The Sun.
London, England, 1842-11-29 00:00:00

MARKET INTELLIGENCE.

k From the London New P►ice Current of November 29.)
SCGAR.—To-day buyers of British Plantation Sugar
came forward more freely, and merchants manifested
firmness ; a fair demand prevailed for both yellow and
strong grey descriptions, which brought full rates.
Brown kinds sustained the former currency, and met
with more attention. The private purchases amounted
to 350 hlnls and tres, and the market closed with deci-
dedly a more healthy appearance ; of the finest yellow
sorts the supply is not ample for the wants of the trade.
. This afternoon a public sale of 100 hhds 1 tre Barba-
does Sugar went off with fair spirit, at an advance on
former rates of 6d per cwt for fine ykllow, and ai full
prices for all other descriptions ; fine yellow fetched 68s
to GBs 6d, good 65s 6d to 67s 6d, middling 62s 6d to 655,
and low greyish GOs per cwt.
REFINED.—To-day Refined Sugar was in excellent
demand for home consumption at further improved
prices. Standard Lumps selling at 74s 6d to 755. Brown
Grocery 73s to 745, and Brown Melting Lumps 71s to
72s per cwt. Treacle was taken more freely. Bastards
and Pieces in good request, the former at 46s to 595, and
the latter at 60s to 70s. Bonded Crushed Sugar sells
freely at 25s 6d for the best, and the market is firm. In
other articles there is no variation.

MAURITIUS.—There has been no public sale of this
description of Sugar ; privately yellow descriptions have
been sought after, and the few parcels offering have found
ready purchasers at stiffer rates. This afternoon several
inquiries existed, and 108 bags at public sale were sold
at 51s 6d to' 52s for common Brown, being the full value.
EAsTINDIA.—This afternoon the trade were ready
purchasers of Bengal Sugar, and 5,401 bags at public
sale were all sold at full rates, exceptingfor common
kinds, which went rather lower; fine white fetched 69s 6d,
good 67s 6d, mid date kind 64s to 65, low 6ls ed to
63s 6d, good yellow 63s to G3s 6d, mid 60s to 62s Gd, low
583 6d per cwt.
FOREIGN.—Prices have further advanced for nearly
all descriptions, and an increased desire has been shown
to purchase. To-day both Bahia and yellow Havannah
Sugar were wanted, but the smallness of the supply
tended to operate against business ; 26s Gd to 22s Gd
paid for some parcels of low to fine yellow Havannah.
There was no public sale, and the market closed very
firmly.
MoLAssEs.—The common descriptions of West India
are dull of sale, and rather cheaper, but fine sorts are
firm in price ; fine Antigua 30s to 31s, 28s 6d for good
St. Vincents, 25s ed for common, and 25s for St. Lucia.
Bengal Syrup at 25s to 26s 6d. Foreign Molasses at 6s
9d to 7s 6d. Honey at 28s to 70s for common to fine
quality ; Tousles Alois at 7d to 1 Id per lb.
RUM, BRANDY, AND HOLLANDS.—There has been a
brisk demand for Brandy, and prices have again ad-
vanced—Cognac best brands, of the vintage of 1839, at
4s 7d for hhds, and puns 4s 5d ; 1840, hhds 4s 4d, puns
4s 2d ; 1841, lihds 4s, puns 3s 10d, and very low marks
at 2s to 2s 4d. We report a firm market for all sorts of
West India Rum—Jamaica, 28 to 32 per cent over proof
mid quality at 2s lod to 3s 2d, 34 to 36 over good mid
3s 8d to 3s lld, 34 to 36 over good 4s to 4s 2d, and fine
4s 3d to 4s 7d. Leewards at is 9d for common proof,
and at is 10d for good. Demerara at 2s 10d to 3s for
28 to 30 per cent over proof, but East India Rum is dull
of sale ; proof with certificate at is 3d to is 7d, and
without at Is 2d to is 2id per gallon. Geneva at Is 8d
8 pereegallon,
and s
to is 9d for common, and tine at 2s 6d to 2s Bd. Eng-
lish Corn Spirits a
full hr.ates have been
COFFEE.—'there has been more disposition shown to
purchase West India
s Co d
paid privately for clean descriptions ; of middling and
good middling the supply is unusually small. Mocha
has been in fair request at the former currency.
This afternoon Coffee was in good request by the
Home Trade, and holders supplied the market sparingly,
only 16 casks Demerara and 397 bags of St. Domingo
were offered at auction, the former went at 84s for
low mid, 67s for good ord, and 50s to 55s 6d for ord
and good ord, the latter realised 32s for good ord, being
full rates for both. By private contract parcels of good
and real good ord Ceylon were sold at 63s to 64s ; Padang
common 295, and Sumatra ord to gcod 25s to 27s per cwt.
TEA.—To-day merchants submitted to a further re-
duction in price, making the fall as compared with the
rates of the last public auctions of 2d to 3d for Hyson and
Young Hyson, 2d for Imperial and Gunpowder, 2d fur
Pouchong, and ld to lid per lb for Congou, tempted the
trade to come forward more freely, still a heaviness per-
vaded the sales, the trade being disposed to purchase
only sufficient for their immediate want: of either Black
or Green Tea, and prices are still unsettled, no Twankey
or Common Congou yet disposed of. Of the total quan-
tity passed the chair amounting to 28,000 packages, only
7,000 have been actually sold. Imperial. good ord coa to but
mid ra coa sold at 2s to 2s lid, but mid ra coa ra str 2s 4d to
23 44d ; Gunpowder, but mid ra str bnt 2s 6d ; Hyson,
mid good 4s 3d to 4s 3id, but mid coa bnt ra str 2s to
2s lid, ditto ra str but 2s 2id to 2s 4d ; but mid to mid
ra str bnt 2s .53d to 2s 54d ; Congou, mid blksh if str
Pek fla 2s 3P to 2s 34 ; Young Hyson 2s to 2s 10P ;
Pouchong 6d to Is 4d.
RlCE.—This afternoon several inquiries existed for
Bengal Rice, and stiller prices were paid. Sales pri-
vately of middling white made lls 6d, common lls per
cwt. The stock continues on the decrease. _ _

FRUlT.—lmporters of Currants have again submitted
to lower prices. All other sorts of Fruit have been in
excellent request.
The public sales of Oranges have gone off briskly ;
Fayal in large boxes fetching 23s to 23s 6d, and in small
boxes 15s to 15s 6d.

INDIGO.—The market is in a healthy state for East
India Indigo, prices continue on the advance ; buyers
anxious to increase their stocks, and merchants supply
the market reluctantly.
TALLOW—The market has been in a tranquil state for
Russia Tallow since Thursday :est,
and importers have
submitted to a reduction of 3d to 6d per cwt. : on the
spot 47s 9d to 48s have been accepted for new P.Y.
Bandle from the warehouses, and 47s 6d a 47s 9d frOm
the scale. For delivery, 47s Od up to the end of the end
of the year, and 48s 3d for spring months. At auction,
Yellow Candle went at 47s for old, and 47s 6d to 47s 9d
for new. South American has sustained the former cur-
rency. Ibrial at 45s to 48s per cwt. Town Tallow at
48s Gd to 495, net cash.
UiLs.—Linseed Oil at 31s 9d to 325, for delivery at
31s 3d to 31s 6d. Rape, brown at 41s to 41s 6d, and pale
42s to 42s 6d per cwt. Palm, best at 33s to 33s 6d, mid to
good 30s to 325 Gd, and common 29s 6d to 30s per cwt.
Cocoa Nut Oil is in request. Ceylon at 39s to 40, for good
quality. Olive at 531 to 54/ for Gallipoli, 501 to
51/ fur Spanish, and 49/ to 49/ lOs for Barbary. Pale
Seal of first sorts 401 lOs to 41/. Cod 331 lOs to
34/. Southern good to fine 381 lOs to 411 10s, and low
to mid 351 lOs ,o 38/. Brown, Yellow, and Straw Seal at
361 to 39/10s. Sperm Oil of British Fishery at 76/ to
801 5s for common to fine quality. America taken in at
761 to 761103 per tun.
This afternoon Newfoundland and Cod Oil at 321 lOs
to 33/ 53 ; fine Newfoundland whale, 341 to 411; pale
straw and brown Seal, 341 to 38/ lOs per tun.

(For the remainder of :the Markets, see the Third Page.)

REPEAL OF THE INCOME•TAX.

_
The provincial journals have commenced an appeal,
which we trust the Liberal Press throughout the
country, backed by petitions to the House of Com-
mons, will continue to urge upon Sir Robert Peel, for
the removal of this now unnecessary impost, until it is
abandoned.
following The Durham County Herald has the
"One
of the mast obvious and immediate advan-
tages of the treaty of peace which Sir Henry Patin-
, ger has arranged; i 3 the vast amount of money which
will be brought during the next three years into
the national treasury. The primary reason alleged
by Sir Robert Peel in his speech on the 1 lth of
March, for the imposition of the Income-tax, "was
the heavy
which be estimated for 1842-43 at
expenditure on account of the China
expedition,
not less than 1,500,0001. If only on the
ground that the heavy drain on the treasury to
meet the expenses of this war will be stopped, the na-
tion may indeed rejoice at peace being restored in the
East ; and since 21,000,000 of dollars are destined to
fall into the lan of the Government, let the people not
only hear, but also feel, the felicitous effects of the
grateful intelligence, by the immediate abrogation of
the income Tax—a tax so odious, so abhorrent, so de-
spotic and inquisitorial, as must render it alike the
policy and happiness of a great minister to repeal it
instanter, at a moment so propitious.
"In order, however, to aid Sir Robert Peel in so
praiseworthy an object, we would urge upon the in-
habitants of this and every other town in England
and Scotland to petition Parliament for its abroga.