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

THE OVERLAND MAIL.

The import market has been pretty rteady and
business done to a fair ex►ent. 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 folowing
proclamations, issued by the Right Hon. the Governor
General of India in Council, under data the let 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 Wiliiam, Nov. 1, 1856.
The Right Hon. the Governor-General of India in
Council having, under instructions from her Majesty's
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 Shell,
her Majesty's Envoy Extraordinary and Minister Pleni
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 Cabal, or
Candahar, or other foreign country, should invade
Herat. In the event of troops being sent, the Persian
Governmeat 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troops should be immediately withdrawn from the neigh-
beurbood of Herat to Persian soil.
The Persian Government also engaged to abstain from
all interference whatsoever in the internal affairs of
Herat, whether " in taking 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 reedit), 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. On
the other hand, it was agreed, in the name of the
British Government, that " if. any foreign powers, such
ae the Affghane or others, should wish to interfere with
or take possession of Herat, the British Government, Or
the requisition 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 cf
Persia has manifested a deliberate and persevering dh re-
regard of the reciprocal engagements by which at the
same time it became bound, and is now endeavouring to
subvert by fere() 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 Arneer Dot Mahomed Khan, the ruler
of Affghanistan, had been insieated byhis "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 given y
the British Government ; nor, so far as tha,British bGo-
vernment is informed, had there been, when the asser-
tion was made, any act on the part of Arneer uponpost
Mahoined Khan evincing a design to advance
Herat.
Nevertheless the Persian Government has executed
its its intention. Not only have Persian troops; invade
the territory of Herat, although the contingence whi,h
alone could justify such an act has not come to pass, but
they have laid siege to the city, and have interfered in its
internal affairs ; while the government of Teheran bag not
only 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 Government have been
scarcely veiled ; and recently the movements of troops in
aiffereet parts of Persia have indicated a determieation
to persist in an aggression which is as unprovoked as it
is contrary to good faith,
The conduct of the Persian Government has been
esty's Gov
pronounced by her Maj ereer nmeat Bri.)t ennstituto
an act of open hostility against
G .Britain. Repara-
tion bas been sought, but without
drawal of the Persian troops from thee success
ig.hh ourho The
with-
Herat to Persian soil has beesdemandneedood of
limi
nary to the adjustment of differences to W ashi a prelimi-
nary
acts
of "ots-
of Persia alone have given rise ; but the demandhas
g
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 measures
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 ihe
Persian Gulf, will be guided by such instructions as the
progress of events-and the policy of the British Govern-
ment may demand.
By order of the Right Hon. the Governor-General of
India in Council.
(Signed) G. F. EDMONSTONE,
Secretary to the Government of India.
PROCLAMATION.
Foreign Department, Fort William, Nov. 1, 18i6.
The Right Hon. the Governor General bf 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 Persian 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-re, it shall appear that
their cargoes were taken on board before the expiration
of the above term. Provided that nothing herein con-
raised shall extend, or be taken to extend, to Pereian
vessels having on board any officer in the military ser-
vice of the Persian government, or any article prohibited
or contraband of war, or any despatch of or to the Per-
sian government.
And it is hereby further ordered 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, hound far
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
inch at sea by any of the ships of the Indian navy, shall
be nermittee 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, the Cum-
miesioners of Pegu and of the Tenasserim and Martabee
provinces, and all officers and authorities whom it may
concern, in her Majesty's Indian territories under the

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 )
SUMMARY.—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 instruction::
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 fiona 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 inteu-
time of sending a force to Herat, on the plea
that Bost 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. Her 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, in no way counselled.
Dost Mahomed, who seemed to have visited Canda-
har to tranquillise the country, on the death of one
of his brothers who, governed there. The expedi-
tion now on its way to the gulf was therefore
directed to be organised at Bombay, to act in such
manner as might be afterwards ordered, and compel
the Shah to keep faith. It does not quite yet
appear that there is any great probability of con-
flict, and very possibly the Sliah, whoa he hears of
an armament on his shores, may promise all that is
desired of him—that he will ever dream of keeping
that of
lius theaia Czar.
is
already A
re
Aid it
pre-
paring 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
ai
bht
ageh
dea ton
andrumoured
occupyhei
skeep
ea e p merei
thetn borepuppetlong-coveted province of As-
p
pledge till the moment we
,descend on Bushire. In this case we are playingth
our frontier by the very measures proposed for
keeping game
t them the
m a
t a distance. enemy, drawing
o r themu e )
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,w
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 • t
o that of Russia
itself. Already the commissariat
and quartermaster
general's departments report that supplies must
all bo sent from Bombay, that our troops can be
subsisted only from our ships, and that the villa-
gers have only to retire before
us, when we starve
before we are 100 miles from
the 200 years have the shore. During
never deemed ite at occupied India we have
should have come to
worthy of a treaty ; how it
be found deserving of more
than
thought in 1853
an during the previous century
does not appear. It will be admitted that had we
been without one the want would have occasioned
us 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 order has just been promulgated by the ratagis-
trate
of r oona, under instructions from Govern-
ment, prohibiting book-swinging and other bar-
barous t•
prac ices throughout the Poona Zillah.
Such a measure has long been desired by all who
Iwish for the improvement of the natives. Of old it
was believed—or careless and idle minds found it
COUVenient to believe—that it was dangerous to

meddle with any native practice however immoral , government of the Est ll,dia Cua.p.ny, are required to
or revolting, that was connected with or claimed i give the necessary directions herein as to them may re-
the sanction of religion. But times are changed , spectively appertain.
and innovations which might not safely have ben ' By order of the Right Hon. the Governor-General
Council..
attempted a century or half-a-century ago the age of India in
is now ripe for. Suttee has long been suppressed. (Signed) G. F. EDMONSTONE,
Female infanticide is no less strictly interdicted, Secretary to the Government of India.
and now Government sees its way to the abolition PROCLAMATION.
,‘
of hook-swinging at fairs and religious festivals. It Foreign Delia tmeut, F irt Williara, Nov. 1.
The Right Hon. the Governor-General of India in
has not acted hastily or without making inquiries Council, being desirous that the hos`.;l3 operations now
as to the extent to which the practice is carried on, about to be undertaken against Persia should be attended
and the light in which it is regarded by the en- with as little injury as possilie to individual interest, is
lightened portion of the community. On the lat- pleased to notify that all subjects ot the Shah of Persia
ter point the information received is stated to have residing within her Majesty's Indian territories under
been highly satisfactory. the government of the East India Company, and not
being consuls or consular agents in the service of the
Another barbarous custom, also prevalent at
Jejooree, is interdicted by the proclamation ot Mr. Persian government, may continue to reside therein with-
pect o fand their
3 persons,tt, their
lwill
property,
Davidson. A man runs a sword through the fleshy outrmolestation
part of his leg for about a foot, and, drawing it out, thei r lawfu lin
avocations,res
tection so long as they siva! abstain fr'oeymwaill acts hostile
sprinkles the blood on the entrance of the temple.
to the British Government, and shall observe due obe-
For this feat he receives large free-will offerings
dience to the laws under which they live, and to all
and the right to perform it is vested, as a valuable res .lutions or orders of the Governor-General of India
privilege in a body of about 15 families, to each in Council.
individual of which it comes round once in about By order of the Right Hon. the Governor-General of
six or seven years. These men, however, long ago ladia, in Cour cil.
declared that they would be glad to discontinue the (Signed) G. F. EDMONSTONE,
practice (which Mr. Mitchell thinks is a remnant of Secretary to the Government of India.
the rite of human sacrifice) if their incomes could be (True copies) H. L. ANDERSON,
assured to them. Secretary to Government.
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 Harris
was expected at Sedasheghur on the 10th inst.

COMMERCIAL INTELLIGENCE.
THE BOMBAY MARKETS.
REPORT ON THE STATE OF THE BOMBAY MARKETS FROM
NOV. 4TH TO 16TH. •
The Overland Mail from Lonuon, of the 10th Oct.,
reached Bombay in the afternoon of the 6th inst., per
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 favourable.
Ixrom.
Cotton Piece Goods—roe 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 ineconsee
quence there is no change for the present of increase in
value. Grey shirtings, 40 inches, of all descriptions,
are in fair request, but there is little change to be noted
in value ; 45 in. have declined Ito 1 anna, at which
they are in demand. Grey domestics of all descriptions
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 jacconets
are in moderate request. Grey long cloths have been
in good demand, and large sales have been effected, but
are for these last few days less inquired after.
Reached and Fancy Goods—Bleached shirtings of
low quality are in demand ; others are dull of sale. Of
bleached madapollams the same might be said ; bleached
jacconets, low to middling, are in demand, those of
higher qualities being dull ; bleached twills are scarce,
and in good demand ; satin spots are in very good de-
mand, and are rather scarce ; Turkey red plain is dull ;
twills of stout quality are scarce and in demand, inferior
are in moderate inquiry; mulls are in fair demand. Of
lance goods low lappets, plain and coloured mulls, low
ocok muslin, plain and dyed lappet scarfs, and grey and
hleached dhoties are In demand ; bleached mulls middling
and higher, and fine book muslin are dull ; dyed mada-
pollams, 28 yards, are in inquiry, as also dyed mulls of
good quality ; lower of the latter are dull.
Cotton Yarns—Both mule and water have been in
good demand, and a fair amount of business has been
done. There its no change in value except in 40 water
end mule, which have advanced siighry, while 70 and
80 of the latter have declined a little. Dyed orange le
lull, Turkey red in fair request, and green is in mode-
rate inquiry.
Meters—English bar iron, sheets, hoops, and nail rod,
both square and round, are in good demand, but with-
.ut change in value. Swedish leer and steel, in faggots
and tubs are in demand—the latter had advanced a little.
Pie lead is in good demand, while • heet is dull. Tin
elates are in demand. Speiter has advanced, and .is in
eeued demand. Copper—Braziers', sheathing, and tiles
are in very good demand, and have advanced. Bottoms
are in demand, but tnere has been no change in value.
Nails are dull, rod scarce ; while of South American
there is none available. Lead, both red and white, is in
! demand. Quicksilver is rather dull.
Saffron of the heat quality is in good demand.
Cochineal of the beet quality is in very good demand,
and has advanced a little in price.
Woollens—The market has been tolerably steadf.
Flannel of all descriptions continues in demand.
Spirits—Brandy and gin are both dull. The former
declined 2.ana per gallon in wood. Beer of all brews
is very dull ; 30 hhds. brew sold at Rs. 35.
Marines Stores—Canvas, both brown and bleached.
is in moderate inquiry. Twine is dull. Oil of linseed
and spirit of turpentine are in demand.
EXPORTS.
Cotton Wool—The market has exhibited considerable
activity, and prices have advanced on all elesceipteir
both for delivery on the spot and for arrival.
liTipihes
no stock of any kin,l generally cleared.
the extent of 15,000 candies, or 30,000 bales,
end
~,q:),hdiloelfdo,rhcavheinbaeteinlerreepiosrt:!elniryfOlirttitehedoEi
doing.
hlcvbinoe tahqr kluleoet:
oSurat
raanvdu
tbtreoeacaht,
Rol,,d.,latt;7R; eca
0103120;aD,
tolßlae. i.,oa6t Re.
-7)m..1a1n22
earole, at Rs. 'lO5 ; and Saugioned, at RP. 118
for the0
Hemp—No transactions have been reported
English msnamp ion.
rket, but purchases continue to be made for
[o
material continues in very good
Sheep's Wool.—iamdpvoarntcaetdionin.
consequenced eu m demand, andotfhteh prices d
Fiseassetahracev.e b
Ae
bno iunt v7eol
oqfuKeliit;roafsaa recent have
letter about 300 bags changed hands. The
good demand, 51‘11,odcit'haeanhdittteirc
'lungs of the former were purchased by native shippers,
and of the
prices continue as before.
Pepper.—Butb Bh u., ctrl and Malabar are in demaq•
The latter is scarce, but there has been no change in
the value.
Oil Seeds.—Present delivery has advanced to Rs. 41 ;
Rs. 4 6-16ths. Holders continue
deliveryfirm.
oif n January,Gujera
tape seed a small quantity of 50 ny/t°
has been imported, for which Re, 41 is the demand ; for
arrival in January, Its. 4ia There has been no trans•
action, but the market is very firm. Kurrachee, Rs. 4k
for nngarbled, and Rs. 4i for garbled. No transactions
have been done, but the market is very firm. Of Teel,
Kurrachee, 12,000 candies were brought by a foreign
house a day before the departure of the last mail, :
de-
livery to be completed within the let of March next, n:
Rs. ; anti Ghattee at Rs. 22. Niger is in demand
for local consumption, at Re. 17.
Opium.—The market t,ince the 14th inst. has exhibited
consderable activity, and purchases to the extent 5001
1,500 chests have been made at for Indore Re. 1,0
and for Rutlam and l'ilundleidir Re. 1,055 to Rs. 1,062'
which are the rates of the, day. colt
Tonnege.—Freights continue firm ; for Liverp
31. 7s. 6d. ; for London, 3/. se. to 3/. 76.6 d. ; for Chinn?
Re. 11 to Re. 12 per candy.
China, the rates advanced to 2s. 2.1 d. to -Id.
Exchan, e —A large supply of bills having come
fo ffirrosint•
for or
class paper, with a large business. This last
ese.cal
two, however, the rate has been lees firm. h-u°
Cal,
night, bills have sold at irregular rates during_ t.e
night, commencing at 2s. 21(1. and up t,O 2s. Pd
cutta Courts Bills, 60 days' sight. 9ii ;
days', 984; ; Chide, 60 days' sight, 215. Ma9drasr 3°

---~

CALCUTTA A RKETS.
(Front the Overland Bengal urlcaru, Nov S.)
The Peninsular and Oriental Companys steamer
Bengal, with London mail of the 26th of September,
arrived on the 30th ultimo, aed the telegraphic message
yesterday put us in possession of commercial accounts
from London to the 10th of Octot,er.
In imports the market has shown a healthier aspect,
particularly for Manchester goods. •
The Money Market remains as easy
as last repre-
sented, and there has been no alteration in Bank's rates
of discount and interest.
Government Securities not much sought for, there
being greater willingness to sell than to purchase.
Exchange—The business done for the out-going mail
has been on a moderate scale. The rate for first class
bills has been steady at 2 16 to 2 li. Only a limited
supply has been received from Chiveinad, bywhic the steamers
sold
Lightning and Fiery Cross, just arrh was
at 2 14 to 2 1 9.16 th.
EXPORTS.
Raw Silk—Notwithstanding the last accounts from
home the market has been pretty active, arid some trans-
actions have taken place at full former prices. European
filature silk continues in go.,d demand, and we under
stand high offers being made foe some parcels have been
refused. The fall at home does not affect these sorts.
Side Piece Goods—Supplies of corahs are daily arriv-
ing from the districts, but being in few bands holders
are firm in their demand ; they roust, however,
000
submit to lower prices, as the stock in the market is fast
increasing, and the qualities being sech ae eot to OP
courage transactions at high rates. Bandana; and
choppahs have also improved in price about Rs. 5 to Rs.
6 per corge, but we have heard of no transactions.
purchase of pcs. 112 Tusser is reported at Rs. 5 14 per
piece.
Cotton.—The favourable accounts from China have
caused a rise in the market. Banda is Rs. 0 8 to Rs. 0 1g
per maund higher. Jaloon and Bhoomaghur Rs, 06 to
e
Rs. 0 8, and Furrackabad Rs. 0 4 per maund above th
prices current a fortnight back.
sugar.—Supplies in the market continue Very lights
and demand for Bombay unabated ; prices have conse-
quently risen about 10 to 12 annas per niaund on our
last quotations, for yellow to white descriptions Benares•
Boma is arriving freely, and Las also risen in price about
4to 8 annas. Garpata and Dallao, none in the market-
Operations for Great Britain are limited.
Saltpetre.—The market has improved since our last
under a reduced stock, and fair inquiry for botb America
and Great Britain. Prices of Gudua and Allygunge have
advanced 4to 6 annas per id. Low Chap-eh an
=m d
other inferior sorts have also improved in price owing to
a great competition amongst the refiners.
Rim—Table sort has been in moderate operation for
Great Britain ; but the Inquiries f,ir the colonies continue
good at firm price. The demand for Moonghy and
turn for for the Mauritius, Reirbon and Chime, continua,
and prices have slightly iinprove'd. Stocks of all sort:
in the market are very light, and the new crop is 0°
expected to arrive before a month hence.
Freights.—The interveution t•f the native holicleet
and the lim op pending the arrival of th:
Bengal, haveited caustd a r,tro eration,graciatibn in homeward rate

hIONE Y MARKET

yin

COMNIF.P.CIAL INTELLIGENOZ.

--_-..C.,_---_

CITY; Two o'OLooy

In the Liverpool Cotton Market yesterday there
Was 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 Mirkets are generally
rather quiet, but it is expected that a moderate
business will be done during the reek, 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
ivas no real information on the subject, but
the discussion of it produced a sudden
flatness in the market, and at one moment 58s.
It'as 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
true there was no cha nee for the vessels; this, coupled

pith the short show of sheep at the Metropolitan
Market (yesterday being the great Christmas show)
Produced an immediate reaction in the market,
.11/141 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,
888. 6d. ; January and March, 58s. 61. to 58s. 9d. ;
April and June, 545. 6d. ; October and December,
638.3 d.
The intelligence from India by the Overland
4ail, the Marseilles portion having been delivered,
describes the money market at Bombay, on the
'h1:1 ult., as decidedly more stringent, the rate of
tri terest having been raised 1 per cent. At Calcutta
!here was no alteration of importance. The import
trade continued ro improve.
The commercial advices from the Continent this
baorning contain very little information of im-
?ortance. The Paris Bourse yesterday exhibited
iLloreased symptoms of weakness, and a further
decline in the Rentes of per cent. took place.
In the Money Market this morning the demand
I
money has been fairly supported, but the terms
charged for accommodation are comparative!y
%ay.

It is stated that a further sum of 25,0001. in gold
taken from the Bank yesterday, but for what
l'eeise purpose has not transpired.
b The amount of silver which will be taken out
by
the Peninsular and Oriental Company's vessel
expected to be very small, arrangements at the
resent time not having been for more than
5%000/. to 260,0001.
it The meeting of the Commercial Bank of London
fllew in progress, and it is expected that the in-
otination which the directors intend to afford will
sllttiefY all the shareholders with regard to the per-
fectly sound and prosl.erous state of the establish-
bleat.
it In the absence of any business of importance it
rather surprising that the English Funds should
tThibit so much firmness. The steady decline in
III: French Funds no longer appears to affect our
ficet, because the depreciation, which was as-
it °ed. in the first place to political influence,
now discovered to arise from the nature
wilt.he speculative dealings, and the usual reaction
succeeds an advance such as has recently
the
on the Bourse. If this were a period of
year when Stock Exchange operations were
fi
u4ducted with spirit there can be no doubt
whatever that prices would advance, as the
4Apearance of the Money Market is encou-
raging, and a hope is entertained of a
ether
speedy reduction in the minimum rate of
Neount. Many imagine this measure will take
4ee next Thursday, as the following Thursday is
istnaas Day ; but whether this will prove con
:11e4 is at present very problematical. Consols his
tOrtlirg have been stationary, at 931 ex divi-
;l4l' The New 3 per Cents. are 931 the
deede Annuities 93g and Exchequer Bills
Bs, premium. Bank Sock is 218.
k the Foreign Market is firmer, and a few trans-
:e tens have been recorded at a slight improve-
ke.,4t. Turkish 6 per Cents. are 94 to 954,
44 the Four per Cents. 102 k Spanish
e Steady, the New Deferred being 24, and the
certificates, 54. Sardinian are 881 Dutch 4
15,14 Cents. 96i. Mexican 21;4 j. Equador Land
pr..at rant 3i. Brazilian Small 101.
ktgtl.le following are the nominal prices of Foreign
ph7, ICS :—Grenada Deferred Bonds, 6i 7 ; Mexl
a-, 214 2; Peruvian 4Alper Cents., 76 8 ; ditto
414er Cents., 54 6 ; Portuguese 3 per Cents.,
ae6; Russian 5 per Cents., 106 8 ; ditto 4A per
tilts., 95 7; Spanish 3 per Cents., 42 42 ; ditto
Ileferr6d, 24 24i; ditto Certificates, 5 6 ; ditto
444ive, 5i 6.
krt4 very limited business has been done in the
iirgay Share Market this morning, most of the
balers being fully engaged with the settlement of
tit) half-monthly accounts. In several of the prin-
ol:ol4 lines a slight advance may be quoted. Eastern
lenties, Lancashire and Yorkshire, advanced
Freta ss. ; and Caledonian, Great Northern, and
11:11th Wales, about ss. to 10s, ; North Eastern
wiek, Oxford, Worcester and Woverhampton,
ittla
'-'6lorth Western, are about ss. lower. In the
4,54,4 eh, Canadian, East Indian., and Belgian lines,
"einess of any importance has been done, and
Yesterday's prices are current.
4
°hit-Stock Bank Shares were very little dealt
la'4tid there is no change in values to report.
y 4.11 Miscellaneous Shares Ce.nada Land improved
1189 being an advance of about 3/. The other
4
'Aertakings were not dealt in to any extent.
8111

AR FUNDS THIS DAY.—CLOSING PRICES.
(From the Official List.)
it ni.D.A.. dor.e.
akik Fitock
,„Der ti,„... Reduced
.itlt, hut. Annuities
Loa ') Der Cent. Annuities ..................933 3
Dr Annuities, expire sth Jan. 1 SGO...
itto 30 Years, expire sth April, 1885... 18 1-1 G
Co ?or Account
Siecltur 13ills, 20.
00 .
tseo 9 p
, %tall 5 8 p
•
g PRICES OF FOREIGN FUNDS THIS DAY.
razilian Fonds, 5 per Cont.
Otto Small
Mader New Consolidated
i., Ditto Provisional Land Warrant
.... s4reek Bonds,
1/4ezican 3 per Cent . .............................
.. ...........................
k Ditto Account ... .......... 214 4
Ardinisn Bonds. r, per O'er ................

.
5i

Itl*h ilowib, 3 per ''ent
ditto New Deferred, 3 per••(•;;;;Ii '''''''''''
oitto Account .................... • .....
29441
tttlish Committee Cert. of Coup.•.; . .........
''`hsh Bonds, 6 per cont... . 6
Ditto Account ............................ • .........
4
954- 5
Ditto Guaranteed, 4 per Cent, .....•..•...10. 24
Na, Dividends on the above !payable
Exchange, '2;l per Con.;., :2 Guilders
I?,ll,'!'° I net Cent. Certificates 96,
• •no Account

Mit . ...,
...... .

88i I

THREE O'CLOCK.

COiianla (Money) ''''''''''' **
Ditto Account (January

93i i x d

Al—AL ACCIDENT ON THE BIRKENHEAD AND CHESTER
104 C°:r.—An accident, hy whiCh one of the pi,rters
Th-.(na life, took place on this line on Siturday night.
tr :Unfortunate man vas knocked down by the expres.
41:i' and killed on the spot
olders of shares of the Northern of France Railway
lei to receive, on the let of January, a payment of
Per share, as interest for the year 1856, irrespec-
"' °f the dividend, which remains to be fixed at the
tl%kt
Th
114.2 Indus is the next Peninsular and Oriental
nvr7uur for India, ; and, owing to the advises by the
thi„-riand mail on Saturday, the specie remittances by
tie; 'vessel are expected to be iarg, r than was at one
Nide anticipated, A, present arrangements have been
Tke for about 250,0001., principally
the u° trade reports from the manufacturing towns for
ie Past Week describe the general steadiness. At clan
tanner the market is still characterised by a general
that °`s of quotations. The Birmingham report states
fo, the iron trade continues to be supported by good
tilt;li ° orders as well as by the home demand ; and,
pti °ugh some persons are nflvoca:ing a reduction of
tliEeekt() Meet the competition of the Welsh producers,
'hill': Is little prospect of its being acceded to. In the
1)4441 Manufactures of the town there is a fair employ-
Vieeli At Nottingham business remains quiet. In the
4.44. ell districts the purchases both for consumption
lizle,,elPortation have been on a full scale ; and the Irish
taarkets are without alteration.

25
20

20
20
17
20