The Sun.
London, England, 1841-03-11 00:00:00

COMMERCIAL NEWS.

(From the Bombay Times, Feb 1.)
The market during the month has been dull and inanimate
for the season of the year, and although there have been rather
extensive transactions in British piece goods, yet sales in gene-
ral have gone off with little spirit, and in most cases at slight re-
duction in prices as compared with the previous month. The
low prices of manufactures in England have induced a desire to
keep stocks in first hands here as low as possible, and thus rates
have been submitted to which might not otherwise have been
accepted. There is now, however, more firmness among
holders, which will check the downward tendency, and prevent
further reductions.
For gray sheetings there has been a little inquiry for the
Arab market, and sales to the extent of about four thousand
pieces have been effected at from 9 rupees 10 for 50 yards by
33 inches, to 144 rupee 3 for 65 yards by 36 inches.
Grey longelothi have been sold only to a limited extent at
rather reduced prices. Our returns show about 6,000 pieces,
36 to 40 inches by 36 to 40 yards, as sold at 6 rupees to
10 rupees.
In bleached goods rather more has been done than in the
past month, and about 7,000 pieces of bleached longcloths
from 34 to 36 inches by 38 to 40 yards have been sold at from
54 rupees to 10 rupees 10. Of bleached Madapollams, how •
ever, we have heard of only about 4,000 pieces at 2 rupees
to 5 rupees 3. Bleached muslins of all descriptions continue
very dull, and only saleable at low prices. About 8,000
pieces of jacconets have been sold at from 2% rupees to
5 rupee: 2, and mulls, to the extent of 2,500 low numbers, at
2 rupees per piece of 10 yards, and 3 rupees 10 per piece of
20 yards. In lappets rather more has been done, and about
10,000 pieces, mostly low and assorted qualities, have been
sold at 14 rupees to 2 rupees 14. A few book-muslins,
of middling qualities, have been sold at 2i rupees, and
dorias or striped mulls at 24 rupees, and striped and checked
jacconets and satin spots at 3i rupees to 4 rupees 11 amiss.
Printed goods have been much neglected during the month.
Some pine and neutral sets have been sold at 5 to 6 rupees.
Dyed or fancy ground plates at 4to 4 rupees 5. Furnitures
at 6i to 7 rupees 6. Bengal stripes at 3 rupees 10, and printed
garments at 4 rupees 10 to 6 rupees 15.
Woollens continue dull of sale, but prices pretty steady.
There have been some sales of coarse starlets at 1 rupee 3 per
yard.

Twist —Mule has been sold during the month to the extent
of 200,000 lb., but generally at very low prices, particular for
numbers above 40, which are unprecedentedly low, even as
compared with the prices of inferior numbers. The following
are the quotations :
No. 20, 30, 40, 50, 60, 70, ;0, 90

66, 8 8-6, 9i, 10, 10 to l 0 11, 124 annaA per lb.
Of water twist about 30,0001 b. have been sold at 71 for No.
20s, 9 to 9i, for No. 30s, and 104 for No. 40s.
Metals have b: co steady during the month, but demand not
active.

Copper sheets and sheathing have been sold at 611 rupees
per cwt., and nails ;It 101 rupees.
Iron-bars arld na 1-rods have realized 40 rupees to 40* rupees
per c .ndy ; reds are in no request, and sheet has said at 7 ru-
pees per cwt.
iince the reee:pt el last a.t.Tounts from China cotton has
be, n gradually billing, and Ilroit,:h has recently been pur-
chased at 108 rape 's, Orin race utty 96 rupees to 100 rupees,
„Dollers, and Barse, 96* rupees to 97 rupees, Compta and
rupees, Potachie, Mangalore, &e., 88 itb.ees to 90
rt!pees. Very little of the new crop has yet arrived, but may
be expected early in the month, when what remains of the old
must decline. As- the ships now loading for England will
carry full 25,000 bales, it is not improbable that, with what is
Joo.iing also for China, the market will be nearly cleared of the
end crop.
ctrool has been pretty steady at from 127 rupees for Malwa
to 13.5 for Khorasan. There is very little of good quality at
grket however. _ . .

judge there is htt:e doing in, and prices remain at 35 rupees
to /I 8 PlipedS per maund.
0! pepper th!re is but little at market, and prices may be
quoted at 75 rupees for Mahler, and SO rupees for Butcolo.
Mocha coffee still keeps up, and stocks are light ; present
prices, 111,4 rupee.; to 13 rupees per maund.
Exchange on England continues at 2 014 at 2 ON, six
months' sight, though good bills are rather difficult to be ob-
tained at the latter rate.
Freights to England have rather advanced, and may now be
quoted at 41. Rnd 41. 4s. to London, and 31. 17s. 63. to 41. for
-Liverpool and the Clyde. At the beginning iS the week rather
higher rives than the above were asked, but nothing beyond
our quotations have since been offered or oblairted.
To Ch ina' 20 rupees to 21 have been gix:en per candy to Macao.

MEMORANDUM
PAP OF EXCHANGE FORCOMPANY'S
, , tke.
CURRENT VALUE OF GOVERNDIENT SECURITIES.
Buy. Sell.
Five per cent. Loan of 1825-26 Rs.as. Rs.as.
From No. 1,154 to No. 3,000
Five per cent. Loan of 1825-26
From No. 3,001 to No. 6,000
Five per cent. Loan of 1825-26
From No. 6,001 to No. 10,000 llO-8 111
Five per cent. Loan of 1825-26
From No. 10,001 to Nu. 15,200 lll-8 112
Five per cent. Loan of 1829-30
Four per cent. Loan of 1832-33
Four per cent. Loan of 1835-36
Company's Rs ..........
Five per cent. Transfer Loan, 1834-35 ll4-8 115
COURSE OP EXCHANGE.
Rs. as.

Rs as.

Bills on Calcutta, at 30 days' sight, Corn-
pany's
Bills on Madras, at 30 ditto ditto 9B 0 93 8
Bills on Canton, at 60 ditto ditto per
100 dollars
s. d. s. d.
0 24 0 21

Bills on London, at 6 months' sight
Bills on London, at 30 days' sight (Cey
Government)

0 2 1 11

PRICE OF BULLION AND SYCEE.

Buy. Sell.
Rs. as. Rs. as.
Spanish dollars, whole, per 100 220 8 221 0
Ditto, broken, per 100 .
German crowns, per 100 213 0 213 8
Sovereigns, or Bank of England notes,
per pound sterling .. 10 8 10 12
Sycee silver, large ingots, per 100 Tolahs 104 0 104 4
Ditto, smallingots, per 100 Tolahs

official instructions to " protect" all the Greeks who might
demand their assistance against local oppressions. At Damas-
cus a circular letter had been addressed to the resident Consuls
by the Archbishops and Bishops of all the Christian sects and
churches of that country against the persecutions practised on
the Jews. After receiving the Sultan's envoy and fiimans on
the 20th ult., Mehemet Ali visited and inspected the Great Li-
verpool steamer.
Mehemet Ali gas very busy in raising money, and had de-
manded a loan of 100,000 dollars, without interest, for a year,
from each of seven of the principal houses in Alexandria, It
was expected that he would obtain it, notwithstanding the sin-
gularity of the demand, and the precariousness of his position.
ALEXANDRIA, FEB. 17.

Ibrahim Pacha is still at Gaza with the remains of his army,
now reduced to 5,000 men. His father has been in great
anxiety respecting him since he became acquainted with the
intended treachery of the Turks to permit his forces to become
weakened at Gaza by exchanges and embarkations, and then
to fall upon him and the remainder, and to exterminate them.
I understand that the British officers on the coast (Colonel
Rose, Major Wilbrahim, Captain Stuart, &c.) had considerable
difficulty in persuading them to forego their atrocious scheme.
Ibrahim would probably have embarked for Damietta on the
14th inst., if the severe N.W. gales had not cut off all com-
munication between the shore and the shipping. The captain
of the Haji Baba steamer, which was waiting to receive him,
believing his vessel to be in danger, slipped his cable and stood
out to sea to save it. He returned hither on the 15th, merely
bringing the news that Ibrahim was better, and that the ves-
sels remaining there, two frigates and two brigs, were in great
danger of driving ashore, especially as they had all suffered in
the previous gales.
If we are to believe the official news from Constantinople,
everything has been arranged in favour of Mehemet Ali, for
the firman restoring to him the government of Egypt in ktre.
dice has been publicly read, and we are now in expectation of
the speedy arrival of the Commissioners, who were to leave the
Sublime Porte on the 15th instant, bringing a splendid dia-
mond decoration to throw a brilliancy over the reinvestiture
of the Pacha, &c. ; but private advices exhibit things in a
very different light, and anticipate anything but a reign of
peace and good will towards Mehemet Al Ostensibly every
justice will be rendered to him, but the " certain just and in-
dispensable conditions" alluded to will be made as onerous as
possible ; in fact, impossible to fulfil, either to the letter or in
spirit, and so as to leave the unfortunate Pacha and his heirs
at the mercy of the Sublime diplomatists to the end of the
chapter. The strict and hasty enforcement of the treaty of
commerce and navigation with England would alone suffice to
upset all existing financial arrangements in Egypt, and compel
the Pacha to declare himself bankrupt; for everything here is
a State monopoly, conducted on the most coercive and in-
deed ignorant and wastefulsprinciples; but, although England
will, of course, have patience and consideration, it does not
rest with England to save him harmless. The Sultan may
claim the right to enforce the Hatti Sheriff, and this also
involves the total alteration of all social, administrative, and
productive arrangements in Egypt. Every native here
is the Pacha's slave, and he works and treats them accordingly.
If it were once ruled by the Sultan that' the labourer wor-
thy of his hire," and that the labour is his personal property,
Mehemet Ali could not move a step comme I'ordinaire, with-
out committing the high treason of disobeying him.
We hear that the four Consuls-General are speedily ex-
pected : their flag-staffs are even now in progress of re-erec-
tion. Colonel Rue, of Leghorn, it is said, comes to replace
M. Cochelet, on the part of France ; and a M. Kudriac,ky
comes in lieu of M. Laurin, on that of Austrial

FEBRUARY 22.
We have arrived at a serious crisis in the affairs of Egypt.
Submission has been made, pardon granted, power restored,
and official formalities fulfilled to the letter, yet there is " no
peace," nor any prospect of it at present The Sultan's fir-
mans have arrived, and been received with all the honours.
The Pacha declares his gratitude and high contentment, and
is more dissatisfied than ever ! He accepts his restoration, of
course ; but protests-against the conditions " with whi:h his
enemies would fetter the Sultan's act of grace," as alike din-
gerous to his power, his honour, and the existence of himself
and his family !
The first firman conveys the Pacha's pardon and restoration
in Iseredite to the Government of the Pachalic of Egypt.
The second declares the necessity of the practical execution
of the Hatti Scheriff of Gulhane, and that the Pacha shall not
build any more vessels of war without the permission of the
Sultan.
The third nominates Mehemet Ali Paella of Sennaar,
(a Lew title in the Ottoman Empire), and expressly pro-
hibits the practices of hunting for slaves and making eunues.
The Pacha declares himself perfectly sati-fied with the -e
written conditions, but very dissatisfied indeed with some
which the Envoy Extraordinary has announcel to hire es not
less indispensable to accede to. These are mid, rsteod to he
his recognition of the Sultan's military, naval, c ,threere'al,
and financial commissioners, who are to reside here to rseist
him in the administration of these departments. 't he tle:ee
:,ears'adebt of tribute is to be paid up under the supeeeiten-
denee of this commission (it now amounts r o 17,010,000
pi-sters, or 170,0001., which the Paella -does cot etspuie:,
end the future years are equally to be entrusted to their
charge, but under a new valuation,—a proportion of the
entire revenue of Egypt, which, on dit, is intended
to he taken at 25 per cent. The -Commercial Commis-
sioners will chiefly have to see the Treaty of Commerce
and Navigation with England fairly earriel out—a point
which the Paella has frequently promised to fulfil when lie had
a little leisure ; but on which, in fact, nothing has yet been
dune. In naval matters, it is understood, only a partial eis-
arming of his large fleet will be demanded at present ; but the
contemplated changes in the military department are extensive
and sweeping. The army will, it is said, be required to be re-
duced to 20,000 men, and the Paella precluded from nominat-
ing to a higher rank than an Adjutant without the appreba-
tion of the Porte. The affair of the individual succession is
to be reserved for the especial consideration and choice of the

Sultan ; and, when the occasions shall severally arse, he is t

exercise the privilege of nominatingto the Pachatek of Egypt
whichever of the family of Mehemet Ali he may deem inoi.t
fitting to assume the reins of Government.
The last requisition is deemed by the Pacha the most in-
supportable of all Ile has openly declared to Commbdore
Napier that he will not submit to such an interference with
his paternal authority, nor consent to an arrangem,nt
would clearly be made the means of seeing the seed of discord
and death amongst his offspring. lie has not, I underst“nd,
much objection to the appointment of the Naval and Com-
mercial Commissioner;, especially as these may be considered
henceforth almost " British departments" in the Levant but
he avows that the appointment of the other two (finan,ial aid
military) authorities would virtually deprive him of all prac-
tical powers of government, and render his authority and titles
mockeries un,ubstantial and dangerous. The Commodore ap-
pears much interested in the fate of the Pacha, and awaits his
answer to the Sultan's Envoy before he sets out to join the
Admiral at Marmorice. At present he expects to leave this
to-morrow in the Stromboli steamer.

The presents sent by the Sultan consist of the 0-der of
Nishan Iftikar in brilliants, a sabre, a harvani or robe of ho-
nour, and a fez, with a chaleuk or aigrette of diamonds in the
front. The Pacha has accepted the first, second, and third, as
marks of investiture, but begs to decline the ornamental cap,
as not well becoming his aged head.
His son Ibrahim was safely landed at Damietta by the Haji
Baba steamer, which arrived here yesterday from Gaza (to-
gether with the Nile), bringing Lieutenant Loring, of the
Carysfort, and the remnant of the Egyptian army, whose safe
departure he had stayed to 'witness both by land and sea.
Ibrahim is much better for his repose at Gaza, and the attend-
ance of the surgeon of the Benbow—not the surgeon attached
to the staff of General Jochmus, as we had been erroneously
informed. It appears that this officer will have a serious ac-
count to render for the consequences of his proceedings in op-
posing the retreat of Ibrahim, after positive ordtrs to the con-
trary from the British officers in authority on the coast. We
are assurred that no less than 12,000 Egyptian troops, beside
women and children unnumbered, fell a sacrifice to the vin-
dictive policy which he followed up so pertinaciously.
Mehemet Ali appears to have made up his mind that he must
be prepared to defend himself eventually, for he had ordered
(previous to the arrival of the firmans) the French Colonel of
Engineers still here to make a survey for the execution of pro-
per fortifications around Alexandria.
We have more bad news from Syria. The Sultan's Alba-
nians stationed at Beyrout have quarrelled with the moun •
taineers of Lebanon, and the latter are now shouldering their
muskets on their own account, ready to set Sultan and every-
body at defiance. Next, the plague is making progress at
Jaffa, Acre, and along the Syrian coast. Lastly, the Jews at
Damascus are in trouble again, as appears by a circular letter,
dated the 24th January, signed by the archbishops and bishops
of the various Christian sects and churches of that Pachalic,
and addressed to the several European consuls residing there,
praying them to use their influence to put a stop to the perse-
cution to which the Jews are now subjecting them.
The homeward-bound Turkish fleet was met by Fird Bey
off Kalymos, on the 16th February, and Walker Pacha's ship,
the Mahmoudieb, in the Sea of Marmora.

The Pacha had expressed his intention, from the first ap-
pearance of the Great Liverpool steamer in his harbour, to
visit and inspect it; and on the arrival of Captain Engledue,
on the 19th inst., informed him that he would have the plea-
sure to go on board the next day. The next day, then, al-
though the Sultan's Envoy Extraordinary arrived with his fir-
mans of investiture, he contrived to fulfil his promise subse-
quent to the audience, and at 2 o'clock appeared on board of
the steamer, accompanied by Hekekian Bey and Khosrew Ef-
fendi, as interpreters, Sami Bey, Ackmet Ferzi Pacha (the
traitor), &c. He entered the cabin and seated himself about
ten minutes, admiring the happy combination of arrange-
ments for ornament and use, but refusing to partake of any
refreshment. He was afterwards conducted through the ves-
sel by Captain Engledtie, inquiring into the uses and ad-
vantages of the various novelties that presented themselves ;
and even carried his curiosity so far as the cowhouse. He
examined the wool of the fine breed of sheep 'brought
hither in the steamer on theirfiwneayEtongllnisdhia,paign;d
hwaited
pipa-
tientlyg to be introduced to
was obstinate, squealed lustily, and would not be presented.
Captain Engledue next exhibited' the effect of a new detonat-
ing lock for cannon of s own invention, and at the Pacha's
dssire placed it in the hands of Mohamed Bey, the naval
dore Napier, Commander Williams,T
ar-
chitect, to have some made
on hosed the Gifireoaut or the Egyptian guns. Commo-
"Ptaonwieidtnieliss the ex
i and Fird Bey had also as-
sembledll3-ivertool, and at the Pacha's invi-
tationoard. is own three-decker Accra,
o r ~
isiaoc.co6m,
eerocise of the Egyptian sailors at
their guns. The performance,
annl.htt French system, was as
pgoleGad:dasweiothaltdhweeellohmemexependetateidpon,:e's
voifoutlsieinvi.titish officers. Sub-
sequently, appeared much
exorcise of the Britishlat navy, and , Captain En-
nbtythtrhoeugPh atehhea'esx
gseieqduumeitmlye,
ex-
plained the points of difference, with the 0.(
from then. The Pacha has ordered that a number eh' arising
who speak English, shall be in readiness tis young
men, 0 receive the
instructions Engledue onhis next • •
of Captain visit to Alexandria.
' Engledue is further charged to bring out to Egypt for
Captain
,for the river Nile, of the --
the Pacha a small moat im-
proved construction.
The Great Liverpool performed the trip this time as fol-
lowston at 8 a.m. on February,
;--It left Southampton. the Ist of
at Falmouth -
January; arrived mouth at
with the mails of the 31st of
half-past 2 a.m. onhe
the 2d of February, and left at 3 pan.
(t
same. day, with the mails of the 30th only
station enabling the Post-office to .despatch the mail next after
ffice t •
that already sent to Falmouth);
arrived
bad passage, at 7 p.m. on the 9th of February, and sailed at
. arrived
at
1 a.m. on the 10th, after six hours' stoppage ,
at 11
Malta at 2 a.m. on the 14th ; stayed 21 hours, and left,,
p.m.• ..
p.m- on the same night, and arrive
on the 19th instant. The outworks of the raddle-boles
,suf-
fered something in the heavy weather off Gibraltar, and the
Pacha's workmen are now engaged upon the repairs with all
the aid which his arsenal can afford. He will not hear of any
rem uneration.
I:he plague continues in Alexandria, and is still on The ins
ere Ise. The entire of last month the cases were only .12,
out of which 20 are marked deaths. Of this month < n:y 22
dal s are elapsed, and we have already 3) cases, cut of which
16 have been fatal. Dr. Grassi is pursuing his mission at
Tanta., on the Nile, where the great fair is held evei y An-
gut ,t, followed by another in a neighbouring town, named
ftic,haleb Kebir. The plague is scarcely ever out a f there
t yrc , places, 17 died in Tanta per diem last Augirit, rud
sin. ce then the cases have been varying with the midation,
which still keeps up, in consequence of its commercial repute,
the t love of traffic
still attracting crowds of strangers tinitlifr,
de spite of its pestilent h • bilitics.i The cases there jWA 71057 t.re
t
ne irly similar o those decurring in Alexandria—from two to
the cee per diem.l
The small-pox is at present a more deadly vourge 'in Egypt
',than the ordinary plague, At Alexandria 267 died of the.iis-
,wase from last April to December inclusive. Last month i 4