The Sun.
London, England, 1851-09-18 00:00:00

COMMERCIAL INTELLIGENCE.

, 7.
The Oriental steamer reachedCALCUTTA Calcutta onAUG the. 29th
ult., putting us in possession of London dates to the 24th
of June. The tenor of commercial advices received on
this occasion, although showing a shade of improve-
ment, is decidedly of an unfavourable and discouraging
character. Trade is represented as generally dull
throughout the kingdom, and to a certain extent dis-
tress prevailed among the poorer classes, owing to the
progressive improvement in machinery, and the conse-
quent falling off in the demand for manual labour. Cot-
ton mills were coming more actively into operation, and
both goqds and yarns were in improved inquiry, and
value hid
igone id. to id. per lb. higher.
The ''.:#ioney market was steady; first-class paper
could not be done under 3 per cent. Large supplies of
specie had been received, and Bank Stock had increased
to 13,925,8741.

The colonial produce market continued to present a
dull and discontaging aspect, although a little steadiness
had begun to show itself. Little activity was displyyed,
and almost every single article rub d at unremunerative
prices. The tenor of the above advices is not such as to
lead us to anticipate the smallest improvement in the po-
sition of business here, either as respects the export or
import branch. On the contrary, there is every reason
to expect a continuance of dulness and want of anima-
tion in the export, and the prevalence of unprofitable
prices in the import market. Should imports be at all
on a heavy scale during the ensuing month, we tear the
approach of the great annual holiday will cause holders
to relax yet further in their demands, and evince in-
creased anxiety to get out of stock before the vacation.
In our export mat ket we have hardly any change to
notice; business has continued exceedingly slack, and
the indisposition to operate has been on the increase.
Produce has been accumulating and continues generally
with a declining tendency. Tne general rulings, how-
ever, in the produce market are yet high, as compared
with the position of things in the home market. It is
probable that before long a marked decline will bo es-
tablished in the scale of value. The heavy losses sus-
tained in shipments of produce during the past twelve
months begin now to cause a little sobriety to be shown,
and transactions bear less the stamp of a speculative cha-
gars hare ruder. Indigo has been without a bale. Sy

1 N G,

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SEPTEMB

fluctuated and are now decidedly lower; a good busi-
ness has been doing. In rice we have,had hardly any-
thing doing as regards table sorts. Lower descriptions
keep up tnetr activity. Haw silk is without change,
perhaps a shade lower in price. A little business has
at length been done in silk torahs. The market remains
dull. Jute has coutiumd to move away at a decline.
Hides have been more inquired after, but show no im-
provement in prices. Saffiewer has been in favour at
former prices. Castor oil begins again to look up.
Linseed has been operated in very freely; while mustard
seed remains neglected. Both shell lac and lac dye are
extremely dull, and ever lower rates have failed to in-
duce any business in them. A good inquiry exists for
cutch, and prices are etesdy. Cowries appear to be
neglected, and shipments have ceased.
In minor articles an extremely moderate business has
been done during the week. Sales are—Turmeric,
1,500 mds. at Ha. 1 14 6 per br. md.; gunny bag*, 60,000
pee. at 9 8 to 10 per 100; wheat, 600 bags, at 1-10;
doll, 400 bags, at 1 10 to 2 per hr. rud.; buffalo horns,
200 mds. at 7-15 per 100; gram, 250 mds. at 1-2; rum,
100 hhcls. at 0 4 6 per gallon; buffalo horns, 9,000 pea.
at 8 per 100.

In produce of Chins, Eastward, &c., the following
business shows—

Malacca. rattans, 900 cwt. at et. ts. 4-1 to 4-12 per br.
end.; China Vermilion, 10 boxes at Company's rupees
137-4 per box; block tin, 600 mds. at ct. rs. 27,12 to
27-15 per fy. md.; Malabar pepper. 130 bags at et. rs.
9 4-6 per fy. m(;.; Pegue arsenic, 12 boxes at Company's
rupoca 19-12 per ty. seer.; cochineal, 37 :nds. at Com-
pany's rupees 3.6 per ty, seer; patetitick, 60 mds. at ct.
rs. 8-4 to 8.8 per br. md.; gold leaf, 1,700 sa. wt. 16
per st. wt.; Sycee silver, 90,000 su. wt. at 104-12 per
100 sa. wt.; nutmegs, 11 boxes at 1 4 to 1.7 per fy.
seer; mace, 7 boxes at 1-12 per fy. seer; 7 boxes ditto
at sa. rs. 1-6 to 1-11.

The Money Market—We have no new feature to
notice under this head. Discounts remain at unaltered,
figures. Bank of Bengal shares have further advanced
in value, a•.id are still firm. A very moderate business
has been done in Government securities, the ♦alue of
which is unchanged. Demand for accommodation re-
mains good, but is not so readily met,
Exchange—Transactions have been on a very limited
scale, and rates have been ruling at 2s. Oid. to 2s. Op.
for credit paper, and 2s. Oid. to 2s. Oil. for document
bills, at six months' sight.
Freights—Although there is but little dead weight
offering, yet, owing to the scarcity of tonnage, rates
of homeward freightage remain firm at former quo-
tations.

Indigo—Market extremely quiet, without a sale to
report. Reports from the districts, lately received, con-
firm us in our previous estimate of 100,e00 mds. as the
probable out-turn. Accounts begin to be of a very varied
character, reporting improvement in some places, and
equal deterioration in others.
Sugar—This market bad declined, but shows symp-
toms of mending, home accounts being a little more fa-
vourable. We have had a fair business this fortnight,
but at easier rates. Supplies are large.