The Sun.
London, England, 1847-12-31 00:00:00

and Montereau, 258 f. 75c.; Dieppe, 262 f. 50c.;
Paris and Strasburg, 413 f. 75c.; Tours and Nantes,
3205 f.; Paris and Lyons, 405 f.; Spanish Three per
Cents., 31.

BUSINESS DONE IN FOREIGN RAILWAYS AT THE
LONDON STOCK EXCHANGE, DEC. 30.
Northern of France, 1134—Orleans and Bordeaux, 51/s—
Paris and Lyons, 53/4—West Flanders, 1%.

AMERICAN NEWS.

EXPRESS FROM LIVERPOOL.

ARRIVAL OF THE BRITANNIA.
We have received by express from Liverpool Ame-
rican papers to the the 15th instant, being six days
later than the intelligence brought by the Ashburton.
These papers were received at Liverpool this morning
by the Britannia steamer (Cunard), which was tele-
graphed:aff Holyhead yesterday afternoon, when the
stews brought by the Ashburton left.
The Britannia has made her passage in 11 days
from Halifax, which port she left on the 19th, and
Boston on the 16th inst. 52,0001. is the amount of
gold specie on freight.
The outward advices carried by the Britannia
from here on the 19th ult., and which conveyed the
news of the suspension of the Bank Charter Act,
were most eagerly sought for in New York, and
were generally considered as more favourable,
notwithstanding the announcement of Messrs. True-
man and Cook's failure, which, as regarded the Ame-
rican trade, was not of such direct importance as to
neutralise the improved feeling apparent.
General Zachary Taylor arrived at New Orleans
on the 2d, and was received by a splendid procession,
which surpassed any public display ever made in
New Orleans. The General is one of the candidates
for the Presidency. The General left on the sth for
Memphis.

The court-martial on Colonel Fremont was conti-
nuing its sitting at Washington.
The New York Morning Express, of the 15th,
gives the following summary of news :
New levies of troops are constantly sent to rein-
force the army in Mexico. By the latest news re-
ceived from that_country, our troops may almost be
said to be in quiet possession. The Mexican army
appears to be annihilated, and the Government almost
at an and.

From present appearance, there is to be no peace
with Mexico. There is no organized Government,
and if there was, the exactions of our Government
are such that no terms would be accepted, short of
yielding a large share of her territory.
The American army is sustained in the various
sections of Mexico, without any difficulty. Such is
the demand for American funds, and such the diffi-
culty of exporting specie, that British and American
capitalists there are ready to take army drafts on
Wa-hington at considerable premium, for which they
readily pay the specie.
It is impossible to state what course Congress will
adopt. In the Senate there is a majority in favour,
and in the House adverse to the administration. It
will undoubtedly be a long and exciting session.
Since the sailing of the steamer of the Ist our
money market has continued to be unusually tight.
The Banks have continued to contract their loans.
No banking institution is permitted to take over
seven per cent. per annum, but money has been, and
still is worth one per cent. a month in the street.
Up to the Ist about two millions of specie had been
sent. Since then, including what will go by this
steamer, about half a million more will be added to
the list. It is the general belief that after the Ist of
January very little, if any, specie will be exported.
Much of the export of specie has been caused from
the want of confidence in bills. Many persons have
preferred to send specie, even at a certain loss, than
to take bills at any rate.
There begins to be a change in this respect. The
last advices from England were more favourable, and
confidence in English houses begins to be in some
measure restored.

Fresh orders for breadstuffs have been received.
particularly for corn, and large shipments of that
article will now go forward.
There are so few bills put in the market of an un-
doubted character, that bills 'on London have been,
and are now,:selling at 110 to 110 i. There are,
however, a large amount of second rate names to be
had at 109 to 1091.
Stocks of all kinds are depressed. United States
treasury notes; which are the great favourite, and
which bear an interest of 6 per cent. are selling below
par.

Both the importations and exports are now light.
The prevailing belief is that the former will be less
than last year at this time, and that the latter will
increase.

The fall season of business is drawing to a close.
It has been a year of uncommon prosperity. The
crops of the last year sold at great prices, and those
of the present season are most abundant, anti com-
mand good rates.

' This country has probably never been in a more
sound and heclthy state. There has been no over-
trading or speculating spirit ; every great interest has
been well supported.
Freights are uncommonly low. Many vessels have
gone south for cargoes, and as the cotton crop will be
mu+ larger that was. at -first supposed, it is believed
therb will be good employment for the shipping
interest.

GREAT TELEGRAPHIC FEAT.—We have before us
two Cincinnati papers, received yesterday by mail,
viz., the Gazette and the Atlas, both printed on Thurs-
day morning, 9th inst.--and both containing the Pre •
sident's Message in full. The readers of those papers
were therefore placed in possession of the document
just 42 hours after it was read in Congress. The
Message comprises about eighteen thousand words,
and according to a statement in the Cincinnati Ga-
zette, was telegraphed through the enterprise of the
Cincinnati and Louisville press. The time occupied
by the operators on the wires in transmitting the
whole document from Philadelphia to Cincinnati
was sixteen hours, including one hour and a half loss
hy the current of electricity having been led from the
main wire to the earth, at one of the intermediate
offices. Owing to the dampness of the atmosphere,
and this alone, the entire message could not be trans-
mitted all the way from Philadelphia. The aid of
Pittsburgh office was therefore called in. Had the
night been clearer and the atmosphere dry, the com-
plete document could have been successfully transmit-
ted, not only to Cincinnati, but even to Vincennes in
Indiana—a distance of about 900 miles from Phila.
delphia. This enterprise was set on foot and chiefly
accomplished by Mr. Day of the Cincinnati Enquirer,
and Mr Fisher of the Cincinnati Gazette. Great
credit is due to the operators at all the offices
for their faithful and correct performance of their
duty on this occasion. At Cincinnati, Mr. John
Brough went to the assistance of the regular tele-
graph reporter for the press at that place (It. Smith)
and wrote out the great body of the Message as it
was transmitted ; standing at his post from the be-
ginning to the end. The first words of the Message
were received at the Cincinnati Telegraph office, at
eight o'clock on Tuesday night—the conclusion and
signature of the President on Wednesday at twelve
o'clock, noon. " Whatever (says the Gazette) may
be said of other telegraph feats, this, it must be ac-
knowledged, is the greatest achievement yet known.
As an abstract proposition it would have been
scouted, even so recently as a year ago. It has,
however, been accomplished and that in the neatest
and most correct manner. And after this let no one
set bounds to the results of science."

COMMERCIAL NEWS.
NEW YORK, DEC. 15.
TILE COTTON MilitiLET.-At the date lof my last re-
spects per Acadia on the 30th ultimo, I stated that
buyers for export were participating in the operations
going forward to a very limited extent, notwithstanding
an easy freight market—the only inquiry being from
our own manufacturers, who were purchasing sparingly,
and only as their immediate necessities required. After
the emission of my circular on that day, there was a
more active inquiry, and holders obtained bids a full
quarter of a cent over my extreme quotations, at which
about 700 bales found buyers. The following day they
were loth to offer, and very stringent in price, which
effectually stopped the little business going forward, and
for a week subsequently to the departure of that
steamer, the market wore a quiet appearance, as all
parties were reluctant to operate until the teecipt of
later advice,: from abroad. It is unnecessary to parti-
cularize the daily sales in such a perfectly dull and in-
active market, as rarely exceeded 400 bales. On Wed-
nesday, the Bth instant, the sales ran up to 1,500
bales, about 1,000 of which was New Orleans
Cotton, from the wharf by ship samples, to make out a
cargo for the packet•ship Argo, for Ilavre, at prices
quite equal to those previously paid. On Thursday
morning, the 9th instant, we were placed in possession
of the telegraphic accounts of the Liverpool market to
the,l9th by. the steamer 131 itannia ; some confusion
wai apparent in the quotations received in this manuer,
and buyers under the general u.pect of trade there, were
indisposed to come forward except at a reduction in

price of a full quarter of a cent., which was generally
acceded to, and at which, about 800 bales changed
hands, chiefly in the afternoon, the bids of the morning
being still lower. These accounts represented some
amelioration in the money affairs of England growing
out of a partial extension of the issues of the Bank at
the recommendation of Government, which had
the effect of establishing confidence, and in
the existing state of things there, that, ap-
peared to be wanted, more than money. Trade,
however, in the manufacturing districts still ap-
peared to labour under great depression, and it would
seem that a long time must elapse before it can recover
its former activity. On Friday morning the letter mail
was received, by which it appeared that the market was
♦ery similar to that existing at the departure of the
previous steamer, prices here consequently immediately
recovered that decline, and the sales that day were 600
bales. On Saturday, 11th inst., they amounted to 1,200
bales, at the full prices of the day preceding. Buyers
for export have participated in the latter purchases, and
some disposition was shown to grant facilities for ship-
ment to Liverpool. On Monday the sales were again
1,200 bales, at prices an eighth higher than those of
Saturday, and mostly for Liverpool. Yesterday they
were 1,000 bales, at prices to which my quotations at top
conform, the market closing firm.
The fall has been the most favourable on record for
ripening and gathering the crop ; the average date of
the killing frost in Georgia and South Carolina was on
21st ultimo, and in Louisiana, Mississippi, and Alabaya,
on 26th ultimo.

Freights have slightly improved. Exchange is more
abundant, and closes dull.
NEW YORK MARKETS.—TUESDAY, P.R.

Ashes—Pots are quite actfee for shipment. Sales at
5 dolls. 50e. to 5 dolls. 62ie. Pearls ate quiet and
dull ; sales at 7 dolls.

Cotton—There is a better feeling in the market. The
advance of ic. is sustained, and the demand is good.
The sales arc 1,000 bales a day.
Flour—The market is quiet, at a slight decline. Sales
of pure Genesee at 6 dolls. 37c. ; Western, Oswego, and
Troy, 6 dolls. 06c. to 6 dolls. 25c. There is but little
doing in Southern. Meal is selling freely at 6 dolls.
50e. to 6 dolls. 62ic.
Grain—Genesee Wheat will command 140, and Ohio
Mixed at 130 to 140. There is an active demand for
corn for export, sale of 30,000 bushels Western
mixed, old, at 74 to 76 ; yellow at 77 to 78 dolls. ; new
Corn at 66 to 68c. Sales of Rye at 84 to 85c. Oats,
Northern, at 46. Southern 41 ; Jersey 43. Barley, 82c.
Provisions—Beef is very dull, the stock large and
accumulating. Pork is also neglected. Cheese at 6c. to
7c. Lard has fallen, sales of new at Bi.
Molasses—Sales of New Orleans Molasses, new crop,
in bbls , at 28c. _

Oils—English Linseed is selling at 24c., and Ameri-
can at 58c. to 59e. Whale at 35.

Rice-Sales of 200 tierces at 3 dolls. 621 c. to 4 dolls.
Seed-Sales of Linseed at 1,35.
Fruit-Malaga has fallen to 1,50 a box. Sales of
Turkey Figs at 10c. to 15c.
Lead-Prices are declining; sales at 4,25.
Sugar-Sales of 100 hhds. New Orleans at 41 to 51.
Tallow has declined. Sales at Bc. to Sic.
BOSTON, DEC. 13.-Flour and Corn-The market is
rather quiet to-day, and but few sales have been made.
Prices range from 6 doll.. 37ic. to 6 dulls. 50c. for Michi-
gan and Cienes,e common brands; 6 dolls. 75c. to 7 dolls.
for fancy ; 6 dolls. 37c. to 6 dolls. 50c. cash, and 6 dells.
62c. to 6 dolls. 75c. for four months for Southern. In
Corn, sales have been made at 82c. to 84c. for Southern
yellow, 77c. to 78c. for mixed, cash. Oats are selling at
52c. to 53c. for Northern. and 50c. for Eastern, cash.
klieather remarkably mild today, and it being our city
election, but little business doing.
Auction Sales.- Corn - Yellow and white, Ohio,
1,683 sacks, 691 e. to 77c. per bushel, cash-bags 81c.
BRIGHTON MARKET, DEC. 13.-At market 850 Beef
Cattle, 32 yokes working Oxen, 46 Cows and Calves,
7,800 Sheep and Lambs, and 1,550 Swine. Beef Cattle-
Extra at 6 dolls. 75e.-first quality, 6:dolls. 250. to 6 dolls.
50c.-second and third ditto, from 4 dolls. to 5 dolls. 50c.
Working Oxen-sales at 72 dolls. 86c. and 130 dolls.
Cows and Calves-Sales at from 46 dolls. to 50 dolls.,
according to quality. Sheep-Sales of lots at 2 dolls.
to 2 dolls. 33c., and 3 dolls. 25c.-one or two lots, very
poor, taken at 1 doll. 12c. Swine-Dull-Sales at
wholesale, 4e. for Sows, and sc. for Barrows. At retail
sc. to 6c. and 61c.
PITT:BURG, DEC. 13.-Flour-The market was dull,
at 4 dolls. 871e.-Corn was firm, with an upward ten-
dency, and we quote good mixed at 40c., and yellow at
45c., with small sales. Oats were firm at 28c. with
sales. New Orleans Sugar was firm, with sales at sc.
for middling good fair quality. Whisky-No change.
The weather continues very mild for the season. • From
the effects of the late heavy rains the river has risen
quite rapidly, and we report about 23 feet of water in
the channel.

BALTIMORE, DEO. 13. Flour—The market was
steady, with a fair amount of business doing: sales of
2 000 barrels of Howard-street were made at 6 dolls.
25c. to 6 dolls. 37-ic. Wheat—Sales of 5,000 bushels
were made, including Maryland reds, at 132 c. and
Maryland family white and mixed, and 62c. for yellow.
Provisions remained inactive, and sales were making
chiefly at retail. Whisky—No change.
CINCINNATI, DEC. 13.—Flour—The market was in-
active and we have only to notice a sale of 400 barrels
at 4 dolls. 75c. to 5 dolls. Wheat continued in fair de-
mand, with light sales, without change in price. Corn
—No change. Hogs—Sales of 2,000 head were made at
2 dolls. 50c. to 2 dolls Vic. The latter figure for lots
of good quality. Old pork continues dull. We heard of
no sales worth reporting. Sales of 2,000 packages Lard
were made on terms not understood. Whisky—Sales
of 500 barrels were made (rectified) at 17,1 c. There is
a freshet in the river and the water is very high.
NEW YORK STOCK-EXCHANGE, DEC. 14.

$7,000 Treas. Notes
6,000 U. S. 6's '56 ... 97,E
1,000 Illinios Special ... ... 38
5,000 Penna s's . . 711
2,000 Reading Bonds ... ... 68
1,000 Reading M Brids ... 64
38 Mechanics' Bank ... ... 71
6 Bank of Coin scrip ... 93
200 Farmers' Loan ... 25
50 Vicksburgh
150 Morris ••• ••• •••
30 N. Jersey R. R. ...
7 Stonington

... ... 104
~. ... 50

12i Canton ... ... 27.
100 Nor. and Wor. ... ... ... ... 35
250 Reading ... ... ... ... cash 57
100 Long Island ... 1.9.. ... ... 26
1,000 Harlem R. R. ... ... ... ... 40
SECOND BOARD—DEC. 14.

$6,000 Treasury Notes ... ...

300 Harlem 39
40 Farmers' Trust ... 25
100 Morris Canal
5 N. Hay. and Hart.
10 Erie R. R. ... 601

THE VERY REV. DR. MAGEE.

TO THE EDITOR OF THE SUN.

Sia,—ln justice to my character as a clergyman,
may I respectfully request you to insert in your
valuable columns the enclosed apology from the
Herald of this day. It may not be irrelative to state
that the proprietor of the Herald, Mr. Edward
Baldwin, by way of making amends to me for
inserting the libellous letter referred to, publishes the
apology, and pays all legal costs and charges. He,
moreover, has given an order on his banker for thirty
guineas, as a subscription to my poor schools of West-
minster, and delivers up to my solicitor the original
libellous letter, with the name of the writer attached
to it. Trusting that you will excuse this trouble, I
beg to remain, Mr. Editor,
Your obedient servant,
A. MAGEE, D.D.
Reform Club, Dec. 31, 1847.

On the 17th November last a letter appeared in the
Morning Herald, headed " Ireland—Romanism," in
which an opprobrious nick-name was applied to the
Very Reverend Anthony Magee, D.D., the Roman
Catholic priest of St. Mary's Chapel, Westminster,
and animadversions were made upon the reve-
rend gentleman, which, if well founded (and we be
lieve them to be wholly unfounded) would seriously
impair his efficiency as a minister of any church.
The letter came to us with the name of a person on
whose accuracy we thought that we could rely, and
in justice to Dr. Magee we now express our regret
that any such charges should have appeared in our
columns, and we have afforded to him the best rein.
ration in our power, by placing in his hands the
means of knowing from what quarter the attack pro-
ceeded.

DESTRUCTIVE FIRE (THIS DAY.)—About four
o'clock this morning a destructive fire took place on the
premises of Mr. Eneas Mackenzie, printer, Poppin's-
court, Fleet-street. The establishment publishes the
Railway Monthly Time and Fare Tables, and, as is neces-
sary on occasions at the end of the week, the compositors
were engaged until the hour of ten in the composing-
room, and on leaving, everything appeared perfectly safe.
At the time above stated the upper floor was noticed by
one of the police to show a great light, and, on alarming
those in the house, it was ascertained that the flames
were making rapid progress. Two engines of the
London establishment, from Farringdon-street, were
quickly on the spot, followed by several others, when,
by a ready supply of water, the fire was got under, but
not before considerable damage was done to the property.
IIoLLAND.—A change has taken place in the Dutch
Ministry. M. van Hall, Minister of Finance, has re-
signed with M. de la Sarral, Minister of Foreign Affairs.
and are replaced, the first by M. Rappard, and the latter
by M. van Randwyke, at present Minister of Home
Affairs, who is succeeded by M. van der Fieird vaa
Duivendyke. Stock was lower upon this 'Change, as it
is attributed to a difference of opinion between the King
and M. van Hall about the revisal of the Fundamental
Law. It is said that the King objects much to the pro-
posed revisal, and has therefore chosen M. van Rappard,
who is known as an extreme Conservative.
WINDSOR, THURSDAY EVENlNG.—lnvitations to
dinner and an evening party et Windsor Castle o❑ Sa-
turday next (New Year's•day) have been sent out to-
day among the Nobility and gentry of the neighbour-
hood, including General and Lady Isabella Wemyss,
Colonel Challenor, of Patnall Park, Sce. Her Majesty's
Christmas bounty to the poor of Windsor and its neigh-
bourhood will be also distributed on the morning of New
Year's-day, in the presence of her Majesty and the Court,
In the ridine-, house of On royal mews.
CHAIR Cr CLINICAL SURGERY. —Professor Miller,
Low in t sir t.f surgery, is about to be a.ppeintcrl by
Government to the chair of clinical surgery, vacant by
the removal of Professor Syme to London.