The Express.
London, England, 1852-01-03 00:00:00

COMMERCIAL AND MARKETS.

PRODUCE MARKET.
Setcr.s.—Nutmegs: the arrivals have ham large during
the year. The importers have sold freely, and our present
quotations show • decline of to 9d. Compared with the
same period last year, the stock on hand is large. Mace:
Tho exportation has been larg which prevented our
stock increasing, but prices are 4d. e,
to txl. lower than in
January, 1851. Cloves have been tali rably steady during
the year, and prices do not show any material decline.
Cinsaman has been dull of sale during the year, each
quarterly sale showing a decline upon the preceding one,
averaging nearly 6d. per lb. Cassia lignea : The sup-
plies have been small, and the market has been bare of
goods. Prices have ruled very high. Present quotations,
105 s. to 120 s.

IMIDIOO AND DlllolALTrale,,—The circular of MeINNI•
H. W. Jewesbury and Co., contains the following observa-
tions :—We have no improvement to notice in our markets
during the past month, importers have been willing sellers,
and the tendency of prices generally has been and further
in favour of the buyers; the little brumer felt in the early
part of the month proved to be only temporary, the quan-
tity of produce offered, together with the large stuck on
hand of all the leading articles, prevent, any hope of im-
proved rates for some time to come, unless from the abun-
dance of money a speculative feeling should arise, of which
we seem symptoms at present. The pant year will be long
remembered for the great reduction in value of produce
ET:Lally, there being scarcely any article which has not
talan is yam, 1a sway ammo. considerably be-
low the coot of import. Mei January to December the
purchases made in each successive month have proved dear
in the following one, such has been the constant downward
tendency of prices; the unsettled elate of the Continent has
had something to do with this, and further influence will no
doubt be felt from the course which events may take there.
The Importations of nearly all the leading articles of pro-
duce have been largely in excess of previous years, and the
stocks show a corresponding increase, notwithstanding the
deliveries have been very good. The lute accounts from
India are not favourable for imports, which has causal a
corresponding feeling here fur goods suitable to that mar-
ket ; us exports the accounts hence had caused considerable
flatness, but the low rate of freight induced shipments to
continue.

Site.—The circular of Messrs. H. Waithrnan and Co.
reports as follows on the state of this market :—Our market
during the past month has been very active, and a largo
amount of business has been done in all descriptions of raw
and thrown silk. In the early part of the month a good
demand sprung up upon the Continent, and a considerable
advance took place in prices there ; this attracted the at-
tention of foreigners to our market, where comparatively
much lower prices were ruling; and the consequence was
that large purchases were made ; so much so, that almost
the whole of the available stock in the hands of our Italian
merchants was taken on foreign account. Prices may now
be quoted Is. 6d. to 2s. per lb. higher. Our manufacturers,
feeling that silk had now seen its lowest, were induced to
operate freely, and large purchases were made in China and
Bengal silk; an improvement in prices has taken place of
about Is. per lb. on the former, and 6d. per lb. on the lat-
ter. On a review of the past year it will appear that the
consumption of China and Bengal silk has progressed
favourably. The fluctuations in the market have not been
great, but prices generally, till within the last few weeks,
have exhibited a downward tendency. It may be observed,
that there perhaps never was a year in which regular ope-
rations have been less interfered with by speculation. In
Italian silk the importations have been on the same limited
scale as those of the preceding year, and the pretensions of
merchants have been such as to impede in a great measure
any general consumption of this class. In Brume silk the
importations during the year have been very small, and
have always sold freely on arrival. In Persian silk some
business has occasionally been done, but not to any great
extent.

WOOL MARKET—THIS DAY.
There has been a little more doing in several descrip-
tions of foreign Wool this week, and some considerable
sales of Australian and Cape for the French and Nether-
land markets have been made. The importations in Dec.
1851, were : 13,340 into London, 10,8.12 into Liverpool, 1,266
into Hull, 18 into Leith, besides 221 bales ;Arnie Wool
into London, and 126 ditto into Hull. English Wool is
obtaining a small advance, principally owing to
the French buyers. The imports of Wool into
London this week comprise only 112 bales from Taganrog,
and five from Hamburgh. With regard to the influence
that may be produced upon the Wool trade by the discovery
of gold in Australia, the great wool-growing country of the
world, the circular of Messrs. Joseph Robinson and Co., of
Liverpool, contains the following remarks When the
first announcement reached here it canoed no trifling
sensation, but as each succeeding arrival transformed
doubt into reality, and the glowing accounts of the
success attending those who flocked in hundreds to the
scene of attraction, from the exterior and interior, with
the continued desertion of the inhabitants from the various
towns, the matter became serious to contemplate. As the
principle weight of the raw material imported is sent here
from New South Wales, the question very naturally bas
been raised as to supply, and what may be the expected de-
ficiency; which interrogative requires cautious considera-
tion. That a restriction must ensue cannot be doubted,
and fears are entertained that the receipts for the coming
season, shortly to commence, will leave such a scarcitf,
that manufacturers will have to look elsewhere to fill up
the vacuum, and at an increase in value that
has not been known for years. Should this limitation
occur, where are we to look for the necessary quantity ? It
is very questionable whether Germany, Saxony, or other
European countries, where tine classes of Wools are grown,
can spare a sufficiency; and in the present state of Cape
affairs a diminution is certain ; therefore imports may be
anticipated from the United States, many of the flocks
there being very good ; for some time past none of these
Wools have arrived here, having been excluded by the
reasonable prices of botany. It is poasible more may be
received than rumour prognosticates; should this be the
ease, it is believed, and with a degree of fairness, that the
flocks will arrive in an ill conditioned and unwashed state,
much run with gram seeds from neglected pastures"—
On the general prospects of the trade the same authority
observes:—. Judging front the past few months, and the
indications of the present, prospects are such as to make us
feel sanguine of • flourishing trade; the intelligence re-
ceived recently from France, having been speedily fol-
lowed by a demand in our own market for that empire,
shows that the requirement for all manufactured goods
there is not a speculative, but a necessitous
consequence. Although the trade of the manufactu-
rerhas in numerous instances been a losing one, the
consumption is apprehended to be fully equal to the im-
herte and, as there are no stocks to full back upon, either
re or elsewhere, of any magnitude, a rise would assuredly
accrue in the of any slight extra demand, whereas no
decline will be visible as long as the supply is so trifling."
TALLOW MARKET.—THIS DAY.
The market remains steady, at the annexed quotations :
—Town Tallow, 3Gs. 91. to 375. nett; l'etersburg Y.C. on
the spot, 365. 94.1. to 375. new; 365. 3d. old; new year
(1652), 38e.; January and March, 365. 9d.

Id AVEILAOIIB.—Town Tallow, 395. 6.1. ; fat by
ditto, 24. Id. ; yellow Russian, 38s. 6d. ' • melted staff. 290. ;
rough ditto, 18a. ; 'fallow graves, 9s. ; good dregs,

SMITHFIELD HAY MARKET.—THIS DAY.
Maim Cooper and Davis report the supply short and
trade brisk, at the following quotations: Prime Meadow
Hay, 72a. to 78s. ; interior, 66.. to 68s. Rowen, 655. to 631.
Clover, 728. to 87d. 6d. ; second cut, 665. to 765. Straw,
21. a. to 25..

COVENT OARDEN.—THIS DAY.
English Pine.apples and Grapes eontinue plentifel. A
few foreign Peers are still furnished. The best English
kinds fetch good prices. They consist of (flout hlorceau,
Nelis, and Chaumontelle. Nuts are nearly the
same as last quoted. Carrots, turnips, Cabhews, &c., aro
suffieient for the demand. Potatoes are generally good in
quality. Lettuce. and other 'Wading arc sufficient for the
demand. Mushrooms are still deer. Cut flowers consist of
Reath', Pelargoniums, Mignonette, Stephanotis, Bignonia
reunite, Chrysanthemums, Camellias, and Roses.

FRUITS.
Pintpap par lb., 3. to 6s I Almond', per peek, 6a
Gram,. ursoe, p.lb., 2a to Ss street, per lb.. Is to Se
Lista*, per lb., 94 to Is Orman., per dos, Is to Is 6d
Apple*, Mob., per bwi1t.,24,33•91 per 1101, Os to liis
Prom. dimairt. par 4 ar., ts to as Nolo, Rar., p. bueli., 20. to 22.
UM W% per dos., Into On I,r9sel, p. Web., Ils to IS.
Wslitulat per busli., 12n to 24 Filberts, per 100 lb., los to Otts
VRORTARLE.S.
linasVh re dos., Rd In le Lftlio, per band. Id in Al
wan, per dux- 2s ma. shallots, pre lb. tad to ad
Bromolt. per bunch, iht. h. Is SI Gsrlic, per lb., 64 to hi
Maims, per pot, tla to Sth Arttelmies, Jerusalem. per bUr
pee earP, 2. Pi Si pose, 94 to I.
per bush., Is tit to 2. 6.1 Latium, Cab, p. score, 44 to Is
Turnips, per booth, Id in Si Cos, per mom, 91 to I.
(Mambo's, men, 6,1 to Is Srnnll na...4., p.pon, 2,1 to 3d
Itsdashm, per dna., 9d to la Hors. R.slard, per bell, Is WM
Turnip, per 4e., 9d to Is II tiotruosoi, per pot, Is to 2s 64
(hirer, per tionde. nil to I. 6d per tm.b., 7. to 10.
.. _ .

Oerrot;:ttre buret.. Mt& lid I (Sorrel, per hh. Ille, hd to 94
Brussels tiprout", per half sieve, Preach per temett, Sd to 3d
is rd to fe &mute, per beach, Sd to 3d
',murk per mere, Is to Is Id Thyme, per bunch, 14 to &I
Omni& per bunch, 1.1 to Ad Itrsky, p. doe. bush, 1e to 3.
SP•nv6l. p do:., ti6d t 036 Wilt. her Burch, Id to &I
F.nellve. per PC qe, 9d to Is %AI, per bunch, 3,1 to CI
Beet, per tine., &I to to Marlorso,do., ter bunt, 34 t^ Id
ninthly& pm doe., 61 tole WAWA cram p, r los.taner.td to Ed

80t/TII EASTERN RATLWAY.—Yestertlay
pony'. extension line between Tonbridgo Wells
-" r -
huts was opened to the town of Boittle, and the .
of it to Hostingand S neart. Leonard'., now ear
Will, it ill *vetted, be opened during the ittettlen , •
(-14
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