The Sun.
London, England, 1851-12-04 00:00:00

THE S IT

no money market. The bank ra'r'a remain as before,
and Government securities are also at former quotations,
in the absence of any business.
EXCHANGE.—The very little business which has trans-
pired since the holidays shows a little change in favour
of remitters. Document bills we quote at 2s. lid. to
2s. lid., and credits at 2s. ltd. to 2s, lid. per rupee, at
six months's sight.
FREIGHTS —There have been some heavy arrivals,
and as business in exports is very slack, rates of home-
ward freightage have. gen" considerably down, as will
be seen by our quotations in the usual place.
Indigo.--Advises from the producing districts have
for some time been reporting a progressive improvement
in the prospects of the season. The latter part of the
season—since July—has been very auspicious, and
manufacturing operations have been conducted under
peculiarly favourable circumstances which has in a
great measure made up for the disadvantages of the
early part
in of the season. The concerns in the
' higher districts do not appear to have partici-
pated these advantages, but as they contribute
but smally to the total out-turn of the season, that cir-
cumstance will not make much difference. From all
we have learnt from the interior, and all that our con-
temporaries appear to have heard, we are led to the
conclusion that 1,15,000 mds. will be attained, and may
possibly be exceeded by a little—say 5,000 mds.
Opium—Value remains at nominal quotations, and
little or no business has been doing in the drug.
IMPORTS FROM EUROPE .—BRITISH COTTON PIECE
GOODS.—The particularly unfavourable features which
characterised this important branch of our business
when the markets closed on the 29th ult. have given
place to nothing more encouraging; indeed, since the
resumption of business, we may describe the un-
favourable and discouraging features as more ag-
graved. Demand there is hardly any making, and so
much enlarged have stocks become of almost every
article by the arrivals of the past fortnight, that it is
hardly possible to say what effect that circumstance will
have upon prices. Tho market cannot be said to have
fairly re-opened, nor do we expect it will for some few
days yet to come. The usual effect of the holidays,
together with the disturbed state of the money market
will cause things to remain exceedingly quiet and de-
pressed for a time yet. In the absence of any business,
except on a most moderate scale, we can hardly give
particulars in regard to each respective fabric ; we may,
however, observe that we see no symptoms of anything
like an active demand, which is alone required to keep
price steady and work off the excessively heavy stocks
now in hand.
Woollen—Prices are again lower of these, owing to
the over-abundance of supplies of all descriptions in the
market. We may quote value at 2 annas lower.
Printed and Coloured Goods—Manchester prints and
chintzes have d, clined to the extent of nearly four alines
per piece since business closed. The only article which
remains steady under this head are Turkey Red Chintzes;
every other description of goods has declined, owing
principally to heavy supplies and little or no demand
exuding.
White Cotton Mnle Twist—We quote value six pie
the morah lower generally; a fair business has been
done during the week at this reduction. btccks, like
those of everything else,
are heavy.
Coloured Yarns—Turkey red has gone down about
one annab the morah ; other colours show a smaller de-
cline, of say about half an anna.
Copper—Operations have not been heavy, and the
little that has been moved cff has been at a decline of
about six annas per md.
Spelter—The market tends downwards.
Iron—The market for this metal does not indicate any
change at present. Sheet shows firmness.
Salt—Heavy imports of this condiment have had the
eff-ct of causing prices to recede. We quote value as
follows t—Liverpool Fine, 73 per 153 mds.