The Express.
London, England, 1851-01-31 00:00:00

MARKETS.

COTTON.—Lrvirtroox, Jaw. 30.—The sales of cotton
to-day are estimated at 2,500 bales, and cossiet of about
100 Bahia at W. to Sld. ; 160 Surat at bd. to Std. ; total
sines Thursday, 26,000 bales; import Uses Thursday, 15,000
bates. The market closes very heavily indeed, compared
with Friday's ntes, Price. of all kinds stenos Id. down, and
very freely is cotton offend at this decline—the buying is
in small quantities.
bl•recalanta, JAN. 30.—The yarn and cloth market has
boss quiet, and the amount of business much curtailed by
the absence 01 confidence a. to the maintenance of cotton at
present prices. No doubt the political aspect of the Conti-
nent continues to affect operations for that quarter to a coosi
derable extent, but that does sot wholly amount for the
depression which overhangs the market. As regards the
export trade, in fact, it is understood that many bosses hold
considerable orders in suspense, till they ass prices assume a
more settled aspect. Prices of yarn hays 'till a drooping
tendency, sad cloths con be bought to greater advantage
than on Tuesday, though scarcely quotable lower.

HOSIERY AND LACE TRADES.—Norritiolum,
Jan. 30.—The wrought cotton hem branch, the principal
manntaetnse of the district for twenty miles round, is upon
the whole in a very prosperous cnidition. The cut-up how
branches are also in a fair condition. The plain silk branch
is still in difilcultim; the strike wmtinues against one house,
and its heads are taking steps to remove their frames to
Mansfield. The Irbbie net trade is in ad. pressed state, and
several of the factory owners have partly stopped their ma-
chinery; but this panic bee not been of long continuance,
as they have intimated to the workmen that they shall re-
quire their services spin es usual in a few drys. The black
silk lam trade has felt the depression, and one of the machine-
owners at Carrington has required his lace to be made ten
motions to the hole instead of eidht. The warp lam trade,
though rather dull has not felt the depression to the extent
of the bobbin net branches. The warp woollen cloth trade
is in feet extending both in Nottingham and Norwich.—
Netts Review.

WOOL—BRADFORD, Jan. 30.—The disposition to buy
Wool is not increased eines loot week. as .be prime quoted
for Yuma deter spinier. from buying except on the very
■ arroweet male. The dispositit a to :sell a more manifest,
but the prime aottubt in the country operate sa a barrier to
giving way in prices here, as stocks can not be replaced te
realise a profit.

MANUFACTURES.—BRADFORD, Jan. 30. Yarns :
There is a steady unprofitable humans doing, and the
spinners are now, for the sake of keeping their hands toge-
ther during winter, preferring this course to allowing the
machinery to be idle. The latter course would inflict tem-
porary suffering on the operative, brat it is the only way to
iing about a healthy trade, for during the shame of the
buyers for export, yarns have sunk to a price far below what
they can be made for. Pieces: The mailufacturen complain
that their department ►as not been worse for many years,
and that both cotton, worsted, and labour are decidedly
dearer than when they could realise the same price for their
goods. The advance on the staple and labour has lever
been realised on goods, and the late reduction hu been
" mu of the quick."

THE CORN TRADE.—Butiarsommic, JAN. 30. —ln
taking • brief review of the corn trade during the past year,
it wi.l be seen that the highest general average prise of
what per quarter for the United Kingdom was 4.M. Id. for
the week ending Aug. 12; end the lowest 36e. lid. for that
ending May 6; being a difference of 7.. 2d. per quarter ;
whilst the highest average for Birmingham was 455. 2d., end
the lowest 375. 10d. Teen fluctuations are small compared
with many former years, under a system of monopoly. Not.
withstauding the deficiency of the crop in some parts of the
kingdom, especially in the eastern esunti•s, it will be seen
that the segregate average price of wheat for England and
Wales, in 1850, was a 2:1. per quarter lower than in 1149,
the former being 40s. 4d. and the latter 445. 64.; and this
depression existed concurrently with a high relative pries, of
meat and potatoes, and the stimulus given to con-
sumption by the generally
"vaporetti condition of
the working claim's. The circumstances which have
mainly contributed to produce this result are, we
believe, a better yield of wheat than was anticipated in
the midland and southern districts of this kingdom: a heavy
crop in France, which enabled exporters from thence to
supply us largel with both wheat and flour, the latter being
of superior quality; and a greater import from the other
corn growing districts of Europe and America than was
expected. The g I impression immediately after har•
vest that our wheat crop was below an average led to some
heavy shipments from the Baltic, the United Stater, the
Mediterranean, and the Black Sea, which have occasioned
salmis losses to the parties interested. These supplies
' would probably have produced a still greater depression,
had not a constant, large, and increasing demand for Ire-
' land absorbed so considerable a portion of the imports. In
addition to the direct arrivals in the Irish ports, it is esti-
mated that eat of about 650,000 quarters of Sleek Sea
whist, width wee addressed to Quseastown end Falmouth
for orders dariag the last six months of 1850, nearly 400,000
quarters were taken on Irish account ; and although
Wale quantity, particularly of the inferior qualities,
is still in sunbeam there, yet by far the greater proportion
has gene into sonmunption. Out tmports, however, of foreign
wheat, flour, and meal,ia 1850, were only 12,227 quarters
greater than in 1849 ; yet the stock in warehouses at the
end of last year is estimated at about one-third more than at
the same period in 1849. Even with the theressed facilities
of oommicacation, and Ike wide Male from which applies
ars drawn under a system of free trade, we certainly did
net anticipate at the commencement of last year that our
prises would rule quite so low as they have dons • and we
Auld later from this experience, that whoa England is the
only smutty requiring a large import of wheat, our fusers
mania safely adulate upon obalanzich beyond 40s.
per quarter for wheat. This state of mast, howover,
he maidered the exception, not the rale ; rases especially,
has on an average of seams bees an importing instead of
an exporting aunty of wheat; and with aa increasing
population, whose 'beading snide of food is bread,
we may. reasuably Weslaco upon her mating to herfor-
mer position. It is probable the crop of wheat in Frain will
in future have snore effect upon our prices than that of any
other country. We have no data upon which to form an
opinion with any degree of confidence as to the rugs of
prima between the premed time and harvest; we do not
under any circumstances expect mush farther reduction ;
and we are not sanguine of a considerable advance upon our
present quotations, if the appearance of the growing crop
continue favourable, and there should be no revival of the
spirit of speculation in grain ; and although generally there
must continua to be a loss on imports, without a material
reduction in prime abroad, or en advance here, this will not,
we believe, prevent a considerable quantity of foreign wheat
dada, its way to Great Britain daring the spring and
summer, which will be sold at a market value without re-
buses to its cost. It will be seen from the sneezed tables
that the average price of wheat in 1850, was mush below that
is any year during the present century, meet in 1835, when
it was less by le. per quarter ; sad the average value last year
of all ether grain k lower than it has been for at least a quar-
ter of a coatury. The prim of bailey was very low during the
spring, and for some time good grinding qualities barely
realised 17a per quarter; but Rom this point there has
been an advance of about 61. per quarter ; there is a mate-
rial &Wag off in the import of thisgrain compared with
1849; sad we think the stock in England L lighter than is
ure., IT the cue at this season of the year. Oats, we believe,
p an average crop, bat is some parbi of they
were apcoted to be toddled; at the lowest point aims
harvest, good Irish white ems have with us been worth only
17s. per quarter; sabesqesetly they have admired 2s. to
is. per quarter with light Fte, bat quite meal to the
demand, the 'applies of this la quarter having for
NON time been liberal, crop of bens la Engiand
was probably one• third short of an average in
1850, but the quantity held our harvest of the
previous year's growth was lap. Gar applies hem Pram*
and Egypt have also been mosiderable, and they have set
borne a relative value even to oats, though the consumption
for pig feeding in the autumn was greet. Peas were nearly
as deildent as beans, bat this had little effect on prices, sad
the supply was fully equal to the demand. The imports '
lanai 2.111 sad rye into Inlaid have only anointed to
shot MU what Om aid la ISO; while it la ostiaatott thN