The Sun.
London, England, 1852-08-16 00:00:00

CHINA.

Our correspondent's letter is dated " Bong-Kong;
June 23," and is as follows:

" The- semi-monthly mail arrived here on the 3d
instant, and the mail of the 24th of April early on
the sth.
" The 24th ult., the Queen's birthday, was duly
celebrated by salutes from her Majesty's and fo-
reig❑ ships of war, and the usual festivities at the
Governor's.

" We are still enabled to report favourably on the
condition e
Loafd tyh em,
Ng
a
troops.hten is to sail to-day for Eng-
land
,Thewit with
rebellion
companyelin
is
stillof thetalked of,
Royal
butt
reports
are very contradictory, and no reliance can be placed
on them. It seems to be formidable, and to occasion
much apprehension.
" At Singpo a riot took place, arising from the
collection of taxes. By last accounts, however, its
matters seem to have been arranged.
" The United States' ship Saratoga arrived from
the coast on the Bth, and brought do ivn about 100 of
the Robert Boune's Coolies. A court of investiga-
tion was held on board the steamer Susquehanna,
before the Commodore and the United States' Consul
at Canton. Seventeen of the prisoners were found
guilty, and handed over to the Mandarins at Canton ;
the remainder are to be sent back to Amoy.
" Owing to a report that a junk had been attacked
and plundered outside, her Majesty's steamer Hermes
went in search, and returned yesterday, having cap-
tured two junks said to be heavily armed.
" CANTON.—Since the 24th ult. the rains have been
almost incessant ; and the floods in the interior have
done much injury to the rice crops, and occasioned
great loss of life. Trade has been dull throughout
the month. Imports, excepting yarn, have receded
in value. In exports little has been done. The new
congous are expected immediately, but may be de-
layed by the floods.
" From Shanghai we have advices to the 17th inst.
Imports had materially given way from excessive
supplies ; and, owing to the dry weather, and the
banks of the Yellow River not being repaired, transit
into the interior was much interrupted. The new
silk had commenced arriving, and was reported fa-
vourably of as to quality and abundance of the crop.
The steamer brought down 830 bales for shipment by
the overland route. The export of tea from China
is now 64,000,0001 b., against 68,000,0001 b. last year.
Of silk the export is 19,400 bales, against 20,200 last
year.
" Exchange has advanced suddenly both here and
at Shanghae. Here first-class bills have been done
at 4s. Bd. to 4s. 811 d.; at Shanghae 4,. 114 i. to 55.,
nominal. Freight may he quoted at 3/. at both
places; probably clippers will command 41. to 5/.
" Her Majesty's ship Cleopatra returned from
Amoy on the 12th instant ; the lion. Company's
steamer Nemesis left for Manilla, Labuan, and the
Straits on the 21st; her Majesty's brig Contest sailed
this morning for the Straits; the United States'
sloops Plymouth and Saratoga have left for the coast;
the St. Mary's has proceeded south ; the French
steamer CaEsini and the corvette Capricieuse have
gone to Shanghp.e.
" In harbour are her Majesty's ship Cleopatra and
the steamer Hermes; at Whampoa, her Majesty's
steamer Salamander ; at Amoy, the Hon. Company s
steamer Semiramis ; at Shanghai, her Majesty's
brig Lily ; at Macao, her Faithful Majesty's brig
Mondego.
" The latest dates are from England, April 24
Bombay, May 18 ; Calcutta, May 17 ; Sydney, April
17; Manilla, June 16; Singapore, May 30 ;
Shanghai, June 17 "

COMMERCIAL INTELLIGENCE.
CALCUTTA.
From the Calcutta Overland Price Current, July 2.,
The Bombay express and the mail per Poctinger ar-
rived simultaneously on the 28th inst., with London
dates to the 24th of May last.
The commercial intelligence received on this occasion
is of a very gratifying nature. Trade continued healthy,
and the deliveries of produce large and steady, without
the aid of a speculative demand. Money was still abun-
dant and unprecedently cheap. The indigo sale closed
satisfactorily, and sn active inquiry, with advancing
prices, existed for many of the most important articles of
colonial produce.
Here, operations in our export markets have been
checked by a rise in freights and in exchange. The
amount of business done since the departure of the last
mail has, consequently, been comparatively small. The
market is now well supplied with Benares sugar; va-
cuum-pan sorts being scarce have advanced 6 annas per
md. The finer refractions of saltpetre have further re-
ceded 4 annas per md. Very little has been done in rice
for the British market. The inquiry for safflower has
abated, but without being attended with any alteration
pdo jute
teustard- seed
has been very m
in value. The market is scantily supplied with raw
silk, and buyers are disinclined to operate without a con-
cession in price equivalent to the rise in the exchange
Operations in linseed have obtained to a fair extent at
thehaz reductionheen
rather
noticed
n e
gi nl e
courlastted.Go
r eo
scarce, and little has been done in it since the last mail
left. Most other articles of country produce have been
neglected.
Our import market has been very dull
ing, and in cotton goods, with the and disoourag-
shirtings, jaeonets, madapollams, muleexception of gray
deliveries have been small. The and twist, the
upper provinces are still unsatisfactory. accounts from the
shirt-
ings have given way from 2 Gray
White figured skirtings to 3 annas per piece.
are of lower value. Gray jaw-
nets have declined 6 pies
kinds of bleached are to 1 anna per piece, and all
ficult of sale cheaper. Lappets are very jlifli
eve
mults are neglected n en lower terms. 0.11,
of mule twist have been and depressed. elivei7.
to 2 pies on all numbers fair, but with a decline_ 0;
_...1;
German Turkey red
hasrs above 30. In neonloureednd or"
°nil'
a small transaction has
atrdaownyfacridinte;3ldritiset orguge
and green are dull, and not transpired
placed. "ton Vet:
five inquiry for sheathing copper sprang Illtie wtould be
position that the yield of the Austrsulin Inland the price
much diminished for want of work , Vo,olders are not
rose from S to 12 annas per maue-A , blues is but little
disposed to accept even that advar tes.r. per maund. Lead
doing in iron. Spelter has falterers
are holding off with a
is without report of sale. Dtre „,rice of salt.
view to effect a reduction in r
ail closed at 2-01- for credits.
Tbe exchange for last na been upwards, and on going
• thee he'
The tendency ono 2_l to 2-1 f credits, and 2-1 i to
to press quotations were
2-1 i documents.
keg continues to be well supplied on
The money Bank of Bengal shares are looking down,
easy terms. 0 xi."
h Comparatively small dividend (between 7
owing to cent.) expected for the past six months, but
and 8 per c- cock shares are
iher jotet-s looking up. We quote
most o , Bengal Shares at 6,400; Agra Bank Stock, at
Bank r''' - India General Steam
52030 525 i Shares, at 325; New
Life Insuranc3 Company,
Oriental Li
Securities—New . Fives, 106 to 106.8; Sicca ditto, 102-8
to 102.12; Transer ditto, 106; Company's Fours, 91
to 91 4; Sicca ditto, 88-12 to 89.
Owing to the scarcity of tonnage, freights have taken
a farther step in advance, and we now quote 31. 17s. 6d.
co 4L for sugar, and 31. 15s. for saltpetre.

REPORT ON THE STATE OF THE BOMBAY
MARKETS,
From the 24th of June to the 4th of July inclusive.
(From the Bombay Times.)
MONEY 3IIRMET.--The position of the money market
remains unaltered. Tho Bank of Bombay has declared
a dividend for the half year ended the 30th of June at
the rate of 5i per cent. per annum. Government secu-
rities and shares continue in fair demand, and we quote
current rates as follows:
Transfer Loan
Sicca Fours ..... 13
Sicca Fives ... . 1
109}
95
COMPanY'6 Fives ••• ... ... 106,
1....... .......
...
Company's Fours
••• •••
, 92
Bank of Bombay Shares, books shut.