The Express.
London, England, 1850-07-03 00:00:00

MOREY MARKET.

TOINDAT EVENING.
The accounts received to-day from the North Ger-
man wool fairs are of the same satisfactory character
as those which have been already reported from other
districts. At Ofistrow the attendance of dealers was
unusually numerous, and the quantity of wool brought
to market was 60,000 stone, being 10,000 stone in
excess of last year. With the exception of 3,000
stone, the whole was immediately disposed of at an
average advance of 1 dol. per stone over last year's
prior, with which the wool growers expressed them-
selves) well satisfied. None sold so low as
12 dohs. per stone, and the bulk may be
considered as having been disposed of at 13 to 134
dols, per stone, whilst some parcels commanded 16 to
16 dole. some very fine 16 2-3rd. to 17 dole., and one
particular lot realised no less than 18 dole. 12 gr.
The washing was particularly good, and the clip on
the whole was about the same es in 1849. In con-
sequence of the increase in this branch of business,
arrangements have been concerted to afford the cor-
responding accommodation next year. The principal
purchasers were from Sexony and Silesia.
At Kirehheim the market was about to open, and
about 7,000 cwt. of wool had already arrived.
St. Petersburg letters of the 26th June mention
several transactions in tallow, of which the most in-
portast are 20,000 poods first Y. C., at 110 r. cash
for Jane, and 7,600 ponds at 1091 r. In hemp
scarcely anything was doing, but prices continued
firm,
in at previous rates. fhe quality of some Mtjen-
noymuse of delivery was much approved of.
About 700 tons of flax had been done with the small
dealers at 110 r. 100 r. and 90 ; but the first•rate men
asked 6r. above these rates. Some business had
been done in Fambow linseed at 27 r., with 2 r. ad-
vance. In grain there was nothinz doing ; old wheat
was offered at 214 r. Freights were unaltered. A
veered had been taken up at 38a. 6d. for deals
to the rot coast. The exchange on London was
384 d. to Id.
Smyrna advice. of the 17th June report sales of
3,000 gls. wool at 200 p. for second and 300 p. for good
on American account, at which rates it disappears
from the market as fast as it arrives. Cotton was
improving in price, and sales bad been made at 260 p.
to 270 p. per gl. The stock was exceedingly small.
In yellow berries only a few small transactions are
recorded at 13Ip. per oke. There were about 700
bags in the market. Gum dragon was much in-
quired for, and 4,000 okes common had been taken
at 131 p. In leaves it was scarce, and com-
manded 34p. to 35p. With the exception of
1,000 Oa olive oil at 206 p., nothing bad been done
in this article. In Madders and Valonia nothing
whatever was doing. There was no change to notice
in the import market. The exchange on London was
111 to
According to letters from St. John's, New Bruns-
wick, public attention is still mach occupied with
colonial 'Hails and with the discussion of the various
plans for improving the political and commercial con-
dition of the colonies. The unionof the colonies is
gravely discussed in all quarters, and it is proposed to
hold a convention in London, of delegates from all the
provinces doring the present year, co that the true
position and prospects of the colonies may be fairly
and prominently bruught before the British govern-
ment.

At Toronto on the 15th June the Attorney-General
introduced • bill in the House of Assembly to in-
crease parliamentary representation, and the In-
spector-General announced the intention of govern-
ment to introduce a general banking law.
The following extracts from the monthly circular
of Messrs. Bremner and Till, tobacco brokers, affords
an additional testimony to the accounts received frora
the United States of the unfavourable prospects of the
growing_ tobacco crop, already noticed under this head
in the Express :
The account. narntimed in our last of the alarming
prospects of the growing crop have been more than con-
firmed, and the weather has continued so very unfavourable
that the most exaggerated e-mplsints are given vent to, and
we annex below cut acts from one letter: without, however,
fully believing all these, there is to doubt that the season
has been nearly as bad as posaimle, and it is now quite cer-
tain, with the acarcits of plants, and the very late planting
out, that the coming crop must he of necessity both poor and
scanty, and should no improvement take piece for two or
three weeks atter the last advice', a very serious deficiency is
inevitable. It is now found, also, that the last crop of Vir-
ginia was much smaller than expected, and that nearly the
whole of it will be required kr the demand of the United
States; and this, coupled with the state of their growing crop,
has caused a considerable advsnee in prices. In our April
circular, we mentioned a possible frlure of the er(p as a
contingency not to be overlooked by prudent men, but
scarcely expected that the result would so fully justify our
view,. We have long regarded the question of prices of
strips for 1851 as settled, and this last news will go a very
long way to settle them for 1852, and with leaf it is now only
a question of time.