The Express.
London, England, 1868-08-03 00:00:00

MARKET&

OOTTON.—lavraroot, Aronsv I.—We have had • fair de-
mand to-day, and a very drm market, at id. per lb. advance in
American description.. Other grades arm. The sales are
12,000 bales, of which 3,000 are for export and speculation.

MITON GOOD&—Msscaarraa, Averse I.—The extent to
which yarn and cloth declined list week led to considerable sales
towards the dose. The decline was one causing heavy loss to
producers, but it continued until Thursday this week, under the
great to sell, and there woe abnoat a panic on Monday
and Tuesday owing to the rtunoured failure of a large cotton
porting firm at Liverpool, with heavy liabilities. The result has
Gem tkat stocks of cloth to en enormous amount have been
cleared off ; and yesterday, under a reaction at Liverpool in the
price of cotton, =attempt was made here to advance prices again,
both by spinners and manufacturers, to the extent of N. to g.
The attempt was not wholly unsuoceesful at first, end in the
excitement of the first reaction some contracta were given oat
for cloth to make, but the market was quieter subsequently and
bail been so to-day. The fact that =schemata had
.bongbt so
heavily at low pewee explains their unwillingness to uscresse
their liabilities under leas disadvantageous circumstances. Very
generally buyers have since declined to operate, but the feeling of
the market is firmer at the clone of the week.

WOOL AND WOBETED.—BRAD/011111. Ammer I.—The prat
with has been marked by great quietness in the wool Wide. The
trensactions have hem very small. There is little disposition on
the part of spinners to operate. The principal demand is still to
choice lustre wools, the . of which are extremely Arm; the
middle and inferior sorts quite neglected, though remain-
ing pretty steady in price. There has been considerable activity
in mohair and alpaca, at fair prices. Staplers generally seem
wry hopeful as to the future, and are firm in their demands.
There is a very business doing in wonted yarns. Export
merchants confine their movements to inquiries as to prime, and
to purchases to supply _pressing orders required to amort the
stocks of customers aMoad. The new bullion's doing on home
account, though the beet, is only small—below the average.
purchases are made only to sandy immediate and pressing
wants. Mod spinnert are well engaged on old con-
tracts, and are quite indifferent as to new busbies. Quotations
are steadily maintained ; if there is a disposition on the part of
any one to make a concession in price, it arises from the fact
that orders in his case are running out. The some languor
vades the piece market. The quieMme which has prevailed is
the Liverpool and Manchester markets has had a corresponding
d influence this department of our trade. The ex:
povel on
merchants are. doing little or no business. The Americans
recently supplied their moats for some time to come. The
home merehants And their operations checked by the protracted
dne weather, which, as the smiths eel must continue to weer
light summer goods longer than nen al, will defer and diminish the
period for goo& usually produced for the autumn meson. The
fall in cotton warps tends to render quotations easier.

IRON AND COAL.—Mmoumeonoeon, Ames? I.—The condi-
tion of the pig iron trade sets the tendency to improvement
noticed in last week's report. Holders are not so eager to quit
at present rates. Some considerable transactions have taken
place during the present week both in foundry and forge iron.
(411:dation* remain unalteted. It is believed, however, that there
are fewer exemptions! sake at lower rates. Present prices are,
No. 1, 465.; No. 3, 435. • No. 4,41 s. Shipments to the oont,neat
keep low, but the Scotch and Welch demand is optionally
good. The borne trade is also much better. On the Tees
manufactured iron of all sorts is in better demand except
rham plates. The same elms of iron, however, on the Tyne
puf so much inquired after. MIN continue to be shipped in
considerable quantity, chiefly for Russia, which it is believed will
modeue whilst the ports remain open. Foundrita are now pr,dty
well employed both in the casting and pipe -,artment. Rae
iron k at a low ebb. The disadvantages MidiDosborougli has
been la under with respect to dock accommodation it is
Ix-bawd are lately to be remedied by the North Eastern Railway.
'The contend yoke trade show no animation. Shipment from all
the north-eastern ports are compsnatively man. Coke is being
stocked, and more ovene are being pot out in South Durham.
The trade by rail to London has within the last two or three
weeks shown a slight improvement.

LACE AND NOSlENT.—Norrnionsw, Anorwr I.—There has
been less doing in the lace trade during the pest week. The de-
mand far black and white lams, however, eontinues active.
Sprigged nett are also in request. In Mechlin+ there is very little
doing. The cotton branch is quiet. Curtains are selling to some
extent. The plain trade in most departments is extremely dull.
Raw silk commando high prices. Iyarns are Item. In the
bulk 37 trade there is no improvement. A few shipping orders
creep into the market, but the home demand is dull. The flatness
is however expected to be only temporary. and • better state of
things is anticipated shortly. The market for hosiery yarns is
dull, and prices are without change.

HAR.DWARZ.—BIMII/1011A IS, ArormT I.—The trade of this
town is steady in moat of the principal branehea, excepting tau
fancy trades, which me more or leas depressed, and • fair amount
is being dons for the time of year. The manufacturers have not
many olden before bond on their books, but they have sufficient
to keep dam tolerably well engaged, which a an impravenemt on
this time hurt yrar. In the military gun department there is full
mplovment, and the barrel makers are levy. In the metal
unclip; aleo, three is a moderate degree of activity. The edge-
teol makers alert business quiet, chi. ily in rotovemenoe of the
cklitient supply of onlers an aovunt of the South American and
ame otlur foreign markets. The merchants are, a. it rule,
p.virt; vet cecina mere freely. With anneal of tht• ,ntly-
eyeri d semiotic this town and the (Harriet Ea sot 13 %..1 In,r
,rude. In the COM IA: of this week a inch •orrly at Ortiri
i.aat sista