The Alexandria correspondent of the Morning Chronicle says that "Mr.
Bourne, President of the Foreign Letter Office, sent out by Viscount Lowther to enter into a postal treaty with 31ehernet Ali, about ten months back, returns by the Oriental; his mission having entirely failed," on account of the Pacha's ob- stinate determination to monopolize the conveyance of passengers through Egypt.
The City writer in the Times reports that the merchants construe the com- mercial news from India favourably. "Some time ago, the accounts were in- variably to the effect that the markets were overstocked with British goods, and that the trade with our important possessions promised to be anything hut remu- nerating. Now, the demand for our manufactures appears to be on the increase, and prices are reported as having an upward tendency. The advance of freights at Calcutta shows the expectation of an increased export-trade, on account of the reduction in the Sugar-duties."
It is stated that the British trade at Shanghai, in China, during the last year, amounted to nearly one million sterling, in a barter of silks and tea for manufac- tures.
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