The Sun.
London, England, 1851-08-04 00:00:00

A similar arrangement has been concluded with the
British Consul at Panama, affording every facility
for correspondence 'pith persons in the Southern
Pacific as well as in California. Mr. Hobble also re-
organized a portion of the mail service in California.
Daily mails have been established between San Fran-
cisco and Sacramento, San Francisco and San Jose,
and Sacramento and Nevada. _ •

A banquet was given on the 21st ult. to Dr
Hughes, H. C. Archbishop of New York, in celebra-
tion of his return from Europe. Nearly 200 of the
principal Roman Catholics of New York were present
at the Astor-house on the occasion. The first toast,
as at the entertainment in Liverpool to the same per-
sonage, was " The health of the Pope." The lion.
Daniel Webster, Secretary of State, proposed as a
toast, " Religious toleration and charity." The fes-
tivities , were kept up till an early hour in the
morning.
Another fugitive slave case had recently occurred.
A negro named Daniel Hawkins was arrested at
Lancaster, and on being taken before the United
States Commissioner, was ordered to be sent back to
his owner in Maryland. Great excitement existed,
but no violence was offered in opposition to the law.
The following particulars of the accident to one of
the engines of the steam-ship Pacific, above alluded
to, are furnished by;an eye-witness :—";On Thursday
morning last an unusual vibrating motion was felt in
the ship, and which was almost immediately followed
by the breaking of that part of one of the engines
(the port engine) called the cross-tail,' which se-
vered in the centre ; and at the same time its con-
necting rod snapped off about two feet from the end.
The starboard engine made some three or four revolu-
tions after the accident, which wielded the broken rod so
that it came into contact with a beam supporting two
pillars, and broke it. The piston-rod of the damaged
engine having been deprived of its assisting power,
fell heavily on the cylinder top and crushed it. The
swinging about of the mutilated machinery came also
in contact with the feed pipe, which broke it; and in
a moment the whole of the engine department was
filled with boiling hot steam, the density of which
was such as to render it impossible to discover what
damage had been done for some time. The firemen,
however, alive to the probable danger, and energetic
to prevent it—although compelled, in detachments,
fainting and almost overcome, to grope their way on
to deck to breathe the air—immediately, on tempo-
rarily recovering, hastened down again, to aid it
possible in the reparation ; and in a space of time to
me inconceivable, succeeded in raking out all the
immense fires (32), and thus all was safe. Soon after
this the steam cleared off, and within three and a half
hours from the time of the accident, the starboard
engine was at work, and we were steaming it at eight
miles per hour."

COMMERCIAL NEWS.
STCCK EXCHANGE, JULY 22.—There is a better feel-
ing in the market to-day, though the transactions aro
very few.
The demand for money continues active, and rates are
without change.
Foreign exchange was very dull to-day, though it is
steamer day for remittance by Canada, which sails to-
morrow from Boston. The rates, however, are very firm.
Sterling, 10 to 10} per cent. premium; France, 5.10 to
6.08 q.
Iu freight there is less doing, but the rates are steady
for wheat and flour. There is no corn of moment offer-
ing. A vessel was taken up to Dundee at ls. 11d. for
flour, and one for Glasgow at the previous rate. To St.
Petersburgh measurement goods are taken at 395., and
sarsaparilla at 1/c. To California there is but little
going forward, and the rates are about the same.
The amount received at the sub-treasury is 122,074
dolls. raid, 46,310 dolls. Balance, 1,856,535 dolls.

NEW YORK. MARKETS.
NENV YORK, JULY 22.

Ashes—A steady market, with a fair demand for pots,
at dolls. 5 25; pearls are quiet, at dolls. 5 50.
Cotton—The market is very much depressed, and
prices continue to droop, and are very unsettled.
Flour, &c.—There is rather a better demand for low
grades of State and Western flour, and the market
favouring the seller. The inferior and better grades are
firm, but quiet, at the decline of yesterday. The supply
afloat is moderate, especially of State. Canadian is not
plenty, and the demand is limited, at dolls. 4 12} to 4 25.
The sales of domestic are 4,000 brls. at dolls. 4 12i for
State; dolls. 4 16 to 4 lq for Michigan and Indiana;
and dolls. 4 lq to 4 311 for pure Genessee and Ohio.
Southern is heavy; holders are disposed to meet buyers
freely, there being more new offering. The demand is
fair for export and the trade; sales of 1,800 brls. at dolls.
4 31 to dolls. 4 44 for mixed to good straight brands.
Rye flour and corn meal are steady.
Grain—There is a fair demand for wheat for milling
and for export, but at prices below the views of holders,
and the tendency is in favour of the buyer. Rye is
quiet at the decline. Sales of 10,000 bushels at 70c. in
store.

BY TELEGRAPH FROM NEW YORK TO
HALIFAX.

The followinc, is a copy of the telegraphic dispatch
brought by the Canada, via Halifax :
" NEW YORK, JULY 24.

" More doing yesterday on receipt of American
news. Western Canal sold freely at 4i dolls. ; Ohio