The Sun.
London, England, 1847-04-23 00:00:00

rta,
avHi K APRIL 23 1847.

yorol their immediate wants. The business done since
the 21 inst. has consequently been to a limited extent.
only. 'The advance noticed on-grey-goods in our-last
has not been sustained excepting the DoMestics, which
maintain their previous value. Turkey red goods are
rather dull of sale. In fancy goods there are no changes..
-Ile following are the particulars of sales that have come
to our knowledge since
.the 2d inst.:—

R.A.P.
1,550 pieces Grey Long Cloth, 40 inches, 38 yards 6 2 0
1,500 „ Maddapolams 31 24 ... 113 6
250 „ Sheetings 34 ' 36 ... 515 0
500
Pf „ •• „ ... 5 12 0
8,700 „Mulls 33 24 ... 2 3 0
500
•• „ ... 2 1 6
750 Bleached Jacconets ... ...
••
2 10 0
300
•• . •• 212 0
t,OOO „ Shirting ...••
..
... ••• ••• 5 lO 0
1.200 ~ Lappets ••• ... 10 ... 1 8 0
800
If ff „ •• • 1 10 0
800
ft If „ .. • 1 11 0
1,300
„ „ „ ... 2 11 0
1,300
~ •• •• ... 2 10 0
800 . Book •
Mulls 10 .. 1 2 6
„ 500 „ Mulls 20 ... 110 0
400 ..
f f IP It ••• 1 9 0
400
ft . ~ f• ••• 113 0
300 tf ft ~ •• • 111 0
400 •• •• . 50 12 ... 3 0 6
300 •• 19 „ y, •• •211 -0
500 •• If ft f t ••• 2 7 6
200 „ •• ... 2 14 0
*3 ~100 „ Grey Madda. 33 24 ... 23 0
2,100 ff tf 111 ti . ..• 2 4 0
800 , „ 92 32 24 ... 2 8 0
. 400 If ff PP „ ... 2 7 0
800 „ ... 212 0
400 19 PP PP
tt 19 PP
•• ••• 3 1 0
1,200 •• 91 „ „ ... 2 6 0
1,000 PP Pt 36 24 ... 210 0
2,100 „ Jacconets 40 20 ... 1 7 0
2,100 „ PP „ „ •••• 113 0
100 „ Sheetings 27 36 ... 310 0
100 • a ~ 25 37 ... 312 0
200 19 PP 28 58 ... 5 7 0
200 „ 'I 40 36 ... 510 0
200 It •I 36 70 ... 11 10 0
400 Bld. Jacconets 42 20 ... 5 4 0
400 99 2, ft •• ... 6 0 0
500 e a -,, ~. 50 0
1,000 ' Grey Shirting „ ~ ... 47 0
500 tt 99' ~ „ ... 6 2 0
1,200 •• „ 1-1 • „ ..• 4 6 0
600 - - s.
500 Bld". • 36 38 • ... 5 4 0
1,500 Grey Long 7.3.10 th „ •• ... 47 0
500 , Madda. •• 24 .. 3 0 0
300 Bld'. Checks 40 12 ... 2 4 0
200 Bld. Gauze Stripe „ e .:. 3 10 0
200 ft 11 9l It ••• 2 0 0
300 Pt ft ft 9 ... 1 9 0
300 „ 3lulls 40 20 ... 210 0
500 •• •• „ „ ... 2 0 0
200 „ Coloured Satin Spots ... 2 0 0
100 „ Cambrics 12 ... 1 6 0
L.BOO „ Allover Lappets 10 ... 1 2 3
2,000 Grey Madda. 33 24 ... 2 0 3
300 Bld. Lappets 10 ... 210 0
200 Grey Sheeting 49 50 ... 810 0
1,000 •• Shirting 49 38 ... 510 0
500 „ Madda. 33 24 ... 2 5 0
300 Bld. Book Mus. 45 12 .. 210 0
1,000 Grey Madda. 33 24 ...
3,200 pairs Bld. Scarfs 42 2i ... 0 9 0
1,200 „ Stripes 40 12 2 4 at 0 3 10
41 pairs „ Dhoties 45 5 ... 2 4 0
300 ~ Checked Dorias 40 12 ... 1 14 6
300 „ Book Muslin 40 10 ... 1 5 0
1,000 pieces Grey Domestic 40 48 ... 912 0
500 „ 32 48 ... 9 2 0
Cotton Yarn—There is a very good inquiry for the
best quality. Mules of No. 20, us also in water of 20
and 30, are readily saleable; other counts continue nearly
in the same state as before reported, and those that are
packed in 20016. bales are readily saleable at our quota-
tions. A larger amount of business has been done than
what we reported in our last fur the Later halt of the
last month.
llyed—A very good demand has sprung up, and from
the following list of sales it will be observed that as
much as 12 annas per lb. have been obtained for No. 40
in bundles of 711 b.
Turkey Red—The inquiry is only confined to best
quality. We quote as before lr. and 7a. to Ir. and 12a.
per lb. The sales of Mule, water and orange, that have
come to our knowledge since the second instant, are the
following:-
800 bales mule, No. 20, at 61; 30s at 71; 40s at 8 and
81; 50s at 91 and 91; 60s at 10 annas per lb.
30 bales water 20s at 74 ; 8 bales water 36s at 9i
annas per lb.
Orange-5,0001b. No. 40, at 12 annas ; 6,0001 b. 30s,
40s, and 50s at 9i ; 641 b. bundle, and 42 bales, 40s, at
91 or 9i per lb., 6ilb. bundle.
Metals—English iron continues in demand, but no
further improvement has taken place in prices.
A sale of 450 candies, of a common assortment, has
been reported at 33 rupees.
Swedish bars—On the departure of the last mail a
isle of 200 candies of unsuitable assortment wai effected
at 48k rupees, and since two sales of very good assort-
ment, chiefly consisting of square bars, have been
effected, one of 150 candies at 52 rup.Ts, the other of
300 candies at 50 rupees per candy. In other irons, 110
alteration worthy of notice, excepting in sheets and
hoops, on which a decline of one quarter to one-half
rupee has taken place.
Copper continues in demand. The stock in the first
hand is none, and that of the bazaars is very moderate.
We therefore expect our present quotations will be
maintained for some time to come.
Spelter—A speculative inquiry is going on from the
European houses, in consequence of its having risen con-
siderably in England, and therefore 121 to 12:1. rupees
are asked by the bazaar dealers, for a small quantity they
hold of their former purchases.
The following are the sales of metals that have boen
made since the 2d instant:-
450 Candies of English bar iron at 33 rupees.
150 do. Swedish do. „52 „
200 do. do. . do. „ 481 „
300 do. do. do. „50 „
300 Cwt. Swedish steel in tubs ~ 81 ~
' 700 do. do. do do. „ 8i ~
400 do. hoop iron at 7.
125 Candies square nail rod at 46.
180 Cwt. braziers' copper at 61.
150 do. sheathing copper at 58+.
20 do. copper sheathing nails at 564.
Cochineal continues scarce, and only a small quantity
has been imported, of which 1,5001 b. have been sold at 4
rupees and 12 annas per lb.
Saffron—We have heard of no sales. We quote at 8
rupees to 18 per lb.
Beer—The celebrated brewers, Allsops, have become
in high favour, and we have heard of sales to the extent
of 300 hogsheads being made at 75r. per hogshead of
the last October brew, which are expected to arrive here
in the month of April next. In Bass we have heard of
sales to the extent of 150 hogsheads at 45r. of the old
brew. Of last October brew with their brand we have
heard of no sales.
Spirits—We have heard of the following sales:-
41 hogsheads brandy at 3r. per gallon.
10 do. brown and pale, at 3r. 2is.
45 do. gin, coloured, at lr. Ba.
Cotton—Prices on new have advanced a little, owing
to the demand for the China market.
90r. have been paid for new Oomrawooty, and 100
and 102 are asked for Broach and Jumbooser ; the
former are arriving in large quantities, and the atter
will begin to arrive here at the end of the present or
beginning of next month. New Dhollerah has also been
imported, but as yet in small quantities.
Of the old crop there is a large stock on the green,
and a decline has taken place, and a further decline is
anticipated. The following are the purchases made
since the 2.1 inst., for both English and China markets.
400 Candies new Oomraweoty ... at 88
1,400 do. do. ... „ 90
400 do. do. ••• •• 89f
500 Bat's new Dhollerah - 871
1,500 do. do. ... „ 88
500 do. do. ... „ 871- to 88
100 Candies old Compta ••• „ 73
75 do. do. ••• •• 71
1,000 Bales Dhollerah, old ... „ 72 to 73
Opium—Malwa, has not varied much. In few in-
stances a trifling advance was paid for an approved
parcel. We quote I,llor. to 1,120 r. per chest.
Freight—Has not much altered. Since our last, three
vessels have engaged their cargo both for London and
Liverpool, at 6/. 155., and within the last few days ton
nage has become again scarce, and 61. 17s. 6d. has been
paid for the latter port.
To China it has receded, owing to many large country
vessels being put on the berth, and we have heard of an
engagement done at 22r. per candy, which are our quo-
tations of the day.

- EXCHANGE.
It has risen, and purchases for the mails have been
effected at 2s. Old. for bills from China, and at 2s. Old.
to 2s. Old. for local ones at six months' sight. On Cal-
cutta thirty days' sight, 99r. 6a.
Bank Stock—Shares in the Bank of Bombay, 35 per
cent. premium. -
Do. Oriental Bank, 201 to 21 premium.
Do. Commercial 4 to 4i premium.
MARCH 15, Two o'CLocK. s
Since morning a great demand has arisen for bills on
England, and the rate has fallen to 2s. Old. and 2s. Old.,
at which several transactions have been effected.
This demand is attributed to the reduction to Is. 10d.,
which took place in the bills of the Hon. Company
on India, of which a large quantity has come by the
mail of Saturday last.
The rate for Government bills on Bengal has also re-
ceded, and is now not higher than 981 for sixty days'
sight.

CALCUTTA.
(From the Calcutta Overland Paice Current.)
March B—The Government express of the mail, via
Bombay, came to hand on the 23d ult , and put us in pos-
session of London dates to January 7 ; as, however,
business had only recommenced a day or two previous to
the dispatch of the mail, the commercial intelligence was
not of much importance, except as confirming that
brought by the Bentinck. In this market we have but
little change to notice, but if anything there has been
rather more doing in produce, and even less in imports.
the former being induced by the continuance of their
advances by Government at the rate of 23. per rupee,
and the comparative low prices which the large stocks
pt, and the latter b
have compelled holders to accey
the

continued scarcity of money, the almost entire cessation
of purchases throughout the past week in consequence of
the Hindoo festival of the Dole Jattra, and also in a
great measure by the accounts received of the high
prices ruling at home, inducing holders here in most
instances to refrain from offering their goods at the
rates now obtainable.
Oar exchange on England has continued to advance
very gradually, 2s. 1-id. to 2s. 11d. being about the rats
current for good 10 months' date paper, notwithstanding
the rumours which have lately been current as to Go-
vernment being about to raise their rate, if not to close
the warehouse altogether; the former has, however,
now been so long delayed, that it does not appear likely
that any change will be made until the entire amount ,:f
8,000,000 Company's rupees advertised fur Las been
drawn out, which, however, it most probably will be be-
' fore our next issue, about 3,000,000 havliK been taken
within the past 20 days, and the total amount advanced
here being already between 5,000,000 and 5,500,000, ex •
elusive of Madras and Bombay.
Previous to the receipt of the mail on the 23,1 ul'.,
freights had rather a downward tendency, but the brb.k
demand subsequently experienced for tonnage to Great
Britain has again caused a steady advance, 6/. 15s. to
71. 15s. being the rates now current for dead weight.
We have but little change to report in the position of
our money market, which continues tight, with no im-
mediate prospect of relaxation, and Government securi-
ties and Bank Stock have in consequence declined in
value very materially, there being but little dispositb n
manifested to invest in them even at the comparatively
low rates•now current.

Indigo—Since we last had this pleasure, business has
been interrupted by a succession of holidays, in conse-
quence of which only three public sales were held from
the I"th to the end of February, and one large one
since; at which, however, every chest found purchasers
at former rates.

The season is now speedily coming to a close, the
greater portion of the indigo remaining, being out of
the market, having been either sold some time since, or
being about to be shipped on planters' account; of the
fcrmer about 2,000 chests purchased at the sales held in
the bonded warehouse will most probably go forward in
the course of the week; and the portion which remains
to be disposed of will also, we think, soon find purchasers,
parties being anxious to take advantage of the favourable
rate at which they can now get their advances from Go-
vernment. .-
The following statement shows the number of chests
which have actually gone forward this season (from Ist
of November, 1846, to 7th of March, 1847), that is to
say, the quantity on board vessels which have actually
cleared out for the various ports up to this date, and ex-
clusive of that laden on vessels which have not as yet
applied for clearance:—

London Chests.
... ]0,847
Liverpool . •
..• 513
Hamburgh 86
Havre
Bordeaux „•3,837
Boston ••• ..• • 1,056
••• ••• •• ••• .598
Red Sea, Bombay, and Gulf ... 372
but, taking into consideration the paucity of
orders
from foreign parts, we should be disposed to think
that at the close of the season exports will stand as
follow, viz.:—
To England
„ the Continent
„ North America
Up to date they are as follows, viz.:—
Chests. Fy. Mds.
To Great Britain
„ France

„ North America 572 ... 1,905
„ Red Sea, Bombay, and Gulfs 1,167 ... 4,052

Total .

21,918 ... 82.229

Sugar—As anticipated in our last, the native mer-
chants bare continued to force their goods on the market,
and the advices by the past mail having again been
somewhat encouraging a large business has been done
in Benares and Date sorts, the former being taken in at
from 6r. forDomma, 7r. to Br. for middling to good and
second and third quality, and 9r. for fine; with Gur-
patty Date at Br. to Br. 4a. per maund. Stocks have of
course been considerably reduced, but still appear amply
sufficient to meet the probable demand until the new
crop commences to arrive. iihatir and all low sugars
continue to be taken for local refinement at compara-
tively high prices, Exports to Great Britain from the
Ist instant up to date amount to 7,075 inaunth.
Saltpetre—Notwithstanding the excessive rates now
demanded for tonnage a moderate business has been
done in this staple for the English market, and the de-
mand being almost exclusively for fine qualities, which
are comparatively scarce, these have maintained their
present value; of low and middling Chuprah, however,
the stock is extremely heavy, and th,ro being scarcely
anything doing for America at present prices are still
looking down.

Exports from the Ist inst. up to date have ben as
follow, viz
To Great Britain...
France 903 „
North America
Rice—The paucity of tonnage continues the only ap-
parent restriction on operations in this staple for the
English markets, which have nevertheless been rather
extensive, as will be seen by our exports; it is reported
that several parties have been purchasing largely with
the intention of holding until it can be sent forward at
more moderate rates, but this scarcely seems probable,
the immense supply at market, and in the interior, ren-
dering it impossible to calculate on any dicided advance
being established for some time to come; our present
quotations will be found much the same as on the 18th;
ranging from lr. 12a. to lr. 14a. for discoloured and
mixed, to 2r. to 2r. 2a. for middling to good table, and
2r. 4s. to 2r. 61. for very superior. For Mauritius a
large business has hitherto been doing, but it seem.: pro-
bable that this will shortly be checked by vessels being
taken from that trade to send home.

Exports from the Ist instant up to date have been as
"ollow, riz.:—
To Great Britain ...
France
Mauritius
Bourbon

... 31,846 maunda

... 9,440 „
... 3,000 „

Raw Silk—The somewhat improved inquiry for this
staple, 113 noticed in our last, has continued, more espe-
cially for Cossimbazar, Hurrypaul, and Radnagore, of
the November bund; and the supply of these descrip-
tions being. moderate, previous rates have been main-
tained. The holders of Baulsah, finding it almost
impossible to get an offer for the English market, were
compelled to accept 6r. to 6r. Ba. per bazaar seer, at which
rates almost the whole has been taken for Bombay and
the Gulfs. Exports from Ist instant up to date have
been as follow, viz.:—
To Great Britain
France _
North America ... 0
Silk Piece Goods—Really fine torahs have been in
good demand at full prices, say 125 r. to 130 r. per corge,
but of these the supply has been very moderate, whilst
of low and middling goods, which are in limited inquiry,
and obtainable at comparatively low rates, the stock is
heavy. Choppas and bandannas of good quality are sel-
dom obtainable in this market, and our quotations are
therefore in a measure nominal. Exports from Ist inst.
up to date have been as follow, viz.:—
__ _

... 326 maunds

G. Britain. France. N. America.
Choppas and Bandannas 1,424 0 0 pees.
Shell Lac and Lac Dye—We have not the slightest
alteration to notice in the position of these articles, which
are still entirely neglected for shipment, and on which
stocks continue to accumulate.

Exports from Ist inst. up to date have been as follow,
viz. :--- _ __

Shall Lac. Lac Dye.
To Great Britain ... 0 mds. ... 344 mds.
France 243 „ 0 ~
North America ... 0 0 ,►
Oil Seeds—There has been but little doing in these
seeds lately, operations for the European markets being
impracticable in the present scarcity of tonnage, and the
demand for America having of late been moderate ; in
prices we have no material alteration to notice, good
cleaned linseed being still worth about 2r., and mustard
seed Ir. 14a. per maund.
Exports from the Ist instant up to date have been as
follow, viz.:—

Linseed. Mustard seed.
To Great Britain ... 2,309 mds. 0 mds.
France ... 0 „ 0 „
North America 0 „ 0 „
Jute—lt is at present almost impossible to obtain ship-
ping orders for this staple, but a moderate demand has
nevertheless been experienced, and sales have been
effected at previous rates.
Exports from Ist inst. up to date have been as follow,
viz.:—

To Great Britain ... 7,656 mds.
France ... ••• ••• 0
North America ... o,'
Hides—Up to the middle of the last month the market
continued quiet, but there has subsequently been a fair
amount of business done for the English and Continental
markets at a further reduction in prices ; the Americans
have taken off a few parcels of buffao and medium
quality of cow, but have not come forward at all freely,
Stocks contiune heavy and on the increase, more
especially of buffalo, but in fact of all but really good
cow.

Exports from the Ist inst. up to date have been as
follow, viz.:—
To Great Britain
Francs •••
North America 0 „
Opium.—The fourth sale of the season was held on
then
22ltd ult., and went off quietly, with the following
res:—

... 31,110 mds.

Chests. Highest. Lowest. Average. Proceeds.
Patna, 1,690 1,200 1,185 1,193 20,10,700
Benares, 715 1,180 1,160 1,171 8,37,575
Subsequently there has been but little doing, but prices
have nevertheless had rather an upward tenency, yes•
terday's quotations being 1,210 rupees per chest for
Patna, and 1,180 rupees for Benares.
IMPORTS FROM EUROPE.
BRITISH COTTON PIECE GOODS.
The advices of the great advanceitnbathdeLaltu,ffeeotf
the raw material at home have not as ye
of enabling importers to establiab any material advance

in the price, of manufactures here, hub have neverthe-
less induced them, generally speaking, to. ...show increased
fi-mness for all descriptions, there being every reason
to anticipate some improvement as the stocks in
the hands of dealers be.lorne reduced, it being evident
that shipments from home must fall off. Some few par-
ties appear disposed to realise at a slight advancs on the
rates previously current, being anxious to take advan-
tage 01 the present high ruling of excharge, but cannot at
present find purchasers even at this, except to averylimited
extent; the reported sales of almost all descriptions of
month,pco
lrotst and
hi
nsp
arEincedebsruaar February
ati
i Skirtingsa have
e present
been... i nsas7a
fabrics under this head show a falling off of nearly
50 per cent, as compared with those of the previous
ominal.
Lolnmg3m follow, e a
s.tvei 2332.
Grey (in) packages. White (121) packages.
Midapollatns
Cambrics 59
•" 14
Jacconets
Lappets ••• ... 592 ... 245
•" ••• ••.
Lenoes 346 ...
Book Mullinso
• •" ••• M 163 Mulls and Mediums ••• 0
• •••
Muslins 126 ••• 0
27 0
Checks, Sp )tr, and Stripes 178 •••
Scharfs and Cbudders ••• 53 •••
• ..
Dhooties
•••
Twills ... ••• 0
••• ••• 143 0
I;as ••• ••• ••• 0 17
Coloured and Printed Goods and Woollens.These
goods have fully ptrticipated in the general inactivity,
the sales of all de,eriptlons having been extremely
limited, and with the exception of Turkey lied Cloth,
hick has been in fair demand, previous rates have
scarcely b en obtainable.
Imports in et tsars were as follow, viz.:—
Coloured and printed goods ... 494 cases.
Woollens ... ••• ••• 67 bales.
Mule Twist—About the beginning of the past month,
on receipt of the adviccs of the great advance in the
Home market, a speculative demand sprang up, and
large quantities changed hands at an advance of 2 to 4
pie per morals ; this, however, did not last, and dealers
not being disposed to operate on the same terms, and
holders being firm, the reported sales show a correspon-
ding falling off with those of piece goods.
Imports in February were 2,854 bales, or 1,396,7001b5.
Coloured Yarn—The business done has been moderate,
and at about previous quotations, except for British dye,
which may be quoted slightly lower.
Imports in February were as follow, viz.:—
Red ..• ... 233 bls. or 89,8601b5.
Green ..• ... 22 bls. or 6,6001b5.
Metals—During the latter part of last month there
was a moderate business doing in metals at about the
previous currency, but even then the demand was far
from brisk, whilst throughout the past week we have
scarcely heard of a single sale ; the native holidays of
the 2d, 3d, and 4th, combined with the tightness in the
money market, having kept dealers out of the market.
Holders, however, show no symptoms of submitting to
any reduction in their demands, and, in fact, iron is in
most instances held for an advance, but for the present
prices of all are in *measure auninaL • •
Imports in February were as follow, viz.:—
Copper—Tile and Ingot ... ... 681 mds.
„ Cake ... 817 „
ss Nails
Sheet ...1,150 „
Old ... 297 ~
IP Japan 1,909 „
19 Slab 1,618 „
Iron—Bar 2,755 „
PP Pig ..• ..• •.• 544 „
It Nails ... 21 „
„ Spelter ...1,361 „
Beer--A few hogsheads are occasionally disposed of
at our quotations, but we have not heard of any large
transactions lately.
Imports in February were as follow, viz.:—Bass's, 70
hogsheads; Freeman's, 25 hogsheads.

MONEY MARKET.
We have very little change to notice in the position of
our money market since the 18th ult., but if anything
the tightness then noticed has increased, and as this
has been the case in the face of the unusually heavy
advances made by Government within the past month,
the prospect for the future appears far from encou-
raging. Government Securities have fluctuated in
va'ue very considerably; up to the end of the last month
ho!ders were firm at the rate quoted in vur last, but
have since been giving way, and realising at our quota-
tiors, whilst even these are obtained with difficulty, and
e have heard of operations on less favourable terms to
the seller. In Bank Stock also but few transactions
have transpired, there being at present but little dis-
position manifested to invest.
CURRENT VALUE Or GONERNMENT SECURITIES, BANE
Rs. a. Rs. a.
Transfer Five per Cent 8 oto 10 0 premium.
Second do., according to Nom 2 8 312 discount.
Third ditto
New ditto
Company's Rupees, 4 per Ct. 10 8 11 4
Sieca Rupees, ditto 11 B—l 2 8 91
Bank of Bengal Shares, 4,000 each prem. 2,350 r. to 2,450 r.
Union Bank Shares... 1,000 „ 45 55
Agra Bank Shares .... 500 „ 240 250
Oriental Bank
North Wt. Bk. of India 500 c Old 190 200
Newloo 130

FREIGHTS.
For a few days previous to the receipt of the mail on
the 231 ult., the business in produce having slackened,
there was less inquiry fur tonnage, and some parties
anxious to complete their cargo gave orders fur rice as
low as 61. 103. per ton ; subsequently, however, when it
was found that the favourable advices brought by the
llentinek a ere fully confirmed, a decided advance took
place, the rate for rice rapidly advancing from 61.1.55. to
7/. 10s. to 71. 155., at which it has of late been steady,
with sugar at 71. saltpetre at 61. 151., and indigo and
silk at 71. 7s. to 71. 15s. ; there being but little difference
between London and Liverpool, except for the latter
(indigo and silk), which may be quoted about ss. to 7s. 61
lower for Liverpool.
For most other staples the rates are in a measure no-
minal, and far too unsettled for us to give quotations
with any degree of confidence.
In the rates for Mauritius we have not heard of any
I alteration as yet, shipping orders for rice staving been
obtained at 2r. 2a. per bag ; but can scarcely think it
pw,sible this can last, as vessels will doubtless be taken
from that trade and put on for England, should present
rates be maintained, as appears probable when the
amount of tonnage to arrive is compared with what will
be required both here and at Bombay during the next
three or four months ; but more especially at the latter
port, where the limited number of vessela has already
caused a considerable advance, although the new cotton
had not commenced to arrive.

CHINA.
(From the Herald.)
HONG-KONG, MARCH I.—A dreadful tragedy occurred
on the evening of the 6th ult., in Chiramo Bay, a small
opium station near. Amoy, the recrivin two vessels,
Omega and Caroline, having been b oarded by Chinese
pirates, who murdered the captains, officers, and part of
the crews of bath ships, and carried off an immense
booty. The circumstances are as follow

Three days before the catastrophe, two boats, of a
different rig from those generally seen in that neigh-
bourhood, entered the bay; as they were rather suspi-
cious loAin, Captain Macfarlane, of the Omega, sent
his serang (native boatswain) on board of them, to
ascertain what they wanted. They said they were salt-
dealers from Hong-Kong. Both boats were heavily
armed for their size, as, besides ginjalls and other
Chinese weapons, one carried five, end the other six,
guns, but apparently without more than sufficient hands
to work the boats. The serang wished to look down
into the hold, but was not permitted to do so. The
gunner was afterwards sent, with orders to bring one
of the Chinamen on board the Oineaa; but they all re-
fused to accompany him, but said that if it continued
calm they would come next day and buy opium. Two
boats sent from the Caroline received no more satisfac-
tory answer. In the morning the two boats left the bay,
returning to their anchorage in the evening, and
this they repeated the following day. On the 6th,
however, as they were sailing back they laid them-
selves one on each side of the Omega, and threw fire-
balls on tke deck. One boarded while the other pro-
a sifl,e)h.
rienr
schooners
asotosahnnoeerrest,
c,?ededrceedtoo
tf
r,wos
iraidansrdet
thbce,eoelC,naperoloisltsii
erriste, iyi o"n'iloi fehhe
unpreparedv'r..
distance
as none of their guns were loaded. The Lascars who
were on the deck of the Omega either jumped or were
thrown overboard, having barely time to give the alarm
to their comrades below, too late, however, for them to
offer any resistanu, as the pirates battened down the
hatches upon them. The officers rushed out of the
cabin, but, with the exception of the mate, who must
have been immediately killed, ran down again for arms.
The captain and gunner, with their servants and two
native steersmen or scacunnies, took refuge in the after
cabin, where, though the two former were severely
wounded, they defended themselves for
hr Borneo thrown in
" down, till
the skylight was taken off and fireballs
es went out through
The last seen of the captain
the quarter galleries.
upon which the gunner and servants returned to the
fore-cabin, and the seacunni
the 'long-boat to come alongs▪ de ; but she had been
Iva.; that he opened the stern windows and called for
i
previously cut adrift by the pirates, with a China
girl and several of the Lascars, who fortunately
reached the shore in safety. The pirates then proceeded
to rifle the vessel. The watch on board the Caroline
i Nfi, ▪
Allarse , n
hoe
atnndbdus
rr
wen pienor
ger
,t
cebadul i
ttehdi en,
wms uhapetptneorsi et
tdow
act
shaedp
it Osaciinonvecegriaier t ot
ti)ieabrtel
asihon
she
the hands of pirates, and that a boat was coming towards
the Caroline. The men were sent below for arms, and
in the meantime the pirates pnlled alongside. Tne'cap-
tain, instead of attempting a defence, ordered the gig
and jollyboats to be lowered fur the purpose of making
his escape, but the one was swamped and the other
smashed betwixt the pirate boat and the schooner. The
captain, two mates, and nine lascars, then leaped over--
board, and were probably either drowned or killed in
attempting to regan the vessel by the chains. Captain
Chamberlain's body was afterwards picked up on the
beach, at Chimmo. A seacuany advised them against
jumping into the sea, and induced one of his comrades
to r, twin. They took to the riggidg, and were saved.
Whcn all the treasure and by far the greater part of the
opium had been removed into the pirate boats,
the crew of the Omega succeed,al in breaking
through the bulkheads into the cabin, from which
they drove the pirates. This alarmed those,
above, and the whole retreated to their boats, crying
that the Malays were upon them. They then sounded
a , gon, e• which seemed to have been a preconcerted sig-
nal, as their comrades, who were rifling the Caroline,
hurried into their boat and immediately made sail.
When the Lascars reached the deck of the Omega, tINIT"
found all the guns spiked, with the exception of. one,
which was slung ready for removal 2'bis they ?graded

4d.''--,—.._c__

s

CANTON MARKETS.
(From tha China Mail of Feb. 23.)
IMPORTS.
There have been two failures among the Hongs an-
noun,:ed this new year; the amounts they owe to the
Seamen are said to be very large. The holidays have
only just terminated, and the market has hardly yet
opened; transactions reported therefore have reference
chiefly to the•three weeks previous.
Cotton—Only about 1,000 bales, all Bombay, are re-
ported as sold. The present quotations, nett, for cash
In two months, are—Bombay, 6.4 to 7.4 taels; Bengal,
7 to 8.2; Madras, 6.6 to 8.
Tne following is the monthly statement of stocks and
deliveries:—

Imptd. Stocks same periods.
Bales. Deld. 1847. 1846. 1845.
Bombay 3,341 5,239 24,659 45,515 50,555
Bengal
;Madras
American
Sbanghae

5,854 7,371 36,809 60,661 94,951
Cotton Yarn—The sales during the month are very
small. The imports for the past month etre reported at
1,300 bales, the deliveries 338, and the stoek 3,922
against 795 bales at the same period last year. The fol-
lowing are the quotations, duty paid, for cash, in two
months:—Nos. 16 to 24, 29 dolls, to 30 dolls.; Nos. 26
to. 32, 31 dolls. to 32 dolls. ; Nos. 34 to 42, 34 dolls. to
36 dulls.
Long Cloths—Sales reported to the extent of about
40,000 pieces. The quota,tions for the current de.crip-
%ions, duty paid, are 2 dolls. 30c. for 60's up to 2 dolls.
130 e. for 72's grey; and 2 dolls. 50 up to 2 dulls. 95c.
for whites; less 7 per cent. for cash.
American Goods have been sold to the extent of ab,ut
20,000 pieces. A sale is also said to have taken place
outside of some 30,000 pi, ces drillings, without duty, at
2 dolls. 30c. to 2 dulls. 25c. cash in two months. The
current quotations, duty paid, are—drillings, 30 yards,
2 dells. 50c. to 2 dolls. 60c.; domestics, 40 yards, the
same; less 7 per cent. for cash.
Long Ells—The sales are reported at 6,000 pieces,
Starlets have again advanced, and are worth 11 dolls.
Assorted have been sold at about $ dolls. 80c. for BEI
goods, duty paid, and less 7 per cent. for cash.
so!34l2:aujish Stripes-1,300 to 1,900 pieces reported as
An assortment of the best description of a favourite
cent.
mark
for c sold
ash at.
1 doll. 30 c• per yard, duty paid ; less 7 per
Camlets—Ons smalell!)caercel only sold at about 18 dolls.
18a. duty paid, less 7p
Iron—Sales to the extent
been made to a speculator
hrilrod acnba.souhi 4,000 piculs have
3 dolls. 90c. to 4 dolls. for nai
thaendlabstar, duty
wdays, at
less 2 per cent. for cash.paid,
Lead is worth 5 dolls. 80c.*.. duty paid, cash
per
cent. , less 2
Plate# are quoted 6 dolls. to 6 dolls, 60c. duty paid,
cash less 2 plbr cent.
Betel Nut—No sales reported since our last. Only
1,500 piculs remain in first hands, and about 5,000
picas
uncleared from the packhouses, which being a very
small stock, a better feeling exists regarding the article.
The nominal quotation, duty paid, is 2 dolls. 75c. to
3 dolls. 25c.

Rattans continue without improvement, and with a
heavy stock. The duty paid quotations are, Banjar-
massing, 2 (loth. 80c. to 3 dolls. 20c. ; Straits, 2 dolls.
30c. to 2 dolls. 70c. ; Water, 1 doll. 80c. to 2 dolls.
Rice hasjidvanced a little ; cargo Manilla and Java,
1 doll. 75c. to I doll. 80c,; Arracan, 1 doll. 40c.
Putchuck has also advanced a little, say 9 dols. 50c.,
duty paid.
Catch is extremely dull at 3 dolls. 30c., duty paid.
Sapan Wood continues steady at 1 doll. 75c. to 2 dolls.
duty paid.
Closes nominally at 25 to 27 dols.
_ _

Sandal Wood his advanced : Madras 10 to 13 dons.
duty paid ; Douth sess, 10 to 11 dolls. 50% ; Darneun:

And fired, but without any apparent injury to the
pirateg, who threatened to return and kill them all, to
which the Lascars answered they were quite ready for
them.

As I said before, the booty must have been immense,
the Omegs'having lost opium to the value of 70,000 dolls.,
with 40,000 dolls. The Caroline's loss was not so high,
but is estimated in opium and treasure at 60,000 dolls.—
total 1.70,000 dolls., or about 36,0001.
Thokurvivors of both vessels have been examined by
the Cori Ail of Amoy and the chief magistrate of Hong-
Kong, and the China Mail, in introducing an abstract
of the evidence, justly remarks:-
4' Deeply as the fate of the sufferers is to be deplored,
the evidence of the witnesses shows it to have been in a
great measure attributable to mismanagement and want
of vigilance on the part of those to whom were intrusted
so many lives and so much valuable property of the most
alluring description. Their sole dependence in case of
attack was upon the means on board of their own vessels,
which, howe►er, were ample; but although their atten-
tion for some days previous had been repeatedly directed
to the pirate boats, yet, without having a gun loaded or
a man ready, they allowed themselves to be surprised
and boaaded, when sauce qui peut was their only re-
source, though it would appear that no great discipline
or resistance would even then have sufficed for their de-
fence. Instead of leaping overboard, or rushing in panic
haste to the boats, had the few men then on deck, with
muskets and ammunition, taken to the rigging, it is more
than probable they would quickly have made the deck
too hot for their assailants.'
Hwang, the distinguished Lieutenant-Governor of
Kwang-tung (Canton) province, has been degraded, and
sent prisoner to Pekin. Two causes are assigned for
this untoward event, both, to our notions, trivial
enough, and neither, probably, the true reason
for removing perhaps the most enlightened states-
man who has ever had the direction of the
foreign policy of the empire. His talents, and
the use he made of them, could not fail to create
jealousies at the Court of Pekin, and it is probable his
enemies have fixed upon a neglect of a merely formal
observance as an excuse to crush this really great man.
One report amongst the Chinese is, that he had ap-
pointed a military officer. on account of his age and long
service, to some honourable office, which was 'reserved
for literary candidates ; but the other reason assigned
seems more probable and is better confirmed. It is
his : we take the statement as follows from the China
Mail:—
.1 While presiding at the late literary and military
examinations he received intelligence of the death of his
mother, and, according to the laws of his country, he
ought immediately to have denuded himself of office and
retired into privacy for three years ; but, instead of
this, it is said with the connivance of Keying, he kept
the matter secret until the close of the examinations,
when the circumstances having transpired, his enemies
(such a man in China cannot be without them) pressed
the matter on the attention of the Emperor, who imme-
diately ordered Hwang to be degraded and brought as a
culprit to Pekin. The punishment due to the crime is
death ; but he will, probably, be able to save his life at
the cost of a heavy pecuniary mulct and the loss of
office.

" It is said that Keying shed tears on receiving the
Imperial order; and well he might, for Hwang has been
his right hand and the mainspring of his administration.
It is well known to those who have come in contact with
in
both, that for the reputation Keying has obtained
Europe and America as an enlightened statesman, he is
indebted in no small measure to Hwang; and should the
next Lieutenant-Governor, as is probable, be of the old
stamp, the foreign policy of China will experience a re-
trograde movement—bringing back the petty diplomacy
of former days, to be cut short, perhaps, by another in-
glorious war."
The following communications on the subject have
been transmitted by the Chinese correspondent of the
China Mail:—
"Hwang Ngan-tung, Lieutenant-Governor, &c., lately
received the announcement of his mother's death, and
did not report it, but kept it secret, in consequence of
which offence the Imperial will is sent down in haste
that he be divested of office. The order having been
received on the morning of the 12th moon, 27th day
(12th February), the seals of office were delivered over
to Keying, who is in the meantime to discharge the
duties of the two offices.
" Taukwang, 27th year, lat moon, 3d day."
"Keying, Governor of the two Kwang, and the three
Commissioners (of Jiustice,Finance, and Excise), having
received the deposition of Hwang, he was placed under
an escort, and en the 3d day of the Ist moon dispatched
to the capital.
" Taukwang, 27th year, Ist moon, sth day."
The China Mail says—
" The failures alluded to in the Canton market report
are Aming's and the Foote° Hone. The former has
been doing a large, but a reckless, business, and making
extensive shipments of tea under advances, generally
- taking imports in exchange. These he has been com-
pelled from time to time to force off at under prices to
meet his engagement; to the teamen. who seem to have
trusted him chiefly because they understood him to be
supported by foreigners. As the China new year, the
general settling time, approached, his creditors became
more pressing, and to meet the increasing demands he
was driven to raise money upon the goods stored in his
packhous!s ; but, suspicion being excited, upon informa-
tion obtained, it is said, through a China boy, several of
the English merchants went crops to 11. nam (an island
in the Canton river), and forcibly took from the shroff,
with whom the goods had been pledged, as much of
them ns they could lay their hands on. Through the
• interposition of her Majesty's Ci nsul, additional re-
noseries, both of money and goods, have since been
made, and even a portion of the goods pawned within the
city may be got back, so that the loss to our countrymen
Its not expected to be very great. The Nainhoi has dosed
Aming's doors, and sealed up his papers, stationing a
guard over the hong, in which, however, there is not
much now to protect
"Footae's difficulties are of old standing, and ate
attributed to the enormous squeeze to which this along
with the other bongs was subjected to make up the
5.000,000 dollars for the ransom of Canton in 1841, and
- which the Emperor was made to believe was the amount
of debts due by the Hong merchants and demanded by
foreigners.
"It is said that several other Chinese merchants are
struggling, the business they have been doing of late
having been unsound and unprofitable. The temptation
to ship under advances is irresistible, but the result has
been disastrous to themselves and injurious to the foreign
trade."
The Manilla correspondent of the China Mail, writing
on the 12th of February, states:—
"Au English ship, said to be the Medusa, has been
dismasted in the late gale, and driven into the Bay cf
Lampong, on the east coast of Manilla, opposite the
island of Polillo. The report was to the effect that the
vessel was in a sinking condition, and that her cargo is
valuable. A person has been sent, at the request of the
agent for Lloyd's, to ascertain the facts, and render such
assistance as may be predicable.
" The Medusa left London for Hong-Kong on the 22
of August, and has been expected fur some time past."