p.3 The Shipping Trade - Of our shipping interests - the main dependence of this city - the season thus far presents rather a gloomy picture. Notwithstanding the late opening of the season, we have as yet had but very few arrivals, and there is little in this way to anticipate for some time to come. On the other hand, we observe that the tolls received on the Erie Canal this year, greatly exceed those collected at the corresponding period of last season, showing us through what channel the produce of the Great West is at present finding its way to market. This diversion, however, we trust, as we are inclined to believe, is but temporary. The large orders transmitted from the south and east, have required all the attention of western shippers, and the demand has had the effect of advancing and fixing prices. Wheat is quoted at Buffalo at 76 cents, and some parcels of flour sold at $3.88; $3.75 however is the ruling price. When this demand is satisfied, we may expect to find the trade resuming its course down the St. Lawrence. - In calculating the chances of the beneficial operation of the new Canadian corn laws, it is not unimportant to remark that a very strong feeling of opposition has been excited in the United States. The Americans are too shrewd a people not to discover that while a partial advantage is opened to them, it must be embraced at the sacrifice of a portion of those interests to which in a great measure they owe their prosperity. This opposition, however, is more strongly evinced in New York, where the returns of the Erie Canal, and consequently the revenue of the State, and its means of paying off the debt contracted for that giant undertaking, will be materially reduced. [Kingston News]
p.2 By a statement of imports at Kingston, between the 28th April and 5th May, both inclusive, compiled for and published in the Quebec Mercury, we notice that there has been, during that period, twenty-six arrivals of schooners from American and Canadian ports, and that by these, together with the different steamers, the following quantities of flour, wheat, etc., had been received:
Macpherson & Crane 3642 brls.
H. & S. Jones 6428 "
Hooker & Henderson 3672 "
Sanderson & Murray 700 "
Macpherson & Crane 860 brls. pork
H. & S. Jones 2600 bus wheat
Hooker & Henderson 2364 do. rye
Do. 16300 do. barley
Sanderson & Murray 922 do. peas