The Express.
London, England, 1849-11-28 00:00:00

THE TEA MARKET DURING NOVEMBER.

Sines the date of our October Circular we are in receipt of
advises from Hong Kong to the 29th September, by which
we ars in possession of further particulars of the murder of
the Portuguese governor of Macao, by the Chinese iv August
last ; but the presence of her Majesty's end the French and
American ships of the line had maintained the subsequent
tranquillity et the place. Things remained in this unsettled
stabs at the date of this dispatch, nor shall we learn the re-
I milt
.until the arrival of the nest overland mail. as Stu will
.

in all probability have lathe interim received his instructions
from Pekin. Meanwhile, the Chinese are repairing the fort
at Cosgent Bronco, but the intention of mamas hostilities is
matters of conjecture.
All was luiet at Canton, and the only news of importance
(says the k rienel of China) that we have to communicate is
the discovery of a powenal fleet of pirates, by which com-
mutatel operations suffered eonsiderable delay. Settlements
for Tea had continued during the mouths of September, em-
bracing altogether 400 chops, and showing on the total en
issuw ia black as compered with last year, of 9,130,000
lbs., and a decree's of green of 203,0001 h , thus : From July
lat to September 24th, 1849, black, 19,406,331 lb. ; green,
1,281,680 lb. ; from July Ist to September 31st, 1848, back,
10,276,210 lb. ; green, 1,484,8781 b.
Them figures have, in our op.nien, produced more effect
upon the home market than they warranted, for as they
only show the quantity shipped up to September 24th, and
not the amount of the season's supply of either black or
green, we do not consider this information of sufficient im-
portance to justify this temporary depression in the price of '
black, or the advance in the prim of green Tee, for the
completion of the supply may give a very different result to
the above. It appears that when the lest advises left Hong-
Kong, an active business was going on there, and about 60
chops of congou had bean settled for, at fret; 13 to 20 tact",l
1 but no mention is made of the quality of the tee.
It will be hazardous and premature to give any decided
.caina.ioinhastpreeences tltaoany thrutiegdeneral
uring iqualityorotfhethisLezirt's
that 'may come in. The best advice that Cllll be offeredg
now
I is, to buy cautiously of congou at ls. 9d. and Is. 10d. per lb.,
but freely of good and fine qualities at from le. to Is. 21d.
p-r lb., which latter are now of exceeding good value.
The Tea market at home daring the past month has been I
quiet, chiefly on account of the report" of the heavy ship-
ments of the new crop. Congoas have generally suffered a
slight decline, whilst in green Teas there has been more
then a corresponding improvements, especially in the fine
kinds. In fancy Teas we cannot notice any material
alteration.
Sham Tzatt-Low congou at present rules at about 81,
but it really is common ; and though the supply is very
small, yet it is equal to the demand. A little business has
been done in the bettor sorts, though merely what was re-
quired for present consumption ; of course the expectation
of the " new crop" has tended to Loosen the demand for the
small remaining stock of the fins kinds of last year's import.
scented orange pekoes are now scarce, and the few just)
arrive have been offered at very full prices. Souehongs end
plain orange pekoes are in limited demand. Some of the new
crop of Commit was sold here on the 23rd at Is. 9d., ex the
Mary fiparks, which arrived here on the 21st inst. ; soree.l
what below the prices realised for the new Tea at Liverpool.
Onazx Tams.-Very ordinary twankay has been sold as
low u 31, whilst good has realised Bd. per lb. ; this is chiefly
on account of the smallness of the stock compared to the de-
mand for exportation. Common hysons from 11d. upwards
are in demand. Canton young hymns have experienced an
advance of about Id. Gunpowders are ld. to 2d. dearer
than last month.
Two public sales have been held during the month ; one
essapriirsg 1,000 chests Assam Time on the 20th realised full
rises the other, on the 21st, consisted of about 12,000
packages, only 2,000 of which were sold, fotching former
pnc. a.
The Liverpool market has been unaltered ; a moderate
business has been done in fancy Teas, but scarcely any in
copious, whilst green Teas have been required.
The new crop of congcu has been partly sold, and realised
Is. 9d. to le. 91d. per lb., an advance upon the London
prices. Two camels with the new crop have arrived at Liver-
pool and one here.
The stock Ia the United Kingdom on the 31st October was
40468,0001 be., against 47,328,0001 h. in 1848, a deficiency of
6,660,000.
Svoaa.-There has been an active demand during the
latter part of the month, and a rise of 6d. to lc has taken
place on all kinds, and considerable parcels have been taken
by the trade. This however did not continue, prices having
receded during the peat week. The market for refined still
continues inactive, and present prices may be quoted-brawn
goods, 475. to 475. Bd. ; middling, 48s. to 48s. 6.1. ; good to
fine Tillers, 48s. 6.1. to 62a.
Correia-There has not been so much business done In
Coffee for several years past as during the last and present
month. Prices have been fully 6e. to Bs. h' her than is
October. Native Callen has nearly 475. and the
lowest foreign East India 395. ; last week, however, native
Ceylons declined Is. Plantation has sold 665. to 68e. ;
mid-
dliag to good ; fine ordinary to low middling, 60e. to 655. ;
good ordinary, 46e. to 481. • pea berry, 665. 6d. to 60a.
TALLOW.-Tkis market' still continua depressed, bat a
little business was done last week. P.Y.C. etas realised
37e. to 37e. 6/1., though the finest is held for another 6d.
The deliveries fell short of the corresponding week in 1848,
and the stock was one quarter more than at the same time
last season. Large arrivals have taken place during the
month, sad the ohipments from St. Petersham are com-
pleted, but there still remain about 120,000 make to be
received.
Money has been more plentiful lately, and a difficulty
experienced is employing it. This has given rim to specula-
tion--topecially in articles of which the price has been
aspersed. This abundance has been very perceptible in the
Stock Exchange, the funds having risen throughout the
week, and closed at 941. The bank has red aced
the rate of
discount to 21 per mint.-Prom Morse and the
rat
Circular.

WITHDRAWAL OP SIR W. PARSER'S SQUADRON
PROM TEI DARDAN3LLIS.—Orders have been sent out to
Vice-Admiral Sir W. Parker, Bart., G.C.8., to retire from
the Dardanelles with the fleet under his command, and to
proceed to Malta.—Herald.
THE MURDER AT MANCHESTEIL—In the Express
of yesterday we gave an account of the murder of a
email-wen weaver, named John Reyes, In John-street
Manchester,at neon on Sunday, by a man named
Sheridan. The brief fact' of the ease were, that Sheridan
was beating his wife in the street, and that Reyes went to,
smog a crowd of people, and advised the man not to laift
a disturbance in the public street, when the other stepped
forward and plunged a weapon, supposed to be a chisel.
is
his chest, and Reyes only survived a few hours afterwards.
We gave the evidence at the inquest, held at the
Royal Infirmary, up to five o'clock on Monday
evening. Some further evidence having been given, I,
the corms asked the prisoner whether he had any wit-
nesse to call, to snow that he had received provosation from
the drowsed.—The prisoner replied that he had spoken of
a female to the police officer, who could show that he had
received great provocation. but she was notes attendanes.
—The coroner having addressed the jurythe polet of
law distinguishleg manslaughter from murder, the latter
turned round, and after a few minutes' consultation, re-
turned a verdict of wilful murder &gains Bernard Sheridan,
the prisser.—The wife of Sheridan had received a stab
from him behind the head, it was stated, and 'she was not
present, nor did she seek to be present at tho inquest.—The
prisoner was subsequently committed for trial on the
coroner's warrant_, at the forthcoming South Leeeeohke
winter urines at Liverpool.
LAND AT BOWNESA.—Not long ago land wee so
Mane about Bowness that it was %Inset an impossibility to
get hold et ea much as would suffice to build a cottage upon,
consequently every one began Vj feel tallow to get hold of a
OM, almostat any Floe. w.uich `gas given tee to specula-
no& en the matter ; and Row there Tem, be foot& upon
inquiri, three iudividullt ";,o have lately bought small
patches neartheVllP. who are willing to accommodate
porcomere of small PIA, at the rate of 1,6001. per Sere.—
Testnsoreland Civ,ette.