The Sun.
London, England, 1851-09-18 00:00:00

THURSDA Y

E VEN IN G,

I OVERLAND MAIL

INDIA AND CHINA.

(From the Chronicle.)

We have received, in anticipation of the Overland
Mail, our private correspondence from Bombay of
the Bth of August, papers from Calcutta of the ith of
August, and from Hong-Kong of the 23d of July.

BOMBAY, AUGUST 5.
(FROM OUR OWN CORRESPONDENT.)

I avail myself of the present opportunity of for-
warding to you, for express, via Madras, a summary
of the very few occurrences worth notice which have
transpired since my last communication.
The banks have agai❑ lowered their rates of in-
terest 1 per cent. all round, this measure having
been rendered imperatively necessary by the pre-
sent state of. the Money Market. In commercial
affairs little or nothing can be done during the pre-
sent state of the weather. Money accumuletes,
and until the end of September will not be much
in demand. The present reductions bring down
the rates to 5 and 6 per cent. per annum on loans
and cash credits respectively, 4 and 7 per cent. on
the discount of Government and commercial bills,
and 81 per cent. on deposit of goods. For the last
two or three years money was hardly procurable in
our market from the end of February to the begin-
ning of June. The story about the total loss of the
ship Sons of Commerce, which occurred about 15
miles from Aden, has been fully confirmed by intelli-
gence received from Aden. Two of the crew had
beers murdered—the mate and a sick man. All the
others made their escape, and arrived in camp in a
very exhausted state. The Hon. Company's sloop
Elphinstone was sent round on the Sunday after the
wreck, and on her approach the Arabs quitted the
wreck, where they had been very busy plundering.
The Arabs fired on the Elphinstone 's boats, but
nothing was done on our side. There were two
steamers in Aden harbour, but neither of them
in a condition to go to sea. The ship is full of
water, and cannot by any possibility be got off.
A plot for the liberation of the Dewan Moolraj
bas been discovered. A private letter, written in
the Naggaree character, having been opened by the
authorities, was found to allude to a plan which
had been formed to deliver the Dewan from bis
imprisonment, and to convey him to Nepaul. A
sum of 400,000 rupees had been subscribed by dif-
ferent individuals for this purpose. The plot was
a very bold one, and well arranged in all its details.
The arsenal was to be set on fire, and in the confusion
which would necessarily ensue an attack was to be
made on Moolraj's guard, the sentries put to death,
and the liberated prisoner conveyed to the river side,
where a boat was to be in waiting to take him across
to Hourah. Active measures have been adopted to
frustrate or anticipate the plans of the conspirators.
Dewan Moolraj has been removed to Allahabad on
account of ill-health, and it is supposed he cannot
survive many days.
The Overland Mails of the 7th July arrived here
on Friday last (August Ist), having left Aden on the
25th July, at 8.30 PM. The Peninsular and Oriental
Company's steamer Braganza has been taken into
dock for the purpose of being broken up, orders to
that effect having been received from London. Let-
ters from Meerut announce the death of Lieut.-Colo-
nel Byrne, late of her Majesty's 53d regiment, which
event occurred at Simla on the 20th July. Lieut.
Thomas Staples of the Ist Bengal Fusileers died at
Meerut' on the 19th ult. Major-General William
Bultine, C. 8., commanding the Cis-Jhelum division
of the army, died at Lahore on the 21st ult., in con-
sequence of a severe attack of bilious remittent fever.
He had served in the Bengal army for nearly forty
seven years.
Letters from Buroda mention the death of Major
Brown, the political agent of Sewn Kaunta, in con-
sequence of a fall from his horse.
Our Hyderabad news will be read with interest.
A month and a half ago it was contemplated that half
the amount of the Nizane's debt should be paid out
of the treasury of the Company's Resident there, by
the middle of last month. It has not yet been paid
in, but will doubtless be, and the balance of the
great debt will be probably discharged before the end
of the month of October. While the minds of all in
office are engrossed by this great incubus, disorder
and rapine have been making rapid strides in the
country, especially among the Arabs and Rohillas,
whose insolence, insubordination, threats, and boast-
ings are exhibited openly and with impunity. Bri-
gadier Mayne was grossly insulted by some Arabs
occupying a village, through which he was passing
with troops in the direction of Mominalud, where the
Nizam's officials had reported that twenty villages had
been plundered. he insult had been repeated, and
will not be allowed to pass without redress having
been obtained. The Arabs all over the country, and
more especially at the capital, having heard of the
intended measures of the Governor- General
against them as recommended strongly in-
deed, leaving no room for evasion in the celebrated
letter to the Nizam, boast openly of never quitting
the country till every fraction due to them is paid ;
and they say that not twenty or thirty of the British
army can expel them, and talk of strongly occupying
the city and forts of the country, behind the walls of
which they deem themselves invincible, and call to re-
collection their obstinate tenure of Nagpore and Ma-
ligaum, whence, in 1818-19, the British were un-
able to expel them till their own terms were complied
with, viz., the payment of a lac of rupees.
Brigadier Mayne was successful against the Ro-
hillas, to oppose whom he set out with bis little force
into the interior of the country. Private accounts
reached Hyderabad on the 25th, that the Rohillas had
made a sally against Major Mayne's little force, and
were beaten back into their Gurhee, were they kept
up so heavy a fire that the dismounted lancers wa-
vered and were about to retreat, till their noble com-
mandant lead them on by his noble example, and re-
deemed the day, killing and wounding two hundred,
and taking ninety-five prisoners. These accounts
enter into particulars with such circumstantiality,
of detail that deceive the most wary. This com-
munication was dated the 22d, and reached Hyder-
abad on the sth; but a letter from the briga-
dier, of the same date, reached the Resident on
the 26th, making no mention of the affair; and
no news having arrived on the 27th, it is certain that
the whole was an unpardonable hoax.
Another case of murder has been to-day committed
to the sessions for trial.

During the present rainy season the plunometer
has registered 81 inches 92 cents., eight inches in
excess of the average fall for a whole season, 32
inches in excess of the whole total of last year, and
nearly four inches below the fall in 1849, on the
same date.

Lord and Lady Falkland, the Commander•in-
Chief, and the principal members of society, are at
Poonab, enjoying the delightful climate of the Dec-
can. Bombay i 3 at present very healthy, and cho-
lera has entirely disappeared. The Chief Justice, it
is said, will leave India for England in May, 1852.
Trade is of course at a standstill, and will remain
so till the end of the monsoon. Freights are nomi-
nally 2/. 10s. to 2/. 12s. 6d. Exchange, 2s. ()id.
From Singapore we learn the total loss of the
Peninsular and Oriental Company's steam-ship
Pasha, on her voyage from China to Calcutta, on the
night of the 21st of July, off Mount Formosa, about
eighty miles distant from Singapore, in consequence
of a collision with the same company's steamer Erin.
The unfortunate ship, with sixteen of her crew, dis-
appeared almost immediately, and the other was
saved only by being beached. The loss is estimated
at 1,000,000 dolls.

BEI PTEI‘II3

fluctuated and are now decidedly lower; a good busi-
ness has been doing. In rice we have had hardly any-
thing doing as regards table sorts. Lower descriptions
keep up their activity. Raw silk is without change,
perhaps a shade lower in price. A little !easiness has
st length been done in silk combs. The market remains
lull. Jute has continued to move away at a decline.
Rides have been more inquired after, but show no im-
provement in prices. Safflower has been in favour at
former prices. Castor oil begins again to look up.
Linseed has been operated in very freely; while mustard
seed remains neglected. Both shell lac and lac dye are
extremely dull, and ever lower rates have failed to in-
duce any business in them. A good inquiry exists for
cutch, and prices are steady. Cowries appear to be
neglected, and shipments have ceased.
In minor articles an extremely moderate business has
been done during the week. Sales are—Turmeric,
1,500 mds. at Rs. 1 14 6 per br. md.; gunny bags, 60,000
pcs. at 9 8 to 10 per 100; wheat, 600 bags, at 1-10;
doll, 400 bags, at 1 10 to 2 per br. end.; buffalo horns,
200 mds. at 7-15 per 100; grate 250 mds. at 1-2; rum,
100 hbde. at 0 4 6 per gallon; buffalo horns, 9,000 pcs.
at 8 per 100.
In produce of Chins, Eostward, Sec., the following
business shows—
Malacca rattans, 900 owt. at et. rs. 4-1 to 4-12 per be.
sod.; China Vermilion, 10 boxes at Company's rupees
137-4 per box; block • tin, 600 ends. at ct. rs. 27.12 to
27-15 per fy. end.; Malabar pepper, 130 bags at ct. rs.
9 4-G per fy. End.; Pcgue arsenic, 12 boxes at Company's
rupees 19.12 per fy. seer.; cochineal, 37 :mds. at Com-
pany's rupees 3-6 per fy. seer; patchucle, 60 mds. at et.
rs. 8-4 to 8.8 per br. end.; gold leaf, 1,700 sa. wt. at 16
per st. w:.; Sycue silver, 90,000 sa. vit. at 104-12 per
100 50. Wt.; nutmegs, 11 boxes at 1 4 to 1.7 per fy.
seer; mace, 7 boxes at 1-12 per fy. seer; 7 boxes ditto
at sa. rs. 1.6 to 1-11.

The Money Market—We have no new feature to
notice under tniy bead. Discounts remain at unaltered
figures. Bank of Bengal shares have further advanced
in value, and are still firm, A very moderato business
has been done in Government securities, the value of
which is unchanged. Demand for accommodation re-
mains good, but is not so readily met,
Exchange—Transactions have been on a very limited
scale, and rates have been ruling at 2s. °id. to 2s. OP.
for credit paper, and 23. Gad. to 2s. 00. for document
bills, at six months' sight.
Freights—Although there is but little dead weight
offerieg, yet, owing to the scarcity of tonnage, rates
of homeward freightage remain firm at former quo-
tations.

Indigo—Market extremely quiet, without a sale to
report. Reports from the districts, lately received, con-
firm as in our previous estimate of 100,000 Inds. as the
probable out-turn. Accounts begin to be of a very varied
character, reporting improvement in some places, and
equal deterioration in others.

Sugar—This market had declined, but shows symp-
toms of mending, home accounts being e little more fa-
vourable. We have had a fair business this fortnight,
but at easier rates. Supplies are large.