The Sun.
London, England, 1859-08-11 00:00:00

THE SUN, LONDON, THURSDAY EVENING, AUGUST 11, 1859.

INDIA AND CHINA.

By the arrival of the Calcutta mail we have re-
ceived our private correspondence and files of papers
from Calcutta to the 4th of July, and from Hong
Kong to the 22d of June.
CALCUTTA, JULY 4.

The affair of the sth Europeans is over, and the
quarrel between the soldiers of the old army and
the Government may be considered settled. There
was something so comic mixed up wi h the proceed-
ings of the men at Berhampore, something so utterly
bizarre and unexpected in some of their acts, that
you will find even officers disposed to treat the
mutiny with c intcmpt. It was, however, a serious
affair. The regiment was about 600 stro:lg, and
had expressed its opinion in the matter of the
transfer with offensive clearness. It continued,
however, to do duty until the arrival of some de-
serters from Allahabad, who taunted the men with
doing unnecessary duty. Nearly 500 of the men
hereupon refused to do any duty whatever, upon
which the commanding officer, Major Maitland,
ordered the officers to withdraw. This step exas-
perated the men, as it implied a danger of assassi-
nation, and they elected officers of their own, one
Marshall being chosen colonel, and assisted by a
major, two captains, and four sergeants. Major
Maitland now withdrew all servants, punkah
coolies, rum, and, in fact, everything except rations,
which it was impossible to stop without an explo-
sion. Fortunately for all parties, Marshall turned
out a man of some capacity and resolution. He
threatened to flog the first man caught looting, and
carried his menace into execution. Another man,
guilty of disrespect, received 50 lashes, and the regi-
ment was brought into a state of discipline to which
it was entirely unaccustomed. The men played
cricket under their officers' noses, but otherwise
remained quiet enough, opening, however, a cor-
respondence with the 6th at Hazareebagh. At
last, on the 26th of June, Colonel Kenneth Mac-
kenzie, Deputy-Adjutant-General—not Colonel
Colin Mackenzie, who only went up to pro-
tect Moorshedabad—arrived with 1,000 men of her
Majesty's 99th and the Buffs, and four guns. He
placed his men and offered the mutineers 24 hours
to consider themselves. If at the expiration of that

time they returned to duty, a court of inquiry
would be held into their grievances ; if not he
should employ fore?. The men, 39 excepted, sub-
mitted, and the recusants were arre4ed. The court
of inquiry is now sitting, but it seems perfectly un-
derstood that the, men will be simply discharged.

I feel very doubtful whether even the ringleaders
will be punished. The discharge will apparently
be nearly universal. Of 50 recruits at Barrackpore,
all (demanded it except two. All the men in the
arsenal took it at once, and even the Governor-Ge-
neral's band declared their resolution to resign.'
The sth, it is known, will go en masse, a ad letters
begin to come in speaking of discharges by the
hundred. We shall, in fact, lose the whole sub-
stance of the Company's European army, which has
thus, like its native comrade, committed suicide.
The men calculate on a pleasant voyage to England
without work, three months holiday at home, and
re-enlistment on fresh bounty. They share, more-
over, the feeling of dislike to the country, now so
lamentably strong among officers, and have been,
finally, idle in the tropics for months.
The Governor-General has ordered that Thursday,
the 28th of July, shall be kept as a day of thanks-
giving for the restoration of peace in India.
There is literally no further news, except that
the Supreme Council has been reduced to one man
—Sir James Outram. Sir Barnes Peacock has
taken his seat in the Supreme Court, Sir B. Frere
is still in Scinde, and Mr, Ricketts is away sick at
the Neilgherries. Mr. Harrington, member for the
North-west has accordingly been called to Council
for the nonce--a step almost without a precedent.

CHINA.

HONG KONG, JUNE 22.

The English mail of the 26th of April arrived on
the sth inst., a few hours after the departure of the
last outward bound steamer. The mail of the 10th
of May is now hourly looked for, and the Malabar
leaves at two p.m. to-day for Singapore and Galle.
We yesterday received telegraphic news from
Europe to the 3d of May, brought by the steamer
James Bartley, from Calcutta to Singapore, and
thence per Peninsular and Oriental Company's
steamer Azoff.

From Shanghai we learn that Admiral Hope and
the principal part of the fleet had left for the Gulf
of Pechelee on the 11th inst., and Mr. Bruce was
to follow with the Magicienne and Inflexible on
the 15th. The French and American Ministers
were to accompany him in the steam frigates
Du Chayla and Powhattan, each with steam ten-
ders. The American Minister, Mr. Ward, had
an interview with the Imperial Commissioners,
but we understand the British an French En-
voys declined to enter into any negotiations else-
where than at Pekin, and avoided an interview
which would have been purely ceremonial. Many
rumours are afloat as to the reception which the
expedition will meet with ; and the Chinese express
a fear that it will be unfriendly and lead to warlike
operations. We doubt if there is any solid founda-
tion for this, and are inclined to think that no op-
position will be shown, although the course of di-
plomacy may not run so smooth.
The news from Cochin China is very unfavourable
to the French, who appear to have suffered very
severely from climate, and were much in want of
reinforcements. The Amanese appear to have be-
haved with considerable courage and skill, and they
had even attacked the French intrenchments, and
killed 50 men and one officer before they were re-
pulsed. The latest accounts, however, state they
were desirous of treating for peace, and we doubt if
the French, weakened as they are, would reject a
good opportunity of retiring with honour and ad-
vantage.
In Hong Kong or Canton no political events of
any importance have taken place.
Shameen has been selected as the site of the new
foreign settlement at Canton. The necessary space
is to be filled •in by the Chinese Government, and
we believe the cost will be deducted from the in-
demnity.
Trade has been generally dull during the fort-
night, and imports have only been taken to a small
extent, except T cloths, which have been in fair
demand. We give sales at both places, and quote
Canton rates less 2 per cent. duty paid.
Cotton—Sales 3,100 bales Bombay,
and 1,030
bales Npdras. Prices are much as before.
Cotton Yarn-700 bales sold ; prices are about 1
Nos.o et
28 N-302s 4 156
d• 2041, i. 3
t6e.
dol. per pioul lower for Nos. 16-24, but the higher
numbers have maintained their previous value. We
qu4d7°lds.ols7.s;
c N.
ot
so
3389-
4d20,148.750 dole.
to 50 dole.;

Shirtings—Gray, 10,400 pieces sold. Middling
qualities uninquired for :-51 to 51 catties, 2 dols.
35c. to 2 dols. 40c. ; 6 to 61 catties, 2 dols. 25e. to
2 dols. 65c. ; 63 to 63; catties, 2 dols. 70c. to 2 dols.
80c. ; 7 to 71 catties, 3 dols. 100. to 3 dols. 50c.
-Whites have been taken readily for the finer reeds,
and we quote 54-60 reed 2 dols. 40c. to 2 dols. 60c.;
62-66 reed, 2 dols. 700. to 3 dols. ; 68-72 reed, 3 dols.
40e. to 3 dols. 75c.

T Cloths-32,800 pieces sold, nearly all in Hong
Kong, at 1 dol. 75c. to 2 dols. 90e. ; Canton, 3 dols.
10e. for best.

Metals very dull indeed. Lead, 200 piculs sold
at 7- dols. 35c. to 7 dols. 45c. Iron, about 2,200
piculs of sorts sold at a reduction on last prices.
Sugar has advanced about 10c. per pieul.
Canton few transactions have taken
place. Prices are rather lower. Loongkong quoted
at 300 dols., No. 1 ; 350 dols., No. 2 ; 330 dols.,
No. 3.

Tea—The small quantity of country teas which
remained on the market have been withdrawa for

mixing, and transactions have been confined to
Tayshan congou and scented teas. For the former
especially very high rates have been paid. The higher
grades of scented teas most in request, and have ad-
vanced 11- to 2 taels. There have been no arrivals
of new country teas, nor any expected for some
time to come, the transit routes being still ob-
structed. A few small musters of the new crop have
been shown, but in flat condition, and no sound opi-
nion can therefore be formed regarding the teas
they represent.

Settlements have been confined to Canton teas.
Scented orange Pekoe, 15,000 boxes, sold at 25 to
42 taels; peented caper, 14,000 boxes, 181 to 32
taels; Taysham congou, 8,000 half-chests, 24 to
29-3 taels ; Canton gunpowder, 600 boxes, 26 taels;
pouchong, 2,000 half-chests, 19- taels; ditto, 1,230
boxes, 20 taels.
One vessel, the Hoang Ho, has sailed for London.

Exchange has declined. Bank bills on London,
4s. 100. ; first-class private bills, 4s. 100. ; on
Bombay, 2281 rupees per 100 dols. ; on Calcutta,
229 rupees, three days' sight.
Bullion—Sycee silver, 5 per cent. pm. ; bar sil-
ver, 7 per cent. pm. ;- gold leaf, 22,70 c. per tael;
gold bar, nominal.
Freights—One favourite vessel, the Robin Hood,
is loading at £3 10s., but four others are on the
berth at £2 to £2 ss. For New York, 7 dole. for
general cargo, and 15 dole. for silk.
Amoy advices to the 17th inst. contain nothing
important.
Foochow letters are to the 15th inst. ; a few small
sales had been made of imports.
Tea'•Great competition had existed, and larger
transactions had taken place at an advance of 11 to
2 taels on opening rates. The eagerness to buy
was partly caused by anxiety to get away the first
ships, three of which sailed on the 10th and 11th
inst., and since their departure there has been less
animation, and as teas were coming down freely,
we may hope to see prices brought to a more rea-
sonable figure. Of fine tea the supply is said to be
small. Very little souchong has yet arrived, but
some are of extra fine quality. Pekoes have been
sold at very extreme rates for fair quality.
Sales—Congou, 27,570 chests, at 27 taels to 37
taels, short, the average being 33.34 taels; Souchong,
200 chests, fair medium, at 30 taels, short; Pekoes,
540 chests, fair medium, at 58 taels to 70 taels,
short ; Oolongs, 2,600 half-chests,fair medium, 26.5
taels to 32 taels, short.

Stocks—Congou, 8,400 chests ; Pekoe, 260
chests Oolong, 4,400 half-chests. Quotations are as
follows :—Congou, fair to common, 23 taels to 29
taels ; ditto, Kaisow kinds, 27 taels to 31 taels ;
ditto, other Kaisow, 33 taels to 37 taels ; Souchong,
fair medium, 30 taels ; Pekoe, fair to fine, 58 taels
to 70 taels ; Oolongs, fair cargo, 26 taels to 28 taels ;
ditto, good to fine, 30 taels to 32 taels.
The departures have been the Ellen Rodgers on
the 10th inst., Fiery Cross and Bacchante on the
11th. Three others are on the berth for London,
and plenty of ships in port. Freights, L 4 4s. to
£6. For America nothing doing.
Shanghai dates are to the 14th inst. Imports
show very little change, and the Chinese are very
cautious in purchasing, having fears as to the result
of the expedition to Pekin. Shirtings—Grays are
lc. to 2c. higher ; 64- catties, taels 1.8 8. Whites
quoted as before, taels 1.7 to taels 2.2.5. Lead,
taels 5.2 per picul.
Nail rod iron, 2.5 taels to 3.5 taels.

Silk—The most extravagant rates have been paid
for the first of the new crop. The market was
opened in the country at for Tsatlen, No. 1, 420
taels ; No. 2, 400 taels ; No. 3, 380 taels to 390
taels ; and at Shanghai transactions have taken
place at about 5 taels under these rates. About
1,000 bales have been settled and go home by
this steamer. Business has been checked by
the arrival of the 26th of April mail,
and much lower rates must prevail ere business can
be done to any great extent, as the above quoted
rates show a heavy loss on last London quotations.

Tea.—Very little has been done, the quality of
the remaining stock being very low. Settlements-
-3,900 chests common Ho-How congou at 15t. to 18t.
and 400 chests Pekoe at 35t. to 45t. Only 1,509
half-chests greens have been settled, and prices are
nominal.
Sstoscgkrse—e n .13 chests black, and 5,400 half-
c ht
of new teas have been re-
elVl° m uste r.;
re-
ceived. The New Era has left r
vessels are loading for the sameopoi London,For and
America
one, vessel has sailed, and one remains on the berth. two

Freights are unchanged.
The export of tea from China to Great Britain is
60,732,9001 b. against 76,067,0001 b. last season, or a
decrease of 15.334,1001 b. for 1858-9.

To the United States the export is 29,530,2001 b.
against 29,458,6001 b. last year, or an increase of
71,6001 b.
The export of silk to Great Britain and Marseilles
is 70,903 bales, against 69,080 bales last year, or an
increase for the present season of 10,823 bales.

Exchange on England has given way, principally
in consequence of the unfavourable advicea regard-
ing silk. Bank bills, six months'sight, 68.6 d. to 6s.
7d., very little done. On Bombay, 305 rs. On Cal-
cutta, 308 rs. On Hong Kong draughts nominally
25 per cent. dis.
Bullion.—Bar silver, 17 to 171 ; betterness, 111.5
taels per 100 teals Canton weight ; Mexican dollars
77 taels per 100 dols ; gold, 159 to 160 teals per bar
of teals 9.7.3.

Manilla advices are to the 16th inst. Current
clayed sugar 52 dols to 57-, dols per picul.
Exchange on London, six months' sight, 4s. 7d.
Our latest dates are—From England, May 3, by
telegraph ; Bombay, May 26 ; Calcutta, May 30 ;
Singapore, June 12 ; Sydney, April 23 ; Melbourne,
April 13 ; Manilla, June 16.

COMMERCIAL INTELLIGENCE.
THE CALCUTTA MARKET, JULY 2.

Telegrams have been received, Thursday, June
22, via Galle, with English news, and Tuesday,
June 28, via Galle, conveying intelligence of the loss
of the Alma.

Produce Market—The fortnight under review has
been a very quiet one for exports. Value of almost
all articles has aedownward tendency, but buyers
keep aloof. • The indigo accounts continue nearly
as before. Sugar dull and lower. Saltpetre in less
demand at lower prices. A fair business in raw
silk, at about 2rs. decline from the highest point.
In torahs nothing doing. Oil-seeds dull and declin-
ing. Jute without inquiry. Safflower neglected.
Hides in fair demand.

The Importidaria during the last fortnight be-
came gradually very quiet and dull. A limited de-
mand for local consumption, coupled with very un-
favourable accounts from all the up-country markets,
caused a general panic in the minds of all piece goods
Calcutta dealers, who, labouring under the impres-
sion that later in the season—say for the next
month or two—the position of the market will be
more unsatisfactory, not only kept from further
purchases to arrive, but showed considerable ins
clination to sell the previously purchased and lately
arrived goods at a reduction, being satisfied with
little or no profit. The consequence of all these
doings was a general fall of prices on all kinds of
piece goods, and an expectation that, owing to the
very large arrivals of piece goods and yarns, the
market will be more Inactive and the prices still
lower unless a demand should spring up in the
principal up-country markets. Yarn has been ex-
ceedingly quiet, and, owing to the general cessation
of transactions, prices have declined considerably.
Metals very dull. Prices nominal. The market for
copper continues firm, and a little business has been
done in Australian at 49 6. The iron-market is dull,
and prices lower. Spelter—Large arrivals have
caused rates to recede on our last quotations,
Market.--Money continues abundant,
an
nearly two owns and a half unemployed. In the
dMiotneiys calculated that the banks alone hold
Bazaar it can be obtained at one or two per
cent. below bank rates. The Government, how-
ever, does net participate in this abundance, and
their positioui is believed to be in no way better
than it was three months ago.
Governmc Int Securities have not ben cfitted greatly
by the easy state of the money market. An occa-
sional but feeble demand from speculators has

proved their value about one per cent., but it is
doubtful even if this will be maintained, though
some improvement is hoped for by holders, if, as it
is anticipated, the Bengal Bank will before long
reduce the margins on loans and lower the rate of
interest. The present rates are about 12.8 per cent.
discount for the Five per Cent., and nominally 26
per cent. for the Four per Cents. The new Six and
a-Half per Cents. opened at 6-8 per cent. discount.
Joint-stock Shares.—The transactions are few,
and the market is languid, notwithstanding the
lowering of the Bank rate of discount. India gene-
ral shares maintain their value, and dock shares
are wanted at rates above our quotations, but there
are no sellers. Ganges shares are wanted, but there
are no sellers under 1,800. Tug shares and Bonded
Warehouse scrip is at heavy discount. In Coal
shares there is little doing. In Burdwan stone
shares there is some little inquiry, and Auction
shares are at a discount.

Exchange.—There has been very little change
during the last fortnight in the rates on London.
The banks have been sellers at from 2 0=7., to 2 01-,
the principal sales have been at the latter rate, and
that only to a moderate extent. There have been
larger sales of credit bills, at from 2 0 9-16 to 2 0-2-,
and a small amount of documentary papers at from
2 01, to 2 01. The amount of business transacted
for the mail has altogether been very moderate.
On China the rate for the last direct steamer ruled
from 225 to 227 per 100 dole. On Bombay, bills
at three months' :tight have sold from par to 10
annas premium.
Freights.—Since the departure of the last mail
the following vessels have been chartered :—Belle
of the Sea, for Boston, at our quotation; Sarah
Newman, for London, at £2 ss. all round ; Lydia,
for Melbourne, at L 2 103. all round.

CHINA SHIPPING INTELLIGENCE.
ARRIVALS FROM GREAT BRITAIN.
At Hong Kong—June 6, the Laertes, from Lon-
don ; June 15, the Catharina Maria, from Cardiff;
June 18, the Chatham, from Liverpool.
At Shanghai—June 2, the Koh-i-noor, from
Liverpool.

DEPARTURES TO GREAT BRITAIN.
From Hong Kong—Jnne 9, the Earl of Eglin-
toun, for London.
From Macao—June 6, the New Margaret, for
London.
From Whampoa—June 12, the Hoang Ho, for
London.
From Foochow—June 10, the Ellen Rodgers ;
June 11, the Fiery Cross and the Bacchante ; June
19, the Crest of the Wave ; all for London.
From Shanghai—May 31, the New Era, for
London.