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Latest.

Baltimore papers of the 30th October, furnish the following important news concerning the movements and objects of the Federal fleet:


The object of the expedition — the war to be carried into the cotton States.

A special order for the fleet, dated on board the steamer Atlantic, October 25th, says the expedition is under command of Commander Dupont; that it is intended to make a descent upon the enemy's coast, and probably under circumstances which demand the utmost vigilance, coolness and intrepidity of every man in the expedition.

The surf boats and other means of disembarkation are believed to be capable of landing at once from three to four thousand men. Some of the surf boats carry one hundred men.

The expedition consists of three brigades, commanded by Generals Wright, Stevens, and Viele, each well furnished with artillery.

Full orders are given as to the mode of landing, and if those first landing have to conquer the ground and succeed, they are directed not to go beyond supporting distance from shore.

Simon Cameron, in a letter to the commander of the expedition, gives him authority to employ negroes, but assures all loyal masters that Congress will provide just compensation for the loss of service of persons so employed.

The New York Herald, of the 29th, says the objects expected to be realized by the expedition, are reported to be--

  1. First--To carry the war into the cotton States, which are chiefly responsible for the rebellion, and produce the disorganization and diversion of the immense Confederate army in Virginia.
  2. Secondly — To secure winter quarters for the Federal troops, and a harbor of refuge for the naval and mercantile marine of the North
  3. Thirdly — To open one or more of the Southern ports to the commerce of the world, and thus satisfy all demands, and obviate all difficulties about a supply of cotton, and the efficiency of the blockade.
  4. Fourthly — To form unclei in the Confederate States, near which the long-suppressed loyalty and good sense of the people may find safe and appropriate expression, and encourage and stimulate this reactionary feeling, of which we have seen such remarkable and encouraging manifestations in North Carolina.
Fortress Monroe, Oct. 26--The fleet sails to-morrow. One hundred thousand rations have been distributed to the fleet, and sealed orders have been given.

Several transports, with men and horses on board, have suffered severely during the gale which has prevailed during the past few days.


Absconding of Captain Dupont's Private Secretary.

New York. Oct. 29.
--The Tribune says its correspondent on board the Naval Expedition writes from Hampton Roads, that the private secretary of Commodore Dupont has absconded, carrying off with him the maps, charts, and even the sealed orders of the expedition.


From Washington — pressure upon M'Clellan — more about Fremont.

Washington, Oct. 29.
--There is considerable pressure upon General McClellan, urging him to a battle near Bull Run as speedily as possible.

It is rumored that efforts are being made to supplant McClellan.

Much speculation is indulged in relative to the effect of Fremont's removal. Many believe that he will be declared Military Dictator.


Col. Baker's body to be embalmed.

Washington, Oct. 29.
--The body of Col. Baker, who was killed in the battle near Leesburg, has been embalmed, and will be exhibited in state in Philadelphia previous to its removal to California.


The engagement near Savannah.

Savannah, Nov. 2
--The engagement near Savannah was caused by an attempt of the Federal fleet to burn a schooner which was aground at Warsaw beach. The attempt failed, and the Federal frigate disappeared yesterday.


Death of Gen. Cam. Houston.

Fort Smith, Ark., Nov. 2.
--Mr. Dowle has just arrived, who reports the death of Gen. Sam Houston, of Texas.


Northern Financial affairs.

Baltimore, Tuesday.--Railway shares are improving. In Bank stocks nothing is doing.

Boston, Tuesday.--The specie reserve in the Banks, after paying the Government 10 per cent. on the national loan, shows an increase of $250,000.

Philadelphia, Tuesday.--The banks are responding to their quota of the National loan.

Boston, Tuesday--The Courier, of Monday, says money is steady, and the market well supplied with six per cents. In some departments of trade business is good, but generally there is stagnation. The shoe trade in Massachusetts is buoyant for Government work, with an increase of wages for workmen.

Baltimore, Oct. 29.--Rio Coffee 14a16½ cts. Stock market 22,000 bags.

New York, Tuesday.--Cotton firm; Middling Uplands 21½

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