,probable