The Sun.
London, England, 1857-08-29 00:00:00

COMMERCIAL.

H
O,
from N
JulyKONG,ltoJ.Tusiii; 1100: i s
Our export of tea this seat. n
—From Canton, 20.026, 5001bs. ;Fuhohau, 20,839, 4001 be.;
Sbanhae, 20,990 7001bs.—giving a total for the season
1856-7, as far as yet ;ascertained, of 61,856,600ibe.,
against 91,055,8001b5. at the same date last year—the
decrease this season being 29,199,200'be. The silk ex-
port has been 74.215 bales, against 50 489 bales last
semon—the increa.e this season 23,726 bales.
RAW SILL —For Marseilles, per the Peninsular and
Oriental Company's steamers :—July, 1,315 ; August,
793 ; September, 900 ; October (Malta and Shanghai),
2 218 ; November, 1,429 ; December, 7,406 ; January,
705 ; February, 272 ; March, 648 ; April, 482 ; may,
731 ; June, 554 bales
COTTON.—Bombay, 11 dole. tO 12 dole. per picul ;
Bengal, 9 dole. to 10 do's. 25c. per picul—moderate.
OPIIIM.—OId Patna, 540 dole.; new Patna, 580 dole.,
nominal ; New Beneres, 390 dole. ; Malwa, 515 dole,
Macao, Bth July.—New Patna, 570 dole. ; old Patna,
512 ,lots. ; new Benare=, 570 dole. ; Malwa, 515 dole.
to 520 dol. Canton—No market. Shanghae, let July.
—Malwa, 370 taele ; old Patna, 367 to 372 taels, new
Patna, 370 to 371 taels.
EXCHANGE AND BllLLlON.—Oriental Bank Corpora-
goo on London, at six month.' sight, 4s. llid. ; on
India, 234 re. ; gold leaves, at 21.90 dole. per tael, and
bar at 19 dole. to 214 doh, ditto; Cantpu sycee, nonai•

nal ; duty sycee, nominal. Other bills on London at
six months' sight, ss. On India, 234 rs.

SHANGHAE, JULY 18.

SILK,—The new crop is the most abundant on record,
and for excellence of quality and other favourable
characteristics stands unrivalled. Of new silk the
arrivals already reach the unprecedented heavy total
of 12,000 bales ; the demand has bean equally active.
10,000 bales have been taken over in Shanghae,
despite the exorbitant rates exacted and obtained at
the opening of the new campaign, and an advance of 10
per cant. thereon has been demanded by the dealers and
freely paid by our buyers. The total settlement to pre-
sent date for the season ending 30th instant is therefore
98,000 bales, with every probability of reaching, if not
exceeding 100,000.
EXCHANGE has now varied mote than id to 11 per tael
during the month. We now quote 7s 3d for Bank, and
7•s 3i to 7s 4d for credits. Os Calcutta and Bombay,
237 ra, and 336 rs. per 100 taels respectively.
FREIGHTS.—The Robin Hood, Chrysolite, Mirage,
Lammerrnuir, Julia, and Sir James, are on the berth
for L)ndon, and asking 3/. 103 for tea, and 6/. 6s for
silk. The Ariel is also loading for New York at $lO for
tea and $2O for silk.

LOSS OF THE TRANSIT.

SINGAPORE, JULY 19.

On the 13th instant, his Netherlands Majesty's
war steamer Montrade arrived here from Minto,
having on board Lieut. Downes, belonging to her
Majesty's steam transport Transit, and bringing ac-
counts of the total loss of the latter vessel in the
Straits of Banca, by striking upon a rock or coral
reef, distant four miles from the shore, at 9 o'clock
in the morning, and went down in less than two
hours. The head of the vessel rests on the rock, just
above water, but at the stern there are 11 fathoms,
and on one side of the vessel so much as 17 fathoms.
The troops on board and crew were saved, as
also part of the military armament. On reaching
the shore tents were placed for the accommodation
of the people, who succeeded in reaching the Island
of Banca in the ship's boats. Lieutenant Downes
was despatched to Miuto for assistance, and the
Dutch resident at once despatched that officer in a
war steamer to Singapore. On arrival of the news
here the senior naval officer (Captain Barnard, of
her Majesty's ship Racehorse) immediately de-
spa.ched her Majesty's ship Actaeon and the
steam gun-boat Dove, as &so chartered the
American clipper ship Beaver, to br;ng up the
troops and crew. On the 16th the Governor of Sin-
gapore sent the Hon. Company's steamer Hooz,hly
to afford aid, and I hear that the Sir James
Brooke steamer, belonging to the Borneo Com-
pany, has been chartered for the same destination,
and sails to day. We suppose that arrangements
will be made to forward the troops on to Calcutta,
where their presence is much required.
The Transit has been one of the most unfortunate
vessels in the service. On her recent voyage she
sailed upon her anchor, and all but foundered be-
fore leaving England, then put into Corruna, and
has finally wrecked herself when within 100 miles
of Singapore.

FRANCE.
PARIS, FRIDAY EVENING.

A telegraphic dispatch from Trieste, dated yes-
terday, mentions a report that Lord de Redc!Hie
had made overtures ti the Turkish Minister of
War for permissim to send English troops to India
through Egypt, and that the negotiation had failed.
Both the P atrie and the Presse, admitting, however,
hat the news requires confirmation, incline to in-
fer from it that Lord Palmerston had recourse to
special pleading, when he said he "was not aware"
that any application on the subject had been made
to the " Pactia of Egypt." The Patrie, moreover,
sees in the refusal a just revenge for the obstinate
opposition of English statesmen to the piercing of
the Isthmus of Suez.

The ab we Trie3te despatch pretends that M. de
Prokesch is getting up a collective demand by all
the great powers for the restitution of the Isle of
Perim. Is it for this that we have formed an
Austrian alliance ?