POSTSCRIPT.

SATURDAY.

The news of the morning is of a startling character-a more extensive revolt in the Bengal Army, and the proclamation of a Native King at Delhi. The intelligence comes in the compressed form of a telegraphic summary of the overland mail.

"The mutiny in the Bengal Army had spread in a most alarming manner from Meerut. The 11th and 20th Native Infantry had united with the 3d Light Cavalry in open revolt. After some bloodshed, they had been dispersed by European troops ; but they fled to Delhi; where they were joined by the 38th, 54th, and 74th Native Infantry. Delhi was in possession of the mutineers ; who had massacred almost all the Europeans without regard to age or sex, plundered the bank, and proclaimed the son of the late Mogul Emperor as King.

" Disturbances had also broken out at Ferozepore, but had been suppressed. The Rajah of Gwalior had placed his troops at the disposal of the British Government.

"Government was taking active measures to suppress the revolt, and was concentrating troops around Delhi.

" Oude is tranquil. Troops from Ceylon have reaohed Calcutta, and the native Princes are offering their contingents." "The 34th Native Infantry was disbanded on the 7th.

"The Nizam of the Deccan died on the 19th."

[Orders had already been received at Chatham for the embarkation of nearly 3000 noncommissioned officers and men, belonging to the provisional battalions, for the purpose of joining the service companies of their respective regiments in India. The detachments will be selected from the following depots,-8th, 10th, 24th, 27th Inniskilling, 29th, 32d, 35th, 43d Light Infantry, 52d Light Infantry, 53d, 60th Rifles, 61st, 64th, 70th, 74th Highlanders, 78th Highlanders, 81st, 83d, 84th, 86th, and 87th Royal Irish Fusiliers. It is rumoured that other regiments had also received intimations to hold themselves in readiness for service in India ; a state of preparedness which will be advantageous under existing circumstances.] The dates of the Indian correspondence are-Bombay, May 27; Calcutta, May 18; Madras, May 25. The commercial report is of more than usual interest under the circumstances.

"At Bombay the money-market was much higher, and the banks had raised their rates of interest. The transactions in the import-market were very limited. Exchange, 2s. lid. At Calcutta there was no particular change in either exports or imports. Government securities had advanced, Exchange 2s. Oid. to 2s. old."

The intelligence from Hongkong comes down to the 9th May, but it is without novelty. "Great distress is caused in China by the scarcity of food. The neighbourhood of Foochow continued disturbed by rebels. It is feared that serious injury will thereby be caused to trade.

Seven gun-boats have reached Hongkong, and further reinforcements are expected. Operations will then recommence."

Lord Elgin and suite, in the Singapore, left Point de Gale for China on the 27th of May.

Both Houses of Parliament sat last night, and applied themselves pretty closely to business.

In the House of Lords, the Oaths Bill was read a fust time. The Ministers'-money Bill was read a third time and passed. The Earl of CLANCARTY renewed his opposition on the third reading, and expressed considerable dissatisfaction with "the leader of the great Conservative party" for withdrawing his opposition. The Earl of DERBY excused himself: his conduct, he said, had "met with the entire and cordial approval, expressed in writing, of the. Most Reverend Primate of all Ireland." Lord CLANCARTY, however, divided the House, and was defeated by 24 to 7. In the House of Commons, the principal business was the second reading of the Probates and Letters of Administration Bill, and the consideration of the Fraudulent Trustees Bill in Committee. The ATTORNEY. Oimvitaz explained the provisions of the Probate Bill with great fulness. Mr. HENLEY seconded the motion for the recond reading. Many Members expressed a general approval of the bill, but with signs of difference of opinion on details. The second reading was carried after a full debate. The House then went into Committee on the Fraudulent Vustees Bill, but made little progress. Mr. Rolm expressed fears that the provisions of the measure would prevent persons of character from accepting the office of trustee; and moved an amendment on clause 1, intended to diminish that tendency. Although his fears were shared by other Members, the amendment he proposed was negatived without a division. Clause 2 was amended by the insertion of words to protect bankers who in the course of business made a proper use of money paid over the counter in the ordinary way. Here the Chairman reported progress. These two debates took up by far the greater part of the sitting. There were discussions on the administration of Justice in India. The Earl of .A.unixims presented three petitions from persons in Bengal condemning the changes proposed by the Indian Law Commission, especially the project for bringing Europeans under the jurisdiction of Native Judges. In the House of Commons, Mr. VERNON Surrn, replying to questions from Sir ERSIELNE PERRY, said that if the Legislative Council of India passed acts prejudicial to the welfare of that country, he should not call upon Parliament.to legislate until he had exhausted every means to induce them to amend those acts.

MONEY MARKET.

STOCIC EXCILLNOR, FRIDAY A FTIRNOON.

The demand for money throughout the week litis been much less than for some time past. The English Stock Market opened firm on Monday at the closing prices of Saturday : Consols for 9th July Account, 933 3 ; but subsequently experienced a decline of 3, closing flat at.-931 3. Up to the present moment there has been no change whatever in that quotation • there have been alternately buyers and sellers at 93 3-16. Business has been at a perfect stand-still ; attributable greatly to a prevailing uncertainty, if not mis trust, as regards the future of French affairs : in addition to which, the thin attendance at the Stock Exchange has tended to check any great amount of business, most of the leading opemtors having taken advantage of the fineness of the weather. The present general inactivity is somewhat unusual at this time of the year. There are mostly quiet markets during the months of August and September, but June is usually a month in which there is a good deal of business transacted. In spite of the Bank of France reducing its rate of interest yesterday from 6 to 53 per cent, the Rentes have declined 3 per cent ; the measure being considered by many as rather premature : it cer tainly has not been looked upon here with any degree of the prices of Stocks remaining perfectly uninfluenced. Should the next India and Ovine mails bring more favourable exchanges, it is more than probable that the market generally will improve, and we may not unreasonably look for a still further reduction in our own Bank rate of discount very shortly.. The Consol market closes as it has been all the week-933 3. Reduced Three per Cents, 923 3; New Three per Cents, 923 3. Bank Stock, 212 214.

Foreign Stocks have in sympathy with the surrounding markets exhibited extreme dulness. The only Stocks in which any fluctuation worth mentioning has taken place are 'furldsh ; the Six per Cents closing this afternoon as high as 961 3, and the New Guaranteed Four per Cents 1013 23. Spanish Certificates are also better ; the last price being 63 7; Ditto Three per Cents, 413 23; Ditto Deferred, 25161. The tranaactions in other things have been exceedingly trifling. Mexican closes at 223 ; Portuguese Three per Cents, 46 7; Peru Four-and-a-half, 773 781; Russian Five per Cents, 109111.

Railway Shares have been steady, with very little material alteration in prices. This morning, heavy shares opened good, but afterwards slightly declined ; and the market closes heavily, with little disposition to business all round. Caledonian at one time experienced a fall of 3 per cent, but has since recovered its original price. The following are the last nominal quotations—Midland, 831 84; London and North-Western, 1031 104; (.ireat Western, 65 ; London and South-Western, 1013 102; Lancashire and Yorkshire, 1003 3; Brighton, 112 113; Dover, 2231. Business in the French Railway Market has been equally dull. Prices have scarcely fluctuated, with the exception of Paris and Lyons' which rose from 581 to 603, in consequence of a belief that the position of the Bank of France was much better. The limited alteration made caused a rather violent reaction yesterday to the extent of a fall of 15s. per share. The anxiety about the elections has almost subsided.

It is some time since every department of the Stock Exchange has been characterized by such continued inanimation.

SATURDAY, TWELVZ O'CLOCK.

In consequence of the Indian intelligence published this morning, the English Funds opened 3 per cent lower : the market assumes a very heavy appearance. Consols, fin Reduced, 923 3. Foreign Stocks and Railway Shares are dull, with nothing particular doing. The Bank return of the stock of bullion this week gives another increase of 263,607/. SATURDAY, ONE °Trees. The Markets have been heavy all the morning, Consols closing a shade lower than at the opening ; business has been extremely limited. Foreign Securities are fiat, but with the exception of Turkish (the quotations being now about 3 per cent lower) there is little variation in prices. Railways are quietat somewhat lower valuations ; attention is chiefly given to preparations for the settling next Tuesday.

3 per Cent Consols shut Ditto for Account 921 3 per Cent Reduced 92I

New 3 per Cents 92

Long Annuities 276 1

Bank Stock 212 214 Exchequer Bills 8 die. 3 ills India Stock shut Austrian 5 per Cents 90 93 Brazilian 5 per Cents 99 101 Belgian 41 per Cents 96 98 Chitlins 6 per Cents 101 3 Danish 5 per Cents 101 3

, Ditto 3 per Cents 846

Dutch 21 per Cents 65 66 Ditto 4 per Cents 971 981 Mexican 3 per Cents 221 23 Peruvian 41 per Cents 77 9 Ditto 3 per Cent 53 5 Portuguese 3 pers Cents 1853 46 7

Russian 5 per Cents 109 11

Ditto 41 per Cents 98 100 Spanish 3 per Cents 411 21 Ditto Deferred 251 61 Sardinian 5 per Cents 88 90 Swedish 4 per Cents 83 6 Turkish 6 per Cents 951 6 Ditto 4 per Cents Guaranteed 1011 1

At a meeting of the South Australian Banking Company, on Tuesday, a dividend of 12 per cent for the year was declared. It was dated that no advances had been made to Directors ; that the securities had been examined and found correct ; and that the reserve-fund is invested securely. A proposal to increase the capital from 300,000/. to 400,000t.—in consequence of enlarged business—was approved.

The new Directors of the Agra and United Service Bank, who recently joined the bank on the establishment of its head-quarters in London, have h*d the accounts thoroughly examined by a professional accountant.

At the half-yearly general court of the Canada Company, on Thursday, a division of assets of 51. per share was declared. The Routh Australian Land Company, at a meeting on Wednesday, declared a dividend at the rate of 7 per cent per annum. The report presented by the Directors was encouraging, the receipts showing an increase. There haeleen a "panic" in the railway-alnun market at New York, originating, in the publication of a report showing a loss on the working of the Erie Railway for the past six months : the shares of this company fell from 373 to SO.

A vile compound called "brandy," put into casks and cases bearing the brands of Cognac houses, has been sent to Melbourne from America and Hamburg. The importers of real brandy having complained to the Collector of Customs that this stuff was entered as " bnuidy," ho ordered that it should be denominated " neutral spirit "—so the roguish exporters will not gain their end.