The Sun.
London, England, 1864-06-08 00:00:00

STATE OF TRADE,

MANcnEsTEn, June 7.—Except for shipping yarns we
have had a Very quiet and depressed market. There has
been rather more inquiry for shipping yarns, with a fair
business for all the leading markets except those of India.
For India there is nothing doing. For China, Russia, and
the markets of the Mediterranean there has been a strong
inquiry, and some rather considerable orders have been
placed at full prices. For home trade yarns we have had a
very quiet market. Nominally there is no change in prices,
but in cases where spinners are coming out of orders they
show a disposition to meet buyers on more favourable terms.
The business done in this class of yarns has been very
small, and prices are drooping. The depression in the cloth
market is quite as great as last week, and, if anything,
more intense, This is partly owing to unfavourable ad-
vices from India, partly to the feeling excited by the
American news, and partly to the uncertainty attending

ho Conferences on the Dane-Germanic affairs. Manu•

facturers hold to last quotations nominally, but buyers aro
quite indisposed to operate on such terms, and if any con-
siderable business had to be done very much lower prices
would have to be accepted. In reality little or no business
has been done for export. In the home trade houses stocks
are known to be a good deal exhausted, but buyers seem
afraid of replenishing them at present prices. The principal
business doing, however, is in the home trade, but orders are
vary limited, and almost of a retail character. Messrs. John
Slagg and Co. report of this day's cloth-market :
"We have still an inactive market. Manufacturers are
perhaps mere disposed to accept lower prices in cases
where stocks are beginning to accumulate, but the business
of the day has been too small to admit of any alteration in
our quotations."
LEEDS, 7th.—The cloth-halls have been tolerably well
attended by buyers this morning, and in goods for the
approaching season and in plain black cloths and unions a
fair amount of business has been done. The great bulk of
transactions, however, continues to take place between
manufacturers and merchants by order or by sales out of
the markets, so that the business done in the halls during
market time is not a perfect criterion of the state of trade.
Generally speaking the woollen trade, both here and in the
surrounding districts is in a sound and prosperous condi-
tion, and the supply in not in excess of the demand. Both
the home and export houses are purchasing heavy goods,
among which may be mentioned pilots, witneys, plushes'
velvets, &c. The manufacturers and dressers are well earl
ployed, several in the district working overtime. The ten-
dency of prices for new goods is upwards, and all cases
the rates of last month are fully maintained.
NOTTINGHAM, 7th.—There was a moderate attendance at
this Exchange-hall to-day, and the demand for lace yarns
was slow, but prices remained firm. Hosiery yarns realised
previous rates. Silks not materially altered. For brown nets
the demand was slow, but prices had a tendency to stiffen.
ROCHDALE, 6th,—There was not a very large attendance
of flannel buyers at market to-day, but a satisfactory amount
of business was done at late prices. Both heavy and light
goods are in fair request, and manufacturers are well em-
ployed on orders, so that the supply in the market is not
very abundant, Yorkshire goods sell freely, and late prices
are well supported. Long wools aee not so firm in price as
they were, but dealers are stiff in their demands, urging
that they cannot lower their quotations owing to the high
prices demanded by the growers.

ALUM BAY.—A. new and extensive hotel is
building at Alma Bay, one of the most beautiful parts of
the Isle of Wight,