The Express.
London, England, 1860-11-23 00:00:00

001MERCIAL INTELLIGENCE.

NEW YORK, Nov. 9.

The money market is stringent. The minimum rote for
loans on call and abort paper is 7 per cent. Foreign ex-
change flat. Excellent city balls are sold at 107 f for
sterling. All kinds of stocks have declined from
1 to 2 per cent. State stooks are all lower and
premed for sale. The market closed heavy. New York Cen-
tral, 79j to 90 ; Erie, 33}; Pacific Mail, 93 to 931 ; Michigan
Central, bin to 59f ; Illinois Central alma, 6 to 70 ; ditto
Bonds, 93 to Mi. Cotton Wee today, 1,000 bales middling
Uplands at llfe. Flour steady and active. Wheat in re-
quest. Pork firm. Sugars heavy. Coffee steady. Freights
unaltered.

QI7BENSTOWN, FRIDAY.

The Liverpool, New York, and Philadelphia
Company's steamer Vigo, Capt. McGuigan, from
New York on the 10th Yost., has arrived. She
brings 117 passengers, but no specie. The Ameri-
can ship China, from Mobile to Liverpool with
cotton, has been burnt at sea. The crew were
saved.

THE NEW AMERICAN PRESIDENT.
(From the Nao York naiad Nov. 10.)
- - -

From the highly interesting special despatches
from various points, which we publish this morning, it will
be seen that the disunion feeling in the South has already
reached its culminating point, and that a calmer condition
of the Southern mind is gradually being attained. Even in
South Carolina, according to our latest accounts, the
people are not, so ready for extreme measures as we were
led to infer from the first intelligence following the know-
ledge of the suocees of ➢fr. Lincoln, and, of course, unless
South Carolina takes the lead, it is not probable that

any movement towards a disruption of the union
will be made in any other quarter. A despatch from
Columbia, received yesterday, announces that a bill
bad passed the senate providing for the calling
of a state convention to consider the subject of secession,
but fixing the Bth of January as the day for electing dele-
gates thereto, and the 16th of January for the as.
sembling of the convention. The house may insist upon an
earlier day, but there is evidently a disposition not to be too
precipitate. From Washington we learn that the Prise-
dent and cabinet held a meeting yesterday, at which
the condition of attain in the south was discussed. Presi-
dent Buchanan, according to the despatch of our corn►-
poodeot, is confident that South Carolina will leave the
Confederacy, but not during his term of office. Should
the irus, however, be precipitated before that time,
he believes it to be madness to attempt coercion, as that
would have the effect to disrupt the whole union.
It is understood that Secretary Cobb alone excused the ex-
treme position of the Palmetto State. The hope was
generally entertained that, even in case she saw fit to
secede, the cool judgment of the best men of
the South would prevent any such action on the part
of other states. At any rate, should South Carolina
annul the resolutions by which she adhered to the
Federal Constitution, she will be let alone by the present
administration. It seems that the rumour of the resigns.
tioa of the collector of the port of Charleston was untrue,
but that the federal judge has resigned, as dated. No
effort will be made at present to fill the vacancy, as the
only embarrassment ocoaaioned will be felt by the South
Carolinians themselves.