The Sun.
London, England, 1848-10-10 00:00:00

H S N,

COMMERCIAL INTELLIGENCE.

NEW YORK, SEPT. 26.—The Acadia has tranquilliz d
the apprehension of a general war in Europe. The in-
telligence respecting the harvest in England is received
with satisfaction.

We continue here in the enjoyment of fine weather,
which, of course, helps the cotton crop. The receipts
of cotton at the ports, and the exports to Great Britain
since the Ist inst., exceed those of the last four, and
indeed of all preceding seasons. There seems to be a
deficiency of 1,000 bales in the receipts compared vi,i,ll
1845; but this is merely apparent, and not real, inas-
much as four days more arc included for 1845 than 1843.
The weather in the south continues favourable for the
opening and picking of the new crop, and nothing that
we can hear of has occurred thus far to prevent
26,000,000, 27,000,000, or indeed 28,000,000 bales being
made, if the weather and other circumstances continue
as favourable as they huve been since the 20th August.
The new cotton comes into market rather freely, al-
though they write from some places that the unusual
quantity open in the fields for three weeks past has com-
pelled planters to turn i❑ their whole force upon picking
to the present neglect of ginning and sending to mark. r.
We hear of two vessels loading cotton for France at New
Orleans, and one at Savannah, and there are shipments
making from New York.

Government and state securities have been in very
moderate demand during the past few weeks, and the
prospect at present is that a decline in prices, to a
limited extent, will soon be realised. We base this opinion
upon the fact that money is becoming scarcer every day,
and its value daily increasing. The amount of Govern-
ment stock upon the market is more than it can bear,
and unless it is relieved it will be impossible to sustain
prices. The advices received by the last steamer from
London, relative to the negotiation of a loan upon the
hypothecation of United States Six per Cent. Stock,
have not had a very favourable influence upon these
securities, and it is the universal impression in the
street, that in the event of the required loan not being
made Treasury notes will sink below par. If the loan
is obtained money will be pleutier, and the market re-
lieved, and if it is not obtained, Treasury notes will,
without doubt, fall below par, and the market be re-
lieved by arresting the drain of specie to pay into the
independent treasury, as these notes will be purchased
for payment into the Custom-house, and take the place
of the precious metals. There is therefore, a proba-
bility of an improvement in the money •market within a
few weeks. The sub-treasury of this city has in i:s
vaults nearly 3,000,000 of specie, and whatever teals
to the distribution of this amount, or prevents a lux-
ther accumulation, will tend to the improvement of our
local financial affairs. Had the last Government loan
been more distributed, or had the Government broker,
been satisfied sith what they could have controlled, al.d
left the balance to other bidders, the stock would hove
been withdrawn from the market, and been held more
for permanent investment. The amount of bids for the
last loan of 16,000,000 was nearly 31,000,000 dolls, at a
premium ranging from par to 4 05 per cent. above, and
but half a dozen individuals out of the hundreds of bids
obtained the lull amount of the loan. Of this half dozen
one firm, Corcoran and Biggs, of Washington, obtai en
14,000,000 dolls, at 3 dolls 02 per cent. pm., leaving but
2,000,000 dolls to be divided among the other four or
five successful bidders. It was exceedingly unfortunate
for the Government and all concerned that the loan %%as
not more equally divided. Had it been, the market
price at this moment for Treasury notes would, in all
probability, have been several per cent. above those pow
ruling, and there would have been a more active demand
or them in Wall-street and in foreign markets. Tr,a
Bury notes are now, and have, for some time past, sold at
prices below those paid for the last Government lean,
and the probability at present is, that a greater difference
than now existing will soon be realised.

(From the Shipping and Commercial List, Sept. 27.)
Cotton—Since our last there has been a fair amoin:t
of business, without change in rates ; the transactions
include one list of about 1,600 bales (Saturday) of com-
mon quality. Receipts at shipping ports 45,232 ba!es,
against 14,743 to same date last year—an increase this
season of 30,489 bales. The sales since the 15th ilgst.
are 13,400 bales, and since cur last 4,300, as follows :
Upland and Mobile, N.o,
Florida and Texas.

_ _....-
1,000 bales. 2,700 bales.
Inferior .. ... ... None. .5f to 5i
Ordinary to good ordinary 51 to 6* 61 to 6*
Middling to good middling 6,f to 6? 64 to 6*
Middling fair to fair ... 611 to 6.-f 61 to 7-a
Fair to good fair ... ... 7to 7f3- 7to 82
Fine .•. ••• ... None. None.

Total import since Li eptomber 1, 22,649ba- Its.
1848. 1847.
Export from Sept. 1 to Sept. 26 11,656 ... 18,589 bales.
since Sept. 1 ... 43,717 ... 42,102 „
Grain—The market for wheat has continued quit.
dull, and prices sre again a little lower, white GVDCbSCO
selling at 1 doll 28c to 1 doll 36c ; Ohio, 1 doll Ile to
1 doll 22/c. Northern rye reccded lc, but rallied and
closed at some advance, 69c to 69-c being obt,ined.
Barley continues very scarce and wanted; a quantity
brought 78c for malting. Oats have advanced, the sup-
ply being confined to canal, and sales made at 34An to
35ic. Corn was dull and declining; Western at 6tle to
63c; white Southern, 641 c; yellow, 71c; New Orhaos,
624 c to 63c. The Acadia's advices gave consideiablo

!,ONDON,

4 activity to the rearltut and an advance of ;-3c to 5e has
been established, closing tolerably firm, with a good de-
! wand. Sales of black-ey ed peas have been made at
' 4011 Vic per bag of two bushels. The receipts
'-^n this year are— wheat, 424,759; corn,
106 bushels. Export from let to
—Corn, 814,218 ; wheat,

the
1,308,111; rye, 2b„,_
26th of September, 1848:-
82,242; oats, 4,290 bushels. .
Flour and Meal—At the opening on M.o,'`laY) owing
to the unfavourable telegraphic advices from Liverpr". 4
reduction of 61c to 12ic was submitted to, but eubst''
quently this decline was recovered. Yesterday prices
again receded to the lowest point on Monday, and 10,000
brls were taken for shipment at 5 dolls 564 c to 5 dolls -,3e.
Sour 5 dolls to 5 dulls 12lc; scratched, 5 dolls 25c. to 5
dolls 3lic ; common state and mixed western, 5 dolls 500
to 5 dolls 564 c; straight and good brands of both, 5 dolls
561 c to 5 dolls 621 c; pure Genessee, 5 dolls 62e; fancy,
w 5
hdoollelss7hsoew;ina,rnda erexdtruac,tio6nof
dolls to 6 dolls 371 c; the
12ie to 184 c. closing hea-
vily. Ry e flour is dull, and 12ic lower; the s.ileg
yesterday were at 3 dolls 87ic to 4 dolls. Corn meal,
owing to the moderate supply, maintains its firm-
ness; Jersey at 3 dolls 18ic to 3 dolls 25c, the former
afloat.

Provisions—Ohio pork has remained firm since our
last at 10 dolls and 13 dolls for prime and mess, but the
sales have been unimportant. 100 barrels superior
clear sold at 14 dolls 25c; some soft clear, 12 dolls 75c;
100 barrels rusty mess, 11 dolls 75c; and sour prime,
8 dolls 75c. Beef, though in small supply, owing to the
near approach of the packing season, is depressed.
180 barrels new beef hams, the first received, sold, part
at 14 dolls 29c, the residue on private terms. Ohio
lard has been inactive for a few days past, owing chiefly
to the firmness of holders. Butter and cheese are in
good demand; of the latter some 3,000 boxes Ohio and
this state have been sold at 64c to 7c.
Ashes—Pots, owing to their scarcity, continue to be
offered very sparingly at 6 dolls, and in some instances
we believe higher rates have been paid. Of pearl 150
barrels have changed hands at 6 dolls 12ic to 6 dolls 25c,
closing at the former price.
Rice—There continues a fair demand, principally for
home use, and the market retains its firmness. The
sales are 250 tierces at 375 c dolls to 4 dolls cash, in-
cluding 50 tierces of the new crop, the first received.
Tobacco—The market is steady with a fair demand.
Wool—We have no sales of foreign to notice this
week. Small sales of domestic fleeces at 24c to 26c. The
stock is light, and there is but little coming in.
Freights—To Liverpool, wheat at 8d in bags. Mode.
rate engagements of corn at 7id in bags, and 8d in bulk.
Cotton 7-32 d. 8,000 to 10,000 barrels of flour, mostly
at 2s 3d, but embracing 1,500 yesterday at 2s 6d. 1,500
barrels of turpentine, 2s 6d, and heavy goods, 25s to 30s.
To London, turpentine was taken at 3s and 3s 6d for
North County and Wilmington. 1,000 barrels flour 3s,
and lard, cheese, and other heavy goods, 32s 6d to 355.
To Glasgow, flour at 2s 6elper barrel.
Exchange—The business in foreign for the steamer
today has not been large. We quote bills on London
9to 93: per cent. premium, though many bills of less
known firms have been sold at much lower rates than
our lowest quotations. Paris, 5f 25c, 60 days' bi 11,,;
Amsterdam, 40 to 40k; Antwerp, 40; liamburgh, 351
to 36; and Bremen, 79c.

List of Passengers—Mr. and Mrs. Andreae, child, and

servant ; Mr. and Mrs. Banvarrd,
Hainei, Mrs. Colonel Calder, Miss Calder, Miss Nye,
Mr. S. B. Hunt, lady, two children, and servant ; Mr.
Babcock and lady, Mr. J, H. Demming, Mr. W. Ha-
man, Mr. George Chrust, Mr. Elias Watson, Mr. Joseph
Stuart, Mr. William Lattitner, Mr. William Gilchrist,
Mr. William Robertson, Mr. Rosenfeld, Mr. Hastedt,
Mr. Genth, Mr. Moses Holmes, Mr. W. E. Quentell,
Mr. W. H• Livingston, Mr. W. Crowther, Mr. W. R.

Palmer, Mr. Ely, Mr. W. S. Lewis, Mr. Buckley, Mr.
C. Homan, Mr. Powell, Mr. Zigomald, Mr. C. D. Nye,
Mr. Gonnet, Mr. Moriquant, Mr. Murray, Master J,din
Russell, Mr. Gilmoare, Mr. Kulen, Mr. E. Escuffier, Mr.
Beciret, Mr. J. P. Smith, Mr. Milford, Sir R. Armstrong
and servant, Major Moore, Mr. Curran, Mr. Samul
Lover, Mr. Milliken, Mr. Lynd. Mr. Schott, Mr. 11. J.
Butterfield, Mr. L. Bailey, Mr. M'Kenzie, Mr. Paul, Mr.
H. E. Eggers, Mr. J. C. Martin, Mr. W. Day, Mr. Mil-
ner, Mr. J. Curtis, Mr. Logel, Mr. Mellis, Mr. Spencer
West, Colonel Calder, Mr. Alexander Brown and child,
Mr. Begowin, Mr. James Moore, Mr. Blanc, Mr. 'l'. F.
. . _ _

Smith, -Mr. Emanuel, Mr. W. Gibson, M. Chateaneuf,
M. Balard, Captain John Whiteside, Mr. Dawson, Mr.
and Mrs. Naisraith and child, Miss Wilcox, Mr. Henry
Stevens, jun., Mr. John Munroe, Mr. M. S. Longee, Mr.
J. Eustice, Mr. E. C. Gowdin, Mr. E. D. Mugford.
From Halifax—Mrs. Wilkins, Mrs. Sturge, two children,
and servant, Miss Leishman.