The Sun.
London, England, 1848-10-03 00:00:00

- - -
Freights—Ow ing to the prices of cotton continuing
too high to give inducement to shippers to engage ton-
nage, the rates of freight have been, and are still, very
low. 21 10s may be considered the rate for Great
Britain, and rupees 63- to GI for China. There is
scarcely any prospect of au improvement taking
place in the rates of freight, as tonnage is superabun-
dant.

MONEY MARKET.—Money remains very easy, and
interest low. Exchange has slightly advanced since
last mail for Baring's bills, vvhi:•ll have sold during
the month at is 9/11 to id. Document bills have
been sold at is 9id and is 911, but there are not
many shipment to be drawn against. The banks still
keep their rate at six months' sight at is 9d; but
there is not any great demand at their rates, except
for small sums. Owing to the prevailing low rates of
exchange about 7} lakhs of specie have been shipped
to England.
BANK SHARES.—The Bank of Bombay shares may
be quoted at 32} per cent premium, at which figure,
however, few are to be had. Oriental Bank shares
have advanced to 93 per cent, or 7 per cent discount,
and few sellers. Commercial Bank shares at 85 or 15
per cent discount. Agra Bank shares have been quoted
at 19 to 20 per cent premium.
Government Securities: remain much the same as
they were last month, and may now be quoted :
Five per Cent. Company's, 991 at par; Five per Cent.
Sicca's, 104 Co.'s rs ; Four per Cent. Sicca's, 89 Co.'s
rs. ; Four per Cent. Company's, 851.
ORIENTAL BANK—RATES OF EXCHANGE.

Draughts on London at 6 months' sight, above
50/.
Ditto at 3 month's sight, above 201.
_ _

1 9

Ditto at 1 month's sight, atiove 201.
Ditto at 1 day's sight, above 51. ..
Circular notes payable throughout Europe, and
Draughts on Ireland and Scotland at 1 day's
sight ... .... 1 8
Rates of Interest Allowed.---On current accounts,
subject to a commission of per cent; 5 per cent. ;
ditto, without commission, 2} ; deposit notes repay-
able on one month's notice, 3 ; ditto, ditto, three
months'ditto, 4 ; ditto, ditto, six months' ditto 5.
Rates of Interest and Discount Charged—On cash
credits on securities, 8 per cent. ; on loans govern-
ment securities, 6 ; on private bills without rebate,
not exceeding 2 months, 7; ditto ditto, 3 months,
7 ; ditto ditto, 4 months, 8 ; commission on purchase
and sales of securities,
CALCUTTA, AUG. 16.—Exports—Sugar continues
in demand. Silk is in no better inquiry. Saltpetre
is in fair request. Rice, for England but little is
doing. Oilseeds are taken freely. Jute unobtainable.
Opium—A remarkable change took place in the
price of this drug, at the sale of the 9th inst. Patna
(Ist lots) sold at 1,175 to 1,045 rupees. The value
has since lowered to 1,030, and yesterday came up to
1,070 per chest.
Indigo—Accounts from the districts continue fa-
vourable.

... 1 8a
.. 1 8,1
... 1 8

Imports—Cotton—Manchester manufacture brisk,
particularly for bleached, leading staples. Glasgow
fabrics sell at lbw prices and little inquiry. Mule
twist dull.

Metals—Copper, brisk. Sheathing has risen 2rs
per maund. Spelter is gradually on the rise. Arri-
vals of imports have been large, and a change is pos-
sible to disadvantage.
The money market continues to show progressive
ease. First-class bills, ls 9id at 6 months' sight.
Freights are well sustained. Sugar to Liverpool,
31 15s to 4/ to London, 4/ to 4/ 15s per ton, by first
class vessels.

AMERICAN NEWS.

ARRIVAL OF THE HIBERNIA.

LIVERPOOL, , MONDAY.
By the arrival of the. Royal mail ,steam-ship
Hi-
bernia,, Captain Shannon, which has just entered the
harbour, we have, received later intelligence from
Mexico, Canada, and the United States.
The Hibernia brings 28 passengers, the weekly
mails from the United States, and from all the British
American provinces. She sailed from Boston on the
20th ult.,•and from Halifax on the 22d, where she
called and stopped some hours to land and receive the
mails and passengers.
The ship reports brought over by the Hibernia
inform us that the steam-ship Europa, Captain Lott,
which sailed from Liverpool on the 2d of September,
fromwh aa dr a a
port
ornri vtreetdco
oartd
port,N hei
enwc
beinglYu do
irnksioit
thnt
callthen o raen
and
than
detentionmorning
at
yah
at
Halifax.
14th, thus making one of the quickest runs west-
Halifax.

The steam-ship Acadia, Captain Stone, which fol-
lowed the Europa, carrying out the mails of the 9th
of September, had arrived at Halifax, and was on her
way to Boston before the Hibernia, sailed from the
former of these ports.
The dates of the papers brought by the Hibernia
are—Boston, Sept. 20; Baltimore, Sept. 18; Char-
leston, Sept. 15 ; Mobile, Sept. 13 ; New York,
Sept. 19 ; New Orleans, Sept. 13 ; Montreal, Sept.
15 ; Quebec, Sept. 14 ; and Halifax, Sept. 22.
The political intelligence continues to be dull, in-
sipid,_ and, in most respects, quite uninteresting to
EurOpean readers.

In the, United States the only political topic
thought of was the Presidential election. The
struggle will be fierce, although the respective friends
of all the candidates appear sanguine of success. As
the day for taking the sense of the people upon the
question draws near, fresh vigour is brought to the
contest., The run will be between Taylor and
Cass:

The great enthusiasm which manifested itself some
weeks ago at New York, in favour of the-Irish rebel-
lion has died away. The intelligence taken out by
the Europa, as well as that by the two preceding
steamers, had quite unhinged these enthusiastic
" meddlers." Lord Clarendon's policy not only
amazed them, but actually brought terror to the
hearts of the would-be invaders of Irish soil. The
meetings to spout revolution in a foreign land, and
encourage the subjects of Queen Victoria to throw
off their allegiance on the pretence of misgovernment
has been given up, and either from a conviction that
the cause was hopeless, or a disgust of the leaders of
the Irish rebels, their cause seemed as much despised
as it was heretofore espoused.
The most benevolent exertions were making at New.
York and other large cities throughout the Union, to
aid the sufferers by the disastrous conflagration at
Brooklynn. Large sums of money were collecting
for that purpose.
Our Mexican advices by this arrival do not con-
tain any intelligence of moment. Paredes, the out-
lawed chieftain, appears to be still at large, notwith-
standing .the vigorous search which had been made
to capture him. He is, however, quite powerless,
and, as a last resort, is reported to be endeavouring to
seduce the Red Indians to his cause,' in the hope of
being again in 'a position to give, further battle to
Bustamente, and, if possible, marching on to the city
of Metija ovirthrowing the Government of
Harem. r

In some of the New Orleans papers brought by
the Hibernia, we find some extracts from the Mexican
journals, which speak in a very approving manner of
lierera and 'his Administration. It appears that
having settled the dispdte with the United States, he
has turned his attention to the best mode of developing
the resources of the country, and improving the
social condition and character of the Mexican people.
A.n extensive plan of immigration has been brought
before the Congress, which, if passed into a law, will
lead to good results.
The intelligence from the British American pro-
vinces are of little moment.

At Montreal, rumours of the retirement of Lord
Elgin still prevailed. The alleged cause was said to
be the ill health of Lady Elgin. The political oppo-
pents of his• Lordship ascribe his resignation to the
unsuccessful results of his administration.

At Halifax 'there was not any event worthy of

notice.

COMMERCIAL INTELLIGENCE.
Business affairs at New. York continued in much
the same state as at the sailing of the previous
isteamer ; there was, perhaps, a slightly-increased de.