The Express.
London, England, 1851-01-02 00:00:00

MARKETS.

COTTON.-I.lValtrOOL, JAN. I.—To-dsy was observed
as a close holiday en the Liverpool share and cotton markets.
The d tables afford a lull detail of the imports, con-
surepti o, and exports of cotton during the past year.
Inrours.—The course of events has made this trade, for
many years put, mainly dependent upon the United States
for its supply ; and any circumstance, either of season or
other casualty, which shall tend to limit that supply, or to
direct it into other channels, must act injuriously. With
the single exception of 1847, the growth of the last season
was less than that of any preceding year since 1814: and
high as prices have consequently ruled during all the past
year, and greatly as the consumption, as well in Europe as in
the United States, has been diminished, the consequences
must have been much more prejudicial, had not the growth
of the preceding year been so excessive, es partially to supply
the deficiency. The crop of 1850 was only 2,096,706 bales,
against 2,728,596, the crop of the preceding year, and against
2,269,984 the average growth of five preceding years. From
Ind a the import has exceeded that of 1849 by 126,717 bales,
and it has exceeded the import of the nee preceding years by
132,038 bales. From other places of growth the import lu
not materially varied from that of preceding years; and has
certainly been in no such excess as to meet the large defici-
ency from the United S•ates.
CoNsumrrion.—Tbat there should have been some de
. .

cress. in the home consumption during the put year, is
solely attributable to the increase of prices, amounting on
the ge of the whole year to 35 per cent. se competed
with the cost of cotton in 1849. This diminution hes arisen '
lies from the quantity of yarn produced, and consequently
of labour employed, than from the quality of the menufec
tures, which have been found prcfitable in their production ;
for whilst the coiner fabrics, from their relative cost, have
been in only limited request, the finer goods, produced in
increased quantities proportioned to the diminished manu-
facture of heavier fabrics, have been alwass saleable, and on
almost uniformly remunerating terms to their inanufacturen.
Bales.
The total stork remaining in the ports at the
close of 1849 was
The to•el import of 1850 has been 1,748,140
The &crease of stocks now held by the trade, as
compared with those held by them at the does
of 1849..

50,000

Deduct the stock remaiaiog at the close
of 1850 521,120
Deduct quantity exported
793,520

Total quantity taken for bome consuls:lrian in
1650 1,563,010

REVIEW or THE RititEßT.—The experience of the past
year has shown the extending trade of this country, and has
also proved that although her exports have been more ex.
teninve and varied than in any previous year, yet that the
consuming power of foreign countries has been equal to the
large supplies she has afforded them, the @tech, in nearly
every foreign market being such, that shipments are now
invited, under circumstances promising a favourable result.
That this extensive trade should bare prevailed, in the pre-
' sence of a rapid and progressive increase in the met of goods
so exported, amounting in many instances to 30 per cent., is
an evidence of the elasticity of the foreign trade, and of the
great competing powers of the manufacturers of this
country. During the whole of 1850 the home trade has been
goof, the home consumption of manufactures, influenced by
abw,dant labour and chap food, having been large beyond
all precedent The uniform abundance and low value of
money have facilitated commercial enterprise ; and there
has been a total absence of all interruolion to the home c.a.
sumpticn of coVon, from nisputes between the spinners and
their hands. Wilk trifling and short interrupti•ms the
prices of cotton have steadily advanced during all the year,
under the influence of advises successively received of the
deficiency of sapply to he ex _acted from the United States ;
and the quotations of American generally are Lew about
lid. ; of Brasil, lid. ; of Egyptian. lid ; and Buretsgroat
. .

iterlb. re...WeeOf 18i9.
SuPPLY.—Although the stocks of cotton now remaining
in the ports of this country exceed the estimates previously
formed of them by 66,000 bales, the excess b4ing exclusivity
here, yet the total amount is only 521,119 bilis, and is less
by 101,437 bales than the average of stocks so held at the
close of five preceding sears, whilst the estimated decrease
of stocks is the hands of cousurners is 50,000 bales, the supply
remaining in the continental ports having experienced a still
greater relative diminution; and this deficiency derives an
anxious importance from the unfavourable promise of the
present crop of the United States, of which the general esti-
mates now formed do not exceed 2,1!.0,000 bales. Whatever
productive power our own Indian poeeeaaions may hereafter
develop, as present they do not afford any supply commen-
surate with such a deficiency as; may occur; and this subject
will command the anxious consideration of ell who are in•
termed in the trade, or in the welfare of thou (or whom it
provides useful and valuable employment.
Tao export has been larger than in any previous year ;
it has amounted to 272,400 halm against 256,300 in 1819;
and 189,500 in 1843 ; of these 199,650 bales have been ex-
ported from Liverpool, 69,2.50 bales from London, and
3,50) bales from other ;torte, of the following descripions—
American 150,910, Brazil 24,200, Bwt India 96,290,
iLyprien 900, and West India 100 bales. The political dis-
turbances which have so long limited or interrupted com-
mercial intercourse with the European continent are happily
at an end, and the present year opens u,.der circumstances
of great encouregement. Money is abundant, and food of
every kind is cheap; general trade is active and remunera-
tive, finding ample employment for the industry of the
country; and the commercial position of Great Britain has
never en more eminent than now.

LlNEN.—Banietza, Jan. I.—The linen trade of this
town is at liwt reported.

COALS.—LONDON, JAN. I.—CLOSE OP VII MARILET.—
Taolitld Moor Butes, 13,. 3d.; Tanlield Moor, 13.. 6d.;
Can's Hartley, 145.; Dsvison's West Hartley,l4l. ; North
Perey Hartley, lts ; Holrwell,lss. 64,; West Hartley, 141, ;
Wslarn, 14i. 6d.; West W061303..64. ; Walls End Acorn
Clow., Hs. 9d. ; Walls End Hettah Hall, 15.. 94. ;
Walls Hod Braddyll, 16s. 64.; Walls End Haswell, 175.;
Walls End Bochrounil,l6;. ; Walls End Swwart's, 17s. Gd. ;
Walls End Whitworth,l3.. Gd. ; Walls End Helloe, 165.64. ;
Will, End Adelaide Tees, ; Cowpen Hartley, 14s. 01.;
Derwentwater Hartley, 14s. Od ; Hartley, IN.—Ships at
market, 327; sold, 30.

HIDE MARRET.—Ltynkeinot, Jam I.—Mann. James
Gordon and Co., is their circular, offer Ike following general
remarks upon the market : " From the tables of imports it
appens that the import of Rivet Plate and Rio Grande
salted bides is below the average of the last seven years, and
if compared with last year only, shows a falling off of 30
per cent. The stocks also are v.ry far below the ge•
Prices have advanced considerably, and are now higher than
at any time since the beginning of 1847, as stated above.
They are, however, Id. to lower than in the greater part
of 1846. Notwithstanding the very considerable advance
which has taken plate in hides, it does not appear that
leather has by any means improved in a c. rrespondirg de-
gree. The light kinds and interior descriptions have risen
considerably, but the better kinds and heavy are not much
higher. There is, however, every 'emu for expecting an ad-
vance in these before long, for, besides the above, mentioned
decrease in the import of salted hid.' an unusually
large quantity has been exported, soy 100,000 British and
50,000 foreign, from this port alone. The tanners, conse-
quently, must have a smaller quantity of in course of
preparation than usual. The consumption of kather, con-
sequent on a prosperous state of the manufacturing districts,
must be very large. The stocks in the factors' hands are
unusually small. The stock of hides in importers hands is
a mere trill-, and the drought at Buenos Ayres will have the
effect of postponing the season for slaughter two months, all
of which circumstances have a tendency to raise prices, both
of the raw and manufactured article. If it is also borne in
mind that a war betwixt Buenos Ayres and Brazil now ap-
pears imminent, and which, if declared, will have the effect
of curtailing supplies, both from the Plats and Rio Grande,
to a very great extent, it is by no means impossible that
prices may take a range, in the course of next year, such as
has not been known for a very long period. The entire stock
of River Pie* and Rio Grande salted hides in importers'
hands, in the kingdom, is not at this time more than three
weeks' consumption."

HOPS.—Woacutut, Dee. 31.—Our market remains
the same u reported last week. We h►ve had 17,265
pockets of the new crop at market up to the 25th instant,
which, addict to those suppreed to hive gone from other
markets and private sources, will leave about 2,000 or 3,000
pockets in the bands of the growers, to make up the total
amount of duty paid this season.

Sr. PETERSBI7IIO, Dec. 21.—Corn : The duly transactions
are a few purchases of good Russian wheat by millers at
25 ro. The stock of wheat to 60000 chits , of which about
halt Cubeaks. Of rye, about 80.000 ckets. on the spot ;;of
rye S 300,000 Days.—Flax : 100 ro cash, for 9-head, has
been offered Ardamatsky and Koroleff, and refused; indeed,
they will not name a price. Some of the dealers have re-
tumid from the country, and confirm the account of a short
supply, which they state will be under 500,000 ponds; the
quality much as last year's —Hemp remains firm, without
much pacing.—Linseed : 2,000 chats. Samara, en the spot,
taken at 31 ro., and 1,000 elate Rjef, on contract, at 24 ro.,
14 ro. down, at which price it may I. had.—Tallow Some
sales made by Russia, a at 1061 to 107 cash; and purchases
at 1141 to 115, with 10 ro. advance for August delivery, and
it closes firmer at the higher quoteti .as. —Exchanges, Dee. 8,
1850, o. a.: London, months, 37 15 16 to 33 per a. ro. ;
Amsterdam, 3 months, 1651 ; Hamburg, 3 months, 381 to 1;
Paris, 3 months, 391 :o 3951.

WOBVBX {BIDS) CATTLE FAIR, JUL I.—The attendance
of buyers was aucaetous throughout the fait Priers at the
commencement were fully equal to the higleet obtained at
I may of the lase autumn Ms tor Mon Beam of good quality

Herefords and Devons, from two to four years old, were sold
readily, at from 71. 10e. to 91. ouch.llTwo-sears old steers,
an 1 heifers were is good demand. steers making fries 51. to
61. 1)s. each; heifers, from 41 to 51. Bouts cows, if a
little meaty, were bought freely by graziers for stall,
at about 2.. 6d. per stone. To. yearling stn. k was in low
coaditi.m. and sold bully. Prime milking cows mode high
prices. The horse fair was well supplitd, but trade 11:11 slack
' for all kind., except some of the cart colts, which made from
20 to 30 guineas each.

CATTLE, &c.—Cutenzersa, Jae. I.—A fair aupp'y of
fat deck this day; priors rather lower than lot week, with dull mit.
Beef, tat and best quality, 30. Bd. to ils.; Southduwa, prime mutton,
So. 2d. to 30. ad.: Veal. 3e. to 30. Id.; Pork, 3e. 4d. to ie.; tat rift
3a. to 3s. Yd. per mom: of 81ba„Store Pigs plentiful, 12s. to 18a. each.

• _ _
Romvoso, Jan. I.—We had a fair qamnflty of st•ek
at tesday's market, which met a heavy sale, at about the name prices.
Hee!, M. Ltd. to As. Mutton, 3e. 2d. to In. Veal, 3t. to 3x.8:1.

•
Cork,re. to 3e.
SOCTNALL, Jan. I —Oat trade was is e to-day, but some
of the best qualities realised a trifle sore moms. Beef made from
Is. ad. to 3s.ed. Mutton, 2s. 4d. to Is 4d. tlal, 3s. to Is. Pork,
2s. 4d. to Ss. 6d. per stone of albs, sinking the octal.

CORN.—E•RNIILET„ Jan. I.—We bare no alWratisn to
report in the proceedings et this day's market.
BMVION. Jen. I.—There has been a fair show of Wheat
ta-day, which met with • free demand, at about late rates. A limited
supply of Oats and Beans, sod no change in the value of either ar-
ticle. Wheat, re I, 335. to 395.; white, 434. pats, 13s. to lie. Beans,
241. to 30a. per qr.

CHICRZSTER, Jas. I.—We bad a very !ergo supply' of
Wheat it market today, the greeter portion of which was much out
of condition. The dryest samples fetched nearly last week's prices,
bat the Inferior samples were difficult to quit, at a reduction of Is. to
2s. per qr., indeed, a couriderable quantity remained unsold at the
close of the market. The supply of Barley was also liberal, salmi of
which were made in favour of the buyers. Oats, Beans, and Feu
dull sale, without alteration in priers. Wheat, 340. to 40-s. Barter.
Ns. to 28s. Oats, les. to 29e. Beans, 28s. to 30a. Peas, 28s. le 3es.
Flour, 295. to 30e. per sack.
- - —•- • • e •

HAYWARD'S HEATH. lan. I.—The trade was steady at
the market ta.day far all descriptions of grain. at about the current
rates of this day senslght. Wheat. white, old, lot, lac. to W. as ;
red, 101. to 101. 10s. ; new, while, 101. to I I/.• red, W. to
91. 108. Barley, 21s. to 9s. ats, 13s. to licane, 265. to
29a. Peas, 27e. to 295. . . . . •

REILIPORD, Jan. I.—This was the first day's experiment
of the farmers to change the day of the corn market from the Satur-
day, and the attendance of sellers was moderately large. The millers,
f.ctora, and rothaters refrained from being upon the spot, 1111li, con-
sequently, the quantity of grain sold was of very small extent. No
buyers attended excepting a few new turn from a dixtance, and the
quotation. of lest Saturday's return were languidly maintained.
NEWARX, Jan. I.—On 'Chime to-day the supply of
Wheat and Barley was limited as regards fine qualities in condition ;
the greater proportion was out of order, and for such qualities the
trade ruled dull. Fun Wheats were bought freely, at a shade above
last week's currency. Select samples of malting Barley commanded
is. per qr. advance. All other grain firm. Wheat, old, white, 47.. to
4:15.; red, 43e. to 415.; new, white, 440. to ids.; red, San. to its.
Itartey, =luny, 21s. to 25:.;
0s
extra, 2fis. ; grinding, 20a. to 22e.
Oats, of I, *amine; new, Its. to 2. Beans, new, Ms. to 3,75.

• • • •
NEWCASTLI. Dec. 31.—The weather Mill continues ex-
ceedingly mild, and m a natural consequence the condi:bin of ell
grain is affceted. At our market this morning we had a moderate
show of Wheat from the growers, and, although the arrivals cont.
wise, as well as from abroad, are trilling, the dulness in klark.lane
had a depressing influence upon the trade, and the business done was
limited, at rather under Saturday's rates. Flour found a dragging
mle, but we cm scarcely write prices lower, the transactions bring
too circumscribed to justify any change being quoted. Rye nominally
the same. Malting no well as grinding Barley in moderate request,
and the turn lower. Malt unaltered. In other articles no change.
ROMPORD. Jan. I.—Oar market to-day was well sup-
plied with Wheat. Owing to the dampness of the weather making
most samples very much out of condition, we had a very heavy sale.
All other hinds of grain as last week. Wheat, 32a. to 465. Barley,
25, to Rh.; minding, 21, to 24n. Oat, lea. to 22, Deana, :U.
to Ric Peas, 265. to 30s. Rm., 2:s. to 22a.

SPALDING, Dee. 30.—This, oar last Market in the year,
has not been heavily supplied with Wheat. We cannot quote prices
higher even for the best sampler, although rather rather more in-
quiry for the article. Good rims fetched the extreme prices el last
week.

YARMOUTH, Jan. I.—The same dulness characterises car
market to-day, though in Wheat and Barley no lower micee are
submittal to. Oats are in eery bountiful supply, bob foreign and
English, and must be quoted la. per gr. cheaper. beam and l'etts are
also ed. to Is. lower. Flour, Loaf., 2, a. 6d.
Dentus, Dee. 31.—Oar oorn market to-day was am-
trenwly dull for all denominations or ecru. Wheat barely supported
the currency of Friday, and Barley and Oats wore cold at a reduction
of 3d. to 6d. per bat Indian corn partakes of the general dulness with.
out change In price. Wheat, white, 21.. to 255.; red, 15e. to 23a. Bar-
ley, 12s. to its. Oats, g.. fid. to 10a. 3d. per barrel. Rapeseed,
ink to 20s. Oatmeal, 10s. Oi. to 1 ls. GL Baker's Flour, 13s. to
16s. per cwt. Indian Coon, 211 a. to Si.. per 4sOlbs.