The Sun.
London, England, 1850-02-20 00:00:00

EXPORTS.

Opium—The price of this drug remains firm at from
R 3. 1,340 to Ra. 1,350 per chest, at which latter rate 200
chests have been bought by an European firm.
Cotton—Last intelligence from home has caused a fall
of Rs. 10 at 12 per candy for Compta, and unless next
mail brings more favourable accounts a further decline
will, it is expected, take place. Very little business is
doing just now in the staple, and it is probable buyers
will await the arrival of the next English mail before
they again enter the market. For China, scarcely
anything is doing. The purchases during the fort-
night have been to the extent of 1,800 bales and
2,000 candies.
Pepper—Of Bhutcoll Pepper sales of 250 candies, at
Rs. 57 per candy, have taken place,
FREIGHTS

have been ♦ery dull during the past fortnight. there
being little cotton at market, and that of an inferior
quality. We quote rates to London at Si. 25. 6d. to
31. 5•.; to Liverpool, at 31. to 3/. ss. per ton; and to
China at Rs. 11 to Rs. 11i per candy.
EXCHANGE.
The amount of remittences going home by this
steamer on merchants' account is very small indeed—in
fact we never knew it more so—this, too, in the face of
what may be considered a ♦ery advantageous rate for
buyers, namely Is. 110. for first-class six months' sight
bills. We quote bills on Calcutta at 1 per cent, discount
sixty days' sight, per cent. discount thirty days' eight,
and par for sight drafts.

CHINA.
(From the Overland Register of Dec. 29.)
The past month has not been marked by any event
of importance.
The Chinese Government still retain the head and
hand of the unfortunate Governor Amaral—and as
they have now been upwards of four months in their
possession, it is but too probable that even ultimately
recovered, all traces of the identity will have long
since disappeared.
The last steamer brought on a detachment of Vo-
lunteers (European Portuguese) 100 strong, from
Goa, to assist in the defence of Macao—while the
French and American frigates continue to afford it
the passive protection of their presence.
A report obtained in the early part of the month
that the notorious pirate chief, Shap-'ng-tsai,
was again at the head of a formidable squadron,
but as we could not trace the rumour beyond mere
hearsay, and as it is not borne out by its own likeli-
hood, we are not inclined to place any reliance upon it.
At Canton all continues quiet.
Our dates from Shanghai are to the 20th instant;
they contain nothing entitled to particular notice.
The ship Cumberland, Captain Lewis, from Belli
bound to this port, foundered off the coast of Luco-
nia—the master and six hands were lost. Mr. Block,
a passenger, and the rest of the crew reached the
shore distant about forty miles, and arrived here in
the Spanish brig Brilliante.
The Macao garrison has been strengthened by a

reinforcement of 106 troops brought on from Goa by MONEY and
the " Peninsular and Oriental Company's" steamer
Pekin. The Chinese still keep possession of the head
and hand of the late Governor.

People are getting uneasy about the Apollo troop-
ship with the head-quarters of her Majesty's 59th
regiment on board. She put into the Brazils several
months ago, some of the troops having died of cholera,
it is thought, however that she ought to have arrived
ere this—but quarantine is always a tedious affair.
The 59th relieve the 95th; the Chinese say it is the
same regiment, the figures on the caps being trans-
posed.

JUDICIAL COMMITTEE OF THE
PRIVY COUNCIL.—(THIS DAY.)
(Before Lord BROUGHAM, Lord CAMPBELL, the MAS-
TER of the BOLLS, Dr. LUSHINGTON, Sir EDWARD
RYAN, and the llonoui able Mr. PEMBERTON LEIGH.)
GRANT V. THE CHIEF•JUzTICE OF BENGAL.
This was an appeal, part heard, against an order of
the Suererc e Court of Judicature at Fort William, Ben-
gal. The appellant had been appointed during the year
1838 Master-Accountant-General and Examiner in
Equity of that court, and he continued to hold those
offices until the year 1848. During the latter year he
received a letter from the judgea of that court intimating
that, e" The gross mismanagement of the affairs of the
Union Bank, which have ended i❑ the destruction of the
interests confided to you, involving as it does, in
additioa to the deceptive nature of the reports,
breaches of trust of the most serious description,
justifies the withdrawal of our confidence from you. We
need only refer to two of the more prominent instances,
namely, the lending the funds of the partnership on un-
authorized securities, and being yourself a debtor to the
bank to a large amount on mere personal security, con-
trary to the most obvious principles of your duty." The
appellant emphatically denied these charges; but having
declined to appear before the Judges of the Supreme
Court, he was discharged from the office which he held.
It was submitted by the counsel on behalf of the ap-
pellant, that he must be deemed to have held the offices
from which he was suspended for life, or during good
behaviour ; and that no power was given by the
Charter of Justice, or any statute or Act of
the local Legislature, to the Judges of the Supreme
Court to remove or suspend the officers of that court at
pleasure. It was conceded on all bands that the apel-
lant's conduct, in his judicial capacity, was irreproach-
able; and his counsel contended that it was not compe-
tent, nor within the province of the Chief Justice, to dis-
miss the appellant upon transactions arising extra-
judicially.
On the other hand the counsel for the respondent con-
tended that the Supreme Court possessed the jurisdic-
tion which the Chief Justice had assumed, and that the
dismissal was a fit and proper exercise of that jurisdic-
tion; and that, taking all the circumstances of the case
into consideration, the appellant was not a fit and proper
person to hold the offices of Master-Accountant-General
and Examiner in Equity in the court.
The counsel for the appellant were Sir F. Thesiger,
Mr. Turner, and Mr. Peacock; and the respondents
were represented by the Solicitor-General and Mr. G.
Henderson.
Mr. TURNER was replying, during the morning, upon
the case set up fur the respondent.

lAL NEWS

CITY, QUARTER TO THREE.

The sales cf Cotton at Liverpool were only 1,500 bales,
all to the trade, with a dull market, at previous quota-
tions.—Railway Shares were again lower, and the mar-
ket was very dull.

The Grain trade in Mark lane is much the sane as
on Monday.
The continental mails have not arrived as usual, and
even the French mail has come in late.

We have before us an appendix to Mr. David M.
Evan's work on the " Commercial Crisis," a curious and
valuable table of dividends, completed to the end if
last year, and we take from it some of the more int crest-
ing points:—

S. J.

Alexander, L. and Co. have paid .
Barclay Brothers ... ... ...
Bruce, Buxton, and C 0.... ...

2 Bin the pound.
2 6 If

1 6

Bensusan and C 0.... ... ... 0 3
Brainy, G. T. (and with interest). 20 0