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

Rouen to Havre.. 698 75 .. 698 75 .. 697 50 •• 697 50
Orleans
Strasburg to Bale •••••• 276 25 .. 278 75 •• 276 25 .. 277 50
Avignon to Marseilles• ••• .. 760 .. 760 .. 757 50 •• 757 50

LATER FROM the UNITED STAT ES.
LIVERPOOL{ THURSDAY MORNING.

The fast-sailing ship St. George, Captain FERRIS,
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. SEVIER, 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-
tion against Messrs. WDUFFIE, HAYWOOD, and
HUGER, 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.

MONEY AND COMMERCIAL NEWS.
CITY, QUARTER TO THREE.
There was a dull markeb for cotton at Liverpool yes-
terday, and the slight advance of Monday was entirely
lost. Sales 3,000 bales—viz., 200 Surat, at 30. to 4d. ;
100 Maranham, at 50. to 6d. ; 100 Pernanis, at 50. to
; 20 Egyptian, at 70. ; 100 Bahia, at 60. ; and
the rest American, at sd. to 7d. for Orleans. Shares
were firm.—Birmingham and Derby, 62 ; Caledonian,
5/. Bs. 6d. ; Chester and Holyhead, 7/1 ; Dublin and
Cashel, 58 ; Edinburgh and Glasgow, Quarter, .164 ;
Eastern Counties, 12i- ; Grand Junction, 234 ; Paris and
Lyons, 34 ; Paris and Orleans, 36* ; South Eastern,
New, 5i ; 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
as 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 composed 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 jobbing houses know 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
goi.ds at the first prices of the season. We notice a
great number cf new names in the business section of
the City, most of which are young houses, composed
principally of those who have had but little experience
in the dangers arising from nvertrading. There are
very few of the old houses in existence that weathered
the gale of 1837 and 1838 ; in fact, very few came
through those times unscathed. All were crippled and
cramped in their resources. The present race of dry
goods jobbers do not perfectly understand the.ramifica-
t ions of trade, that gradually lead that class particularly,
into the troubles and difficulties that assuredly lead to
ruin and bankruptcy.
" Competition is the life -and soul of trade; without it
monopolies would cat up the substance of the consuming
classes, but rivalry in business often leads to extremes,
and all parties are made bankrupt together. The fever
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
etre 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 hills. These efforts to secure customers lead to
Thee, eeles 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 standinc, 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 t•ale 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-
portanee of Natal, now a Br 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 994. 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 1001 and I. The New Three-
and-a-Half per Cents. at 1041 and 104 ; and the Re-
duced Three-and-a-Half per Cents. 1031 and Bank
Stock has receded from 2004 to 200; and Exchequer
Bills 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 371 i. 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.. .... 20034 200
3 per Gant. Reduced- Annuities ............. ........ 997i3(
3 per Cent. Consols. Annuities lOO %!4%
3% per Cent.llledueed Annuities 103%%4
New .3% per Cent. Annuities 104%%
Long Annuities, Expire sth Jan. 1860 12%%%
Ditto 30 Years, Expire sth Jan. 1860.
India Stock 294
Judi.: Roadc.l,ooo..- .. ............. .......—..... ...
11 Ditto under 1,00
Consols for Account 100%%
Exchequer Bills, I%cl. I%d
1,0004 111 OA* IL 0• •• *1..0 ........
5004 ...... .......—........ ....... '76 pm.
Ditto 5ma11.....".—... .....

FOREIGN FUNDS THIS DAY AT ONE O'CLOCK.
Iteleian Bonds, 5 per Cent 10414
Braathan Bonds, 5 per Cent.
Columbian Bonds l5
Mexican Bonds, 1837, 5 per Cent. a.... —..
Ditto for the Account 35% 36
Ditto Deferred Stock 15%
Ditto Debentures
Spanish Bonds, Five per Cent 1840 26%
Ditto Three per Cent.
Ditto for the Account
Dutch 2)4 per Cents 81%%
Dutch 5 per Cents. lOO%
PRICES OF SHARES THIS DAY AT ONE.
RAILWAXEI. PAID. PER SHARE
Birmingham and Derby..........: 100 ... it 61... to 62
Birmingham and Gloucester-- 100 04 to
Bristol and Exeter 7O 74% to
Bristol and Gloucester 3O 4 % to
Caledonian
Chester and Holyhead
Dublin and Cashel . 234 -SN, to
Eastern Counties
Ditto New Registered 8/. 6s. Rd
Ditto Perpetual 5 per eent...... Lis. 4d.... 1%
Edinbut gh and Glasgow 5O 66 ... to .....
Great Western
Ditto 34 Shares
Ditto fifths
London and Birmingham. Stock 235% ...... to
Ditto Kew Thirds
London anal Brighton
Loudest and .SouthlWestern ...... 41%
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
Yarmouth end Norwich

Ditto ficirrlearo' Branch ...... 24 .......0 to
Paris and Orleans S6lB
Paris and

StralburCand iiTa;fe 14
MANCHE STER STOCK EXCHANGE, APRIL 11.—Our
market: col ttinues firm, and a good business was dune.
Eastern CI 'unties have been in considerable demand at
higher rate s. Caledonian, * Eastern Counties, 12:3T;
Ditto, It( :gistered, 143; Lancaster and Preston,
Mant:hester and Birmingham, 491 ; North Union,
1074; Fax and Rouen, 374; Sheffield and Manchester,
71; Ditto., Quarters, 8*; Dublin and Cashel, 61. Is. 3d.
and 61. :21tinchester Assurance, 10k.

•
By the death of Mr. Speer, one of the retired chief
clerks of the Treasury, a pension of 1,7001. per annum is
saved to the public.