The Express.
London, England, 1851-01-13 00:00:00

CHINA.

Cotton in pieta not in usual demand of the PP3IIOII, mar-
ket choked, and pric.s pang down. Opium was going down;
the stock on band is small and bad, and prance low.

UNITED STATES.

The Africa, Captain ltyrie, arrived at Liverpool
yesterday, with dates from New York to the Ist inst.
She brings only 25,000 dole. on freight.
The Baltic &mild at New York on the Ist instant,
after a passage of 17i days. She is reported to have
run short of fuel.

There is little political news of import.
The House of Representatives, at Washington, had
taken a respite for two days, and the Senate for one.
Tne proceedings had not been very important in
either branch of Congress. In the lower department
the Cheap Postage II:11 was discussed.
There is to be a convention held in Utica on the 28th
of January, to be composed of a committee from each
stock and mutual insurance company in the State.
organised under the law of 1849. The object is to fix
on a regular tariff of rates for insurar.ce.
We karn, by this arrival, of the lies of Captain
Knight, of the packet-ship Ivanhoe, who was washed
overboard on the outward voyage.
From Canada there is no news worth recording
further than the commercial intelligence given below.
The steam ship Ohio, on the passage from Ha-
vannab, damaged her anchoring, sprang a leak, and
but fur the energy of the passengers would have been
lost. Jenny Lind was expected at Havannah on the
4th inst. A revised tariff has been published augment.
ing all articles of foreign importation j per cent.,and
increasing the imposts on national imports by 1 7.
It likewise augments the export duty on each box
of sugar 50c , on each quarter of leaf tub tcco ex-
ported 29e and on every thonsind chests 25 % In
imports this change is to take place on the Ist of
Febraary, nod continue for two years, in exports from
ti c Ist of January. Vessels from Europe are allowed
to the Ist of March. _ _ .

-- ---
According to acvices from Nicaragua to the 18th
of November, the ports of Salvador were then
blockaded by the British, and those of Nicaragua
threatened. It is stated that war had been prepared
between Costa Ries and Nicaragua. The coffee crop
was good, and prices high.
The New York Tribune for Europe says:
We have news from Valparaiso to Oct. 25, two days later
than our previous dates. The extra session of Congress.
which wee anticipated, had not taken place. The govern-
ment, although nominally conservative, are Cispmed to adopt
Idxral mra,,ures for the encouragement of commerce. A
railroad is soon to be commenced between &Mier° and Val-
ptraiso. Din Vicente Peri z has been app inted agent for
the colocisation of Valdivia, and will take measures toeupply

the emigrants on their arrival with such nece ssss lee of life u
cannot be transported from Europe. Peru at Mix moment is
in a wets of political tranquillity, although the election of the
President is the all-absorbing subject with all psrties. The
candidates for that office are Echenique, Virtue°, Goma,
and Elias, of whom the first is the gavourite in the southern

portion "t the republic. The affairs of Bolivia are still unset-
tled. Gen. Belem, who was assaulted and severely wounded
by a party of conspirators, was slowly recovering A perma-
nent court-martial was in session, whose sentence was decisive
and absolute. Col. Lsguea, President of the S'nate, was
found guilty as an accomplice in the attack on Brine, and
was shot on the 19th of September. Seven deputies, holding
a prominent rank in the opposition party, had been ar-
rested, and it was supposed would share the same fate. New
arrests and punishments were daily occurring, but the prin-
cipal conspirators were thought to be in concealment at
Sucre, with the exception of Morales end Lopez, who had pro •
bably crossed the frontier at Tarja. The zeal of the autho-
rities, with the influence of Beleta's name, had been
sutcessful in the preservation of order. It was reported
that General Ballivian had made his appearance on the
soathern,frontier, at the head of 4,000 men, but this was not
generally credited. A great impulse has been given to
industry and enterprise on the island of Juan Fernandez.
A company has been formed, with the exclusive privi-
lege from the government of occupying that island far
a specified term of years. The object of the government in
this arrangement is to colsnise and cultivate the isind, for
which purpose it presents remarkable facilities It abounds
in every variety of agricultural products, the climate is
fertile, and there is a safe and commodious harbour for all
commercial operations. A communication will be estab-
lished immediately between Valparaiso and Copiapo, in the
first instance by sailing vessels and afterward by steamers.
It was supposed that the island would soon become a phone
of fashionable resort.

NEW YORK, DEC. 31.

MONIY 2ditnewr.—The demand for foreign exchange for
remittance by the steam ship Africa, for Liverpool, has been
moderate. There has been no material alteration in the
rates. We quote on London at 101 to 101 per cent. prem. ;
Paris, sf. 111 e. to sf. 10c., scarce. premium 60 to 831;
Amsterdam, 415 to 415 ; Hamburg, 361 to 37,
Corrog.—Since the 24th inst. we have had a fair inquiry for
cotton both from domestic consumers and exporters. The Wes
have amounted to 6,500 bales, of which the greatest portion
has been for Franco. Prices have been firmly supported,
and on some grades an advance was obtained up to the close
of last week. Yesterday we received news per telegraph of
the Baltic having put into Province Town,Cape Cod. The re-
ports that the Liverpool market had advanced id. per lb.,
with sales of 41,000 bales, led to an increase of business on
the part of holders, who have obtained an advance of 5c.,
and show little disposition to make sales. The market
closed last evening very firmly at the quotations.
Inow.—The market remains firm, full prices being
realised. 450 tons English bars afloat, and 40 tons in store,
sold at 40 dole , and 500 tons of Scotch pig, one half to
arrive. _ . _

TOBACCO.—The market for the various descriptions is
firm, but dull ; and, though prime qualities have not varied,
middling to medium leaf Kentucky had receded Bc. from
the highest point.
FLotra.—A moderate locsl demand for Western State*
Cur. Prices are unchanged. Nothing doing for exports
and the East. Canadian is firm and in moderate demand,
at 4 dols. 870.
Cluaix.—The market for domestic wheat is quiet. The
firmness of holders restricted sales. The demand is only for
small lots for milling. Canadian is held firmly, but prices
are nominally at 1 dol. 60. to 1 dol. 12e. in lend.

Freights were dull, and the engagements were light. For
cotton for Liverpool 5 32d. to 3-16 d. was asked. Flour wen
study at ls. 6d. Grain was nominal at 4,1 d. to sd. asked
Chess* was taken at 20s. to Glasgow. Tierce beef was
taken at 3s. 6d., and St. Domingo loewood at 15s. To Cali-
fornia dipper rates were at 50c. to 60c.
NEW ORLEANS, Dec. 29.
_ _

Cotten has been very active. The sales oa Saturday were
8,000 bales, at full prices, owing to favourable accounts from
New York. We quote middling at In.
• MONTREAL, Dac 27
• _

Asses.—Pots mark to-day 255. 61. to 265. No pearls
offering; probable pries of pearls, 261.
FLOM—Since the Loge speculative purchase. last week,
of No. 1 superfine, we have not heard of any but retail
transactions. No. 1 superfine probably could not be pur-
chased under 215., while N. 2 sad evra rule as before.

OaAIN. Plus, &c.—Western wheat, nose, L. C. red,
4a. 6d. to 4e. 7d. per miuot ; oats, la. 4d. ; peas, 21. 9d. to
2a. 104.; barley, 7x.101, to 3a.

l'amszoss 'Athos% change in price; stock light.
DaISOID Koos, wriskitip 2001bs, sold in fermate slellbs
tadey, at 23e. per 100113 e.
Flan, thtiv,ike.—Large merchantable dry cod f1ab,12..64.
per OWL ; small, 12e. 64. Norris's, 16.. 3d. to Ils. 31. ;
isoskerel, No. 1,60 a ; N.. 3,211..; salmon, 33e. ; gesso ...id
lob. in barrel', 10e. to lb. 3d. Liverpool salt, is bu.k,
3d.; in flute bushel bop, bas. ; Liverpool stoned duo in
bop, is. 3.1.