The Express.
London, England, 1864-03-05 00:00:00

MARKET&

SUGAR-111mm,, Mama 4. —The market continues to
improve, sod stiff price* are being paid for both raw sod
mimed descriptions. Rum.—No alteration to notice in the
valas—the &mond is steady but mot active.
TALLOW. —FRIDAY Er1;IIIG. —The market was firm
today. Spot, and fur all March. 411. ; old, 40a. bt=
to June, 41a. 6d. ; June, 425. 3d. to 43a. 6d. ;e
to December. 445. 3d. to 445. 6d. Towo tallow without
change at 40a. 6d. net. At the public sales only 300 each.
were offered, which sold—North Ammicaa, at 39a. 6d. to
405., good to 61211 ; Australian bad, 40a. to 40e. 3d. ;
South American seams at 41e. 6d. to 42a. for Ist rpm
Cooot-nut oil, Cochin, 43.. ; Osykm, 38a. 3d. to 38.. 6d. ;
no Sydney offered. Palm oil firm, at 365. fid. to Mo. floe
i Palm out oil, 33e. good quality. Delivery of tallow
to evening, 120 casks. 'No arrivals.

001TON.—Liviaroo4 Maim 4.—There has been s
fair demand, but holders have cuatiteed to offer their
stock, very freely, and on the whole the tendency of prime
has been downward. In American about 4d. decline has
been accepted, more particularly in the lower
,ruaylities.
Brazil has beet dull at about the same reduction. ' ptian
on the spot has been very irregular, especially is q ilia of
" fair " and below, and a concession of ;d. per pound must
be quoted ; the better kinds, from comparative scarcity,
nearly maintain their value. Surat hat been, as regards
lower descriptions, depressed in tone, and offered plentifully
at a decline of id. to ld. per pound, but from the difficulty
in making mice, quotations must be considered almost
nomisal ; of the better kinds there is great scarcity, and the
quotations are lowered only about Id. per lb. Chita offer
at id. lees than last week's rates. Speculators have takes
3,660 bales, of which 720 are Egyptian, 2,230 Surat, 390
Bengal, and 300 China ; and there are reported for export
7060, bales, of which 480 are American, 330 Peruse.,
250
Monk, 200 Egyptian, 4,000 Surat, 240 Madras, 700 Bengal,
and 30 China. The market opens today with a fair de.
maid ; probable sales 5,000 bales, 1,500 for speculation and
export.

corroN GOODEL—Mniecnianz, Ilium 4. The
market for export yarns is again sistwesseff, with 'MY lithe
business offering for any quarter. (Men at low prioee have
been made, but spinners cannot be brought to make up their
Wads to accept them. This branch of the market claw
may tat, with a tendency to lower prima. In home trade
pares we have also had a very dat market, and prior show
• tendency to • further decline. The immediate male is
mid to be the feeling of meninges arising out of the present
Age of European politics ; but at Meanie time it may he
meationed that a telegram from Bombay to the I.3th ult.
reports that cotton bad uadergoee a considerable decline.
The import whet was dull, bat without any
noticeable change in prices. The fen of implod-
ing difficulties in COODOXiOII with oontiesintal affairs bee
affected the cloth market quite aa unfavourably as the van
market. The cases are few and solitary in which any Offen
to purchase have teen made, and them only under circum-
stances which would neoemitate a csmaiesion in current
rates. The general feeling amaopt Myers, both on home
and foreign account, seems to iaelise them Vat mitering
WOW

value 8,979,1094 sterling ; while in cotton yarns a deficit
has taken place of 8,583,7441 ha weight ; or is declared value
1,817,7144 sterling. Altogether since 1862 an improvement
has taker place, the more so as the goods then exported
could not wow be replaced at the IMO price, even in the
st pewwt depressed state of our market. The countriee
which have chiefly furnished us with cotton axe also those
which have taken moat of oar goods in 1863. The East
Indies sod China have taken about owe-third of the total
quantity (for exportation) of plain goods exported in 1863,
sad of yarns nearly the same proportion. Egypt took in
Wit 56 million yards of goods, and 97 millions in 1863 ; or
nearly double the quantity. To Europe, on the other hand,
a large deficit in yarns has taken place—the quaotity
being 25 nation in 1863, against 47 million
pounds weight in 1862, and 93 millions in 186 L" They go
on to remark—" The greater part of our exports being to
the more distant countries rather than to our neighbouring
market, the returns require more time to arrive, and the
export trade absorbs for the time more capital than would
be required if the transactions to the European mai ken
formed the larger proportion. This may afford soother
explanation why money has become of late oomparatively
more scarce. As the rate of discount is now lowered to
6 per mot. the export trade is somewhat relieved from a
heavy charge, and if it were not for the uncertainty of the
events in the Northern States of America a larger trade
would undoubtedly be done." "As the margin between
the raw mantisl and the manufactured article is less now
than it wee before, our manufacturers cannot do well. if
we consider for s moment that many factories have leen
standing still since the American war began, or are merely
working a few days a week, to prevent the machinery from
rusting, spinners and manufacturers have passed the severe
ordeal which events have imposed upon them in a manner
which soaroely any community in the world could have
equalled. If England's prosperity can do without Lan-
main men, she may oevertheleee be proud of them. for
the solidity and energy they have shown ureter severe trial,
are qualities not often met with elsewhere. And if we are
asked what has contributed most to the solidity of the
branch of trade alluded to, we say the mode of trans-
acting burliness hare, which is in most cases for cash shortly
atter the delivery of goods. Let us by all means adhere to
it for the future." In reference to the prospects of our
future supply of the raw material. the Cotton Supply Ea-
ponw for this month shows that while the supply from the
United State's fell off from 7,316,969 cwt.. in 1861, to
57,090 own. in 1863 (our total supply, from all sources, in
1861, being eleven and a quarter million owls.), the
supply of last year had come up again to nearly six million
cwta., being an excess of the receipts of 1844, 1846, 1847,
and 1850, so "that real progress has been made toward.,
meeting the failure of America cannot be doubted; and
a though much remains to be done before supplies equal to
the consumption of 1861 shall be secured, it is not difficult
to determine the period when, on the present scale of
increase, they will be obtraued."

CORN.--Cam.msroan, ILisce 4.— TM supply at to.
day's market w very moderate of wheat sod much out of
condition, mesh mu; difficult to sell ; bat dry panels fetched
late rates. Beans, dry samples, without chance, soft, Is.
lower. Bstley, best rum, 35e. to 38s. ; grinding, 275. to .01.
• • -

thicoLlt, MAWS 4.—We have bad a good supply of
wheat at market to-day, and a dull trade at last week's
pram No change in the value of War articles. Wheat,
red, 38a. to 40s. ; white, 40a. to 435. ; Barley, 2se. to
355. Oats, 18a. to Ws.
Licznroor„ Mews 4.—We have had only a email
attendance at this morning's market, and the demand
for wheat has been altogether of a retail character, layers
being able to suit themselves out of the react &meals
at bristly 21 per metal under the rates of last Friday.
Flour unsaleable at a reduction of 6d. per barrel and in. per
sack. Johan corn is offered at 3d. per metal less than this
day week without leading to business. Oats and oatmeal
scarcely inquired for. Egyptian beans are is small supply,
and 6d. per quarter dearer. Peas and barley the turn
cheaper. Market clone very dall.
• • " • •

WAIMITILD. MASCH 4.—A slow market for wheat, aed
millers generall succeed in purchasing on rather easier
terms than last Friday. Barley also in limited request ; and
micas in favour of buyers. In other articles no material
change. Averages for the week ending Feb. 29.—Wbeet,
1,582 qrs. at 395. 31d. ; barley, 370 qrs. at 31.5. 6d. ; beans,
46 qrs. at Ue.

COALS.—Lomon, Man 4.-oeaspen Hartley, 14s. 9d. ;
Holywell Wain, 17e. ; leanabert's West Hartley, 14s. 6d. ;
West Hartley, 15e. ; Wylam, 17s. ; Walls Ead Gosfortb,
15s. 6d. ; Wale End Herten, 15s. 6d. ; Walk Ead Riddell,
15e. 6d. ; Walls End Haswal, 18s. 6d. ; Will. End Helton,
lds. 6d. ; Walls End Hartlepool, 18s. 3d. •; Walls End
Haugh HAD, 17s. 6d. ; Walls End Hob" 17s. Gd. ; Walls
End South Hart3epool, 176.3 d. : Walls End Booth Kenos,
17s. 6d. ; Walls End Trimodon Hartlepool, 18s. 3d.--Slaps
at market, 40 ; sold, 25.