Pa
COMMERCIAL
THE FRIENDOF CHINA AND HONGKONG GAZETTE.
PRODABLE EFFECT OF THE OPENING OF THE CHINA TRADE UPON THE MERCANTILE PROSPERITY OF NEW SOUTH WALES,
(From the Australian, 16th December.)
In the Commercial remarks of the AURORA MA- CAENSE we sec it stated that the arrival of New OPIUM by the Red Rover was 680 chests,by the Pop- py 830 chests, by the Ariel 400 chests and the
In these days of deep commercial depression, it is gratifying to Robroy (hourly expected) has about 400.
advert to the nature of our relations with the immense Enigito of The China, and the bonofits which may accrue to our national pros. quality of the new drug is said to be not so good
perity from the late treaty concluded with that country. as the last
Season's and moreover of less weight || wards of 300,000,000 of souls, I will assist us in some menance to When we consider that the population of China amounts to up now,
5 or 0 catties,
still
frm an estimate of the quantity and variety of manufactures re. damp conditione
Whilst new Patna quoted quired to supply the wants of such a multitude, and there can be ❀ 700 to 8 710 old is @ 735 to $750, old Benares
little question that since this great Empire has, at fast, been open- € 400 to 700, nevertheless there is very little de-
ed to the free exorcise of Brish commerce, the outlet which it will form for the manufactures of our country, will be larger than mand for the drug. The arrivals of NEW OPIUM by the middle of this month will not be much more than from 1500 to 1600 Chests, a quantity which should not much affect the market in China, nor are further arrivals of large quantities expec ted very s
owing to the high rates and heavy purchases
of the Calcutta speculators, who at present will not ship to China.
The same paper of the inst. quotes New Patna at $625 to $700 and mentions COTTON at 8 to 9 taels per picul selling at Canton.
The Rob Roy with 480 chests of OPIUM from Cal- cutta has arrived. We see by Holmes & Co's review of the Calcutta Market, dated the 12th of says of "since the Sale some lots have. changed hands, at about the average prices then realized, prices however have a downward tenden- cy, and just now are nominal. On the 9th of February, at Sincapore, new Benares was quoted $660,
any yet offered to the enterprise of British inerchants.
But, besides presenting a fair and accessible market for our surplus stores of British manufactures, there is every reason to
product, WooL, at a price gronily exceeding the averages realised
believe that China would receive a large proportion of our natural in England. The inhabitants of the Northern Provinces of that country dross, during the colder seasons of the year at all events, almost exclusively in woollon cloth, and they doubtlesso sess some process of manufacturing it upon an extensive scule. I im mentioned, if we remember rigidly, in the Journal of Land artney's Embassy, that waggas funded with wool, were met in the public highways, in the neighbourhood of Pekin; and, indeed, there can exist no doubt, that from whatever quarter procured, this article is used to a very great extent in China. It is extreme.
ly probable, then, that after the irritation naturally priced by the late hostile procee tugs has ceased, and our relations with the matives assume a friendly and intimate footing, the works, of New
ties, and to the putty ndvaitage of both nations. As is a s
mutual great mistake to suppose that the Chinese are hostile to the introduction of foreign goods, or insensible to the advantages resulting from an extensive traffic in them. Sneh a supposition altogeheg at variance with the commercial acuteness of that ingenious people, who are distinguished beyond all other nations, fig their divotion to industrial pursuits: Our relations with them hitherto, have been conducted upon terins's restricted, and upon prine pals of TEA. The Free Press, of the 9th February.such jealous exclusion on the part of their Rulers, that their real states "Nothing yet done in Junk Teas." It is sup posed not less than 80,000 boxes have arrived at Sincapore.
Manila 18th February,
wante remained unknown to us, the natural inclination of the people for trade and barter being every way discouraged and suppressed by the watchful jealousy of the government. Heden forth, however, our trade with China will be carried on upr-2 principles comparatively free and unshackled. Indeed, with de cession of Hongkong, and the opening of Canton, Amy. Faɔ. chow foo, Ningpo and Shanghai as free ports, with the establish. ment of consular officers, and regular and just tariffs of import and export, as well as inland transit, the extensive introdueto of our goods into China, believing, sa we do, that they will be in great request by the people. cannot eventually be prevented, Besides the probability of realizing an improved price for our market for that commodity, and thus diminishes alike the risk and expense of transit.
SUGAR. The demand for Sydney being now nearly supplied, a reduction in the Prices ought to be looked for, as the new Crop begins to come in more freely. but we are of opinion that it will not happen so for-wools in China, that country presents us with a much nearer some time, in consequence of the high rates lately paid to the Natives for the Raw Material, and the rest naturally, or rather by custom, will hold on for similar Prices for a considerable time; and a very partial demand will be sufficient to maintain the clayed Sugars at our quotations. The purchase of 4000-Pls of fine clayed Sugar at $3-3-0 and of 1200 unelayed Pam. panga at 82-6-0 has come to our knowledge.
COFFEE has been bought at 810 Pl., and is plentiful
at that-rate.
INDIGO. Plenty offering, but a good deal of inferior quality, which is nearly unsaleable.
HEMP continues to come in abundance: and we have heard of a lot of 2400 Pls. unscrewed, purchased at 83.4-6.
FREIGHT, Tonnage supplied at our quotations. The Cacique loads for Sincapore with freight. Sapan- wood, 2 Ris Pl., Hemp and Rope 3 Rls. PL., Cigars 1 Rl, per 1000, Cocoanut Oil 4 Ris. per Jar.
EXCHANGE. The sums of £6000 and £5500. have been negotiated at 4 s. 54 for 6 ms. Bills; and £250 and £1300 at 4 s. 4 for Bank Bills.
17
·
Exports from 1st January to 1st February. 1849. Sugar to Europe Peculs
9500 8600 28000 400
Sydney
32
"Singapore &c."
Hemp Europe
"}
"U. States
Sincapore, &c."
17
Coffee
17
Hides
Rice
Sydney
Europe
"China
33
M.O.P.Shell to Europe Peculs
Rope Sidney
Sydney
"
Sincapore,
12.
51
25
Sincapore,&c.
Sydney
27
Segars Sincapore,&c. bxs.
Sydney.
The same circumstances which lead to the hypothesis that would form an article of profitable trade with China, induce us to infer that our colonial manufactured cloths would there also obtain a ready sale, more especially if they were manufactured
with a view to please the taste of that people.
It has been shewn by our contemporary the Herald, upon iu. disputable data, that colonial salt beef, in the present state of the
respective markets, would form & profitable export to England, and from South Australia the experiment has been actually made, and succeeded. Now, although the diet of the Chinese consiste principally, we believe, of vegetables, rice, &c., &c., this results
more from necessity than choice, and it would not, we think, be
difficult to induce a demand among them for our salt provisions, considering the avidity which they generally exhibit for foreign articles of food, and the pecuniary sacrifices which they willingly make in order to gratify their palates with such exotic delicacies as trepang and birds' nests. Provided a taste for our cured meats, in which we ineinde pork considered to be in high esteem with the Chinese, was once fairly established among a population, the gumbers forming which, are so immense as that of China, the quantity required to satisfy the demand, could not fail to be enormous, and the impulse which this branch of trade alone would
give to stockholders, and its effect upon, colonial shipping are
inca Joulable,
• The creation of an extensive colonial commerce with
would necessarily hasten the establishment of an INTERMEDIATE
STATION OR SETTLEMENT BETWEEN THAT COUNTRY AND NEW SOUTH WALES, either at Essington, or at some other locality on the
northern part of this continent, and indeed its happy effects would
be felt throughout every settlement in the Pacific.
40000
...
e 3
207
and purple, Knives or Bolos such as the Natives use, ready made Clothes, Boots, Shoes, preserved Fruits, Confectionary, and Vinegar by Spanish vessels, 40 per cent, and 50 by Foreign. Madras Cambayns and Handkerchiefs by Spanish vessels 20 per cent, and 30 by Foreign. British and other Foreign cotton and silk Manufactures, made in imitation of Native Cloths, lours, Madras and Bengal grey, white and printed Cot- chiefly stripes or checks of black, blue, and purple co tons, Towels, Table-napkins and Table-cloths, 15 për A cent by Spanish vessels, and 25 by Foreign, Bicho de shell, and Bird's nests, I per cent by Spanish vessels, and mar, Rattang, Diamonds, and Tortoise-shell, M. O. P. 2 by Foreign, Machinery of all sorts for the promotion of the industry of the country, Cotton Twist of red, ed or uncoined, Plants and Seeds, free, rose, yellow, and green colours, Gold and Silver, colu. Productions similar to those of the Philipines, also Tropical Arrack and Gunpowder are prohibited. Opium only admitted to be deposited for re-exportation. like Stores may be deposited for re-export, and cannot Swords. Fowling-pieces, Muskets, Pistols, and War- be introduced without the special licence of Govern- ment; but Cannon and dress Swords are admitted.
||
EXPORT DUTIES. Commodities and Produce of
every description to Spain by national vessels pay per cent, and 2 by Foreign. Elsewhere. 14 by Span- ish Vessels, and 3 by Foreign, Hemp by national vessels to whatever destination 1 per cent, and 2 by Foreign. Rice by Spanish vessels free, and 41 by Foreign. Manufactured Tobacco and Cordage of Manila Hemp, free by all flags. Gold dust or Gold in bars, or coined, and Silver in bars, free.
entry, and 1 per cent at the exportation, with 1 per ENTREPOT DUTIES. One per cent ad valorem at cent more if the Commodities should be kept there more than 12 months, 2 years being the longest time allowed for it.
PORT AND CUSTOM-HOUSE REGULATIONS. Vessels. newly arrived are not to communicate with the shore upul having been visited by the Port Captain's Boat; and within 30 hours after this visit, a Manifest must be presented stating packages, marks, and numbers, without stating whether for consumption or deposit; but the vessel may retain her cargo 40 days in transit, and without being obliged to land, or incurring any. charge on tho same, except Gun-powder, Pocket Pis- tols, and forbidden arms.
TERMS FOR SALES AND PURCHASES, Sales are generally made Duty paid at 3 to 5 months credit, occasionally at 24 per cent discount for prompt pay- ment, and Exports are bought for Cash.
ACCORDING to the context of the following arti- cle, extracted from a Moxican periodical, it appe that th War between the United States and M. Ico or the origin of which we heard a short tin since, has already terminated.
Flag Ship, United Sta Monterey Bay, October 21, 18 To H. E. Don Juan B. Alvarado.
and
to Sr. Captain Don Juan Maria Silva. Gentlemen,
THE Advices which I have received this more, leave no doubt that the recent difficulties be Chinnen the United States and Mexico, have bea amicably arranged and desiring to remove all occ sion for provoking the recurrence of hostile sent ments; I propose to reinstate in their former positio the Mexican Authorities of Monterey-to releas the embargoed Ships and put every thing in th preciso state it was found by me on the 10th ins Your Excellency and Captain Silva
Silva guaranteein that no injury shall be done to any native, or for eigner of the district, from being concerned in the late capitulation.
In reference to the above, we may remark that 1200
in our No. 45 and No. 46, will be found our views. 230
with respect th the probable consumption of FOR- 1,000
EION WOOL in China, and the kinds (from infor- 9000
mation we have received from the North) most 1000 1000 likely to be in demand.
100 150
100
1820
800
and
MANILA.
PORT CHARGES. Op foreign Vessels, 2 Rs. per ton, one half on such that neither load nor unload, cargo, besides Fees, amounting from 5 to 15 Dollars, according to size of Vessels.
WEIGHUS. The Pecul, equal to 1874 lbs. Spanish to 25, these being 2 per cent heavier than the English lb. (140 lbs English) the Quintal to 100, and the Aroba
By the Sydney Herald of the 21st January we
MONTES. The Spanish Dollar divided into 8. Reals perceive the aspect of commercial affairs is gener-and the Real into 12 Grains or 20 Cts. ally improving TEA, Hyson Skin is quoted £7 per chest. SUGAR Manila £18 to £20 and Tual £24.10 per ton. Considerable Sales of Cotton Goods, have been effected at very satisfactory rates, somewhat above 40 per Cent advance on Invoice.
Ar the Sitting of the Academy of Sciences of Paris on the 5th Septr. last a communication from M. M. Malaguti and Sarzeau, on the Calculi known under the name of ORIENTAL, OR Cow BE Zoans and which are formed of lithofellic acid. They announced that they have submitted this acid to the action of heat and obtained a pyrogen- ous acid, which differs from lithofellic acid by an equivalent of Water. They also announce the production of a lithazofellic acid by the action of nitric acid uporr the acid of the BEZOARS. The facts communica
by these Chemists are of great interest, as their
well followed no may perhaps end m quiring knowledge as to the means of neutralizing, or rather preventing the formation of the acids which form the bases of Calcul
MEASURES. The Cavan, which contains 5998 cu. bic inches, and is divided into 25 Ciantas. The Vara which has 36 inches, and is 8 per cent shorter than the English yard, by which latter cotton and other manufactures, are sold by the importers. A Corge is A Corge is
20 peices,
Import Duties. Spanish commodities by Spanish vessels pay 3 per cent ad valor am, and 8 by Foreign, Foreign commodities by Foreign vessels, 14 per cent and by Spanish, in general being 8 per cent under national flag from Sincapore, and 9 from China Spir its and strong Liquors, produce of Spain, by Spanish Vessels 10 per cent, and 26 by foreign, if they be For eign produce by Spanish vessels, 30 per cent, and 60 by Foreign Cider and Beer, produce of Spain, by Spanish vessels 3 per cent, and 10 by foreign if ther Foreign produce by Spanish vessels, 20, and 25 by Foreign All Spanish Wines by Natio per cent, and 8 by Foreign. Fore
sels, 40 per cent, and 5
which pays by Spanish and 14 by Foreign. Cotton
The forces of the United States now occupyin the Castle of Monterey can be embarked at 4 o clock, in the afternoon or when Captain Silva is pre pared to take possession; at which time the Mex ican flag shall be rè-hoisted and it will be saluted by the American Squadron. All hostilities on both sides will now cease.
Signed THOMAS A. JONES Commander in chief of the United States Naval forcos in the Pacific. The periodical from which we have copied this document says.
Which, we have co
"Here we have a tragicomedy in four acts all in thirty hours. A shameful occurrence for th summons, capitulation, oecupation and restoration, Commodore, and greatly depreciating the wonte circumspection and foresight of the Cabinet Washington.
Semanario Filipine
CAPT MARRYAT'S NEW NOVEL "PER- CIVAL KEENE the last production of the au- thor of "Poor Jack," "Jacob Faithful," &c., was published at the NEW WORLD office in a double number, at five o'clock last evening, and will THIS MORNING be for sale at the office, 30 Ann street, and by all the news-boys. This is the first American edition, and the only perfect one which will appear. The copy, from London, was received at 11 A. M. Monday, and the work pub- Span Jished as above yesterday afternoon. A three- sign, except | volume Novel, which costa
re-issued here in the ty hours for cents
3
black, blue
le 3
218