The Express.
London, England, 1850-12-30 00:00:00

AMRSICAN MARKETS.

Haw You, D2O. 17, 6 P.Y.
The leading features of the annoy market are mush the
wan an noticed in ours of the 10th inst. If we swept the
heavy transactions going its in hag stocks, the dentend,
though active, is not of a speculative sharamer, but congaed
chiefly to the leakiness wants of the maereentile community.
The variation in prior Moose of the principal commodities,
wwith the ingroming badness of the metropolle, not
ires a further expansion of credits, but an addi-
tional macula of banking capital to represent the move.
meats of trade. .

In regard to the supply of capital, money is rather more
freely offered, the &deans on foreign ezobange having a
tendency to keep back large and namierous sums that would
be remitted, it the rates lad continued to decline; short
lint dues peps, therefore, is in request Sr temporary
Svaelemesl4 esel sees freely at oar minima= quotations. The
kasha are dissenting liberally for dealers, bat not below
the sad bank intense. On strictly prime paper the rates
are a trills lower at the dissent bows; the supply of paper
being large, there is a heavier bakes doing than we have
noticed ter some tins past.
Brace.—There is an active deemand for silver Nina and
doubloons for export ; the limited supply, aotwitketanding
the extraordinary high rite. of preemies paid for liver,
restricts shipments. The animist engaged for the Asia to-
morrow is therefore cesparativsly small. We quote
Spanish dollars, 106 to 107 ; Mexican dollars, 1034 to 1031;
American half dollars, 102 to 1024 ; five franc pieces, 964 to
97 ; sovereigns, 4,66 to 4,87; Napoleons 3,83 to 3,84 ,•
Spanish doubloons, 17,60 to 17,26 ; Patriot do., 416,26
to 16,40.

(Tram Taltott ad Bothers' arottlar" of 17th Dee.)
Oaf lilt respects wore per Europa, 9th that. Oa the 10th,
the sales were 1,400 bales, Tauketa freely supplis4 at the
sotatiaste of the 9tb. On the 11th, 600, Issas( dolt—
ansosnoed at Hants& Oa the 19th het dykes
*we received For teleraph, bat no busbies@ was &See, it
be " Thaalsaylvieg Day." Oa the 13th about 600 baba

wore rid, dildly Ise home see, without change. On the 14th
the leakee sem le head of the 30th ult. from Liverpool, and
beteg wrymaiswarahly construed, about 460 bales were sold,
chiefly Uplands, at a redoubts of fully 4e., lneeladisg"mid-
littg"
at 1214., and " fait" at 131... equal to 71.1. for the
former and 71d. for the latter sold in Liverpool. Oa the 16th
the pestle inetemed, and sales to the extent of 1.800 bare
were *Nutted at 124 e. frr " middling" end 13e. for middling
fair Uplands. Gulf cottons being sears. were lea affected.
To-day the sales reported ea 'Change were 1,460 balm, and
thou that ease under our observation were 6e. higher ttaa
could have been obtained yesterday, when the anxiety to sell
resulted in a puerile paste.
The quotations annexed are of coarse based on the sales
effected, and us no lads: of what any quantity could be
bought at, as those who were most anxious to tell have bees
relieved, and the principal holders have not Ther', but
merely " lookers on" during the panic. southern
markets, es far as heard from, have b.en but little effected
by the Asassiaa's advicex At Charleeton, en the 14th, com-
mon fair was 124 to 121 e. At Savannah, 126 to 121 e. At
Mobile, on the 14 h, toe latest date by telegraph, middling
was 12 a At New Orleans, on the 14th, middling was 124
America's news salved on the 11th. Saes of the week
seventeen thousand bales. We quote, based on the forced
sales of the put two days, as follows :—The depression in
Liverpool, advised by the Europa, Arctic, t, and America,
is there attributed to the alarm felt at the unsettled state of
affairs on the Continent, while at the mime time it is
asserted that no fears of war are entertained in the
best informed circles of London and Paris. Here a
marked decline has occurred, and it is attributed to
same cause, fear of political disturbances. We have no doubt
that the web of German polities spreads difficulties in the
way of the Eneli,h speculator, but we believe that the
large shipments made at the opening of the upon of the
old stocks remaining in the ports of the Urited States not
eakulated upon at the time that the speculative purchases
were made in England during July and August, have been
the more immediate cause of the declining course of the Li.
mimeo' market. These bring offered freely on arrival sup-
plied the regular demand, and thus checked the advance in

Prices. -
The policy of spinners to leave the largest stock possible in
Liverpool at the closed the year was early shown by their
liberal purchases on this aide at rates materially above those
current in Great Britain, and by their restricting their
'purchases at home to their immediate necessities, thus reduc-
ing the stocks in the manufacturing districts, ea was esti-
mated on the 30th ult., 80,000 bales, as compared with same

period last year.
The export to Great Britain, as shown by the table of the
New York Price Current of the 13th November, was 121,203
bales from the Ist of September, against 33,01.5 bales corre-
sponding period last season—an excess of 8/4,118 bales, at the
expense, however of the stocks at the ports, which at same
date were only 165,661 bales against 265,976 bales last yeas
—• reduction of 100,415 bales! t—sebile the receipts of the
sew crop were at that moment 2,4t)0 bales less than last year.
From that period the excess in export has steadily diminiehed,
being now only 82,463 bales, and consequently the stocks of
American cotton in Great Britain will, contrary to custom,
be lees at the close of January than at the close of December,
more in taking stock always exoepted. On the subject of
crop we have nothing new to advise ; but, we repeat, our
confidence is undinsimehed in the correctness of our previous
advice,.
Planters have sold freely since the season opened, and are
now strong in means, and will not, we think, be in haste to
dispose of the balance of their crops, especially at any
material redactioa. They have pursued the true policy of
supplying the demand, and can now wait its revival without
incoavemence.
We annex for your perusal a letter of late date from a
correspondent in New Orleans, whose views during the past
season, which we frequently placed before you, were, as the
result proved, singularly accurate ; and, we may add, that from
a veined correspondent in the Atlantic States, we learn that
the planters are more than ever disappointed in the results of
picking :
New Orleans, Dec. 7, 1850.
Talcott, Brothers: Gentlemen—ln reference to
extent of crop, two millions will be the nearest round num-
bers. The most general estimate here, until about a week
since, was 2.100,000 bibs, but very many of those have fallen
to 2,050,000 bales, and all admit at least a deficiency equal
to 100,000 bales in the difference of weight compared with
the bales of last crop. Such are the character of the accounts
from the planters, their crop falling so sheet of their calculi
dons of the most recent date, that 850,000 bales receipts
proper, here, is an extreme figure.
New Orleans Other
Atlantic Cottony. and Mobile. Cult Cottons.
Inferior
Ordinary to good ordinary 12 to 11 do. do.
to /Aid. good mid. - Ifi to II to 111 do.
Slid. fair to fair
Fully fair to good falr Rona sold. 145 to wogs sold.
Freight to Liverpool, id.; to Havre, It
FLOUR AND OWN.
(From Edward bill's Circular.)
Sines my report per steamer Niagara, the supplies of
Winans flour have been somewhat heavy (as is usual at this
season of the year) but ea the canal navigation is now closed
for the season, holders, in view of the moderate winter stock
(estimated by those well informed in the trade at not over
600,000 bbl. ) are quite arm, end the market has shown an
upward tendency. The stook of Canadian is prcrubly about
50,000 bbls. flour end 200,000 bushels wheat. The export
trade is confined almost entirely to that description, the
soles of which have been chiefly at 4 dole. 681 c. to 4 d015.75c.
in bond, for the good, and 4 doh. 620. for medium grades
of flour—and 106 c. to 1092. in bond, ter the best samples of
wheat.
The receipts at tide water from the Brie Canal from the
commencement 01 navigation in the spring to the 7th
December in each year, has been as follows :
Flour, END. Wheat, bush. Corn, bush.
1848 3,116,25S 3,0411,161 2,691,3719
1649 3,269,933 2,706,0116 3,060,563
IMO 3,2714997 3,634,343 3,2.3,3;6
The exports to Great Britain and Ireland from this port
for the fortnight ending on the 13th instant coasiated of
19.476 bbli lime and 94,071 bush. wheat to Liverpool,
4,669 bbls. flour and 160 Ibis. cora meal to London, 9,751
bbls. float to Glasgow, and 212 bble. flour to Bristol. •
FRZIOILTB.—The rates for the week past have been at
Ir. 3d. to Is. 41d. per bbl. on flour, and 4d. to 41d. per bush.
on corn and wheat, to Liverpool. Te London, Is. 6J. on
flour.

FLorra.—For a day or two put UP.. not been easy to
purchase at the lowest quotations. The market having an
upward tendency, and holders preparing to store, the sup-
plies afloat are now quite small. The closing rates at
4 dole. 75c. to 4 doll. Bile for common and straight State ;
4 dole. 811 e. to 4 dole. 871 c. for mixed and straight Michi-
gan; 4 dole. 94c. to 5 dolt. for Ohio; 6 dolt. to 6 dole. 121 c.
for pare Genesee; No. 2 stiperfiae, according to quality,
ranges from 4 dole. to 4 dole. 44c. Sour is scarce, and held
at 4 dole. to 4 dole. 26c. Southern is held at 5 dolt. to
6 dole. 121 c. for Baltimore, Georgetown, Brandywine, &c.
Rye flour sells at 3 dole. 371 c. to 3 dole. 44e. Corn meal
3 dole. to 3 dole. Gc. for Jersey, and 3 dole. 25c. for Brandy-
wine.
Gamic —Canadian wheat is in few bands, and good
samples find ready buyers at 106 e. to 109 c. in bond for
export: for domestic use the Genesee of a good quality is
selling at 1200. Rye is in small stock with sales at 77c.
Barley has declined, and is now dull at M. to 904. O Ole are
in demand at 42c. to 44e. for Jersey, and 467. to 47c. for
northern. Indian corn of the new crop, from the south,
arrives sparisgly, and sells at 65c. to 661 e. for home use;
new northern, 66c. ; the old from store is held at 69c. to 70c.
Naw Outaaru, Ditc. 15.
The sales of cotton yesterday (Saturday) were 1,600 hales,
establishing the decline of 4 since the receipt of the America's
news. The week's sales have been 14,000 bales; middling
is quoted at 121 to 121 c.