The Liverpool Standard and General Commercial Advertiser.
Liverpool, Merseyside, England, 1838-02-06 00:00:00

rHE LIVERM)OI.. STANDARD.

NEWS FROM CANADA.

The Ramona steamer arrived at Falmouth on Thursday, and
landed the letier-bags from the American ship Montreal, con-
taining New York papers to the 10th ult. inclusive,
.two days
later than those brought by the Roscoe.
These journals communicate the debates in congress down to
the evening of the Bth ult., and we are happy to see that though
the irritating affair of the Caroline had been formally made
known by a message from.the.government; these debates gene-
rally preserved their previous reasonable and pacific tone. The
message of the President describes the event in strong terms of
censure, but admits that a preliminary inquiry is necessary to
demanding satisfaction from the British government. In the
Course of the debate that followed the delivery of Mr. Van
Buren's message, the following just and candid observations
were offered by two representatives, which may he taken as
characteristic of the prevailing feeling of the members of the
United States government and legislative body :
" Mr. Bronson, whilst he vindicated the administration, con-
tended that those who live in glass houses should not be too
ready to throw stones. This alight, probably, be the situation
of our own people. It might turn out that the people now con-
gregated on Navy Island were exciusirely, or nearly so, citizens
of the state of New York ; and it might turn out that this very
steam-boat Caroline was carrying arms, ammunition, and men to
them. This was some reason why we should not pull the string
too tight."
• ." Mr.. Rhett could not yet make up his mind whether this act
of cutting out the boat was right or wrong, until lie should have
the toll facts before him. There had been a constant com-
munication between the Canadian shore and the United States
shore; and not means of communication had been this very boat.
It' she was supplying the people on Navy Island with men and
munitions of war, he was inclined to believe that /IPNab's troops
had dune what any other men would have done under the same
circumstances. We had none to blame but ourselves. A rebel
chief, a fugitive from his country, had crossed the frontier, and
in open day, by violent and inflammatory speeches, bad insti-
gated American citizens to take up arths This individual, a
traitor in the view of the British authorities, had been permitted
openly to recruit men in the public streets of Buffalo. Was
this all P No. A body of men, 99 out of 100 of whom were
Americans, had gone over upon a neutral island, and established
themselves in an hostile attitude, and in open defiance of the
British government and of the laws of nations. If he had been
in the situation of Colonel M`Nab, and had reason to believe
that the boat was engaged in such a proceeding, he believed he
should have done the same,-and so he supposed would any other
man of any intrepidity. Gentlemen ought not to forget the
ground taken by General Jackson with the Spanish authorities
at Pensacola, and maintained so ably by that gentleman from
-Massachusetts. then Secretary of State. Then we held, that if
the Spanish officers received refugees from the American
and suffered them'to remain, and to have protection within
Spanish fortresses, we had a right to seize upon them by -the
stroisg hand. Were we not now in a similar situation ? Had
not we received, cherished, encouraged refugees. from -Canada,
and suffered them to muster men and a-ins within our own
territory ? He insisted that this nation was in the wrong. Our
own people, without any authority or permission from their own
gOvernment, had plunged into this Canadian contest : on them
rested the responsibility, and not on- Congress or the adminis-
tration."

Accounts from Buffalo of the date of January 4, state that
three steamers had been cut out of the ice for the purpose of con-
veying the pirates from Navy Island up the to key to Fort Mal-
den, in the county of Essex, where Dr. Duncombe is said to
be at the head of a considerable body of rebels. Fort Malden
is situated upon the extreme west bank of the planted and set-
tled country, separated from the waste Indian territory of the
states by the Strait of Detroit, which unites Lake Erie with
Lake Huron. It is about 250 miles west of Toronto in the di•
reel line, probably 3;10 miles by any practicable road. This
remoteness from the seat of government and from the civilized
cottony, and its proximity to the desert over which the States
assert their ownership, is no doubt its recommendation as an
asyloan for the rebel and pirate banditti; but that they were
driven to such an asylum is proof of their despair, and of the
extremity of their circumstances. The pirates will have to tra-
vel the whole extent of Lake Erie (240 miles) before reaching.
Malden. Sir Francis Head will be less active and energetical
than he has hitherto shown himself, if he does not adopt means
to intercept them.
It appears by the Montreal papers of the Ist ult., that M. M.
Girouard and A.B. Papineau (not the chief rebel of that name)
concerned in the rebellion of Grand Bruit% have surrendered
themselves to justice, probably in despair of escaping the pur-
suit instituted against them and the other fugitive traitors by
Sir John Colborne.

HOUSE OF REPRESENTATIVES, WASHINGTON,

MONDAY, JANUARY 8.
CANADA.

The following message, in writing, was received from the
President_ of the United States by the hands of his Private
Secretary, Abraham Van Buren, Esq. :
" To the Senate and House of Representatives, United States.
"In the highly excited state of feeling on the northern fron-
tier, occasioned by the disturbances in Canada, it was to be ap-
iorehended that causes of complaint might arise on the line di-
;,iding the United States from her Britannic Majesty's domi-
nions. Every precaution was, therefore, taken on our part, au-
thorised by the existing law, and as the troops of the provinces
were embodied on the Canadian side, it was hoped that no serious
violation of the rights of the United States would be- permitted
to occur. I regret, however, to inform you that an outrage of
the most aggravated character has been committed, accompa-
nied by a hostile, though temporary, invasion of our territory,
producing the strongest feelings of resentment on the part. of
our citizens in the neighbourhood, and on the whole borderline,
nod that the excitement previously existing has.been alarmingly
increased. To guard against the possible recurrence of any
similar act, 1 have thought it indispensable to call out a portion
of the militia, to be posted on that frontier. The document
herewith presented to Congress shows the character of the out-
rage committed, the measures taken in consequence of its
occurreuce, and the necessity for resorting to them. It will
• also be seen that the subject: was initnediately brought to the
notice of the Uritish minister accredited to this country, and
the proper steps taken on our part to ()main the fullest infortna-
ti<.. ~r oil thc ~trcomstances leading to and
transactions preparatory to a demand for reparation. 1
such appropriation as the circumstances in which our country
is thus unexpectedly placerequire.
'Washington, Jan. 8, 1838. " M. VAN BUREN.
The message was accompanied by the documents from the
district officers of New York. and affidavits from the citizens in
the steamer Caroline. Mr. Poinsett's letter to General Scott is
also one of the documents, and also his letter to the governors
of New York and Vermont, calling for troops. Mr. Poinsett's
letter to General Scott gives hint full authority and command
over the troops. The president transfers all his powers, and for
the rest tells Genet al Scott to act upon his own discretion. The
letters to the governors, for calling uultroops, requests Governor
Marcy and Governor Jenison to raise troops far front the fron-
tier, in order to hare them as little excited as possible. MI.
Forsyth's letter to Mr. Fox, complains of the attack made moon
the Caroline, and says the government will call upon the British
government for redress. Accompanying his letter he sent an
account of the attack made by the British soldiers upon the.
steamer Caroline.

'['he Speaker tail
before the house a message from the Pre-
sident of the United States, transmitting a report from the Se-
cretary of State, in answer to a resolution of that body of the
stb inst., requesting the President to communicate any addi-
tional information in his possession endangering the amicable
arrangements between this go.rernment and that of Great Bri-
tain.

The following are the documents above alluded to:—
sr a. FORSYTH TO MR. FOX.
Department of State, Washington, Jan. 5, 1838.
Sir,—By the direction of the President of the United States,
I have the honour to communicate to you a copy of the evidence
furnished to this department of an extraordinary outrage com-
mitted from her Britannic Majesty's province of Upper Canada
on the persons and property of citizens of the United States
within the jurisdiction of the State of New York. The destruc-
of the property, and assassination of citizens of the United
States on the soil of New York at the moment when, as is well
known to you, the President was anxiously endeavouring to
' allay the excitement, and earnestiv seeking to prevent unfor-
tunate occurrences on the frontier of Canada, has produced
upon his mind the most painful emotions of surprise and regret.
It will necessarily form the subject of a demand for redress
upon her Majesty's government. This communication is made
to you under the expectation that through your insttumentality,,
an early explanation may be obtained from the adthorities of
Upper Canada of all the circumstances of the transaction; and
that by your advice to such authoritiessuch decisive precautions
may be used as will render the perpetration of similar acts here-
after impossible. Not doubting the disposition of the govern-
ment of Upper Canada to do its duty in punishing the aggressors
and pre venting future outrage, the President, notwithstanding,
has deemed it necessary to order a sufficient force on the fron-
tier to repel any attempt of a like character, and to make known
to you that if it should occur. he cannot he answerable for the
effects of the indignation of the neighbouring people of the
United States. •

I take this occasion to renew to you the assurance of my dia-
nguished consideration.

JOHN FORSYTH.

To Henry S. Fox, Esq., &c.

MR. POINSETT TO GENERAL SCOTT

Department of War, Jan. 5, 1838.'
Sir,—You will repai,., without delay, to the Canada frontier
of the United States, and a.ssume the military commarmi there.
Herewith you will receive duplicate letters to the Governors
of the States of New York and Vermont, - reqttestiog them to
call into the service of the United States such a militia force
as you may deem necessary for the defence of the frontier of
the United States.
This power has been confided to you in the full persuasion
that you will use, it discreetly. and extend the call only so far
as circumstances may seem to require.
It is important that the troops called into the service should
be, if possible, exempt from that state of excitement whieli the
late violation of our territory has created. and you will there-
fore impress upon the governors of these border states the pro-
priety of selecting troops from a portion of the state distant
.
from the theatre of action.

The executive possesses no legal authority to employ the mi-
litary force to restrain persons within our juridiction, and who
ought to he under our control, from violating the laws by
lug incursions into the territory of neighbouring and friendly
nations, with hostile intent. I can give )ou, therefore, no in.
structions on that subject ; hut requrst that you will use your
influence to prevent such excesses. and to preserve the charac-
ter of this government fur good faith and a proper regard for
the rights of friendly powers.
The militia will be called into the service for three months,
unless sooner discharged; and in your requisitions you will de-
signate the number of men, and take care that the officers donut
exceed a due proportion.
It is deemed important that the administrative branch of the
service should be conducted, wherever practicable, by officers
of the regular army.

The disposition of the force, with regard to the points to be
occupied, is confided to your discretion, military skill, and in-
timate knowledge of the country; and the amount of that force
muAt depend upon the character and duration of the contest
now going on in Canada, and the disposition manifested by the
people and the public authorities of that colony.
The President indulges a hope, that outrages similar to that
which lately occu►red at Schlosser will not be repealed; and
that vou will be able to maintain the peace of that frontier
without being called upon to use the force which has been con-
fided to )ou.
Very respectfully, sour most obedient servant,
(Signe,l) J. lt. Polisswri.
But. Maj. Gen. Winfield Scott, Washington city.

AIR. POINSRTT To c;oVERNOR MARCY.
Denariment. of War. Jan. 5, 1838.
Sir,—The territory of the United States having been violated
by a party of armed men from the Canada shore, and appre-
Iwnsions heintx entertained. front the highly excited feelings of
both parties, Ihat similar outrages inay lead to an invasion of
our soil, the President has thotrAt proper to exercise the autho-
rity ves,ed in hint by law, and call out such a militia foree
may be deemed necessary to protect the frontiers of the United
States.

I urn, in consequence, instructed by the President to request
you will call into the service of the IJnited States, and piaci,

under the command of Brevet Major General Scott, such mili-
tia force as he neat/ require to be employed on the Canada fron-
tier, fur the purpose herein set forth..
Very respectfully, your most obedient servant,
J. B. PotrisErr.

His Excellency W. L. Marcy.
Governor of New York, Albany, N. Y. •
(Same to his Excellency Silas It. Jennison, Governor of
Vermont, Montpelier, Vermont.)

Another message was also received from the President of the
United States, transmitting the following.—

TO THE PRESIDENT OF THE UNITED STATES. -
Department of State, Washington, Jan, 8, 1838.
The Secretary of State, to whom have been referred certain
resolutions of the House of Representatives, dated the sth in-
stant, the second of which requests the President of the United
States to communicate to that body copies of all instructions to
the officers of the government of the United States, and all cor-
respondence with them, with the covernors of any of the states,
and with the government and officers of Mexico and of Great
Britain, concerning the preservation of the neutrality of the
United States in the civil wars and insurrections in Mexico,
and in any of the British provinces north of the United States
since the year 1829; and particularly of a letter from the late
Presidentof the United States to the Secretary of the territory
of Arkansas, dated on or about the 10th of December, 18.30, has
the honour to report to the President the accompanying papers,
embracing all the instructions and correspondence requested
by the resolution above cited, not already published, with the
exception of the letter from the late President of the United
States to the Secretary of the Territory of Arkansas, said to I.e
dated alv•ut the 10th of December, 1830. The files of this de-
partment have been carefuliy examined, but no letter has been
found from the late President to the Secretary of Arkansas.
Respectfully submitted, _

JOHN FORSYTH.

(From The Albany Argus-)
Montreal papers to the Ist inst. state, that Messrs. Girouard
and A. B. Papineau, members of the Assembly, implicated in
the proceedings of the county of the Two Mountains, have
given themselves up—the former to Mr. Simpson., of Coteau de
Lar, and the latter to Mr. Belanger, of St. Martin, both magis-
trates. The Montreal Gazette labours through a column of
strictures to show that Governor Marcy's decision iu the case
of M'Keuzie was not well taken, and that he ought to have com-
plied with Governor Head's requisition.

(From the New York American, Jan. 9.)
More excitement is visible here to-day than at any former
period; but the opinion prevails that no interruption will take
place in the amicable relations between the United States and
Great Britain. It is said that the British Minister has ex-
pressed hi-s entire satisfaction at the course so far taken by our
government.

(From the New York Journal .of Commerce, Jan. 10. j
By intelligence received, up to January 4, from, Buffalo, we
learn that three steam-boots had been cut out of the ice at Buf-
falo to convey Gen. Van Renesselaer's force at Navy Island up
Lake Erie, to join Dr. Duncombe at Fort Malden, 12 miles
below Detroit.

A gentleman direct from Detroit, according to the Rochester
Donocrat of Wednesday, confirmsthe report that Dr. Duncombe
is at Fort Malden with a large patriot force.

(From the Evening Edition of the New York Morning Herald,

January 10.)

, .
Two mails are now due from Buffalo and Rochester; and, as
the river is most probably now open as far as Albany, we have
every reason to anticipate the arrival of a boat this evening,
with the news of something deciSive at Navy Island.
In the interim we give such rumours as are afloat on the sub-
ject, which our readers must take for what they are worth.
Private letters state that, the Canadian militia so long as-
sembled at Chippewa, have become discontented and e turn ed
to their homes. And further, that two steam-boats are pre-
paring to take the Patriots from the islands and convey theta
to some point up the lake.
It is an ascertained fact, that no one has yet been killed on
Navy Island, or at the British encampment at Chippewa. The
only loss of life positively -known is that of Mr. Durfee, at
Schlosser.

We receive the Lower Canada papers, but, they contain
nothing of interest. The only item worthy of notice is the fol-
lowing : _ . _ _ _

"The question as to whether Lord Gosford's declaration of
martial law be legal or illegal was argued before a full court at
chambers on the 28th of December. The Hon. James Stuart,
late Attorney General, and that eminent barrister, Mr. William
Walker, contended [or its illegality."
The judges had not pronounced on the validity of the pro-
clamation at the last dates. O❑ their decision depends the right
of the state prisoners to demand the writ of habeas corpus.

(From the Montreal Gazette.)

ALONTRCA E., DEC. 30.—We learn from the Halifax papers
that his Excellency the Lieutenant Governor had recently re-
ceived despatches from the Colonial-office, authorising his Ex-
cellency to dissolve the
inpresent Executive and &legislative
Councils of Nova Scotia, consequence of the intention of the
imperial government to separate these bodies in future, and to
keep them independent and distinct, by a new organisation of
the provincial constitution. His Excellency had communicated
the despatch to the members of the old Council. He then called
them -together, and having expressed his grateful acknowledg-
ments to them for the able and impartial assistance which he
had at all times received from them, be declared the board
dissA%ed in the Queen's name, It is said that a new Legisla-
tive Council is to he provisionally appointed; but we have not
yet learned in what manner or by what authority that body is
to be finally constituted; though we should imagine that an act
of the imperial Parliament would be the best and soundest
principle upon which they could be organised.

(Franz the New York 'Mining Herald, Jan. 9,)
•
(From a Correspondent Moreau, No. V.)
ALBANY, lAN. 6.-4 have had a long conversation with a
-ge,,,ternan Crf this City just from nuirato.- -1-re left on
evening. On Tuesday he was at Navy Island. They have
felled the trees so that the tops are riyerwards, rendering a
lauding almost impossible. A deep ditch has been dug a short
distance from the bank. About the centre of the island is the
encampment regularly laid out. They have a large number of
tents Made of boards and linen. There are full 1400 men
regularly enrolled. Major Graham, a Canadian, is a very
efficient officer, and great confidence is placed in him. They
have 31 pieces of cannon, and are well supplied with ammunition.
The men are in the highest spirits. A great number of Ameri-
cans sent down from Buffalo to protect our frontier, made a
mistake and went over to the island. Pork. beef, flour, Sze..
are sent down every day to Schlosser from Buffalo, and landed
on the beach. The Navy Island boat, a large scow, manned
by armed patriots, comes over and takes it quietly away,
Fur the past week my informant tells me the weather has
been quite warm—there is no ice in the canal, or in the harbour
of Buffalo. The young men of the city are organized into a
city guard. They patrol the streets nightly and daily. The
excitement is subsiding rapidly. Five Mohawk Indians were
captured and brought to town on Tuesday for trying to excite
the Seneccas to rebellion. On Grand Island there are S(X)
men stationed to prevent any landing of the :oyaiists on our
territory.

Dr. Duncombe, it is well ascertained, is at Detroit, Waiting
the movement of M'Kenzie. If the royalists did not attack the
patriots before Saturday, Van Renessalaer had now avowed his
intention of making a dissent upon the main land, above Chip-
pewa about 50 miles. They have boats in readiness, and are
increasing the number of them. Colonel Woodruff, of Salina,
had arrived at the Island with 130 dollars in money for the army,
and offered his services if they would give hitn a certain com-
mand. Straw and provisions continued to arrive every !worst
Scholosser for the patriots. Our United States Marshall has
made a formal demand on the Upper Canada government, for
the cannon, United States property, within its territories.
Governor Head was still at Toronto, malgre the reports to
the contrary. At Erie there was one company of regulars that
was ready whenever M'Kenzie landed to join him says my in-
formant. The captain bad so professed his determination to
Mrs. M'Keuzie was still on the island. No royalist
ventures to show his face at Buffalo now. It would not be safe
to do so.

(From the Second Edition of the Morning Herald.)
By the New York packet ship Montreal, at Portsmouth, we
have the New York papers of Jan. 10.
General Scott passed through the city of New York on the
Bth, on his way to the frontier.

There was no later news float Navy Island. except a rumour
from Albany that the people on the island had embarked on
board two steam-boats—destination not known, but supposed to
some point on the Canada shore of Lake Erie. This was not
touch believed at New York. The better opinion was that the
Navy Islands would disband, and that if they had left the island
at all it was for Detroit, or some other point on the American
side, remote from Buffalo, where they would not be liable to
arrest or other molestation. Two hundred regulars left New
York for Buffalo on the evening of the 194 to act under
General Scott.

(Private Correspondence of the Morning Herald.)
NEW YOH K, JAN W.—General Scott will reach Buffalo in a
few days; and if the camp of vagabonds at Navy Island is not
dispersed by the time of his arrival, I .doubt much if they will
keep together ft hours longer. With the supplies cut off frotw
both sides, they will be compelled either to invade Canada forth.
with or disband. As tranquility is restored in the lower pro.
vine; the regular troops are returning to Upper Canada.

SPORTS ON THE ICE IN THE NORTH.—The Scotch papers
are filled with accounts of "curling matches" played its different
parts of the country. One paper published in Drimflies records
no fewer than 14 separate meetings held in the neighbourhood
of that intro within a week. As this game, although exten-
sively practised in Scotland, is not known in England, a brief
description of it may not be out of place at the present mo-
went :—lnto large stones, of an hemispherical form, usually of
granite, and weighing from 50ibs to 601bs, are fixed in wooden
or iron handles, and the object is-to slide these stones along the
lee, from one mark, calk(' a tee, to another. The part of the
• ice, on which this; is done, is called the rink, and is chosen as
smooth and level as possible, the length being about 35 or 41)
Nards. Each side may consist of any number of players, but.
the 11811,1 i number is eight, every player using two of the stones.
The best player, who is termed the leader, commences the
game by endeavouring to place a stone as near a possible to the
tee or mark, round which concentric circles are usually drawn
in the manner ofthe •'bull's eye" or a target, for the conve-
nience of measuring the relative distances. The leader of the
opposite party, who throws next, attempts either to displace the
stone of his antagonist, or to settle his own close to the mark.
The parties play alternately, the object being the same with all—
namely, to strike id the stones of their opponents, to guard
those of their partners, or to place their own close to the mark.
When all the stones are played, that nearest the tee is termed
the winner, and counts one, and,if the second, third, &c., be-
long to the same. side, they also count acne each; but if to the
opposite party, they go for nothing. Tne number played for
generally exceeds 20, although this, or course, rests entirely with
parties Making the match. About five or six yards front the
tee, at each end, a line is drawn across the course; this is called
the kr/score, and no account is taken of the stones which do
not pass this score. Means are taken to prevent the player
from slipping down while discharging the stones. From this
brief description, it will be seen seen that the sport is one of a
manly character; in fact, to be a proficient in it, it is neces-
sary to possess considerable bodily strength, as well 'as much
skill. It has long.been the favourite winter game in. Scotland,
and a number of clubs have-been instituted for the sole purpose
of cultivating it. In 4auarkshire, almost every parish can
reckon such a club, and, as is the case with erieket-plan ing iii
England, challenges are given and accepted by rival clubs. In
this case, a number of rinks (sometimes as many as 21)) ale
constructed at once, thus enabling as many as 200 to enjoy the
sport simultaneously. The game, however, can be played by
two pi.rs,ins. The prize of victory is usually a silver medal,
and Many a parish " curler" is as proud of this proof of his
prowess as ever was a Waterloo veteran of his distinguishing
badge.

------- " Sports like these,
With sweet succession, teach e'en toil to please."

:~ ~~.

COMMERCIAL INTELLIGENCE AND MONEY.

MARKET.

(Frm the Sunday Times.)

CITY, SATUUDA v.—The resumption of specie payments by
the banks of the United States is a subject in which the mer-
cantile interests of Great Britain ate much interested, as having
an intermediate coanexion with the restoration of the trade and
commerce with America. According to the accounts received,
however, to the Si h ult. it appears that the rumoured intention
of the United States Bank to commence the resumption of its
notes in specie has proved unfounded. It is, however, now said
that in three months the desired object will be accomplished;
but if the letters we have received are worthy of credit, there
will not be a general return to specie payments until the Ist of
January, 1839. In some of the letters which reached the City
yesterday, it is stated that many of the banks were curtailing
their issues, and increasing their stock of specie, previously to a
return to specie payments, The resumption, however, must be
simultaneous to he etri;ctual, and this can hardly be expected to
occur till the period we have already alluded to. In several of
the States a strung feeling prevailed for the resumption of specie
payments In the State Legislature of Philadelphia, a notice
haul been under_discussion for compelling the Bank to resume,
or in default, to render it iilegal to &dare any dividends. This
would be the most effectual eode of bringing the managers and
shareholders in the several establishments to this resumption of
their notes in specie. The Phoenix Bank had in fact commenced
be liquidation of its notes in gold and silver, but its circulation
previously was inconsiderable. The Banks of the city and state
of New York were rapidly increasing the amount of the precious
metals in their possession, and in this they will be aided by the
reduced rate of exchange, and the constant influx of specie from
South America. Some imports of gold andsilver had been made
from England. The Exchange, it was expected, would fail as
low as 8 prem. which would give au couple return for an exten-
sive importation of the precious metals from Europe. The
Americans are still very limited heyers of foreign manufactures.
Their exportations of cotton, up to the Bth u:t. had beet) 191,000
bales, or 80,000 bales Ir.s than were shipped off up to the cor-
responding period of the' previous year.
The financial affairs of the treasury at 'Washington are not in
a very flourishing condition. The amount of treasury notes
issued. under the act passed in the Special Session of Congress,
was 2,992,989 dollars, hut of this amount 786,520 dollars had
been pail into the treasury for duties. The treasury notes were
at a discount of 1 to Ia per cent.
The navigation of the river being still impeded by the float-
ing masses of ice, the trade and commerce of London is conse-
quently extremely limited. The principal public sal,s of pro-
once which have -recently attracted notice, have been in Colonial
Wools, East India Indigo, and Furs imported by the Hudson's
Bay Company and private individuals. It is satisfactory to be
enabled to slate that the demand for the two first description of
goods shows, that in the manufacturing departments for Woollen
goods a good trade is expected. The rise in the prices of colonial
wool is averaged at about fourpence per lb. and on indigo at
from threepence to sixpence per lb. The greater proportion of
the wools put up were purchased with great briskness, but the
importers of indigo are holding for advanced prices, and nut
much more than one-third of the quantity declared for sale ex-
changed hands. The valuable importations by the Hudson's
Company were in general sold at excellent prices, one article
only having been refused by the trade, viz. Musquash, of which
a large quantity was put up, but refused. The Tea trade is in
a very healthy state, and it has perhaps escaped better than any
other department of commerce the serious effects which were
experienced during the late crisis, by mostly every branch of
t rani e.

The-Grain markets are influenced by the same causes which
have checked transactions in other departments of industry.
The arrivals are verytiifling, and thequantity of business which
has been done this week, is too small to warrant any variation
being made in the quotations. The intelligence received from
the United States to The 6th ult. is rather more favourable for
the shipment of foreign Grain from hence. Wheats and Flour
had risen, though not to any extent.
The varied complexion woich the news received from Canada
for some days past has borne, has proved a fruitful source of
speculation in the British Securities. The hope and fear of the
dealers have been alternately excited—first, by the report of
the repulse of Sir F. B. Head; next, by an expected collision
with America in consequence of the capture and destruction of
the Caroline, and the loss of some of her crew ; and subsequently
by the positive news of the defeat of the royalists before Navy
Island. The effect upon the prices of Consols has been to ren-
der rapid variations very common; but on the lowest point of
depression there was a rally up to yesterday afternoon of about
Ito 4per cent. We state with some confidence that the quan-
tity of business which has been done this week bas been greater
than for souse weeks past. The total depression has been ra-
ther above 1 per cent, viz., from 92i to 911, but the prices
relied yesterday afternoon to 9i, and finally closed, for Money
and 'Time, at 91i 13. But sales of Money Stock have been con-
siderable, and these have increased the general gloom. Opinions
are much divided as to the result of the affairs in Canada. It is,
however, admitted that the capture of the alleged American
steam-boat, and the expected difference with rile Republican
Executive, are alone grounds at present for serious apprehen-
sions. The rebels with all the aid given by American subjects,
cannot hold out, and a speedy revival of confidence in the funds
is therefore calculated upon. The fall in the prices of Reduced
Annuities have been from 924 toi92, and in the Three-and-a-
Half per Cent. Reduced from 1004 to IW. The previous rates
realised again yesterday within about / per cent. A continued
advance took place up to the middle of the week in Exchequer
Bills, when the premium was as high as 64, but it has since de-
clined to 56, and was yesterday at 58. India Bonds declined
from 61 to 58 premium. East India Stock fell on Thursday 2
per cent., but recovered from 2631 to 2641. The price of Bank
of England Stock has been reduced from 2061 to 2051
The Foreign Bond Market has been dull fur some days past,
and the lit ices up to yesterday rallied but to a limited extent;
there has not been, iu fact, much disposition shown to speculate
in Foreign Bonds this week. The price of Portuguese has only
fluctuated to the amount of about I per cent., of Spanish to
about 1 per cent., of Brazilliau to 21 per cent., and in Dutch
Stock to about A per cent. The last prices quoted .f Brazilian
Bonds was 751, of Portuguese Five per Cents 271, the Three
per Cents ISL and of Dutch Two-awl-a-Half per Cent 54 A
rise ha, taketirptaca in the French Five per Cents from 1091.
to 109 f. 50c. ; Exchange 251 55c. In the price of Belgic Bonds
there has been an improvement from 1014 to 102/, in Mexican
from 25' to 27. and in Colombian front 24A- to 24,1 25.
The Market has been subject to frequent fluctuations
this week, but the last prices yesterday were about the averages
obtained since oor last report. The 'Birmingham and Derby
were quoted at 17 or 3 dis., the Bristol and Exeter at 4 or 6
tne Great Western at 82 or 17 pm., the Blackwall at 331
or 31 pin., the Briahtots at 821 or 31 pm., the Greenwich at 161
17 or 31 to 3 dis., the Southampton at 39 or I t die., the Croy-
don at 21 or 1 pm., the Manchester and Leeds at. 26 or 6 pm.,
the North Midland at '251 or I pm., and the York and North
Midland at 114 or a dis. Canada Bank Shares have improved
to 19 or 1 dis., bui Colonial Bank have fallen again to 251 or
1 pin.,
HALF-PAST TWEIVE.—The intelligence from Upper Canada
is not of touch importance. No accounts are reported against
the rebels at Navy Island, though it is said that the rebels had
left the place to proceed towards Toronto—the story is nut
credited. A warm debate f‘illowed the reading of this communi-
cation in the House of Assembly. Many members defended the
ayssirheehiao as
had
been
bweenetgaged in a breach of
given to the desire to
captureneutrality.
the a Caroline,
general
expression
maintain amicable relations with England.
The discussion of the probability of a war was put an end to,
by a motion for the adoption of the "previous question," which
was agreed to.
At the date of the present account, the reply of Mr. Fox had
not been sent to the American government.
ONE o'CLocrt.—ln the Funds but little alteration has oc-
curred this morning. Consols for Money and Account are at
91 Exchequer Bills realise 58, and India Bends 56 pm.
The Three-and-a-Half per Cents Reduced are at 11101
lh the Foreign Market Brazil Stock quoted at 751: l'Ortuguese
New. remains at 271; and Spanish Consols are heavy at 89k;
Dutch Two-and-a-Half. Cents command 53h
Shares are pretty steady; Great Western at 17, the Brighton
at 31,, and the Birmingham at 74 put. In the others there is no
variation.