The Express.
London, England, 1853-07-02 00:00:00

THE IRON TRADE.

STOURBRIDOZ, Jt: tic I.—The meeting of the irOT.-
masters of this district preliminary to the ensuing quarterly
on; seu held yesterday at the Stewponey, and was very
nurni ronsly attended. The present condition of the trade,
as wed as its future prospects, formed the subjects for en
unususlly protracted discustion ; a section of the makers
present acre, it is said, favourable to an adherence to exist-
ing prices, notwithstandieg the tact that the underselling is
daily increa-ing ; but thive who were indisposed to any
reductiou in the price being recognised I,y the trade,
pointed to the fact that they had a good demand for their
iron at the present rates; that advises from America and
elsewhere of a recent date pointed to an increased demand
for the commodity very speedily; and further, to the gene-
ral concurrence ot opinion that the trade had improved during
the Isst fortnight. The more cautious members of the trade,
end amongst there were, we understand, the largest
makers, declared themselves in favour of a reduction, as e
means of imparting a healthier tone to the bade—of check-
ing underselling—and of impressing manufacturers with
the conviction that the prices of the day are more stable
than just now they ear. be said to be. It was mentioned,
too, that a reduction would, in all probability, be followed
by a great increase of foreign orders, and so for help to
check tho underselling, which has this quarter amounted to
as much as 351. per ton. Besides this, it has been deemed
expedient at 60010 of the works to blow out furnaces ; and
pig iron has declined in value at ►east 30s. per ton ; more-
over, there is, it is understood, a considerable quantity of
Mr. Attwood's iron to come into the market, probaby on no
distortt day, so that any resolution to adhere to existing
prices in present circumstances would lie nugatory so far
as regards price, but it would be very likely to ma-
terially injure the trade; in fact, the price of
irou has been too high, and, as must hare been foreseen
long since, its subsidence to a reasonable rate was inevitable.
The result of the meeting to,day was a moire by the trade
to reduce the price of bars 11. a ton, making them 91. for
the future, which is greatly in advance of the figures
quoted at the corresponding period of last year, and we
are assured that there is every probability of this price b, lag
well maintained. The price of iron stone is a trifle lower,
but coals are still scarce and dear, and although domestic
consumption is very materially lessened, an enormous
quantity comes into the district every week from Leicester-
shire and Derbyshire. The demand for tin-plates was
reported rather brisker, and now that a reduction in the
price of iron has been recognised by the trade, renewed
vigour will, in all probability, be imparted to this trade.

COTTON.—BIVIERPOOL, JVLY I.—Without any further
news to affect our cotton market, the quoted prices of Friday
last have been steadily end even firmly maintained. The
large quantity of leafy and dirty Orleans end Mobile com-
posing our.present stock of American, readers those quail-
ties somewhat heavy of sale, and quite stationary in price ;
while the clean sorts, free from leaf, although below
middling in quality, are much sought for, and rather
tending upwards. The better qualities above middling,
being clean and free from leaf are a point higher. It may
not, however, be necessary up to this moment, to raise the
quotations above those of Friday last. Brazils are also
sparingly offered, and quite firm. Burets without change.
Egyptians the same ; and we close the week with a firm
and steady appearance, kept, however, a little in check by
the turn-out of the workpeopio at Stockport, to which lo •
cality we hope this disturbance may be confined. The Com-
mittee of Brokers place fair Uplands at 6p. ; Mobile at
Gad.; and Orleans at 61d. 6,400 American, 1,470 Surat,
90 Madras, 470 Egyptian, and 280 Pernam, are reported to
have been taken on speculation ; 2,700 American, 1,500
Surat, 120 Egyptian, and 1,000 Pernam for export. The
sales for the week 60,320 bales.

WOOL —Lszus, JULY I.—We have no improvement
in the demand for wool this week. Little has been done in
sales, and the tendency of prices is in favour of the buyer.

CORN.— CHELMSFOIII), July 1. There was a much
smaller supply of Wheat at market to-day, and buyers being
brisk there was an advance of 2s. per qr. established upon
most descriptions. The market closed firmly ; red, 455. to
485.; extra, 495. ; white, 48.. to 545. ; extra, 565. Beans and
Pear scarce and dearer ; very high prices asked.
LINCOLN, July I.—Our market was in a very excited
state to-day, farmers asking very extravagant prices. The
business done was at fully 3., more money than was given
this day siennight. Some enquiry for 1:/ate and Beans.
Wheat, red, 521. to Gls. ; white, 56.. to 60s.

LIVIRPOOL, July I.—A further considerable fall of rain
here each day of late, and complaints of unsettled weather
in most other parts of the kingdom, combined with the still
difficult and precarious state of Eastern affairs, the scarcity
of vessels and curtailed shipments in the ports of the Black
Sea, together with the extensive purchases recently made
for the continent, and consequent excitement in Mark-lane,
appear to influence the trade in all the British markets this
week, and \Vheat and Flour in particular arc generally re-
ported in more active demand at advancing rates. Part of
the fleet, about 71 grain vessels, expected from the Mi di-
terranean, arrived at Queenstown on the 27th, 28th, and
29th instant, the effects produced by which will be re-
ported from the Irish markets held at the close of
this week, and will be noted in our next circular.
The receipts of grain into this port during the last three
days are moderate from Ireland, but of Flour and Oatmeal
thence, as also of anything coastwise, the supplies are tri
vial ; while from the American States we have merely to
note 4,899 qrs. of Wheat, 2,046 qrs. of Indian Corn, and
14,262 barrels of Flour • front Egypt 2,330 qrs. of Wheat,
3,650 qrs. of Beano, and qrs. of Indian Corn, but from
Europe only 330 qrs. of Beans, with 3,595 sacks of Flour,
the latter from Nantes and Marseilles; the exports at the
name time being light. The trade here, during the past two
days, has been lively, a very large extent of business tri.ns-
acted in Wheat and Flour, on speculation as well as for
consumption, and at higher rates for each article. Tnis
morning, upon a return of line weather, the demand is
not so general nor so urgent as before, yet the local I
and interior millers have purchased steadily of Wheat,
at an advance of fully 2d. per bushel over Tuesday's cur-
rency,
and several further parcels have been taken for I
investment. Cargoes afloat exceed this amendment. The I
improvement in Flour is Is. per barrel, and a fair amount
of transactions took place. Barley and Malt are fully as
dear. Beans and Peas quiet, without alteration in paces.
Oats and Oatmeal dull at previous rates. Indian Corn on
the spot is in better request, at our full quotations of Tues-
day ; there is also more inquiry for distant floating (-argue!.
Arrivals into Liverpool from the 28th to the 30th of
June, inclusive: Wheat, 7,962 etre. • Barley, 650; Malt,
816; Oats, 3,313 ;Beans, 4,105; laden Corn, 3,577; Oat-
meal, 356 sacks ;11Flour, 3,645 sacks; 14,262 brls. Exports
to Ireland : Wheat, 50 qrs.; Indian Corn, 1,613 ; Flour, 24
sacks, 400 brls.
WALEVIZLD, July I.—Our supply of Wheat to-day ex-
hibits a great falling off as compared with the two previous
weeks, and it seems probable they will continue extremely
moderate, owing to the unwillingness of farmers to part
with their stake at present rates, and an extensive demand
having sprung up for France and Belgium, which is likely
to divert a large portion of the foreign shipments from this
country ; on Tuesday there was an animated trade at Leeds
in Wheat at a considerable advance in prices, which is fol-
lowed up to-day with great confidence, and we quote best
fresh qualities 3s. to 4s. higher than on this day ae'nnight,
and the market closed with a firm feeling, solely upon the
nulls of supply and demand, independent of speculation.
Oats and Shelling are rather dearer. Beaus as More. Malt
Is. per load higher. Little doing in other articles. Im-
ports during the week :—Wheat, 8,272 qrs. ; Barley, 170;
Oats, 437 ; Beans, 752 ; Shelling, 200 loads.

COALS.—Lownow, JULY 1. Ships at market, 21;
sold, 24.—Carr'sHartley, 16s. 9d. ; Hasting's Hartley, 16s. ;
Itolywell, 16s. 61 ; Redheugh Main, 14s. 6d; Willington
Hartley. 13s. Gd.; Walls End tiostorth, lbs. 6d. ; Walls
End Morrison, 15s. 9d. ; Eden Main, 16s. ; Walls
End Hetton, 175.; Walls End Latubton, 175.; Walls
End Itiehmund, 15s. 9d ; Walls End Itussers Hatton,
16s. 6d. ; Walls End Stewart's, 17s. ; Walla End Kelloe,
16s. 3d. ; Walls End South Kelloe, 16-. ; Walls End South
Hartlepool, 16s. 3d. ; Walls End Tees, 16s. Ga.; Walls
End West Kelloo, 151. 9d. ; Walls End i'eases West,
14s. 9d. ; Grey's West Hartley, IGs. 3d.

JeitoEY Taxatrox.—The states of Jersey have
obtained a renewal of the impot on wines and spirits for 6
months only from her Majesty's. Council, instead of the
usual term of 3 years. The impot is the chief source by
which the states derive their revenue for undertaking
public works.

THE NEW CAB AND 031N11.5i'S LAW.

The Act for the lxtte:r reiru:utiun of metropolitan
stage and Leanest carriage!, and far pr.:Whiting the itse of
advertising yelaiif s, taws riTect after the 10th inst. After
the 14 of Oet.tb r pees-.is desirnue of übt. ining
(Tuee to keen a cert.ege, rut,: err he eppiicatioa to
the Commissioners of Police, who. it the carriage be found
fit, Aran grant a certificate; to licence to he granted by the
Board of Inland Revenue without such certificate. The',
Comraisioners of Police may cause carriages to be in-
spected; and, if not inn fit condition, may suspend licen-
ces, and recall Stamp Office plate; notice of suspension to
be given to the lelauti Revenue. A penalty of 3f. per day
is imposed for the ut:eg and /Urine of carriages not certi-
fied to be iu a lit eentlitien. The fares aro to be Gd. per
mile, cc part of a mile, or 2s. per hour or part of an hour,
for carriages drawn by one hoe-e; and for carriages drawn
by two horses one-third more than the above rates. No
hack f err :dialie .1, but the driver to he entitled to Gd. for
levery fifteen ininntra that he shall be required to atop.
Tables of fares are to be put up inside and uut•tde hae::ltey
carriage!, and the driver must produce a book of trees
when required. lie is to be compellable to drive vie miles
from the place of hiriot. A reasonable quantity of luggage
without any additions! charge must be carried. The Com-
missioners of Police are to appoint persons to enforce good
order rat hackney carries," stands. Advert:sing vehicle, are
prohibited. Drivers hackney cart iait es ore liable to pen-
alties for offences tinder this Act, and the magistrates or
justices of the peace nro empowered to hear and deteriniee
offences, are! in ease of disputes the hirer may require the
:river to drive to the nearest police court or police elation.

l'eoes the LONDON GAZETTE.—Friday. ✓aay 1.

CROWN OrEICE,

M 1.31 UER RRI Crl;;;;Tt; ;E It T7I T.4-1;&+:-101- T

Bnro—ugh of titrou4.—Edward llonaman, Eq., in the room of Henry
John Moreton, co:nmonly c.ttled Lord Mont now Lad et Dods.
ammoned to the House of Petra.

WAR-OFFICE,JvLY I.

:oth Reglntent of I.ight Ur:gaons.—layrnet Dundee Iteinhirdt Gill,
to be iscutenant, by purelta,.,' vice leinenttt, wb tr, tire+ Cornett
Ilerry Barittg, from the 'and Uregouns, L. !se cornet, vies. Gil.
leth Light I)—Lieutebant ltobtit Cori, to te c imain, he pm.
chew, v cc Spicer, who retiree; Cornet Ed wirii Etttenhani I. tine,
to be .ieutenant, by purehare, tier Goff.
Coldstream Regiment of Foot Guards.—Serjeant Wajor Ilesander
k'aloiner, of the Coldttreani Guard., to be tlu irtermaater, vice
0111 P, doer:teed.
i7th Foot.— Cap.ain James Fat:iser Coital:oldie, from half-pay Gnat-
tnehed, to be captain, vice Reginald Peal, who rzettengee ; Lieu.
tenant The:upon to be captain, by purchire, site CUSUl-
bathe, who retiree, Enaten Richard limey Goodwin to be lieuten-
ant be purehask, vice Theem.son.
11th Foot.—Lieuteimut lie& Maurice Jones to he captain, by pur-
-1 chore, vice Busby, who reflect; Emien John Augustus Ful:er to
be lientenart, by purchase, vice Iota; Thomas Tyaeke, gent., to
be ensign, by ykarchere, lief Fuller.
ISth Foot.—Lieutenant Ch Woadwright t 3 be captain, without
purcte.*, eke Cockburn .:earared ; Enatga George William Stuck-
poole to be lieutenant, se.thont pm chase, vice eihoZwright.
19th boat.---Lieatruant George Bingham Jeuninge NW, captain, with-
out purchaee, vice Brevet.Lieutenaie-Coluntl Charlie Iliglimoto
Pattr, who retiree upon lull pay; Ecsign ll.nry Turner Valuta
to be liiuteeaut, witheut purchase, 'nee Jeunintra; Gentleman
Cadet Arnbroee Ytarehali Centel', hum the Royal Military College,
to be en•lgn, without purchase. vice Uniac!‘e.
firth Fore. - eptalu Char:, Woodwright, from the 'Ash Foot, to be
captain, lie., Game, who reins upon bolt-poy, Fah Foot.
87th Foot.—Eneien ihibert William Hebb to be Iteutoutut, by par-
ch:4e, vice Ilobeou, who retires.
54th Foot.—StalY.surgeen of the Second Clam Eneak Maeleintirlt Mac-

pheriiin t . be surgeon, vice Webster, who each urges.
FauL—Faisigii Harrison Walker J. Trent to be dcWenant, by
purchase, like Nicol, who relicts.
70th root —Lieutenant Arthur Henry Creswell Snow to be adjutant,
Mee Rutherford, promoted.
anti foot.—Aasiatant.surimon George Pishey Thompson 11W, from
17th Foot, to be assistant-surgeon, site Banon, promoted in thi.. :nth
Foot.
96th Foot—Lieutenant William Munnings Lees to be adjutant, vice
R. F. W. ComMtland, promoted; Assist: nt.iiiurgeon Riehoril
George Darys nation. tram 07th Foot to be bur g,uu, vice Luc"
promoted on the staff.
UO,YITAL Fisrr.—burgeon' William Lucas, from the 96th Foot, to
be staff-surgeon of the fleet vice Peter Robertson, M.D., who
retiree :Tut ; Madam Staff-Surgeon Thomas Goy, M. 11.,
to be staff-surgeon of the second clam, %ice Edwad Robertson,
d ceased; Saracen George Murray Webster, M.D., trom the 51th
r Jut, to be etufNurgeon of the neon.' chose,vice Kacttherwm, who
exchanges; Alexander Cache Ros 1,11.1)., to he asetatunt-surgeon to
the foram vice Guy, promoted.
Basco.—The undermentior.ed Cadets of the Fast India Company's
Ferrite, to have the b.c.t and temporary rani of Ensign, during
the period of their being placed :under the common, of Coleuel D.
Joao., of the lto7ai Engineers, far Field Instructions, at Chatham,
in the art of napping ant /dining: -John Linde' wood Champion,
gent.; Robert Chicks Rideau Pemberton, gist.; Robert Hume,
gent; strayer, gent.; John Richardson llaunsell, geut. ;
Harry Pyru, gent.; ‘i intim Chrystie,
Mn, ,ICANDtill.— The rctuovi.l of Ensign Henry from the S6th Foot to
a tietnetcy in the lath Light Dragoons, on the Path of Juae, 1533,
arid the appointment of Mr. Thomas Tyacko to en eneigney in the
former corps, on the same day, h..ve been cancelled.