The Express.
London, England, 1855-08-30 00:00:00

COMMERCIAL INTELLIGENCE.

BOMBAY, JULY 29.

The overland mei' of the 28th Jon., per Peninsular and
Oriental steamer Pottinger, reached Smithey on the morning
of the 2let July, the passage having been one of the most
repid on record, occupying only twenty-four days and seven
hours in transit. Since the despatch of the last mail very
little rain has fallen at the presidency itself, but the accounts
Qom the interior are encouraging. Our money market
during the fortnight has become • alit', and the banks base
reduced their rates of interest I per cent., with the prospect
of a further fell so le. Transactions in government and
other securities have been limited, and prices generally
have given away.
?teetotal to the arrival of the mail the demand for goods
noticed in our lint repot t continued active, and transactions
to a considerable extent were negociated ; the home tidings,
however, of the falling off both in cotton and piece goods
cattaid a great change in our markets, and offer., at very
much lower figurve,benan to be made by the dealers, which,
although at first refused, were eventually accepted, and the
salea have been ezteneive, but almost on every desenption
of frsode at lower rates than last quoted.
GRIT MADAPOLLANS AND GAIT T CLOTHS have been
largely purchased, at advanced prices.
GREY LONG CLOTHS have improved in value, and are
exciting attention. Two mesas per piece more has been
obtained for them than was procurable a few months ago.
ORZY Butirrthote—Considerable sales have taken plane,
but at somewhat . educed prices.
Glitzy Jaccorears.—Stocks are low, and although up•
wards of 10,000 pietas have bean sold, they have not fetched
the prices that lately ruled. There is no demand tot the
lowest quality.
GANT CANBIRICS, PAINTERS, AND MULLS, have not been'
much sought for. Rama transactions, however, have taken
place in allot them.
BLIACHID Goons are not in such active demand as grey,
and no u.sterial ch cgs has taken plate in them. Shirting,
in general are dull; dimities heels improved in valve—but
jacocnets and mull. ere not much inejuired after.
COLOURSD GOODS. Although several transactions
have been effected in various descriptions of these goods,
still they are not in 'Reproved demand, and only fetch low
prices.
YARNS fetch full price, and are in great demand, bet the
salts have been limited, holders locking for advanced prices.
EXPORTS—COTTON WOOL.—Witla the exception of this
staple, there is another produce now in the market, and the
supply is limited. Broach and Burst maintain former
pricer, Dbollerah his 'min taken up at Rs. 6.5 per candy.
FillilOliTel have declined to 3/. 2a. 64. to 3l 6.. to Liver.
pool, and 31. 61.,:10 31. 102. to London, with every prospect

*.of a Mill forth P IJI al4e., owing to the repeat arrival of
myseal ships, and tVis 'Short supply of produce for shipment.
Nothing is duiog with China.
Excwatioa on Bmglend daring the fortnight has ruled
coneklarably lower titell reported in oar last, and the busi-
ness done may be quoted as follows :-24. ltd. to 2s. lid.
for China, sod first ekes &NOM, and 2s. ljd. to 2e. lid. for
documents. On Calcutta ee quote Its. lull at sight, and
Ra.lBo3sit 80 days' lights On Madras Re. loot at 30 days
sight, and on Chins Rs. 224 at 60 days' sight.

CALCUTTA, JULY 17.

The steamer with letters from London of the 9th of June
L nuly just in the river, and letters from Bombay just to
hand have not bad time to produce an (Get ; business
meanwhile is at a stand, the telegraphic advices having been
merely political .
Oar produce market bas not p Hy shown much
activity during the put fortnight. Business has been prin-
eipslly in sager, rice, seeds, and latterly saltpetre has re-
carved rather more attention.

The government sale of opium,
_held ea the 9th inst.,
resulted very favourably u compared with previous sales.
The increased price obtained, notwithstanding the unfa-
vourable accounts jut previously received from China, is to
be attributed to reports very prevalent that there will be
a very considerable decrease in the quantity to be brought
forward next year ; in the first place, arising from a lessened
I production ; and secondly, from a portion of the new crop
being, it is supposed, required to make good the deficiency
in the parcels lately summed in town and returned for re-
' peeking at the agency above.
Oar piece goods market has been is an unsettled state
during the lest fortnight. Under the influence of the report
of an extensive rise at home in cotton, holders had made a
stand for as advance, and although the rise quoted proved
to be from the lowest point, the actual addition to the cost of
goods at home gave hopes (notwithstanding the heavy ship
meets which had continued up to the latest date) of an
advance on this side being obtained. The news from Bois-
bay of an improved value of all cloths, and the tact of a
large diminution of the supplies of cottons to that Presi-
dency, it was thought, would help us in our trade with the
upper provinces, whence the accounts generally ere good,
but as yet we have not bad that active demand usually
looked for at this season. Twist °corium to maintain good
petition with improving prices; and metals generally are
also doieg fairly.
Oar money market remains without the slightest im-
provement. In exchange the operations for this mail have
been very trifling indeed. At present, last mail's quota-
tions can only be repeated, say 2-11 to for first *lass
credits, and to above for document but, six months'
eight, with no demand, and isle difficult to effect.