The Sun.
London, England, 1845-03-24 00:00:00

COMMERCIAL INTELLIGENCE.

(From the CaFca 0-ITerla;(l,Price Cutrelit-Of}eb. 7.)
Immediately after the dispatch of our last number a noti-
fication appeared, to the effect that Government were pre-
pared to make advances, under the previous regulations, on
goods hypothecated to them at the reduced rate of Is. led.
per rupee. This, although not effective in inducing parties
to avail themselves of it to any great extent, has materially
affected the ruling of our exchange on England, and in con-

sequence caused a very active demand for all staples of ex-
port from this country, and at, generally speaking. an ad-
vance in price, with the exception of those articles which are
principally influenced by the scarcity of available tonnage
and consequent high ruling of freights.
This decline in exchange has, however, been equally felt in
our import markets, and has been the cause of increased
dullness, holders (from the ruinous rate at which they are at
present forced to make their remittances) showing no dispo-
sition to meet purchasers, who on their part seem equally
determined to hold back.
The Government express, bringing London dates to the
7th of December, came in on the evening of the 19th ult.,
but the intelligence received by this opportunity not being of
a very important nature, very slightly, if at all, influenced
our markets.

Indigo—The accounts received by the last mail, although
rather discouraging for this dye, had no effect on this market.
and at a public sale of 680 chests held the day after the ex-
press arrived, former rates were fully maintained ; our opi-
nion nevertheless was, that prices would give way as soon
as the French had completed their purchases, and no doubt
such would have been the case ; but on the 22d ult. the Go-
vernment lowered their rate of exchange from Is. 11d. to
Is. 10d. per rupee, which caused many English buyers to, re-
appear in the market, and prices have in consequence been
supported. We have now but few fine marks remaining,
and the quantity available consists of bought-in lots, native
manufacture, and up-country and Buxar sorts ; but even of
these we do not think more than 15,000 maunds will be of-
fered for sale, so that we may consider the season closed by
the end of this month, and the crop will be divided as fol-
lows :—England, 29,000 chests ; France, 10,000 chests ;
America, 500 chests ; and Gulfs, o 0 chests.

The principal part of the English shipinents have been
made rather as remittances than on speculation, many per-
ties preferring this to any other mode of sending home money.
Exports from the Ist of November, 1844, to the sth of
February, 1845, have been as follows, viz.:—
Chests. Factory maunds.
19,157 70,789
9,624 33,705
535 1,822

To Great Britain
France
North America
Red Sea, Bombay, and
Gulfs
All other ports

96 312
2 5
Total •9,414

106,633

Sugar—This article has throughout the past fortnight
been in extensive demand, and sales to a considerable ex-
tent have been effected at in most instances an advance of
about four annas per maund. The new crop of date which
is now arriving being of a superior description, is
readily taken as it comes to market at from Company's rupee.
10 to 10 8 per maund. A few parcels of Dobarah (or chriti
talized) have also arrived, and found a ready sale at front
11 to 11 8.

Fine white Benares continues scarce and in inquiry, Com-
pany's rupees 12 to 12 2 being readily paid.
Several manufactories under European superintendence
being now at work, the demand for low Khaurs and Ghoor
continues at high rates. _

Exports from—the Ist instant up to date amount to 25,000
maunds.

Saltpetre—The accounts brought by the last mail being
more favourable with regard to this staple have caused an
increased activity in our market, and a good business has
been done for Great Britain. For France and North Ame-
rica there has been but little inquiry.
Exports, from the Ist inst. up to date, are to Great
Britain 9,075 maunds.

Runs—One or two small sales have been effected since our
last, at about 7 annas per gallon, bat manufacturers still
prefer shipping. Exports have of late been heavy, being in
December and January no less than 150,000 gallons against
for the corresponding period of the previous year 34,000
gallons; and from the Ist instant up to date amount to 8,000
gallons.
Raw Silk—The late accounts having been more favourable
for the finer descriptions, a large amount of business has been
done in Cossimbazar, Jungypore, and Gonatea of the Nov.
bund, at full prices. The native manufacturer' at last appear
to have found the advantage of paying more attention to the
reeling of their silk, as a decided improvement is discernible
in the quality of this bund.
Of Hurrypole and Radnagore our market is now nearly
cleared, and the parcels remaining being generally of an
inferior description are difficult of sale.
We of late notice several small pnrchases for France and
North America, which will, we hope, prove the forerunner of
more extensive shipments to these parts.
Exports, from the Ist instant, have been as follow, viz.
To Great Britain, 671 mds. ; France, 5.
Silk Piece Goods—We have no alteration whatever to
notice in the demand or price of these goods since our last,
corralis of every description being readily purchased on
arrival, at about former rates. Choppas and bandannas
continue scarce, and any parcels offering find a ready sale.
Exports, from the let instant up to date, have been as follow,
viz :

Great Britain Prance.
Corahs
54
Choppas and bandannas 255
Coloured and Printed Goods —The Caubul dealers have
taken off a limited quantity of suitable styles of chintzes ;
and the stouter makes of '1 urkey red twill.; continue in de-
mand, although at rather lower prices. Imports of all kinds
in January amounted to 737 packages.
Woollens—We have no change whatever to notice ; the
market remains in the same depressed condition, with in-
creasing stocks.
Imports in January, 478 bales.
'White Mule Twist—Transactions since our last have again
been on a very limited scale, but we can scarcely notice an♦
alteration in value. No. 40 is comparatively in best demand.
Imports in January amounted to 1,824 bales, or 863,0801 b.
Coloured Yarn—Turkey red, German dye, has sold to a
fair extent, at from 1-9-4 to 1-12-6 per lb. In British there
has been less doing, but sales are reported at 1-7.3. In
orange and green a few transactions are reported at about pre-
vious rates. Imports in January were as follows, viz.:--
Red, 137 bales, or 55,4001 b. ; orange 91 bales, or 89,0001 b. ;
green 21 bales, or 8,2001 b. _ _ _

- Copper—Transactions since our last have been quite unim-
portant, and sales can only be effected by submitting to a
further decline. Imports in January were as follows, viz.:—
Tile and ingot, 1,853 maunds ; foreign, 1,720 maunds ; sheet
and plate, 1,398 maunds ; pig, 680 maunds ; old, 1,244)
maunds ; japan, 324 maunds ; nails, 79 maunds ; South
American, 1,646 maunds.

Iron—A speculative demand has lately been experienced,
and about 35,000 maunds of common bar have changed
hands ; the present puce for good sound iron is 2r. 2a. per
maund. Imports in January were as follows, viz.:—Bar,
bolt, and rod, 33,294 maunds ; hoop, 1,694 mounds ; sheet,
19,108 maunds ; Swedish, 12,280 maunds ; pig, 1,497 Istatuals ;
Rails, 735 maunds; old, 96 maunds.

. .
Spelter—ln very moderate inquiry, prices have declined,
and have still a downward tendency.
Imports in January were 17,476 maunds.
Lead and Tin Plates—Stamped pig has sold to a moderate
extent at 6 rupees per maund ; but in other descriptions
there has been scarcely anything doing, and prices have not
altered. _

Imports in January were as follows, viz.:—
Tin plates, 96 boxes ; lead, sheet, 1,268 bags ; lead, pig
6,316 maunds; ditto, sheet, 842 maunds.
Beer—Transactions have been confined to some few hogs.
heads of Allsop's at 59, and, until the new beer arrives, there
will be nothing doing. The imports in January were as fol-
lows, viz.:—

Bass's
Allsop's l9B
Barclay's
Rees's 4O
Teunant's 47
EXCHANGE.

Taylor's
Palmer's
Saunders's 143
Sundries

Immediately after the issue of the late Government noti-
fication the rate for good bills declined to is. 10id., and even
Is. 10hd. per rupee ; but at the former figure we consider the
principal business for the mail to have been done, although
buyers are now indisposed to operate except at Is. 10id.
French bills with documents have been let oft' at Is. 100.,
but not, we believe, to'any great extent.
MONEY MARKET.

We have no alteration to notice since the 20th ult. Go •
vermnent securities and hand stock of all denominations con-
tinue to change hands to a fair extent at our quotations.

CURRENT VALUE OF GOVERNMENT SECURITIES, BARK
STOCK, &C.

Transfer Five per Cent 2or. Ba. to 21r. Oa. prem.
Second do., according to Nos 4r. Ba. 7r. Ba. „
Third do., do
New do., do . 9r. 12a. —10 r. oa. „
Sicea rupees, Four per Cent..... Or. 12a. Ir. Oa. dia.
Company's rupees, do
Bk. of Bengal Shs., 4,000 Co.'s rs., 2,750 to 2,800 pm., ex. div.
Union Bk. Shares, 1,000 Co.'s rs., 260 to $65 pm., ex. div.
Agra Bk. Shares, 500 Co.'s rs., 270 to 280 pm., ex. div.
Mussoorie Bank Shares, 500 Co.'s rs., nominal.
Bank of Western India Shares, 300 Co.'s rs., nominal.