The Sun.
London, England, 1863-01-20 00:00:00

BETTING AT MANCHESTER, MONDAY.

There was no change in the betting on the Two Thou-
sand Guineas or Chester Cup. For the latter event 1,000
to 30 was offered on the field, and offers were made to take
40 to 1 against either Plover or Stradella.—There was no
change in the quotations against the favourites for the
Derby, the business transacted bnng confined to a few
outsiders. Closing prices :

CHESTER CUP.
1,000 to 30 on the field (offered)
40 to 1 agst Plover (wanted)
40 to 1 agst Straddle (wanted)
THE DERBY.
I 1 to 2 agst Lord Clifden (offered)
20 to 1 agst Carnival (taken)
30 to 1 aget National Guard (taken)
30 to 1 agst Blue Mantle (offered)
50 to 1 agst Taje (taken)
1,000 to 15 agst Glenochty colt (taken)
WATERLOO CUP.
100 to 7 agst Mr. Spinks' nomination (offered)
100 to 6 agst Mr. Blackstock's nomination (offered)
22 to 1 agst Mr. Worrall's nomination (taken)
25 to 1 agst Mr. Gregson's nomination (taken)
33 to 1 agst Mr. Cloudesdale's nomination (t. freely)
40 to 1 agst Mr. Knowles' nomination (taken)

LIVERPOOL COTTON MARKET.

(From tke Liverpool Albton.)

The sales or cotton for the week, as made up on Thurs-
day evening, amount to 51,420 bales, of which speculators
have taken 26,270; exporters, 3,340; and spinners, 22,810
bales The market opened weak on Monday, and prices
declined id. to id. per lb. in American, an impression
gaining ground from the character of the advices by tee
Scotia that we were on the eve of hearing. of a movement
towards the cessation of hostilities in America; but on
Thursday the decline was recovered, and yesterday prices
of Surat were id. and id. par lb, above the previous
Friday.
The change was caused by the advices on Wednesday by
the Etna of Mr. Lincoln's emancipation proclamation hav-
ing been published on the Ist of January, and by the deli-
very of the inaugural speech of Mr. Seymour, the Demo-
cratic Governor of New York State, in which he showed
himself favourable to the maintenance of the Union,
though with that of States' rights also—a ft cling which
pervades his message to the New York Legislature, as
telegraphed this evening from Queenstown.
_ _ _ .

We learn from the China letters delivered in Liverpool
on Thursday afternoon that, since the departure of the pre
vious mail 150,000 piculs of native cotton had arrived at
Shanghai, of which 85,000 had been purchased for ship-
ment to England and America at 12/ to 13 taels per picul ;
and several vessels were on the berth loading from £2 15s.
to £3 per ton of 5) cubic feet, Part of the cotton shipped
to this country has been to some extent pressed, but the
process being exceedingly slow, a considerable portion of
the shipments, it is expected, will be unpressed. The
charge for pressing is 6 mace, or about 3s. 6d. per picul.
Tempted by the high prices, the Chinese are selling all
their stocks to their eventual injury, as they are large con-
sumers in native manufactures of their own raw material.
This cotton is reported to be packed very wet, with the
heavy due upon it, and it is further stated that the cotton
hongs are putting water into the middle of the bales to in•
crease the weight, so that the loss to importers in the defi-
ciency of the out-turn in this country will be considerable,
as on a small lot sent to Hong Kong the loss was 6 to 7 per
cent. Some of this cotton is being sent to Bombay, and will,
no doubt, find its way thence to this' port, the same as that
from Bengal (which is coming to us via Bombay), either in a
pure state or mixed with some descriptions of Surat. At
the quotations given above the purchasing price at Shanghai
is 7d. to 7/d. per lb., and, adding all charges, with a liberal
allowance for deficiency in weight, will be found equal to
about lid. to 11d. per pound landed in Liverpool. It is
described in Bombay as being white and clean, but of
a very short woolly staple. like that of Sholapore cotton,
and wou'd probably sell in Liverpool to-day at 151 d. per
lb., the price of Compts, with which the samples rank that
have been seen here. As yet none of this cotton has been
imported into Liverpool, though some has found its way to
London. The picul is equal to 13311 b. avoirdupois, conse-
quently 150,000 piculs of cotton are equal to 50,000 bales of
4001 b, each.

From Hongkong four vessels are reported by the present
mail to have sailed for England with full cargoes of cotton,
but these are of Indian, not native production.
Calcutta, it is said, will require 50,000 tons of shipping
to convey the cotton to this country during the ensuing
season.
These sources of supply, satisfactory as it is to find them
opening out for us, will only help to meet a portion of our
requirements ; for, besides having to eupply the wants of
our own spinners, we may expect a large increased demand
upon this port during the present year for shipment to
Europe, and possibly to America also, for in 1863 Liverpool
will no doubt be more than ever the great storehouse for
cotton, hence, in estimating our available supplies, we must
nDt leave out of consideration their absorption by others
besides our own spinners.
On Friday the sales of cotton were 4,000 bales, and on
ha
lf
the 3,000, speculators and exporters taking about
the quantity each day. The market closed this evening
dull, but steady in price.

THE TEA TRADE, San. 19.—The deliveries in
London estimated for the week were 1,054,834 lb., which is
an increase of 84,931 lb. compared with the previous state-
ment,