The Northern Daily Times.
Liverpool, Merseyside, England, 1856-12-17 00:00:00

CO NIMERCIAL.

CALCUTTA, Nov. 8 —The advice] from the Upper Pro-
vinces continue favourable, and, as our stocks generally are
very moderate at present, importers have succeded in ob-
taining a further advance as regards all descriptions of gray
cools, such as sbirtings. jaconets, madapollams, &c. White
figured ehirtings hove also commanded general attention
and higher prices, while larger purchases in mule twist
have been made in fulfilment of orders, without, however,
as vet leading to any improvement in value.
BOMBAY, Nov. I6.—The banks have again raised their
rates of interest one per cent all round, which now range
from 6 to 9 per cent. The accounts from the interior of
the crowing grain crops appear to be very favourable.
Tonnage.---Freights continue firm for Liverpool, £3 7s
61 ; for London, £3 5a to £3 7s 6d ; for China, llrs to 12rs
per candy.

AMERICA.

ARRIVAL OF THE CITY OF WASHINGTON,

[A portion of the following appeared in Yester-
day's second edition :—]
The Philadelphia steam ship Company's steamer
City of Washington, Captain Wylie, arrived yes'
terday, bringing New York papers to the 4th, and
Philadelphia news to the sth instant. She has
also brought 50 cabin and 145 steerage passen-
gers. She left the Delaware at 730 p.m. on the
4th, and has, therefore, made the passage in eleven
days nine hours and a half. During the passage
she experienced moderate weather.
The papers contain the Report of the Secretary
of the Treasury, as also, the Report of the Secre-
tary of the Interior, both of which are very long
documents, occupying each many columns of the
American journals. The report of the Treasury is
the most important. Many of its statements pos-
sess extraordinary interest. It is estimated that
the agricultural and manufacturing productions for
the year 1855, amounted, in the aggregate, to
2,602,363,924 dollars. The gold and silver coinage
of the United States from 1793 to 1856 amounted
to 549,341,514 dollars. In 1844, before the gold
mines of California were discovered, the total of gold
and silver in the U S. was estimated at, 100,000,000
dollars. The imports and receipts of bullion at the
Mint, from American mines, after deducting the
exports, up to the 30th of September, 1856, have.
added at least 150,000,000 dollars to the amount
of gold and silver in the country, without taking
into consideration the amount brought in by emi-
grants and returning travellers, nor the amount
carried out by travellers and merchants, not en•
tered at Custom House ; nor the amount used in
the manufactures, nor employed in the arts. A
modification of the tariff is proposed, and it is sug-
gested that the free list be increased, by admitting
the raw material used in American manufactures,
to free entry, and therefore giving to the capital
and labour of American people equal competition
with the capital and labour of foreign countries
that pursue a like course. It is suggested that
there are a multitude of other articles in general
consumption, such as salt, should be added to
the free list, and the tariff on some other imports
should be reduced seven or eight millions of
dollars. A summary of all the reports will be found
below.

All the papers were keenly criticising the tone
and tenor of the President's Message—of course
his party laud it to the skies as the production of
an acute and able statesman—whilst the other side
perceive in it many flaws and drawbacks, errors of
omission and commission, which none but a politi-
cal blockhead would be guilty of committing. A
New York Correspondent writes us The anti-
slavery men squirm a little under General Pierce's
homily on the slave question and the late election,
and dissent from the deductions which he draws
from the result. But the Democrats warmly an,
plaud the document, while the Fillmore men partly
condemn and partly approve. As yet no business
of importance has taken place in either branch of
Congress; but it was anticipated little time would
elapse ere the different parties would have a regular
set to.
Late advices from Havannah mention the reported
re-appointment of Gen. Concha as Captain Gene-
ral is not confirmed. It is believed that the efforts
now being made to introduce African apprentices
will prove unsuccessful. Sugars are firm, and the
stock reduced. Exchange in fair demand.

COMMERCIAL INTELLIGENCE.
NEW YORK. Dec. 3.—Money is in active demand, but the
supply is abundant. Exchange is dull, and the best sterling
bills at 1084 to 109. The Persia is likely to take out alarge
quantity of specie on Saturday. Cotton has been steady since
the despatch of the Niagara's mails. Bread-stuffs continue
steady at full rates. Most articles of the provision trade were
in moderate demand at full rates. Freights are lower :
flour to Liverpool, 2s ; grain, 7d to 8d ; and heavy goods,
203 to 255.
PHILADELPHIA, Dec. 3.—Holders of cotton are firm in
their demands. The flour market is unchanged but rather
quiet. Wheat comes in slowly, and under a moderate
demand, for milling prices rule stationary. The provision
market is without much improvement. Mess pork is quoted
at 18 dole 75 cents.
Moums, Dec. I.—The cotton market is firm, with a good
demand for France and the Continent. Sales of the week
16,000 bales, closing at 11! for middling. The receipts of
the week have been 20.000 bales, or an excess of 2,000, as
compared with the same week last year. Freights are firm
at 9-16 c for cotton to Liverpool. Exchange on London dull
at 8 per cent. The rivers are becoming navigable again.
CHARLESTON, Dec 2. .—The sales of cotton yesterday were
1,500 bales, and to-day 1,800, at full prices.

TIIE TREASURY.
This voluminous document, but no less an in—
teresting one, containing as it does a review of the
financial policy of the administration of General
Pierce, sets out with stating :
That during the last fiscal year, the receipts into the
treasury were 73,918,141 dols 16c, being in excess of the
estimate, which was 67,918,734 dols 26c. With the balance
in the treasury from the previous year, the aggregate of
available funds amounted to 92.850,117 dole 47c. The ex-
penditures of the year reached 72,948,720 dole 2c, being in
excess of the est;mate, which was 71,226,846 dole 91c. The
balance in the treasury at the close of the year was
19.901,325 dole 45c, against a previous estimate of
15,623,863 dols 36c. The actual and estimated receipts of
the current year reach pretty much the sums figure as
above, and calculate on a balance of 22.345,222 dole 81c,
being in the treasury on the 30th June, 1857. The national
debt, which, on the advent of the administration, was
i
69,127,937 dole 27c, and was subsequently ncrease.dby the
sum of 2,760,000 dole to liquidate the Texas debt, giving a
total of 71,879,000 dols has since been reduced to the sum of
30,963,909 dole 64c. In addition, however, we have a
liability. under Indian treaties, amounting to 21,066 501 dole i
36 , which, as it becomes payable, constitutes an tetnof
annual expenditure, and is estimated for by the Interior
Department.
Much of the report is speculative on the demand
and supply of various kinds of goods, and the
progressive domestic product of the various kind,
referred ; all, of course, having reference to the
Secretary's views in favour of a reduction of the
tariff on imports, which he agsin presses upon the
attention of Congress, as ho did in all his former
reports. He especially favours the removal of the
duties on wool and other raw materials. His re•
marks on wool are to the following effect:—
.When we first imposed a tax on foreign wool, Great ;
Britain and other manufactufing nations taxed it also, and 1