The Express.
London, England, 1852-01-14 00:00:00

COMMERCIAL

NEW YORK, TeSSDAY NIGHT, Die. 30.
Government storks and other leading securities have
fluctuated but little during the past week. The demand
from Europe, although hteatly, is not extensive, oval the
fact that the bouts of transfer of moat of the principal
stock. are closed, has had • tendency to restrict operations.
After the Ist of January, however, more animation may be
expected, the book. of transfer will then be re-opened, and
a large amount of mom y paid out in dividends, interest,
Ac. Independent of the numerous semi-annual dividends
which will be paid by the various incorporate.' companies,
upwards of ono million of dollars will be paid by the
assistant treasurer in this city, on account of inteiest to the
United States loans; and two million four hundred thou-
sand dollar. by the state of Ohio, on account of interest and
part principal of her funded debt. The exciting news from
Franco had a depressing effect upon the market for specu-
lative stocky, but it has now subsided, sod prices range as
tvforr.

The re has been a fair demand for foreign exchange, hut
the supply has been ample, and sterling has had a decided
downward tendency. We quote Loudon, 110 to 1101 ;
l'aris, 5.131 to 5.20; Amsterdam, 411 to 411; Hamburg,
361 to 361 ; Bremen, 781 to 781.
It is probable that the Europa will take out eight hun-
dred thousand dollars in specie, but the demand has fallen
off, and, should sterling fall to 1.10, there will be no anxiety
to ship.
The California mail, which left San Francisco on the 4th
inst. , has not yet arrived, but it is confidently expected that
a large amount of gold will be received by that conveyance.
COTTON.-The intelligence received per the Europa of '
the coup d 'estat of Louis 'Napoleon, accompanied by instruc-
tions to cancel orders and suspend credits, caused buyers
immediately to withdraw, and the transactions under the
receipt of the Baltic's &deices, were confined to small parcels
forced off at a reduction of Ic. to le. Subsequent) y more
disposition was shown to purchase, and on the 24th 3,600 bales
were sold, at an improvement of le. to je. Subsequently
more disposition was shown to purchase, and on the 24th
3,001) bales were sold at an improvement of Ic. to Ic., chiefly
for the Continent and home use. On the 20th the Canada's
accounts came to hand (by telegraph) advising, contrary to
expectation, a moderate business in Liverpoul, and • par-
ti d reduction of Id., although the political news from
France was satisfactory, order being mill preserved. On
the 27th, with light sales, 1400 bales, prices were agaio go.
easier, although no anxiety was shown by importers to
realise. On the 20th 800 bales sold without change, and to-day
exporter., and consumers have operated freely, the oohs
reported on 'Change amounting to 3,000 hales. Our quo-
tations annexed are le. to jc. below those advised per Nia-
gara. At New Orleans neither the advice. per Europe, Baltic,
or Canada, appear to have produced much effect. The
price of "miderins" is stereotyped at 71c. to 71c., and at
Mobile at 71c. to le. There is now certainly less disposi-
tion among Americans to ship than existed a month since,
as they have lost confidence in the improvement, then anti-
cipated, iu the Liverpool market during December and
January.
The export to Great Britain will probably, therefore,
continue on a moderate scale, until more liberal limits
are received, or an advance is established, as planters,
particulurly those of South Carolina, Georgia, and Flo-
rida, are either holding their crops tor higher prices, or
have made less than we supposed. But we are not pre-
pared to admit an error in the estimate advised, vie.,
2,700,000 bales, as the growth of the season, although
well-informed parties at the south are beginning to
qui stion this fact, but we are free to admit that we do not
believe that quantity will reach the ports at the present
range of prices. To planters. and in fact, all above the
inthence of limits, it certainly must appear preposterous,
that a crop of 2,700.000 bales should yield the year. South
of Virginia the estimate was last year reduced in consequence
of high prices, from 107,000 bales to 60,000. The quantity
consumed in the States south and west of Virginia will, at
least, this season equal that of '49 and '5O, and the total re-
quirement* therefore of the L'nited States fur consumption
we estimate for 1851 and 18.52, at 607,000 bales. Of your
own consumption and that of the Continent, and the pro-
bable supply from other quarters than the United State",
you have the data from which to draw your own conclusions.
Much interest is felt to learn the declared stock of American
in Great Britain on 31st December, and on this subject
there is a wide margin in the estimates here made, arising
solely, however, from the different views entertained of the
quantity to be added " for error in stock taking."
tither
At'antle. N. Orleans. Golf Poeta.
Inferior
Ord. teamed
Wirt. to good
Sid. fair to fair lll to 811 ... I to 94 ... to 94
Fully fair to good do owns. ... woe. ~ noes.
Freight to Limped eery doll at id. To Bane arm at le.
Pnovtatorrs.-Pork is dull, and prices have a downward
tendency. Sales of mesa have been made at 14 dots. 75c. to
151 doh for old and new ; prime ditto, 13 doll. 60c. to 13
doh 871 c., wit° a lot occasionally at 14 dots. Beet is dull,
at 8 dots. to 11 dots. for mess' arid 4 dole. to 5 dots. 25c. for
prime. Lard is firm and in demand at 9to for prime in
barrels, and 9t091 in kegs. Dressed hogs bring fie. to 6'c.
Butter, 21c. to 21e. for Orange County ; 15e. to ilk. for
State ; and 12e. to 14c. for Ohio. Cheese is in good request,
at 6c. to 71e.
AtIFIRS.- Pot ashes are steady, at 4 dots. 871 c., and pearls
at 3 dots. 621 c.
NAVAL STWILS.-Rough turpentine
. is steady, with mo-
derate sales at 3 doh. 61e.
and has been sold at Vic. to 35 e. Wilmington rosin, 1 dol.
32e., delivered. No. 2 ditto, I dol. 75c. Tar, 1 dol. 811 c.
Famours.-To Europe are dull. Cotton was taken for
Liverpool to-day at 1 dol. per bale. We quote flour and
meal, 9 to 101. per bbl. ; heavy goods, 15e. per ton ; bacon
and cheese, 15s. to 20s. per ton • grain in bulk, 3d. to 31d.
per bushel. To London tobacco, 265. per hhd. ; flour,
Is. 9d. ; turpentine, 2s. to 2s. 3d. per 280 lbs.; measurement
255. to 30s. per ton • heavy goods, oil, &c., 17s. Oil to
22a. ; cheese, 30; ; Beef and pork, 4s. to 4s. Gd. per
tierce. To Marrs : Cotton, square bales, Ic. per lb. ;
ashes, 6 dots. to 7 dots. per ton ; rice, 8 dol. ; '
quertitron
bark, 7 dol.; measurement goods, 8 dol. ; whalebone &a.,
Ic. per lb. 600 bbls. of flour were engaged for Glasgow at
Is. 714.
BaeramErtrrro.-Edward Bill's Flour and Grain Circu-
lar. Exports of breadstuff' to Great Britain and Ireland,
from September 1, 18.51:

From To Moue. Mail Cu" Mint Does.
—...--. —
MI. DWI. bblo. bob. bob.
New Teat Dee. 30 280,909 ... 732. U% 217,993
New Orleam „ 10 4,003 .. . 06,049
Philadelphia ,, 1 31,671 1,00 67,539 1,233
Noldisaeo o 1 13,923 ... 63,401 ...
, Boston
Other Porta .
3,100 ... 11,000 1i,i77
--- - - -
Total
About woo date bat year

(Per Europa). New York, Dec. 30.—Based upon an ex-
ceedingly light stock of flour for the winter supply as stated
in my last circular, and which has now been still further re-
duced, and also upon the small supplies expected for some
weeks or even months to come, there has been some specu-
lative inquiry for the week past, and a few thousand barrel'
have changed hand., at 4 doll. .50e. for State brands, leav-
ing the market in a firm though quiet state, without, how-
ever, any export demand of consequence, and a limited
trade fur home use.—Wheat: The stock of all kind. is now
said not to exceed 125,000 bushels, and the last sales show
an advance of 3c. to se. per bushel, on my highest former
quotations.—Rye has also advanced, as the article is seldom
stored, and stock afloat having been all taken, we cannot
expect lower rates until the opening of spring navigation.
Indian Corn, of the old crop, continues scarce,
and the severe cold of the but week having closed
the southern riven, the supplies of the new are not
at hand, prices in consequence are higher, abut, in the
absence of material sales, may be considered nominal.—
The exports from this port for the fortnight ending on the
26th init., consisted of ; 7,657 bhrs. Flour, to London ; 3,554
bbh. Flour, 79,111 hush. wheat, to Liverpool; 5,029 bble.
Flour, 25,420 bush. wheat to Glasgow ; 146 bbls. flour to
Antwerp; 800 bble. flour to liamburgh.—Flour: With the
ezeeption of some speculative movements, the trade (ea
usual in the winter months) has been very quiet, and
mostly of a retail were. Canadian, in bond, has been
inquired for, and sold at 1 dole. 25c., but is now held at
4 dole 371 c to 4 doll. 60e. Common to straight State
brands may be quoted at 4 dole 50e. to 4 dole. falic. Ohio,
Michigan, and Indiana, 4 dole. 5640. to 4 621 e. ;
gionuethearnikil G
kinds aernne etege4o.4 dols.
. ilacin.gto44 75c..
to 4 dole 62ic. for Baltimore, Alexandria, George.
town, &e. ltyo flour, with light supplies, has improved,
and is held at 3 dole. SOc. Corn meal sells at 3 dole Zic. to
3 dole. 50e. for Jersey end brandywine.—Urain The de-
mand for both milling end export has been active, and
holden are firm in asking 100 e. for Canadian in bond ; 100 e.
to 103 c. for white Michigan, and 10Se. for white Southern.
Genesee white iv nominal at 115 c. to 120 e. ; red and mixed
Long Island and Ohio, 95e. to 100 e. ltye has been sold at
77e. to 78c., and in the absence of supply is now very firm.
Barley mains Tact at bUe. to bdc. Vats hare advanced