The Sun.
London, England, 1840-09-18 00:00:00

EXPRESS

ERPOOL.

ARRIVAL OF THE STEAM-SHIP PRESIDENT.
LIVERPOOL., THURSDAY EVENING.
The steam-ship President, Captain Fayrer, ar-
rived in the Mersey this afternoon, having left New

York on the afternoon of the Ist, and made the

voyage consequently in sixteen days. This is a
long passage for a steamer—the lona.est, we believe,
that has yet occurred ; but it is easily accounted
for by the tempestuous weather she had to contend
with. She brings sixty pass engers, and a large
quantity of flour and light freight. The President
arrived just in time to enter her cargo at the Cus-
tom-house, by which a large amount will be saved
in the duty QII her cargo of flour. The New York
papers brought by her are only one day later than
those forwarded by the Acadia. The following are
extracts :

The exchange on England per the President ruled
from 106 i to 107, or $4 74c. to $4 75c. the pound
sterling. The sales of bills had not, however, it was
reported, been • large. The sales on Paris had been
larger than on any other place : the rate was sf. 271 c.
to sf. 281 c.
" The United States Bank," says the city article of
a New York Paper, " is a shipper of coin by this
packet to some extent. The specie is the proceeds of
their recent heavy purchases of bills on this city, which
have caused the depreciation in Philadelphia bills. Their
purchases have ceased to-day, and Philadelphia money
has rallied a little. The Bank has been buying specie
in all quarters. The Philadelphia Inquirer states that
about $.200,000 in specie arrived on Saturday after-
noon from the west. This is part of the amount trans-
mitted to-day to Europe."
The shares of the Bank of the United States were
quoted at 651 at New York, and at Philadelphia
at 68i.
The New York Stock Market was heavy, and prices
had fallen off, the consequence of a previous rapid rise,
and particularly of heavy time sales.
Trade, according to the commercial reports, lan-
guished, end no material improvement was visible.
The New York papers do not contain any political or
domestic news worth extracting. Presidential elec-
tioneering engrossed the whole time and attention of the
politicians.
NEW YORK MONEY MARKET, AUG. 31.
The Money Market remains without any material
change since the departure of the Great Western ; ca-
pital is still very abundant, the banks discounting readily
all good business paper offered them, and investing even
part of their means in public stocks and Treasury notes.
The money in deposit with them is said to amount to
$15,000,000, and besides they have in their vaults an
overabundance of specie. With all this, foreign ex-
changes are decidedly favourable to us, and yet trade
languishes ; and, as far as our view extends, no mate-
rial improvement is anywhere visible.
State stocks continue to be much sought for, and
though the sales at the Stock Board, have been but
limited, private ones to a large amount have been made,
particularly of Michigan, Illinois, Indiana, and Arkan-
sas, and almost in all cases for investment.
Bank Stocks remain very firm. Manhattan Bank
has been gradually improving, and now remains firm at
93 to 931. Mechancs' Bank has paid a dividend of
31 per cent. for the last six months. The stock is now
selling at 100 i to 100ir. The stocks of all our other
Wall-street banks are firm and in demand for invest-
ment.
Fancy stocks were very active in the middle of the
month and at improving rates. Within a few days,
however, prices have fallen off, a natural consequence
of a previous rapid rise, and particularly of heavy time
sales. We can imagine no other reason for a decline,
as money among the brokers is abundant, and is offered
freely on loans of stocks for limited periods. United
States Bank Stock for delivery is very scarce, the bears
sell it to deliver " ahead" at much below cash rates,
trusting to future circumstances for a fuller supply.
The sales to-day were at 654 to G 4, an improvement
of 1 per cent.
There has been a good deal doing of late in inland
exchanges, and in most instances, particularly those of
New Orleans and Mobile, at improved rates. Phila-
delphia has got a little worse, though it is better to-day.
The billowing are to-day's rates of discount on inland
paper :—Philadelphia, 31 to 4 ; Baltimore, 21 to 21 ;
Richmond, 31 to 3± ; Charleston, 1 to 2 ; Savannah,
54 to 6 ; Augusta, Q to 7 ; Columbus, 71 to S ; Mo-
bile, 51 to 6 ; New Orleans, 4:1 to 5 ; Mississippi, 50
to GO ; Florida, 30 to 35 ; Louisville, 61 to 7 : einem-
nati,6 to GI ; Indiana, tif to 7 ; Illinois, 811 to 71.
'Fire transactions in foreign exchanges for the steamer
to-morrow have not been large, but those on Paris have
been to a greater extent than on any other place. The
rates were—London, 106:i to 107, chiefly 106 ; Paris,
5 271 to 281 ; Hamburgh, 35a to 351 ; Amsterdam,
39A- to :39:i- ; Bremen, 77 to 7720
The steamer takes out no specie of consequence.
The Havre packet has about $lOO,OOO in Mexican
dollars.

American half-dollars, par.
Sovereigns, par.
Mexican half-dollars, 4 per cent. premium.
Spanish half.dollars, 2t,- to 31- per cent.
Spanish doubloons, $l6 10 c. to $l6 c.
Patriot $l5 60 c. to $l5 65 c.
The favourable accounts received by the Acadia of
the prospects of the coming harvest in England had
the effect of immediately stopping the shipments of
bread stuffs to that country ; though they were shortly
afterwards resumed, but on a reduced scale and at
rather lower rates. The expert demand is now nearly
suspended.
An increased demand for cotton, both for exporta-
tion anti home consumption, followed the accounts
above alluded to from England, which, combined with
our small stock, gave an impulse to the market, and
present prices show an advance of ifully I- cent. on all
descriptions. The present quotations are,
Dollars.
Uplands, very ordinary to middling . 8 to 81
Fair to good fair and g00d...10 to 10} to 10:-.1.
Tennessee and Alabama ... 8 to 101
Fine Mobile, Louisiana, &e 11 to 12} to 13
The sales since the 17th inst. are about 7,500 bales,
including 2,300 bales sold to-day.
Besides the steam-ship President, which departs to-
morrow, a packet-ship for London, Liverpool, and
Havre also sails.

RATE OF SALES AT. THE STOCK EXCHANGE,
Arc. 31.
$l,OOO Corporation Bonds '4o 100. k
5,000 Indian Five per Cent 5...........
10 do. Bank of America ll4
100 do. Merchants' Exchange Bank lO9l
25 do. American Exchange Bank
23 do. Delaware and Hudson
50 do. North American Trust 26±
115 do. United States Bank
,
5 do. Ohio Life and Trust 9O
10 do. 7th Ward Bank 55
40 do. Kentucky Bank 59
40 do. Paterson Railroad 39
35 do. Utica Railroad 125
60 do. Utica and Syracuse Railroad - llOl
4,
10 do. New York, Prov. and 805...5. 10 days 25

$l,O-0-0 on Philadelphia 96

PHILADELHHIA SALES OF STOCKS, AUG. 31
2,000 Wilmington R. R; Loan, 6's, 1842 45;
100 Lehigh s's, 1841
4 do. Philadelphia Bank
_ __ . .

3 do. Girard Bank 3ok
27 do. Penn Township Bank
2 do. Lehigh Coal 4l
11 do. Camden and Amboy Railroad lO7
50 do. Philadelphia, Wilmington and Balt 44

(Correspondence of the Courier and Inquirer.)
PHILADELPHIA, AUG. 31, P.M

At the Second Board this afternoon there was sold
but one share of Girard at 39i; rather a small tran-
saction!
After the Board there were sold 75 shares of United
States, at 69 for cash ; 50 ditto, 68i ; 200 Lehigh
Sixes, 145, 86.
PRlCES.—United States ißank, 684 b. 69 a, ; North
American Bank, 380 b. 400 a.: Pennsylvania, 304 b.
410 a. ; Philadelphia, 101 b. ; Farmers' and Mecha-
nics', 54 b. 55 a. ; National Loan Bank, 404 b. ;
Southwark, 52 b. 59 a. ; Girard, 394 b. 39-i- a. ; West-
ern, 41 b. 42 a. ; Manufacturers' and Mechanics', 41 h.
44 a. ; Moyamensing, 42 b. ; Vicksburg, 94 b. 9i a. ;
Schuylkill Navigation, 74 b. 75 a. ; Lehigh, 42 b. 44
a. ; Camden and Amboy Railroad, 107 b. 107 a. ; Pal.
ladclphia and Trenton Railroad, 102 b. 105 a. ; Phila-
delphia and Baltimore Railroad, 434 b. 44 a.