The Express.
London, England, 1857-12-24 00:00:00

UNITED STATES.

RESUMPTION OP SPECIE PAYMENTS.

SOUTHAMPTON, WiDWIRDAT Nunn.

The steamship Fulton has just arrived here with
the American mails, and advices from New York to
the 12th inst.

Amongst her ccrgo is specie to the value of
427,000 dole. for England, and 124,000 doll. for
France.

Amongst the passengers is Lola Months, on her
way to Paris.
The news from Mexico states that the position of
the government had improved. The reactionary
force had been defeated by the government troops.
Comonfort and the Supreme Court were formally
installed. The port of Navidad had been declared
open to commerce.
The tendency of prices in the New York stock
market was downward.

A number of bank officers at New York had met,
and resolved to resume specie payments in full on
all their liabilities. This resolution was prompted

that the Bank of America, the
Bank of Commerce, the Manhattan and National
Banks had resolved to resume payment on the
13th instant.

by the

The total specie reserve amounts to 28,000 dole.
The deposits have not increased much during the
last two or three weeks. The suspension of specie
payments is now rather nominal than actuaL "The
banks pay specie ever their own muter for bills and
small cheques, and the community gets along very

well with that. When business revives, it will be a

more difficult matter to carry on the operations of
trade without a general resumption."
The Secretary for the Treasury has proposed to
supply an issue of treasury notes not to exceed
20,000,000 dollars. He also proposes the passage of
a ooaspulsory Bankrupt Act, by which insolvent banks
and rwlway companies may be wound up, whether
they like it or not.

There his been a skirmish between Colonel
Alexander's forces and the Mormons. A large force
is sent against the latter, and a protracted war is
considered inevitable.

The amount in the Treasury is 8,000,000 dollars.
The receipts for the week ending the 7th imt. were
about half a million of dollars.

Fitzpatrick had been elected President of the
Senate. All the democratic candidates for officers
of the house were elected with great unanimity.
James L. Orr, of South Carolina, wu elected
Speaker.

The President has dismissed Stanton from the
secretaryship of Kansas, for calling together a
special session of the Lecompton Legislation. General
Gender has been appointed in the room of Stanton.
The Senate has confirmed the appointment. The
debate was looked upon as a trial of the strength of
parties with reference to the Kansas-Lecompton
constitution, and the position of the President
thereupon.
Walker, it is fully expected, will be dismissed.

Owing to the mild weather the canals were not to
be domed before the 15th in-t.

The amount and value of American produce re-
tained in the interior at the close of this year will
be the largest ever known in the history of the
country.

,
In the New York markets, cotton sales were
limited; the dealers were waiting the arrival of
oreign news.
In freights, rates were firmer for grain to Liver-
pool.
In the New Orleans cotton market the sales were
3,000 bales, at slightly lower prices.
Sugar was firm and corn active.
Freights were drooping. Exchange on London,
103 to 106.