The Express.
London, England, 1855-01-10 00:00:00

MARKETS.

TEA.—The annual circular of Mr. I. W. Mitchell ob-
serves :—" The year just concluded has been a very um Aim-
factory one both to importers and wholesale dealers in tea;
the former have had a constsetly drooping market for their
reduce to arrive at, and the high prices obtained towards
the dose of 1863 stimulated ship:seats to a barge Getout, so
that our import during the pest year has beta the largest
ever known. The un meted large quantity of tea
arriviag in bad condition and having to be sold as " all
faults," has also canoed heavy losses to the Importers, the
damage being occasioned by the tea having been improperly
and hastily cured in China, or by having been exposed to
wet and damp whilst being brought from the interior. To
the wholesale trade the constant and gradual tall that
has taken place in the price of nearly all descriptions has
acted vary prejudicially to their interest, causing theirstock
in hand to be *instantly reduced in value: the great diffi-
culty also in meeting with good sound consumable
sorts of congon has muse* them much incoavenience.
We commence the present year with a large stock, con-
siderably more than at the same period of 18M; yet there
is a great scarcity of good and fine qualities. It appears
that it present the principal effect dabs rebellion in China
on the import of tea hes been, not to diminish the quantity
but the quality, fine descriptions never being so scarce as at
present. This hest manifested itself towards the close of
1853; and in my Annual Circular of last year, speaking of
the prospects of 1864, it was stated, "tat although the
quantity may be made up with common congon, yet that
our present stock and quantity coming, of good consumable
descriptions, is small, and we shall be very short towards
the close of the year." This appears almost certain to be
again the case during the present, and that the scarcity
will be much greater than it was even lest, U Out stock of
old barn to work on is lees, and the quantity at present
on its way extremely limited. The import and stock of
green tea is less than is 1853, yet our present prices are
I lower, except for the finest descriptions.

COTTON.—Lminvoox, JAw. 9.—The market closed
with much animation, and prices of American qualities
advanced id. per lb. The sake reached 8,000 bales--500
for export, and 500 on speculation ; comprised 80 Perna=
and Maranhao+, at 6d. to 7d. ; 700 Egyptian, 50. to 9d. ;
1.000 Surat, 30. to 31d.; and 40 Sea Island., 120. to
16d. per lb.

COTTON GOODS.— MAtraturze., Jex. 9. The
prospects of negotiations for peace have bad a beneficial in-
fluent* upon the market this morning, and there has been
a good deal of inquiry both for yarn and cloth. At the
same time sellers have attempted slightly to improve prices,
sad this has somewhat checked sales, which have conse-
quently been to a moderate extent only. In cop yarns
buyers report an advance of nearly jct. per lb. India goods
are rather neglected. but holders are firm. In cloths for
the Mediterranean and the Levant there hes been a rather
better demand at last prices.

WOOLLEN CLOTH.—LEsna, JAN. 9.—There has
been a fair business done in the cloth markets this morning.
A better feeling is manifested, and the expectation that a
considerable portion of the navy contracts that are to be
sent in to-morrow will find their way into this district is
infusing more vigour into this market.

WOOLS.—HODDZILSFIELD, JAN. 9.—There is no ln-
prevenient in the wool trade, transactions being limited to
a few parcels in good colonials and Germans, while other
sorts ars neglected.

MANUFACTURES.—IitIDDIBISPIIILD. J.tx. 9.—The
little improvement minitested in last week's market has
been pretty well sustained to-day, a moderate quantitztif
better-class goods having been sold (or the home trade. The
shippiag houses are still v quiet, which causes the low
goods trade to continue slaeck.ry

CORR.—HoIm, JAL 9.—We had • fair supply of
wheat from our farmers for this day's market, and more
choice of foreign, almost entirely new, the supply of which
from near porta is much favoured by the unseasonably open
weather. The market ruled dull, and we reduce our quo-
rations 4s. per quarter, with the remark that farmers do not
generally accede to such • decline. The report of
&nib far from being generally believed, had the efreecate:4
Bititiag be lases materially. All descriptions of spring
eMa eme egesedlagly fiat, owing very much, we think, to
as wavesally general consumption by farmers, induced by
the slant unprecedented high price of linseed cake. The
linseed market has bees firm, but cakes have been procur-
able during the week on slightly easier terms. Raps cakes
sell as they arrive, chiefly for feeding purposes. Bones in-
quired for, but few offering ; C. F. and I. cargoes could be
easily placed at present. Imports from Jan. Ito Jan. 6:—
Wheat. 6,434 qrs. ; bar'ey, 600; oats, 605; beans, 933 ;
peas, 230; tarn, 76 ; linseed, 2,270; oil cakes, 90 tons.
LIXDB, JA.v. 9.—The long-detained vessels have now
made their passage, and the shoe of samples is large.
There is great apathy in the trade, and millers not at all
depend for business. The few retail sales made in wheat are
at 2s. to 36. per quarter decline from last week. Little pass-
ing is barley or other articles, which all participate in the
present dulness. Arrivals this week:—What, 3,112 qn :;
7? ; Itarloy. 1,611 ; ?loam, 237.
LYNN, Jan. 9.—We have had a pretty good supply of
both wheat and barley to-day—the condition mostly infe-
rior, and prices of each about 2s.:per quarter lower. Wheat,
best, red, 70s. to 741.; white, 80s. Barley, best runs, 31s. to
; extra, Ms. Oats, 11. 4d. per stone.
NAWCWITLI, JAN. 9.—The weather still continues open,
which is acting prejudicially noon the trade. At our mar-
ket this meriting we had • fair supply of wheat from the
growers, and the maia bulk of the anticipated arrivals from
the coast having reached us, this circumstance, combined
with the moderate condition and depressed advice. from
Mark-lane, have occasioaed much heaviness to prevail,
pins being nominally 21. per qr. lower than on Saturday.
Flour is also in excess of the demand, and some portion will
have to be landed ; and the same remarks will apply to
malting barley, for which there is little demand, although
offered at a decline of le. to 21. per qr. In malt and other
articles little stirring.