For the past month the sporting world has been in a state of feverish excitement on account of the grand prize fight set for last Sunday between the two most distinguished citizens of California, for a purse of one hundred thousand dollars. The high social standing of the competitors, their exalted position in the arena of politics, together with the princely sum of money staked upon the issue of the combat, all conspired to render the proposed prize fight a subject of extraordinary importance, and to give it an eclat never before vouchsafed to such a circumstance since the world began. Additional lustre was shed upon the coming contest by the lofty character of the seconds or bottle-holders chosen by the two champions, these being no other than Judge Field (on the part of Gov. Low), Associate Justice of the Supreme Court of the United States, and Hon. Wm. M. Stewart (commonly called "Bill Stewart," or "Bullyragging Bill Stewart"), of the city of Virginia, the most popular as well as the most distinguished lawyer in Nevada Territory, member of the Constitutional Convention, and future U. S. Senator for the state of Washoe, as I hope and believe--on the part of Gov. Stanford. Principals and seconds together, it is fair to presume that such an array of talent was never entered for a combat of this description upon any previous occasion. Stewart and Field had their men in constant training at the Mission during the six weeks preceding the contest, and such was the interest taken in the matter that thousands visited that sacred locality daily to pick up such morsels of information as they might, concerning the physical and scientific improvement being made by the gubernatorial acrobats. The anxiety manifested by the populace was intense. When it was learned that Stanford had smashed a barrel of flour to atoms with a single blow of his fist, the voice of the people was at his side. But when the news came that Low had caved in the head of a tubular boiler with one stroke of his powerful "mawley" (which term is in strict accordance with the language of the ring) the tide of opinion changed again. These changes were frequent, and they kept the minds of the public in such a state of continual vibration that I fear the habit thus acquired is confirmed, and that they will never more cease to oscillate. The fight was to take place on last Sunday morning at ten o'clock. By nine every wheeled vehicle and every species of animal capable of bearing burthens, were in active service, and the avenues leading to the Seal Rock swarmed with them in mighty processions whose numbers no man might hope to estimate.