The Express.
London, England, 1861-03-28 00:00:00

COMMERCIAL INTELLIGENCE.

NEW YORK, I[iaca 15, 6 P.Y.

The New York market is eager. Thie banks are actively
competing with the discount brokers far mercantile paper.
Choice names have been pained at 5 per cent. Brokers
are borrowing at 5 per cent. on call. The foreign ex-
change market is more active. Bankers have raised
their rates for bills on London to 1061, and oa
Pans to Mr. 30c. The stock market is steady. The
demand far treasury notes and government stocks increame
daily. New York Central closed to-day at 781 to 781 ;
321 to 321; Illinois Bonds, 981, 99. Cotton tirm. Balsa : 900
bales ; middling upland, Ilk. to 12c. Freights unchanged.

NEW ORLEANS, MARCH O.

Bales of cotton to-day, 6,500 bale& Middling, 111 c. to
12c. Sales of the week, 48,000 tales. Mock, nearly 312,000
balm Freights for cotton to Liverpool, id.
LONDONDERRY, WIDNESDAT.

The Montreal Ocean Company's steamer North
Briton, Captain Borland, front Portland, Maine,
on the 16th inst., has arrived, and landed all mails
except those for Liverpool.
The Etna and Arabia, from Liverpool, had
arrived out.

The late nominations of President Lincoln had
been confirmed by the Senate.
Governor Houston had refined to recognise the
Texas Convention, considering that its functions
ended when the secession ordinance was passed.
He proposes that Texas should join the Southern
confederacy.
The Convention claims full powers, and will dis-
place Governor Houston if he maintains his refusal
to take the oath to the State. It was rumoured
that Governor Houston was raising troops on his
own account. The new Southern tariff will come
into operation on the Ist May.
Compared with the United States tariff, 30 per
cent. duties are reduced to 25 per cent., and 24 and
19 per cent. duties to 15.

The tariff also contains a large 10 per cent. sche-
dule, and a small free list.

The Alabama Convention bad passed a resolution
varying the permanent constitution of the Southern
Confederation by 87 to 6 votes.
The Supreme Court had decided the great Orleans
case in favour of Mrs. Chimes, giving her the pro-
perty of the late Mr. Daniel Clarke. She gains
10,000 to 15,000 dollars by the decision.
Captain Hill had surrendered Fort Brown.
Advises from Vera Crus to the Bth state that the
British Minister had recognised the Juarez govern-
ment.

Havannah advice were to the 9th inst. Easiness
in sugar was more active. Stock, 160,000 boxes.
No. 12 was held for 4 Teals. Exchange on Lon-
don, q.

. (azom's Tarawa.)
THE ITALIAN CHAMBER.

IMPORTANT SPEECH BY COUNT CAVOUR.
TURIN, Lip= 27, EVGIIIIO.
The discussion on the Roman question was re-
sumed to-day in the Chamber of Deputies.
Signor Chiaves spoke against the transfer of the
capital of the kingdom of Italy to Rome.
Count Cavour refuted the arguments brought
forward by Signor Chiaves, and maintained that it
was urgent that Rome should be immediately de-
clared as the capital of Italy. The transfer will, he
said, "take place in consequence of a law
adopted by the chamber, and without any
disturbances. The time for it will be fixed
by law. We offer to the spiritual powers of the
Pope all the guarantees for its liberty and moral
force which a friendly government can ever give to
the papacy. I hope that public opinion will very
soon be disposed for the proclamation, and that
France will agree with us in this matter." Count
Cavour supported Signor Buoncompagni's pro-
posal, which was almost unanimously agreed to by
the chamber.
The debate then closed.

PARIS, WIDNINDAY EVENING.

The Patrie of thin evening says :
" Five vessels have arrived at Genoa bringing
back the troops from Messina. These troops will
immediately proceed to Bologna, and will form part
of the 4th corps d'arntie, under the tx)mtnaud of
General Cialdini.

"The first division of this corps &arm& has
already arrived at Ferrara, and protects the lower
line of the Po, behind which is placed the Austrian
corps (ramie."

HUNGARY.

VIENNA, 11Ancti 28.

According to the announcements which appear
in the Vienna journals of to-day, the Emperor will
not open the Hungarian Diet in person, but will
proceed later to Buda for his coronation.

TURKEY.
PARIS, WIDIMIDLY Evinroo.

The Patrie oontaimi the following :
"The disturbances in Bosnia have not had any
serious result. The Porte has satisfied the claims
of the Dltissulman chiefs by restoring to them their
former rights."

CONSTANTINOPLE, MAace 10.

The Levant Herald publishes the scheme of a
forced loan for twelve millions of Turkish pounds,
which is under the consideration of the ministry,
and which, the Levant Herald states, is likely to
be carried out. " The amount is to be receivable
within two years, and repayable in ten, with 6 per
cent. interest."