The Sun.
London, England, 1839-10-15 00:00:00

MONEY MARKET--CITY NEWS.

TCESDAY, P.M.—The stock of the United States
Bank, and a few ethers, are without change. The
Money Market to-day is in a very calm state. Not the
slightest excitement in the street as compared with yes-
terday. There is no change in stocks.
There is something connected with the arrival of the
British Queen, which has had a most blighting influence
on the stocks, as the following table will show. The
steamer arrived on the 20th .-
19th 21st 24th

Delaware and Hudson 64 ... 63i ... 60
North American Trust 60 ... 57 ... 53i

Harlem Railroad
Some of the officers of the various banks had a meet-
ing on Saturday evening, and discussed banking opera-
tions—and it is stated that the banks were never in a
more sound and healthy position, having specie on hand
to the amount of three and a half millions. This we
have nn doubt is correct. Nor have we any doubt that
another fact might be stated, and that is, that they have
crowded down their line of discount to the lowest
notch, nearly or quite as low as during the resumption of
specie payments. This it is that produces the pressure,
and this ought not to be. Since there has been one
meeting of those interested in banking, it would ba well
if it were followed up by others, and that some un-
derstanding should be entered into to let out and extend
their discounts. This course of conduct would relieve
the city in a week. One bank, not two, nor five can
accomplish any thing unless there is an union and concert
of action. There are many of the banks that have
good credits in London. Let them use it and draw,
and in two months they may replace their bills with
those drawn against the coming crop of cotton, which
will be abundant. The difficulty is, and has been, that
there are two or three institutions and presidents, the
names of which we have often alluded to, and who are
well known, standing in the way of every thing of the
kind. Being the directed instruments of the Govern-
ment, they so conduct the affairs as to crush the best
mercantile interests of the city.
Specie continues to arrive in this city from all parts
of the country, as is to be expected in the present rate
of the exchanges, and in the demand there, on account
of the high rate in England. Among the arrivals to-
day were the Louisville from New Orleans, with three
ingots of silver, and 180,000 dollars to order. The
brig Exeter, from Savannah, with 21,000 dollars in gold,
to Merchants' Bank, and 11,885 dollars to City Bank.
The ship Lafayette, from Charleston, with two boxes
of specie to Coming and Co., and three boxes ditto to
various individuals.

The Philadelphia Money Market, according to
Bicknell's Reporter of to-day, is still exceedingly
light. At the close of last week the rates for good
paper were 14 to l 4 per cent. a month ; for U. S.
Bank Post Notes, to 1,4. It was impossible
to predict with any degree of certainty when there
would be a change for th better. The banks were dis-
counting somewhat, but to a very limited extent indeed,
as compared with the demand. The pressure, the Re-
porter says, is in a great measure unaccountable, and
appears to affect the whole country.
The transactions in cotton at New Orleans up to the
14th instant for the week were very fair, and at full
prices. There was no decided improvement in prices,
but the market was firm. The receipts for the week
were 2,436 bales, making the total receipts this season
579,796 bales, of which 4,185 were new. The stock
remaining, including all on ship board, was 10,582 bales.
The sales amounted to about 2,600 bales. Exchange,
both foreign and domestic, had become more plentiful,
and the rates were declining. The Commercial Bank
was drawing on England at 488 dollars, and on New
York, at sight, at 1 per cent. premium.

About 2,800 barrels of flour were received at Mon-
treal last week from the United States, which sold
readily at 7,12} or 7,2.5 cash. The Banks were draw-
ing on New York at one and one and a half per cent.,
and on England at two and a half.
STOCKS.—TUESDAY, r.m.—There is very little dif-
ference in rates to-day, but there is a better feeling.
The operations were extensive, and there appears to be
a recovering from the panic that existed a few days
since.

(From the New York Herald of Sept. 24.)
DREADFUL FIRE AT NEW YORE.—A dreadful fire
broke out last night, the result of which was, that the
French Protestant Church, the Dutch Church, the Af-
rican Church, the National Theatre, and other less
valuable buildings, were destroyed.
TIIE NATIONAL THEATRE.—The house cost about
110,000 dollars, and the ground on which it stood
65,000 dollars. It was built by subscription, but when
the Opera was given up, the stockholders sold it to
Messrs. James H. Hackett and 0. Mauran, for 70,000
dollars. Hackett afterwards sold his share, and it came
finally into the possession of Mr. Washington Coster,
who owned it jointly with Mr. Mauran, at the time it
was burnt. The house, it is said, was insured for
55,000 dollars in London, and 15,000 dollars here.
The theatre was under a lease to Mr.Wallack at 10,000
dollars per annum.
Mr. Wallack, we understand, has taken Niblo's
Saloon, and will open with his entire company early
next week:

Of the othei buildings injured was a dwelling-house,
No. 65, Leonard-street, adjoining the theatre, said to be
a house of ill fame. The roof was burned off and the
interior very much injured. N0..57, a small two-story
frame house, was not much injured. Nos. 60 and 62,
occupied by coloured families, were considerably da-
maged. A two-story building in Franklin-street, ad-
joining the Dutch church, and occupied as a conference
room, and as a classical school by Mr. Worth, was a
good deal injured. It was insured for 3,000 dollars.

The entire loss by the fire is variously estimated at
200,000 dollars to 300,000 dollars, but it will not pro-
bably be found to exceed the lowest sum.

(From the New York Daily Express of Sept. 25.)
The French Protestant Church was one of the most
chaste and classical buildings in the city. The walls
only are left standing, and they are much injured. It
was insured for 8,000 dollars, which is only about the
sum recently expended in repairing it. The loss is
about 20,000 dollars.
The African church was insured for 8,000 dollars,
which will about cover the loss.

(From the New York Daily Express of Sept. 24.)
The political prisoners of Upper and Lower Canada
sentenced to Botany Bay arc soon to be transported
from Quebec to the Buffalo.

The intention of the British government to make Mr.
Poulett Thomson the Governor-General of the Canadas
was known in Montreal by the Great Western. The
Herald says he is largely engaged in the Baltic timber
trade.

The Bank of Montreal is drawing Bills of Exchange
on London at 1101.

HAMBURG MAIL.

BERLIN, OCTOBER 5. M . Dunin, Archbishop of
Posen, left his residence in this city early in the morn-
ing of the 3d of this month, and has been missing ever
since. The chaplain says that he accompanied him
in the carriage to Potsdam, where the Archbishop left
him, and that he has not been able to find him since.

BERLIN, Ocz./7.—The unauthorized and clandes-
tine departure of Archbishop Dunin has very disagree-
ably surprised even those persons who protect him on
account of his character. It has been reported ever
' since yesterday morning that the Archbishop arrived at
Posen on the 4th, in the evening ; that he thin cele-
brated mass, &c., and had been arrested by virtue of an
order received by express from Berlin. It is further
said, that the Archbishop of Posen left behind him a
letter to his Majesty, announcing his intention to go to
Posen. An officer of high rank in the police depari•
merit set out early in the morning the day before yes-
terday with special instructions relative to this affair.

BERLIN, OCT. 6.—The City of Posen is being more
and more fortified ; the work has indeed being going on
for many years, but is now prosecuted with greater ac-
tivity ; it is to be an important fortress, capable, when
complete, of receiving a garrison of 40,000 men.
ROME, SEPT. 26.—We learn from good authority
that a new dispute will shortly be made public. The
proposals made from Rome to the Cabinet of St. Pe-
tersburg, while the Imperial Prince was here, seem to
have not only been fruitless, but to have led to more de-
cided hostility to the Roman Curia on the part of Rus-
sia. According to the most credible assurances reports
have been received here from the Bishops in Poland
which leave no doubt that a systematic change in all
their relations of the church in that country is carried
on in St. Petersburg with the greatest energy and con-
sistency. Instead of being content, as is the case in the
states that are the most independent of Rome, with giving
legal force to the Papal Bull, by a placet of the sove-
reign, all and every communication between the eccle-
siastical authorities in Poland and the Holy See, is to
cease, or at the most to be carried on only indirectly
through the medium of the department of foreign affairs.
All negociations must fail unless this stumbling-block be
voluntarily removed by Russia. It is said, therefore,
that as there is no disposition at St. Petersburg to
make this concession, an ultimatum was sent from
Rome at the beginning of this month to the North, and
that the Holy See is resolved, if it shouli not be lis-
tened to, to publish extracts from the negotiation, in
the same manner as was done in the case of Prussia,
solemnly asserting the rights of the Episcopacy and the
Pontificate, and appealing to the judgment of the
Roman Catholic world. It seems that the Curia
feels itself the more bound to take such a step,
as an opinion has been purposely and repeatedly
propagated that the Holy See easily yields to the )pro
Rus-
sian Government in matters which are the most sacred,
and for which it did not shrink from the breach with
Prussia. The publication of these most important docu-
ments may therefore be shortly expected. Many per-
sons say that the allocution on the subject will be made
at new year, others expect it much sooner.
HANOVER, OCT. 7.--General Count Allen, the Mi-