The Sun.
London, England, 1865-10-10 00:00:00

'AYR.
Cash.

Orleans
Northern
Lyons and Mediterranean
Southern
Western
Eastern
Sardinian .
Austrian
Lombard
North of Spain
Saragossa
Ditto to Barcelona — •••
Roman

•••
- - ... 530 -
- 232 50
- 400 -
430 -
- - 192 50
270 -

...... - ... 200 -

AMERICA.
(Per the City of Boston via Crookhaven).

NEW YORK, SEPT. 30 (Morning).
The Alabama Convention has repudiated the
whole Confederate debt.'

The South Carolina Convention has adjourned,
after repealing the secessional ordinance, and pass-
ing a resolution abolishing slavery.
The South Carolina Convention have adjourned,
after repealing the Secession ordinance, abolishing
slavery, giving the election of governor and presi-
dential elections to the people, unanimously en-
dorsing the administration, and directing a commis-
sion to submit a code to the Legislature for the
protection of the negroes.
The election of members to the Legislature is
fixed for October 18. James S. Orr has been nomi-
nated Governor. The members for Congress will
be elected in November.

Resolutions were passed declaring that the people
having been defeated by political majorities, as well
as by the sword, it was not wise to continue the
contest, and they therefore resolve that the Union
was the paramount consideration of the people.
The sovereignty resides in the people, the Federal
Government being its authorised representative
within the Constitution. The late war arose from
an apprehension on the part of the weaker section
of future oppression, and in a belief in the Consti-
tutional right of Secession. The war, therefore,
not having been strictly in the nature of a rebellion,
the Convention suggests to the President not to
enforce the penalties legally fixed to a rebellion.

The New York Herald says that the cotton and
corn crops in Mississippi are a failure, that the
people will have to draw rations from other States
for another year. The railroads remain unrepaired,
the whole country is devastated and the people are
idle and thriftless.
According to the same paper President Johnson
will shortly relieve Kentucky from martial law.

The Massachusetts Democratic State Convention
has endorsed President Johnson's policy and pro-
mised him support.

Captain II;11 has written from the Arctic Regions,
under the date of December, 1864, stating that he
had information from the natives, leading them to
believe them may yet be three survivors of Frank-
lin's expedition, including Crozier, who succeeded
Franklin on his death.
COMMERCIAL.

NEW YORK, Sept. 30 (Morning).

Money easy. Gold, 144. Exchange on London,
1571 ; on Paris, 3.57/. Stocks dull. New York
Central, 95 ; Illinois, 129 ; Erie, 88 ; Five-Twenty
United States Bonds, 107 i. Cotton slightly firmer;
Middling Upland, 45. Flour advancing. Wheat
firmer. Provisions quiet. Sugar buo3 ant• Mo-
lasses steady. Petroleum good inquiry i do. crude,
40 ; do. refined, 63 65,
At the First Board to-day New York Centrals
were quoted 951; Illinois, 1281 ; Erie, 88f ; 5-20
Bonds, 1071.

NEW YORK, Sept. 26 (Evening).
President Johnson has, during the past week,
granted a large number of special pardons, among
them some to prominent Virginians. It is generally
believed that Alex. 11. Stephens will soon be par-
doned ; and even in Mr. Davis's case the public
journals- are beginning to discuss the probabilities of
a pardon, as the President, it is thought, can hardly
turn a deaf ear to the numerous petitions coming
before him in behalf of the Confederate leader,
especially as those petitions, signed in many cases
by very prominent persons, urge the President's
consideration of the fact that Mr. Davis was in no
manner personally responsible for the rebellion,
being but the representative of the almost unani-
mous will of the Southern people.
At the reorganisation State Convention of Ala-
bama in session at Montgomery, on the 23d inst.,
the following ordinance was adopted :--" Be it or-
dained by the people of the State of Alabama, in
Convention assembled, that the institution of slavery
has been destroyed in the State. Hereafter there
shall be no involuntary servitude in Alabama,
otherwise than for the punishment of crime, whereof