The Sun.
London, England, 1847-12-24 00:00:00

AAIERICAN NEWS.

By the packet-ship Isaac Wright, Captain Marshall,
arrived at Liverpool, e have advices from New York
to the 3d inst. We extract the following summary
from the New York Express :
The week has been rather a blank one for news.
Nothing striking has reached us from the seat of war
in Mexico, or, indeed, from any quarter. Public at-
tention is now tuned to Wa'hington. The session of
Congress commences on Monday, and there is no
doubt that the house will be organized, and the Ales-
sage transmitted on the following day. The views of
the President, and the report of the Secretary of the
Treasury, will be read with unusual interest by all
classes.
In the early part of the week the weather became
suddenly cold, which closed the Erie Canal ; but it is
believed that the storm of rain on Wednesday night,
and the mill atmosphere of yesterday, have again
opened it. In the course of two or three weeks the
North River will be frozen, and probably remain ice-
bound for three months.
The fall season is over, and the belief is, that it hag
been a good one. The crops of the country have been
abundant ; prices are high, and all domestic trade
tisfactory. The year 1847 has probably been one of
as great prosperity as this country has ever ex-
perienced.
Ashes—Both sorts have declined, owing to the in-
creased receipts ; but since the canal has closed there
is a little more firmness in the market ; sales of pots
at 5 dolls. 75c., and pearls 7 dolls. 50c. The stock
on hand is 3,118 pots and 1,197 pearls. Export for
the month of November, 1,210 barrels and potshee
pearls.
Cotton The advises from the south state that
prices are higher. The market has become better;
there is a more active demand, and prices have
advanced ic. The demand for export has principally
been for the Mediterranean and of ber markets. The
total receipts at all the shipping porte are-298,790
bales, against 318,022 to same date last year, A de-
crease so far this season of 19,232 bales. The total
foreign expors this year is 77,718 bales more than
last—say 44,845 increase to Great Britain, 17,05 i;
increase to France, 15,105 increase to the north of
Europe, but 710 less to other foreign ports. The
shipments from southern to northern ports are 14,871
bales less this season than last, but there is an excess
in stock of 5,534 bales.
Flour—We have had a cold snap of weather,
which has partially, if not wholly, closed the canal.
With the prospect that the receipts must soon stop, the
market is up about 121- cents, and holders firm. Oswego
and Western is selling at 6 dolls. 123 b. to 6 dolls. 25c.,
and Genesee at 6 dolls. 25c. to 6 dslls. 50c. The stock
of Southern is light; sales of Brandywine, at 6 dolls.
75c.; Petersburgh and Richmond, 6 dolls. 374 e. to 6
dolls. 50c. ; rye flour, 4 dolls. 62c. to 4 dolls. 75c. ;
buckwheat, 3 dolls. 25c. to 4 dolls 12ic. ; corn meal'
3 dolls. 25c. to 3 dolls. 37ie. The receipts down. the
Hudson since the opening of the river navigation to
yesterday are of—wheat flour, 2,787,566 barrels ; tore
meal, 106,825 barrels. Export from the Ist to the 30th
of November—wheat flour, 26,091 barrels.
Grain—There is an active demand for wheat, and
sales of 2,000 bushels of Genesee, at 1 doll. 35c. to 1
doll. 36c.; Illinois, 1 doll. 25c. to 1 doll 27c. ; Sow
them, 1 doll. 25c. to 1 doll. 30c. Parcels in store
are held for an advance. Rye is selling at 88c. to
90c.; barley, 85c.; oats, 50c. ; corn went up a cent or
two, but is again slack ; sales of 6,000 mixed, at
to 74e. The receipts down the Hudson since the
opening of river navigation to yesterday are of—
Wheat, 1,739,264 bushels ; corn, 3,520,682 bushels;
rye, 345,315 bushels.
Export from the Ist to the 30th of November--
corn, 59,865 bushels; wheat 27,688 bushels; rye,
none ; barley, none ; oats, none.
Tobacco—There exists some inquiry for Kentucky
leaf; and sales of about 250 hhds. have been effected.
part taken for export, and prices remain unchanged;
150 bales Yara brought 35c. ; 140 ditto St. Donsioget
for export, on private terms.
Money—The market continues to be tight, and
there is a good deal of paper in the market selling at
1 to 14 per cent a month discount. Within the monthabout 2,000,000 of specie and large amount of bills
have been sent abroad. The market is in an unusual
state. The pressure seems to pervade two branches,
viz., those engaged in foreign commerce, and those
operating in stocks. The large interest of regular
traders connected exclusively with this country
are comfortable and easy, and are not pressed.
The great jobbing and grocery trade are
easy. This is not singular; the trade of the
country has been sound and profitable. There.
has been no excited speculation in any branch or
business. The embarrassments of Europe, howeier,
have reached this country; confidence has been so
shaken that a large portion of the remittances have
been in specie. So much having been drawn from
our banks has affected those operations; and they
have contracted their discounts. Still, with the _ex-
ception of one or two German houses, there have been
no failures. The fall of Treasury-notes to par has
prevented any considerable demand for specie on our
banks; this has relieved them in some degree. The
general impression is, that there will continue to be
some pressure throughout the month, but that money
soon after will be more abundant.

Specie—The failures in England have been SO
numerous and extensive, that confidence is greatly
impaired. A large portion of the remittances
have been in specie, and since the month came in
over two millions of dollars have been ex'
ported. Many houses have written out to
ship specie, and not to take bills at any rate,
in consequence of the difficulty in getting 60 days
bills discounted after they get there. Another
cause why so much specie has been sent is, that
there is no specie going to England from hiexico.
Those who are working the mines there are purchas'
ing army bills and Treasury notes at a premium, and
sending the same to this city, where.they are turned
into specie and sent to England. The export of spe-
cie to Mexico is done, and all the payment of 61)9.C1e
for duties is nearly at an end, all the payments 136,1
in Treasury notes. Our imports are now so lig
that it is believed that the balance of trade cannot
long be against us, and that soon the same specie that
has gone, and is going, will be returned.

_ ....
Per cent.
American gold, old lO6 to 106
Ditto, new
Half dollars lOOl 1001
Portuguese gold lOO —100 i
Spanish dollars
Ditto, quarters - 100-• m I
Mexican dollars
__
Ditto quarters
--
Treasury notes
Value.

S. c. S. C.
Carolus dollars.. 1 3 to 1 u
Five francs
Doubloons
Ditto, patriot
Sovereigns
6
5
Ditto, light
8586 4
20 0 114
88755750
Heavy guineas
Napoleons ..
Exchange—Foreign—The market has continued
in the same state as last week. The sailing Of the
packets and steamer of the Ist has taken a large
amount out of the market. No bills have been sold
but those of unquestionable credit. English Govern•
ment being the favourite, the range has been from
1091 to 1101. All second-rate names are withdrawn
from the market. per cent.
Bills on London, 60 days, £ sterling 109} to 1101
Bills on Pari 5.....
Bills on Amsterdam - 401
Bills on Antwerp
••• 40 401
Bills on Hamburgh, Marc Banco Bsi
Bills on Bremen, rix-dollar
Freights—Foreign All descriptions are dull'
There are some shipments of cotton to the Mediter-
ranean and Havre, but at a low figure. To England
freights were seldom as low or more depressed.
To Liverpool—Cotton square and round bales, ta'
to 3-16c1. per pound.

EXETER HALL.—Last night the Sacred Harmonic
Society repeated Handel's Oratorio of the Messiah, *tin
Mozart's additional accompaniments, and the attraction
of the performance was such that the large hell was
completely filled. The vocal parts on this occasion
were assigned to Madame Caradori Allen and Waal
Steele, Mr. H. Phillips, Mr. Leffler, and Mr. Bennett,
and they acquitted themselves in the most successful
manner, rendering the beautiful music with that purity
and simplicity alone befitting the divine productions of
Handel. The band and chorus were on the most exten-
sive scale, consisting, as stated in the programme, of
five hundred performers, and nothing therefore wsa
wanting that could add to completeness aid effect. The
choral department of the Society exhibits considerable
improvement, their singing last night being marked by
that closeness and steadiness which good drilling and
constant practice only can produce. The patronage
which the Sacred Harmonic Society continues to receive
is the most flattering compliment that can be paid to it,
and affords the most gratifying proof that the exertions
of the Society have been properly appreciated.
ANTI-GOLD•LAW LEAGUE.—The tenth meeting
of this association was held last night at the Crown and
Anchor Tavern. The advertisements stated that special
reference would be made to the discussions in Parliament
on the appointment of the Currency Committee, and
upon " the too-evident attempt of the bullionists to
shelve the question, notwithstanding the intense and
extensive sufferings of the mercantile classes of the
UnitediKingdom." Mr. Francis Bennoch, president of
the League, took the chair, and he stated that Mr.
Taylor, Mr. Duncan, and Mr. Bell, who had undertaken
to engage in the proceedings, were prevented, the two
first from illness, and the third by indispensable busi-
ness. He was himself ready to proceed, but he suggested
that the sense of the meeting should be taken, whetheft
under the circumstances, the proceedings should nut be
adjourned. On the question being put, there appeared
to be a majority for the adjournment, and the proceed-
ings consequently were deferred till after the holiday.