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

AMERICA.

satisfachry to learn that the postal arrange-
ment b,,tweEn the United Statf..,s and this country has
been satistectorily ::tijuitd, We take from a New
York paper the following, :
" We stated on Thursday last that an international-
postafro treaty, between the United States and :the
British Government was at the eve of completion. We
have now the p:easure of announcing the fact that it has
been completed by Air. 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 letters 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
be convey ed 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 arraneernent, 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 arrang..ments 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 understand, will
lead to the establishment, at an early day, of a weekly
line of steamers direct to New York, without stopping
at Halifax. This line 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 ; andj 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 iu 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 108'1. for best. names. On
London, 1081 to 108;70 Paris, short sight, 5f 17/0 to 4f
150 ; 60 days, 5f 25c to 5f 221 c ; Amsterdam, 40 to 401;
Ilamburgh, 351 to 351 ; Bremen, 781 to 784.
Breadstuff's—Flour—The sales reached about 5,000 to
6,000 brls, including this State Western brands, Michi-
gan this State, Oswego, &e., at 5 dolls 25c to 5 dolls
371 c, with straight and pure brands Genesee, at 5 dolls
371 c to 5 dolls 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 62/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 Americo'
vessels at 2s 6d. Corn was engaged at 8d in bulk; coin
was also engaged to Ireland, in bulk, at 9fd.
Molasses—There were sales of 400 filids tart and
sweet Cardenas at 181 c, and 250 Cuba Muscavado (a
good article) at 19/c usual time.
Provisions—Saks of about 400 bbls mess and prime
pork were made at 13 dolls, and prime at 9 dolls.—Lard
—2OO bbls sold at 74c.—Beef—Sales of 200 to 300 bbls
were made at 9 dolls 12/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 6/c.
Rice—Sales 250 casks at 3 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 24c.

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.

LATER FROM PERNAMBUCO.
LIVERPOOL, MONDAY EVENING.--By the arrival
of the Columbus, Captain Green, from Pernambuco,
w•e are in the receipt of late advices from that place.
They do not contain any intelligence of importance.
Exchange on London was quoted firm, at 231 d. to
24d. Freights were in a state of depression, and
little or no employment for vessels of any flag. Cot-
ton was in good supply, and a fair business doing, at
about 3 1.5-16 d. to 4d. per lb. The sugar market
was steady, at 12s. 4d. to 165.5 d , according to quality
and description. Both dry and salted hides in no
request.

stAILWAY SHARE MARKETS.
BRISTOL, Nov. 20.
STOCK EXCHANGE. —The sales have been confined to
Great Western Shares. Great Western, Quarters, 4:y4 dis.—
Ditto, 171. Shares, 3%.
LIVERPOOL, Nov. 20.
STOCK EXGRANGE.—The share market has been firm
to-day, and prices have a tendency upward; a good business
has been done at the quotations. The sales are —Birken-
head, Lancashire, and Cheshire Junction, 31/. Shares,
c. dis.—Caledonian, Preference, % dis.—Great Northern,
131/8 dis. Lancashire and Yorkshire, 10/. Shares, Preference.
p.—London and North- Western, 115 tX,—Ditto, Quarters,
Bs. 9d. p.—Ditto, Quarters (A and B), p.—Ditto, Quar-
ters (C). 335. 9d. c. p.—Manchester, Sheffield, and Liacoln-
shire, Eighths, 7 dia.—Midland Stock, 80—Ditto, New
Halves, 10% dis.—North British, Quarters, 31/4 ex int.—
Shrewsbury, Oswestry, and Cnister, 91/8 dis. —South-
Eastern and Dover, No. 4, Thirds, 6,h c. dis.—York, New-
castle, and Berwick (U. N. E. Purchase), 11. 6s. 3d. dis.-
-York and North Midland, Preference, 1% dis.—Dublin and
Belfast Junction. 32 dis.