The Sun.
London, England, 1853-08-29 00:00:00

CALCUTTA.

( From the, Calcutta Overland Price Current, Tuly 16.)
The Precursor steamer arrived on the 3d inst. with
London dates to the 24th of May, and the Pekin came
in on the 14th with the mail of the Bth ultimo.
The indigo planters in Lower Bengal complain of too
much rain, and entertain fears of the river rising upon
their low lands. 26,341 chests, containing 90,044
maunds of indigo, have been shipped up to date, of
which 14,550 chests have gone to Great Britain, and
8,140 to France. Sugar has advanced 4to 6 annas per
maund on Benares sorts, and some business has been
done in that description. The shipments of rice to
Great Britain has been moderate ; this cereal is very
scarce and dear in Burmab, owing to the neglect of its
cultivation there during the war. The opening, of the
rivers has had the effect of supplying the bazaar with
the superior qualities of saltpetre, which have been freely
sold at a decline of 3to 4 annas per maund. Safflower
has been moving off without animation at easy former I
rates. Lac dye has continued dull at unaltered prices,
with little business doing in it. Shell lac has improved
4to 8 annas per maund. The market is scantily sup-
plied with raw silk. The July Bund -promises well.
Corahs have come into better favour, and a considerable
portion of the stock which remained has been taken for
shipment. No alteration has occurred in the hide mar-
ket, which is kept well supplied. Linseed continues
to attract attention for Great Britain and America.
An active demand prevails for rapeseed at unaltered
prises,
_We again have to express our regret that :we can ro-

;;;..ds':"3lll;*eiTenliiif ritth't.'rtvere, "BO looked forward to
as the signal for increased animation and tiny, ovd
prices, has now fairly taken place, but without being
attended by the expected results ; an increased busi-
ness has certainly been done in grey snirtings, and
also in both descriptions of jaconets, but without any
improvement in value, and most other fabrics continue
to be neglected as much as before. The transactions
in mule twist have been fair, with a trifling improve-
ment in some counts, and a shade decline in others,
while some remain unaltered in value. Turkey red yarns,
both German and British, are in good demand at previous
value ; orange is saleable at former low prices. Green is
dull, with heavy stocks. Copper continues very quiet,
but firm. A better disposition to operate in iron pre-
vails among dealers. ,750 maunds of spelter have been
placed at 9-3 to 9-5 per maund.
The money market is still easy, and loans can be
readily procured on approved securities, but at improv-
ing rates of interest. The Bank of Bengal has raised its
terms by 1 per cent. The bank has declared a dividend
at the rate of 6 per cent. per annum for the past six
months ; during the last month large amounts of the
Sicca Five per Cent. Loan, notified for payment, were
sent into the bank for discount ; this unexpected acces-
sion of business enabled the directors to employ a con-
siderable portion of their idle capital and to make a
higher dividend than their previous operations had led
the shareholders to anticipate. The share market con-
tinues firm. Bank of Bengal shares are quoted at 6,050
each ; Bengal Coal Company shares have got up to 900,
each, and New Oriental Life Insurance to 400 ; Govern-
ment Securities are at 102-13 to 103-0, new fives; 99-
1.
er
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etosb2sabwe.luenoflnfock
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:eve'
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gnrincoagyrttaerfiyydar2ietbs credits
have 14, new fours ; 99-8, sicca ditto ; 106-8 to 106-12
-1
e
transfer fives.
In Exchange, Barin
through-
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o
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but
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even
Document bills have been steady at 2-1 k
class paper, though other bills would have to be let off
for agency draughts since last mail. Bills on China, at
rupees per 100 dole ; bills on Singapore, at 30 days'
sight, 217 rupees per 100 dols ; bills on Mauritius, at 30
days', 52 cents per rupee.
We quote freights to London at 3/. 15s. for saltpetre,
3/. 15s. for sugar, nominal for rice, 4-0 for seeds.

The Lorchas were also soon forced In retreat, and
were pursued as far as the Silver Island. From
this the insurgents returned to (thin-kiang, which
they occupied unresisted, the garrison, among
them 400 northern Mantchoos, having fled with:
out firing a shot. The families of the resident
Tartars, warned by the fate of their compatriots at
Nankin, all evacuated the place to the number of
20,000; only a few hundreds were caught and slain
in the surrounding villages. On the following day,
the Ist of April, the insurgents occupied Kwa-chow
and the large city of Yang•chow on the northern
bank of the Yang-tse, in like manner, without re-
sistance. A long battery of three miles of guns
that lined the river bank fell into their hands.
Not one had been discharged against them.
The son of the'Toutie at Shanghai is at Canton
SHIPPING INTELLIGENCE. organising a fleet of armed fishing boats, with which
BOMBAY. to proceed to Yang-tse-kiang to attempt the re-
Arrivals.—July 4, the Hon. Company's steamer Auck- covery of Chin-lciano•-foo and the possession of the
land, from Aden the 26th of June. s.—The Peninsular grand canal. A considerable force of Imperialist
and Oriental Company's steamer Ganges, from Hong troops is roops collecting between Shanghai and Nankin,
Kong June 7, Singapore June 16, Penang June 18, and
vrern-
Gallo June 29. Intelligence.—The Precursor arrived and some of them have been dressed and equipped
from Suez June 25; the Pottinger sailed for China June like our Sepoys in order .to impress the insurgents
25 ; the Lady Jocelyn sailed for England June 26 ; the with the belief that the English are supporting the
Bombay arrived from Calcutta June 29. The Hon, Mantchoos.
the
Company's sloop-of-war Elphinstone from sea. 7.—The The following is the North China Herald's
ship Robina Mitchell, from Glasgow March 16. B. account of the state of affairs in the northern
The ship Fathool Barry, from Bushire June 20 ; the capital :
Hon. Company's steam-frigate Queen, from Kurrachee , The exhausted state of the Imperialist military chest
July 5, at 940 a.m. 10.—The ship Dawson, from is fully confirmed by the edicts and memorials of the
sums private
ston, Liverpool April 8. 14.—The Peninsular and Oriental Pekin Gazettes, and by private letters from Pekin. A
Company's steamer Formosa from Calcutta June 30, memorial of one of the board states that upwards of
and Galle July 8 ; the ship John Adam, from the Mau- 20,000,000 of taels:of silver have been expended in these
ritius June 29. military operations ; and we know that before they
Departures. —July 3, the Peninsular and. Oriental mewed the State funds had not recovered from the deoarain-
phinstone, as 100 cash), from the circulating medium in Pekin,
immediate embarrass-
Company)s steamer the Erin, to Galle Penang, Sings- caused by the English indemnity. The CentraltvGb?
pore, and Hong Kong ; the brig Fatel'llymon, to Port ment hie now been compelled to pay in notes
Philip ; the French ship Francois Casimir, to Mar- they represent nothing but the emptiness of the Imipeherial
seilles ; the ship Ellen, to Liverpool ; the ship Man- Treasury, have no value in the market
ftowaLrivEeirpool ; the closed in a single day, causingl• n con_
gosteen, to Whampoa in China; the ship H. C.
_Kid- sequence. of their issue about a hundred f
ston, to Liverpool. 4, the ship Victory, to London. , banking establishments, whose notes (fore the
5, the tAhdeeEnas. t6l,ntdhiea
sChoipmpmanoyn'tsgoslmooerpyo,
ship Chancellor, to Liverpool ; the ship Tulloch Castle, ment and distress among
to London, 7, the ship Tartar, to China. 19, the ship position had become already straitened lower classes, whose
Great Britain, to Tuticorin • the ship Ann, to London. price of grain. Our readers from the high
13, the ship Victoria, to Mad and Calcutta. lation of Pekin (com 'are aware that the popu-
MADRAS. rison of about 100,000 li,rising a paid stationary gar-
Arrivals.—June 24, the Sardinian schooner, Sofia, mainly dependendent on antchoos and their families) are
from Colombo 19th inst. ; the Peninsular and Oriental the fertile low lands boththe supplies sent annually from
Steam Navigation Company's screw steamer Bombay,. far as the Yellow Riverea sides of the Yang-tse ;as
-- from Calcutta 17th, and Sandheads 19th. Intelligence. of Hangchow on the on the north, and the bay of
, .
Nitw ROAD To
tßffri-A- new road is about —When the Peninsular and Orientalscrew•steamer Bom- dispatched by th e south. These supplies used to be
to be formed direc from the •Lewisham station of the bay passed Sanger, the ship City of Poonah was aground April, and Ai the.. eat canals in the months of' March,
North Kent line of railway to Blackheath, and we on Saugor-sand, and serious apprehension were enter- from the ay, being in each case the contributions
understand that , the whole of the ground has been twined for her safety ; the Bombay experiencet. a very two or en:Ts of the preceding year. During the last
taken for the purpose of building thereon a superior strong monsoon at the head of the bay: 26, the barque last yearthree years a portion has been sent by sea,,,and
class of villa residences. The advantages of the new British Empire, from Geelong, Australia, 28th of April.
-road- both to pedestrians and horses will be the avoid. 27, the barque Catherine Pemberton, from Sunderland i
ance of the hill in the direction of the Lewisham 28th of February. 28, the Peninsular and Oriental •so
Grammar School.—Keatish. Mercury.
ELECTORS IN ENGLAND AND WALES.
a return to the House of Commons showed that there inst.
Steam Navigation Company's steam-ship Precursor,
Bth, Aden the 15th, and Gall of Shanghai.
the whole supply a, thousandni junks cleared seaward from the port
is year none has beent sent by canal, and
e furnished by the above-mentioned re-
gi.n was that contained in some 200 vessels which left
, this port about a month ago, forming probably not one-
-On Saturday from Suez the e the 15th ' fifteenthofwhat will
be required. The price of grain had
—June 25, the barque Nepaul tripled in Pekin about a month back • and as the last and
were on the last registration lists in England 409,958 Departures , for Mauri- onl h h fii h ' •
B 1. • y resource a ig o cer as recommende,memo-
. 55 in Wales.
parliamentary voters, and 11,4 In Eng- tins ; the French barque o me, for Ma • •
26 the ship Minerva, for • rsefiles vm rial, that rice be bought up in Formosa by the local
land and Wales, 55,879 were freemen or members of 1 Pondicherry;
___
en,.
lar and a' Bunlipatam and authorities, which, ho argues, coming with the south-
the old corporations, 331,534 were registered as 10/, London ; th y man Oriental Steam Naviga- , ern m 00133001), may arrive in time to6sutapveoif the appre-
-1 householders, and 10,844 in both capacities. tion Company s screw steamer Bombay,
f for Point de handed distress. But it is extremely doubtful that the

land Company.
4. The improved relations between the British settlers and the
natives of these islands, from the closing of the long-vexed questions.
Sir George Grey, the Governor, remarks in his dispatch to the
Colonial Secretary—" In no part of her Majesty's dominions is pro-
petty more secure, er engagements more strictly observed, or where
capital can be more safely employed than in New Zealand, or where
a more exemplary class of British subjects can be round deserving
equal consideration." • '' *
Gold having been discovered in various parts of New Zes,land, it
follows that her attractions and superiority of climate will drive a
large -number of Australian adventurers to her shores; it is not,
therefore, difficult to foreme a great and increased demand for money
accommodation. All holders of land, merchants, end others connected
with the New -Zealand settlements, aeonply interested in any
scheme that shall relieve them fr,am a p so unnatural and dan-
g, rous, and in the success attending. a safe locallbank, over which,
as shareholders, they have an interest and control.
The principal establishment of the Beak will be in London. A
local committee will be appointed in each province in New Zealand.
All banking business will be transacted on mist liberal terms, and
elven, es will be made in New Zealand and elsewhere on gold and
other approved securities.
A proportion of shares will be reserved for New Zealand, so that
a proper division of the Company's profits will benefit the colonies in
which it operates.
By the'charter or deed of settlement, the Directors reserve to the
'Company the right of increasing the capital to 500,0001.
A deposit of Si. per share will be at once called upon the capital,
but no future calls will be made at less intervals than three months.
i should the Bank not be established, the whole of the deposits, after
deducting expertaes, willZhe'returned to the subscribers.
t Further el- tails and shards, or share forms, may; be obtained at the
Company's offices ; or of the brokers and solicitois.