Northern Times.
Liverpool, Merseyside, England, 1857-12-15 00:00:00

THE NORTHERN TIMES.---LIVERPOOL, TUESDAY, DECEMBER 15, 1857.

of his plans of revolt. Caarnaraia city had declared for
him.

From the Sandwich Islands we learn that business was
very brisk, aid general prosperity prevailed. The whaling
fleet had just begun to arrive front the Arctic, Kodiac, and
Ochostk grounds, and report success equal to last season.
.There were thirteen American whalers at Honolulu on the
sth et October. The bark Newton, of New Bedford, was
lost in 3,riy, She had had only one whale. Her captain
(Shemin) was iii. Trade was very lively at Honolulu.
The King had been inii:!ated as a Freemason. A report
to the effect that the Russit:n Government had ordered
Americans to quit fishing in thd sassian waters, was not
credited.

The news from Japan is very interesting, Several
American whalers had touched at Hakodadi, and the
masters were well pleased with the port and their recep-
tion. Tae governor had had a sailing vessel built after
an American model, and had contracted for a steamer.
No preference in trade was shown to the Dutch or Chinese,
but there was a large native trade with Hong Kong. The
sale of ardent spirits on shore to sailors was forbidden by
law.

LATEST BY TELEGRAPH via HALIFAX.
NEW ORLEANS, Dec. 1.

Our cotton market has been stiffer to-day, but with-
out any quotable change in prices. The sales were 8,500
bales; receipts to-day, 4,300 bales; stock, 208,000 bales.
The receipts at this port up to the present time, as com-
pared with those of last year, fall short 153,500 bales; and
at all the Southern ports the deficiency is 324,000 bales.
Freights to Liverpool are id, and to Havre le. Sterling
Exchange, 103 to 1041. Sugar steady. Flour dull, at 5
dols. Mess pork, 19 dole; market bare. Lard, in barrels
12,0, Yellow corn, 60c to 65c.
HALIFAX, N.S., DEC. 3, 10, P.M.

Tho 11)yal Mail steamer America arrived here yesterday
morning, the 2nd instant. We have received no telegraphic
dispatches from the United States since noon to-day, in
consequence of a derangement of the wires ; the Niagara
must, therefore, sail without our usual late report of the
New York markets. Commercial affairs in this city are in
a most unsatisfactory state. Three failures have taken
place dulkg the past week, and more are expected to
follow. lir

COMMERCIAL INTELLIGENCE.
NEW YORK, December 1.

MONETARY.—The large shipment of specie anticipated
for the current week, and the unsettled cendition of bank-,
icg affairs on both sides of the Atlan'ic, serve to kee? our
own market unsteady. The rates for foreign exchange, in
view of the obvious demand in England and France for
specie in ligaidation of balances, are becoming more firm.
The Banks show a slight curtailment of loans compared
with the previous week's report ; and the current rates
for business paper are yet exhorbitant. Capital is for the
moment abundant, where the basis for loans is ample ; but
money lenders are more inclined to loan upon stocks with
a liberal margin, than upon business paper. The ordinary
margin for Bankers' B lls on Ragland rarely varies per
cent. between the extremes, but of late there is a difference
of fully 2 per cent. ; wbLe some parties are inclined to
draw at 74-, others decline at anything under 91, which is
the specie par.—Courier and Enquirer.
Our last advices were of the 24th iaet. Those of to-day
embrace, only four business days, a holiday having inter-
vened. There is no striking change in the general
condition of affairs. The news or the Liverpool steamer
of the 14th inst., telegraphed from Newfoundland the
25th inst., has lessened the uneasiness which the previous
mail had left us. The suspension of the act of the charter of
the Bank of England, which removes the prohibition from
issuing bank notes beyond a certain limit, and the immediate
relief it produced, in turning aside an impending panic,
have been received with great satisfaction in this city,
nevertheless the next advices are awaited with impatience.
In the beginning of the week there was a recovery at the
Stock Exchange, from the downward current at the close of
our last advices, favoured by the announcement of large
specie payments, but this upward movement was not
sustained, and for the last two days the market has been
weak, particularly in speculative securities. Investment
securities continue s'eady. State Stocks have been rather
active. Money without claange—easy for loans en call.
Discounts out of bank remain very limited. Confidence in
business paper recovering but slowly. The rates are for
current paper from 12 to 24 per cent., according to class
and length. Exchanges on Europe wcr, dull fur the
steamer. First-class bills on Leaden, 100 to 1091; very
good ones, 108 to 1081 ; Paris, 5 20 to .5 23.
DE COPPET &

COTTON.

There is nothing of moment doing in the market, the
supply is small, holders are not pressing, the daily sales
are limited to a few hundred bales for expert and some
trifling sales made for domestic consumption. There is
little disposition to ship to foreign markets. Yesterday
there was rather more disposition to buy, but only in
limited parcels; the silts amounted to about 600 hales.
The sales since 24 h November are estimated at 2,000
bales. The quotations annexed are given as near as
possible to the present value, though it might be equally
difficult to buy or sell in quantity on the basis. The export
for the week has been—to Bremen, 339; Liverpool, 3,037
bales. Total 3,376 bales. _ _

COTTON IN TRANSITu.—There is a larger supply offering,
but few buyers are willing to operate until advised of a-
more settltd state of trade in England.
Southern markei hare been less influenced by the
unfavourable financial and commercial accounts from Eng-
land than was expected. When the advices par Atlantic
reeched New O:leaus, a decline of ic to ic per lb was at
once submi,ted to ; the day following, the news as brought
by the Vanderbilt was received, when a large business was
done, and prices immediately recovered, and closed at the
old figures of 11c to 12c. The other markets were
similarly depressed by the Atlantic's advicos, and all
recovered after receipt of those per the Vanderbilt. The
buying during the past week in the South has been for
England, but with a larger proportion fir France and the
Continent. _

NEW ORLEANS, Nov. 27th: Receipts for the week,
64,000 bales; same week last year, 51,000. Decrease in
receipts at this port compared with last year, 160,000, and
at ail the southern ports, 328,000. Sales to-day, 1,500,
and for the week, 43,000. Middling, llto to 12a per lb.
Freight to Liverp;ol, to per lb. Nov. : Sales to-day,
3,500 hales. Market dull and prices irregular, at a
dcclina of to. Middling, to 1l c per lb.
MuniuG, ov. 27,11: Receipts for the week, 13,00)
bales. Same week last year, 20,000. Stock on hand,
55,000. Sales for the week, 8,500. Middling, Me per
lb. Freight to Liverpool, 15-32 d per lb. Nay. 30 : There
has been a decline of lc per lb since Saturday.
SAVANNAH, Nov. 30th Market heavy. Middling,
to 1113 per lb.
Cita': The frost alluded to in my last circular, appears

to have been generally killing all over the cotton region.
The further growth of the plant being stopped we shall
very soon be in possessi of information front the variocs
points, upoa which to form an estimate of the crop. The
estimates in the SJuth range from 3,000,000 as a minimum
to 3,250,000 as a maximum.
RECEIPTS are increasing, and are now on a liberal scale.
Next week they will be still larger, as we learn at New
Orleans 64,000 bales and at Mobile 18,000 were received in
the week ending last Friday.
F_xcon-rs are larger this week-40,000 bales to Great
Britain, 18,000 to Fra,:ce. The large quantity exported to
England daring the last eight weeks is a matter of surprise,
when the deranged state of exchanges and monetary affairs
are remembered. The export will continue on a liberal
scale for some time, as the buying in the South has bean
free for the last three or four weeks, the bulk of which
has not been cleared.
The following is a statement of the movement in cotton
since the Ist September as compared with the previous
four years :

last quetatioim 17.1',° temperature having, however, again
become mild, our markl.:
t was dull on the latter date, and
yesterday, owing to the very unfavourable news received
per telegraph from the Fulton the 18th ult., sales were
with difficulty effected at a decline of 260 from the highest
point of last week. Westera Canal and State, Good
Shipping, 4 dell 80c to 5 dols 40e per brl. Ohio, Indiana,
Ste., 5 dols 50c to 6 dols 25c. Canada, 6 Bois 400 to

6 dols 40c. Southern 5 dols 60e to 6 dols 25c. Fancies
and High Extras, 6 dole 50c to 7 dols 75e aid 8 dol 75c.
WHEAT was similarly affected by the circumstances ablve
mentioned. Chicago, which last week sold at 102 c to 103 c,
could lime been bought yesterday at 98c., and most other
qualities ruled in the same proportion. Southern White,
130 e to 1450 per 6011 is ; Western, 115 c to 140 e ; Canadian,
125 e to 135 c ; We.'tern Red and Mixed, 98c to 115 e;
Southern Red, 125 c in 132 e.
INDIAN CORN: The arrivals have been very small, and
prices have gradually advanced ; mixed must be quoted
Sc., and yellow and whine 4e to 6:: per 56 lbs higher.
Yellow, 92c to 94c par 5611)3; White, 92c to 91e ; Western
Mixed, 90c to 91c. WOTRERSZ'OON, KINOWORD, & CO.
IRON: Scotch Pig is dull at '2B dols to 29 dols. Com
mon Bars 52 dols 50c. per ton.
NAVAL STORES : Spirits of Turpeotine is in but mode-
rate demand, and the outside price is now 42c, at which
price 200 bbls in lots changed hands. Common Rosin
continues to be rather quiet at 1 dol 30t. to 1 dol 35c.
In crude Turpentine and Fine Rosin there is nothing
doing.

PROVISIONS : There is scarcely anything doing in any
description of provisions; dealers are purchasing but in
small lots, as required for the retail trade, while shippers
are out of the market. Pork has a decided tendency to
decline, and Mess Pork can be bought to-day at 18 dole
for new nninspected. and 18 dole 50c for old inspected.
Prime is lower, and sold to some extent at 16 dols.. for
new uninspected. Dressed Hogs are depressed, and held
at 61 to 71-c. Cot meats and Bacon are entirely nominal,
there being no transactions to warrant a quotation. Lard
is dull and lower under a pressure of sapplies, and 150
bids sold at 102g„,t0 Ilia for fair to prime. Beef very heavy,
and nothing sefring except for immediate use. Beef Hama-
are dull at our rates. Butter and cheese are unchanged.
FRI:GILTS : Some 5,000 to 6,000 bushels Grain were'
taken to Liverpool at 5d in bulk ; 300 brls Flour is 9d ;
nominal rate for Cotton 5-321. to 3-131. To Rotterdam,
200 tons Logwood 353; Pipe Staves 25 dols.

BY TELEGRAPH.
NEW YORE, Dec. I.—STocKs: The transactirns at the
Board were rather limited this morning, but prices were
better, and the feeling an improved one.
Money continues in active request, and rates are steady
at 7 per cent. on call. There are but few salea on time.
Sterling Exchange : Small business at 109 to 1091.
6 p.m —Money is still abundant, and easily procurable
at 1 to It per cent a month on good paper. Sterling:
exchange firm at 108 to 109 for sixty day bills,llo to 1101
for short sight bills. Ashes firm ; pots 7 dole, pearls ;)? d
50e. Cotton : sa'es 300 bales ; New Orleans,- •in transit's,
111, freight Id. Breadstuffs : Flour, a fair trade demand ;
sales 7,000 brls ; common to straight State 4 dole 75c to 4
dole 85c, Upper Lake 4 dols 70c to 4 dohs 90c, common to
good Ohio 5 dols 23c to 5 dole 70e, extra Genessee 5 dole
70c to 7 dols, Southern very heavy, sales 110 br]s, mixed
to good brands 5 dole 20c to 5 dols 55c, fancy and extra
fine 5 dole 500 to 6 dole 90c; Canadian in moderate
demand; extra 5 dols 15c to 6 dols 50e. Grain : Wheat
2e to 3c lower for red ; sales 35,000 bushels; Chicago
spring 95c, Milwaukie club I dol, 3c, Southern white
1 dol 35c to 1 dol 50e. Oats lower. State
and Western 45c to 48c. Corn :No sales, Provisions :
Pork dull and lower; sales 300 brie ; mess 18 dots to 18
dole 50c ; prime 16 dole to 16 dole 50e. Beef heavy ;
country mess 9 dole to 10 dole; prime 6 dole to 7 dots;
repacked Chicago 13 dole to 14 dole; Lard quiet and lower;
in barrels 10c to 11c. Butter : Ohio 120 to 16e; State
17c to 22c. Spirits Turpentine 43c; crude 3 dels 53e.
Rosin, 1 del 75c. Iron : Scotch pig 28 do's to 29 dole.
Lead . Spanish 5 to si. Tobacco : Kentucky 7 to 17.
Rice 3to 3. 'fallow firm ; sales 10,000 the at 10c. Cal-
cutta Linseed : Sales 3,600 bags at 1 dol 25c cash, time
and interest.

FREIGHTS to Liverpool dull; Colton 5-321 to 3-16 d;
Flour is 91; Grain 5d to 6d.

INDIAN MUTINIES.

ARRIVAL OF THE OVERLAND MAIL.

By the arrival of the Overland MO, we have received
our papers and correspondence from India, bearing dates
as under :—Bombay, November 17 ; Calcutta, November
9. _ The following general summary of news will be road
with in t arwat • ___.

I they suddenly came up with a body of the mutineers of
the 82ad Native Infantry. These were mounted on
elephants, and were accompanied by seventy-five native
troopers. The eommander-in•chief, as soon as he observed
the enemy, retreated, till he found refuge in a bullock-
train some teu miles in the rear. The troopers continued
for a while to hover round, and the marvel was that this
piece of unparalleled rashness should not have terminated
fatally. Having arrived at Cawnpore on the 3rd,
Sir Colin Campbell remained there till the 9th, when he
started for Alumbsgh, where Grant's column wae- under-
stood to be awaiting his arrival. The cause of the delay
it is not explained. but betwixt the 3rd and 9th November
nothing decisive could have occurred or we should have
heard of it by telegraph from Madras, the channel through
which our latest tidings commonly reach us, being con-
veyed thither by steamer from Calcutta. On the after.
noon of the Ist inst. a sharp action occurred near the
village of Rudjnai, between the Dinapore mutineers
and a detachment of eight hundred men, consisting
of part of the Naval Brigade, and a detachment of the
93rd Highlanders, with two 9 pounder guns, under Colonel
Powell, of her Majesty's 53rd Foot. Our loss was heavy,
Colonel Powell being amongst the slain. The- enemy were
prepared for the attack, and the mutineer Sepoys were in
uniform. Our success was complete; we captured their
two guns and ammunition waggons, and then destroyed
their camp. This occurring at the close of a 'forced march
the enemy could not be pursued. The detachment of the
Naval Brigade, its task thus accomplished, fell• back on
Binkee, with a view of returning to Fattehpore, bat the
rest of the troops marched into Cawnpore, where they
arrived on the 2nd,

desperation, that our loss was severe, and that it was not
considered prudent to retain so advanced a position. At
Futteheerai again, near Agra, the rebels were dislodged
by a party from the garrison on the 29th of October.
ttost of them fled, but a party seized a building on the
heights and died like men with the halter round their
necks. Lieut., Glubb and 17 privates were killed.
Several other engagements have been reported during
the week. The greatest occurred in Juanpore. Colonel
Wroughton, who was moving towards the eastern frontier
of Oude with 50me.1,500 Ghoorkas and two gars, was met
by scree 5,000 of the enemy with seven guns. The
mutineers deployed with beautiful accuracy, displayed at
last a solid line nearly two miler long. They did not,
however, charge, but opened a heavy fire upon the
Ghoorkas. The little men—they are nor. abovi five feet—
Ickl
disapproved the proceeding; and with their usual plu
flung themselves forward on enemies three times their own
number. The curved knives made quick' work. Ten
minutes after their charge the enemy had disappeared,
leaving four guns, and 700' bodies on the field. These,
Gboorkas are the men for whom Sir Charles Napier kad so
strong and, as it has proved, s o well grounded an admira-
tion. Both they and the Sikhs despise the Sepoys, and
close in with them at once, without an attempt at tactics.
One thing is quite clear. We can never use Sepoys
against native levies again. Theirpresezge haedisappeared
for ever, and 'a Sikh, an Arab, an Affghan, or a Ghoorka,
will now charge a Sepoy regiment as readily
,as an
Englishman would do. They have thrashed them at
odds of three to one, while fighting-with our discipline, on
our tactics,-and in our uniforms.

On the 15th ar 'l6th of Cetober again some
cavalry, despatched by Brigadier Showers, attached
the remnant of the Anhui- force near Kanoend.
The enemy lost 400' men, and were ignominiously
• dispersed. mother body was then despatched to
Kanom3, which, on the 191 of October, occupied
the fortress, seizing 1S guns, military stores, and
• five lacs of treasure. The rowineers, wader Koor Singh,
the Bengalee who were in possession of Bandee,
are also reported to have been cut up by'the zsmindars.
Ve himself has der.s.arted, it is said, for Gwalior, where he
will probably be hzng by Scindiah as soon as the sale
turns• a little in orrrfavonr. His forces are said to have
been annihilated, but, that statement rests on native
authority, and may or may not.be correct.
..t.2bout Jubbulpore all is said to be in a state of anarchy..
There are two regimerM of Madras C dry there, but the
rebels'are in every direction, like flies in summer, and the
force cannot leave the st.^.tien.

The troops are arriving' fast. The Alma spoke thirty-
six ships near the mouth of the river,' and we
have already had the Sydney? with 320 men of the Raval
Artillery; Ulysses and Surrey,. with 652 man of Her
Majesty's 88th Regiment; ,Australian, with 306 E men of
Her Majesty's 42nd Regiment.; Lady Jocelyn,. with 766 of
Her Mijesty's 54th, Rifle liiigade. and Royal Artillery ;
Candia, with 692 of Her Majesty's 19:1), 2 4h, and 34-,h.
Regiments ; Satlej, with 281 of the Rifle Brigade and Her
:37.1h Regiment; Adelaide, with 236 of tare Hon.
Eist India Company's recruits. Scotland United
Kingdom, not knows yet.

CHINA.

BONG KONG, OC7C 30.

Lord Elgia s here, and it is probable he will not leave.

the place till the results of the demonstrations against
Canton are known. We understand as soon as the whole
force of Marines. arrive operations will commence.. The
first detachment arrived on the 28th instant in the steamer
Icanerador. An expedition under Commodore Elliott,
consisting of the gunboats Plover, Opossum, and St lunch,
with some ship's boats, left Tiger Island on the 14th inst
After a cruise of several days the} came oulr near-the
junction of the great west and north rivers, and arrived at
Macao on the 12th ins.. Daring the cruise several Man-
darin junks and some forts were destroyed, but private
property was not interfered with. The people of the town.
which were passed willingly insisted in pointing out the
Mandarin boats, understanding, apparently, the object
of the expedition. I regret to have to report anothe
accident on bard ship , arising from. Chinese treachery'
The schooner Neva left this on the 17th instant with
a valuable cargo of treasure and merchandise bound
to Foochow. The following evening some Chinese
passengers, assisted by the earpeator of the ships
killed the captain and a couple of the seamen who were
on deck. The mate escaped up the rigging, where
he remained till the Chinese 1.f7 th 4) vetegl, which they
did after two or three hoe's, taking with them about
22,000 dollars worth of traasnre. 'When the vessel was
taken possession of she was •steered into Mira Bay, close to
this, whence she was brought back• by the mate on the
19th instant. Rewards are cfferad for the apprehension
of the perpetrators of this ac!', bat no clue has be,n got
of them as yet.

The folio wing appeared in our Second Edition of
yesteriay