The Express.
London, England, 1866-06-11 00:00:00

MARKETS.

HARDWARE.—Braxiirort•N, Jura 9.—The trade of
this town is reported quiet, but there has been very little
change since our last report ; the factors' orders are mode-
rate, which is not, however, an unusual occurrence at this
period of the year, the home trade generally being slack.
The deficiency in the supply of orders at this moment is
principally from the agricultural districts ' • from the manu-
facturing districts of the north they are about up to the
average. In reference to the state of particular branches,
such want of animation as is experienced is principally in
the fancy trades ; in almost all others the manufacturers
have sufficient orders in their books to keep them going
without making up goods for stock ; the demand for mate-
rial, also, is tolerably well sustained, and the rolling
mills are at work full time. The hollow ware manufac-
turers, tin plate workers, and wire drawers, are all of them
well engaged. In the foreign department dulness pre-
vails generally. As regards the continental houses who do
business here, the effect of the recent panic and the various
suspensions of one kind or other in Loudon has been to
put a stop to remittances, and until matters fall back into
a natural state there is not likely to be any change in that
respect. As to all Southern Germany, trade is to • great ex-
tent stopped, and with Italy comparatively little is being
done. For Sweden, Norway, and the extreme north of
Europe there area few orders in hand. With respect to
the manufacturing trades of South Staffordshire and East
Worcestershire in all the principal branches they are well
engaged ; but the iron trade is in a bad state.

COTTON.—Liemoox,Bu 9.—Market steady at
yesterday's rates. Sales, 10,000 bales, including 2,000 for
speculation sad export. 5,900 American, llid. to 18d.;
850 Pernavi, 130. to 16d.; 100 Maranham, 16d.;
50 Maceio and gibia, 13d. to 15d. ; 350 Ecrptian, 184. to
26d.; 40 Smyrna, 11 d. to 124 d.; 2,510 Surat, sd. to
100. ; Madras, 10d. • Bengal, Scinde, 6d. to 71d. ;
200 Peru, 134 d. to lid.

COTTON GOODS.—Mationsins, Jinn 9.—At the
commencement of the week this market was adversely
affected by the news that the answer of Austria had put
an end to any hopes of settlement by a Conference, and
both yarns and cloth were easier to buy. Up to this time
prices had advanced progressively with the reaction in
cotton, and a good deal of business bad been done in yarn,
and especially in cloth. The news later in the week of
the great bank suspension was another great blow to con-
fidence, and although yesterday and to-day a better feel-
ing has been caused by the renewal, with a good deal of
spirit, of operations in Liverpool, and spinners and manu-
facturers have been encouraged to ask higher prices, buyers
hold aloof to a great extent. Confidence for the present
has been too seriously disturbed, and merchants have re-
ceived too many reminders lately of the instability in values
of anything to go to work with cheerfulness and enterprise.
Commerce may have great recuperative powers, but after
so many mammoth firms have been wrecked and
overthrown, it is hardly surprising that some of the more
cautious business men should prefer to see a portion of
the debris cleared away before they begin to build afresh.
Water twist, in bundle and warp, is id. to ld. per lb.
cheaper than on Tuesday, and the prices of most descrip-
tions of yarn are weaker in the same proportion. In
cloth, domestics, long cloths, and T cloths, are very flat.
In prirten and ahirtings, manufacturers bold contracts,
and they are moderately firm, there being few stocks. A
strong probability exists that the Manchester branch of the
Consolidated Bank will be re-opened, and it is well known
that great efforts have been making for some days to dis-
entangle it from its association with the wrecked London
firms.

THE WOOL TRADE.—Messrs. Littledale and Co. re-
mark in their circular :—Transactions in this branch have
been very small since the close of our public sales on the
17th ult., the pressure in the money market and proba-
bility of war in Europe having caused buyers to restrict
their operations as much as possible. The East India
wool sales closed on the evening of the day of our last
circular without any quotable change from the report
then given. Since that time prices have been nominally
unchanged. Subsequent arrivals to present date for next
aeries are about 10,000 bales. The miscellaneous wool
sales, occurring two or three days after the failure of Messrs.
Overend, Gurney, and Co., and before the feeling
of consequent panic had subsided, of course suffered per-
ceptibly—a small portion onlybeing sold at prices about id.
to Id. below former quotations, the remainder being with-
drawn. Since that time the stock, v hich is not large. has
been held firmly by the merchilits, who have been willing
to sell at rather reduced rates, but not at a material sacri-
fice. About 2,600 ballots Peruvian were meld last week, at
within id. to Id. per lb. of the highest point. Sales of
other wools have been very trifling, at about a similar re-
' duction. In alpaca there have not been any fresh &deices
of shipments, and all first class lots in transit are sold to
arrive at prices which have been current for some months
past. We do not quote any change in mohair. The new clip of
English combing wool is usually brought forward in small
quantities at the local markets at this season, and
prices are consequently quoted 3d. to 4d. per lb.
below the highest point ; but as the great bulk of the
clip will not be available for some weeks to come, it re
mains to be seen at what reduction and to what
extent buyers will be disposed to operate at that
time. The probability of war and its apprehended
influence on the demand for yarns, added to the
state of the money market, and the disposition of mer-
chants at present to withhold orders for goods, have
caused many manufacturers in the worsted district to
reduce the time of working their mills until they receive
fresh orders, or can judge more clearly of the future.
Stocks of goods on hand are not large, and that branch of
the trade is considered to be in a sound and healthy condi-
tion. The London colonial fine wool sales commenced on
the 10th ultimo, and the bulk of the quantity already
brought forward has been sold. Prices have not varied
materially since the commencement, averaging a reduction
of Bd. to 3d. per lb. below the former eerie*, at which a
considerable advance on November-December rates was
obtained. About 160,000 bales are announced for the pre-
sent series.

CORN.—CANBRIDOE, JUNE 9.—We had a short supply
of all corn. Wheat was la. dearer. Wheat, red, 44ie. to
48s. ; white, 504.; beans, 480.; oats, 245. to 28s.

CARLISLI, J uBg9. —There was again a small supply of all
kinds of grain at our market to-day. Wheat told readily
at an advance of about 6d. per bushel upon former rates,
and oats and barley sold freely at last week's quotations.
Prima :—Wheat, white, 19a. 6d. to 21s. ; red wheat,
18a. 6d. to 19s. 6d. ; barley, 14s. to 15a. ; potato oats,
new, 11a. to 12s. 6d. per Carlisle busheL Flour, is. 10d.
to 2s. Id. ; oatmeal, 2s. 2d. to 2s. 4d. ; ryemeal, la. 4d. ;
barleyrneal, le. frd. per atone.

Co',annex, Jurrs 9.—A small amply of wheat, which
met a slow sale at an advance) of la. to b. per qr.
- - - -

OUTLD?ORD, Junn 9.—A large supply of wheat, but
very little of any other grain. Wheat met a general de-
mand, and must be quoted at about 2s. per qr. over the
prices of last week. Wheat, 38a. to 61a. per qr.; barley,
30s. to 35a. ; oats, 20s. to 295. ; beans. 425. to 49a.

Herrman, JUNI 9.—A good surly of wheat, and
brisk demand, at la. per load advance. Barley sells readily
at late price*. Oats and beans are both on the advance,
and the market gener dly has an upward tendency.
Wheat, red, per load, runs. 2135. to 30s. ; ditto, fine, Xis.;
white, 30s. to 33a. ; tine, 36a. Barley, grinding, per gr.,