The Sun.
London, England, 1857-10-10 00:00:00

varists (O'Donnell's party) have resolved to sup-
port any Ministry that may be constitutional." •

The Agram Gazette of the 24th ult., says :
" The inhabitants of Vas3owiz are taking up arms
to resist the Turks, but they are too weak, and
will be compelled to make their submission to the
Sultan. The Montenegrins will not be able to
come to their assistant?, as the distance from Cat-
tinge is too greaf. The Turkish authorities have
closed the commerce of Gusin to the inhabitants of
Vassowiz, so that they cannot sell their cattle to
procure bread. A new military corps has been
formed in Montenegro, to be called the Guard."

A Vienna letter in the Nuremburg Gazette
states that Baron de Hubner, Austrian ambassador
in Paris, remitted to the Emperor Napoleon, at
Chalons, an autograph letter from the Emperor
Francis Joseph, relative to the Principalities and
to the r2ciprc cal concessions which might s'Ave
that difficulty.

The Duke and Duchess of Montpensier arriverl
at Turin on the 7th. They were received at the
station by the Prince of Carignan and by Chevalier
Souza do Portugal, the Spanish Minister to the
Court of Sardinia.

The official journal of Stuttgard publishes the
'apostolic letter by which the Pope confirms the
.onvention agreed to between the Holy See and
Wurtemberg.

AMERICA.

(BY ELECTRIC TELEGRAPH.)

LIVERPOOL, SATURDAY MORNING.

The British and North American Royal Mail
steam-ship Persia, Judking, Commander, ba3 ar
rived with advices from New York to the 30th ult

She brought 2001. specie on freight.
On the Ist inst., at 10.45 a.m., lat. 40.42 N.,
long. 69.30 W., the Persia exchanged signals with
the Royal Mail steamer Arabia ; and on the 7th, a+
2.30 p.m., in lat. 50.95 N. long. 25.51 W., passed
and exchanged signals with Royal Mail steamer
Asia, hence for New York.
At New York the negotiation of mercantile piper
It bank and note-brokers' offices was extremely
light and at very irregular rates ; highest grades of
paper were discounted at 2 to 3 per cent. poi
nonth, while very good endorsed notes change l
hands at 5 to 6 per cent., and even at more exorbi-
tant figures under pemliar circumstances.

On the 29th a conference of the leading bank
officers was held, which resulted in a resolution to
recommend an immediate increase of loans and
discounts to the extent of 3 per cent.
The Exchange market, both foreign and domestic,
was very much deranged ; it was difficult to sell
sterling, especially produce bills, some of which
were disposed of at 100, while bankers' brought
105 b

The New York Courier and Inquirer of the 30t1,
says:—

"Thus far the suspension extends to the Banks of
Philadelphia, Lancaster, Pittsburg (the Bank of Pitts
burg only excepted), Baltimore, Cumberland, Norfolk,
Wheeling,and Wilmington, N.C., and the interior town
;enerally of those States, Providence, and all the provin-
;ial banks. It ba nb•Aerved that the suspension ha
-,een earliest in those places having a redundant bank
circulation. This is the weak point in American bank
,ng, and one on which banks throughout the country
;enerally fad. At Ne►v Orleans and St. Louis, whets
legislation provides for an enlarged specie basis, their
banks will not come into the measure of suspen-
sion. New Orleans bas 6,000,000 in specie again-t
circulation of 8,000,000;. St. Louis bas 3,000,000
in coin, to meet a limited circulation ; while Illinois,
Indiana, and Wisconsin are more inflated, their issues
being based upon State bonds, now depreciated 15 t •
30 per cent., instead of gold and silver."

Various calls had been made by the western
bunkers for specie from 'New York to enable them
to sustain themselves. The banking-house of E. J.
Tinkham and Co., Chicago, had supended payment
on the 29th. Mesers. Darby and Barividale, and
11(Ssrs. John J. Anderson and Co., suspended at
St. Louis, t,,mporarily only, it is believed, b nth
homes having capital and established credit hitherto

The New York CQurier and Inquirer says :--

"The suspended banks at Philadelphia and Baltimore
are gradually settling themselves down upon a non-
specie currency, and movements for the next 12 months
will be regulated, in the first place, by the legitimate
demands upon them by their merchants, and, ?eoondly,
by the means and measures essential to a restoration at
In early day. Of a resumption there is no hope under
12 months."

Of ex,:hange, the NetuYork Shipping List says:—

"On account of the unsettled state of money affairs
not much has been done for the Prrsia. There have
been plenty of sellers of bills in the market from bankers
as well as shipping firms, and we quote prices with a
large range. The transacti3ns in continental billet have
been yery limited, but sales have been considerab'j
lover. We quote bills on London, 4to G.Q. The bank
statement was generally considered a favourable one,
although there was a slight reduction of the specie item,
owing to the liberal drafts made to eastern banks. The
returns do not include those from the Island City
Bank—a small and weak institution which has gone into
liquidation. When allowance is made for the chaotic',
of the report of this bank, the decreavz in the deposits
was only about 100,000 dollars."
The Stock Market was better; prices advanced
under the belief that the banks would act har-
moniously and liberally from this date. Missouri
Sixes improved 14 ; New York Central, 14 ; Erie,
1 ;Michiganvelndnd Central,Toledo , 1
; Michigan Southern, 1 ;
; Chicago and Rock
Island, 3i ; Galena and Chicago, 1. The following
are the latest quotations for stocks :—Virginia
Sixes, 70 ; Missouri Sixes, 67i • New York Central,
6 i
a ;New Cleveland
; Reading, 36 ; Mich:-
a
n l 3
1 3
Sokuthern, 17 ; Cleveland
and Toledo, 30i ; Panama, 70 ; Illinois Central
Shares, 85 ; ditto Bonds, 77 ; Chicago and Rhode
Island, 674 ; Mtlwaukie)
York
45ain ;
d ditto Erie,
21; Galena, 66 ; Cleve-
" Central, r a
land Pittsburg, 9.2.
The owners of the Vanderbilt stated that they
had advices of the engagement to come by her on
her next homeward trip of 2,500,000 f. in gold.
The Board of Brokers had rescinded their recent
resolution limiting time sales t.) 30 days and under,
and extended time contracts to 60 days.
The Philadelphia North American, of the 29th,

saysa much better feeling in the money
m
After several conferences among the
market "There
et to - day w g
presidents of all the city banks yesterday, it wa'
determined to suspend the payment of specie on
notes of all denominations...to issue their own notes,
---
including the smaller denominations, for cheques and all
other obligations and to increase the line of discounts
with a view to immediate relief, while maintaining the
purpose of a resumption of specie payments. It was
also determined to admit the Bank of Pennsylvania to
equal participation in this arrangement, upon the fare-
goisg conditions. This'is the only step the banks have
taken that have exhibited the concert and spirit of mu-
tual conciliation which the occasion demanded, and it
has been followed by a cheerful rally that must be
productive of great benefit."
The Governor of Pennsylvania has issued a pro-
clamation convening the legislature in retpouse
to
a general sense of its necessity arising from the sus-
pension of specie payments by the banks and tho
pervading derangement in business affairs. Tile.
west and sonth were generally bare of exchange.
The panic in Philadelphia and further north led to
the suspension of specie paytnent by all the Bal:i
more banks. The American, of that city, says—
" The effect of the suspension was to
brighten the aspect of c ,mtnercial affairs and relieve the
aparehprision so `curistautly prevailing for the pa, t
month."
The price of money fell from 21 to 14 per cent.,
and an advance of prices occurred at the Stick
Board. The disasters that thrk atoned the business
community hid thus :been arrest id, and the general
feeling among
of the courseßanks. The Boston
adopted by the
Post says the merchants was one of approval
_

" Our money Market, as far as our banks and alp:
proved bank cutorners are concerned, is now on the
verge of improvement,"
Cottons remained inactive, and prices were no-
minally the same.
The stock was reduced to an.un-
usually low figure and there was no disposit on on
•the part of holders to realise. A further decline in
wheat Las occurred to the extent of 10c. to 15,2.
Flour had declined, owing to the ncc3ssity of re.d-
i4ing as much as 40c. to 50c. in three clap,. On the
29th, however, there was an increased inquiiy
bac:;o uomitial.
for export, prices Ravin,, fallen within shipper::'
limits, but the difficulty a. tten3ing the sale of ex.-
ch tuge oriera.'e I to check trinsiciions and derairte
the mar
et. Iron Was quiet. ' Sugar irregular. To-
Dltes from Vera Cruz are to the 22d., and &Qin
the city of
Mexico to tiro 19th ult. The charter
f tl:e new Tehuantepec Corn pauy required them to
Freights dull, bit without change.
'finish ten leagues of the railroad every year ; the
dykes of the Coatzacealcos and Ventosa are to be
completed the first year.

-- -
SINGULAR ORDER. _A tradesman of Brigg lately
received an order for 100 gamecocks and 40 greybourAl
dogs. Formerly he was so-tyewhat celebrated for the tx-
cAence of his bie..d. Not knowing the parties be con
oidered the order a hoax, and was rather astonished about
a week after to t.cT.,ive a vi-it from one of the parties,
who assured him the eider Was'a bona file one, and the
number of each of the best breed was wanted for expor•
tAtion to the continent.