The Sun.
London, England, 1845-02-28 00:00:00

COI.ONIAL.

SUGAR—The market has been rather unsteady, but active
this week, though it opened tolerably firm for British Plan-
tation on Tuesday. The sales of this quality up to last
evening were not above 500 hhds and trcs, all by pri-
vate sale.

REFLNED has been rather neglected at 71s to 72s per cwt.
EAST INmA.-4,257 bags Bengal, only partly sold, in
some instances at 6d to is advance, low to fine white at
61s 6d to 665, good strong sound yellow, at 595, and damp
and washed at 55s to 66s 6d, the rest being taken in at 55s to
66s 6d for damp and washed ; 14,156 bags, 298 casks
Mauritius only partly sold, at 59s to 64s 6d for good and
fine yellow, at 52s 6d to 583 6d for low and middling,
at 51s to 63s for washed, and at 55s to 59s for mid to good
grey ; 481 bags Madras, duty paid, were partly sold at 48s to
50s for sound brown.

FOREIGN.-283 hhds 233 barrels Cuba Muscovado were
taken in at 19s to 22s for low to fine yellow, and 138 barrels
Porto Rico partly sold at 20s to 23s for low to good yellow.
79 cases Bahia were taken in at 19s to 23s 6d for sound, but
170 chests sold at 22s 6d for mid white, and 300 chests at
18s 6d for good brown, and 22s 6d for white; 2,000 bags
Manilla, being a cargo afloat, sold at 18s 6d to 19s 6d, and
Havannah has been taken in at 21s to 21s 6d for mid and
good mid.

COFFEE.—British Plantation has bees dull; and 93 casks
27 barrels put up by auction only partly sold at 47s to 75s
per cwt for Berbice. There have been several private pur-
chases of Ceylon, but on rather lower terms, :and 1,763 bags
at auction did not go higher than 46s 6d to 47s for good ord
pale, and 47a to 47s 6d for very good ord ; 277 bags Mysore at
4d duty only about half sold at 53s to 55s 6d for good ord
pale yellowish, the rest being taken in at 44s to 455. 8,697
bags Singapore Java were mostly taken in at 42s to 45s for
sound fine ord yellow, and at 31s to 33s for fair ord. The
damaged sold at full rates : 769 bags Costa Rico. sold at 45s
to 53s 6d, and 2,909 bags Rio were taken in at 30s for good
ord colory. _

Cocoa.—West India has not been much wanted ; 605 bags
58 barrels Trinidad partly sold at 39s to 45s 6d per cwt.
SPICES.-1,766 bags Pimento sold at 2id to 3d per lb, and
some Malabar Pepper at 3d to 3id per lb.
RICE.-352 bags Bengal sold at 11s for good mid white,
and at lOs 6d to Ils for mid.

SALTPETRE.—BraziI has been sold at 24s 6d to 27s 6d for
to 2i refraction, accordingly to quality.
Rtm.—There has been very little inquiry.
CorroN.-9,200 bags Madras only partly sold, Tinevelly
at 3kd, and Western at 20 to 21Id per lb, and 4,700 bags
Surat brought for about half, 2kd to 3d for ord to mia fair.
TEA. —Congou has been rather cheaper ; in Twankay a
good deal has been doing, and Hyson is rather scarce.
TALLow.—P. Y. C. has been steady at about 39s 6d per
cwt on the spot.

EAST INDIA HOUSE.-THIS DAY

SUGAR DUTIES.

A Special Court of Proprietors was held this day, at the
East India House, having been convened for the purpose of
petitioning Parliament against the proposed distinctive duty
upon sugar.
Mr. SHEPPARD, Chairman of the Board of Directors,
opened the business of the Court, at twelve o'clock, by
stating that the Court had been specially summoned, accord-
ing to one of the bye-laws, to express to Parliament, by
petition, the disappointment and regret of the Proprietors, at
that part of the proposed alteration of the sugar duties which
would impose 2s. 4d. per cwt. upon cloyed or white sugars,
an import that would seriously affect East India produce.
Ihe Board of Directors had communicated with Lord Ripon
upon the subject, but although they received every courtesy
at the hands of the Noble Earl, their remonstrance was in-
effectual.—(Hear.) A petition, which would presently be
read to the Court, had been prepared, and would be presented
to the House of Commons by an Hon. Director, W. Astell,
Esq.—( Hear.) He might also take that opportunity of men-
tioning that his Hon. Friend, the Member for Beverley, had
given notice of a motion on the subject. The Hon. Chair-
man then called on the secretary to read the correspondence
with the Earl of Ripon.
The correspondence having been read,
The CHAIRMAN said he was sure that the Government were
not aware of the injustice which the proposed tax would do
to India.—(Hear, hear.) Her Majesty's Ministers could not
be forgetful that England owed much to India.—(Hear,
hear.) India paid an annual tribute of three millions ster-
ling to the mother country, and was constantly pouring into
the lap of England a stream of wealth, in the shape of
private fortunes.—(Hear, hear.) The effect of the
duty upon clawed or white sugars would be felt but
lightly in the West Indies, compared to the injuries
it would do to the East.—(Hear, hear.) He trusted that,
when the real state of the case was known to the Legislature,
gratitude, justice, and liberality would induce them to deal
generously with the loyal, industrious, and peaceful people of
India.—(Hear, hear.) He moved that the petition which
the secretary would now read, be adopted by the Court, and
be presented to the House of Commons by W. Astell, Esq
The SECRETARY read the petition, the purport of which
was embodied in the Chairman's address.

Sir H. Wits.ccic seconded the motion, which, after a
few words from Mr. Fielder and Mr. Weeding,in commenda-
tion of the course pursued on this occasion by the Board, was
carried unanimously.
Mr. ASTELL said he7should have greatbleasure in present-
ing the petition and in supporting the motion of his Hon.
Friend the Member for Beverley.—(Hear.) He agreed with
the Hon. Chairman that England owed much to India,
which was constantly and steadily contributing to the wealth
of the British empire in Europe. There was scarcely a village in
England, Ireland, and Scotland, that did not feel in some
way the value of our Indian possessions, or that was not
adorned by the residence, and benefited by the liberality of
some retired East Indian.—( Hear, hear.)
Mr. TWINING said that the request contained in the peti-
tion was so reasonable, that he could not doubt it would be
attended to; and be hoped that at the next meeting the
Chairman would have to announce their success.—(Hear.)
The Court was then dissolved.

SUMMARaY OF BANKS OF ISSUE.
(From the Bankers' Circular.)
On comparing the Returns for the past month with the total
" Fixed Issues" of the several Banks, we find the following is the
result:-
199 Private Banks allowed to issue •• • • • • • • • • • • £5,011,097
71 Joint•stock Banks allowed to issue ••• • • • • • 3,477,321

£8,488,418
It appears that the following is the state of their circulation :

The Private Banks are below their fixed issue .. .. £434,202
The Joint-stock Banks are below their fixed issue.. 342,470

Total below the fixed issue • • •• • • • • £776,672
Several of the Banks appear to have found it difficult to comply
with the requisition of the recent Act, which obliges them to furnish
the returns of their circulation to the Stamp-office every week, as
directed by the Commissioners, for publication in the Gazettes, under
a penalty of 1001. During the past month three banks have omitted
to send the returns in time, and they were obliged to be published as
Supplements in succeeding Gazettes. In the course of the previous
month there were also three banks which subjected themselves to the
penalty. It is curious, that all the banks which have thus failed to
comply with the Act are private banks.