The Express.
London, England, 1860-05-16 00:00:00

MARKETS.

INDIGO SALER —The quarterly sales of Indigo, which
oommeneed on the Bth instant and terminated this day,
comprised 8,820 chests, 1,022 of which were in the B oats,
logue. During the progress of the mile 3,249 cheats were
withdrawn, leaving 571, chests. The intelligence received
from Bengal during the last three months respecting the
objections on the part of the natives to sow Indigo in the
lower .provinces caused some speculative inquiries in this
market previous to the sale, and a few hundred chests
changed hands at the rates of February to 21. to 3d. ad-
vance. The trade, however, showed little disposition to de-
part from that system of cautious abstinence which they
have pursued since the commencement of the Italian war.
It is alone to the distrust engendered throughout the
continent by the • ambiguous policy of the French
Emperor that we can attribute the prostration and
inactivity of the export trade in Indigo, pro-
longed from month to mouth, while the stocks
in every port of Europe have been reduced to a scale of
the narrowest dimensions, the result of several short mops.
The auctions of May, within about eight weeks of the most
important sales of the year have ever been adverse to the
interest,' of the importers, but when it is remembered that
in the last five quarterly seise only 20,000 chests were
taken by the trade, it becomes a subject of surprise that
the demand continues so limited. There was but a thin
attendance of buyers, either from our home districts or the
continent, and there were but few orders from Russia ;
many of the liner marks of Bengal were therefore with-
drawn, and others realised the prices of February ; broken
and defective qualities, when soft and showy, from their
scarcity sold very readily at an advance of M. to 441 per
lb., bat the close dark kinds required support to maintain
former rats, and ordinary consumers and Gude.. declined
2d. to 3d. per lb. Good Kurpahs sold steadily ; the in-
ferior ones at 24. decline. Good dry leaf Madre. brought
previous rates, and ordinary kinds fell 2d. per lb. The
quanotl sold, including several of the withdrawn parcel.
deposed before and during the sae, is 4,000 chests, of
which about 1,800 are Kurpah and Madras. It is estimated
that 2,700 are taken for export, 800 for home use, and 500
for speculation. 1,750 chests remain bought in. The
mks of Guatemala Indigo (1,320 serene) will commence
on the 18th instant- —Wren, the Circular of Messrs.
Layton, Hulbert, and Co., dated May 15.)

COTTON 000D8.—MANCHeBTER, MAT 15.—The check
to business in this market is almost as sudden and complete
as though some great monetary panic bad overtaken the
commercial warkl. Many of the merchants in the China
trade, discouraged by the probability of hostilities breaking
out there again, and by the news that the rebels were over-
running the tea districts, are withdrawing their orders where
they c►n, and in other cases are preferring to resell their
goods in this market to 'hippie, them. For India a similar
nao, ation of business is resulting from the further advance
of duties by the Indian government upon cotton goods,
which advance is estimated as equal to Ave per cent., or
making a total duty on some fabrics of 22 per cent. The
letters from India upon this subject are of the most dis-
couraging character. One of the largest importers at Cal-
cutta has written to his constituents here directing that
from the receipt of hie advice' not a single piece more of any
kind of cloth stow price be sent out. The duties lately existing
Wen Owed on.goods whin the value of ► piece of shining
was about a guinea, whereas the value at the present time
is only 12a., and sometimes is as low as Bs. ; and there are
shirting* at only 6e. per piece. The duty in all cases, how-
ever, on • piece of grey shirting is now fixed at 4s. 14d.
What is Mr. Cobden to say at Paris (it is observed( in favour
of ad ratoreni duties, when our own finance minister sent
to India is fixing specific duties upon our exports in all
eases The news is creating great uneasiness here, and
business of all kinds has been considerably impeded by it
to-day. The following is a list of the duties on India goods,
asgiven in the letter of a Manchester merchant :
From April 4, 1860. Formerly.
1. A. P.

A., A. T.

Mule twist 0 4 I per morals' ... 0 3 5
White shirtnip
Grey shirting,
White figuredditto ... 0 2 6 ~
White twilled ditto ... 0 2 0 ~
Grey twilled ditto O2 0 ~
White maclapollams .. 2 8 0 per piece
Grey ditto ... 24 0 ~
Valle eambrica 212 0 ~
Grey ditto
White malls
Grey malls llO 0 ~
White jeer:meta
Grey *warn. 2 4 0 ~
Limbrie prints
Nualin print 5............ 0 4 8 per yad 0 3 6
C. ttton velvets
0 2 9
1 ickens .0 3 0 ~
Grey drills
• A morals is 20 hanks.