The Express.
London, England, 1860-05-14 00:00:00

MARKETS.

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TALLOW.

The tallow market has continued in the same dull and in-
active state during the week as noticed in our hat report ;
and with an increasing desire on the part of holders to
realise price. of Y.C. in all positions hence to the end of
the year have further declined fully 6d. per cwt. when com-
pared with those current last Friday. Notwithstanding the
retrogression of prices for some time past there continue to
be an evident determination on the part of manufacturers
to purchase only for pressing wants, and which, with the
general dulness of trade, are still of a very limited charac-
ter ; nor can we look for any improvement until prices shall
have receded toe point that will be compatible with the
existing and prospective features connected with the
market. To-day the market has been quiet, and the result
of the public sale shows that holders of " sorts" are
anxious to realise, fearing lower prices. Y.C. is quoted as
follows :-535. 6d. for fine tallow on the spot, 53. 9d. for
delivery in May and June, 50a. 9d. for July to September,
and 50". 6d. pee cwt. for October to December. Ale im-
ports since Monday up to last evening have been only 990
casks. The deliveries have been 497 casks, sad the present
stock of all kinds is 28,705 casks, beings decrease of 633
casks when compared with the quantity on hand this day
week. Town melted warn held firmly in the early part of
the week at 53e. 3d. to 535. 6d. net, but during the past two
days there has been more desire to realise in anticipation of
a decline that, owing to the depressed Mate of the foreign
market, appeared inevitable, and which has taken plats,
the present quotation being 545. 3d., or say 51a. 9d. net,
which is a reduction of ls. 6it per cwt. on last Friday's
" Letter Price." This concession, we should obserre, has
already attracted the attention of consumers, end we doubt
not the stock will become much loosened. The public sales
to-day resulted u follows :
Taganrog.-Holders were evidently disposed to meet
buyers, and, to effect sales, submitted to a decline of 11. to
Is. 6d. per cwt. on last week's prices. As the sales pro-
gramed the rates accepted were in buyers' favour, and
hence proved irregular for the 270 casks offered, the whole
of which were sold as follows, viz.:-Mattes, good to fine,
525. 9d. to 53e. 6d. ,• middling to fair, 525. 3d. to 53e. ;
mixed melting, middling to good, 595. per cwt.
North American.-That offered was fine and very fine
quality, and attracted the attention of buyers, which re-
sulted in the 115 casks (chiefly barrels) offered being all
sold at 535. 9d. (two lots Ms.) per cwt.
French was neglected; the 37 casks offered being all taken
in at 535. per cwt. for good to fine, with lower qualities in
full proportion.
East India.-39 asks Singapore were held firmly, and
taken in at above buyers' ideas of value.
South American Horse Grease continues in very limited
request. Holders, however, are still firm, and the 900
cases offered were all bought in at 40s. per cwt.
Palm Oil is without any new feature to report. The de-
mand is limited, nevertheless holders are firm, and the 177
asks submitted were all taken in at 46e. per cwt. for firm
Wbydab, hr.
Cocoa Nut 01-The stock of Cochin in first bands being
small induces holders to "how much firmness, and hence
the 131 casks offered were all bought in at 455. to 45e. 6d.
for good to fine ; Ceylon on the contrary, was in fair request,
and 83 casks submitted were all sold at 43e. to 435. 6d.
per cwt.
Japan Wax.-1,000 boxes offered for sale, " without re-
serve," were sold at 565. to 60s. 6d. per cwt., being cheap.
Stearine. -Two cases French, of middling quality, sold at
9d. per lb. net.
(From the circular of Mews. Culverwell, Brooks, and Co.,
dated Friday evening.)