The Express.
London, England, 1860-04-16 00:00:00

EU 01:10 refill.

,dta•ellaminda taseadati .12ta Zee Imam R
deluk mot
of p aMs IN
Wig
am ba as tie elesk verie-binvk by Trb
ea ea die

MATMAMIIMV
TOM WENN,. TIM OTIOLLUMMOVTI. lesorra.o Mrishorrs.
=ani Illookokos: Itra C. Madarrn, Mrs. WiOdas.—THE
II OF LOVIL Mossok Oftessniale. Owns,* Ossaptors
Ma M. Tersio.—Aod 711 WARDING BCROOL

ITILINCIONH
TM Hasa[ MOIL TO II [IND.—TRH MAN OF THE
wnetn. 11,, Mips. Inns Atidaroac—AM aa satravagaaas,
&mutt', THE aYLPHIDE. Hewn. P. Maithavra, Share. sad
Bak,' Allan C. Leclareg. L Healey, L. Leclerc% awl H. Howard.
- -

- •
_ -
Tam Emma, !CRIT OF W. rim. Lowy, Cabana. and
Mir L Mama sad leas L Rome.—Tl3l FORTY
•Trrar Mims Lydia Thamam Clara BA Cam, E. Travers,
RAW taloa—AM THE MIDDY ARMORS. Mir L Thompooa.

BT. JAS
Tam Cram, A BORDER MARRIAGE. XL
YRANUS OF AY:47RM. Mr. Y. Robinson: M Murray.—
A sew hudewise, retitled LUCREIIA BORGIA AT BIOME AND
ALL ABROAD. Miss C. Norgiut—And NUMB= FORT Y-N INL

BRITANNIA.
Tins Cermet THE MAR Or Tfi FIBIZY or. Tee Dome
of Tl. Toreet mad Me Poor ateetese.—A ow extra
entitled Ll' "MINI . or. The Mae sad Me Liao. Mb=
Jacobs, len Leae.—Alid TIRE TllOOll2llB or maim

HIGH WATER AT LONDON DRIDOI
THIS Dar —Karalng. NIL ....Atkeseas, llk lam
Tu-isonsuw —Dann& ML As.....Aftwarna.

LONDON, MONDAY, APRIL 16.

Tel accounts received during the last week
from the manufacturing districts are of a character
fairly satisfactory. Purchases for the Continent
are still checked by the prevailing political uncer-
tainty ; and the agitation in the money market
is siaggestive of caution : yet the general
course of trade continues undisturbed. The
advice. from Manchester allude in terms of
satisfaction to • partial improvement which
has taken place in the demand both at Cal-
cutta and Bombay, accompanied, in some instances,
by an advance in prices. It is, however, a favour-
able feature, as indicative of caution on the part
of buyers for the East, that, although the inquiries
at Manchester for goods suited to that quarter
have increased, the increase in the animuit of busi-
ness has been limited, owing to the high
prices which spinners and manufacturers, well
supplied with orders from every quarter, are
enabled to demand. The consignments to India this
year are considerably below those of last year. This
reassuring fact is the more important from the recent
sudden warning that there has been no real profit
on any of the transactions connected with that
market during the last six months—a warning
which emanates, by-the-by, from the same quarter
wherein, only a few weeks ago, the profits of the cotton
trade were assessed at the extraordinary sum of
one million sterling a month, despite the protesta-
tions of the traders themselves. The public, who
have not permitted themselves to be "dazzled "
by these "visions of unbounded profits," are still
disposed to attach faith to the healthful indica-
tions which are presented on many sides,
and to hope that the truth may lie
midway between the splendid " visions " pre-
viously laid before them, and the impending
"crash" now suddenly foretold. The remarkable
expansion experienced by trade with the East dur-
ing last year has doubtless been accompanied by
individual speculation and individual losses, which
may yet have to be brought before the public eye.
A number of weak houses may have been hurried
into transactions far beyond their means, and may
be sorely tried during those occasional periods o
slackened demand which operate salutarily as
checks to commercial exuberance ; but that the
spirit of enterprise and competition has yet at-
tained a point that threatens general inconvenience
and justifies the sweeping denunciation of an entire
trade, is not believed. It is tolerably safe, how-
ever, to indulge in predictions of evil, for they have
an unlimited future before them ; and shippers
who have made large profits in supplying a foreign
market appear always ultimately to forget that
there are limits to its consuming capacity, the
overstepping of which converts profit into loss.
The difficulty now experienced in getting long-
dated bills discounted will tend to check consign-
ments to the East. Meanwhile the continued
downward tendency in the cotton market, under
the influence of a pressure of sales, is an encou-
raging feature for our spinners and manufacturers.
From Leeds, it is reported that the woollen
iiiiinefacturers ointinue well employed, and the
npt•r.itt‘es are receiving fair wages. In some
branches, the lateness of the spring retards busi-