The Sun.
London, England, 1855-11-15 00:00:00

AMERICA.

NEW YORK, Oct. 31.—The arrival of the George
Law yesterday from California places us in receipt
of gold to the amount of 1,670,477 dole., and it is
supposed that the Star of the West, now overdue,
will increase the amount to over two millions. This
carries up the total receipts this year (as shown by
manifests) to 30,182,919 against 40,816,107 dole.
during the corresponding months of last year. The
1 total exports of specie from Naw York and Boston
for the same time amount this year to 39,132,000
against 39,964,000 dols. during the corresponding
part of 1854. At present a much larger shipment
is going On than is usual at this season. The' bill
drawers, especially for the continent, are making*
large shipments, induced by the present value of
gold in London and Paris. The export of
breadstuffs has also revived uuder renewed orders.
Last week it amounted to nearly a million
of dollars from this port alone, and orders
are yet unfulfilled, and shipments going
on. The supply from the west is equal to the pre-
sent or probable future demand. Freights con-
tinue high, and our ships are now among the most
productive property of the country. The rates to
Liverpool and Havre are said to be double those of
last year ; and considering, also, that American
shipping is engaged in the colonial trade of Great
Britain and her colonies, and also to some extent
in transport service for the armies, this branch of
national wealth was probably never more prosper-
ous than at present.. With au abundant harvest,
yielding a rich tribute of freight to the railways, a
business still contracted within reasonable limits
from the reverses of last year, a continued production
of Californian gold, and so favourable a condition of
the navigating interest, this country ought topreisi:ut
a picture of prosperity ; instead of which it is: ofn
the middle of a financial panic. Stocks bfaovr
asunk
rise
and are sinking, and stock specu
I'lBl'3-I.3Th is comes
are breaking and threatening to
peculiarly
Paris, to which this markete jasnkiof
of the feeling in the money ci.rclbaers.vreoafyLs London and
England
sensitive. The The moment tth Ji.
people begin to specu-
of American securities
vances the rate of interest
late upon the probability
ruling at
a leading London house
beingin the
the higher prices
wroteew.
York, 77cii ntgo the 4eil7sxtYcnahaarnkgeet *being n
that,
ao
the United States, the London banks purchased
American stocks for remittance to New York, and
. rican debt was probably much reduced
Year. The present feeling here is partly a
rdtehusarptiontret liAteol Ant;
London and Paris markets, and is
partially caused by the unusual exports of gold and
andi
the. fall in exchange,
be returned
upon Europepartially
willby t h e featurrtnheact
American securities held
upon New York. The justice of the latter appre-
hension can be better determined in Europe than
here ; but I have been induced to think, from the
views entertained by some of the leading houses,
especially those having continental connexions,
that the fear is an exaggeration. There is a popu-
lar idea among those not familiar with the business,
that the flow of these securities in times of pros-
perity is all one way, and that there is a constant
increase of indebtedness to Europe ; but I have
been assured that such is by no means the
cos: e_.t.
that, on the contrary, they aro as constanctly_gt
ing in as going out. If experience—wtlfe 4 111
b itself ele-
tell the story shortly—do not justifYinh P
apprehensions, this country has wit
the "ming
ments of a prosperous businessfor
season. resent
a decrease in
of 1,298,202 dols.,
loans of 887,004 dols., i9nssflel. Within 12 weeks
The weekly Bank statementioshows
decreased each about
and in deposits of 877,0 eaye
specie about 4,000,000
the loans and dep
6,000,000 dole., an.l
no.e
on London sells at 109
dole. Tho best exam' 0
to 1091. A leading house yesterday sold a quantity
at 109. os,itsth
„......--•".....---...--.--1.!,.

COLO.
NTIAL PeoDucs MARKETS.—In the colonial pro-
duce markets yesterday there has been a great change of
tone, the recent excitement having subsided and a dis-
position to realise being generally observable. The
transactions in sugar at public auction were at a decline
of ls. to Is. a per cwt., and subsequently there was ex-
treme difficulty in effecting sales. In coffee, also, there
was a reaction of Is. 6d. from the price paid yesterday
in private bargains for plantation Ceylon. Tea was fist,
at a slight reduction. The only article which exhibited
incruased firmness was rice, for which an advance of
was •obtained, owing to the state of the business on s"
Coin Exchange.