The Sun.
London, England, 1859-07-05 00:00:00

RAILWAYS.

Cash. Account.
Orleans
Northern 952 50 .. 950
New ditto BO5 .. 840
Lyons and Mediterranean 837 50 .. 840
Geneva 490 .. 497 50
Southern
Western 525 . „ 520
Eastern
Sardinian 385 .. 390
Austrian
Exchange on London, at sight, paper, 251. 121 e. ; money
25f 9c. ; three months, paper, 24f. 971 c.; money, 24f. 95c.

more favourable climate—a change much needed
after their sufferings last year.

As to commercial affairs it is difficult to know
what to say. There is nothing doing ; freights are
as low as ever. Company's paper has not' im-
proved. The new 51 per cent. loan is quoted at 6
discount, which is caused by the power of paying
in to that loan half the amount in 5 per cent. paper
at par as cash.
The Supreme Court has decided that as the North-
Western Bank of India has lost one-third of its
paid-up capital, it has ceased to exist save for the
purpose of being wound up, and a meeting of share-
holders is called for August, for the purpose of
winding it up. In the meantime the bank is, of
course, closed.

CHINA.
The following is from the China Mail of May 5 :
"The Hon. Mr. Bruce, the Minister to Pekin, and

the new superintendent of British trade in China,
arrived at Hong-K on g, in the Magicienne,on the 26th
ult., but did not land officially till the 2d inst ~ when
he assumed charge of the superintendency. On Fri-
day he goes from this to Canton, in order, it is pre-
sumed, to settle the site for the new factories, and
shortly after will depart for the North. It is genterally
understood that his permanent residence will be at
Shanghae. Another arrival has been that of tle new
naval commander, Rear-Admiral Hope, C.B. Sir
John Bowring leaves for England by this mail,

after ten years in China, but no news has arrived
of the appointment of a successor. In these cir-
cumstances the Acting Governorship devolves on
Colonel Caine, the Lieutenant• Governor, who has
been connected with the colony since its formation.
Another colonial change is the resignation of the
chief magistrate, the Hon. Tudor Davies, who has
accepted the office of Commissioner of Foreign
Revenue under the Chinese Government.

"As we anticipated there has been little foundation
for the rumours in regard to the re-establishment at
Canton of the old Cohong, or authorised association
of merchants, having the exclusive privilege of
dealing with foreign traders. A lengthy corre-
spondence on the subject between MT. Consul
Alocc's and Hang, the Comptroller of Maritime
Custom at Canton, shows there is no intention of
re-establishing the Cohong, but that the principal
Chinese foreign dealers in foreign goods at Canton
desired to do so in order to put a stop to smuggling."

" COMMERCIAL.
" HONG KONG.
The export of tea to Great Britain this season amounts
to 55,602,100 lb., against 69,176,100 lb. last season, showing
a decrease of 13,574,000. To the United States the export
amounts to 28,547,400 lb.
The export of silk this season to Great Britain is 65,228
bales, against 56,434, or an increase of 8,794 this season.
The Pekin takes about 1,883 bales. To Marseilles the ex-
port amounts to 7,859, and the Pekin takes about 244.
SHAN GHAE.
EXCHANGE AND BULLlON.—Exchange on London
opened at 6s. Bd. for first-class credits, with a very limited
supply of bills, and has declined to 6s. 7d., with the same
scarcity of paper, documentary paper being in equally
limited supply, at id. to :id. over above rates. Closing
quotations : On London bank bills, six months' sight,
6s. 7d. First-class credits, six months' sight, 6s. 71d.
Documents and other bills, six months' sight, 6s. Bd. per
tael. On Bombay bank drafts, three days' sight, R. 306-
On Calcutta bank drafts, three days' sight, R. 309. Lon-
don drawn, accepted, R. 310—per 100 taels.
FREIGHTS.—To London and Liverpool : .E 1 to £2 for
tea ; £4 for silk per ton of 50 feet. To New York : 5 dols.
to 6 dols. for tea ; 15 dols. for silk, per ton of 40 cubic feet.

SHIPPING INTELLIGENCE.
SHIPS OF WAR.
At Hong Kong.—British frigate Cambrian ; steamers
Coromandel, Inflexible, Magicienne, and Sampson.;• gun-
boats Clown, Dove, and Janus ; French steamers La place,
Marseau, Pregent, Rose, Saone, and Scotland.
Macao.—Portuguese lorcha Amazona.
Canton River.—British brig Bittern ; steamers Adven-
ture, Assistance, Fury, and llesper ; gunboats Bustard,
Drake, Firm, and Kestrel.
Canton River.—British gunboats Leven, Slaney, Stanch,
Watchful, and Woodcock ; French frigate Capricieuse, and
steamer Lily ; and American frigate Germantown.
Amoy.—British brig Acorn,
Foochow.—British brig Camilla, gunboat Banterer.
Shanghai.—British frigate Actwon ; steamers Cruiser,
Highflyer, and Nimrod; gunboats Algerine, Forester,
Haughty, Lee, Opossum, Plover, and Starling.
Ningpo.—British gunboat Cormorant.
Japan.—American steamer Mississippi ; Russian steamers
Askolde and Strelvet ; Dutch steamer Bali.
ARRIVALS FROM GREAT BRITAIN.
At Hongkong, April 29.—Julia, from London.
At Shanghai, April 16.—Crest of the Wave, from Liver-
pool.

DEPARTURE FOR GREAT BRITAIN.
From Hongkong, April 28.—Hafis, for London.
From Foochow, April 17,--Thracian, for London; 19th,
Alipore, for London.