The Sun.
London, England, 1850-04-17 00:00:00

COMMERCIAL INTELLIGENCE.

REPORT ON THE STATE OF TEE BOMBAY MARKETS,
FROM THE 2D TO THE 15TH OF MARCH INCLUSIVE.
BOMBAY, FRIDAY EVENING, MARCH 15, 1850.
Our money market, as we anticipated, is already
recovering from the pressure under which it has been
labouring for some little time past, and as the mon-
soon approaches we expect to see it again in a healthy
gale. There has been a fair business done in Go-
vernment Securities; purchases, however, have been
confined principally to the five per cent. open
loan. In our last overland issue we mentioned
that there was a probability of this loan being
closed shortly, and we have since been accused of try-
ing to influence prices in favour of sellers. We beg to
disclaim any _ such intention. We are neither "bulls"
nor " bears," and care nut two straws whether prices
go por down. We mentioned the report as it was
current,
leaving our readers and the dabblers in Go-
vernment paper to make what they liked of it. Shares,
generally speaking, have maintained their value.
Orientals, in particular, have been in good request,
some orders from home having been executed at prices
varying from 171 to 171 per cent. discount. We rejoice
to find European capitalists turning their attention to
this stock, feeling convinced' that the smaller the num-
ber of local shareholders there are, especially natives,
the less subject will it be to those violent fluctuations
which in times of panic are so prejudicial to the inter-
rests of the gensral body of proprietors and stability of
the institution.
On the termination of the Ilooli holydays it was ex-
pected that business in our import market would have
presented some considerable animation, but this has not
been the case to quite the exiont which was looked for.
Toe dulness in the export market noticed in our last still
continues, there being scarcely any produce procurable

for shipment.
Cotton Piece Goods----The business done in these
goods has been to a rather large extent; but prices have
t
slightly receded during the fo!taigb f
Owing to the
holders of stocks, who were anxious to take advantage
ge on England lately
of the favourable rates of exchan
ruling, having forced large sales upon the market.
Grey Goods—Jaconets have sold to the extent of
7,000 pieces, at lir. per piece. The Price of 45-inch
better qualities, has declined la. to 2a., but are in some
demand, while for the lower descriptions no inquiry
exists. The same remarks apply to Madapollams, of ,
at lr. 13a. to
pieces
which the sales have teen 12,400
2r. 7a. per piece. Shirting have been sold to the ex-
tent of 14,225 pieces, at 3r. Os. to 6r. la. per piece. The
price of nearly all descriptions have
given way an anna
or two per piece. 60 to 66 reed 40-inch are in some
slight demand, but 48 to 56 reed are with difficulty
disposed of. 60 to 72 reed 45-inch realise fair prices,
and are in demand; as are also low qualities of the same
width.
Loogclotbs—Demand
Domestics—Sales, 2,620 pieces, at Br. 7a. Co 12ir. per
piece. The Arabs have purchased pretty largely
of the coarser qualities, at a slight reduction, however,
in price ; and a fair business has been done in the finer
makes by the Persian dealers.
Bleached Goods—Low makes of jacconets are in little
request; all others being in demand. T cloths of light
weight are uninquired for; those of 611 b. and upwards
being in some slight demand. Shirtings of good quality
are inquired for, but no demand exists for middling nuil
low descriptions. The sales have bcen 500 pieces, at 6..
sa. per piece. Madapollams have som.!what declined—
sales, 225 pieces, at 4r. Per piece. Whit" ,;"tin check.
,tripe, and ,pots, jaccontt checks, and twilled cloth, arc
in little or no demand, more especially the latter.
Fancy Goods—Plai, and allover lap; et sesi
bleached muds, pine and zebra dresses, are dull; whila a
good demand exists f,r gray and bleached ilhooties with
fancy' borders, gray mulls, low lapi ets and lappet scarfs,
dyed mulls and madapollams.
Dyed Goods—Turkey red mulls are uninquircd for,
the demand for twilled and plain cloth having slightly
increased.
Cotton Yarn—The sales during the fortnight amount
to 547 bales water, 73 mule, 15 orange, 37 Turkey red,
and 100 cases ball thread. The prices obtained for Nos.
20 and 30 water show an advance on former rates. All
Nos. of mule, except 20's, are scarce and wanted. The
value of Turkey red has advanced, while that of orange
has declined.