The Express.
London, England, 1862-09-27 00:00:00

MA liK ETAS.

SUGAR. —The average once of brown or Muscovado
sugar, the produce of the liritiah poem...lone iu
forth, wait urging Sept. ZS, is 22e. Md. per cwt., tactual..
of the materna duty.—No reborn af the pries of brows
ee Meeeavado mar, the produce al the Mauritius, for
the week ending as above.—No return of Sb. price of breve
ae Muscovado supz, the produce of the East Indite, for the
week ending as above.
BRISTOL, Bin. 26.—There has been but little busioe.
done this week, both poems and raisers showing as is W-
heelies tdeopersting exeept for immediate wank. gam_
No maks to report.

COTTON.—LrvrarooL, SEPT. 26.—The market has bees
very slow tad unsettled all the week op to the Moss of yaiter.
day. Oer gestation have denlioed dace Friday het fully
ld per lb. on American, ld. to it usßread, and ld. to Pd.
en Baptism, whilst Bunts have varied very little from tee
rates thus quoted. This inactivity may be traced to ova*
anxiety with repzd to the erne of American grans. as
tart be sanensced by the expected steamer from New
York. Them smounta only ree as at the close of yes-
UMW. business, and as they report Federal sacrum sad
are adverse to any immediate settlement of the difficulty
now existing, the effect here this morning is the raislug tee
raaw of American, Brazil and Pi yptitn and sum
d. per lb., and indaciog an *olive- demised. We hive
fair of/snood to-day. Sales 6.000 balm. The following ara
the official quotations : Fair Orleans, 2lid. ; middling
fair Mobile, 28d. ; 25d. ; fair Upi,,i„l
17d.;middling. 240.

CIOY'fON 0001D6.1Lincomerna, Sere. 26. —The mark, t
bee been exceedingly quiet during the entire week, and
glace Tuesday than has been • leaded depreeeion m pricer.
Under the Inatome of the American news to-day, however,
W yarn market has assumed a more cheerful aspect, {HA
W downward tendency of pries has been checked. Spin•
ten and speenlaton are asking within • fraction of the
highest mutes lately eurrest. The market closes finn, and
likely to advance, but there is exceed.
;* =busied.. doing. The cloth market is affected in
the same direction and under the same influences. Sellers are
epic beginning to ask vuy full prices, and all symptoms
of decline have vanished. Bayer have not operated to any
extent, being anxious to receive coolrmation of the re.
ported Federal victory in Narylead Wore making fresh
investments. A few weeks ago • Confederate success wu
secemary to sedan prime ; now a Federal meow is de.
sizable, et anything in feet which tends to indicate a
=optima of the war. U the American tows is COP-
we shell probably have • renewal of speculative
operations, and en admen of prices, each as we have had
at Liverpool to-day, where mown Is telegraphed as tel. to
ld. per lb. higher, with an incased Imminent Of course
thin position at the market is modified by the probability of
arrivals of Indian cotta, before long, and any
large quantity open* in at coos might have a damaging
effect both here and at Liverpool ; but at pre rot
the market is very fins, with so premiere to sell.
Mr. Haroen'a proposed substitute for whom is rye& lag due
attention, but no great hopes are entertained of any useful
malt. Several parties here bays sent for quitatitie. of genes.
wrack (rosters marina), with • view to experiment..
Amompt them is one of our most eminent maeldisists and
a cotton spinner. The first great obstacle to be eneountered
will be the large quantity of vegetable or nosoilegtoote mat-
ter to be got rid of before the fibre can te disengaged.
Some persons on oar Excheage, on Tuesday. iodinated the
I"proportion of the fibre to the pate at little our a pound of
the tamer to • tan at the latter. This is probablyan sup
pieties, but there is no doubt that the yisid will henry
..send, sad the diffieulty will probably be peaked finding an
diciest and sufficiently simple mode of rientevbs the super.
Ilona matter without injury to the fibre. The fibres Sr. so
exceedingly fine, that it is calculated that five of them an
only equal to about one fibre of ordioary cotton. The feu is,
therefore, that for this TeitSoo it can never be used as a sub•
etitute for American cotton of the °Winery qualities. It may
do for something better, just as the fine qualities of Queens-
land and Sea Islands are valuable for certain kind, of goods,
but it is alleged that if we had ever such an abundance of
tbee:aineitiee of cotton, they could never be made available
for the bulk of the fabrics manufactured in this dis-
trict, sue as domestics, T cloths, and common shirtinga
Besides this it must be borne in mind that if we had to go
to the nes of a =Merle] like this the whole of our machinery
would have to be altered or re-made, which would involve
the incrifice of a great portion of the vast capital
already sunk in the trade—a sacrifice which mum
feeturers would only be driven to incur under the
certainty that all future hopes of procuring cot
too were at an end. In estimating the unwilling.
nue of practical men to enter heartily into experiment. with
new materiel, ft mast be borne In mind bow many of them
have made sacrifices an former omissions in trying to work
=a substitutes. Some of them sacrificed many
tbs of pounds in adapting machined, in trying to
make M. Clausen'. "cotton fibre" (as it was celled)
answer, and the tailors of such attainps is not, of mune,
lost upon their neighbours. Mr. Harbea's discovery, how-
ever, is in good hands to feet its capabilities, sod we mud
await the result of experiment.. In the meantime if •to
of grass yield only a few pounds of fibre. where are the
hundreds of millions of toss to come from which will be
necessary to set our operatives at work again ?