The Sun.
London, England, 1857-11-04 00:00:00

LATEST NEWS.

CANADA.
(BY ELECTRIC TELEGRAPH.)

LIVERPOOL, WEDNESDAY MORNING.

The Montreal Ocean Steam-ship Company's
Royal mail steam-ship North American has
arrived with advices from Quebec to the 24th
ult.

The advices from New York are exceedingly
meagre. A despatch from New York of the 22d
says—" Stocks dull, and prices declined, closing
heavy. Demand for money active, with little to
be had. Sterling exchange dull at 100 to 105 ;
no sales. Flour a shade better, with a moderate
demand. Wheat opened buoyant, but afterwards

became heavy."
A. despatch from New Orleans, of the 21st,
says :—" Financial matters look more gloomy
here. Many are in favour of a suspension of the
banks as the only way of obtaining relief. Nc-
thing definite has been decided on by the banks ;
they are mostly weak. A better feeling prevails
among the business men."

From Philadelphia, under date the 22d, we have
the following—" Warrell, Cotes, and Co., impor-
ters, and John Hooper, Son, and Co., dry goods,
of this city, have suspended. Liabilities heavy."
The Washington correspondent of the New York
Herald writes :

" The Secretary of the Treasury does not anti-
cipate there will be any necessity for a loan i❑
order to meet the expenditure of the Government,
and the Administration will oppose any effort in
that direction. All works of internal improve-
ments,' not deemed of urgent necessity, will also
be suspended. The expenses of the navy will be
cut down, and no more ships kept in commission
than the protection of commerce may require.
The expenditure of the army will be sub-
jected to a rigid economy. As for the re-
commendations to Congress, the President will
not recommend any increase in the tariff, with
the exception, in all probability, of the articles
of tea, coffee, and sugar. This you may rely
upon, the Secretary of the Treasury does not an-
ticipate suggesting any change in the law (in ad-
dition to tea, coffee, and sugar) at the meeting of
Congress, with the exception of recommending the
adoption of decimal rates of duty. As for the
Ocean Mail Steam Service, it is probable the ex-
travagance of paying several lines running on the
same routes, or practically the same, will be
alluded to. Oile European line is regarded as
sufficient, making it, if necessary, a weekly mail.
It is probable that the Secretary of the Treasury
will also recommend the abolition of the fishing
bounties."

Her Majesty's steamer Vulcan had left Quebec
with the 9th Regiment for England.

At Quebec business continued in a state o:
paralysis.

SHIPPING INTELLIGENCE.

At Quebec, the Burlington, hence ; Charles
Chaloner, from Falmouth ; Lord Riversdale, from
Swansea ; Mountaineer, from Grimsby ; John
Bull, from London ; Robert M`William, from
Glasson Dock ; Dromahair, from Troon ; and the
Economist, from Milford.

FRANCE.
PARIS, TUESDAY EVENING.

Prince Napoleon and the other personages of
distinction who had the honour of passing last week
at the palace of Compiegne took leave of their
Majesties on Sunday. Yesterday other guests
arrived at the palace, among whom were the
Princess Mathilde ; Lord and Lady Cowley ; Count '
Walewski, minister of foreign affairs; and the
Countess Walewaki ; Admiral Hamelin, minister
of marine, and Mme. Hamelin ; M. Baroche, pre-
sident of the Council of State ; Mme. Bruat, gou.
vermante of the enfants de Franco ; Mine. de St.
Arnaul, the widow of the Marshal ; the Marquis
of Hertford ; Duke and Duchesa of Manchester ;
Lord and Lady Onaulston, the DucheAs X Ifttrie, &e.
M. de Persigny is preparing to return to Loudon.
The following telegraphic despatch has been re-
ceived here :

" BERLIN, Nov. 2.—Count Lavradio, in addi-
tion to the formal demand made to the parents of
the bride•elect, has to-day personally demanded
from the King the hand of the Princess of Hohen-
zollern for the King of Portugal. Baron de Brock-
hausen, the Prussian minister at Brusselw, is to be
appointed ambassador at Vienna."
13ouRsE, Nov. 3.—The following were the last
quotations :

-
Cub. fr. End of Month.
4i per Cents - - ~.
3 per Cents 67 67 20
Bank Shares 2980 Credit Foncier 517
Credit Mobilier 785 Roman
Do. Account 787 50 Austrian
Behrian 4.t (id)...... 97i— Spanish Threes —
riedmontese(s) 9O HOMO Debt