The Sun.
London, England, 1848-11-24 00:00:00

PRIDA.Y

EVENING-, isiOVEMBER 24, 1848

Khaur 265; the Pernambuco taken in at public sale on
Wednesday has been sold at an average of 19s 3d fir
white; a cargo of Maceio is reported at 20s. At Blisted
800 chests of fine yellow Ilavannah found buyers at 41s
duty paid.
MorAsses.—Only a small business has been concluded
in West India this week; still holders are firm, and in-
sist upon fully former rates for all kinds; the value is
from 14s 6d to 18s per cwt. Purchases to a fair extent
have been made in Besigal Treacle at 15s to 15s 6d
per cwt.
COFFEE.—There was no public sale to day of any
sort of Coffee, and privately little business was done for
home use or export. The value of good ord Native
Ceylon is 26s .6d to 27s 6d. On Tuesday 800 bags of
Native Ceylon Coffee will he put up to public sale.
COCOA.—Prices are still on the decline for Foreign,
and buyers operate with reluctance, the supply also in-
creases. At public sale, 262 bags Guayaquil were sold
at 28s 6d, but 115 bags bright red Bahia were all with-
drawn at 29s to 30s per cwt. British Plantation is not
offered at any further decline; the demand is, however,
not of a more satisfactory nature. The value of low to
fine red is 373 to 435, and grey 36s to 395. The stock is,
however, on the decrease.
I'EA.-131ack is not offered at a fuather reduction, yet
all parties do business with caution, and the supply is
pl. otiful. Green has been dealt in with caution, and
anti be obtained upon rather lower terms, the supply also
far exceeds the wants of the trade. Notwithstanding the
cheapness of Scented and Pekoe Tea, yet buyers cannot
be induced to extend their purchases. Ii is sur-
prising that with low prices, a large consumption
and moderate stock, that the Tea market should
continue in so unfavourable a position. The value of
Congou of ordinary quality is 6d to 7d, good ord 7ii,
mixed blackish leaf 8d to 84d, blackish leaf 9d to 10d,
strong ltd to is Id, ditto and Pekoe flavour is 2d to
Is 9d, Souchong, low and middling 8d to is 2d, good
and fine Is 4d to 2s 4d, and Pouchong 4d to 7d. Dealers
in both town and country are but moderately supplied.
SPinrrs.—A large, amount of business has been con-
cluded in Leeward Island Rum this week, but holders
have been compelled to submit to a further reduction. The
sales are 700 puns at is 31c1 for good brown, a few lots at
is 4d, and a small parcel of plain quality at is 3d ; East
India is little wanted, and 50 hhds of fine have been
sold at Is 4d proof, low is only worth Is 3d. Demerara
has been soldto a fair, extent, but at prices in favour of
buyers. The sales are 250 puns at 2s to 2s Id for 30
to 38 per cent, over proof. For Jamaica home and
export demand is limited, though sellers are
willing to take rather lower rates for all kinds
excepting. f9r fine, of which the supply is small.
Cuba is not-worth more than is 2d proof. Brandy is
not lower, still buyers make purchases with caution, de-
liveries keep upon a large scale, and the stock is mode •
rate. For Cognac best brands of the:vintage of 1845
holders ask 5s Id to 5s 3J, 1846 4s 9d to 4s I Id, 1847
3s 9d to 3s I Id, inferior 3s to 3s 4d, Bordeaux 25 4el to
25 9d, Spanish 2s 3d to 2s 4d, and Fiench 50 per cent
over proof 2s to 2s 2d per gallon.
COCIIINEAL.—Prices generally cannot be quoted
higher for this article as the supply is )et plentiful. At
auction 244 bags of Honduras were all sold. The value
of black is 38 8d to ss. Mexican 3s 61 to 4s, silers
3s 4d to 3s 7d. All sorts keep much lower in
price than at that time, but this is not expected to be the
case long, as the state of trade in the manufacturing parts
of the country is better.
RICE.—To-day the demand was not brisker for East
India Rice. At Auction 1 794 bags of Bengal were
taken in at lis 6a to 12s 6d for good mid and good
white, and mid Its to its 6d, which is rather above the
value, but damaged sold at 8s 6d to 103 6d; 653 bags of
Madras sold at steady rate, good pinky white 93 to 9i
6d, inferior 8s to 8s 6d. and damaged 7s 6d to 8s per cwt.
SPicas.--Of Black Pepper none has been offered at
auction this week, and privately only small parcels
hare been sold, notwithstanding the low rates current.
Sumatra of clean quality is to be obtained at 21-d, low
grey dusty Penang at 2d, Malabar 20 to 2id, and shot
at 2-id to 3d. White is yet in small supply, and is
wanted at 4d to si, fine 6d to 9d per lb. Pod is dull of
sale at 40s to 60s per cwt. The supply of Pimento bas
fallen off; and there is a fair demand at 4id to 5d for
mid to good; none has been offered at auction this week.
SALTPETRE.—HoIders of Rough continue to display
firmness, and refrained from submitting any to public
sale this week, whilst privately only a limited quantity
is on offer. Several inquiries have been experienced
from shippers and home trade buyers, and the rates
offered are fully equal to Friday last. Calcutta of low
and mid quality realise 25s to 25s 6d, and good to fine
26$ to 27*. • These rates are 2s to 34 per cwt under
those current at this time last year. British refined
sells readily at 28s 6d to 295, indeed some parties
will not take these rates.

FRUIT.—To-day at public sale 181 pkgs of Patras
Currants part damaged sold at 36$ to 395, low 33s ; 5l
pkgs Cepbalonia 35s to 375, low 32s to 34s ; 278 bskts
Malaga Figs 32s ; 2,929 boxes Elemo Raisins,
a small part only found buyers at 35s to 43s ;
181 ditto Carabourna sold at 365; 2,620 drums
of Sultana, a Small part sold at 65s to 70s;
1,044 pkgs Muscatels in part sold at 43s to 48s ; 358
pkgs Jordon Almonds taken out - 65 ditto of Valencia
taken in at 72s to 78s ; 415 pkgs of dried Valencia sold,
Raisins 33s to 38s ; 232 bskts of damaged Denia ditto
26 to 27s ;2,500 drums of Turkey pulled Figs sold sound
60s, fine 90s to 955.

SAGO.—This article is not much wanted, and rather
lower rates are accepted. At auction 687 chts were only
in part sold; fine small pearl at 193 6d to 20s 61, mid
and good rather bold 18s to 20s 6d, fine 22s 6d, low
grown 16s 6d. Farina is offered at 15s to 16s, and Sabo
Flour at 16s to 16s 6d, few buyers are to be met with.
Tapioca is, however, ,tiling slowly at 6d to gd.
TALLOW.—This afternoon the markt had a quiet as-
!
sptct Tallow, and 453 per cwt is the general value (.f
fine P. Y. C. on the spot. At auction 75 casks of Italian
said at 42s to 44s 6d ; 260 casks of Sydney 43s to 45s
3d, inferior 41s Gd to 42s 9d; 21 casks South American,
very low soft, 30s 6,1 to 333 per cwt.
OlLS.—This afternoon the publio sales of 363 pkgs
Cocoa Nut Oil went (.ff flatly, and at lower rates; Cochin
at 37s to 40s, and Ceylon 37s to 393, a part only sold.
Thee is a much better demand for Fish Oils in the pri-
vate markt t, Cod at 231 103 to 231 15s; pale Seal 261103
to 27/, fine Sperm 831 to 841; 25 tons of Southern at
auction sold at 251 15s to 26/ ; 26 tuns of Seal, potted
231, fine straw 2515 s io 251 10s, straw Seal 241 15s.

EGYPT.

That renowned- and fertile country—the mother of
Grt cian art and of European civilization—that country of
the Pharaohs which now, by the wonderful aid of steam,
communicates in a time incredibly short with the coasts
of Syria, Caramania, Anatolia, and the Black Sea, with
Greece, with Italy, and the northern coasts of Attica.
with the coasts of Arabia, with the gulfs of Persia and
Bengal, with Sumatro, Java, nay even with distant
China, and sealed, fir oifJapan, can never be otherwise
than an object of interest and solicitude to the merchants,
the traders, and the politicians of Great Britain. A coun-
try so rich in natural productions, so blessed by natural
site, must in any position of political circumstances force
itself on the attention of a nation such as England. Pro-.
diming corn, rice, cotton, beans, sp;ces, precious gurus,
flax, gold dust, ivory, and a third of the drugs to be found
in the materia milieu of this drug-consuming country—
questions of commerce alone would commend such a
country to any sensible Englishman's fasourable atten-
tion, it its unrivalled position, with the Red Sea at its
head, the Indian Ocean behind it, the Mediterranean in
front, and the matchless_Ni!e in its centre, did not ab-
solutely force the notice of E;ypt upon the considera-
tion of the statesman and the politician, The import-
ance of this land of the Ptolemies to England, great in
every commercial and general political aspect, becomes
enhanced, nay, absolutely gi4antic and colossal, when
viewed in subservience to our' political and commercial
correspondence with India. From the wonderful revo-
lir ions recently wrought by rail and steam, the commu-
nication by Egypt beomes now more than ever a
necessary link in the chain of connexion with our
Indian empire, and there is not a civilian of any of
the presidencies, nor a soldier of the Bengal, Madras, or
l3otnbay armies, nor any one of their relatives or
connexions in England, who are not interested in the
condition of a country which must in a very few weeks
change—if, indeed, it have not already changed—its
former ruler and chief governor. Changes are now, in
this age of change, rife in standstill, hitherto unchange-
able Egypt. Tho reader is well aware that that re-
markable man, born 80 years ago, the son of a female
slave at Kanala, in Macedonia, whose earliest life was
spent in the humblest pursuits of a small commerce in
tobacco—who in 1800 was appointed a pasha of two
tails in Egypt---who then for the first time learned to
read and write—and who six years afterwards, namely,
in 1806, became governor of the country with whose fate
his name has been since indissolubly bound up —the
reader, we say, is aware that Mahommed Ali, full of years
and of infirmities, some time since retired from the fatigues
of his Government, and that in consequence the cares of
empire devolved on his second son, Ibrahim Paella, the
successful commander in the expedition against the
Wachabees, and who visited England some three or four
years ago. From some of the latest accounts it would
appear that this son Ibrahim—the actual ruler of Egypt
—whom the old man had looked upon as his successor,
had been confined to his bed for more than three weeks,
without hope of recovery—that no person was allowed
to go near him—and that as a last. resource he was to be
conveyed to the milder climate of Upper Egypt. Other
accounts intimate the impossibility of the patient's re-
covery ; while later and probably more authentic letters
speak of his death as an event which might be instantly
looked for, if, indeed, it had not already taken place.
Under these circumstances Abbas Pacha would
undoubtedly succeed to the Government of Egypt.
But that personage had left Suez for the port of
Jcdda at the end of October, on a pilgrimage to the
holy cities of Mecca and Medina, on board the company's
steamer, the Feroze. It is, however, a circumstance of
fortunate augury that, ere he assumes the reigns of
power, his Highness will have an opportunity of seeing
and learning, on board a company's vessel, of how much
importance it is to the civilization and commerce of the
world, as well as to the prosperty of Egypt, over which
he is destined to rule as Viceroy, that ell those facilities
accorded long ago by Mahommed Ali should. he
continued—indeed augmented and increased. hucti
an influence is not merely necessary to Eng-
land, in order to give us the roaster-key overland
to our own possessions, but it is also necessary
to the interests of European trade—to the prosperity of
Egypt itself--to the integrity of the Ottoman empire—
to the security of Persil—and to the good government
of the provinces washed by the, waters of the " dark-
rolling" Danube. Such an influence is necessary, to
Egypt herself; for if anything, after thirty centuries of
slavery, can reclaim a land remarkable for its teeming
fertility, unrivalled climate, and rich natural productions„
from misery and slavery, it will be its now becoming-7
we will not say continuing, for the passenger trade is
but commencing—the high road from England and
Europe to the distant east.- If this truth was felt years
ago by Mahommed Ali himself, a man born in indigence,
nurtured in adversity, and who, ruled Egypt more as