The Express.
London, England, 1857-11-20 00:00:00

LATEST INTELLIGENCE,

REDUCTION OF THE AUSTRIAN ARMY.

Rumours of this event have been current for some
time, and have been contradicted by several Ger-
_

man papers. A Vienna telegram, of November 18,
states that the redaction has been officially sanc-
tioned, and a Vienna letter of November 15, in the
Cologne Gestalt says:
"The Emperor ordered the reduction of the army
in an autograph letter, dated October 27, addressed
to the Archduke William, who is charged with the
execution of this important measure. It is certain
that all the central diviaiotut of infantry will be sup-
pressed, and that considerable reductions will be
made in the cavalry and artillery. It is not yet
known whether the depot battalions will be re-
duced."

EXPRESS FROM PARIS.

(FROM OCR OWN COIIiESPONDENT.)
PARIS. ENONADAT EVENING.

The Bourse opened very heavily, u the London
despatches were not favourable and announced the
possibility of a further increase in the rate of dim-
oonnt ; but another despatch of a more favourable
tenor arriving, there was a general rally in all secu-
rities of this market. Tho Rente, after rising for
account to 67fr. 20c., closed at 671 r. 5e., with a fall
of 5c., and the market was very unsettled at the
close. For cub there was a rise of 5c., the last
price being 67fr. be. ; Mobilier fell 2fr. 60c. Rail-
ways left off higher. Eastern and Western rose
12fr. 50c. each; Northern, 10fr. ; and the other
principal lines about bfr.; but the railways, like the
Rente, were very much offered daring the last ten
minutes.

The Freese contradicts a report of a rupture of
diplomatic relations between Russia and Persia, and
also denies that Ferukh Khan has been appointed
Persian Ambassador at Paris, or that any decision
has been come to concerning his recall from his
present extraordinary mission. Apropos of this
latter statement I have heard that Ferukh Khan
likes Europe so well, and has done so many things
of his own head that cannot be approved of by
the Ehah, that he is very unlikely to put himself in
the power of his royal master for a longwhile to come.
There are symptoms that the Powers of the world
seem decidedly to be putting a rod in pickle for the
Celestial Emperor. As if by a concerted signal, the
French, English, and Russian journals are opening
Are upon him all at once. The Constitutionael, the
Pays, the Times, and the Russian Correspondence,
have all come out with menacing articles within
these few days, and now a letter from China, in the
Pays, states that the Russian admiral, Putiatine,
who had sent a message to the Emperor demanding
admittauoe to Pekin, had received no answer up to
the 20th; bat it was known that the political-religi-
ous mission, headed by the Archimandrite Gonri, had
not yet been received in the capital of the empire,
although these missions are usually received without
difficulty, and that it was detained at a village about
two miles from Pekin.
The following telegram has been received this
evening :

MARSEILLES, Nov. 19.

Since the publication of the decree authorialag the expoet
of grain the buoyancy of the market has been sustained.
There has been • rise of 3fr. the 16 decalitres for oertabt
qualities. Other kinds of merchandiee are now beginning
to be in favour. Lettere from Constantinople of the Iltb
state that the erchanges continue to rise. The Napoleon of
20fr. is worth 120 Mune& The dearness of provisions in
unprecedented. Notwithstanding the prohibition, the clan-
denies trifle in gunpowder is very active. Lettere have
been received confirming the fact of large purchases of arms
and revolvers by the Turkish people. The commission for
the revision of the customs' tariff is preparing a report. The
commission fun the settlement of the Ruesc-Turkish frontier
in Ada has nearly concluded its labours, and its report will
be ready to be submitted to the Paris Conference at the end
al the yewn
News has reached Paris this evening of a dreadful
accident at Mayence. A powder magazine has
blown up, and it is reptrted that 100 lives are lost.
The health of Count d'Argont, late governor at
the Bank of France, is such u to caw uneasiness
to his friends.
Lord Brougham has arrived in Paris.