The Sun.
London, England, 1840-04-16 00:00:00

AMERICAN PAPERS.

By the Horatio, Captain Howland, and the Vir-
ginian, Captain Harris, which arrived at Liverpool
yesterday, we have received New York Papers to the
27th of March. The.), bring no news of much inte-
rest. An Act of the Legislature of Virginia, passed
on the 18th of March, suspends till the end of next
Session, so much of the Bank Act as declares the re-
fusal to pay specie a forfeiture of Bank Charters. Per-
mission is also granted to the Banks of that State to
issue five and ten dollar notes to the Ist of April, 1841.
To provide against the abuse of this indulgence the
Banks are forbidden to declare a dividend of more than
six per cent., without having one month previously re-
sumed specie payments.
SOUTH AMERICA.
(From the Washington Globe.)
The treaty of indemnity for claims of citizens of the
United States against Mexico has been ratified. General
Santa Anna, is is said, had obtained his passports with the
intention of travelling, but whether in the United States
or in Europe was not known.
The pension granted by a former Congress to the widow
and family of the late Emperor Iturbidc has been discussed
in Congress and confirmed by them.
Extracts of a letter, dated Monte Video, Jan. 11. 1 S4O.
We have great pleasure to inform you of the defeat
and complete dispersion of the Entre Rios forces, by our
President, in a general action which took place on the
29th ult. If the Government forces are only successful in
preventing their making head again, and driving them en.
tirely out of the' province, we hope to see an improve-
ment in business, as soon as the country gets more settled,
and an active demand for imports generally. .
" In respect to the removal of the blockade, or rather
the prospects, we scarcely know what to say ; but have no
doubt that the victory gained by our President will have
some influence in bringing its period nearer ; it may also
happen suddenly, when we least expect it; but, at any
rate, we do not think it can last over three months more,
when the term of General Rosas expires, if he is permitted
even to serve it out."
FROM RIO JANEIRO.
" Baltimore, March 25.

" The brig Montezuma, arrived here yesterday, in 45
Ways from Riu Janeiro, having left that place on the sth
ult. The stock of Flour at Rio, in first hands, was ex-
hausted on the Ist ult., and in second hands it was esti-
mated there might be B,sooibs. The receipts during the
month of January were only 3,229 barrels. In conse-
quence of this Flour advanced very rapidly. • Early in the
month, a parcel of Baltimore was sold at 15$ ; a parcel of
Richmond City mills was afarwards sold at 21$; and,
within a few days of the Ist of February, a cargo of Bal-
timore at 245.
A letter dated on the Ist of February says :—" The
future course of our market must of course depend upon
our supplies; but, unless peace be shortly re-established
in countries bordering on the River Plate (so that they
might be enabled to gather in their crops), or those countries
should be supplied by direct importations, the demand for
broad stuffs will probably be large at this place through-
out the preent year ; and, as we can scarcely 1(4,:k for any
importations from Europe, we shall depend entirely on the
United States, unless the crops in Chili should be such as
to encourage exportations to this coast."
The Oxford packet to Liverp 01, of the 19th, would
not :sail until the 27th ; the Roscius packet, of the 25th,
was intended to sail on the 30th ; the Sampson, for Lon-
don, sailed on the 23,1.
The following ships had arrived at New York :—The
Stephen Whitney, from Liverpool, on the 23d ; the St.
James, from London, on the 25th; the Westminster, from
London, on the 22d ; the President, from London, on the
22,1 ; the Cambridge, from Liverpool, on the 22d ; the In-
dependence, from Liverpool, on: the 22d.
NEW YORK COMMERCIAL INTELLIGENCE,

WEDNESDAY, MARCH 25.
A moderate business has been done in Stocks today,
with but little variation in rates. Nothing whatever has
transpired in Foreign Exchanges. Inland are very dull,
at previous rates.
The sales of Cotton are to the extent of some 6()0 bales,
and have been made at the reduced prices of last week.
The Flour Market is still very inanimate.

RATE OF SALES AT THE STOCK EXCHANGE.
52 Shares United States Bank lO ds 74
15 do. American Exchange Bank . l5l
440 do. Delaware and Hudson
20 do. Dry Dock . . 46
80 do. Commercial Bank 62 ds 80
150 do. Bank of Commerce Scrip
125 do. North American Trust Company .. 60 ds 52
15 do. Kentucky p and c
50 do. Washington Marine
109 do. Harlem Railroad
49 do. Utica ...... . .
25 do. Auburn and Syracuse
30 do. Canton Co

TOTNES ELECTION.