The Sun.
London, England, 1844-06-18 00:00:00

MARKET INTELLIGENCE.

(From the London New Price Current of June 18.)
• SO:Wt.—To-day a large business was transacted in all de-
scriptions of West India Sugar, but merchants were com-
pelled to submit to a reduction on former rates of 6d per cwt ;
the private purchases amounted to 700 hhds and tree. The
proposition to reduce the duty on Colonial Sugar, and on Fo-
reign free labour to 34s on clayed, and 303 on unclayed and
5 per cent. which was carried on Friday evening in the House
of Commons, was last evening rejected by the Government,
and the duties originally proposed by them are to remain the
same. This has produced a greater desire on the part of
holders of Colonial Sugar to sell.
REFIRED.—To-day the home trade purchased Refined Sugar
more freely, but no improvement in prices can be quoted;
brown Lumbs selling at 755, and standard Lumps 76s per
cwt. The market is quiet for bonded Crushed Sugar at
25s 6d to 25s 9d per cwt.
MAURITIVS.—This afternoon the trade evinced little incli-
nation to do business, and a small part only was disposed of,
but merchants would not give way in price—fine yellow
fetched 63s to 655, good 60s to 62s 6d, middling 58s to 59s 6d,
low 56s 6d to 57s 6d ; middling brown 52s to 535, good to fine
54s 6d to 55s 6d, middling to fine grey 57s 6d to 61s, and low
56s to 57s per cwt.
EAST INDIA.--This afternoon the trade purchased Bengal
Sugar with caution, and 1,668 bags at auction were only
partly sold, but former rates were sustained ; fine white sold
at 64s to 64s 6d; good 618 6d to 635; damp and washed 61s
to 64s ; and grey 57s 6d per cwt.
Foußios.—ln yellow Havannah the transactions have been
upon a very extensive scale since last Tuesday, but importers
are compelled to submit to a further reduction in price of 6d
per cwt ; in white only a limited business was transacted, and
rather lower rates are accepted. To-day a good disposition
was shown to purchase Foreign Sugar, and stiffer rates were
paid ; two floating cargoes of yellow Havannah were sold at
20s 6d for a near port, and a cargo of white Havannah, for
Russia, at 308 6d per cwt.

MoLAssEs.—Pric,es are still on the decline for West India,
and buyers have been cautious in their proceedings; only
small parcels of low St. Kitts and St.:Vincents sold at 23e per
cwt. Bengal Molasses at lower rates.
COCOA.—lmporters of West India submitted to rather lower
rates, buyers have been induced to come forward more freely,
Trinidad at 42s to 43s for fair grey, 44s for good, and 45s 6d
to 47s 6d per cwt for good bold dark red. In Foreign Cocoa
prices are sustained. This afternoon Trinidad Cocoa were
taken in at 4As for mid red.

Rum, BRANDY, AND HOLLANDS.—Prices have fallen id to
Id per gallon for Leeward island Rum ; proof quality smoky
at 2s lid, 3 per cent over ditto 2s 2d, and 10 per cent over
2s 24d per gallon. Jamaica 26 to 28 per cent over proof 3s to
3s Id, 30 to 32 per cent over 3s 2d to 3s 4d, 33 to 36 over
3s 5d to 3s 7d, good 3s 8d to 3s 9d, fine 3s lOd to 4s 3d, and
superior 4s 4d to 5s per gallon. Demerara cannot generally
be quoted cheaper, 3s 3d accepted for a small parcel
37 per cent over proof. Calcutta at is Ild per gallon
proof strength with certificate. Brandy is still dull of
sale. Cognac best brands of the vintage of 1838—hhds at
5s 6d, puns 5s 3d; ditto, 1839, hhds 53 3d, puns 5s id; ditto,
1840,11phunhsds5s4s Ild ; puns 4s 9d,:,:mid and good
; ditto, 1841, hhds 5s id, puns 4e
s 3s Ott to 4s 3d, and low 2s 8d to 2s lld per
gallon. Genera for shipping at Is 9d to is 10d, fine for home
middling hhds
ditto, 1842,
consumption has fetched 2s 4d to 3s per gallon. At previous
rates the market is firm for English Corn Spirits. To-day,
; qusla 2i4tcie
Rum 2s 2d per gallon ; proof Jamaica fine high flavour 36
per cent. over proof sold at 4s 2d per gallon.
COFFEE.—A good demand has prevailed for West India
since this day week, and previous rates are sustained. Mocha
at firm rates; middling fetching 71s to 735, and good mid-
dling 74s to 755. To-day Foreign Coffee met with attention,
fine ordinary Rio for exportation, at 37s per cwt. Jamaica
at full rates ; good middling 100 s to 110 s ; middling 82s to
89s 6d ; low middling 80s to 818; fine and fine fine ord 66s
to 76s ; and Triage 50s to 57s per cwt. Ceylon at 48s to 49s
per cwt for good ordinary.
TEA.—There has been more activity in the Tea market ;
importers are less inclined to press sales, and none has been
offered at auction. In black several purchases have been
made, and rather higher rates paid. Green Tea is much
wanted, and stiff rates are paid. To-day there was not
much business transacted in the Tea market, but holders
were firm, and would not sell but at full rates.
SricEs.—Cloves upon easier terms. For Cinnamon holders
are not inclined to take lower rates. Pimento is still much
wanted, and prices are fully sustained. Mace at 3s Id to
3s 5d for middling bright Bencoolen, and 2s 9d to 2s 10d for
ordinary. Jamaica Ginger at 4/15s to 9115 e for ordinary to
good. East India dry Ginger 2s per lb ; Jamaica preserved
taken in at 4e per lb. This afternoon Jamaica Ginger and
Malabar were offered; the former were all taken in, but the
latter were sold at 91s to 92s per cwt for good bold.
SAGO.—Pearl, fine small at 255, middling greyish 18s to
19s 6d per cwt; African Arrowroot 2d to 3d; fine West
India is 5d to is 6d; Bermuda 10d to is Id. Sago Flour
taken in at 22s for good quality ; there were buyers at 19s
per cwt.
RlCE.—,Bengal, low white at 106 6d, mid 108 9d to lls,
and mid and good Ils 3d to lls 9d per cwt. Java of white
quality is dull of sale at 9s 6d to I ls, but yellow is much
wanted at 9s to 9s 6d, and Madras at 8s to 8s 6d per cwt.
Patna Rice at 13s to 16s, and Carolina 21s to 26s per cwt. •
Isproo.—East India at prices 3d to 4d per lb under those
of the last quarterly sale ; there is, however, a good consump-
tion going on.
OiLs.—Prices have ruled firm for common descriptions of
Fish Oils, and a good demand has prevailed from the home
trade ; Cod Oil 33/ to 33/10s, pale Seal 33l 10s to 344 and low
to fine Southern 27/ to 321 per tun ; Sperm Oil 73/ to 761 per
tun paid for British ; Linseed Oil at 25s 6d to 26s per cwt on
the spot; Rape pale at 38s 6d, and brown 37s to 37s 6d per
cwt ; Cocoa Nut Oil fine quality taken in at 30s per cwt.
Prices are still on the decline for Olive Oil ; Gallipoli at 49110 s
to 50/, Spanish 471 to 481, Barbary 461 to 461 lOs per tun.
Palm Oil at firm rates ; 27s 6d to 288 per cwt paid for fine
quality.
TALLOW.—For Russian Tallow on the spot prices have ad-
vanced 6d. per cwt. ; 40s. 9d. to 41s. per cwt. currently paid
for P. Y. Candle. For delivery iu the last three monts of the
year at 425. to 425. 3d. per cwt. Town Tallow at 395. 6d. to
40s. per cwt. net cash. Odessa yellow Candle fetched 405.,
and New South Wales 375. 9d. to 40s. per cwt. To day
P Y C disposed of at 41s. to 41s. 6d. on the spot, and 425. to
425. 6cl. per cwt. for delivery in the last three monts of the
year.