The Sun.
London, England, 1862-01-06 00:00:00

INDIA.

By the arrivai of the Bombay mail we have re-
ceived files of papers from Bombay to the 12th of
December, and from Calcutta to the 3d of De-
cember.
We take the following summary of news from the
Bombay Gazette of the 12th December.
" The Governor-General has relinquished for the
present his intention of visiting either the Godavery
or British Burmah. Lord Canning has decided on
leaving for England before the close of the present
month.
"The Hon. Mr. Laing arrived at Calcutta by the
Peninsular and Oriental Company's steamer Candia,
on Saturday, the 30th of November.
" The Kurrachee papers declare that Nana Sahib,
of Bithoor, disguised as a fakir, has been appre-
hended in that city.
" Russia is drawing supplies of cotton from Khiva
and Bukhara, and the cultivation of the staple in
those countries has been very largely extended.
The value of that sold recently at the fair of Novo-
gorod was estimated at £150,000.
Sir George Russel Clerk left Mahableshur last
week, and has arrived at Poonah.
" His Highness the Nizam has issued orders to
the talookdars to make over to the British officers
the lands required for a road to be constructed for
the Godavery traffic.
" General Birch, it is stated, is about to retire.
"Orders for the creation of a Chief Commissioner-
ship of the Central Provinces have been issued. The
new Palatinate will consist of Nagpore and the
Saugor and Nerbudda territories in 13 districts.
The administration and pay of officials will be like
those of Oude, The whole additional cost for the
good government of the most neglected of our pro-
vinces will not be more than £lO,OOO a-year,
" The amount of income-tax for the town and
island of Bombay for the year commencing Aug. 1,
1860, and ending July 31, 1861, was 11,58,000 r.;
nearly the whole has been realised.
" Kirkee, Kurrachee, and Mhow are to be the
head-quarters of the Bombay Artillery. The Horse
Brigade, the 18th and 21st Brigades, to be perma-
nently fixed respectively at these places.
Colonel Baird Smith, of the Bengal Engineers,
who has reported so ably on the famine, is so ill as
to necessitate his return to England. His illness is
the effect of incessant work and application to duty.
"In Chota Nagpore some fine waste lands with
an excellent cotton soil may be obtained on 20
years' leases, rent free for three years, at the rate
of half a rupee all round. The plateau is from 1,500
to 2,000 feet above the sea level.
" The senior Line officers included in Sir Charles
Wood's pension and retirement scheme, and whom
the Government cannot employ, are sending in their
adhesion and acceptance of his offers in considerable
numbers.

" The North-west Provinces, so recently ravaged
by famine, are covered with most promising rubbee
crops. The people are happy and contented, and
engaged in irrigating their fields.
" The Kurwee prize money is to be divided among
General Whitelock's and the Central Indian Field
Force, or Sir 11. Rose's column.
" India is indebted to European enterprise and
capital for her tea cultivation, which is rapidly in-
creasing. The produce of the Assam Company's
gardens alone is now about £1,000,000 sterling, and
the wastes of Cachar, which five years ago scarcely

yielded tl Government a revenue of 50,000 rupees,
now yield upwards of 31 lacs per annum.
" A letter from Cabul states that Sultan Ahmed
Jan, the ruler of Herat, has established friendly re-
lations with Afzul Khan, the Dost's son, and
resolved to throw off his allegiance to Persia.
" Salabut Khan, the murderer of the late Major
Burton and his sons, has been convicted, sentenced
to death, and hanged at Kotah, the scene of his
crime. _ _

" The 30th of Nov., 1861, was the last day of the
existence of the regiment of the Bombay Artillery.
113 years of good and gallant service has to be re-
corded of the corps. The Duke of Cambridge is now
the commandant of the corps.
" The proprietors of the Bank of Bombay will
meet on the 20th inst., when the following impor-
tant propositions will be submitted for decision—
" 'l. That the directors be authorised to enter into
and make such arrangements with Government as
may appear expedient and advantageous to the
Bank for taking over the business of the General
Treasury at Bombay, and for the management of
the currency here and in the Mofussil under the
provisions of Act 19 of 1861, entitled an Act to pro-
vide for a Government Paper Currency, and Act 24,
of 1861, entitled an Act to enable the Banks of Ben-
gal, Madras, and Bombay, to enter into arrange-
ments with the Government for managing the issue
payment, and exchange of Government currency
notes, and certain business hitherto transacted by
the Government Treasurers.
" 2. That the directors be authorised to establish
branch banks at such places as they may deem ex-
pedient and advantageous for the interests of the
bank.

" ' 3. That the directors be authorised to take
such steps for varying, altering, or annulling all, or
any of the provisions of this Act under which the
bank is at present constituted, and for obtaining the
re-incorporation of the bank as to them may seem
expedient for securing the efficient working of the
bank.'
" Property to a considerable amount has been dug
up at Delhi under one of the apartments of the ex-
King.
" The health of the city and island of Bombay is
good. The weather very cool and delightful.
" The English mail of the 3d of November ar-
rived in Bombay on the 27th of November, on the
morning of the day of the departure of the Bombay
mail." _ _ _

We take the following from the Calcutta English
man of the 3d of December :
" Our markets are characterised by the most pro
found inactivity. Instructions from home forbid
any sales of cotton goods being effected, except at
prices far in advance of present rates ; and the last
telegram received here from Bombay on the 28th
ult., announcing a fall of !0., has effectually pre-
vented any demand for skirtings, yarns, or mules,
even at previous rates. Under these circumstances,
with the English houses holding their goods in an-
ticipatio❑ of a rise, and the bazaar dealers holding
off in anticipation of a fail below the rates at which
transactions were effected, there is little prospect
of any activity prevailing until one or the other
give way. In the export market we have nothing
to record ; transactions have been very limited,
owing greatly to the excessive demands made for
first-class freights. Prices keep up,—a natural
consequence of a plentiful supply of money in the
bazaar; but this must shortly change' and the na-
tive dealers give way, as very large demands for
money are being made for the Upper Provinces.
There has been a public sale of cotton, preceded by
one of indigo, at the mart of Messrs. R. Thomas
and Co. The latter touched the high price of 300 r.
per maund ; the biddings were extremely spirited
owing to the advanced rates prevailing at home.
Of the former there was but a very limited supply
offered, and but few competitors. The lots were
knocked down at bazaar prices. It is, however, a
good feature in the trade now fast squiring impor-
tance, that any cotton whatever should have been
offered to public competition at this early period of
the year, and it plainly shows that the 50,000
bales reported by Mr. Paterson Saunders, the
Cotton Commissioner, as being stored at Mirzapore,
are being thrown upon the market here. In a few
months more the cotton sales at Calcutta will, no
doubt, be as spiritedly contested as are the indigo
and opium sales."

THE BOMBAY MONEY MARKET AND COM-
MERCIAL INTELLIGENCE.
(From the Times of _lndia of Dec. 12.)
The London mail of the 3d ult. reached us on the