The Liverpool Standard and General Commercial Advertiser.
Liverpool, Merseyside, England, 1852-09-14 00:00:00

,e2l per barrel.

In Freights there was no improvement, the rates to
England and the continent being 255. for salted hides,
30s. for ta!low, and 60s. for dry hides.
Exchange 665. 6d. per doubloon, at v
business had been done.
The mercantile accounts from Rio de Janeiro mention
that exchange had experienced but little alteration, and,
after a small fluctuation, had closed firm at 27k to 4.. In
coffee a decline had taken place, owing to unfavourable
accounts both from Europe and the United States; prices
were expected further to recede, as larger supplies were
shortly looked for from the high lands. In hides the
favourable accounts from the United States had given a
considerable impulse to the market. Discounts ranged at
5 to 51 per cent, although the bank rate was 6 per cent.
In freights the market was firm in cons,quence of the few
disposable continental bottoms; British vessels were gene-
rally not in request, the natural result (says the Rio
Mercantile Journal) of the manner in which the cargoes
are delivered. In articles of import the receipts were
enormous, and the market overstocked, but transactions
were extensive at reduced prices.

hich considerable

Bahia advices mention S that the activity in the sugar
market had again subsided, owing to less favourable
accounts from Europe. There was very little eood sugar
on sale, owing to the late rain, but the weather had ho.
proved, and some quantity of old sugar was expected at
market. Purchases could be made on easier terms, as
there was a fair certainty of the new crop being a good
average one if the weather should remain fine for grinding.
Coffee in small lots was arriving from the country.
Liberal supplies were looked for in about a month. Hides
very abundant. Freights were expected to rule high
during the coming crop season. Exchange closed firm at
271 d., and a large business has been done for the Teviot.
In dry goods there were few Americans on the market.
British manufactures were abundant, and prices ruled
very low, particularly for printed cottons.
Pernambuco letters state that sales of dry goods were
for the present quite stopped, imnorters having put in
force an agreement to reduce credits generally to eight
months. Stocks of goods were moderate, and, with early
and abundant crops, an active trade was looked forward
to. The weather has been so fine that small supplies of
sugar continued to come in. Sales had mostly been for
the Mediterranean market of low whites. Exchange on
London was 274- to 274. Shipping scarce. Sucar to
Channel, for orders and British. port, 40s. ; cotton to
Liverpool. iths per lb., and sugar 255. per ton.

Bt Monte Video, on the 4th-ult.. there was little doing
in freights, the rate for salted hides being 255. Exchange,
41 to 41i.

THE CAFFRE WAR

The General Screw Steam Shinning Company's mail
packet Hellespont, Captain W. Watts, arrived at Ply-
mouth on Wednesday morning at five o'clock. She left
the Cape August 3 ; St. Helena August 11. The intelli-
gence from the seat of war continues to be of the same
dubious character as ever, and it is the private opinion of
those who have been practically conversant with military
proceedings on the frontier, that the settlement of this
vexatious contest is as far off as it was twelve months
since. On the Ist of July General Cathcart issued a pro-
clamation, calling for the assistance of every man capable
of bearing arms, and on the 20th his excellency issued an
explanatory circular, in which it is stated that all he re-
quired was a deputation of all the fighting men who can
really come to represent the district, and for those who
cannot come to assist those who can. The Governor in-
sists on this help. The mother country has sacrificed
much life and treasure, while its only real advantnee was
the possession of the seaport of Simon's Bay. The pro-
tection of certain colonists who settled on the frontier
thirty years since might be considered an obligation, but
such obligations have their limits. This must probably
he the last Caffre war carried on at the cost of the British
Government. The object of General Cathcart's intended
expedition was twofold : first, to test the willingness of
the colonists ; and, secondly, if they came forward, to de-
monstrate to the Caffres that, independently of the Impe-
rial force, there was sufficient strength in the colony to
chastise the enemy should he again attack the frontier.
If the General found the colonists unwilling, he had am-
ple force to cross the Kei and vindicate the national
honour, but this would convince the world that the colo-
nists were deficient in their former energy, and their chief
opponent Kreli would ever after hold them in contempt.
After returning from the expedition beyond the Kei, the
Governor says it will be his duty to report to the home
Government if the colonists had not rendered him proper
support, in that case he will probably be ordered to with-
draw his army, when his parting recommendation to them
would be to keep less sheep and oxen and more shepherds
and herdsmen, for wild men and wild beasts would soon
recover their ancient sovereignty in the Fish River and
Znurberg, and the colonists will not be able to drive them
out as their fathers did in the olden time. The files of
Cape papers give the usual accounts of cattle lifting by
combined Hottentots and Caffres, and of reprisals by the
regular forces and burghers. The only attack worthy of
notice was one made on the Waterkloof by Colonel Buller,
of the Rifles, on the 24th of July, when the Caffres were
lured from their stronghold by a feigned retreat, and
were thus exposed to the full fire of the Artillery and
Rifles, suffering a loss of more than 100, while only three
of Colonel Buller's force were wounded. Under date of
the 2nd of August, Lieutenant Governor Darling has
addressed a circular to the Civic Commissioners of the
Western districts, in which, after referring to General
Cathcart's letter of the 20th of July to the eastern pro-
vinces, he says that by the last newspaper accounts from
Graham's Town and Port Elizabeth, the Governor's views
had been promptly responded to, and that considerable
contributions had been cheerfully rendered towards equip-
ping the contingent from the eastern districts. Lieut.
Governor Darling then gives instructions to the Commis-
sioners to make known through the field cornets that they
are ready to receive contributions in money or kind to-
wards the equipment of the eastern volunteers, to be for-
warded to the Treasurer-General in Cape Town, and send-
ing at the same time to the Governor's secretary accurate
lists of the names of the contributors.