The Sun.
London, England, 1856-09-15 00:00:00

(From. the Englishman.)

CALCUTTA, AUG. 8.
The interval since the despatch of our last mail has
been marked by some improvement both in Our import
and export trade, and a better feeling is gradually gain.
ing ground. 'We are placed in receipt by the London
mail of the 25th June last on the 31.,t ult., and by elec-
tric telegraph of intelligence brought by the London
mail of the 9th ult.

Our produce market during the past fortnight has been
comparatively more buoyant than at the time of the last
mail's departure, although the business transacted in most
of our leading staples for the home markets has not been
large. The American and other foreign buyers have been
the largest customers in saltpetre and linseed at higher
rates than English buyers could afford to pay. We do
not as yet to a certainty know what effect the accounts
just received by electric telegraph will base upon pur-
chases for the home market e but we have no doubt that
immediately after the despatch of the Fresent mail we
shall have increased activity. Meanwhile we might
add that we have had from the upper Fr3vinces large
supplies of sugar, saltpetre, and rapeseed.
We are happy to be able to notice an improvement and
greater animation in our market for British cotton piece
geode. The demand for all sorts of grey goods having
continued active, considerable purchases have been made
by native dealers, in some instances at enhanced prices.
Our stocks, however, have been suflciently large, which,
combined with the rather indifferent accounts from the
marts in the Upper Provinces, have prevented any exten-
sive improvement in the face of the easy and almost
glutted state of our money market, and the facility with
which dealers are enabled to obtain accernmodatione for
carrying on operations on a satisfactory basic In grey
shirting, jaconets, and rnadapollatus a very fair amount
of business has been transacted, whilst Turkey red goods
of all descriptions, prints, and chintzes, as well as mule
twist, have experienced an increased demand, and prices
are a shade higher. In metals, also, operations have been
carried on to a fair extent, and copper of all sorts, under
the influence of speculative demand and reduced stocks,
had advanced considerably, but our market closes with
a drooping tendency.
Money Market.—Large importations of specie and
bulli3n, and the further reduction of the Bank of Bengal
rates of interest and discount, have contributed to ren-
der our money market easier than at the date of the last
mail, and the aspect of the existing affairs gives hope not
only of its continuance, but of a further improvement.
On the 24th ult. the directors of the Bank of Bengal at
their weekly meeting reduced their rates 1 per cent', to-
gether with 5 per cent of the margin on loans of 4 per
rent. Government securities, and 3 per cent. on loans of
the 5 per cent. papers. Tho following aro the bank rates
at present : —Loans on Government securities, 5 per
cent. ; discount of private 1)11:8, 5 per cent, ; do, of Go-
vernment bills, 4 per cent.; margin on 5 per cent. papers
3 per con.; do. on 4 per cent. do., 15 per cent, The
amonnt of emit in the back's coffers hat of late been gra-
dually on the increase.
Governvnent;;eeurities--AVith a slight advance in the
value of the "Public Works Loan," other papers have
ruled alternately during the time that has elapsed since
the last mail, at almost the quotations then given ocea,
sionally fluctuating a little, although the operations of
late in the 4 per cent. papers have been of some magni-
tude. The apprehensions of a new 5 per cent, loan by
Government, which are far from being dissipated from
the minds of stockholders, native dealers and even many
Europeans, have proved a great bar to the improvement
in value or our stocks.

a-change—We have had a very steady mail this time.
In the earlier part our market was distinguished by an
unusually extensive business on London, American
credits selling at 24. I;`',d. per rupee, and document bills
at 2s. lid., 2s. 2d. being paid for choice paper by pur-
chasers. During the past week
.our quotations have