The Sun.
London, England, 1866-11-03 00:00:00

Walter is seeing for himself the wonderful progress
which the Republic is making in all that consti-
tutes a prosperous State. I quite expect to see Mr.
Walter a guest of President Johnson's by special
invitation. The 7imes has been a fast adherent of
the South all through, and of late, as if to prepare
the way for its principal proprietor, Mr. Johnson
has been singled out by it for more than ordinary
flattery. Mr. Walter does not interfere much in
the management of the Times. He does not write,
though he is a scholarly and well-read man. His
University career was creditable, and the little be
said when he was in Parliament was sensible,
though not brilliant. The Times pays him assiduous
attention. If he speaks at a meeting of fifty or
sixty labourers on his estate a reporter is sent down,
and the world is taken into his confidence. Were
Mr. Delano, the editor, to visit America, there would,
perhaps, be more significance than in Mr. Walter's
tour. During the rebellion Mr. Walter, no doubt,
was or. the side of the slaveholders, or his influence
would have checked the rabid Confederate writing
of Dr. Mackay and his colleagues, but nothing
exists that can be traced specially to him on the
subject. He is cold and imperial in temperament,
and strikes most men who meet him as proud and
reserved.. Every year the members of the Times
corps are entertained by him at his country seat,
and I assure you the day is not looked forward to
with any impatience. The men speak afterwards
of the proceedings as iced, from first to last. Mr.
Walter's father, though a plainer man, had more
ability about him, and by his enterprise and indo-
mitable pluck laid the foundation of the present
success of the journal. In 1806, when the grand-
father gave up the paper to his son, the circulation
was only 1,000 a day, but it was soon established
and its reputation rose. Mr. Walter is very ri3b,
and is understood to be ambitious for a peerage.
Indeed some people attribute the inveterate hos-
tility of the paper toward Mr. Gladstone and Earl
Russell to the refusal of those statesmen to advise
the Queen to exalt Mr. Walter to the House of
nimble."

Only 778 feet of the lake tunnel at Chicago re-
main to be completed, which may be dug out in five
weeks. The length of the tunnel when finished will
be 10,550 feet.

Such estimates of the cotton crop of the United
States in 1866 as are made upon any apparent basis
of authority will no doubt be of value abroad. The
Agricultural Department of the United States Go-
vernment has just issued an estimate founded upon
the personal observation of a corps of agents
throughout the South. This department, while not
considered thoroughly reliable by Americans, still
has some weight attached to it from the fact that it
is the official superintendent of American agricul-
tural affairs. The commissioner prefaces his esti-
mate by stating that it is too early yet to predict
the result of the year's efforts with certainty, as in-
sect enemies may yet affect the result, and the corps
of observers is not sufficiently complete to warrant
a reliable estimate of the amount of cotton. Hot
however, takes the result of their estimates as 3
basis for estimates of the crop in the several States.
The statements are in tenths, not of an average an-
nual crop, but of the large crop of 1859 reported in
the census of 1860. Upon this basis he makes the
following estimate for the cotton-growing States
State. Proportion of Crop of 1859. Bales.
Alabama ... Three tenths 296,06
Arkansas ... Four tenths • 146,007
Florida ... Three and one-eighth tenths— 21,717
Georgia._ ... Two and one-quarter tenths... 175,460
Louisiana Three and three-quarter tenths 281,601
Mississippi ... Two and one-half tenths 300,026
North Carolina Five tenths
,„ 72,757
South Carolina Two tenths ... 70280
Tennessee Ten tenths „, 296,460
Texas Fourth tenths 172,585

-.-....._........

Total crop •1,835,487
General Grant's pay is $18,678 per year, and
Lieut.-General Sherman'ssl3,slB. Each is allowed
50 horses. A major-general gets $5,800 per year,
and is allowed five horses. The pay of a brigadier
is $4,940 50.

COUNTRY MARKETS.

WAKEFIELD.—FnmAy.

Wheat, with a slow consumptive demand, was without
any material change in price. Fine barley maintains it 4
value. Other articles unaltered.

LINCOLN.—FRIDAY.
Our market to-day was scarcely so well supplied with
wheat, which changed hands at late rates for fine qualities•
For barley, of which the supply was fair, prices for best
sorts were fully as high as those of last week. Oats found
buyers steadily at former rates. Beans in tolerable de-
mand, in favour of the seller.
New white wheat, 63s to 60s ; new red, 50s to 55s per 36
stone. Barley for malting, 42s to 49s per qr ; grinding,
34s to 38s per 30 stone. Oats, 22s to 325. Beans, 48s to
50s per 38 stone.

L IVERP 0 OL.--FRIDAY.
We had a moderate attendance at our market to-day,
and wheat was not in active demand, at last week's rates.
Flour very slow, at last Tuesday's rates. Oats ld per
bushel, and oatmeal 6d per load easier. Indian corn dull,
at 33s 3d to 33 6d per qr.

DERBY—FRIDAY.
The supply of wheat on offer to-day was tolerable, and
the trade dull, business being done in flue samples at about
late quotations. A fair inquiry for barley, and choice lots
realised quite late rates. Oats in steady request at top
terms. Beans a fair trade at a trifling advance.
New white wheat, 62s to 66s ; old red, 56s to 61s per 36
stone. Barley for malting, 44s to 48s per qr. ; grinding,
37s to 38s per 30 stone. Oats, new, 27s to 29s ; old, 29s to
34s per 24 stone. Beaus, old, 50s to 525; new, 46s to 03
per 38 stone.

STAMFORD—FRIDAY.
Wheat was a tolerable show to-day, and rates were
very little changed. Oats and beans dearer.
New white wheat, 56s to 60s ; red do., 52s to 56s per 86
stone. Barley, malting, 42s to 48s; grinding, 34s to 383
per qr. Oats, new, 24s to 28s ; old, 28s to 32s per 24 stone
Beans, 52s to 54s per 38 stone. Peas as of late.