The daily exchange. [volume] (Baltimore, Md.) 1858-1861, 1860-08-18
LATER FROM CALIFORNIA.
Important from China.

st. JOSEPH, Mo-, Aug. 16.-The pony express
arrived last night, with California dates to the
l4th inst, Honolulu to July 10Th, and Hong Kong
to June 18th.
CALIFORNIA.
There is no news of consequence for this express.
The pony express, with St. Louis dates of July
26th, arrived at San francisco August lst re-
port came that the express was to be discontin-
ued, which caused unfavorable expressions of re-
greet.
Senators Gwin and Latham have arrived home,
the former by steamer and the latter by the over
land route. The newspapers are loud in the denun-
citation of Senator Gwin, who seems to be held
solely responsible for the defeat of Mr. Hales over
land mail bill.
The political contest in the State does not open
with much more than the ordinary spirit. Both
wings OF the Democracy quite confident of car
rying the State.
The three Democratic papers of Portland, Ore
gon, are out for Douglas f.-
The steamer John l.. Stephens, on her last down
ward trip, took S45, 900 of Washoe silver ore for
New York.
The ship Moonlight brings 326 Chinese passen-
gers, and reports two more shi ps the way from
Hong Kong. The arrival of Cinnamon during the
last three months exceeds 1000, and more than half
that number have departed for British Columbia
The excitement against the employm ent of Chinese
in San Francisco seems to have died out.
Parties returned from Coso mines report having
discovered nanv new leads Of silver and gold bear
have gone there, on account Of the favorable re-
ports received.
A report reached Carson Valley on the % that a
company OF Is men had just had fight with the
Indians near Black Rock, in which two Americans
were killed and the balance forced to retreat.
An election was to be held in all the settlements
of the Carson Valley mines on the first instant to
elect members of Territorial Legislature Sheriff,
Treasurer and Surveyor, local magistrate and ali
officers necessary to establish form of government
IN til Congress acts.
COMMERCIAL INTELLIGENCE
! SAN FRANCISCO, Aug. 4-There is steady business
aoing, without speculative feeling excitement. The
Jobbers buy small lots of goods with spirit, but concee
advance with reluctance and check their purchases
as soon as holders get their ideas up Transactions con-
tnue without marked interest and do not afford sne
mantne Candles at 94G2O4 cts. Coffee unchanged
with active market for fine qualities Provisons s
last noted Meals inactive and unchanged Butter and
Lard is in good request with improving tendency:
choice lsthmus Butter so cts. Ham 25(26 cts J H. K
Co Lard in small quaint ties 16 cts. Rice firm and NOV
ing readily in trade way. Raw Sugars very dull do
mestic WITHOUT inquiry; crushed more slow II cts
American Spirits are shade improved sales Of 500
octaves Brandy at 42H cts. Pampero and Comet
small lots of Pine Spirits aud Whisky at SIX cts for
egn heavy and few sales Teas and Wines continue very
dull, and greatly depressed The ships Viking and Re
nown for New York. have both cleared their PRINCIPAL
articles of being 3S4 casks bacon SO casks hams s62
bbs pork Loco sacks wheat 500 bales WOOL II 900
soon for New Zealand with 10000 in wheat
SAN Francisco August 4.-Arrived, August 1st ship
New York; Sd. steamer Uncle Sam, from Panama
Sailed August lst ship Enterprise, for Callao; ship
ocean Hong Kong; bark Victoria,
3D. ship Polynesia, for Bakers Island.
SANDWICH ISLANDS.
me PARK Francis 7 almer has arrived, with Sand
Wich Island dates to July 18TH The news is of
little interest. The market was completely over
stocked with almost all kinds of goods
CHINA.
The ship Moonlight, at Honolu u, furnished ad-
vices from Hong Kong to June 18TH There was
not S much news regarding the preparations of the
allies for the in Northern China Attemnts
had been made to hurry the British forces north
ward, but serious casualties lad occurred arising
principally from bad weather, causing delay Two
transport vessels had been wrecked, and another
laid up for repairs. Still another caught fire and
was scutted.
The Hong Kong Press of the 14th June. remarks
that it is doubtful whether the French would take
part in the early operations, as their forces would
not be ready until August.
A new steamer, built at Whamposa had baen
purchased by Admiral Hope for Sl2O, 900, for the
use OF the expedition. The Admiral claimed to be
quite strong enough to attack the Tau forts with the
British force under him. The wrecked steamers
were the British transport Assistance on the island
of Hong Kong, and the French transport Irene, in
the harbor OF Annoy. The leaky transport Saone was
repairing in the Annoy. The vessel that caught fire
and was scuttled, was the French transport RENE
des Clippes.
The knowledge of the Allied Powers eschewing
all sympathy and connection with the Nankin i'm
urgents will probably induce the Pekin Cabinet IN
listen to our counsels, and to meet concatory dip
omatlc advances with proper respect. The diff.
,uty consists in satisfaction for the attack which
ghilst it reflects disgrace on the allied armies has
elevated the ardor of the party at Pekn to an
extent which may form a stumbling block to future
relations and render all concessions nugatory The
river Peho is known to be fortified to
,neh rnakvo am attack upon lis
lace extremely dangerous, if not altogether out of
The question. 80 ~
An Imperial army had for some time invested tho
city of Nankin and the stronghold of the rebels on
three sides of the river face, and the commuuica-
lion with the opposite bank could not be cut off
Inc 1nveshture was tedious operation. Such
vigor, however, appeared to have been instilled
into the Imperial ranks, that it was generally SUM-
posed the result would be highly favorable to their
cause. tnis 1eeling was general, and hence it was
mat commence was restored to the Callerio of
Shanghai In remarkably sudden manner.
The Governor General of the two Kiano nro-
vinces had made the city of Chau-chow his tempo
rary headquarters, in order to be near the scene
Of action. 1t turned out however, that both the
resources and powers of the rebels had been under
estimated; they had left their entrenchments at
Nankin and utterly routed the Imperial forces the
remains of which shut itself up in Chau- chow with
he Governor General, which city the rebels were
1t the last advices besieging. Should Chau-chow
lold out till renforcements arrive, the Imperial
,ause might be, in measure, restored, otherwise,
Ioo-chew, which, for commerce and manufactures,
the first city in China, must fall. So imminent
vas the danger, that the authorities had destroyed
III its numerous bridges and its valuable and ex-
ide of the walls. lt ST. .4, -
Lew Chow is only about so miles from Shang-
la which latter is little more than its dependency.
The alarm and CONSERVATION were so excessive as
o stop all communication between the two places
or two days, during which period the panic which
xisted in Shanghai was beyond description. At
he solicitation of the Tonta the French and Brit
sh Ministers took possession of the city, and
ace to that effect tended to pacify the people some
What, but trade was utterly stagnant, and was the
asI thing thought of.
ra ahe news from Canton more favorable, and
Periast forces despatched against the marauders
stem 10 back into the country but adopted no
were rife tbs, up the advantage gained Rumors
angmented tine. .ney would soon reappear with an
l4 pre- and that they were acting in
The nr Insn If sf feo MI ha insurgents.
the present, with the appraha.. aolng away, Ior
entertained Of and this
and if the Sumors regarding the marauders shnnIS
Sr9sa I-1tidndsd better times might be looked for
~ ~ ~ Hfince. ga MI hfEL ID 1-el
II nft ho