The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1854-09-13
The Celt stfal Empire.

SHANGHAI June &c, 1854.
month of unusual inactivity and depression has
passed since We last addressed you ut that date oor
stocks OF produce were nearly exhausted, and
tiers of teas and silk have but recently made their
trihing. Imports remain without anT change and the
bulk of the purchases Of cotton goods been made
by foreigners on speculation.
Contrary to our an.tcipations, have nothing Of a
decisive nature 70 report respecting political affairs
The United states steamer Susquehanna having board
the American Commissioner and suite, EFT this on the
ed uno for the purpose Of visiting the city of Nan
king but, upon arriving there the rebel officials as
sumed SO naughty tone that negotiations were sus-
PENDED and good is known to have resulted from the
Interview.
From Pekng Gazette have been received Of date May
Gaedes from the 18th April having been intercepted.
The original Northern army Of insurgents reported
n IN occupation OF the city Of situated in lat
the capital where it would appear they have been for
some time, the impeIalsts had surrounded tia city
May the insurgents AIDE successful sally from the city,
burning the Imperial camp and carrying OFF considera
Which La. heard Of at Lin Sout o
mill distant from Fow ching, viii city they had cap
tured in presence Of Imperial army sent 70 raise
gaining confidence and skrmshes outside the city have
taken The place Of attacks upon the wasit is evident
and foreigners do not Interfere the siege viii be main
TAXED SO long as affairs at tie north undecided
Inc export duties continue 10 be collected inland by
the Aandarne, no better system offering, although it
has been objected to by thu of foreign
Powers The question OF payment Of the duties in sns
pense bas not yet been decided It having assumed so
many shapes that careful consideration Is deemed ne
ceesary.
For particulars of our market we beg to report
AMERICAN COTTON CcoDs.-7he deliveries since last
are aRout 10 COO pieces mostly bought speculation at
81 so per piece for 4oysrd drills the goods delivered
NATIVES have been mostly resod AZ 81 20 per piece and
this II the cash quotation for consumption. safes Of
about eco pieces jeans reported at 81 per piece
METALS stock OF lead is exhausted, ard the quo.
taons nominaliy ~ 25 per pecui but as the tea
are nov well supplied price would de;Ds on the arrival
pecui speltsr 81 per pecul; no sales.
EXPORTS.
BLACK IMs Ministers OF 40 chops Congou have been
received, and twenty five have BEEN taken English
account at IA taes per pccul long price for common
10 Hows the quality of the teas far received Is very
~ favor. tits generally supposed that the operstonsat
Ioochow viii materially reduce supply Of these
teas ont these opening rates are sustained We DO not
soubt but that our supply will be sufficient Musters Of
Eve chops Of Pekoe have been received but have not
yet been offered FOR.
GREEN TEAS -Abont 500 packsges have arrived since
our last circular which st oeringin the absence
Of any transactions quotations are nominal and
firm those given IN our last. Respecting the new crop
Mcguire and Twankay distrcts will DO smaller scale
for the coming season. The Communication with the
Tapping and Pingsuey districts Ia yet undsurbed
and look for fun average supply The uncertainty
respecting political affairs has induced the tea men to
hurry tine pIepa, aion Of the leaf and fortnight siacs
we we're promised musters By the lst prox This offer
has proved itself III advised, aud although few small
chops may Dc shown earlier than at any formor season.
we do not think opera ions for the American market will
DE actively commenced earlier than the average Of the
past seasons. :. -
kAw slLk--lhe un,od stock reported in last has
nesry all gone forward native account or has Been
returned to the coucry Musters Of the s arrived
week SINCE ard some 500 bales 60 forward by this
steamer the quality is generay very Indifferent and as
af ss musturs have to hand Of very poor color
ine competition bas been almost exclusively for Nos
and z1tat.ee; but as really No has been shown,
contractors generally are not disposed TO fulfil engage
mems Tho intelligence brought By last mail Of the
nsrlet in England has inducsd operators generally To
withdraw possible from contracts, and transactions
WIZ probably be very limited un the homo marietta Inn
prove. In the silk districts considerable composition
has been carried by the purchasers AID prices Of Nos
and Tsatse have been forced from e2Ss TO $500 per
pecul prices not yet hxed but rates
in the sx districts Srsd ct $3.50 for best Keahrg
sna $3.50 for No. ChiDkum. The high rates o. freight
a-d sxcharZ rain9 rsnder impcssl0ls Tor geQs