The Sun.
London, England, 1840-07-11 00:00:00

LONDON:
SATURDAY, JULY 11, 1840.

AMERICAN NEWS.

EXPRESS FROM LIVERPOOL

FIVE DAYS LATER FROM NEW YORK.
LIVERPOOL, FRIDAY NOON.

By the New York packet ship, England,
Captain Waite, we have received New York dates
to the 20th ult., and Montreal papers to the 17th.
The England arrived this 'nothing, making her
passage, in twenty days ; she has brought thirty-
three cabin pasen,,,,ers. The Great Western ar-
rived at New York on the morning of the 19th—
the voyage having been performed in less than
fifteen days. The passage seems to have been Ten-
dered agreeable and pleasant to the passengers, who
passed some very flattering resolutions commending
the able conduct and polite attention of Captain
Hoskin.

The rate of Exchange was falling, and was
quoted at 6 and 64. On Havre 5 30 to 32;
Hanihurgh, 351; ; United States Bank Share, 752.
These papers contain no news of much importance.
Trade was very dull, as will be seen from the fol-
lowing extracts from the New York Daily Ex-

press:—
CITY NEWS.—THURSDAY, P.M.

Exchange on England is drooping, and there is a less
demand than we have known for a long time. Cotton
goes forward rapidly, but with this exception the trade
with England has fallen off astonishingly. The demand for
bills is comparatively nothing, except to pay interest with.
The demand for this purpose is probably about a hundred
thousand dollars a month. The amcunt cf dry, or any
other English goods arriving is very small, with no pros-
pect of any increase.
The Stock market has continued very steady for several
days past. There is an immense interest at stake with
brokers and others to cause constant fluctuations in
prices, as it is on the fall and rise that money is made
and lost; and persons are to be found worthless
enough to put reports afloat for the purpose of af-
fecting not only Stocks, but the credit of our most
respectable houses. Last week it was extensively circu-
lated that one of the late, or one of the present officers
of the United States Bank in Philadelphia had com-
mitted large embezzlements; since which it has been
proved to be wholly false, and the object was to affect
the stock ; this week it has been rumoured that a great
mercantile house was to stop early in the week, and, then,
that a large broker in Wall-street was also to stop; re-
ports without the shadow of truth, and the authors ought
to he severely punished.
The Gov. ruor of Pensylvania has called on the Banks
of that Star!, f r one million two hundred thousand dol-
!ars, which sum they arc obliged to loan at five per cent.
Una',2." ore ent ciieunistafices it may not be difficult for the
Banks to }''t' it' The Sto, k will, in consequence of the
re(ent 14w to tai the citizens, be put on Ligh ground in
London.
The New Orleans True A ,:,erican of the Bth inst. says,
" The stock of cotton is reduced 1..7 120.000 bales, bein
a falling ( ff of nearly 100,000 bales in i:7, caulse of‘ th:
past mouth. Were there ships in port it vio i:g
..._(1.0" .
in the next four weeks to almost nothing. but the cut!it.ulty
of getting vessels and the prospect of this obs.ruction to
trade continuing for some time, prevents transactio.is in a
great measure."