The Sun.
London, England, 1841-12-08 00:00:00

CANADA.

The Canadian papers do not possess much interest.
There was considerable anxiety expressed for the arrival
of the new Governor-General, Sir Charles Bigot, and
the papers were occupied with a variety of speculations
as to his future policy and measures, the loyal party
auguring the best from his appointment; while, on the
other hand, the organ of the French party, the Aurore
des Canadas, was indulging in a series of violent arti-
cles against Sir Robert Peel's Government, and endea-
vouring to stir up the Canadians against them. The Mon-
treal Messenger, of the 19th ult., states that rumours of Pa-
triot movements were growing rife. and that meetings of
men, who were known to be disaffected, were said to be
held in the country parishes. Fears had consequently
arisen of a new series of troubles during the winter, but
it was hoped that the lessons taught the insurgents, in
1837 and 1838, would deter them from any fresh outbreak.
Much satisfaction was felt in the United Province that
Mr. Murdoch, the Secretary to the late Lord Sydenham,
and who had been to New York on his way to England,
had been re-appointed Secretary to the new Governor-
General. Mr. Murdoch had consequently returned to
Quebec, where he was awaiting the arrival of his Excel-
lency.
(From the Montreal Transit, Nov. 18.)
MR. M'LEOD.

To the great gratification of his numerous friends, Mr.
M'Leod arrived here on Sunday last, looking 'tone the
worse for his long captivity among the Yankees. Oa
Tuesday he returned to Toronto, and after settling his
affairs in this province, he will in December leave for
England, where, no doubt, he will receive, in the words
of the London Times, a " personal solatium for his twelve
months' unjust imprisonment, as an indemnification for
such a protracted term of cruel and arbitrary oppression."
The Times, like the Canadian Journals, is of opinion
that compensation should be demanded from the United
States, the Government thereof having already clearly
admitted that the imprisonment of Mr. M'Leed was un-
just —Niagara Chronicle.
By the latest arrivals from ➢iexico, we learn that the
aspect of affairs there had taken a decidedly pacific turn,
Santa Anna having been confirmed in his authority, and
the Convention which had been drawn up by the Junta
having been agreed to by Bustamente.
The Siamese, who are at war within Cochin China,
had, by advices received at New York, gained a very
considerable victory, a large force of the enemy having
surrendered to them.

(From the New York Express of Nov. 23.)
MONEY MARKET.

Since the sailing of the last steamer for Liverpool,
there has been a considerable sensation in the Money
and Stock Markets. The rate of Sterling Bills has con-
tinued so high, that there has been a constant drain for
specie. With the exception of a limited amount of bills
on Paris and London, received from the South, there have
been but few legitimate bills offering. Most of the Ex-
change has been drawn against specie shipped to meet it.
This has been the case until a few days since, when five
of our principal banks appeared in the market, and offered
any supply that might be wanted, at 110 on London, and
522 on France. The consequence has been, that private
bills are plenty in the market at 1091 on London—and
525 on Paris. This will effectually check any further
exports of specie. Indeed, since the banks appeared in
the market as bill drawers,
_ there has been no demand
for specie. For three months past, the rate of Exchange
has been so steadily against this country, that about five
millions of dollars have been exported from this port
alone, since the Ist of August last. Of this sum, the
greater portion has gone to France, and mostly in silver.
For a considerable time this export was not felt by the
cbanks, their supply being most abundant ; but within the
last month, there has been a considerable demand on the
banks, which has been the principal cause of their ap-
pearing in the market as sellers of Exchange, and which
has had the effect to check the export of specie.
The banks, can with great safety come to the relief of
the bill market, as the bills from the South drawn against
cotton shipped, will soon become abundant here. The
course of shipments, of this great staple, cotton, has, so
sraoluvthoenrLn
opnodrtosn,,dtroamw
far as funds are concerned, continued in this city. Ship
cenew York,
t their accep-
hen the SouthernE banks were in
tapanenrdes
et ahs
lances.
agentstlll,eorpiiri ienhrele:rl3,,ca
when
wit_il ofn gal and
tgoodhrou
through
credit,
them, a l l
now
the
endorsement regulations
days, b
ut
formerly.
i s
Withinnot in aas
hhei high
st favourtwo a s were
Southern made
bank
last three days, there hasi lit
particularly within the
and Illinois Stocks, and all other
a serious fall in Indiana
the influence of this aother State Stocks have felt
have fallen to depression.thii The two Stocks men-
tionedty-five cents on a dollar, and this
too' when the latter .
State
has always paid its interest
regularly, and the former State has passed but one half
year. 'i lie
depression of these Stocks, will seriously
embarrass the S in
tates paying their interest in Jan.next.
The election in '
the State of Mississippi, has turned on
repudiating the disputed bonds of the State, which are
said to be fraudulently issued to the Union Bank, and the
result, although not fully known, is considered to have
gone in favour of repudiating the bonds. That the sub-
ject should be made a question, under any circum-
stances, has created quite a sensation with capitalists,
and is undoubtedly one cause of the decline in Stocks.
The fall trm'e is now very nearly over, and the result
has been favouroble. A large number of merchants
have visited the City, and have likewise selected a
supply of goods. the sales for cash have been larger
than usual.
The internal trade ()Cour State is nearly closed, as the
" d for the closing of our great Western Canal is
period amount of produce, particularly of
nearly at hand. The
Flour, has been larger !his year
than usual, the demand
for our Eastern market and for export having increased.
The stock on hand for the seroon is less than common.
Flour has risen a dollar a barrel within the last four
weeks, being now $6 75, and Wheat being more than a
corresponding price. Coarse Grain, such as Corn, Rye,
Barley, and Oats, also have advance
very materially.
The high price of Flour particularly, which has a con-
trolling influence on all other Grain, is o,wing in a great
degree to tha high price in England, for N;hich market
purchases were made up to $6 50. The proOsien mar-
-1 let coathmes depressed beyond all former p.:ecedent.