The Sun.
London, England, 1850-01-22 00:00:00

AMERICAN NEWS,

ARRIVAL OF THE CAMBRIA.
(BY ELECTRIC TELEGRAPH.)
LIVERPOOL, TUESDAY MORNING.
The North American royal mail s7eamer Cambria,
Captain Shannon, has arrived with advices from
Boston to the 9th instant.
The captain and other officers of the Caleb Grim-
shaw had arrived at New York.
Mr. Meredith, Secretary of the Treasury, in answer
to inquiries, has replied that in all cases of importation
duties must be attested on the entire quan-
tity imported. -Whenever the quantity im-
ported is ascertained to exceed .hat specified in the
invoice, and no intention to defraud the United
States appears, the merchandise will be admitted
to entry, and the proper duties attested on the
whole importation. Whenever the appraiser finds
the value of the whole importation, including the
quantity stated in the invoice and that in excess, to
exceed by more than 10 per cent. the value declared
on the entry, the proper penal or additional duty
must be exacted. It is obvious that this penal
du'y will sometimes be oceasiosed by an excess, as,
for inotance, where the importer declares in the entry
the value of the importation according to the quantity
specified in the invoice, and there prove to be a large
excess ; in fact, beyond that quantity the appraised
value of the whole importations may not unfrequently
prove to be more than 10 per cent. over the value so
declared in the entry, and the additional penal duty
would attach.
The Governor of Maryland, in his annual message,
represents the finances of that state to be in a most
prosperous condition, leaving 375,000 dollars over all
current demands for the annual extinguishment of
the public debt. The Governor predicts the total
extinguishment of the state debt in 13 years.
THE PENNSYLVANIA DEBT.
The amount of public debt demanded during the
year 1850 is 3,191,170 dolls. 19e., and the Governor
recommends that provision be made at an early day
for arrangement with the creditors holding these
claims, and suggests the negotiation of a new loan,
as the demand upon the Treasury, with the present
means of the state, will not permit the payment of
the amount.
Telegraphic news from New Orleans of January
8 state that the sales of cotton since 3d inst. reached
6,800 bales, at it cent. advance since arrival of Cam-
bria's news.
The market closed at 10ic. for middling.
The steam- ship Alabama, from Chagres, arrived at
New Orleans on the 3d lest.

COMMERCIAL INTELLIGENCE.

MONEY MARKET.

NEW YORK, JAN. B.—The demand for exchange has
been large for this 4t”mer, and the sales on Saturday
and to-day were fiee. The supply of bills is con-
siderable. The market has been sustained, with, if
anything, an advance of * to 1 per cent. on sterling.
The leading drawers asked 8+ to-day, but sold only to a
small extent. Southern gold unendorsed bills sold
at 71 to 7 e. ; good city bills, 71 to 8 per cent. Francs
are s'3l+ to 5'30 for first-class names. The quotations
are—Federal SixeF, 1868, 112+ ; 1867, 111* ; 1862,
1082 ; 1856, 106+ ; Fives, 1002; Treasury notes, 111 k;
New York Fives, 103 to 104; Pennsylvania, 107+; Ken-
tucky, 1051; Ohio, 1042.
Cotton—During last week the tales were to about the
extent of 2,000 bales per day, and each day higher prices
were demanded and obtained than on the preceding, the
operations being fn. domestic consumption and f
export to France and the continent. Tee larger
proportion, however, was on speculative account
in this city. Very little has been dune fn. the
English market in the past two weeks, our prices
being above the limits of orders, and there being
no general disposition t i ship on American account.
Yesterday there was a good inquiry, and 2,500 bales were
sold, the market closing very firmly with a decided up-
ward tendency in prices, and a strung speculative feeling,
induced by the accounts from the south. The sales to-
day are 2,000 bales. The quotations annexed ere
three-quarters to seven-eighths per cent, higher
than the prices sent by last steamer. Inferior Up-
lands none. Florida none. Mobile and New Orleans,
10* to 102; ordinary, 11 to 111, 11* to Ili, 111 to
14; middlings, 118 to 111, 112 to 118, lli to 11+;
middling fair, 12 to 121, 12i to 128, 12* to 128; fair,
12* to 122; nominal, 121 to 13; good fair, 13. The
accounts from the south received during the past fort-
night, in relation to the incoming crops have been more
decided as to ;he general results than any hitherto re-
ceived this season; the estimates appear to have settled
upon 2,100,000 bales as the maximum, while very
many insist upon less than 2,000,000 bales. Bread•
stuffs—The business has bean moderate, and the market
very firm; but little has been done fur export, excepting
in Canadian produce, which has gone tor% and
The atJck of flour in sound condition is estimated not
to exceed 400,000 barrels. The quotations are—Western
Canal flour, 5 dull. to 5 doll. 50e. per barrel ; Canadiar,
4 doll. 75e. in bond; Canadian wheat, 106 c. to 108 e. per
bushel, in bond; Gennessee, 123 c. to 128 c.; Ohio, 106 c.
to 110 e. Corn, 60c. to 62c. per bashel. Provisions—
Seine thousand tierces tine mess beef have been sold
at 15 dolls. 25c. t) 15 dolls. 50e. for shipment. Pork
has been dull at 11 dells. 50c. for mess, 8 dolls. 75c. for
prime. Lard is quite dull, at 6 dolls. ti 61 dolls, per
barrel. Grease lard, sic. to slc. Cheese has been very
inactive at s*e. to 7e. per lb. Iron—The market has
been quiet, but firm. ' Holders generally are asking
above the market rates for both bar and pig from store.
Freights to London 4s. per tierce for beef, and 255. to
30s. dead weiedit. To Liverpool, cotton, 5.32; flour, 9d.
and Gd.; corn, to 45d ; heavy goods, 203. ta 203. 6d.;
resin, ls. and 9d.

HAY v. AYLING-QUEENS BENCH, MONDAY,

TO THE EDITOR OF THE SUN.
SlR,—Allow me to correct an error in your report
of this case, which it is very material to my client,
the defendant, to rectify. Neither the 1001. nor the
"renewed bills" were endorsed by D'Monte Arbuth-
not to the plaintiff. The plaintiff himself drew the
documents on Ayling, at the request of Mr. Arbuth-
not, with full notice of the bet.
I shall be obliged by your correcting this mistake.
—I am, Sir, yours, &c.
FREDERICK AUGUSTUS LEWIS.
52, Parliament-street, Defendant's Attorney.
Jan. 21, 1850.

A heavy snow fall, such as has not fdllen in the
neighbourhood t f Cheltenham fro this winter, oc-
curred yesterday (Friday), commencing soon after nine
o'clock and continuing till three P.M , covering the
ground in places to the depth of several inches. For-
tunately it was followed by an increase of temperature
'And a consequent thaw, which, in the after part of the
!ay, eau ed trio snow to melt ;
ivl;4 it u,:ces
and this, 'unless checked
of the winterly covering is which the country is at the
present moment clothed.—Cheltenham Looker-on.