The Sun.
London, England, 1849-07-24 00:00:00

CHINA.

Our intelligence from China is.to May 25. The follow-
ing is our correspondent's letter:—

, MAY 25.
"The Peninsular and "
OrHONG-KONG iental Company's steamer
Malta, reached this on the 17th inst., bringing advices
England to the 24th of March.
" At Canton all is quiet, the excitement has in a great
measure subsided, and the Garde Mobile have been dis-
banded. It has been ascertained that the Chinese
brokers have 'consented to pay a certain small sum upon
all goods bought from foreigners towards a general fund
denominated the " Consoo Fund," for the purpose of de-
fraying the expenses of the Garde Mobile, and to meet
similar outlays on future occasions. " The Consoo
Fund" existed in the company's time, and the present is
an attempt to revive it. The establishment of this fund
and of the guilds alluded to before, is considered directly
opposed to the spirit and letter of the existing treaties,
and indicates a return on the part of the Chinese to the
old system.
"Pirates still abound in our waters. The Inflexible
steamer brought in some days ago three large well-
armed piratical boats, which they secured after a despe-
rate resistance. The greater part of the pirates managed
to get on shore and to escape. Several were taken, but
there has only been sufficient evidence to convict nine.
Their trial will take place beibre the Admiralty Court
to-morrow. Several European portmanteaus were found
on board of the boats, among them one belonging to the
Spanish mail agent who was attacked a short time ago
and lost his life. A small cutter in the Canton river was
attacked since our last, and three of the crew were mur-
dered. A large piratical boat has been brought to
Ningpo by her Majesty's brig pilot,_ and handed over to
the Chinese authorities there.
" The Governor of Macao is at serious issue with the
Chinese authorities.

"The Californian excitement still continues, and large
shipments are going forward to that quarter.
"The United States ship Preble, Captain Glynn, has
returned from Japan with some shipwrecked sailors.
" Rear-Admiral Sir Francis Collier returned from
Shanghae on the 20th inst. in her Majesty's steamer
Fury. He leaves to-morrow-in the. Fury for Singapore,
to join her Majesty's ship Hastings. •
" Her Majesty's steamerC nflexible left to-day for
Bombay direct, and proceeds thence to England. Her
Majesty's steamer Medea will leave shortly for the
different ports on the coast.
" Her Majesty's ship Meander, Captain the Hon. H.
Keppel, remains in harbour, but expects to be relieved
shortly by her Majesty's ship Amazon.
" The Phlegethon steamer is stationed off the factories
at'Cunton. Her Majesty's brig Columbine is at Wham-
poa, the Mariner, at Shanghae; Arab, at Ningpo; Pilot,
at Amoy.

" Oui latest dates are, from London, March 24; Cal-
cutta, April 21 (per the Red Rover, arrived to day),
from Madras, April 12; from Bombay, April 18; from
Singapore, Bth inst.; from Manilla, 15th inst.; and from
Sydney, March 20.

HONG-KONG, MAY 25.

CANTON MARKET.

Trade continues without improvement. The trans-
actions during the month have been very limited, owing
in a great measure, no doubt, to the uneasiness still
felt respecting the city question.
Money is abundant.
Cotton-14,000 bales have been disposed of. Prices
without change ; viz., Bombay t's, 5.8 to 6.6; Bengal
t's, 6.8 to 7.6 ; Madras t's, 6.8 to 7.4. Stock, 64,500
bales against 59,200 bales last year.
Cotton Yarn-400 bales have been sold at a slight ad-
vance. We quote Nos. 16-24, 22f dolls. to 24 dolls. ;
Nos. 38-42, 26k dolls. to 274 dolls. ; Nos. 28.32, 25*
dolls. to 26 dolls. Stock-5,100 whole, and 1,200 half
bales, against 3,200 whole, and 2,300 half bales last
year.
Longcloths —14,000 pieces have changed hands. The
stock is small ; holders are firm, and some improvement
in prices may be looked for. We now quote greys
2 dolls. 20c. to 2 dolls. 70c. ; whites, 2 dolls. 35e. to
3 dolls.

Woollens—Sp. stripes, 90c. to 1 doll. 10c. ; long
ells, assorted, 7 dolls. 70c. to 8 dolls.; sbarlot. 9 dolls.
Camlets—English, 19 dolls. to 21i dolls. ; Dutch, 20
dolls. to 22/ dolls.
Iron—Nailrod, 3 dolls. 50c. to 4 dolls. 25c. ; bar, 2
dolls. 50c. to 3 dolls ; hoop, 4 dolls. 800. to 5 dolls.
Steel-5 dolls. 50c. to 6 dolls. 10c.

Lead-6 dolls. 80c. to 7 dolls.
Tin Plates-11 dolls. 50 cents.
410 C odcohllisn.eal, 140 dolls. to 160 dolls.; Turkey opium,
Tea—The stock of old is nearly cleared. The new
crop may be looked for in about a month.

Black. EGreen. Total.
The Exports from Canton from
the Ist of July to date is— lb. 28,116,270 6,338,870 34,455,140
From Shanghae ditto to 12th of
May • ' • • • • • • 10,336,996 )1,973,928 12,310,224

Total ..
.. 38,452,566 8,312,798 46,765,364

1847-1848 • • 39,993,319 6,397,755 46,391,074
The export of silk is as follows, viz.:— bales.
From Canton, from Ist July to date ... 1,060
From Shanghae, from Ist July to 12th May 17,300

Total 18,360
against 22,800 bales during the same period last season.
Exchange on England-4s. id. for first class paper;
the Oriental Bank has been drawing for small amounts
at 4s. Some American credits have been negotiated at
4s. hi. Considerable shipments of Sycee silver are
.
going forward to London by the overland route and vat
the Cape.
Freights W. 35. The Coromandel is the only vessel
loading for London.
From Shanghae we have advices to the 15th instant,
reporting some depression in the import market. Long
cloths were less inquired after and had experienced a
decline of sc. to 10e.; grays were quoted 2.3 U dolls. to
2.60 dolls.; whites, 2.60 dolls, to 2.75 dolls. Spanish
stripes, 1 doll. Long ells, assorted, 7 dolls. 600; 9 dolls.
Silk—The stock of old was reduced to about 500 bales,
and little doing; prices without change. The first of
the new crop was expected to reach Shanghae about the
middle of June.

Tea—The transactions have been confined to the pur-
chase of a few chops of low congous for England.
Exchange on England-4s. 4id. for American credits.
Freights-31. 10i. to 4/. The Charles Jones loading
for London.