The Northern Daily Times.
Liverpool, Merseyside, England, 1857-02-02 00:00:00

TilE N j-aN rr-TME,

a steatn tug which happened to be in the neighbourhood
when the disaster happened, and which also picked up the
crew and brought them to the city.
News from Havanna to the 11th ult. had'reached
New York. It states that the American war
steamer El Democrata, had been. Surrendered by
the runaways to the legitimately commissioned
commander, Captain Ferrer. Senor Villivacenia,
the officer lately in charge, prefered to remain in
Havanna, rather than take the risk of a trial in
.Mexico. The sentence passed on the Isle of Pines
conspirators had not been promulgated. The
slave trade was brisk and profitable. , In Havanna
and Matanzas the opera troupes were earning new
laurels, and filling their purses rapidly. Spanish
intrigue in San Domingo was continued. Trade
has improved, freights upwards, and the rate of
exchange unaltered. The weather was fine, after
an unusually " col'l term." _ _

Our advices from Vera Cruz are to the 30th of
December. They furnish us with details of the
capitulation of Puebea, and of the quelling of au
insurrection in San Luis,Potose. Great consterna-
tion had been caused in the Cityof Mexico.
by the announcement of the resignation of the
Minister of Finance, and of his being succeeaed'ly
Senor Payno. A terrific hurricane had passed over
the city and harbour of Vera Cruz on the 20th
December, during which the war steamers Guada-
loupe and Intennido, aad the American pilot boat.
Estella, were wrecked, and 85 persons belonging
to the crew of the ltonbido wore drowned.

By way of New Orleans, we have later advices from
San Juan del Norte. It informs us that the Costa
Rican forces, protected by the English fleet, have
seized every steamboat on the San Juan river,
Colonel.Lockridge has possession of Punta Arenas,
which he holds with 250 men. The forces of Costa
Rica, about one thousand strong, hold every other
point on the river•. General Henningsen has
beaten the allies at Granada, and joined General
Walker at Rivas. The army never was in better
spirits, nor more confident of success Among the
allies there'existed great discord, and they were
fighting among themselves. The passengers from
California, by the Orizaba, left Virgin thy on
the 3rd instant, for San Juan del Norte, on the
steamer San Carlos. This boat was captured by
the Costa Ricans after she got into the river.
A later • account says :—" Walker was in a
desperate condition, and not expected to hold out
much longer. He has been beaten on several
occasiens of late, and the Costa Ricans have seized
the river boats running from Grey Town to the
lake Nicaragua, and stopped the communication
between that place and Walker's forces. An
American steamer had, a few days previous to the
sailing of the Clyde, arrived at Grey Town with
about 150 men, and a quantity of provisions, for
Walker. They were, however, still remaining at
Grey Town, having no boats to ascend the river."

COMMERCIAL INTELLIGENCE.

NEW YORK, Jan. 17.

The Money Market is the turn easier than it was in the
early part of the week, and rates have still a downward
tendency. This improved condition of the finances was
brought about mainly by the slight " let up " in the drain
of specie to the sonar, consequent upon the increased move-
ment of cotton there, superinduced by a concession in prices
and a decreased demand for money, here on account of the
temporary inactivity of general trade. Sterling is in pretty
good supply. Several back mails from the south having
been received, and the market may now be said to
have a tame aspect. The specie shipments are now light,
and it is probable that the Bank statement this week will
show a liberal accession to the specie reserves. The current
money rates are 8 to 9 per cent. for prime 60 days to 4
months paper, 9 to 10 per cent. for 4 to 6 months paper, and
7 par cent on cash. Bills on L )radon aro still done at loBb
to 1081.
The following is the latest state of our leading markets :
Mims : Sales of fO barrels pots were made at 71c to Vic.
Be EADSTUFFS : Flour—The market was firm, with a fair
demand from the trade and for export. Canadian was firm
but quiet. The small sales making were within the range
of the (potations. Southern Ihur was unchanged. The
sales embraced about 406 to' 500 barrels at the quotations.
Wheat : The interruption to facilities for delivering it to
purchasers, in consequence of obstructions from ice, checked
sales, mile prices continued firm. Corn : The market was
steady, withlirnited sales. We could only hear of 8,000 to
9,000 bushels Western mixed, from store, 72e. For parcels
to be delivered alongside of ship 75c was asked. Rye
was quiet, while small sales were reported at 880 to 89c.
Oats were firm, with moderate sales.

COTTON.—A. further reduction of sto cent has
been submitted to, in consequence of continue"! heavy re-
ceipts, and decline on prices at the Gulf ports. At the
reduction a fair business has been done, and the market
closed with steadiness.

PROVISIONS.—Pork --The market was steady, but some-
what 1. ss buoyant. The sales embraced about 300 to 400 brls.
including new mess at 20 dols. 50c., and old do. at 19 dols.
624 e. al9 dols. 50c., with old prime at 17 dole. Beef con-
tinued firm. with little to ba had, except atoutside quotations.
The sales embraced about 300 to 400 brls. including country
prime at 9 dole. to 10 dais., and country mess do. at
10 dole. 50e. to 12 dole. 50c. ; old reniekel was scarce : new
Chicago was at 15 dols., and extra do. 16 dole. Cut meats
were firm and in good d-nnand, Pickled shoulders were
held at Bc. to 81c., and hams at 10c. to 10to; 50 hhds.
smoked shoulders were sold at 8; Bacon was firm and in
good demand, 600 brig singed middles were sold, deliver-
able in Baltimore at 11c. ; 300 boxes short boneless middles
on the spot at 11c , and 1,000 do. long ribbed middles,
deliverable in New Orleans, at 10c. Lard was firm ; 600
brie. were sold, deliverable in February, at 13c., and 200
do. on the spot, at 121 c. to 128 c. Butter and cheese were
without alteration in prices.
SUGARS continued quite firm, with sales of about 1,000
boxes at 100 to 1010; 800 to 900 hlris Cuba Muscovado
at 80 to 9ic to lOic ; 50 do. Porto Rico at 10Ic, and 25
do. New Orleans at 11c.

TOBACCO : Buyers find prices continually advancing, and
begin to submit to higher rates. Desirable grades are
readily taken. Ths sales included 138 hhds Kentucky and
Maysville at 12c to Mc ; 331 bales Havana at 33e to 60c ;
50 do. Cuba p. t. ; 72 cases seadleaf at 18c to 28c ; and 78
do. Florida at 38c to 45e.

FILBIGHTS : Shipments of grain were suspended on
account of the ice, which had locked it up arid rendered it
difficult, if not impossible, to deliver it on board ship.
The nominal rates in bulk and bags were 7d to 7id for
Liverpool, for which port about 2,000 bales of cotton were
engaged at id, and 1,000 to 2,000 bbls flour, at 2s 3d to 2s
6d. Bacon and lard were at 255. To London flour was
3s; both bacon and lard at 30s. There was no change to
notice In rates for Glasgow.

THE vvEsr INDIA MAIL.

[FROM OUR OWN CORRESPONDENT.]

SOUTHAMPTON, SATURDAY.

The Royal Mail Company's Steamship Atrato,
Captain Woolley, arrived this morning, at 8 o'clock,
from the West Indies, with the usual mails in
charge of Lieutenant Oxenham, RN , Admiralty
Agent.
On her homeward voyage the Atrato experienced
fine weather for the first week, and subsequently
easterly anti strong north easterly winds.
The latest dates brought by the Atrato are—
Santa Martha, January 6th; Tampico, 2nd; Vera
Cruz, sth; Grey Town, 6th; Colon, Bth; Havana,
11th ; Demerara, ; Trinidad, 9th ; Carthegena,
10th ; Jamaica, 11th ; Grenada, 9th ; Barbadoes,
11th ; Jaemel, 13th ; Antigua, 13th ; St. Kitts,
kith; Nevis, 12th; Montserrat, 12th; Porto Rico,
15th; Bermuda, Bth ; and St. Thomas, 17th.
The following is a list of p issengera, and fnm whence.
—Miss Campbell, St. Vincent ; Mrs. Satchell, fainily, and
servant, Antigua ; Mons. R mauld, Guadaloupe ; Mons.
Bowinie, Greytown ; Mons. N. Vasallo, Callao ; Captain
Berryman, Guayaquil Mr. J. Wake, Panama ; Mr. J.
Gable, Colon ; Captain Freeman, Jamaica • Mons. Andain,
Jacmel ; Messrs Mallebly, Hitchins, Sevin, Albers, and
Mahn, Vera Crnz; Don Pedro Escudos, late secretary to
the Mexican legation in Paris, Vera Cruz ; Mons. Des—
marais, Havana.—Total, 33. Also, nine invalids from the
fleet at Grey Town, two distressed British seamen from
Carthegena, nine do. from St. Thomas.

The- Airato brings on freight 2,287,785 silver
dollars on merchants' account, 25,000 dollars for
the dividends, 611,030 dollars gold dust, and
gold in bars, 326/ platina, 2001 jewellery, 74
serons .of cochineal, 9 scrolls of jalapa, 1,4001
pearls, 9 deices of coffee, 20 barrels of ginger, 140
cases of cigars, 169 bales of tobacco, 440 bags of
cocoa, 4 bales of hats, 7 cases of tortoiseshell, and
a general cargo, consisting of 72 packages.
From JAMAICA there is but little news since the
last arrival. The state of commercial news Matters
were never so unsatisfactory as at present. The
past year has been one of trial, and few commercial
houses have emerged from it without serious
losses. The failures have been numerous and
heavy, and the state of commercial credit has
become so circumscribed as to be, felt most in-

juriously in every department of trade. Exchange
on London at 90 days, was quoted at 1 per cent.
premium. Exchange on London at 60 days, was
quoted at 1 per cent. premium. Exchange -on
London at 30 days, was quoted at 11 yer cent.
_ _
premium. Private bills at par. On New York—
Merchant's bills la. per cent. premium.
The Jamaica Colonial Standard publishes the
following summary of the news by this arrival :
Little or nothing has occurred since the departure of the
last mails to vary the monotony of life in this colony. The
Christmas holidays have passed over with more than usual
quiet. The latest accounts from the agricultural districts,
however, state that the labourers had not yet gone to work,
and probably it wi 1 be another week before the estates are
again enabled to muster their field strength. The state of
commercial business has probably never been so unsatisfac-
tory as at present. The past year has bean one of severe
trial, and few mercantile houses have emerged from it
without serious losses. The failures have been numer-
ous and heavy, and the state of commercial credit
has become so circumscribed as to be felt most injuriously
in every department of trade. A most serious case of fraud
has been the object of very general conversation for some
time past, but, owing to the difficulty of a-riving at
authentic information, we have been unable hitherto to lay
the facts before the public. It would seem, hewever, that
a deep laid scheme for defrauding the underwriters at
Lloyds was conceived and carried out by a firm, claiming
the character of merchants, at a Northside- Port. In
furtherance of this scheme a vessel called the Adele, sailing,
we believe, under the American flag, but notoriously un-
sound, was chartered and insurances effected upon her to a
fabulous extent. We have seen a list of the articles
insured, and of the prices nn which insurance was
effected, and we shall shortly give publicity to it. As
a matter of conrse this vessel was lost. It is
said she was fired purposely, within two days
sail of New York. Fortunately the underwriters had notice
of the fraud, and they despatored a commissioner to this
country for the purposes of enquiry and of evidence. The
mission has been so conclusive, that it is now known that
the guilty parties have fled. We forbear for the present
the publication of names; which, however, we shalt not
hesitate to place before the public as soon as a sufficient
confirmation of some of the facts of the case are attained.
It is satisfactory to believe that no other mercantile house
in tbis country has been_knowingly mixed up in this nefa-
rious transaction ; although it is to I» feared that a Loudon
house, immediately connected with the defaulters in this
island, is unpleasantly connected with it.

From Demerara we learn that cholera has broken
out—nothing but the mails were received. Freights
have an upward tendency, and all the vessels in
the river were either loading or chartered. The
Special Session of the Combined Court was opened
on Friday the 28th ultimo, all the Members being
present except the Honorable P. Rose, who, we
regret to say, had been prevented by severe indis-
position from attending. The Court was convened
for the special purpose of considering whether the
resolutions of the Combined Court of 1855. and 1856
might not be altered so as to require the payment of
the bounty money in cash at the time of the indenture
of the Coolie, and also whether the colony would
be prepared to provide for the payment of the ex
peaces to be incurred in India for continued emi-
gration after the season 1856 and 1857. This
special session was rendered necessary in conse-
quence of the failure of the negotiations for raising
a loan under the emigration loan ordinance, No.
1.6, of 1855. Under that ordinance it was proposed
to raise a loan for the payment of advances for
emigration purposes to the planters who were to be
allowed to extend the repayment of such advances
by annual instalments over a period of five years.
The failure of the loan put an end to the possibi ,
lity of such an arrangement being, carried out, the
governor having no funds at his disposal to make
advances from, and as the Coolies had been ordered
and to the number of about 4,400 were on their way
to the colony, it became a matter of the most press-
ing necessity that the government should take
immediate steps for providing the meatis of paying
for the Coolies on their arrival. The governor had
no other alternative but to call upon the planters
who had ordered the immigrants to pay for them in
cash, and that course having been also recom
mended by the court of policy, his Excellency
issued a circular letter to the proprietors of estates
who had applied for immigrants, calling their
attention to the altered position of the colony,
and requesting them to state how many
Coolies they would be preP tred to take and to
pay for in ready money. Acceptances were.,
sent in for 2,400, and the rest would, in all proba-
bility, have been taken up ; but for an agitation
which was got up among the planters in Berbice;
who were.nuder the impression that the step pro_
posed by the Governor was unnecessary, and that
it would be productive of much inconvenience—
' especially to the poorer estates, which might be
avoided. A strong remonstrance was sent to the
Governor. The Court of Policy, after some dis,
cussion, adopted a series of resolutions on the
subject. Among them are the following :—" That
this court learns with satisfation that her Ma-
jesty's Government are disposed to recommend
the establishment of immigration by private enter-
prise from Bombay, and have every hope that the
arrangement, with such modifications as the Go-
vernor and the Court of Policy may find it neces-
rary to recommend, will receive the assent of the
Court of Directors of the East India Company ;
and that his Excellency the Governor and the
Court- of Policy be recommended to request her
Majesty's Government to extend the same system to
the ports of Calcutta and Madras as has been con-
ceded to Bombay. That the Governor be requested
to communicate to the Secretary of State the earnest
desire of this Court, that Her Majesty's Govern-
ment will be pleased to sanction immigration from
China to this colony by means of private enter-
prise, upon the distinct understandint4 that a fixed
proportion of females shall be introduced by each
ship. This Court adheres to the determination
come to by the Combined Court of 1855, that the
cost of the passage hither of Indian immigrants,
at an annual rate of $5O per adult, shall be paid by
the employers to whom they may be indentured.