The Sun.
London, England, 1850-10-04 00:00:00

COMMERCIAL.

STATE OF THE BOMBAY MARKETS—Auc. 31.
IMPORT MARKET.

Cocoanut-day fell this year upon the 22d inst., after
which it is usual to consider the season for business
opened at Bombay; and already considerable transac-
tions have had effect at improving prices. The fall of
rain, though it has been scanty on the i-land of Bombay,
and in this immediate neighbourhood, is reported to
have been very great throughout Marwar, Gur nit, and
most of the northern districts, while the accounts to hand
of the crops of cotton, grain, &c., are in general most
favourable and encouraging. The coasting trade, both
for native craft and English steamers, is resumed, and
cotton boats are now dally arriving.
Metals—English and Swaliali bar iron are in good
inquiry, as also lead and spelter. The supply of copper
in the hands of the bez tar-dcalers is rather large, and
all descriptions of this metal are looking dull.
Cotton Manufactures—The favourable reports of the
fall of rain from Marwar and other countries, coupled
with the knowledge that there are only moderate stocks
in Bombay and on the way, have encouraged dealers to
begin to purchase; and although an advance on the
closing prices of last season of 6 minas to 8 annas on
grab shirtings, 3 annas to. 4 annas on Madapollams, and
2 minas to 3 annas on Jaconets, has taken place, yet
holders do not wish to part with their stocks, consider-
ing the rise not equal to that which has recently been
established in Manchester, and insufficient as it is to
cover the cost of goods now on the way. The princi-
pal demand as yet is for gray shirtings (40in. and 45in.),
the finer qualities being in improved request, and the
stock very moderate. T-cloths have also been in de-
mand, and about 10,000 pieces of them are reported sold.
Turkey red cloth of good qualify is also in improved
ia quest. Scotch at,cl fancy goods are large in stock,
and continue neglected: Altogether, though the sales
now to be reported are not so great as those advised this
time last year, there is a manifestly improved feeling in
the market, and importers are looking for a still further
advance.
Yarns—These, both mule and water, have risen since
our last, and are still rising in value, the stocks now in
first and second hands being very moderate, while the
demand is active.

Beer—The sales of Allsopp's beer are 476 hhds. at
65r. per hhd., and 40 hdds. at 70r. per hhd. All the
recent arrivals of Bass's have been cleared off at 65r. to
70r.; and 75r. are demanded for the next supplies.
Hodgson's and Tennent's have been sold, we hear, to
arrive, in small quantities at 55r. and 50r. respectively.
Cochineal—We do not hear of any sales of this article
except one of 2,8001 b. of silver at 2r. 4a. per lb. Stocks
on hand are still large, and best quality is not worth
more than our quotation.
EXPORT MARKET.

Cotton—This article has advanced from 30 to 40 per
cent. in value within the last four mouths, and is now
yielding a handsome profit to the dealers. Large pur-
chases have nevertheless been made for the Eogli.h
market at our quotations, in not less than 15,000 to
20,000 bales, since the date of our last report of the 25th
ult. Great efforts are at last being made by the local
Government to nut down that vicious system of adulte-
ration of this staple export, which has been so long prac-
tised with impunity in the Guzerat and other districts
by c xposing the cotton to damp, and mixing seeds end
uncleaned with the newly cleaned cotton, &c., and which
has latterly been very much on the increase, without al-
most an attempt to conceal the crime. The Chamber of
Commerce addressed the Government on the subject
sonic time ago; and it is believed that the remonstrances
of the mercantile community must lead to an early and
extensive change for the better. The regulations of Go-
vernment already in existence, if Well enforced, are be-
lieved to be sufficient for this purpose.
Opium—Little or nothing doing, stocks being very
small; and of first quality none offering. Our quota-
tions therefore may be considered nominal.