The Sun.
London, England, 1848-09-25 00:00:00

EXPORTS.

Tea—The season for 1847-48 closed on the 30th ult.,
the total export showing a deficiency of 5,700,0001 b. on
that of last year, and 10,000,0001 b. on that of the year
previous; and if we deduct the cargoes of the Romeo and
Siam, with other casualties, a further deficiency of
1,500,0001 b. will be apparent. No further cargoes have
been dispatched since the close of the past season.
The new congou market opened on the 7th, 26 taels on
board ; since which from 76 to 80 chops have found
buyers at 22 to 261 tads, at least two thirds of which
are second class teas, for which comparatisely extrava-
gant prices have been giver. The settlements have
ceased, but exceed in amount, what we had been; ed to
expect, and fire ships will probably be dispatched in the'
coarse of the present month, and the same number may
be expected to sail during the month following ; these
will take 5,000,000 to 6,000,000 against 9,000,000 up to
to the end of August last year. This continued defi-
ciency in export cannot fail, we think, to afford material
relief to the home market.

The state of commercial affairs both here and in Eu-
rope confirms the general opinion that excessive ship-
ments need not be apprehended for the coming year.
The crop of new congou is do cidedly inferior in quality
to those of previous seasons, and the number of really
fine chops less by nearly one half than is usually the case,
while the total supply of monings of all gratics is ex-
pected to be very deficient. About 40 chops of new tea
only remain on the market, and they have latterly been
coming in very slowly.
Scented teas have found purchasers to a limited ex-
tent at fair prices for fine descriptions of the new stop.
Old season's teas are neglected. _ _ _

Some purchases have been made of Carton gunpow-
ders and imperials ; and the better qualitits have some-
what advanced in price.
Twankays, hysons, and young bysons, and indeed all
other kinds, are neglected.
Congou.-8 to 10 chops of old teas Lave been taken
at 11 to 14 taels, principally for flooring ships. Of the
new crop, 120 chops have arrived, 75 to 80 of which
have found buyers at 26 to 26i taels for Ist class ; 22 to
25 for 2d class. No Ist class now remain.

Souchong.—A few musters of new crop are down; the
quality inferior. Nothing doing.
Oolong and Plain Orange Pekoes.—None of the old
crop left. About 1,000 packages new Oolong and 500
to 600 now orange Pekoe are on the market. No trans-
actions.

Scented Orange Pekoe.—A few chops of new tea
have been taken at 20 to 25 for good to fine, 35 to 40
for superfine.
Scented Caper.—About 2,000 boxes of new seasons
have been settled at 19 to 22 for good to tine descrip-
tions.

Flowery Pekoe—But little doing; one or two parcels
of the new crop reported to have been sold at GG taels.
Twankay, hyson, and young hyson may be quoted at
the same rate as last month. We have not heard of any
transactions in these descriptions; few remain, and these
very common in quality.
Imperial and Gunpowder—Several purchases of fair
common, and the better descriptions of Cantons have been
taken at 17 to 28; an advance of 2 taels is quoted on the
finer descriptions of Cantons.
Prices of all other descriptions remain about the same
as last advised.