The Sun.
London, England, 1854-03-29 00:00:00

THE CALCUTTA MARKETS.

Here the exports so far this month are by no means
heavy. Very little sugar has been shipped to Great Bri-
tain. Raw silk has not found many shippers, and just
lately silk piece goods appear to be less actively sought
after. For England a large business is doing in saltpetre,
at steady prices. Rice does not seem to be in such active
request as it was a month back; at any rate the shipments
to Europe of late are moderate. Both shellac and lac dye
are in moderate demand, but the market, they say, is very
ill supplied. Hides are in good request, but supplies are
inadequate, so that exports are not large so far this momth.
Oil-seeds of all kinds are in active inquiry. Castor oil and
cutch are both in fair demand. Jute goes forward pro,`;ty
freely to all parts. Nothing doing in raw cotton. Rum
has been shipped to England and Australia.
The second Opium sale of the season was held on the Bth
instant, when the result was as follows :
Chsts. Highest. Lowest. Avge. Proceeds.
Patna 2,855 800 785 793 10 1i 22,05,825
Benares
Stock in the godown after the sale :—Patna, 4,121 ; Be-
nares, 1,312 chests.

„
The Pekin steamer arrived on the Bth inst., bringing
Canton news to the 21st January. Quotations of opium
then were : -Patna, 355 (lois. ; Beuares, 365 dols. ; Malwa,
407 dols. ; Turkey, 360 dots.
The Shanghai steamer left town yesterday morning with
a full cargo, and the Pekin is to follow in a few (lays.
Our Import Market has been fair, as may be judged of
by the reported list of transactions. Staple goods have
sold freely at about previous rates ; and Glasgow and other
light fabrics have been moved off with some spirit to a con-
siderable extent. Imports in January were to a fair ex-
tent.

The mule twist market has been very quiet. Prices are
nominally as before, and holders not inclined to relax in
firmness. A parcel of high counts, 100 s to 300 s. sold at 7
annas per morah. Turkey red yarn of German dye has
sold freely. Only one small parcel of orange is reported
sold ; and nothing appears to have been done in green.
There is no change in the metal market. Imports and
sales are alike on the most moderate scale. Prices of iron
and copper are both likely to keep high.
Nothing fresh to report regarding the money market,
which continues remarkably easy.

Quotations of Government Securities are—
Transfer Five per Cent Rs. 5 4 oto 5 8 0 pm.
New Fives, under 19,000 „ 2 0 oto 2 8 0„
Old Sicca ditto „ 0 4 oto 0 6 0 die.
Co.'s Rs. Four per Cent „ 0 12 oto 1 0 0 „ k
The Share Market stands as follows :

Bank of Bengal Shares Co.'s Its. 6,425 to 6,450 each.
Agra and. U. S. Bank „ 660 to 685 „
North-Western Bank PP 300 to 305 „
India General Steam „ 550 to 600 „
Bengal Coal Company „ 1,100
Bonded Warehouse f f 245 to 250 „
Calcutta Steam-tug Association „ 500 to 525 „
Exchange still continues at our late quotations to a shade
higher-
-Ist Class Credits 2s. o,ld. to 2s. id. per rupee.
Ditto Documents 2s. Ihd. to 2s. Id. „
Freights are again much higher. Quoted rates are as
follows :—To London, sugar, 6/. ; saltpetre, 61.; rice, 6/. ;
jute, W. ss. ; hides, 6/. 10s. ; oilseeds, 61. 10s. ; shell-lac, 51.
15s. ; lac dye, 6/. To Mauritius : Co.'s Es. 3/. 6s. to 3/.
Bs. per bag, payable there at 50 cents.
Indigo.—There have been but few sales just lately, and
the arrival of the mail was the means of causing postpone-
ments. It is said that prices are now more in favour of
buyers since the London market remains in so sluggish a
state.
Exports from Ist to 16th February, 1854 :

Chests. Fy. mds.
Great Britain 2,345 9,155

Frauce
North America
Ited Sea, &c.
Other places

876 '684
185 682
699 2,403
208 662

Total.

.. 4,233 13,536

THE MADRAS MARKETS.
(From the Madras Price Current, Feb. 22.)

Course of Exchange.—Bills on England, according to
sight, from ls. 11.0. to 2s. Odd. ; her Majesty's Treasury
Bills, Bank of England Post Bills, Mauritius Government

Bills, and Ceylon Government Bins, ;
Court of Directors' Bills on the Government of Bengal, 60
days' sight, none. On Calcutta, buy, . dis. ; sell, par.
On Bombay, buy, i dis. ; sell, par.
Government Securities.—Five per Cent. Loan of 1841,
1 to 11 pm. ; Four per Cent. Loan of 1832-33, 1 dis. ; do.,
1835-36, ,11 to 1 pm. ; do., 1843, 1 to lg pm. ; Five per
Cent. Transferable Book Debt, 5 to 6 pm. ; Tanjore Bonds,
to 1 pm. ; Bank of Madras Shares, 17 to 18 pm.
Price of Bullion, &c.—Sovereigns, 10 1 6 to 10 2 rs.
each ; Bank of England notes, 10 2 to 10 3 rs. each ; Spa-
nish dollars, 220 rs. per 100.
Freights—Although there is very little cargo for ship-
ment, the rates of freight continuo much the same as before.
To London and Liverpool—Rice, sugar, and saltpetre, 3/.
15s. to 4/. per ton ; indigo, piece-goods, 3/. 10s. to 41. per
50 cubic feet ' - seeds, 3/. 10s. to 4/. pek 18 cwt. ; hides 3/.
15s. per 14 cwt. ; cotton, 3/. 15s. per 5 bales ; red wood,
1/. les. to 2/. per 20 cwt. To West Indies-31. ss. to 3/.
15s. Mauritius—Coolies, per head, Its. 55.

SHIPPING INTELLIGENCE.
BOMBAY.

Arrivals.—Feb. 12—The ship Glendaragh, Smith, from
Singapore. 14—The Bombay Steam Navigation Company's
steamer Bombay, Beyts, from Kurrachee. 15—The ship
Roscoe, Clements, from Aden. 17—The Peninsular and
Oriental Company's steamer Ganges, Baker, from Hong
Kong. 18—The ship Cathaya, Winder, from London.
21—The ship Norton, Bristone, from Aden ; ship Royal
Sovoroign, Romney, from Aden ; barque, Courser, Wilson
from Port Philip ; Hon. Company's steamer Semiramis,
Frushard, from Aden: 23—The Jamsetjee Jejeebhoy,
Fitzmaurice, from Whampoa. 24—The Bombay Steam
Navigation Company's steamer Victoria, Menesse, from
Kurrachee. 25—The brig Captain, Danford, from the Cape
of Good Hope ; French ship Margaret, Bourdaise, from
Point do Galle ; ship Victoria, Smith, from Singapore.
Departures—Feb. 14—The Bengal Steam Navigation
Company's steamer Victoria, Menesse, for Kurrache ;
Hon. Company's steamer Queon, Young, for Aden ; ship
Charles, Campbell, for Liverpool. 15—The ship Rajasthan,
Cameron, for Kurrachee and London. 16—The Peninsular
and Oriental Company's steamer Singapore, Rogers, for
Gallo, Penang, Singapore, and Hong Kong ; Hon. Com-
pany's schooner Constance, Stradling, for the Persian Gulf ;
ship Prince Arthur, Sutherl and, for China ; Hon. Com-
pany's steamer Acbar, Balfour, for the Persian Gulf. 17—
Hon. Company's steamer Au ckland, Macdonald, for Kur-
rachee ; ship Alvira, Graham, for Akyab. 18 —The ship
Primula, Collins, for London ; Bombay Steam Navigation
Company's steamer Bombay, Beyts, for Kurrachee. 25
The barque Mahomed Samda ay, Butler, for Mauritius.

CALCUTTA.
Arrivals.—Feb. I—The French ship Cambroune, Ra-
villy, from Bourbon ; British barque Melaine, Bird, from
Coringa ; British ship Bushiro Merchant, Woodhouse, from
Bombay. 2—The British barque Delhi, Martin, from
Bombay. 4—The Belgian barque Theodore, Meulenbroeck,
from Antwerp; British barq ue Trafalgar, M`Nidder, from
Sydney; French barque Joseph Bushby, Davey, from
Mauritius ; steam-ship Beni duck, Bourchier, from Suez.
15—The British ship Fulw ood, Fitzsimons, from Liver-
pool.
Vessels spoken with.—The steamer Pekin exchanged
numbers with the Catherine„ standing to the westward ;
Futtle Rohoman, 100 miles :SE of th outer floating light
at eight a.m., Feb. 7.—The Delhi spoke, Jan. 19, in lat.
7 19 N, long. 87 E, the R rincess Royal.—The Theodore
spoke the ship Fulwood, from Liverpool to Calcutta, 86
days out, all well, Jan. 2, lrit. 37 S, long. 81 32 E.
Departures—Feb. 12.—The French ship Alcyon, Mar-
guin, for Bourbon and Mauritius ; Arab ship Futty Re-
homan, Nacoda, for Muscat ; British schooner Joseph
Manook, M‘Konzie, for Rangoon and Moulmein ; French
ship La Fayette, Tonsen#, for Havre and Bourbon ; French
ship Padouka, Leroy, for Bourbon ; French barquo
Belzance, Rocofl'ort, for Bordeaux ; French ship Vasco de
Gama, Dupont, for Bourbon. 13. The British ship Aber-
foyle, Noarse, for London • Arab ship Faize Rohany,
Nacoda, for ddah ; British ship Geo. Kendall, Farley,
for Liverpool; Hon. Company's steamer Sesostris, Neblctt,
for Rangoon; Hon. Company's steamer Zenobia Rennie,
for Rangoon. I4—The British ship Alfred the Great,
Brayley, for Liverpool ; British ship Sir Geo. Anderson,
Sedgwick, for London. 15—The British ship Alexander
Baring, Wilson, for Liverpool ; Arab ship Fattle Barry.
, Nacotia, fig Judclab. IG--'The American barquo Lucy L.

..I;;W.SPATIER
Hall, Lull, for Boston ; American bar
vens, for Boston.
MADRAS.
Arrivals.— Feb. 11. The steamer BefittitolijAeurChler;:
from Suez ; Talavera, M`Cauly, froth
*4
Ade-
laide, Parry, from Gravesend Trafilg'ar,;:eilah eyledr;; frpm
Bimlipatam. 12. The Rachael de St..4ll6;.Gaignouse,
from Gallo ; Jane Francier, Bonier, ftei`n- aily3;, ',re;
13—The Mount Stewart Elphinstone, Dahk*ona
tins. 14—The John 13rightman, Scott, from Singapore.
17—The Pekin, Whitby, from Melbourne SpeculatiOn,
Leaford, from Melbourne, Australia. 18—The Dolphin,
Harris, from Vizigapatam ; Regina, Locke, from Table
Bay. 19—The screw steamer Lady Jocelyn, Bird, from
Calcutta and Sand Heads. 20—The Lord Petre, Dickin-
son from Mauritius.
Departures.—Feb. 9—The General Godwin, Hicks, for
Sydney; Duke of Lancaster, Major, for Loudon via
Karical. 10—The Hindostan (steamer), Harris, for Calle,
Men, and Suez. 11—The Bentinck (steamer), Bourchier,
for Calcutta. 12—The In°, Wardwick, for Liverpool ;
Elise, Peyrusset, for Bordeaux; Paragon, Murch, for Ma-
sulipatam, Coringa, and Calcutta ; Helvellyn, Wright,
for Penang and Singapore. 14—The Duke of Argyle,
Suckling, for Mauritius ; Mount Stewart Elphinstone,
Dale, for Calcutta ; Margaret, Spratly, fur London. 15
The Zaphnath Paaueah, Jarvis, fur Pondicherry, Nega-
Penang, Singapore, and Malacca. IG—The flatup-
shire, Reyneli, fur Negapatam, Rengoon, and Loudon ;
Nonpareil, Tulloch, for Mauritius. 17--The Fleur-de-
his, Oumming, for Liverpool. 18—The James Tiall, Ross,
for Moulmein and Rangoon ; Hougoumont, Parke, for
Cuddalore and London. 20—The Lady Jocelyn (screw
steamer), Bird, for Galle, Mauritius, Cape, and London.
21—The Rocher de St. Malo, Gaignouse, for Marseilles
via Bombay.

CHINA.

The following is from the North China Herald, dated
Shanghai, Feb. 4 :—lt had become highly necessary, ir.
consequence of the notification recently issued by the
United States consul, that steps. should be speedily
taken for the security of equal rights and privileges
accruing to British subjects in regard to the payment ,of
duties to the Imperial Government of China.
Her Britannic Majesty's consul no doubt was anxious
to do so, but very consistently, we think, awaited a
reply to the communication made to the home Govern-
ment by his Excellency the Superintendent of Trade on
the subject in question. The last mail has very oppor-
tunely brought a reply to Sir George Bonham. Our
issue of to-day contains a letter from her Britannic
Majesty's Consul Alcock, to those merchants who had
been in correspondence with his excellency about the
duty question, together with an " extract from a dis-
patch of her Britannic Majesty's principal SecrOary of
State for Foreign approving of the course
Affairs, '
adopted by Sir George Bonham in the present difficult
crisis of foreign trade in China.
The letter her Majesty's consul has, since receiving the
dispatch, addressed to the ex-Taoutae, is calculated to
bring matters to a point. Circumstanced as foreign
merchants are in this port between two fires, and much
puzzled how to shape their course within a strict neutra-
lity so as, at the same time, they do not neglect neces-
sary measures for self-defence----it is obvious to common
sense that, either merchants of all nations should be
called on to pay duties, or the duty question must be put
in abeyance until the Imperial Government is again
enabled to re-establish matters on such a footing as to
entitle it to levy customs. This is only agreeable to
Article VIII. of the British and Chinese Supplementary
Treaty, as well as Article 11. of the American and
Chinese Treaty, as brought forward by the United
States American vice consul in his notification to Ame-
rican merchants of the 20th ultimo, and published in
our last issue.

It will be a difficult matter for his Excellency Woo-
keen-chang to ans wer the requisitions now placed before
him so as reasonably to satisfy the British authorities
that merchants of all nations are placed on a basis of
equality in regard to the payment of the Imperial cus-
toms. The United States commissioner has already de-
cided the question, we conaider, by ordering the above-
stated notification to be issued to American merchants,
and he is justified in the course he has pursued by the
negligence of the Chinese authorities in regard to the
Austrian barque Robert being allowed to enter, load,
.and depart, without claiming any payment of customs
fi-dim her, in October last, It may be said, indeed, that
sm.+ an incident would be a hard case against the Impe-
rial Government. Nevertheless, it is just what has led
to the small end of the wedge being inserted between the
ack.nowledgment of and refusal of liability on the part of
all foreigners to pay customs to the present Government,
whos.9 authorities have, in the instance referred to, exhi-
bited. either gross negligence or an utter inability to exert
proper influence at the port to secure the Imperial re-
venue.

Since our last issue for the mail of the 27th, which
we despa,i`ched on the 20th, per Lady Mary Wood, no
intelligence: has reached us of any advance of the in-
surgents' army towards Pekin. The batch of Gazettes
received since then up to Dec. 22, still speak of the
insurgents boing at Tuh-lew, where probably they con-
sider it most prudent to pass the winter, either awaiting
reinforcements,. or not particularly relishing the severity
of a northern winter. The opening of spring will be the
time to test the ►bravery and resources of the contending
parties ; and although we should have considered it pre-
ferable for the prestige of their arms that they had
pressed onward without delay to Pekin, it seems Chinese.
tacticians think differently, and we must, therefore,
await the more active resumption of hostilities before
we are enabled fully to judge of the probable success of
the insurgent, patriot, or popular cause against the pre-
sent Government,

Shanghai remains still in the hands of the rebels, and
the Imperialists' only chance of success seems in being
to starve them out, Various opinions are held on this
head. At present they seem to have ample supplies
within the city.

During the week an ineffectual attempt to negotiate
with the rebels in Shanghai on the part of the French
is reported to have been made. The rebel chief Lew is
firm in his resolve to maintain his ground. It is sup-
posed that reinforcements have been sent for to Canton
in order to strengthen the present chief in his command.
The greatest danger seems at present to be likely to
arise from a division of parties within the city, rather
than from anything the Imperialists can effect by force,
bribery, or treachery.
PEKIN GAZETTES.-Our contribution of the present
week is one of a former batch, detailing Ke-shen's re-
port of skirmishes near Yang-chow and Kwa-chow, on
the 4th and sth December last, wherein the Imperialists
claim to have killed above 3,000 men and to have de-
stroyed upwards of 20 junks of the insurgents. It will
be remembered that a few days after the said skirmishes
are said to have taken place, the Cassini discerned a
large reinforcement proceeding up the Grand Canal in
the direction of Kwa-chow and Yang-chow. This would
in all probability have turned the tide in favour of the
insurgents. Shing-paou also states that on the 27th of
November, above 80 of the Imperialists were drowned
by venturing too far on some ice near Tuh-lew ; they
were chiefly Tartar troops. He reports several advan-
tages gained over the rebels near Tub-law, on the 12th
of December, in conjunction with Tuh-hung-a and Tung-
keen ; he also claims to have routed the rebels and to
have destroyed 1,000 men.

For the veracity of such statements it is only neces-
sary to refer to the reports sent up to Pekin of the do-
ings about Shanghai, in order to form a proper estimate
of the above so-called victories of the Imperialists over
the insurgents.

COMMERCIAL INTELLIGENCE.
CANTON MARKET REPORT.
HONG KONG, Feb. 11.-Business has not been fully re.
auiued since the holidays ; we cannot, therefore, report
much alteration in our import market, but prospects con-
tintae favourable.
C'otton.-Brices are firm. Bombay, 5.6 taels to 6.7 taels ;
Bon gal, 5.5 taels to 6.6 taels ; Madras, 6.3 taels to 7.3 tads.
C ottou Yarn.-Quotations for high numbers a little bet-
ter. Nos. 16 to 24, $2l to $236; Nos. 28 to 32, $25 to s27i;
Nos. 38 to 42, $26 to $3O.
Sbirtings.-No transactions reported. Quoted for grays,
$1 50c. to $2 90c.; whites, $1 80c. to $2 90e.
Woollens quoted as before. Spanish stripes, assorted,
85c. to $1; long ells, $6 40c. to $6 95c.; scarlets, $6 7.5 c. to
$7 30e.
Metals.-Iron has advanced, and holders are firm. 2'ail
rod, $2 60c. to $2 75e.; bar, square, $2 sc. to $2 20c.; tied,
$2 sc. to $2 20c.; round, $2 20c. to $4 GOc.
Tin plates.-No sales.
Lead.-$6 80c. to $7.
Turkey Opium.-$370.
Tea.-Since the 21st ult, there have been considerable
transactions. Of congou, 32 chops sold at full prices.
About 17,000 packages green have been taken at previous
rates, except young hyson, which is 1 tael dearer, and little
in the market. The arrivals of congous have met the de-
mand, but greens come forward slowly. The export, as
estimated, shows an increase of 12,400,0001 b. on that of last
season at the same time.
Exchange on England.-Six months' sight bills have
been done at 4s. 11tid. to ss. Oid. On India.-Company's
accepted paper, 238 r. to 237 r. per $lOO.
Bullion.-Sycee silver, 2 taels 4 mace premium; gold,
$2l 40c. ; Carolus dollars, $l4 50c. premium.
Freights.-Tonnage scarce. Vessels loading for London
at 6/. 10s., and for Liverpool at 5/. 10s. to 5/. 15s.
From Shanghai our advices are to the 3d inst. There
were no quotations for imports, the dealers not having
been in the market since the new year.
Silk.-Nothing had been done, but it was expeoted, 011 business b
eseing resumed, prices would open at about Pro'
vious . -
Tea.-Previous to the news by the 24th of Novseembelk
mail from England about 15 chops of congou were tt
tael took place, but few purchases made.
for at Bto 9 taels • ' afterwards an advance of a-half to
Exchange on England.-0 wing
manta of green were about 323000 packages'
The total settle-,
months' sight bills 55.-9 add. dtoecslisn.t:Bd-idt:.rgeanOdrecen quoted
months' for six
om•
inpthtsao.f_cdollars
and bullion, exchange h
patty's accepted paper, 270 r. per 100 dols.
Bullion.-Sycee silver, 121 dole. to 122 dais. ; bar silver,
119 dols. ; gold, 169 dols. to 170 dols.
71.Ftore8.igthts.-No tonnage available. One vessel loading at

SHIPPING INTELLIGENCE.
ARRIVALS FROM GREAT BRITAIN.
At Hong Kong.—February Btb, her Majesty's steamer
Encounter, from England ; February 9th, the Leo, from
Newport.
At Shanghai.—January 27th, the Lockett, from Liver•
pool.

DEPARTURE TO GREAT BRITAIN.
From Hong Kong—Feb. 3d, the Henbury to London ;
Feb. Gth, the Mary Spencer, to Liverpool.
From Shanghai—Feb. 1, the Confucius, to Liverpool;
the Nemesis, to Belfast.

EGYPT.
ALEXANDRIA, MARCH 20.

The Peninsular and Oriental Company's steamers
Ripon and Himalaya, after having landed troops at
Malta, arrived here—the former on the 11th, and the
latter on the 17th inst., and the Ripon proceeds to
Malta and Southampton this day with the India mails
and passengers.
The Peninsular and Oriental Conaraoy'a steamer