The Sun.
London, England, 1846-09-22 00:00:00

EVENING

SEPTPIIITIVIt 225 IP4®.'

had time to ponder quietly over what he has seen,
and compare the impressions made upon him by the
different countries he has seen, it is very satisfactory
to Englishmen to hear his Highness pass the warmest
eulogiums on Great Britain, its institutions and its
industry. His Highness has said that England is far
advanced of the other. Powers, and is making rapid
strides onwards, whilst the latter are very slow in
their progress.
Researches are still being carried on in various
parts of Egypt for fossile mines, and some small
quantities of an inferior quality of coal have been
discovered in the upper country, near to the town
of Keneh. The reports of the English engineers
employed in these researches are not favourable.
However, since Ibrahim Pacha's return from Eng-
land, he has taken great interest in them, and Me-
hemet Ali evinces great anxiety for success, so that
the works are being pushed on with vigour. The
opinion expressed by many geologists is, however,
that the soil of Egypt and the surrounding desert, is
not adapted for the formation of coal, and that this
fossile will never be found in sufficient quantity to
defray the expenses of working it.
There has been a slight disturbance in the Shar-
keeyeh, or eastern province of the Delta, but it was
caused only by a few fellahs resenting the extortions
of their superiors, and it was soon put down.
The French war-steamer Gregeois arrived here on
the 2d instant from Algiers and Tunis with a cargo
of Arab pilgrims bound for Mecca. To conciliate
the Arabs the French send a steamer every year to
Alexandria for the accommodation of those intending
to visit the shrine of the Prophet at the Hedjaz.
Ahmed Bey, Chamberlain to the Sultan Abd-al-
Medjid, who accompanied the Viceroy on his recent
visit to Constantinople, returned here yesterday from
Cairo, and proceeds to Constantinople to-morrow, in
the steamer Nile, which has been newly painted and
handsomely fitted out for the purpose.
The chief Rabbi of the Jews died at Cairo last
week. An intimation of this event having been
given to the Government, Ibrahim Pacha, with a de.
gree of toleration and freedom from bigotry which,
considering that his Highness is a Mussulman, is de.
serving of great praise, sent a company of 100 sol
diers and a military band to join the funeral proses
sion and do honour to the defunct.

Intelligence has been received from Beyrout up to
the 6th, and Damascus to the 3d inst. The accounts
from Syria present nothing of interest. There is the
usual monthly. occurring changes in the Governors of
the provinces,—a new Pacha for Damascus, a new
Pacha for Aleppo, and a new Pacha for Saida,—a most

ruinous system for the country, as the various Pachas
knowing that the tenure of their offices is very limited
make most of their time by using all possible means to
extort money from the natives, without caring for the
consequences. Throughout Syria great interest seems
to have been taken in Mehemet Ali's late visit to Con-

stantinople, which the natives connected in their minds
with his return to power in that country—an event which
to all appearance would be hailed with pleasure by
Christians, Moslems, and Jews. The present system
of government in the mountains, carried out
as recommended by the European Powers, does not

seem to act satisfactorily. 10,000 Russian Jews
were expected to arrive in the Holy Land to settle
there. This number will add about a third to the
present Jewish population in Syria and Palestine.
Great preparations were being made for giving un-
usual splendour to the caravan of pilgrims which is to
start at the end of this month from Damascus for
Mecca, and the mother of the Shah of Persia was
expected to accompany it. The Sultan has sent out
from Constantinople engineers and workmen to re-
build and repair the different caravansaries and for-
tresses on the Hadj, or Pilgrim-road, from Damascus
to Mecca.

It was reported at Beyrout that the Pacha of Jeru-
salem had, by treachery as usual, seized upon the
persons of the principal chiefs in his district, and
amongst others, the famous Sheikh Abou Gosh, who
has for a long period given so much trouble to the
Turkish Government.

FIVE O'CLOCK, P.M.
No intelligence has up to this hour been received
of the arrival at Suez of the Hindostan, which was
expected there from Calcutta on the sth inst.

The French steamer, Egyptus, sails for Marseilles
direct early to-morrow morning.
ALEXANDRIA, SEPT. 10, Two A.M.

,
Intelligence has just been received here of the
arrival at Suez yesterday of the Peninsular and Ori-
ental Company's steamer Precursor from Calcutta,
which place she left on the Bth of August.
There is no news of importance.

By this opportunity we have not received from
Bombay any later dates than those brought by the
Akbar, which sailed from Bombay on the sth of
August.

year's out-turn. We stated in our last, that a'though
many concerns in Kishnagur and Rajeshaye had plenty
of plant, they would require unusually fine weather and
low rivers to enable them to do any good, and our anti-
cipations as to the improbability of this have been fully
realised, constant rains having completely ruined the
late sowings, and rendered the result even of the earlier
ones very uncertain,- so much so in fact that the-estimates
from some large concerns range from 50 to 75 per cent.
under last year. In Melds and a great part of Moor-
shedabad the weather has been equally unfavourable,
and caused a considerable reduction in the expectations
of the planters, although not to the same extent as in the
districts previously noticed.
When we last wrote, Tirhoot was expected to send
down something under an averageseason, or about 20,000
maunds • from this may now be deducted fully one-half,
a fortnight of rain such as had never previously been
experienced, combined with a sudden rise in the Ban-
gruttee and Gunduck, having reduced the prospects of
some concerns to an eighth or even a tenth of what they
made last year, whilst those that make the half will be
fortunate. We have seen a list of several concerns
which last year aggregated nearly 9,000 maunds, and
which are now estimated at about 2,000. Fine weather
up to the conclusion of the season would doubtless cause
some improvement, but we are of opinion that 10,000
maunds is the utmost that can be looked for from this
district, whilst a continuance of the rain, or further rise
of the rivers, would probably reduce it to 6,000 or 8,000.
The accounts from Bhaugulpore are also unfavourable,
and it does not seem probable this district will much ex-
ceed the half of last season's out-turn.
Our advices from the neighbourhood of Mirzapore and
Ghazepore are less favourable than when we last wrote ;
the unusually late drought having in these, as in other
districts, been succeeded by constant rain, and some
large concerns have reduced their estimates by one-
fourth. Higher up and in the Doab, however, they have
been more fortunate, and still anticipate a good season,
but as they have scarcely as yet commenced manufac-
ture, it is very uncertain whether their expectations will
be realised. Dacca, Furreedpore, and the neighbour-
hood, have been in every respect most fortunate; but
although these are now closing with fair results, the
slight excess from them will go but a small way to make
up for the deficiency in other parts; and although still
unwilling to name a definite figure, we think we are safe
in saying that there is every prospect of the total out-
turn being under 90,000 maunds.
Sugar—There has been a fair amount of business
doing in this staple throughout the past month. The
demand having apparently been but little affected by the
fluctuation in exchange, or even by the accounts from
home; all good yellow or dry brown descriptions have
found an immediate sale on arrival at comparatively high
prices, but the supply of these has continued very
limited. Benares has been arriving more freely, although
not to near the customary extent, and consists in a great
measure of low to middling second qualities, which have
been taken at 10r. to 10r. 4a., with a few parcels of really
fine white at 10r. 10a. to 10r. 12a. per maund, whilst
within the past few days, owing to a more general in •
quiry, a further slightly upward tendency has been ob-
servable. In Khaur there has been nothing doing ex-
cept for local re-manufacture. Exports to Great Britain
of all descriptions from the Ist inst. up to date amount
to 46,671 maunds.

Saltpetre—The inactivity in this market reported in
our last continued for some time, and prices slightly
declined; this, however, again brought purchasers into
the market, and there has of late been a good demand
for Great Britain, at especially for the finer descriptions
full prices, notwithstanding that freight has not been
obtainable on first-class ships under 41. 4s. to 44 7s. 6d.
per ton. For America we have heard of but few pur-
chases.

Exports from the Ist instant up to date have been as
follows, viz. :—Great Britain, 6,249 maunds; North Ame-
rica, 465 maunds.

Rice—Notwithstanding that the advices from England
have of late been rather more encouraging for this staple,
it has continued entirely neglected for homeward ship.
ment, and prices are completely nominal.
For Mauritius and Bourbon a good inquiry has been
experienced, and Ballam and Moonghy have been taken
to some extent at about our last quotations.
Raw Silk—There has within the past three weeks
been more activity in this market, owing to several par-
ties having come forward to purchase, being apparently
tempted by the great falling off in the exports from this
part (those of the twelve months, ending 31st July, being
only 15,954 maunds, against 19,721 and 22,160 for the
same period of the two preceding years), and by the
somewhat improved demand for some descriptions of
Bengal Silk at home, as advised by the past mail or two,
as well as by the downward tendency of exchange.
Silk Piece Goods—A moderate amount of business
has been done in Combs during the month, at for low
Gossimbazar goods, of which, with few exceptions,
stocks entirely consist, at 95r. to 105 r. per cargo; su-
perior, or even fair qualities, continue scarce, and would
bring high prices. In choppas or bandannas we have
but few sales to report, the only parcels in the market
being of very inferior quality-.
Shell Lac and Lac Dye—Shell Lac has been in mode-
rate inquiry for England and America, and a few parcels
of middling Beerbhooms have found purchasers at Br. to
9r. per maund.
In Lac Dye there has been even less doing, and al-
most entirely in low and middling qualities, so that for
this article our quotations for most marks are necessarily
nominal.

Oil Seeds—There has been rather more doing in these
seeds for the English and French markets, owing to the
comparatively moderate demand for America having
compelled holders to submit to a decline, and also to
freight having in some instances been obtained on ships
anxious to fill up at a considerable reduction on the es-
tablished rates. Linseed has sold from Ir. 10a. to 2r.
2a., but in very few instances has the latter figure been
obtained, and mustard seed at about Ir. 12a. to lr. 14a.
for the best cleared.

Safflower—Several transactions have been effected in
safflower, at from 14r. Ba. to 26r. per maund ; the latter
is, however, an extreme rate, fine qualities being readily
obtainable at about 20r. to 22r.

Jute—There has been but little doing in this staple,
owing to the bazaar continuing scantily supplied even
with inferior qualities, whilst of really good there has
been none obtainable for some time past.
Hides—A considerable amount of business was done
in hides during July, especially in dead green Patna,
and in first and second quality Calcutta slaughtered, but
at reduced rates ; the bazaar is now almost bare of good
parcels, the present extensive stocks consisting almost
exclusively of second and inferior descriptions. Our
quotations are about the prices paid throughout the past
month, but holders are now demanding advance for any
good qualities.
Opium—ln our last we quoted Patna at 1,200 r. and
Benares at 1,120 r. per chest; these rates, however, were
only maintained for a few days, and the drug has since
been pretty steady at from 1,150 r. to 1,160 r. for the
former, and 1,075 r. to I,llor. for the latter, the market
being apparently but little affected either by the accounts
or remittances from China, or even by the alteration in
local monetary affairs. The stock in the Company's go-
down last evening consisted of 2,905 chests of Patna, and
770 of Benares.

A report is current to the effect that the prompt on
future sales will be reduced from one month to 15 days,
which will most probably materially affect speculation.
MONEY MARKET.—The declaration of a half-yearly
dividend by the Bank of Bengal, at the rate of 13.6 per
cent. per annum, as reported in our last, was followed by
the Union Bank at the rate of 7 per cent. The pressure
in the money market hasgra,dually,;decreased, and we have
now to report a reduction of 1 per cent. in the Bank
rates, accompanied by corresponding or even greater de-
cline in the rates of discount generally.
Government securities have been steadily advancing
in value, and are firm at the following quotations in Bank
Stock; we still seldom hear of operations, there being
but few parties willing to invest at the rates demanded:
CURRENT VALUE OF GOVERNMENT SECURITIES, BANK
STOCK, &c.
Transfer, Five per Cent.... ...Rs. 8 00to10 0 0 pm.
Second do., according to Nos... 0 80 to 30 0
Third ditto ... 1120 to 24 0
New ditto ... 5 0 oto 5 8 9
Sicco. rupees, Four per Cent... 6 00 to 70 0 dis.
Company's rupees, ditto... 4 8 oto 5 0 0

Co.'s rs.
Bank of Bengal shares, 4,000 each Pm. 2,450 to 2,550*
Union Bank ditto ... 1,000 ditto 145 to 150 f

Agra Bank ditto ... ... 500 ditto 240 to 250