The Sun.
London, England, 1854-02-02 00:00:00

AMERICA.

(BY ELECTRIC TELEGRAPH.)
ARRIVAL OF THE BALTIC

LIVERPOOL, THURSDAY, 4 A .M.
By the United States' steamer Baltic we have
advices from New York to the 21st ult.
A. telegraphic despatch from Halifax states that
,the brig Mary Jane, from Dublin for New York,
with passengers, had gone ashore on Jedore
Ledges, and that out of 150 persons on board only
six were saved.

From Washington we learn that no business of
importance had been transacted in either House
of 'Assembly. General Gadsden had arrived at
Washington with the Mexican treaty. The boun-
dary agreed on commences three miles north
of El Paso, thence south-west one league south of
Lake Guzman to the 31st degree of latitude and
111th degree of longitude west from Greenwich ;
thence, north-west to a point-two leagues above the
mouth of the river Colorado. The new territory
embraces nearly all of Pimeria, and 39,000,000
acres. The 11th article of the treaty of Guadalope
Hidalgo is cancelled. Mexico is to receive
$20,000,000 in 15 months $3,000,000 on the
ratification of the treaty, and the balance in tri-
monthly instalments, with interest ; out of which
$5,000,000 is to be set apart to pay American
claims, including the Garay indemnity ; but it is
stipulated that before the Garay people receive any
portion as an indemnity they shall release to the
Mexican Government all title to the lands on the
Isthmus. This is all the mention made of the
Garay company in the treaty. If the United States
wish, they can pay the whole amount mentioned
at once, and save the interest. A board of com-
missioners is to be appointed at Washington to
adjust all claims.

Late accounts from Mexico state that the Council
of State had confirmed the powers of Santa Anna,
and appointed him Captain-General of the army,
with the title of "Highest." By desire of the
Minister of War, brass and iron cannon, musketry,
pistols, sabres and swords, &c., were exempted
from duties.

The Trait a Union says of the Gadsden treaty :
"The diplomatic conferences between Mexico and
the American plenipotentiaries have resulted in a treaty
which is no longer a secret to any one. In selling
the disputed territory of Mesilla the Mexican Go-
vernment has sold an embarassment. In freeing
himself from the 11th article of the treaty of Guada-
loupe Mr. Gadsden has got rid of an onerous duty,
but in abolishing this dangerous article Senor Bonilla
has closed the door against American intervention, for
who can deny that the duty of defending the frontier
involves the right of crossing and traversing it. We do
not know exactly what is the sum that the United
States undertakes to pay Mexico : it is made to
vary
from 80,000,000 dollars to 26,000,000 dollars. This
intelligence has been received with joy by the public.
It is for the Treasury a resource which, managed with
wisdom and intelligence, will hasten the realisation of
those ameliorations which the Cabinet contemplated."
News from California to the 30th of Dec. had
been received at Washington, by way of Acapulo
and Vera Cruz ; the details had not, however, come
to hand. There were rumours of the loss of
anather Californian steamer in the Pacific on
Christmas-day, but the passengers and property
are reported to be saved. There were rumours
also of the failure of two banking-houses in San
Francisco.

Exchange on London, 108 to 109 i ; Paris,
5 15 to 5 20 ; Amsterdam, 414 to 41g- ; Hamburg,
36i to 37 ; Bremen, 79 to 79/ ; Frankfort, 41i
to 41k.
Cotton was dull.

The demand for flour had been more active, and
prices had advanced about 25c. per barrel. Wheat
in good demand, at an 'advance of 2c. to 3c. per
bushel. Indian corn quiet.
Provisions Without alteration.
Large sales of Scotch pig-iron had been made at
$39 50c. to $4O, six months, at which it was firmly
held.

Freights to London had slightly advanced.