The Northern Daily Times.
Liverpool, Merseyside, England, 1857-01-26 00:00:00

AMERICA,

ARRIVAL OF THE NIAGARA.

The
1,, Royal Mail Steamship Niagara arrived in-
the
„:r6eY about half past one o'clock this morning, but her
mails were not landed until after three.
4The Niagara sailed from Boston on the 14th instant, and
oa the 16th instant. She reports the arrival of the
North American at Qaebec, and the Asia at New York.
111 e Niagara brings seventy passengers, a heavy mail,
atid
specie on freight mounting to 255,986 dollars.
The news by this arrival is a week-later.
Congress was in session, and a bill had been introduced
'eto the Senate, authorising a contract with the New York,
Newfoundland,_ and London Telegraph Company, on terns
:tiler in all particulars to those alreadyagreed upon between
referredPn and the ish Government. The subject was
to the Post Office Committee. The documents in
relationr,, to this company were sento to the Senate by the
vsideet, unaccompanied by any recommendation. Certain
'Loges of corrution, preferred against the House of Repre-
retatiies,
had been referred to a select committee. The
t`eglelature of New York were keenly debating the tone and
eqcleney of the Pr( sit!ent's message, and the question of
'tlor traffic had been already brought forward. A
measure to improve the Quarantine Regulations of New
y
°rk, had also been introduced.
ia The general au miscellaneous intelligence from the States
of much moment.
1,1 he steamship George Law arrived at New York on the
'tl; bringing San Francisco advices of the 19th ultimo,
tad about 1,300,000 dollars worth of gold dust.
Btlhe Supreme Court of California has declared the entire
tate One unconstitutional, except 300,000, and recom-
tbeaded the adoption of the debt by the legislature, and that
question of repudiation be submitted to the peopl3.
Francisco miniv., news-was favourable. The markets at San
btriate,?isco were dull, thsre had been large arrivals of goods,
,„,_'eey were nearly all stored up for want of demand.
4ne intelligence from Central America is not of much
tePortance, and adds but little to previous advices.
111rern Mexico we learn that Governor Garza, of Taman.
Yee had marched a force through Monterey, with the view
~-
subduing, if possible, General Valdomar, who had issued
a Proale
nunctatnento personally hostile to Garza. General
titt had retired into the interior, and Roses was beyond
alLouis Po osi with his command. •
outah.ere is nothing of special moment in the accounts from

COMMERCIAL INTELLIGENCE.
NEW YORK, Jan 13.
The Money Market here is well supplied, but not in
v eess of the demand, which has lately been a little more
ac'tve• Foreign Exchanges continue dull, but bankers
in
ataisotB7 ,?:ltoilallates. First class bills are generally held
4.

COTTON.
The market in this city, for cotton on the spot, has been
measure attributable
quiet during the past week, which is in a
attributable to the difficulty in shipping, in con-
eqactzce of the scarcity of ships, and the high rate of
freight demanded. The continued heavy receipts in
~outhern ports, and the absence of the foreign correspon-
esbe..,:sLeeathas also been prejudicial to large transactions; and
Saturday perhaps *c per lb might have been conceded
IYesterday the purchases amounted to 3,000 baleo, prin.
vell?allY, however, in transitu, and a better teeling pre-
eened. The full effect of the Asia's accounts were not
ii,„..vcl°Ped, as the letters were delivered late in the aftor-
`-m. The total sales I estimate at 5,000 bales, and last
week's quotations are continued, but they must be
considered full in the present state of the market. The
export for the week has been—to Liverpool, 2,92 ;
ulasgow, 235 ; Antwerp, 223. Total, 2,550 bales.
COTTON IN TRANSITU : There has been a good deal of
floating cotton offered and sold during the past week, a
tihrge Proportion being resales of purchases made during
IpaSt two weeks. The prices show the advance as
tr
lutag, and I quote on the basis of 9.16 d freight from
New Orleans:—Middling, 121 c; Mobile, 12 9-16 c; Low
12ie, From Savannah and Charleston, with
__eight, Id : Middling, 122 c ;, Low Middling, 12*c. The
_,m9unt on sale is now not large, but it is all offered. I
estimate the sales since 6th inst. at 10,000 bales.
By e telegraph the following had been received.
bales'.! Orleans, Jan. 10.—Receipts: for the week, 60,000
61‘611611;nsaestnai,elezveek last year, 40,000. Sales for the week,
Market without change.
lb ;to gle'rti.otit:Oldila62l.c'. 6,000. Market
to Liverpool, 9-16 d per
Werl, 12,000 bales; Cleared for Livrrpool during the
for Havre, 9,000; stock onhand, 404,000
Mobile, Jan. 10. Receipts for the week, 31 000 bales,
against 34 000
' same week last year. Sales for the week,
Diddling, 121 c. Freight to Liverpool, 9-16 d;
Jaavee, 1 3 16c. Stock on hand, 198,000 gales.
Charleston, Jan. 10 —Bales cotton to day, 2000 bales, at
advancing prices.
Chop, REM', Is, EXPORTS, &c.— The opinions en the
subject cf crop remain unchanged, notwithstanding the
heavy receipts, and the certainty that next week we shall
• show an excess over the amount received to same dates
last year. The free receipts have been already explained,
and excite no surprise, nor do they in the least impair
confidence in the estimates of a total under 8,000,000 hales.
The exports to Great Britain are small, being' only 30,000
°ales tor tbe week. Next week they must be quite mode-
ral2, since we know that for the week ending 10th instant,
at New Orleans the clearances we. e only 12,000 hales, and
at Mobile but 4,000. The export to France and the conti-
nent continues on a liberal scale.
The following is a statement of the movement in cotton
slum the Ist September last, as compared with the pre-
vious four years :