I have used a different slider Cycle2 but try:
$(document).ready(function() {
setTimeout(function() {
$('#loading').fadeOut(400, function() {
$(this).remove();
$('#container').load('http://fiddle.jshell.net/744Ew/show/ img', function() {
$('#container').cycle({ speed: 600 });
});
});
}, 1000);
});