The Sun.
London, England, 1856-12-16 00:00:00

THE OVERLAND MAIL.

We have received, by Extraordinary Express,
our correspondence and files of newspapers from
India. We subjoin extracts from them.

(From the Overland Bombay Times, Nov. 17 )
SIIMMARY.—The Persian Gulf expedition has all
now sailed, and the perfect and efficient manner in
which it has been organised reflects honour on the
local authorities. There seems to have been no re-
striction as to expense, but we have no reason to
suppose but that the public resources, heavily
taxed as they must have been, have been adminis-
tered wisely and judiciously.
The proclamation of war issued at Calcutta on
the Ist of November was promulgated at Bombay
on the 10th. The treaty of 1853, alleged to have
been violated, is stated to have been betwixt her
Majesty's Government and the Shah, and the Go-
vernor-General intimates that in carrying out the
recent arrangements he is acting under instructions
from her Majesty's Government. As the fiction is
still maintained that India is governed by the East
India Company, and as no treaty with the Shah in
their name exists, the company's relations with
Persia being purely commercial, this may be as-
sumed as an admission that the present is an Eng-
lish war, and that the charges will fall on the Royal
Treasury. In the manifesto it is stated as the
grounds of the present movement that the treaty
of January, 1853, precluded the Shah from sending
troops to Herat, or interfering with its internal
affairs, unless it was threatened by a force from
Affghanistan, the object being to retain the frontier
principality in a state of independence. In Dec.,
1855, the Persian Government intimated its inten-
tion of sending a force to Herat, on the plea
that Dost Mahomed, having moved on Canda-
har, purposed proceeding northward to the Per-
sian border, instigated thereto by his " neigh•
bours," the British Government being clearly
indicated by the term. Herat was accordingly
beleaguered by the Persians, its affairs interfered
with, a ruler prescribed for it, and the territory
at
once pronounced Persian soil. fler Majesty's
Go-
vernment having remonstrated in vain, had con-
sidered this a positive act of hostility against Great
Britain. The British Government having faith-
fully observed its obligations, inn
have
visitedwaycounselled
.
Dost Mahomed, who seemed to
har to tranquillise the country, on the death of one
of his brothers who govern edthere. The expedi-
tion now on its wayd to the gulf was therefore
directed to be organise at Bombay, to act in such
manner as might be afterwards ordered,
not quite yetrdered, and compel
the Shah to keep faith. It does
ibslan y g reat probab of con-
appear that there
act, and very possibly the Shah, when helity hears of
an armament on his shores, may promise all that is
desired of him—that he will ever dream of keeping
his promise a moment longer than suits him it were
insanity to suppose. The perseverance in offence
the proclamation reveals gives colour to the assump-
tion that he is a mere puppet of the Czar. And it
has been rumoured here that nussia is already pre-
paring to occupy the long-coveted province of As-
terabad, and keep it in pledge till the moment we
descend on Bushire. In this case we are playi.g
the game of the enemy, drawing them on towards
our frontier by the very measures proposed for
keeping them at a distance. Of course the demon-
stration will serve no end whatever beyond proving
how reckless we are of our resources, and how
easily drawn into the wildest of warlike adventures.
It is in matters of peace improvement alone that
we deliberate and delay. If we really are in ear-
nest in our apprehension of the approach of Russia
the Baltic seems the place for our warlike opera-
tions. It is but indifferent generalship to send
troops from their base of operations and sup-
plies to meet an enemy still within his own
frontier, and who may choose the time for
attack when we are most at his mercy. We do
not require to prove that we can send 5,000 or
50,000 men wherever our fleets can carry them,
when it suits our pleasure. It has not yet been
shown that we have either men or baggage cattle
that can live on air or sleep in snow ; until such
are provided, we can just as little force our way
into the interior of Persia as into that of Russia
itself. Already the commissariat and quartermaster
general's departments report that supplies must
all be sent from Bombay, that our troops can be
subsisted only fr, m our ships, and that the villa-
gers have only to retire before
us, when we starve
before we are .100 miles from the shore. During
the 200 years we have occupied India we have
never deemed Murat worthy of a treaty ; how it
should have come to be fc deserving of more
thought in 1853 than during the previous century
does not appear. It will be admitted that had we
been without one the want would have occasioned
' u-; no injury now, and would have exempted us
from a war which may involve England in embar-
rassments of which no man can tell the results.

An orderhaSlust been Promulgated by the magis-
trate of Poona, under instructions from Govern-
ment, prohibiting hook-swinging and other bar-
barous practices throughout the Poona Zillah.
Such a measure has long been desired by all who
wish for the improvement of the natives. Of old it
was believed—or careless and idle minds found it
convenient to believe—that it was dangerous to

meddle with any native practice however immoral
or revolting, that was connected with or claimed
the sanction of religion. But times are changed
and innovations which might not safely have been
attempted a century or half a-century ago the age
is now ripe for. Suttee has long been suppressed.
Female infanticide is no less strictly interdicted,
and now Government sees its way to the abolition
of hook-swinging at fairs and religious festivals. It
has not acted hastily or without making inquiries
as to the extent to which the practice is carried on,
and the light in which it is regarded by the en-
lightened portion of the community. On the lat-
ter point the information received is stated to have
been highly satisfactory.
Another barbarous custom, also prevalent at
Jejooree, is interdicted by the proclamation of Mr.
Davidson. A man runs a sword through the fleshy
part of his leg for about a foot, and, drawing it out,
sprinkles the blood on the entrance of the temple.
For this feat he receives large free-will offerings
and the right to perform it is vested, as a valuable
privilege in a body of about 15 families, to each
individual of which it comes round once in about
six or seven years. These men, however, long ago
declared that they would be glad to discontinue the
practice (which Mr. Mitchell thinks is a remnant of
the rite of human sacrifice) if their incomes could be
assured to them.

Profound tranquillity reigns throughout our
own dominions, and we have not so much as a bor-
der foray or agrarian outrage to chronicle.
The Governor-General and Governor of Bombay
are at the seats of administration Lord Hauls
wag expected at Sedasheghur on the 10,h inst.
The import market has been pretty rteady and
business done to a fair extent. The money market
during the fortnight has become decidedly tighter,
and the banks have again raised their rates of in-
terest 1 per cent. all round, which now range from
6 to 9 per cent. ; securities of all description have
given way in value, and are very difficult of sale.
Freights continue firm, and the accounts of the
grain crops appear to be very favourable.

PROCLAMATION BY THE GOVERNOR-
GENERAL OF INDIA.
Political Department.
The Right Hon. the Governor in Council is pleased to
re-publish, for general information, the three fo lowing
proclamations, issued by the Right Hon. the Governor
General of India in Council, under date the Ist inst.
By order of the Right Hon. the Governor in Council.
H. L. ANDERSON, Secretary to Government.
Bombay Castle, Nov. 10.

PROCLAMATION,
Foreign Department, Fort William, Nov. 1, 1856.
The Right Hon. the Governor-General of India in
Council having, under instructions from her Majesty'.
Government, directed the assemblage of a British force
at Bombay for service in the Persian Gulf, deems it
proper to make known the reasons which have rendered
this measure necessary.
In the month of January, 1853, certain articles of
agreement were concluded between Lieut.-Colonel Stieil,
her Majesty's Envoy Extraordinary and Minister Pieni
potentiary at the court of the Shah of Persia, and his
Highness the Suder Azim, or Prime Minister of the
Persian Government.
By those articles the Persian Government engaged not
to send troops to Herat, on any account, unless foreign
troops, that is, troops from the direction of Cabul, or
Candahar, or other foreign country, should invade
Herat. In the event of troops being sent, the Persian
Government engaged that the said troops should not
enter the city of Herat, and that, on the return of the
foreign troops towards their own territory, the Persian
troops should be immediately withdrawn from the neigh-
Leiurbood of Herat to Persian soil.
The Persian Government also engaged to abstain from
all interference whatsoever in the internal affairs of
Herat, whether " in takiug possession or occupying or
assuming the sovereignty, or governing, except in so far
as interference existed between the two parties during
the lifetime of the late Yar Mahomed."
And, lastly, the Persian Government engaged to re-
linquish all pretension to and demand for the coinage, or
the reading of the Khoetbeh, or any other acknowledg-
ment of allegiance or subjection, on the part of the people
of Herat to the Government of Persia.
It was at the same time stipulated that so long as there
should be no interference of any sort whatever on the
part of the British Government in the affairs of Herat,
the engagements contracted by the Persian Government,
as aforesaid, should remain in full force and effect. Om,
the other hand, it was agreed, in the name of the
British Government, that " if any foreign powers, such
as the Affgbatie or others, should wish to interfere with
or take possession of Herat, the British Government, on
therequiintion of the Persian ministers, would not ob-
ject to return such foreign power by friendly advice,
"so that Herat might remain in its own state of inde-
pendence."
While the British Government has faithfully and con-
stantly adhered to the obligations which it accepted under
the agreement of January, 1853, the Government f
Persia has manifested a deliberate and persevering dire-
regard of the reciprocal engagements by which at the
same time it became bound, and is now endeavouring to
subvert by force the independence of Herat, which was
the declared object of the agreement in question.
So far back as December, 1855, the Persian Govern-
ment, by an article in the Teheran Official Gazette, an-
nounced its intention of despatching a force to Herat,
alleging that the Ameer Doft Mahomed Khan, the ruler
of Affghanistan, had been instigated by his "neighbours"
to possess himself of Candahar ; that having with their
assistance succeeded in that enterprise, he meditated an
advance upon Herat ; and that an armed demonstration
in the direction of Herat was required for the preserva-
tion of tranquillity in Khorasan.
This assertion that the ruler of Affghanistan was in-
stigated by his " neighbours " to occupy Candahar, or
that he was assisted by them in possessing himself of
that city, or that he received advice or encouragement
from them to advance upon Herat, was—if by those
" neighbours" the British Government is indicated—
wholly untrue. No such instigation, or assistance, or
encouragement (direct or indirect) had been givenythe British Government ; nor, so far as the British
Go-
vernment is informed, had there been, when theeeasser-
tionrpest
b
was made, any act oa the part
Mahomed Khan evincing a design to advance'lirn upon
Herat.
Nevertheless
oeeerrnsmieeenthas
troops executed
it si intention. Not
theot Persianonly G
have Persian o
although the contingency which
at lit
eene territorycould i
unsitillafyesructie an act has not come t pass, hut
they havelaid
; whilesiege h
to thet
the government
city, and
have o
f Teheran
h notas its
only
internal affairs
assumed the right to nominate the ruler of Herat,
but, in addressing the present chief of the city, has
declared Herat to be Persian soil.
The siege of Herat has now been carried on by the
Persian army for many months. Before its commence-
ment, and during its progress, the unfriendly sentiments
of Persia towards the British Grocaevieerdreanedtneetteehfratmrvie.erejapbtseioeinnn.
scarcelydifferent vpiseirl
ts e;
fapnderrseiacehnativye tihned
to persist in an aggression which is as unprovoked as it
ispr
ocTnobnoeut contrary to tuboeytg eheoefdr aihiaet
Majesty's
PersianG
oyel Governmentntn ernit tino constitutehas
tion has been sought, but withourt :twee ta
an act of open hostility against G: eat .Thßepairha:
Heratawa l
to
of
Persianthe
been fr o
demanded,
mthe n d
esds'a a neighbourhoodperewlprelimi-
nary of
nary to the adjustment of differences to which the acts
of Persia alone have given rise ; but the demand has
been evaded, and, according to the most recent accounts,
a Persian army still invests Herat.
Friendly remonstrance having failed, and a reasonable
requisition having been rejected or put aside, it becomes
incumbent on the British Government to take measurer;
by which the Persian Government shall be convinced
that solemn engagements contracted with Great Britain
may not be violated with impunity, and by which effec-
tual guarantees against continuous breach of faith shall
be secured.
To this end a force has been directed to assemble at
Bombay, and will embark as soon as the necessary
arrangements shall have been completed. The further
operations of the force, after it shall have reached the
Persian Gulf, will be guided by such instructions as the
progress of events and the policy of the Itritish Govern-
ment may demand.
By order of the Right Hon. the Governor• General of
India in Council.
(Signed) G. F. EDMONSTONN,
Secretary to the Government of India.
PROCLA3IATION.
Foreign Department, Fort William, Nov. 1, 1856,
The Right Hon. the Governor General of India in
Council having, under instructions from her Majesty's
Government, directed that hostile operations against
Persia shall forthwith be undertaken, is pleased to order,
and it is hereby ordered, that Per: inn merchant vessels
which, at the time of the publication of this order, shall
be in any ports or places in her Majesty's Indian terri-
tories under the government of the East India Company,
shall be allowed 30 days, from the date of the publication
of this order, for loading their cargoes and departing
from such ports or places ; and-that such Persian mer-
chant vessels, if met at sea by any of the ships of the
Indian navy, shall be permitted to continue their voyage
if, on examination of their pap-rs, it shall appear that
their cargoes were taken on board before the expiration
of the above term. Provided that nothing herein con-
tained shall extend, or be taken to extend, to Persian
vessels-having on board any officer in the military ser-
vice of the Persian government, or any article proliiiiited
or contraband of war, or any despatch of or to the Per-
sian go'vernment.
And it is hereby further oriered by the Right Hon-
the Governor General in Council, that any Persian mer-
chant vessel which, prior to the Ist day of November,
1856, shall have sailed from any foreign port, bcrand for
any port or place in any of her Majesty's Indian terri-
tories, shall be permitted to enter such port or place and
to discharge her cargo, and afterwards forthwith to de-
part without molestation ; and that any such vessel, if
met at sea by any of the ships of the Indian navy, shall
be permitted to pursue her voyage.
The Right Hon. the Governor in Council of Madras
and Bombay, the Hon. the Lieutenant Governor of Ben-
gal, the Governor of the Straits settlements!, tht Con"
inissioners of Pegti and of the Tenasserim and Martaben
provinces, and all officers arid authorities whom it may
concern, in her Majesty's Indian territories under the

government of the Eaat India Company, are required to
give the necessary direction, herein as to them may re-
spectively appertain.
By order of the Right Ron. the Governor-General
of India in Council.

(Signed) G. F. EDMONSTONN,
Secretary to the Government of India.
PROCLILMATION.

Foreign Department, Fort William, Nov. 1.
The Right Hon. the Governor-General of India in
Council, being desirous that the hostile operations now
about to be undertaken against. Persia should be attended
with as little injury as possible to individual interests, is
pleased to notify that all subjects of the Shah of Persia
residing within her Majesty's Indian territories under
the government of the East India Company, and not
being consuls or consular agents in the service of the
Persian government, may continue to reside therein with-
out molestation in respect of their persons, their property,
or their lawful avocations, and that they will enjoy pro-
tection so long as they shall abstain from all acts hostile
to the British Government, and shall observe due obe-
dience to the laws under which they live, and to all
res,lutions or orders of the Governor-General of India
In Council.
By order of the Right Hon. the Governor-General of
India in Cone cil. _ _ _

(Signed) G. F. EDMONSTONE,
Secretary to the Government of India.
(True copies) H. L. ANDERSON,
Secretary to Government.

COMMERCIAL INTELLIGENCE.
THE BOMBAY MARKETS.
REPORT ON THE STATE OF THE BOMBAY MARKETS FROg
Nol. 4TH TO 16TH.
The Overland Mail from London, of the 10th Oct.,
reached Bombay in the afternoon of the 6th inst., Par
Peninsular and Oriental Company's steam-ship Madras.
Our money market during the fortnight has become
decidedly tighter, and the banks have again raised their
rate of interest 1 per cent. all round, which now ranges
from 6 to 9 per cent.
Securities of all descriptions have given way in value,
and are very difficult of sale.
The accounts from the interior of the growing grain
crops appear to be very favnurable.
hfroltTS.
Cotton Piece Goods—Tire market has been pretty
steady, and a fair amount of business has been done,
Owing to a further rising in the rates of exchange the
holders continue anxious to realise more, and in collo'
quence there is no change for the present of increase in
value. Grey shirtings, 40 inches, of all descriptions,
are in fair r, quest, but there is little change to be noted
in value ; 45 in. have dt dined 1 to 11 arms, at which
they are in demand. Grey domestics of all description/
are dull of sale. Grey T cloths have become dull, and
have declined 1 to 2 annas, except 51b., which are in fair
demand, and have advanced 1 anna. Grey madapollame
of all descriptions are in fair request. Grey jaccoocia
are in moderate request. Grey long cloths have been
in good demand, and large ,ales have been effected, but
are for these last few days less inquired after. of
B eached and Fancy Goods—Bleached shirtings
low quality are in demand ; others are dull of sale. °ea
bleached madapeliams the same might be said ; bleach
jacconets, low to middling, are in demand, those °
higher qualities being dull ; bleached twills are scarce,
and in good demand ; satin spots are in very good d,e;
[nand, d are rather scarce ; Turkey red plain is d'i`i!
twills of stout quality are scarce and in demand. infel(lf
are in moderate inquiry ; mulls are in fair den3and. _
fancy goods low lappets, plain and coloured mulls,
10 d
book muslin, plain and dyed lappet scarfs, and graY
612 ached dhoties are in demand; bleached mulls nsiddlla!
and higher, and fine book muslin are dull ; dyed 01 of
pollams, 28 yards, are in inquiry, as also dyed walla
good quality ; lower of the latter are dull. iy
Cotton Yarns—Both mule and water have been
et,
good demand, and a fair amount of business has. b_e„r
done. There is no change in value except in 40
and mule, which have advanced slightly, while 70 0
Od
80 of the latter have declined a little. Dyed oraDgeAr
dell, Turkey red in fair request, and green is in 03°'
rate itais— Enquiry. •1 rib,
both bar iron, sheets, hoops, and nal tb,
both square and round, are in good demand, but to
out change in value. Swedish bar and steel, in faggf.
and tubs are in demand—the latter had advanced a
Pig lead is in good demand, while *fleet is dull.
plates are in demand. Spelter has advanced, and Itsio,
good demand. Copper—Braziers', sheathing, ancittoels
are in very good demand, and have advanced. Bo An&
are in demand, but there has been no change in 1100
Nails are dull, rod scarce ; while of South 11-werisie
there is none available. Lead, both red and white,
demand. Quicksilver is rather dull.
Saffron of the best quality is in good dernand.
Cochineal of the best quality is in very good degas" '
and has advanced a little in price.
Woollens—The market Alas been tolerably steady
Flannel of all descriptions c.intinues in demand.,. river
Spirits—Brandy and gin are both dull. The 0:',__100
declined 2 ans. per gallon in wood. Beer of ail vi•
is very dull ; 3O hhds. brew sold at Rs. 36•
bleached,
is in
Mar
moderateines Stores—Cinquiry.anvas,Twine bothis dull. Oil of
50,1 ruseed
and spirit of turpentine are in demutd.
EXPORTS.
activity, C ottonabd
prices Wool—The
hamvearakdevtahbabse
de xbhni iat,Ld
dle.scq'Phere
both for delivery on the spot and for arriva
no stock of any kind generally cleared. 0
les both Po
the extent of 15,000 candies, or 30,000 ba
h market
nd old, have been reported for the En,';
while for China there is very little doing..
at
quote..o;
Surat and broach, old, at Es. 112 ; Dhollera,_
_t4itts.
Ootneravuttee at Rs. 107 ; Compta, at Rs. 106
garole, at R. 'lO5 ; and Saugioned, at Rs. 1.
eonsidetrajoholoe:
Hemp—No transactions have been rep orte ie of
6.20•
English market, but purchases continue to be au
Pus' cdhafsoers to
local consumption. • gs 64
Sheep's Wool.—This
demand, and the -prices
f ality of a recent importati°;
consequence of the good qu i 00
scarce. About
bAeebnozu.nt
bmaithrioarlacssomuntinhuaevse landvvearbyeed
good demand, an
purchased by native h Per
s ,p 0
uungs of the former were
Coffee.—Both Modcha
the andlattt latter s coastsc
prices continue as before.
Bhutcol and Malabar in demo °.
and of the latter about 300 bags changed hands.
Pepper.—Both • are .lO
The latter is scarce, but there has been no chaeg"
the value. Si ;
B'
Oil Seeds.—Present delivery has advanced to ee' poe
delivery in January, Rs. 4 6-16ths. Holders CO11"o,
firm. Of Gujerat rape seed a small quantity of 6A° :c for
has been imported, for which Rs. 41 is the &Menu for
arrival in January, Rs. 41. There has been e° tr, 41
action, but the market is very firm. Kurrnchee,
for ungarbled, and Rs. 4i for garbled. No treonsafTeell
have been done, hut the market is very firm. ;furor
Kurrachee, 12,000 candies were brought by
house a day before the departure of the last pest,
livery to be completed within the let of March ne
Re. 21 -I
an._ Ghattee at Rs. 22. Niger is ie dam
47 • ,
for local consumption, at Re. 17.
bi
Opium.—The market since the 14th inst. has esterilt of
considerable activity, and p „
urchases to the ex 1,050'
1,500 chests have been made at for Indore OP
a..d for Rutlam and Mundleisur Rs. 1,056 to
nolo
which are the rates of the day. LieerP:
Tonnage..—Freights continue firm ; f.°l for Oble
31. 7s. ; for London, 31. ss. to 31. 7s. ad. ;
wet
Re. 11 to Rs. 12 per candy, coo° rat'
Exchange --A large suppl of bills having fi
to is', at of
China, the rates advanced to 2e. 21d.
chi firm, class paper, with a large business.
two, however, the rate has been leFri.tolling to
the col•
drawn bills have sold at irregular rates 30
night, commencing at 21. 21d. and up t°," gacfrafft
cutta Courts Bills, 60 days' sight, 97i
days', 98,i ; China, 60 days' sight, 215.

.. .
--.
(From
theCoAvLerClaUuTdTteugM.aAl
BRlCtirtTkt4;., soy. s.) 0
with and Oriental Compm"Y's steler'
Bengal,ylreusmte rL.
arrived on the 30th ultimo, and the telegrap.hic wee To
danydpounttLuosotnihndeon mail of the 26th of Septe
to„
, ManodnetyherMe ahraksebteeruernu
discount and interPleo°s
p,aTrticularly for Manchester goods.
The rts th em a r ktstells.teoghBfai °°sEicsth°oofbarecr:raa °er
healthieral at:9;ll6°ot'
.sueinte d
Government Securities naooitn
being greater willingness to sell than to purchass. il
Exchange—The business done for the out-going 100
supplyLbii lgl bills
thpn ,i snit
gab
seaennd beenE i steadyeryreceivedca tro2s
sl,firjounitsot
arrive
iiluviae.d
a alterationsch easyi in as last
al afttosirtt: s rtr :
etrre;
has been on a moderate scale. The rate for first %el
~yvvhthicohowtTs
..„00
Only a 11
at 2 11 to 2 1 9-16th:
BILFORTO 610
Raw Silk—Notwithstanding 'the last accounts . os.
home the market has been pretty active, and sonle trnadia
filature actions
have taken place at full former prices. gur°„rder•
!attire silk continues in good demand, and we Ll'beee
stand high offers being made for some parcels haceo,
refuted. The fall at home does not teat these sororic
. bilk Piece Goods—Supplies of corahe are doll'', oers
mg from the districts, but being in few bands P°sooo
sub
firm in their demand ; they must, owsver'i, ISO
bmit to lower prices, as the stock in the mart
ery
increasing, and the qualities being such as o°t , pd
e,nrage transactions at high rates. Banda-0",0 Vs.
ehoppahs have also improved in price about Re. "0. A.
6 per corge, but we have heard of no transactiono per
purchase of pis. 112 Tusser is reported at Rs. 5
piece. :„, boi°4ll
Cotton.—The favourable accounts from Ch'.o,4- 0+"
caused a rise in the market. Banda is Rs. 0 8 to nj Elieo
per maund higher. Jaloon and Bliootnaghor It°*
Rs. 0 8, and Furrackabad Rs. 0 4 per maued alo°
prices current a fortnight hack. .g. 141'4
Suciar.—Supplies in the market continuo fori,,,oese
and Semand for 13.,mbay unabated ; prices 120Aen; (At
quently risen about 10 to 12 annas per tosunia-p-eare'l;
last quotations, for yellow to white descriptions '-'",boo'
41)toonisa insuanrarsi.vinGg
afrrepealtya,
and
dd
Dfaasuaalos,o risen io Priae lot.
Operations for Great Britain are bmited. lOst
Saltpetre.—The market has improved since Or rico
under,aoirtil
dvl.
arGn iernaeefdare
ter4dioutroc sortse
Britain.6d
a I onhcapkasvr,
pi
eau
enearscil
suonf
fa)aGii rmuuinpdniqo.
au:
aenrsynoc: ipiinbcri
yiohtegtt let
il Itievoirvitiltg:
to
agialGunno&rn,croelrdaei.fpctaoarertiß.t. competition_tfirhirte.rifirm
aimn4p i;c
0 operatl tines
of a t
bsuotrtthheasinbqUili!iitiianfr tdheercatolonies co::3oal-
raiticreitiuTs,heßdueuiXonnd faonrdi=gab, Ycaolir7lnurets6'
prices have slightly improved. Stocks :, eo
the market are very light, and the new crop ~
expected to arrive before a month hence. 1006'
Freights.—The intervention of the native ho tbe
Irbßnedngtahle, 131 inn: ei tecda n retrogradations?dearai°D li
iathhe °Mar er Wiveral cl°4'teS

....ONE Y MARKET

clam*,l

, - •
, 0';

ITV Two o'cf%o,

In the Liverpool Cotton Market yesterday there
wan a very moderate demand, and prices firmly
maintained. The sales were about 7,000 bales,
15,000 on speculation and for export. The Rail-

way Share Market was inactive, and prices slightly
declined.

The Colonial Produce Mat kets are generally
rather quiet, but it is expected that a moderate
business will be done during the week, a fair num-
ber of public sales having been advertised. The
tallow market is rather firmer. Messrs. Smith
and Charles, in their circular, state :—"On Satur-
day there was a feeling that, with the continuance
of mild weather, it was not impossible that some of
the frozen in vessels might get away. There
was no real information on the subject, but
the discussion of it produced a sudden
flatness in the market, and at one moment 58s.
was accepted for all this year's delivery. Before
the close, however, there was again more firmness,
and there were no sellers under 58s. 3d. all the
year. Yesterday there was a telegraph message
from St. Petersburg, of the previous day, stating
that, unless the mild weather continued for a long
time there was no chance for the vessels; this, coupled
with the short show of sheep at the Metropolitan
Market (yesterday being the great Christmas show)
produced an immediate reaction in the market,
and we quote prices fully 6d. dearer than on Satur-
day. After 'Change, yesterday, the market was
steady, and left off, at spot, 58s. 9d. ; all year,
58s. 6d. ; January and March, 58s. 61. to 58s. 9d. ;
April and June, 545. 6d. ; October and December,
Ws. 3d.

The intelligence from India by the Overland
Mail, the Marseilles portion having been delivered,
describes the money market at Bombay, on the
17th ult., as decidedly more stringent, the rate of
interest having been raised 1 per cent. At Calcutta
there Iva% no alteration of importance. The import
trade continued to improve.

The commercial advices from the Continent this
morning contain very little information of im-
portance. The Paris Bourse yesterday exhibited
increased symptoms of weakness, and a further
decline in the Rentes of per cent, took place.
In the Money Market this morning the demand
for money has been fairly supported, but the terms
charged for accommodation are comparatively
easy.

It is stated that a further sum of 25,0001. in gold
was taken from the Bank yesterday, but for what
precise purpose has not transpired.
The amount of silver which will be taken out
by the Peninsular and Oriental Company's vessel
is expected to be very small, arrangements at the
present time not having been for more than
250,000/. to 260,0001.
The meeting of the Commercial Bank of London
is now in progress, and it is expccted that the in-
formation which the directors intend to afford will
satisfy all the shareholders with regard to the per-
fectly sound and prosperous state of the establish-
nient.

In the absence of any business of importance it
is rather surprising that the English Funds should
exhibit so much firmness. The steady decline in
the French Funds no longer appears to affect our
Market, because the depreciation, which was as-
cribed in the first place to political influence,
Is now discovered to arise from the nature
of the speculative dealings, and the usual reaction
Which succeeds an advance such as has recently
occurred on the Bourse. If this were a period of
the year when Stock Exchange operations were
conducted with spirit there can be no doubt
whatever that prices would advance, as the
appearance of the Money Market is encou-
raging, and a hope is entertained of a
further speedy reduction in th• minimum rate of
discount. Many imagine this measure will take
place next Thursday, as the following Thursday is
Christmas Day ; but whether this will prove cor-
rect is at present very problematical. Consols this
morning have been stationary, at 931 1 ex divi-
dend. The New 3 per Cents. are 938 the
Reduced Annuities 93i and Exchequer Bills
48. to Bs. premium. Bank Stock is 218.
The Foreign Market is firmer, and a few trans-
actions have been recorded at a slight improve-
zuent. Turkish 6 per Cents. are 94-i to 95k,
and the Four per Cents. 102 k 1. Spanish
are steady, the New Deferred being 241, and the
Certificates, si. Sardinian are 881 iI. Dutch 4
,Per Cents. 962. Mexican 214 a. Equador Land
Warrant 3,1-. Brazilian Small 101.
The following are the nominal prices of Foreign
Btocks :—Grenada Deferred Bonds, 6i 7 ; Mexi-
can, 211 2; Peruvian 411 per Cents., 76 8 ; ditto
per Cents., 54 6 ; Portuguese 3 per Cents.,
44 6 ; Russian 5 per Cents., 106 8 ; ditto dq per
Cents., 95 7; Spanish 3 per Cents., 42 42k ; ditto
Deferred, 24 24k; ditto Certificates, 5/ 6 ; ditto
Passive, 51 6.
A very limited business has been done in the
Railway Share Market this morning, most of the
dealers being fully engaged with the settlement of
the half-monthly accounts. In several of the prin-
cipal lines a slight advance may be quoted. Eastern
Counties, Lancashire and Yorkshire, advanced
about ss. ; and Caledonian, Great Northern, and
South Wales, about Ss. to 10s. ; North Eastern
Berwick, Oxford, Worcester and Woverhampton,
and North Western, are about Ss. lower. In the
French, Canadian, East Indian, and Belgian lines,
no business of any importance has been done, and
Yesterday's prices are current.
Joint-Stock Bank Shares were very little dealt
in, and there is no change in values to report.
In Miscellaneous Shares Canada Land improved
to 118, being an advance of about 3/. The other
Undertakings were not dealt in to any extent.

earrikni FUNDS THIS DAY AT ONK YCLOCS.
(From the Official List.)
Boi.cess done.
Bank Stock
3 per Cent. Reduced Annuities
New 3 per l'ent. Annuities
Long Annuities, expire sth Jan. 1860...
Ditto 30 Years, expire sth April, 1885.
Consols (or Account
• Exchequer Bills, ?id.
£100( . 4 p
atm 8 p
mall
PRICES OF FOREIGN FUNDS AT ONR O'CLO, K
Brazilian Fonds, 5 per Cent..
Ditto Small
l!lquador New Consolidated —
Ditto Provisional Land Warrant
Mexican 3 per Cent
Ditto Account ...
Sardinian Bonds, 5 *per or
per centent.
214 1
Sp anif h Bowls. 3 .
Ditto New Deferred, 3 per Cent
Ditto Account ............•
. ......
Spanish Committee Cert., of oup. not fun sk
Turkish Bonds, 6 per cent...
Ditto Account ............. ...
Ditto Guaranteed, 4 per Cen—i:
Dividends on the above payable in London.
Dutch Exchange, 21, per Cent., 12 Guilders
Ditto 4 per Cent. Certificates
TWO O'CLOC K.

18 1-16
93t i

.. 101

Consols (Money)
Ditto Account

FATAL ACCIDENT ON THE BIRKENHEAD AND CHESTER
I:IAILWA7.—An accident, by which one of the porters
lost his life, took place on this line on Saturday night.
The unfortunate man V:RE4 knocked down by the expreq.,
train and killed on the spot.
Holders of shares of the Northern of France Railway
are to receive, on the let of January, a payment of
161. per share, as interest for the year 1856, irrespec-
tive of the dividend, which remains to be fixed at the
text meeting.
The Indus is the next Peninsular and Oriental
steamer for India ; and, owing to the advices by the
.overland mail on Saturday, the specie remittances by
this vessel are expected to be larger than was at one
time anticipated. At present arrangements have been
Made for about 250,0001., principally ,iiver.
The trade reports from the manufacturing towns for
the past week describe the general steadiness. At Man
cheater the market is still characterised by a general
firmness of quotations. The Birmingham report states
that the iron trade continues to be supported by good
foreign orders as well as by the home demand ; and,
41though some persons are advocating a reduction of
Prices to .meet the competition of the Welhh producers,
there is little prospect of its being acceded to. In the
general manufactures of the town there is a fair employ-
rgent. At Nottingham business remains quiet. 14 the
Woollen districts the purchases both for consumption
and exportation have been on a full scale ; and the Irish
tiu.su markets are without alteration.