The Sun.
London, England, 1852-12-18 00:00:00

tbirb iabitto

SUN OFFICE, Six o'clock.

THE AIINISTRY

Nothing is known with certainty as to the arrange-
ments consequent on the resignation of Ministers.
Lord Derby went to Osborne yesterday, and to-day
a messenger arrived from him, bringing a letter,
which the messenger had orders to deliver into
the hands of the person to whom it was ad-
dressed, and not to tell any one with
whom he had communicated. A meeting of
the Members of the Derby Cabinet was held in
Downing-street at three o'clock, to receive any in-
structions their chief might send, and himself on
his return.

Lord John Russell and Lord Aberdeen were
walking together in the Park for some time this
afternoon ; and Sir James Graham was sees about
the same time.

It is understood that Lord Aberdeen and Lord
John Russell have agreed to serve with, or under
each other, and that a perfect understanding pre-
vails between them. •

Lord AVerdon visited Lord Lansdowne this day,

FRANCE.

It Is stated that no modifications of an important
kind have been, or will be, made by the Emperor in
the project of the Senatus Consultum on the reform
of the Constitution. The clauses on which the de-
liberations of the Commission especially turned are
the 3d, 4th, and sth. In the 3d Article no change
has been, it is believed, consented to. It gives to
the `Emperor the right of modifying the tariffs
of the commercial treaties. The 4th Article, giving
the right of concession of all -public works, and
stipulating that the Legislative Corps shall not vote
the credits until after the concessions, has, I am in-
formed, been remodelled so far that the Emperor
has still the right of indicating the parties to whom
the concession shall be granted, but is to submit the
amount of credits to the Legislative Corps previous
to the commencement of the works. The 12th
clause is to be maintained entire, with the excep-
tion, however that the Legislative Corps shall,
during the discussion, but not in the vote, ex-
amine the various ministerial services chapter by
chapter, and not ministry by ministry. If this in-
formation be correct, as we are assured it is, the
Emperor will still remain invested with powers of
the most extensive kind ; and the modifications the
project has received are rather imaginary than real.
It is rumoured that the Senate will be convoked
to-day (Saturday), for the purpose of voting the
consult/um definitively. M. Troplong is charged
with presenting the report in the name of the Com-
mission.

Marshal de Castelane arrived in Paris on Thurs.
day, from Lyons, and will no doubt take his seai
in the Senate at its next meeting.

STATE OF TRADE.

(From the Manchester Guardian of this day.)
MANCIIESTER, DEC. 17. This clay week we had
to report something like a panic among the holders
of cotton in Liverpool, arising from increasingly
favourable estimates as to the supply, and occasion-
ing a further decline from the quotations of the pre-
vious Friday, of not more than id. to ad. per lb. upon
Americans generally, and Id. to 4d. upon Surats ; whilst
a similar feeling in our market, produced an almost
equal effect in the department of yarns, but not so great
in that of goods. On Saturday, there were indications
of a stoppage in this downward course ; and as the
transatalantic advices, received two days afterwards,
exhibited not only a less decline on the other side than
had been looked for, but a tendency to steadiness, with
a little return of business, on the last day, the steadying
process both here and in Liverpool became more marked
on Monday and Tuesday, and, on the whole, has been
fully as manifest yesterday and to-day.
BRADFORD, DEC. 16.—W00l : There is nothing worthy
of comment since last week. Wools of all kinds are too
dear for the spinners to buy freely. Noils and brokes
are scarce and dearer. Yarns : There is no disposition
to sell except for present delivery. There is less offer-
ing by the commission houses, from the fact that Devon-
shire tops, from which job yarns are usually made, are
so advanced that there is not a fraction of margin
between the cost of tops and the price which this
class of yarns has heretofore commanded. Pieces :
From the near approach of Christmas, merchants
do not buy freely ; yet, notwithstanding the difficulty to
sell goods, yarns continue to advance, and higher prices
are impeititive in order to cover cost.—Bradford Ob-
server.

NOTTINGHAM, DEC. 16.—There is not any inquiry for
goods for home consumption of any description, and
the Americans have nearly completed their purchases,
so that what few goods are now changing hands are
generally at a sacrifice ; indeed, those who can now buy
goods, in expectation of a demand for them a month or
two hence, expect to obtain an equivalent, or something
more for their outlay : our advice is therefore to those
who can hold on a little longer, to do so, and not to
make any sacrifice upon their stocks. The hosiery trade
still continues to be pursued without any complaint, and
hands in all branches of it seemed to be well employed.
The reduction that has taken place in the price of raw
cotton in Liverpool has not yet had any effect on the
price of yarn in this market, but the utmost reduction
yet quoted would not make more than 6d. per 101 b.
bundle.—Nottingliam, Journal.
LEICESTER, Dec. 16.—Though orders in the manufac-
turers' hands are nearly completed, there is less slack-
ness in the general demand at this period than we have
known for years past ; the consequence of this is that
the operatives are generally well employed. Many hosiers
have turned their machinery on cotton hose some time
past, for which orders are in the market for delivery
in the coming year. These yarns have experienced a
considerable rise, and notwithstanding the reaction in the
Liverpool and Manchester markets, prices remain firm
and the demand exceeds the supply in useful numbers,
particularly in blue greys. But little doing in worsted
yarns ' • the hosiers are engaged in working down stocks
before Christmas stock-taking. Prices are firm, and if
wools keep their upward tendency, of which there seems
every probability, a further advance may be expected, as
they are not equal to the present value of sorts and skin
wool.—Leicester Journal.