The Sun.
London, England, 1848-12-29 00:00:00

COMMERCIAL INTELLIGENCE.

NEW YORK, DEC. 12.—The general condition of busi-
ness is sound and easy, owing to the continued fall in
foreign exchanges. The money market has assumed
firmness and confidence. The banks are strong in coin,
notwithstanding the large export of the past six or eight
months—an export of which the influence upon the
currency have been greatly diminished, as we have
before taken occasion to say, by the constant, silent, and
unrecorded flow of coin into the country through the
tens of thousands of immigrants arriving.
Much of the active business of the year, too, is neces-
sarily brought to s stand in %inter, and engagements
being lighter the demand for money is less. The weather
continues unusually mild, and no interruption has oc-
curred in interior navigation. The canal commissioners
of this state, in order to enable the contractors to prose-
cute the work of enlarging, caused the water to be
drawn off from them on Saturday last, the 9th instant,
but the river navigation continues in full.
For bills on London the highest rate obtained is 81,
although good bills have been sold at 8 to 81.
The Treasury report is a long document, but full of
explanations for all interested in the finances of the
United State. The whole amount of the debt of the
United States is there stated at 69,130:-,,00n ,I,al.
.-.eusuLy notes, for the
quarter ending 30th of September last, at 9,000,000 dolls.
At the close of the war of IEI2, the debt of the United
States was, in 1816, 127,000,000 dolls., the whole of
which was paid off and extinguished by 1836; that is to
say a period of twenty years. Our population, wealth,
and resources of all kinds have greatly increased since
that period, so that the debt now existing, mostly en-
tailed by the war with Mexico, will hardly be felt as a
burden, and will certainly be extinguished as the stook
matures. None of it runs beyond 1868.
There was deposited in the Mechanics' Bank to-day
401 b. of gold, just received from California; and the
agents of the line of steamers between this port and San
Francisco say, that a large amount is now on the way to
this city. The quantity deposited in the Mint by the
Government has been pronounced genuine, and there is
not the slightest doubt but that we shall soon have large
quantities of coin, made from California gold, in circus
lation.

SALES AT THE STOCK-EXCHANGE.
500 dolls. Treasury 6's ... 107 100
10,000 „ ~ ••• b 3 107 50
5,000 „ ~ ... b6O 108 50
5,000 „ 17 ••• b 3 107 125
25,000 „ 22 ••• b9O 1081 50
50,000 „ 2, ••• b9O 108 50
16,000 „ ~ .„ ... 107 25
10,000 „ ~ ••• h9O 1084 50
2,000 „ 22 ••• b 3 108 50
20,000 „ 29 ••• 53 1071 60
25,000 „ 22 ..• b9O 1085 100
2,000 „ U. S. 6's '62 ... 107 100
4,000 „ U. S. 6's '67 ... 107 A 250
5,000 „ N. York s's... loci 100
5,000 „ Ohio 6's '6O 545 ... 104 100
10,000 „ Ohio 6's 70. s 12m ... 102 400
1,000 „ Ohio 7's ... ... 1014 150
4,000 „ Kentucky 15y Bds ... 101 f 100
3,000 „ Illinois Int Imp ... 38 200
10,000 „ Illinois fund s6O ... 46 50

Cotton—Since the news per Britannia the market has
regained the le. previously lost, to that we may now
quote fair Uplands and strict middling Orleans at 64. c.
The transactions have been extensive, and the market
is firm.

The general estirrate of the crop, or at least the esti-
mate of those who are operating in it, is probably nearer
2,400,000 than 2,500,000 bales.
Exports and receipts of cotton at the ports-so far this
season, and to the corresponding time in former sea-
sons (in 1,000 bales).
' Great Britain. France. Other. Total. Rticeipta.
1848 ... 263 54 53 ... 370 599 •
1847 ... 119 74 42 ... 235 383-
1846 ... 88 49 24 ... 161 441
1845 ... 217 61 28 ... '306 498
1844 ... 188 77. -eu &tne abonse"table..
Great Britain. France. Other. Total. Receiptf.
1848 ... 32 3 3 ... 38 72,
1847 ... 10 6 8 ... 24 45
1846 ... 24 3 2 ... 29 64
1845 ... 15 6 4 ... 25 37
1844 ... 32 9 8 ... 49 75
1848. 1847. 1846. 1845. 1844.

Stocks remaining in
the ports 2BO 255 290 212 283
At Augusta and
liamburgh on Ist
Dec. 1848, re-
ceived sinco Ist
September
Stock Ist Dec.
Flour remains without change either in demand or
rates-5 dolls. 25c. to 5 dolls. 311 c. are the ruling rates
for common to good brands, and a dolls. 50c. for prime
Genessee. Southern flour is dull at 5 dolls. 37c. to
5 dolls. 50e. Corn meal 2 dolls. 94c. to 3 dolls. Rye
flour, 3 dolls. 12 1-3 dolls. to 3 dolls. 25c. Corn is in
moderate request—old yellow brings 70c. ; now corn,
58c. to 60c., and old mixed 64c. to 65c, ; oats, 33c. to 35c.
Freights—Engagcmsnts have been made for flour to
Liverpool at 2s. ; corn, 7d. There is considerable
demand for vessels for California, and several have been
taken up at 2 dolls. 55c. to 3 dolls. 50c. per barrel, and
60c. per foot measurement goods.
DEC. B.—Cotton—Steady, sales 5,000 bales ; flour
dull, corn brisk, sales 20,000 bushels ; mess pork,
10 dolls, 20c. ; sugar declining.

TIIE REGISTRATION.—RATES AND TAXES.—On
Monday next (January the Ist) the new Act passed in
the last session (11 and 12 Viet., c. 90), to regulate the
time of payment of rates and taxes by Parliamentary
electors will take effect. It is providel that after the
Ist day of January, 1849, no person shall be required,
in ord4 r to entitle him to have his name inserted in any
list of voters for any city, town, or borough in England,
to have paid any poor-rates or assessed taxes, except
such as shall have become payable from him previous to
the sth day of January, and that no person shall be
entitled to bo on such list of voters unless the poor-rates
and assessed taxes payable from him previously to the
sth day of January shall be paid on or before the 2(th
day of July following.
An American paper estimates the value of the
cigars daily smoked in New York at 10,000 dollars.