The Sun.
London, England, 1848-11-01 00:00:00

AMERICAN NEWS.

ARRIVAL OF THE CAMBRIA.
LIVERPOOL, TUESDAY EVENING.
The royal mail•steamer Cambria, Captain Harrison,
from Boston and Halifax, arrived here this evenii ig
with the usual mails from the United Stalks,
Canada, and Nova Scotia, and 65 passengers ; she
met the Niagara, which sailed hence on the 7th inst.,
between Halifax and Boston. The Cambria has
experienced very severe weather, which has rendez ed
her voyage a little longer than usual ; she left
Boston on the 18th, and Halifax the 20th inst., being
thirteen days and a few hours, including her calling
and stay at Halifax.
The political news is not important; the state of
Florida had returned Whig officers at the election
just concluded ; and as there is in that state a United
States Senator to be returned, it is very probable that
one of the some principles will be returned, making,
with Pennsylvania and Ohio, a gain of three Whigs
to the Senate.
The returns from these latter states had created
much surprise. Pennsylvania was for many years
past reckoned a Democrat; and although Ohio was
regarded as a Whig state, and has now probably re-
turned a Governor from the other party, yet the Legis-
latures of both go with the Whig party. The official
returns are not yet made up, but there is no doubt of
the fact, though the majority for the Whig Governorin.
Ohio is very small, not exceeding 100 votes, it is said.
On the whole, General Taylor's success appears to
be all but certain.
There is a little later news from Mexico, but it is
unimportant.
It was announced by the last steamer that Mr.
Thomas D'Arcy Magee, a relative of Mr. John
Mitchel, sub-editor of the Dublin Nation news-
paper, had effected his safe landing in America; mid
we find in the papers by this arrival a letter from him
addressed to a prominent member of the Irish Con-
federate Society of New York, in which it will be
seen that he undertakes to show the reasons of the
failure of the late Irish rebellion, which he chiefly
ascribes to the want of the sympathy and assistance
of the priesthood. The clubs had, he says, done the
work in the towns, and had the rural districts, who
are almost entirely under the influence of the priest.
hood, been swayed by them in favour of insurrection,
the work would have bean successful; but, driven
from the towns by the superior force of the Govern.
ment, the guerilla warfare, which was all they could
attempt in the country, was soon put down.
Upon commercial affairs, the New York Courier
says :
" Business is inactive, and the money market is close,
not tight, and speculation is dull. The season has been
beautiful, and whatever the earth produced has been
gathered and is gathering in fine order and abundantly.
But there iI little or no change to note in prices or in the
general state and aspect of the market since our last
week's paper. The Britannia, after an unusually long
passage, is telegraphed as below, while we are writing.
Her news will probably be up in time to enable us to
add a postscript to say what its effect is. This vessel
has been eagerly looked for, especially in relation to the
money market; and if Mr. Corcoran, who was to take
passage in her, should arrive, bringing with him a mil-
lion or so of dollars in coin, it will immediately operate
to the advantage of business generally. Even his return
without coin, but having accomplished the object of his
mission in placing a considerable amount of U. S. Six
Cents. abroad, will conduce to more ease and stability in
the money market, which governs all the others.
" Owing in part to the non•arrival of the Britannia,
the demand for sterling exchange has been moderate—
and rates declined. Bills on London at sixty days may
be quoted at from 8i to 91, without much doing. Mr.
Corcoran's negotiation, of which the effect must be to
bring a large additional amount of bills into the market
—although doubtless this amount will be spread over as
long a time as possible—will necessarily keep exchange
down at rates below the specie point, and so effectually
release the banks from the apprehension of a foreign
drain upon their vaults, in addition to the daily and con-
stantly mischievous drain of the sub-treasury.
•` U. S. Stocks and Treasury notes, and indeed all
other stocks, have
,had a downward tendency for some
days past.
" With respect to cotton, our report must be as be-
fore; larger exports, receipts, and remaining stocks of
cotton at our ports than at this period of any previous
season.
" The weather, so far as we hear, continues favourable
for the opening and picking of the new crop, and there
is a general disposition in the south to increase the esti-
mates of its probable extent.
" The receipts of bread-stuffs at tide water are swell-
ing, and it the season of navigation shall yet last some
six weeks, we shall have on hand the means of meeting,
(hiring the winter, any probable foreign demand. Ex-
ports during the past week have been inactive in this
Produce, as are most others, while our imports continue
heavy."
The market both for cotton and bread•stuffs be-
came at once inactive, when the arrival of the Bri-
tannia. became known ; and the time when the mail
was made up for this departure was too short to ascer-
tain what effect it would have on the market.
The following is the report of Monday's market :
" Exchange on England has been dull at 1013 f to 109,
and continental exchange is without demand.
"Cotton—The sales to-day amount to 500 bales.
Prices are steady, but there does not appear to be any
disposition to operate until the steamer arrives.
" Up. & Fl. Mo., N.O. & Texas
Inferio r none 5 a 54
Ordinary to good ordinary 5f a 51 5f a 5f
Middling to good middling 6 a 6i- 6 a6i
Middling fair to good fair 6f a 64 6t a 7
Fully fair to good fair 6i ait it ait
Fine none none

" Flour, &c.—Western Canal Flour is firm, with a
fair demand : sales of common brands are made at 5
dolls. 37ic. to 5 dolls. 50c. ; good brands and pure
Genesee, 5 dolls. 50c. to 5 dolls. 62ic. ; common
Southern, 5 dolls. 62 %c. Wheat is dull; sales of Genesee
were made at 1 doll. 26c. 18,000 bushels of mixed corn
sold at 66 to 69 cents ; flat yellow at 70 cents. ; round
yellow is dull. A cargo of Barley sold (in the slip) at
73 cents. Oats are in fair request at 34 to 35 cents.
" Whisky dull at 24 to 24 cents.
"Provisions were inactive to-day, without change in
prices.
"Ashes steady. Pots, 6 dolls. 18c. to 6 dolls. 25c. ;
Pearls take the same range."

COURT OF THE STANNARIES.—His Royal Highness
Prince Albert presided at a Court of Stannaries held
this day in the office of the Duchy of Cornwall,
Somerset-house. His Royal Highness arrived at
Paddington by special train via the Great Western
Railway, and a special train has been ordered to be
in readiness to convey his Royal Highness and suite
to Slough this afternoon, en route to Windsor.

SOCIETY FOR THE PROMOTION OF COLONIZATION.
—We are pleased to find from the Leeds Mercury
and Intelligencer, of the 28th instant, that this valu-
able society, through the instrumentality:of one of its
most active members of the committee, Mr. Lennox
Boyd, is shortly to hold a meeting at Leeds. Mr.
Boyd visited that town a few days since, and was
convinced that a deputation would meet with the
greatest attention ; and for Monday, the 6th of
November, the Hon. P. Scott, Lord Mandeville,
M.P., and Mr. Mark Boyd, have accepted an invi-
tation from the Mayor to attend a public meeting
to be held at the Town-hall at seven o'clock. Mr.
Logan, lately returned from the colony, is already
explaining in Leeds the objects of the society in
question, to those gentlemen who feel interested in
this all-absorbing subject of emigration to Australia.

- -
PROROGATION Or PARLIAMENT.—At a meeting of
the Privy Council, held yesterday, it was ordered that
Parliament should be further prorogued from the 2d of
November to the 19th of December.

THE SO-CALLED LIVERPOOL LlND.—Under the
flattering title of a second Lind, a young vocalist has
been noticed in the London and country papers, of which
the editors of the Liverpool Mercury take the following
notice in their paper of Tuesday last:—" An Editor
Misled and Misleading—The Sun of Thursday, under
the head of 'An Editor Puzzled,' quote,' the following
atrocious nonsense, professing to be a notice of the per-
formance of a Miss Matilda Foote Hay, as coming from
the Liverpool Mercury:—' The general feeling of the
audience was one of evident gratification and surprise.
For ourselves, all we can say (albeit in no way musieal)
is, that we wont home and dreamed that we were on the
banks of Allan Water, and have tried, four or five
times, to write a particular article, and cannot succeed
from certain buzzing sounds still ringing in our ears ;
and,. in addition to that, there is the remembrance of the
sweet, pensive expression of a face so beautiful that we
would give the world to trace its future career.' No
such trash ever appeared in our columns. If it did (we
put the contingency from an unwillingness to suppose
the thing a mere invention), it was without our know.
ledge, and we shall be very much obliged to our con
temporary if he will just favour us with the date. If he
cannot, perhaps he will be so kind as to state that w*
disclaim the soft impeachment.'—[The above was taket
from the Morning Post.—ED. Sun.]
Lord John Russell, after attending her
Majesty's
Council, returned to Pembroke Lodge, Richmond
dark.