The Sun.
London, England, 1846-03-07 00:00:00

MONEY MARKET.

There has been again a slight decline in the value of some of the
Government Securities, our quotations for which are now as fol-
lows :

Five per Cent. Loan of 1825-26 •••• • • • • Ro• 10_ to 111.
Four ditto 1832-33 • • • • • • • • 99 to 101.
Four ditto 1835-36 ••• • • . • • 94 to 95.
Five ditto 1841-42 .. ..... . 104 to 105.
Four ditto 1842-43 ..
EXCIIANGE.— There has been little fluctuation in the rate of ex-
change on England, which may now be quoted at Is. 111/,1. to 2s. at
six month and is 11%d. at thirty days' sight. On Calcutta the rate
is its. 991,4, and on Madras Rs. 99—both at 60 days' sight.
BANgs. —The shares of both banks have slightly given way.
Those of the Bank of Bombay may cow be quoted at 4i per cent. pre-
mium; those of the Oriental Bank at Rs 225 premium for old, and
Rs. 195 for new shares.

PRICE or scLtioN.

Sovereigns, each.......... .. • • Its. 11 14
Bank of England Notes, per X • •

CHINA.
(From the. Overland Friend of Clilna, Dec. ni.)

In local affairs we notice the land sales first. On the 12th
instant 52 lots were put up to public competition, without any
condition as to building in a certain time; as was the former
custom. There was therefore an inducement held out to
speculate, but the buyers showed no disposition to run the
lots up, and they were chiefly purchased at a few shillings
advance upon the upset price. • Of 52 lots offered, 43 were
sold ; for the others there were ho bidders. Very few Euro-
peans attended the sale; and, with the exception of three or
four lots, there was little competition. At the sale of De-
cember last year, the advance upon the upset price was 75
per cent. ; this year it was barely 10 per cent. Since the
sale a wealthy native, who has been in the colony from its
earliest days, has brought all his property, consisting of 60
houses, into the market. The houses are in that part of the
town chiefly occupied by Chinese shopkeepers, and were for-
merly considered of great value. Other natives are desirous
to sell and leave the island, their dread of assessments and
police fines destroying that confidence in the Government
which they evinced in the infancy of the colony.
The criminal session of the Supreme Court closed on the
19th. There were in all twenty eight cases tried. Seven
were for robbery With violence, and stabbing with intent to
murder; one for murder. In the latter, the prisoner was con-
victed of the capital offence, and sentence of death is recorded
against him.
Mr. Layton, Vice-Consul at Ningpo, has been appointed
Consul at Amoy. It is not his Excellency's intention to fill
the vacancy at Ningpo until instructions are received from
home. The whole, of the consulates, with the exception of
that at Canton, require to be greatly reduced. The present
expensive establishments are quite uncalled for, and are a hin-
drance to commerce rather than a protection.
The commercial reports by this mail continue unfavourable.
Prices of cotton goods unproved at Cantor, in the beginning
of the month, but they have again receded with large stocks
in the hands of importers. No reaction is looked for until
after the Chinese holidays, which commence on the 26th of
January. The state of the English tea market, as reported
by the October mail, is unfavourable, and merchants are
cautious in purchasing. The heavy exports to America last
year have reduced the price of tea in that market to a low
figure, and the cotton goods imported from the United States
this season have not realised prices that will admit of any
1089 on return cargoes of teas. •
In our last monthly paper we alluded to a placard that
had appeared on the walls of Canton, intimating that fo-
reigners would be permitted to walk in the suburbs, and cau-
tioning the populace against insult and riot. On application
being made to the authorities by Mr. Macgregor, he was in-

,
formed that 67 copies had been posted. and the names of the
places where they were to be seen entunetated. Mr. Jackson
visited ail these places, and found seVelt copies, four on the
walls of the foreign factories, the others covered with newer
placards and not readable. One or two parties have walked
round the city walls without being annoyed, but Mr. 'gee-
gregor has issued a circular, advising that this be discon-
tinued, as it is the intention of Sir John Davis to insist upon
the city gates being opened to foreigners, and anydisturbaice
in the meantime would be made a pretext for delaying to
grant such a reasonable concession.-
NAvAL.—Her Majesty's ships in harbour are the Agin-
court and Veetal, also the Alligator troop ship, and the
Minden store ship Ana hospital. The Vixen, Captain
Gifford, sailed for Chusan on the 7th of December. Rear-
Admiral Sir Thomas Cochrane went with her, and will
return, it is said, abut; t ilia middle of January, The
Ddalna 4t Canaan after a tolerable passage of
tilt-41tou days. The his was twenty-nine days front Hong-
Kimg to Singapore, the m in& having been liot and battling.
The report .of her having bon ashore was incorrect It
seems uncertain whether the Vestal proceeds to Whampoa
for the last instainient of the indemnity money, due cr.: the
proT,itro, as there are rumours that acceptance will be
refused until the treaty is complied with. The H. C. eteatn-_
vessel phito sailed en the 22d to rescue part of the crew of the
411. Castle Hunt ly, who preferred romaining by the •a,reek.
At Amoy, the ,Espiegle ; Ftco-chow-foo, th,a Wolverine ;
Chusan, the Dcedalusi Shanghai, the Wolf. The Plover and
Young Hebei upder .ontitiatid of "Captain Collinson, continue
Ong Red is the snixey of the coast of China. The Satriarang,
Sic ilvard Belcher, was at Manilla, by late adviow. Sir
Edward had arrived there front the Bashee Taitiods, v:ith the
crew of the Bremen brig Expresii, weecitet on the Bth of
O:tober. The Vulture, qiiainr-frig.4,, had arrived at Sing.a•
pore, before the Oth of December, :,bid is expected imaie •
cliately, 'Ow lJpitod States ship Columbus, of 74 guns, an-
chored near the lio;ue forts on the 25th inst. She has had
a long passage fr,.in Batavia, probably front vi,iting some of
, the Indian islands.

Mtur.utv.—The delachrnont of the 18th Regiment, for-
n,erly at ::httclt,Chow, has been removed to Hong-Kozig,
being relived by part of the 41d M. N. I. Since the re-
ni Kcal
(1' the detachment to Victoria, there have been fewer
new cases of fever or dysentery, And the invt,lids at hospitsl
are recortr,f:g. 'rite ship~ilß-Awet. us,,ored on the
opposite side of the harbour, where she is .5 al, tne advimtage
of the sea brcea,e, A party of convalescents are on board,
obiefly from the Chuck-Chow detaoliment of the 18th. As
yet there has been uu improvemetit from the change, and it is
probab:e that they will sail for England about the middle of
January. They are chiefly cony:di:scents from fever, ague,
and dysentery. There is a good deal of speculation as to the
disposal cf the troops after the evacuation of Chusan. It is
said that the I.sepoy regiments will return to India. and the
gliowances of the Queen's troops be reduced to the usual
colonial standard. Upon this point n man in the colony can
speak decidedly; but ono thing is certain, that in this, the
most expensive of all British colonies, the Indian allowance
is not too much for those who have no private fortune. A
comparison of bong-Kong market rate-, house rent, Ike.,
with other colonies, will prove our assertion as to the expense
of living in Chins.
GOVERNMENT NOTIFICATION.
His Excellency her Majesty's Plenipotentiary, &c., &c.,
has much satisfaction in giving publicity to the annexed
reply from the Chinese Minister to an official note from the
Plenipotentiary in.which, with reference to a late edict at
Shanghai, equal toleration was claimed for Protestants and
Papists. It will be his Excellency's care, by proper instruc-
tions to her Majesty's consuls at the northern ports to ensure
the due promulgation of the proclamation promised by the
Chinese Minister.

By order, ADAM W. EMSLIE.
Victoris, Hong-Kong. Dec. 23,1845.
Keying, High Imperial Commissioner, &c., &c., &c., sends
the following reply to the honourable Envoy's dispatch con-
cerning equal toleration of the religion professed by the
English. (Here follows an extract of the contents of that
let ter. )
When I previously concluded -the emmercid treaty with
the United States, one of the articles gave permission to
erect chapels in the five ports, and all nations were to have
the same privilege, without the slightest distinction. Subse •
quently, the French EnN uy, Lagrenee, requested that native:,
if they were good men, should be entirely exempted frt,ut
punishment on account of the religion they. professed. I, the
Great Minister, then again represented this matter to the
throne; upon which the imperial reply was received that it
should be done as proposed, without drawing any distinction
between the rites of the several religions.
As, however, some of the local Mandarins seized crucifixes,
pictures, and images. and burnt them, it was subsequently
settled, that permission should be given to worship them.
I, the Great Minister, do not understand drawing to line of
demarcation between the religious ceremonies of the various
nations; but virtuous Chinese shall by no means be punished
on account of the religion they hold. No matter whether
• they--worship images or do not worship images, there are no
prohibitions against them if when practising their creed they
act well.

You, the Honourable Envoy, need, therefore, not to be
solicitious about this matter; for all western rations shall in
this respect, certiinly be treated upon the same footing, and
receive the SAMI protecti, n.
I have now addressed a letter to the Lieutenant-Governor
of Keangsoo, to direct the I,spector of Sooeln,o, Sungkeang,
Taetseang,, to publish another proclamation ; and likewise
officially requested the Governor-General of Fokeen and Chu-
keang to issue a distinct declaration of the same tenor in the
various ports.

NV Whit sending an answer. I wish you much happiness at
this season, and send this:important paper.
To his Exclieney, her Britannic ,Itijesty's
Plenipotentiary,
Sir John Francis Davis, Baronet.
&c. &c.

TAOUKWANG.
.25th year, 11th month, 22d day, (20th of December, 1845.)
Itweived 23d instant.

True Translation,
(Slatted) CHARLES GUTZLAFF,
—o4ina Mail, Dec. 25, 11145. Chinese Scere:ary.

CHINA COMAIt,HCIAL NEWS.

Snattortai.—The latest dates from Shanghai ate of the 10th of De-
camber. The sudden rise in the price of shirtings, me”tioned last
month, has been maintained, and the sales have been large—not
much under 180,000 pieces ; stack in first heads estimate at
140,000 pieces of grey and whit.. The demand at Seuchttiv
is reported to have abated, though during October and Novem-
ber the quantity sold there for consumption must have been very
great. QuotAtions.—Grey shirting's 72 reed, dirs. 3t03 10 ;'ditto 66
rs,ed, (lb's. 2-80 to 2-86; ditto 60 reed, (flits 2-40 to 2-45. For
bleached goods there is little demand at th;s season. In woollens
there is some improvement in price, with moderate sales, chiefly in
barter for produce. About I,OOQ pieces of habit-cloth and Spanish
stripes have been disposed of at 1-30 to 1-40 dlrs, payment in pro-
duce. Smaller lots have been paced at 1-50 dlrs , but the goods
were purposely assorted for the northern market. Dutch candets
have been sold at 34 dollars, though the transaction was not to any
extent. For long ells there is no market. The same remark applies
to chintz and other printed goods. A scarcity of tonnage has limited
the export of tea, though purchases have been extensive. Congou
has continued to maintain previous prices; green has declined, the
teamen being anxious to realise before the Chinese new year. One
ship (the Sralopian) is loading teas for England, chiefly on Chinese
account.

The export of tea from Shanghai this season is—of black
5,365,7081b5., and of green 857,619 ; total, 6,223,3871b5. The follow-
ing are the latest shipments :
Edward Boustead, to Liverpool 538,469 lbs.
Larpent, to Cork ............
Argyle, to London ..... ....... „ 329,3=:3
Circassian, to Liverpool 140,110 „
Ann Mackin, to New Y0rk..... • 340,514 „
Emily, to Liverpool , ... 288,322 „
Purchases of raw silk continue at a slight reduction on former rates.
Shipments to 11th November . .......
Argyle, London, 19th Nov. 677 „
Emily, Liverpool, 23d ditto.. • •
Eagle, Hong Kong, 24th ditt0.......... 150 „
Larpet,t, Liverpool, 29th ditto ....... 242 „
Viscangado, Manilla, 30th ditto ...... 13 „
Circassian, Liverpool, sth Dec. 042 „

Total from Shanghai to 10th Dec..... 10,20) bales.
The unsold stock is variously estimated at from 2,00 to 3,004 bales,
and that purchased, but not Tct slapped at, from 1,200 to 1,640.
Exchange on England, 4s. 6d.

RAILWAY SHARE MARKETS.
MINCIIESTER, MARCH 5.

STOCK EXCHANGE. —The sales are -Birkenhead, Lancashire, and
Cheshire, 3% p.—Eastern Counties, Perpetual, (No. 2), 678 —Exeter
and Exmouth, % dis.— Great Grimsby and Sheffield, Quarters, !I p.
c.— Huddersfield and Manchester Railway and Canal. 514 p.— Lan-
cashire and Carlisle, 19 p.—Liverpool and Bury, New Shares, 2% p.
—Liverpool and Leeds Direct % die.— Liverpool, Orinskirk, and
Preston, 2% p. c.— Liverpool, Preston, Manchester, and Stockport,
9-16 D.—London and Manchester (Remington's), 1% dis.—London
and York, 1 p.—Manehester, Buxton, and Matlock, p.—Manches-
ter and Leeds Extension, 3% p.—North Statibrathire, 3N, P. n.—
Preston and Wyre Extension, 4 dis.—West Riding 'Wen, p. c.
—Great Grimsby and Dock Extension, 1 p.

LEEDS, IlAucn 5,

STOCK Exenebtax.-The sales are-- Lon don and Croydon, 21%
Great Grimsby and sheflield Extensions, 2s. P.-Rudders/laid and
Manchester, 5% p.-Ditto, Extensions, par-Huddersileld and She/-
bald, 84-Leeds and Bradford, 20 p, c.-Leeds and Dtwsbury, 8
p. - DUI o, New Extensions, 2 p_-North British, 6% p.- Ditto, New
Carlisle Branch, 2% p.-London and York, 31. 11e -Liverpool, Grins-
kira, and Freston, 2 y -West Riding Union, 3% -Bradford, Wake-
field, and Midland, 20s. dis. -Grand Union, 12s. 6d, dis.-Leeds and
Liverpool Direct, 20s. dis.-Leicester and Bedtbrd, ss. dis.- Manches-
ter, Buxton, Matlock, and Midland, 2/. Is. -Northumberland and
Lancashire Junction, 20s. dis.-North Western, 2% ,-Welsh Mid-
lands, 25t. dis.-York and Carlisle, lbs. dis.-Yorkshire and Glasgow
Union, 10s. die.
HUDDERSFIELD, Menai 5.

Procx EXCHANGE —The sales are—Huddersfield, Ihlifax, and
1' rad ford Union, 21. 16s 6tl. - Leicester and tiedlord, 17s. --North
Western, 21. 4s. 6d. —Sheffield and Lincolnshire, 31. 2s.—Direct
Northern, 21. 3s.
SHEFFIELD, ILsacn 5.

STOCK EXCIIANGE.—The sales are—Grimsby and Sheffield Ex-
tension, 214 —Ditto, Quarter Shares, 1% —Huddersfield and gheffield,
16—Fleetwood, Preston, and West Riding, 18s.— Leeds, Wakefield,
and Midland, 7s. 6d. Ms.- South Yorkshire Ceal Railway, Is. dia.