The Express.
London, England, 1847-10-16 00:00:00

LALTEST INTELLIGENCE.

THIS DAY, Four o'clock.
AMERICA AND MEXICO.
ARRIVAL OF THE BRITANNIA.

The Britannia, Capt. Harrison, arrived in the
Mersey this morning at two o'clock. She left Boston
on the Ist, and Halifax on the 3rd inat. The Hibernia
arrived at Boston on the 2nd Mat.
The Sarah Sands had arrived out in twenty days,
and was advertised to sail again on the 16th of Oc-
tober. The French steamer Union cleared for Cher-
bourg on the 20th, and was expected to sail the same
day as the Britannia.
The last news is from Vera Cruz of the 4th nit. No pre-
cise intelligence had been received there from General
Scott; but the general opinion was, that Santa Anna
would conclude peace. There were 1,200 troops at
Vera Cruz preparing to proceed to Jalapa.
A telegraphic despatch from Baltimore, to the New
l'ork Erroinq Express of the 30th ult., stated that the
Union had received information of despatches
favourable to peace. Subsequent despatches gave no
confirmation of this, but the following, from the Union,
was probably its foundation:
As the New Orleans mail has failed this evening,
probably in consequence of the heavy rains and high
waters, which make the roads in Alabama almost
impassable, we shall draw upon the other funds which
are within our reach.
We have seen a letter from an officer at Vera Cruz,
. of the 4th inst., which states that they were " without
any thing more from Gen. Scott ;" but that it was tLe
"opinion of the most intelligent writers from Mexico
that Gen. Santa Anna will conclude a peace—that his
present position seems to urge him to such a measure,"
as his " only alternative" against any attempt to put
him down on the part of Paredes or Valencia,
" both of whom he had declared outlawed ;"—that
there were on the beach at Vera Cruz
some 1,200 troops, with which it is understood
" Colonel Huger will go' towards Jalapa with his
command; and that Major Lally had not left there
when last heard from. (The Sall of Anahuac says
that the major bad left there.) The health of the city
is improving. By the 15th of this month a heavyblow
from the north is always expected, but the northers
do not regularly commence until the Ist of October."
The Courier and Enquirer, New York, 30th ult.,
says:
Meantime preparations for the prosecution of the war are
not iatermitted in the United States. Recruiting is actively
and successfully pushed—the more sucerssfully, as the season
is rapidly approaching whoa fever is lees formidable on the
roan; and, as the chances of peace multiply, all who enlist
and serve to the end of the war, will he alike entitled—come
when that may—to the large bounty in land, or its equiaa-
lent in moiey.
The provisions of the treaty now making contemplate the
relinquishment by the Amencan government of California,
and all the Mexican ports which have been captured during
the war, retaining on our part Texas, with the Rio del Norte
for the boundary, and Matamoros, with the privilege of con-
structing a canal arrows the isthmus.
It las been found impossible to assemble a quorum of the
Mexican congress, and a junta of notables was thereupon
convened to adjust the treaty.
Valencia has surrendered himself to the government, and
has been sent prisoner to Guadeloupe.
Paredes has announced his intention of marching upon the
capital, to put down Santa Anna.
Beard threatens to attack the Americana upon the first
opoort unity.
Sales declares that the late battles were lost through the
cowardice of Terri jun, and the unskilfulness of alencia.
The yellow fever was still prevalent at New Orleans and
Mobile, and many deaths had taken place, particularly at tha
former city.
The ship Auburn, from New Orleans, of and for New
York, was driven ashore on Long Beach, Barnegat Inlet, on
the night of the 25th of Sept., and went to pieces. The
eaptain, flat mate, and sixteen others were lost. The cargo,
which was highly valuable, also perished.
Our commercial and money affairs remain in a sound con-
dition, and with little or no change since our last paper.
We have no change to note in our quotations of o:change.
Bills on London are quoted 84 to I per cent. prem., at which
the market closed rather heady.
No commercial failures are mentioned.
The export of bread-stuffs during the year ending Sep-
tember 9, have been 3,156,814 barrels of flour, 844,187.
The markets continued stationary. The supply of bread-
'tali from the interior was only equal to the demand for
domestic consumption. New Gentofte flour, at New York,
sold at from 5 dole. 75e. to 5 dole. 87e.; old at 6 dole 62c.
The rates of freight are To Liverpool, for cotton, t to
3-1661. per lb. • flour and turpentine, Id. to 1-611. per brl. ;
gran,
andl other
Jed,. Letrictusslianelp..*pfnortiLow3n d 2.
To 11;61. per
vre,
nominallybrl.r
flour,
for cotton, Id. per lb. ; flour, 70c. per barrel ; ashes, 8 dols.
to 10 dole. per ton ; rice, 10 dole. per ton.
The market for cotton has exhibited very little change
the last three days, but as the chief lots which were
pressing on sale have been disposed of, prices have gradually
assumed a steadier aspect at the quotations.
The fine weather prevailing at the south at the last dates
has doubtless had its effect on the minds of operators here, as
it gives a brighter appearance to the prospects of the new
crop than was indicated in our last report. The decline in
prices at Mobile from 12c. to 11c. for middling," has also
hid its effect here, as it is attributed to a want of confidence
by operators there, in the very bad accounts of the crop
which have been so rife front that section in particular.
It is the general impression that the crop will require a
long and warm autumn to be an average one—not a large
crop—but an average one. The plant does not yield agree-
able to appearances, and those who have commenced pick-
ing find there.' vas sadly. disappointed in this particular,
noting also that the 'acetates growth of the weed, with its
luxuriance in foihsge, shades the bottom bolls on which the
great bulk of the crop will depend more this year than here.
tofore. A correspondent at Columbus, Georgia, writes
" The crop in this section, under favourable circumstances,
must be a very moderate one, and, with an early frost, •
very short one." Another: The cotton, uoder tke in-
fluence of the present fine weather, is rapidly maturing and
opening; but the planters are not now gathering as much
as they were on the Ist of September last year, and they
report pretty generally that they will not make more
than one-half to two-thirds of the quantity for which they
planted, and would have made under favourable circum-
stance.. In some neighbourhoods and individual cases the
crops are fine—much better than last year ; but these excep-
tions are few,"

The movements of the staple since the commencement of
the season this year, compared with the corresponding; period
in the two previous season*, have been as follows. Receipts
at ports of du/ U.S. since Sept. 1, 1847, 14,923 balsa; same
period last year, 1:5,5-57 ; year before, 44,763. Exports from
0- 8- sine Sept. 1, 1847, 42,700 bales ; same period last
yeas, 18,790 ; year before, 28,64.5.
The receipts at this port, since the lit instant. have been
8,000 balsa. Exports, 18,500. Taken by spinners,
14,000. Taken on speculation, 20,000. Stock fa city,
50,000. Amount on sale, 16.000.
The closing quotations in this market were as follow:
LIVERPOOL CLAbSIFICATION.

New Orlean,
Uplands. Florida. !doh. & Tex.
hairier
ordinary
It to 111
Cijidditddliti ..... -
12 to 12
Middling tals
Fair
r.one.
Lnua fanu to 121 13
13 to 13.1 121 to 13 13 to 13
131 to 11
Yule
—, -- -- --

MONEY MARKET.—Nrw YORK, Sept. 34.—Our coca
mercial and money affairs remain in a sound condition, and
with little or no change since oar last paper. We have no
intelligence from Europe later than then, although we are
daily looking for the French steamer of the 15th, from
Cherbourg.
Ike demand for treasury notes keeps them at a premium,
which varies from 31 to 4 per cent. For Pennsylvania and
other sound stocks there is a steady market, and gala are
making for investment at prices tending upward.