The Sun.
London, England, 1851-06-30 00:00:00

EXCHANGE.

On the arrival of the China mail, rates for
first-class credits at six months' sight opened at 2s. lid.,
then advanced to lid., and subsequently to 2s. lid.,
which is the rate of to-day, with a large amount cf bills
still unsold. Document bills have been placed at 2s.
Lid. to 2s. and 2s. 2d. First•class local bills,
without documents, 2s. IFI. to 2s. lid. On Calcutta
there is little doing-98 60 days' sight, 984 30 days'
sight, 99 sight. China 214 per 100 drs.

(From the Calcutta Overland Price Current.)
MAY 15.
By the Bombay express, which arrived during the
night of the 11th, and was followed by the general dis-
patch on the 13th inst., we received London dates to the
7th of April, which represent home markets in the same
unsatisfactory state as they were in for some mails past,
with further downward tendencies of most leading pro-
duce, and in particular of the staples from this country.
The more quiet tendency of our export market, reported
in our last issue, has since been confirmed, holders
meeting offers on the most reasonable terms previously
established, without admitting any marked general de-
cline, to which, however, the recent above alluded to
ad vices are likely to lead. The transactions in indigo
have been confined to two small public sales, at which
prices ruled much the same as before. In sugar business
has been less extensive, and within the last few days a
slight concession in favour of buyers has been sub-
mitted to. Saltpetre experienced a somewhat im-
proved more general demand, which imparted to
prices more firmness, without raising them. Saf-
flower, of which supplies are yet limited, met with
buyers at stiff former rates. Rice continued neglected
in the table sort, and prices of this are rather easier.
Raw silk, of which the present Bazaar stock is very
limited, has met with fair demand in the superior fila-
ture kinds, at about former rates. Corahs have been
in but feeble inquiry, though offexing on easier terms.
Lac dye continued in request for tell better medium and
finer qualities, prices of which are full up to previous
value. Shellac has been dull zt the easiest former rates.
Linseed experienced more active demand, and prices
ruled to the extreme of the previous value. Mustard.
seed continued dull, without being offered at a further
concession. Jute in rather iniproeieg inquiry at un-
altered rates.

Our import market, we regret to say, has assumed a
more gloomy character, and our remarks upon almost
every item are meat unsatis('actory. Almost every ar-
ticle is dull and declining in value, and sales are effected
at prices which do not cover the) invoice coat of the
goods. Money remains tight in the Bazaar, and the
demand from the north-western provinces has fallen
away to a trifle. The inquiry which still exists is
chiefly for plain goods, and tor the purpose of feeding
the local consumption of Bengal Proper. The sales of
grey shirtings have, nevertheless, been on a
larger scale than we have noticed for some
mails past; 85,300 pieces are reported as sold
during the 13 days under review, at a decline of 1 to 2
annas per piece. Will:0 shirtings have also moved off
in larger quantity, but the demand is confined to the
middling ansi finer reeds. White figured shirtings aro
difficult of sale at a reduction of 1 to 2 annas per piece.
White carebrics are almost totally neglected.
The imports of white tail's continue to be much
greater than the consumption-8.411 pieces were
imported in April, against deliveries of 3,150
—and followed, of course, by the nature). con-
sequences of such overglutting the market. The de-
mand for gray Madapollams has fallen off, and prices
have given way 1 anna per piece. The white sort is
quite neglected; gray jaconota have deteriorated 1 anna,
and the white Ito 2 annas per piece. Lappets have
further declined 1 anna. Book muslin' are dull, but
something is expected to be done in them when the
Moulmein steamer arrives; and, also, in consequence of
the arrival of a vessel from Rangoon; fine books aro un-
saleable. The finer descriptions of mull mulls are only
saleable at a reduction in value of 3 to 4 annas per piece;
consuming sorts are without change. Wide and light
Turkey red twills and mulls are in moderato inquiry.
Prints and chintzes generally remain neglected.
Mule twist has assumed a somewhat brighter aspect
since the arrival of the mail, and 40's to 50's
have improved from 1 to 2 pice per morab.
Coloured yarns are in better inquiry, but still re-
main depressed in value. The copper-market is over-
loaded by recent large arrivals of this metal from Ade-
laide, and has further given way about 8 annas. Iron was
sold to a moderate extent, but at the lower current rates.
tepelter is almost without demand, and lead quite so.
Islo sales of tin plates are reported.
We have no change to report in our money-market,
though the pressure in the Bazaar seems
rather on the increase. In home exchange very
little has been done, from the want of takers; and corn-
pAition being thus confined to extreme limits, the power
to dictate terms was fully availed of, and a sudden rise
in the rates has been the result, these ruling for six
months' sight credit bills 2 Oi to 2 oi, and document
draughts 2 0;1 to 2 11. The moat experienced brokers
declare that they have never felt so much difficulty in
placing bills as they did during last week. Some of the
principal dealers in exchanges have been supplying
themselves at Bombay, where six months' sight credit
bills were procurable at 2 l to 2 11, and owing to the
excessive difficulty of realizing proceeds of sales, very
few of the importing houses are in funds to pay for
bills. The consequence is that these few can almost
dictate their own terms"to' drawers whose exigencies
compel them to sell ther lover. The exchange at Bom-
bay has, however, gone back to 2 1, and will probably
go still lower, and we anticipate that a turn in favour of
sellers will take place here before the departure of the
steamer. Some first-rate indigo document bills have
been sold at 2 q, but equally good paper covered by
sugar and silk could not obtain a better offer than 2s. id.
Freights have declined los. per too from the highest
point, with a downward tendency.

MONEY MARKET.
CURRENT VALUE OF GOVERNMENT SECURITIES, BANK
bTOCK, &C.
Tansfer Five per Cts. ...Rs. 680 to 70 0 pm.
New Fives ... 3 0 0 to 3 8 0 pm.
Sicca do. 6 as. discount to par.
Co.'s RI. Four per Cent. ... 9 8 0 to 10 0 0 dis.
Sicca Rupees do. ... 11 0 0 to 0 0 0 do.
Bank of BangalShrs.Co.'sßs.2,l2s 0 0 premium.
Agra Bank do. ... 25 per share dis.
Simla Bank... ... ... nearly par.
Bonded Warehouse Shares Co.'s Rs. 200 each.
Steam Tug Company ... „ 400 „
India General Steam Company ... „ 200 „
ew Oriental Life Insurance Company ... „ 500

SHIPPING INTELLIGENCE.
BOMBAY.

Arrivals—May 13, the ship Sutlej, from London,
Dec. 3, and Cannanore May 1. 14, the ship Prince
Albert, from China, March 4, and Singapore March 20;
the steamer Sir J. R. Carnac, from Surat, yesterday, at
1 P.m. 15, the Bombay Steam Navigation Company's
steamer burst, from Surat, yesterday. 17, the Bombay
Steam Navigation Compauy's steamer Dwarke, from
Kurrachee, May 14; the Peninsular and Oriental Steam
Navigation Company's steamer Pekin, from Hongkong, ,
April 24, Singapore 3, Penang 5, and Point de Guile
May 13. 18, the steamer Sir J. Jejeebhoy, from Surat,
yesterday. 19, the Hon. Company's steamer Ajdaha,
from sea, yesterday. 21, the ship Ceylon Merchant,
from Tankarai, May 6; the barque Stree Rajah Rsjash-
warree, from Calcutta March 18; the Hon. Company's
steam-frigate Auckland, from Buahire, May 7. 22, the
steamer Phlox, from Surat, 21st inst.
Departures—May 14, the Hon. Company's steamer
Acbar, for Aden; the ship John Bartlett, for China.
15, the ship Punjab, for Calcutta; the ship Armide, fur
Liverpool; the schooner Dewan, for the Mauritius; the
ship Clontarf, for Liverpool; the steamer Phlox, for
Surat. 17, the Bombay Steam Navigation Company's
steamer Surat, for Kurrachee; the Hon. Company's
steamer Snake, for Nagotna. 18, the Hon.
Company's steamer Medusa, for Nagotna. 19, the
steamer Sir J. R. Carnac, for Surat; the ship Catherine,
for Liverpool; the Bombay Steam Navigation Company's
steamer Dwarka, for Surat, Gogo, and Tankaria; the
Peninsular and Oriental Steam Navigation Company's
steamer Achilles, for Hongkong, Singapore, Penang,
and Point de Galle. 20, the ship Thomas Thompson,
for Liverpool. 22, the ship Mary, for Whampoa and
Canton, in China; the steamer Sir J. Jejeebhoy, for
Surat; the steamerSettforth, for Colombo.
Intelligence—Per the steamer Pekin, from China, May
18.—On Sunday, May 4, at six o'clock, AJS,, passed
vessel totally dismasted, apparently on shore, on the 151,
near Pyramid South Sands, supposed to be the Bombay.
The ship Charlotte Forbes, bearing from us north by
west, and Cape Richards east by south, the ship *thong
four miles off. The Imamn Bux, dismasted, about 40
miles from Madras; crew taken on board the Hindostan,
and brought to Guile. The Ardaseer, burnt near Po.
nang. The sloop Clive was at Muscat, and about 17
merchant and country craft, these latter belongjng to the
Inaiturn. His Highness had arrived at. Muscat with Ml-
jor Hammerton, British Consul at Zanzibar, three days
before the Auckland left.