The Express.
London, England, 1866-05-18 00:00:00

MARKET&

TALLOW.—THURIMAT Ermwo.—The market was flat.
Spot, 44a. 9d.; June, 44a. 6d. ; October to Decem.
ber, 47e.

COTTON.—LrwraPoox, MAT 17.—We have had a
rather quieter market to-day than yesterday, and prices
are rather easier. American about Otd. easier. The sales
are 5,000 bales, of which 500 are for export and specula.
tion.

WOOL AND WORSTED.— /burin-nip, MAY 17.
The steadier tone of the Liverpool cotton market this
morning, and the more peaceable tenor of the continental
advice', have in some measure (relieved our market from
the extreme depression which had characterised it for the
last few weeks. As far as the actual business of the day
is concerned, no improvement has taken place. There is
an entire indisposition on the part of spinners to operate.
The present unsettled state of monetary affairs tends to
produce great caution. Stooks in the hands of staplers are
not so small as has been reported, but they are
held by those who can afford to retain them.
Specials sorts, of a choice character, are sold at
fair prices, and lower offers are made for other sorts of wool,
but they are generally rejected. In wonted yarns there
is the same indisposition to do business. The export mer-
chants keep out of the market. A few order have been
placed in two-folds for actual requirements. The demand
for the home trade has fallen considerably, and spinners,
though on the whole tolerably well employed, in many
instances find orders running out without any prospect of
their being renewed. Working short time is talked
about. There is some slight improvement in pieces. Mer-
chants are looking about and inquiring as to price,. Some
few orders have been placed, but most merchants are pur-
suing' a very cautious policy, and refrain from buying.
Stocks in manufacturers' hands are unusually low. Though
prices have to some extent given way, yet the reduction is
inconsiderable as compared with the fall in the raw mate-
rial. Several American merchants are in the market to-
day, but they are only looking round and testing prices.
Novelties in fancy goods for the autumn are ready, but
manufacturers so far find it difficult to obtain the high
prices at which they are quoted. Business in the ware-
houses of the home merchants has been very quiet.
Drapers have generally supplied themselves in prospect of
Whitsuntide.

LACE AND HOSlERY.—Norrifiolum, MAY IT:
late panic in the money-market, and consequent high
rates of discount, have been felt but slightly in business
circles here. The lace trade is in about the same quiet
state as it was last week, the continued diminution of
orders from the Continent being compensated by more
inquiries from America. There is very little change in
the home trade, and quotations for all classes of goods
are merely nominal. There are still few or no orders for
the Australian market. The hosiery warehouses are mode-
rately busy for the season, there being a fair sprinkling of
orders both for shipping and for home purposes. For the
American fall trade there is also rather more business
doing. Though the prices of cotton and yarn still tend •
little downward much confidence is felt that the present
rates will not be materially altered.—Nottingham Journat,

CORN.—BIRVINCRAII, MAT 17.—At this day's market
there was rather more English wheat offering, and the
trade ruled dull at rather over previous currency. Barley
scarce, and fully as dear. Oats 3d. and 6d. per qr. higher.
Beans and peas tending upwards.
BRISTOL, MAT 17.—At our market to-day there was
much less activity than last week. English wheat was