The Sun.
London, England, 1853-03-02 00:00:00

CHINA.

A correspondent's letter, dated Hong Kong,
January 11, is as follows :

We have little of interest to report since the de-
parture of the mail of the 28th ult. The semi-
monthly, of Bth November, we received yesterday,
via Calcutta. To-day's mail proceeds via Gabe.
The 24th November mail is daily expected.
Everything remains quiet at Canton. The re-
ports concerning the disturbances are meagre and
contradictory.
Her Majesty's steamer Hermes returned on the
6th from the Prata Shoal, whence she had been
dispatched, by Captain Massie, in search of another
reported wreck ; but the old wreck of the Char-
lotte was the only vessel on the reef.
From Amoy the last date is to the 6th inst. All
was quiet there. The emigration of labourers was
going on extensively in the neighbouring port of
Swarton, and apparently in a satisfactory manner ;
the emigrants being anxious to leave, and, coming
from a district of sugar cultivation, promise to be
very beneficial to the West Indies. Trade was
dull at Amoy, both in shirtings and cotton yarns.
From Shanghai our dates reach to the 3d inst.
There had been one or two further shooks of earth-
quake, but nothing serious. The arrival of the
25th October mail, on the 24th ult., caused an
advance of 1 tael on tea, and 5 dol. to 10 dol. on
silk.

At Canton there has been more demand for shirt-
ings, but at low rates. Other articles remain the
same. Money had become scarce. Exchange high,
and bullion lower.

We have no change to notice in the disposition
of her Majesty's ships on this station. Her Ma-
jesty's ship Spartan, Sir William Hoste, is looked
for to relieve her Majesty's ship Cleopatra.
Our latest dates are—from England, Bth Novem-
ber ; Calcutta, 19th December ; Bombay, 6th De-
cember • Singapore, 29th December ; Manilla, 21st
December • Port Philip, 27th October ; Sydney
(per ship Castle Eden), 12th November ; Shangai,
3d January.

COMMERCIAL INTELLIGENCE.
THE BOMBAY MARKETS.

FROM THE 13TH TO THE 28TH 07 JANUARY INCLUSIVE.
Cotton Piece Goode.—The market continued dull
until the arrival of a fresh supply, when holders in many
instances having shown a desire to realise, a consider-
able amount of business was done at the expense of re-
duced prices.

Grey; Shirtings.-40-inch of all descriptions with the
exception of 48 reed 54d., which is without change, is
extremely dull ; the stock is small, and prices have de-
clined from 2 to 4 arenas per piece. Shirtings of 45-
inch are also dull, and have declined from 1 to 3 minas
per piece.

Grey Madapolams.--With the exception of the lowest
qualities, which retain the value last quoted, all descrip-
tions have declined from 1 to 2 arenas per piece.
Grey jaconets have declined in value about la. per
piece ; very little business has been done.
Grey Longcloth.—The higher qualities are not in re-
quest, but a good inquiry exists for 81b. and 811 b.
Grey T Cloth. —The inquiry is fair, but prices have
declined 2a. per piece.
Grey Domestic.—A good demand exists for 40-inch,
which is likewise scarce ; other descriptions are not in
great request.

Grey shirting of 36 inches and 40 yards of all descrip-
tions are in good demand, at an advance of 2a. per piece.
The supply in the market is scarce.

Satin spots of 33 inches and 24 yards are in request,
and have risen from 2a. to 4a. per piece.
Bleached twills are in request ; bleached madapollams
are scarce and much wanted.

Bleached jaconets, of the finer descriptions, are dull
of sale, but a fair demand exists for qualities from low
to medium.

, Turkey Red.—Plain, twill, and mule are all in re-
quest.

Fancy Goods.—Dhoties, lappet scarfs, fine Swiss lap-
pets, dyed mulls, and zebra dresses, are in moderate in-
quiry ; while bleached mulls, low lappets, and .book
muslins are dull.

Cotton Yarn.—To within the last week the market
was dull, and scarcely any business done ; but since
then, in consequence of holders having submitted to a
slight reduction in price, business has become brisk.
Dyed Turkey red is in request, while orange is rather
dull.

Metals.—English bar iron and round nailrod are in
good demand, but without improvement in value ; while
sheet, hoops, and square nailrod are readily saleable at
improved rates. Swedish bar iron has slightly declined
in price, and is dull of sale. Swedish steel is in request,
and has risen in value. Faggots are without any change
worthy of note. Lead, both pig and sheet, meet with
ready sale at the rates quoted in our last report. Spelter
is in fair request, at slightly enhanced value. Tin
plates are rather dull, and have slightly declined in
value. Copper dull of sale. South American is without
change. Sheathing has slightly declined, and Bazier's
bottoms, and tiles are in moderate inquiry, at slightly
improved rates. Nails and rods are without alteration.
Red lead is dull, and prices have further receded.
White lead is in demand at Hrs. per cwt.
Quicksilver in demand at enhanced rates.

Cochineal is difficult of sale,;;;di;iC;;l;ve receded to
lirs. to lr. 14ans. The stock in the market is consider-
able.

Saffron
e wherry to 61ra. to 62rs.
has further declined, and is difficult of sale.
Khandeish at 311 Ir
T 11* PPer'—nhutcol has
Woollens.—T declined to 65rs. to 66r5., and
Linseed is ' good request. Sholapore at 3rs., and
sh.e9manasr.ket for these is very dull.
bleached. Twine inCanvas dull of Kale, both brown and
Marine Stores.—
uarimand. Cordage dull. Paints
Coalwithout
tarc h
iasn
scarce,ge.
readily saleable at 20rs. per bar-
rel.in wood and bottle in demand. The
Pitch, srs.
Spirits.—Brandy
.til.g in this market,
same remark applies to gin.
Cotton-wool.—Little has been d
new <<
in small
cietro arrive"
,_ ?r4sr s . ;
and for old prices have somewhat declined,
crop only Oomrawutty is anivino.:Zedd• Of the new
quantities, considerable purchases. or
are daily being made, the rates are--for Dhellera,
for Surat, 96rs. to 98rs. ; and for Ootnrawutty:
95rs. 4 • to
Opium.—Although discouraging accounts have been
received from China, the market continues firm, and
prices have slightly risen.
Tonnage.—ln consequence of several recent arrivals,
freights have declined for Liverpool to 41., and for
London to 41. For China engagements have been made

with clippers at 25ir. ; for ordinary vessels the rate is
23r. to 25r.

Exchange.— ShortTy after the- departure of tfie last
mail the rates for China-drawn first class bills opened at
2s. lid. and gradually declined to 2s. lid., but in con-
sequence of advices since received it has begun to rally.
The rates on England now are, for credit bills, 2s. lid.,
and for document 2s. lid. to 2s. 14d. On China, 218 rs.
per 100 dollars, and on Calcutta 98irs. at 60 days'
sight.

CALCUTTA, JAN. 19.
(From the Bengal Hurkaru.)

The Government overland Bombay express, bringing
London news to the Bth of December, arrived early on
the morning of the 13th inst.
There has been very little change in our export market
during the fortnight under notice. The shipments of
indigo to all parts from the Ist inst. are 3,490 chests,
chiefly to France. Sugar transactions remain on a
moderate scale. Raw silk has been sent forward
during the first half of the month to a full average ex-
tent ; and silk piece goods, especially torahs, continue to
attract considerable attention. Transactions in salt-
petre are moderate to all parts. Rice has been exten-
sively shipped to Great Britain. Business done in lac-
dyes has been on rather a slender scale, as compared
with the large transactions in this article of late. Shellac,
however, has been in good request. Hides, for all
quarters, have been in good demand. Oil seeds remain
in active request, notwithstanding present high prices.
Castor oil and jute appear to be both attracting more
attention of late. Nothing doing in cutch. Raw cotton
continues to go firward to Great Britain more freely
than to China. Rum is being freely shipped to Sydney,
while there is nothing doing in the article for Great
Britain.

By the Lady Mary Wood steamer, which arrived off
Garden Reach about noon on the 9th inst., we are in
possession of China dates from Canton down to the 22d
of December. The opium market had fluctuated a good
deal, but on the above date the following were the rates
quoted :

Patna ... $4734 per chest.
Malwa ... 475 per chest.
Benares 495 per chest.
Turkey ... ... 330 per chest.
The raw cotton market, especially for good sorts, re-
mained firm. Exchange on India, 230 rs. per $lOO.
The first sale of the season 1851-52 took place on the
10th inst. when the following was the result

Chests. Highest. Lowest. Average. Proceeds.
Patna 2,205 1,000 965 979 5 3 21,59,420
Benares

This shows a considerable falling off in prices. A
large portion of the above has been dispatched at once
by the Peninsular and Oriental Company's steamer Bom-
bay, which left yesterday. Stock in the go down after
the sale—Patna, 2,580 ; Benares, 1,120 cheste.

MONEY MARKET.—The money market here continues
in an easy course, ample supplies at moderate rates beim.,
now, as for some time past, its chief characteristics. The"
share maket continues as follows :

Bank of Bengal Shares, Co.'s Rs 6,000 to 6,050 each.

Agra Bank - - - ditto 609 do.
India General Steam ditto 500 do.
Bengal Coal Company ditto 600 do.
Bonded Warehouse ditto 260 to 275 do.
Quotations of Government Securities are :
Transfer Five per Cent Rs. 9 0 0 to 9 2 0 pm.
Now Fives 8 0 0 to 8 2 0 do.

Old Sicca Fives 5 0 0 to 5 2 0 do.
Co.'s Rs. Four per Cents 5 4 0 to 5 6 0 dis.
In our import market there is not much change, but,
unfortunately, that little change is on the wrong side,
for prices are certainly lower for several descriptions of
goods than they were a short time since. The sales of
the period under notice are decidedly moderate, consi-
dering supplies, stocks, and moderate prices. The up-
country buyers still keep aloof, and there is therefore no
outlet for goods in large quantity, and consequently no
means of sensibly reducing stocks so as to raise prices
at all corresponding to home rates. There is something,
but not very much, doing in lappets and mulls, while
books are wretchedly dull, and the sales reported quite
insignificant. Turkey red goods, twilled and plain, are
saleable to a fair extent. Printed goods are dull at pre-
sent, and likely to continue so for some time to come.
Mule twist has only sold to a small extent of late,
prices are tolerably firm, but not higher than they were.
Turkey red yarns are saleable at former rates. Orange
moves out with rather less freedom. Green continues
in good demand.

The metal market has been extremely flat, only a few
sales of copper and iron being reported.
Exchange.—Not much alteration in the rates. The
following are the quotations of the day :-Ist class cre-
dits, 2s ON to 2s ld per rupee ; ditto documents, 2s id
to 2s 11d ditto.

Freights.--Quotations of the day are to London—
Sugar 3/. 10s, saltpetre 3/. ss, rice 41. to 4/. 2s 6d, jute
and cotton 31. ss, hides 3/. 108 to-3/.12s 6d, oilseeds
41. 2s 6d to 41. 4s, shellac 3/. 15s to 41., lac-dye 4/. 10s.
To Mauritius.—Company's rupees 1/. 14s per bag, pay-
able there at 50 cents.

Indigo.—During the fortnight several public sales
have taken place. There is no alteration in the market ;
low and good consuming qualities of indigo can be bought
at from October rates to 2d and 3d above, while any-
thing really good or fine realised from fid to 10d advance
on October prices.