This match took place on Saturday, resulting in a victory on the first innings for the Merchants, by five ruys. The following was the score 1 0 1 1 1 7 3 of The whole of the yachts handicapped, with the exception of the Ariadne, turned \d crossed the line in the following:—Charm, 2h. Om, 453.; Undine, 2h. Om. 48s.; Louise, 2h. Om. 555.5 Thistle, 2h.
8s; Fairy, 2h. 2m. 34s.
The weather looked very threatening, rain having fallen in the morning, and all started with thei minds made up for a wet race. The wind was very light from the S.E., with a moderate flood tide.
The whole of the yachts, before arriving at Tuukadoo, had been obliged to tack, with the exception of the Fairy, who in starting had taken the precaution to keep well over to the Shanghai lo of the Ri thus the tack and very soon getting the Louise, After gotting clear of the junks the Undine drew away from the Charm, which was followed by the Thistle the Fairy (whose rigging was working better) gaining on her and the Louise dropping astern, About this time the rain began to fall very heavily and the wind died away. On arriving opposite the Arsenal, the yachts were nearly becalmed, and as the vessel the reach were commencing to swing to ebb tide the whole of the yachts, with the exception of the Lowtise, in view of the tide selling againat them and the hardly percep-
Text read from the printed page and cleaned; old type leaves the occasional error.