The Express.
London, England, 1853-05-24 00:00:00

MARKETS.

THE TEA TRADE.—Messra. Franks and Sons' eject-
lee, dated Landon, May 23, says : During the earli-r pact
of the month the tea market was firm, but without much
activity, the trade waiting the settlement of the duty qurs
tioa ; but on the arrival of the last advic.s per overland
mail, showing the alarming progress of the rebellion in
China, considerable excitement prevai.ed. Merchants
withdrew their teas in anticipation of a further advance on
the arrival of next 'claim. Transactions have, however,

been very large, both on speculation and trade account, in
second-hand parcels, and iarge profits have been paid on
recent purchases. The unsettled state of the duty ques-
tion has caused much inconvenience. Had the new duty
been received before the making up of the month's stock,
a very large d. ficiency would have been shown as com-
pared with the previous year. Black tea : Common Con-
gou was largely operated in on the arrival of the mail, and
rose rapidly from 109 d. to Hid. A few parcels above aver-
age quality sold at Is. Purchases can now be made at
Ilid. In the medium qualities there has been a very large
business. The scarcity of first-hand parcels has
increased the anxiety to purchase, and very
large contracts have been made in seconi-hand
parcels at from is. Id. to is. 6d., showing an advance
of fully Id. to 2d. per lb. on our last quotations. Daily
transactions give additional firmness to the market, and
every indication is shown of still further improvement:
fine parcels have been much inquired for, and have partici-
pated in the advance. Oolong and Souchong have sold
well at higher rates. Flowery Pekoe remains without alte-
ration. Green Tea: In this market a good business has
been done, generally at advanced rates; the supply of good
and fins descriptions has been ample front recent arrivals,
which have sold readily at full prices ; medium qualities,
especially young hyson, continue scarce, and realise im-
proved rates. Hyson has been much inquired for from
Is. 6d. to 25., and shows an upward tendency. Canton de-
scriptions have been more in request, and from their present
low prices may be expected to participate in the general im-
provement. Scented Tea: A good inquiry exists both fur
scented orange Pekoe and scented caper, chiefly the better
descriptions; holders are asking advanced rates, and a fair
business has been done at id. to Id. per lb. on previous
quotations.

COTTON.—lacErtrooL, MAY 23.—The market closed
with less buoyancy than last week, but prices were firm at
the full prices of Friday. The Canada advice' 'Cate the
total receipts to be 3.017,000 bales, and the excess over last
year 275,000. Middling at New Orleans was quoted 10c.
The sales to-day amount to 7,000 bales, and comprise 5,000
Americans (500 on speculation and 00 for export), 200
Permian and Maranhams, 61d. to 70.; 200 Bahia, God. to
61d.; 700 Laguna 51d.; 400 Egyptian, 6ld. to 11d. ; 500
Bursts, 3ld. to 411.; 30 Sea Islands, 2s. to 31. 4d.

New YON!, MAT 10.
There was not a very large amount of business done at
the Stock Board to•day, but generally prices were well sus-
tained. At the second board the market was firm and in
some eases buoyant. In Government and State Stocks and
Railroad Bonds there is but a moderate business and prices
are unchanged.
The market has been moderately active for Exchange for
the Boston steamer and banker's sterling closed firm at 9/
with a free supply. Other good bills were 9to 9/ per cent.
Francs are 6.15 to 6.131.
In Freights there is rather more doing without
important change in prices. Cotton is offering
freely. To Liverpool. 35,000 erg 40,000 bushels.
Grains 6d. ; Flour, 1 ; Resin, ; 500 to 1,000
bales Cotton 9.32 d to b•leid. ; 250 chests tea 17s. 6d.
100 bhde. tallow, 225. The steamer of Saturday had 126
us. beef at 331. To London, 30 hhds. tobacco, 30s. To
Havre 200 or 300 bales cotton, le., and 10,000 lbs. bone,
le. Havre,
8 dols. to 10 dole. A vessel of 300 tons was
chartered to load at the East for Sierra Leone, thence to
Marseilles, and thence home, for 6,000 dollars and port
charges. A timber freight was made from Quebec to Li-
verpool at 425. A deal from Miramichi to Bristol at 100 a.,
and two or three other deal freights at previous quotations.
To California there is a fair amount of transactions at
40 dol. 66e. ; 600 bble. flour were taken at 3 dole.
The supply of money en call to day is quite large at 6to
7 per cent. The demand is active, but freely met. Paper
is 7 to 8 par cent.
Co7rote.—The operations in cotton since the 3rd inst.
have been only to a moderate extent, and without spirit or
animation. The market generally is not pressed, and the
principal holders only sell when tull rates can be obtained ;
occasional sales, however, are made under the quotations
annexed for immediate delivery and payment. The sales
have amounted to 10,000 bales, and have been for ship-
ment, chiefly to Liverpool. Included in the sal, s are some
parcels in transit from southern ports to Great Britain. The
export since the 3rd inst. have been—To Liverpool, 3,179
bale* Glasgow, 653 ; Havre, 1,797 ; Hamburg, 726 ; Rot-
terdam, 127; Bremen, 392; St. Petersburg, 820. Total,
7,693 bales. The excess in receipts at the ports is reduced
to 275,000 bales as compared with the corresponding dates
last year. For next week's table the receipts will not vary
much from the corresponding dates last season. The excess
in exports to Great Britain is again reduced, and now
stands at 81,000 bales. To France it is only 4,000 bales less
than at same dates last year.
FLotta AND MEAL.—With increased arrivals of Western
State flour the market is easier and dull for low grades, but
firm for the better brands, and quite active. The demand
is mainly for the home trade. Shippers are not in market
at present prices, and the low grades close heavy. Canadian
is more plenty, and is easier ; the demand is not very
active ; sales 0f1,300 barrels, at 4 dole. 681 e. to 4 dols. 75c.
The sales of Western Canal are 8,600 barrels, at 4 dole. 56c.
to 4 dole. 621 c. fur common to Straight State ; 4 dole. 621 c.
to 4 dole. 87;c. for mixed to fancy Michigan and Indiana;
4 dole. Me. to 4 doll. 871 e. for common to good Ohio.
Southern flour is steady: the arrivals are not very large,
and the demand moderate; sales of 900 barrels, at 5 dols.
121 e. to 6 doU. 25e. for common to Straight brands; and
5 dots. 621 e. to 6 dole. 75c. for fancy brands. Rye flour is
easier; sales of 200 barrels, prime at 3 dole. 75e. Corn
meal opened hea, but, with a better demand and limited
arrivals, ;improve; sales of 800 barrels Jersey, at 2 dole.
94e. to 3 dole. 06e.

Gamx.—Our market is better supplied with wheat, and
prices are easier, and closed in favour of the buyer ; sales
of 6,000 bushel good white Ohio and Michigan at
1 dol. 200. ; 5,500 bushel Red Ohio (Mansfield) at Idol. 10c.,
and 1,200 bushel inferior Genesee at 1 dol. 20c. Rye is
more plenty, and is in fair; demand at easier prices. Saks
of 1,700 bushel at 87c. for Jersey, and 871 c. to 88c. for
River. Barley is very dull and nominal at f.64c. to 70c.
Oats are better ; the supply of prime is light, and demand
good ; sales of Jersey at 42c. to 44c. and State 44c. to 46}c.
Corn is in good demand, and Jersey is better and wanted
for export ; sales of 50,000 bushel at 60c. to 61c. damaged
and New Orleans ; 63c. to 641 e. for Southern mixed ; 64c.
to 65c. for southern white ; 671 c. to 68c. for Jersey yellow;
and 68c. for southern yellow, the latter scarce and wanted.

_
New ORLEANS, MAY 10.
Cotton heavy, sales barely 800 bales, operators auttioolly
awaiting English steamer. Stock, 190,000 bales ; freights
to Liverpool dull; cotton, id. Coffee—Rio firm; sales,
1,000 bags, 9c.

SNIPPING INTELLIGBNC.B.
SEABORNE MAILS.
[24' Opines that the nulls are sent from tits Gnarl Poet-caw
by the night—and M by the Dwain despateh.l

- -
Day when mane up Fran what When
COUNTRIES. In Genera Post- Poet due in
Ofiloe.landon.• despatched. England.
ArnerioapilaiLyaskat N Every Friday „.... Liverpool Each Km
Americo United Starr
pekoe .. N May 31 Liverpool May 24
JtheartoighyU ."..Staisepli. lia May ES ..... ..... Southampton June 1
Australlatvia Sentlamp-
ton) ll July 4 . Southampton. June 4
DiNotyla Mareellim) 11 July 6 ...... Dover
Ditto (via Caps et Good
Hope) ..... N lime 4 Werth 30
A•rtca ( Wet Goad) ..J Sled at the math Flyotenth ... June IS
• mandril. ...............11 11.9,24,& Wolin°. Dover
Alexandria .ll etaloth et mon. Southampton. Jane 4
Bakens. N Ind et the month Southampton. June 1
, &dem .................11 Diky Dover . Dolly
1 Brazil ....................N 116 et th• month Southampton. June 16
1 Samoa Ayres .11 Ott et the month Southampton. June 16
I C•Ply &Good NW N 14th of the month Plymouth ... April 26
Cape et Deed Hops
Cape de Verde ....N 14th of the month Plymouth ... April IS
aylon tam India)
Caplan —. ... .. —..N 14th of the month Plymouth ... April 21
..hone! .... ............N Ilam.,Wed.,lMPrld Southampton. UMW
081 ......M Isolll7thet month Southampton. Jane 1
ads. Mee WM)
0114464N511N• ......N 7,11,17,24,1127 am Dover
Omillndaspla N 411&241th of mouth Southampton. June 4
Cow et ler opt N & N Twice dolly Dover Voiced..
Egypt (see India)
Vremee .M 1171 Twloe dolly Dover . ..... ... Twice do,
011oaltar N 4,7, 17,20,27 ohm Southampton. May 24
• MOO (reo India)
Orsytown M 2nikllthotmanth Southampton. June I
Hmatranr.—........
, Savannah II 2nd of IMmtma Southampton. June 1
' alland M Webs.. Is Istas. London
Honduran N 17th of the month Southampton. June 16
ladia(vlattiatlmm ) N 4thiatlici math Southampton. June 4
India (via 1 N ethatithot Ninth trove. ........ 31ay 31
lonian Wes (me India)
trehat.......—..11 St le ?Moe data, Rah bead Twice da.
Lisbon N 7, P, 17, 31270tra. Southampton. May 24
Madeira N %bathe mouth.,. Southampton. June 16
Madeira I. 23rd of the month Plymouth. ... June 23
Malta (see India)
Malta N 7,17,19,17300 am Dover .. ..... May 29
Shined= (see India)
Mauritivie N 14th of the month Plymouth . . April 23
Mule. N Ind of the month Southampton. June 1
Espies N Sthilslb23thot me. Dever . June 3
New Granada N lndlkl7thof lomat Southampton. June 4
New Zealand By ?drat. chip .. Various ports Ilncertan
Papal rtetra N Stli athletkotince Dover June 2
Peninsula IV lthl7th27the ram Southampton. May 24
Peru M Ind & 17th of mo. Southampton. June C
Putt Natal
Sicily N tiltleth26thetnpa Dover
rummy N SthlSthiStiotmor Dover ... _ June 2
Venezuela IN tadallihetnicu../. Southampton. Jute I
Van Dienacn's Land tea*
Autt-alia)
Wed Indica ll 2adkl7thof month Southampton. June 1

• When any of there c
apatched on the followie
houthareptoni, and the
day preceding.

tee fall ea a 13
day, with the
Alta, both el i

,y the mails will he de-
ption of the India (via
will be despatched the