The Sun.
London, England, 1853-11-12 00:00:00

resource, accepted the offered assistance of the
Mongol Tartar chiefs north of the wall. Should
this be really the case, it is very possible that the
further progress of the rebels may be yet arrested.
if these Tartar chiefs succeed, they will, however,
probably depose the Emperor, and keep such of
the provinces as they can save for themselves. In
such event, the low marshy banks of the Yellow
River would probably serve as a boundary between
the Tartars and the Chinese. The island of Amoy
has been closely invested by a large Imperial fleet,
and the inferiority of the insurgents at sea renders
it improbable that they will be able to maintain
their insulated position much longer. Trade is, of
course, at a stand-still in China. At Bombay a
new joint-stock bank has been established under
the name of the Mercantile Bank.

COMMERCIAL INTELLIGENCE.
CALCUTTA MARKETS.
TUESDAY, October 4.
The general prospects of the indigo crop remain much
as they were at the date of our last report, and the crop
it is expected will be somewhere between 105,000 and
108,000 mds. The shipments to date amount to 27,105
chests, containing fy. mds. 101,731, of which 15,143
chests have been sent to Great Britain, and 8,198 chests
to France. The sugar market has been quiet, the ex-
ports of the month not exceeding bazar mds. 37,643, of
which 27,579 'lids. have gone to Great Britain. The
rise in the rates of freights has checked operations in
saltpetre, the finer qualities of which, however, maintain
their value, 7 per md. being quoted for European re-
fined. A fair demand exists for the table qualities of
rice, and the usual average supplies are going forward to
Mauritius and to Bourbon. Raw silk is in high favour,
every parcel as it arrives being taken at extreme previous
rates; the shipments of this article last month reached the
unusually large quantity of 4,195 mds. Coi ahs are also
freely taken at full prices. The finer descriptions of lac
dye are chiefly wanted for foreign Europe. Shellac is
unaltered. The reported scarcity of sticlac has improved
the position of these products. The new jute crop is of
better quality than the appearance of the first samples
prognosticated ; an active inquiry prevailed for the fibre,
and extreme prices are readily given. Hides have been
taken in larger numbers than usual for Great Britain.
The price of linseed has declined to 2-9 and 2-11. The
market is bare of rapeseed.
The close approach of the Doorga Pooja holidays
added to serious apprehensions entertained regarding
the fate of the grain crops in the North-Western Pro-
vinces, has had the effect of inducing dealers to con-
tract very materially their operations in our import
markets, and consequently the business transacted
during the past fortnight has been very small. Hold-
ers of cotton goods are, however, generally very
firm, and the prevalence of a good business after
the holidays is confidently anticipated. The grain
crops referred to have been endangered by long-con-
tinued drought, but they can yet be saved by a timely
fall of rain, which is earnestly hoped for. The deliveries
of mule twist have been less than usual, but prices are
firm, and the article is in a healthy position .with ma-
nageable stocks. Metals have participated in the tem-
porary stagnation. The sales of Copper have been
small and at a slight decline, excepting as regards
Sheating and Bolt, which are in demand, at a shade
advance, for docking purpose. Iron maintains its posi-
tion. Spelter is without report of sale, but some parcels
of that Metal have changed bands in the bazaar at Co's
Rs. 10.3 to 10 5 per md. Salt has become more buoyant.
The closing of the Four per Cent. Loan has had the
effect of throwing large additional supplies into
the money market seeking for investment, and the
share market has consequently been more animated
with an advance in several of the joint-stock shares
which had not previously improved. Bank of Ben-
gal Shares have advanced to Co.'s Rs. 6,285 each,
Agra Bank's have topped 700. North - Western.
Bank Shares, so long neglected, have risen from 275 to
390 each. A Government notification has appeared,
directing that all officials covenanted. or uncovenanted,
must terminate their connection with the management
of Banks or Joint Stock Companies on the 31st of
March, 1855. In Company's paper the Co.'s Rs. four
per cents. have advanced to 3-8 to 8-12 Sicca fours may
be had at 2-8. Five per cents. are quoted at 3-12 to 4.
The uncertainty which prevails regarding the continued
existence of this stock prevents it from rising ; holders
may at any time be surprised by a notification that it
will be either paid off or converted into four per cents.
Exchange with London has been keeping up to 2s. id.
for first-class creditors. Latterly the tendency has been
upwards, and there being more sellers than buyers, the
rates advanced to 2s. IA-d. ; Oriental Bank Bills have
been sold at 2s. ld. for 6 months' sight. Bills on China'
are quoted at 250 Rs. per $100; Mauritius, 5111 cent.
per rupee ; on Madras and Bombay, par.
Owing to the scarcity of tonnage freights got up be-
yond our last quotations for London to 3/..175. Gd, salt-
petre ; 41., sugar ; 41. 2s. 6d., rice ; oil seeds, 41. 15s. ;
bides, 41. 15s. ; jute, 41. About the end of last week
they subsided to our present quotations, viz.:-31. 155.,
Saltpetre • 41., Sugar ; 4e. 2s. 6d., rice ; 41. 7s. 6d.,
Seeds ; 41., Shells.

REPORT ON THE STATE OF THE BOMBAY
MARKETS.
From the 28th Sept. to the 13th Oct., 1853.
We have little change to report in the state of the
money market since our last. Money continues to be
obtained on easy terms, though we think it is likely to
become more valuable ere long. In Government secu-
rities the principal transactions have been in 4 per cent.
paper, which advanced to 3 per cent, premium shortly
after the appearance of the notification closing the Loan
of 1842-43 for cash subscriptions, but this high rate has
not been maintained, and we now quote it at 21. The
prices of Joint Stock Bank Shares have rather receded,
and we now quote them :
Bank of Bombay 4l per cent. prem.
Oriental Bank Corporation 96 fl
Commercial Bank 32 fl
Agra Bank 52 11
There has been very little doing since the date of our
last market report, and the scarcity of rain in Marwar
and some of the adjacent provinces is considerably felt.
The Gulf traders not yet having arrived in any numbers,
the Mohurrum festiva,l now being in progress, and the
Dewallee holidays shortly occurring, contribute to in-
terfere with the weakness of trade ; but as these inter-
ferences are got rid of we hope to see a considerable
amount of business done.

Cotton.--The price of cotton has given way, owing to
the combined bad accounts of the China and English
markets for that staple ; and Dhollerah may now be
had at 97 to 98 Rs. per candy, but broach is still held
at 103 to 104 Rs. per candy.
Freights have been steadily maintained at 21. 15s. to
2/. 17s 6d per ton. A temporary advance took place, but
it was speedily checked by several vessels having arrived
from Australia and elsewhere. To China there is
nothing doing at 12 Rs. per candy.
Exchange on England has been firm at 2s. 1 3-16 d. to
2s. 1 5-16 d. per rupee, for best bills at six months'
sight ; at present it has rather an upward tendency ' • the
last quotation may be considered to be the rate of the