The Sun.
London, England, 1855-06-07 00:00:00

STATE OF TRADE.

( From the Manchester Guardian of yesterday.)

MANCHESTER, June s.—The Asia brings advices of a
further rise in the price of cotton (say to le. per lb,) in
all the American markets. Spinners, speculators, and
exporters were operating freely. This intelligence
is fuel added to the fire. The eager'speculators at
Liverpool added fully /d. per lb. yesterday to the
quotations of Friday, and that advance is fully sustained.
We may state broadly that spinners have demanded Id.
gd. and even id. per lb. more for yarns than they did on
this day week, and have, besides, shown greater
indifference about selling at all. The makers of
goods are hastening in the wake of spinners, as
fast as they can. A considerable advance is required
to-day. On the other hand it, is quite evident that buy-
ers are paralysed. The foreign merchants compare
prices here with those which are obtainable in their
several markets, and they dare not operate. As for the
home consumers of yarns, the manufacturers, they
do not know how to act in their capacity of buyers.
Thus matters stand : spinners sanguine, and indifferent
about selling at advances which average, we may say,
lid. to 2d. per lb. (nearly 2d.) in the medium and lower
counts of yarns since the first week in March; manufac-
turers firm, but not equally sanguine, at advances vary-
ing from id. to 11d. per lb. in the same time ; while the
buyers, perplexed, dare not attempt to operate, except
in a small way for the supply of immediate wants.
ROCHDALE, June 4.—We have had a steady market
for flannels, and the manufacturers are asking better
prices. The wool market has not undergone much change
since last week, but the demand is tolerably good and
prices firm.
HALIFAX, June 2.—The business in our piece-hall to-
day has been as languid as usual, and the sales of goods,
of any description, very limited. Yarns and wools have
undergone no change.
HUDDERSFIELD, JUNE s.—The market has been very
quiet to-day. The wool merchants have been busier
d uring the past,week than for some time previously.

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