The Express.
London, England, 1849-12-25 00:00:00

drum, exciting the ridicule of one Witter country, and tu
tesomilication of the other. His amuse with regard to the
United Butes war Musser' and the 'fain of Cuba, nen
have boas strictly according to law • but it was that law if
narrow-. Added pettifogging and ohiolete Ideas, which is fa
conflict with the national feeling, the nations' &anetw.
sod our national progress. It was a sort of diplotnatie
cm. fishing, or backlog out, which appears only the worn
from the blustering with Poulain. Over them points the
pensident may pass smoothly sad softly, without committing
himself one way or the other.
The Indian troubles in the Canadian districts on
Lake Superior are saidto be over.
A telegraphic despatch, transmitted by our agents
from Washington to 'Halifax on the day the steamer
touched at the last mentioned place, informs as that
at the forty-first ballot for speaker, which bade jg
taken place, there were 29 candidate.; Winthroplad
50 votes. He declined standing, and recommended
Vinton, of Ohio. There was great excitement in the
house. The coroner's inquest on Ulf murder g
Boston resulted in a verdict of "Mulder" agginit
Professor Webster.

COMMERCIAL AND MARKETS. • •
waW TORE, DEC 88888 12.
This estimated expenses of the government for the ,
7isarertellmAluna, 1551, are placed at 51,000,000 dolt, Indian.
fur the payment of interest on the mike nett, akei;
=dos Mexico, and the expense of taking the pas, vbs, .
6814110000d01L,8 agswhlhmatedwill athav3esA°Nto linnetd°l"4.lbildthar by saki: Lit •
Mae of treasury notes. Should the berm mane be permed tem
Y as doubt whatever that a 20 years a per sann loan, with mom&
amid feIOILOO, be taken at par. The manitainty of the num—a
=ale he MIS man has, however, he Etthi effect upon the snae
inlaind Geeenleeelli ihowidok, both Oarhoused
Sums= seem; le good. sad the soma caring etaall is rem
of dm temsfer bads balm cleaved until the Ist off
tree bet bees gawked aselvity in bank and tasumnee stoge.
dosed Igf Sr pleite/ie bola and large dividend. pept
dtulage gnat. Eared stacks have also been sold extolls&
at i nigh, particedarly than! of the Hatless Reads&
Erie Cappsnies; the latter is doing a pod buslne.s, mien
the Seal of sast made will pay the anni.annual interest 9 per mil
oa about SAWN dabs.
The awn et Soda England has ceased, and rates have fallen to
per. on pima the steamer Crercent City arrived *kb put m
gbe gegglemegbd try t Califon". steamer which left San FrelVeo3 on
the lit d ffnenber, and on Sunday the steam ship Ohio leached here
ale with • essiderable amount. It is estimated that dare two vi.
MM bee 1,00,000 to 1,500,000 dole. in value. Eves with tay
meaty mew to our stock of precious metals, it Is problermakei
whether wan not Somers in the end, as for every dollar ree•ive4 he
gold we sea boot eve in ships, cargoes, stone, outfit, and mem
It Is calculated that there are now 25,000 people at the mines, mg
that 2,500,000 des. per month is gathered. The total export asp ts
the latest advice. was estimated at 20.000,000 dots.
Sotwitkvtanditm there is more demand form anaesthetises
then at any period since the movement of our staple amides of
agriculture this fall, the market Is well sapidi with capital at sem
yak... It bee been customers, at thin Newton of the veer. to witness a
larger demand than supply of coney, but up to this tine we res
exempt from such a state of things. Leans, on call, are made at 4to
5 per cent. The discount houses are well suppled with paper, end,
of this city, Philadelphia, and Beaton, and a large amount of firt.dan
names ison the market. The rates reap frem 6 to 7 per Ent, by,
cording to time. Fair paper can be bought from ato9 , er rent per
annum, but the bulk of the business now done is at 7. The Is, km,
doing all offered by dealers, and many of them will take paper at spa
cent-from other than dealers.
The supply of foreign exchange is ample, and rates are lower, dos.
%It navyrr, at mar quota
_dons:
11.—The demand socked in retried per Caledoeitt, of ;ratan.,
continued active at Andy prices until Saturday, the 6th out. The die.
stion to await the Europa's advice', fully due, then checked Ike
airy ; and on their receipt on Monday (their tenor brinedi g.
tine prices declined ge., with a limited business and woad ewe.
tity Wining. We have reviled our quotations to conform as nearly
as possible ta the existing state of the market. bales from the Srd
date, inclusive, 7,1100 hales chiefly for export.
Duda* and 1,7.0., Tem.
Upland.. and Mobile.
Inferior
Ordinan to good ordinary 9l to 10 10 to 10a
Middlingto good mid. lO6 to 10 106 to 101
Middling fair to fair lOl to 11 111 to 116
Fully fan to fine
The market is well supplied with qualities ranging fro= o pop
to " tully lair." but the lower descriptions ranging from "Janice
to "middlinr ate IMMO.
The new Lplanda reriourly interfere with the better rides of Mo.
bile and New Orleans, being equal in Maple, superior in colour, sat
freer from leaf ; "Fully Fair," therefore, of the former etllfe me,
readier nle then the same description of Mobile and New Orlwas st
11l and The bulk of the trassactions effected daring the pen
week has been in Gulf cotton' at 106 c. for " low middling," and Itin
for" middling fair ;" and in Uplands at 101 c. for " goollorde,r
and llf e. for " fair." The quotations per Europa give a margin at 14,
for shipments at present prices, based on fd. freight end "icier es,
change, bat shippers will continue to act cautiously until edvieed by
later arrivals of the full effect produced abroad by the
creased November estimates and the heavy receipt. at the peen
we anticipated these receipts fin the reason resigned in our (Arran
of the 13th ult., per Ilibernia, and although we are not prepared to
deduce from them an estimate of the aggregate yield, and are more
than ever satisfied of the correctnese of our early estimate, no., Tim
2,150,000 baler, still they have weakened public confidence in mon.
rate estimates, and checked the speculative inquiry which picrstaly
caided. The estimates here range as follows:
For New Orleans 550 to 950
„ Mobile 4OO to 425
„ Florida
, Atlantic States ......... 650 to 725
„' Texas

2,100,000 2,350,000 1
In distributing even the largest quantity, it will be apemen thet,
the supply would be inadequate to the consumption of the word Oils
present rate. We close these remmks, asking your attankei to the
lolhwing extract of a letter, in answer to inquiries respecting the
crop. It is Irom a candid ant intelligent merchant. anl plania,a
gentleman of great experience, whose views are entitled to wash.
ration.
Cossaw, S.C., Dm. 3,1849.—As to the crop of cotton, I villein
you my opinion. Strike a line from this place to Camden, theme to
Womble, Augusta, Macon, Coluinbus, Geo. Wetumpka, Tuna:cos,
west
to Mist., thence up the TombighZe river 30 miles, cod tha
weet to the Mission, pi river. From the b information Una I ban
been able to obtain, the region of country north
nothis iine Montle
cotton is grown, the crop is a good one :I do mesa that ilk*
extraordinary one. South of this line, from this to the Chetahs*,
probably nearly twenty per cent below last year. West of that rim
the falling off is greeter. in all the region north of the above Its ths
late frost and fine season for picking has had its effect. In meek d
the sandy land and ell that country where the boll worm mined, it
made little or no difference. In these sections the crop is all !atheist.
NAVAL Sroxes.—Rough turpentine Is held at 2 50 dolls., In
buyers refuse to pay that price. Spirits of turpentine is firm, with
saes at .36f eta.; 37 is now asked, and 36 offered. Roan I dolls
1 doll. 10e., for North County and Wilmington; pitch, dull. 50e. dt•
livered; tar 1 doll 75c. a 1 dolt 874 c.
Paoennoess.—Beef is dull. Mess, 8 doll. 50c. • 8 doll. Isc; PSIS
6 doll. a 6 doll 50e. The transactions In pork have been sociente—
IDON, 10 doll. enc.; prime, 8 doll 56e. • 8 doll. Mc. lard farad
demand—barrels, 6f a Stets.; kegs, 611 a dicta Cheefte, k a kis.
Weetern butter is plenty—good dairy is selling at IS a 1; eta;
Ohio, 9 • I7ete.; pew, 6 a flew.
APIIES.—Pota are in good demand at 6 doll. 611 e. a 6 doll. Ole. Ter
10010 x. ; pearls, 6 dolls. Slick.
Wooc.—There is still a good demand for South Monk" and
sales whiling two days have been made of ISO bales washed Fates
Ms at 14 a lie. par lb., and 100 Inks washedCordava at 20a 21a, dx
menthe. Omani° is wet brisk, but prices are the lame as quoted.
:Bye merlust generally is Arm and steady.
I Maven—lour marfiet remains steady, without any change of tob
I aunt. The lower pada, which are generally dull in the Owe d
my expert 6=04 are a trifle lower, whilst the better kinds
easel
, alt.
We for the home trade, are less fluctuating. The season or
navigation ia this State closed on the sth inst., leaving us rather a
Inge cola, now estimated at 600,000 to 700,000 brie. & all bib
e
which is an Increase en former calculations. The receipts Iros
Eric Canal at tlde.water this season to the 22nd Nov. was 2,593,631
brio. flour, 2,486,414 bushels wheat, 5,031,583 bushels Indian earn;
and at this city to the 25th Nov., 1,916,800 brk.. flour, 779,419 kids
wheat, 3,253,062 bonnie Indian corn. From Montreal tbe mans
this year to the 16th Nov. have seen 175,958 beta dour, 18,372breheis
wheat. The exports from this city to Great Britain and Ireland IT
the fortnight ending on the 4th Dec. were 10,115 ties. Sour, 14,463
bushels wheat, mostly Canadian, and 7,930 bushels corn.
Famours.—There has been a smell Improvement, with engagements
at Is. 9d. per be. on flour, and sto lid. per bushel on grain toLiser•
P7Ol.
theans.—Fer wheat there is some inquiry at about former pries.
Genesee white selling at 122 e. to 125 c.; good Ohio 108 c. to 1124
Cambia in Bond 10k. to 105 c. Rye is lower, witk sales, et Me. to
59c. Barley is firm at 60e. to 65e. Oats are easier and bring ge. is
47c. for Northern. Indian corn continues heavy. with little or is
demand for export; old mixed Weeders may be quoted at or
59c.; flat yellow 580. to 59c., and round yellow 59c. to eoe. TM rest
I sells at a kw cents -Ws, but is not yet At for shipment.
of