4 JULY 1840, Page 2

An arrival from New York brings American intellig ence to the

13th ultimo. The principal news is interesting to the holders of Pennolvania securities. A bill had been introduced into the HOUS. CKEsit.41111WIt that State, imposing direct taxes for the *nterest on the State debt. The majority but it was expected that the bill would y Bill was making progress at Wash- ed to a committee of the Senate.

air oar. wheat was advancing in the Atlantic