The Sun.
London, England, 1848-07-25 00:00:00

CHINA, .

The following Government notification had been
issued .
MS Excellency her Majesty's Plenipotentiary and
Chief Suporintendent of British Trade, &c., is pleased to
direct that the annexed communication from See, the
Acting Imperial Commissioner, relative to the inland
transit duties to bo levied in future on foreign cotton
manufactures at the Pih-sin Custom-house, in the pro-
vinre of Chekang, be published for general information.
—By order, A. B. Johnston. Victoria, Hong-Kong, Bth
May, 1848. _ _

S'eu, High Imperial Cumrnisioner, &0., &c., sends the
following communications:—The late High Imperial
Commissioner, Keying, presented a memorial to the
Throne, requesting that the same rate of transit duties
oil calicoes might be lexied at the Pih-sin Cus-
tom-house in Chekeang as at Heu-shoo, which
is in the neighbourhood. To this application the
Imperial reply was, " Let the board of revenue deli-
berate and report on this subject. Respect this!" I have
now received a communication from the board, stating
that every description of foreign cotton manufactures
paid at the Heu-shoo Custom-house 2 mace-2 candareens
per hundred catties, or per pecul weight,. whilst 1.2 mace
were paid per piece at Pih-sin. Since the difference in
the amount is very considerable, the tariff of duties on
calicoes at Pih-sin ought, as proposdd, to be the same
as that at the Heu-shoo Custom-house in the neighbour-
hood, in order to equalise the rate of duties levied. To
this representation an Imperial reply was received, say-
ing, "Let it be done as proposed. Respect this." Whilst
transmitting this information to the 'superintendent of
the Pih-sinbustom-house, I thought it my duty to sub-
mit it also for the consideration of the Hon. Envoy, and
wish you much happiness, addressing the same—To his
Excellency her Britannic Majesty's Plenipotentiary,
Samuel George Bonham, Esq., &c. &c., &c.,
CHARLES GU rZLAFF, Chinese Secretary.
IMPORTS.

Cs-wroN, MAY 23.—Long Cloths—The market has
been very active during the present month, and at
prices considerably in advance of our last quotations.
The sales reported are-30,000 pieces greys, at 2 dolls.
65c. to 2 dolls. 75c. for common; 2 dolls. 85c. to 3 dolls.
for 62's and 63's, weighing 6i catties, and 3 dolls. sc. to
3 dolls. 15c. for 72's, weighing 7i catties; and 13,000
pieces white, at 2 dolls. 70c. to 2 dolls. 80c. for common,
2 dolls. 95c. to 3 dolls. sc. for 66's, and 3 dolls. 10e. to
3 dolls. 30c. for 72's. Stock of all descriptions estimated
at 360,000 pieces.
Cotton Yarn—No change since our last, but as the
imports have been moderate, and holders are firm, an
advance may be looked for. Stock estimated at 3,177
bales, and 2,347 half bales. We quote Nos. 16 to 24,
25 dolls. 50c.; 28 to 30, 33 dolls to 33 dqlls. 50c.; 38 to
40, 36 dolls. to 36 dolls. 50c.
Cotton—The anxiety of holders to realise has reduced
the market to a very low rate. Present quotations—
Bombay 5.3 to 6.9; Bengal, 6.7 to 7.1; Madras, 6.9
to 7.2. .
Woollens—Spanish stripes: 2,500 pieces have been
disposed of at 1 doll. to 1 doll. 25e.
Metals—lron : Nailrod, 4 dolls. 90 to 5 dolls. ; hoop,
4 dolls. 70, to 4 dolls. 80; bar, 3 dolls. to 3 dolls. 20.
Lead : in demand, at 7 dolls.; no stock in first hands.
—Tin plates have advanced to 8 dolls.; stock small:—
Steel: Wanted, at 6 dolls. to 7 dolls.
Cochineal-250 dolls. _ .

Opium--Malwa, the demand is good, but in conse-
quence of there being no stock the price is nominal at
650 dolls. to 700 dolls. Bengal drug has Continued in
excellent demand, the stock being unequal to two week's
consumption. The knowledge of drug coming on cheap
from the sixth sale alone prevents a material advance.
To-day's rates are 400 dolls, for Patna and Benares.
Turkey saleable et 430 dolls.
EXPORTS. _

Teas—ln blacks there has been more activity than in
either of the two preceding months, and for this season
of the year a fair amount of business done. In most
cases previous rates have been obtained ; they may be
quoted nominally as last month, and are still too high to
show any remunerative return. Twenty chops is, the
quantity named as settled, five or six being for the
American market. The stock is considered large,
there being above fifty chops. Arrivals of the new
crop may be looked for in five or six wee"
In Souchongs there has been some movement, 9 or 10
chops settled at from 17 to 20 taels good to fine,
and 12 to 13 taels for common, leaving 3,500 packages on
the market. Flowery Pekoe, some trifling
sales have
been made. Scented teas, 2,000 to 3,000 ten-catties
caper sold at 13 to 17 taels ; stock 6,000 to 7,000. 1,000
half-chests Orange Pekoe at 20 to 22 ttrls; stock, 3,000.
The new Chulau flower is about 04014 ill. ,

Greens--The sale ,s are estimated at 15,000 packages.
Young llysons of c( artKoon quality 19 to 21 taels, fair to
good 26 to 31 taels, superior 36 to 38 taels; 2,000 sold—
the stock small. H ysuils of the better kinds have all
disappeared, the few remaining mostly of inferior qua-
lity ; 3,000 are supposed to have been settled, say at
rather under the last quotations ; Imperial and Gun-
powder about 1,500 sold. Teeping 21;to 22 Lucia to 23
to 24 taels. Twankay and Moyune kinds, 28 to 31
taels to 33 to 36 taels—no good to be had, 500 packages
left. Skins, 8,500 taken, principally for Sydney, at, com-
mon 10 to 13 taels, good 16 to 18 taels ; stock 2,000.
Twankays, 1,000 to 1,500 packages settled from 10 to 17
taels ; 1,600 left, consisting of the lower grades. Can-
ton Teas, 2,000 young IlysonOulten for England,:at 10
to 12, taels for common, and 16 to 17 for good ; 1,500
Gunpowder and Singlo, at 14 to 16 taels.
Exchangc—Barings' credits at six months' sight on
Lond,,B, ; Company's accepted bills at 210 ; gold,
25 dol. 25. _ _

Freights Shipping superabundant to England,
31. 15i. to 41.

MANILLA, APRIL 26.—Imports--Easter has inter.
rupted business for tho last two weeks, and but few
transactions in piece goods have occurred. The usual
heavy stocks are still maintained, and the demand by the
shopkeepers is merely in proportion to their immediate
wants. The setting in of the S.W. monsoon next
month will make business still duller with the provinces
from the difficulty of communication during the rainy
season.

EXPORTS.—Sugar—No contracts for clayed are ye!
reported, and dealers, in consequence of the high prices
at which the raw material is held by the growers, refuse
to enter into engagements at less than 4i dulls. to 4f
dolls. per picul, which prices are above the ideas of pur-
chasers in view of the reports on the state of markets
fur this article in Europe and America. The Pampanga
crop is reported to be short'. The quantity of the 'Taal
and Zeou which has come to market is inferior. The
quotation is 2 dolls. to 24 dolls. for the former, and 2 to
24 dolls. for the latter. 'The high prices of crude sugar
keeps the Pampanga sundried, for the N. S. Wales
markets, still at 31 dolls. per picul.
Coffee—The demand is trifling, and late purchases of
good have been made at 71 dolls. to 7i dolls. per picul.
Cigars—The demand for export is small, and de-
liveries are made from the factory at the fixed govern-
meit rates:—No. 1, 14 dolls. per 1,000; No. 2, 8 dolls.;
No.; 3, 6 dolls.
EXCHANGES.—On London six months' bills last sales
4s. 4d. per dollar. Bank bills at 30 days' sight 4s. 2d.

AMERICA.

SYNOPSIS OF THE TREATY OF PEACE BETWEEN

i THE UNITED STATES AND MEXICO.
Art. 1. Firm and universal peace.
Art. 2. Convention between United States' commander
and Mexican commissioners for the suspension of
hostilities.

Art. 3. On the ratification of the treaty, immediate
evacuation by the troops to take place ; also immediate
delivery of custom-houses to Mexican authorities ; also
all duties accumulating after the ratification, less cost of
collection, to be paid over to Mexico ; evacuation of
capital to be completed in one month.
Art. 4. Forts and arms to be restored ; final evacua-
tion of territory to be completed in three months ; if
troops are not embarked before sickly season, they shall
be hospitably entertained ; prisoners of war to be ex-
changed ; the United States to cause restoration of
Mexicans captured by Indians in the United States ter-
ritories.

Art. 5. The boundary line to begin three leagues from
land, opposite the mouth of the Rio Grande, and run up
the centre of that river to the southern boundary of
New Mexico, thence along that boundary to its western
termination, thence northward along the western boun-
dary to the river Gila, thence down that river to the
Colorado, thence following the boundary line between
Upper and Lower California to the Pacific Ocean. The
two Governments to appoint a joint commission to run
the line.
Art. 6. United States vessels to navigate freely the
Gulf of California, and the United States to have the
right of running canal or railroad on either bank of the
Gila.
Art. 7. The navigation of the Gila and Rio Grande
to be common, without taxes to vessels of both countries.
Art. 8. Mexicans in the territories ceded to the
United States may stay or go with their property as
they please.
Art. 9. Inhabitants of the ceded territories to be in-
corporated into the union on equal footing with all other
citizens, as soon as practicable.
Art. 10. United States to protect Mexican frontiers
from savages ; citizens of United States not to buy from
ladians, property stolen from Mexicans, and captured
Mexicans brought into United States territory, shall be
restored by latter Government.
Art. 11. United States to pay 15,000,000 dollars to
Mexico, viz. :—On the ratification of the treaty
3,000,000 dollars in specie in the city of Mexico, and
3,000,000 dollars annually for four years, in specie,
in the city of Mexico, interest at 6 per cent. per annum,
to commence with date of ratification.

Art. 11. United States to assume and pay claims of
United States citizens against Mexico, due under con.
vention of 1834.

Art. 13. Mexico discharged from all further claims.
Art. 14. The United States exonerates Mexico from
old claims, and agrees to pay to the extent 0'
3,250,000 dollars ; commissioners be appointed to
examine the claims.

Art. 15. Each party may fortify any point in
territory.

Art. 16. Revives for eight years the commercial treaty
of 1831.

Art. 17. Supplies for United States troops before
evacuation exempt from duty.
Art. 18. Provides, Ist, Goods imported while custom-
houses are in charge of United States shall not be con-
fiscated nor further taxed; 2d, Sam. exemption for
goods imported for sixty days atter ratification; 3d, Ail
merchandise mentioned shall be exempt from all species
of tax; 4th, All goods in the interior that have been im-
ported shall be exempt from all tares; sth, But it the
goods are carried to a place not occupied by United
States troops, to pay duties under Mexica❑ tariff ; 6th,
All goods may be reshipped without tax.
Art. 19. All goods arriving at Mexican ports
within sixty days after the restoration of the custom-
houses shall pay duties as under the United States
regulations.
Art. 20. In case of difficulty arising between the two
republics, will try to settle it by negotiation.:
Art. 21. Stipulates the manner of conducting any
future war between the two countries.
Art. 22. Ratification to be exchanged within three
months.