INDIA.
CALCUTTA. Business very dull, owing to financial failures in Bombay. Several shipping disasters have occurred. Also, a land-slip at Port Camoring, doing much damageBOMBAY. May 12. There is an increasing demand for money. Bank bills, 6 months' sight, 276, nominal. General stagnation in trade since the receipt of late English telegrams. Several heavy failures imminent. Asiatic Bank shares 40 per cent, discount. Tho Bank of India is to be wound up.^ Its losses are estimated at £280,000. A similar course will he adopted with the East India Bank. Heartrendimg accounts received of the famine in Orisa. Cotton cultivation in central Asia is becoming very extensive. CEYLON. Coffee shipments large, prospects for coming crop most favorable. The most interesting topic is the extension of railways and cultivation. Produce rules high. Cocoanut oil scarce, at 345. per cwt.
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West Coast Times, Issue 233, 21 June 1866, Page 2
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137INDIA. West Coast Times, Issue 233, 21 June 1866, Page 2
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