The Express.
London, England, 1864-11-07 00:00:00

tt WIWI/9A.

TIM! IMMO. THE IV MIER'S DYING CIIILD. Yrs. S.
Lane.—Stnalne by 111 r. Albert Steele and MM.. DontL —Lad
GI WO TAW K 8.. The burning of Guy Fawkes and grand
Exhibition of FireworkA—Commence at S.

HIGH WATER A! 1111NDON7ERTDOS.

TWO DST Morning, oh. 58.0....Aher500n. 7h. Inta.
Zoitoilsow Morning, Ph. 10m....Aftemooa, bh.

LONDON, MONDAY. NOVIIMBAR 7.

Tax three days covered by the advice. brought
by the steamer Heels from New York appear to
have pasted away without any remarkable occur
rence in war or politics. We get a few more par-
ticulars of the battle of Cedar Creek and its
results, a Confederate account of that action
having been published. General SHERMAN re-
port. that his permit of EARLY'S troops
ceased at Mount Jackson, about twenty-five
miles beyond Strasburg, where he declares they
arrived without a single organized regiment.
Southern accounts state that no infantry pursued
the retiring Confederates, and it will be remem-
bered that the Northern reports, official and non-
official, mentioned only cavalry as having been
sent after EARLY% retreating army. There is so
far not more than the usual discrepancy in the
Northern and Southern accounts of the battle.
The Federala gave their enemy credit for taking
twenty-four guns on the morning of the 15th tilt.,
but the Confederates only claim to have taken
eighteen. We must look to later, fuller, and
official accounts for an explanation of the remark-
able failure of the Confederate commander to profit
by the immense advantage he obtained over his
enemy in the early part of the day. At present it
Is as difficult to understand how he could have taken
only 1,300 prisoners, as why he did not push on
and finish his work before SHERIDAN'S return, when
the Federal army, surprised and discouraged, and
under an out-generalled commander, was at his
mercy. The accounts from Tennessee and Missouri
ammo confused and wildly conjectural as to be
almost worthless. It seems that it will not
be the fault of our Southern friends if we are not
embroiled in a quarrel with the Government of the
United States by the pretensions of their adherents
to make Canada a basis of their irregular operations
against its citizens. It appears that Yousc
the chief of the band of marauders which
lately appeared in Vermont, and robbed three
banks, and shot several citizens of St. Alban's in
the streets—now that he is a prisoner on British
territory professes to be the bolder of a lieutenant's
commission in the Confederate service. His as-
sertion is probably true.

IT is rather curious ton Ake the uneasiness which
is occasimicil amongst the holders of shares in new
companies by the rumours of impending calls. One
might almost imagine that the subscribers to these
concerns, and even the class of more permanent
holders who, in many cases, have succeeded them,
have deluded themselves into a belief that 51. is the
utmost that will be called up on each share of eof.,
601., or 1001., as the case may be. Even in cases
where it is perfectly clear that the objects originally
avowed by a company cannot possibly be cam Mil
out unless the capital subscribed is actually paid up,
the shareholders seem to have fallen into acobveilient
sod complete forgetfulness of their liabilities. The
result is that each call, or rumour of a call, strikes
a large number of holders with disagreeable sur-
prise, and brings forward immediately such a
supply of shares as completely crushes the market,
and leaves to the shareholders only the mortifying
discovery that their stock is absolutely unmarket-
able. Why persons should subscribe for, and
transfer into their names, shares on which calls
are known to be shortly accruing, though well
aware that they have not the means of meet-
ing them, is one of those common enigmas
of which it is very difficult to attempt au
explanation, except upon the supposition that there
are a large number of people iu the world habitually
averse to keeping account of their etig3Lt
ments. Every week some concern which pre-
viously had commanded a certain price—perhaps
even a premium—in the market sinks into the com-
pletely Mewl% ertihle category, to the sore disap-
pointment of those interested, many of whom are
perhaps residents iu the country, or disqualified by
profession, age, or sex from making themselves
thoroughly acquaintvsl with the conditions of their
investment, and with the numerous influences
operating on its market price. For the information
of these, as well as of others who, from the oppor-
tunities of information which they enjoy, ought not
to require instruction iu such matters, it may once
more be pointed out that the investing public, as a