The Sun.
London, England, 1845-04-04 00:00:00

,From the Chamber of Commerce, Overland Price Current.)

Bom ear, Mince 1, 1845.—The business done in imports during
the past month has been of the mast limited description, and our
market has, with few exceptions, exhibited greater dullness and ie.
activity than at any time since the opening of the season. The
step recently taken by Government, of reducing their rate of ex.
change for adva►ices on produce V, Is. 10d. per rupee has tended
to throw fresh difficulty in the way of our import trade, by de.
pressing still further the mercantile rate; and a growing scarcity
of money, which now begins to be felt, will doubtless increase the
embarrassment. In this unpromising posture of affairs, an Act has
been published by the Legislative Council of India for raising to a
material extent the duties upon all the principal articles of impor-
tation into the three presidencies, wiita the single exception of cotton
twist and thread, the import duties upon which has been left as it
stood before. The enactment is to be reconsidered (as is customary)
at the first meeting of the Council after the expiration of three
months from the date of its publication ; and there can be no doubt
that this period will not pass away without the adoption of vigorous
measures on the part of the mercantile community of India to
secure the abandonment or modification of an arrangement likely
to inflict such serious jnjury on the interests of trade. The Born.
bay Chamber of Commerce has already held a meeting on the sub.
ject, and resolved to memorialise the Legislative Council with a
view to the attainment of this end. Coi.its of their petitions, we
understand, go home by the present mail, to the different East
India Associations and Chambers of Commerce, in order that these .
. bodies may take such steps in support of the appeal, as circum-
stances may render necessary.

Cotton Manufaetures—With the exception of the finer kinds of
36 at 40-inch gray skirtings, and 33 at 36.iuch gray Madapollams,
all varieties of gray and bleached fabrics have, during the past
month, been quite without demand, and were it not that holders
have abstained from pressing sales, a considerable decline in prices
must have taken place. Turkey red twilled cloth, fancy cambric'
and muslins, and a few descriptions of prints, have been in fair
request, but without improvement in prices. For all other varieties
the market has been dull.

Yarns—The demand, both for mule and water twist, has been
very languid, and transactions extremely limited in amount.
Holders, however, having remained firm, the reduction upon our
last quotations has not been considerable. The stock of No. 20
mule is large, both in first and second hands, but of other numbers
there is no more than a moderate supply. We hear of no sales in
coloured yarns. Turkey zed is becoming scarce, and for Nos. 30 to
40 of good qualities, 110 rs. per lb. is readily obtainable. For
middling sorts no more than 1 rs. is offered. We quote orange a
trifle lower than last month.
Woollens—We have bees apprised of no transactions in woollen
cloths. The market is still greatly depressed, and prices continue
unremunerating. _ _

Beer—As is usual at this season of the year, there Is little doing
in beer, and sales have been confined chiefly to Allsopp's of last
season's brew, at 50 rs. per hogshead. Some other brands are in
the market, but are almost unsaleab!e.

Spirits—We are informed of a sale early in the month of 2,500
gallons of common spirits, 1 6 per gallon. There is not much
change in the prices of either gin or brandy, but all are held for
higher prices consequent on the expected advance in the rate of
duty. _ _ .

Bottles-4.70 crates of quarts have been disposed of at 1 rupee
per dozen, and 23 crates of pints at 13 annas:_

BOMBAY MONEY-MARKET.
FREIGHTS.

To London
Liverpool ..
China
Ditto opium, per clipper