The Sun.
London, England, 1857-11-11 00:00:00

AMERICA.

ARRIVAL. OF THE KANGAROO.

;13Y ELECTRIC AND INTERNATIONAL TELEGRAPH.)
LIVERPOOL, WEDNESDAY•

The Kangaroo has arrived with New York dates
of the 29th ult. She brings 260 passengers,
9,680 dols. specie. The European news and
the specie brought by the steamer Persia,
about 1,000,000 dole., exercised immediate and
favourable influence on the New York money
market. A general advance took place in all
sorts of securities. Illinois Central Shares ad-
vanced 2 per cent. ; Reading, 2/ ; Panama,
2 ; New York Central Shares, 2 ; Virginian
State Sixes, 4k ; and others ranging from 1
to 5 per cent. The highest price demanded for
sterling exchange was 107, but first class banks'
bills were obtainable at 104, and prime commer-
cial at 100 to 102 k. Gold was in abundant
supply, and quoted at / to 1 per cent. premium.
Closing rates for leading securities were—New
York Central shares, 65 ; Illinois Central shares,
85; Illinois Central bonds, 69; Michigan Southern
new stock, 22 ; ditto shares, 8i ; Panama shares,
70 ; Virginia sixes, '79k.
The New York Herald says :
" There is beyond all question a much better feeling
in the money markets. The banks are full of money,
but dare not lend it on commercial papeer. The princi-
pal business of our banking institutions just now is
turning over, renewing, and arranging in different ways
their protested paper- The banks never grant exten-
sions, but they renew paper either the whole or in part,
and keep it alive with all the additional security
they can squeers out of the makers or en-
dorsers. A good deal of this accommodation has been
extended, and it appears to be the prevailing disposition,
both inside and outside the banks, to grant all the Incas.
sary facilities for a satisfactory adjustment. The Cali-
fornia remittance of October is about due, and will
doubtless be at hand this week. This will give us a
million and a quarter more at least, making au aggre-
gate of two millions and a hall dollars for the banks
to report on next Monday. The banks are
daily receiving gold from their depositcrs, and
it is not at all .improbable that the specie re-
serve shown on Monday next will be fully 13,000,000
dollars. We learned to-day that the president
of one of our leading banks sent a circular to the prin-
cipal points of the West, urging the forwarding of grain.
He gave parties shipping grain at the West to this port
permission to draw upon him at eight upon remitting the
bill of lading. This is, in his opinion, the best way to
use money just now, and it is our opinion that he is
about right."

There was a prevailing impression that the
suspension of the banks of South Carolina would
operate as a forfeiture of their charter.
The New York Tribune reports that the num-
ber of protests at the New York banks was consi-
derably lessened, and not entirely from the fact
that renewals were easy to be obtained ; the regu-
lar payment of notes at the banks was much
larger, showing in that respect a marked improve-
ment in the mercantile community.

Philadelphia money market without material
alteration. At Boston a material decline in rates
for money had taken place, and the supply was
more abundant.

Exchange on London 95. Financial matters
about the same. Miles, Adams, and Co., cotton
factors, bad failed.

THE AFRICAN MAIL.

(BY ELECTRIC AND INTERNATIONAL TELEGRAPH.)

PLYMOUTH, WEDNESDAY MORNING.

The African Royal mail steam ship Ethiope,
Captain George Corbett, arrived here last night.
Her dates are—Cameroons, Sept. 27 ; Old Cala-
bar, Sept. 29 ; Fernando Po, October 1 ; Bonny,
Oct. 4 ; Lagos, Oct. 8 ; Accra, Oct. 10 ; Cape
Coast Castle, Oct. 11 ; Liberia, Oct. 15 ; Sierra
Leone, Oct. 21 ; Bathurst, Oct. 25 ; Teneriffe,
October 31 ; Madeira, November 3.
She brings as cargo 2,484 ounces of gold dust,
368 casks of palm oil, 63 packages of ivory, 209
lboxes of oranges, 70 bales of moss, 40 pipes of
wine, 22 bags of cochineal, and various sundries.
IShe brings also 12 passengerd, among whom are
Lieut. Taylor and Ensign Thomett, Gold Coast
Artillery, from Cape Coast.
At Fernando Po was the Alecto, at Lagos the
Hecla, Hecate, Antelope, and Bloodhound. Off
Wbydah, the Tenzer and Firefly.
The Ethiope spoke the African mail screw
steamer Gambia 40 miles west of Morirovia, Oct.
16. At the Cameroons, the season was sickly ;
several deaths had occurred amongst the Euro-
peans. The same may be reported of Old Calabar.
The trade at Bonny had been stopped for 45 days
but was again resumed and was proceeding with
tolerable activity. An agricultural exhibition was
to take place this month at Liberia, when prizes
will be given for the beat specimens of the pro-
duce of the country.

The quarantine regulations are being strictly
enforced, at Madeira, on vessels coming from
Lisbon, on ace,ount of the fever at that place.
The Susquehana, American screw frigate, ar-
rived at Madeira, Nov. 3, from this port.
The squadron on the coast were well. The
cruisers seem to be hard at work ; two slavers
had lately been taken at Sierra Leone, one cap-
tured by the Alecto, which was the fourth
prize
this vessel had taken within a few months.

TUE CONSERVANCY OF THE THAMES.—The censer'
vancy of the river Thames have chosen Captain Edward
Borstal, R.N.,_as their secretary.
EXPORT OF GOLD.—There were no gold withdrawals
from the Bank yesterday for exportation, but sovereigns
to the amount of 300,0001, or 400,0001. were taken far
transmission to Scotland, the fall of the Western Bank
having
caused a run upon some of the other principal
banks at Glasgow and elsewhere, including even t'ae
savings-banks. It is rerrted that among the leading
merchants in the north the announcement of the event
on Monday created neither surprise nor agitation. The
temporary inconvenience among depositors and note-
holders must, however, be extensive and severe, while
the shareholders, about 1,300 in number, many of whom
are women and persons of small income, out of trade,
will, it may be feared, in several cases suffer almost
complete ruin. The fixed issue allowed to the bank
under the Act of 1844 was 337,9381., and the extinction
of this, estimating a reserve of one-third in gold to have
been kept against it, will be an equivalent to a contrac-
tion of 225,2921. in the circulation of the country—an
event as undesirable at the moment as the loss of so
much bullion.—Times.
THE TRADE OF LIVERPOOL.—Liverpool, Monday.—
The Customs Bill of Entry, published this morning,
gives a return of the number and tonnage of the ships
that have entered inwards end cleared outwards for
foreign ports in the week ending the 7th of Nov. 1857,
as well as the corresponding period of 1856. It appear
that during the last week 61 ships of an aggregate tor..
nage of 31,950 tons, entered inwards, against 83 ships,
51,593 tons in 1856, being a decrease of 22 in the num-
ber of ships, and a decrease of 19,643 tons in the ton•
nage ; the number of clearances outwards during tl e
week, 73 slips, of a tonnage of 38,384 tone, against 95
skips and 53,103 tons in 1856, being a decrease of 22
suips, and 14,719 tons. The total number of ships re-
ported inwards from foreign ports during the present
year up to the 7th of Nov. was 3,819, with a tonnage of
2,043,215 tone, against 3,769, and 2,126,960 tone in the
year 1856, showing an increase of 50 snips and a de-
crease
ttn ohu net
sw7,
outward
v ofagainst
InN3sv,
t60f440v
,9.riestiwgo3nna
ships,
ph.
4in
pT,
v3sth,7Be2ad,
ntnowdvt numbera2n;g2alth3tn.tonnage
ae
tsgooeefun so: hf i
n2pe
,ast2hreoleBeny,an2erl:t
od:
1856,and
showing an increase of 189 ships a decrease
of 55,115 tons.

THE LONDON GENERAL OMNIBUS COMPANY. An
extraordinary general meeting of this coolpany was held
yesterday afternoon, M. V.tcosisin, president, in the
chair. The report stated that it has been found neces-
sary to continue to erect new stables, besides premises
and machinery for the preparation of A uremtses
provender.sno
of 3,6301. has also been hid out in the purchase of new
omnibuses with all the latest improvement,, and in the
alteration of such portion of the oil stock as was worth
the expense. The Lumber of horses in the possession of
the company on the 4th of July was 6,222, being au in-
crease of 313 over the number at the close of last year.
The average net earnings of each omnibus are about
64. lel. a-day. Part of the unused capital not exceedinz
50,0001. is proposed to be expended on the formation of
lines of train ways in various parts of the metropolis. Tne
net profits on the six months' working amount to 31,5821
—out of which a dividend equal to 5 per cent. for the
half-year was declared, 5381. Laing carried to next ac-
count. No discussion took place, and the report was
adopted unanimously. A sum of 1,0001. was voted to a
provident fund for the company's servants.