The Sun.
London, England, 1848-08-30 00:00:00

COMMERCIAL INTELLLIGENCE.

BOMBAY, JULY 19.—For some days after the depar-
ture of the last overland mail a speculative inquiry ex-
isted for low grey goods, in which our dealers were en-
couraged by the favourable accounts of the fall of rain in
the interior; this inquiry, however, received a check
upon the cessation of the rain and the prevalence of dry
weather for the space of about a fortnight, during which
period the greatest dulness existed in our market, and
from the accounts of the great want of men in the in-
terior, considerable apprehensions were entertained for
the fate of the crops. These have, however, we are
happy to say, been iu a great degree relieved within the
last few days by a copious supply of rain, which we
have every reason to believe will have extended over
the country, and thus set at rest the anxieties of the
agriculturists.
Our money market is easy, and ,shares in our joint—
stock banks, though subject to much fluctuation in the
interval, have more value than at the date of our last.
Shares in the Bank of Bombay, on the other hand, have
experienced a momentary decline, caused by a large
quantity being put on the market; and the transactions
have been reported so low as 29 per cent. premium, but
they are again improving in value.
Cotton Piece Goods—The advices of the drought pre-
vailing in the interior suspended for several days all
business in our piece goods market, dealers showing no
inclination to continue their purchases in the face of un-
favourable accounts from up country. The considerable
quantity of rain, however, that has fallen here during
the past few days has had the effect of inducing more
activity in our market. Should the advices from the in-
terior, with regard to the fall of rain, prove as favour-
able as it is expected they will, we anticipate a consi-
derable inquiry for grey goods will be the result.
Cotton Yarn—Our market has been steady since our
last, and owing to a demand for exportation to Madras,
some large parcels have been moved off, at an advance
upon No. 40 mule twist. The following are the sales re-
ported:-
275 bales, 2001bs. and 3001bs. each bale.—Water.
Nos. 16 to 18, 51 annas; 20 to 21, 6i to 6i annas; 24
to 26, 6i annas; 30, 7 to 74- annas; 40,- 74 to 8 annas.
510 bales, 2001b5., 3001b5., 4001bs. and 5001 b& each
bale.—Mule. -
Nos. 20, 64 annas ; 30, 64 to 7 annas ; 40, 71 to 7}
annas ; 50, 8 annas ; 60, 9 annas ; 80, 121 annas ; 90,
13 annas -; 100, 40 annas.
Dyed Yarns—Turkey red yarn has been exceedingly
dull, the only sale reported being 12 bales, Nos. 30 to
60, at 15-1 annas per lb. Orange yarn maintains its price
—a sale of 25 bides, Nos. 40 and 50, is reported at 12a
annas per lb. ; and 8 bales, damaged, at 111 annas per lb.
Cotton Thread—ln this article we hear of the follow-
ing sales :-
10 cases ball thread, Nos. 14 at 80 Rs. 1 0 6 per lb.
40 ditto ditto -14 60 " 015 9
12 ditto ditto 20 60 014 0
10 ditto ditto 20 120 1 0 0
5 ditto ditto 10 100 1 1 0
Cochineal—We have no sales to report since the date
of our last, but an improved tone is visible in the market.
Stocks, however, are very large, and a material advance
in price is not likely for some time. The arrivals are
I,loolbs. per Essex, and 4,3001b5. per Bucephalus, from
London.
Metals.—lron—Swedish bar continues scarce and in
good demand. British bar is rather dull. In other
kinds we have no change to notice. Copper has im-
proved somewhat in value since our lust. Speller—
llolders are firm, and the price has advanced to 94 rs.
per cwt., at which sales have been effected. In other
metals we have no change to notice, with the exception
of tin plates, which have declined in value.
Beer—Prices have rallied since our last, and our pre-
sent quotations for Allsopp's is 70 rs. per hhd. The
sales reported are-
-200 hhds. Allsopp's at Es. 70 per hhd.
133 „ Hodgson's
..,65 ,
100 „ Whitbread's
50 „ Tennent's
10 „ Ditto Porter

EXPO;
ool—Nutwithstal ng the unfavourable)
.vices, both f -id and China, he
tinned firm, _
.J ricus r ain as last citt
less done, however, has be ,limited, the l
amounting ()illy to about ,000 bales,' iliN
China, the attention of e native merch
....i.-, airected to shipments to that quarter from the iel*l
low rates of freight prevailing. i.f.
Opium—The advice& received by the laitt-,ittail frotn,,
China had the effect of causing further'Co.4.sicleiiible ad."
vance in the price of thig dint holder's arLivhich aro
firm, at 1,250 rupees per- chest for the best quality of
111alwa.

FREIGHTS.
r The continued arrival of vessels towards the end cif
• last month, most of which were put on the berth for
China, caused freights for that quarter to decline-fur-
ther, and engagements were made as low as 6f rupees
per candy; a slight improvement has since taken place,
and we quote the rate of the day at 6 rs. to 6f rs. The
quotations to Liverpool are nominally 21. 15s.
EXCHANGES.
By the last China mail a much smaller amount of bills
than usual was received, and rates have consequenti7
declined still further. Russell's drafts upon Baring a
have during the last two days been selling at Is. 9id.
per rupee, but yesterday we hear Of business done to a
large amount at Is. 9d. to Is. 9 11-16 d. Bank paper
at thirty days' sight has been negotiated at Is. Bd. to
Is. 8:43d. per rupee.
London at 6 months' sight, per rup. Is. 9d. to Is. 9id.
„ 3 months sight ls. 90.
„ 1 month's sight ls.
CALCUTTA, JULY 3..—The changes in business here
during the past week are not important. Exports have
continued in fair request. Sugar appeared likely to take
another start when the express came in, but has settled
down at about previous rates. For silk there is a mode-
rate inquiry. Corahs are little wanted. Saltpetre re-
mains quiet, and rice dull. Opium has ranged at 915
to 921 rupees for Patna, with little doing pending the
sale on Tuesday. •
Indigo—The sudden rise of the Ganges has done less
injury than might have been expected, the river having
shortly after subsided, and at the date of our last advices
from Bhagulpore (July 1,) was still falling. In Tirhoot
and the adjoining districts there have been heavy falls
of rain during the last week of June; but little injury
'is reported to have been done as yet. At Bhagulpore
also the rain has been heavy, and the produce of the
October plant has fallen off in consequence. The loss of
plant here from inundation has been considerable. On
the banks of the Bhagerutty and Maids, the rise of the
river caused manufacture to open somewhat prematurely,
and the plant which had to be cut as the water rose being
unripe, has yielded but little. In Lower Bengal the
weather has been generally favourable. There are com-
plaints of too much rain from Jessore, the Eastern
Kislinaghur, but the last advices are better. Manufac-
turing is now pretty general. From the upper provinces
we have received no late information of the progress of
the season. On the whole, the damage done in Lower
Bengal has been immaterial, and with fine weather for
the manufacture during this month and the next, full
estimates are likely to be realised—viz., 95,000 to
110,000 mds.
Exports from Ist Nov., 1847, to 6th July, 184 S, are to
Great Britain, 20,270 chests, 77,855 Fy. mds.
Sugar—There has been a good demand for sugar
throughout the week, and all white descriptions are
saleable at full rates. The New Benares, first quality,
has brought 8-4 to 8.10 Co.'s rs. per rod., being rather
above our last quotations. Old Benares hes sold at 6.8
to 6-14 Co.'s rs. per md.
Silk piece goods—Demand for Corahs remains languid,
and prices are without any alteration.
Rice—There is little to report of the rice market,
and the value of good table kind remains about Co. s
rs. 2 per md.; Ballam and Moongby are rather lower.
Freights—Arrivals have been rather numerous, but
freights have undergone no change of moment.

FOR LONDON.
8. 8.
Saltpetre ..• ... 45t0 0 0 per ton of 20 Cwt.
Sugar ...
"'4 5 410 „
Ric© ... ••• ... 410 415 „
Hides 415 5 0 „ of 14 cwt.
Jute
••• .. 4 0 4 5 of 5 bales.
Raw •silk... ..• ... 410 5 0 of 10 cwt.
Silk P. goods and indigo 410 5 0 „ „ of 50 c ft.
Shell lac and lac dye ... nominal.

IMPORTS.
Cotton Goods—The market for British cottons during
the past week has been a little more steady. The de-
mand, though ;perhaps a little more active, is still far
trop general, but there has been rather more firmness
shown by importers. In Manchester goods a very fair
amount of business has been done.
Shirtings—Tile sales of grey 40-inch have been large,
and generally at prices showing firmness, particularly
for middling cloths. The quantity of ordinary quality
at market is large, and for these offers are still very low.
45-inch greys are in little demand. Bleached shirtings
of all kinds continue dull.
• ,rinted goods—The demand for prints is still confined
chiefly to Turkey red 25-inch chintzes of good colour ;
and of these the sales are at fair prices. Inferior colours
it is, however, difficult to sqll at any rates.
, Mule Twist—There A bjter market for twist, and
demand` pears on the ificrehse. No. 40, of good qua-
hitz, is hkkier, and for othel numbers the last prices ob-
;iined are somewhat above the lowest point.
MONEY MARKET.

r
RANK SHARES.
Bengal Bank ... Co.'s Rs. (4,000) Prem. 2,000 to 2,050
Agra Bank ... „ (500 , , 25 to 30
North Western Bank „ (50w) „ par
BANK OF 311ENGAL.,
Discount fon government acceptances (3 months) 5 per cent.
on private bills and notes (ditto) 8 „
deposit ofCompany'spaper
on ... 6 „
Interest
i ditto on cash credit accounts 6i ~
GOVERNMENT SECURITIES.
Transfer Stock paper, 5 per cent ... 8 Bto 9 0 prem.
Bombay, 5 per cent. ... .•• ... 4 0 4 8 dis.
Old Sicca, 5 per cent., according to
numbers ... ... •• ••• 4 0 48 „
New Company's 5 per cent. ... ... 1 8 2 0 „
Third Sicca, 4 per cent. •.. ... 16 817 0 „
New Cy., 4 per cent. ... ... ... 15 8 16 0 „

THE OCEAN MONARCH.
INQUEST ON THE BODIES.
LIVERPOOL, TIIESDAY.—This morning the inquest on
the five bodies taken from the wreck of the Ocean Mo-
narch was resumed.

James Chiene, a seaman belonging to that vessel, was
called. He stated that on Thursday, at 12 o'clock, the
vessel was about eight miles from the Great Ormshead;
witness was one of the deck watch, and was standing
forward. He observed the New World and other ships
standing in to the westward when he heard the alarm
of fire. The steward gave the alarm, and witness saw
the smoke issue from one of the aft-ventilators. At this
time the captain was standing on the quarter-deck. Wit-
ness and several others ran down into the captain's
cabin. While there the captain and mate entered. An
order was given to pass down water quickly, which
was obeyed. The captain directed this operation. The
smoke became intolerable, and the men were obliged to
firuantne uspobnurdsetc
fkr.om the
Aboutcatpetnains cabin, upon h
or fifteen minutes after
h
ter the
e
et
hoenhdoehc kdebcaeekgmiveinvgeryg furtherreat
directions. indeed.
H e cap-
tain
confusion e .
or-
dered the yards to be squared. Soon after the confla-
gration had spread so wide as to prevent the operation
of the man at the wheel, and then witness heard the
captain give orders to clear away the boats. He also
gave orders to launch the spar overboard, which witness
thinks was the topgallant-yard. Two boats, the stern-
boat and the one that was on deck, were launched. After
the first boat was launched, witness tried to get into her,
but missed, and fell into the water; but regained the
ship by means of a rope in about ten minutes. The cap-
tain was then giving further orders (it was then witness
heard the order to throw the spar over). The ship was
enveloped in flames at this time. Witness jumped over-
board, gained the spar, and was picked up by one of the
boats of the New World. The two boats spoken of
were the only boats launched from the ship. There
were four boats in all; but two were in flames. At the
time witness jumped overboard, he considered the life of
every individual on board in the very greatest peril. In
witness's judgment the captain behaved coolly
and collected during the whole of the trying scene;
and witness was near enough to him, when be
gave the orders, to hear everything he said.
Never heard him curse or swear at that time.
Was certain ho never cursed or swore at all.
Witness is unable to say how many water buckets there
were on board, but is certain there were a good many,
but no fire-engine. The deck was cut through for the
purpose of throwing water on the fire. The store-room
was immediately under the captain's cabin, from which
place the flames burst out. He does not think it was
possible to launch all the boats when the first alarm of
fire was given. All hands were at that time engaged
in endeavouring to subdue the flames. Witness thinks
that if steamers had come up at one o'clock, they would
not have succeeded in saving the lives of all on board,
owing to the impossibility of a vessel approaching the
abiutrenr ivvnagrds pw; b h
aau t tahl s
toughthe rigtgoi
nhga vweasb edeens
tdroenye ana
d. hourTha
Alfonso came to anchor about three o'clock. After this,
when witness was on board the Affonso, he saw another
steamer go up to the Ocean Monarch.
Charles Daniels Locke, seaman, and William Perry
Gibbs, second mate of the vessel, were then severally
examined, and corroborated Chiene's tesucthaim
tpoolneya:souurTrehiinen
second mate was still under examination when our re-
onrntinu
port left.
the T
contributionstrE sn sv.lV ea t
ilhavel e
yesterday the amount subscribed
ge the receipt of
also a cheque for 31.,
andstal thatn‘gr E n'P
thatsinn °cLe'
has in
the
aolikceaonf
creased to 1,7001.
laenhdavneotteofarcolcmnoswaleudticus,
the benefit of the survivors of the wreck oafs
England
for
Monarch. The amount has bets duly handed over to
Mr. D. Neilson, honorary secretary to the relief com-
mittee. We need hardly men
Con that the amount al-
ready subscribed is very insufficient for the purpose, and
that the committee will be 1
from all persons who feel charitablyato receive contributions
disposed.
The Mayor has receiveda communication from Lard
John Russell, informitlg him
that her Majesty has been
graciously pleased to
direct that the sum of 501. should
be paid to Frederick
Jerome, from the Royal Bounty
Fund, in consequence of tas gallant conduct in sav-
ing the lives of
Monarch.

SUDDEN DEATHS FROM SCARLETINA.—.-POliCe
constable Inwards, of the R division, attached to the
Woolwich police-court, vras taken ill on Monday week
with scarletina and sore th roat, and died after a short
illness. Two of his children wore also attacked, and
both died, and with the remains of their father were all
three interred in one grave in Union Chapel burying-
ground on Monday last. Thq wife of the deceased is
still ill of the fever.