The Sun.
London, England, 1851-04-01 00:00:00

APRIL 1,

OVERLAND MA.IL 700 bales Dhollera and 500 Cutch, at Its. 114 and Pa. 111/
per candy respectively.
Freights—The rates for Liverpool for first-class tames
are now 21. 7s. 6d to 21. 10s. per ton, showing an improve-
ment on those reported in our last ; and for London 2/. Ss.
For China the rate has fallen to Rs. 12i to Rs. 13 per candy.
There are now in all 60 vessels in the harbour, 4 of which
are loading for London, 6 for Liverpool, 2 for China, and
5 for Indian ports, and the remainder awaiting engagements.
EXCHANGES—The rates of exchange have undergone
considerable changes during the past week. Prior
to the arrival on the 22d of the China mail,
six months' sight Credit Bills on London were sell-
ing at 2s. 2id., and Document Bills 2s. 30. to 2s. 3id.;
but they almost immediately began to waver; and as the
demand was considerably greater than the supply received,
and the banks ceased to draw, they at once declined to 24.
2.? d. to 2s. 20.; and then to 2s. 1 7-Ifid. to 2s. 2id. for the
former, and 2s. 4.d. for the latter, which are the rates of the
day. The Bank's rates for sight bills has, during the same
period, fallen from 2s. 14d to 2s. 0i d. On Calcutta the
rate is Its. 99 per cent., and on China Rs. 218 to 22) per
100 dolls., sixty days'_ sight. For sight bills on the former,
he rate is at par.

INDIA.

We have received our files of journals and letters in
anticipation of the Overland Mail. The dates are:—
Bombay, March 3, and Calcutta, February 20.
The following is from the summary of the Bombay
Times, of March 3:—" We rarely remember a fortnight
more barren of intelligence than that which has just
passed over us—and we are literally in the predicament
knife-grinder, of having no story to tell,
of the weary
The Governor-General has, it is said, abandoned his
purpose of visiting Cashmere: we have heard no tidings
of his arrival at Peshawur—and ho has probably been
delayed longer near Kalabagh, in a region as remarkable
for its mineral wealth as its romantic beauty, than he had
anticipated. Coal, gypsum, soda, salt, sulphur, alum,
lead, copper, and gold, are all found in the neighbour.
hood. Our railways are now beginning to proceed
apace; the sanction has been obtincd to extend the
Calcutta line to the Burdwan collieries, and still fur-
ther extensions are expected. A twelvemonth nearly
has elapsed since the engineer staff reached Calcutta,
and the establishment came on full pay—some 7,000/. a
year; and though as yet no work has been done, or can
be attempted till October, a vast deal it is said will be
performed next year to make up for the seven years'
talking that have already elapsed. The new contract-
ors, Messrs. Flavel and Fowler, are proceeding with
vigour with the Bombay line, having laid down aearly
a mile of embankment along the flats from near Mahim
Wood in the direction of Sion. No European tools have
yet been employed on this, the native pick, powrah, and
bask et being found to suffice. Mr. Balston is pro-
ceeding rapidly from the opposite side of Sion
marsh, and will have the embankment across before
the rains (June). This portion of the work admits
of the wheelbarrow, the Dobbin cart, and railway
waggon, and some extent of rails have accordingly
been laid down by them. Sir W. Gomm was at Bhurt-
pore on the 16th alt., where visits of ceremony were
exchanged betwixt him and the Raja or Chief. Sir
H. Pottinger and Sir G. H. Berkeley continue at their
posts at Madras. Sir John Grey leaves Bombay for
the Mahabuleshwar Hills this forenoon ; the Right
Hon. the Governor and family follow in ten days. No
trace has been found of the 10,0001. of which the safe
of the Oriental Bank had been robbed shortly before
last dispatch. Earthquakes appear to have been felt
pretty extensively over the Punjaub or the North-West
Provinces on the 17th and 31st January, and on the
4th, 6th, and 14th of February; no injury of any note
has been occasioned by them. The Governor-General
has issued an order that all officers who have not passed
in Hindostanee, holding staff appointments, in the face
of the most particular orders from the Court of Direc-
tors, shall rejoin their regiments.
On the 9th, and again on the 14th, there was a furious
thunderstorm at Muttra.
Immense floods both in the Sutlej and Jumns ac-
companied the gale.
The Nepaulese Ambassador, Jung Bahadoor, has been
received with great state is his own country; he has al-
ready arranged for the construction of a grand road from
the capital to the frontier—the first fruits of his visit to
Europe. It has been found impossible to obtain per-
mission for Dr. Hooker to travel in Nepaul; when once
English merchants or travellers are found in a country,
English troops very speedily follow. Great efforts are
being made to provide Bombay with a regular supply of
water—that on the spot, abundant as it is for a tropical
island, falling greatly short of the wants of our popula-
tion, now verging en half a million. The report of
Captain Crawford has been most favourably received
by the Court of Directors ; he proposes build-
ing a large dam across the mouth of a
valley amongst the hills at Salsette, and creating
an artificial lake. This will afford 100,000 gallons an
hour to Bombay, with a minimum head of water of 70
feet; it is proposed to be brought in in a two-foot iron
pipe by the line of the railway. The lake will be twelve
miles from the point of delivery, and the coat is estimated
at 150,0004 One gentleman has offered to subscribe
40,0001. of this!
A new steamer of eighty tons, for the Surat trade, has
just been launched; this is the twelfth private steamer
which plies from Bombay with the ports adjoining,
mostly the property of natives—the oldest of which, the
Sir James Rivett Carnac, was launched in 1842.

CALCUTTA, Faa 20.
The arrival of the Bombay Express on the 13th instant,
followed by the general dispatch on the next day, put us in
possession of London dates to the 7th of January, 1851,
confirming previous reports of a quiet but firm market, and
the mare peaceable aspect of continental and political mat-
ters. This intelligence has but little influenced our export
market, any increased inclination to proceed to more active
business being kept within bounds by the still continuing
paucity of supply in most of our leading staples, which de-
termines holders towards extreme former and partially en-
hanced requirements, these offering but little encourage-
ment to home shipments; the rates of exchange and freights
participating to bring the cost of most goods to the full,
and in many instances higher value, than by last advices
the existing sale prices. Indigo has since last mail main-
taiued the then developed tendency of more general atten-
tion, which has been more actively followed up in the two
public sales of this week, imparting to prices a
slight upward tendency. Sugar in fair demand at
extreme previous value. In Saltpetre business has
ae
ctive,
;veathaernd within the last few days
easier. Rice experienced less gene-
ghtly given way. Raw silk
remains in a stringently firm
beenrpar
lice
request,
sa sv
and prices have
position, but buyers are far
from operating freely. Corahs of the better class are held for
purchases are entered upon
iwnictrhearseesd rer:et.es,sahtewll hlaicoh i limited
dye
in moderate request at
well supported prices. Oil seeds continue to be freely taken
withoutrather upward. m atuepriwalad. Jutelteratio firmer,invalue Which is, however, tend-
ingparticularly the better
qualities, but extensive transactions have not yet beea
re-
sumed.
islt
to
alter
nsome
with pleasurededegree
oteh
the
owdeesfpeoeln 'ourselves etlovnee which has s at list enabled
to
cha-
racterised our remarks regarding our markets for cotton
piece goods for some time past. The improvement has cer-
kinds
otafignoolydsb,eleenavcioungfinperdicetos
asanloiwnqasuibryefofroe,rsoanmdeinpasortimeenlinsartancee
still lower, but any movement in the market after such a
long interval of excessive dulnessi must be regarded as satis-
factory. Since the departure of the last mail a very brisk
demand has sprung up for grey shirtings, jaconets, and Glas-
gow fabrics, but without any advance in prices; on the con-
trary, in several instances, rather lower rates have been ac-
cepted. This spurt in the piece goods trade has usually oc•
curred in January, but this season it has been delayed several
weeks, owing chiefly, we believe, to the tightness which hes
prevailed in the money market, but which now has happily
relaxed, White figured shirtings, white twills, modapollams,
Turkey red goods, and prints and chintzes have not partake*
of the renewed demand. More business has also been
transacted in mule twist, but we are sorry to say at
lower prices for all numbers; we observe several sales
of 40s at 4 annas 4 pice., the best being worth 4-9 ; we
also observe that some parcels of twist have been returned
from Bombay. Several parcels of Turkey red yarn have been
placed at which is a consid.'sable reduction upon
the prices which were current abcbt two months ago. In
metals, copper sheathing has improved a little, and may now
be quoted at 31. Tile remains at 29-8. Iron continues de-
pressed, and sales have been made at still lower prices than
those quoted in our last report. Occasional sales of spelter
take place at a slightly improved figure, viz., 6-4. Nothing
has lately been done in lead, which remains nominally at
Sicca rs. 5-10.

The pressure for money in the bazaar has somewhat re•
laxed, but high rates of interest prevail without mitigation.
Exchange has continued in an upward course, and six
months' sight credit bills have been negotiated at 2-2%, do-
cument drafts 2-3 i to 2-2*, but fluctuated downwards since
yesterday, the lowest rates prevailing being for the former
2.2*, the latter 2-2 i.
Freights were well kept to last mail rates till the begin-
ning of this week, when they gave way 2-6 to 5-0 per ton.

Colonel C. Crawle, of 20th Bombay N. 1., command-
ing at Sholapore, died on the 25th ult., a few miles from
the Ilahabuleshwar hills. Ile was a smart officer, and
much liked by all with whom ho came in contact. Cap-
tain R. Dowson, of the sth Bengal N. 1., died at Bombay
on Wednesday last in a state of great destitution; he had
got thus far on his way home on sick leave.
The Bombay Board of Conservancy has resolved to
meet once a week out of doors in some specified locality
claiming their attention, in addition to their usual in-
door weekly meetings. Colonel Pew, of the Bengal
Artillery, died at Singapore on the 2nd of February, on
his way to Australia. Ile was one of the greatest spe-
culators in India ; in 1845 he is said to have been worth
250,0001.. In 1850 he was a bankrupt almost without
effects.

Casualties by Death in the Armies of India, reported
since the departure of the mail on the 17th Feb.:—
Queen's Troops—Lieut. W. C. Rose, 71th High-
landers, at Aden, on the Feb.
Bombay—Lieut. H. T. Walker, Ist Eur. (Fusiliers)
at Seroor, on the 19th Feb., Lieut.-Col. C. Crawley,
20th N. 1., at Bombay, on the 27th Feb.__
_ _

Bengal—Lieut. R. 11. Glennys, 44th N. 1., at Midna-
pore, on the 9th Feb. Col. Pew, Artillery, at Singa-
pore, on the 2nd Feb. Mr. Edward Waring, formerly
of the Bengal Cavalry, at Meerut, on the 16th Feb.
Captain B. Dowson, sth N. 1., at Bombay on the 26th
February.

COMMERCIAL INTELLIGENCE.
BOMBAY, SATURDAY EVENING, MARCAI 1.
We are glad to report upon the improved state of the
money market, occasioned by large supplies of bullion, which
arrived from England towards the end of last month. The
high rates of interest are, however, still charged by the
banks, but we look for the Bank of Bombay leading the way
to more moderate charges shortly. Securities are in demand
at rather improved rates. The following quotations may be
called the rates of the day :—Bank Shares—Bank of Bombay,
141/2 per cent. premium ; Oriental Bank, 16 per cent. dis-
count; Commercial Bank, 16 per cent. discount; Agra Bank,
4 per cent. discount. Government Securities—Transfer
Loan, 110 ; Company's Fives, 98 to 981si ; Company's Fours,
81% to 82.
The import market exhibited just after the departure of
last mail a rather more animated aspect than it had done for
some time previous, but the near approach of the lloolie
holidays has again caused a relaxation in demand, and till
their termination on the 20th inst. the native dealers will
not care for entering into transactions to any extent. During
the past fortnight the sales of imports have been pretty large,
but at no material improvement in prices. In our staple ex-
port, cotton, there has scarcely been anything doing for the
home markets, shipments being mostly confined to China.
Cotton Piece Goods—The inquiry has during the past fort-
night again been mainly for grey goods, sales of which have
had effect to a rather considerable extent, in consequence of
holders having submitted to rather lower prices in order to
clear off old accumulated stocks. Grey Goods—Jacconets
have sold to the extent of 16,400 pieces, at from Rs. 1/ to
Rs. 2.14.6 per piece. These have been of the higher quali-
ties, which are in some request, while the lower descriptions
are dull and uninquired after. Shirtings—The demand for
56-reed has been dull; for 60s. the inquiry has been mode-
rate; and the bulk of the sales has been in 52-reed 40 at
45 inch., 27,100 pieces of which have been disposed of at
from Rs. 3-11-0 to Rs. 6/ p.p. Madapollams— Sales 17,840
pieces, at Rs. 2to Rs. sp. p. The demand has continued
chiefly for those descriptions under 31bs. in weight, the value
of which has not suffered any decline, while for qualities
above that weight the demand has been rather dell, and
prices have somewhat declined. Domestics Transactions in
these have only amounted to 1,657 pieces, at Rs. 5,1,- to Rs. 12
per piece, and they are rather neglected.—Long Cloth—The
only sales reported are 740 pieces, at Rs. 5-3-0 to Rs. 61 p.p.,
but a fair demand exists for them. Stocks are very light. T
Cloth—Sales 8,500 ps., at Rs. 3-1-6 to Rs. 3-7.0 p.p. Demand
good. Bleached Goods—Sales of 2,21,0 ps. shirtings, 66 and
72 reed, at Rs. 5/ to Rs. 6/ p.p.., are the only transactions
reported in white goods during the fortnight. Medium qua-
lities jacconets, twills, and low descriptions of madapollams,
are in moderate inquiry, but we have not heard of any sales.
Fancy Goods—Some small demand exists for lappet scarfs,
low lappets, grey and bleached dhoties, at former rates;
_daycc,,,f
and bleached mulls have been in some request, atarsed el
prices; while for satin checks and spots there h
no inquiry whatever. Dyed Goods—Turkey red
tot totally
n , v
tli
mulls are in
very little demand ; twills and prints almost
ne-
glected ; and plain cloths remain as formerly reported
demand being confined to % widths.
Cotton Yarn—The sales during the fortnight have been, of
mule twist 223 bales, water twist 353 bales, and orange yarn
Si bales. In the two former, transactions have been mainly
confined to good quality 20s. and 30s. ; 40s. are dull ; and
prices of 509. have given way: Orange and Turkey red have
declined in value, and the inquiry for all descriptions of
coloured yarns has been dull.
Metals—There has been a decline in the value of nearly
all descriptions of metals during the fortnight, and demand
continues as dull as at date of last report. For iron, both
British and Swedish, there is scarcely any demand, and
prices of all varieties have gone down. The same may be
said of pig and sheet lead, spelter, tin plates, sheathing and
brazier's copper. Swedish
.steel and copper tiles remain as
before. The market for copper generally has become duller
than ever.
Cochineal and Saffron—No transactions in either. A good
demand continues to exist for the latter.
Woollens—The market for these fabrics continues dull.]
Beer—The market is still completely bare of both Allsopp's
and Baas's. In Hodgson's we do not hear of any transac-
tions. A sale of 20 hhds. W. Younger and Co's., at Rs. 62
per hhd., is reported.
Spirits—No inquiry for any description of spirits exists
except for brandy in wood, and we have no transactions to
report. _ _ .

Marine Stores—Very great dulness has continued to pre-
vail for all kinds of marine stores.
Exports—Opium—The advices received by the last China
mail on the 22nd ult. caused prices of the drug to fall to
Rs. 1,000 to 1,020 per chest, but they have again risen
to Rs. I,COO to 1,040, owing to the small quantity in the
market. This is the nominalrate of the day, no transactions
having had effect during the past ten days. The importation
of Malwa drug has as yet been to a very limited extent, and
there is a great scarcity of best quality, consequently our last
quotations have been firmly maintained, and pr:cei are
likely to advance before the departure of the next China
mail on the 19th inst.—Patna and Benarea had, at Calcutta,
on the 21st ult., both declined to Rs. 856 and Us. 844 re-
spectively. We copy from the Bengal Hurkara the following
account of the result of the third opium sale of the season,
held at Calcutta on the 10th ult. :
Chests. Highest. Lowest. Average. Proceeds.
Behar. 1,945 875 870 873-3-9 Rs. 16,98,450
Benares... 890 865 860 ,861-4-2 7,66,525
This shows a further reduction of the averages to the ex-
tent of Re. 50-8-2 for Behar, and Re. 48-9-1 for Benares.
Cotton Wool—The purchases during the fortnight amount
to 4,275 bales and 1,025 candies, chiefly for the China mar-
ket. Since the arrival of the last English mail, on the 23d
ult., a decline of some Rs. 4 to 5 per candy for Broach and
Surat, and of Rs. '2 to 3 for phollera, has taken place, some
3,000 bales of the former having previously been purchased
for the home market at Es. 122 per candy. During the past
week the purchases on home account haye been connued to