The Sun.
London, England, 1855-01-31 00:00:00

STATE OF TRADZ.

MANcriEsTER, Jan. 30. The defeat of the Ministry
by so large a majority last night was learnt here this
morning with a feeling approaching to consternation.
It was thought not unlikely they would be in a mino-
rity, but so large a majority against them was never
contemplated. The effect on the market Las not been
so great, however, as might be expected. Business was
already at a low ebb, and it would have required a
heavy blow indeed to damage it much. The cloth-mar.
ket has undoubtedly been ♦ery flat, and the complaints
of manufacturers are general, most of them inclining to
the opinion that with the present rate of over-produc-
tion prices can only be maintained, and a better tone
established in the market, by a resort to short time.
The cloths in best demand, though all are much ne•
glected, are domestics (for which the present is usually
one of the best seasons of the year), longcloths, T-oloths,,
and low printers. Longcloths are, however, produced
i❑ excess of the demand, and prices are not le well sus.
tained in these as in other fabrics.

The yarn-market has been less depressed than that
for cloth, and in some quarters a moderate business is
reported, without change of price.
Messrs. Slagg and Co. report of the cloth market :
"The accounts to hand on Saturday last from India of
the depressed state and gloomy prospects of the markets
for Manchester goods have caused buyers for that quarter
to keep aloof from the market, and it is only at a con-
siderable reduction on our quotations that they can be
induced to operate. In other respects there is little
change to notice in our market. The Greeks still con-
tinue to buy lengcloths, T-oloths, and low printers, and
prices are well maintained ; and, except as regard* India
goods, there is generally a more cheerful feeling in tie
market, without any actual increase of business."
Messrs. G. Fraser, Son, and Co. say—
" There is an inanimate market, but little business
doing. Without any very marked alteration in prices,
the tendency is in favour of the buyer."

FUNERAL OF A PENINSULAR VETERAN.—Errixtr,
Jan. 27.—The remains of Serjeant-Major Harvey, of the
Essex Yeomanry Cavalry, and formerly a serjeant is the
15th Hussars, were interred this day in Epping church-
yard, with military honours, by the commanding officer
and a very full attendance of his late comrades, who
were anxious to pay this last mark of respect to the
memory of the good veteran. Serjeant Harvey was
one of the first members who joined the Essex Yeomanry
Cavalry when it was raised, in 1830, at the especial
request of the late Lord Melbourne, at that time Seer&
tau of State for the Home Department ; and when
it was reduced, or attempted to be reduced, by his
successor in office, Lord John Russell, in 1838, in
Robert Peel, Lord Harding() (at that time dot of office),
consequence of the suggestions of the late Sir
and the principal Ordnance officers at -Waltham Abbey,
the members of the corps were induced to offer their gra-
tuitous services to her Majesty and the country. Ser-
jeant Harvey was one of the first to Volunteer his gra-
tuitous services, and, so long as his health and strength
.
permitted it he was never absent from any muster of
the corps. Serjeant Harvey was attached to the rear-
guard of Sir John Moore's army in the retreat to
Corunna,and gained the respect of his colonel, Sir Joseph
Thackwell, for his gallantry, judgment, and discretion.
He frequently mentioned a circumstance, from his ex-
perience upon that occasion, which may be of importance
to be better known—and that was, amongst all the dis-
asters of that retreat, when so many of the men and
horses perished, "that the mares generally survived the
geldings, and of those that reached Corunna there were
scarcely any
but mares."