The Sun.
London, England, 1849-11-14 00:00:00

AMERICAN NEWS.

ARRIVAL OF THE NIAGARA.
LIVERPOOL, TUESDAY, Nov. 13.

We have just to hani one week's later intelligence
from New York and the British American possessions,
per the steam ship Niagara, which left New York
on the 30th ult., and Halifax on the 2d instant, and
arrived here a few minutes since. Although work-
ing only one engine, the other having been disabled
during the outward passage, the Niagara has made
the run in 12/ days.
The Niagara has brought 30,0001. in specie on
freight.
The Europa, Captain Lott, hence, arrived at Boston
on the 25th ult.

The llibernia, Captain Stone, hence for New York,
was spoken by the Niagara on the evening of the 21
inst., off Sanabro' Head.

Beyond the intelligence from the West India
islands, which will be found elsewhere, the advices
are totally uninteresting.
From -Canada we have the confirmation of the
rumoured change in the seat of Government from
Montreal to Toronto.

The following is the official notification :
" Crown Lands-office, Montreal, Oct. 28.
" Mr. Mayor,—After mature deliberation upon the
address of the Legislative Assembly, dated the 19th cf
May lag, in favour of holding the seat of Government
alternately at Toronto and Quebec, and on considera-
tion that nothing has since occurred to diminish the
weight of the reasons which gave rise to that address,
the Governor-General in Council has come to the de-
termination of acquiescing in the desire of the Legisla-
tive Assembly.
" This decision necessarily causes the removal of the
wet of Government to one of the two cities.

" It has been determined that the new arrangement
shall commence by the immediate removal of the Go-
vernment to Toronto, there to remain till the expiration
of the present Parliament, after which it will be trans-
feared to Quebec for the four following years.
" For these reasons, I am commanded by his Excel-
lency the Governor-General to notify to the corporation
of Quebec, in accordance with the subsisting contract,
that in one year from this date the Government will
again take possession of the public edifices now in charge
of the said corporation.—l have the honour to be, Sir
your obedient servant,

" T. BOUTHILLIER."

The League had been called together, to meet at
Toronto on the Ist of November, to take into consi-
deration matters of importance. The plan proposed
to be pursued by the League is said to be as follows :
"every branch of the League, in all the constituen-
cies in Canada, is to agitate in its respective location, so
as to induce its representative in the provincial Parlia-
ment to vote for the introduction of a Bill authorizing
the assembling together of the people of Canada, by
means of delegates, in convention, for the purpose of
determining on wl.at changes in the Constitution are
necessary, and, having done so, a measure in accord.
ance with their views is to be brought into Parliament,
and, when carried, sent home for consideration to
England. It is for this purpose that the conventio❑ of
delegates of the British American League is to meet. A
union of the North American provinces will also be con-
sidered."

A slight but unimportant disturbance had occurred
at Quebec.

We have Mexican advices to the sth of October,
but they contain no intelligence of importance.
The Washington correspondent of the New York
Ti' ;Lune states that the result of an interview which
lately took place between Mr. Rives, the United
States Minister to France, and Lord Palmerston,
leaves little doubt of such an adjustment of the matter
as will throw the Nicaragua route open to all nations
on an equal footing.
The steamship Crescent City had arrived at New
York from Chagres, with advices from that port to
the 17th ult. She left Kingston, Jamaica, on the
20th ult. We have no later intelligence from the
gold mines. Panama remained healthy.

COMMERCIAL INTELLIGENCE.
NEW YORK, OCT. 31.
Money Market—The Stcck market since the kat
steamer had had buyers, and the quotations have nearly
all improved. Demand for Government Stocks has
bee❑ large for remittance to England and the Continent,
and at advancing prices. The amount of Government
and State securities by this steamer we estimate at
300,000 dollars.

In exchanges the market is a little softer. The supply
of these had somewhat increased by the movement in
cotton and produce. The demand is moderate, and first.
class sterling sold at 10i, which is about the top of the
market. The leading drawer reduced his buying price I
per cent. Francs at 5.221 to 5.20, and firm.
Cotton—On the 27th, on receipt of letters by Europa.
buyers came freely forward, and 3,400 bales were sold
at an improvement of cent., establishing the improve-
ment for the week of fl to cent. and quotations of the
highest point of the stason. Yesterday the sales reached
3,000 bales, and to-day, 260 bales, at extreme prices.
The unfavourable advices from the 4th giving a new
impetus to the demand, the market closes with a good
inquiry, being easier to sell than purchase at the Tula-
(ions.

Breadstuffs—The lower grades of flour hare declined
64 to 12f cents. pee barrel, being in plentiful supply.
the price of the better kinds was steady. The stock in
store waii modetate for the season. We are continuing
to receive Canada flour and wheat in bond, bat in
moderate quantities. Sales have been made largely of
flout. at 4604 dollars to 475 dollars per barrel, and wheat
at 104 to 105 in bond.

_
Iron—The mat knt is quiet, and we quote Scotch pig
19 dollars to 19 dollars 50 cents., cash; 20 dollt.rs to 21
dollars six months, at which further sales of 1,000 tons
have been made. Inferior sold at 19 dollars 50 cents.
six months.

NEW ORLEANS, Ocr. 26, r.m.—There has been a i
good demand for cotton to day, and the market s
without change from yesterday. The operations are
partly for export. Saks of to-day embrace 4,000
bales, including middling qualities at 94c. to 9ic.
Dealers are anxiously waiting the Europa.
OCT. 27, A m.—The news by the Europa was re-
ceived here last evening, and made public this morn-
ing. The advices being considered highly favourable,
holders advanced their prices 9, but as the market has
not fairly opened it would be difficult to give a correct
line of the same. Freights to Liverpool are declining,
and are quoted ie. for cotton.