The Sun.
London, England, 1842-10-28 00:00:00

PRICE OF SUGAR.

EFFECTS OF MONOPOLY.
LONDON, OCT. 28, 1842.
The following average prices of Bro►vn or Musco-
vado British Sugars, exclusive of duty, will be pub-
liShed in the Gazette of this evening :

_
s. d.
West India 34 8 per cwt.
East India 35 ii
Mauritius 29 10

The total average price of the three descriptions is
345. 2 jd. per cwt,
The actual weights of Sugar sold on account of the
importers, in the week ending the 25th inst., accord-
ing to the returns made upon oath by the Sugar bro-
kers, in compliance with the Act of Parliament, and
on which weights the above prices are computed, con.
sisted of 27,272 cwt. West India, 7,669 cwt. East
India, and 13,625 cwt. Mauritius.
About 500 cwt. of dark unsound Mauritius, 350
cwt., same quality, of East India Sugars, sold in the
same week.

The total quantity of Sugar bought by the public
in this market, in the week above mentioned, was
48,566 cwt., amounting to about 84,000/. ; the con-
sumers might have bought 48,566 cwt. of foreign
Sugar, of better quality, at 17s. per cwt., amounting
to 41,2001. They have, therefore, paid the monopo-
lists, over and above the real value of the Sugar, no
less a sum than 43,8001.; and when the sales at Liver-
pool, Bristol, and Glasgow are taken into the com-
putation, nearly double that money. Can the Go-
vernment or any body else be surprised, after this
statement, at a defalcation in the Sugar duties ? Last
quarter the amount of these duties fell off nearly
200,000/. ; the commencement of the present quarter
promises no better result.

LONDON CORN•EXCHANGE COM-

PAN Y.

The General Half-yearly Meeting of the Share-
holders of this CoMpany was held yesterday in the
Subscription-rooms of the undertaking in Mark-lane,
for the purpose of receiving the Report of the Direc-
tors and considering a dividend.
BAY, Esq., in the absence of the Chairman, was
called to the Chair, and the advertisement calling the
meeting having been read by the Secretary, the Re-
port of the Directors was submitted to the meeting
for its approbation. From that Report it appeared that
the affairs of the Company had proceeded in their
usual even course, presenting no variation calling for
any particular observation. There was a trivial de-
crease in the funds of the Company, arising from the
relinquishment by parties of two stands in the market,
but the Directors looked upon that circumstance as
accidental, and not as evidencing a falling off of the
general demand for accommodation in the Corn-
market. Looking at the balance sheet the Directors
felt themselves warranted in declaring a dividend for
the next half-year of 255. per share per annum, free of
the income tax of 7d. in the pound ; and from the ac-
counts of receipts and disbursements, it appeared there
was a balance of 4861. 7s. 7d. now in hand.
The CHAIRMAN observed that the balance was 2001.
less than the last half-year, but that was attributable
to the fact of the greater portion of the subscriptions
being paid in the early part of the year.
A resolution in favour of the Report and dividend
having been unanimously carried, thanks were voted
to the Chairman and Directors, and the meeting
separated.

We understand that the purchase-money of the
Cowdray estate, which has b 'en recently bought by
the Earl of Fgmonf-, was tipwr.rds of 300,000'., in-
stead of 68,0001., as stated in oAr last paper.—Brighton
Gazette,