The Sun.
London, England, 1854-10-16 00:00:00

AMERICA.

LIVERPOOL, OCT. 14.
By the royal mail' steam-ship Arabia, Captain
Judkins, advices have been received from New
York to the sth. She has brought $869,436 and
2,6801. in sterling on freight.
At the time of the Arabia's departure nothing
was known at New York of the catastrophe to the
Arctic. A New York paper remarks as follows on
her being overdue at that port :
" There was a good deal of anxious inquiry yesterday
for the Arctic. The Arctic is tie steamer into which a
new experiment was introduced in the furnace and
boiler, and this voyage is the first with that experiment.
By many knowing men it was said it would not answer,
and that the experimental trip to Boston was a failure,
&c. This steamer is now in its 14th day, which is un-
usual for so swift a steamer, but she may possibly be de-
tained at Liverpool for repairs or alterations."
Between 20 and 30 persons are supposed to have
lost their lives by the sinking of the steamer Malta
on the Ohio ri►er.

The first council of Roman Catholic bishps ever
held in the province of New York assembled on the
Ist inst. at New York.

The New York Journal of Commerce notices the
reaction which was exhibiting itself in the immigra-
tion traffic. It says,—
"We have noticed of late frequent departures of
large companies of emigrants from this port on their re-
turn to the Old World. These occurrences seem to in-
dicate that a reaction on the excessive emigration of past
years has commenced. A vast improvement has taken
place in the condition of many of the estates in Ireland
since relieved of their redundant population, and which,
added to the operations of wholesome laws, and the
favourable yield of the grain and potato crops impart
strong additional attractions to the old fleshpots.' "
The new steam frigates were being actively pro-
ceeded with under the supervision of Mr. George
Steers. One of these vessels, the Niagara, is to
have a speedofl7 miles an hour under sail alone (i)
She is to be a propeller and to carry guns of 11
inch bore, the largest calibre used in our navy. The
extreme length of the Niagara will be 345 feet ;
depth of hold, 31 feet ; breadth of beam, 55 feet ;
draught when loaded, 22 feet 9 inches. The five
remaining frigates are all to be much smaller than
the Niagara, having a displacement of about 3,500
tons.

Advices from Venezuela to the 3d ult. announce
that the revolution in Barguesameto had ended.
General Rodisquez, the chief of the patriot army,
was being taken by an escort to Caraccas, but his
guard murdered him on the road. An abundant
coffee crop was nearly ready for collecting.
Inactivity of trade generally was still prevalent in
business circles at Now York. The demand for
money was rather more active, but on desirable
securities there was a good supply offering at 10 to
12 per cent. for 60 to 90 days. A meeting of the
New York and Newhaven Railroad Company had
resulted in nothing but a stormy debate. Not
much bad been done in exchange. Bills in general
were very firm, and on some of the continental ports
they were scarce. We quote bills on London at
9i to 10 per cent. premium ; Paris, &c., at sf.
12ic. to sf. 11c. GO days, and sf. 7c. to sf. 64c.
short sight ; Antwerp, sf. 121 e. to sf. ; Am-
sterdam, 41i to 411; Hamburg, 36i to 36i ;
Bremen, 79 to 794- ; Frankfort, 44- to 415 ; and
thalers, 73i to 74. The corn-market had slightly
hardened, especially for the low and medium
grades, but the demand continued moderate. Flour
and meal continued to decline. Grain had not un-
dergone any material change. Iron was firmer.
Freights continuo depressed. Two houses are re-
ported to have failed at Boston, one of them being
largely engaged in the Australian trade.

AUSTRALIA.

ARRIVAL OF THE RED JACKET.

LIVERPOOL, Sunday.—The clipper ship Red
Jacket, Captain Reid, arrived in the river this
morning with advices from Melbourne to the Ist
of August, having accomplished the trip home in
731 days, notwithstanding her having lost some
time in the ice. It is the quickest passage on re-
cord. She made the run out from the Rock Light
to the anchorage at Melbourne in 691 days, and has
completed the voyage out and home in 5 months
and 11 days—this being the most extraordinary
performance ever recorded.
She brings 44,9431 ounces of gold, and 28,270
sovereigns.

The lightning arrived at Port Philip Heads
on the 31st of July.
The Carpentaria and Albatross, from this port,
the Otillia and Medina, from London, and Cairn-
gorm, from the Clyde, had arrived at Melbourne.

The John Bank; was intended to leave for Lon-
don the same day as the Red Jacket, and the
Frances Henty and the Ballarat at an early date.
Mr. Smith O'Brien had been presented with a
cup of Victoria gold, the proceeds of a public sub-
scription.
It must be, indeed, gratifying to our brave sol-
diers and sailors to find, if our Australian brothers
cannot take part in the wr that is now going on
with Russia, that they have called meetings and
raised subscriptions for the benefit of their wives
and children that may need assistance.

The escorts for the week had brought down 33,327
ounces of gold. _

Hobart-town advices of the 25th state that in the
Legislative Council, on the 25th of July, several
messages wore received from the Executive and read
a first time. 32,0001. had been subscribed for a
Hobart-town Gas Company. The Lieutenant-
Governor had noticed that, under directions from
the Secretary of State, male and female ticket-
of-leave holders would be required to serve with
good conduct only half the period for which they
would have had to serve under previous regulations
for a recommendation for a conditional pardon. It
is also notified that, under the instructions above
referred to, pass-holders who have no offence re-
corded against them since their arrival in the
colony, will be allowed a further reduction of one-
fourth of the diminished period of service for
a ticket of leave. _ .

There were only about 100 mon at the Mount
William diggings, in the place of 700 to 1,000 for-
merly. Provisions were exceedingly dear, and 15/.
had been paid for a bag of flour.
Gold remained at IL per ounce, and stock was
decreasing in consequence of the principal banks
purchasing at the diggings.
Exclianges.—Packs draw on England at 5 per
cent. discount, and negotiated draughts against
produce or gold at 3 per cent, discount ; local bills
at 7 per cent. for 93 days, and 8 per cont, for longer
dates. Rates of interest on over-drawn accounts,
at all banks, 10 per cent.
There was little change in the labour-market,
beyond the fact that the continued influx of emi-
grants had kept up a good supply of male and
female servants. Wages had experienced a slight
decline.