The Sun.
London, England, 1854-10-16 00:00:00

MADRAS.

(From, the Overland Athencum of Sept. 10.)
The weather is quite unusual for the season, much rain
having fallen, and the temperature being far below the
average. The supply of moisture has come, however,
too late to sustain the hopes of the ryets, the rico crop
promising. everywhere to be a scanty one. The same
inaction continues in the export trade, there being hardly
any produce to send forward. We are encouraged to
hope that what is usually the third indigo cuttings, but
which in the present season might be more properly
termed the first growth of the plant, will turn out tole-
rably well ' • but taken all together we do not count upon
a tenth of last year's production. Rice is still too dear
to admit of exportation, and in seeds and oils there is

literally nothing doing.
That fearful scourge, the cholera, broke out in a de-
tachment of the 3d European Lightlnfantry, when only
a day's march from Bellary, committing sad havoc among
the men, who, panic-stricken, fled in all directions from
the fatal spot.
We regret to have to record the deaths of Major E.
T. Cox, 2d N.Y. 8., at Chicacole, Aug. 28 ; Lieutenant
C. J. Farrington, 45th Regiment Native Infantry, at
Secunderabad, Aug. 17 ; Brevet Major J. Ferrier, 48th
Regiment Native Infantry, at Malacca, July 24 ; Lieu-
tenant C. Holland, 4th Regiment Native Infantry, at
the village of Vodrammacottah, near Coirnbatore, Aug.
30 ' • and of Assistant-Surgeon Alfred Cheyne,
3d Madras European Regiment, at Bellary, Aug. 21.

COMMERCIAL INTELLIGENCE.
BOMBAY MARKETS.
REPORT ON THE STATE OF THE BOMBAY MARKETS, PUN
AUG. 30 TO SEPT. 11.
The Overland Mail, which dates from London of the
9th ult., reached this by the Hon. East India Company's
steam frigate Semiramis on the morning of the sth inst.,
and the additional arrivals from the west are the Phan-
tom, from the Clyde, on the 2d, and Foam, from Liver-
pool, on the 4th inst.
In the money market we have no change to note dur-
ing the past ten days. Money is abundant, and may be
had on very easy terms, but there is very little demand
in any quarter. The market for government securities
is unchanged, the quotation remaining at 98 to 981 for
Four per Cent. Loan, with few transactions. In joint
stock company's shares we hear of little doing, except in
shares of the Mercantile Bank, in which a good deal of
speculation has taken place, in the prospeckof an amal-
gamation with the Bank of Asia, a proposal to that end
being about to be submitted to the shareholders.
The seasonable change in the weather which has taken
place since our last market report, of the 31st ultimo,
has contributed greatly to remove the uneasiness which
was beginning to be felt in commercial circles as to the
result of our moonsoon, but if our later rain continues to
fall as copiously as it has done for another week, it will
tend materially.to the general prosperity of the country,
and the natural sequence—a beneficial influence upon
all branches of our
IMPORT MARKET—The amount of business in which,
considering that two Sabbaths have intervened since our
last, has 'been to a fair extent, the bulk of the transac-
tions, however, having been brought about by the desire
which a few of our largest and hitherto apparently
firmest holders have shown to realise, but it evidences
a better feeling on the part of dealers who, with large
stocks in hand, for which there is yet no outlet, are in-
creasing their supplies. Under these circumstances it
is satisfactory to notice that prices have been well sup-
ported, and with only firmness on the part of holders
there is no reason to doubt a much improved state of
matters as the season advances.
COTTON PIECE Goons.—A large amount of damaged
goods by recent arrivals has in some measure interfered
with the legitimate demand, but, notwithstanding a fair
inquiry has existed, and prices for such as are wanted
and light in stock have an upward tendency. Grey
shirting, 40 inch by 33 yards have been taken to the ex-
tent of 13,000 pieces ; 61b. at 3 rs. 81 ans., 611 b. at 3 rs.
9 ans., 611 b. at 3 re. 10/ ans., and 71b. at 4 rs. 11 ans.
per piece. In 45 inch there has not been so good an in-
quiry, sales only reaching 2,200 pieces, and in these also
prices are firm, 1011 b. having brought 7 rs., and 7,1 b.
4 re. 21 ans. to 4 rs. 31 ans. per piece.
MADAPOLLAM, 33 indi 24 yards.—The transactions
reported in this cloth reach 40,600 pieces, of which
11,000 are coarse make, weighing 411 b., and which have
sold at 2 rs. 21 ans. to 2 rs. 3 ans. per piece; holders
having pressed, the market prices have given way a little.
31b. have sold at 1 r. 21 ans. to Ir. 13 ans ; 311 b. at
2 re. 21 ans.; and 211 b. to 211 b., at 1 r. 6 ans. to Ir, to
9 ans. per piece.
JACCONET, 40 inch by 20 yards, has been lightly dealt
in, only 2,000 pieces being advised as sold at 1 r. 131
ans. per piece ; but of 45-inch 6,500 pieces are reported
at 2re. 6 ans. to 2 rs. 7 ans. per piece, the inquiry run-
ning chiefly on the finer qualities.
LONG CLOTH.— Although the inquiry continues good,
the transactions are limited to 2,000 pieces of 811 b.,
40 inch by 36 yards, at 4 rs. 4 ans. to 4 rs. to 4 ans.
per piece, and the market for this make is very firm.
T CLOTH.—In these also the sales are limited, reaching
only to 1,600 pieces 32 inch by 24 yards, at 2. rs. per
piece, and prices for under 51b. weight have advanced
an anna per piece.
DOMESTIC.—These cloths have not come into demand,
but there are symptoms of inquiry appearing.
GREY MULLS.-40 inch by 20 yards have sold to the
extent of only 8,000 pieces Nos. 2 to 4 at lr. 11 ans. to
1 r. 15 ans. per piece.
BLEACHED GOODS.—A steady, but by no means active
inquiry exists for the several descriptions under this
head, and the general rule of prices is low. Bleached
jacconet has been sold to arrive, at prices ranging
from 1 r. 13 ans. to 2 rs. 9 ans. per piece, and at
which 3,200 pieces are reported. Bleached lappets,
bleached dhoties, bleached mulls, coloured mulls, and
book muslin have all been slightly inquired after.
Satin spots are very dull and easier in price. Twills
are neglected.
COTTON YARN.—The depression existing at our last
has continued, and the market is very dull for both mule
and water, the sales in which aggregate only 365 bales.
Prices on the whole are tolerably steady, but for 50s and
upwards in the former are slightly easier.
DYED ORANGE is without improvement, and in Turkey,
red the demand has been languid in consequence of re-
cent imports. In neither are there any sales.
METALS.—The market continues buoyant, and for
most descriptions there is a good inquiry, with improved
prices ; but only a moderate business has been done.
Inoss.—British and Swedish Bar—Nail rod, round
and square, and sheet, have all advanced in value, while
nail and hoop are rather easier.
COPPER.—There are no sales, but sheathing, from
being scarce, has further advanced in price about 2 re.
per cwt. Tile and nail are also in good inquiry, while
braziers remain as before.
LEAD.—Pig, dull.
SPELTER.—DuII and slightly lower in price.
COCHINEAL had at one time a tendency to improve-
ment, which has, however, been checked by recent im-
ports.
SAFFRON.—Declining and dull.
SPIRITS.—The market is dull, but prices are tolerably
steady. Brandy is unaltered in price, but gin has
slightly improved. There are so sales.
BEER.—The sales reported are in bottle, viz,:-
500 dozen Tennants's, at .. ...... Rs. 4 per dozen quarts.
300 ~ ditto porter 3l ditt•
400 ~ Marzetti's stout 4 ditto
750 „ ditto 2 111 ditto
MARINE STORES.—The position of the articles under
this head is much the same as at our last. Cordage
continues high in price, but canvass quiet, and
with fresh supplies prices are without improvement.
A sale of 300 bolt Nos. 1 to 5 is advised, at 16 rs. per
' '

bolt.
WHITE and GREENimproving,tter andi cwt,,
sales are of the former,
11:50AI cwt.,
are
t.,a nd
the
la
at 10i rs. per cwt.
SUNDRIE S.—The only sale reported is one of 20 cases
EXPORTS.
thread, at 8 annas per lb.
COTTON WOOL.--A continued for
the receipt of a
A steady inquiry
advices from the
this staple, and since .
home market an increased business has been done, and
• p 8(4 re. for
,
prices have advanced about 2 re. per candy ; _9.6. rs. per_
Candy has been given for Broach and Surat
Dhollera and oornrawattee, 99,i per candy, and the
amount of purchases reach 8,500 bales or thereaborkuetst ,
mostly en European account for the English ma
For China there is nothing doing, and until affairsin
Canton assume a inure tranquil aspect shippers are not
likely to direct any further missions.
Snu'P's W°ol,.--The market is bare of good qualities,
and the present stock is very inferior.
OIL SEEDS. .Of these there is little on the spot.
LINSEED still keeps up in price, contracts for future
delivery being made at 4i per cwt.
TEEL we quote at 19 and 20 rs. per candy, and rape
31 rs, per cwt.
ITE3II' continues in good demand and scarce, aid what
is offering is of very inferior quality,

.::~,~;

OPIUL—The market has been very drill since the so-1
counts arrived from China, but prices nevertheless have
suffered but a slight decline. Mundleisur stands at 925
rs. ; Indore 915 rs. per chest, and at present there is
nothing doing.
TONNAGII. Rates of freight to Great Britain have been
as low rig 3/. per ton since our last, and even lower for
an uninsurable vessel for Liverpool • but with more
activity in our chief staple, cotton, and a pause in the
arrivals, a firmer tone has been imparted, and for Lon-
don 3/. 7s. 6d., and 3/. 10s. to 3/. 12s. 6d. per ton for
Liverpool is now paying, and the tendency is still to
advance. For China, in the absence of anything doing,
the nominal quotation is 7 rs. per candy.
Exchange has again declined for this mail, in conse-
quence of the supply of bills brought by the last China
steamer being very small, and a very limited amount of
local paper being offered. The sales have not been large,
and quotations are Is. 1i d. for bank bills, ls. Had. to
ls. 1111. for credits, and is. 118 d. for document bills.
A few bank bills were sold at is. Hid., but the above
are our closing rates. On China no bills are offering,
and on Calcutta we quote 99 at 60 days' sight, and 99i
at sight.

BOMBAY MONEY-MARKET.
EXCHANGES.

On London, at six months' sight, per rupee, ls. lld.;
at six months' sight, per rupee, Is. Hid. to Is. 11 15-16 d.
for document bills. On Calcutta, at 60 days' sight,
rupees 9S : 30 days' sight, rupees 98.1 ;at sight, rupees
99i. On Madras, at 30 days' sight, rupees 99 ;at sight,
rupees 99i. On China, at 60 days' sight, rupees 230 to
231.

BANK AND OTHER SHARES.
Bank of Bombay Rs. 1,000 each, 30 per cent. pm.
Oriental Bank Cor- 1 250 do. 90 do.
poration
Commercial Bank .... „ 500 „ 191 per cent. pm. Sales.
Mercantile Bank ...... „ 250 „ 200 15i Old.
Agra Bank „ 500 „ 45 div. exclusive sales.
Bank of Madras „ 1,000 „ 1,000 12 per cent. pm.
Apollo P. Cora. „ 12,500 „ 12,000 19,000
Colaba P. Corn. „ 5,500
Hydraulic P. Co. „ paid up rs. 2,500 6,600
Colaba L. Corn. „ 10,000 ~ 8,500
Cotton Spin. Corn „ paid up rs. 1,000 pm. 1,300
Bombay S. N. Com „ 510 „ 400 58 p. cent. dis.
Gr. Ind. P. R. Corn „ M-8-9 paid in Bombay, or Si. in
England-54 at 8 rs. pm.
Do. New Shares paid up, 10 14 7at U. per share-3 at pm.
Old and New Shares together at 4 rs. prem. per share.

GOVERNMENT SECURITIES.
Four per Cent. Transfer Loan Rs. 106' per 100 Siccas.
Four per Cent. Loan of 1832-33 ... 103 per 100 Siccas.
Four per Cent. Loan of 1835-36 ... 98 to 98.1. per 100 Co.'s.
Four per Cent. Loan of 184243 ... 98 to 98. E per 100 Co.'s.
PRICES OF BULLION.
Sovereigns, each lO 3i 46ths r. Nominal.
Bank of England Notes 10}r. ... per £, nominal.
Spanish dollars
Republican dollars
German crowns ....
Sycee silver losr. to 105ir. per 100 tolas.
Gold leaf (range of
quality)
Gold ingots, according
to touch, for 97 touch 16 15-16ths r.
1 FREIGHTS.

... per tole.

per lola.

To London £3los to £3 12s 6d per ton.
To Liverpool £3 12a 6d to £3lss per ton.
To Calcutta nominal, per rasa.
To China nominal, per candy.

THE CALCUTTA MARKETS.
(From, the Bengal Burkara of Sept. 4.)

..
Since our last issue we have received by the steamer
Bombay the London mail of the 25th July. The com-
mercial advices from home, as far as the colonial mar-
kets are concerned, are much more unsatisfactory than
had been anticipated. The accumulation of stocks of
almost all Indian staples had checked speculative de-
mand, and in many instances a fall in prices had been
the consequence. These unfavourable accounts have
had their effect on our market by increasing the distrust
which was already generally felt in commercial quarters,
and causing greater depression in our market. Under
such circumstances, the amount of business done during
the week has been on a very moderate scale.
By the steamer Paou Shun, which arrived here from
China on the 31st ult., we have Canton dates to the 4th
ult. Trade was almost at a stand still, and the attack
on the city was hourly expected. Great excitement
prevailed both amongst the Chinese and the foreigners.
Opium had declined to 3335—the lowest we have known
for some years past, and which will, no doubt, entail
heavy losses on the shippers.
Our market for British cotton piece goods remains
quiet and dull, dealers keeping back with the expecta-
tion of obtaining their wants on more favourable terms.
Large arrivals are expected next month, which wilt pro-
bably bring down the prices considerably.
In metals very little has been done this week, and
prices are almost the same. Though the demand for
copper does not seem to be so brisk as some time ago,
yet holders are firm.
Our Money Market remains On same as before, abun-
dance of funds and accommodations obtainable on very
reasonable terms. Not much doing in Government se-
curities, cf which the following are the ruling rates :
Transfer Five per Cent.... Rs. 3 0 oto 3 8 0 prem.
Old Sicca Four per Cent 2 0 oto 2 8 0 dis.
Co.'s Rs, ditto 1 0 oto 1 8 0„

The Share Market stands as fellows :
Bank of Bengal Shares Rs. 6375 to 6400 each
Agra and U.S. Bank
North-Western B ink
India General Steam 1075 PP
Assam Company
Bengal Oval Company
Bonded Warehouse

Calcutta Steam-tug Association 1050 to 1070 „
EXCHANGE.—We have no alteration to notice since
our last, and quote six months' sight papers.
_ _

Bank bills at le. 113 d. to Is. 111 d. per Co's
Ist class credits at ls. 111 d. to ls. 110. ditto ditto.
Documents.. Is. 113 d. to is. 110. ditto ditto.

FREIGHTS.—The rates continue almost the same as
reported last. The arrivals during the week have not
been large, and all the tonnage available has already
been secured, though there is not much doing for Great
Britain ; tonnage for seeds and jute is wanted, and of
the former a large quantity is offering. As regards the
country trade some activity prevails, and a good trade
is reported.
INDIG',O.—The season is now approaching to a close,
and it is evident from the result that the estimates of
the crop will have to be materially reduced. Even the
factories in the upper provinces do not hold out such
good prospects as before. We have nothing doing in
our market. Exports in August :
Chests. Maunds.
To Great Britain
North America 65 252

THE MADRAS MARKETS.
(From the Madras Price Current, Sept. 8.)

Since the date of our last issue the market has received
some accession of British manufactures, but there is no
marked improvement to notice, though there appears
to be a better demand for some descriptions, but holders
being desirous to realise their stocks have been obliged
to reduce prices in many instances. In piece goods
there is a steady demand for shirtings of good quality.
For cambrics, bleached are the only kind that are
in demand. Bleached jacconets of superior quality con-
tinue in fair request. In mulls the bleached descrip-
tions are more saleable than the grey. In book muslins
there is no change to notice. In lappets there have been
no transactions reported. Turkey red goods of superior
quality and colour continue in good request, and the
stock in first hands are very low. For navy chintz the
demand is inactive, but cloth of good stout texture inter-
mixed with orange sprigs is saleable. Some grey twist
has been sold, and prices appear steady. In orange very
little has been done, but thread of good quality and
colour is saleable at our quotations. In Turkey red
there have been no transactions. In metals, copper iron,
lead, and spelter continue in fair request, and, as there
is very litt'e doing, prices have not undergone any mate-
rial change. Tin plates are improving, but quicksilver
continues dull.

COTTON.—The western crops, as mentioned in former
issues, have completely failed this season from drought.
The Tinuevelly district was more fortunate, and the crop
there promises to be above the average in quantity, and
to be good in quality. The price for first sort Tin-
nevelly, deliverable at Tuticorin, continued stationary
for some time at about 54 rs. per candy, but our last
quotation is 561 re. The crop of this description of
cotton is estimated at 30,000 candies, two-thirds of which,
or thereabouts, will probably go to England, and the
rest to China.

COFFEE.—Purchases of this article are being made
at from 80 rs. to 87 8 rs. per candy, as it arrives from
the Mysore and Salem districts, where the cultivation is
increasing.
RICE.—The high prices still current, the - result of
the drought with which we have been inflicted, check
exports of this article, except to France.
INDIGO.—The present season may be considered the
most disastrous on record. There will be no Madras—
i. e., southern indigo—and very little Kurpah, and that
of inferior quality. The cause is drought. The cultiva-
tion of this dye almost always suffers either from too
much or too little rain, and it is really quite time that
the water element in this part of the world should be
brought under control, by science applied to public
works.
The export of indigo from Madras, for the twelve-
months ending with 30th May last, amounted to
21,10,903 lb., and the export for the three months end-
ing on the 31st ult. is 1,20931 lb., against 4,42,853 lb.
during the some period last year.
OIL SEEDS.—Some small sales of linseeds have taken
place at 20 rs. to 21 re. per candy. In other descrip-
tions there is scarcely anything doing, as the market is
bare of supplies. At the northern ports prices have
advanced in consequence of increased demand ; but
as the prospects of the ensuing crops are looked
upon favourably, it is expected that in a few months
hence Gingely and other seeds will become cheaper.
PIECE GOODS.—From the depressed state of the home
market from Indian cotton manufacturers there is very
little doing in blue cloth or handkerchiefs at present.
SUGAR.—This has also been a disastrous year for what
is known as Madras sugar, the export of which, for the
seven months ending 31st ult., is 440,788 maunds, against
1,058,408 maunds, for the same period last yeau. The
districts of Garijarn, Vizagapatam and Rajhamundry
have been more fortunate, and from them no great fall-
ing off of export is anticipated. The hydraulic works
set on foot by Colonel Cotton in the latter district have
been of essential service.

S.ILTPETRE.—In fair demand for export, but the mar•
bet is bare of supplies. For good quality our highest
quotation would be given.
RED WOOD.—In good demand for shipment to Eng.
land, but there is very little procurable at present.

SHIPPING INTELLIGENCE.
BOMBAY.
An ivals.—Aug. 27—The obip George A,rkle, Hooper,