The Sun.
London, England, 1854-11-20 00:00:00

" Mr. Buchanan is a statesman of experience and re-
flection, and his recommendation will necessarily carry
with it great weight. It is difficult to imagine he would
suggest the adoption of such a decided course, were he
not convinced, not only that this is the proper time to
strike a decisive blow, but that it is useless to expect
Spain to do us justice unless compelled to do it.
" Thus fortified, it is not improbable that Mr. Pierce
may act upon the advice now given. Whatever course
is determined upon the action must be prompt. The
Cortes meets at Madrid next month. The ultimatum
of the United States should be made known during its
session.
"Should the Administration determine to take firm
and progressive ground in this matter, it is supposed the
home squadron will be sent to Havannah, Matanzas,
and other ports of Cuba—thus lending a moral influence
to the arguments used in favour of its acquisition. This
will, in all likelihood, be the first indication given of the
President's intention of acting upon the suggestions of
Mr. Buchanan and his confreres. We look with interest
to the developement of. the affair, but with little confi-
dence in the firmness of the Government at Washing-

ton.
The Know-nothing revolters had issued a pro
nunciamento from the Council at Utica, resolving
that a ticket nominated by tho Grand Council of
the Odd Fellows Hall was not entitled to the sup-
port of the members of the order. A ticket had
also been published, charging the executive com-
mittee of Council No. 1 with all sorts of heinous-
ness. These documents are curious affairs, and are
calculated to excite a lively sensation.

Telegraphic despatches from Washington state
that the Government will shortly issue a treaty
circular, providing for the admission of the pro-
duce of Canada, New Brunswick, and Prince Ed-
ward's Island, on the same terms as recently estab-
lished respecting colonial fish. It is stated that
the provinces of Nova Scotia and Prince Edward's
Island will shortly adopt measures for carrying
out the treaty.
The New Brunswick Legislature has ratified the
reciprocity treaty, and also passed an act similar
to that adopted by the Canadian Parliament re-
specting the importation of foreign breadstuffs,
It was reported in Washington that Sir Edmund
Head was to leave on the sth for Canada, to assume
the post of Governor-General, and that Lord Elgin
would very shortly leave for England, first visiting
New York and Washington.
A convention has been entered into between the
United States and Russia, establishing the principle
of the rights of neutrals at sea. The convention
provides that free ships make free goods, and that
the property of neutrals on board enemy's vessels
is exempt from confiscation unless contraband of

war.
A misunderstanding had occurred between the
United States Consul and the Republic of Para-
guay. The Minister for Foreign Affairs charges
the Consul with perverting facts and suppressing
truth. _ _

..-
The liabilities of Messrs. Bean and Co., of New
Orleans, bankers, amount to about 100,000 dols.

COMMERCIAL INTELLIGENCE.

At tho Stock Board the sales resulted in no material
changes. Reading Railroad shares were firm at 72 to
721 cash ; Hudson River Railroad advanced to 384
Kentucky Six per Cents. maintained prior quotations,
104 ; Ohio Six per Cents. of 1860, 1034. The sales
wore, as usual, large in Illinois Central Bends, at 63i
to 691.
The demand for exchange has beon moderate ; the
i fAlowing arc the ruling rates :—London, 109,1 to 109 ;
Paris, 51. 124 c. to 5f7 15e. ; Amsterda,in, 414 to 411 ;
Frankfort, 414 to 11 ; Bremen, 70H to 794 ; Hamburg,
36:7 to 3678 ; Antwerp, 5.15 to 5.16.

the market for cotton remains inactive at last week's
rates. We continue (rotations, although they could
not be realised were holders pressing on the market :

Uplands and

N©w Orleans

Florida. Mobilo. and Texas.
Ordinary to goad ...74 to Si 7i to Si VI to St
Low middling 9t, to 91 94 to 94 94 to
Middling 9A to 9e, 9to 94 10 to 10
Strict or even do. to 9H lO lOl to 10
The sales of the past 5 days, amounting to 4,600
bales, have been principally for homei use, and, although
our stock is unusually light for the season, holders have
pressed sales at a decline fully of lc. to ic.
There is very little disposition evinced here to pur-
chase for export, as confidence in the maintenance of
prices on this side is weakened by the improved pro-
spects of the crop and increased estimates, owing to the
continuance of fine weather in the south ; and in the
advices from Liverpool there is certainly nothing to
encourage shipments costing id. to id. " to sell" above
the rates there current on the 20th ult.

With dates to the 4th inst., by telegraph, from New
Orleans we have as yet no advice of killing frost.

SHIPPING INTELLIGENCE.

The Alliance, from London ; the Knickerbocker, from
Havre ; the Columbia, from Liverpool ; the Woodcock,
from London ; the Vandalia and New England, from
Havro ; were at New York.

NEW YORK, Nov. 9, EVENING.
The money market to-day is stringent, and all
kinds of stock are dull. The feeling is somewhat
gloomy in consequence of Western bankers sus-
pending with heavy liabilities.
Flour has declined one quarter dollar since the
steamer sailed.
Wheat is 10c. to 15c. lower.
Indian corn is active and advancing.
Cotton is unchanged.

-oON,

NEW ORLEANS, Nov. 9,
Cotto sales 5,000 bales—unchanged.
The steamship Yankee Blade, from San Fran-
cisco, September 30, for Panama, was wrecked
the first day out, with 800 persons onboard, f
o
whom 15 were drowned, $153,000 in specie were
lost, and the vessel wont to pieces.
A steamship at New Orleans brings $1,700,000
in specie.
The Cunard steamer Arabia has been taken up
ewhmicahils:faotre
for the conveyance of troops. Owing to this and
other arrangementscausedbyGovernment,requiring
several of their steamships, no vessel belongine, Co
the
Americalii wuniltlilletahvee
9th
hivperrpeoxoiml wo,itahfttehr
the communication will be every alternate Satur-
. their next ship,
England in order that the
Satur-
day, Tho Collins line wilt change ti
of.. and America
sf.taoi lnli n gi v
eadf after
dtahyo
tdepartureSaturday, of aeir
days of
as little as possible.
m commercialaybe
inconvenienced

SOUTHA.MTON, Nov. 19.
The United States' mail steamship Washington,
Captain J. Cavendy, arrived off Cowes this morn-
ing, on her way to Bremen, bringing 58 passengers,