The Sun.
London, England, 1860-03-07 00:00:00

INDIA.

We take the following from the Overland sum-
mary of the Bombay Times and Standard, of the
9th of February :
"In consequence of the despatch from horn of
troops for the China expedition, several of the re-
giments detailed in our last issue as destined for
China from the Bengal Presidency have been coun-
termanded, and the following is the present arrange-
ment :—Her Majesty's 3d Regiment gone to China;
the 6th, to Benares and Azimgurh ; the Bth, en
route to Calcutta for China ; the 37th stand fast at
Ghazeepore ; the Ist battalion of the 60th, Fort
William ; the 67th, gone to China ; the 73d stand
fast at Dinapore; the 99th, to China.
" In consequence of these changes, her Majesty's
24th will stand fast, and two regiments will be
stationed in the hills, one at Dugshai, and the other
at Kussowlie ; but the selection is not yet made.
The embareation of such troops as are definitely
destined to form part of the force is rapidly pro-
ceeding, and we look with interest for some infor-
mation respecting the artillery from home. All the
arrangements are concluded for its transport from
Suez.

..-f` The expedition with the Submarine Telegraph
cable, which left Muscat on the morning of the
24th of January, completed the laying of the line
to Kooria Mooria successfully on Sunday, the 29th
9f.January. We are now waiting with souse im-
patience to hear of its continuation to Aden, when

India will be almost within instant communication
with Europe.
" The object of the expedition sent against the
Werzeerees has been accomplished, and the mur-
derer of the late Captain Mecham has been sur-
rendered, and was taken into Bunnoo on the 22d
of January.
"The Right Hon. James Wilson arrived in
Calcutta on Tuesday evening, the 24th January,
and a Council was held on Wednesday, at which
some important financial questions were discussed.
A Calcutta contemporary understands that the
question of a paper circulation is under conside-

tion in the form of a Government note, bearing
a small interest, which would, it is stated, meet
the views of the natives on the subject. The
effoct of this rumour upon securities is very
noticeable in our present quotations of stock,
which has gone up between 3 and 4 per cent.
The establishment of a bank of issue in this coun•

try is a more difficult problem than is generally
supposed. The effect of opening such a bank will
be to place the Indian currency between two
force-pumps—the one in Europe forcing bullion
upon us ; the other in Calcutta forcing paper,
with the effect of lowering its value indefinitely.
" The Lucknow Herald says it has news from
the frontiers to the effect that Jung Bahadoor has
suirendered the Begum and her son Burjees Kadr
unconditionally, without any stipulations for their
maintenance, and that they have arrived at Gonda,
and will be sent on to Lucknow. Should this
news be confirmed there is no longer any rebel
leader in the field of high or low degree in Nepaul.
There appears, however, to be a cause for regret in
another quarter. The Oude Gazette hears that
tidings have been received at head-quarters of a
feeling of discontent still lingering in the minds of
the remnant of the late Company's European
troops, especially the Artillery. It has transpired
that several of them, in different parts, have been
in correspondence, urging each other to agitate for
the bounty. To put down this spirit of insubordi-
nation, Government has resolved upon some most
stringent measures, which the ringleaders will be
shortly made to feel.'

MONEY-MARKET AND COMMERCIAL INTELLIGENCE
FROM JAN. 25 TO FEB. 8, 1869.

BOMBAY, WEDNESDAY EVENING, FEB. 8.

During the past firtnight the increasing value of money
has made the dealers in imports less inclined to operate,
and, though a good amount of sales of cotton piece goods
is reported, a sacrifice in price is the only method usually
of quitting stocks. Metals' have been largely placed, but
are now rather lookingdown. The export-market is dull,
and a further fall in prices of cotton and linseed has had
littlo effect in inducing purchases, chiefly in consequence
of still advancing freights to England.
The Bank of Bombay has further raised its rate of dis
count 1 per cent. in consequence of the continued pressure
for accommodation. Money is now advanced at 9 per cent.
for cash credits on Government securities, and 10 per cent
for private bills at three months' date.
Government securities have been in great demand at ad-
vancing prices, as, in consequence of the increased value in
England, large sums have been taken for homeward remit-
tance.

We have again to note a great rise in freights for Eng-
land, £3 10s. to £3 15s. having been paid for Liverpool, and
£3 for London, there being littte cargo offering for the
latter port. China freights are dull at lOrs. to 71rs. per
candy.