, 1860-02-16

Hitatss says:
The press has t.arn up tLe l4ai.er of the |
Grand Trunk tariff with great 7isnr, showing |
that it is SO arranged as TO cut |
Canada out Of business. If the 70; tiand or Hos- |
ton merchant, for instance, can get produce DE- |
hrcEed to him from tue interior ut about as low |
4 rate as the Montreal merchant. no buyer from
Tue seatoard or New brunswick will buy in
Montreal, and pay the heavy. freight from mere
to Portland OF Boston, Aguin, tic way freight
is left lying Mt the stations. while the cars
occupied carrying the through freight. This
lust is 3 great drawback to business. Many
consigners.d draw against their shipments at ten
days, and If the stuff lies 20 or so days before
reachiug the consignee, he must be very much
put about The Commsreio{ -4drertiS<r has
been looking into the law which affects the
Grand Trunk tariff, and affrms that the charges
now exacted are all illegal. The rate by law
must be the same per ml'c on all freight, and it
must be sanctioned by the Governor IN Council,
aud Advertised in tue Official gazette. But
none Of these requirements Of the Act hare
been complied with, and, consequently the
Company has placed itself in q very awkward
position. We hope these errors may all le
remedied forthwith.
DASKErPT Law IN CAsApA.-The Montreal
Witness confirms the following:
There is a vigorous agitation kept up in sew
era1 Of tue leading papers Of Western Canada
in favor Of Bankrupt Law. They all wish for
aIaw which will accomplish three things-first,
relieve the honest but unfortunate debtor on his
giving up all bis property; second, secure the
protect the just rights Of creditors. Tho.e are
Ill desirable objects were they attaiuable, but
we apprehend that the whole experience Of the
world shows this to be impossible. Any pro-
cess By which an honest man may be relieved
Of his debts will let through roguss, and there
will probably be at least ten Of the latter to one
Of The former applying for and reapiug its bell
etits. Whenever u Bankrupt Law is enacted,
there is perfect stampede to get white washed
before it becomes so unpopular rs to be re-
pealed. 1fany Bankrupt Law had every proved
satisfactory to any commercial community, We
would say, let us have similar Law BY all
means in Canada; but we do not believe that
auch case eau be adduced. This is 10 quca-
sion between Upper and Lower Canada, as some
Of the Western papers pretend, but question
between debtor aud creditor everywhere, or,
more properly speaking, Il question ofright aud
wrong.
WnEAr Cnor1S CAsApA.-The Montreal II1f-
nsss says:
The weather has been very cold for the past
three days, aud the ground bcinglu many places
very bare, more or less injury to vegetation
may be feared. We shall look for accounts
from Western Canada respecting the fall wheat
with anxiety.
NEW Yons-Feb. l3.-Receipts. 1858 brls
-four; 5000 bu oats; 81 pkgs beef; 167 do pork !;
3o7 do bacon &C do lard; TIC dressed hogs.
NEW ORLEANS, Feb. l1.-The rcceipts Of -four
| being light, aud not equal to the demand, pri-
| ces have advanced to SG.35@G.5 SO for aupsr6ne.
Corn dull and prices lover; white has de-
| cliued to Soc.
An active demand for 1ness pork, and all kinds
| n.1.1or lxr1kI, cF III and
new ut S1s.75@l9, closing with a continued up.
| ward tendency
| Bacon dull, and the demand limited md To-
cal ut sl@l04c Tor shoulders aud sides.
| Lard is buoyant, mud holders asking 1o4c,
but buyers do not seem willing to pay 1his
4 good demnnd for Bulk Meats and prices
7c, Sides Sic. and Hams ETC.
Whisky steady and in tair demand at eei@
csc for Rectifed.
Cheese dull, and tho demand limited at 90
eIc.
| .ugar steady and in fir demand Mt 7a@7sc
for fully tnir; the receipts during the week were
$500 hhds, and from Sept. lst, u Loco hhds.
Molasses unchanged aud firm at 41c; the re-
ceipts during the week we're II 900 brls, and for
the season 207, 900 btls.
Flour is shipping to New York at 55c, and to
Boston at Coo; Pork and Beef to New York 70c
aud to Boston Soc.
Sight Exchange on New York a@lc dis.
SALE or THE AMERICAN TRANSPORTATION Co.'S
| pnorEnrr.-The sale Of The propelIers Of tho
American transportation Company came of at
BulIalo on Tuesday last. They were all bid Of
hunks who are the principal creditors Of the
Company. as follows: Propeller Potomac. $l5.'
$40 Chicago, $4,000; Aleghany. 5000
Iowa, $500; Buffalo. 81 900; Cataract, = ,oor
niagara. $1,000; rocahontas, 5000; ~ 3
Spaulding, $l,6o0; Sciota. $500. Total. SO.
were all bid off ut prices varying from $eoo II
$50 each. These all passed into the same
hands, with the exceptleu Of one, which wa.
purchased by ME. kilderhouse.
C1Ac1sSA11 Provision MAnkET-Feb. 13-Tft
GaStste Of yesterday says:
The provision market continues buoyaut
The demand i. not large; that Is 10 sny, there il
not much Of purely speculative movement
but there Is a legitimate inquiry from cousuH
ing districts-and holders hnve great conti
dence, and firm at extreme prices, while they
arc not disposed to check the demand BY press
ing their views rapidly upward. Mess Porl
brought $3.50 for country. city held firmly i
SIS. Hump pork sold ut sla.50G13. OF bull
meats 10O, 900 lbs sold Mt Ct and Sic for shoul
ders and sides, and st for hau,s.
There is d scarcity Of bacon shoulders, and ,
lot of 40 hhds brou.ht 74-while there was nj
difficulty in buying sides at 94. Smoked should
ers appear to be going into consumption NOR
rapidly than sides, owing to the difference q
&c in price. Until within the last two year
shoulders were usually only one cent below
sides ia value. About 500 brls country lArt
sold at loi. City is held firmly at los- Th'
exports Of tho week are fully up to the avcras
of the season: 1,4l7 brls and 103 kegs lard
| l,l05 hhds, TS3 tcs bacon and pork; 2.5sl brl
and ISL boxes pork. The shipments Of bo;
meals for the seas,n are s,o7o pkgs, aguinst 4,
73l do last year--an increase OF nearly one bun
dred per cent, L large proportion Of tue ship
ments this season we're made direct to Liver
pool via Portland. The receipt& OF prcsision
ior the week were alta brls and ,s62 kegs larc
2, bids, l64 scs bacon; 3,074 brls and 1,100, 40
lbs pork. The ndvices from New Osleans ar
quite favorable Tor pork. prices haring advance
on Saturday TO $le 50 for old mess. and SIS. i
| CISCO for new. Bacon was dull ut sall0i 70
shoulders and sides. In New York to euy. mes
pork was lirm at &ls.e5@l6: 50 for new. Baco,
was held 4c higher, and lard WAS firm at III 70
barrel. Prices in the three markets compare a
| follows:
Gin. n. Tmk. y. or!cau