The Sun.
London, England, 1844-04-12 00:00:00

Rotten to Havre... ..... 698 75 .. 698 75 .. 697 50 697 60
Orleans ••••••••.•••••••••• 918 75 .• -927 50 .. 918 75 • • 927 be
Strasburg to Bale.• •. •• 276 25 •• 278 75 • • 276 25 .. 277 50
Avignon to Marseilles• ••• .• 760 .. 760 •• 757 50 .• 757 50

LATER FROM the UNITED STATES.

LIVERPOOL, THURSDAY MORNING.

The fast-sailing ship St. George, Captain Feunis,
arrived here early this morning, having left New
York on the 24th ult. (Sunday). By her we have
received papers one day later than those received per
Hottinguer.
The weather continues of the most mild descrip-
tion, and the inland navigation was almost entirely
set free from frost. The New York market was
rather quiet for domestic goods, and in cotton there
was only a limited business done on the 23d. The
Stock market was reported to be in a feverish state,
though prices were rather better. The rate of ex-
change had also sightly improved, bills of first class
on London being quoted 108, and on Paris sf. 32c.
The Senate had at length come to a vote upon the
proposed resolution to give Great Britain notice of
the discontinuance of mutual occupancy of the Oregon
territory. On the 22d, after a long and able speech
from Mr. Savizn, the vote was taken, and the re-
sult was, Ayes 19, Noes 28, so the notice was re-
jected. On the division three Southern democratic
senators, supposed to be in favour of the annexation
of Texas, voted against the friends of the Oregon.
This, it is probable, will cause a retaliation by gentle-
men from the West, when the Texian Treaty is brought
forward, and their united force, it is said, will be suf-
ficient to negative it. They also threaten to vote
against the New Tariff Bill ; in fact, their exaspera-
tien against Messrs. M'DUPFIE, HAYWOOD, and
HuGza, who are the gentlemen alluded to, is most
violent. There were other motions before the Senate
upon Oregon Bills, as they are called, that are more
or less interfering with that territory, but it was not
thought that the vote upon them would be different to
that upon the " notice" upon which all the hopes of
the violent party were fixed.
There is no other political news of importance.
The steam-ship Caledonia arrived at Boston on the
22d. She left Liverpool on the sth of March.

MONE Y AND COMMERCIAL NEWS.
CITY, QUARTER TO THREE.
There was a dull market for cotton at Liverpool yes-
terday, and the slight.advance of Monday was entirely
lost. Sales 3,000 bales—viz., 200 Surat, at aid. to 4d. ;
100 Maranham, at 54d. to 6d. ; 100 Pernansa, at 51-,d. to
61d. ; 20 Egyptian, at 71d. ; 100 Bahia, at 61d. ; and
the rest American, at sd. to 7d. for Orleans. Shares
were firm.—Birmingham and Derby, 62 ; Caledonian,
5!. Bs. 6d. ; Chester and Holyhead, 7i ; Dublin and
Cashel, 5g ; Edinburgh and Glasgow, Quarter, 161 ;
Eastern Counties, 12R ; Grand Junction, 234 ; Paris and
Lyons, 31 ; Paris and Orleans, 36. h. ; South Eastern,
New, 5-7 i. ; Paris and Strasburg, 2!. 16s.
Accounts have been received from New York this
morning, but only one day later, in point of date, than
those before obtained. _ The " annexation of Texas"

question appears to be likely to create many divisions
among the various creeds of politicians ; indeed, almost
ai general as the " factory question " has caused here.
The following is a summary of the state of the commer-
cial markets in New York:—

" Within a few days there has been four arrivals of
packet-ships from London, Liverpool, and Havre, all of
which had very heavy and valuable cargoes. The
largest proportion of the cargoes coming in at this sea-
son is cemposed of dry goods, of foreign manufacture.
These goods come into the market before the trade of
the country has exhibited any evidence of its extent.
Before the jobbine houses knew whether the trade will
be double or treble what it was last year, or that it will
only be to the same extent, they lay in large stocks of
got,ds at the first prices of the season. We notice a
great number of new names in the business section of
the City, most of which are young houses, composed
principally of tho.e who have, had but little experience
in the dangers arising from overtrading. There are
very few of the old houses in existence that e eathered
the-gale of 1837 and 1838 ; in fact, very few came
throUgh these times un,•cathed. All were crippled and
cramped in their resources. The present race of dry
goods jobbers do not perfectly understand the ramifica-
tions of trade, that gradually lead that class particularly,
into the troubles and difficulties that assuredly lead to
ruin and bankruptcy.
" Competition is the life end soul of trade; without it
monopolies would eat up the substance of the consuming
classes, but rivalry in buiiness often leads to extremes,
and all parties are made bankrupt together. The fetter
is daily increasing. Our jobbing houses have adopted
the same extravagant system of securing customers that
was practised to so great an extent in 1836. Our hotels
are run down with drummers, who pounce upon a
country merchant with all the avidity of a bird of prey.
These drummers are supported at an immense expense;
they have the run of the city, and liberally supply their
customers with all kinds of recreation and amusement,
without any other charge than can be found at the foot
of their bills. These efforts to secure customers lead to
large sales and extended credits. The aim is to do as
large a business as possible, and outdo their neighbours.
The quantity sold appears to be more of an object than
the standing of the buyer."
It must be conceded that the recommencement of the
" go-a-head" system is not very satisfactory to cautious
dealers.
The Proprietors of the West India Mail Steam Corn
pany were pleased, as well they should be, with the Re-
port and proceedings at the meeting held yesterday.
The perseverance of the Court of Directors, of the com-
manders of the steamers, and its other principal officers
(not forgetting the anxious and unremitting attention of
the Secretary, Mr. E. Chappell), have brought this im-
portant enterprise into a safe harbour, after, at one
period, the probability of its being made a wreck.
Those who have watched the (progress of the Company,
and its at one time manifold difficulties, can only appre-
ciate its present position and future prospects.
We have letters and papers from the Cape of Good
Hope this morning, to the 16th of February. It is
stated that Sir George Napier had determined to
retire from the duties of his office at the commencement
of the present month. The report at the Cape
was that Sir Colin Campbell would take the office, and
that, ad interim, the Lieutenant-Governor would perform
official duty. The Boers were about to meet to excite dis-
content against the British Government. The rising im-
portance of Natal, now a Bt itish colony, is much dwelt upon.
In Colesburg, and other parts of the colony, very heavy
rains had fallen. Sergeant Mullin, of the 91st Regi-
ment, had lost his life in an attempt to cross a river ; his
leave of absence having nearly expired.
The purchases by the Commissioners this morning
were in the Three per Cents. Reduced, at 991. They
took from 20,0001. to 30,0001. The Consol market is very
firm, and the tendency is most decidedly to advance,
although the fluctuations have been rather frequent this
morning. Consols for Money have been done at 1001
and 4 ; for Account at 100 - and Q. The New Three-
and-a-Half per Cents. at 1044 and 104 ; and the Re-
. duced Three-and-a-Half per Cents. 1031 and Bank
Stock has receded from 2001 to 200; and Exchequer

Biils from 765. to 745.
The settlement in the Consol Account has gone off
very well to-day. The rise in prices since its commence-
ment has been full 31 per cent.
In the Foreign Funds not much business was done
to-day. Spanish Actives were firm, at 26i ; and the
Three per Cents., at 37 Dutch, Mexican, and the
other Bonds in which transactions have been reported,
are very nearly at yesterday's rates.
The dealings in the Railway Shares have been rather
numerous this morning, but the prices have not varied
to any extent requiring especial notice.

BRITISH FUNDS THIS DAY AT ONE O'CLOCK.
(From the Official List)
Bank Stock .... 200% 200
3 per Cont. Reduced Annuities
3 per Cent. Consols. Annuities 100%%%
336 per Cent Reduced Annuities iO3 1
New 3% pef'Cent Annuities lO4
Long Annuities, Expire sth Jan. 1880.......
Ditto 30 Years, Expire sth Jan. 18130.
India Stock
India Bonds,l,ooo —
Ditto under 1,001 92
Consols for Account
Exchequer Bills, I%d. 1 iid
1,0001. 000000000 .•..•.........• -- 00000 ..•.... '74 pm.
5001 .. oo .. 76 pin.
Ditto Small o .... 76 pm.
FOREIGN FUNDS THIS DAY AT ONE O'CLOCK.
Belgian Bonds 5 per Cent lO4
Brazilian Bonds, S per Cent.
Columbian Bonds. l5

Mexican Bonds' 1837,5 per Cent. kin.. • •
Ditto for the Account
Ditto Deferred Stock 15%
Ditto Debentures ...
Spanish Bonds. Five per Cent 1840....... .....
Ditto Three per Cent.
Ditto for the Account
Dutch 2% per Cents. .. $6
61 t 4
§ 34
Dutch 5 per Cents. 10044
PRICES OF SHARES THIS DAY AT ONE.
ILAILWAXS. PAID. PER SHARE
Birmingham and Derby..—. ...... :100 ... f2}4 6i... to 62
Birmingham and Gloucester...... 100
Bristol and Exeter 7O .....«..7a% . ..... to
Bristol and Gloucester
Caledonian
Chester and Holyhead 5 714% ... to
Dublin mad Cashel ... 2% 5% to
Eastern Counties
Ditto New Registered...... 8/. tis. Bd.
Ditto Perpetual 5 per cent Vs. 4d.... 1%,
Edinburgh and Glasgow 5O 66 .. to
Great Western
Ditto m Shares
Ditto 1. illhs
London and Birmingham ' Stock 13;% ..... to
Ditto New Thirds
London and Brighton
London and SouthlWestern
London and Croydon (Trunk)... 13%
Manchester and Birmingham ... 40
Newcastle and Darlington Junct. 18
Northern and Eastern
Ditto Scrip
Norwich and Brandon
South Eastern and Dover

Ditto New - to
Yarmouth and Norwich
Ditto Scatboro' Branch
_2V, -

PaTis and Orleans ........ .... 36N
Parisand Rouen 0 374, ..... to
Strad)urg and Basle
MA NCUEETER STOCK E xcHANGE, A Pnu. 1 I.—Our
m2rket continues firm, and a good business was d. ne.
Eastern Counties have been in considerably demand at
higher rates. Caledonian, fil; Eastern Counties, 12k;
Ditt Registered, 14t- ; Lancaster and Preston,
39i; Maf.chester and Birmingham, 49:1- ; North
107-.1; Paris and Rouen, 371; Sheffield and Manchester,
71; Ditto, Quarters, 8*; Dublin and Cashel, 61. Is. 3d.
and 61. Manchester Assurance, :Gi.

By the death of Mr. Speer, one of the retired chief
clerks of the Treasury, a pension of 1,700/. per annum is
saved to the public.