The Express.
London, England, 1861-08-05 00:00:00

TO ODE READERS.

SPORTING INTELLIGENCE.

A !site edition of the E.epress is published every
eveuisg during the racing season, containing the
results of the day's races.

FROM the text of the Commercial Treaty be-
tween Franco and Turkey, made known through
the columns of the Monikur, and which in its
essential provisions is identical with the new treaty
between England and Turkey, it appears that the
Porte has consented to abolish its system of duties
on exports, but nut immediately. On the let of
October, 1861, all goods will be charged 8 per
cent. on e‘purtation, and this rate will be dimi-
nished by one per cent. each year for seven years,
leaving merely a duty of 1 per cent to cover the
expenses of administration. Import duties ma
fixed at S per cent ad ralor,m, and transit duties
will be but 2 per cent.

It cannot be said that the Turkish Government,
in abolishing its tax on exports, makes any conces-
sion or favour to other European countries. The
change was demanded by Turkish interests, se-
riously affected by the decline, and almost
suspension of trade. Thu derangement of
the monetary- system throughout the em-
pire may be the chief cause of this,
but the Iligh rate of the export duty greatly
augmented it. The Turks can only purchase the
necessary supply of cotton clothing from England
by selling to the English merchant their corn and
raw produce. An export duty of 12 per cent.
was calculated at certain times and prices of the
market to suspend this sale altogether. We find
by the late returns that it is not only the Ameri-
can market that has been closed to us. During
the first five months of the present year our ex-
port of cotton goods to Turkey has been but one-
half of that of 1859, and one-third of that of
1860. We have found other and various articles
which the Turks are glad to have. They take
copper from us, and even East India rice, which is
strange enough for a grain-producing country.
By the treaty of 1838 the 12 per cent. export
duty was conceded to the Porte, on the ground
that it would enable the Turks to open roads,
facilitate communications, and remove their many
obstacles in the way of internal trade, which are
almost as formidable in Turkey as in China. We
fear that the Turks have but a small amount of
progress to show daring the time that has elapsed.
And it is the opinion of competent judges that the
Turks themselves are not to be looked to for the
completion of these or of any improvements.
" The indispensable condition of the free de-
" velopment of the resources of the country with
" a view to exportation," says Mr. Losilwesrn
in his Report, " is the improvement of communica-
" Um: by railways, roads, and internal navigation.
" Now if those objects can be achieved by native
" skill, enterprise, and capital, foreign romps-
" nice meat have the direction of all such under-
" takings, and, above all, the control and
" management of the funds connected with them."

This node, however, of regenerating Turkey by
means of foreign capital and foreign companies has
received a notable check from the circumstance of
the task not having been left to purely commercial
Itterests. Frame has undertaken to open the
Isthmus of Sue; and it has established a line of
steamers to run up the Danube and the Keay;
so as to compete with the Austrian company.
Russia tried something similar with steamers on
the Black Sea, which failed, as every enterprise
must fail which seeks to attain political ends
under commercial pretences. The result is that
the Turkish Government must necessarily look
with suspicion rather than favour upon these
specious attempts to open her territory and vim-
muniostions by means of foreign wealth, enginetrs,
and workmen.

France by the present treaty not only stipu-
lates that the transmission of ita goods through the
interior of Turkey dull be subject to no obstruction
or tax, but that the commodities which it sends to,
or gets from, the Danubian Principalities and
Berrie, shall be likewise exempt from any duty,
save what they pay in those provinces. No duties
are to be charged upon French merchan-
dise passing the Dardanelles, the Bosphorus, or
the Salina. The Porte, no doubt, retains the
right of search, to prevent the introduction into
those parts of its dominions of what it may
consider contraband of war. Wit the Clauses 6
and 7 of the Treaty will be considered a de
jure recognition of certain very important and
independent rights hitherto enjoyed de facto by
these outlying provinces. England, when it con-
cluded its filet commercial treaty with Turkey,
took a diirerent view. It can now take no other
than that which the Porte has conceded in its
Treaty with France.

A. it. customs form but from one-fifth to one-sixth
of the revenues of the Ottoman Empire, the abolition
of the export duty, gradual as it is arranged to be,
will amount to no considerable financial change.
Indeed, the lowering and fixing of the import tariff
will probably give au increase to the receipts fully
equal to the lees by the export duty. And there
will then, perhaps, be no necessity for what was
feared, the expansion of the present 'tobacco end
salt tax into a regular and onerous system of
excise. Where the government would most feel

•
the effect of the alteration met be in the port of
Constantinople, where tb6 proceeds of the cadet=
are always so handy and desirable a resource.
Any diminution there would, however, be fully
made up, if the government could exercise the
power of levying an indiscriminate tax on all
houses and shops, whether of Turks or foreigners.
But the Per, trader or shopkeeper pleads ex-
emption on the score of his nationality, and in-
vokes the Capitulation with the Crown that he
belongs to: We have looked in vain through the
Treaty with France to find a word on this subject,
one of the most important and intricate of those
which have to be solved. The taxing power is
so mingled up with the juridical, that it may be
difficult to grant the one without endangering the
other; and both are included in the great ques-
tion of the Capitulation.
On these there exists much difference of opi-
nion. The same dispute exists at Calcutta u at
Constantinople. Can you assimilate in jurisdic-
tion and in all else, native and European races ?
We much fear that the question must be answered
in the negative in both places ; but this need not
prevent the doing away with the unnecessary im-
munities which the capitulations confer often upon
the most worthless foreigner in Turkey. As to
taxation in the capital, however the English might
reasonably protest, the French, who compel every
subject of the Porte that trades in France to pay
their Patent tax, could not object to reciprocity.

DVRTNII the last two or three weeks the general
tendency of the foreign exchanges has been such
as to admit of the accumulation of some amount
of bullion in the Bank of England. It is true that
the addition is not very large, being limited to
618,565/. in a fortnight. Neither is the total
held by the Bank-12,196,7081.--sufficiently
im-
portant to encourage sanguine views respecting
the future course of the money market. Never-
theless, the tendency is still favourable. The ex-
changes with the Continent exhibit no signs of
deflection, notwithstanding the removal of the
forcing power implied in a 6 per cent. rate of
discount, to which many persons were disposed
partly to attribute their late firmness. The ex-
changes with India are more favourable for us'
than for a long time past. The consequence is
that the Calcutta and China packet, which left
on the 4th inst., took only 94,4881. in
specie, and that, instead of drawing heavy
amounts of silver from the Continent, we are
now despatching thither what has been received
from the Vest Indies. Finally, the American
exchange has just experienced a further recovery,l
causing the shipments of specie by last Saturday's
packet to reach only 38,0001. It will not be
questioned for a moment that, just as the current
of bullion rules the money market, so the ex-
changes rule the current of bullion. The ex-
changes, in their turn, are the exponent of the
balance of trade, and we think we may do a ser-
ske if we call the attention of our reader' to-day
to some of the most recent trade statistics, which
go to show why the foreign exchanges generally'are
better. We have had to pay gold to the foreigner
because we have been importing enormously, but
there has latterly been a certain check to the
imports ; and, as soon as this is established, we
are no longer required to pay gold so largely. It
is a common remark—" The balance of trade is
" still against us. The Board of Trade
" returns show this. How, then, can we have
" any important accumulation of bullion, or any
" real relief to the money market I" There is
much cogency in these objections, and the readers
of the Ecpream will not say that we have
failed to place persistently before them the
cautions suggested by all the commercial statistics
for many months past. But, although the pres-
sure upon us, lately so severe, is not yet entire'y
at an end, it is important that we should not
overlook the indications which have newly arisen
that the wont is over.

Cotton and corn are the two great articles by
which trade and the exchanges are principally in-
fluenced. Representing an aggregate import value
of some sixty millions sterling a year, it may be
said that upon the movements in cotton and corn
chiefly depends the question of a low value of
money or a high one. First in order, we will take
cotton.

Notwithstanding the troubles in America—or,
more correctly, in ooruiequenoe of those troubles,
inasmuch as they have caused the supply to be
hurried forward to Europe faster than usual—
the aggregate imports of cotton this year have
been much above the average, and even above
those of 1800, the year of the greatest crop. For
the five months of the last three years tho figures
are as follows :

IN roan Or COITON.
Five mouths of law £12,044,233
1860 18,761,889
1861 18,9001,911
The money market has been distressed through
our being obliged to pay so much for cotton at
the very time when we had to pay far more heavily
than usual for corn. Yet we had no choice, for
the Americana, with dissension in view, hastened
to turn their produce into cash, and made it worth
our while to accommodate them by taking it. But
the imports of American cotton are now rapidly
falling off. For the month of June the quantity
imported frogs America was as under :

June, IQI
„ MO
, HQ «. 927,813
Thu ;bows that in June, the latest month referred
to in the Board of Trade tables, we had only
about half u much American cotton to pay for u
in June, 1860. The cotton imported from all
quarters WY :

Jean, 1859 „ 1,60.5,306 mtg.
„ 1110 2,102,048 „
„ 1821
Here, again, the decrease holds good, the falling
off in the month's imports from America being
scarcely compensated in any degree by an increase
in the imports from other quarters.
It will be gathered from these particulars that
we have got through what we may call the cotton
pressure upon the money market. During the rest
of the year we shall probably pay much less than
usual on this account. Our next trouble will per-
haps consist in the want of the article, not in hav-
ing a larger quantity poured in upon us than can
conveniently be paid for within a given time. The
effect of the decreaae in the cotton trade is imme-
diately seen in a rise in the American exchange,
and in a subsidence of that drain of gold to Ame-
rica which for the last eight months has been the
most powerful cause of disturbance to our finances.
As regards corn, also, there is evidence that the
drain is beginning to relax. As shown in former
articles under this head, we have latterly paid

enormous sums for food. For the first five 'nonth'
of the last three years the imports of flour and of
the various kinds of grain are stated as follows in
the official tables published at the beginning of last
week :

. -
Juno, 1R 59
„ IAGO 375,586
„ 1861

.... i 6,567.499

Y i.

I.

TRIV EXPRESS, MONDAt AUGUST 141.

foreign produce in such vast quantities, the
morwy market win necessarily dear and tight.
The first signs of slackening were in M►y, the
last of the fire months referred to, when the ar-
rivals of grain and flour were thus stated :

May, 1850 02383,454
„ 1860
„ 1861
The total in May was still exceedingly heavy, but
the excess, as compared with the ordinary course
of the grain trade in that month, is shown to have
been relatively far less than in the five months
already referred to. It becomes additionally inte-
resting, therefore, to glance at the extent of the
supplies in June, the latest month reported upon.
Here, the official tables give only the quantities,
and not the value.

The imports of wheat were :
June, 1889
11880
1861
Those of barley, oats, beans, peas, and Indian
corn, were, in the aggregate :
.111110, 1859
1860
„ 1861
And the month's imparts of flour were :

It is important to recollect that the ordinary
imports of grain and flour do not distress the
money market. They constitute a charge which
we are quite used to. It is only when we have to
pay suddenly much more than usual that the strain
is felt. Now, the figures above cited show that,
whilst the imports of breadstuffs for the first five
months of the present year were upwards
of nine millions sterling more than in
the five months of last year, and also
about nine millions more than in the
five months of 1859, the imports in the month
of June exhibited a comparatively small excess
over than) in the same month of the two previous
years. Here is at once evidence of some subsi-
dence of the exceptional pressure lately put upon
us from this source. This is a natural result of
the present reduced range of prices in the corn
market, as compared with those current at this
date last year.

AMERICA7'

THE BATTLE AT BULL'S RUN AND ITO

10131111113.

r The schooner S. J. Waring, which was lately
captured by the privateer Jeff Davis, has arrived
in New York. A prize crew of five men were put
on board at the time of the capture, and
the schooner was steered towards Charles-
ton, the steward, William Tillman, a negro,
two of thu seamen, and a passenger,
being left on the vesseL When within fifty miles
of Charleston the steward, finding the prize captain
and his first mate asleep, the second mate at the
wheel, and the seamen entirely unsuspicious of
danger, killed three of them with an axe, and, taking
command of the schooner, brought her safely to
Now York. But, strange as it may appear, the
negro was sent to the House of Detention as a wit-
ness.

A correspondent of the New York Herald, at
Grand Cayco, Turk's Island, writes, on the Bth
ult. :

An Bngliah frigate and gunboat have been cruising off
and on among these islands for the lest five days. They
notice no flags but the British, which they speak, and will
accompany them so long as a foreign ileg is in sight.

Another privateer had been seen lately off the
coast of Cuba. A New Orleans vessel was being
fitted out as a privateer in the port of Minatitlan,
Mexico.

NEW YORK, JULY 23.

- .
The New Turk Times, of the 22nd ult., gives the
following account of the commencement of the battle
at Bull's Run :

In accordance with preparations made on the night of the
20th, bred upon the knowledge gained by numerous recon-
noissances of the enemy's position after the battle of Bull's
Run, the national army was put in motion before daylight
on the morning of the 21st, and advanced in three co-
lumns, the main body passing Centreville, in the direction
of Perrysville, by which movement the position of the
rebels was outflanked. The head of the centre column was
preceded by a 30-pounder rifled cannon, to clear the way of
any masked batteries which the enemy might open, and at
6 o'clock the first shot was fired from it, which, however,
was not replied to.

Colonel Richardson commanded the column which took
the road to Bull's Run, where the tight of Thursday took
place ; General Tyler commanded the centre column,
which took the Warrenton mad; and Colonel
Hunter commanded the flank movement, by which
the main attack was made, the two other move-
ments being intended as feints. Our artillery made
various attempts to draw the fire of the enemy, but they
kept silent until nearly 9 o'clock, when rapid shots were
o:changed between the skirmishers. Soon afterwards
heavy clouds of dust were seen in the rear of the rebel
position indicating large reinforcements from Mansanis,
for which they had probably been waiting before
replying to the fire of our artillery. At half-
pest 11 the head of Hunter's column was dis-
covered acmes the Run, advancing upon the rebel
flank, and the engagement then soon became very
active. A constant roll of musketry marked his ad-
vance, while the artillery of the centre column played
ia-
oeesently upon the enemy, forcing them to f►ll back. They
made three attempts to charge with the bayonet upon our
troops, but were each time repulsed with great loss. Their
cavalry alao made an attempt upon our flank, but that met
with no better success. Our latest advice. direct from the
battle•ffeld report the fight still in progress. The losses in
killed and wounded on our side are very heavy.

The eorrespoudence of the Philadelphia Press thus
dtmeribes the flight of the Federal army from Bull'e
Run:

The panic became general, the scene was indescribable.
The Leavy teams, over HO in number, rushed madly on over
fields and fences, the carriages of citizens joined in the rush,
the soldiers filled up the throng, and the stampede 'nut com-
plete. It was not ordered, but a break was effected in the
ranks, and away they went. The road was filled with ac-
coutrements, blankets, muskets, provisions, Ac., thrown
from the soldiers, carriages, and heavy government teams.
Waggons broke down and were left, hones without
rulers were galloping over everything. Others with
traces flying in the air were meshing madly on. The
roads were filled with dust. Soldiers would give out and
lie down by the wayside, and there was no one to comfort
them. Some of the most resolute gathered up trophies
of the day, but the opportunities to do so were few, and
the danger was that of being run over by the teams rushing
on behind. On they rushed to Fairfax, and there the
panic was extended to those on duty and asleep. Ail were
aroused, and joined in the general stampede, and on they
came to the city, where these adventures as they are told
beggar description. All this is to be attributed to bad
management, not to a fault on the part of the men, who
fought bravely.

The New York Tribune says :—" General Lyon
had telegraphed to Washington., asking for rein-
forcements on account of the arrival of a large
number of rebels in Missouri."

The Federal War Department has forbidden the
enlistment of men unacquainted with the English
language.
At Baltimore, when the news of the defeat of the
Federal troops was received, the inhabitants withse-
cession proclivities were extravagant in their demon-
strations of joy. A large force of police and military
were employed, and prevented any violence against
the 10% ern of the Union. Several persons were
arrested, charged with acts inciting to riot.

The following are extracts respecting the battle
at Bull's Run, on the 21st :
WARRINGTON. JULY 20.—General M'Dowell had been
actively engaged in making a reconnoissance all day. The
scouts sent out from the left wing reported, about noon,
that they heard the locomotives and movements of trains of
can all the morning and fermium in the direction of Maims-
nut Junction. This information led to the belief that either
' reinforcements had come up from Richmond, or else General
Johnston's forces had arrived from Winchester and Stns.
burg ; and the latter seemed to General hi'llowell most pro.
bible; while General Scott dime not entertain the belief
that General Jobtaton has yet left the vicinity of Win-
chester. Since the engagement, on Thursday afternoon, the
union troops have been exceedingly busy erecting batteries
and mounting lung-range 32-pound gum. A flag of truce,
which was sent by General M'Dowell to the enemy's liues,
in order to recover our dead and wounded, was refused ant-
mission by them, for the reason, possibly, that they wished
to conceal the position of their batteries.
WAtIitINGTOS, JULY 21.—The Herald's Veda cor-
respondent furnishes the following despatch from the seat of
war of the early proceedings of the grand argil to-day :
On the hillside overlooking Bull's Run, Sunday, July 21,
10 a.m.—Lt was broad daylight when the division, of Cola.
Hunter and lieintzelmsn were fairly en route for their res-
pective positions. The movements of these columns were
watched anxiously from a high hill south of Centreville.
The men moved forward briskly, singing patriotic songs, and
with such spirit an would lead an uninitiated looker on to
suppose they were going to a feast instead of to a desperate
fight. Their long lance of glittering bayonets reflected the
sun's rays from the two roads they were following, and there
were anxious listeners as they passed out of sight iu the
woods that skirted the banks of Bull's Run. General
M'Duwsll accompanied Colonel Hunter's column.

At a quarter past six o'clock four guns were
heard in the direction taken by the head of
General Taylor's column, but whether fired by
his battens, or those of the rebels is not yet ascertained.
The columns praised on, regiment after regiment, attended
only by ammunition and hospital waggons and ambulances.
The time wore wearily away, and your correspondent .on.
Candid to turn his attention to the left wing, which was
facing the batteries at Bull's Run, attacked ou Thuralay.
About 7 o'clock Urge bodies of rebel infantry were seen
Sing into the thick wood surrounding these batteries, as if
to turn the left Bank of Colonel Miles' division. Lieutenant
Edwards opened upon them from an adjoining eminence
with shell and shrapnel from two 20• pounder rifled cannon.
After a few rounds the evidence of the prisience of the
enemy ceued, and firing was suspended. Soon after wards
your correspondent and another proceeded some rods beyond
the outpost picket accompanying Colonel Itichardsou, and
discovered large bodies of infantry in the wood, within
musket range. Two pieces of Major Hunt'. battery of
light artillery had been placed in position, and opened are
with shell and shot, which drove them heck from the point
where they were so saucily showing themselves.
WASHINCTOX, JeLY 21.—A most severe Little was
fought to-day at Bull's Run Bridge. The conflict was dca•

pent!, lasting over eleven hours. The programme, as
stated in the first despatch from Fairfax Court-house, wee
carried out until the troops met with a succession of masked
batteries, which were attacked with vigour and success,
after a severe lose of life. Our troops advanced as follows;
—Colonel Richardson, who distinguished himself in the
previous engagement, proceeded on the left, with four regi.
ments of the 4th Brigade, to hold the battery on the hill on
the Warrenton-road, in the vicinity of the place where the
last battle was fought. The flank movements were des.
Bribed in the first despatch. Scheock's and Sherman's
brigades, of General Tyler's division, advanced by the
Warrenton-road, while Colonels Heintralman's and Hun.
tees division took the fork of the Warrenton-road to move
between Bull's Run and Manassas Junction. Colouet
Keye's brigade remained at Centreville. Information was
received by General Tyler's command of the existence of
the enemy's battery commanding the road. Our troops
were then formed in battle array. The 2nd New York and
Ist Ohio on the left, and the 2nd Ohio and 2nd Wig.
cocain, and the 79th, 13th, and 69th Regiments of New
York on the right. The first range gun was fired by Sher.
mans battery, at 10 minutes to 7 o'clock. The rebels did
not return his shot until an hour and a half afterwards-
When Colonel Hunter's division came up ►nother battle
became general. Colonel Hunter's movement to gain the
meet the enemy was almost a success. The enemy's position
was opened on by several of Carlisle's howitzers, followed
by slight skirmishing. The rebels rapidly received reinforce-
ments from Manassas Junction after the attack was opened.
The battle consisted of a succession of firm from masked
batteries, which opened in every direction (when one was
silenced its place was supplied by two), and in the daring
charges of our infantry in unmasking them. The 2nd
Ohio and 2nd New York Militia were marched by Rant
through the woods by a new made road within about
a mile of the main road, when they came on a battery d
eight guns, with four regiments flanked in the rear. Our
men were immediately ordered to lie down on either side of
the road, in order to allow two pieces of artillery to pass
through and attack the work, when this battery opened
upon us, and killed in the third round Lieutenant Dempsey,
of Company G, New York Second, and William Maxwell,
a drummer, and seriously wounding several others. Our
troops were kept from fifteen to twenty minutes under a
galling fire, they not being able to exchange shots with the
enemy, although within a stone throw of theirbetterice. They
succeeded in retiring in regular order, and with their battery.
The most gallant charge of the day was made by the Sixty.
ninth, Seventy-first, and Thirteenth, who rushed upon one of
the batteries, firing as they proceeded with perfect eclat, and
attacking it with the bayonet's point. The yells of triumph
seemed to carry all before it They found that the rebels
had abandoned the battery and only taken one gun, but this
success was acquired only after a severe loss of life, in which
the 69th most severely suffered, and it was reported that
Lieutenant-Colonel Norma was amongst the first killed.
The Zouaves also distinguished themselves by their spirited
assaults on the batteries at the point of the bayonet, but it
is feared that their loss is immense. A Missiihippi
soldier was taken prisoner by Hasbrouck, of the Wisconsin
2nd Regiment He turned out to be Brigade-Quarter.
master Pryor, cousin to linger A. Pryor. He was captured
with his horse as he by accident rode into our lines. He die.
covered himself by remarking to Hasbrouck, 'We are get.
Ling badly cat to pieces." What regiment du you belong tor
asked Hasbrouck. " The Nineteenth liissisaippi," was the
answer. "Then you 'are my prisoner," said &abreack.
From the statement of this prisoner it appears that
our artillery has created great havoc among the
rebels, of whom there are from thirty thousand
to forty thousand in the field under command of
General Beauregard, while they have a reserve of seventy.
five thousand at the junction. He describes an officer mod
prominent in the fight., distinguished from the rest by his
white horse, as Jeff. Davis. He confirms the previous re•
ports of a regiment of negro troops in the rebel forces, bat
says it is difficult to get them in proper discipline battle
array. The position of the enemy extended in three lines
in the form of ► triangle, the apix fronting the centre of
our column. The area seems to have been filled wit►
masked batteries. At seven o'clock this evening gum were
still heard tiring at short intervals.
WASHINGTON, JULY, 22.—Our troops, after taking,
three batteries and gaining a great victory at Bull's Run.
were eventually repulsed, and commenced a retreat on
Washington. After the latest information was received
from Centreville, at half-past 7 o'clock last night, a
series of unfortunate events took place which have pieced
disastrous to our army. Many confused accounts are pre.
valent, but texts enough are known to warrant the state.
ment that we suffered severely on account of a most
unfortunate occurrence, which has cast a gloom over the
retreating army and excited the deepest melancholy through-
out Washington. The carnage is very heavy on both snag.
Our union forces were advancing upon the enemy and
taking his masked batteries gradually but surely, by
driving the rebels towards Nemeses Junction, when they
seem to have been reinforced by twenty thousand men un-
der General Johnston, who, it is understood, then took
command, and immediately commenced driving us back. We
were retreating in good order, the rear well covered with
a solid column, when a panic smoug our troops soddenly
occurred, and a regular stampede took place. Before that
all our military operations went swimmingly on, and
Alexander was about erecting a pontoon across Bull's Rim.
The enemy were seemingly in retreat, and thee batteries,
one after another, being unmasked, when a considerable
consternation broke out among our teamsters, who had
incautiously advanced immediately after the body of the
army, and lined the Warrenton-raid. Their consternation

was shared in by numerous civilians Who were on the
ground, and for a time it seemed as if our whole force was
falling back. Ahoy luggage waggons were emptied, and
their horses galloped across the open fields, all the fences
of which were turn down to allow them a more rapid
retreat. A perfect panic prevailed moue the waggoners,
which was communiceted to the vicinity of Centreville, and
every available conveyance was seized upon by agitated
citizens who had come out to see the battle. Wounded sol-
diers cried on the roadside fur assistance, but the alarm was
so great that numbers were passed by unheeded. Several
similar alarm. ,occurred en previous occasions, when •
change in the rebel batteries rendered necesairy the retire-
ment of our artillery, and it is moat probable that the alarm
was owing to the Name fact. The reserve force at Centre•
vale was immediately brought up, Col. Einstein's Tweuty-
seventh Pennsylvania animist, with two guns, marching
drat. Then the Garibaldi °wird sod Colonel Meeker's
First Ride Regiment, with its ride batteries, followed at
several miles distance by the De Kalb Regiment. When
our courier left, at half•pnst 4 o'clock, it was in the
midst of this excitement. Two new masked batterie4 Lad
bees opened by the rebels on the left dank, and that portion
of the division bail its line broken, and demanded imme•
diate reinforcement. The right 'hulk was in good enter.

The battery erected on the hillside, immediately opposite
the main battery of the enemy, was doing good executions
and additional gone were being mounted. On the arrival
of the courier at Fairfax Court-house he was overtakes
by a government messenger, who reported that our army
was in full retreat towards Centreville. Ile was followed
by lose agitated parties, who stated that the report of
the retreat was owing to the fact that the alarm among
the teamsters bad communituted itself to the volunteers,
and in some instances to the regulars ; that the lines were
broken, and that a retirement of our forces a.•.ras Bull's
Run was rendered neosesary. Colonel Hunter passed st the
same time in a vehicle, wounded. It was known to our
troops at the time of the battle yesterday that (lepers/
Johnston had formed a connexion with General Beauregard
on the night of the first action at Ruing Ruu. Our men
could distinctly hear the tars coming into Idainuisas Jamaica,
and the cheers with which the rebels bailed their newly-
arriving comrades.

The enemy before now might perhaps have more to least
of if they had followed up their advantage last night. Errol
the statements of Quartermaster Pryor, a rebel primmer, it
appears that our artillery created groat havoc among the
rebels, of whom there were from 30,000 to 40,000, including
a large number of cavalry, in the field under the euinmod
of Beeuregard, while they had a reserve of 75,000 at the
junction. Owing to reinforcements from Richmond, Stmt•
burg, and other point', the enemy's effective force was over
90,000 men. Griffin's West Point battery was taken by the
enemy, awl the eight siege 32-pounder ride cannon, 11.0
latter being too cumbrous to remove. They were tae
miles the other aide of Centreville. The Rhode Maud lot-
tery was taken by the rebels at the Midge across Dell's Run,
where their retreat was cut off. Their horses were sal
killed. Captain Ayree battery was also reported as lost.
The 69th and other regiments frightfully suffered in killed
and wounded. The number cannot now be known. It W
reported that the Black lions Cavalry made au attack on
the rear of the retreating army, when the latter tumed
and fired, killing all but six of the amsallieg party. It was
the remnant of the Zouavea who wore attacked by the Mark
Horse Cavalry, and repulsed them, leaving but sit to
return. The 71st New York Regiment Let stoat

la their 11011. Ratify all the pi ovi. Ma trains belonging
~ the United !Qat.. goverment wvi• eared. Some regi-
awstal trains were overturned by accident, Of the whack,
cam alr. end they bed to be abandomiL Large droves of
cattle ware -,red by being driven buck iu the: advance of the
toes:-at. Colonel Marston's New Hampshire Regionest reached
kern this morning. He was wounded. t ',dosed Heintzelman
~. also wounded in the wti.t. In addition to those
...fled yesterday, it is said that Colonel Wilcox, the gal-
led LVIIIInAmIer of a brigade, was wounded ; also Captain
g,5•,...k, a brother of Colonel lowo.k, of Ohio. Colonel
',reborn and Meter Lacier, of the &mem, am not killed,
I .it badly worooksl. Colonel Ifunter's division suffered
...t severely. Colonel Heist:claim wad wounded in the
ore.. The bullet wad extracted while he we. still upon his
Laconia:at Homy Abbott, of the Topographical
boil his hone shot under him, the ball grazing
leg. Vol. Mar ton. of the Second New Hampshire regi-
went, lost hisses. ('apt. Ricketts, of the Artillery, and two
%As fork regiments, have gone over to Virginia.
flue city this motaing is in the most intense excitement.
1:1011p1 an everywhere gathered, iapairing the latest news.
lota telegraph and stranibuot communication with Alm,
aridria are suspended toelay to the public. The greatest
,larni exists through. .^t the city, ensvially among the
female ponies .4 the population. Such of the %sounded ea
sere brought to the Centreville Hospital were left there,
aftei liana; their noun Is properly dressed by surgeons.
Waggons are .-ontinually arriving, bringing in the dead end
iesio ed. soldiers rue relating to greedy listeners the
deplordde events of last night and early this morning. The
1. cheer, awfully ilistreisio.t. It is probable that the num.
bet .4 killed mid wounded is magnified by large numbers
•h.• are mi—ing, prol.,i,ly wendering through the woods.
The low. .t estimate Ills, be placed at 4,000 to 5,0110. It is
represented in many quarters that the Ohio regiments
showed the greatest ernisteruation, probably from wait of
cooblence in their commanding officers. It is known that
on the day previous to the battle a large number of them
publicly protested against being led by General Schenck,
and it was only through the importunities of OA. MM.:auk,
in whom they placel all emblems, and other officers, that
they wen pneniksl from making • more formidable rebel.
boo. It is .uppowal hors to day that l.eneral Mansfield will
take commend of the fortifications on the other side of the
river, which enable, it is ual by military engineers, to hold
them ageismt any foroe the enemy may lo mg 'onion them.
Large rifled .annn and mortars are being rapidly sent over
sal mrnintesl. The troops are resuming the occupation
of the fortifieotions not eotrenclimenta on the line of the
Poteuia It is vaguely reported that General Patterem's
simian arrived us the ar... of Manama. this morning,
and ennoiseneni en intadi the rebel force'. He was
withie twente.five miles of the tattle ground yesterday, but
the exhausted emlition .4 his men prevented him from
comm.t to the aid of 31•1x.well. It is also reported that
four th5i...0.1 of our troops have been scut back towards
hirfas from the other side of the river.

Ad. horn W5.1ain..3.,0, ut the Vol, data that the
t u. 4 follow op the Federal faeces. All the
bat.", at Washhortou were crowded, sod surohen of sol-
diers were ',Airs( about the streets.

The ("Hosing are the Confederate accounts of the
eugavinent

Rirmworrri, Va., Jrtr 21, New (Motor, Jul• 22,
lull. fight ronien•ove.l seer Itseasass at tour o'clock
lb.. iisoreurg, sad became (espial about twelve. It siser
imolai till A bon t ways, w►oa the Federalists retired. Isevieg
a• a oraro-wisi d Use 641. `4lierman's lottery et Light
Artillery was takes. It •-... • tentl4. Lett* with grim
slaughter ye both sides. It is inipoesible to give details to•
sight.

IePIPAD, Jr I.r 22. 1461, red New Orleseit —The reports
tithe Wieland wounded were eo unreliable Wit night in
statement, gic to the spew ice following the victory at
Xaniwkaa, I n•frAinea seentleeiag them, being fearful of
final; e.merlea. pan to armors beery General Beanie.
pr I eel stall are vole. Gonna liveasepas bone wan
abet molar hint.

lieloond Jobastoa coeunanded the left, when time many
rade erre tlereeot attach. (horrid Beauregard comesseisei
the light. Pereident Uas i. meleal the field at ems, sod
took ventral of the mom Wks the left eve pima
the severest, the metre eareced a poetise of the emeaty's
Nee% sod 4.'6401 the footman of the day. No (141 r re-
-161.6 reports an temivad, hat are h.esely repeated. It is
Meted that the etratay 0.• coatrunoded by Generale Boon,
l'Attor...•, sad 3111toontll ; aad it to reportedthat the latter
i. •behtly troeoled.

JULT 22, lreil -The War Depariaieut
received from Lwi.cdle, Keutucky, the following
copy of a &mat. from General Ileauregaril to Jefferion
Avg:—The battle I...ited from roue o'clock till four. We
have pourawoo of the ticl.l—the lowi on both sides ie boroeue.
railer the rircumstine• • this is truly a modest dampish,
for at that hour the victory wu our,

(()MMELCIAL LN TELLIG VICE.
NEW YORK, iCLT
Es change on London.—Bankers' bills, 1071.
Stocks dull. Erie, 24 ; Central, 63 ; New
York Central, 75k. Cotton firm. Middling Up-
land, 16c. to 164 c. ; breadstuffs firm ; provisions

BANK or EqYPT.—(THIS DAY.)

An eitraorilivary general meeting of the ahem-
holden was held at 1 o'clock, at the London Tavern,
Yr. Tirr. Ai the chair.
The report for the haq.year June 30 stated that
the debt due from the estate of the late El Hunt Pucka
had been reamed to 30,000/., inclusive of interest,
and this balance was amply secured. Of the other dapeu-
&nese,: mentioned in the last report, a considerable sum had
been radiant, although with the menace anticipated,which,
however, the directors had been able to meet without in-
Maxis( on the reserve fund. They had severthelem
thought it prudent, net of the present half-year's pronto, to
set aside • further sum to provide for any loss which may
be experieoreil in the settlement of the remainder. The
amount studio; to the credit of profit and lose was
1:447W. lite 4d., which enabled the director, to recom-
mend the usual di. ideurl at the rate of 7 per cent. per
annum for the half-year, free of income tax, leaving
3,7Wr. lfa. 4d. to be carried forward to the next account.
Jo conclusioo, the directors acknowledged the highly homier.
aide conduct cud friendly support which had &sracteriaed
the of his Highness the Vicar iy in all matters
counedial wi the settlement of the late prime's debts.
neteninalg ea. the balance-sheet imbibe:lithium
: Capital paid up, 290,003 f. ; renew land, with
interest te date, 10,9911. ss. ; bills mad& 177,7541.
id. • arrest and other accounts, non les. 9d. ;
and lean (balance as below), 12,A479/. 10• 41 ; total,
111. ed. Assem : Csh, LL lat. lid. ; bile
receivable. 149.2471. fta. ld. ; government monrities
demi tri,0771. la. 104.; othstesouritiee, 143,3171. 17s. lt.hL;
ofies furniture, MX lfia. 6,1. ; preliminary smarm
2,000 f. ; total. 544,1131. 12a. 114.
Profit oat Lose.— Dr. : To dividend at the rate of 7 per
cent. per nnnnm for the ball-year, payable ou the fish
14.7500.; to balance carried to nest wvotint„ I
lUa. 4.1. ; total, 12,47 W. 10e. 4d, Cr.: By
net profits for the last six mouths, after pro-
viding fur had anal doubtful &Ma, rebate of Mersa, carnet
expenses in London and Egypt, and directors' remuneration,
12,4791. yule. 4.1. ; total, 12,479/. 10a. 4d. "Tae foregoing
aceouats have been examined by as, and compared with the
hooks at the Mike, and the balance statement from the
mesegers he Egypt, sod we hereby certify that the mid
womb am correct.- GP.ltulg WILLIAM HORS, HaNNT
LLOYD MORGAN, Auditors."
The CILUILIIAN, is moving the adoption of the report,
add it was satisfactory to know that the difficulties into
which they hail been plungedby the manager is
Zppt Md been so suoricrifully met. The debt
watch ma minimally contracted by Prime El Hams
Nein was 162,009 r., and that was now reduced to
MAW. lathed,' of interest, which is empty secured.
The cendset of bin Highness the Viceroy was that of a man
of homier and a man Ismael', And &vernal the recogni-
tion of the co:Rpm r. The bonnets of the back for the last
nix mouths was satisfactory, and he saw no reason why the
hopes which had been rot. rt.ined when the Bank of Egypt
was ortabliehol. n'4 be realised.
31r. Aewretroirgswomlwil the mut osi. which was adopted,
sod a disabled at the rata stated iti the report was declared.
.1 rote of thanks to the chairman and directors terminated
the burins'''.

FUNCHAL or THE MAI or Br' KINGHA34.—(THIS
Dir.)—The mortal reaming of the above lamented adds-
aim wire interred Ia tbt aattstrai Taut{ a$ Wolk;
Inas, today. he body was moored at aa emit
boar this morning from Mr. and Ledy As.. Gore Lang.
Ma's, in Gromenor.einara The Dueller aad lady As..
Gore Lagoa awl family had left for Wonlos Home.
Thee Deka sad Mr lanzton accompanied the body to the
enetry mat. The Buckingham Vcomeary Cavalry, ef
which the late Duke wee ooloael, *Waded the foamed aad
Performed the nasal nature hoseum.
RAILWAY •ICD °THAW BILLA.--0( the 280 bill.
for railways sad other purposes iotroduced at the man.
aeneament of the ererioa, abort oae•half have either boa
stadia ar Madmen:.
Nurnal.wAss AND GILA. 11111•31 RAILWAY.—n is
Peamed to lINMP the Nontiashaen sod I:rantham Railway
mei Laid teal Great Northam Railway.

MIDDLESEX SESSIONS.
(THIS DAY.)

mentlas geral evasi of the pece
thififial ofthe
pi 'ambersAugust forne offencesons committed ill ta he
ciennty d Middlesex commenced at the Seasiomi-liou.e,
Chwkaawell.green, before the Assistant-Judge and a bench
of megitrutce.
The calendar, owing to no sewinne having been held since
the 13th ult , la rather heavy, and cattails@ the names of $1
primers for trial, 72 beiog committed on charges of felony
and mine fur miadenieaoour.
The education of the primmer* is thus defined in the
column+ of the calendar : 17 can neither reed nor write, 24
can read, can read and write imperfectly, and four can
read and write well.

The grand jury having heen addressed, the ordinary till
of prisoners w..s proemial with.