Northern Times.
Liverpool, Merseyside, England, 1857-06-09 00:00:00

INDIA AND PERSIA.

The most important news from India is the
following telegraphic despatch, printed on a small
slip of paper as a supplement to the Bombay
Times :

" MUTINY AT MEERUT —We have just received
the following serious intelligence by electric tele-
graph from Agra. The 3rd cavalry are in open
mutiny. They have burnt down the lines and ofi•
lers' bungalows. Several officers and men killed
and wounded."

An interval of nine days only having elapsed
since the departure of the previous mail, the ordi-
nary summary of general news is but brief. The
English mail which arrived out in the evening
of the 4th brought the results of the general elec-
tion. " The political obliteration of the Manches-
ter and Peelite parties (says the Bombay Times)
has neither suprised nor offended the Indian
public on this side ; for, although Bombay con-
stitutes the head quarters of the Cotton interest,
there was no sympathy whatever between us and
the peace-at-any-price party, and as little with the
obstructive and impracticable remnant of the so-
called followers of Peel.

The weather continues favourable upon the
whole—the nights being cool and pleasant. The
governors of the Presidencies are at the respective
seats of their administration. The transaction of
business in the import market has been very
limited ; there is no change to report in our money
market; and freights have declined.
In pursuance of orders received by General
Outratn, the Persian Expeditionary Force is to
remain in the Persian Gulf for three months
after the ratification of the treaty, which is ap-
pointed to take place at Bagdad, on the 4th
of June, under the authority of the Hon. Mr.
Murray. The head-quarters, staff, and the first
division will remain at Bushire; the second
division at Mohamra. Under this arrangement it
is not likely that the troops will reach India much
before the close of the year. We (Bombay Times)
have received numerous letters from correspondents
in the Gulf, and they all express extreme dissatis-
faction with the terms of the peace, and extreme
anxiety to get back to India.
Respecting the disturbances at Umballali, of
which some report reached us by the last mail,
the Madras Athenceum of May 8 says :—" The dis-
affection occasioned by the order to issue the greasy
cartridges, or whatever other cause may have led
to the feeling, has extended to Umballah. The
native troops stationed in that place have burnt
down the empty European barracks, the native
infantry hospital, the officers' quarters, and se-
poys' houses. Our authority—the Delhi Gazette—
adds that in consequence of these acts the
order to use the greased cartridges has been
countermanded pending a reference to the
Commander-in-Chief, and that dragoons are pa-
trolling the place in order to prevent further out-
rages; the above occurred on the 15th March. No
further news up to the time of writing had been
received. While upon the subject of mutinous
sepoys it may be mentioned that the 34th B N. I.
(a regiment which has apparently had more to do
with creating disaffection than the bullock's grease
and hog's fat) is about to be disbanded. Such at
least is the statement of well-informed Bengal
papers, and it is added that its commander, Lieut.
Colonel Wheeler, is to be deprived of a command
in future."

CHINA.

HONG KONG, APRIL 27

In my last I noted the sad accident to Commo-
dore Keppel's ship, the Raleigh. Since then every
attempt to get her off has failed ; the greater part
of her guns, and all her standing and running
rigging, spars, &e, have been saved, but a severe
loss—the most serious—is the large amount of
new and peculiar shell which was on hoard, which
it will take months to replace. Arrangements have
been made by Commodore Keppel with the
Chinese to raise the Raleigh, and hopes are enter-
tained of getting her to some place of repair ; but
the hope is a distant one, and if unsuccessful the
wreck will be blown up. Commodore Keppel and
his officers posses the affection and esteem of all,
and the casualty to his ship is a matter of universal
regret.
The murder of Mr. Markwick, Government
auctioneer of Hong Kong, after much shuffling
diplomacy on the part of the Chinese authorities,
has deen surrendered and will undergl hiS trial ;
the prisoner has made disclosures which prove that
he had a number of confederates ; that tl►e murder
of Europeans was projected on a large scale, and
that rewards were offered for sueces by the Chinese
authorities.

Owing to the mishap to Ow Raleigh, all opera-
tions against the piratical junks have been aban-
doned. They will. however, be resumed in the
course of a few weeks, or so soon as the remainder
of the gunboats arrive.
In the summary of the Overland Friend of China
of April 25, we read :
The steamer Qiteen, that was lost going from Hong
Kong to Macao, was taken by men sent out by the gentry
of the ninety-six villages to Ounder. They navigated her
to a village called Cheek-ha, in the neighbourhood of
Fatsan. There they divided valuables found in the vessel ;
but then began to wrangle about who was most meri-
torious in their schemes for capturing the vessel, and
came near fighting, but ultimltely to settle the matter they
burnt up the vessel.
Again it is reported that. the rebel Chak, in the eastern
part of Kwaug-tung province, is at. the head of more than
one hundred thousand rebels, and has taken the district
capitals of Hoguen and Sungehuen, and is close upon
Y-chow, about one hundred miles from Canton. Another
army of about as many more, under the loaders Lo and
Hue, are taking other villages and clstrict towns, making
sad work for the common people.
Our men-of-war allow the boats and junks to ply on the
Canton river at their usual occupations in the day time,
of which they avail themselves in large numbers. The
junks in Fatsan Creep appear to have dwindled down to

about twenty, which it is said are only half manned. A
fort near these junks has been manned, and an occasional
gun fired thence. The Chinese have go' tired of annoying
the Tee-to-tum fort. We have had heavy rains and bad
weather, but thanks to the vigilant and master eye of Sir
Michael Seymour, the sanitary state of the force is satis-
factory.
;;;By late advices from Foo-chow-foo, they Mandarins
having agreed to take Mexican dollars in payment of
duties, the currency market has been somewhat relieved,
not a single chop was loading, the few teas that remained
on market could be had at easier rates, but were of com-
mon quality.

The trade of the colony continues in a depressed state,
owing chiefly, we imagine, to the want of confidence in
and lack of vigour of our local government. The troops
that have arrived are amply sufficient for our protection
if they were properly distibuted ; but it will hardly be
credited that not a soldier is quartered near our western
suburb, which is left entirely to the care of our miserable
police.

Emigration to Australia and California still continues.
For the latter no less than ten large ships are on the berth.
For the former the rush is over, on account of the mon-
soon changing.

Rice continues high. We have had large arrivals, which
are most remunerative to those concerned. Our supply of
shipping is small, and seeking vessels find good employ -
ment.

The Macao Trade continues to derive much benefit from
the existing state of affairs on the Canton river.

COMMERCIAL
BOMBAY, MAY 10.
We have no change to report in our money-market
during the past ten days. Rates of Discount at the banks
remain the same, and money is abundant in aft Bazaar.
Government Securities have improved slightly, and we
quote 4 per cent. paper 851 to 86, and Fives par tog pre—
mium. Local Joint Stock shares remain at about former
quotations.

IMPORTS : The amount of business transacted in cotton
piece goods has been limited. Bleached and fancy goods
have been little inquired for, at nominal prices. Yarns
have improved, and a large amount of business has been
done. Iron is in less demand ; spelter has declined ; tin
plates continua firm ; and pig and sheet lead are both
scarce.

EXPORTS-: The prices of cotton have fluctuated much ;
they advanced temporarily, but have again settled down
at the rates last reported. The prices of oilseeds have
declined, in consequence of free arrivals of linseed. Prices
of opium have considerably advanced, and the present
quotations are 1,120 r for Indore and 1,130 r for Mundlesir.
Immediately after the news of the negotiation of peace
with Persia, the rates of freight declined, and now vary
from £2 15s to:R2 17s 6d a ton for Liverpool and London,
Exchange has been chiefly at 2 1 13.16 th for cotton bills,
but the business for-this steamer has not been extensive.
China drawn have not been obtainable up to the moment
of writing.

CALCUTTA, MAY 2.
A healthy tone continues in our Money Market, and
the improvement, though slow, continues unchecked.
IMPORTS : Our import market as regards British cotton
piece goods and twist has assumed a more favourable
position, consequent on the receipt of advices of an en-
couraging nature from the upcountry marts, and though
we have experienced an increased demand for some de-
scriptions of cloths, there has scarcely been any material
improvement in value, supplies latterly having proved
more than sufficient to meet our requirements. In grey
shirtings low and medium kinds have slightly declined,
while others are higher. White rather neglected. Grey
jaconets are in better request. White has continued
unaltered. Grey madapollams have improved a little. A
further advance has taken place in the value of mule twist,
caused by reduced stocks. In the metal market very
little has been done, and sheathing copper and tiles have
declined. Spelter is also quoted slightly lower.
EXPORTS: During the interval that has elapsed since
our report of the 22nd ult., our produce market has shown
no signs of activity ; on the contrary, it has latterly taken
a more unfavourable turn. The high prices of produce
in general, small stocks, and enhanced rates in freights,
have combined to render operations almost impossible.
Even raw silk, which before the receipt by telegraph of
last advices from home was a general favourite, has been
neglected, and is actually unsaleable at the present
moment. Corahs have been moderately dealt in at
slightly higher prices. Sugar continues in very limited
request. Saltpetre dull and drooping. Jute in active
demand at extreme figures. All other articles in much
the same position as last reported.