The Sun.
London, England, 1849-01-20 00:00:00

CHINA.

We have received the following letter from our
correspondent at Hong-Kong, dated the 30th of
November :

" The Peninsular and Oriental Company's steamer
Pekin, with the mail of the 25th of September, arrived
at noon on the 26th instant. She was detained at Gdlle,
and had a passage of fifteen days from Singapore; she
brings on 1,800 chests of opium.
r}} eoltinv npntintiPs
_~gjthy_ and the weather of late
has been very favourable. e are appy to say is
Excellency the Governor is recovering from the accident
he met with,lthough he is still unable to walk. At Can-
ton nothing striking has occurred during the month; all
remains quiet, but the question of opening the gates on
the Ist of April next is not passed over; there uppers to
be an impression that, with the troubles at home, every-
thing will proceed by negotiation, and the question be
kept open. There has been a report that Scu, the pre-
sent Commissioner, was likely to resign ; he is an un-
popular and impracticable man.

Trade has not been very brisk during the past
month, and prices have been discouraging for most de-
scriptions of imports. Shipments of tea have been con
siderable as usual during this month, but the export is
much short of last year's at this tune, and the remaining
stock is by no means large.

" The Hon. Cornpanf.s. steamer Phlegethon remains
at Canton. The Pluto came down here to take the mail,
but we hear she-will proceed to India to refit. Her Ma-
jesty's ship Childers is to go to Bombay to repair da-
mages and take.in her armament.
Her Majesty's steamer Medea proceeds to the
southern ports attittu Shanghai to-morrow, with supplies
for the nzen-of•:war:
" The Admiral is expected from Singapore in the
Inflexible steamer.

"Her Majesty's ship Hastings is coming up in com-
pany- with her Majesty's steamer Fury.
" His Excellency John W. Davis, the American Com-
missioner, remains at Canton. We hear he intends
going to Manilla after paying a visit to Hong-Kopg.
" Our dates from Amoy are to the 27th inst.; there
had been some demand for imports and a fair business
doing. Her Majesty's ship Columbine, Commander
Hay, was spoken going into port.
"Her Majesty ship Scout remains at Foochow.
" Our latest advices from Shanghai are to the 21st,
and from Woosung to the 24th instant, per Howqua.
The prevailing sickness was disappearing, and severe
weather had set in, the thermometer being do .n to 30
degrees, hating "fallen near 40 degrees in one day.
Trade had been brisk during the month, thcugh prices
had declined for longeloths in consequence of barter ope-
ations, the natives forcing off their purchases. Teas were
a little firmer. The late purchases of silk were in course
of shipment; the market bad declined for the low quali-
ties of Tsatlee and Taysaam; the crop is still reported to
be short one-half of last year's; no fine silk to be had,
and the bulk of the shipments are of middling and in-
ferior qualities.

" The last arrivals at Shanghai from Ilong•liong are
the John Bunyan, with the August mail, the Sylph, and
the Sydney, the Kelpie and the Mischief still keeping
out. The Juliet and the James Scott had sailed fur
England. Her Majesty's ship Mariner was in port.
" We have had a continuation of severe weather on
the coast. The Dart, Harbinger (2d time), and the Sir
Edward Ryan, bound for Woosung, have put back to
this port during the month. _ _ _

" Our latest dates are—from London, Sept. 25 ; Cal-
cutta, Oct. 8; Bombay, Oct. 18; Madras, Oct. 13; Singa-
pore, the 11th inst.; Manilla, Oct. 20; and Sydney,
Oct. 14."

COMMERCIAL INTELLIGENCE
INDIA.
CALCUTTA.
(From the Englishman of December 7.). _

Thu Bombay expret7s_ with tho London mill of the

24 11 of October came in yesterday morning, bringing
the intelligence of another revolution in Austria. The

commercial advices cannot he deemed satisfactory, and
the disturbances at Vienna will doubtless retard the re-
turn of trade with the continent to a healthy state.
Our export markets hare shown a greater degree of
animation than they have for some time past experi-
enced. Four small public sales of indigo have been held,
which went off with spirit, and at better prices than had
been generally anticipated. Sugar has been in good
demand, at an advance in the superior qualities. Salt-
petre has also been in active request, at an increase in
value of 2to 4 annas, with an upward tendency. Raw
silk has been in fair inquiry. Corahs are flat. Rice has
been neglected. No transaction has taken place in saf-
flower. Jute has been freely shipped, but has neverthe-
less given way in value.
Our import market has experienced a lively de-
mand for all kinds of plain and consuming Man-
chester fabrics, which have induced extensive sales
at full rates ; stocks have been considerably re-
duced, and as imports are expected to be compara-
tively small for some months to come, we have every
reason to anticipate, when affairs have been settled on
our north-west frontier, a large and advantageous trade
with most of the interior marts. Mule twist bas also at-

tracted an increased share of attention, and large par-
cels have changed hands at full former rates, with an
upward tendency. The demand for Scotch goods has
also increased, and holders can now make sales, but
without any improvement in value. Metals continue dull.

We have little change of importance to note in our
money- market, which continues abundantly supplied for
all kinds of approved investments. Government paper
has experienced a little increase in value, our quotations
of late being 12s. to 1.4 discount on New Fives ; 4 4 to
4.8 sicca ditto; 17 to 17,8 Company's Fours ; and 18 to
18-8 sicca ditto ; Bank of Bengal shares, 1,700 to 1,725
premium. The profits of the bank during the past five
months have not yet been announced, but this is not
likely to exceed 6 per cent per annum on capital stock.
Exchange has improved in favour of remitters and first
class document bills have been placed at 1-101. Our
quotations during the period under review may be taken
at 1 10 to 1-10 i. Some second-class bills are offering
at 1-10 i. The advances of the export warehouse on the
hypothecation of goods now amount to 11,87,000 r. The
exports of bullion during the past month to Great Bri-
tain amount to 3,97,228 r. in value.

Freights, excepting for tonnage in first-class passen-
per ships, —ham:rightly given. way, but, as arrivals
during the past fortnight 'have been moderate, rates are
10-pt steady at eur quotations, uthinit are AL 15s. to 4/.
17s. 6d. for sugar, 41. 10s. to 41. 12s. 6d. for saltpetre,
and 41. 17s. 6d. to 51 for rice to London.

Indigo—The transactions since our last issue were
confined to four public sales, enumerated below, which
went off with spirit at from 10r. under to sr. above the
averages obtained for the same marks during the
past season, the difference arising from the more
or less improved quality of the new produce.
A quantity of about GOO chests is to be offered
at auction to-morrow, the tendency of which is expected
to be guided by the advices of the result of the
London October sale now at hand per express, hereby
fairly opening our market. The arrivals of this season's
indigo amount at present to 3,500 chests, and these, in
most instances, weighing in lighter than previously ex-
pected, a circumstance further confirmed with reference
to the produce on the way and at the factories, the gene-
ral estimate of the total out-turn of the crop seems now
fixed at 125,000 maunds, with more probability that it
may turn out 1,000 to 2,000 maunds less, thin any more.
Sugar—The demand has been improving, and became
within the last week very active, which, with a reduced
stock, principally held by two hands, has led prices to
an advance of 6 to' Ba., and the transactions since our
last amount to 5,800, bags Benares, superior Ist 8-3-0,
fair Ist 7-12 to 8-0, 2d 7-2 to 7-6, 3d 6-6 to 6-12, low
6-0 to 6-4; 850 bags Dumma grey 5-6 to 5-10, yellow
4.9 to 5-4; 447 bags Dullow grey 5-12 to 5-14, yellows
csss-04tiopo5r-e6;
Ist2 8.12, 2d
203 bags irhoot yellow 4-7; 2,650 begs
8.8; 2,150 bags Bally Khal, in as-
sortments of various qualities, 7-0 to 8 4; 1,250 bags
Goostry Ist 8.12, 3d, 8-0.
• Exports as above—
To Great Britain 146,783 mds.
Exports from the Ist to the sth of December—
To Great Britain 32,905 mds.
Saltpetre—VT ith an increased inquiry for home ship-
ments, general buyers have altered upon more active
operations, which enabled holders to obtain 2r. 4a. en-
hanced rates, at which the following transactions are re-
ported since our last:-1,000 bags refined, 6r. to 6r. 4a.;
2,500 bags, Gudna, sr. 10a. to 6r.; 363 bags, Tirhoot,
4r. 12a. to 6r.; 600 bags Cawnpore, 4r. 13a. to 6r.;
2.670 bags, Allygunge, sr. 12a. to 6r.; 6,900 bags,
Chuprah, 4r. sa. to sr. 9a.; the market closing with an
upward tendency and a reduced stock, principally con-
sisting of low qualities.
Rice—The neglect of this pulse prevails unabated,
and the transactions since our last were limited to 300
bags table sort new crop, superior quality, 2r. 4a.; 600
bags, last season's growth, middling much broken,
lr. Ba.; 500 bags Moonghy, lr. la. 6p. to Ir. 2e., this
latter kind.being fully lA.-lower. - ,