The Sun.
London, England, 1835-04-22 00:00:00

MARKET INTELLIGENCE.

LONDON MARKETS.

(From the Londen New Price Current of Yesterday.)

SUGARS.—There is little doing in Sugars, owing to the
holidays; the business in Muscovades has been an average of
500 hhds. and tierces each day when the market was opened
which was only for two days last week on a careful inspection
of the samples last week with the previous ones a fortnight
ago, the fall in prices appears to be Is. per cwt., and in Sugars
about 58s. rather more; we alter our quotations accordingly.
This continues to be a close holiday in the Sugar market ;
there is much interest excited respecting the opening of the
trade after the holidays, and the supplies that may be expected :
the first extensive arrivals of West India Sugars last season
were about the 10th May, and this year they will be later, but
it is wrong to say there will be a much lesser quantity ; the
weekly deliveries from the warehouses continue larger than
last year, and they will probably continue so as the country
generally is in a healthy state; and the present prices arc at
such a fair medium rate that promotes the extensive consump-
tion, leaving a fair remunerating price to the Planter, to the
wholesale grocer, and retailer in the country. The stock of
West India is now 11,832 hhds. and trs., being 4,611 more
than fast year. The stock of Mauritius 108,455 bags, being
18,290 more than last year. The delivery of West India
1,839 hhds. and trs., being 218 more than last. year. The
delivery of Mauritius 6,679 bags, being 4,025 less than the
corresponding week of 1834. In Refined there is little alte-
ration to notice, there are few sales • the holders still ask
335. 6d., and the buyers offer 335. freely without purchasing;
some sales reported at 335. 3d.
MAURITIUS.—The Public Sales of Thursday last were
nearly 8,200 bags; the quantity being so large, and the de-
mand so inconsiderable, that a considerable reduction was anti-
cipated ; but contrary to the general expectation, the sales
went off freely, as the great proportion were strong Sugars fit
for Refining, and they fully supported former prices, but all
the other descriptions went off about 6d. lower.
EAST INDlA.—There have been sales of Bengal and Java
Sugars at former prices.
FOREIGN.—The only sale of foreign sugar is a pareel of
white Havannah at 335. This afternoon it is reported that
two cargoes of yellow Havannah Sugar afloat have been sold
at 28s. 6d., one for Antwerp, the other for Holland. Some
more white, on the spot here, are also reported at. 332. 6d.
and 345. Average prices of Sugar 1/. 10s. 41d. per cwt.
WEST INDIA MOLASSES. —There are no sales of West India
Molasses to report.
COFFEE.—There is no alteration in Coffee this week; the
Foreign and East India are dull at the late decline ; the Bri-
tish plantation descriptions fully support the late prices.
There were no sales of Coffee this day. A very interesting
document was presented ou the 9th inst. to the Lords of the
Treasury, from the Coffee dealers in London, signed by sixty-
nine firms, praying that the duties on Coffee for the home
consumption should be reduced one-third, that is West India
Coffee to 4d. per lb., and East India to 6d. per lb.—referring
to the former reduction having extended greatly the consump-
tion of this article in England, promoting the revenue by the
reduction of the duty—and also benefitting the consumers by
a wholesome beverage--referring also to the reduction of the
prices of Tea, and that the further reduction would still more
promote the welfare of all classes, and prevent the suspected
mixture of Chicory, and other deleterious rubbish with Coffee.
The answer to this memorial was transmitted last week ; it is
rather unfavourable, but it was probably occasioned by the
change in the Ministry.
The following is the answer from the late Government of
Sir Robert Peel :
" Gentlemen,—l am commanded by the Lords Commissioners of
his Majesty's Treasury to acquaint you, in reply to the Memorial
signed by the Traders of London, interested in the consumption of
Coffee, that my Lords will give attention to their representations,
but that they must decline expressing any opinion on the expediency
of reducing the duty on Coffee.—l am, Gentlemen,
Your obedient servant,
(Signed) T. S. FREMANTLE.
Treasury Chambers, April 14, 1835.
TALLOW.—We have often adverted to the circulars and other
publications respecting the future prices and the probable sup-
plies of Tallow to this country, demonstrating that they were
issued by interested parties, and not to be believed ; the sup-
plies of 1835 are now estimated at 40,000 casks less than for-
merly, and they are still wide of the mark, but there are now
extensive buyers at market for forward delivery, chiefly the
large Russian houses, who are still extensive holders. They
purchase about 385., and the quotations for parcels on the spot
are about 365. 6d., with a healthy and firm market.
Run, BRANDY, AND HOLLANDS.—The late sales of Rum are
Leewards 6 over at 2s. 2d., rather higher, and strong Deme-
rara rather easier, 27 and 28 over at 2s. 9d., and 37 and 38
at 3s. Id. In Brandy or Geneva there is no alteration to
report.
SALTPETRE.—There are no purchases of Saltpetre.
RICE.—The quotations of Rice must be considered nominal :
the inserted prices could not be obtained.
INDIGO.—There are no sales of Indigo to report.
TEA.—The prices of Tea are completely nominal. The
following are the deliveries last week, they are on a very con-
fined scale, showing that the dealers will not buy except for
their immediate wants.—Week ending 19th April, +-chests
310, ?2-chests 39, and large 57. Total 302,3181b5.
lalso PROVlSlONS.—Notwithstanding the actual consump-
tion of Bacon has been small during Lent, still the market
ice of green has continued to improve, the shippers persist
nrefusing offers at present prices, which will beyond doubt
• further advance; 365. per cwt. on board being the
shipping ss present, but as the manufacturers are giving
28s. 6d. for pigs, we 40s. on board will soon be obtained.
Considerable business has been done : a ??utter during
the last year, and there is every probability of tee stow(rui-
ning off. Our Stocks and Deliveries are estimated as follows :
BUTTER. BACON.
Stock. Delivery. Stocks. Delivery.
1834 24,000 firks 5,090 firks 17,700 bales 3,064 bales
1835 13,800 3,700 19,800 2,180
The Imports are Irish 68 firks., Foreign 3,666 eks. ; Bacon
3,000 bales.
COTTON.—The sales of Cotton last week were nearly 8,000
bogs ; East India at the advance of id. to k!. per lb. ; Ame-
rican and Brazil id. to id. per lb. higher since then there has