The Sun.
London, England, 1851-06-16 00:00:00

CHINA.

Our dates from China are to the 24th of April.
Our correspondent's letter from Hong-kong on tha
date is as follows :
"The mail steamer arrived here on the 14th inst.
bringing advices from England to the 24th February.
" Major-General Jervois, the successor of Major-
General Staveley in the command of the troops here,
arrived by that opportunity. His appointment as
Lieutenant-Governor of Hong-Kong has since been
officially notified.
It is understood that he has received from the
Horse Guards carte blanche to carry out what may
be necessary for the preservation of the lives and
health of the troops; and arrangements have already
been completed with Captain Massie, the senior naval
officer here, for the use during the summer of part of
the accommodation on board the store-ship Minden,
and 110 convalescents have already embarked. It is
to be hoped that this is only the prelude to further
necessary arrangements. It would be desirable that
all the European troops had their quarters afloat
during the summer, and this might to a great extent
be accomplished were the Minden cleared of stores,
the whole or greater proportion of which, we under-
stand, have become useless to the navy. There is no
reason why all the articles required for her Majesty's
vessels should not be placed in the naval stores.
" His Excellency the Governor has lately been in
correspondence with the justices cf the peace in this
colony, with the view of arranging, if possible, for
their assuming the management in part of municipal
matters in the city of Victoria.
" His Excellency has been on a visit to her Ma-
jesty's Consul at Canton.
"One of the river steamers had lately a narrow
escape from being plundered of a considerable amount
of' treasure, and the 10 or 12 Europeans on board,
including passengers, of being murdered. A party of
armed Chinamen went passengers by her from this
place, with the intention, aided by piratical boats
outside, to plunder the vessel, and there is every pro-
bability they would have succeeded, had it not been
f‘ir unforeseen circutnstances,in consequence of which
she reached her destination in safety.
" The disturbances in the provinces neighbouring
to Canton continue, and we fear are beyond the
power of the Chinese authorities to quell. They
have a most injurious and distressing effect upon
trade.
" Import market is very dull and several articles
have declined. In exports to Europe little doing.
I The excess in the export of tea from China, to date,

to Great Britain, is still 7,500,0001 b. Exchange has
suddenly fallen from 55., the rate last mail, to 4s.
Bid. and 4s. Bd. per dollar .
" Our dates from Shanghai are to the 10th instant.
The Trent and Ann Jana, from England, had arrived.
" Trade, both with re ference to imports and ex-
ports, was inactive, and transactions in general limited.
Both tea and silk were firmly supported.
" The Spanish Envoy :to China, Don Sinibaldo de
M:ts, leaves by the mail on his return to Europe,
finding that the repeated refusals on the part of the
Chinese Government to negotiate render his presence
here of little advantage to his country.
" The Enterprise, Captsin Collinson, left on. the
2d of April, to prosecute his voyage in search of Sir
John Franklin. Her Majesty's surveying vessel the
Royalist, Captain Bate, left this for Manilla and the
Straits on the 23d. The Reynard has left for Amoy
and Foo-chow-foo. The American sloop of war
Saratoga, 20 guns, has arrived, and the large steamer
Susquehannab, bearing the commodore's flag, is ex-
pected.
" In Harbour—Her Majesty's ship Cleopatra; at
Whampoa, her Majesty's brig Pilot ; at Canton,
steamer Phlegethon ; at Amoy, her Majesty's brig
Serpent; at Shanghai, her Majesty's brig Contest;
at Macao, United States' sloops Marian and Sara -
gota ; French corvette Capricieuse, and Portuguese
corvette Don Joao.
" Our latest dates :are—from England, 24th of
February; America, 13th of February; Bombay,
18th of March; Calcutta, Bth of March; Singapore,
sth of April; Sydney, 17th of January; Manilla,
13th of April ; Shanghai, 10th of April.

COMMERCIAL INTELLIGENCE.
REPORT ON THE STATE OF THE BOMBAY MARKETS, FROM
THE 2D TO THE 13TH OF MAY INCLUSIVE.
BOMBAY. TUESDAY EVENING, MAY 13.—The Money
and Shar© Markets.—The money market is still tight,
and high rates of interest continue to rule. A consi-
derable portion of the bank notes stolen tram the Ori-
ental Bank iu February has been recovered, and the
police have great hopes of finding the remainder shortly.
Should they be successful, the circulation of the Bank
of Bombay will no doubt expand, and they will thus
have the means of being more liberal in their accommo-
dation. We do not hear of any large transactions in se-
curities. The following quotations may be looked upon
as the market rates :—Biink of Bombay, Rupees 20 per
cent. premium; Oriental Bank, ISi per cent. discount;
Commercial Bank, 1414 per cent. discount; Agra Bank,
2 per cent. discount; Jgew Fives, 1021; Company's
Fours, 93.
The business done in oar import market during the
short period under review has been trifling. In the
export market there has biL3en a considerable degreo of
activity, and a fair 'minims has been doing, chiefly in
cotton.