The Sun.
London, England, 1845-01-03 00:00:00

THE BOMBAY MARKET.

(From the Chamber of Commerce Overland Price Current.)
BOMBAY, DEC. 2.—The celebration of the llewallee holi-
days during the early part of the past month, put a stop,
as usual, to all active commercial operations, and when busi-
ness about the loth ult. was again resumed, the dealers
evinced no inclination to make extensive purchases. Cer-
tain transactions—noticed more particularly below—exer-
cised a most prejudicial effect on the market for piece goods,
while twist, metals, and almost every description of imports,
were dull of sale, and with few exceptions declined in value.
Business has latterly been done to some extent, but prices
have not rallied, and still continue, generally speaking, ex•
tremely low. It is to be hoped, however, that as the depres-
sion, in the principal instances, has been owing to a temporary
cause, trade will soon exhibit a more promising aspect.
JAetals.—Transactions have been limited, and fresh impor-
tations having taken place, prices have in one or two cases
puttered still further reduction. 'We quote one small Sale of
sheathing copper at 52 rupees per cwt., but nothing else has
been done at so high a rate, and 49i rupees is now the best
price that can be obtained for the article. South American
has also been disposed of at 40 rupees, but 45 and 46 rupees
is the present rate. Tile, however, has improved in value,
481 rupees per cwt. having been refused for it. In iron,
British tar and nail rod are both lower than before. Quick-
silver has declined somewhat; but lead, steel, epelter, and tin
plates, remain without alteration. We subjoin a few sales :
Copper... ...... 90 cwt. sheathing
100 ditto
10i ditto - at 52
300 South American at 49
Iron .. 90 tons Swedish bar ...... at 48i per candy,
200 tons English bar ...... at 22
420 cwt. square nail rod... at 30
461 bundles sheet
300 cwt. hoop
Spelter 5OO cwt. at 15

Tin Plates ...100 boxes
Orsidue
We have also been apprised of sales of 3,064 cwt.
Iron.—Bar and bundle, at 24 rupees per candy, and 3,000
cwt. sheet (damaged) at 4/ rupees per cwt.
Cotton Manufactures.—Soon after the termination of the
holidays, and resumption of business, rumours gained ground
that a partial failure of, the grain crops had taken place in
Malwa, and that Calcutta piece goods, newly imported
there, were underselling those from Bombay; and it was
also stated that, owing to this state of affairs, orders which
had been sent here had bean withdrawn or greatly contracted
in extent. Influenced, it is supposed, by these reports, one
or two extensive holders forced their goods suddenly on the
market—a course which necessarily occasioned a consider-
able reduction in the prices of many fabrics, and which, had
not the major part of the importers kept firm, must have
been attended with even more serious effects. Grey Made-
pollams and long-cloths of fine qualities are at present in
fair demand, at about previous rates, but the low and mid-
dling descriptions are cheaper. Grey domestics have been
sold to a limited extent; but jaconets are quite neglected,
and sales of them to any amount
.are impracticable, even at
a serious reduction. All sorts of bleached goods are in very
limited demand, and hive declined in value: For Turkey
red-goods there has been some demand, and transactions in
them have taken place at fair, rates. Prints are in rather bet-
ter request, but the prices obtainable are still extremely low.
Yarns.—The market has been dull throughout the month,
and prices of most numbers, both of mule and water, have
given way, as will be perceived by a reference to our quota-
tions. Turkey red yarn has been sold at 1-6-3 at 1.9-0 rs.,
and we note a sale of orange so low as 10/ annas per lb.
Mule Twist, No 20 ... 10,400113. at 61 to 6/ as.
15,200 ... 6/
2,000 61
30 15,200 ..
38 ... 600 ... Si
,40 9,600 ... 8*
22,000
50 ... 12,300 10
6,400 ... 9/
- 60 ... 3,000 ... 12
70 ... 500 ... 14
Water Twist, N 0.20 ... 15,200 ... 61
2,400 ... 64
- 30 ... 15,200 ... 8
45,200 ...8
16,000 ... 8i
20 at 34 6,600 8/
Turkey Red Yarn ... 4,000 1 6 3 rs.
40 to 50 3,200 1 9 0
Orange ... 10,000 ... 010 6
Sewing thread ... 1,000 3 30 pr gross.
Woollens have been in moderate request, but lower rates
havo, nevertheless, been accepted by holders. A sale of
9861 yards, at 1-6-0 ra per yard, has been reported to us
for publication.

-

Marine Stores are still without demand, and prices, with
the exception of those of pitch and coal tar, which have
both receded, remain as they were at the date of our last
publication.
Cochineal is in request, and the market firm. We have
been informed of a sale of 3,0991 b. at 2irs. per lb., and 2-13 rs.
has, we hear, been since refused. _

Saffron is in better request than last mouth. The following
transactions have taken place :-
1 case at 28i rupees.
2401 b. at 23i to 24-i rupees.
Bottles retain last month's prices ; 300 gross of quarts have
been sold at 1i rs. per dozen, and 1,146 dozens of pints at
14 annas; 55i gross of the latter have 'also been disposed of,
at 13i annas.

Bee-T.—We have no transactions to record, and but little
can be done till the arrival of the October brew, the stocks
on hand being extremely small. We requote last month's
rates for all brands.
Spirits.—A sale of 28 hlids. of brandy at 21 rs. per gallon
has been reported; also one of 100 gallons of gin at 2 rs. 14
An. per gallon. Stocks continue light.
• EASTERN PRODUCE.
•

t

Cotton.—Prices have further given way since the depar-
ture of the last mail. Broach and Surat being 7 r®. to 9 re. ;
Dollera, Ir. to 2 ; Oomrawattee, 3 rs. to 5 ; Barsee, 5 rs.,
and Conspla, 3 rs, lower than before. We have been ap_
prised of pluohases of 1,000 bales of Broach at 81 re., and
300 hales of Surat at 821 rs. per candy. The unfavourable
state of both the English and China markets has produced
this reduction, and the nature of our latest advices from the

last-named quarter gives reason to expect a still nether de-
Cotlee,--,-Tbere is no alteration to notice in theprice sif any
variety,
Elephants' Teeth.—We repeat last month's quotations,
with the exception of that for large teeth, 140 maunds of
which have been purchased at rates varying from $7 re, to
88 per maund.
Opium—Has declined 'Very' caluiderably since our last, the
pogint price being only 1,175 rs. per chest, -while last
Mantilla ratios were 1,410 rs. to 1,420.

Pepper.—There is, still no bhutcoll in the market, and the
price of Malabar is a trifle lower than before.
Wool.—The high rate mentioned in our last is still main-
tained, and purchases have been made to some extent. A
considerable quantity was seized' in the 'early. part of the
month at the Custom-hduse, 'and On being put up to sale by
auction realised the highpices of 145 rs.,per candy:
. PiceightstuiVe risen sines our last, and may now be quoted
at 04 lOs, to London, and 31. 7s. 6d. to Liverpool. To China
the rate is r 9.15 to 16 per candy. Tenders were a few days
since invited for the convopance to England of her Iklajesty's
13th, Regiment;but the exigencies of the public ser \leo ren-
dering it necessary that the corps bhould remain for the pre-
sent in India; the vessets IrYlAt44 had tendered were left to seek
fithel• eipployvileni, This caused freights, which had mean-
whilp advaueed, to decline again to a trifling extent.
' MONEY MARKET.
There is no change whatever' to notice in the 'prices of the
different Government securities; which volq still be quoted
as under : •
• Five cynt. Loan of 1825-26 109 to 110 rs.
per. Vent, Loan of 1832-33. ... 105. 106
our per Cent. Loan of 1835-36 ... 99i-100
.Five per Cent. Loan of 1841-42 110 1111
}:,
.Pour per Cent. L9an4sfCllBlA42
N•G4it.3. 9W— IQQ'
Exchange on England has altere4 hilt 'little since our last,
the present rates
_tor- aloe' months' bilis, at Is. 9i-d. to
ls. go., and for 30 days' bill Is. 9id. to ls. 91(1. A few
tonsaetions in the former, however, have taken place at
10d. On. Calcutta exchan& is..at 991, and 9rl Madras
99 14 0 at 60 days' sight. •

•

it.txxal
•
The shares of tbe Tri.ointay 11414 have risen a little in va-
tll4.oaatit 'quotation being 53 per cent. premium.
area of the Bank of Western India are quoted at 43 per
cent.

•
BULLION.
Sovereigns, each , ni rupees.
. Bank of England notes, per
~,„,.)
11 to
WREIGIITS., • •
The current rates noted below, but there is not much cargo
offering either for Great Britain or China.
To London 3/. 101.
To Liverpool 7.s. 6d.
'
To Clyde ...... . ... ... . .
15 to 16 ra.
fp° jilitit,414).

- I
EXCHANGE&
'GlidC"it 6 InOnthe sight
itto, 30 days' sight , ~,,, , , ~„„„ I 18' 944. to 1/4 1°(1.
iiNtt4, 0 flay§l eight
.. , „ „„„„ Is. 90. to h. 94d.
!t q, AO clays' sight ,.• 1001 rupees.
14C1r4s, '6ll days' sight`. 991 do.
Ditto, at sight
c4nton,4lo days' sight....: ,

The'foto& at tie date n( the-lateat intelligence was esti-
matedat 154,000 bales. rrices Were qultetoininal.