The Sun.
London, England, 1846-05-21 00:00:00

G WALIOR.

Now that eve hare a little breathing time, and that our.
friends in parts of the: country other than the late all-engros-
sing seat of war t Intik that miscellaneous intelligence may
be agreeable, we are happy to find them remembering us, and
beginning to keep us au courant of the occurrences of their
respective locations. from Gwalior we learn that Govern-
talent has lately sanctionCd.a new garrison company of s
to
ar-
tillery for the duties of the tt batteries. The brigadier has
applied for an officer to comanod., but as the fort is net a
very desirable residence, there wig, we apprehend, be few
,Candidates for the honour unless the pay and "Gwalior al-
lowances" be made something hands. one. We are not a
little surpziseti to learn further, that altho.ugh t_ohre, necessities
of the army of the Sutlej continued uncareC? for, the com-
paratively small community of Gwalior are to have the
benefit of the presence of a chaplain. One of our friends will
have it that the congregation there of an unusually large
number of bachelors has led to the resolution, antl adds that
they seem to think so themselves, as some of them at least'
are beginning to set their " houses in order." The infer‘ince
We leave to our reaclep.--Delhi Gazette, April 1.

CALCUTTA. •
(From the Overland Bengal liztrharu, April 7.)
Ghoolab Singh, our new protege and ally, has certainly
played his cards admirably, and has reason to be content
with the results of the war, which has cost the British and
S,,•ilch Governments both so dear. Ile keeps aloof until he
sets his (opportunity, and tli,n steps in as mediator, and is
rewarded for Isis cleverness by being allowed to purchase a
monstrous cantle of his liege lord's dominions, and his own
independence, at a price insignificantly small. He has now
attained the object of his long-cherished ambition; it re-
mains to be seen whether he will have the prudence to retain
his prize. •
Now that war, with its forced excitements, no longer
engrosses their attention, the good people of Calcutta
have found time to think of things which, perhaps, con-
cern them more nearly—even of railroads. The various
companies established for the purpose of introducing rail-
way communication into this part of India have lately re-
ceived a good share of public attention. One of them in
particular, the Northern and Eastern (Calcutta and Bog-
wangolah), has lately created quite a sensation, by giving
birth to an event hitherto unthought of here—a railway
dinner! On the invitation of the local board of manage-
ment, about 220 gentlemen assembled in the Town-hall,
on the evening of the 31st ultimo, to partake of a
magnificent banquet. The festival went off with much eclat.
Sir Thomas Turton, Bart., vice-president of the company, was
in the chair; and J. F. Leith, Esq., of the Calcutta bar,
chairman of the local directory, sat opposite. These two
eloquent and much-esteemed gentlemen were the principal
speakers on the occasion. A full report of the proceedings
will be found in another column. From this it will be ob-
served, that a most catholic and praiseworthy spirit pervades
the addresses of the orators, railways in general, and not any
one in particular, forming the theme of theirsOiscourse. We
understand that; •in reply to an application from this com-
pany, the local government has intimated its readiness to
take into consideration a provisional act of incorporation, on
a draft thereof being laid before it by the committee. The
company's application for the services of a Government
engineer officer has been referred to the Court of Directors.
It is considered probable that the works on the Northern and
Eastern line will be commenced before the close of the year.
The preliminary operations of the East India Railway
Company (Calcutta and Mirzapore) have been actively
carried on during the past cold season. The surveys have,
we understand, been completed most satisfactorily within
the prescribed period, and at less than the estimated expense.
We learn that a line hds been found through the hilly range,
and the Dunwa Pass, which will render the use of fixed
engines unnecessary, and which is throughout unexception-
able in an engineering point of view. We hear also, that
Mr. Simms has already sent in his report to the Government
and is himself on his way down to Calcutta. We learn fur-
ther, that Mr. Stephenson, who leaves for England by the
present steamer, has made provisional arrangements for the
supply of labour and material along the line; so that if all
preliminaries shall be settled in due time, the work may com-
mence during the next cold season.
The Great Western Company (Calcutta and Rajamahal)
is again in the field, thus effectually refuting various asser-
tions to the effect that it was extinct. It is again before the
public Kith its prosiwra—
J. E. Leith, Esq., a distinguished member of the Calcutta
bar, and a much esteemed member of society, returns to Eng-
land by the Hindostan, with the good wishes of all classes of
the community. The attorneys of the Supreme Court have
presented him with an address on his retirement from the bar,
which, with his reply, will be found elsewhere. Some of the
native gentry and others have also addressed him on the oc-
casion of his departure.
The public of Calcutta is about to do homage to that much
revered nobleman Lord Metcalfe. A public meeting is to be
held on the 9th instant in the hall, which has been erected
to his honour, and a public dinner is to be given in the same
place on the 13th, on the occasion of the erection of his Lord-
ship's bust therein.
We may notice, as a thing now too much out of the usual
course, the arrival of the Precursor with the mails of Feb. 24,
on the evening of the sth instant, before the Bombay ex-
press, which is not yet in. The Precursor made the passage
from Suez to the Sand Heads in 2% hours less than 22 days
—the best passage on record.

THE SUN, LONDON, TEUUISDAY EVENING, MAY 21, 1846.

been soli at 5414. The pricof Iron does not Improve notwithstand-
ing high prices in England id diminished imports, which may be
partly accounted for by the ;arca), of money, but chiefly lu conse-
quence of a diminished eonanption in the interior consequent upon
the high price.

The sales reported are 11 tons British flat the bar at Es. 30 per
Candy. _

Beer—Nothing doing, 1) do. do at 29 per do.
1,1) cwt. sheet at 7 per cwt.
Marine Stor,s
' -10 onlYransaction reported under this head is a
sale of 130 bolts of canvas aRs. IS.
Spirits—Stocks are very
and no sales making. l;avy, the market is dull in the extreme,
nue of the new brew having yet arrived.

Cotton—Prices have agl EATERN PR
ly
given way. The following
ODUCE.
are the quotations of the iv' slightbut there is little doing, and the
n
quality is generally inferior
Broach and Sum-- ......... .Rs. 76 at 77
Dollera •••• • • • s ..... .......... „ 72 at 73
00mrawuttee............ ..... • • •• 75m
Compta 01d......,. „ ....... • • • ' • ..6'
Wool—The market is nealy bare, and the quality very inferior.
Opium—The price has faen to 1,300 rupees
per chest. A great
proportion of that at presen in the market is much adulterated.
In other articles of exporthere is little or nothing doing.
FREIGHTS.
To Great Britain may bequoted at 3/. 158. per ton, and Rs. 19 to
20 per candy to China.

kNET BIARIET.
Government securities, n consequence of the intensity of the
under
money have sligitty given way, and may be quoted as
5 per cent. loan a 1825-26 at Rs. 107 o 110
4 do. do. 1832-33 at „ 99 tto
100
4 do. do. 1835-36 at „ 94
5 do. do. 1841-42 at „ 104%
4 do. do. 1842-43 at „ 96
EXCHANGE.
In consequence of the Halted demand for bills, and an influx of
paper from Calcutta and oher places, the rate on England has ad-
vanced to 2s. at 2s. o}4 d. ier rupee according to the credit attached
to the paper. At the latbr rate Calcutta bills have been freely
offered.

There has been another tile of five lakhs of Government bills on
Calcutta at thirty days' siglt, which averaged 97-3 annas per 100.
Bangs: —We subjoin the current rate of Bank Shares; Bank of
Bombay, at Rs. 42 per cent premium ; Oriental Bank, at Rs. 175 to
INS premium per share.

PUCE OF BULLION.
Sovereigns etch - - Bs. 11
11 Bank or Engand notes, per £

CHINA.
(From the Overhnd Friend of China, March 29.)
SHANGHAI.—We have aivices from the great northern mart to the
11th inst. The market ccntiuued in an extremely depressed state,
from the failure of the two longs chiefly engaged in foreign trade.
In our last monthly summary we mentioned that of " Allum," in
whose pack-houses there was stored about 1,600,000 dollars worth of
produce and goods the property of British merchants, upgn which
an embargo was laid by the British Consul and the Chinese autho-
rities. The goods have not yet been delivered to the owners ; but
we anticipate that by next mail we will be able to state that the
claims of those in whom the property is vested have been examined
and admitted. Kingwo was bankrupt only a few days before the
date of our advices, but the extent of his liabilities are unknown,
though they must be great, as he and Allum transacted between
them four-fifths of the foreign trade of the port. The tea growers
are the principal sufferers by these bankruptcies, and it is feared that
next season they will be induced to take their teas to Canton at
a great expense for inland transit, as confidence in the bongs at
Shanghai must be destroyed. It is possible that they may gradu-
Withdirt the pfoduce passing through the hands of middle men. It
is very desirable that such should be the case, as also that the pur-
chasers of imports should have a direct trade with the importer.
Trade would thus be put on a better footing, and the system of barter
introduced by the bankrupt hongs put an end to.

The sales of cotton goods since the Chinese holidays have been
limited ; probably not over 45,000 pieces of all descriptions. The
imports have been 379,000 pieces of grey, and 66,800 pieces of
bleached, and to which 350,000 pieces held by the creditors of Allum,
and several cargoes daily expected from Liverpool, and the prospect
for British cotton goods is far from encouraging. Quotations—almost
nominal for 725, 3 dols. 10 to 3 dols. 20 ; 665, 2 dole. 90 to 3 dols. ;
60s, 2 dols. 60 to 2 dols. 70.

In woollen fabrics there has been something doing. Long ells have
sold freely at 10 dols. per piece for a really good assortment of co-
lours ; inferior qualities have averaged 9 dols. The market is bare
of this description of goods in the hands of importers. Spanish
stripes and habit cloth have also been in demand, and the market
cleared of 3,400 pieces at 1.30 dols. to 1.40 dols, per yard. There was
still a demand, and moderate shipments would probably realise these
rates. Camlets have been moving off at 20 dols, to 22 do's. per piece.
There is a considerable stock in first hands.

Chintz and other prints are unsaleable ; the market being glutted
with this sort of goods.
In produce we note some transactions in green teas, at previous
rates. The export since our last summary is 1,548,346 lbs., in the
proportion of 807,743 lbs. black to 740,703 lbs. green. Silk has also
been purchased to some extent, and at reduced prices. Taysaam of
good to fine quality has been bought at from 280 dols. to 300 dols. for
cash. Export since the kolidays, 672 bales.
Exchange—Bills on England have been sold at 4s. Bd.
Shipping—ln harbour, the Marion, the Marmion, Nimrod, Bleug,
T.-3f ARCH
expectation, continues
184 G.
The m
Esmeralda, Janet Wilson, and Gardner.
CAN
market for
PRICES.port, s contraryCUßß tENo
in a very depressed state, and the little improvement manifest at the
akeTt
early part of the month has quite subsided and prices are again
lower.
Cotton—Some few sales have been made at our reduced quota-
tions.