The Express.
London, England, 1858-01-07 00:00:00

MA BEITS.

TDB HIDE AND LEATHER TRADE.—The eventful
Tear, 1667, which hie just closed, presents a retrospect of
the hid* and leather markets strikingly in contrast with that
of the pervious year. The tables we annes, oemparathe
prase, and of the imports and exports, will blow that instead
of dearemed eapplies, small stocks, and advsnoleg prices, with
which 1666 citard • 1667 exhibits largely inerseeed impte
semisolids. stake, and ultimetely, oonsiderably reduced
It will be remembered that in December, 1866,
rialtrl;ll an most articles of Lather was so great, that the
tb =st the bighming of the pat year were very nearly
ase that hes ban resoled. For the Got three
months these high rates were gemaelly well supported, and
even an advance took pisa on foreign butts to larch, conse-
quent on large purchases, °Melly of a speculative character,
having been mode in that article. From that period the
market arumed en uncertain appearance, and shortly indi-
cated a downward tendency. A slight reaction was coos-
Saud by the 'urbanist of the Indian war, which it was ex-
.cted would both acreage the consumption of leather, and
diminish the supplies of the raw material ; but the monetary
panic of the lan- three months,' in a great measure prostrated
this at well as other breaches of commerce, and produced
a reduction in the prices of hides and leather to • very largo
extent. It is isepadbk to determine how far the Lather and
bide markets might have been Influenced by the more
extensive applies of raw goods had not the money aids
occurred; it is ray probable that would have gravelly
declined for a ooaeidw,Ne of time; but the enlveral
character of the pink having paralysed all a-
part trade, while it in a great degree suspended operations at
home, has doubtless accelerated the downward movement, so
that possibly the lowest point may 7 sooner be reached, and
firmness more quickly be lisbed. One source of
diminished nonsunatioa of leather is greatly to be lamented
—that of the faihres In the; manufacturing districts having
thrown so many operatives out of employment, but it may
be hoped that the favourable change in the money market
will gradually occasion a resumption of work, and that, with
the low peke of bread, the home demand will shortly be
considerably restored. It is mtlifactory also to observe,
shown by our Table No. 6, that the exportation of "Lathe"
wrought" during the year shows an increase of not lee than
60 per cent. It must also be remembered that the require-
ments of the government will continue large while It is pro-
bable that the kw. range of prices will have the usual
effect of "amain consumption. We thus introduce a more
detailed report of the business of the past year, adding only
that it is satisfactory to end the leather Saga so well sustain
the severe prem. to which ell parties engaged In business
have recently been . The masubcarers have also
camas for that the meiat depreciation moo-
oelidstartaferiod of considerable prosperity, and that the raw
m has nand a decline still greater than that of the
manufactured snide.—(From the anneal circular of Hamm.
T. J. and T. Powell.)

COTTON.—Lmotroos., Jan. 6.—Thu market closed
with ibranasa, end ewhed • and, cont d with lest
week's Americans ands; 61d. are . per lb., and
Bradl and 141. per lb. dearer. be salsa tolaz
are 8,000 bass, 1600 on speculation, ootitridng
13•1ila, at 63d. to 616. ; 900 Egyptian, at 71d. to 9d. ;
2,600 Surat, at 31d. to 416. ; and 200 Sea Islands, at 12d.
to 206. per lb. Import dnos Thursday, 26,000 hales.

CORN.—BOSTON, JAN. 6.—There was a good supply of
wheat at this market to-day ; the trade brisk, at Is. advance.
Red, 47.. to 60a. ; white, 48s. to 68a. Very little doing In
-wring corn, sad prices same as last week.
STOCKTON-ON-Tin, lAN. 6.—The arrivals coastwin
are moderate. At this day 'a market we had a fair supply of
green from the growers. Wheat met a good demand, at an
advance of la. p:enarm st week's prices. Oats the turn
dune. Beane , with a fair demand. In other
articles no quotable n. Imports daring the week .
Wheat, essatwise, 1,286 qrs.

CATTLB.—SOVTIILLL, JAN. 6.—Trade WI very slow
to-day, sad it was difficult for Dollars to sell all out. Beef
mad* from 2s. 6d. to 4s. Bd.; mutton, 4s. to be. 4d.; veal,
4s. to be.; pork, Es. to 4s. 6d. per stone of 81bs., sinking
dm offal.

COALS.- Lownow, Jaw. 6.-Byaa's Sebald' Hartley,
16s. ; D4W633e111 West Hartley, 16s. ; Hastings Hartley,
16s. ; Holywell, 16e.; Howard' s West Hartley Netherton,
l&s.; North Percy Hartley, 14e. 64. ; Warpath West
Hartley, 14s. 6d. ; Taatledd Moor Bates, 13a. ; Walker
Primrose, 13e. ; idan Main, 22e. 6d. ; Walls End Bel-
mont, 20s. &I. ; Walla End Braddylla Hatton, 23e. ; Wells
End Hatton L 211. , Walls End Kepler Orange, 235.;
Wall. End South 235. 6d. ; Walla End Stewart's,
235. 6d. ; Walls End Shineline, 21s. ; Walla End CaradoN
22a. 6d. • Wells End Hartlepool, 211. 3d.; Walla End
Haugh 21a.; Walls End Hellos, 23a.; Walla End
North 16s. 6d. ; Walla End Trimdca Thorn-
r, 21s. ; alls End Woodhouse Clo, 104.;
marl,
116arlia. ; Maces Delay; 21s. at
tk 47.