The Express.
London, England, 1868-07-20 00:00:00

MARKETS

COTTON.—Lirinirom.,- JULY 13..—Eirtimated sales to-day,
8,040 bales, including 4000 speculation sad export. 4300
American, 9d. to 11EL ; 600 Perm, kc., I%d. to Ilid. ; 20
Santee, lld. • 900 Maack) and Bahia, 10d. to 104 d. ; 30 Maranliam,
11d. ; 200 Egyptian, 11{d. to 16d. ; 60 Smyrna, did. to 9d.; 300
Peru, 10d. to 111 d. ; 2,600 Burst, 7d. to 9ed.

COTTON 000 DEL —Ms scraurree, JOLT lit—The prolonged
inactivity which has pprnevailed in the yarn and cloth market un-
derwent no modiEritim up to yesterday. During the whole of
the week previously spinners and manufacturers resisted with
more of Is persistence the attempts of buyers to still further re-
duce prices, !already aulffoiently inadapurtt and ruinous. Inthis
the considerable amount of business at full pries recorded is cot-
ton frani_day to day at LiverpooL gave them encouragement, if
not iM • • .nian. Duras, however, both for home and foreign
demand, were quite as pailoactousin ma only extremely low
offers, which had been as often rejected. were found with
sufficient anxiety to realise to induce them to make some con-
cession, so that business did not wholly collapse, though It was on
an extremely mall scale. Yesterday, the premise of stocks at
mbrought the only solution which seemed probable. Many
length
feholders of stocks gave way, and accepted the low offers
which they had hitherto so steadfeetly raised, and yesterday and
this meng there ban been a very perceptible isms of hen-
nas. Holders do not by any means universally succumb,
the large stocks of shirting have led to some sonsiderablteh=
of thew, particularly in glib, filit-irsch. Buds= has been
done fe thew at • decline of ad. per pine on Tireaday's
rates. For 71b. and lighter maks there has been a good deal
of iorgery, without leading to much business. Wide @hidings
are steadier in value, because there are unfinished contracts.
Other India f ucli as jaceoheta and muffs, have been in
more request. Prin Moths se stiltelow etsale at easier prices.
Beams cloths, such as T clods, lon*mettia, and domestics are
eerier in price, and difficult eagle. to the Levant are
asking low offers, which have not yet I to much buciase. The
tone of the market is still discouragiag, end a telegram fres Cal-
cutta on the lath hail reports Shines at • decline of 111, pea
piece, with little taisinssadoing. 14uperg yarns of low num-
bers the business is Maadiester sad So-day has been
flat, with easier • and water for L 66 mintiest can only
be sold at a decline en the rater disaanded. Boma business has
been offered to a fair amount for China in water twist, but the
pries were too low for et. At Blackburn on Wednesday
yens wee Id. to id. per lb. lower, and a decline of corresponding
extent has taken place here. Forties sale twist is dull, and easier
to purchase. Pine yarns are steady in value but not in much re-
quest. At fel. per lb. decline the sale of yarns has not been much,
if at all aankasted.

WOOL—Doeremerza, JULY 18.—The wool trade bare is tar the
present tittle mars than nontinal, and the market now wears a
very quiet ampere. The drains have either got fully supplied, or
have Tilt ours for marketa further south, and the farmers them-
selves are pretty well sold out. There were only about 190 sheets
on refer to-day, bat these, however, sold readily at the full quo-
tations of last week—Ml host domes radioed from Ws. to The.
psr stone of lei lbs. ; two-thirds bag, SM. to tin, 6d. per shine;
hell ewe sad bag, Ifs. to SOL per Mane ; ewe and wither,
lea.ed.to 17a. ed. per stone.

WOOL AND WOBEITED.—Bas omen, JULY s.B—Thera has
been an Improved tone pervading the wool market during the
later part of the week, though genera/1y apealdng there ie hardly
any appreciable improvement in business The preemie of a
y of wool in the market arras to be km felt tibias k
wee. generally have more esoldenee ni prime, and are
tostasquently exceedingly arm in their qtmtabuok whiskgirder than they were, and in some instanoes a whisk su ate
gar.
The wonted yarn trade ceetintee very quiet. The shipping
merchants are dainiasnext to nothing. flu deemed ter two-NM
sad diminished in • marked degree. Those ie
ars for Russia. The home trade is by tar
*alma. But the trade op the whole is very dull. Lustre wefts
cetuairad full rates, but quotations generally have a drooping
ter,derg7. The
_ idece trade styropethlste enisslembly with the
earn trade. Both borne and foreign merchants have reduced
ikeie operations to the lowest point. Continental msrehantt
byre gland few alders. The husinem doing for France 111 snub
reduced. The American hones still show great Legoor, and
y their rehhirt by buying only a few lota from wwiek for im-
mediate shipment. The hat. le merrhanta are not doing an inn,
age amount of beeriness. Manufacturers continue pretty ',A engaged on contracts received some time ago. l'no,s hate aciflening tendency.

LACE AND HOElMY.—NurraxoNAli JILT 18.—Thne ha
bus a Eood dca• tint aik Lai; dur:ne the kin