The Sun.
London, England, 1844-05-08 00:00:00

MARKET INTELLIGENCE.
(From the London New Price Current of May 7.)

Su amt.-To-day importers of West India Sugar were
unable to obtain any further advance in prices, although only
three brokers had any Barr on show ; a fair business was
transacted, considering** &tilted quantity at market, and
the rates given were on a par with those of Friday.
This afternoon new Trinidad Sugar good bright strong
yellow went at 64s to 655, good middling 63s 6d, middling
62s to 638, low middling 61s to 61s 6d, fine brown 60s,
drainage damaged 60s to 62s 6d per Wt.
RXFDTID.-TO-day refined Sugar was less in request, and,
prices are not so fire ; brown scaleable lumps selling at 79s
and standard lumps at 80s per cwt. In bonded Crushed Sagas
several purchases were made at 25s 9d per cwt, at which the
refiners are firm. Ix other articles there is no change.
Maxismus.-This afternoon importers were disposed to
realise ; the trade operated with caution, and of 10,907 bags
at public sale, a small part only sold at a reduction on Fri-
day's rates of 6d to is per cwt; fine yellow went at 65s to
675, good 63e to 64s 6d, middling 61s to 62s 6d, low 59s to
60s 6d, good and fine brown 58s to 59s per cwt.
EABT INDIA.-Fereign East India is held with firmness.
This afternoon Bengal Sugar sold at a decline on former
rates of is per cwt ; middling white went at 62s 6d to 63s 6d,
good 64s to 65s 6d, fine 675, very fine 698 6d, damp and
washed 60s 6d, to 66s 6d, middling sound yellow 61s to 61s 6d,
low 57s to 58s, damp 56s 6d to 61s 6d, and middling grey his
to 62s per cwt.
FOREIGN.-There has been more demand for Brazil Sugar,
and full rates have been paid. To-day some parcels of white
Havannah were sold privately at former rates. There are
buyers of all other sorts of Foreign Sugar at a slight decline
in prices, but no sellers are to be met with.
Blotssaslss.-West India at very full rates; Berbice at 24s ;
Demerara 25s to 25s 6(1 ; Antigua 27s ; St. Kitts 245; To-
bago 26s ; and Grenada 23s per cwt. Bengal at 15s to lis
per cwt. New Trinidad Molasses sold at 27s to 27s 6d per
cwt for good quality. Privately good Demerara fetched 25s
per cwt. This afternoon Jamaica Honey went at 565.
COCOA.-For 'West India former rates are barely sustained ;
Grenada mid red at 465, grey 445, Trinidad mid red 50s, and
dark 46s 6d to 48s per cwt. Foreign at 28s to 30s per cwt.
COFFEE.-The market has been in a dull state for all
descriptions of Coffee subject to the 4d per lb duty, and
reduced rates again submitted to ; new Jamaica at a reduc-
tion on previous rates of 4s to 5s per cwt. To-day further
reduced rates were accepted for Ceylon Coffee ; for good
ordinary 488 to 50s per cwt accepted privately ; prices
exhibit a fall of 17s to 20s from the highest point
of the market this year. Mocha, good ordinary at
56s to 60s, fine ordinary green 74s to 765, middling yellowish
long berry 79s to 82s, good middling 85s 6d, sea damaged
first class 41s to 78s 6d, second, third, and fourth ditto 40s to
775, broken 535, triage 19s to 44s ; mixed Batavia taken in
at 40s; new Jamaica, good middling 965, middling 88s to
935, low middling 82s to 85s, fine and fine fine ordinary 72s
to 75e, good ordinary 635, triage 35s to 455. La Guayra
bought in at 42s for good ordinary.
TEA.-The dulness in the market has increased, and the
limited purchases made privately have in most cases been
rather under previous prices _ To-day the limited business
transacted in Tea was at prices rather under those of the last
public sales, common and good common Congous cash selling
at lld to Is and common Twankay is 2d to is 2d per lb.
At Canton the price of common Congou is 18 to 21 taels.
SPICES.-For black Pepper prices have advanced. White
is not much wanted, but prices do not give way. For Cassia
Lignea prices have fallen is to 2s per cwt. -,s;utniegs have
been sought after, and very full rates given. For Ginger
prices are still advancing. Pimento at 3id to Sid for mid-
dling, and 3id to 31d for inferior quality.
RICE.-Patna is 13s to 17 s, and Carolina 21s to 26s per
cwt. This afternoon Bengal Rice, sound, all taken in at lls
for good mid white, being the former value, sea damaged
sold at lOs to lOs 6d for the first class and 9s to Os 6d per cwt
for second class.

SAGO.—For Pearl Sago higher rates paid ; good middling
small Pearl at 20s to 20s 6d per cwt : privately at 13s to 17s
for low and middling, and better quality at 18s to 235. Sago
Flour at 20s to 21s per cwt. The demand is brisker for
Arrowroot ; Bermuda at 91d to is 4d ; St. Vincenta 7d to
10d, and Tapioca, 4id to s]id per lb.
Rust, BRANDY AND BotaassiDs.—For Jamaica Rum prices
are maintained. Leewarda. at 2s lid to 2s 2d per gallon,
proof. In Demerara there is no change. Calcutta Rum at
Is 10d per gallon, proof. For Brandy prices rule as follows •
—Cognac best brands of the vintage of IS3B, hhds 5s Bdr,
puns 5s 6d; ditto 1830, hhds 5s 6d. puns 5s 4d; ditto 1840,
hhds 5s 4d, puns 5s ; ditto 1841, hhds Si 3d, puns 5s ld ;
ditto 1842, hhds 562 d puns ss-, middling qualities of various
marks 3s 4d to 4s 6], and low 2s 9] to 3s 3d per gallon. Geneva
for shipping at Is 8d to is 9], fur fine in small parcels for
home use 2s 2d to 3s paid. English Corn Spirits at lOs 2d
per gallon cash. To-day West India Lunt was more in de-
mand : proof Leewards at 2s 2d ; Jamaica 30 to 34 per cent
overproof at 31 4d to 3s Bd, good Os 9d to 3s 11a, and supe-
rior 4s to 5s per gallon. For Calcutta Rum, proof strength,
Is 10,W per gallon paid. Fur. B-andy lower rates again ac-
cepted : Cognac, best brands of the vintage of 1842 selling at
4s lld and 5s Id per gaPen.
INDIGo.—The maket is firm fur East India, and the rates
previously established are sustaincd. Spanish is much wanted,
but the market is scantily supplied. New Bengal 4s 2d to
5s 6d:per lb paid.
Ons.—Cod Oil has sustained the former currency, small
parcels at 34/, but fur all other sorts of common Fish Oils
prices are still on the decline ; Southern sold at 281 to 291 15s
for good and tine qualify ; mile Seal is 33/ lOs to 34/, and
yellow and brown 281 to 321 per tun. Sperm at 72/ lOs to
74/ 15s, and at 771 5s to 78l 15s for Ileadmatter. Palm Oil
at 23s 3d to 27s 6d per cwt for common to line. Linseed Oil
firmer; 26s 98 to 27s per cut paid for large parcels on the
spot. Rape Oil at the previous csrrencv. Olive firm in price.
Gallipoli at 52/ lOs to 53/, Sicily 52/, Apanish 51/ to 511 10s,
and Barbary 501 to 50/ lOs per tun. Cocoa Nut 29s to 31s.
TALLOW.—Russian Tallow has been taken sparingly on
the spot, 40s to 40s 9(1 is the value of P. Y. Candle; there are
sellers for the last three months of the year at 42s per cwt.
North. American at 38s 3d to 40s; South American 34s 6d to
39s 6d, and Odessa Beef Tallow 39s Od to 40s per cwt. Town
Tallow is 40s to 40s 6,1 per cwt nett cash. To-day the mar-
ket was in a dull state for Russian Tallow, and for the last
three months of the year prices have declined to 41s 6d to 42s
per cwt.

LIGHTHOUSE FOR THE ISLAND
OF BERMUDA.

The cast-iron lighthouse for the Jamaica Lighthouse
Commissioners, which was constructed at Messrs.
Bramah and Robinson's manufactory three years ago,
and erected on the evt end of Jamaica a few months
afterwards, on the specification and under the imme-
diate superintendence of Alexander Gordon, C.E., has
given so much satisfactioa, that the Lords of her Ma-
jesty's Treasury were induced to contract with Mr.
Gordon for the construction of a similar lighthouse, but
on a still larger scale, for the top of Gibb's Hill, on the
main island of Bermuia, where numerous engineering
difficulties have hitherto prevents d the erection of a
lighthouse in masonry. The work has been several
weeks in progress, and may now be seen rising above the
houses near the Waterloo-bridge-road. The construc-
tors of the iron work Cottam for the tower,
and of the lantern, Messrs. Wilkins and Son, of Long
Acre.

The tower is conical, and the diameter at the base
24 feet, tapering to 15 feet at the narrowest part, near
the top, when it is spons,ned out for the gallery, on
which the lantern is to he placed. The total height,
from the base to the top of the lightning rod, will be
138 feet, and when erected on Gibb's Hill, Bermuda, will
ha 368 feet above the level of the sea. The lantern is
to be fitted with a lenticulattd apparatus of the first
order, on Fresncl's plan, and the light (a fixed one,
with bright flashes) will he visible all around the dan-
gerous reef of rocks to the northward and westward of
this valuable military and naval station in the Atlantic
Ocean.

The outside carcase of the tower is composed of 139
cast-iron plates. There are see en rooms, lighted by
port-holes and ports, fitted with plate glass. The rooms
are lined with wrought iron, panelled in oak frames, and
the ascent from the bottom to the top is by means of a
spiral staircase of iron with oak treads. The floors are
all of cast-iron, and there is in the centre a hollow
column, sixteen inches in diameter, for waste water-
pipes, and for the ascent and descent of whatever may
be required in the light-room and lantern, or for any of
the seven rooms, thus obviating the necessity of carrying
anything up or down the staircase.
The whole is constructed with a special view to the
resistance of those terrific hurricanes and thunder
storms so common in Bermuda, and some of the West Indiaislands. Being a perfect conductor of electricity,
no lightning can affect it; being also incombustible, it
cannot be destroyed by fire. Altogether, in short, it
gives the fairest promise of being another lasting monu-
ment of the engineering taltnt or the mother country.
Mr. Gordon's lighthotue at Jamaica we described at
the time of its temporary erection in this country, three
years ago. It has several times been struck by lightning,
but without sustaining the least injury.—Mechanics'
Magazine.

SAVINGS' BANKS.
TO THE EDITOR OF THE SUN.

Sin,—The Chancellor of the Exchequer proposes not to
alter the gross amount standing in the name of any indi-
vidual depositor, when the new law which is intended to be
passed, collies into operation. Here he is at fault. The 9th
George IV., c. 92, (passed 28th July, 1828), did not (though
it ought to have done) disturb the then existing amount
invested. Now, some of those amounts are great, and, if
interest is still to be paid upon them to their full amount, it
will be a continuance of serious loss to the country ; and,
that the public generally should suffer for private gain, is the
very reverse of what it ought to be. No depositor ought to
have more invested than 1001., and interest allowed up to
that amount. Persons who are enabled to invest more, are
not those for whom banks for savings were established.
There is another circumstance requiring rectification, i. e.,
the salaries of paid officers, which ought to be settled by a
definite rule. I know banks in the country where the salaries
are widely different iu proportion to the quantum of labour
performed (and have no doubt it is the case generally), some
being over-paid, and others otherwise. It is most desirable
to have competent individuals as paid officers, and their being
adequately compensated for the duties (which require uni-
form attention and care) they perform. For this purpose I
think a fair table might be settled applicable to every bank.
May 8, 1844. A TRUSTEE.

ILJNGERFORD AND LAMBETH SUSPEKSION BRIDGI3.

—The piers and buttresses and other necessary wor'cs
for the erection of this bridge, under the superintendence
the carrie iilto
of fir. H. Brunel, engineer of the Great Western Rail-
of brill?ex t e
,aY,..are just completed, and this important junction of
Lambeth with the west end of the metropolis will soon
effect, as the placing of the chains and
itself will he commenced in the early part
three months from bridge winWeek'brld it is confidently expected that the
pending chains, opened to the public in less than
mwttlat time. The iron work and sus-
upwards of 800 tons, aad
'cast by Messrs. Vslinfi.
i3,,ieCarce, and Vivian, at the Cop-
of forwardness at "Ni,eis;s:r
c.,„SmitL 5'
,Cornwall, are new in a state
wharf, Belvidere-
road, Lambeth, wher.•
construction, it has 1:e.:1 f:isnelnenee Of
suspending chains hefo.-.2 p1,.i„;,, necessary to join the
brIA in
their proper
position. The centre tip .n
,o.f Cle ,go win be
6.,
feet, with secondary ores of .31 feet on each side, mac.
big a total of 1,340. feet from shore to shorcs. The footway
will be 14 feet wide, the lower part of the centre hein-,
35 feet above the level of high water. The supporting
piers, which arc 60 feet al3o',•e tli, level of the roadway,
and 80 feet above the level o;" high water, will be en-
riched with castings in iron of a very massive descrip-
tion, besides the ornme!.tal additions. The approaches
from the Middlesex side wil: be frein Ifungerford market,
and those on tins Surrey biLI e near to Messrs. Godings,
the Lion Brewery. It is calculated that to persons re-
siding in various parts or fAmbe.h, by using this bridge,
a distance of nearly half a mile will be saved.

PRICES OF SHARES

DT CANALS, RAILWAYS, BANKS, ASSURANCE
AND OTHER COMPANIES' STOCK.

LONDON, TUESDAY, MAY 7.