The Express.
London, England, 1855-09-17 00:00:00

leaders who hive forced dents Anna into axle.

COMMERCIAL INTELLIGENCE.

NEW YORK, 6urr.:4.

The money market is abundantly supplied .eitb capital
for all legitimate purposes. The eat.' on loans are, how-
ever, higher than for the previous four months. We quote
prime busies*. paper 7 per cent., GO days to tour months.
There is more activity oh hle in every department of
trade throughout the city, and the tall business bas set in
with the best prospects.
The sales of the Stock limed to.dey were large and the
market steady. The sales of Ede and Reading wen
mainly on tint—the former at 621 to 1, the latter at 941 to
95. The supply of state loans is quite limited and the de-
mand sta ady, in part for investment and in pert for Western
Bank operations. Missouri Six per Cents, are held at 94
to 941; Ohin Sixes of 1860, at 1061 to 196; Louisiana Six
per Cents., 93; California State Sevens, 88.
In railroad bonds the operations are light. Illinois
Central are selling at 864 ; Erie R. IL Bonds of 1675, 901 to
901; Erie Bonds of 1883, 971 to 98.
There is some increase in the supply of bills on Europe.
and the exclier.ge market, eseept for l'aris and Amsterdam,
is rather heavy London, 1091 to 110 ; Paris, 5.131 0 6 111;
Amsterdam, 41/ to 411 ; Frankfort, 411 to 41/ • Bremee,
791 to 791; Homburg, 361 to 361; Antwerp, 6.16 to 6.121;
Berlin min Leipsic, Cologne, 731 tont
Corrox.—We estimate the sales effected since the sailing
of the America, at 7,600 bales. On the 28th and 29th, prior
to the receipt of tt e Canada's 'deices, ti. market was dull,
and tendency of prices downward. On the 30 le, after
receipt of the accounts (announcing 1,1. saalloo, with tan
for the week ending 17th ult. of 80,640 bales), the demand
revived, and to the close of the 31et about 4,000 bales were
disposed of at le. advance. During the two days past the
demand has been very limited, confined to the wants of
spinners, and the market closes quietly, but without
quotable decline. Our advice, in regard to the growing
crop are more favourable sines cur last, as the wet weather
complained of in Alabama has beets succeeded by warm dry
weather.
In the Atlantic states, it is stated that the plant is •
week to ten days later than last year, but thrifty and well
fruited.
From the resiso tributary to New Orleans the accounts
are very favuureble, and our correspondents generally dis-
posed to estimate very lerge:y.
We annex telegraphic reports to band, since our last,
from—
New ORLIANIS, Aural:ST 28.—Market declined In. to
, and active MiJdling, 91e. to 91.. Receipts of new to
date, 16,000 hales, epics% 1,100 same time 'set ..,r.
Almon 29.—Csoada's news received. Sales, 1,500 bales
—middling, 91e. Freight to Liverpool, Id.
' AUGUST 30.—Canada's news exercised hut little effect
upon our cotton market, although prices to-day, without
Wog hewer, were somewhat easier. Sales, 1,0.,0 bales-
91e.
Bert. I.—Prices a trifle lower. Silts to-day 2,000 bales--
Middlior, 91c. to 910. Week's sales, 12,000 bales.
lideenterovre.—The fortnight past hes been charm-
' terised by great dulness in the flare trade, the city desists
(anticipating lower priers) taking the article only for imme-
diate use. At yesterdss 's market there was a great desire
shown to realise, nd sales were made of the common
descriptions' within the range of emport orders, to the extent
of 6,000 to 6000 barrels for Eaeland. The decline oa the
fortnight has be.n about 100 c. per barrel on the lower, and
60 to 75e. per barrel on the better grade.. Within a few
days there has been some speculative operations for delivery
in October and November ef common to chute' State (in-
cluding a lot of Wisconsio) at 7 dots. to 7 dots. 3810. From
Ohio the new crop is beginning to appear, and at the de-
cline has found ready buyers. Southern descriptions are
also lower, and in better supply.
There is but little that is new in the wheat menet. Prices
recede as the supplies inereate, and are 15 to 20 cents.
per bushel lower since my last report The receipts are yet
confined to that from the south ; a few onteels of white
have been taken for England at 190 to 19'i cents. There
seems to be but one opinion reseeding the quantity, and,
with a few exceptions, the good quality of the new crop,
and future prices will greatly di peed upon the wants of
Europe, and the stimulant thereby given to bring to market
wer own shipmentabundan retourcet. There is conbriudtertahpberleesbueinnli
member, sod a few operaleas for those months are reported
7friass salehl :tuft:or:lto
oßel nuyetla
lotorTi :Tee tnedow:etrfeosoa to 20
iot,Cofersnnyotmt siinneebenextito Octobert° su Ilmned time
N
lately at 108 to 110 cents; on the spot, the mediae is wiling
at 110 to 112 cents, but is not yet in a side taste for export.
at 60
to 62 cents per bushel.
ThereoT abundantanS
more
or
INDIAN CORN is in good supply, and with a home plenty—heavyde-
anlgowndeq.termlitys.elling
mend end a firm export inquiry, there is but little change
is price. „
FORZION LEV trOODS.—We have seldom known a moo
e
active week than the past one. The demand for ell kinds
of foreign goods continues unabated ; the high prices pre-
viously reported are increased by the limited supplies. All
kinds of English goods bring large plts to the importers.
FREIGHTS —With an increased Masinets, freights to
Europe have an upward teedericy. We qunte :—To Liver-
pool—Cotton, per lb., 6-32 d. to 3-16 d. ; flour, per barrel.
Is. 6d. To Loudon—Flour, 2e.; heavy poets oil, &e.,
17s. 6d. to 20s.

The Archduke Charles William, the new governor
et the Tyrol, will make hie entry into laspruct on the 26th
last.

Vibe Oxpretlfi•

bertlitlllents lat:ild far "Ths 11;pro;;;;;Ioo00a ltoomlarporow,
Ce 011 co. 10, llosoorio.arost, by Two Volook as Ur
oar ut pubbestke.

HIGH WATTS AT LONDON BRITIGT.
Tun l% Mak , •
Tomossair—llarstag. Oa. ...... -Altana% 40.

LONDON, MONDAY, SEPTEMBER 17.

returning to the Crimea, after recovery teem their
wounds. These details seemed to be perleetky well
known to the crowd, and from peer's catnap to
oostermonger's cart, hearty pod wishes ap4 sheers
were heard with an stingy anly wishes
can give vent to, and that only.shen they are in
earnest.

There can be no doubt that in all circles
Alt War is more popular than ever. There
;w ravage rejoicing over a humbled foe,
NI. honest eotiefsetion ,at proving that the
laid" at large has been in the right, and is now so
lark 'nearer reaping the reward it deserves. We
ere the newer to peace, because the country hat, in
spite dal traitorous counsel in high and in low places,
exercised and acted upon that rough good sense
which, with all their faults, rarely deserts the great
masa of oar countrymen. Amidst general rejoieirg
during the put week, there has been but one quention
asked, namely: "How aboat the future of the war?
What are we to do next?" The condititro of the
Russian army mast now be desperate, and must
be going on from bid to worse. Whether'
it is to staffer the fate of the CZAR'S fleet and
disappear altogether from the scene of its late defeat,
le a qeseticto which must depend upon the energetic
use made by English Ministers of the mains the
country hae placed at their disposal. France can do
much, and what she does, does well; but the suffi-
ciency or otherwise of the aid rendered her by
Britain must make or mar the canoe in which both
have been fighting. So far as our military adminis-
tration is concerned let the past be forgotten ; or,
if remembered, only to act u a warning for future
guidance. Ministers can have no excuse for any
further shortcomings in the management of the war,
as all parties seem now inclined to give them "one
more chance."

Thu War-office Gazette, of Friday lest, meaa
some significant hints bearing on the emitted of
the war. In general the document in qoaatios i.
by MAinsiims of interest, except to such Alms as find
their promotion announced in its solemn., or to such
Inspiring young men as by winos of its official
announcement spring from simple cattlemen into full-
blown cornets or ensigns. With the Gazette of
Friday it is however otherwise, for in it we read
that every cayslry regiment on home service has been
augmented, some by one and some by two troops, so
that a few weeks hence oath mounted corps in Eng-
land might if required be sent out to the seat of war
with its complement of men folly made up to the
war establistment. Assuredly this is • step—and a
long one—in the right direction, although it is im-
ramble not to wish it had been taken twelve months
age. But let the past be forgotten. Coming es this
Gazette has done on the very heels of the Sebastopol
victory, we accept it as an earnest of what Ministers
are reeoived to do, and as • pledge that blow will follow
blow upon the enemy until a victorious war is har-
binger of an honourable pesos. By the army at
large, and more particularly by that portion of its
"Seers who have bet their swords and good conduct
to look to for promotion, last Friday's Gazette will
be regarded as an earnest of better things to come. As
the promotions this augmentation brings along with it
have been " without purchase," several subalterns who
bad risen from the ranks to the grade of lieutenant—
bat whose purses were not well enough garnished Is
permit of farther promotion according to our meet
mercenary rules—have now attained the rank
of captain in the same regiments which hovel
witnessed their previous booonrable career. As
an illustration of the manner in which pm.
motion has been hitherto managed in the Englie
service, we may mention that one of the gentlemen
promoted the other day has been thirty-three years
in the army, that he has been ten years a commissioned
°Seer, and that be has horse his share in every Isaias'
campaign and battle, from the siageof Bburtpore, soder
Lord COMBERIME, to the present time. Another of
them has been thirty years in his prevent corps, was
promoted from sergeant to cornet sixteen years ego,
and has seen the whole bodyof offices in the regiment
successively enter it, and one by one pass over his
bead. A third lieutenant just promoted to the rank
of captain, has been nineteen years an officer, and,
like the two former, has seen a great deal of motive
warfare in India.

tut Court.

BALMORAL, Sim 14.

The Queen and Prince Albert, accompanied by',
the Priam of Wales, the Princess Royal, Princess Helene,
Princess Louisa, and Prince Alfred, honoured the Highland
gathering at the Culls of Braemar yesterday with their
preseacs. lhe Royal suite eousisted of Lady Churchill, the
Hon. Beatrice Dyne, Earl Granville, General the Hon. C.
Grey, Colonel the Hon. C. Ptipps, and Mr. Gibbs.
The approaches to the Castle were lined by the
Farquharson Highlanders, under James Farquharson, Esq.,
of Invercauld ; and the Forbes Hiblanders, from Dan side,
under Sir Charles Fortier.

Her Majesty and their Royal Highn ware received
upon their arrival by Mr. and Mn. Farquharson, and the
junior branches of their family.
The games then proceedeJ. They consisted of tossing the
caber, patting the atone, throwing the hemmer, foot racing,
and reel dancing.
Her Majniy remained upon the ground about two hours,
when the Royal party returned to Balmoral Castle.

8111.7. 16.

Prince Albert left Balmoral yesterday moramir.atll
o'cloek, attended by General the Hon. C. Grey, and pro.
'worded to Banebory, to meet Prince William Frederick of
Prussia, who was expected at Balmoral apes a visit to tbe
Qs'ea.

Prince William Frederick arrived at Banchory by special
tnin at a quarter past three, and after partaking of some
refreehmont proceeded with the Prince to Balmoral, where
the Royal party arrived at 7 o'clock.

Prises William Frederick was attended by Colonel
Heists*.

But there is a good time coming for the army, IN
at last begin to believe. Thanks to the force of pub-
lic opinion in England, and thanks also to the
untiring exertions of the press, the monopoly
of military rank can no longer be held by
either the wealthier or the more aristocratic
classes. Merit and professional knowledge, combined
with such a due regard for seniority as will not allow
of the latter taking precedence of the two former,
most and will be the future teats of fitness for puma
tion. But if this is to be ensured the efforts of army
reformer* must not halt or flag. Much has been dose
but more still remains to do. We have not gaited
the recent great victory because of the excel-
lence of our army administration, bat in spite
of it; and although we may ongratelate our-
selves upon military promotion being at last
granted to men without money, it must not
be forgotten that the many-headed mon-
ster calk d influence, stands ready at the
first favourable opportunity to eat up the few benefits
obtained by England for her army. It cannot be
gainsaid that if we have lately had good reason to
rejoice in a triumph such as has been seldom heard of
in the world, the price of that victory ha. been great.
It is equally true that, with better management, we
should not have had to pay so dear. And if we want
to follow up oar victory, and make it effectual towards
the attainment of the lawful aim of war, now is the
time for the public not to suffer any measure
of utility in the army to be shined over,
or a pretext made that because of present nooses we
need not be urgent in insisting on effectual reforma-
tion in our land service. From the War-office Ga-
ulle mentioned above we augur favourably for the
future—perhaps we are too sanguine. Perhaps the ay.
mentation of cavalry and the promotions of deserving
men which it has led to, were both but measures
determined upon before the great news of last week
was known. Be it so. The coincidence of events'
is a fortunate one for Minister., ptovided they have
THE BALMORAL BONFIRE.—When it was reported
the good sense and honesty to turn them io ssotssibot hot that B.butopoi had fallen large
geaa
to proper account. Let us, however, be just as well fitly of timber was collected on the summit of Craig-gowen,
as critical. No longer ago than Saturday last the mentala whisk nese immediately to the south of Bal.
nearly one thousand men of the Foot Guards left moral Cud', with the intention of kindling a bonfire as
Diudou for the Crimea, u an augmentation for the sum as the sews might be officially confirmed. The re•
household brigade serving there. This would seem P°ll
act khaviag (alts,
trebemfiarsinedwas'in elf cectautnione,
to indicate from another quarter, that there is some
that it weal; still be d for thsgt purpose, it weagekindied
energy and determination to carry on the war still c„, Ts„g„, „ism, and mumbled the omat,y for miles
amongst those who rule us. This fact we also accept armed. Thus, within a few days of a year, bad this pile
as a pledge of better things to come. We remained, its dry sad deed-like appearance beteg, per-
must not disguise the fact, that although ksfai las of the most 21101nottla *Mats watch the Clasen
the Russian army of the Crimea is almost witnessed when, oa Saturday week, her Majesty stood be-
side it ea the moustais.
within the grasp of the Allies, any day an engage-
THE FIRST News REWARDED. The Qs has ment with the enemymay cum many vacancies in
mot • "helve of 601. to Mr. Mddleton, station-muter, at
oar molts. The siege of Sebastopol being virtually
Beecher', of the Decide Railway, as a reward for his *m-
over, we may—and do—stand in less need of large aloes ia •" eaproing!'" the news of the tall of Sebastopol to
guns and ammunition of heavy ordnance; but our liatineval es Tuesday evening. The following is a copy
supplies (or the Held should be increased, not dimi- of the Miser resolved from Colonel Phipps :—" Bslmeral,
untied. Trained men and trained horses—light guns, Sept. 12. Sir,—l have received the commutes of her Ma-
anionmitioo, muskets, small arms of all de- loarsYst7inQuesseatoe leeward
toofyoluoutrimhaemaviamgprzintechtZ: actiptions, tent equipage, aad well olganieed sate penes to bring to her Majesty the glorious news of the
corps of trumpet—are more than ever re- fall of SebestopoL I sae, sir, your obedient servant, C. D.
(pined to make the army effective. If we are in PHIPPS. Mr. Middleton, Banchory.":
meat, we shall be as successful throughout the rest The LATE Russian FLERT IN SEBASTOPOL—The
of. this war as we have been in these latter days of late Resins fleet in the harbour of Sebastopol consisted of
the siege; but to command success we must deserve 6 ships of tbs line of 120 game each, 8 of 84 gnus, 1 of 80
it. Of means we have plenty, and men are sot guns' Mrs ohf.l3oigneinall,
IsonBcl.6.i
gen2d bri,2oo gs 18
e°l
;To:7in
wanting. There is but one policy that can now hurt tad
v._
twase 40 g:07.8 OP THE FRENCH EMPEROR TO THE
us, that is, folding our hands and saying that because
ELLIS]) ERNI= —lisrsedsately alter receiving eke Went-
Sebastopol has fallen nothing more need be done to (mice of the fall of Sebastopol, the Emperor *hewed Ow
strengthen the hands of our Generals in the Crimea. Minister of War to transmit the following deepalsl'te
Such an error might prove fatal Now is the time to General reliance :—Honour to you 1 Honour to
be op and doing. No one who witnessed the dew- oer elm army I Congratulate all in my sr
th:
tare
some
forty-eight ago,
of
another
instal- His
lertael Maljerlera alPaseldissirlieart"The ileudelarlaa to
"me
ment of her MAJESTY'S Guards from the metropolis you to white the English army, in his mace, on the
to the seat of war, can for a moment have any doubt mutant valour and the moral force which it has displayed
as to the feeling of the nation at present. The then- daring this long and trine campaign."
sands that assembled in the Waterloo-road to see the General Espial, funned" Minister of War during
troops arrive at the railway-station—the enthusiastic the thort-lived unstinitional elpiale hi:Austria, has died et
reception the men met with, and the combination of *Was to Valiant as also M. de Math, formerly sbief:of
all ranks and classes to wish them God-speed— sh• Vieska "Om'
would have made any stranger think that we Case or THE HtheERRINO Fienzay.—The heeling
Oa the Callksees Mi•st
were at the commencement of a war, not that' titshuserybeiamila,wesig"disegonsm.°l assets.
Wick the take 1. meek'
every man is England hai been paying for it thous ihe Oa the south aide Sell sod NOMA*
during a period a eighteen months. With the. 'gee la sumwee *Wags; b... ea the *leis, Meal& ea-
detachment were several officers, most of whom wire seeds that et elty year for the Lwttsa yews.