The Daily Times.
Liverpool, Merseyside, England, 1860-11-20 00:00:00

DESPATCHES -PROM CHINA:

The Paris correspondent of the Daily News, writing
(14 Sunday, says :—A. staff officer of Sir. Hope Grant has'
arrived here on his way to England. He is the bearer
0? despatches, but keeps them to himself. • -
The Paris correspondent of the Post writes as follows
°,ll the same day :—Major Howe has arrived in Paris
Vora China, on his way to England, bearing despatches.
suspect hostilities have ceased, and the treaty is signed.

THE MONEY MARKET. '
The Daily News says, it is understood that of the six-
teen million pounds to which the bullion in the Bank of
-rranee has been reduced only four millions is in gold,
the rest consisting of silver. This explains the eager-
-I:tas to draw in gold, which is wanted for the export
demand. .
The Herald says that letters from Paris state that the_
drain of bullion is occasioning excitement, and that the
130Pulace are taking alarm, and hoarding has been
1111ctised to a considerable extent. The Herald adds,
that although further purchases of gold may be effected
111 this market, it is believed that the Bank of France
I_lll not be able long to delay an additional advance in
the rate of discount.
The Times supposes the Bank of France will, not.
t° obtain
the rate of discount, and will continue its efforts
ootain gold from England until it shall have been
4411 y ascertained that, to borrow gold from us at 6 per
for the purpose of lending at 41 per cent., merely
tekilts in the endless circular operation of causing that
tOtilmodity to be transmitted hither as fast as W-can
obtained, in order that it may, be retransmitted by
hs to Paris upon terms so distinctly profitable. The
'6nes alluding to the financial position of 'France,
tbe conviction is gaining gronn,d, that whether the
ank of France shall still hold to the palliative of buying
IQ, or resort to the legitimate plan of raising its rate
4° discount, there will be no possibility of permanently
4erting a serious catastrophe if the present expenditure
the French nation is maintained.

The application to the Court of Queen's Bench for a
kill to re-open the coroner's ingyest9u t1113,0r4 murder,
probably be made this week.
b Paris correspondent of the 'lived has reason to
Qieve that the complete evacuation of Gaeta has been
1,
:B°lved upon. The garrison is gradually being sent
ihe Papal
that the P States, and that it is not without design
iedmoutese a re pushing on the siege so slowly.

'I;•AMERICA.

ARRIVAL OF THE ASIA.

The Asia arrived in the :Mersey yesterday, with
,dates from Nei- York to the ith .instant,and 65
passengers.
The' principal feature in the intelligence, the
election of Abraham Lincoln, of Illinois, as Pre-
sident, and Hannibal Haiiilin, of Maine, as Vice-
President of the United States. was anticipated
in the telegram we published yesterday. The
successful candidates are.both liepublicans, "and
no mistake." The New York Herald remarki,
with reference to the result, that the re-
turns indicate, however, that the hekt Con-
gress will, be in apposition, to the Repub-
licans. It describes the result of the con-
test "a
,great and momentous revolution in
onr politiCal affairs," observing that "the Con-
servatives, who still believe in the strength of
the Union, will be comforted with the assurance
of an anti-Republican majority in both Houses of
Congress. We begin -With this day, a nei epoch
in the political history of the United. States. The
Republican party have crossed the Rubicon. Are
our anxieties at an end, or are our troubles only
about toibc_gin ?" Aye, that is the question.

COTTON.
From 717:_.P. Wright 4. Co.'s CircularJ

NEW, YORK, NOV. 6.--'There has been a moderate
demand fOr Cotton in this market during the past 'week ;
prices are without change, holders beingfirm, and sell-
ing only when full prices can be had. The business,
which" amounts ito , 8,000 ,bales, has • been chiefly for
domestic consumption, With an occasional lot for specu-
lation and fur export. The clearances for the week have
been—for Liverpool, 2,942 bales; Ilamhurg, 574;
liavre, 555. Total, 4,071 bales.
SOUTHERN MARKETS.—By telegraph, We have a
week's later advices from Ne* Orleans and Mobile.
The business has been to a fair extent at llc for Mid-
dling in the one, Ale in the other. Yesterday the
market was (idiot in both places; chiefly owing to excite-
ment on the subject of the Presidential election. ' `There
has been some- buying on English and French account.
upon discretionary- orders, and based upon crop esti-
mates. Speculators have been deterred frOm doing ex-
tensively, Owing to the difficaltrin negotiating foreign
and domestic
.exchang,2, except at- shed sight. There
are very large orders, in all the Southern markets for
English adcount; but at limits fully a'cent per lb. below
our present currency. We extract the following froth a
Charleston circular, dated 3rd Nov.':—" During the past
fortnight our market has advanced to ic. per lb.,
partly in consequence of favourable advices from the
other side, partly from accounts respecting damage to
the crop, but principally from an apparent determina-
tion
,amongst the northern 'spinners, speculators, and
cotton dealers to..ateairtillate as heavy stocks as poSsible.
Grades etbeVe,,Middling are 'in request for Spam. In
the Atlantic States there is-little doing for France and
scarcely anything for Liverpool."
By telegraph the following has been received:—
New Orleans, Nov. 3.—Receipts for.the week, 663400
bales. (net) ;- sante week last year 75,060 bales. Sales
for the week, 55;000. Middling, Ilac. per lb. Exports
for the week—to Great Britain,A4,ooo bales; to France,.
12,000. Stock .on hand,- 248,000 bales. Freight to,
Liverpool, 17-32 st to -9-16 d. P.M.—Sales to-day 3,700
bales, prices irregrilar. sth.—Market dull and irregular;.
'money 'very tight ;' Liverpool -Stria Lizew; • Middling, 1
lone ; ,Middling, lle.•to Alic. • Strict IVliddling, I.lt1-1-2 e.
to 11;le.;. freight, 17-3244.; exChaikge oh London, 107.
Mobile, Nov. 3,---Receipts for-the week, 19,000 bales;
same week last year, 23,000. Sales for the week, 19,000,
bake .11c ..per lb. ' Export for the week to
Great Britain, 9,000. bales. Stock on hand, 120,000'
bales. Freight' to Liverpool; 9-16 d. per lb. sth.
•Market . quiet; ll ;
,sales to-day, 1,000
bales; 'receipts three days, 10,000 -bales-; export three
days, 9,000 ; 'exchange, 107 ; freight, 9-16 d.
CROP.—The extent of the incoming crop cannot, even
at this late date; .be assumed. with any degree of cer—
.tainty, owing to the contradictory nature of the,aeeplints
from. ihe"South. The effects of. the frOstS &out .the
middle of October are very contradictory ; the weather
immediately following' WaS warm and dry, favouring
both maturing and gathering. Toward§ the close of-
last month rain fell over a large portion of the cotton
recion, -followed by.- white frost in some sections
and .fine warm weather in others. The- Upland .crop
froni WhiObLabOut five-qgliths of the whole is obtained,
.will be short of .last year- very decidedly, but from the
low lands, and more particularly the
.river bottom lands
of the Mississippi,' the yield premises well. The ten-
dency of the public mind on- the subject of crop is
towards higher 'estirnates than 'Were current tr;ro or
three weeks ago." If the fine open Weather continues
for a week er,twO longer, and a general killing frost is
postponed until late this month, larger estimates will
prevail. ,
•

The following is a statement of the movement in cot-
ton, since the =lst September last as compared with the
previous four years:—

1860. 1. 1858. 187. '18.56.
Rec. at Ports... 667,009 781859,000 684,030 293,5000 539,030
Ex. to G.,130... 168,000 229,000 133,000. 104,000 62,000
~ France 40,000 60,000 74,000 . 25,000 , 50,000
„ ,other P. P. 2.5,000 23,000 21,000 16,000 22,000
Total Exports._ 233,000 312,000 228,000 .145,000 131,000
Stock on hand 517,000 518,000 446,000 191,000 350,00)
Of which, durinr; the past week, included in the above :
Rec. at Ports I 13,000 130,000 124,000 44,000 91,000
Ex to G. B.
France .
„ oother P. P 5,000 3,000 9,000 -- 7,000
Total Exports._ 51,000 63,000. 59,000 23,000 28,00
Summary.--Receipts: Decrease at the ports compared
with last 'year, 117,000 bales. Exports : Decrease to
Great Britain, 61,000 bales ; 'decrease to France,
.20,000 ; increase to other -foreign ports, 2,000 bales.
Total decrease in.exports, 79,000 bales.