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

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.

prides of manufactures here, but have noverthe-
less induced them, generally speaking, to show increased
firmness for all descriptions, there being every reason
to anticipate some improvement as the stocks in
the hands of dealers become 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 of the present high ruling of exchange, but cannot at
sporespeenr present find purchasers
under
s this
compared
h e e:d• e nsahnto, tiwlt th s, except to a very limited
fabricsextent; the reported sales of almost all descriptions of
month,pcoathfoaslelinogf othffeofprneelrulys
Cloths
arEincedebsrsuahari
February
nht presentgays have
b.
ninsas7a3fmo.leloa.ws.7i(z73ino.
lraotnsthdt
Lon; Grey (in) packages. White in packages.
Madapollams
Cambrics 59
Jaeconets 78
•••14
Lappets •592 ... 245
••• ••• 346 ••• 0
Lenoes
Book Muslins 0
163 0
Mulls and Mediums ... 126 0
Musket
•.•
Checks, Spot?, and Stripes ..• 178 00
Scharfs and Chudders ••• 53 0
Dhooties 0
Twills ... ... 143 0
Drills ............0 ••• 17
Coloured and Printed Goods and Woollens—These
goods have fully participated in the general inactivity,
I the sales of all descriptions having been extremely
limited, and with the exception of Turkey lied Cloth,
which has been in fair demand, previous rates have
scarcely been obtainable.
Imports in February 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 month ; 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 (if 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 89,8601 b&
Green
... 22 bls. or 6,6001135.
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 a measure nominal.
Imp' its in February were as follow, viz.:—
Copper—Tile and Ingot ... 681 mds.
„ Cake 817 ~ •
„ Nails ••• •.• ••• 82 „
„ Sheet ...1,150 „
ft Old
... 297 ~
„ Japan ••• 1,909 „
I, Slab 1,618 „
ron—Bar 2,755 „
If Pig ... 544 ~
Nails •.• 21 ~
Speller 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
value very considerably; up to the end of the last month
holders were firm at the rate quoted in our last, but
have since been giving way, and realising at our quota-
tiers, 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 OP GONERNMENT SECURITIES, BANK
STOCK, &C.

Transfer Five per Cent Rs. a. Rs. a.
8 oto 10 0 premium.
Second do., according to Nos. 2 8 312 discount.
Third ditto -4 0 „
New ditto
Company's Rupees, 4 per Ct lO 8 11 4
Sicca Rupees, ditto 11 B—l 2 8 ~
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 Old 190 200
" Newloo 130

I FREIGHTS.
For a few days previous to the receipt of the mail on
the 23d ult., the business in produce having slackened,
there was less inquiry for tonnage, and some parties
anxious to complete their cargo gave orders fur rice as
low as 61. 10s. per ton ; subsequently, however, when it
was found that the favourable advices brought by the
Bentinck were fully confirmed, a decided advance took
place, the rate for rice rapidly advancing from 61. 15s. to
71. 10s. to 71. 155., at which it bas of late been steady,
with sugar at 71, saltpetre at 61. 155., and indigo and
silk at 71. 7s. to 71. 15s. ; there being but little difference
betiveen London and Liverpool, except for the latter
(indigo and silk), which may be quoted about ss. to 7s. 6d.
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
alteration as yet, shipping crders for rice having been
obtained at 2r. 2a. per bag ; but can scarcely think it
possible 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 vessels 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 Chirnmo Bay, a small
opium station near Amoy, the receiving two vessels,
Omega and Caroline, having been boarded by Chinese
pirates, who murdered the captains, officers, and part of
the crews of both 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 looking, 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, and 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 ono
of the Chinamen on board the Omega; but they all re-
fused to accompany him, but said that if it continued
calm they would come next day and bay 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 the deck. One boarded while the other pro-
ceeded towards the Caroline, which was lying a short
distance off, and took possession of her. The schooners
appeared to have been entirely unprepared for resistance,
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 resistance, 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 fordarms.
The captain and gunner, with their serval?
though the
tws
I es for some time, till
wounded, they defended
cabin,nat v eheerrsem, en or seacunnies,
ot ofookr
mr eefru fug
wereint s
thesne
Taefrtteewir;
w
nbatsllsretthurronwecrit
to the
seellat*cueenrand nies eent out through
the quarter galleries. The last seen of the captain
fore-cabin,
ohpreoe n-sokaihjiinigc,hht
and
desseefirvvrae
that he opened the stern windows and called for
gunnerth and taken
e
twhae'long-boat to come alongside ; but she had been
pre
pirates
Caroline
previously cut adrift by the pirates, with a China
girl and several of the Lascars, who fortunately
reached the shore in safet
Y
matter
uoaptrptieefirseetdot hctehaeltai vessel.
C Omega
h anab
Ttioi e
b we or 1
handsand reportedl the
matter to Captain Chamberlain. All hands were called,
u
when it was discovered that she fi'Aearsli burning, not but in
the hands of pirates, and that a boat was coming
the Caroline. The men were sent below for arms, and
in the meantime the pirates pnlled alongside. The cap-
Lain, instead of atn.tepting
a defence, ordered the gig
and jollyboats to be lowered for 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 1:13 the chains.i: Captain
Chamberlain's body was afterwards picked up on the
beach, at Chimmo. A seacunny advised them against
jumping into the sea, and induced one of his comrades
to remain. They took to the riggidg, and were saved.
When all the treasure and by far the greater part of the
opium had been removed into the pirate boats,
the crew of the Omega succeeded 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 gong, which seemed to have been a preconcerted sig-
nal, as their comrades, who were rifling the Caroline,
e: la Taitnhc.el 1 on
boardthetnhe proceeded
hurried into their boat and immediately made sail.
When the Lascars reached the deck of the Omega, they
found all the guns spiked, with the exception of onq,
which was slung ready for removal. This they loaded

" Taukwang, 27th year, Ist moon, 3d day."
"Keying, Governor of the two Kwang, and the three
Commissioners (of iustice,Finance, and Excise), Laving
received the deposition of Hwang, he was placed under
an escort, and on the 3d day of the Ist mocn 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 Footae Hon'. 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 engagements 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
packhouses ; but, suspicion being excited, upon informa-
tion obtained, it is said, througb a China boy, several of
the English merchants went across to Ilonam (an island
ire the Canton river), and forcibly took from the shroff,
with whom the plods bad been pledged, as much of
them as they coufd lay their hands on. Through the
interposition of her Maj,nty's Consul, additional re-
coveries, bolt of money and goods, hare since been
made, and even a portion of the goods pawned within the
city may be got back, sq /het the loss to our countrymen
is not expected to be very great. The Namhoi has closed
Aming's doors, and sealed up his papers, stationing a
guard over thb hong, in which, however, there is not
much now to protect. .

"Footae's 'difficulties are of old standing, and are
attributed to the enormous squeeze to which this along
with the other hongs 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.

"ft is said that several other Chinese merchants are
struggling, the business they have been doing of late
baying been unso nd and unprofitable. The temptation
to ship ender ad?rinces is irresistible, but the result has
been disastrous to themselves and infarious to the foreign
trade."

The Manilla correspondent of the China Mail, writing
on the 12th of February, states:—
" An English ship, said to be the Medusa, has been
dismasted in the late gale, and driven into the Bay of
Lampong, on the east cost 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 practicable.
"The Medusa left London for Hong-Kong on the 22d
of August, and has been expected for some time past."

CANTON MARKETS.
(From the China Mail of Feb. 25.)
IMPORTS.
There have been two failures among the longs an-
nounced this new year; the amounts they owe to the
tewsen 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 previoua.
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
kngal
Madras
American
Shapghae

5,854 7,371 36,809 60,661 94,951
Cotton
hnYigrn—The sales during the month are very
emu-Zoimports for the past month are reported at
riles, the deliveries 338, and the stock 3,922
against 795 bales at the same period last year. The fol-
lowing are the quotations, duty paid, for cash, in two
,monihs:—NGS. 16 t4s?, 24, 29 dolls. to 30 dolls.; Nos. 26
,to 32, 31 dolls, to n dolls. ; Nos. 34 to 42, 34 dells. to
36 dont

Long Cloths—Sales reported to the extent of about
40,000 pieces. The quotations for the current descrip-
tions, duty paid, are 2 dolls. 30c. for 60's up to 2 dolls.
Wm for 72's gray; and 2 dolls. 50?. up to 2 dolls. 95c.
for whites; less 7 par cent. for cash.
American Goods have been sold to the extent of about
AO,OOO pieces. A sale is also said, to have taken place
%Waldo of some 30,000 pieces drillings, without duty, at
2 dolls. 20c. to 2 dolls. 25c. cash in two months. The
(*rent quotations, duty paid, are—drillings, 30 yards,
2 doilf. 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.
1%8 have again advanced, and are worth 11 dolls.
"sorted have been sold at about 5 dolls. 80c. for lIH
Podsisrmluutyatid, and less 7 per cent. for cash.
sold. An "3-1,300 to 1,900 pieces reported as
mark sold at doll. 30 assortment
ef the best description of a favourite
. per yard, duty paid ; less 7 per
cent. for cash.
et.l;imly sold at about 18 dolls.
Camlets—One small pa
180. duty paid, less 7 per cg
abouttl 4,000
sh.
piculs have
Iron—Sales to the extent offr c
been made to a speculator withi
3 dolls. 90c. to 4 dolls. for nailrod andendast few days, at
less 2 per cent. for cash. bar, duty paid,
Lead is worth 5 dolls. 80c. duty paid, cash, less 2 per ,

cent.

Tin Plates are quoted 6 (lolls. to 6 dolls. 50e a
cash less 2 per cent. • -llty paid,
Betel Nut—No sales reported since, our last. Only
1,500 piculs remain in first hands, and about 5,000 pleura
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 dolls. 80c. to 3 dolls. 20c. ; Straits, 2 dolls.
50c. to 2 dolls. 70c. ; Water, 1 doll. 80c. to 2 dolls.
Rice has advanced a little ; cargo Manilla and Java,
1 doll. 75c. to
.1 doll. 80c,; Arracan, 1 doll. 40c.
?litchi& has also advanced a little, say 9 dols. 50c.,
duty paid.
Catch is extremely dull at 3 dolls. 50c., duty paid.
Sap= Wood continues steady at I doll. 75e. to 2 dolls.
duty paid.
Clone nominally at 25 to 27 doh,.
Sandal Wood bas advanced : Madras 10 to 13 dolls.,
duty paid rWouth seas, 10 to 11 dolls, 50c. ; Damaun,

and fired, but without any apparent injury to the
pirates, 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 Omegehaving 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 0,000 dolls., or about 36,000/.
in rvivors of both vessels have been examined by
thee ul of Amoy and the chief magistrate of Hong-
coif
Kong, and the China Mail, in introducing an abstract
of the evidence, justly remarks:—
" 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, however, 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 boarded, when sauve 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
thaeprobable they would quickly have made the deck
too but for their assailants. •
Hwang, the distinguished Lieutenant-Governor of
Kwang-tung (Canton) province, has been degraded, and
sent prisoner to Pekin. ewo 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-
pOeted a military officer, on account of his age and long
slice, to some honourable office, which was reserved
for literary candidates ; but the other reason assigned
seems more probable and is better confirmed. It is
fis : we take the statement as follows from the China
Mail :
" 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
both, that for the reputation Keying has obtained in
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 bade the petty diplomacy
of former days, to be cut short, perhaps, by another in-
glorious war."
The following cornmunFcations on the subject have
been transmitted by the Chinese correspondent of the
China Mail:—
".Hwang Ngan-tang, 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 mornirg 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.

6 to 8 dolls. 'A late excessive import of South Seas, not
yet landed, in however, depress the market.
Opium—A deal has been done in Malwa lately
upon credit. ck at Cumsingmoon is reduced to
1,500 chests, of which little or noon is good. The hihest
rate we hear of is .560 dolls. Since the Red Rover s ar-
rival Bengal has given way, and for the last day or two
holders seem anxious to sell. Old Patna is dull, at
670 dolls. ; and new Benares 650 dolls., without buyers.
Turkey is held by foreigners, at 375 dolls. ; but Chinese
are selling at 350 dolls.