The Sun.
London, England, 1846-06-20 00:00:00

SHANGHAE, MARCH 8.

Since my last, there has been another stoppage, the second
principal native merchant here, and although his liabilities
are not nearly of so large an amount as the preceding failure,
it must have an increased and powerful tendency to rarify
the trade at this emporium, and cause our business to
be carried on through the agency of a number of small
traders. _ _

This new state of affairs will, of course, have a depressing
influence upon the trade of this port, until it fairly comes
into operation, and until the confidence of the tea and silk
men is established in the working of the system, which must
sooner or later ensue. Strange to say, however, notwith-
standing the difficulties in which they have been so recently
involved (cases of extreme hardship to many of their num-
ber), the producers from the interior pertinaciously ad-
here to the old established principle of extensive bongs,
and object to their business being thrown into numerous
channels.
Tea—Very little doing, except in greens, in which there
have been lately a few operations at comparatively high
rates.
Silk—Little really first-rate remains in the city, but there
is no doubt that a moderate quantity might be obtained from
the interior by the purchaser paying for it in Sycee or iu ap-
preciated imports, say good assortments of Spanish striped and
long ells. This export still continues most difficult of ex-
change, so far as our staple imports are concerned.
Middling Taysaam may be quoted 270 dole. to 310 dols.
for Sycee ; Tsatlee being 80 dols. to 100 dole. in advance of
these rates ; 12,000 bales (all kinds) have already been ship-
ped from this port, and we may possibly, before the year s
export is completed, find some 3,000 more, making the total
shipments for this season about.. i 000 bales, more than half
of which will be Tsatlee.
Opium—Patna 695 dole. t 079.) hI. payment in dollars.
Really first class Malwa held for 770 dole., but at that value
not in requisition. Holders of the new drug have fixed a
high price upon it to enable them to clear off old stocks, but
as the supply has become extended by the arrival of the
Island Queen and Denia, we shall, in all probability, expe-
rience a decline from present rates.
Sycee—Most difficult of obtainment even for payment of
duties, and then only at premium ranging from 8 to 10 per
cent.

FREIGHTS.
6/. per ton, and not at all likely to recede, as tonnage is
much wanted.

ta Idne itch
here
f3O.
......_
Sales of Patna hCavileljbSeeknNin'late at 710 dollars,
o
and I suppose it will recede to 680 dollars. There is a good
deal lying at Woosung under limit of 725, clear of every-
thing ; and as it has been there
some time, the demurrage
upon it will not be small.
There is no Sycee here whatever, and none at Shanghae,
.
where and at W to take Spanish
oosung they are beginning
dollars freely without weighing, so that Sycee with you will
likely be much higher. Exchange, I observe, stillirpstm
" Business is very dull here, and no salesborficsm fac
at 9% rs. ;
going on except by ]Ur. - of black
auction;car
for rhubarb,
grey and white shirtings, 5 to 6fr rs.at
27 dols.; for camphor, at
at iS dols. • and of twist at 26 to
18 dols. I have refused
14 dols. to 'l6 dols.; and rhubarb, at
2 dols. 60 c. for some white shirtings.
h'rtin have come
200,000 pieces of s i gs ove-
rlandl learn that
to Ningpo, having been bought at
from Foo-chow sold
from the native bankers, who . them
off
by
1 dol. 70c.cause of sales having all at
and this is the once
auction •
'
ceased to be ma de at 2 dols. 90c. to 3 dols. 15c. per piece.
losses will be made from Shanghae in
teas, more especially those lately shipped, as all appeared to
be taking what they could get out of the godowns, and ship-
,
ping it off in very bad order.
Malway of No. 2 quality and under has been selling
largely of late here at 650 dols. to 14 chests for 1,000 dols.
The Anonyma and Island Queen have brought on some very
bad stuff, which is being sold very cheap. The Gem passed
through the bay two days ago, with, as reported, 900 chests
on board of No. 1, and 200 bales of cotton. Turkey, of which
there is none here, is wanted at 570 dols., but supplies ex-
pected soon. The Sapphire, I hear, has brought rations for
the troops up to the end of July."

CUARGE OF MURDER.— A painful case has occurred
at Shefford. Some lightermen quarrelled at the White Horse Inn,
at Biggleswade, and a fight between two of them afterwards was the
result. After the fight, a young man of tke name of Gray, one of
he combatants, was leaving, when his adversary gave him a brutal
kel n the abdomen, and caused instant death. His bladder was
burst. After killlag him, the brute was.about to throw the body in
the locks, but was prevented.