The Northern Daily Times.
Liverpool, Merseyside, England, 1856-08-28 00:00:00

AMERICA.

ARRIVAL OF THE INDIAN

The Canadian Royal Mail Steamship, Indian,
Captain Jones, which sailed from Quebec on the
16th inst., arrived here yesterday morning, after
an excellent passage of about ten days and a half.
She brings 146 passengers.
The steamship Chester, which sailed from Lon-
don on the 24th ultimo, had arrived at Montreal,
after a run of twenty-two days.

The news by the Indian is three days later than
that contained in the papers brought by the

Arabia

There is not any political intelligence from
Toronto, the seat of the Canadian government.
The dissolution question remained in static quo,
nor was it expected that anything could be done
in reference thereto, until the return of the
Attorney-General who was absent.

A meeting had been held at Toronto for
the purpose of establishing a western line
of steamers in connection with the Ontario,
Huron, and Simcoe railways. The object
of the undertaking is to bring the traffic of the
whole western waters through Canada. The
intended capital is £250,000, to be called in at the
rate of 20 per cent. per annum, and the company
is to be formed, not by charter of incorporation,
nor under the partnership act, but by some means
according to our Joint Stock Companies organiza-
tion, so as to secure limited liability in the fullest
acceptation of the terms.
The friends of Mr. Cauehon, member for
Quebec, had determined upon entertaining him
at a public dinner. Some parties regarded the
affair as an attempt to get up a demonstration
in favour of the Ministry- A meeting had been
held at Quebec, to consider the conduct of the
Ministry, and politics in general. Both parties
claim the victory ; but the anti-ministerial-
ists remained on the ground, . which was
regarded as a defeat of their opponents. The
resolutions adopted censured the ministry for not
carrying into effect the votes of the House of
Assembly in favour of establishing a permanent
seat of government at Quebec, expressed regret
that the House had not passed a bill to secure the
independence of the members of the legislature,
and strong disapprobation of the constant increase
of the expenses of the government. The sixth
resolution was a direct and simple vote of non
confidence in the ministry. The malcontents formed
themselves into another meeting, declared them-
selves to be the greater part of the people of
Quebec, and setting forth their satisfaction at all
their ministerial doings. _ _

The government had been condemned for its
course of action at Peterboro'.
_ _ _

The distribution of the French war medals to the

39th regiment, had taken place at Montreal. At
the conclusion of the ceremony, Colonel Monro,
Commanding Officer of the regiment, addressed
the troops, eulogising the profession of arms. A
large number of spectators were present, who took
great interest in the ceremony.
Our New York advices are dated August 14,
inclusive. From Washington we learn that it was
generally anticipated that the army and civil ap-
propriation bill, involving an amount of money to
the extent of 19,000,000 dollars, would be rejected,
owing, it was said, to the opposition of the
democracy. The southern members were quite
indignant at Mr. Campbell's statement that the
President intended to liberate the Kansas prisoners.
A message from the President had been received
in the Senate, in reply to a resolution of Congress
relative to the Protocol of the Peace Congress on
privateering. The treaties with Austria and Baden
relative to extradition of persons charged with
certain crimes. _ _

By the arrival of the steam-ship Ariel, at New
York, with gold dust amounting to 1.473,676
dollars, we have dates from San Francisco
ti July 15. The political news therefrom is unim-
portant. The Vigilient Committee continued their
exertions to repress crime and outrage. The
election of State officers was engaging public
attention. Excitement and depredation were
still entinued on the borders of Oregon.
The California papers abound with detailed
reports of a series of terrific and destructive fires,
involving a loss of property to the amount of nearly
3,600,000 dallars. Among these is one at Place-
ville, damage 600,000 dols ; village of Georgetown,
100,000 dols.; Marysville, 160,000 dols. Several
lives were said to be placed in jeopardy by the
occurrence.

COMMERCIAL

At New York the money market was less ex-
excited, and the rates of accommodation easier ;
loans on call were made at 7 per cent. Exchange
was ten ding, downwards, and it was expected thatfur-
ther remittances would be made by the Atlantic
Bills on London were quoted NOR-. The demand
for cotton was quiet ; sales limited, and prices
steady. Flour had been held with firmness, although
small sales only were reported. Wheat commanded
a ready sale, and Indian corn sold at full prices.
Freights were firmer. We quote cotton to Liver-
pool, Ad ; flour, is 3d to is 44 ; rosin, is 9d to
2s 4d. - - - . . .

Our Quebec commercial advices inform us that
the recent heavy rains had affected business, pre-
venting country buyers from going to that city,
but renewed activity was anticipated on the return
of good weather.
Messrs. Bell and Forsyth thus report the
timber trade :

The transactions in white pine continue to be numerous
and prices fully maintained, the demand being principally
for 55 to 65 feet, for which in the raft 7d to 8d may be
considered the market value. In red pine the demand is
still languid. Oak is tolerably firm in price, and elm is
much enquired for, if large and straight Two rafts of
Bay Quinte, of 41 and 43 feet average, were lately placed
at 21d. Small timber, however, bears no relative value.
Staves are more enquired for, especially puncheon, the
quantity coming forward being limited. Standards sell by
the small parcel at our quotations, but by the quantity at
£55, if culls are taken with them. Deals, if all elevens or
a very good specification, are saleable, it fresh cut, but for
old stock, or specifications, in which seconds or thirds
predominate, it Is almost impossible to realise even at very
reduced rates. Freights are scarce and on the advance.
£6 for deals for London, and 339. for Liverpool may be con-
sidered fair quotations ; Cork, 375. 6d.; British Channel,
about 355.