The Sun.
London, England, 1833-05-08 00:00:00

EAST INDIES.

The commercial advice,' received on Monday from Cal-
cutta, to thelGth January, staid that the distress occasioned
there by the failure of Messrs. Alaaaander and Co., a short
time since, had been considerably inareased by a public
notice issued by the extensive firm of Macintosh and Co.,
that owing to the losses they had successively sustained by
the failures of Palmer and Co., and of Alexander and Co.,
they could no longer meet their engagements. This news
had produced the greatest alarm among the commercial
and other interests in Calcutta. The amount of the debts
and engagements by Messrs. Macintosh and Co. are yet
unknown, but they are, it is feared, nearly as extensive as
those of Alexander and Co. It Wag expected that a letter
of licenae would be given to the creditors of Messrs. Macina
tosh and Co. for them to carry on the business for the be-
nefit of the estate.
By the same arrival a full statement of the affairs of
'Messrs. Alexander and Co. have been received. A very
numerous meeting was held a few days before the
accounts left, at which it was resolved to take advantage
of the protection of the Insolvent Court, for the purpose
nf winding up the concerns of the bankrupts. It had
also been resolved that, with the view of bringing the
affairs of the bankrupts to the most advantageous close
possible, it Wile expedient to allow such of the concerns of
the late firm to be carried on as were profitable for the
interests of the creditors. A report of the Committee
appointed to investigate the accounts of the bankrupts was
read, from which it appealed that the total debts due by
the company was 344 lees of rupees, and that there ap-
peared as assets 494 lacs of rupees. The Committee,
iaowever, thought that a deduction must be made in the
!axpe.cted assns of 60 2-3ds per cent., which would leave
only 196 lacs of rupees fur the creditors. The Committee
stated the balance in hand at 12,921 rupees. The total
value of the indigo factories, &c., belonging to the coma
patty was great. The colliery possessed by the bankrupts
was considered the safest property, yielding a profit of
!seventy thousand rupees a year. With respect to the
warellaal•es, and other property of this extensive
firm, tire repai•t of the Committee states, " in anticipa•
tion of the intercourse between England and India being
thrown open at the expiration of the Company's Charter,
whatever may be the re,,ult of the Company's Charter as
regard s.other matters, it may be considered probable that
permission will be given to individuals to come out and
oettle in India ; and, no doubt, that persons of enterprise
will come out and employ their capital, and thus the pro-
perty may be disposed oh"
The new% of the second failure excited a strong sensa-
tion among all classes connected With the trade to Ind:a
in the city on Monday, and feats are entertained that it
may involve several houses more.

Tuesday Evening.
The effect of the recent failures connected with
seems to have been chiefly among the Bengal merchants
and Cultivators of Indigo on the spot, or amongst a c!a a
of persons at home who have realized property in India,,
and were living on the proceeds of it, placed out ,a.t a
high rate of interest with the agency houses in qmstton.
To them the want will be productive of most acute dis-
tress, numerous families having been plunged by it
atones from ease or affluence to poverty, or, it is to be
feared- in many cases, absolute beggary. It is not, by
.anylo means, intended to pi-s lightly over ruin so exten-
ve as this, when it is remarked that the failara in

qaestion have ma le but a slight itnpreuion on the funds
or money market here, but there being comparatively
few among the active commercial nr moneyed into rests
who are sufferers by them, such is necessarily the c ise.
Some idea of the extent of private distress and privation
produced by these failures may, however, be formed,
when it is stated as a fact, ascertained subsequent to the
great failure of llossrs.'Alexander and Co. of Calcutta, that
a loss of annual income is sustained by two families resident
in Cheltenham alone to the amount of 70,0001. The eager.
nesa after a very high rate of interest, for that allowed by
the Calcutta houses was seldom less than 8 per cent., is
characteristic of most persons who have realized property
in India, where the Government itself, for a long series of
years, paid a stil higher rate than that named. But as
that rate was gradually lowered in the public debts of the
Presidencies, and as commercial profits were declining in
a like proportion, it became certainly a species of impro.
vidence, for which the parties have dearly suffered, to con-
tend still for the same return from private individuals for
the capital invested.
Toe house of Macintosh and Co., of Calcutta, made,
it appears, previous to the failure, extraordinary efforts to
maintain its credit, having paid away in the course of
two or three weeks, during the first inn upon them, not
less than 600,0001. Great exertions were further made
to avert the calamity by the native merchants and indigo
planters connected with the house in question. They not
only mule liberal offers of assistance from their own re.
sources, but besieged the Council at Calcutta with appli-
cations to obtain that of the Government also, but, as has
been already stated, without effect, and the result being
found inevitable, the stoppage finally took place.
The advices from Calcutta state that news had arrived
there that an attempt had been made to set fire to the
arsenal, in which there were 2,000 barrels of gunpow-
der. The fire was discovered before any considerable da-
mage was done. The Governor-General bad offered a
reward of 5,000 rupees for the discovery of the offenders.

SHIPPING INTELLIGENCE-(THIS DAY.)

FROM LLOYD'S.

DRAT, MAY '7.—Wind N.N.E —Arrived from the
River, and sailed, the Rose, the slarquis, and the Minerva,
for China. Arrived, and sailed for the River, the Cesar,
Thompson, from Bengal. Sailed a French frigate for the
Eastward, and the Arab for New South Wales.
PORTSMOUTH, MAY 7.—Wind S.E.—Arrived his
Maj-sty's ship Buffalo from London for Van Diemen's
Land. Sailed his Majesty's ship Hyacinth for India.
PLYMOUTH, MAY 6.—Arrived off port the Vesper,
Brown, from Bengal.
FALMOUTH, MAY 6.—Wind E. to S.E. fresh gales.—
Arrived his Majesty's ship Royalist from Lisbon, sailed
28th ult., off Oporto Ist inst. ; his Majesty's ship Speedy
from Portsmouth, and his Majesty's ship Pike from Ply-
mouth ; the Greyhound, Rivett, from Cephalonia, and
the Vigilant, Langden, from Seville. Sailed the Swallow
packet for Jamaica and Carthagena, and the Lyra packet
for Halifax and Bermuda.

LIVERPOOL, MAY 6.—Arrived off port the Swallow
from Bahia, and the Westmorland from Pernambuco.
LISBON, APRIL 27.—" NotYng has been published
regarding quarantine on vessels from England, for which
reason it cannot positively be stated that it has been done
away with."
ST. ÜBES, APRIL 25.—Quarantine has ceased upon
vessels from all ports of Europe, except Cork, Dublin,
Guernsey, and Jersey, provided they bring clean bills of
health, certified by the Portuguese Consul. The Condor,
Athol, from London, is ordered to perform eight days'
quarantine, the bill of health not being certified.

The Mary, Morris, from Demerara to Dublin, was
totaily lust in Crookhaven Bay the Ist instant, with seven
of the crew.

The Providence, Blackstone, from Newfoundland, has
put into Figueira with damage, and leaky.

SPORTING INTELLIGENCE.

NEWMARKET SECOND SPRING
MEETING.

Monday Night.
Since our last, the following arrivals have taken place :
—Earl Jersey, Earl Verolarn, Earl of Lichfield, Lord John
Fitzroy, Lord Berners, Lord Charles Manners, /lon. Capt.
bus, General Grosvenor, Colonel Udney, Colonel and
Lady Alice Peel, Colonel Sowerby, Mr. Massey Stanley,
Mr. Thornhill, Mr. Thornhill, jan., Mr. Payne, Mr.
Irby, Mr. )\ew•ton, &c.
A match has been made for the Craven Meeting, 1834,
between Mr. Osbaldeston's The Sadler, 9st. 21bs., and
Mr. Ridsdale's Glaucus, Bst. albs., for 200 sovs., h. ft.,
D. M. ; to be run o❑ the Monday.

Vansittart has sold RubiOi to Lord Uxbridge, for
500 guineas.

Dinner parties this evening at Lord Chesterfield's, Duke
of Rutland's, &c.

Tuesday.
Match.--Duke of Richmond's Ketchup (Rivis) beat
Lord Exeter's Byzantium. T.Y.C. 50.—Won by a
length; 5 to I on Ketchup.
Sweepstakes of 10 sous. each, for 3.yr-olds, '7st. 41h. ; four
yrs., Bst. 71b. T. Y. C. The winner to be sold for 60
sows., &c. Seven subs.
Lord Stradbroke's b. g. by Camel, 3 yrs.
Mr. T. Wood's Sierra, 3 yrs.
Five others started. Won by a length. Betting, 6to
4 on Carlton ; 6 to 4 agst Urs ad; 7to 1 agst Sierra.
Handic)p Sweepstakes of 10 sous. each, for 3-yr-olds and

upwards. D. M. F.ve
Mr. Kent's r. f. by Whalebone, 3 yrs.
Mr. S. Day's Landrall, 6 yrs 2

Three others started. Won cleverly. Betting, 4to 1
agst the winner ; sto 4 agst Vol tge ; 4 to 1 agst Elisena ;
G to 1 agst Messenger.
Handicap Sweepstakes of 10 sous. each. D.M. Five subs.
Mr. Yates's Vagabond, 4 yrs 1
Mr. Batson's Mixbury, 4 yrs 2
Three others started. Betting, sto 2 agst Mixbury ;
6 to 4 agst
Fifty sous. for 3 yr-olds ; colts, S+t. 71b. ; tiliies, Sst. 41b.
R.M. Twelve subs. Entrance 7 gs.
Mr. Sowcrby's Catalonian, by Skifl'
Sir S. Graham's Jason
Several otters stated, but only two placed. Won by a
head.

KINGSTON HOUSE ROOMS, TUESDAY NIGHT.
The following important changes have taken place in
the betting :

DERBY.
6 to 1 agst Mr. Ridsdale's Glaucus
12 toll agst Mr. Grevillc's Br. to Grampus
13 to 1 agst Mr. Wo A's Titian
9.0 to 1 agst Lord Verulam's Little Cassino
16 to 1 agst Catalonian and Ketchup
6 to 1 agst Lord Exeter's lot and Br. to Error

A match is made for to-morrow between The Satldltr,
71b. and Rubini, 7st. 111 b. A.F. 100, h. ft.-6 to
5 on The Saddler.

Tlie following are named for the Two-yr-old Stakes on
Thursday :—Twatty colt, Aline cult, Nessus's dam cult,
Rachel filly, Brother to Forester, Aladina filly, Skimmer,
Zitella, and Fancy colt.