The Sun.
London, England, 1857-11-07 00:00:00

LLOYD'S SHIPPING.—(This Day.)

LONDON, Nov. 7.—Wind this day at noon, light,
variablo airs, and hazy.
HULL, Nov. 6.—Wind W.—Sailed—The Earl of Elgin,
for Bombay.
__

PLYMOUTH, Nov. 6.—Wind N.N. W.—Arrived —Ex-
pert, from Demerara. Sailed—Schoeubaug (Dutch war
steamer), for Batavia.

NEWPORT, Nov. s.—Wind E.—Arrived—Sheppard
Knapp, from London for St. Thomas ; W. S. Hazzard,
from Eonclon for Havana. Sailed--Fanny Bailey, for
Cuba; Atalanta, St. Thomas.
FAL3fODTH, Nov. 6.—Wind N.W.—Arrived—Lord
Raglan, from London for Bombay; Hindoetan, from Lon-
don for Port Philip.
WATERFORD, Nov. s.—Wind E.—Arrived--Erin,
from Quobee.

OFF- FOLiESTONE Nov. s.—Arrived—Antonio, from
the Cape of Good Hope.
CLYDE, Nov. s.—Wind (es), for
Adelaide, S.A.; Potentate, Trinidad.
PARIS, Nov. 5. The Philanthrope, arrived at St. Do-
mingo from St. Thomas, to load for Liverpool or Havre,
was condemned on the 18th July.
RAMSGATE, No►. 6.—The Duo Fratus, of Bergen, from
Newcastle to Barcelona, got on the Goodwin :Sands last
night ; assisted off and brougat in hero, with loss of false
keel; will discharge.

(PER ELECTRIC TELEGRA.PI3.) ,
LIVERPOOL, Saturday Morning.

Wind S.
Arrived—Falcon, Ceard, France, and Brazil, from
Flavra ; Vosuvio, Girvati.
The IThited States mail steam-ship Atlantic would not
leave Now York until the 27th ult.
QUEENS towx, Nov. 5.

Wind N.
Arrived—Elizabeth, from Bonny ; Aloxandria.

(BY SUBMARINE AND BRITISH TELEGRAPH.)
GRAVESEND, Saturday, 9.30 3.18.
Wind N. ; last hour's ebb ; thick, and damp.
Arrived—Saguenay, from Memel ; Louise, Stettin;
Erndte, St. Petersburg; Emouluo, Riga ; Ocean, Njou.
port; Margaretta, Konigsberg; Belfast Last, Autwerp;
Matrons, Taganrog.

_ -
DEAL, Saturday, 9 a m
, . .
Wind N.N.E., moderate, with rain.
Passed, Nov. 7-----Heroine, from Hamburg. for Swansea.
Passed, Nov. 6--Broclrane,, from Shields. for Cenetanti-
nnple ; Catte, Hamburg, Calcutta.; Steipner, Plymouth,
Christiania Henrik Wergelandi Newcastle, Odessa;
Saga, Newcastle, Marseilles.

SHIPMEIVT,S OF sPtCIE TO INDIA.

The following communication from an experi-
enced source embraces most of the points in the
question as to the probable results of the shipments
of specie to India now in progress:—
" Sir,—Concurring entirely to the sound and practi-
cal views contained in several of your money articles on
the present dearness of money and its causes, particu-
larly in reference to that of all others the most disturbing
element of the crisis—our Indian finances and exchanges
—it may not be out of place at this critical moment to
remind shippers of bullion to India that the extraordi-
nary and exceptional &curnstances which prompted an
exchange of 2s. 3td. when the last mail left Calcutta,
must have ceased to exist long before any bullion now
shipped can reach its destination.
" With the fall of Delhi and the arrival of Euro-
pean troops native confidence will be at once restored,
hoarding must cease, and the shroffs and native bankers
will be the first to bring their buried money to market
on the advantageous terms efftring. Merchants will
have no occasion to draw bills at arbitrary rates of ex-
change, being no longer deprived of ordinary facilities at
the Bank of Bengal and in the open market, and it will
be found that, in addition to this important element in
materially reducing exchange, an equally powerful rea-
son will exist in the fact that in quantity and price, a
very s rious reduction mast take place in all the leading
staples of exaort from India.
"Rice, linseed, saltpetre, hides, jute, and hemp,
which in the last few years, particialarly since the out-
break of hostility with Russia, have commanded nearly
double their ordinary value in India, must fall to a like
extent t,.) make their importation at present market
prices here remunerative. Silk, sugar, and cotton,
which by reason of the failure of these crops in important
countries of production iu 1855 and 1856 bad also mate
rially advanced in India, are fast falling in value under
the influence of abundance. The only artiee which has
increa ed in value is indigo, which from short supply
will only absorb the same amount of money as in average
years. To these causes have also to be superadded
others equally important. English capital has since
April last been restricted in its use in the interior of
India in the production of staples for shipment. Ail
available river and land freight will almost entirely, to
the exclusion of merchandise, be absorbed by Govern-
ment, and it is not unlikely that these causes alone may
bring about the exchanges of 1848 and 1849 in India,
which were 19. 10d. and ls. 11d., and necessitated bal•
lion ebipments from Calcutta to a large extent, influenced
entirely by the restricted exports of staples which the
failures of 1817 caused in reduced means and facilities of
production.
"It ,hould also be !lime in mind that a rate of ex-
change in Calcutta of 21. 31. in October has, even in the
absence of any of the above causes, frequently brought
about a fad of 16 per sett., or a rate not exceeding is.
11d., as in Match, 1852, when bullion shipments from
Calcutta were again revived, four months after the late
was 2s. 3d.

"There might hale beensorne reason and justification
for the export of bullion by the Court of Directors in
June, July, and Auguit, when it was expedient and de-
sirable to inspire confidence in the native mind ; but

there in neither reason nor justification now, when the
fall of Delhi and the arrival of the overwhelming rein-
orcement3 must have given more confidence to the
people of Inriia than they ever had in our power and
means,

"A more judicious and extensive circulation in our

treasuries in the interior of India of the Bank of Ben;:ai
notes might have saved us much treasure which has
linen into the hands of the mutineers ; and now in the
eupport and transport of our troops on arrival in India
native princes and vlraindars should, on the paper of
the East India Company, be required to find the fleece-
vary means until bull on circulates as before.

There is no scarcity of bullion in India ; it ha■
absorbed from this country some 40,000,0001. aince
1848, when we were importing it from India; all that
is required is a etror•g and determined Government.
"I remain, sir, your obedient servant,
"Nov. 6." m.

And the following, also from a practical mer-
chant, strengthens,► by a reference to the last ad-
vices from China, the view thus taken :
"I enel ise two Shanghai circulars, by whieh you will
see that large amounts of gold and silver are being slut
from China to India. This is a startling and udden
change. For five years China has been draining us
and India of the precious metals, awl now the refluX
seems beginning; it seems to me to indicate not merely
a change in the balance of trade, but a return of confi-
dence and a restoration of quiet, There ia no doubt that
the Chine3e in the north have been doing an enormously
profitable business for years past, and great accumula-
tion of wealth must have followed. Hoarding from this
would teem to have been checked.

" The probability now is, following the pre-
sent position of the silk and tea market,,,
that the balance of trade may soon be against
China. The increased values of opium and goods
in China may contribute to this ; if, then, we find got'
and silver returned to India thence, and silver, as is
pretty certain, ceases to go to China, it may be concluded
that the requirements of India will he supplied from
China, and that the drain of 15,000,0001 per annum of
silver to the East, which has been hitherto oppressing
us will cease. Already it will not pay to Bombay, and
only to Cal!ntta does the drain continue. It remains to
be seen if Ci ice will supply this. I think it will. The
conclusion I com,,, to is, that before long you will fiud the
drain of silver to the East cease almost entirely, and if
gold, is no longer required to buy it we shall have no
other external demands on us beyond what America may
require for a time. ThaE cannot be much, while before
long it may be assumed the flow of gold will be the other
way._

"If the future is to he tueasiuredty thi. continuance
of the silver drain to the East, I should say many months
cannot tlipse before there will b a ',rapid and very cm-
Bid- raids ti e value f uriney.
" Enormous amounts of silver have been sent to China,
Singapore. &c., for sugar during tho paMt eight months ;
all Vlis will cease now—another source of relief.—Yours
truly, "G. N.

MRZET NEWS.—(lhts Day )

COVENT GARDEN.

The supplies of fruit and vegetables continue extensive,
and the demand is less active, at our quotations :-
-

•
FRUIT. --
Pineapples, per lb. 4s Od to 68 Filberts,per 1001 b 23.3 t 6 30s
Colootal do., ea. Os Od to Os Od Cobs., p. 100 lbs. Os to Os
Grapes, per 1b......2s Od to 4s Ahnonds, p. lb. Os Od to lOd
Foreign do Os Od to Os Oct Walnuts, per 1001 s to 3s 6d
Melons, each .... is 0,1 to 3.s Od I Figs, tor doz Os to Os Od
Peaches, p. doz. 4s to 8s Od' Strawberries, per
Nectarine; do. ...43 to Gs Od pottle
Apples, p. h. sv. is 6d to 2s 6d Gooseberries, per
Pears, por doz ...2s to 4s Od half sieve ....Os al to Os Od
Oranges, per 100.203 to 24s Currants, p. h. sv. Os 01 to Os
Lemons, p. doz. 14 0,1 to 2s Od Plums, per do. Os Od to Os Od
Ap:icots,p. doz. OsOd to Os Od Green gages, per b. sv.o4 to Os
Cherries, per lb. Os to Oi Od, Raspberries, p.potl. Od to Od

VEGETABLEb.
Greens, p. doz. bun. 2s to 3s 0, I Shallots, per 1b 61 to 91
Cabbages, per doz.ol to Os 0,1 Horseraddish, p. b. Is6d to 4s
Savoy do., p. do. Os Od to Os Od Parsley, per do. 2l to 4d
Cauliflowers, do.2sOd to ls Od Celery, per do is 04 to is lid
Brocoli, p. bun. Os 9.1 to Is 0.1 Beet, per doz. is 04 to 24 04
Potatoes, per ton 85s to 160 s Parsnips, per do. Os 4.,0 Os Od
New do., per cwt. Os Od to Os Small salad, p. pun. 24 to 3d
Peas, por h siev Os 04 to Os Od Alushroonis,p.ptl.lB6,lto2s 6d
Turnips, per bunch 24 to 44 Artichokes, each ...6d to 84
Carrots, pei bunch... 41 to Gd Lettuces, per scr. ls 61 to 2s
Cucumbers, each 6d to Os 94 Endive, per doz. is to is 61
Garlic, per lb Gd to Os 84 Radishes, p.d.bun. is to 1.86(1
Sorrel, per sieve O4 to 0: Tomatoes, per hsv.:-4; to Is Od
Spinach, p. d0...13 04 to 2s 64 Walnuts per 100 ...04 to 04
Brussels sprouts, per Chillies, per 100 0, Od to Os Od
half do is kl to 2s 04 Capsicums, per 100 Os 04 to Os
Onions, p. bush Os 04 to Os 04 Rhubarb, p. bun. Od to Od
New do., pee bunch Od to 0.1 Asparagus, per 100 Os 04 to Os
French beans, per Seakail,perpun.Os Od to Os Od
haif-sieve is 6d to is 9d Turnip greens, per
Leeks, per ...... 24 to 3d bush Os 04 to Os 04
NEWGATE AND LEADENHALL.
Turkeys, Os Od to Os Od ; Poulin, 5s Od to 8s 04; Geese,
5s 04 to 7s 04 each ; Goslings, 4s 6.1 to 7s 01 • Duck-
lings, is 94 to 2s 6d ; tame rabbits, 18 3d to is 9:1 each ;
wild do., 104 to is 2d ; Pigeons, 54 to 94 each ; large
Surrey Fowls, 6s to 8s; barn-door do., 38 Gil to 58 Od ; Chick-
ens, 3s 64 to 5s 6d per couple; Capons, Os 04 to Os; Hares,
2s 01 to 3s 64 ; Grouse, Is 9d to 3s Od each • Pheasants,
2s 6d to 3s 64 ; Partridges, is Od to is 9d • Woodcocks, 2s
6d to 3s ; Snipes, 04 to 03 Od; Teal, Os 9:1 to is 3d; Wild
Ducks, is 0:1 to is 94; Widgeons, 0810,1 to is 3d; Plovers, Os
to Os Od each ; Guinea Fowls, Os Od to Os ; Roasting pigs, 6s
Od to 10s 04 each. Ostend fresh butter, —s to —s 04 ;
English do., is 24 to is 44 per lb. ; English eggs, 108
Od to 12s 04; French do., Os 04 to 10s 01 per 120; Leverets,
2s Od to 3s 0 d each.