The Sun.
London, England, 1862-11-27 00:00:00

COMMERCIAL,

Our Commercial Summary gives—Exports checked ;
imports encouraging; money dearer; stocks drooping;
shares steady ; exchange lower ; freights advanced.
Exports.—The advanced rates of freight now ruling
exercise a considerable check on business. Our market con-
tinues moderately supplied, and prices are steadily main-
tained in most cases. Transactions since the re-opening of
business on the 10th have been chiefly in jute and linseed.
Indigo at full prices. Sugar, 4to 6 annas dearer. Salt-
petre, 4 annas up.
Money.—The Bank of Bengal on the 25th ult. raised its
rates of interest and discount 1 per cent. The market in
the Bazaar has been gradually tightening owing to the
absence of remittances from the North-West and the re-
quirements for the Doorga holidays. We have still a full
supply of capital available.
Government Securities.—Prior to the holidays transac-
tions in Four per Cent., Lr delivery after the vacation,
continued at about the rates we last gave, which were
6-12 to 6.4 discount. The alteration in the Bank rates of
interest on the 25th ult. checked speculative operations.
Subsequent to the holidays, in expectation that the Bank's
rates would be again raised, business was very limited and
prices generally drooping. There having been no change
made on the 16th, quotations have rallied and there is
again more doing. Five-and-a-Half quote at 12.0 to 12.4.
Fives have ruled from 4.0 to 4.4 discount. Fours 6.10 to
6.4. Siccas 8.0 to 8.2 discount.

CHINA.

The Overland China Mai/ says :

" The past fortnight in China and Japan has
been marked by one or two incidents that may
affect the future current of events in some degree.
"At Yokohama one of our countrymen was
murdered in cold blood and two others wounded
while riding along the high road from Yedo to
Miako. [Particulars will be found below.] It
has, we ought to state, always been the practice
for the Japanese authorities to intimate to us a few
dayS previously the particular day on which any
nobleman with his retainers intended to travel along
the road to a foreign settlement. Our authorities
have then made the matter public, and advised those
under their care to avoid giving cause of offence by
going in the way of the procession. On the present
occasion there had been no notice given on either
side. The tendency of events like this is to confine
foreigners more and more to the particular spots
conceded to them for the purposes of trade.
" From Peking there is no intelligence of im-
portance.

" From Ningpo, however, we learn that Genera'
Ward has been killed while operating against the
Taepings in the neighbourhood. In our last sum-
mary of news we spoke of a lamentable catastrophe,
brought on by a French officer, at Yu Yoau, a town
up the river from Ningpo. The Cantonese, who
then deserted and went over to the rebels, appear
to have conveyed to the latter an erroneous impres-
sion of our force and intentions, for the Taepings
began to move about the country more freely and
burn down the hamlets as usual, plundering and
murdering on all sides. They came to the town of
Tszehee, but were completely repulsed by the shells
from the Confucius and the Hardy, and by Ward's
Legion. Here the Taepings left 700 killed on the
field, and all their flags. Ward was viewing the fugi-
tives through his glass when a bullet entered his belly
just above the navel; he was brought down in the
Hardy, and died the following day in Dr. Parkes's
Hospital. He had his senses to the last, and made his
will, leaving Sir James Hope and the Hon. Mr.
Burlingame as his executors; he leaves some two
or three hundred thousand dollars. His loss is
perhaps to be regretted, as he bad great influence
among his troops, who are said to have reposed the
highest confidence in their leader. No successor
to Ward has yet been named.
"A correspondent writes us from Ningpo, stating
that some of the gaudily dressed boys who abound
among rebels are reported to have appeared about
10 miles from Ningpo ; he h
idea was, that between had not seen anybody
who had seen them, but his
Ningpo and the rebel
ena:P there was still a re-
native drilled troops at
spectable distance 2. T
,
500 bayonets, and the Taepings
Ningpo amount tobe
believe that consular ports are no
longer to be taken.to
M. Giquel, of the Customs,
has been ePoken °f as a successor to Ward, but the
idea is probably
unfounded ; nevertheless, this gen-
tleman has shown considerable activity in a mili-
tary direction for some time past. The party who
went
over to the rebels, in consequence of French
mismanagement,prove to be the contingent of Apak,
the ex-pirate. Attempts continue to be made by
traders to supply the enemy with munitions of war.
"At Shanghae, all is profoundly quiet.
.‘ At Tien-Thin cholera has almost •
disappeared.
A considerable rising of the IVlaho d
me an popula-
tion in the province of Shensi was authentically re-
ported soon
after the departure of last mail. No
further intelligence has reached us as to its pro-
gress or character.

"From Anoy, Fuchau, and Swatow, there is no
news of importance.
"At Canton three officers and 42 men of her
Majesty's 99th and Royal Artillery are at present
quartered at the Heights ; their business in Canton
is to drill Chinese troops for the protection of the
city against the Taepings, who were lately found to
have conspirators at word to produce disaffection
and internal disorder in Canton, and so, probably,
prepare it for easier capture. The Chinese troops
II are said to take kindly to their drill ; the present