The Sun.
London, England, 1857-04-28 00:00:00

EAST INDIA MARKETS.

BOM, 1.
"The overland mail from London of theBAY 26:hApril February
reached Bombay on the morning of thf, 23d March. Thu
improvement in our money ma:
frket, reported- in our. last,
as
has increased during the
ofrtnight, and the banks
have again lowered their ratest o
opinion
one per cent.
all roucd ; and we are of o that K further reduc-
tion in existing rates must take as soon as money
is obtainable in the bazaar under bank rates,which now
range from 6to 8 per cent. Government 4 per cent
paper has improved 1 per cent., which we now quote 85
t 3 85j, and fives, par to i premium.
COTTON PIECE GOODS —The market has undergone
little change, and the current sales of the fortnight
not been to any large extent, though a generatigaatn:l;i:evsti
to sell is perceptible, as the season is drawing to
Grey abirtings have not been in active inquiry during .
the fortnight, as might have been expected. Grey ona-
rlapollams continue improving, and are in fair demand.
Of grey T•clotbs the sales, daring the fortnight, are
limited ; grey long cloths have been in moderate de-
mand. A very large business has been done in grey
jaconete, while grey domestics are in fair inquiry.
BLEACHED AND FANCY GOODS.--Bleached madapol-
lama have been inquired for, to a moderate extent ;
bleached jacconets have been rather dull of sale, and
bleached shirting, are in little demand. Lappets are
leas inquired after than before; and lappet scarfs are
scarce.

COTTON YARNEL—Business has been transacted to a
very fair extent in mule twists ; while water is in Etas
demand.
COTTON WOOL,—The Out-chases during the fortnight
have not been huge, as the ruling prices continue to be
high. We qnote new Broachand Surat at Rs 139.40 ;
new Dhollera, Rs 235 6 ; OompleavatteP, at Rs 127-28 ; '
Compta, Rq 112-13 : Mangarelo, Rs 121-23 ;• and Saw-
ginned, at Rs 145.47.

Freights have advanced in consequence of more tran-
sports being requireclaby Government, and the rates are
for Liverpool 3/, Us, and V. 5s to 3/, las for London.
Exchange, for first-class paper has ruled from 2s lid

t..) 2 1,5, I ; and for documents, 23 IVI to 2s 111, and
24 2 I for bills on France. Oa Calcutta, CO day s' eight,
Rs 100 g. On Madras, 30 days' eight, Rs 291 On
China, 60 days' sight, 113 213.
CALCUTTA, MARCH 20.

The c-extrnercial intelligence rece;veit from home t..)
10th Feb. has tended to act favourably on our produce
market, which has shown more animation sine- our last.
There has been a desire to operate freely in almost all
staples, but the continued—absence of supplies, together
with a general advance on prices of the principal arti-
cles of exports, have restrained operations.
In imports operations since our hat have not been
on a large scale, owing principally to the intervention
of native holidays, on the 10:h, 11th, and 12th inst.
The market cantinue3 in a favourable position as re*
garde almost all Manchester goods consequent on the
favourable accounts from the upper provinces and the
improving aspect of the money market. In metal,,
excepting iron, the market continues without animation.
The money market continues to improve gradually.
The Bank of Bengal has reduced its rates of discount
on private bills to 10 per cent., on Government accep-
tances to 8 per cent., and at short dates to 6 per cent. ;
interest on fixed loans and cash credits to 9 per cent.,
and on depoeit of goods to 10 per cent. In the bazaar
also there has been a corresponding relaxation, and as
a large amount in silver has arrived by the mail steamer
we may look forward for a greater relaxation. In
Government securities transactions are not extensive,
but they are principally carried on by speculators.
EXCHANGE ON LONDON.—The rates for the mail
opened at 2s 2id to 2s 2ad for first class credits, which
are now fetching 2s 20 to 2s 2 3-161 Document bids
have realised 2e 2ad to 2s id, and Treasury Bilis 2s ld
to 2s 11d. There has been a fair amount of business fcr
this mail.