CHINA.
Hong Kokg, May 26. Commodore Price has succeeded Captain Jones as senior naval officer. An Indo-Chinese sugar company has been formed. Nothing further has been reported of the rebels. . . Very stormy weather has prevailed in the China seas. The gunboat Slaney, the ship Caractacus, and the steamer Bay have been wrecked, and numerous lives have been lost. Australian coals, 6.25d0L to 6.50d0L per ton. Sandal wood, Sydney, 4dol. per picul. Australian sovereigns, 4.52d01. Exchange, six months', 4s 6£d. The new tea crop is very superior and abundant. Shanghai, May 19. Australian Coals.— Market less firm, sdoL to 5.40d01. per ton. Exchange has advanced. Six months' bills on London, 6£ per tael; freights, £3 10s per ton. No animation is noticeable. Five vessels are to load via Suez canal. Arrivals from Newcastle. — Memento, Emir, Salacia, Caroline, and Hutchens. . Foo Chow, May 21. Exports of tea to Australia this season 13,162,0001 b against 16,155,0001 b last season. The new teas, which are arriving are of poor quality.
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Southland Times, Issue 1281, 19 July 1870, Page 3
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166CHINA. Southland Times, Issue 1281, 19 July 1870, Page 3
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