The Express.
London, England, 1851-02-04 00:00:00

AMERICA.

The United States Mail Steam Ship the Pacific,
Captain Nye, arrived at Liverp.iol yesterday, with
dates from New York to the 22ud ult., and specie to
the amount of 50,0001. During the passage she en-
countered great quaLtities of ice, end was thus de-
tained 30 boors. [A mammary of the news apieurel
in last evening's Express.]
Our correspondent gives full details of news :
NEW YORK, JAN. i 2.
The Secretary of the Navy has requested some
of oar priocipsl shipping houses to give their views
as to the track to be taken by the new steamer SJa.
quebanna, which is shout making its first voyage to
the Etat Indies. The Japan islands are particularly
recommended as objects of commerc at interest.
During the time of Mr. Clayton, the enterprising
house of Livingston, Wells, ard Co.. of this city,
offered to fit out • vessel from San Francisco for a
voyage to Japan, in the hope of gaining a footing
theta for our country men as good as that of t e
Dutch, provided the government would merely seed
a proper agent with the vessel. Mr. Clayton ex-
pressed his desire to aid the enterprises, but he had
too many affairs of his own to attend to. Mr. Web-
ster, who has lar more activil of mind ard largeness
of views, perhaps will do something.
There is considerable interest taken here in relation
to the destieatinn of the Sr. Lawrence, which ie going
out to the World's F dr. The guest liberality shown
by the Southampton people, and the arrival of Mr.
Thompson with the desuatchem for the President,
may booby turn the scale in fawner of that port.
Mr. Croaky, the American consul, has left no smite
unturned in its behalf, and has bronzht the must
powerful influences to bear in that direction.
With regard to our national politics, everything is
tranquil. The abolitionists have been compltoely
foiled in Congress. The slave Henry Long is adver-
tised to be eold by auction at Richmond.
Thee has been a singular coalition among the de-
mocrats and free 'oilers of Massachusetts. A demo-
cratic GJVerIIOT was elected by the legislature in c m-
sequence, and a free soil United States 'senator from
the whig ranks was agreed upon. Governor Boot-
well, in his message, come out boldly in favour of
sustaining the Fugitive Slave 8.11, but the coalition
senator has not yet obtained his promised place.
In Pennsylvania, • constitutional democrat has
been elected to the United States senate, and it is
very probable that a conservative whig will take the
place of Col. Benton. In this stew the party of
Governor Seward is understood to be willing to abate
their zeal in favour of slavery, provided it cen r tain
its farmer intim nee at the BA: of government. llow
the negotiations now going on will be terminated, no
one cats tell at present.
We have just now great excitement at our custom-
houses, in consequence of the constaiit attempt of fo-
reign imp rters to undervalue their invoices. Seizures
are now daily made, often, I think, vr ry unjustly ;
but it may be as well to c 'Mien all thee. engaged in
trade with the United States to be particularly care-
ful in their transactions. It is thought that the

Asia, which was suffered to leave BOron, under
heavy b mde, will be subjected to grest expense fur
the c)nduct of some of her crew. The Franklin, just
arrivtd from Havre, is watched night mod day by •
strong f,rce from the custom.honse. French invoices
are notoriously incorrect, and Frecch goods are very
' apt to get ashore without pat leg duti v.
As 1 commence this ?ettex the A.;antic has not
yet then heard from, and the greatest atx ety pre-
veils as to r fate.

We bnce aootner arriv.,l from Chagr s, the Ohs-
?leer, with one million in gold dust, and da•es from
California to the 13:11 of December. Oa the evening
of the lith another fire occurred there, which de-
stroyed about 100.000 dole. worth of property. Oar
accounts from tke mines are highly encouragin.c. The
efforts of the miners are more elstematie than ever.
They have provided themselves every wLere with
good log cabins, and pursue their labours without

;oration, d. spite the winter reason. The companies •
have hit on • new idea; they take care to provide '
themselves with '•;prospects " in the wet diggings and
in the dry, so that !hey employ themstivt a at either
as circumstances require. In consequence of the late
rains, they are now enabled to wash out the sands in
the dry diggings, and the products ere highly en-
conreging.
The Californians returned in the Cherokee and Pro.
metheus look sad and carevvrc —they may have
money, tot they seem to have lost their hea4h.
The steamer Prometheus bee just returuel from a
trip to San Juan, brin,:ing back 224 pass lig. :a and a
large amount et gold dust. We have the interesting
news by her that tho small steamer Director hu
finally succeekled in getting up the river and entering
Lake Nicaragua. the Orae, a vessel of larger e'er, is
a total wreck, having failed to ascend. :.is success
cf the Dtector is c, rtaiuly encoaragirg. Had the
Nicaraguans a particle of enterprise, a steamer of pro.
per sire would have been built before this for the Lake
L rrioe. It is not too late for them to exert themeelvee,
but they brew wit.
Our domestic news bears the usual form. We are
greatly let- rested in the possible and probable fate of
the A- lant.e, not yet heard from (as I close tale letter).
Our insurance companies yesterday took some risks
on her cargo for 25 per cent. It is the opinion of cur
mostintelbgent ship masters that the vessel is cafe,
Mr if her macninery is des'royed, her sails inadequate
to propel her, and ter provisions are short, the passen-
gers will endure the utmost suffering before they
reach port.
It is now quite probable that there will be a
reduction of our letter postage to 3 cents. the half
ounce, and the emisaLu of a mind silver and copper
coin to meet the change.
Great efforts are being made at Washington to
withdraw our African squadron, and to subet:tute in
• p'.-.ez of it a more extensive lice et e3lcnice us the

coast. Mr. Clay is warmly in favour of it, as he
deems it the on;y true method of repressing the traffic
in slaves.

N States senator has ss yet been elected in
blivsouri or Maseachusetts.

The sale of Henry Long has taken place at Rich-
mond, and he was biught for 7ao dollars, with a
condition that he is to be taken south only. I must
confiris that the ilcidenta at the sale were not of the
moat pleasirg character. Ind.vidual cases of hard-
ehip, being very definite and intelligdie, always
mike a strong impression. Greater evils by the
wholesale ate n, tsu much regarded. If they were,
the sutt.rings of a single IN grimed aed naked collier
in E•:gland would lead to the overthrow of its
mo-
narcnv.

We learn that Mr. Webster and Sir Henry Bulwer
are on the best terme, and will 9JOII arrange the Ni-
caragua difficulties.
Money is still very plentiful here, and everything
set ms to be on the rise. The weather haa assumed a
spring-like appearance.
Jenny Liud has reached litvana, and, if we may
believe the last accon,its, was already the heroine o
the d .y. SJnnets and serenades were as plentiful a
blackberries.
Toe season at \Wa•bington is unusually gay. The
Britieh minieter and lady are remarked for their gene-
rain hosiM.slity.

AMERICAN MARKETS.
New YOltlt, J.t'e. 22.
The 'deices per Asin from Liverpool were considered
satisfactory in a commercial point of view, and gave tone
and strength to the markets generally speaking. The
financial accounts, however, were not construed so favour-
ably, and the decline of American securities in Loudon caused
a slight depression in the market here. The United States
Sixes of 1867 and 1868 were inactive demand for remittance
to London at 11,61 to 1161; but since the arrival above al-
luded to prices have declined. The Sixes of 1856 are in
moderate request at 1071 to 108; and the Coupon Bonds of
1868 at 120 to 1244. New York State Stocks arc in demand,
all offering are readily taken at quotations. The transfer
books for New York city prices are dosed for the February
interest. The Fire Loan of 1841-500,000 dots., was paid un
the 18th inst. Ohio Stocks continue in steady demand, the s's of
1863, at 104 ; the Sixes of 1846 at 1061 to 107 ; 1884, at
110 to 1101; 1870, at 1131 to 114; and those of 1875 at
1154. Pennsylvania Fives in request, hut small parcels
have been disposed of at 95 to 951 cx dividend. ludiuna
securities are wanted in considerable amounts; the State
Fives at 84 to 1141 ; Two-and-a-half, at 44 ; Canal Prefernal
Fives, at 44 ; Special Preferred Fives, at 18 to 20; Deferred
Fives, at 10 to 12; and Special Deterred Fives, at 6to 7.
Illinois securities, large tfiumetions have taken plate in the
Internal Improvement Stock at G 3 to fsi ; and in the Inte-
rest Certifitades at 30 to 40 ; the former continue to be in-
quired fur at 66, and the latter at V. Large amounts
of railroad bonds have been taken for mvestment,
and the demand for this class of securities is good.
•• Fancy," or non-dividend paying stocks, have -been
extremely buoyant of bite, and large transactions
have taken place. The fluctuations have been considerable,
yet nn upward tendency has preponderated, and prices now
stand unusually high. Foreign exchange has closed rather
heavily. The principal transactions fur this steamer have
been at 110 to 1101 and 1101 on London ; 5.10 I,n Paris.
closing flat ; bills on Amsterdam, 42 to 421 ; Hamburg, 37
371; Bremen, 80 to 804.
The Cherokee and Prometheua steamers, which arrived
this morning from Chagres, brought about 1,44)0,000 dots.
in gold. Our dealers in bullion have been busy throughout
the day in purchasing and weighing the various parcels
offered. To those who;wish to send their gold to the Mint in
Philadelphia, 1 per cent. commission is charged, insuring it
there and back, and Iti dots. per ounce advanced at 6 per
cent. per annum interest until the returns from the Mint are
received. The great scarcity of silver is severely felt, even
by our retail dealers. All descriptions of silver coin are at a
premium. This, however, has had a tendency to cheek
shipments, and we do not hear of any engagements for the
Paelfie, for Europe. A reaction may he expected in a short
time—the law price of quicksilver will enable the silver
mines to be worked to better uthantage.
A proposition is now lwfore a committee in our own Con-
gross to reduce American filler ruin 6 and 2-3 per cent. in
weight, but owing to the advance of the session there is but
little probability that any action will be taken upon it. We
annex the quotations of specie in this market.
Per cent. Valor.
Aram geld, o'd
Ditto, new lO4, to too Fiee Francs St to 971
Hall doll re lOl to 1001 Douldieas
Portnitur e gold lOO to 1001 Ditto, patriot
Srrmteh doilars..
Dam, glances lo' to 101 ltsuo, load
Mexican dollars
Data, quarters... 100 to MI Nap Alias
The receipts of gold dust this morning hail a favourable
influence upon the stock market. The effect upon the
moms- market was somewhat neutralised by the fact, that
the tide of emigration seems to have set from California
hack to the United States. How far the great disparity
between the numbers of passengers returning and going
will affect the mineral produce • sof the new state, remains
to be seen. It would appear (if we can judge from the
rapidity in which California has been losing her population
for is few months past) that this constant immigration must
soon show a marked difference in the amount of gold ',re-
duced and exported, and also in the consumption of womb.

In the money market there is no change: We learu that
most of the banks have their discount lines pretty well
OHM np, but are enabled, from prompt receipts, to satisfy
nearly all the calls of dealers.
(From Talcatt and Bmther's Circular.)
COTTON.—Our last respects were per Niagara, 13th inst.
The sales since effected ;tinount to 10,250 hales, the market
closing heavily at a decline of le. on the letter descriptions,
and to le. on the lower qualities, on the quotations last
advisll. This decline is caused by the telegraphic advices
of a decline of ie. at New Orleans and Mobile, caused by
heavy receipts and difficulty ill negotiating, and by a feeling
of disappointment also in the estimate of stock in Great
Britain, as advised per Franklin and Asia. The daily
transactions have been as follows: 14th, rAo • 15th, 1,200;
IGth, 800; 17th, 3,500; 18th, 2,450 • 10th, ; today,
.1 to GOO. Our latest adviecs from Charleston and Savannah
are per telegraph of 17th inst. " Finn, good demand,
little offering; fair, 1310. ; freight to Liverpool, 3d." Front
Yew Orleans, a telegraph to the following effect, dated Mb,
i stated to have been received : " Iteecipti, 40,000 iu excess
of dud season ; middling, 12?,e. ;" and from Mobile, of same
date, "excess in receipts, 16,000; middling, 111,:." Were-
duce our quotations to conform to the present state of our
market.

New Otlet*ns

Atlantic Colton. and Mobile. Gulf Cottons.
inferior
°refinery togoodonl- 13 to Itt ... 131 to 14 ... 13 to 131
Middling to r.... 11 mid. 13. to 131 ... 111 to 141 19 to 141
311.1.ti0: lair to nor .- to 141 ... 141 to 144 ... 14 to 14 •
run; t.Or to goo.l I.llr 141 to 13 to 1311 ... 1 to

Freight to Liverpool, 6.32nd5: 'lmre, ie.
With regard to the crop, no facts in the character of the
past season, or the results of the picking, as far as we have
a-rertained them. sanction an estimate of crop larger than
the last; the receipts, it is true, are heavy, but not so heavy
.ts we expected at the rates ruling, which being satisfactory
to the planters, would, we supposed, have caused ere this a
Touch larger quantity to have reached the ports. We there-
fore coodirm our previous advised estimate, namely,
2,076,060 to 1,1.16,000, renarking that the average extimatisi
made by the leading homet here emmard in the trade, is
2,1.5,060 bales, the range bring from 1,940 to 2,300,000. It
is true there are a few who estimate the yield at 2,400,000
and upwards, but such opinions although they may he suffi-
ciently accurate for all 'MaiMimi' purposes in Liverpool,
should neverthelcas be rivei‘ed with the same allowance ne
the Liverpool brokers estimate of stock, and the right by
those making them also be reserved of "revising their
figures" at the close of the season.
AMlSS.—ruts arc hi demand at 6 dole. 75e.; Pearls
bring .3 dols„62lc.

limcm—Tio. market h: inactive and quiet—the sales
princirully for home use. The lower gratlesTicary and diffi-
cult of sale in the absence of English orders. We quote
Common and Straight State at 4 dubs. 7-k. to 4 dubs. 8, le. ;
Michigan and Ohio, at 4 dots. 87e. to 5 &P.; pure Gene-
see, 5 dol.. to 5 doh,. ; No. 2 superfine, 4 dub,. 25e. to
4 dot'. 50e. ; Sour, 4 d, a. to 4 dole. 25e. ; Southern is dull,
at .1 dots. to 5 dub,. Gic. for Baltimore, Georgetown, Alex-
andria and Pctersburgh. stye Hour is firm at 3 dots.
and cornmeal at 3 dub:. to 3 dub. 2.k. for Jersey and
Brandywine.

CJWlN.—Whent it firmly held, with small sales. i'nnu-
dian, in bowl, 107 e. to lltk. ; Ohio, 106 c. to 108 e. ; Michi-
gan, 110 e. to 112 c. ; Genesee, 120 r. to 123 e. Rye sells ut
77c. to 714 e. Barley is wane, and brings 9.5 r. to 98c. Oats,
31e. to .53e. fur northern. Indian corn arrives slowly, and
ea, for distilling at 07e. Mr New Southern Yellow.
I'uovistoxv.—Mess pork has been sold to a nuulerate
extent at 12 12! dais,, and prime at 9 dots. 2.5 e. Beef is in
good demand ut 8 dolt. 2.3 e. to 10 dolt. rio c.; prime, 6 doll.
Saks of beef hams arc made at 61 c. Lard, Bc. to Itt: c.
NAVAL Srours.—North comity turpentine is selling at
2 dol.. 87: e. ; spirits of turpentine, 38 e. to 40 e., the latter
price for retested parcels. Common rosin, 1 dol. 30 c. to
1 dol. 40 e.; white ditto, 2 dull. hi! e. to 1 dole. Southern
pitch, 1 dol. 73 e.
WHALE OIL is dull, and bas declined considerablv since
our last ; 3,600 Mils. just received from New BediUrd has
been disposed of for home use, on private terms, supposed
about 40r., which may be considered the present market
prier.
WHALEBONE is very dull, and we know of no sales for
export since the IPA steamer, and have but to notice sides
early in the neck of 8,000145. north-west coast at 37e.
L,
FUTIOTITA are dull. To Liverpool: Cotton Rd.: flour
&I. To Havre: Cotton /c. bleary goods have been taken
for Liverpool at 10'. to 13v. To London there is but little
offering. and we have no alterntiou to notice, in rates. 'To
Calib,rnia clippers are loading at 1 dollar.