The Sun.
London, England, 1860-09-22 00:00:00

AMERICA.

LOSS OF THE STEAMER LADY ELGIN
AND THREE HUNDRED LIVES.
GALWAY, FEIDIT EVENING.
The Atlantic Royal Mail steamer Prince Albert,
which arrived at Galway last evening, brings ad-
vices that the steamer Lady Elgin was run into by
a schooner and sunk in Lake Superior on the Bth
inst. Three hundred lives are said to be lost.
Advices from Honduras state that Walker eva-
cuated Truxillo on the Ist inst., in compliance with
orders from the commander of the British man-of-
war that had arrived.
News from Japan to the 22d July announces that
the Portuguese commission had arrived to conclude
a treaty. An American ship had sailed for Shang-
hai with a cargo valued at half a million dollars.
Advices from Mexico state that Miramon, on his
return to the capital, resigned the presidency, but
was re-elected by the Council of State.
The Prince Albert having left Galway for New
York on the 28th ult., has taade the passage round
in 24 days.
The Orange difficulty at Lortogonto (?) had
been arranged. The Duke of Newcastle accepted
the Mayor's apology.
The Atlantic Royal Mail steamship Prince
Albert, from New York on the 11th, and St.
John's on the 15th, has arrived. She has made
the passage from St. John's in five days 18 hours.
She brings 100 passengers.
The steamers Bohemian, Illinois, America, City
of Washington, and City of Manchester, had
arrived out.
His Royal Highness the Prince. of Wales left
London, in Canada West, for Niagara, on the
14th inst.
The republicans had carried the lVfaine election.

COMMERCIAL INTELLIGENCE.
NEW YORK, SEPT. 14.

Stocks have improved. The cotton market is
steady. Breadstuffs have slightly declined. Pro-
visions are steady.

NEW ORLEANS, SEPT. 14.
Cotton has declined lc. The sales to-day amount
;o 2,000 bales; middling is quoted 10+, to 10.1.

THE GREAT EASTERN.---,ln consequence of the
ship's bottom having been what in nautical parlance is
termed "hogged" when lying at Southampton it was by
no means so foul as most people anticipated. About the
water line and at the bottom a quantity of green slimy mat-
ter was found ; below that, and by no means very thickly
studded, patches of a, fringelike seaweed only were seen,
varying from one to three inches in length, and adhering
very loosely. This at once upsets the theory that so many
entertain as to the cleansing of her 'bottom causing an in-
crease of two or three knots per hour in her speed. In fact,
a most mistaken notion is but too prevalent about the Great
Eastern's rate of sailing. She has already considerably ex-
ceeded what was expected of her by 'Mr. Brunel—viz., an
average of 14 statute miles per hour, with which scale as a
basis all her coal accommodation was framed. Daring the
week a large number of men have been engaged cleaning
her bottom and painting it,after which a coating of M 'lnnes's
patent metallic composition was laid on. This is a prepa-
ration presenting a smooth and slippery surface to the
waver, and by lessening the friction it increases the speed.
Of this it would take about two tons and a half. It was
expected that these operations would. all be concluded by
to-day (Saturday). the ship appears to havo lost none of
her attractions, and the receipts per week may be set down
at VOO clear. She will in all probabj.lity be removed from
the gridiron on the Ist of October.