The Express.
London, England, 1848-06-22 00:00:00

RATIFICATION OF THE TREATY OF
PEACE. _ _

The Hibernia, Captain Shannon, arrived at Liver-
pool yesterday from New York, which she left on the
7th. She brings specie in treiet to the amount of
58,000'. The United States had arrived at New
York on the 31st of May. The Niagara reached
Boston on the 2nd inst.
The Hibernia beings also the welcome tidings of
the ra•ification of pence between the United States
and Mexico by the Congress at Queretaro on the 19th
ult. The intelligence was brought by the Edith
steamer, which reached New Orleans on the 30th of
May. It is thus given in the Courier and Enquirer
far Europe :
" The treaty was ratified by the Chamber of Depu-
ties on the 19th ult., at a quarter past six o'clock, p.m.
The vote on it was 51 to 35. In the other branch of
Congress there is no doubt but that it will be approved
by a comparatively much larger vote. Orders had
been issued for the calling in of the outposts of the
army, and they were expected to march for the coast
between the Ist and 15th of June. Gen. P. F. Smith
has been appointed superintendent for the embarka-
tion of the forces at Vera Cruz, and he was to leave
the city of Mexico, for the purpose of entering on this
duty, on the 24th ult."
The passing of the treaty did not take place without
opposition, the minority threatening to leave the
chamber, and thus destroy the quorum. This threat
they did not, however, carry into effect.
(ien. Herrera had not been chosen President as it
was expected he would be—bat Pena-y-Pena had
been elected President ad interim, and it was
thought that Herrera delayed accepting the office
until the treaty was ratified, that he might enter upon
the government without any of the odium which
might attach to that act.
The vomito was raging at Vera Cruz.
Numbers of meetings in favour of the different
candidates for the presidency were taking place in all
the large towns throughout the United States.
Mr. frist was coming to Washington by the lake
route, and, it was understood, would report himself
to the President as a military prisoner—a rather
singular position for him to be placed in, says the
Courier and Enquirer, considering that the cause of
his arrest is the making of the treaty of peace the
senate and the country are so anxious to ratify.
With regard to money and commercial affairs at
New York, the Courier and Enquirer says :
The stocks of this state are in somewhat more demand.
Of the 3,000,000 loan, at 7 per cent., one half is payable next
month. Ot that amount some 346,000 dole. have been
already redeemed—leaving to be paid 1,228,730 dots.—to
meet which, according to the comptroller's report of last
January, there would be on hand 417,212 dole. The
comptroller, under the authority of a law to that effect,
issued a circular on the sth of May, proposing to the holden
of the Seven per Cent. Stock an cadence at par for Five-
and.a-Ralf per Cent. Stock, redeemable in 18.55. The
holders not It ving manifested any willingness to accept the
alternative, the comptroller has advertised for proposals for a
six per cent. loan, TI deemable in '55 for 800,000 dole, the sum
lacking to pay off the balance of the Seven per Cent. Stock,
He also invites proposals to the 27th oust., for another loan
of 489,817 dole., at 6 per cent., redeemable also in 1855,—t0
provide for other wants. These amounts, of more than a
million and a quarter, are to be added to the sixteen mil-
lions which in all this month will be hid for on the U. S.
loan. Capitalists are already preparing for these operations,
and money is accumulating in the banks. Owing to the
continued export of coin, bills on England ore dull, although
the rates remain high ; 111 is the asking price, but few
sales are effected. The shipment of cotton us active to Great
Britain, while in bread stuffs little or nothing is doing. The
market fur flour has remained in a quiet state for the last
week. The receipts have been free,but with agood home de-
mand; the stock does not accumulate fast, and prices are well
maintained, particularly on the lower grades. The range of
price has been at 5 25 to 5 50 dole. for all the lower grades, and
575 to 6 dole. for the better kinds of Genesee., but at the
close there was none to be had under 6 50 dole. for Ohio
and Michigan, and 6to 6 121 dole for the good Oeneuee.
One or two sales of Canadian have been made at 4 871 to 6,
in bond; Georgetown, Baltimore, and Richmond Country
are selling at 6 to 625 doh. ; rye our, 360 ; and corn
meal, 2 561 to 2 621 for Jersey. Wbeat has arrived more
freely, and is selling at 110 to 1200. for Ohio mixed, and
135 c. for Clenessee white. Eye sells at
For Indian
70c. Oats are
dull at 4.5 c. to 47e. for northern. For Indian corn there
bas been an active demand for export, at 51 to 55c. for
mixed and yellow western; 55 to 57c. for white southern and
Jersey; and 58 to 61c. for Jersey and southern yellow,
closing at 69 to 60c. for the latter, showing en advance of
several cents. Freights have alto improved, the late engage-
ments having been at sd. to 6d. per bushel on corn to
Liverpool.

COMMERCIAL
NEW Yoat,IVNE 6.—Comog.—ln our last we noticed that
sale. bad teen made above our quotations. Since then our market
has been dul!, and although holders have not pressed the market, still
poem are not in fur our of the buyer—our quotations, however, re-
main as before, The sales of the last three days amount to 1,700
hales, vie. ;
Upland& Florida. Mob., N. O. &T.
1,000 balm. 700 bales.
Inferior
Ordinary to good ordinary 54 to 5f
Middling to good middling ... 6 to 6i
Middling fair. / hir 6l iri 7 ........6 .0 7
Fully fair to good fair 7ltfain7j
Vino
Flo in, Mt.—Western anal flour ie in good demand, and prime are
Well iuppotted; sales ot Oswego, Michigan, &c., are made at 5 37a
dole. to 5 024 dole.; pure Genesee and good Mande of Ohio at 5 87a
Mod to 6 124 dol.;
common southern kinds, 6 dole to 6 12i dole.
Moderate sales at torn meal have been made at 2 623/4. 6,000 Wallets
Milwankle and Ohio wheat mold at 1 06 dole. to 1 12f, dots.; krn
bushelsof Quarida wheat (for export) at 1 15 dole. short price.
Is plenty, but shippers do not appear to be willing to meet the views of
holien., and the se.,rs tosday bavo been Rorie I ; a fear lots were taken
tar dirtiliing at Soc.
Ames continue in lair demand at 415 dill,. to I 37! for pots, and
5 25 doles. to 5 37t for peva,
hormioxiarefgady lu price, with modmate sale&

The rotes of Pagtorrr are—To Liverpool, for cotton In equate tole.,
2.32 d. per lb.; Flour and 'turpentine, le. 6d. to Is. Id. per barrvl ;
grain, 3td. to 6tL per busheL To Laudon Ss. 6d. per barrel for
dour, and other articles in proportion. To Havre : nominal.
HAVANA. MAY 27.—The priers of sugar have gradually
become lower. as the mocks accumulated, and planters became con-
vinced, from the adviees of the European markets, that they could not
sustain their former pretertsiona. At the reduced rates a isle inquiry
has shown itself, which slackened within the Let few days. The Eng- •
It& steamer of the Ist insts.nt has just arrived, ai.d we have to see
what influence the amounts it Mingowill have on our market. In
the meanwhile we piece the quotations as follow :—Assorted kinds
for Spain, 61d., to 04d.; whites.. goad to tine, ed. to bid., ur
23.. lid. to 24a. sd. free on board per English cot;
suss:dor and Ploretee, Old. to s id., or 17.. 7d. to IPa Phi.
di to; ditto, good and fine, 4.1. to Sd., or 14s. ld. to 16s. lial.
ditto; Cueuruclice, 3d. to 31d., er Ile. 3d. to Ila 9d. ditto.
Little or nothing has been done in M uaoovadoe, and we quote 4 to 41
re, for fair and good qu th y. 66,1M0 boxes of sugar have gone far-
rnmprisins 20,000 buses to the Coked Stater, 7.560 Snses to
Gre-t Wit tin, 32,000 boxes to Cower, kV.* boxesto Spain, sod 16,00
buses to other paces.. Some purchases of rooLowes have been made
at li re. but many dealers ask 4 tot 7he business in coffee is ea.