The Sun.
London, England, 1862-02-15 00:00:00

AMERICA.

QUEENS'EOWN, THURSDAY.

The Liman steamer City of New York arrived in
harbour this evening, short of coal. She left New
York on the 2d, having been delayed a day by a snow-
storm. When about 30 miles to the westward of
the Skelligs, this morning, an alarm was raised on
board, the after-compartment of the vessel having
been found full of water. The passengers were
ordered up, and preparations were made for lowering
the boats in case of necessity. Fortunately, the
cause of the threatened danger was discovered, and
proved to be the opening of the valve of the dis-
charge pipe. As soon as this was known the water
was got rid of. Suspicions were entertained on
board that there had been foul play practised, the
chief engineer declaring that the valve had not been
opened for any legitimate purpose during the
voyage.

The only intelligence respecting the movements
of the Burnside expedition comes from Southern
sources. The latest advices are :

AUGUSTA, TUESDAY, JAN. 28.

"Intelligence from Savannah states that six Fede-
ral vessels entered the river yesterday back of Little
Tybee, and passed up to the north end of Wilming-
ton Island, thereby cutting off communication be-
tween Fort Pulaski and the city of Savannah. The
enemy shelled Wilmington Island, and fired at the
Confederate steamer Ida, but no injury was done.
Commodore Tatnall's fleet was at Thunderbolt, but
arrived safe at Savannah.

SAVANNAH, WEDNESDAY, JAN. 29.

The city is comparatively quiet. No immediate
attack is apprehended. The object of the Yankees
appears to be to cut off communication with Fort
Pulaski. There were six Federal gunboats at
Wall's-cut, and seven at the head of Wilmington
Island, commanding the channel of the river yester-
day. Commodore Tatnall's fleet convoyed two
steamers and a fleet towards Fort Pulaski with pro-
visions. The enemy opened fire upon them and a
battle ensued, lasting 40 minutes. The provision
boats and the steamer Sampson are now returning.
The Federals fired upon the latter, and she was
slightly damaged. Fort Pulaski is now fully pro-
visioned for six months. A letter from an officer
at the Fort says that the enemy cannot take it by
any attack they may make. The Yankees are en-
gaged in removing the obstructions in the channel.
There are other defences yet to pass. The people
of Savannah are firm and confident of their ability
to defend the city."
In reference to the burning of the British vessel
York, the Richmond Enquirer observes :
" Mr. Seward will soon have an opportunity
to write a few columns of explanatory matter
about the propriety of destroying or burning by a
Federal vessel an English ship unluckily stranded
on the southern coast. intelligence has been re-
ceived in official quarters, announcing that a Bri-
tish vessel, called the York, was recently stranded
north of Swansborough, in Onslow county. Some
of the Federal vessels which noticed the disaster
availed themselves of the opportunity to afford.
practice to their gunners, by throwing combustible
materials on the disabled ship, and finally succeeded
in setting fire to her. The crew, fortunately,
escaped to the shore."
The Knoxville Whig of the 25th indicates that
Crittenden is to be reinforcei, in Kentucky.

No indication of a forward movement from the
Potomac has as yet been given. General Fremont
is still quietly domiciled in Washington. The
charges against him, and the requests he has made
to be court-martialed, have not, so far as can be
ascertained, been definitely acted upon by the
Government, and therefore it is not known what
course will be pursued towards that gentleman.

The Potomac blockade has been run a second
time by the steamer Hecla.
The favourable advices by the Africa on the
31st occasioned more activity in breadstuffs, the
export demand having increased, and prices of
shipping brands of flour advanced sc. per barrel,
closing buoyantly. Wheat was a shade higher,
and corn lc. per bushel dearer, Cotton was dull
and heavy. Provisions were less freely purchased;
Pork and beef were firm, bacon and lard depressed.
Groceries, oils, metals, naval stores, fish, fruit,
candles, hemp, seeds, spices, and whisky were in-
active. A moderate inquiry prevailed for hay, teas,
tallow, and tobacco. The freight engagements were
rather more extensive, but at unsettled rates.

COMMERCIAL INTELLIGENCE.
(From the New York Tribune, Feb. 1.)

There was an increased amount of dealings at the Stock
Exchange yesterday, and the quotations were generally
firm. There was rather more diSposition to sell short of
some descriptions, but there was a good demand for stocks,
and the market mainly stood up well.

The foreign bill-market exhibits nearly as many fluctua-
tions as the stock market. At the opening yesterday lead-
ing sterling sold at 1131 to 1131. It afterwards became
very heavy, and sold at 113 for the best names. Later in
the day it recovered to 1138 to 1131. Sales of commercial
signatures were made at 1111 to 113. The supply is rather
better. Francs are 5.05 to 4.971.

Freights are dull, and rates are lou'er.
The 7.30 per cent. Treasury notes are steady, and small
denominations sell at 98 to 982. The belief is that Mr.
Chase has ceased paying them out to contractors, and the
supply has decreased to a marked degree.
Mr. Cisco received from Washington yesterday another
instalment of 3,500,000 dole., 7.30 Treasury notes, and
1,000,000 dols. coupon stock, which, together with what
was already on hand, will be delivered to the banks when
they are ready to receive them.
A call will probably be made on Saturday, for Monday,
for the last instalment of 3,500,000 dole. due from the banks
to the Government.