The Sun.
London, England, 1848-04-22 00:00:00

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E V APRIL

from the steamer's possible delay in the river, an
express packet will be dispatched after her on the
9th. _ _

The Money market continues in much the same
state as we wrote last : the terms on which loans are
transacted are a shade more favourable, but the se-
curity taken continues to be of the most tangible
character, and of a value leaving large margin for
errors of appraisemnt. In exports there has been
a fair demand for staples, to be sent home as remit-
tances instead of speculations—especially saltpetre.
Sugar and indigo are less inquired after now, rice in
much the same state, and silk too highly priced to
permit extensive operation. The import market is
improving ; cotton piece goods finding freer vent, and
twist rising in demand. Freights are looking up.
, I here are reports of some speculations in tonnage
with an eye to a China war, and a belief that Govern-
ment would be obliged to engage transports.

CHINA.

HONG-KONG, FEB. 28.

The Peninsular and Oriental steamer, Lady Mary

Wood, arrived at noon on the 23d instant, with the
24th of December mail. Ihe late unfavourable
commercial news from England and India has
affected the interests here but in a small degree.
We have little of importance to communicate this
month. The most remarkable feature is the change
that has been exhibited in the policy of her Majesty's
Government. All the men of war which had been
ordered down from the coast for operations in the
Canton river have resumed their stations—the Scout
at Amoy, Childers at Shanghae; and the Hon.
Company's steamer Auckland, which arrived on the
10th inst., left three days after with the artillery corps
she brought from the Straits. Her Majesty's steamer
Fury arrived on the 6th to relieve the Vulture, de-
parted for England on the 27th ult. Her Majesty's
ship Melampus, Captain Campbell, C. 8., now senior
officer, arrived on the 14th inst., to relieve her
Majesty's ship Dwdalus, Captain M`Quhae, which
sailed from Hong-Kong on the 17th inst.
There appears no doubt that Keying, the Chinese
Commissioner, has obtained leave of absence, and
was to leave Canton on the 27th inst.; but it is very
doubtful if the Emperor will allow him to retire from
this commission.

Major-General D'Aguilar, our late Commander-
in-Chief, takes his departure for England in the pre-
sent steamer.

We hear from Manilla, that the Governor, with
three war-steamers and an armament of 3,000 men,
with forty vessels in all, was to leave for the Sooloo
and neighbouring islands in a few days upon some
important operations.
Owing to the Chinese New Year holidays, which
seem to have continued longer than usual, commercial
transactions have been on a moderate scale. Generally
there is firmness in our import market, with the ex-
ception of cotton, which continues heavy of sale with
large supplies. At Shanghae there has been but
little doing, from the same cause; our dates are to
the 20th inst., and all quiet. The last departure was
the Carib on the 13th inst. for London.

From Amoy we have dates to the 24th inst. Prices
for imports were less favourable, from an over supply,
and cotton yarn has declined lf dollar per picul.
(From the Pekin Gazette.)
THE COURT.—It seems that Prince Gun-k wei is
again in favour, and that Peih-ehang has not yet left
the capital, for both were present at a Cabinet Council,
and with two other Ministers, the only chosen few
whose advice the Emperor asked.
REVENUE DEPARTMENT.—The receipts of duties at
the harbour of Teen-tsin show a surplus of 12,560
taels, an incontrovertible proof that the trade of that
emporium is on the increase. The duties levied there
are much smaller than at any other place in China,
and to collect a sum like the above, the imports of this
season, compared with the last, must have been very
numerous. The whole amount is paid over to the
treasury of the Imperial clan.
CHINA MARKETS.

SHANGHAI, FEB. 20.
EXPORTS.

Tea—Purchases: during the month have been small.
For the English market four chops of Congous were
taken at last month's prices ; also 2,000 packages com-
mon Twankays, at 12 to 13 taels. Of Congou the un-
sold stock is 6,000 packages. For the American market
3,000 packages of common green teas have been settled
for rather under last month's quotations. The unsold
stock is estimated at 6,000 packages. The export from
July 1 to date is—

lbs. lbs.
Black 9,469,538 agst. 6,188,156 same period as last year
Green 515,627 „ 357,901

Total 9,995,165 „ 6,346,047
Silk—since the middle of January 1,800 bales hare
been contracted fur: of this 600 bales Tsalate and Tay-
saani, have been delivered, and 1,200 bales, chiefly Tay-
sawn, are to be delivered by the end of the month. An
advance of 20 dolls. per picul has been established on
Taysaam.
Freights.—To England—For tea, 61., silk, 61. 10s.
The Euphrates is loading for London, and the Seghalien
fur Liverpool.

CANTON, FEB. '25.
After the departure of the last mail the market
assumed a better tone, and a considerable amount of
business was transacted. The alarm consequent upon
the uncertainty of the measures about to be taken
by. the British envoy for a time checked anything
like speculation ; but when it was ascertained that
his views were pacific, fresh spirit was infused into
the native merchants, and goods were taken off with
some degree of animation. The Chinese holidays,
however, for a time caused a total suspension of busi-
ness, and it has not yet been re-established, though
both native and foreign merchants are of opinion that
an advance will take place in most articles of import.
EXPORTS.
The news by the November mail was such as to put
an end to the purchases of Indian rates. The ruinous
rates at which alone sales can be effected in England,
and the depression of the money market, by which the
usual advances on certificates are not obtainable, has de-
stroyed confidence in this quarter, and there has been
no desire to purchase. We hear but of one transaction
on English account—a chop of Souchong at 21 taels.
The December mail is not more encouraging. London
quotations for many varieties of tea are under those of
Canton, and until a reaction takes place in the home
market, shipments will be very small. For the Ameri-
can market a limited business has been done in green
teas at rather lower rates, except for young Ilysons,
which still maintain former high prices. With no put-
chases making, quotations are nearly nominal, though
most descriptions of tea could be bought at lower prices
than have hitherto ruled.
Freights—To England, 41. to 4/. 10s., and cargo not
procurable. The vessels on the berth have each a small
lot on board, but there is no prospect of their filling up
at present.

COURT CIRCULAR.
Lord Ashley arrived at Osborne on Wednesday, on
a visit to her Majesty and Prince Albert, and had the
honour of joining the royal dinner party, which in-
cluded his Royal Highness the Prince of Prussia, the
Chevalier Bunsen, Count Portalis, and Major Von
Oehrlich, in attendance on his Royal Highness.
The whole of the royal guests left Osborne on
Thursday morning, for London.
Lord John Russell arrived at Osborne on Thurs-
day, and returned to town that afternoon.
Yesterday morning her Majesty and Prince Albert
attended Divine service in Whypingham Church, and
received the Sacrament.
Their Royal Highnesses the Prince of Wales and
the Princess Royal walked yesterday morning in the
pleasure grounds of Osborne.

The Dean of Westminster preached the sermon
yesterday in the Chapel Royal, St. James's. The
prayers were read by the Rev. Dr. Vivian, the lessons
by the Rev. J. H. Thomas, and the communion ser-
♦ice by the Bishop of London. The anthem was,
"My God, my God" (Greene). Sir George Smart
presided at the organ. The Marchioness of Worcester,
Ladies St. Germans and Charlemont, Lords Bandon,
St. Germans, Wilton, and Besborough, were among
the nobility present.

DEATH OF LADY NUOErT.—We regret to announce
the demise of Lady Nugent, who expired on Wednesday
last, in the 58th year of her age, after an illness of some
weeks' duration. The deceased lady was second
daughter of the Hon. General Vere Poulett, brother of
the late Earl Poulett, and married, 6th September, 1813,
Lord Nugent, by whom she does not leave any issue.
The families of the Duke and Duchess of Buckingham,
the Duke and Duchess of Cleveland, the Earl and
Countess Poulett, Lady Charles Somerset, Dowager
Lady Arundel, the Earl and Countess Fortescue, and
many members of the nobility are placed in mourning
by the lamented death of her Ladyship.
ARRIVAL OF JENNY LaND.--111dlle. Lind arrived
yesterday from Hamburg, by the Countess of Lonsdale
steamer. We see by the Swedish papers that her de
parture from Stockholm was attended by the most
extraordinary demonstration. It was on the 13th
instant, the weather was beautiful, from 15,000 to 20,000
people lined the quay's, military bands were placed
at
intervals, and she embarked amidst cheers and music.
The riggings of the vessels in the harbour were manned.
The hurrahs and the waving of hats and handkerchiefs
continued so long as the vessel wh-ch bore Jenny Lind
remained in sight. Her last performance in Stockholm
was for the benefit of a charitable institution she has
founded. The tickets of admission on this occasion were
put up to auction, and fetched immense prices.
How TO CHOOSE A WIFE.—If you are courting
a young lady, before you take her, to ascertain her
temper, tear her ball dress, as if by accident. If she
keeps her equanimity, lose not a moment in popping
the " momentous question." She will do, and you may
account yourself a " happy run.'

22, 1848,

NAVAL INTELLIGENCE.

Powrsaiowrif.—The Right Hon. the Earl of Auck-
land, First Lord of the Admiralty, is expected to
visit Portsmouth Dockyard on Monday.
The Plumper, screw-built schooner, will be taken
into dock at Portsmouth this forenoon, to have the
cleats knocked off her bottom. She is being rigged
by the dockyard staff, and will be navigated by the
Master of the Ordinary to Blackwall, in four or five
days, to have her engines and machinery put in at the
establishment of Messrs. Miller, Ravenhill, and Co.
The Royal Frederick, 110 gun ship, on the stocks
at Portsmouth Dockyard, is ordered to be completed
and launched therefrom in the month of August next.
The ship is built upon the same scale of magnitude as
the Queen, and on the same lines.
A steam sloop of the first class, to be called the
Furious, of 1,200 tons, and 400-horse power, upon
the paddle principle, is ordered to be built at Ports-
mouth by the Master Shipwright of that dockyard,
and launched within the present financial year.
The screw steam-frigate Dauntless, a new ship,
will be complete and ready for trial, at Napier's
engineering establishment in the Clyde, on the 10th
of May.
The Hastings, 72 guns, Portsmouth, commissioned
by Captain Morgan, for the flag-service of Rear-
Admiral Sir Francis Augustus Collier, K.C.11., &c.,
the Commander-in- Chief appointed to the East India
and China station, is fitting out very fast. She vic-
tualled upwards of 200 men yesterday; seamen
volunteer for her very readily, but never having been
a flag ship, she requires considerable fitments in the
master joiner's department.
The Pembroke, 72 gun ship, partially advanced
for commission at Portsmouth, will be docked in a few
days to be advanced the final stage.
The Salamander steam-sloop has been taken from
Woolwich to Sheerners Dockyard to be fitted for
commission.
THE huff SQUADRON.—Sir Charles Napier has
left Kingstown, Ireland, in her Majesty's steam-
frigate Dragon, bearing his flag, which he has re-
hoisted on board his own ship, the St. Vincent, three
decker, at Cork. The Amphion, 36 gun frigate, is
left at Kingstown, at the command of the Lord-
Lieutenant of Ireland. Affairs in Dublin are in a very
disturbed state. Sir Charles Napier has been staying
at Gilbert's Hotel, during his visit at Cork. Every
preparation is taken to meet an emergency. The
city of Dublin assumes quite a garrison appearance,
the troops, everywhere to be seen, are placed in
the best and most commanding positions, to
act at a moment's warning. On Monday the
Dragon steam-frigate put her two paddle-box boat
24-pounder guns into the Merlin packet, and stocked
her with ammunition. She steamed to Waterford on
the 12th, to remain there as a man-of-war. The
Amphion, 36 gun frigate, stored with ordnance stores
and ammunition, arrived at Kingstown on the 10th
from the squadron at Cove, and landed her cargo in
mthaettpeardadlaen-bdoxfebeoliants of the Dragon. It is expected
an outbreak will result from the present state of
landing marine
The Dragon hass
and moored alongspidee
at Waterford, came to Kingstown.
The Medusa packet, after
aftoalehdde ulnopoardtthehde,wriaivlnelr: for the city,
guns were trained
andare small hoisted out in
actionland
the; herma
marines
ssreadinessrt
eharde ienoe of
s thefot
to
arm party if requisite;
the Medusa accompanied the Dragon, taking up a
position to support the Pigeon-house Fort ; she had
200 marines on board, and a fine ship'sn
s position h
crew, lent her
from the Canopus, 84 ; the Drago
the
etiocn
tcom-
manded some of the streets leading on
house, which she would fire upon in case of an attack-
.
Some portion of her machinery broke, however, on
Tuesday last and disabled her, and she now lies at
Kingstown repairing the damage.
APPOINTMENTS.

Commanders—H. J. Douglas (1845) and R. R.
Western (1846), to the steam factory at Woolwich.
Lieutenants —W. C. Forsyth, late of the Albion, to
the IVaterwitch brig, fitting at Chatham.
Acting Assistant Surgeon—J. IV. Elliott, to the
Hibernia, 104, flag-ship of Vice-Admiral Sir William
Parker, in the Mediterranean.
Boatswain—George Crowle, to the Gorgon steam-
sloop, at Portsmouth.
Carpenter—T. Coghlan, confirmed to the Hydra
steam-sloop, on the south-east coast of America
station.

Naval Cadets—S. Juke to the Waterwitch, fitting
at Chatham ; W. H. Buckle to the Hastings, 72, at
Portsmouth, fitting as the flag- ship for the East India
station ; W. J. Walker to the Hibernia, in the Me-
diterranean.