The Sun.
London, England, 1859-04-26 00:00:00

THE TALLOW TRADE.

Messrs. Smith and Charles having issued the
annexed important circular with respect to the
tallow trade under the date of April 25. They
say :

Saturday having been a holiday in the tallow
market, the effect on the market of the news from
Vienna, received on Thursday evening, was not
known till to-day. It was felt this morning that
the natural effect of war in countries (such as Aus-
tria and France) which are consumers, not pro-
ducers, of tallow, should be to leave more of the
production of the world for the consumers of this
country, and it is consequently the opinion of many
parties that we out rather to have seen a decline in
prices than an advance under present circumstances.
IVe have to report, however, that the price of tal-
low, at one period, advanced to-day ls. to Is. 6d.
per cwt., and this advance was without a ques-
tion the result of the anticipations of the trade
that political affairs will not leave this coun-
try long in present circumstances. It is to be
recollected that in the absence of Parliamen-
tary control the fate of the country is very
much in the hands of the Ministry of the day,
and one naturally seeks for information as to
his views, in the circumstances which are now
transpiring, nor need we look far. On Monday
evening Lord Derby spoke thus (discussing the
probability of the neutrality of this country)—' So
long as it may last,' he said, it must be an armed
neutrality, enabling us to take our part on that
side which the honour and dignity of our country
may indicate as best deserving our support;' and
further, he continued—' God grant we may be
spared the necessity of entering so dangerous a
path.' This language, commented upon as it is
to-day by the report in the daily journals that
every British station in the Mediterranean is being
strengthened, naturally affects the minds of holders
of goods, and we must expect very considerable
fluctuations in our article ; already, to-day, the
market has fluctuated nearly ls. per cwt. ; opening
with hardly a seller, 58s. was soon paid for delivery
in October to December, and 575. for June. - Later
in the day, however, there was less firmness, and
the market closed—Spot, 565. 665. 9d. ; June, 565.
6d. ; July to September, 578. ; October to Decem-
ber, 575. 6d. ' • palm oil, 455. ; cocoa-nut oil (Cochin),
428. ; ditto Ceylon, 41s. ; town tallow, 565. net
cash; no Australian or South American offering;
no Odessa in the market."

COUNTRY MARKETS.

ROCHESTER-APRIL 23.

- ---- ---
The unfavourable news received from the Continent,
which will doubtless have the effect of checking imports of
grain into this country, has been the means of giving more
firmness to the corn trade, and prices are steady, at fully Is
per qr. White, good, sold from 44s to 48s ; inferior, 42s to
445. Red wheats realised 39s to 435. Foreign in demand,
prime lots fetching is to 2s more money. Barley was by
no means an active sale, and prices nominally unaltered.
Oats steady. Beans and peas quiet, prices, if anything,
ruling the turn lower.

LEICESTER-APRIL 23.

We had fair supplies of all descriptions of grain to-day,
and wheat met a good sale at 18 to 2s per qr. over previous
rates. Oats is higher. Not much barley on offer, and
superior qualities unchanged in value. Very little doing
in beans, but prices is higher.
Wheat ...40s to 46s Oats.... 3os to 34s
White do .44s to 50s Beans ..448 to 468
Barley .38s to 42s Ditto, old ........46s to 48s
Fine flour, 30s I Seconds, 28s I Thirds, 26s per sack.