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

EXCHANGE.

At the date of our last, and for some days subsequent, the rate
for good ten mouths' date bills on England was Is. 10;d. to
Is. 101 d. per rupee, and it even seemed inclined to advance further
but, as the time for preparing remittances for the present oppor.
tunity approached, it again declined, we having heard of extensive
operations at Is. 10-id., and, although at this figure there are, we
believe, at present more drawers than buyers, we do not see any
reason to look for a material advance as long as the Government
rate is Is. 10d.

MONEY MARKET.

No alteration whatever has taken place under this head, and,
notwithstanding that the greater portion of the opium purchased

at the Government sales has been taken delivery of, Government
Securities have not (as is frequently the case) declined in value,
being still firmly held at our quotations.
Current Value of Government Securities, Bank Stock, Ac.—
Transfer, Five per Cent., 21 r. Ba. to 22r. pm. ; second ditto, ac-
cording to No., 4r. Ba. to 7r. Ba. pm.; third ditto, 7r. to 7r. Ba.
pm.; new ditto, 9r. 12a. to 10r. pm.; Sicca Rupees, Four per Cent.,
I2a. to Ir. dis. ; Company's Rupees, ditto, Ba. to 12a. dis. ; Bank
of Bengal Shares, Company's Rupees 4,000 each pm., 2,750 to
2,755 ; Union Bank ditto, 1,000 each pm., 255 to 260; Agra
Bank ditto, 500 each pm., 275 to 280.
(From the Chamber of Commerce, Overland Price Current.)

BOMBAY, Mancn 1, 1845.—The business done in imports during
the past month has been of the most limited description, and our
market has, with few exceptions, exhibited greater dullness and is.
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 advances on produce 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, wiib 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 dateof 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 Bom-
b.), Chamber of Commerce has already held a meeting on the sub-
ject, and resolved to memorialise the Legislative Council wish a
view to the attainment of this end. Copies of their petitions, we
tha nro.ent •i...
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 Manufactures--With the exception of the finer kinds of
36 at 40. inch gray shirting:, and 33 at 36. inch gray Madapollarns,
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 bear of no sales in
coloured yarns. Turkey red 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 li 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
t nrcmunerating.

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 unsaleable.

Spirits—We are informed of a sale early in the month of 2,500
gallons of common spirits, I 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-270 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); i um, per clipper

:?/. 15s. to 31.