The Sun.
London, England, 1844-08-02 00:00:00

SINDE.

Our intelligence from Sinde at the date of last month's
dispatch, extended to the 16th of May, and now comes down
to the 4th of June. The news of the month is much less in-
teresting than we had ventured to anticipate. The meeting
of the Beelooche chiefs at Hyderabad on the 24th of May
went off very quietly s from 15,000 to 20,000, including at.
tendants, are believed to have been present : from 30,000 to
35,000 were expected. The principal object of getting
them together is said to have been to warn them solemnly
against persisting in the territory-appropriating prac-
tices to which they have hitherto been occasionally addicted;
spoliation requires to be practised on a large scale before it
becomes legitimate, and our new subjects are required to
attend to the precepts, net the practice, of their conquerors.
The Governor and his unruly guests are said to have parted
mutually pleased with each other. Her Majesty's birthday
was celebrated at Khyrpore in a manner similar to that in
which it was kept at Hyderabad. The thermometer at Hy-
derabad ranged from 86 deg. to 110 deg. in the shade ; sick-
ness had not increased this year so fearfully as last at the
corresponding period. Her Majesty's 86th had lost fourteen
men very lately, of whom nine had fallen victims to strokes
of the sun.

From Kurrachee we have intelligence by boat to the 4th
of June. His Excellency the Governor had returned
thither on the Ist, from the meeting at Hyderabad. Mr.
John M'Leod, late of the Bombay Land Revenue Depart-
ment, had been appointed Collector of Sea Customs for the
mouths of the Indus. The communication by sea betwixt
Bombay and Kurrachee will continue closed for some months
to come.
Our latest letters from Sukkur are to the 31st of-
May. The Beelooches seem for the present to have sus-
pended their marauding operations around Shikarpore ;
we must of course pocket the affront of the repulse at
Foolajee, or be prepared for worse.' The Bengal 64th were at
Shikarpore, still sulky and discontented. One sepoy had
lately shot another, and his comrades had refused to surrender
the murderer to justice. The mutineers were detained, at
Sukkur. The 7th Cavalry, which had just come down from
Ferozepore, had crossed the Indus from Roree, and were
about to proceed to Shikarpore. General Hunter had arrived
on the 7th at Sukkur, and taken command. General Simp-
son continued at Shikarpore. Shere Mahomed was
said to have still a larger number of men and amount of
money at his disposal than could have been imagined. Sir
C. Napier was said to have solicited from Lord Ellenborough
active employment in the Punjaub ; and to have proposed
moving a force into Mooltan simultaneously with the advance
of the main army on Lahore. The recal of the Governor-
General is likely to have given the death-blow, for the pre-
sent, to the system of general aggression and periodical war
known by the name of " Peace in Asia."

•
however, we are happy to say everything had returned to its
wonted quiet.—Canton Press, March 16.

COMMERCIAL INTELLIGENCE.
CHINA.
We have received intelligence from China, rid Calcutta, to
the Ist. of May. An extract from a price current, dated
Macao, the .20th of April, we give below. Advices from.
Shanghae of the Ist, Ningpo•the 3d, and Chusan the sth of
April, had been received at Macao. • The" accounts of the
state of Markets differ but little from those last received, For
opium there was a better demand at Macao.
The price current dated Macao, already allUded to, says—.
" Few sales are made here or at Canton in Malwa opium and
the inferiority of quality must-tell in 'favour of Bengal, for,
which the demand continues steady, though not large. Wo
are inclined to think new Patna will not go below GOO dol-
lars, and Benares 560 dollars, this season, unless the cost
of tie third sale drug is much under the Calcutta prices
of the 23d of February, and comes onto a great number
of small holders, who, by forcing sales, may
"send prices
down for a short time ; but we think Patna bought at
or under 1,200 rs., and Benares at about 1,100 rs., very
safe, particularly if the -consumption of Daiwa falls off as
much as we are led to expect from- the very serious losses
that have everywhere been sustained by the dealers, and
from the consequent want' of confidence in its quality. For
Turkey there is just now a better demand, occasioned pro-
bably by the difficulty of getting good Malwa." The drug
at Shanghae was declining rapidly. The quotation for Malwa,
at Woosung, was 700 to 720 dollars, 690 to 700 dollars at
Chusan, and for Bengal no inquiry. The imports of salt-
petre had been very heavy. Of good quality this article is
saleable at Bto 8 dollars. The cotton-market was exceed-
ingly dull; nothing ofietinsequence doing in it.
MACAO, APRIL 20, 1844.—Exchange.—On
at six months' sight, under .credits from Messrs. Baring,
Brothers, and Co., have been negotiated at 4,5. 4d. to`4s.
but the rate is soon likely to be at. 4s. 3d., perhaps 4s. 2d.
On Calcutta.—Sir H. Pottinger is still drawing at 30.days'
sight, at 222 rupees for 100 Mexican dollars, which rate con-
tinues during the -.present month, after which the rate, it is
supposed, will again be fixed for another month. -
Freight to London continues, .as before, 31. per 50 cubic
feet, and tonnage abundant.
"CALCUTTA MONEY-MARKET.
(From the Calcutta Star.)
___

CALCUTTA, JUNE 6.
The Money-market continued easy till about the 25th ult.,
since which period it has become more active, consequent on
demand for payments for opium and other objects, and there
is every likelihood of interest and discounts advancing be-
fore our next issue; the following shows the market Value
of bullion and foreign coin, and the rates of banking trans-
actions ; in the latter we have no alteration from last quo-
tations to notice

Co.'s R. A. R. A.
Dollars 219 oto 221 4 per 100.
Sovereigns .. ..
Gold mohurs, old 2O 4 20 5 each.
New ditto lB 8 18 10
Five franc pieces- (silver) 2 0 2 1 each.
Bank of England notes lO 12 10 14 per pound.
(China, Leaf l3 8 16 0 per sa. wt.
I Straits, Dust l3 0 15 0 per sa. wt.
s ........... 103 8 105 2 per
~sa. wt.
Ge
LOANS.—Consequent on the altered bearing
Goldofy teoeE
he
siren3e lE
money-market, arket, the value of these investments, ex-
cepting that of stock paper, the premium on which is upheld
by the still low rate of homeward exchange, has declined
considerably from last quotations ; the second wive per Cents.
are 8 annas to 1-Br. per cent. lower; third Five; 4 annas
per cent.; and New Five per Cent. paper, 8 annas per cent.
lower; Four per Cent. paper has fallen 6 to 12 annas per cent.
An apprehension has prevailed that the Government may
resume payment of the second Fives, but it is believed that
this expectation is unfounded for the present, its it may be
some years before the Government be in the position to do so.
The following are current :
Sell. • Buy.
Stock Paper—Transfer loans of 1835
and 1836, interest payable in England
at 2s. Id. per Sa. SR.I4 0 15 0 per ct.
Five per Cent—Second loan accord- do. 2 0 4 8
ing to numbers, p.m. ..... do. 2 8 5 8
Third ditto, p.m.
New of 1841 and 1842, p.m. ......C.R. 7 8 8 0
Four per Cent—Old loan, discount S.R. 2 8 2 2
New loan, discount C.R. 2 0 112
Bank Spares continue in good demand; Bengal Bank
shares are still at the rates in our last issue, but approaching
the period of half.yearly dividends, it is probable that the
value may advance before our next issue. Shares of the
Union are 15r. per share higher; Agra Bank shares are still
at the rates in our last issue, but accounts from Agra report
the sale there of several shares at 50 per cent. premium, ex-
clusive of interest on stock from January 1, at 10 per cent.
per annum ; Mu 5800.63 and Bank of Western India shares
are still at the quotations in our last issue. Per Share.
Sell. Buy.
Bank of Bengal Shares (capital, 1,07,00,000
Company's rupees), subscription, 4,000
• Company's rupees per share, premium ...... 3,050 ... 3,100
Union Bank Shares (capital, 1,00,00,000 Com-
pany's rupees), subscription, 1,000 Com-
pany's rupees per share, ..... 125 ... 130
Agra Bank Shares (capital, 40,00,000 Cm-
pang's rupees), subscription, 500 Company's
rupees per share, premium . 240 250
Mussoorie Bank (500 Company's rupees), sub-
scription per share, premium
Bank of Western India (500 Company's ru-
pees), premium
SHARE MARKET.—WQ have no alteration to notice in
these investments; the Steam Tug Association has declared
a dividend on the operations of the last half-year at the rate
of 50r. per share, equal to 10 per cent. per annum, and the
Bonded Warehouse at the rate of sr. per share.
Calcutta Docking Company, premium, at 60 Company's
rupees per share.
Steam Tug Association, par.
Bonded Warehouse, discount, at 50 Company's rupees, to
60 per share. _

gxcHANGE-MARKET.—Since the departure of the last
homeward mail, transactions have obtained at ls. llid. to
Is. Hid. per Company's rupee, in bills at 10 months' date,
and which are still the prevailing rates of operations; but
under the altered disposition of the money-market, it is pro-
bable some transactions may obtain at a higher exchange in
remittance by the mail under dispatch to-day; the market is
susceptible of such advance. Treasury bills are still wanted,
and are scarce. The following may be considered as current
exchanges :
Treasury bills, at 30 days' sight, according to amount, at
Is. 9id. to Is. 10d. per Company's rupee.
Navy bills, at three days' sight, at Is. 9d. to ls. 91d. per
Company's rupee.

Mink -ditto, at 30 and 60 days' sight, at Is. 9ad. to Is. 100.
per Company's rupee.
Union Bank, at 3 days' to 6 months' sight, at Is. 9ad. to
ls. 101 Ed. per Company's rupee.
Private drafts against shipments, at 6 months' sight to 10
months' date, at Is. llad. to Is. Hid. per Company's rupee.
Agency on London correspondents at 30 days' to 6 months'
sight, according to amount, at Is. 100. to Is. Hid. per
Company's rupee.
Agency drafts for remittances at 6 months' sight, accord-
ing to the report of the Chamber of Commerce in the past
week, have averaged Is. Hid. per Company's rupee.
Government advances against shipments to London or
Liverpool, on hills at 6 months' sight, are still at 2s. per
Company's rupee.
FRElGHTS.—Consequent on numerous arrivals since our last
issue, and unfavourable accounts by the last outward mail
regarding the produce market, which at present limits exports
of sugar and other products, the rates of homeward freightage
have consideiably fallen since our last report ; present quota-
tions being 20s. to 30s. per ton lower than former rates, with
difficulty to obtain loading even at the reduction; shipments
of grain to the Mauritius continue.
OPIUM.—The fourth Government sale of the season took
China
h placeina o
and n th
the
h e2Ost
Straits,
a iutl‘ tia. ,tvi
gheahernayedgs
hteyielded d
declined
:fil lowing results ;
since the sale, consequent on unfavourable accounts from
Co.'s Rs.
highest ... 1,500 0 0 per chest.
Patna, 1,500 chests lowest
•
Benares, 700 chests lowest
{
BOMBAaYverMagOeNEY MA1111::R73328:19C5ET3030. 3600
I=
Government securities have slightly advanced since last
publication. The present quotations are—
Rupees. Rupees.
5 per Cent. Loan of 1825-26......... 110 to 110
4 do.
.11883422: ... 104 106
1835-36 .. 99i 100
4 do.
1841.42 mil 110
99i 100
Exchange.—During the past month exchange on England
has continued firm, and may be quoted—For six months bills
at 15. 100. to Is. 10. per rupee; for bills at 30 days' sight
at Is. 10d. On Calcutta, at 30 days' sight, 100ir. ; on Ma-
dras, at sight, 100ar.; on China, at 60 days' sight, 214 r. per
100 dollars.

Banks.—Shares of both banks have advanced during the
month, the present quotations of the Bombay Bank being 48
per cent. premium. Shares of the Bank of Western India
are quoted—old at 42 to 45 per cent. premium, and new at
45 to 47.
__

Price of Bullion.-Sovereigns, 11Lr. each ; Bank of England
notes, 10.1 r. to 11r. per pound.
(From-the Overland Price Current.)
BOMBAY, Just 19.
Although the month of June was ushered in with a fall of
rain, the weather has since continued d 7 and sultry. The '
communication with the coast and the interior of the country,
however, ceased in the latter end of May ; and the few sales
of imports that have been made since the departure of last
mail have been for local use. Piece goods of.all kinds con-
tinue unchanged in value.
Metals.-There have been but few transactions in metals
since the departure of last mail, and those generally at a de-
cline on former quotations. Brazier's copper has been sold
at 524 r., being a fall of 4r. per cwt. on the quotation of May.
Tile has been sold at 47r., showing a decline of 2r. to 24r.
Sheathing at 54r., and raised bottoms at 56r. South Ame-
rican has also fallen 2r. per cwt., the present price being only
35r. British bar iron . was sold early in June at 204 r. to
24r., but on receipt of the intelligence by last mail holders
declined to sell except at a considerable advance, and conse-
quently but few transactions have been made, the highest
being 21r. per candy ; an advance is also firmly demanded,
upon all other descriptions of iron, but very few sales have
been made, and prices arenominal. There is'a good demand
for nails, and they are readily purchased, according to sizes,
at from 121 r. to 16r. per cwt. Both pig and sheet lead_are
nominal at 10r. 2a. to lOir. per cwt. No sales of spelter have
been reported, but we understand that a few tons have been
sold so low as 15r. per cwt., at which price the dealers would
willingly purchase, but holdhrs are not inclined to sell underl6r. 11ie following
aides of metals have been reported for
publication :-
Copper.-970 cwt. tile, at 47r. 2a. per cwt. ; 360 cwt.
brazier's, at 52iir. to 52r. 10a ; 100 cwt. ditto, at 52ir. per
cwt.
Iron.-140 tons Swedish, at 47r. per candy ; 130 tons Bri-
tish bar at 21r. per candy ; 100 ditto, at 20Ar. per candy ;
34 tons nail rod square, at 25r. per candy ; 10 tons hoop, at
4r. 6a, per cwt. ; 30 tons sheet, at 4r. 13a. per cwt. ; 200 cwt.
iron nails, at 14ir. per cwt. ; 100 cwt. ditto, at 12ir. per awt. ;
100 cwt. ditto, at 13ir. per cwt.
Steel.-300 cwt. Swedish, at 11r. per cwt. ; 600 cwt. ditto,
at 11r. per cwt.
Tin Plates.-200 boxes, at 15r. 2a. per box.
Cotton Manufactures.-It will be observed from the few
sales made during the past month that transactions in all
sorts of piece goods have been almost suspended.. Prices have
not receded, however, from the quotations of last month.
Yarns.-Some sales of twist have been made during the
month, at slightly reduced prices, for NOs. 40 mule and 30
water; but other numbers are firm, and No. 50 mule is
dearer. Speculators have bought up all the orange yarn
in the market, at 15a. to 16ita. per lb., for an average of No.
40 ; and several parcels vet to arrive have been purchased
at 15Ja. for No. 40. In 'Turkey red there is no change to
report.
Woollens.-No sales have been reported with the excep-
tion of the following, and prices nominal :-
48 pieces scarlet and green, .56 in. at rs. 2 15 per yard
.12 blue -
240 pairs of blankets .
Marine Stores.-We have no alteration to notice in the

THE SUN, LONDON, FRIED /CY E N IN-G, A. IT GUST 2, 4844.