The Sun.
London, England, 1863-09-15 00:00:00

COMMERCIAL.

Produce Market—Most productions of produce are
quoted at somewhat easier rates, the tendency to a decline
in prices being caused by unsatisfactory reports from home
arriving simultaneously with more ample supplies from the
interior. Rice and jute, however, prove exceptions to the
general dull state of these markets.
Import Market—Piece Goods—There is some improve-
ment in demand, and buyers are gradually coming nearer
the prices demanded by holders. Accounts from the North-
west are still unfavourable, but dealers appar to expect
improved advices thereon shortly.
Joint-stock Shares--The prices of most joint-stock com-
panies' shares have been well maintained, but the market
is, nevertheless, dull, and the business done for cash
limited.

CHINA.
(Flom the Hongkong 29th July.)
The latest dates from Peking are to the 11th
July. There is no news cf importance. The health
of the different members of the foreign legations is
good. The rains have begun, rather late in the
season,

Our advices from Tien-tsin apprise ns that a treaty
has been concluded between Denmark and China.
Negotiations were conducted at the capital be-
tween Colonel Raasloff, the Danish Minister, and
Hang-ki, the mandarin appointed last year to
meet Senhor de Guimarens. Tsung-hau, superin-
tendent of trade for the northern ports, vas
named joint commisioner with Hang-ld, and the
treaty negotiated at Peking, and there signed
by Colonel Raasloff and Hang-ki on the 10th inst.,
was finally signed by Tsung-hau on the 13th inst.,
at Tien-tsin. Its conditions will, according to cus-
tom, not appear until the ratifications shall have
been exchanged a twelvemonth hence; but, with the
exception of the right of ministerial residence at

Peking, for which it appears the Danish Minister
did not stipulate, it will secure to Danish subjects
all privileges enjoyed by other Powers. The
Danish flag has been excluded from the benefit
of the Provisional Rules under which the Yang-
tsze kiang is open above Chin-kiang. The treaty,
we understand, concedes to the Danes this trade
on the same terms as to the elder treaty
Powers, and the Chioeso Government hes so far
shown itself friendly as at once to admit all
steamers and square-rigged Danish vessels to a
participation in the river trade, without waiting for
the formality of an exchange of ratifications. The
Danes, naturally, have not gained any advantages
that are not practically within the reach of other
nations, but if our information be correct their
treaty has the honour of permanently recording
sundry modifications that have been adopted in the
interests of trade in the last two years. The
opening of the been trade, for instance, is esta-
blished by the disappearance of the old limitation
from the Tariff and Commercial Articles. The
term within which drawbacks are to be obtain-
able on Chinese produce carried from one treaty
port to another, when re-shipped from the
second to a third port, or to a foreign port, is
extended by the Danish treaty to twelve months.
The coast trade itself, at the half-tariff duty, is
also become a treaty right.
From Japan there is no decisive news as to the
aspect of future relations. Along with payment of
the 440,000 of indemnity money was tendered, as
already stated, the information, that the Mikado
was positive in his injunctions to the Tycoon's Go-
vernment to drive all foreigners out of Japan.
This may be another way of stating that no security
short of foreign retirement can be given against the
frequentrecurrence of outrages similar to those for
which the indemnity was demanded. There was an
apology stipulated for, but we cannot learn that
it has been given. Moreover, the destruction of the
Legation buildings at the Goten-yama, near Yeddo,
has yet to be atoned for, and the murderers of
Richardson executed, so that it is quite impossible
to report matters as settled in Japan; it would be
easier at once to predict a permanent state of un
settledness.

The Shanghac Recorder has the following start,
[log item :

" The new Port of 03aka, it is confidently ex-
pected, will be opened in about three months. The
foreigners were still quietly resident at Yokohama,
and everything bore a peaceful aspect. A civil war
was taking place, and the Tycoon was hemmed i❑
by the troops of the Mikado at Osaka. The Elgin
was conveying Japanese troops to the latter place,"