The Sun.
London, England, 1848-02-28 00:00:00

S N 7 FEBRUARY 28, 1848.

AMERICAN NEWS.

LIVERPOOL, SATURDAY MORNING.
By the royal mail steam-ship Acadia, Captain
Stone, we have advices from New York to the 11th,
Boston to the 12th, and Halifax to the 15th inst., re-
spectively.
The Acadia has brought about 9,0001. in specie on
freight.

The steam-ship Hibernia and the screw steam-ship
Sarah Sands had arrived out.

Our political advises by this arrival are totally de-
void of interest. In Congress the Ten Regiments Bill
was still undecided. A resolution for providing a
portion of the expenditure called for by the war by
direct taxation was rejected.
The proposed loan had been reduced from eighteen
and a half to sixteen million of dollars.

Our Mexican advices are unchanged. The rumours
of peace had received no official confirmation. Our
dates from the city of Mexico are to the 13th ult., at
which time Mr. Trist was still there, waiting, it is
probable, until the Mexican Congress sitting at
Queretaro should come to some definite result as to
the recent negotiations. •
It was rumoured that a body of 10,000 Mexican
troops, under the command of General Bustamente,
were marching upon Saltillo.
COMMERCIAL INTELLIGENCE.

NEW YORK, Fen. 11.—The last advices by the
Acadia had the effect of depressing the prices of all
our produce. The crop of the United States last
year, of which the official estimates by the Patent-
office at Washington have just been given to the
public, show an enormous produce.
The news brought by the Sarah Sands produced
very little effect upon the markets. Private accounts,
it was said, gave more favourable statements of the
prices of breadstuffs than those contained in the
English papers. While the latter left the inference of
a decline, the former represented an advance in Indian
corn and meal, while flour and cotton remained
about the same. There continued to be a good
domestic deniand for fair to good Western brands of
flour, and sales were made, chiefly for supplying
eastern orders, in separate lots, at prices about the
same as those current before the news. Sales of
Genesee wheat were made before the news on terms
stated below. Sales of corn were moderate, and on
terms which indicated no material change in prices.
Sales of rye were made on terms somewhat in favour
of buyers. Oats remained about the same. Sales of
meal were made pretty freely, without change of
moment in prices.

Ashes Sales of some 80 barrels pearls were made
at 8 dolls. 25c., and 25 barrels of pots at 5 dolls. 87ic.
to I dolls.

Breadstuffs.—Flour—Common Genesee was pretty
freely offered at 6 dolls. Before the news 100 barrels
sold at that price. Sales of about 1,000 barrels were
also made, chiefly for filling eastern orders, including
strait brands of Michigan, Genesee, &c., at 6 dolls.
Some small lots of pure Genesee were made at 6 dolls.
25c. to 6 dolls. 37i-c. Small lots of Ohio, in all about
200 barrels, were made, including fair brands, at
6 dolls. ; and fancy ditto, at 6 dolls. 50c. Wheat—
Sales of 3,000 bushels of Genesee were made, before
the news, at 1 doll. 33c. Corn—Sales of 2,000 bushels
of yellow were made on private terms; 3,000 ditto of
handsome yellow, at 6211 c. ; and 2,000 Northern
mixed, a little out of order, at 59c. Meal—Sales of
600 barrels of Brandywine were made at 2 dolls.
87ic. ; and 300 ditto New Jersey were reported sold
at 2 dolls. 75c. Rye—Sales were reported at 88c.;
and some 2,000 bushels of Canal oats at 50c.

Cotton—The market exhibited a dull and declining
aspect. The few sales made to-day were to manu-
facturers, and were not made under circumstances to
show the effect of the news by the Sarah Sands,
being withal inconsiderable in amount.
Provisions—Sales of 300 barrels new mess pork
were made on private terms, and 75 barrels ditto were
reported sold (it was said on rather forced terms) at
9 dolls. 50c. Dealers generally demanded 10 dolls.,
while there appeared no buyers above 9 dolls. 5c.;
6 dolls. 75c. was offered for new prime. Lard was
quiet at previous rates. There was no change in beef.
Cheese—Sales of 40,000 lbs. common Western were
made at sc. to 6c. There was no change in butter.
Rice—The market was quiet, and no sales of mo-
ment were reported.
Salt—A small sale by auction of 50 sacks Liverpool
at 1 doll. 45c.

Freights—Small engagements were made for Li.

,orrruNi 1 Cd. Ca. O.= ma..l *. 1,12 ciokcd,
and 3-16 d. for cotton. Rates to the Continent con-
tinued inactive. The ship Thomas Wright was char-
tered by the Government for Vera Cruz, to carry
out 400 soldiers and 10 officers.

1 O'CLOCK, P.M.

The sales at the Stock Exchange this morning
were to about the usual extent. State Stocks and
Government Securities were firm. Treasury notes,
99k. United States Sixes of '67, 101. Exchange on
England firm at 110 i.
• _ _ _

Cotton—Since the arrival of the Acadia the sales
have not been to sufficient extent to test the market,
which appears to be heavy at quotations.
Flour—The demand for Western Canal is confined
to the wants of the city trade and the eastern mar •
kets, for which moderate sales are made at 5 dolls.
87-ic. to 6 dolls. Prime Genesee and Southern flour
is held at 6 dolls. 12kc. to 6 dolls. 184 c.
Corn continues in fair request at 58c. to 621 c.
Ashes are firm—pots, 6 dolls., and pearls, 8 dolls.
25c. per 100.
Exchange on England is tending upwards, and
best city bills may now be quoted at from 14 to loi ;
other bills, however, equally good perhaps, but less
known, may be had at or under 10. While the rate
is under 10k, coin cannot be shipped to advantage;
but if the cotton shipments shall still be held back and
little other produce goes forward, bills will be scarce,
rates will advance, and then again shipments of coin
may recommence.
Exchanges on London, 110 to 110} ; ditto on Paris,
5.261 to 5.27}; ditto on Amsterdam, 40k to 40k;
ditto on Hamburgh, 35i to 36i; ditto on Bremen,
77 to 784.

[PRICE SD.

year ; Macon, 43,000 against 22,000 last year; Co-
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following the departure of the Cambria, the market
remained dull and inanimate, with sales of about 400
bales for the home trade, with the exception that late
on Tuesday afternoon a list of 700 bales Texas cotton
was negotiated for the Liverpool market, in expecta-
tion of an advance by the Acadia. A general feeling
of disappointment was apparent the next day on the
receipt of her intelligence, since which, up to Tuesday
the Bth inst., the transactions have been of the most
limited description, exporters having withdrawn en-
featuiligllrlely from market, and the few parcels daily disposed
of, exhibited a drooping market; on that day a few
buyers appeared, and took about 3,300 bales, about
2,500 of which were for Liverpool, supposed to be on
American account, and the residue for France, nearly
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arrival of the Acadia. The next day, the market
exhibited the same flat appearance, the sales net ex-
ceeding 800 bales. The Sarah Sands arrived yester-
day with the Liverpool market to the 21st ult. The
additional decline of one-eighth by her has added to
the dulness of our market, which closed heavily, with
small sales to the home trade.