The Express.
London, England, 1857-11-19 00:00:00

UNITED STATES.

Upon the present state of commercial affairs at
New York the New York Herald remarks :
During the yank which so serfooaly didurbed.the n-
ehmen, in the interior, several dry goods sad other hares in
Went rather than submit to the emonnons preminne
at the West for gold and for drafts on ihw Yak,
crewed meeittanoss to be made in wheat and other prelen
much of which has recently arrived and turned wet wed.
A shipment of spring wised, bought in Chicago, and for-
warded to a dry gosh nun in this city as • rennin, we
sold on Thursday MI del. per bushel. It was &Wed at
Mose da the lith of October, the day on which the New
Tisk lain who gold in Chicago was at a
modem at =re coat. and sight bills on this city
Bond WI 1M3133 Nag plea. The ante yielded • sum which
dalip phi the illitents d redone, or proved equal to •
figliddielt A pelt. Had meehints gone more freely into
this midement ink in the se en It would have worked well
• ora sessoneL• • • • •
Theiemily of neldelleg meamercial credits has bun re-
need k en ea kimsd
_end it le on of the premidig
/rthe those thee the Wpm' is receiving the Mendes
heum whose Insaide sea immedimely indents M. The
Issedwere dealers of this ay bell • meting 'midday, sad
• remold we adopted to eel on thee wenn milt eller the
let etJ next. Lore from Arden the deb la Phi-
ledelphie, Albany, end Draton, era a wil-
Innen di co-nerds with the New York none fa We
. movement, were reed. The haidwere, Iron, Mad, and
oagri-
cultural leepidnat dialed of Boseendseld • the
344 fastest, sad passed • resolution declaring tin is en-
=:ei shorten the various taw of credit given by the
of trade represented. The tobacco dealers of Boston
have ale agreed upon • restriction of the credit systems.
The following IS front the New York Times :
Farrar, Nov. 6, Y.IL.
The stock market canines Ind and • farther advancer
was hid to-day on most desteiptioss, to the mint of Ito I
per met. The improvement fa the road shared sad is. in
state stoats, has been very general, end the orders et the
N
are unusually wail distributed. Tho speculation is
New York Central is, wham, the most impudent In the
=edn of the day tranaectione, shisengh se gabs larp
was . shown to-day foe Benin aerie. The
highest fraction reached by the former wee 701 percent.;
for the latter 33 per cent. Rock Island touched 711 ; Gdns.
70; Michigan Southern Preferred, 30; Delaware, 9e; Vir-
ginia Sixes, 84 ; Psnama, 77 ; and Erie, 141. At the after-
soon seseds of the brokers • fair amount of bodoem wee
dose, but the market not quite so buoyant an In the icenoen,
The board is pretty equally divided on the movement he
the advance in prices, and the coated to particularly spirited
in Now York Central. It is stated in a morning paper that
the sellers spied the rime are offering the February dividend
et
3pm ant. belied of 1. Of course, this is a mere wages
for abet. There is nothing in the condition of the work, tee
teeth; orlts stele of operating espouses (recently cut down),
to methane the rumour or expectation of dimuihnd half-
yearly addenda. The difference between • prom manual
Week of 61 millions in sous 8 millions in 1857 is only •
quetion of. contingent The dividends have been
nikewily 8 pee cent. • year ever since consolidation. The
demand for Reading was mincipally from Philadelphia,
wind it is dated, proposition have been made for funding
the preming hthilities of the company. The inquiry for
Slate 'hooka la • wry deny one, sad principally for invest-
ment hare, did on orders from abroad.
The Heide, of the Collins line, is the Liverpool steamer for
Saturday. The business in exchange for this opportunity
Ina principally at 108 to 109 per cent. 60 day bills, and
some gold sovereigns have been bought in lieu of the higher '
ewes demanded for sight bills. The shipment will be
about 200000 dollars. The gold due to-sight, from the Ca-
nada, at Boston, U in English coin, will probably return im-
mediately by the Peen, to mil direct on Wednesday next,
an it to not waned ben at present, sod the supply of Ame-
rican coin is more then equal to the demand for trassmtarion
to inmates pods. The inquiry foe exchange at or near the
specie rate is not large, bet owing to the beetwerdnem in the
odds movement the selection of drat-ekes Mlle is meowed
to a few names on the spot. The Canadian drawers were
holding to-day for 109 permed. The money market is with-
out important change, and the beak movement in the way of
discount* this week favours an increased line of accommoda-
tion. The broken quota gold 1001 to 1001 buyers, 100$ to
101 sellers. As much as 4 dots. Soc. was paid for sovereign
to-day. Philadelphia funds, 90 to 96 per omit.
The result of the election of the State of New
York, according to the Herald, is now " a fixed
fact." The democratic State ticket will have a ma-
jority of over 10,000.
In Massachusetts, Banks, republican candidate for
Governor, had a plurality of 23,000 over Gardner,
" American," or • Know-Nothing." Both branches
of the legislature are republican by large majorities.
In Maryland the candidates of the American party
have been successful. In Baltimore there was con-
siderable rioting, and several persons were seriously
injured ; but, considering the notoriously turbulent
character of a portion of the population of the city,
the day passed off quietly.
The election in Wisconsin has resulted in the
choice of Randall, the republican candidate, for
Governor, by from three to five thousand majority,
and a republican majority in both branches of the
legislahue.
MEXICO.

The Mexican intelligence is important. The go-
vernment has contracted with several American
bankers for a loan of 1,700,000 dole., to be received
on the let of December, to be repaid in forty-seven
years, in annual instalments varying from 48,136
dole., which is the smallest, to 391,906 dole., which is
the largest, making a total amount of 5,053,486 dole.
When the stipulated loan is paid in the government
will issue 100,000 certificates of 20 dole. each, which
will form a scheme for fifty-seven lotteries, in each
of which there will be the following prizes :—One of
20,000 dots., one of 2,000 dole., two of 1,000 dole.,
two of 500 dela., nine of 100 dole., twelve of 50 dole.,
twelve of 45 dole., and several smaller ones. In the
first lottery there will be a prize of 25,000 dole., and
in the two following ones three prizes of 3,000 dole.
The government will pay the prizes, and assigns for
that purpose the unappropriated duties collected at
the Vera Cruz Custom-house.

BRITISII DESPATCIII: IN AtaTßlA.—The Times
states that aconvention has been made with Austria, by which
Her Britannic Majesty's Government gives the samirance
that their telegraphic correspondence and that of the Nag
India Company shall be exclusively carried on by the tele•
graph line of Alexandria and Corfu, and that as long as the
lies is open (hey will never themsttres open a lion in cons•
petition a that direction." In nu rare, whatever may be the
nature of the intelligence or the Importance of the crisis,
will the British and Indian governments communicate ex-
cept by an Austrian line, controlled entirely by Austrian
otticieln. In no awe will the government glo any encou-
ragement to a British line in the same direction, whatever
may be the wants ad the community or the interests of the
state. While the government bee had offer. from every aide,
and might have established two or three lines of communica-
tion, it has rejecied everything in order to advance this
project. The favoured line is • concession made
by the Viennese government to Mr. Brett. Mr.
Brett Is also to construct the line from Corfu to Malta and
Cagliari, which may perhaps explain the consent of the Trea-
sury to send telegrams by this route also. The Treasury
recotomended the plan of using this line exclusively if Mr.
Mitt should obtain the concession, and the Austrian go•
vernment would not make the concession without a convect.
lion between the two governments to the effect that England
would use the line eithlwiVely end in perpetuity, would her-
self quake a line from SW, to India, and would bind herself
to construct no competing I:ne. The only demand which
was objected to wee that the messages should be sent from
Cork exclusively through Ragusa mod Vienna. This was
refused, end Mr. Brett's other telegraph by Cagliari end
Marseilles will have a share. We (Tioses) Wine that more
than one person of high position and extensive knowledge of
the sOject has protested against what bee been dons, and
we trot that at the meeting of parliament the whole matter
will be sifted with the closeness which its importance de-
mands.
It is stated by the If Independent that
Mr. W. J. T. Clarke, M.L C., one of the largest landowners
in Victoria, has just purchased, for the sum of 160,0001.,
300,000 acres of land in the province of Otago, New
Zealand.