The Express.
London, England, 1860-06-04 00:00:00

MARKETS.

TALLOW,
(From the circular of Wens. Cedverwell, Brooke, and
Co., dated Pride Keening.)
The tallow market has prae d mom Meneibiees daring
the week than for some time past, and with a fair amount
of business-as well for conatueption as of a speculative
character-prices of Y.C., in all panic:us, hews to the end
of the year, have advanced 3d. to Id. per cwt., when com-
pared with those current last Friday. The favourable state
of the weather for chandler's operations, together with the
fact of our home production having been rendered scarce for
the time, has doubtlem tended to create a better enquiry for
the foreign article, the more particularly as prices current
for Y.C. on the spot have more closely assimilated with
those ruling for forward delivery ; and hence there has been
more confidence on the part of manufacturers in buying in
anticipation of requirement( during the summer months.
To-day the market has been steady at the following
prices for Y.O. 511 a. 3d. to 52a. fid. for fine tallow on
the spot; 51e. 9d. for obl, and 52a. new tallow for delivery this
month ; 52e. for July to September ; and 51s. 9d. per cwt.
" buyers" for October to December. Odessa has been held
firmly during the week, and 535. is now current for fine
mutton, and 52a. for fine beef tallow. The import Inc.
Monday up to last evening have been 990 casks ;
the deliveries have been 780 casks ; and the
present stock of all kinds is 27,848 maks, being a decrease of
266 casks, when compared with the quantity on band this
day week. Town melted has bees in rod request during
the week ; in fact the demand may be said to have exceeded
the amply, inasmuch as some miters had previously sold
in an -..ation of stock. The market is now comparatively
bars, and as 50s. to 50s. 6d. have been the more general
prioas realised, while even 51. net has, in some Motown,
been obtained, the melters have advanced the "letter price
9d. per cwt. to-day, making the present quotation 521. 9d.,
or say 50s. 3d. per cwt. net. At this price, however,
makers are not sellers, and hence the " letter price" is rm.
dared a nullity.
The public sales yesterday resulted as follows :
South American was in limited request at a decline of dd.
pee cwt. on late ntes. Of 183 asks submitted, only 50
maks were sold (chiefly after the sales) at 525. 6d. for very
fine, and 51s. 9d. par cwt. for good deep yellow. About
300 maks are reported sold arrival at 525. per cwt.
Australian-The 300 masks offered were all sold with fair
spirit, and realised very full comparative prices. The chief
portion was mutton tallow, and -the following is the result
of the sales :--Mutton, very fine, 53e. ; good to fine, 525. 3d.
to 525. 6d. ; enkldling to rather dark, 51s. 6d. to 525. ; and
495. 9d. for dark and very dark. Beef, very fine, 51s. 3d.
(one lot 515.) per cwt.
East India-There was not any of floe quality offered,
and very fall prices being required for the 130 cams brought
forward, only 13 cams, =Wang quality, were reported sold
at the sales at 53e. Subsequently thereto 42 oases inferior
and falsely packed were ,ised at 48e. per cwt.
Gibraltar met with very spirited competition, which re -
sailed in extremely high prices being realised-the 23 casks
offered being sold at 56e. to 575. 9d. per cwt. for very fine,
which prices, however, must be regarded as above the re.
lative talus of the article.

Airieiliegetable,---;r Shea Butter. —Five casks mid-
dling quality were sold at 445. per cwt.
South American horse grease was again neglected. No
offer being elicited for the 200 cases offered, the whole were
taken out.

CA; 011 nut on has been in good request during the week,
which has resulted in • rather large business in the aggre-
gate at advsincing pries.. There was not any Cochin brougb
forward, and the stock is comparatively small. Of 367
casks Ceylon offered, 250 auks were sold spiritedly
at the sales as follows :—Good end fine 44e. ; mid-
dling and fair 435. to 435. 6d.; common. 42e. to 425. Ski.,
being an advance chiefly of 3d. to 6d. per cwt. on late rates.
One parcel of 54 auks was sold prior to the auction. 40
casks Sydney also found free buyers at 425. 6d. for middling
to fair, and 395. 3d. to 39e. 6d. per cwt. (lees 2} per cent.
discount) for inferior and foul.
Palm oil is in limited request. The chief portion (106
casks) of the 112 casks submitted was Monrovia oil of low to
inferior quality, and as no offer could be elicited,
the whole was withdrawn. 4 casks fine Lagos brought 45e.
per cwt. Holderein general are firm, and for some parade
455. 6d. is still demanded.
Palm nut oil sells very slowly. 54 casks, fair to good,
offered, being held for 34s per cwt., were an bought in.
Lard-13 cask Gibraltar, low to inferior, sold heavily at
375. 3d. to 38s. 6d. per cwt.

ODlTON.—Lrviarooi, Jrza 2.—There is no change in
our ritarkst, which is quiet, with a moderate business. The
Was are 7,000 bales- including 5,760 American, at 40.
to 80. ; 1,000 Surat, 20. to ,41d. • 100 470.jan, Se& to
10td. ; 100 Bahia, 70. ; 40 Yaranhem, 7ftl. to 90.- of
which 2,000 an for speculation and export. To-day's
import is 3,898 balm.

I COTTON 000D8.—MaNcureraffi, Tows 2.—There has
been no market, the holidays not yet being over. The fol-
lowing remarks m Mr. F. G. Mmulley's monthly cinder put
the objections to Mr. Wilson's new India tariff in a more
forcible form than has yet been done :—" The objection
raised here is not to import duties, but to the manner and
the extent of their application. The scheme appears to be
crude and anomalous, and well calculated to defeat its ob-
ject, so far as revenue is concerned. Whether or not de-
signed purposely to operate as a protection to the native ma-
nufacturer as against the competition of the British producer,
and thereby to enhance the cost to the consumer, it willow-
taint), have those effects, and by checking and limiting that
increase in trade which during the last few years has been
so largely developed and so greatly beneficial to both India
and country, it will probably be found that the in-
creased duties will yield km to the , exchequer than was
obtained under the previous arrangement. The manner of
assessing the valuesof commodities; for duties is its chief de-
fect, inasmuch as it imposes one uniform rate of duty
(sufficiently high under all circumstances), without reference
to quality, whereby the ten per cent. authorised to be levied
becomes in fact thirteen, sixteen, and in some instances
even twenty per cent. Thus the coarser and inferiorgrades,
which form the largest proportion of our exports, and which
are required for the poorest and most numerous class of
native consumers, are the most heavily taxed. The amass-
ment or valuation being charged per yard, irrespective of
weight or quality, involves the same duty on an inferior
shirting weighing but bibs. as on a fine one weighing 9/Ika.,
and intrinsically worth double tree cost of the former. The
same injudicious method of appraisement runs through the
whole genera of our manufactures and takes even a snore
aggravated form on bleached and dyed goods, the actual
duty being equal to more than two to three hundred
per cent. in some cases on the simple process of
bleaching, or the conversion of grey fabrics into
white. Al these duties act most oppressively on the
lower descriptions of yarns and cloth, they seem to be
designed to protect the native product, and to cause the
cultivation of the land to be deserted for the resumption of
the loom ; • course of policy which is neither beneficial to
the native consumers of India, nor to the manufacturing
classes of Lancashire and Lanarkshire. No. 40's Mule Twist
is raised in valuation for duty from lOid. to 13ed. per lb.,
and the duty, on the increased valuation, from sto 10 per
cent. The ammennent of Grey Shirtinp is raised from
ljd. to 10. per pieoe ; white ditto, from 13s. 6d. to Ils.
Bd.; Grey Mal lams from 3s. 3d. to 4a. rid. ; white
do., 4s. 6d. to ss. ; Grey Mulls, from 3s. 3d. to 4s. 6c1., white
de., from M. 3d. to ss. 6d. Grey Jam:seta, 3s. 3d. to 4s.
6d., white ss. to 6s. Tihs new scale will be equivalent
to an ad valorem duty of 20 per end. on many of the lower
articles, troth as constitute by far the largest portion of the
exports of this district, or, in other words, an almost pro-
hibitive duty.*

WOOLLEN.—Ime, Jun 2.—The market was well at-
tended this morning, and a deedy but moderate business
took placa in seasonable goods. Broad cloths had a fair sale,
and summer fabrics were also in rather better demand.
The tone of the market is firm, and from the course which
the London wool isles have taken this might hays been ex-
pected.

HABDWARE.—BnutmonAm, kii•WR 2.—ln the iron
trade of this district the slight improvement which took
place a week ago has been maintained, and even if as much
animation prevails as at present, the }price of finished iron
is not likely to go lower. So far as relates to this town the
trade is dull ; the hectors' orders have fallen off since the
middle of last week, and it is not improbable that we shall
experience more of this the nearer we get to quarter-day.
This week the manufactories have been on at full time up
to Thursday night, but many of the orders being at that
time worked up, the men will have two or three days' holi-
day. In some of the trades the slackness u lees apparent, and
the menace still working full time, but upon the whole trade
is very decidedly Sat. The foreign orders are still scanty in
every department ; with the United States especially there
is very little business doing. One or two failures are announced
consequent on the bankruptcy of Edwards, who absconded
a fortnight ago. The nominee of these fresh insolvenolee
are not stated ; one of the parties is Mr. John Hughes,
in the iron wire trade ; he has filed his petition for private
arrangement, and is understood to have business connexions
at Sheffield-

CORN:

41131111—Oar market was thinly
attended to-day, in consequenoe of its raining the whole
day. A short supply of corn. Wheat dearer; other sorts
unaltered in prim. Wheat, 52a. to 56a.
Canueut, Juns 2.—We had &savings supply of all kinds
of grain this morning. Wheat tram sold at about last
week's ratan Barley and cam at about 6d. per bushel de.
dine.

Co[cavern, JOll 2.—A small 'apply of wheat and
almost nominal of other grain. Wheat la dearer. Barley,
peas, and beans fully supported late rates. Weather very
wet, Sne much wanted far all growing corn.
GUILDFORD. mum 2.—The supply of wheat was short,
which, together with the very unfavourable state of the
weather, afforded an opportunity to sellers of obtaining in
many instances a alight advantage in price. Other grain
as before. Wheet, 50s. to 64a.; barley, 35e. to 40s. ; eats,
25e. to 30a; beans, 425. to 46a.
Hirryoao, Juin 2.—Wa had a very rainy day from
morning till after the market closed ; it therefore deterred
a great many farmers from attending, yet we bad a fair
offer of wheat, which made lest week's Barley
vary little offering ; no buyers for manlier ; grinding par-
cels rather lower. Oats, peas, sad beam made last week's,
prime. Wheat, 12s. to 365. per load ; barley, 26a. to
33a per or. ; oats. 225. to 30.. par qr. ; peas. 230 to 780.
per load ; beans, 255. to 30s. per load.
WheatLincocserostfite.rJauttraour2.c.—ri,Womartookleta pwrettzyto, lemandbltehishoswi of
tin.

dame of farmers and factors was about as usual. The
trade ruled dull at a reduction of la on last week's prices;
white qualities changed hands at from 58s. to 60s. ; red,
52. to 56e. per 36 stone. For barley the demand ruled
languid, and malting scota were purchmed at barely late
=l.lguotatioos varying from 40s. to 46a. per quarter ;
slow at 335. to 36e. per 30 stone. Of oat* the
supply we limited, and there was not much activity in the
Ma& at the currencies of the week previous ; old, 36e.; new,
32e. to 34e. per 24 dom. Beans were a moderate sale, and
moved off at former currencies, old selling at 48s. to 50s. ;
new, 4435. to 495. per 38 stone. Fine flour, 40e. ; seconds,
38s. ;thirds, 365. per seek.
NRWCARTIZ, Jutrs 2.—At our market this morning we
had a larger show of wheat from the mowers, and having
fair arrivals from the mail as well as from abroad, the trade
upon the whole was more subdued, farmers' samples scarcely
supporting the extreme rates of this day se might. In
south country or foreign little was done, factors being care-
less about gelling, excepting at full prices, whilst millers
were equally indifferent about buying ; some portion, there.
fore, of this week's receipts is going to warehouse to be
reedy for a renewal in the demand, which doubtless must
shortly occur. Flour much as before. Grinding barley in
slow request, and inclining cheaper. Malt unaltered. In
beans or peas little stirruig. (Ate met little attention,
although offered at • reduction of 6d. to ls. per qr. The
arrivals this week are Wheat, coestwise, 2,2343 qre.;
foreign, 2,825. Rye, coastwise, 12. Barley, foreign, 1,233.
Malt, coastwise, 41 Oats, coastwise, 3,893; foreign, 1,227.
Beans, coastwise. 12 ; foreign, 250. Flour. 1.000 sacks.
NORWICH, Join 2.—The supply of wheat at to-
day's market was somewhat limited, and prices advanced
6d. to ls. per quarter ; the millers, however, did not pur-
chase freely. The hurricane is reported by the farmers to
have done much injury to the young wheat plants. Barley,
oats, he., were taken off at late quotations. Flour was 6d.
per sack dearer, and is quoted this evening 375. 6d. to 313 e.
per sack from the miller.

NOTTINCINAN, Jon 2.—At our corn market this morning
the quantity of wheat exhibited was moderate for the SISSON
and samples came to hand in fair condition, prices remaining
fully as high as last week. Old white sold at 555. to 61s. . -
old red, 535. to 595. ; new white, 55e. to 61s. ; new rod, 544..
to 595. per 36 stone. The show of malting barley was ex-
ceedingly scanty, but there was not much demand, and
prim were in favour of the buyer; grinding wee in middling
request, but late quotations were hardly obtainable, sales
taking place at 32.. to 33a. per 30 stone for new sorts. The
supply of oats was small, and prices were quite as guy as
last week.

OXFORD, Jaws 2.—The market to-day was moderately
impphed with wheat, and prices were quite firm. White
wheat ruled from 565. to 60a. per qr. ; red from 52a. to
565. In other grain business was fiat at the following
prices, vis. :—Barley, 325. to 38s. ; oats, 245. to 325. •
beans, 445. to 50s. ; hog peas, 44a. to 48s. ; flour (seconds);
and which is on the advance, 40a. per sack.
PRTIRDOROCOR, JOIE 2.—At our market today we
had a small supply of wheat, which met a ready sale at fully
the prices of this day week. Barley, none showing. Oats
and beans each taken freely at late rates. Wheat, beet red,
555. to 56a. ; common ditto, 53a. to 54a. per 504th;. ; oats,
la. 3d. to is. 4d. per store; keens, 46e. to 47a. per 5321b5.

RIADIIIG, Julia 2.-Owing to the unfaYounble weather
the market was but thinly attended. There was a mode-
rate supply of wheat ; influenced by the extent of the heavy
rains, which are somewhat unfavourable to the grain ince.
pmta, holders asked higher prices ; to this there was a re-
luctance to accede, sad trade roamed slowly with an
upward teudenry. There is but little doing in barley at late
rates. Oats are not in brisk demand ; the prices still con-
tinue high. Beans and peas • moderate trade without
alteration. Wheat, 40a. to 425. ; barley, 30a to 455. ; oats,
18e. to NIL ; beam, 42c. to 20s. ; peas, 28e. to 465. House.
holds, Mk. ; asemeds, 42..

Jinn 2.—The attendance at this corn-
exchange was not very bags and the trade ruled dull at •
decline of about la. per quarter. There was • fair amply
of foreign, which mainmast the same reaction, prices
being quoted la lower than those at the last market.
There was scarcely anything
_doing in the barley trade, and
as the malting season is virtually over, the business in that
description of grain is exceedingly dull. Prices are
nominallytellfer warts, &limper than those of last week.
The late weather having improved the grass lands the
demand or oats ie limited, and prices about 6d. lower.
Beans and peas dull, with scarcely anything doing in either
of those article
WISINCE, JUICE We have bad a small attendance at
our market to-day, in consequence of a large fair being held
in the neighbouthood. The supply of all grain masc•
quently small. Wheat made fully the prices of last week,
and for good dry millers' quality ls. per qr. more was given.
Oats, beans, and barley quite as dear. Prices to the
grower :—Wheat, white, 545. to 56e. ; extra, 58s, 631 be.
per bushel ; ditto red, 51s. to 545. ; extra, 555. ; oats, is. 2d.
to Is. 3d. per stone; beans, 42i. to 455. per qr.
Woarsetrza, Jima 2.—At this day's market there was
a fair supply of wheat, for which higher prices were de-
manded, but the trade ruled dull at about previous rates.
Barley 6d. to is. per qr. lower. Oats declined • further
6d. per qr. Beans firmly maintained their value.
Yogi, Jon 2 —There was • limited show of wheat from
the growers on offer at our corn market to-day, and samples
were mostly of good. quality. Little business was done at
lest week's currencies. White descriptions were disposed of
at Ma. to 60s. ; red,„ 535. to 565. per 36 stone. Superior
barley was not much sought after; indeed, very little is now
brought to market, and remain without any material
venation ; secondary and inferior ditto for feeding purposes
was also a slow sale, and buyers had the advantage in buss.
a.
sea transactions, rates ranging from 31e. to 34a. per 30
stone. No important variation can be quoted in oats, the
supply being small ; old, 32a. ; new, 30s. per 24 stone.
Brans sustained their value, and realised 445. to 484. per 38
stone. Bye, 38s. ; malt, 68s. to 70s. per qr. Flour, 36e.
to 41s. per sack.
- - • - -

KILECILI.DY, Jima 2.—At our country markets, this
week, we had only a moderate quantity of wheat offering ;
although sales were slow, prices were very Arm, and in
many instance. Bd. to Is. per qr. higher than last week.
Barley and oat. in trifling supply, and prices in favour of
sellers. Here, today, we had a fair supply of wheat,
which soli slowly at last week's prices. Caste in small
supply ; sales ready at prices of last week. Only one
parcel of barley, which remained unsold. Wheat, 50s. to
58.. per qr. ; oats, 21s. to 32e.
. . .

.
WATERFORD, Joan 2.—The weather this week has been
cold for the season of the year, with frequent heavy rains,
but the growing crops are reported to be progressing
favourably. Our import list is nearly a blank, and of
home-grown grain the supplies consist almost exclusively of
oats by boat. Our market, notwithstanding, has been
devoid of animation, and millers and dealers have only
bought for the supply of immediate wanta. Irish wheat
may be written the turn lower ; but foreign, with rather
more inquiry, maintains former prices. Barley unaltered
in value. Oats have given way 2•1. to 31. per barrel the
last day or two, and a considerable business his been done
at the reduction. We have again to report a large sale for
Indian corn, at a decline of 3d. to 6cl. per barrel, but to-day
sellers are less willing to meet the market at our quotations,
their stocks being very much reduced. Flour 6d. per sack
cheaper. Imports this week:—Wheat, 30 qrs.; Indian
corn, 66 qrs. ; flour, 160 sacks. Exports thus week :—Bar-
ley, 400 barrels ; oats, 12,344 barrels ; flour, 1,706 locks
Indian corn, 320 barrels.

SHIPPING INTELLIGENCE

CASUALTY.

Edward Hawldna (a), IS:;talnguch: from St. Petersburg to
London, with tallow, put Into the Helder on the 30th of May.
with part of cargo thrown overboard, and damaged machinery.