The Sun.
London, England, 1840-12-16 00:00:00

IMPORTANT TO MARINERS.

The following letter has been received from Mr. Hop-
kins, commander of the ship Seringapatam :
" Madras Roads (no date).

" On the outward voyage of the Seringapata, to Ma-
dras, nearly on the meridian of Greenwich, th latitude 39
S , we fell in with a great number of ic,:heigs, sonic or
them very large and dangerous; the ship was at one time
completely surrounded by them ; one was al le-at 100 feet
high, and large in circumference ; tt she had struck one
during the night nothing could have saved her.
" The ice was in large solid blocks, and sho was going
at the rate of 12 miles an hour at the time, with a strong
N. W. wind.

There is every reason to beikve what Captain Hors-
burgh mentions in his East India Directory,' that greater
caution is necessary than hitherto supposed ; for it seems
very probable that some missing ships have been lost by
striking against the icebergs in the night, during tempes.
tuous weather.'

" I shall feel obliged by your giving this publicity, as it
will caution all commanders of vessels running in these la-
titudes to keep a good look out; as I am certain, had we
struck one of the icebergs, the Seringapatam would hava
buen amongst the missing ships.
(Signed) " W. S. HOPKINS,
Commander of the Seringapatam."

MONEY and COMMERCIAL NEWS.

CITY, TWELVE O'CLOCK.

LIVERPOOL COTTON MARKET, TUESDAY.—The sales to-
day were to a fair amount; the prices on the whole were
steady. About 4,000 bags have been taken by the trade.
LIVERPOuL SHARE MARKET, Dac. 15.—Eastern Coun-
ties, debs 41. 41. 11.. 6d. ; Glasgow and , 29i; Great
Western 861 ; Half shares, 494 ; London and Birming-
ham 321. shares, ; Brighton United Company, 30k ;
South Western, b 44 ; Manchester and Leeds Half shares,
28 ; Midland Counties, 75.

Extract of a lettor from New York, Dec. 1, at the
North and South America❑ Coil;le-Louse:

" Ali Is quiet all over the country now. Congress
meets next Monday, when Van Buren will deliver a curious
message, being his last, on Tuesday. This Session pro.
bebly the Bankrupt Law will be passed. The new Ad-
ministration will have great difficulty in regulating the
finances of the country ; they will have to redeem 10,000,000
dollars of treasury notes, and with a deficient revenue they
will have to create a national dcht of 20,000,000 dollars.
John Sargent, of Pennsylvania, and John Davis, of Mas-
sachussets, will probably be Secretaries of State. Ail is
quiet in Canada. The Governor better. Mexico all in
confusion. Texas prosperous. The Quebec papers con-
tain no news.

We have received Montreal papers to the 26th of
November :

Snow fall in great abundance yesterday.
COMMERCIAL.—The wind, which has been so long un-
favoulizbic for vessels downwards with produce, having at
length changed, a considerable number of boats have
arrived with cargoes, and more are at hand. The ships
remaining in port will now be able to fill up and take their
departure.
AIoNE v.—The batiks are still sparing in their discounts,
and will probably continue so till the close of the naviga-
tion. What has added not a little to the inconvenience
suffered by the mercantile community, has been the ces-
sation on part of the ageocy of the Commercial Bank
of Upper Canada to redeem the notes of that institution
here.

We have received Halifax papers to the Ist of De-
cember.

LATE GALE.—We regret to learn that the lato Kai es
have proved very destructive to the fishermen along our
shores. The loss between this place and Ketch Harbour is
estimated at from 7001. to 800/. The number of nets
carried away is one hundred and thirty.five. All the fish-
houses en the north and south side of the ba), wan their
contents, have been swept away.

ST. JOHN'S, NEW BRUNSNNICK, NOV, 11, —Tue princi-
pal business of the Cason is now drawing er to a close,
and although the river still remains open, y, t the supplies
for the country are mostly all purchaiA. Tue market is
now bare of many articles that are much required. Flour is
scarce, and prices are firm for all descriptions of pibvisiuw.
West India produce remains as it had been throughout the
summer; speculations have, however, been made to a con-
siderable extent in the articles of sugar and molasses, but
holders evince a desire to sell. Our timber market is
lik?wise goad, and prices are rather looking up.