The Sun.
London, England, 1850-12-02 00:00:00

petre has been moving forward very moderately
to Great Britain, but for China and North Ame-
rica a fair business has been done. To the latter
place exports have been increasing, which, con-
sidering the shortness of supply of the article this
year, leaves but a moderate quantity for the home
market. Raw silk has been in great favour, but the ha-
zier is almost completely exhausted of the higher de-
scription, so that the lower qualit'es are what will next
be dealt in. The rainy bond produce is inferior, and the
imports aro expeca-d to be short, so that exports for the
next three months cannot be heavy. Corahs have sold pretty
freely. Some small parcels of superior quality came to
hand, and met with immediate sale at high figures. The
market is at present hut moderately supplied, and prices
are sure to rule high. Choppas and Bandanoes have
been under neglect, and holders refuse to realise at pre-
sent offers. A little business was done in Tussiars. In
Rice there has been a pretty fair business done, doubt-
less it would have been more, but for the heavy rates of
homeward freightage and the difficulty of placing bills
agaiust that article. Exports exhibit a falling off of
about 100,000 mds. since last year and nearly double
that since-48. Ballem and Moonehee have been in
good request at full prices. Jute has remained in active
request, and, notwithstinding a pretty heavy business,
stock has increased. Prices are well kept up and we ex-
pect freights for that article will also be maintained, as it
appears to be in general favour. The market is likely
to open with activity, but we do not expect any more fa-
vourable terms to the shipper. In Hides there has been
but little business done this month; holders have been
firm, which has checked the demand that was making.
In Oilseeds there has also been less business for the
British market this month, and the Americans have like-
wise been more quiet in their operations. Freights have
been found too high. In Safi ewer we have no change
to report; a few parcels have been in the market for
some time now, but owing to high prices asked, have
not changed hands. Exports must show a felling away
for some time to come. Shell Lac has been particularly
quiet, and even lower demands have failed to induce any
business. In lac dye a moderate business has been done
principally confined to the American houses. For
Great Britain inquiry made for some of the favourite
English makes. Caster oil has ruled lately at a little
advance of about eight annas. Cowries have been mo-
derately looked for, but there is no alteration in value,
holders evincing no desire to realise except at full rates.
Opium showed a decline, and business was moderately
done.

In produce of minor consequence we have no particu-
lar observation to make; the few sales which have taken
place are thus di tailed :—Gunny bags 35,000 pes. at Rs.
9.6 to 10 per 100 pcs.; Tussers, Beerbhoom, 100 pcs. at
5 per piece; gunny cloth, 1,000 bales at 3-10 per piece;
Mocha coffee, 50 mds. at Rs. 40 per b. md.; dry ginger,
350 bags at 3-6 to 3-7 per b. md.; deer horns, 100 mds.
at 12 per b. md.; buffalo horns, 10,000 pcs. at 6 to 7
per b. aid.
Of course our remarks apply to operations between
the Ist and 10th instant—since then there has been no
business whatever, neither,l private or public ;
the markets only re-opened to-day, hardly more than
nominally we may say. Nor do we expect business will
come into full awing till about the date of our next report,
as inot.t of our native dealera generally absent themselves
for a longer period than the duration of the holidays;
and this year, we believe, there will be found a larger
number of absentees among our merchants than usual,
staying away, perhaps, till the 2d proximo.
In the import branch of our business, although vie
have not much alteration to notice, it is satisfactory to
observe that the little we have is towards increased im-
provement. As regards Manchester Cotton Goods, the
improving tendency coetilitied up to the last day of busi•
ness, and the scale of operations was more extensive,
and generally, too, at higher price +, Indeed, as regards
the latter, they seem gradually mending and approxi-
mating to the state of the Manchester and other mar-
kyts. As stocks are far from heavy, and arrivals
can by no means he, for some time, on anything like an
extensive scale, holders will continue to show firmnets;
and as some pretty heavy orders are already in the
market, and local consumption cannot, be stopped, it
is certain that before long we shall have to report a de-
cided improvement even upon that which has already
taken place. It is satisfactory to observe that the fore-
going remarks apply with equal force to woollens and
printed and coloured goods, as well as to Manchester
and other yarns. As regards some of the other leading
articles of imports, the markets closed with a generally
improving tendency.
THE MONEY MARKET.—We are without a single new
feature to notice under the head of monetary matters.
The characteristics of abundance of money and free de-
mand remained to the last: discounts and interests were
likewise the same. Just before the commencement of
the Poojas a lisle tightness—ipdeed it can hardly be
termed tightness—was observable, but it was no more
than the consequence of a general desire to enter into no
new engagements before the relaxation—to get in all
the outstandings possible, and to get all things snug
against the long night, when no man can work.
Exchange—Rates of exchange on England had' lat-
terly a wide rsnge; for, while some paper at six months'
sight had been placed at 2s. lid., others had realised
2s 3d., both with documents. The former figures were,
however, far from the market rates, while the latter may
be quoted by us at what the market is likely to open
with. Shipments of Indigo will, of course, exercise
the usual influence on this market.

Freights—Since the date of our last very little busi-
ness has been done, all the tonnage available tor imme-
diate purposes having been taken up previously, or
about that time. Arrivals have not been heavy, and
we anticipate a stiff freight market on the resumption
of business, particularly as stocks of produce have been
allowed to accumulate, and a healthy feeling prevails
in the export market. The great demand for tonnage
for Jute kept the rates for that article up stiffly, at oar
last figures. Within the last two or three days arri-
vals have been more free. We do not alter our last
quotations.

IMPORTS.

As we anticipated, the healthy tone of this branch of
our business continued up to the last working day; in-
deed, as regards some articles, there was increased ani-
mation observable, and transactions were heavier, while,
at the same time, prices were more remunerative;
appearances are exceedingly healthy, and all circum-
stances concurred to afford us an earnest that business
will re-open with more animation than we have lately
experienced.

Barns's COTTON PIECE GOODS.—The few days which
intervened between our last report and the commence-
ment of our longest vacation were characterised, as we
anticipated they would be, with increased animation; al-
most every article of British manufacture showedim-
provement, and a still further improving tendency. This,
there is every reason to expect, will be fully developed
on the resumption of business, so that we may very
shortly expect to be able to report the market as nearer
par with the position of the Manchester and other
markets in regard to prices. Arrivals have been by no
means heavy, so that very little accumulation can have
taken place in consequence of the inactivity of the last
ten or twelve days. There are, yet some of the Bombay
orders unexecuted, and these will, as they did before, sti-
mulate local inquiry, and, by competition, cause prices to
be well maintained at an advance. Our next advices will
be more satisfactory to parties importing.
In grey singings a very satisfactory amount of busi-
ness has been
f'
reported, hith in execution of orders for
Bombay and for local purposes. Prices have g, n, rally
been hither than they were during the last fortnight of
Sept:anber. In Bleached Shirtings there has been im-
provement,.and latterly prices have ruled at an advance
of nearly tour annas per piece. Grey Jaconets have
continued to improve in demand as well as value; a fair
amount has changed hands. Bleached Jaconets show
greater improvement than the preceding, even to the
extent of 2i annas per piece. In Madapollams a fair
business is done, About average scale, without any mate-
rial change in value. Lappets have been placed freely,
and prices are a shade better. Mull mulls, cambrics,
and book muslins show hardly any alteration; they have
all commanded a fair share of attention, and prices, if
they are not higher, are firmly maintained.
Woollens—We have to report favourably again on
this market; though imports had been on a pretty heavy
scale, yet a fair business was done at well maintained
prices.
Printed and Coloured Goods—A fair business cons.
tinned on foot in these goods generally; previous prices
were well supported. Turkey red cloth, both plain and
twilled, had sold freely at a shade of advance. English
I prints and chintzes were in good favour.

EXPORTS.
A very healthy feeling continued to prevail in the
Export Market, and there was evidently a desire to ex-
tend operations when the holidays came in to interrupt
business on the 10th instant. A fair scale of business
had, nevertheless, been done during the dozen working
days before the vacation. It is probable, too, that, but
for the want of tonnage immediately available, a much
more extended scale of operations would have resulted
from the active inquiry which existed in this market tor
many of our leading staples. Stocks of some articles
have been accumulating during the suspension of busi-
ness, but we do not believe that they are in any instance
anything like excessive. Tho markets only re-opened
to-day, but, of course, we aro unable to say anything of
the position of things till business has had time to settle
down. It is, however, more than probable our next re-
port will show a gradually improving tendency in all de-
partments.
Indigo—This article exhibits a novel feature in our
export market,
sales having already taken place for arri-
val (Ma considerable quantity at Rs. 175 to 180 per aid.
These fieures show an advance of Rs. 30 per md. on last
year's prices, but when the rates of exchange on Eng-
land are taken into consideration, the advance is actu-
ally still greater. It is calculated that an advance of
ls. per lb. on London July rates will he required to
meet that which has been given here. We believe on
similar terms a considerable further business will be
done before long, and, in some instances, perhaps on
more favourable terms to the planter.
We have learnt nothing calculated to make us alter
the estimate given on a former occasion of 1,15,000 suds.lt is pretty generally agreed that the foregoing figure
will be the true mark; it may be exceeding by a little,
but cannot be too big!).
Raw Silk—An active inquiry has existed for this ar-
tick, but operations have been kept under by the
limited state of supplies. The floor qualities are ex-
hausted, and medium sorts are also scarce. Some of the
rainy bund has come down, and will now be looked for.
Silk Piece Goods—We have not had much business
done in Corahs; stock was low, though a good inquiry
existed. Choppas and Bandanoes were quiet, and a few
pieces of Tussors had changed hands at 4-8 to 5 each.
Sugar—There is no change since date of our last to
be noticed in the position of this market; under the in-
fluence of last home ad vices a more healthy and active
business was done at the advance noticed in our last,
Saltpetre—Home shipments do not show any
increase,
but, on the contrary, a great falling off, and this will
most likely continue.
Jute—There was no abatement in the inquiry for this
article; holders sold readily at current raw, and a fair