The Arkansas banner., 1849-04-03
fBy telegraph to the Daily Crescent ApRIVAL OF, THE CANADA.
i, i'm Cottan--DePresaiSn

ne nve aai0m ita fhe Fnnds-- Ds.a, BatGIe fin India - Dounu"i NeeorS' Is s,reat Loss of the Emgiish'
 p.,x,.oss. March 2t--fhc steamer Csnada I'sad n, Halifax eB Thursday night. The news ''ss.rssed to St JohDs and thence ieiegrdphed but the breaking of the wires prevented p t,.nsnIssion until it was received ny maa ts ts't,h, The Canada sailed on the iothi she L,ings % passengers .. l., h@ss ,h,s.tsninp signs in tho political horizon in p.s.,, and India had depressed tho iunds cue per r,nt. wi,hiu fortnight.
 p,avicus to the Cauadas sailing and "P 10 ns ,ns 0, rf M.rch. cotton wns buoyant. Sales oo,VoV Ed o' slt,h, advance on the Americas quota % huI after the Ed the disastrous accounts from ,m and inc Njapara's advices of large American ,on,s caused it 10 decline 4d Barket.ciosng s".fF,ir Upland l5S Mobile. 5s4 New Orleans ots !" 4, Livsrpooi, on the 9lh, Grain market doll; Wheat 6s Tod. to 7s. 2d; Corn. yellow. 2ss oo'' .';,od oss. to 2ss. 6.; Southern Flour 29s sd' 10 ae Western Canal 25s to 25s. 6d.; Meal I3s to 1.s A fair trade was doing in Americsn provisions
 ,here have been large shipments. BeeI. hne orai,ies, bring iui prices; other sorts from ''s to 75s per tierce ,-,.l .L politca intelligence P'rrh The French government gives increasing pTomse of stability. .., .s-
 
 American securities continue hrm.
 r.c,, ,,xp--Cobdens financial reform project ,vhich cuts down the expenditures ten millions, was rejected by Parliament. TSo,, Tine English forces have had another
 snerste battle with the Sikhs on the banks of the ,;vsr Ansl The English army was commanded h. ord Cough and the Sikhs by kajah Scbwer- cine The struggle was of the most desperate char .o,s, and he British have to depore the loss of ''ina,,.,bree officers and twenty-five hundred men Linsd and wounded The conflict terminated fa- xorabv to the British arms, but was disgraced by ,bs aight of the Bengal cavalry regiment and two corns of dragoons Tue circumstance is not as yet sat,sfac,oriIy explained The Bews from India is of ,he most disastrous character. Lord Cough has been superseded in the command by Sir Charles N.per who was to have proceeded to the scene of action on the 20th ut.
 FR,ycE,-The government continues 10 gain strength. and there is evidently growing disposi tion on the part of the nation to crush any attempt ,t public disorder. Upon the whole, the prospects for tranquility are more favorable than they have been for the past year.
 Foreign Markets.
 Commercial Afaus.-The funds have fuciuated considerably and have receded fully one per cent. within the last fortnight; yet there has not been inc slightest reaction in cotton the sales continuing large and prices very firm up to the close of the market, on the 2d inst. Prices for grain continue to drcop, and from present appearances the lowest poin, has not yet been reached
 From the manufacturing districts the accounts continue favorable. There is also fair business going forward in the produce market on the conti- nent Prices on the whole strictly maintained. The meal marks; continues active, and prices are on the advance.
 During the week ending March 2d fair Ameri- can cotton not only maintained it's ground, but was q point higher than when the America sailed. The sales amounted to 5O,t70 bales. The disastrous accounts from India, and the news by the Niagara, that there large excess af receipts of cotton at the principal shipping ports in America, over the corresponding period ast year, caused prices to decline one-lourh of penny per pound. Fair uplands ate now quoted at Ia8d: Mobile q i'd; Orleans. Igd The sales of the week were 2220 f22 Poo bales.
 The i,nportatonH of breadstutis from the United States, during the last fortnight, have been ally heavy. At Liverpool, on the 9th inst, white wheat, iu small quantities 6s. nd to 7s. 2d.; south flour. 25s 9d. 10 26s western canal 25s. to 25s Gd.; Philadelphia and Baltimore, 2is 6d. 10 25s 3d Best northern yellow corn, pos. 6d. and mixed 2ss to 2ss. Gd. per quarter. Meal is quoted ut l3s to l4s per bbl.
 There is fair trade going forward in American provisions The arrivals of beef are very heavy already three times great at the time last year. Fine qualities bring full prices.