The Sun.
London, England, 1849-10-03 00:00:00

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sizty-five lees of rupees have been invested in this w,y
since the 184 of January last. 'The Bank of Ihinbay
grants loans upon good security at 5 per cent., and in
some instances we believe only 3 per cent. has been
charged. The Oriental Bank has reduced its rate of in-
terest to 4 per cent. on current accounts.
Governm-nt Securities—The mark, t has been rather
inactive during the past week, but there was pre-
viously a good demand for New Five per Cents. for
remittance to Calcutta, the rate for bills being unfavour-
able for purchasers.
Freights—The market has been characterised by
great firmness for some time past, but the great scarcity
of cotton in the place has prevented engagements being
very large, or any material rise in the rate taking place.
The following are our quotations:—To London, 31. ss.
to 31. 7s. 61 per ton; to Liverpool, 31 7s. 6d. to 31. 10s.
per ton; to China, irs. to Brs. per candy; to Calcutta,
375r5., for salt, per rm.
Exchange—The demand for bills for this mail has
not been so extensive as was generally expected it would
be. Some houses have been bu) ing Sycee instead of
bills at what they call " the present low rate of ex-
change," namely, Is. 10/d. for first-class American cre-
dits, six months' sight, and the same for the best local
signatures and Oriental Bank drafts. On the arrival of
the China mail, a few bills changed hands at Is.
10 5 16d , but on the banks entering the market as pur-
chasers brought the rate down to Is. 101 d. Decument
bills have been sold at Is. 10i I. to 7 16d. six months'
sight. There is no great demand for bills on Calcutta
at present
Cotton Piece Goods—This branch of our business has
been very active during the last five weeks. The im-
portations have been very large, and the sales to a cor-
responding extent. Latterly, however, owing to the
dealers from the interior having been unable to take off
supplies to the extent they anticipated, business has
again been somewhat slack, and rather lower prices are
offered. Grey jaconets have been in active request, at
first-rate paying, rates. Grey shirtings have realised
considerable profits, although the rates accepted have
to some extent been under those prevailing prior to the
monsoon. The same remark is applicable to grey
madapollams. There has been a more limited inquiry
for domestics during the last month, and the prices
offered show a decline on the rates ruling before the rains
set in. Bleached goods have been sold to but a very
limited extent comparatively—indeed for the fine quali-
ties there is scarcely any demand. Lappetts of all kinds
are not in much request, but the season for these is not
yet sufficiently far advanced to be able to judge of what
the probable demand will be. Turkey red cloths have
been in active request, at better prices than those ruling
at the date of our last.
Cotton Yarns—The prices obtained for yarn this
month have been somewhat lower than those given in
July, owing, we hear, to considerable sales to arrive
leaving been effected at lower rates than had been ac-
cepted for some time previously. The stocks are not
very large, bat as the imports on the way are extensive,
we do not look fur any immediate improvement on the
present rates.
Cotton—Owing to the scarcity of cotton, and the
recent favourable advices from England, the prices hare
considerably advanced since the last mail left. The new
crop of cotton, which is considered of excellent quality,
is now freely arriving.
Metals—There seems to have been a considerable
business transacted in metals during the past five weeks;
but prices have not been well supported.
Cochineal—The following sale is reported:-6,000
lbs., best quantity, at Rs. 2-11 i per lb.
Spirits, &c.—The sales brought to our notice are:—
rs. 2 4 to 2 8 per gal.; Batavia rum, at rs. I 11/ per gal.;
port wine, at rs. 9 per dos.; sherry ditto, at rs. 9 per
doz.; gin, at rs. 12 per case; ditto, 2 6 per gal.; brandy,
at rs. 8 8 per doz.; Sawur's brewed beer, at rs. 25
per hhd.
CALCUTTA, AUG. 18.—The Bombay express, with
London dates to the 7th ult., arrived on the 14th inst.
The accounts from the home market again show a heal-
thy state of trade in England. The news has had little
effect on business here; a steady demand continues for
exports, and prices are without much alteration.
Demand still runs chiefly on Sugar, and Bonares sorts
are moving quickly out of the bazaar, at full rates. Raw
Silk is neglected, and stock is now on the increase.
Corahs are in moderate inquiry, and in prospect of sup-
ply being soon more abundant, prices are rather easier.
Saltpetre has again declined in value. Rice remains
neglected fur homeward shipment. Jute is in good in-
quiry. Shell Lac and Lac Dye continue saleable.
The sales of cotton goods are large. In Manchester
goods demand runs mostly on good qualities of grey and
white. Prices of these are in general higher, while or-
dinary cloths, being rather too freely supplied, scarcely
maintain former value. Glasgow light goods are mostly
scarce, and anything suited for the season does very well.
Mule Twist is moving out largely, and, with the ex-
ception of low qualities of Nos. 40 and 30, full prices are
obtainable.
Metals have been in improved inquiry. Copper is
wanted, but at lower rates than were current a month
since. The value of spelter is still low, but it could now
be sold. Iron is a little more asked for, but some sorts
are coming out too largely.
There is no alteration in the rate of Exchange on
England, which continues Is. 100. for first-class six
months bills. On China, the rate has advanced to 205
to 206 rs.
Freights to London have had rather an advancing
tendency since the mail came in. To Liverpool a good
deal of tonnage is offering. Present quotations for sugar
are.—To London, 41. 10s. to 41. 15s. per ton; Liverpool,
41. ss. to 4/. 7s. 61

COURT CIRCULAR.
OSBORNE, TUESDAY.
The Queen and Prince were prevented by the rain
this morning from enjoying their usual early walk.
There was no addition to the royal dinner party yes-
terday.
The Countess of Mount Edgecumbe left Osborne this
morning for London.

A Cabinet Council was held at one o'clock yesterday
afternoon, at the Foreign-office, Downing-street. The
Ministers present were Lord John Russell, the Lord
Chancellor, Sir George Grey, Viscount Palmerston, Earl
Grey, the Chancellor of the Exchequer, Sir Francis
Baring, Sir John Hobhouse, the Right Hon. H. Labou-
chere, Lord Campbell, and the Earl of Carlisle.
Lord John Russell and the Chancellor of the Exche-
quer arrived in town yesterday morning from Woburn
Abbey. Viscount Palmerston also arrived in town yes-
terday to attend the meeting.
The Council sat three hours.
Mr. Richard Cobden, Sir Joshua Walmsley, and Mr.
Williams, had an interview with Sir George Grey yes-
terday at the Home-office.

TESTIMONIAL
TO THE HUNGARIAN REFUGEES.

" THE iIUrNGARIAN NATION COUNTS ON THE SYMPATHY
OF EVERY NATION WHICH LOVES RIGHT AND Ll-
DENTY."—Kossuth's Protest against Russian Interven-
tion.

Subscriptions may be scut to the following bankers:—
Messrs. Coutts and Co.
Messrs. Drummond.
Messrs. Smith, Payne, and Smith ;
or to any une of the members of the committee formed
to carry out the Testimonial.

***All further Post-office orders to be made payable tolturdo
Young, Dig., at the Money Order Office, Strand.

Subscriptions already received ... £l,lOO 1 1
From a Few Friends, for Freedom and Hungary.
per A. A., Glasgow—through Lord Dudley
Coutts Stuart, ➢i P. ... ... 5 0 0
H. Pickering, Mahon, Yorkshire 0 5 0
Thirteen Friends. of Hungary, Rose-hill, Brigh-
ton, per Richard Ridley, printer

Total

... 0 13 0

... £1,105 19 1}

PLANS FOR THE DRAINAGE OF THE METROPOLIS.
—Upwards of 100 plans for the drainage of the metro-
polis have been sent in, from different individuals, to
the Commissioners of Sewers, who commence their in-
vestigation of them this day. We believe it will be pro-
posed to refer the whole to the Works Committee, with
instructions to select only, for future consideration, such
as appear to present the most practicability in combina-
tion with the greatest amount of efficiency, and that a
special court will be summoned for the final decision
upon a future day. Mr. Phillips, the projector of the
tunnel scheme, has, we are informed, considerably mo-
dified and extended his plan. He now proposes to dis-
tribute the sewer water for purposes of irrigation. A
descriptive account of between seventy and eighty of the
schemes has been prepared by Mr. Woolrych, the secre-
tary, to assist the Commissioners in their investigations,
and in due time outlines will be added of the remainder.
We understand that the drainage of that part of West-
minster upon which the Improvement Commissioners
have recently spent such vast sums, is likely, owing to
nothing having been don notwithstanding the resolu-
tions of the court, to give rise to a very lively discussion
at an early court.
THE BERMONDSEY MURDER.—Our readers may
recollect that on Saturday afternoon Mr. Solomon, the
solicitor to Mrs. Manning, applied to Mr. Seeker for the
restoration of a letter which she received from Patrick
O'Connor in July, 1847. That letter was stated to be
of great consequence to her, inasmuch as it was sent, to
her while in the service of Lady Blantyre, at Stafford
House, St. James's-park, and related to the purchase of
stock in railway and other securities, she being at that
time in possession of considerable sums of money.
Yesterday
Inspector Yates waited upon Mrs. Manning,
at Horsemongvr-lane county gad, for the purpose of
ascertaining what letter she required, as there were an
immense number of documents in his possession. She
then informed him that the letter she wished to be placed
in the possession of her solicitor was one she received
from Mr. Patrick O' Connor a short time after they be-
came acquainted, that it contained a request for her to
purchase some Eastern Railway and foreign stock. Mr.
Yates informed her that her parcels had been minutely
examined, and no such letter could be found. The only
letter of a public or private nature had been given to her
solicitor, but still some might be at the bottom of some
of her boxes. Mrs. Manning was certain that such a
letter was taken from her by Mr. Moxey, and that if it
was produced it would prove how she became pos-
sessed of the property found on her. She therefore re-
quested Mr. Yates to search her boxes, and produce the
letter. The inspector accordingly left the prison, and
related the circumstances to the magistrate at the
Southwark Police-court, when ho received orders to give
copies of any letters that might be required. Mrs. Man-
ning seems confident of her success, and states to every
person who visits her that she must be acquitted. She
never alludes to her husband.

THE UNITED STATES.

ARRIVAL OF TILE NIAGARA.
LIVERPOOL, TUESDAY NIGHT.—The British and
North American royal mail steam-ship Niagara has
just arrived at this port, having left New York on
the 19th ult., and Halifax on the 22d. She brings
dates as follows :—New York, 19th; Philadelphia,
Baltimore, and Boston, 18th ; Montreal, Charleston,
and Mobile, 17th; St. Louis and Cincinnati, 16th ;
Quebec, 15th ult. She brings a good number of
passengers.
The steam-ship Europa, which sailed hence on the
Ist September, had reached Boston ; and the Cam-
bria, which succeeded her the following week, had
called at Halifax, landed the mails and passengers
for the British North American possessions, and
steamed onwards to New York.
We receive by this arrival the important and un-
looked for intelligence that the French Minister at
Washington has received his passports from the
American Government. The cause is stated to have
been an offensive letter sent by him to the United
States Government, and approved of by the French
authorities, relative to a demand made by the latter
for compensation for losses during the Mexican war,
amounting in the whole to between one and two
million dollars.
There are some later arrivals from California,
bringing one million dollars gold.
The news, conveyed by the Europa, of the fall of
Venice and of the final retreat of Kossuth and the
leading compatriots, had caused considerable depres-
sion amongst the traders in European sympathies.
It was generally thought that Kossuth and the other
Hungarian generals would find their way to the
" land of freedom," where they were promised a
welcome reception.
The bold and determined conduct of the President
in the Rey abduction affair, and latterly in the expe-
dition for Cuba, had pleased both his political friends
and enemies, and given much strength to the Cabinet
party. The precedent of non-interference, which he
has so manifestly established, would, it was expected,
silence to a great extent the Scott, or Canada-annexa-
tion, party in the States. The position of the Cabinet
in the next session looked more promising than it did
some few weeks since.
The Ministry were expected to introduce in the
next session a NI ise, moderate, and permanent tariff
system.
The proceedings of the great New York State
Agricultural Fair at Syracuse continued to occupy
much of the space of the New York, Albany, and
other journals. The fair was very largely attended,
and, to compensate for the absence of President Tay-
lor, a large proportion of the leading citizens of the
United States were present.
Agricultural State fairs are announced in other
districts, on a most extensive scale. One is called
for Baltimore on the 10th, 11th, and 12th of October,
at which the President (if his health permit), the
Governors of several of the States, and the heads of
the various departments at Washington, are expected
to be present ; another also takes place at Buck's
County, Pennsylvania, on the 2d of October.
The Mississippi election (where General Quitman
stands as a candidate for governorship) is looked for-
ward to with much interest by commercial men,
from that gentleman having taken high ground in
favour of repudiating the Union Bank bonds.
Extra sessfors of the Legislatures of Illinois aad
Virginia will be held during October, to elect a
senator and member to supply vacancies created by
the death of the former representatives.
Georgia was to hold its State elections on the Ist of
October. A Governor and twenty-three senators
are to be elected.

The state of feeling existing between the slaves and
slaveholders in the Southern States is represented to
be very bad, and had been much increased by the
desire of the latter to exclude the free blacks from
the slave districts. The ravages of cholera had less.
ened the slave population by some twenty thousand,
increasing the market value in Maryland and
Louisiana.

A proposition from a Liverpool company to estab-
lish a line of steam-ships between that port and
Charleston was creating much attention amongst the
planters and merchants of South Carolina.
A large meeting was expected at Eagle River on
the 11th of October, having for its object the promo-
tion of a ship canal to open up Lake Superior district,
and also to seek a reduction in the price of mineral
lands.

There are very promising accounts to hand of the
new sheep pastures in Illinois. It was expected that
wool-growing would become one of the leading
articles of trade in that state.
The iron and woollen branches of trade throughout
the Union are in a somewhat depressed condition.
It is somewhat doubtful, notwithstanding the many
candidates who are nominated for the post, whether
there will be even a contest for the Speakership.

The reports from Florida are gloomy. Additional
troops were being sent off. Thousands of the settlers
have been ruined and forced to abandon their homes
and professions by the outrageous conduct of the In-
dians. It was feared that, notwithstanding all the
exertions used by the United States Government, the
war would be prolonged for a length of time.
A deputation is at present in Washington as Com-
missioners from the Government of Florida, to sub-
mit to the Secretary of War an authentic account of
the Indian difficulties reported to be existing in the
peninsula portion of the state. Some permanent
measures regarding the distriet,*64ld come before
the next Congress for deliberation.
The Hon. Henry Clay had returned from New
York towards his native state. His reception, on his
entire tour, had been most flattering.
The burnt districts of St. Louis (Missouri) have
been almost entirely rebuilt, and trade, which owing
to the late fire and the cholera had been very languid,
was much improved. A great " fall " business was
anticipated.
Some strange disclosures have taken place relative
to the depressed condition of railway property in the
States, and particularly in the eastern portion of them.
There, as in some cases in England, the capital has
been largely drawn upon to pay the usual dividends.
The extent to which "preference" shares have been
issued is calling forth general reprehension, the effects
of their pressure on the market having been severely
felt. In some instances the stockholders are losing
14 per cent. on every dividend of 6 per cent. they re-
ceive, as money is borrowed at 20 per cent- to pay the
annual or semi-annual dividends. _

We regret to find our accounts of the cotton crop
still more unfavourable. Those portions untouched by
the floods had suffered by the cotton worm. In
Mississippi the crops of several planters had been
destroyed, and the accounts from Louisiana and
Alabama are equally unfavourable. In Texas not
one-fourth of an usual crop is expected.
The rice and grain crops are somewhat more
encouragingly spoken of, but the potatoes appear to
be suffering in many districts from rot and disease.
The overflows in the southern states have done great
damage to the buildings adjacent to the rivers, many
of which are destroyed.

COMMERCIAL NEWS.
The accounts to hand of business generally throughout
the Union are better than they have been for some time
past. The despondency and languor created by cholera
are being rapidly dissipated, and it was confidently ex-
pected that the fall trade would be larger than for many
years past.
The Money Market, although comparatively easy,
was a shade more restricted than at last advices. The
difference, however, was very trifling—scarcely Per-
ceptible. Exchange on llamburgh, 35i to 35k.
The misunderstanding or difficulty with lerance cause d
Stock to fall 1 per cent.
United States Sixes, Ill; Treasury Notes, 110 ;
Pennsylvania Fires, 87.
In the Breadstuffs Market there was the same degree
of dulness which we have reported for some weeks part,
and prices have again receded slightly.
Western Canal Flour, 4 dolls. Vie. to 5 dolls. per
barrel, steady.
Gennessee prime 'Wheat, 1 doll. 18c. to 1 doll. 20c.
per 601bs.
Indian Corn, round yellow, 62c. to 64c. per bushel,
steady.
Indian Corn, flat yellow, 61c. per bushel.
Indian Corn, Southern white, 62c. to 64c. per bu
Indian Meal, 3 dolls. 25c. to 3 dolls. 37ic. per brl.
In Cotton there had been a fair amount of business
doing at New York, and former quotations were ateaiily
maintained.
New Orleans and Mobile mid. fair to fair, 11i to 11
cents per lb. Upland mid. fair to fair, 10i to 10i cents
per lb.
Provisions continued very dull, both in price and ex-
tent of business.

Freights are also very low.
Exchange on London, 109 Z to 110, very quiet market;
Paris, 5 27, few sales; llamburgh 35 6 to 35i; Bremen,
78i to 734.