The Sun.
London, England, 1848-11-14 00:00:00

AMERICAN NEWS.

ARRIVAL OF THE NIAGARA.
LIVERPOOL, MONDAY NIGHT.

The British and North American Royal Mail
steam-ship Niagara, Captain Ryrie, has just arrived.
She left Boston on the Ist, and Halifax on the 3d
inst., with mails from the United States and Canada.
Her intelligence is seven days later than that
brought by the Britannia, and which was published
in our yesterday's impression. She brings 90 pas-
sengers, but no specie.
The Hibernia, which left this port on the following
Saturday (21st ult.) for Halifax and Boston, arrived
at Halifax on the Ist November.
The United States had arrived on the 26th ult.,
and the Sarah Sands on the 28th, after a passage of
seventeen and a half days.
By this arrival we have ad vices from Boston and
New York, of the Ist; Baltimore and Philadelphia,
of the 31st ult.; Charleston and New Orleans, of the
30th ; Montreal and Quebec, of the 29th ult. , and
Halifiax, of the 3d instant.

The condition of business affairs in New York was
not quite so favourable as at the last account.
Money was decidedly more difficult to obtain. Ex-
change on London stood at 108 k to 1081 ; on Paris,
5 '25, with a poor inquiry ; on Hamburgb, 35i to
35i; on Bremen, 78 to 781.

The depression in the Grain Market continued, and
a further decline had taken place. Quotations are as
follows :—Genesee prime wheat, 124 to 126 ; Indian
flat yellow corn at 69 ; Southern white Indian corn,
64 to 66 ; Indian meal per barrel, 3 dolls. 25c. to
3 dolls. 37ie.

A further fall in the price of cotton had taken place
at New York. The market was still in the depressed
condition before reported, and very few transactions
had taken place. Prices : New Orleans and Mobile
cotton, middling fair, 61 to 6s; Uplands middling
fair to fair, 6i to 61, showing a fall of cent.
Freights remained unchanged at the steamer's de-
parture, the asking rates being 2s. 3d. to 2s. 6d.
Freights of grain, TO. to Bd. Cotton, kc. to 3-16 c.,
F.C.L.S. bales, kc. to ic., F.C.H.
From Mexico the news is still unfavourable. The
Government, however, continues to defeat the revolu-
tionists. In Tampico they have pronounced in favour
of annexation to America.

LAUNCII OF A STEAM SElP.—Yesterday an iron
steamer of about 600 tons burden, built for the Emperor
of Russia, and destined by his Imperial Majesty to pro-
mote and protect the commerce of the Black Sea, was
launched from the yard of those eminent engineers
Messrs. Robinson and Russell, at Mil!wall. The Ta-
man, which is the name given to the vessel, is 175 feet
long, 26 feet in the beam, and 14 feet 7 inches depth of
hold. The hull is constructed on lines laid down by Mr.
Ditchburn, and for strength of construction, smoothness
of finish, and perfect ex k cadon, seems well calculated to
a:airy:sin the superior cliaraqter of Thatnes-built vessels.
As the flood-tide arrived at its height the dog-shores
were knocked away, and her name haring been pro-
nounced, while a bottle of wine was sacrificed at ber
bows, she glided smoothly into her future element, amid
the cheers of a numerous body of gentlemen—many of
them connected with the Rusian and other embassies—
who were assembled to do honour to the occasion. The
vessel was immediately towed to Greenwich, where she
will be fitted with a pair of 90 .horse power engines, by
the Messrs. Penn.

Lieutenant Munro, late of the Blues, who suffered
twelve month:' imprisonment for the fatal duel with
Lieutenant-Colonel Fawcett, of the 55th Regiment, is to
be appointed riding master of the 7th Hussars.