The Sun.
London, England, 1848-11-21 00:00:00

AMERICA.

It is satisfactory to learn that the postal arrange
ment between the United States and this country has
been satisfactorily adjusted. We take from a New
York paper the following :
" We stated on Thursday last that an international-
postage treaty, between the United States and the
British Government was at the eve of completion. We
have now the pleasure of announcing the fact that it has
been completed by Mr. Bancroft, U. S. Minister at the
Court of St. James, in accordance with instructions from
Mr. Johnson, the Postmaster-General. We have not
yet received an official copy, but the terms, we learn, are
substantially as follows:--
" 1. Entire reciprocity between the two Governments
in the transmission of liters by their respective
steamers.

"2. The rates of postage to be uniform for American
and English steamers.

3. The British Colonial mail to be conveyed through
the United States and by the American as well as the
English steamers.
"4. American mails for Europe, Asia, and Africa, to
he conveyed by the British as well as the American
steamers.

"The rates of postage will probably not exceed
twenty-five cents on each letter from the United States,
or one shilling sterling on letters forwarded from the
United Kingdom. By this arrangement, a letter mailed
in any part of Great Britain or Ireland, and a shilling
paid upon it there, will be delivered in the United States
without charge to the person to whom it is directed. So
with a letter sent from the United States; by the pay-
ment of twenty-five cents here, it will be delivered free
of charge in any part of England, Ireland, or Scotland.
These, we believe, are the rates established by the treaty,
although we are unable to speak positively, not having
received an official copy of the treaty.
" These arrangements cannot but prove highly satis
factory to the people of both countries. They will be
hailed with universal satisfaction. The rates, it is true,
are higher than they ought to be, but they will, no
doubt, be reduced as correspondence and facilities of
communication increase.

" In addition to the satisfactory adjustment of the
postage question, this arrangement, we under-Stand, will
lead to the establishment, at an early day, of a weekly
line of steamers direct to New York, without stopping
at Halifax. Tbis lice is to consist of American and
British mail-steamers. Although not yet decided upon,
it is in contemplation, we understand, to run only a
semi-monthly line to Halifax and Boston ; and it is
more than probable that the Halifax and Boston route
will be abandoned altogether. We shall probably re-
ceive an official copy of the treaty in a few days, from
Washington."

The intelligence from Mexico is not important.
Political affairs seemed to remain in a position similar
to that last reported.

COMMERCIAL INTELLIGENCE.

NEW YORK, NOV. 7.—Money Market.—The market
for sterling bills is firm at 1084, fur best names. On
London, 1084 to 108,i; Paris, short sight, 5f 171 c to 4f
15c ; 60 days, 5f 25c to 5f 221 c ; Amsterdam, 40 to 401;
Hamburgh, 35e to 351 ; Bremen, 781 to 784.
Breadstuffs—Flour—The sales reached about 5,000 to
6,000 brls, including this State Western brands, Michi-
gan this State, Oswego &c., at 5 dolls 25c to 5 dolls
37*c, with straight and pure brands Genesee, at 5 dolls
37c to 5 dulls 44c. There was no change in Ohio or
in Southern. Wheat—Sales of 18,000 bshls. Ohio made
at 1 dol 11c; and 2,000 to 3,000 ditto common Chicago,
slightly under 1 doll. Corn—The sales reached about
30,000 to 40,000 bshls, including chiefly common mixed,
at 621 c to 67c. The latter figure was also paid for some
lots high mixed. Several lots round yellow were sold at
'73c. Meal was firm, at 3 dolls. 25c. Rye—Sales of 5,000
to 6,000 bshls were made at 661 c in the slip to 67c deli-
vered. No change in oats.
Cotton—The market was slimly attended to-day. The
sales reported at 800 bales.
Freights-7,000 to 8,000 bbls flour were engaged for
Liverpool in a British vessel at Is, and in American
vessels at 2s 6d. Corn was engaged at 8,1 in bulk; coin
was also engaged to Ireland, in bulk, at 91d.
Molasses--There were sales of 400 hhds tart and
sweet Cardenas at lE*, and 250 Cuba Muscavado (a
good article) at 191 c usual time.
Provisions—Sales of about 400 bbls mess and prime
pork were made at 13 dolls, and prime at 9 dolls.---Lard
—2OO bbls sold at 7fc.—Beef—Sales of 200 to 300 bbls
were made at 9 dolls 121 c to 9 dolls 371 c for mess, and
5 dolls 25c for prime.—Cheese—Sales of 3,000 boxes
were made for export at 6fc.
Rice—Sales 250 casks at 8 dolls 621 c to 3 dolls 75c
per 1001bs.
Spices—A cargo consisting of 1,800 bags Jamaica Pi-
mento was sold at 6c cash, short price.
Tallow—We notice sales 12,0001bs prime tallow at 9c.
Wine-300 baskets champagne were disposed of at
private bargain.
Whisky—Sales of 200 bbls. State Prison were made
at 240.

Freights—Flour and grain not active, and 71 for grain
and 2s 3d for flour are the current rates.
Ashes—Sales of 75 to 100 bbls both sorts were made
at 6 dolls 25c.