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TELEGRAPHED TO THE NEW ORLEANS CRESCENT. LATER FROM CALIFORNIA. ARRIVAL OF THE PONY EXPRESS. [BY THE SOUTHWESTERN LINE.] FORT KEARNEY, Nov. 25.-The Central Overland Pony Express passed here to-day, with California dates to the 14th inst. SAN FRANCISCO, Nov. 14.-The trade with the country, since the departure of the last express, has been less active. We quote Rio Coffee at 142 to 15c. per lb. Sugar is quiet, and sales are made at previous rates. The Presidential election returns, from the distant counties in the State of California, were coming in slowly. That Lincoln has carried the State there can be no donbt. Valuable mineral discoveries have been made near the Esmeralda mines and in Sonora. Esporsa, the filibuster ringleader, was killed in a fight in Lower California. His band of marauders are committing robberies and murder by the wholesale. European Letters and Circulars. NEW YORK, Nov. 26.-The steamship Arago, from Southampton the 14th inst., arrived at this port at 2 o'clock yesterday afternoon. The mails brought by her for the Sonthern cities were sent off in the early evening train. Messrs. James Hewitt & Co. confirm their report by the Palestine, and say that the cotton market closed firm. Spinners purchase sparingly. They quote Middling Orleans at 91d. They put down the imports of the week ending with Friday, the 9th inst., at 10,000 bales. The total quantity of cotton known to be at sea on Saturday was 60,000 bales, against 90,000 at the corresponding period last year. Messrs. James Hewitt & Co. report the Manchester trade unchanged. The same circular reports Lard active and advanced 6d. to 12d. Havre Cotton Market. HAVRE, Nov. 9.-The prices of cotton yesterday fully recovered the decline of 1 to 2f. We quote New Orleans Bas at 94f. The sales to-day were confined to 1500 bales, the market closing quiet at unchanged quotations. Bank Suspensions in Tennessee. NASHVILLE, Nov. 26.-At the urgent request of the community, the Bank of Tennessee and the Planters' and Union Banks suspended specie payment to -day. Failure in Buffalo. BUFFALO, Nov. 24.-The money panic here is felt with severity. The extensive banking establishment of Messrs. Wm. o. Brown & Co. suspended to-day. New Orleans Mails for Europe. NEW YORK, Nov. 24.-The steamship Bremen sailed from this port to-day for Southampton and Bremen, taking out New Orleans mails of the 19th inst., and telegraphic dispatches from New Orleans of the 23d. The Crisis Rapidly Abating. NEW YORK, Nov. 24.-The most cheerful feelings continue to prevail here. The associated banks have discounted seven millions of dollars since Wednesday. Specie remains undistributed. Stocks have advanced ten per cent. since Tuesday. The best paper is discounted at ten per cent. Rates have still a downward tendency. Action of the Boston Banks. BOSTON, Nov. 24.-A meeting of the Boston banks was held to-day and resolved to expand the discounts as the only means of saving the merchants. The measures practically came from New York. Mississippi Legislative Proceedings. JACKSON, Nov. 26.-The extra session of the Legislature of Mississippi merely organized to-day. The Governor's message to the Legislature was read in both Houses. Its tone is uncompromising. The members all appear to be unanimous for secession. [There is no possibility of obtaining a full report to -night on account of an interruption in the working of the telegraph line.] River Intelligence. VICKSBURG, Nov. 26.-The steamer McDowell passed down at 3 o'clock on Sunday, the Scotland passed down at noon, the Sioux City at 4, the L. M. Kennett at 5, and the James Battle at 10 o'clock P. M. yesterday.