The British Queen arrived on Tuesday at Portsmouth from Nyw
York, having accomplished the voyage in thirteen days and twenty hours. She left New York on the 1st instant ; and brines seventy-three pas- sengers, 700,0N dollars in specie, and other amnittances amounting to one million sterling.
On the condition of the money-market in the States, we find tha fol- !Owing in the valuable correspondence of the .3.Torniay Chronicle— "Money matters are still in a troubled and unsettle 1 tate. One of the new city banks suspended yesterday, and more will sm,pend before the month is calf, Tliis will benefit Ii asocial operation:, for it will :deur whiell is the wheat and which the chaff, amongst our monied institutions ; the doubts hangiog over the minds of most persons will then be removed, and a healthy bine given to commercial operations. Hopes are also enteetained that the Liverpool steam- ship trill bring out such news of the operations in American stimeka in Londe!' as to prevent the shipment of any more specie front this country. The specie drain has now gone on for three months past steadily, nod in that time a total or 3,ty)00 dollars has left us. The knowierl!_:e 01.' this fact renders all our Iiimaciera cautious in their operation=, and hes been a sad cheek mash busi- ROA transactions. Our merchants a he I mum iiiicturers emia emt orders plenty, provided they would give liberal erelir ; but, in the present unsettled state or thin-!, cavii man mistrusts his neighbour. However, we bolieve, we have nearly reaelted the turning-point in the crisis. Let the worst Cohn; to the worst, we still have goad cora and cotton crops to fall back on."
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