The Express.
London, England, 1861-07-22 00:00:00

MARKETS.

TALLOW.
(From the Circular of Mews. Culverwell, Brooks, and Co.,
dated Friday Evening.)
There has been no very important change in the general
character of the tallow market during the past week ; she
tendency to Increamd ease in prices, noticed in our last
report, having been, with occasional alight interruptions, it.
leading feature ; and although a very fair amount of bud
oar has been tranuoted of a purely speculative nature, awl
also with the trade, who have bought rather freely for
future delivery, the demand in general has not been suffi-
cient hitherto to cause any material re-action and up to
yesterday evening priors showedja decline in most positions
of about la. per cwt. in Y.C. tallow. The future
of the market still depends chiefly on the course
the Russian monopolist. may adopt, and much general
anxiety Is of course felt upon this subject. It is currently
reported that, at present, they are neither buying nor sell-
ing, but it cannot be concealed that large quantities of tallow
hitherto supposed to have been held for Russian account,
are now accessible in the open market at extremely fluids-
rate rates. We do not connect the present fall in prices
with any special tactics of the monopolists or other parties
interested in the market, but we regard it an an approach
toe natural adjustment of the relations of supply and de-
mand, the former being much in exce‘s of the latter ; the
only disturbing influence likely to affect the adjustment in
question being for the time withheld though not entirely
removed. That this illalllloo4l will again be brought to beer
upon the market is the belief of the majority, nod nearly
all the forward purchases are now made under this impres-
sion. The greatest uncertainty, however, prevails on this
question, even with the best informed, and it is not improbable
that this uncertainty is shared even by the Russians them-
selves, the course of events having been lately of a character
seriously to perplex them.
The market to-day has been unsettled, and speculative
transactions have been very limited. 48s. 13d. per own. is
the general quotation for new Y.C. in most positions. The
sale by auction reported below, of old (1860) Y.C. at re-
duced prices, had some influence in checking operations.
The arrivals for the week ending the 18th instant were
1,441 casks ; deliveries, 1,970 cask/ ; stock, 55,969 casks,
being a decrease of 529 casks.
Town tallow has shared in the general depression of the
market, and the result has been shown in en increased dis-
count allowed to purchasers, but there has been a very fair
demand. This ending there is no alteration, the "Letter
price" being flOs., &L, or 48e. per cwt. net cash. Fas 2s. 7d.
per stone of 811 e.
The results of to-day's public sales are given below. The
=y of tallow and palm oil being large led to some con-
hie reduction in prime.
Y.C.-435 auks of 1860 brack were offered, and 740 casks
were disposed of at 475. to 475. &L per cwt. The quality
was mostly very fair.
Odessa has not been in much demand, nor has much been
t forward. Eight casks of fair beef were offered to-
dbraoArtit nut being competed for, they were taken in, no price
being named.
South American.-The business done during the week
has not teen extensive, holden in many instances refusing
to sell at the reduced quotations. The principal sales lately
have been of the mixed greasy descriptions. large parcels of
which have been disposed of. 225 casks and 52 boxes were
offered to-day. 495. was obtained for a few pipes of good
rty ; but there was little or no competition, except for
descriptions, which brought 4•25. 9d. to 44a., the
wholell maks) finding buyers. The boxes (of middling)
quality) were all sold at 425, id. for dark to 44e., 44e. 6d.
and 455. for fair colour ; in all, 184 packages were dis-
posed of.
Australian has sot been much noticed, but a few panels
of middling quality bays been taken at rather low figures
during the week ' • of 417 casks brought forward, 224 casks
found buyers. A parcel of fine mutton went at 48e. Gd. to
49e., second quality at 46e. to 475. Beef of fair description
at 45e., one lot at 455. 3d., better sorts being held at 455. lid.
For good sound mixed 45r. 6d. was obtained ; lower sorts
were parted with at 445. 61 for tair, down to 38s. and 36a.
per cwt. for very dark and greasy descriptions.
East India.-A Rene!, 80 cases of middling quality was
offered, and takes snot 475. per cwt. ; 465. being bid.
North American.-43 casks were submitted, of which 13
casks were sold at 46e. to 465. 3d., quality very fair, the
best were bought in (fine pale tallow) at 475. to 475. id.
per cwt.
Coon Nut Oil.-During the week some excitement has
been experienced in the market. The recent depression in
prices oar the Continent having been artificially produced,
was quickly followed by a great (but we believe temporary)
re-action, and a rapid advance la prior was the result,
44a. did. being obtained for Ceylon, and 45a. 6d. to 46e. for
Cochin, a considerable amount of business being transacted
at the advance. To-day these prices were not maintained,
line Cochin being sold at 445. 6d. to 45e.., and good to floe
Ceylon at 435. to 44e. per cwt. 9 casks of middling
Sydneye. werel bought
casl ia at31431=
offered,Ceylon 27 cask. Col:
sold.

Palm Oil.—A good business has been done during the
week. and prices upon the whole have hem maintained for
the limed descriptions, but the quantity on the market is
limp, sad ID some instances good qualities have been pealed
till at reduced rates. 860 casks were offered to-day, the
competition was but moderate, and 220 casks were disposed
et. Good to fine Lance, brought 42a. 6d. to 445. 6d., hoary
tans is usual commanding the highest prices ; fair quality
(Whyddah) sold at 43e., and lower aorta at 40s. lid. to
41e. 3d. per cwt,
Palm Nut Oil.—Of 90 casks offered to-day, 66 casks were
sold, fine quality at 375. ; good, .4,a. to 38e. 6d. ; and dark
and drew descriptions, 345. to 335. 3d. per cwt.
South American Horse 01011110.-200 cases were offered,
but there was oo domed, and they were bought in at 38s.
par cwt.

TALLOW.—SATtraDAT Armusoox.—Tbe market is
quiet. Subjoined are tie alas* priess
' ,:—Spot, Dew,
465. 6d.; cad, 47e. ; September, 465. &L • October to De-
cember, 48s. 6d.; separate mmtbs. 49e. Deliveries to but
evening, 1,254 casks ; arrivals, 1,364 casks.

007TON.—LivstrooL, Jvz.T 20.—The burinwo is again
largo, with very fit Alls. The sales are 16,000
noludift 1,450 61d. to ; 3000 .ant, sd.
to 7d. • 1100 Egyptian. to 11d. ; 50 Bakia, 9d. ; 300
Manadiaaty., of 6,000 are foe apoonleites and
expo& week's kiwi 110,907 bass.