The Express.
London, England, 1851-01-03 00:00:00

MARKETS.

PRODUCE MARKET.
MINCING-LANS, Jaw. 2.
The following observations are extracted from the cif-
*star punt issued by Messrs. 11. W. Jewesbury and Co.:
"The business transactions in the foreign and colonial
produce markets during the part year have been very
extensive, and the value of several leading articles has
bun considerably enhanced ; the opening of the
markets this year will wear a different aspect from that of
several preceding ones, which at the commencement were
marked by considerable speculative feeling. This was par-
ticularly the cage last veer, when the inclination to 'pecula-
tion which showed itself at the close of the previous year
recommenced with increased vigour upon the opening of the
markets, when lug. transactioas in almost every article
were entered into, end, consequently, prices rose considerably
above previ•iue rates. Thu feeling, however, suddenly
gave way towards the cad of the month. and very shortly
entirely subsided. Things remained dell until about the
middle of May, when an improvement took place, which
lasted until the end of July. In August and September the
markets were again flat, but in the beginning of
October the attention of capitalists was turned to
produce, and extensive purchases were made in indigo,
cochineal, cotton wool, coffee, &c. ; the unsettled state of
Germany interfered with these operations to some extent ;
that retarding cochineal may be said to have entirely failed,
the quantity hare being excessive. This year there is no
such feeling widely prominent, but there is a good prospect
of a large and steady demand, both for export and home
consumption, the stocks in the hands of dealers and con.
sumer', both at hone and on the continent, being unusually
light. The importations of sugar, coffee, and indigo have
been less than for provisos years, but have been larger for
cochineal, lac dye, saM wee, and dye woods. The deliveries
have been upon a satisfactory and increased wale, and prices
ally are higher than at the commencement of last year.
The alteration made by the Bank la the rate of discount
from 2i to 3 per cent. will lead to mews a healthy tone in
the markets generally. The late aosounte from India and
Chine continue favourable, both as regards imp rts and
exports; this, together with a good demand for home con-
sumption, has caused prices to advance for cotton goods ; In
the woollen districts a full average amount of business has
been done for this sows of the year, and toe stocks continue
light." With reference to the important article of indigo,
the earns authority obeerves:—" During the past month the
demand has been confined to small order' for consumption,

the speculative demand having almost ceased, and pnces are
rather easier; the deliveries show a considerable decrease
for the last two month', chiefly in the amount exported,
which may he attributed to the unsettled state of Germany,
sad the fact that about 2,000 chests have been expand by
France to the continent of &trope, We have to moths, the
arrivals of this article from inclinet ports, each as Barre,
Cadiz, New York, &c., which, redwing their stocks, will, in
all probability, have to be replaced frees this market et higher
rata. It is not anticipated that price, will farther dacha*,
bat. on the country, with every prospnt of an improved
demand, they will, most likely, be bison. The late advices
from Java are very unfavourable regarding the new crap of
indigo; should this he confirmed it will further tend to
icemen firmness in this market. By advice, from Cal.
cretin, the total oubtunt of the new crop is estimated at
116,000 malteds, which will be equal to about 30,000 chests,
el which about 20,000 will be the quantity destined for