The Sun.
London, England, 1851-07-16 00:00:00

MARKET INTELLIGENCE.

(From the London New trice Current, July 15.)
SUGAIL—To-day larger transactions took place in
West ludia Sugar, in consequence of then being sellers
rather unc?er the rates of Friday, boll for grocery and
refining qualities. The public sales of 218 hbds 36 trcs 151
nrls Barbldoes went off flatly at a reduction of 6d per cwt,
and several lots were taken in: the part sold realiv.d
fine yellow 38s 6d to 40s, good 37a 61 to 38s, mid 36a 6d
to 375, low 35s 6d to 36a, mid to fine brown 34s 61 to
354, and two lots mid to good grainy yellow 38s to 404;
30 hhds 15 trees 260 brig Trinidad in part sad at easier
rates, mid and good brown at 33s 6d to 345, ord to mid
yellow 34s 61 to 35s 6d, and 37 hhcht ord yellow Demerara
34s 6d per cwt.
REFINED.—To-day there was little passing in refined
goods for home consumption, still brown lumps cannot
be obtained under 46s per cwt, there being no increase
of supply. The crushed sugar market is quiet, with
sellers at rather lower rates.

MAIIRITIUS.—This afternoon Mauritius sugar met
with little attention, and of 4,178 bags at auction a part
only sold, whilat rather lower rates were in some cases
ak n—fine 3 allow Falling at 38s to 393, low to good
34s to 37s 6d, ord to fine brown 31a to 343, refining sorts
33i to 383, and a few small lots grainy yellow 40a to 41$
per cwt.
EAST INDIA.—This afternoon Bengal sugar met with
attention, uud the rates übt lined were generally equal to
those of Fri, ay. At auction 3,455 bags were chiefly
disposed of ; good mid to fiue white Benares went at
40. 6d to 425, low to mid 38. to 40,, damp and washed
37s 6d to 41s, mid to tine grainy white 44. to 475, good
.end tine soft yellow 363 to 37s per cwt. There was uo
public sale of Madras, and little was done privately.
FunErarr.—To day there was little desire evinced by
shippers ur home dealers to operate in Foreign Sugar,
although there were sellers rather under the rates of
Friday. At auction 80 hhds 44 tree St. Croix sold at
41s to 44s tor good and flue brigEt yellow.
BloLessEs.—Toe demand continues limited for all
'Suns, 'ma there are sellers rather under the rates exist-
perviously. West India of low to fine quality can be
)b mined at 12s 61 to 16a, Bengal and Mauritius 12a,
Juba and Porto Ittco 14. to 14, 6d. The rates paid for
,uw to fiue Jamaica Honey are 30s to 55. per cwt.
CoooA.—Biitish plantation ha, been more in demand.
4f id bt,tf.r rates are untamed tor Trinidad, the supply at
,oarket b ing limited. At auction 230 bags sold
st 45. to 47s for good to title red; low and mid grey 36.
38s 6 l ; but Grenada is .till to b:p obtained at from
32. to 40. p- r cwt. In F reign operations are trifling,
d this and Para at 253 to 27.; and Guayaquil at 29.3 to
403 per cwt. _ _

eUFFEE.—This afternom Native Ceylon Coffee was
,perat,i in with reluctance, although rather lower rates
were acceded to: of 1,100 bags at auction, a part only
old at 37a 6d t> 38, for ord and good ord, and at 33. to
37s for damsged. For Plantation Ce lon the market has
teen quit, -tint in some cases 1 wer rates were taken ; at
sue ion 170 ca,ks 200 bags were only in part sold, mid
.t 50s to 523, I,w mid 48s 6d to 49s 6 1, fine to fine fine ord
t 2, 6.1 to 48., itifrrior 38s 6.1 t 42,, sad pea berry 56,
tid to 585. Of Jamaica 34 casks realised 50. 61 to 52..
or low mid and md, being tull rates. Of P.,rtu Rtco
170 pkgs 700 bags were nearly all taken in, at firm
a es. from 42s 6,1 t., 49a 6d tor good to fine ord, but
.;hi, fly at 453 to 45. 61; 2 980 nags Costa Rica. mid are;
g,,od 55s to 595; 38 bales Mauna sold at 38a 61 for
lam aged.
TEA.—Public sales will take place on Friday; at pre
ent the quantity declared is 10,000 pkgs, In I,w and
good c Ammon Congou large transactions have again taken
taken place for home consump,ion at 10i I to lid, and
•hippers are sill operating. There i,, only a limited
quantity on off:T. For medium or rather strong blackish
leaf a fair detn4nd exists at Hid to la Odd, good to
tine sorts are operated in more tretly at 14 Id to
Is 7d per lb. Several transactions have taken place in
o.ilooeir, at Is to is 81, and there is a firm mit ket. To-
day operations were upon a small scale, in consequence
of the pubic ewes declared, but rates are not lower.
RICE.To-day the private operations in East India
Rice were trifling, and at easier rates. At auction 687
bags 11-ngal were taken in, good white at 93 61 to 103,
and small broken 8s 61 per cwt.

SPICES —To-day at public sale 119 bags 46 pockets
Bengal Ginger vvere taken in at 17s 6d for mid export
sort, being above the value.
Smarrs.—Leeward Island Rum has been purchased
with relucance, and is. to be obtained at, is 411 to Is sid
proof. For East India there is a quiet market, with
sellers at is 3d to is 3 1 proof, and larger parcels
are on (4I -r. Demerara has been purchased with reluc-
tance, and there are sellers at Is 10,1 to 2s 3.1 for 30 to 40
over proof. In Jsmaica operations are immaterial. The
value of tine 34 to 39 pir cent over proof is 3, 3.1 to 4s 3d,
good mid to good 38 to 35 over 24 7d to 3s 2(1, and low
to mid 30 to 33 over 23 31 to 2. 6,1 per gal-
lon. Brandy met with little attention from s'ip-
vers or home dealers, and there is an increasing
stock. Cognac hest brands of the vintage of 1850 can
be obtained at 4,4 d to 4s 63, 1849 ditto 43 6(1 to 43 Bd,
1848 ditto 4s l 1,l to .5s 1(1, older 5s 51 to 7s, low and mid
sorts 2,6 d to 3s 4d, and Bordeaux 2s 2d to 2s 3d. In
the value ot Bri ish-made Spirit no variation. Geneva
met a slow sate at Is 711 to is Bd, and fine is 9,1 to 24.
Imanao.—To-day during the progress of the sale 2.156
chests have been withdrawn. 2,628 chests (including
1,743 chests withdrawn) passed the sale. Proprietors
nave bought in 585 chts, lesving 300 sold. Of total
quantity which has now passed the hammer (10.128
tents), 4 233 have been withdrawn, and 2.562 bought
leaving 3 328 sold.
SALTPETHE.—To-day Saltpetre met with little atten-
tion, and prices declined 3.1 to 61 p-r cwt. At auction
1,059 bgs Calcut'at part sold; very fink 2i refraction went
at 29., mood mid 11 to 12k per cent 25s 6(1.
COCHINEAL.— Altnough there are sellers rather under
previous rates, only a limited home or export d- mand has
been experienced. Of 300 bags at auction not above one-
half sold; Honduras, silvers low to mid went at 34 to
3s 3d, common to fine bl-cks 34 64 to 4s 9d, Teneriffe
3s 7d to 3,9 d, low red Lima 23 6d to 2s 10d; Mexican
was token in, silvers 3s, black 3s Id to 34 3d.
OlLS.—There is an increasing demand for Seal Oil;
pale selling at 301 10: to 311. Other sorts are rather
scarce, and in better request at 281 to 30/ per tun. Cod
continues to meet with little attention, and is at 361 lOs
to 375. There is an improviug demand for Southern,
and the rates paid have been 291 to 321 fur
low to fine. In Sperm desire is evinced to sell
good and tine quality at 821 104 to 841 104 per run;
whilst lower rates are looked for. Headmatter has
been operated in at 901 ti 921 p r run. In Lins, ed Oil
a good dell has beta done home comsumpti
prices are also firmer, and rule at 324 34 to 32, 61. Fir
d-livery c nsid,ranle contracts have been concaided at
318 91 to 325. In Cocoa Nut prices are on the advance;
Cochin at 313 to 32, 6d, Ceylon 30s to 324, and
Sydney 28s 61 to 293 6,J. In P.lm ILA much done;
and fine quality is offered at 27s 6d per cwt. For Rape
Seesi Oil en advance is apparent; brown realising 32s 6.i,
pale 33a 6d, and Refined Foreign 34s 64; for forward
delivery contracts have hers entered into at 344 6d to
353 fur refined. In Olive many purchases have been
made, arid rates arc firm; Gallipoli at 381 to 394 other
sorts 361 0) 371 lOs per tuu.
TALLow.—Dealers op-rite with caution for present
delivery, but lower rates are not taken; and fine Russian
Candle is held for 37s 6d to 37, 9d per cwt. There is,
however, more demand for the last three months of the
03year,el
te da is
sqwri tuabt
ao
innaarbat ge
aet. firm at (c.
)39
365.,
e3t9cia6shd.,
olto
smo e.
nava ot a large slimly.

HOSIERY.—We Jaye had a Itttle wire inquiry for
goods in the h-rne market consequently a few nt re frames
aseptritcoe
of
work again,
about
the same as it has been for the especially drawer and shirt frames.
The
last woutb..:Nottivham journal

WEDNESDAY EVENING, JULY 16, 1851.

and he could not ct!culate th loss on these sinvle arti-
cles of wheat and wheat fl.air at less than 2,600,0001., or
almost one-sixth of the entire valuation of the country.
—(Hear, hear.) In such a state of thing-3, it was not to

be wondered at that persons c mnected with agriculture
should be dissatisfied with their position —(Hear, hear.)
With rrgerd to the immediate question before the
House, he had entered into correspinci,nce with all the
millers in Ireland, and had obtained very valuable infor-
mation for the benefit of the House. He had ascer-
tained that the value of 349 mills in Ireland was not

leas than 1,487.3101.; and, with regard to 321, he had

before him a detailed statement of the time they were
now workintr. Only 39 millers stated that they were
working full time, 7 not full time, 6 three-fourths
time, 6 two-third time, 81 half-tim', 48 one-third
time, 18 one-f ,urh time, 5 one-six h time, and so
on. Here the Noble Lord read a numb, rof indivi-

dual statements, to show the actull condition ot
mills with which they were connected, the har.d, em-
ployed, &c., and gave it as a conclusion at which gen.
tlemen well-informed upon the matter had arrived, that
the number of soul+ dependent on the corn milli in Ire-
hind amounted to 123 000. From all parts of Ireland
the information was, that great distress existed among

those, conneettri with the mills; and he b.iteved there
was not one mtlier in that country who could say he
was in the same conditi..n that ho had been in before the

recent changes commenced.—(Hear, hear.) Now, us to
the cause of all this distress, he presumed no one would

deny that it wad ocoisioned entirely by the enormous
importati nof foreign fi 'ur; and, seeing tat the d►s-
tress had been much accelerated within the last ye-dr,

and that the importations of French fliur dated from
thit period, he wont,' confine himself chiefly to th 4
point. It had been said the other day that Normandy
bad become to all intents and purposs4 an English
county, and the facts relative to the importation of flour
from that part of France seemed to bear out the asser-
tion. Now, this stye of matters was not foreseen by

,he authors of the measure of 1846. It was always con

tended 'hat we had nothing to tear in this country from
French flour; but how had the prophecies on that point
been verified f it appeared that in 1849 the
quantity of wheat flour imported from France
was 287.502 quarters, and in 1850 it was
550,000 quarters. In the last quarter of 1850
the importation was 165.000 quarters, and in the first
quarter of this year it amounted to 226.547 quarters.
showing that the importation had doubled during the
first quarter of the presort year as compared with the
last quarter of 1850 —(Hear, hear) -According to a
atatetnent made in the report of a Committee of the
French Assembly appointed to inquire into the subject
of grinding and exporting grain, it appeared that in the
year ending August 1, 1850, there were exported from
France 418,549 quarters et wheat, and that in seven sub-
sequent months the quantity exported was 554.443
quarters, while in the first of those periods there bad
been exported 506,000 quarters of flour, and the latter
period of seven months 525,000 quarters.—(Hear, hear.)
It had been stated in another place that the French
miller was restricted to the produce of the French soil.
But the French miller bad the privilege of grinding
foreign wheat in bond for exportation. That such was
the case appeared from inquiries made by an Enghsh
1 miller who had seen the statement that the French miller

was restricted to French produce. The &Jur ground in
bond must be exported within 20 days from the time of
importation, but not a single pound of flour was allowed
to be imported into France. There was nothing to pre-
vent France from grinding the gr.iin supplied to this
country from. the shores of the Mediterranean; and the
privilege of grinding in bond, it was understood, would
be exercised to an enormous amount. It was a curious

circumstance connected with the increase in the fin
port of foreign corn that the price of bran, pollard,
and the coarser sorts of flour, had been materially
enhanced, as appeared from returns and calculations
in his possession. It was the practice of those who
advocated the policy which had for some years brew
predominant to underrate the capabilities of the classes
affected by that policy; but he thought there was no-
thing so unfounded as the assertion that the English or
Irish miller was inferior, as regarded the application of
machinery, to the French miller. The principal art in
milling consisted in the entire separation of the flour
trom the bran; and the great test of superiority in manu-
facture was lightness of bran and comparative weight of
flour. As regarded the quantity of flour he got from a
quarter of wheat, the British miller was not interior to
the French or the B-lgian; and he had, besides, the com-
mand of the best machinery, the superiority of this coun-
try over all others in that department being evident to
every one who visited the Great Exhibition. One of the
most successful mills in France, indeed, was called 't the
English mill," in allusion to its having obtained its ma-
chinery from this country. But the miller ot this coun-
try was beaten by the French miller, bPeause he had
labour cheaper, aas less taxed, and enjoyed protecting
laws, because the Govs-rnmet.t, instead ot opposing his
manufacture, and throwing every obstacle in his way, had
from time to time taken his case into consideration, and
done everything a Government could do to increase and
foster the manufacture of French fl tut.. France had car-
ried out that policy still more since 1846; and the re-
commendations of a commission to whom the subject had
oven referred showed that the system most appreved in
France was one which had a tendency to encourage the
retention of the coarser kinds of grain in that country,
and the expertation cf the finer qualities. There was a
remarkable contrast between the large increase in the
impertation of Li iur fruta France anti England and the
diminution in the export of linen yarn from Eeglaed to
France, that export having fallen to 1-30th of the i xport
in 1842. The question on which he ai.ked the upiniou of
the House was wnether they were prepared to continue
without alteration a system which tree produced such
evil results? He had proved that an interest second to
none in the country, the interest of the manufacturer of
wheaten flour, was in a more distri ssed state, perhaps,
than even that of the farmer. How long would they
continue that system? How many classes would they
see destroyed before they admitted that it had not done
all they had exoected? The present system was
no more one of free trade than it was of anything else;
it was a system of protection to the foreigner. Those
with whom he acted might be accused of being monopo-
lists, of wishing to increase the price of food to the la-
bourer; but their answer was that they desired the
market thrown open to their own produce as well as to
that of foreigners. They desired that corn grown on the
hanks of the Mississippi or the Etbe, or on the sh ees of
the Baltic, should compete on fair terms, should pay the
same contribution to'tne state, and be subject somewhat
to thy same charge+ as that grown by the British farmer.
—(Hear, hear.) Oa the same principle they asked the
interposition of the House on behalf of the miller and
the manufacturer. He believed that the country at no
very distant period would be prepared to reconsider the
subject—(He sr, hear)—and revert to a principle which
was so deeply implanted in our nature that it even found
expression iu the language which described the first law
of nature —" -11-protection."—(Hear, hear.) The
Noble Lord cencluded by proposieg the motion.
LABOUCHERE observed, that thou,h it was
not his fortune to agree with the Noble Lord either in
his conclusion or his argument, yet he willingly bore
testinemy to the industry the Noble Lord hat evinced
in making himself acquainted with the facts of the case,
as well as to the temperate manner in which the sub-
ject haa been introducee.—( Eli ar, hear.) The motion
of the Noble Lord, however, ought rather to have been
one asking the House, not to restore protection to the
Irish miller, but to restore the corn-laws; tor, thouga it
only asked the House to go into Committee to reconsider
the case with respect to the Irish millers, yet it was im-
possible for the House to reconsider the case of the Irish
millers without reconsidering that ales of the Engtish.
If there vies to be protection at all, the farmer had as
great a right to it as others—(Hear, hear)—but if the
tiouse thought their recent policy erroneous, he (Mr.
Lebouchere) hoped they weuld take some other mesh of
expressing that opinion than by assenting to the motion
of the Noble Lord; and, it they did net mean to restore
protection as a principle, they did nothing but delude this
class of men by the proposal brought before the House. tie
thought he should be able to show, not that individual mil-
lers did not suffer distress, for circumstances had changed,
but that as a class there was not the slightest ground
for asserting that they had not had quite as much em
ployment within the last few years as previously. Nei-
ther did he believe there was any reason to suppose that
the British millers were not just as able to compete with
the foreign millers as any class of British niantifec•
turers were with foreign. The argument of the Noble
Lord with respect to tne wages of labour was applicable
to other branches of industry as well. With respect, to
the question, whether a special case had been made out
fir giving protection to millers as a class, he did be-
lieve that nothing more preposterous could he urged.
It was proved to demonstration that the millers of the
United Kingdom had, since the repeal of the corn-laws,
had as much to do as before. The produce grown in
the Molted Kingdom had not diminished. There was
a great import of breadstuff's; but in what form? Mainly
in grain. He had a statement of the quantities of wheat
and wheaten filar imported into the United Kingdom
within the last ten years. Iu 1841, 2,409,000 quarters
of wheat were imported, and what was • quivalent to
360,000 quarters of wheat fl mr; in 1842, 2,717,000
quarters of wheat, 322,000 quarters of wheat flour. He
should not detain the Rouse by reading the numbers
for each year. In 1847 it appeared that 2.656,000
quarters of wheat were imported, and 1,808.000 quarters
ot fl mr; in 1849, 3,845,000 quarters of wheat, and
959,000 quarters of flour; in 1850, 3;754,000 quarters of
wheat, and 1,101,000 quarters of flour; and for the
three months ending sth of April, 1851, 1,105,000
quarters of wheat, and 382,000 quarters of flour. All
mt the
w
l 1 erhs eoaft th imported
iscou in the shape of g
nt,
y.
Hehada
returrnainalswoewnthitcoh the
millers of this county. He had a return also which re-
lated to Ireland alone, hut without the equivalent in
quarters being given for flour. In 1846. 82,000 quarters
of wheat in grain were imported into Ireland, 43,000
cwt. of wheat fl iur; in 1847, 238,000 quarters of wheat,
442,000 cwt. of flour; in 1848, 297,000 partere of
wheat, 122 000 cwt. of fl stir; in 1849, 543 000 quarters
of wheat, 218.000 cwt. of flour; and in the three months
ending the sth of April last, 415,0(10 quarters of wheat,
and 99 000 cwt. of fl itir, or about 25,000 q 'rimers.
In point of fact, he behoved a great alteration in
the circumstances of the trade was going on, one
which was in operation before the change was made
in the laws regulating the importation of grain. There
were parties at that very moment extending their
business in the metropolis. He was informed that near
Blackfriars an immense menufacture existed, the parties
being able to turn out 7,000 or 8 000 sacks of flour
from 70 or 80 pairs of stones. In all respects he be-
lieved such millers were able to compete with their fo-
reign rivals. Competition had acted as a stimulus, and
be was told the greatest improvement was taking place
in milling both ht: re and abroad. At Deptford an inge-
nious improvement had been introduced, a hioh had been
attended with eminently successful results. He could
entertain no fear us to the successful competition by the
millers of thi country with those of every part of the
world. With respect to the export of fine wheat from
France and the retention of pollard for home consump-
tion, he should only remark that if it was worth while