The Express.
London, England, 1858-01-12 00:00:00

MARKETS.

THE CORN TRADE.
(From the lark-lane Express.)
The sham frost of the first week of the new year has tended
to increase the preparation of the ground for an early sowing
in spring, se well as serving se a timely check to the young
wheat. The latter looks unusually promising, the a
of rain and a low temperature at night having generally pre.
vented an undue luxuriance in ita growth. The rows aka
are remarkably even, and the gaps few. Thrashing has Wm
proceeded more freely, and the markets have been better pro.
videi with samples in improved condition. As we antic!.
wed, there luta been some reaction in favour of growers to
the extent of fully la. per or., though a certain slackness in
sales finally ensued on the return of damp mild weather.
Foreign mar:tete have shown • like improvement. The
Danube is frozen, with little prospect of a re-openingtip
oring by which the cheapest market in the world is cloeed.
As frost, too, has appeared in the Baltic, it is probable
that the lower ports there are also sealed. The ports in
the Asoff are in the lit., condition ; and the shipmate
now taking place at (Mama are made from the neceuity
of freighting the numerous vessels there, even in the face
of almost certain lose. No peat quantity can be ex-
pected from America for some tame, though the unprece-
dented mildness of the season has brought an unlooked for
accession of supplies. The French markets, instead of
shaping their course to the low rates obtaining in this
country, have been on the alit, and tending upwards. More-
over es the monetary pressure daily lessens, stocks are fall-
ing into firmer hands, and as the deficiency in ppootatoes
nearer lta telling time, we look for a moderate enhanamunt
in prices.
A. comparison of the imports into London in the last
quarters of 1866 and 1867 shown a moderate increase of all
grain, wheat excepted, which shows • decrease of 82,382 qrs.,
and on flour, after dedacting 20,020 brls. for the increase of
14,014 sacks, the total decrease is equivalent to 67,764 brim.,
the falling off in American supplies of wheat being partly
made up by early arrivals from the Baltic.
The sales noted last week were 86,788 qrs. wheat at
47e. 7d., against 85,768 qrs. in 1866. The London averages
were 495. 11d. on 2,963 qrs. The imports into the principal
ports of Great Britain for the week ending 30th Dec., in
wheat and flour, were 89,133 qrs.

FOREIGN GRAIN.
(From helrs Weekly ilemeeyer.)
Business in all the northern ports of Europe has been rutev
pended by the state of the weedier, although the roonetarr
pressure may be considered to be over, its effects
very visible in the downfall of so many old-e=he
houses. Discount at Eambure was the first to move down
freely, and now happily Landes bas followed the example,
the Bank rate having on Thursday been put down to 8 pee
cent., and discount houses affording a more liberal aselttoaa
to all their friends. The markets of France have be.
g ig= improved during the few cold and frosty days, pea.
y for choice flour at Paris, the four marks having ei•
Tenant about is. per sack. The French millers are um
making liberal offers as to quantity to England, and bedew
in this article promisee to increase, particularly in the se-
condary sorts, if the quality be kept up genuine, and node
entirely from wheat. These qualities can now be Aiwa a*
Dieppe at 345. 6d. per sack of 2801 b., whilst the four Soda
are hold for 38c, and Darbley at prima to compete with our
first town-made marks. From the United States we are not
likely to get much more until spring. Prices of cereals have
declined for all sorts of late, and the sales are now elkoted
for home consumption, only limited shipments bring mad.
for any pert of Europe, and from Canada business dor the
season Is entirely suspended. We have therefore no great
expectation from any quarter of the globe, and en opportunity
will be thus afforded of working up stacks thoroughly in time
to receive spring shipments.

LONDON VIM= DOCK IITI7IIIIIO-JAk. 9.
belenud Dims/ 11.10sak. 1147.
000 k s-W cei Lib 000 2.000 01.000 0.000
Mauritius ..
14.000
tL9lowo lira: moo:
I.`dOstna-r ll6 91 1%)°; **xi
owes ..... I.no 1,010 01.1100 00.700
00h5......
104 MOO LON
bar /0 10 s,oro L 34
nide 2.000
ton—a. • ?so 17:700 11. X

TALLOW.—The demand for tallow last week from the
Mode for coseutoption was strong, and the quantity cm elk
being very moderate, holders obtained an advance deny sad
661. wee reached. At this prioe the market has been eleady
to-day, with a good demand. Speculatively, 66e. wee pia
in the course of the week for March delivery. From Ad
past we had a little reaction, and 66a. wee again acomptsiL
To-day there is more disposition agate to buy for forward
Mand we leave off :—Spot 66e. ; February and Mardi, i°9l;., to 66e.; March only, 65a. to 66e. 3d. ; April, 64a. to
64e. 3d. For the last three months link has been done,
61s. 9d. is offered, 625. oohed. Tallow oil, 431. ; ditto thin.,
495. 9d.; town tallow, 645. 9d, net °ult. We quote
oil, 40s. ; cocoa-nut oil, Cochin, 42a. ; ditto, Ceylon, 40s. 10d.;
South American tallow, 665. same. Market in Petersbmgfi
firm at 1631 to 164, with 10 down for August.—(Frent the
Circular of Messrs. Smith and Charles, dated Maury
Evening.)

COTTON.—Livuneooz, Jaw. 11. The asks of
cotton to-day are estimated at 6,000 bales, of which 500 for
export . The sales include 600 Penis= and Mannhain et
60. to 70 ,• 500 Bahia, 60. to 60.; 600 Egyptian, OK M
100.; 600 Buret, 30. to Ofd. ; and 80 Sea Islands. IN. Is
2s. The market closes heavily. Compared with PAWN
rates, prices of American are 1-16 d. lower, or 0. per lb.
from last Wednesday. Other kinds unchanged.

COALS.—Loirnms, JAx. 11.-13 yam's &bads Harllty,
lds. Bd.: Holywell, 18a. Bd. ; Waage Primrose, 12a. ed.;
Walls End Northumberland, 12s. ; Wall. Bad Haswell,
235. Bd.; Walls End Plummer, 18s.; Wall's End Whit,
worth, les.; Derwantwater Bartley, 14s. eel. Ships at
market, 31; sold, 29.