The Sun.
London, England, 1864-10-21 00:00:00

lion when the cotton does come to market will
be strongly felt. The holidays are near at hand
and all business is being brought as r,t idly to
a close as possible ; preparations are t king for
an escape from work in all directions, There has
been an improvement in exchange, but the fluctua-
tions in Government securities have hi en consider-
able, ending in rather low rates. Shares in all com-
panies are dull, except the favourite banks.
CABUL.—We have letters from the north-west
frontier, from which we learn that the country of
Turkistan has been restored to Uzful Khan, with
the exception of the provinces of Koondooz, Mei.
mane, and Klagtean. The Usbeg Chiefs, the Wul•
lee of Meimana, the Meer of Turkistan, and the
Chief of Herat have all been received by the Ameer
of Cabul, and Khilluts presented to them. On the
12th August the Ameer of Cabal held a grand re•
view before all the chiefs and the Persian Envoy.
At the end of the month the Ameer returned to
Cabul. We are also informed that the Persian
Envoy has power to negotiate the following propo-
sitions with the Chief of Cabul. That a treaty of
amity and peace be entered into between the two
States ; that Herat should be considered a depen.
dency of Persia; that as Persia intends to send a
force against the Turcomans of Bukhara to revenge
a long series of insults, the authorities of Herat
should engage to render efficient assistance, and that
a duly accredited envoy should be appointed to re-
side at each court.

COMMERCIAL INTELLIGENCE.
"/ THE BOMBAY MARKETS.
(From the Times of India, Sept, 28.)
On the 10th inst. we were placed in receipt of
i news from England by the arrival of the screw
steamer Behar, with the mail of the 18th ult. Tele-
graphic advices were to the 26th ult. The Bengal,
with the last Calcutta mail, was telegraphed from
Galle on the morning of the 20th inst., but the news
did not roach us until the following day. Dates were
to the 3d inst. The screw steamer Rangoon, with
the mail of the 31 inst., came into harbour yester-
day morning, but the telegraph lines having been
interrupted, the latest London dateel were only to
the 6th inst.
E:change.—The business done has been restricted
and chiefly by the banks among themselves, the
limited shipments of cotton causing few house bills
to be offered. The first rate opened at a level of 2s
111 for bank bills, and at first was in favour of
buyers, as high a point as 2s 11-d for bank paper
having in one or two instances been touched. On
the receipt of the Galle news, however, buyers had
to yield a little, and closing rates are as follows :
Bank bills, 2s. lid. to 2s. 1 5 161; credits, 2s. lid;
documents, 2s. 1 9-16 d, per rupee.
Money.—The Bank of Bombay's rates remain
unchanged, and the money market is very easy.
Telegrams from Calcutta to hand yesterda7 report
an advance in the Bank of Bengal's rates of 1 per
cent,, which, however, may probably have an
effect here. The Rangoon brought upwards of a
crore of rupees in treasure.
Government Securities have continued much in
the same lifeless state, and are quoted as follows :
—Fours, 93r.; Fives, 103 r. to 1031 r.; Fivesand-a-
Haifa, 111 r.
Shares.—Previous to the receipt of the Galle
news some improvement was apparent in certain
stocks, but latterly dullness has been the prevail-
ing feature in the market.
Imports.—Since the arrival of the mail of the
181 a alt., on the 10zh inst., we have had a Eto g•
neat market for piece goods. Rumours as to the
probability of a settlement in America have of
course been much exaggerated by the natives, and
greater feelirg of distrust has arisen than the
actual state of American politics seems to warrant.
The more intelligent among the bez ear dealers
have refrained from pressing sales, but many of
the smaller traders have realised at a lose, and a
gradual decline in prices in the bazaar has been
going on the last three wee,ks. Importers have
shown great firmness ; indeed, it has scarcely boen
possible to effect sales, and a general feeling of con-
fidence exists in the sound state of the trade, There
are large orderEin the maret from up-country, which
have only been held back owing to American news,
and the opinion of dealers is unanimous as to the
exhausted state of supplies in the interior. Nu
doubt it is unfortunate that news of the nature we
have had should have reached us at this stage of the
season, and checked the demand which was spring.
ing up ; and, until something definite is known of
the Presidential election in America, markers here,
as at home, will probably be unsettled, but the des
mind for goods sooner or later seems a certainty.
Transactions in grey cloths have beentrifling in the
extreme, and for skirtings our quotations are con-
siderably reduced. White goods have been in
increasing request, and appear to be less affected
by the English news than grey goods or yarn. For
T rads we have had some inquiry, at slightly better
prices. Twist and metals are dull.
Exports—Cotton.—When last mail left there
was some enquiry for cotton, and the market was
strong. On the arrival of the mail of the 18th ult.
the same causes which affected piece goods told
upon cotton, and since the receipt of the Galle news
there has been almost an entire cessation in demand.
The advices to hand on Monday have had a further
depressing influence, and it is only the scareil of
p ,rcels of good staple which has prevented a greater
decline than has actually taken place, but which
as it is may be ststed at 15r. per candy. Frem the
northern ports some small supplies have come down,
but it will he a little time yet before anything from
the Dharwar districts reaches us. The total trans-
actions reported hardly amount to 5,000 bales in
all, and consist chiefly of Oumrawutte, Dholiera,
and Surat, For time bargains the quotation for
Dholiera is to-day 620 r. per candy. Shipments up
to the 26th inst. are 778,871 bales, against 717,3961
bales up to the same time last year. To-day's
values of ready cotton are as follows—Broach and
Jumboseer, 612 r.; Surat, 635 r.; Dhollera, 625 r, ;
Bhownugger, 630 r.; Oomrawuttee, 690 r.; Akote,
625 r. (nominal) ; Barsee, 580 r.; Hingenghat, 660 r.
(nominal) ; Veravul, 510 r. ; Sawginned Dharwar,
700 r.
Weal.—Some transactions are reported in Fero-
zepore, Bussoran, Joriabs, and Marwar, at 180 r.,
300-301 r., 313-320 r., and 245.247 r. respectively.
Seed.—Time bargains in rapeseed have been
made at 7r,, which supports the market. A purchase
of Barmah coffee at 13r. 4a, per maund is reported.
Freights—The advices received by the mail of
the 18th ult., which arrived on the 10th inst., had
an exceedingly depressing effect on freights, and
but few engagements have been made during
the fortnight. Cotton continues to arrive very
slowly from the Guzerat districts, and until it
comes forward more freely there seems little pros-
pect of any improvement in the market. The ves-
sels which are leading for Liverpool are getting In
slowly, and two which had secured small lots of
cotton have been taken off the berth, and are now
going to Calcutta. Rates have not declined much,
but there is so little cargo offering that they are
nearly nominal. During the fortnight 23 ships,
aggregating 21,383 tons, have arrived, and 19, ag-
gregating 15,936 tons, have sailed. Rates may be
quoted as follows :—London—Cotton, £1 17s 6d to
£2; seeds, £1 ss. Liverpool—Cotton, 129 6d
to £2 15s; seeds, 15s to

THE CALCUTTA MARKETS.
(From the Calcutta Englishman of Sept. 20.)

The express portion of the English mails, vitt
Bombay, to the 18th of August, arrived in to wn
on the evening of the 16th, and the heavier part
on the 17th inst. Our latest telegrams Loin Lon-
don by this opportunity are to the 25th of the same
month.

Produce Market—This market has not been so
active within the last few days, and prices, cx -
cept a alight advance for silk, may be said to have
declined,

Import Market—ln the present state of tl,e
market it is quite out of the question to put any
price on almost any kind of goods in the absence of
any sales by importers. Transactions during the
whole of last week have been quite suspended,
owing to the announcement in the Chamber of
Commerce latest telegram of the 25th of August
reporting, "Peace supposed possible." This an-
nouncement caused a panic in the market and a
heavy fall of prices here, as well as in the up