The Sun.
London, England, 1855-03-02 00:00:00

MADRAS.

THE Loss OF A NATIVE VESSEL.--The schooner Stree
Vencatannarrainsawmy, No. 82, Syrang Thatia, was
riding at anchor in the roadstead with a general cargo.
It was stated that the vessel was making much water,
and she could not ride in safety ; the lascars therefore
cut her cable, and run the vessel ashore at daylight yes-
terday morning. In doing so she unfortunately got foul
of the wreck •f the Serampore ; when the master atten-
dant's boats, Cattamarans, put off, and brought the
whole of the crew ashore. The vessel immediately after-
wards was dashed to pieces.—Spectator, Jan. 24.
COURT-MARTIAL.—The following is the result of one of
the recent courts-martial in the Fort :
GENERAL ORDER.

Head-quarters, Mad rag, Jan. 23.

At a general court martial holden at Fort St. George
on Tuesday, the 16th day of January, 1855, Lieut.
Richard Grace, her Majesty's 43d Light Infantry, placed
in arrest by order of his Excellency the Commander-in-
Chief, on the complaint of Lieut. Robert Edward Roe,
of the 12th Royal Lancers, was arraigned upon the fol-
lowing charge :
" For conduct unbecoming the character of an officer
and a gentleman, and to the prejudice of good order and
military discipline, in having at sea, on board the ship
Clive, on the 15th of November, 1854, when in command
of a detachment of troops, been drunk and disorderly in
his conduct, in presence of the trooLxa and the officers on
board the said ship.
(Signed) "T. S. PRATT, Colonel, Deputy
Adjutant General of her Majesty's Forces.
" Fort St. George, Madras, Jan.. 6, 1855."
Upon which charge the court c;Lme to the following
decision :
The Court found the prisoner E pillty, and sentenced
him to be placel at the bottom of the list of lieutenants
in her Majesty's 43d Light Infat itry, the regiment to
which he belongs, and further t o be severely repri-
manded.

CALCUTTA..
(From, the Overland Bengal 11 urlearu, Jan. 22.)
Calcutta for the last ten days h: beeu musical mad,

Judging from the course pursued by the English
and American autlicrit!es, both civil and naval, it etp-
pears evident that they will allow matters to take their
course at Canton, and that their sole care is the protec-
tion of their respective subjects.
" Trade, with this state of things, continues paralysed,
and, in short, we are not wrong in stating that the port
of Canton is virtually closed.
" From Shanghai our dates are to the let inst. The
most important item of intelligence is a collision between
the French authorities and the iusurgents in the city,
leading to the bombardment of the place by Admiral La
Guerre with his vessels La Jeane el'Are and Colbert ;
but by our last advices nothing definite bad resulted,
although it was expected the city would surrender, and
we expect to hear of this by our next letters, or of its
having been stormed and taken, This measure holds
out a prospect of a termination to the disorganisation
that has ruled so long at Shanghai and the neighbour-
nood.
" Pekin gazettes are down to the 4th of December.
The accounts continue unfavourable for the insurgents,
who are said to have met with several reverses, and have
been driven back in an easterly direction.
"Trade at Shanghai had been carried on to a fair ex-
tent. Tea and silk remained at about the same price as
before.

" From Foochow our dates are to the 23d ult. Tea
continued to be sent forward. The difficulty about set-
tlina for ground still existed.
" Our advices from Amoy are to the sth inst. There
was a fair market for cotton, but manufactures were dull.
The neighbourhood was quiet.
" The Centurion, with the invalids of her Majesty's
59th Regiment, left for England on the 7th inst.
"Exchange at Cantott—on England, 4s. Bd. to 4s.
; On India, 230 rs. to 228 rs. At Shanghai—on,
England, 63. 7d. ; on India, 328 re. to 326 rs.
" Our latest dates are—from England, Nov. 9; Cal-
cutta, Dec. 5 ; Bombay, Dec. 1 ; Singapore, Dee. 24 ;
Manilla, Dec. 22 ; Melbourne, Nov. 19 ; Shanghai,
Jan. 1."

COMMERCIAL INTELLIGENCE.
CALCUTTA MARKETS.
The Peninsular and Oriental Company's steamer Ben-
tinck, with the London mail of the 9th of December
last, arrived on the 15th inst.
In our import market we are still without any im-
provement either in prices or demand, the increasing
tightness of money among the native dealers preventing
a resumption of business on a fair scale. In metals we
have not much doing, the demand for copper is very
limited, and iron is occasionally taken at previous quota-

tions.
Exchange. —Considerable transactions are reported
since our last at rates almost the same as those ruling
at the close of the last mail. sßank bills at six months'
sight and first-class credits have ranged from 2s. Oid. to
2s. ;Id. per rupee. Document billa are quoted at 2s. Oid.
On China the rates have partially declined, and bills at
60 days' sight against opium have been disposed of at
227 r. per 100 dots.
Freights.— Before the arrival of the Bentinck large en-
gagements were made at increased rates for rice and linseed,
as high as Si. per ton having been paid for the latter to Lon-
don, but subs'equently there has been little disposition on
the part of shippers to engage tonnage, which, however,
is not abundant, and the rates consequently have taken
a downward tendency, though for many articles they
are nominal at present. The day before yesterday a ship
was taken up for Londonl2s. 6d. all round, nearly
half the cargo consisting of seeds. For Mauritius the
rates continue the same, with a small demand for ton-
nage, and for other ports we have no alteration to notice.

BOMBAY MARKETS.
From the 16th to the 31st of January.
We have little change to report in the money market.
The Precursor, which arrived here from Calcutta two
days after the despatch of our last, brought round 111acs
of specie, which, although a smaller sum than was ex-
pected, relieved our market' to some extent ; but, as the
Bank of Bengal and the Bank of Madras have raised
their rates for discount 2 per cent. over existing rates
here, we cannot look for a continance of such shi
nientQ, and money will therefore, we think, remain p-
scarce for some time to come.
We have no alterations to record in securities, which
still continue excessively dull of sale. The Commercial
Bank declared a dividend for the past half-year at the
rate of 5 per cent, per annum.
Exchange has fluctuated since last mail, and has fallen
to 2s. OW. to 2s. six months' sight bills ; document,
2s. 1:d. to 2s. 11d. six months' sight.

CANTON MARKET.
HONG KONG, Jan. 15.
During the past month the transactions in the Canton
market for imports and exports have been trifling ; and
politically matters begin to wear a mere threatening
aspect for the safety of the. city.
Cotton.-2,700 bales muddling to good Bombay sold
at 5.6 taels to 6.6 taels. At Amoy, Bombay is quoted
$9 70c. to $lO 50c. ; Bengal, $lO to $lO 50c. About
5,500 bales sold.
Turkey Opium.—s4so.
Tea.—The business of the month has been limited to
the following transaction :—Two chops of refined
\Voanam tea 224 taels ; 5,000 boxes of scented orange
pekoe, at 19 to 26 taels; 3,000 boxes of scented Caper,

~~

On the 22d t4e screw-steamer Lady Jocelyn arrived
from Southampton and Gibraltar, with provisions, win-
ter clothing, &c., for the French army, towing the
American transport-ship White Falcon, from London
and Southampton, with salt meat and huts, likewise for
the French army ; both left for the Crimea on the fol-
lowing day.
Her Majesty's steam-sloop Triton arrived from Con-
stantinople on the 223, for the purpose of repairing
damages ; and on the same day the French steam-
corvette G'assendi, from Toulon and Bastia, bringing 4
officer,', 437 non-commissioned officers and privates, and
22 cavalry horses, for the Crimea, for which destination
she left on the 23d. This vessel I:rings the disastrous
intelligence of the loss of a French sloop of war, with a
crew of 200 souls, in the straits of Boniiaecio, and like-
wise a rumour of some disaster in the same waters to an
English steamer ; but this latter is very vague, and re-
quires confirmation.
The Crcesus, screw steam-transport, took her depar-
ture, on her return to England, on the 21st, convoying
Colonel Cleveland, 11. A., and family ; Quartermaster
Doherty, of the 38th ; Assistant-Surgeon Finlay, Assist-
ant-Surgeon Wyer, 3d Buffs (who has recovered from
the mental malady under which he has been labouring ;
but is, nevertheless, invalided). Mr. Duke and 154
non-commissioned officers and privates, invalided ; 43
soldiers' wives, and 41 children.
The City of London, steam-transport, arrived on the
23d from Balaklava an Constantinople, and on the same
day, from the like ports, her Majesty's screw line-of-
battle ship Sanspareil.
The Indus has just arrived from Alexandria, report
ing the arrival at Suez, on the Bth, of the Punjaub, Vic-
toria:, and Auckland, steamers ; and on the 16th of the
Sultana.