The Sun.
London, England, 1863-05-28 00:00:00

INDIA.

Few events of importance had occurred since the
departure of the previous mail, on the 20th April.
"The holiday in celebration of the marl iage of the
Prince of Wales (says the Rurkaru) was spent by
most of the European residents in Calcutta in writ-
ing letters for the homeward mail. In the early
morning General Showers reviewed her Majesty's
434 Light Infantry, the 40th Native Infantry, the
La!,ore Regiment of Light Horse, a bitter, of ar-
tillery, and the Calcutta Volunteers ; and in the
evening the Lieutenant-Governor held a reception
at Belvedere, which was almost as numerously at-
tended as the review. And thus the vacant day
was disposed of tant bien que mat."
In Madras the rejoicings on account of the
Prince of Wales's marriage went off with spirit, but
the Atheneum complains of the government fire-
works as a display of shabby pyrotechny. The same
paper says—" With real regret we notice the death
at Hyderabad of the aged Prince Shums-001-Omrah,
by far the best and most enlightened member that
has ever adorned the family of the Nizams of the
Deccan. His character, ability, and learning en-
titled him to the highest respect of both natives and
Europeans in India, and his lavish but judicious
benevolence rendered him the object of universal
affection in the Hyderabad kingdom. He was a
truly wise and good man, whose great influence
was ever used in the right direction, and had the
happiest effect during the mutinies, when great
danger existed of the overthrow of the Dewan
Sater Jung, and the falling of the weak and igno-
rant Nizam into the hands of the fanatical party
who sought to embroil his highness with the Bri-
tish power, and came very near succeeding. How
much both he and it owe to the restraining counsel
of Shums-001-Omrah will probably never be
known to the world. Had he thrown his weight
into the hostile scale the Deccan would have burst
into a conflagration the probable extent and results
of which it is impossible to think of without shud-
dering. We• look upon his death as a serious mis-
fortune to his family, to their state, and to the
Queen's government in India."
The Ceylon pearl fishery for 1863 has closed; the
amount realised, £51,017, is £3,700 below the offi-
cial estimate, and not two-thirds of what was gene-
rally looked for at the time that estimate was made,
but yet, from the inauspicious turn matters took
after the fishery had fairly begun the result seems
satisfactory to all parties.
We read in the Colombo Observer of April 30 :
" Some weeks ago we drew attention here to the
great desirableness of our joining the other subjects
of the British crown in presenting some memorial
to the Princess of Wales, and though we have heard
much approval of the suggestion then made to send
her some present, manufactured of the pearls se-
cured about the time of her wedding,' we are
sorry to say nothing has been done; and even the
very cheap loyalty of an address, which our con-
temporary the Examiner proposed, is still, so far as
we know; only a proposal. •

COMMERCIAL INTELLIGENCE.
(From the Calcutta Englishman of April 22.)
Produce Market—Since our edition forwarded via Bom-
bay, no feature has been exhibited in any branch of the
produce market.
Import Market—The market continues very quiet, and
the only purchases of moment are by European speculators.
The accounts, however, from the interior are good, and a
revival of demand is confidently looked for by holders.
There are said to be six to eight thousand packages on the
way from Bombay to Calcutta, but shipments from Eng-
land are so trifling, especially of grey goods, that this
market can easily absorb these indirect supplies.
Joint-stock Shares—The joint-stock market continues
buoyant, aided by an easy money market, and the transac-
tions have been considerable.
Government Securities—We hear of no change in Go-
vernment stocks, Speculators and dealers are waiting for
the budget before they commence operations, and prices
are a little weaker.
Money Market—There is nothing new to report of this
market beyond what was given in our overland edition vas
Bombay.
Exchange—Very little exchange has been sold for this
opportunity. The importers are not buying so freely of
bank bills, and rates have a tendency upwards. There are
very few credit or documentary bills offering on London.
The rates on France. China, and Mauritius are the same as
quoted by the Bombay mail.
Freights—Our transactions since the closing of last mail
have been dull for all ports, but no great reduction of rates
has taken place. The disengaged tonnage, although small,
is quite equal to the requirements of the port.