The Sun.
London, England, 1871-02-01 00:00:00

MARKETS.

METROPOLITAN MEAT MARKET, TUESDAY.-The market
to-day was moderately supplied with meat. The demand was
quiet, and the value of beef was rather weak. Beef, from Is. 4d.
to ss. 2d.; mutton, 3s. 4d. to ss. 2d.; veal, ss. 6d. to 65.; and
pork, 3s. to ss. per 81bs. by the carcase.
METROPOLITAN HAY AND STRAW MARKET, TIIES-
DAL-There were fair average supplies on offer at to-day's
market, which were purchased quietly, at about previous curren-
cies. Prime meadow hay, 130 s. to 140 s. ; inferior ditto, 110 s. to
120 s. ; prime fresh-cut clover, 1355. to 1475. ; inferior ditto,
1155. to 1255. ; prime second-cut clover, 1265. to 1355.; in-
ferior ditto. 105 s. to 1155..; and straw, 30s. to 40s. per load.
COLONIAL AND FOREIGN PRODUCE MARKET, MS-
DAY.-Sugar : A steady inquiry prevails for refined goods, at an
improvement of 6d. to is. on last week's rates for loaves. Raw
sugars are very dull. Madras (Aska) strong brown Cheenie, 4s.
duty, sold at 28s. Od. ; Demerara crystalised at 375. 6d. to :38s.
per cwt. Cocoa is in more demand, and prices are rather firmer.
Trinidad, common to middling, 51s. 6d. to 635. ; good
middling to good, 695. to 745. 6d: ; good to fine,
78s. 6d. to 88s. 6d. ; superior, 118 s. to 120 s. Tea :
There is a fair demand apparent, and prices are slightly
improved. Coffee continues active, and prices are again ad-
vanced. Cotton ; There is very little doing, and values are
scarcely sustained. Oils : Linseed remains flat, at 30s. to 30s. 3d.
London, 295. 6d. Hull spot, 295. 9d. month, 30s. 9d. first four.
Rape is not so firm. English brown 465. 9d. to 475. spot. Cocoa-
nut and palm dull. Tallow : The market is again firm. 455. 95.
spot, 455. 9d. June-March, 465. March, 465. 6d. to 465. 9d. last
three months. Metals ; The market is firmer. Straits £132
buyers. Copper firm, at £74 cash for Wallaroo.
MANCHESTER TRADE REPORT, TUESDAY.-The tameness
of the cotton market has neutralized the effects of the armis-
tice between France and Germany, and caused some disappoint-
ment to sellers, who advanced their quotations on the
news of the capitulation of Paris ; but buyers have
not responded to the upward movement, being
satisfied that no advance of importance could be
other than temporary, so long as the receipts of cotton at the
American ports continue so large. The business has conse-
quently been on a very limited scale, and many producers are
less exacting at the close, being willing to sell at the full rates
current last Friday, No large transactions in shipping yarns
have been heard of, which nominally shew an advance onFri day's
rates ; and this restrains buyers for the moment from entering
into fresh contracts. For home trade yarns the demand
is only moderate. The business done in cloth has likewise
been unimportant, makers of shillings being well engaged
are more indifferent about selling unless at a slight
advance, which buyers refuse to give. Printing cloths
are quiet, but the demand is sufficient to keep
down stocks. Heavy goods shew little improvement in demand,
and none in price. Quotations of the day are purely nominal,
but the prices being paid are the same as last Friday. The
market closed quiet, and producers did not hold out for the
extreme rates quoted.
LEEDS TRADE REPORT, TUESDAY.-The Cloth Halls have
been moderately attended, but no buyers of importance from a
distance were present. The principal buyers were the Leeds,
Huddersfield, and Bradford houses, and they purchased largely,
as on Saturday. of hair lists, at about 4s. per yard. A sprinkling
of meltons, for light overcoatings and ladies' dresses, at from
is. 85. to 25., were sold. Tweeds realised wretched prices,
but there were makers anxious to sell. Coatings were
quiet, and thick goods sell slowly, holders being anxious to clear
out remaining stocks. Throughout the trade there is to some
extent stagnation, because of the uncertainty as to the course of
events on the Continent. Some of the adjacent manufacturing
villages are well employed, while others are quiet. The manu-
facturers who have orders in hand for the French army are push-
ing them forward with great energy, lest they should be
counteiananded. Some of them them have orders for Blue
Presidents and Naps until the end of February. All the iron-
works in this district are fully employed, and some of them have
opened out extensions in anticipation of a good year's trade.
The steel trade of Leeds is in a most flourishing state.
CLEVELAND IRON TRADE REPORT, TUESDAY.-There
was a very good attendance at the weekly iron market to-day,
and prices owing to the probable termination of the war, have a
decided upward tendency Good marketable brands may be
quoted at 475. ; other numbers in proportion. Inquiries from
all sources were never more numerous, shewing that local
consumers have used up their stocks to the lowest possible
minimum. There are anticipations of still further reduction in
prices ; but I,eing now afraid of overstanding their market they
are purchasing freely. When the returns for the month are
published stocks are expected to shew a large • increase ; but
this is not likely to affect prices, as the surplus will be cleared
off as soon as the spring shipments begin. The rail trade exhibits
a slight improvement, sharing in the improved condition of the
trade generally. Ship plates continue in good demand, owing
to the stoppage of the Scotch mills.
HULL CATTLE MARKET, TUEsDAY.-At this market to-day
there was a moderate supply of lean stock, for which there was
a slow trade at last week's rates. Sheep were in poor supply,
with no demand. Rxcellent show of pigs, with more than an
average number of purchasers. Large pigs at from 7s. to 7s. 3d.
per stone. Small ones in large demand, and sold at a slight
advance per head.
NEWCASTLE CATTLE MARKET, TUESDAY.-Theo was a
good supply of cattle at this market to-day, but the worst
quality shewn this month. Trade, however, was active, and
last week's prices were fully maintained. Beef, 63. 6d. to 9s. 91.
tier stone. Mutton, 71d. to 9hd. per lb.
LIVERPOOL CORN MARKET, TIIESDAY.-opening Report,

This market opens very strong to-day. Wheat 3d. dearer since
Friday. Flour, large demand, holders asking 2s. persack and
ls. per barrel advance on the quotations of Friday. Maize 2s.
dearer. Closing Report.—There was a fair business done in
wheat at this market to-day, at 2d. to 3d. advance over quota-
tions of last Friday. Flour was ls.' per barrel dearer. Indian
corn quiet, at 365: 9d. Beans and peas firm, at full prices. Cats
and oatmeal no change.
LEEDS CORN MARKET, TUESDAY.—At this market to-day
there is a fair consumptive demand for wheat, at Is. to 2s. per
qr. advance. Fine barley brings Is. per qr. more money, but
secondary qualities are unchanged in value. Oats and beans in
favour of sellers.
HULL CORN MARKET, TUESDAY.—At this market to-day
there was a linaited supply of wheat, which was held for 2s. per
qr. advance. In foreign nothing doing. All other kinds of
spring corn held for, au advance on late rates, but not much
business was done.
NEWCASTLE CORN MARKET, TUESDAY.—At this market
to-day there was a moderate supply of wheat, and the market
was quiet, at Saturday's prices. Factors sought a little
advance, but buyers held back. Flour firm, and grain prices
maintained.
DUBLIN CORN MARKET, TUESDAY. —At this market to-day
Irish wheat was 6d. dearer. Au advance of 6d. was asked for
flour, but it was not realised. Foreign wheat sold for more
money, but little was done. Maize, Is. dearer. No change in
barley. Oats advanced 3d.
LIVERPOOL COTTON MARKET, TUESDAY.—Opening Report.
—The market opened quietly to-day, with a moderate demand.
Probable sales, 12,000 bales. Closing Report.—Sales, 8,000
bales, including 1,000 bales on speculation and export. 'The
continued heavy shipments at the American,ports have depressed
1 the market, and prices are partially -Lsl per lb. lower.
CLYDE CRUSHED SUGAR MARKET, TUESDAY.—This mar
ket was quieter in tone to-day. Very little was done; and late
extreme prices were scarcely obtainable.
GLASGOW PIG IRON, TUEslar.--Market easier at 51s. 7id.
Ms. 7d. cash accepted, buyers later, sellers former quotations.
CORK BUTTER. MARKET, TUESDAY.— Ordinary firsts, 110 s.:
seconds, 1465. ; thirds, 1335. ; fourths, 117 s. ; fifths, 09s, ; sixths,
Gss. 112 firkins in the market. Mild cured, no change.

THE AFRICAN HAPPY VALLEY. - The African
diamond fields are being overdone ; they have become the
seat of an extensive population. A little canvas town
has sprung up on the banks of the Vaal Elver. Stores
have been opened, the rival proprietors of which adverti,e
their wares in a newspaper devoted to the diamond inte-
rest, and printed on the field ; and finally, a music hall
has been started for the amusement of the thousands of
diggers, who with their wives and children are now en-
camped in the " happy valley."
A LONG DISPUTED WILL CAUSE.—A. short time
ago the will of Mr. Hutley, a retired factor, who died
worth £120,000, was disputed in the Probate Court by re-
latives named Grimston. They were successful in upset-
ting the will, which was principally in favour of the testa-
tor's second wife, whom he married when 80. By a subse-
quent snit the marriage was admitted an invalid one, as
the testator at the time of contracting, it was not of
sound mind. In consequence of this decision, a John Grim-
ston became possessed of a large moiety of the £120,000,
and he has died lately. It is now alleged that when
he died he was also insane, and that his brother, Henry
Grimston, who lives iu Australia, and who is heir-at-law,
is entitled to the money. Lord Penzance has been asked
to allow him to try and upset the will of his brother, on
the ground of insanity ; and on it being shewn that a
power of attorney had been granted to an attorney in
England to act for him, Lord Penzance agreed to the
application.