The Sun.
London, England, 1840-03-13 00:00:00

MONEY MARKET.

Hurkaru Office, Calcutta, Jan. 10.
The overland mail of the 15th ult. carried with it a
fairer business than we were led to expect.
At the time of our writing our last, it cannot be suprising,
when we state that the active preparations did not com-
mence until about the morning of its departure, that we are
again placed in an equally, it not more awkward position ;
here we are within a day of the safest day, and nothing
doing ; we may attribute this slowness to the non-arrival of
the November mail, which is expected to bring favourable
intelligence. We do not see any prospect of change until
the arrival of the mail. Our malt market has been
stationary, and the transactions since our last have not been
extensive. Bank Bills, 2 oi, Company's rupee ; Treasury
Bills, 1 11 ; Bank Post, 2 Os. ; Bank Shares 10 to 10 4 ;
Private bills without documents,t2 ; Government Se-
curities--the only change that we perceive in these se-
curities is the Four-pet-Cents. which have been gradually
coming down in discount. We quoted them in our last,
4 12 to 5, they now stand at 4 to 4 6.
The operations of Bank Shares hare been very limited,
the near approach of the time for the declaration of the
past half-year's dividend will deter any immediate change.
We perceive the Bank of Bengal has declared a dividend
of 71. per cent, per annum or 145 rupees per share; The
Union Bank will not declare any before 15th Jan. next,
when it is expected it will give 8 per cent. per annum.
Money in great abundance—perhaps more than there is
ready employment for ; we are led to believe so from the
circumstance of the large capital still invested in the pro-
hibited and baneful opium trade.
Discounts remain unchanged. Interest on loans vary
from 4 to fl per cent., according to the respectability of the
party borrowing.
In bullion we have no transactions. Sovereigns have
been selling at 10 2 to 10 4; and Bank of England notes,
10 2 to 10 3.

Commercial Report—Our market, with few excep-
tions, may be considered as still in a, depressed state, owing
chiefly to the derangements in the opium trade, in which
almost all 'the up country traders were engaged, and
from the last accounts received from the Upper Pro-
vinces, the markets at those places do not appear to have
as yet recovered from the effects of this trade. In indigo
our market has been somewhat quiet, by the holders being
unwilling to sell at any reduction, and shippers showing no
disposition to purchase, anxiously waiting the arrival of
the overland mail. There have been seven public sales
held since the departure of the last mail, at which the
buyers were principally French, Americans, and Arabs, at
prices showing a reduction of five to seven rupees par
maud on good middling consuming qualities. A few lots
were purchased for the English market.
We have received the Antwerp paper of yesterday's date.
HAGUE, MARCH 10.—The King and Royal Family re-
turned yesterday from Amsterdam.
EXCHAXGE AT AMSTERDAM, MARCH 10.—The market
for the national funds has not been more animated than
yesterday, owing to some sales being effected.
A calm prevails in the foreign funds. Ardoin's Spanish;
a little done, at lower rates.