The Sun.
London, England, 1854-01-06 00:00:00

independent of the British squadron now in the
Bosphorus, that portion of the fleet which is not
in the Mediterranean consists of an equal number
of never and more powerful ships than those under
the command of Admiral Dundas. This result is
already creditable to the Admiralty, and it has
been accomplished within the . last few months
on what is • still a peace establishment. Among
those politicians who distinguished themselves
at an early period of the dispute now pending
in the East by loudly recommending a prompt
appeal to arms, there may be some who will
perceive, with satisfaction, that we are far better
prepared to meet such an emergency at the pre-
sent time than we were last spring. At that
time the Baltic was open, our naval resources were
not collected, and our coasts were comparatively
undefended. We have now had time to prepare
against the danger. Our armaments, indeed, are
still of a very limited character, and cannot be
compared to the stupendous exertions of the Em-
peror of Russia, who has set the whole army of his
empire in motion, has 40 line-of-battle ships in
commission, has raised four millions and a half of
money from the Church, and commenced operations
on a scale worthy of the campaign of Moscow.
But no one will complain that Great Britain has
been less violent and precipitate in her demonstra-
tions of hostility, partly from her reluctance to
surrender the last hopes of peace, and partly from
a just confidence in that power which has never
yet failed her. The Admiralty has constructed a
fleet of magnificent ships, armed with all that
modern science has done for navigation. We trust
that young, able, and energetic officers will be
selected to command them ; and we venture to
affirm that with good ships, good officers, and
good treatment, the blue jackets will not fail to do
their part in their country's battles.

AMERICA.

ARRIVAL OF THE ATLANTIC.

LIVERPOOL, THURSDAY,
This afternoon the United States mail steam-
ship Atlantic, Captain West, arrived in the Mersey
with the usual mails from the United States and
British North. America. The Atlantic sailed from
New York on the 24th ult., and has brought, be-
sides the mails, 80 passengers and 500,000 dols. in
specie on freight.

The United States mail steam-ship Pacific, from
hence, was passed by the Atlantic on the 25th ult.
off New York.

The Liverpool and Philadelphia Screw Steam-
ship Company's vessel City of Manchester, from
hence, arrived at Philadelphia on the 23d ult.
The United States Mail Steam-ship Hermann,
from Bremen and Southampton, rrrived at New
York on the morning of the 23d ult.
At 10 p.m. on the 23d the America from Halifax,
whence she sailed on the 22d, had not arrived at
Boston. The weather there was very thick, with
rain and snow, and it was not considered probable
the steamer would arrive before the following
morning.
The steam-ship Pampero, from San Juan de Ni-
caragua, had arrived at the Belize, and would
reach New Orleans about midnight of the 23d. She
had a large quantity of gold on freight and Califor-
nian dates to the Ist of December. The steamer
Northern Light sailed from San Juan on the I6th
for New York with 500 passengers and 1,600,000
dollars in gold on freight.
We have advices from Havannah to the 18th.
On the Bth the American brig Ocean Bello arrived
at that city, having on board the passengers and
crews of the Spanish steamer General Arnero and
the British brig Oscar, both of which vessels had
been wrecked and abandoned. The cargoes of both
are also lost.

The late Capt.-Genera] Canedo took his depar-
ture from Havannah for Spain in the steamer
Condo de Regla on the 11th ult. No regret was
expressed on the occasion of his leaving the island ;
but, on the contrary, the hope that he will never
return invested with authority.
By the arrival of the barque, Cadet, at New York
from Belize, Honduras, we have advices from
thence to the 27th ult. The war in Central America
was at that date in statu quo, the states of Nicara-
gua and San Salvador having offered their mediation
between the belligerents. The commissioners of the
several governments were to have met at Santa
Anna, in San Salvador, on the 15th, but it was
doubtful if they would meet all ; or, even if they
meet, whether any satisfactory result would fol-
low ' - for, if the Government paper of Guatemala
can be relied on, nothing will be done by that
state except on condition of a radical change in
the personelle of the Honduras Government; that
is unless the liberal or union party is excluded
from power.
The New York stock market exhibited a quiet
appearance. There was little alteration in price,
and there were no indications of any important
movement one way or the other.
Money was more abundant, but more than
enough to make the negotiation of loans mode-
rately easy, and to prevent forcing stocks on the
market.
In the New York cotton market a fair amount
of business had been doing, and former quotations
were steadily maintained. The following were the
rates on the day of the departure of the mail : New
Orleans and Mobile, mid. fair to fair, 12e. to 12-ic.
per lb. ; Uplands, mid, fair to fair, pe. to 11c.
Exchange on London was quoted at 1091 to 109,
but these figures were not well sustained. Paris,
5.131 to 5.16 f. Hamburg, 37 to 371. Bremen,
80 to 80i.
In the market for breadstuffs flour was much
were made at about 12c.
sought after, and sales
advance in price. Wheat was held at 3c. to 4c.
Ter bushel higher, and ruled quiet in consequence.
he prices obtained were, for Gennessee white, 1
dol. 82c. ; fair Canadian, in bond, 1 dol. 64c. to 1
dol. 66c. ; and common southern, 1 dol. 57c. per
bushel. Corn was pretty brisk, and steady at 74c.
to 78c. for new, and 78c. to 82c. for old of all
kinds. Corn meal show ed no alteration. Rye
and barley partook of the same character.
In the provision market pork ruled very quiet,
but beef was active and buoyant.
In the freight market the shippers were waiting
the receipt of letters by the America, and engage •
melts were light. To Liverpool, corn engaged in
ships' bags, at 10d. ; for flour, 3s. per barrel was
asked, and 2s. 9d. offered ; uncompressed cotton
was engaged at 7.32 d. per lb.
The following despatch reached prior to the sail-
ing of the steamer :—New Orleans, Dec. 23. The
sales of cotton to-day were 38,000 bales. The bet-
ter qualities are firm. Middling is quoted at 91c.
Stock on hand, 201,000 bales. The America's
news came to hand this evening after business
hours.