The Sun.
London, England, 1846-12-17 00:00:00

COMMERCIAL INTELLIGENCE.
(From the New York Courier and Enquirer.)
NEW YORK, MONDAY, Nov. 30.—There seems reason
to anticipate that, in order to more revenue, the Presi-
dent's message will recommend that duties be imposed
on some articles now free, and especially on tea and
coffee, and that said duties be laid avowedly as war
duties, and to cease with the occasion that calls for
them.

More money must be had—and, when the whole case
is known to the country, can be had—for there is no
want of confidence in the security, but only an unwilling-
ness among capitalists to go blindfolded into loans,
without knowing what the extent of them will be.
The condition of the country at large is exceedingly
prosperous. The great demand for, and sales at high
prices of, so much of its agricultural surplus adds greatly
to the means of the people, and with ordinary skill in
the management of the treasury, these means can be
made available to the public service.
The cold weather of the last week has partially closed
the canals, but not yet the river, so that all the stock
accumulated at Albany will reach the seaboard speedily,
and that not yet sent forward will be hastened along from
the western part of the state by the railroad that tra-
verses it, and find its way to ships by the river, while
that remains open, and then by the Western Railroad to
Boston.

Oar latest dates from England are those by the
Acadia, of the I 1 th instant, and, as stated in our re-
ma:ks in the paper of the 26th by the Great Western,
which took her departure on that day, the effect of the
advtces then received was to depress all prices. They
are still drooping.
Cotton has declined since the 15th instant id. per lb.
—freight meanwhile to Liverpool has advanced id., and
exchange has declined 1 per cent. ; orders, therefore,
cannot be executed on better terms. The market closes
with-ut animation—the daily sales averaging about
1.000 bales chiefly fur England, the Mediterranean, and
the North of Europe. For the week ending Friday,
27th instant, the transactions amounted to 8,000 bales,
and on Saturday, 1,100 bales were sold at the annexed
quotations :

Ordinary. Middling. Fair. Good fair.

New Orleans and

Mobile .... Sit° i... 9 to 91...10i to *. .11 to 114
Florida & Uplands 81 9 9i to 10... 111

The qualify of the new crop received from Savannah
and Charleston averages " middling fair," and the staple
is very superior; from Mobile and New Orleans we have
not received sufficient to give a decided opini,s.:i ; but the
first receipts (if a fair criterion) indicate a falling off as
compared with last season, being generally leafy and
tender in staple.

• Crop—Oa this tibject no new facts have been pre•
sentcd to auinorise any change in previous estimates ;
opil,ions still vary, from 1,800,000 to 2,000,000 bales,
the majority inclining to the latter quantity. It would
require but few figures to prove that a crop of even
2,100,000 bales wluld cause, within twelve months, a
further reduction in the stook held abroad, provided
that the consumption progressed in the ratio of the past
season ; but the high prim of bread stuffs is at preseut
adverse to such a result, and the event of this season's
operations, therefore, depends rather upon the price of
provisions in Great Britain and France (as affecting the
home trade) during the coming winter, than upon a nu-
merical difference of 100,000 to 200,000 bales in the
extent of the cotton crop.
Until, therefore, later and more reliable advices are
received upon this subject, buyers will act with great
caution, however well satisfied they may be of the cor-
rectness of their estimates.

From the New York Price Current of the 28th inst.
we learn that the total receipts since the Ist of Septem-
ber amount to 268,950 bales, against 363,962 last year.
Deficiency, 95,012 bales.

Deficiency.
Exported to Great Britain 42,261 vs. 130,564 88,303
France 32,320 „ 39,221 6,901
Stock in all ports 210,519 , 212,756 2,237
The stock of American cotton in Liverpool (at the last
date 389,000) will not vary materially from 260,000
bales on the Ist of January next, allowing that the total
export from the United States, to date, as annexed,
42,261 bales, should all be received by that period, and
the outgoings for consumption, meantime, be diminished
20 per cent.

The price of flour and grain, which were a shade higher
during the cold weather of la,t week, are flat again to-
day, under the intelligence just received by telegraph
from Albany, that the boats on the canal were again in
motion. Best brands of Genesee flour may be qoted at
5 Fells. to 5i dolls.; Indian corn, 60c. to 65c.; wheat,
106 to 115.

Exchange on Europe is about at the quotations per
I,st steamer-6i is the top price for sterling bills, and
nacre are sold under than at that price.

NEW YORK MARKETS.
MONDAY, 1 P.M.
The sales at the Stock Exchange this morning were
!imited—the market was rather heavy. Foreign ex-
change was in moderate demand at Saturday's rates.
Cotton—The sales reach 800 bales at our last quota-
uoris.

Flour—All descriptions are dull; Genesee is held at
5 37ic., whilst the highest offers are 5$ 25c. Mi-
chigan, &e., may be quoted at 5$ 121 c. to 5$ 25c.,
from The wharf. Southern flour is held at 5$ 25c. to
5$ 37ic.