London, 30th June.
Extreme antagonism prevails between Prince Milan of Servia and Princess Natalie, the Queen, who is in the Crimea and is forbidden to return to Servia.
In another column will be found a very interesting letter from Mr. Hartwell, who was a passenger by the Oder, giving an account of the loss of that vessel, and of the rescue of the crew and passengers by Holt's steamer Cyclops. It is pleasant to see the laudatory terms in which Mr, Hartwell speaks of the conduct throughout of the officers and crew of the Qder, and of the kindness of Captain Nish, and the crew of the Cycl whose resources must, provide' for the sudden addition of some hundred and seventy souls to her company. Passengers are soap to find fault when their steamer has been wrecked, that Mr, Hartwell's letter comes as a refreshing change. The letter has reached us through the polite care of the commissaire of the Oxcus.
The Moyune, with the first teas from Hankow, arrived in the Thames on Saturday morning last, making the voyage in thirty-seven days from Hankow, or thirty-five from Shanghai, or at an average speed of thirteen knots an hour. The Glenogle sed the Canal some time before Friday t, and is apparently about keeping her distance from the Mayne.
News has been received by wire of the sale of about half the cargo of the Moyune on Monday. Prices were the lowest ever known for the first new teas, and about two-pence a pound, or nearly 25%, under last year's opening rates for Shantams, which, costing, by the book 74d., were sold yesterday at6}d. Medium teas are scraping out in some case or giving small losses, while the few fine teas sold are said to be covering cost. This is avery melancholy result when it is remembered that there was no more new tea to arrive for at least a week, that the crop generally is going forward much more slowly than usual, and that it must be known at home that second-crop tea has not yet made its appearance at Hankow to any extent. The China tea trade, say the pessimists, is finished; the warnings that have been reiterated year after year have been justified at last.
The tea news from home is not really bad as it seemed at first. Only common. teas are losing money, and the market seems to be strengthening for good teas. Meanwhile, there are only common teas on the market here, which buyers generally do not care to touch, and this restricts shipments, and must react favourably on the home market.
Tuesday last being the anniversary'of Her Majesty's coronation, the British inn:
Text read from the printed page and cleaned; old type leaves the occasional error.