The Express.
London, England, 1855-03-20 00:00:00

INDIA AND CHINA.

We have received our despatches from India and
China, in anticipation of the Overland Mail. The
dates are those given in our telegraphic summary of
Saturday last : Calcutta, Feb. 10; Bombay, 17;
Canton, Jan. 21; Hong Kong, 22; Shanghai, 16.
The following is from the summary of the Bombay
Times :
Perfect tranquillity reigns throughout India, and
there is every prospect of long continuing to do
N. Some time since it was stated that Tagehund, in
the/Cohan, had been occupied by the Russians ;
whereas we are now assured that Tagshund
has not been occupied by them, and that no
all/bi&DB are within two hundred miles of the place.
A force has certainly arrived within some days'
much of Khivs, but no Russian agent has been
within reach of that torn. The Shah of Persia is
unremitting in his endeavours to effect an alliance
with Bost Mahomed. The latter some time since
mint one of his courtiers on a secret political)
Weldon to Persia ; he lately returned to Cabal
with costly presents from the Shah to the
Dolt, and a gracious and flattering letter,
fa which, among other things, the Ameer pro-
Win to restore all the territory wrested from Cabul
Persia. The Meeranzaie expedition has not left
Peshawar, but arrangements are in progress
ix its departure. The mountain train had)
been warned for service, as well as a company
of European artillery. Oar advices from Burmah
are to the 23rd ult. Orders have been issued
by the commissioner for two vessels to be ifs readiness
be Jose next to proceed to Ava, whither the embas-
sies have already gone. They were so hard pressed
he saw at Rangoon, previous to their return to
Ava, that one of them was necessitated to sell a
handsome gold watch, presented to him by theGover-
nor-General, for 120 rupees, about a fourth of its value.
The Oude territories continue to be distracted by in-
ternal feuds. The state of affairs all over this country
is grave and menacing. Several engagements have
taken place, in one of which the enemy lost 60 killed,
and the government troops only 12. At the capital
Colonel °sari= was winning golden opinions,
the King and people both feeling satisfied with
and reposing confidence in the Resident's sound
and impartial judgment. It is reported that
the long talked of annexation of Oude will take place
shortly, and that a pension of half the revenue
realized from the Onde territories will be granted to
the King. Nothing of importance lye transpired
lately in the Nizam s country. The Resident has re-
turned to the capital from a short tour in the ceded
districts. At Calcutta the two great events to
be recorded are the opening of the Exhi-
bition, and the official inauguration of the Railway.
The distance to Burdwan and back-132 miles—was
accomplished in six hours. The Legislative Council
performs business regularly with open doors, and the
debates are published in the newspapers. Lord
Dalhousie proceeds to the Neilgherries solely
on account of ill-health, and is daily expected
at Madre" from whence he will proceed,
down the coast, making the journey overland
from the nearest point to the Blue Mountains.
The Bank of bengal has raised its rates, the advances
being caused principally by the despatch of • large,
quantity of silver to Bombay and the Eastern ports.
Government, it is said, have it in contemplation to
open a new Four per Cent. loan almost immediately,
and this will have the effect of still further In-
creasing the strain upon the money market. The
Madras Railway is proceeding rapidly apace.

COMMERCIAL INTELLIGENCE.
BOMBAY, FEB. 16.
We are sorry to report a further decline on alm.mt every
descripti.n of British manufacture., as nvieed by the sales
reported daring the past fortnight. Each succeeding sale of i
shirting' shows a decline of to 1 anna per piece. or in all
nearly 2 to 3 manes during the fortnight. Holders still
show muehtnzisty to sell, and the buyers take advantage
of low rates. The business transacted la on a very large
utast, especially is grey goods.
Cotton has dadised slightly in value : some lots of Dhol
lore have boss parahased at Rs. 68 to 70, and Brooch can
be pereinestil at Es. 76 per candy, but not of good quality.
New imam has not yet arrived; and the good de.criptions
bays suilbawl mush by the recant unsea.onable weather.
Mosey enstlimes in good demand, and, although by no
means shwadaat, can still be had on easier terms than
formerly.
Exchange on the arrival of the China Mail reached 2a.
111d.' hut bas sines gradually declined, and may now be
agseted 2s. Old. for credits, and 2s. Id. to 2s. Iki for docu•
Meats.
The rats of Freight to London has gone up to 31. 16s. for
• and 41. for linseed to Liverpool. This rise is owing
Bosoms verde haying been taken by government for con-
voying troops and invalids. To China we quote Rs. 18 per
day
CALCUTTA, Fan. IL
We are still unable to reportiosic NM.
iraprovemeat an can
market for British einem pis°. The demand
Use's lauri4, end Owe la lit bawds& ea the psis
of native Auden le ester into any treeesedens movassit.'
What is VIVA nay taken is to supply bistediate wants,
sad sitheush the advic's from *es* snaky markets are
not acrgoommilida, ths taartwabg of the money
market end a w failures emswest the native literalism.
have created sane slarm,und initecoldeslese te toenail their
operations fora that.
There have not been many buyers of bills on England,
and tits traasestions reported are rather limited; in con-