The Sun.
London, England, 1859-02-28 00:00:00

INDIA_ AND CHINA.

We have received, via Trieste, in anticipation of
the mail, files of papers from Calcutta to the 23d of
January, and from Hong Kong to the 15th of
January.

The last battle in which Lord Clyde was to en-
gage the rebels in India was fought on the frontiers
of Nepaul. Nana Sahib was repulsed and driven
into the interior, and Jung Bahadoor was charged
to complete the pursuit of the rebels upon his own
territory.
Lord Clyde then returned to Lucknow, ordered
the demolition of most of the fortresses in Oude,
distributed the troops among the large towns, and
made preparations to return to Europe. Sir Hugh
Rose will succeed him as commander-in-chief.

COMMERCIAL INTELLIGENCE.
(From the Calcutta Englishman of Jan. 23.)

The Simla, with the London mails of -the 9th of Dec.,
arrived on the evening of the 10th inst., and the letters and
papers were circulated on the 11th. On the morning of
that day we received intelligence of the arrival at Bombay
of the mail of the 17th ult., and on the 17th inst, the ex-
press reached us, and on the next day the bulk of the letters
were delivered.

The Produce Markets.—Since our last there has been
some improvement. The late intelligence being considered
favourable, buyers are inclined to operate, and more would
be done if the holders were willing to meet the wants of
the market fairly. Some more business, however, has
been done for this mail. Indigo meets a brisk demand at
full prices. Sugar prices are well maintained. Corahs not
sought for and prices lower. Saltpetre, prices have given
way, and purchases have been more extensive. Raw silk,
filatures held at high prices. Native silk neglected, and
nothing doing. Linseed and rape, the rise in freights has
compelled holders to give way, prices have a downward ten-
dency. Jute firm. Lacs firm. Shellac scarce, and in de-
mand at full prices. Safflower, scarce and wanted. Cutch,
arrivals small, and quotations firm.
Tho Import Market.—The market for piece goods during
the last fortnight has been very brisk. The absence of ar-
rivals from England, and the very good accounts received
from the principal up-country markets have caused a great
excitement in the market, and most of the principal goods of
consumption advanced gradually in prices. Light and fine
goods of every description are in very fair demand, but
prices generally have already gone so high that it is scarcely
probable they can hold. Yarns also are in fair request.
The tone of our metal market continues healthy, and in
the absence of large imports our former quotations have
been fully maintained. Spelter and copper are wanted at
Mirzapore, and the general reduction in freights which had
taken place may induce larger shipments to the north-west.
The results of sales generally are in favour of importers.
The Money Market.—Money is easier, and the bank rates
remain as last reported.
Exchange.—A fair amount of business has been done for
this mail in first-class credits and local bank bills at 2 Of.
Documents opened at 2 ; some small amounts have been
done at 2 010 but the general rate is 2 10 ; at closing the
rate is in favour of sellers. Shortly after the departure of
the last main first-class China bills were sold at 221. Since
then the rates have receded, and may be now quoted 218
to 219.

Mauritius, 531.
Frights.—Since our last report of the Bth inst. there has
been a decided improvement in freights, and largo trans-
actions have take place for jute for England.