The Sun.
London, England, 1850-06-15 00:00:00

COMMERCIAL REPORT.

CALCUTTA, MAY 2.—The accounts of the home pro-
duce markets are again unsatisfactory, and are in no
way calculated to impart any liveliness to business here,
Our markets are extremely dull. The demand for
produce contiuues on the most limited scale, though a
reduction in prices has latterly induced a little more in-
quiry for some goods. With a rising exchange, and a
tightening money market, there is, hoc ever, no general
desire to operate, even at the moderate prices now
ruling.
The transactions in indigo are quite unimportant-
-112,000 maunds have now bee❑ shipped. Sugar is again
rather lower, and some business has latterly been induced
thereby, but to no great amount. Silk continues in
much favour, and the new bund, in course of arrival,
moves off at very full prices. Corahs are large in stock,
but dealers having reduced their demands, some quan-
tity has latterly changed hands. Increased supplies of
saltpetre have brought down the value of common
kinds, and induced a little inquiry for England. Some
shipments of rice are in progress. Lac dye is in good
demand, at a rather lower value, but shell lac is not
quite so saleable. Oil-seeds of all kinds are more abun-
dant in supply, and prices are moderate. The new
safflower crop has begun to come in, and brings ex-
tremely high prices.
The opium market has ruled at lower prices, and is
dull, with a disposition to a further decline in value.
Patna is quoted rs. 985 per chest.
The report upon the import trade shows the same
unsatisfactory state of affairs. With a failing demand,
and a general desire to sell, prices are again lower, and
with but few exceptions no extent of business could be
done.
In Lancashire cottons there is almost a general fall
in prices, and with extensive supplies now due, holders
are mostly desirous to realise.
Stocks of Glasgow light goods are so small, that sales
are still easily made, though in some instances at cheaper
rates, and there is less buoyancy in demand. Turkey
red cottons are at reduced prices, and mostly difficult
to sell.

Mule twist is lower in prices, and sales are on a very
moderate scale. Red yarn, however, maintains its value.
and moves off briskly.
In copper scarcely any business has been done, and
qu itations are barely supported, although the stock i❑
first hands is extremely moderate. Spelter is still
without demand. Iron has improved a little, and though
prices are still very low, a slight advance in some sorts
has been established. Load is rather cheaper.
Money is dearer in the Bazaar, and the rates of dis-
count and interest are higher.
Exchange has again advanced, and maintains an up-
wat d tendency. Quotations ure—lst class 6m. e. credit
hills, 2s. Op. to 2s. Oid. per rupee; ditto document,
2s. qd. to 2s. Oil per rupee.
Although the amount of tonnage in the river has been
unusually small, the moderate business doing in exports
has reduced the rate of freight for sugar to London, 41.
2s. 6,1; Liverpool, 31. 17s. 6d.
Several vessels were reported yesterday, and a large
fleet is due.
Indigo—A small public sale was hold yesterday. There
are a few parcels in the Bazaar, for which lower rates
would be taken.
On the 27th inst. we had a severe gale, accompanied
by heavy rain, but, so far as is known at present, it has
not extended far to the northward. In most districts
the rain will be of service in completing sowings.

CHINA.
(From the Friend of China of April 23 )
Sommany.—The past month has been very barren
of incident. Business rather dull.

We regret having to announce the deaths of Capt.
Triggs, of the barque Sir Edward Ryan, and Capt.
Barclay, of the barque Trusty, who were drowned
near Woosung by the upsetting of a boat.
Mr. Caldwell has been honoured by receiving a
letter from Shap-ng- tsai. The ex•pirate expresses
much gratitude to Mr. Caldwell for the trouble he
has been at to make him a " good man," and trusts
that he will continue to amend. It is said, that
although Shap-ng-tsai has been pardoned, and even
raised to rank, his movements are closely watched
by the police of Canton ; and it may be questioned
whether the Viceroy will ever entrust him with a
command.
The redoubtable Chui-apo is no longer at the head
of a fleet—indeed he cannot command a single junk.
The squadron recently destroyed by the Medea was
his ; and but for the Medea's afternoon's work at
Mir's Bay, the pirate chief would now be in command
of a formidable force, as his lieutenant was busy
making captures, and fitting up the best of his prizes
as cruisers. Chui-apo is at low water mark. His
whereabouts is well known both to the Mandarins, and
to our indefatigable Assistant-Superintendent of
Police. He does not show himself in any of the
towns where there is a military post, and the Chinese
have not courage to beat up his quarters. But we
anticipate an application from the Cowloen Man-
darin for a British force to perform this service, and
before midsummer the murderer of Captain Da Costa
and Lieutenant Dwyer may have paid the penalty of
his crimes.
It is said that attempts have been made on the life
of the young Emperor by the brother of the late
Emperor.

(From the China Mail of April 23.)
S 11AP-'N G-TS AL
Last month we stated, on the authority of a Chinese
correspondent that Shap-'ng-tsai, the pirate chief
whose name hai become familiar to English readers,
had given in his submission to his Government upon
terms which secured office for himself and his lieute-
nants, and an amnesty for their followers. Negotia-
tions for the purpose were in progress in the autumn
of last year, but were interrupted by the expeditions
fitted out by our men-of-war and the P. and 0. Co's
merchant-steamer Canton, for the suppression of pi-
racy, but they would appear never to have been en-
tirely broken off.
At all events they have been at length completed ;
so that Shap-'ng•tsai is now a mandarin of the fifth
grade. This fact has been ascertained from un-
doubted authority, that of Shap-'ng-tsai himself, who
has written to Mr. Caldwell.
The followers of the chief, as before mentioned,
have been pardoned, and "affectionately admonished"
to return to their homes, and endeavour to become
good subjects.

COMMERCIAL INTELLIGENCE.
SHANGHAI, APRIL 12.
Since our last report, under date 20th March, little or
nothing has been done beyond clearing purchases, prin-
cipally made previous to that date; sales to any consider-
able extent could not be effected unless at a considerable
reduction in prices, which holders would not submit to,
as the news by the English mail has given a firmer tone
to the market.

IMPORTS.
SHIRTINGs.—The deliveries during the month have
been about 50,000 pieces grey, and 20,000 pieces white
shirting, of these about 12,000 pieces damaged. Present
stuck exclusive of Otterspool's cargo (which vessel is re-
ported off the mouth of the river) may be put down at
grey 230,000, and white 160,000 pieces.
EXPORTS.
TEAS.—Black—Of Cengous, since our last dispatch
we have had but seven fresh crops down, and they were
immediately taken as they arrived at improved rats,
say from 1 to 2 taels. The diminished supplies, com-
bined with the present high prices ruling in the home
markets, have given an additional impetus to this. We
have now a perfectly barn market, and the teamen
report little left in the country. Quotations—Sound
common 1,1 to 12 taels, mixed description 12 to 14 taels.
Settlements to date, 358 chops or 206,000 packaees.
Greens—Some trifling business has been &me, and
for the few straggling parcels which made their appear-
ance advanced rates were readily obtained. These were
chiefly for skins of fair quality taken for the States, and
which we quote at 12 taels. The matket is entirely
cleared of all descriptions.
Freights—To England, 31. to 3/. 10s.
Exchange—On Lition. 44. 64. to 45. 60.

CANTON, APRIL 12,

IMPORTS.
Cottons—These goods show a slight improvement.
'taw Cotton has advanced very considerably, and we
now quote Bombay 7.3 to 8.9, at which 7,000 bales sold;
all:1 Bengal 8.7 to 9.0, Madras 8.8 to 9.2, without sales.
Imported. Delivered. Stock. Stock 1849. Stock 1848.
Bombay 3,E0 14,852 12,965 48,568 41,325
Bengal none 472 2,633 4,404 • 11,766
345
Madras
American
Shanghae ... none none 350 2,359 2,652
-- --- -- --- -----
3.960 18,245 19,088 64,463 67,563
N.B.—This report has no reference to the
show the
sales by
importers during the month ; the imports
quantities entered at the Custom-house and actually
Linder' ; the deliveries, the quantities delivered from
the Pack-houso to the boats taking the cotton,
&c., to
the interior ; and the stock is what remains in the Pack-
houses, sold and not sold.
Cotton Yarn—No transactions, and prices nominal.
Woollens—Still remain much depressed, and without
hope of improvement.

EXPORTTS.
Teas—The transactions for this month have been
chiefly confined to the shipment of previous purchas,2s,
the small stocks on the market at our last report, and
the higher rates at; which they are held, preventing any
considerable business.
Black—Of Congou, iOO chests have been. taker,
leaving about 4,500 chests ; and
Of Souchong-400 to 50J chests, leaving 2,500 in
stock.

Flowery Pekoe, p'ain caper, and orange pekoe—No
sales, mid only a few pa kages left.
Oiscented caper, 2,500 boxes, and of scented orange
pekue about 1,000 half-chests taken, clearing the mirket.
Of Kokue and Ning Yong—No sales. 2,000 half-
chests left.
Of Ankoi—None.
Green—Of young hyson 1,500 half-chs ate taken, kw-
ing 3,000.
Of hyson, skin, twankay, imperial, and gunpowder the
sales have been very trifling, and the united stocks do not
exceed 1,200 packages.
Of Canton Green—About 1,500 half-chests of gun-
powder, and 500 of young hyson, are reported, olearing
the market of the old crop. Musters of the new are now
in, and some contracts have been made for England at
full rates.
FREIGHTS.—To England 31. per 5o feet. To the United
States, 16 dolls. per 40 feet.
EXCHANGE AND BuLuox.—On London, 4s. 6d. to
4s. Cid. On India, Company's Accepted, 224 Es. to
225 Re. Gold leaf, 22 dolls. 30c. per tael. Californian
gold, 15 dolls. 60c. per oz. troy. Government Sycee-6.1.

THE PHILOLOGICAL SCHOOL.
An examination of the pupils of this institution took
place yesterday, at the Lecture Theatre of the Maryle-
bine Literary Institution, in Edward street, Portman-
square, on which occasion the Lord Bishop of Man-
chester presided. As a general rule, such exhibitions
may be said to be conducive of pleasure to few, save
those more immediately concerned, viz., the parents and
friends of the young people. Bat there Ore circum-
stances in connexion with this school which entitle this
examination to a greater share of our sympathy than is
generally accorded to such scenes, and which we will
'brifly enumerate. First, the object of this school is to
extend the benefit of a aound, useful, and most liberal
e lucation to the sons of respectable parents, incspaci•
tated by unoreseen adversity from performing that duty,
or to those who labour under the double privation of
parents (of known respec!ability) and fortune. Secondly,
as unpretending in its outward show as it is useful in its
operations, this school is well conducted by a body of
governors, who, with the utmost liberality, devote much
of their time, and not their time only, to the direction
of its affairs. Thirdly, because its funds being far from
' adequate to the importance of the results aimed at, it
has been found necessary, with a view to its support, to
admit a certain number oF pupils, on payment of certain
fees per quarter, and thus, under the guidance of able
and talented masters, we find in it the singular anomaly
c.f a very flourishiag school, if we take the aggregate of
the boys, with the regret of finding that the subscrip-
tions which would enable the governors to enlarge the
sphere of its primary and special usefulness, are rather
falling off than, as we should wish to see them,
on the increase. And yet we may venture
to assert that few institutions founded• on
true benevolence have a greater claim on the affluent
than this. But we return to yesterday's examination.
Never since the day when tho present Bishop of London
fulfilled the same duty, did we see the chair more appro-
priately filled. The boys were examined in the various
branches of instruction of the School, Divinity, Horace,
History of Greece, French, Mathematics, &c., and it
were a poor complement to their able and excellent
heal master to say that their answers were generally
highly satisfactory ; we would rather say that we hope
that he, and the other masters felt, as every one else did,
that they had not laboured in vain. At the close of the
examination the Bishop delivered to the boys a most im-
pressive address, and proceeded to distribute the prizes,
accompanying the presentation of each book with admi-
rable and most appropriate remarks. This interesting
ceremony over, Sir James J. Hamilton, in the name of
the meeting, thanked his Lordship for his affability and
condescension, and the Bishop in return expressed him-
self highly gratified at all he had seen and heard.
Among the company present we noticed the Rev.
Robert Walpole, who kindly assumed the office of exa-
miner, the Hon. Frederick Gough, Sir James J.
Hamiltote Sir Walter Stirling, the Treasurer, John
Turner, Esq., whose, great liberality and strenuous exer-
tions in favour of this school may entitle him to be re-
garded as the father of the institution, and several other
of the governors. Also, among the ladies, Lady Wen-
lock, &c. The following are the names of the pupils
who received prizes:—

Ist Class. 2d Division. 2d Class. 31 Class. 4th Class.
Harper Rutherford Barton Scott, John Willialuit, S.
Kirkby Robinson Wilson, J. Grant 'Watson
__ __ - .

Bonniwell Castaned a West

Mullins

Bennett

Campbell

INDISPUTABLE LIFE POLICY
COMPANY.

The annual meeting of this company was held yes-
terday, at the London Tavern, Mr. Maddox in the chair.
The usual formalities having been observed, the fol-
lowing report was read, which says:—Since the annual
meeting in Juue, 1849, there have been received 452
propwals for the assurance of 185,2541. 197. Of these
proposals, 404 have been accepted and completed, as-
suring 120,5021. 155., and yielding in annual premiums
the sum of 4,5291. 16s. 4d., making the total sum now
under assurance by the company 193,5731. 16c, and the
annual t evenue 7,439/. 12s. 2d. The directors are also
enabled to congratulate the members on the small num-
ber of el,.aths which have occurred, there having been
only three since the establishment of the company, the
claims upon which amount altogether to 1,7001., ,being
considerably less than one-half of the calculated expec-
tancy. The balance sheet to the 31bt of December last
and a statement of the assets and liabilities of the com-
pany were presented to the meeting, from which it ap-
pears that after providing for the payment of the sums
assured and outstanding debts, including the whole pre-
liminary expenses attending the formation of the com-
psny, there was at that period a balance of profit of
14,1781. 10s., exclusively the property of and divisible
amongst the members of the company, as directed by
the coed of constitution.
The CHAIRMAN introduced the business of the meet..

ing by a few observations on the encouraging condition
and prosperity of the society. Great economy had been
exercised in the management of the society. After
alluding to the seablishment of the branch establish-
ment at Paddington, which be believed would be pro-
ductive, not only of great benefit to the locality, but
contribute largely to the profits of the society, the Chair-
man proceeded to state that the mortality in the lives
assured by the society was below the precedents of simi-
lar societies.—(llear.) The board, lie was happy to
say, was unanimous in its operation; and the conse-
quence had been that they hal advanced with a pros-
perity not inferior to the most fevoured company. In
submitting the report, he should leaveeto some other
gentleman the duty of moving its adoption.
Mr. W. MooRE then moved, and Mr. BIRD seconded,
the motion for the adoption of the report, which was
carried unanimously. In the course of his remarks Mr.
Bird observed that the average receipts of some of the
largest companies of the kingdom were scarcely equal to,
and did not surpass, the amount received by the Indis-
putable Company iu the first two years of its existence.
He observed that the average of the " Economic," for
instance, in its first five years. was 241 policies; the
" Mutual," in 14 years, was 57; and the most successful
of all, the " National Provident," had only l 6 policies
more than the average of the Indisputable Company in
the second year of its existence. He believed the success
of the company was attributable to the principle of in-
disputability, the mutual principle being valuable only
by the st al of indisputability being affixed to it.
After some few observatione, the report and accounts
were adopted, and, votes of thanks of a purely compli-
mentary character having been passed, the meeting se-
parated.

COURT CIRCULAR.
OSBORNE, JUNE 14.

The Queen and Prince were prevented by the in
clemency of the weather from taking their usual early
walk in Osborne Park this morning.
The younger branches of the Royal Family were
also detained in the house from the same cause.
Lord John Russell and his Excellency the Cheva-
lier Bunsen arrived at Osborne yesterday afternoon,
and had the honour of joining the royal dinner party.
The Lady Mary Wood and the Hon. Mrs. Grey were
also honoured with an invitation to dinner.
Lord John Russell left Osborne this forenoon for
London.

Highness the Her Royal
str
llt h
tended by Baroness de Spetpar
veedes
ats of
her Kn
residence,t,
Clarence House, St. James, a twenty minutes past
five
o'clock yesterday afternoon, from Frogroore.
His Serene Highness the Prince of Leiningen ar-
rived at Clarence House on Thursday from Frog-
more.
A deputation on the subject of railway audit, con-
sisting of Messrs. J. C. E wart, Martin, Mellor, Doug-
Ls Norris, and Swift, bad an interview with the
Railway Commissioners yesterday, at their Office in
the Board of Trade.
Lord John Russell arrived in town yesterday from
Osborne.
A deputation respecting the Preston station, in-
cluding Mr. Grundy and Mr. Errington, C.E., had
an interview yesterday with the Commissioners of
Rail ways.
A deputation, consisting of Mr. Locke, 11•P' Mr
Smollett, M.P., Mr. Blackburn, and Mr. Switt' had
an interview with the Railway Commissioners yester-
d apv aistptahteehßesowaredreofyle'srtaedred.ay
received at the Colonial-
office from the Governor of Gibraltar.

Dispatches were sent off yesterday evening from
he Colonial-office, fur the Governors of Canada and
:he other North American c.)loniea.

ANNE DYSART, A TALE, OF EVERT-DAY LIFE
To judge from the publications of the present year, Miss
Austen's garment has descended, without stint, on our fe-
male novelists. We have already had occasion to com-
mend, with the best of reasons, the mature and delicate
painting id the authoress of "Pride and Irresolution" (Lady
Ponsonby), and the capability evidenced in her first essay by
the titled authoress of " The Story of a Man of Fashion ;
or, Siu and :orrow." To another female pen, unless our cri•
tical acumen has deserted us, we are indebted for the life-
lile of character and manners in the every-day
incidents of Anne Dysart's fortunes. The incidents them-
selves ate sufficiently interesting and interwoven with all
that art which girls them interest per se; but in the union
and vet perfect subordination of the incidents to the deve
lopment of the characters mainly consists the merit of thl
attractive novel. The heroine is, especially, a charinin
creation.--Britannia.