The Express.
London, England, 1853-04-11 00:00:00

COMMERCIAL INTELLIGENCE.

The commercial news brought by the Canada is of a
favourable character ; a marked improvement is reported
in business affairs generally. At New York the bloNny
blitaxEr was easier, and cash could bo obtained at lower
rates ; business deo at that port had been very brisk, with
large transactions both for the home trade and exportation.
The market for American securities had improved, and the
business done both in government and state stock was
largJ, and at advanced quotations.
In the COTTON Market at New York there had been but
little doing ; holders did nut press the staple on tho market,
and the quotations reported by the previous st-amer bad
been fully sustained. The advice* taken out by the Asia,
which arrived on the 25th, were of an unfavourable charac-
ter ; they were, however, counteracted by the reported fall-
ing off in the receipts of cotton at the southern ports, which
up to the latest accounts are stated to be 440,000 bales more
than at the tame period last year. The latest reports from
New Orleans mention a market dull, and prices declining.
On the sailing of the Canada the quotations were :
Atlantic Other
Port. Florida. Gulf Pons.
Inferior nominal. nomina'. nomiaaL
Ord low to good Bj, 9j, to 9e Cl, 91, to 91 01, 9), to 9.1
Mid low to good. 91, 10f, to 10e 9/, 10f to 10/ 10, 101, to II
, Mid fair to lair

Ix BREADSTUFFS there had been but little Change :
Flour, State and Western brands, being less freely offered,
with a greater demand for home use, and shipment prices
were a trifle firmer. The latest quotations are:-Western
Canal, 4 dots. 3.5 c. to 4 dols 37p.; Good State, 4 doll. 4310.
to 4 dols. asp. ; Mixed Indiana and Michigan, 4 dots. 50c.
to 4 dots. 561c._; Common to good Ohio 4 dols. 561 c. to
4 dols. 81p.; Fancy Genemee, 4 dole. 7ges. to 5 dole. Ca-
nadian dull, and prices nominal. Indian Meal: Jersey
commands 3 dols. to 3 dole. 12ic.
GRAIN.-The demand for wheat is heavy. Genessee is
quoted at 1 dol. 18c. to 1 dol. 20c. per bushel. Indian
corn, round yellow, 64c. to 66c. per bushel ; ditto flat yel-
low, 57c. to 690.
For PROTIBIONS there had been a better demand, with
steady prices, both for the horns trade and for exportation.
Mess pork is quoted at 151 dole. ; prime, 14. Lard, 9to
91. Beef, pnme mesa, 20 dole. Cheese, lic. to 9c.
EXCHANOL-The business done in exchange for the
Canada was light and the market quiet. The quotations
were-on London, 109 to 109; ; Paris, 5.14 ; Hamburg,
361 to 361.
Faxionnt.-But a limited business has been done, the
rates being-To Liverpool : Cotton, id. to 5-16 d. per lb.;
grain, 6d. to 61d. per bushel ; flour, 23. 90. to 3s. per
bushel. To London : Flour, 2s. 9d. ; naval stores, 31. 6d. ;
tobacco, 31s. 6d. ; lard, 271.6 d.

The Hermann, which arrived at Cowes on Friday,
on her way to Bremen, brought intelligence of
another " outrage " by the Spanish authorities
against the American flag. The following are the
particulars, as given in the New York Herald of
March 26:
The schooner Manchester, of Baltimore, Capt. Sterling,
which arrived at Charleston on March 24, from Kingston,
Jamaica, Informs us of one of the most high-handed out-
rages upon our flag that has yet been committed by the
loyal subjects of Queen Isabella in Cuba.
According to Captain Sterling's account, which is au-
thenticated by his consignees, he was peacefully pursuing
his course homewards trona Jamaica, when, on the 15th
inst., off the island of Cuba, and about twenty miles east
of Cape Antonio, ho was boarded by twelve armed men,
under the command of a negro second lieutenant, from a
Spanish cruiser of 12 guns, who took possession of the
vessel in spite of his remonstrances, and carried her inside
the reef there. They then demanded the schooner's papers,
which the captain had to take on beard the cruiser for exa-
mination. The Spanish commander was even going so far
as to break open the letters of the consignees, but desisted
when Captain Sterling insisted upon his returning them
intact. They also broke open the hatches sad took out
about a third of the schooner's cargo, but, not finding any
ammunition or guns on board, put it back again. This was
done after the papers had been examined and found correct.
After detaining her 21 hours, anchored close under their
guns, the schooner was allowed to proceed and get out of
the reef the best way she could. This, however, was not
allowed until Captain Sterling had promised to satisfy a
demand of 30 dollars for safely piloting hint inside the reef.
The only excuse given for this wanton injustice was their
suspicion of her being bound to Cuba with arms for the re-
volutionists.
. . . . .

The boarding officer gratuitously informed Capt. Sterling
that it was utterly impossible, owing to the stiiet guard
kept, fur any one to attempt to surreptitiously land upon
the Conan coast, and that any one caught in the attempt
would immediately" have a rope around his neck," a hint
of what probably might have been the fate of Capt. S. if any
article they could hare construed into " arms "or " ammu-
nition " had been found on board, . .

In justice to our name and character as a nation, it is
necessary that. such outrag's should be immediately
checked. If immediate notice is not taken of this at Wash-
ington very serious trouble will possibly ensue, •as the
Spanish nathorities have a Seel of twelve men-of-war conti-
nually erusiiig around Cuha, to intercept real or pretended
sop;.!!: a for the malcontents on the island. ae commanders
of which will gladly seize hold of the slightest shadow of
suspicion as an excuse to molest every American vessel they
may fall in with, to gratify their combined fear nod hatred
of tbu Americans.