The Express.
London, England, 1862-02-10 00:00:00

LATEST INTELLIGENCE.

(REM'S TZLZOBLIII
AMERICA.

QUEENSTOW)I, MoPDAT.

The Royal Mail steamship Arabia arrived here
at 1.90 a.m. to-day, with 39 passengers and 254,000
dollars in specie.
She landed 84 sacks of mails, and proceeded at
1.45 a.m., all well.
The Arabia was to have left New York Jan. 29,
but was detained until the morning of the 30th by
fog. -

NEW YORK, JAI. 28, EVINING.
(Per Arabia vid Queenitown.)

General Burnside's expedition, consisting of over
125 vessels, arrived at Hatteras between the 12th
and l'ith instant, where they experienced terrific
weather.

Misapprehension existed between the leaders of
the expedition as to the depth of water in the inner
bar at Hatteras Inlet. The steamer City of New
York, with a cargo valued at 200,000 dole., struck
on the outer bar, and was totally lost. Several
other vessels ran ashore, but only three lives were
loot.

Dates from Hatteras Inlet are to the 26th inst.,
at which time nearly all the vessels had crossed the
bar into Pimlico Sound.

The New York Evening Post affirms that it is
rumoured in Washington that the Secretary of
War had instructed General Lane to arm the
slaves, and to employ them in military occupation
against the enemy.
It is reported that the Confederates will devote
their exertions chiefly to placing obstructions in
' the way of the progress of the Federals to Norfolk.
According to a Richmond despatch General
Beauregard has left Manassas to take the command
at Columbus, Kentucky. Gustavus W. Smith re-
places him at Richmond.
Another Richmond despatch considers the Con-
federate defeat at Mill Spring even more decisive
than is represented by Northern accounts.
The naval committee of the Senate has issued a
report strongly censuring the Secretary of the Navy
for appointing Mr. G. D. Morgan to purchase go-
vernment vessels.
It is reported from Augusta that more vessels
have been sunk in Charleston Channel. _ .

The New York papers defend the plan of sinking
vessels at the entrance of Charleston Harbour,
stating there is no proof that they cannot be raised
at the termination of the war, and attributing the
remarks of the European press on this subject to
a desire to find a pretext for interference in the
American struggle.
General Fremont has demanded a regular mili-
tary trial.
General Gorcuria has strived at Washington on
important business from the Mexican government.
NEW YORK, JAN. 29, MORNING.
Mr. Spaulding, from the committee of ways
and means in Congress, has spoken on the Govern-
ment Demand Note Bill. He argued in favour of
the constitutional power of Congress to issue
demand notes, making them a legal tender, if the
war continued, until July, 1863. " The public
debt," said Mr. Spaulding, " will be 1,200,000,000
dollars, including the floating debt." This estimate
exceeds that of the Secretary of the Treasury by
300,000,000 dollars. Mr. Spaulding urged Con-
gress to use their power of taxation so that the
whole property of the country would be held for
their redemption. He said that an early and
successful advance of the army was of the utmost
importance, and that the passage of the bill was
necessary to sustain financial credit and prevent
foreign interference.
It is reported from Cairo that the Confederate
General Jefferson Thompson has been captured.
Great excitement prevails at Newbern iu antici-
pation of an attack from General Burnside's expe-
dition.

Roanoke Island has been fortified.
The New York Times states that the report in
Congress ou the Canadian Recipocrity Treaty will
suggest many changes, making it more favourable
to the United States.
The Glasgow, North American, Europa, and City
of New York have arrived out.
The City of Manchester sails for Liverpool this
morning.
It is reported that the privateer Calhoun, being
chased by a Federal steamer, was abandoned and
burnt.

NEW YORK, JAN. 30, Rowse.
Two divisions of the Federal army are moving on
Springfield.
Letters from Port Royal indicate the probability
of an early attack on Savannah.
Congress has passed the bill authorising the
President, under certain circumstances, to take
possession of railways and telegraph offices.
Mr. Gurley has, in Congress, strongly denounced
the inactivity of the army, and said that he con-
sidered it impossible for one man to command effi-
ciently so large an army as the present Federal
army.
The New York Evening Post says that it will
be proposed to pay interest on government notes in
specie.
The house committee on foreign relations has
authorised contracts of 500,000 dollars for the
manufacture of ordnance for the coast defences of
Massachusetts.

COMMERCIAL INTELLIGENCE.
NEW YORK. JAIL 28, Evvrixo.

Money easy. Exchange very dull at 113 k.
Gold slightly firmer at 1031. Stocks lower. New
York Centrals, 83/ ; Erie, 341; Illinois Central,
fill.
Cotton firm and advancing; Middling Upland,
33c. Flour unchanged. Wheat dull. Corn steady.
Provisions quiet. Coffee steady. Sugar well
inquired for. Molasses steady.
NEW YORK, Jar. 29, Evirunto.

Money abundant. Exchange is dull and un-
settled at 1131. Gold is quoted at 31 per cent.
premium.
Stocks firm and advancing. New York Centrals,
; Erie, 35/ ; Illinois Centrals, 621.
Cotton slightly firmer. Middling Upland, 33c.
Flour dull. Wheat inactive. Corn heavy.
Provisions quiet. Coffee very firm. Sugar
unchanged. Molasses steady.

LIVERPOOL, 801FDAT.

The Montreal Ocean Mail steamship Hibernian,
Captain Grange, from Portland, Maine, on the
27th, arrived in the Kelsey at 10.40 this morning.

The New York Times despatch from Washington
on the 27th ult., says :—" Raysokla, the agent sent by the
deceetery of the Treasury to Port Royal, bad a long inter-
view with Secretary Chase last night. He says he has
already secured about a million dollars' worth of cotton ;
he
has now in his employment about 3,000 negross, who are at
work on different udsads gathering cotton. They are
badly clothed, and one of the objects of his mission is to
procure 3,000 or 4,000 suite of clothe*. He also wants four
or five good physicisus. He says the Degrees work very
well, and attend to their labours properly."
Delegate* assembled at Great Salt Lake city
on Januery 21, and drew up a stale conetbutios. Utah
" demands admission into the anion."