The Sun.
London, England, 1855-03-07 00:00:00

STATE OF TRADE.

MANCHESTER, March 6.—The market both in yarn
and cloth has shown an improvement, and but for the
considerable advance in the raw material at Liverpool,
which is fully id. per lb., the result of the better feeling
manifested in all circles would probably have been much
more apparent. The business has not been large, and
what there has been is not so much the result of more
confidence in the future, perhaps, as of the policy which
always drives buyers, who have been keeping back their
orders in hopes of mere favourable opportunities, to
throw them upon the market immediately there is a
symptom of prices having turned their lowest limit for
the time being. Spinners have not, in general, been
able to keep pace in price with the cotton market ;
the advance in general has not been more than Id.
per lb. in yarn, and even that has tended to check
business. The change, however, is one for good, if
only in checking the downward tendency. Buy-
ers were offering as much as id. and even -la. per
lb. reduction last week, and the advance of only Id.,
therefore, shows a considerable change in feeling. Pro-
bably, in 20's water-twist, and in 40in. shirtings the
advantage is a little greater to the seller, but these are
exceptional cases, because they aro classes of goods ex-
traordinarily depressed and unsaleable. The advantage
in the cloth-market to day has been rather less than in
the yarn ; there has been more inquiry, and buyers
have given prices which they were not willing to pay
last week, but in few cases has an advance been reported.
Most people regard the slight improvement, such as it
is, as only a transient gleam of sunshine.
LEEDs, March 6.—The cloth-markets to-day have
been of much the same character as those of Saturday
last. All parties operate cautiously, but the hopes of
peace which have been excited by the death of Nicholas
of Russia led to an anticipation that there will soon be
an improvement in trade, and hence the markets have
been a little more animated than on this day se'naight.

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