The Express.
London, England, 1868-04-27 00:00:00

MARIBTa

COTTON.—LivurooL, Arm 25.—We bare had a
good demand again to-day, and a Arm market, closing at
an &draws of id. to id. per lb. on yesterdays rates. The
sake are 20,000 bales, of which 7,000 wfor export and
speculation.

°arrow DMODEl.—M•llltitinelln, Area. 55.—We
have had a rather quieter market all the week up to yester-
day, when buyers of yarns, both for home consumption and
for export, displayed rather more confidence, which re-
sulted in a rather active business. The week's business,
however, has been lees than an average. Spinners have
obtained an advance of 4d. to id. per lb., as eompared with
Tuesday's rates, on most counts for home trade cue, though
nearly es much under their own quotations, and for yarn
in bundle the Germans give rather higher rates. Yarns for
India,4o's and upwards, ars 4d.to;icl.lper lb. higherthan List
week, and some moderate transactions are reported.
Manufacturers have put up their prices to some extent in
consequence of dearer yarn, but the sellers of eloth have
not found buyers willing to make any corresponding
advance on their previous offers, which were already too
low to encourage business, notwithstanding the large
accumulated stocks in warehouse now somewhat pressing
for We. The movement in cotton has precipitated the
execution of some of the smaller orders which lied
been held back for a few weeks, but there are
no large operators in the market, and the over-
production of sloth going forward is forcing on the adop-
tion of short time. The recent attempt at • combined
movement in this direction did not succeed, but some of
the manufacturers at Darwin Treed to sto their looms
two to three days per week, an subsequently short time
has been very extensively adopted in the districts°, Bump
and Hoesendale. In other places manufacturers who do
not feel disposed to stop their maehinety altogether are
working with fewer loorus. This is more particularly the
case in heavy goods, such as domestics. As orders for
cloth run out it is expected that production will be still
more restricted, as the only practicable means of checking
the advance of cotton and bruiging up the value of cloth to
rates which will carry 'profit.

WOOL AND WORSTED.—Brunrono, APRIL 25.
There has been a feeling of quietness pervading the wool
market during the put /week, though the improved tone
of the cotton market towards the eud of the week tended
to impart a degree of cheerfulness which had not pre-
viously been felt, without, however, producing any appre-
ciable imp ovement in business. The transactions have
been only few, and very limited in quantity. Consumers
generally have of late largely supplied their necessities, and
are not in a position to operate for some time. No change
in prices can be reported. Good choice lustre wools are
extremely firm at late prioes, though inferior descriptions,
which are not quotably altered, may perhaps be in some
exceptional cues obtained on easier terms. There is no
change of moment to report in worsted yarns. Spinners
continue well employed, and prices are maintained with
great firmness. This is specially the case in two-fold yarns,
which continue to advance, frequently with a view to keep
customers. If there is anywhere a tendency to weakness it
is in singleyarns, which have not been in such brisk demand.
Export merchants are holding off to:see the result of the
LULU° fair, the anticipation of which a snort time age
gave activity to their movements. There is a very re-
stricted business doing on home account. The piece trade
has continued quiet. Home and continental merchants
have bought very sparingl ; the high prices tend to deter
merchant,' from operating. The most notable and encouraging
feature has been the return, after a long absence, of the
American merchants, who, apparently exercising caution,
have placed some few cullers. Prices remain extremely
firm, necessarily so on account of the high quotations of
cotton and wool.