The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1851-10-03

OF point OF v1eW IL ID SOmeWnhs
that go important discovery as the real treasures
Of California should be so speedily followed by one
for moro directly interesting to u.s. 1t Is well known
that many dissatisfied with the peaceful, unexcting
abors of commerce and agriculture, have fed fro n
Australia to take their chance in California; and
great must be their surprise when they learn that
in transporting themselves they had turned their
backs on a second California lying at their feet
tempting to exploration. If no other benefit arise
from the discovery at least emigration to California
will in all proba biity cease; for what can be more
pernicious and exhausting to a rising colony than
the loss of its population in such a cause.
China.
The accounts from Hong Kong are as follows
Her Msjesty's steamer Sala has returned
rom Formosa, whither che had been despatched to
convey the presents and thanks to those who had
protected and entertained the three men belonging
TO the chip Larpent lost last year on that island
1t would seem that the Hill tribe the murderers Of
the remainder of the crew, are held in great dread
Piracies in this neghborho ID against native
craft, seem to be on the increase, and this island
continues to DO the safest asylum for the most des
perate characters The police, with the assistance
Of men from her msjestys vessels in harbor are on
the alert, but small and well armed steamers are
required to keep down piracy eaectu.lly.
Several Lorcha vessels, fitted out here, and for
m;1able from the number Of men and guns they
carry, have been committing pracies on the coast,
and they are sufficiently powerful to take European
Vi ssels.
"A letter mas been addressed py the Superlntenu-
ent of Trade here to the chairman of the Canton
British Chamber of Commerce, acquainting him, for
the information Of the mercantile community, that
the Chinese Imperial Commissioner had refused the
demand on the part Of Her Msjestys Plenipoten-
tary here to abolish the duties charges, and re-
stric,ions on tea, but that he had consented to
Transmit Her Msjesty's Pepipotentarie's note on
the subject to the Imperial Cabinet at Pokin =,
A letter has also been transmitted from Her
Majesty consul at Canton to the Chinese Superin-
tendeIt of Customs, informing him that in future
all interference the part of the consulate in the
collection Of duties will cease, and that British
merchants will therefore bs allowed, like other
foreigners TO arrange their business with his excel
lenc;e's officers through linguist a similar no.
,ifcation will, no doubt, be made by tho consus at
Shanghai and the other ports. 1t seems strange
that the duty of British consus at any time should
have been to ssist the Chinese authorities in the
collection Of duties,
The extensive system of smuggling that has been
praetised, and particularly ct Shanghai, by tho
great msority OF foreigners, resorcd to, no doubt,
By in self defence has led to the adoption of
the above measure. The system has been allowed
by the Chinese authorities themselves to become
established that it seems to have been the only
method that could be devised by Lord Palmerston
to protect the British merchant, and compel the
ChineFe authorities to adept more stringent mear
cures with all.
II is currently reported that tho rebels Ia the
kwapgsi province, near Canton, have succeeded in
taking the capital thereof and plundering it Of
great amount of property. The Imperial commits
volt With 5000 Imperial troops.
The tea market at Canton has not yet opened.
The quality Of the tea generally is considered
| much inferior to that of last year.
Markets.
LYruPooL CorToS MARKrr, Sept 1o.-There is little
change to notice In our cotton market during the past
steamer. prices eighty hardened without enabling
however, 20 make any quotabe advance this extra in
quiry having the last day two fallen of though sel
esoh dag there has been fsir and steady business
doing resume former quotations, closing in
al respects at the rates Of Friday last 1850 Americans
GO surat and 40 Egyptian have been taken specu
ation and 5,o4o American. $50 surat 20 Madras, 20
Egyrtis 400 Pernam and so Smyrna for export Sales
| for the week, 30 $50 bales.
IyEBPocI CoEN MARkrr, Friday, Sept 1o.-No particu
lar change occurred in the value OF any article Of the
grain trade the last two days Indian corn aud Amer
neur have attracted tho mott attention and fair
business has been transacted in them At the Corn Ex
change this morning ve had good attendance Of buyers
from Ireaud and rather eNsensive purchases OF
wheat and American flour effected for shipment in
that country and cosstwse, at fully Tuesdays prices
Oats declined Id per bushe and oatmeal Cd per load
Indian corn was in healthy request have scarcely
any good quality Offering on the spot and It was 90 per
| Indian corn, floating, changed hands
| LrrRPoo1 MARKETS., September 10 Ashes steady
in value at 2s Cd for pots and 2es Cd for pearls at
which rates small parcels have been taken Metas-rhe
market continues Inactive, Though prices arc not gene
rally lower except for inferior qualities Foreign orders
not abundant usual at this time OF tho year
Pig tines TO droop and 3ss TO 3Ss Cd must
he quoted the nominal price. The market closes
heavily lower prices being expected In tin plates cop
per- and lead no change Naval stores--of rosin 700
Ientne nothing has been done Ofsprts OF turpenine
mail parcels CT American have been sold at 3ss per cwt
ment the market beef except for the finest brands
saes cult to eject the stock Of other descriptions
being In e1cess and the dealers in consequence much
sought after by sellers In pork for want OF assortment
the transactions have been tTihing There has been
lo oo ,Hs nd
remain neglected At further advance Of Is TO Is per
cSt the msre has been about cleared OF good lard aud
exirtme rates demanded for some small parcels.
TIE supply OF cheese Is light hence the sales have
be. limited. Tallow s Cd deaIer, with active de-
usnd Irkh--The butter market has been heavy since
our asst report and only very moderate business has
been done the dealers buy With caution expecting prices
to give way but holcrs are firm and no change can be
made In quotations Belfast 1ss TO Scs, Waterford gis
TO See Csrrck end olopme 7js to 7ss cambridge and
Cocraite 7ts to 5ss Limerick os to 7ls Sligo 72s to
;0s and piclcd Cork seconds 0s per cwt landed In
ported from Ireland from the 9Th TO the 18th instant
both ircluive, eco hrkns 2i Kegs, las cr3,ks, 3i
boxes 2G barrels tutter and 70 bales bacon Vncrctron
BsES-Thore only retail sales report ct IS Cd TO
20 for Plil1 dslphia, and &c. a. FOR Baltimore Rice
About 90o bags have Leen sold at S. o. TO Sc Oh for
email broken TO low, aud Is Cd for cargo sslt-rhere
j. no material change in price, which keep firm aud the
dtmat moderately God. TtEow-A very large bust
G. having changed hards ST as 20 ais per cwt To.
taceo h. ssls this week about 80 hhds 100 OF
which are Kentucky leaf fer export 30 Virginia stemme
ior It.std. ard the fomAinieri principally Kentucky
/ stermso, 20 he trade.
Lirrrroot Frsicnrs SEPT la-rfeishts 10 the Unlte;
States have not varied nut h this last week Dead weight
has been ard rates DO not improve though
tleT steady she last day two Storage pas
gTs ere not abur dsnt- prise Of raage % New York
/ sbeut AZ 1ts We quote fr ight 20 New Nofk-dsad
Weight, Ga t. 12 per ton; One goods, les 20 i,s 81
hArinarc 1Cg; earth nt.nrc. &c. Bost0n--Dcad weight
12s ca 90 1ds ere goods eos hard ware etB; earth
fLNare c. phiiadeph.a-Dtad weight. 49, Cd to Us
ca fne goods. POS hardware. Cos ear,hensarc, pa.
Bomcrc--Desd eight, l2s 81 10 as. Cd hue goods,
2cs hardware, 20s; caTihenware. los New Orleans
Dead weight S. 20 12s fine goods l5s hardware, lss
| earth, hNarc, g. per ton.
LcSpoN MaRK1rs Sept 1o-Ashes-pi bbls Montreal
pot taken In ct 2ss ~ bbls pearl a 3os 3D. Metals
Tieie y IN increasing demand fur pig iron, and prices
sEs ssumcd eD upward tendency. fslcs ~ Scotch to
iaiT extent have been mede at 4Qs Cd TO dis, aud
MIKE hVtibere vt 3as TO 4os per ton The market Ia
tiin fcf ctmmon Welsh bars az 81 its 20 60 12s Cd
ana cccd busiress doing Rats ind better s,ie at
- 20 So In speer tran actions have been OF little
~ ellhough fll per ton has been obtained the