The Express.
London, England, 1861-11-04 00:00:00

TO 01711 READKREL

SPORTING INTILLIGF.NCE.

A :Ate edition of the Expresi is publisshod every
evening during the reciug season, containing the
results of the day's races.

I s the interest°, the public it hu become (Imitable
that the cotton speculation should be circumscribed
as much as possible, or great loss and misery may
hereafter I ,ccur. It is not as if the dealings in this
article were to en ordinary amount. They have
been upon a colossal scale. During four weeks in
October, when speculation was rampant, the
ascertained transactions reached the unprecedented
total of 4710,000 bales, or equal to three-
fourths of the entire stock in Liverpool. We should
probably be mock below the mark if we estimated the
ontivelent in money at six millions sterling; and the
disproportionate part which mere speculators took
in the movesaseit Is shown in the fact that of
these 450,000 belie void, 230,800 were taken by
speculate"; 48,900 by exporters, and 170,600 by
"the trade," who are now themselves to no smell
extent speculators also. There are few iustanese
on record of so extraordinary a movement as this.
Sugar, in its most animated time", is a doll ea
compered with cotton. There is often wader
gsmbl'ng in tallow than in Consols, pe-hap: be-
came, you may speculate for a year onwards in
the former, whilst settlements in the latter are
made montt iy. But the market for tallow is a
narrow one compared with that for cotton.
Whilst the Live cool Exchange has been
wild with excitement, it his been a
very sober time on the London Stock Ex-
change. The only 'peculation, in fact, has
been at Liverpool and Manchester. Every specu-
lator in cotton hopes, of course, to get out et a
profit before the turn oases, but when the turn
does come, many are sure to be cauzht, and the
losses will be terrible. There will be no possi-
bility of willing, because theme will be no buys's.
A foretaste of what may occur has been given by
the course of the market during the week
just closed. No stimulating news having been
received, the excitement has died away, end, two
or three of the large speculators having attempted
to realise, prices have become nominal. Holders
still bold on, in the hope of s renewal of excite-
ment hereafter, but the state of tens'on in which the
market stands is becoming more and more suggir-
tired anxietyand watchfulness. Although tpectill,
tors feel that for the moment they have overleaped
themselves, the statistics of the article continue
to be of a character eminently unfavourable to the
interests of the greatest of our manufactures. The
total stock of all binds of cotton et Liverpool is
computed at 586,900 bass, against 667,520 at
the same period of lest year; but it is important
to remark that the meson has now arrived when
the eerier pickings of the new Ainei:cen crop
ought to be on the way to and actually airivi-ig
in Europe, instead of which the crop is being kept
back on the plantations unpacked and unc'eened.
Our present stock of American is but 310,460
bales, against 528,170 et this date last year, end
it is a remarkable feet that there is none on
the water. The quanctar of last Indian
cotton at sea is 238,620 bales ; at tit's
time last year it was only 66,120. The total
received from India this year is 784,960 bales,
against 616,630 in 1860 ; so that we have not
yet derived much actual benefit from the exer-
tions which are being made in that country. Sir
Cuanza; WOOO estimated that India would send
us this year a million of bales ; and a writer of
large Indian experience in the Money Medal
Review computes that the total will probably be
nearer one and a half million. He declares it to
be a popular fallacy to suppose that India cannot
produce the very best qualities of cotton. In the
eff.irts which are being made to develop the Indian
production wo trust that the means of improving
the quality of the produce will not be lost
sight of. The object should be to rid us,
coca and for ever, of our dependence
upon America. Such en opportunity es
the present will probably never occur again. To
do this India must meet the competition of the
American grower in point of quality as well as
price. The permanence of the extended Indian
cotton trade as distinguished from a mere spasmodic
incitement, the reaction from which might be
severely felt in India, cannot be otherwise secured.
We have alluded before to the sympathetic
speculation which has arisen in the Manchester
market—the market for the manufactured articilm
The efforts are of a character to surprise the oldest
dealers. Advances in price, characterised by Messrs.
C. FILAJEN Sox, and Co. es "rambling," have been
demanded for every article dealt in at the cotton
metropolis " with a rapidity of excitement pre-
" viously unknown to the present generation."
This firm declare broadly that " the specuLtion
" has latterly been almost confined to spinners and
" manufacturers in their own stocks ; for, looking
" to the enormous rise in the price of the raw
" material, and to the curtailment of production
" from extended and weekly extending short time,
" they have been emboldened to demand prices
" utterly out of the reach of ordinary buyers, pre-
" ferrin to stock almost, even either than sell at
" their extreme pretensions. Looking, therefore,
" to the limited production, spinners and manufac-
" turers hold heavy stocks of yarns and goods, and

" this by choice, at the beginning of usually the
" very dullest season of the year." These re•
marks illustrate further the complete disorganisa-
tion which premils in the whole of the cotton trade.

be Court.

WINDSOR CASTLE, Nov. 2.
The Queen, with the Prinows Alice, walked in
the Home Park this morning..
The Prince Coeimort, accompanied by the Prince of Wales,
and the Maharajah Dhul. ep Smgli. went out shooting,
attended by Major-Oesieral the Hon. It. Bruce, Major-
Cameral Seymour, &ad Colonel the Hon. A. Hardily,.
Bari Speucer had the honour of accompanying the royal
piety.

The Prince of Wales left Windsor in the afternoon for
Madiegley Hall, Cambridge, attended by Majoublenseal
the Hon. Brum and Major Teead•te.
Count and Countess Gleieben ♦isited her Majesty cm
Thursday.

The follniring visitors left the Ceetle to-day:—The
Duchene of Welliogtoo, the Marquis of Ailesbury, the Earl
of St. Germans, Earl Spencer, Viscount Sydney, the Right
Hon. Sir Charles Wood, General Viscount Gough, Gomel
Lord Clyde, Lord Harria, the Right Hon. Sir John Law-
rence, Bart., and General Sir George Pollock.
The royal dinner party included the Primes' Alice, the
Princess of Hohenlohe, the Maharajah Dhuleep Singh, the
Belgian Minister and Madame Van de Weyer, lady Augusta
Bruce, Sir James Clark, Colonel Oliphant, and Idijor
Elphinstone. R.E.

Hat Majesty's private band played after dinner, in the
drawiog•room, the following pieces :

Overtniv, " Lain" — .
Herold.
Ronde de Nutt
flittront-t, No 2 Haydn.
•votz, •• Alochied vont N akin" Mendolsoohn.
11.Ira It
Nov. 3.

The Queen and Prince Cowed, the Priem@ Alice, Prime
Arthur, Prince Leopold. Primer Helena, Princess Louise,
and the Princess of Holieslobe, the Wiese/a Gentlemen of
tie Court and the Doomed@ Household, .Heeded Divine
Service this morning in the Private Chapel.
The Hon. and Very Rev. the Dean of Wisdom per.
formed the Service, and administered the Holy Seseaseat.
- . . .

The Priem of Holtenlohe arrival from the Continent oil
• whit to her Majesty.

Tbs Maharajah Dhuleep Singh left the C4stle, attended
by Colossi Oliphant.

Bin Excellency the Turkish Ambarrador had an inter-
view with her Majesty's Commissionen for the International
Exhibitioe of 1862, at their meeting on Friday last.
Despateles were irceived at Saturday at the Colocial-
ease from the Governors of Ceyba, Hong-Yeeg. Malta,
Gibraltar, and British Columbia. Despatches were sent to
the Governor of Lebnan, the Lord High Crnamilmirmer of
the lonise Wanda, and to the 00.1W00/1/1 of the North
American provinces, and limp&

His Royal Rightism Prince Leopold, the fourth
and yeasseet eon el her blajesty, proceeds to the Oestinest
taday, travelling by the tioutli-Estes Below to bollix.
steer, where it is expected that the Meek Ingle will be is
waiting to take his royalhighness acme the Olsiewil.

The Marquis of Fseter arrived in Grosvenor-
square oe Saturday frost Nowaserkat. The adds ausgsia
aid warchrosew will leave tows is a taw days for Brighton.
The Earl and Countess of Craven paned through
Loris. as Saturday, tree Comae Abboy, on their way to
Ashdown Park. Bras. Viscount Viengtos rasesiss is
Lora.

The Countess d &ikon and the Karl of Sefton
en recei•iog a anormaisa of a-miters at their matt, CraMath
Park, Laar....hire.

The Earl sad Couatese of Bective have Lilt
Undorby Hall, Kirkby Loos&le, WedmoreLW, for the
Virgiaia,cousty Cavan.

The "Ail of Ruiner is receiving a family circle
at his seat, Colethal House, Berbahirs. Vissueat and
Vasomotor Folkestom and the Hoe. Miss Bouvet* Mr.
sad Mrs. Alfred Burnaby, the Right Hoe. P.. P. Bouvet*
M.P., and Lord Ashley are mow* the company.
The Esrl of Hopetoun has arrived at Long's
Hotel.

Viscount and Viscountess Bandon leave town to-
morrow fur Brightoa.

Lord Llanover left town on Saturday on a visit
le Viso:oust and Viscountses Palmerston, at Broadlanda,
Haste.

Lord and Lady Norreys will leave Crosteth
Ark, where they have best staying oe a visit to the
Coaster of Settee, la stew days, for Brighton.
Colonel and lady Caroline Towueley and Miss
Tewealey arrived la tows on Saturday from Crosteth Park.
Her ladyship and Him Townley leave town to-morrow for
Brig toe.

The following gentlemen are making a tour
through Bpaia, Morocco, and Egypt :—Sir Cape! Mo'yam:,
Bart., of Calais Wiwi, Antrim, 'raised; James L. Her;
Req., of thsaford ; and Robert Lobe Morrie, of Pembroke
Lbillego, Oxford.

We (Irish Times) regret to have to announce the
4m of the Hos. and Very R..•. Robert William Henry
Maude, dean at Clogbar, Misalliance of which sad event
rimelied Dublin yesterday. Dean Naiads, who was as uncle
ad t►e pment Visoount Hawszden, was born in August,
INK said was therefore in die 7dth year. He married in
Nay, 1t27, Hon. Elizabeth Nary Prettie, eldest daughter of
Sea. Francis Aldborough Prettie, father of the prevent
Lad Dvially. Dean Maude held the living as well u the
dream of Camber.

Tb. Nuthers Whig state; that Sheridan
Kayolse is sneering from sews ilium in the neighbour-
hood d Belled.

An euterpriaing gentleman, connected with one
of our piddie places et amusement, ran intimated to the
latersational Exhibition commissioners he &lire that
aspen, the teatime of the Exhibition 'braid be a bowling
alley, • shooting pllory for practice with rides, and a
skittliegromad, without ass and all of which, for the de•
Iseratiou of the Hera, he le of opinion the peat andertakkg
et 18112 w:11 be tar from complete. He was willies to be
ee self-denying as to take upon himself the management of
Hen places. However, the commia,iooeis, failing to see
how skittle@ entered into the plan of Use Exhibition, were
impala to decline the peopesal.
- - .

Mr. Chas. Mathews contradicts the report that
be has spilled the stage. "That I ant going," be Sys, "to
try the sapsriasst of as 'estertai.sitest ' is true, sod 1
hogs its moo= may be such as to give me a little respite
tem drsesite labours, to which, however, is a abort
tits I lagged to return. As as actor I tint sued for public
favour, sad as as actor I hope, when the time shall arrive,
to mho my Mast bow."
_

We (Liorrpool ibion) have the bast authority for
glebes OA emphatic coutrulictioo to the report that the Hoe.
Yrs. J. C. Dormer haaembreeett the Ream catholic faith.

It is ooutomplated to hold • groat proteatantL-
sicesintios at the at Wert of w Kayneeth Endowment in
Dublin. Mr. Malley, M.P., is SO Weed.
.

The late Mr. Julio Gold, a stockbroker in Dub-
lin, left romiey for the erection sad endowment ct • church
le Ratko.", which was opened on Friday by the Her. Man-
illa Dar. !Least 10,13:73t., and there is an endowment of
UAL • year for the incumbeut, besides the pew rents. The
lasennhent tie He,. James Hewitt, late curate of St.
listtlies. Wet d the &Melo in Zion Church," to which
he Ins Sees ssnsisted, were let before it wee opened. It
will seat SOO. By the will of the founder • coosiderable
number of this inttinp must be free to the poor. The con-
rogation, however, will be one of the most fiulinnable
In Dublin. The church is • floe building, beautifully situ-
ated, in • district the population of which is rapidly ia-
creasiag.

A free passage to New South Wales has been
obtained for 150 d the parlor lately evicted from their
Waives' Detereegk, county Donegal-50 sea sad 100
nem% between the ages of 15 sad 40. whether married or
sin" provided they he healthy awl @trace of their are.
• smirksl couple, hay's/ coo or two children, may get out.
Rash mem have two mute of ellehee, but Dew bolding, with
Iseithes ebsesiks, will be provided on board, and will be
Etna as the migrant on Luling if well conducted. Buck
is the teener of a make, extensively circulated by the
asereteries at the Derryveash Relief Committee.
The express boat fru= Logstowu to Holyhead,
emaexion with the Master and Holyhead Railway
Company, ceased to am ea Friday. the City of Dublin
lawn Packet Carapues beats being ((mod sufficient far
the traffic.

The Bombay University has held its srat examiva•
tics is arta. Out at Alta= aaadiclates only was passed