The Express.
London, England, 1851-01-09 00:00:00

M ARKETS.

COTTON.—LtcrinPoot, JAN. B,—The sales of cotton to.
day are estimated at 35,999 bates, and consist of shout 2,500
American, 159 Pernam. and When at 71d. to 41., 60 Bahia
at 81d., 200 Egyptian at 3d. to 91, 250 Bent at 54. to Gd,
70 Sea Islands, at 1511. to 17d. ; total since Thursday,
29,000. Import sine* Thursday, 25,400. The market closes
heavily, with a downward tending, yet, compared with
Friday's rates, pike, of all kind. are but little changid,
except in new Bowed and Mobile, which is almnst ed. per lb.
down.

IRONHASTERS' QUARTERLY AIELTING.—Wor.-
VIMHAMPTON, JAN. B.—Tbe first of the series of the quar-
terly meetings of the ironnusters of this district for the
current year has been held here to-day; the attendance was
not so large as usual, especially of the dealers. The state of
the trade may be described en • few words: Some of the
ironmasters retort Chet hey are full of orders, sutiicient
for some months to come; whilst other' give • rather
gl some coleuring to attain, end assert there is scarcely
any improvement sine, the last quarter day, and
that iron is being produced at • loss. As usual in such
rases, the truth pr,bebly lies between these two statements;
dupe ate undoubtedly more foreign orders than there were
at the last quarter-day ; all our manufacturers, who are large
mummers of iron tedge.tool makers, for institute), are very
busy. These, and other circumstances of a lee, important
character, will tend to ke, p prices very firm if they do sot
actually advance. It is dby sense parties, with confi-
dence, that large contracts for iron have been given and ac-
cepts d at an advance of 101. per ton, but at present this wants
confirmation, and, under existing circumstance., it appears
scarcely probabb. With reference to the over gloomy pie.
titre of the condition of the trade, which has been drawn by
some parties, a good answer was given by one of the weal.
nisei and shrewdest of the ironmasters • few weeks since ;
he aid, " The iron trade bar been bad according to some folk
ever sitter I can remember but we manage to wriggle on pretty
well after all." Such is the fact, and the depression of the
last twelve months, whilst it has brought • crime, and in some
instances ruin upon rotten concerns, wherein there had been
mash of rub speculation, and exerts of production, will pro-
bably be found to have been useful in bringing about a more
healthy state of things. There are no large stocks of iron,
and the trade of this district is rather improving than other-
wise. The great meeting of the trade takes place at Bir-
mingham to morrow.

HIDE AND LEATHER TRADE—We extract the
following remuks from the annual circular issued on Wed-
nesday evening by Meun. T. J. and T. Powell:—During
the put year there has been an extensive business tranauted
in shoot every branch of the leather trade. The check to
some portions of it, caused by the late distressed position of
Ireland, has been in a great measure remcvad, and the chief
impediment to its present prosperity is the enhanced value of
the raw material, combined with the almost stationary prices
of the manuoactured goods, whilst the former has risen 15 to
ZO, sod in some cases upwards of 50 per cent., leather has
scarcely god an advance of 5 per cent., and the extreme
on any article can scarcely be estimated at 20 per cent. That
the rise in leather does not more immediately follow that on
raw goods may be accounted for by the long process of it
manufacture, and the large stock necessarily on hand; the
quantity of leather made in advance beyond the re-
gular consumption being generally, and is so cer-
tainly in the present instance, sufficient to explain Its
eelirg so tardily the advance of the raw material. As the
stocks of leather are sow materially lowered, its prices begin
to comport in some degree with the increased value of green
hides and there can be no doubt that still higher rates will
be obtained on the more scarce articles. But it would cer-
tainly be a great disadvantage if the value of leather should
become so high as to impede the progress of our foreign
trade, which has been expanded considerably during the
past year; we hope, therefore, that a greater abundance of
hides will soon rotors moderate prices, which are of the
utmost importance further to extend the export of our

COALS -LONDON, JAN. 8.-CLOSB OP TRU MAIXET -
Bud.lle'a West Hartley, 14.. Od.; But Adairs Blahs, 12s. Oil.;
Hasinea Hartley, 145.; North Percy Hartley, 13s. 3d. ;
South Peareth, 125.; West Wylara, 134. ; West Hart-
ley, 145.; Walls End Original Gibson, 13a. 6d.; Walls End
Bawl& and Co., 1b..; Walls End Baxter, lbs. 3d.; Wall.
End Brown, 14s. 3d.; Walls End Hilda, 14e. 92.; Walls
End Heaton, 155.; Walls End Bidden, 164 ; Bate's West
Hartley, 13s. 3d. ; Howard's West Hartley Netherton, 145.;
Walls End Helton, 16s. 9d.; Walls End Haswell, 16e. Id. ;
Walls End Larnbton, 16.. 6.1.; Walla Ead Stewart's, 16*. 9d. •
Walls Bud Hamra Helton, 16.. 6d. ; Walls End North
Helton Lyon, 151. 3d. ; Walls End Kepler Grange, 16e. 9d. ;
Walls End Whitwell, 16a.; Walla End Scarborough, 161.;
Walls End South Hartlepool, 161. 3d. ; Walls End Whit-
worth, 12.. ; Walla End Hartlepool, 16s. 6d.; Walls
End Adelaide Tees, 16s. ; Walls Ead South Durham, 16s. ;
Hartley, 134.62. -Ships at /Market, 240; sold, 61.

COBS—Borrom, Jae. 8 —We hove bad a small show of
Wheat to-day, sail fine dry namplas were In demand, at a 'light ad-
vance ea late nue. Data and Beans taken readily, at former luxes,
but the supply of bath artless Hurled. Wheat, red, 331. to Sm.;
whits, Os. Osta, Ins. to lea. Beans, 250.10 29a. par qr.

CRICIIIITII, Jen. B.—Our market continua is a vary
Weer state, dealers namely supplytng themselves with what
artistes they require for immediate oonsusuption. We have no
quotable difference to make In any kind of grain. Wheat, Us. to 40..
Utley, Ws. to 26e. Oata, Ink to 20a. Beane, 29e. to 34.1. ffem, 211 s.
30a. flour, 19a. to Ws. per sack.

H/AWARD. II /DWI, Jaz. B.—This !wallet to.dy wu
scantily supplied with all aorta of grain, but the demand bdog
busses propesd,slowly, at last week's curtest rates.
Wheat, wbite, old, 10/. to W. ; red, 101. to 101. 10s. ; new,
white, tut, to IW. lie.; red, N. to eh 10s. Barley, 251. to He. 6d.
Otte, 120. to llts.fid. Beaus, 134. to tils. Peas, Us. to 29e.

lisunroan, Jan. B.—The femora continuo to keep up
the spirit of this extra market, end the attendance of Gloaming, sad
neighbouring town buyers mused things to more a little brisker than
it otherwise would ; still the .had. was lower, U anything, that♦
that recorded of Saturday's return.

Nawaax, Jett. B.—The only variation ha the eurresay
of this asp ea Thane is fins Wheat Is. par qr. dean. Fuss ma/Uss
Barley is request, st Is. per qr. ores last west's commay.

N awcneeLn, Jan. 7.—The weather coatinaes exceed-
ingly ebeagmble, sad a good deal of nth has Wee slaw Saturday.
bat night IN lad frost, and to-day we en threatened with snow.
At ear market to-day we had a moderate *bow of Wheat from the
growers, with ealy !Milted arrivals from the emit end abroad ; yet,
emit was the e~e feeling of oar millets, that sake maid rally be
be palmated by remitting to rather easier raw. Holders, brewgever, awe not willies sellers at any abatement, the Westin being
cal; compiled with where meets repaired demise. In roar few
tnoaatlaaeovek end lie rates we e with the greatest diarnity
unstained. Rye fielly the rime. Maids( Herby, inapt of the
choicest quift, la Medea regoK sad rather isle e. ; whereas ki
gralma in waft Molded. Mt ddl, sad
Lowe inding
*r. In Dem It* sahebs, beekt Wm melore was ratherinhale.
more inquiry. Oat• 'Mad* =Wei fink team • steady de-
mand bang at the eme dose amino. be ail