The Express.
London, England, 1848-04-21 00:00:00

OVERLAND INDIA MAIL,

The Overland Mail has arrived, with dates from
Bombay to the 15th, and Calcutta to the 7th March.
The following is from the summary of the Bombay
Times of 7th March :
The Governor returned from Senile on the 3rd inst.
Lord Falkland is expected to arrive about the 28th of
April. Sir T. Turtoa has resigned the office of ecclesiastical
registrar to the Supreme Court, of Calcutta, the emolu-
ments of which have hitherto been betwixt 6,0001.
and 18,0001. I-year. The ecclesiastical registrar and
his assistant, not content with their emoluments,
have embarked in trade with the money entrusted to their
care, and lost very severely by the Union Bank. fhe
defalcations are said to exceed 150.000/. When
ci-
meted by the Chief Justice to produce their books, and
exhibit the government paper in which the money was
said to be invested, paper was borrowed from a native mer-
chant and exhibited as that belonging to the registrar.
It was immediately lodged by Sir Lawrence Peel in the
treasury, when the fact just stated became known by the
party from whom it was borrowed making application
for his own. The sytern of borrowing paper from the Union
Bank, for the purpose of deceit, seems to have been a regular
branch of business. Mr. Sandes, a barrister, has accepted
the appointment resigned by Sir T. Turton, on
a salary of '2,500/, pet annum. Profound tran-
quillity remains throughout the Punjaub. Sir Frederick
Currie das expected at Lahore about the 7ils of March, when
Juce . John Lawren would take his departure for the
llundhur Doab. We this season will receive 320,0001.
land revenue, and 60,0001. of :customs, from our
new territory, or 380,000 in all, though our
exactions are less by a third than were those of our pre-
decessors. The revenue survey of the Punjaub was advanc-
ing rapidly that of the lanes on the river's banks, yield-
ing about 'half a million a year, had been completed;
and the whole would, it was hoped, be S, fished by May or
June. The turbulence in the hill-frontier provinces was
in a great measure sabilued.
Lettv. from the Niz no's dominions irfi.rm us that nit
highness had declined sexing General Proses when ab iut to
leave the capital, and the Resident expressed no
wish for the observance of the customary civilities.
The letter or kureeta of Lord Dalhousie was simply sent to
his highness by messenger: its contents were unknowa
—in all likelihood a fi w empty compliments. National
affairs continued pretty much in the usual state. Com-
plsints are loud and general of the ildtreatment
received by British merchants at Asa at the hands
of the king. Sir 11. Blackwood quitted Moulmein on
the 21st ult., to rejoin the Fox at Amherst. He is
said to have spoken favourably of that port as a site for a
dockyard. Tranquillity generilly prevails throughout India.
Trade continues dun, though somewhat less so than for
rly, and the scarcity of money very great indeed.

COMMERCIAL. I t
Boren tT, March It —During the greater part of the part fortnight 1 ;
the tightness in the money niarket, n
eon[metioned in our last report,
and the distrust consequent thereon, inued to prevail, and zt
the transactimis in moot kinde if imports were on a moat s
limited are h• Since the commencement of Ons week,
ever, we are happy to br able to state that a better tone has prevailed, t
andr,
a pretty general feeling seems to exist that we have got over the 4
Omanwad may now confidently look forward to a rrrival in is
eo as the native holidays, which will commence in two or three
day., end continue for about a week, are brought to a close.. In LA. i .
eutta, too, we ~re glut to perceive that • considerably better feeling I •
perverted at the dte of our last adrims in the market for imports. 1 .
Com bs Flora a
Goons. Thee tranroctions for the past fortnight,
I though limited, arc not more. than this. of the prerious one, while
the inquiry then stated to prevail for some qnalitiee of low grey goods, ',
such . marlopollame, jacconets, and 40-inch ehlrtings, stilt continues, I
and all are scorer. In bleached good., too, a fair inquiry exists for I
shirting and jacconets of low quality, and an advance on previon est.us rates,-
for the former, of from two to four ann. per piece, has bee
based.
to the few arrivals since the date of our
laid report, added to the desire manifested by native holders mI
FBRIOWTS.—Owing
chip cotton under the government advance, freights for Liverpool
gradually roes from C. Ss. to 41. 12a. 6d. at which rate engage-
ments were entered into •previoth to tlie arrival of the last
mail. The very favourable accounts received of the cotton
market in England caused a further imp..., and 51. has been paid.
For London we quote 41. 155.•, end China, 19 rs. per candy, at which
rate engagements have bees made.
of money,
Excioaura—Owinu to the ecarcityand advance has
taken place, and Bank paper at a months' sight has been negociatrd
at le. lOW. to la lOid. ; while for private bills with chipping
documents, is. lid. to 1I e. t lid. may be considered the ate. On Cal.
cults, Bank of Bengal post hills have been negotiated at par: our
quotation for SO days' sight Bonk paper is 1191ra On China, for 60
days' sight, 20dra per lOC dol.
Caxcepra.—Our budget is rather fuller than it has been
for sometime past, though not much more interesting in the complesion
of intelligence it contains. Tire Bombay express arrived in town on ,
Sunday. the Sth, at ten a.m. The improved commercial prospects,
alight ~,, the auehotheieh has bee.);,, will caret emm.sponding influence
but the intervention of hol:SaYs Fre.enle, the deirlw ben*
here,
amerced before the mail quits. To ago the mercantile community
the benefit derivable from the eteamei's ambl
erel in the river, 11l
express after-packet will be despatcher., hon the 9th.
The MONKT MARKET continues in mast tire same state as we wrote
last ; the terms on which loans are transected area shade mare
favourable, but the security taken coatintiee to be et the most tangible
character, and of a value leering large =vein for errors of up-
pralsement. In exports there hea been • fair demand
for staples, to be sent hermits remittanem ins...ele,l of opeculatioas
especially ealtpetre. Sugar and Indigo are lees inqn.ued now; rice
in much the eame state, and silk too hWily pelted to permit extensive
operations. The import market tmprosing, cotton piene goods lading