The Sun.
London, England, 1851-10-03 00:00:00

AMERICAN NEWS.

[A summary of the following appeared in our Af-
ternoon E lition of yesterday :—]
SOTJTHAMPTON, OCT. 2.—The United States' mail
steam-ship Franklin, Captain J. A. Wotton, arrive
off Cowes at seven A.M. this morning, and after land-
ing the English mails and passengers proceeded on
her voyage to Havre.
The Franklin brought 68 passengers, 52 of whom
are for Havre. The freight list comprises specie
value 832,000 dolls., of which 600,000 dolls. are for
Havre, the remainder, in gold, for London. She has
also 500 bales of cotton, 100 packages India rubber
goods, 60 packages of whalebone, and other freight,
for Havre.

The Franklin left New York at two P.M. on the
20th ult.; her run to Cowes has therefore occupied
eleven and a half days mean time. She encountered
head winds during the voyage.
Her intelligence is of four days' later date from
New York Mau that brought by the America to
Liverpool.
The United States mail steam ship Illinois arrived
at New York on the 20th ult. with a fortnight's later
news from California, and specie value 1,38,000
dolls. The Brother Jonathan had also arrived with
300,000 dolls. The news from the mining districts
WdS very encouraging ; fresh discoveries had been
made of gold deposits, and the yield of the precious
metals was immense. The Indians were still com-
mitting depredations. Gold had been found a few
miles south of San Diego.
There is little intelligence of importance from the
United States. President Fillmore had been in-
disposed, but the most recent accounts mention his
recovery.

The Boston Railroad jubilee bad terminated.
100,000 persons ware present, including the Presi-
dent of the Republic and Lord Elgin, the Governor-
General of Canada, both of whom were well re-
ceived. In reference to this celebration the Tribune
says :

" Twenty years ago the first charter for a railroad
was granted in Massachusetts; 17 years ago the first
railroad was opened to the public; and they are now
celebrating at Boston the completion of a system of
sewn trunk lines, with numerous and extensive branches,
including within the bounds of the state above 1,000
miles of railway, besides at least 1,500 miles of direct
extensions or connexions beyond its borders. Of all
these roads those within the state alone employ a capital
of 52,000,000 dolls., and earn a yearly revenue of above
6,500,000; and thus it is not too much to estimate that
100,000,000 of Massachusetts capital have within these
brief 20 years been invested in railroads which have
their focus in Boston, and well invested to; and this is,
on a fair calculation, but one-half of the capital invested
in railways in New England. This is why they hold a
jubilee there. They are right in doing so. They are
right in rejoicing at the contemplation of a system "of
public works absolutely unparalleled. We rejoice with
them, and feel our Yankee blood tingling in sympathy
for whatever benefits one part of this Republic benefits
all others. But let us look into the occasion of the jubi-
lee a little more in detail.

" Massachusetts has a small territory—its area is but
5,000,000 acres, and its population not 1,009,000. A
rocky and barren soil, an unfriendly climate, and no
navigable rivers opening channels to the interior, are the
endowments with which old Massachusetts entered on
her career. They are not all, however. She had a
people unequalled in energy, concentration of purpose,
and personal integrity; she had good schools, good laws,
a glorious history, and the go-a-head spirit; she had also
abundant water power, the enterprise to use it, and for a
time the national policy has favoured her; she has built
up manufactures, and on that basis stands the admirable
example of a state that she now presents; and, finally,
she has erected this great net-work of railways, extend-
ing in all directions, and bearing from every quarter a
willing tribute of prosperity and the means of greatness
still more complete and enduring."
A fire had occurred in Sacramento city, entailing
a loss of 30,000 dollars.
The New York papers publish accounts from Val-
paraiso to the 9th of August, but they add nothing
of importance to the advices previously published in
this journal, and received by the West India mail
steamer Avon.
- -

President Fillmore was expected at New York
when the Franklin sailed. Lord Elgin also contem-
plated paying a visit to that city.
The President, in a letter to Governor Lowe, of
Maryland, had expressed his determination to enforce
the laws against the persons who took part in the late
outrage in Pennsylvania.
The French war steamer Mogador sailed from New
York on the 18th ult. for Rochefort.

Upon Cuban affairs we have nothing new.

NEW YORK MARKETS.

SATURDAY, SEPT. 20.—The cotton sales of the week
amounted to 3,600 bales, but the market was exceed.
ingly dull.
I❑ coffee there is a steady demand, but no advance in
prices. The sales are very large.
The flour receipts were moderate, with a very fair
home trade. Prices are steady. The export demand
has declined considerably. The old stock is reduced
very much.
Grain—The asking prices of wheat being above the
views of the miller, the transactions still continue light,
eci'h unsettled prices. Barley is very dull. Corn is more
plentiful, but the markets were the same.
In the hide trade the markets have been very dull,
and the sales have been confined to the actual wants of
the trade.

Indigo stands the same as last week's prices.
Provision trade steady, but the demand is good.
The spirit market has advanced in consequence of the
advices recently sent from Europe respecting the bad
state of the vintage. The stock is large.
In sugars the prices are very much depressed, and in
favour of tbo buyers.
The wool trade is remarkably dull, in consequence of
there being no demand from the manufacturers. The
supply is very large, and holders readily submit to great
reductions to effect sales.

Freights—We have no alterations to make of any im-
portance; the amount offering is moderate. The Liver-
pool cotton is 3s. 6d. and 4s. 6d. per bale. Flour, 6d.
and 13:1.; naval stores, ls.; heavy good, 10s. to 155.;
grain, 3d. To London: tobacco, 205.; cheese, 305.;
flour, ls. 6d. and ls. 9d.; measurement goods, 255. and
304.; heavy goods, 20s. and 255. To Havre: cotton, 1,1.;
ashes, dolls. 4 and 5; rice, bark, &c., dolls. 5 and 6;
measurement goods, dolls. 6 and 8. To California, 40c.
and 50e.

The market for stocks has slightly improved, and
closes with great steadiness. The sales have been
greater, yet with less speculation. The amount of gold
co arrive within a few days is large, about 2,500,000, dolls.
and has a tendency to allay fears, yet the exports con-
inuo. 500,000 dolls. will be shipped to-morrow.
Money is in great request, at 12 and 15 per cent., and
the amount available for discounts is rather contracting
than enlarging.
Foreign exchange continues firm at 10 and 10} for
sterling, and sf. 1 le. and sf. 121 c. for France.
The present condition of the money market is not
likely to change, as the continued shipments of coin
keep in full activity the apprehensions of the banks, as
the receipts of gold do not all go into the banks, though
all the shipments come out of it. The general circula-
tion will be benefited.

NAVAL INTELLIGENCE.
The flag of Admiral the Hon. Sir P. Bladen
Capel, K.C.8., was hauled down at Portsmouth last
evening at sunset on board the Victory, and
,at nine
o'clock yesterday morning the flag of Sir 'Thomas
Briggs, G.C. St. M. and G., was hoisted on board
her. The Britannia fired the usual salute of 17 guns,
which the Victory returned.
Captain George Bohun Martin, C. 8., the now flag-
captain at Portsmouth, is a nephew of the late Ad-
miral of the Fleet, Sir George Martin, G.C.M.G.
He has served on full pay twenty-one years since his
entry at the Naval College in 1812. Embarked
April 11, 1815, as midshipman on board thelmpreg-
nable, 98, Captain Samuel Campbell Rowley, bearing
the flag of Sir Josias Rowley, in the Mediterranean ;
where, in the following October, he removed to the
Spartan, 38, Captain Phipps Hornby. Quitting the
ship in July, 1816, he next, until the receipt of his
first commission, dated March 17, 1821, served on
the Channel, Mediterranean, and Cork stations in
the Madagascar and Mw ander frigates, both
commanded by Captain Sir James Alexander
Gordon; Ganymede, 26, Captains William M'Cul-
loch and Hon. Robert Cavendish Spencer ; Wasp
sloop, Captain William Woolridge ; Hyperion,
42, Captain Thomas Searle ; Newcastle, 60,
Captain Arthur Fanshawe; Cadmus and Brisk
stoops, each under the orders of Captain James
Montagu; Spencer, 74, flag-ship of Sir Josias Row-
ley ; and as Acting-Lieutenant in the Sappho sloop,
Captain James Han way Plumridge. On the date of
his official promotion as above, Mr. Martin was no-
minated Flag Lieutenant, in the Queen Charlotte,
100, to Admiral Sir James Hawkins Whitshed,
Commander-in-Chief at Portsmouth. Obtaining a
second promote' commission in consequence, April
24, 1824, he assumed command, April 17, 1827, of
the Musquito, 10, and, returning to the Mediterra-
nean, was afforded an opportunity of sharing, Oct.
20 following, in the battle of Navarin. His conduct
on that occasion procured him the honours above
iadicated, and was the cause of his being advanced (as
mapapnodinertn)iteontp,,owste-rrealkA,
pArilprli7l,
3,1a8n2d8.
soon as he had served the necessary time as com-
OcHtoibserl33exlt,
1835, to the Volage, 28, and Caledonia, 120, flag-
ship of Sir Josias Rowley, both in the Mediterrean,
whence he returned in the autumn of 1837. He has
been in command since November 4, 1844, of the
Eagle, 50; in which ship he at first conveyed Rear-
Admiral Samuel Hood Inglefield to the south-east
coast of America, was then employed in North Ame-
rica and the West Indies, and in the performance of
a particular service.
Commander Colson Festing, sixth son of the late
Commander Henry Festing, R.N., C. 8., has been
promoted to the rank of captain. This officer entered
the navy Sept. 26, 1807, as first-class volunteer on
board the Volontaire, 38, Captain Charles Bullen,
with whom he continued to serve, latterly as mid-
i abipultin of the Cambrian, 40, until Deember, 1811;