The Sun.
London, England, 1864-03-05 00:00:00

STATE OF TRADE,

MANCHESTER, March 4.—The market for export
yarns is again depressed, with very little business
offering for any quarter. Offers at low prises have
been made, but spinners cannot be brought to make
up their minds to accept them. This branch of the
market closes very flat, with a tendency to lower
prices. In home trade yarns we have also had a
very flat market, and prices show a tendency to a
further decline. The immediate cause is said to be
the feeling of uneasiness arising out of the present
state of European politics ; but at the same time it
may be mentioned that a telegram from Bombay to
the 13th ult. reports that cotton had undergone a
considerable decline. The import market was dull,
but without any noticeable change in prices. The
fear of impending difficulties in connexion with
continental affairs has affected the cloth market quite
as unfavourably as the yarn market. The cases are
few and solitary in which any offers to purchase
have been made, and these only under circumstances
which would necessitate a concession on current and
foreign account, secure
to incline them against en-
tering into any operations of magnitude, and the
business of the day has been of the most trivial chi
racter. As there is no pressure of stock, manufae.
turers aro not disposed to force their goods on the.
market, and we have consequently the same nomi-
nal quotations as on Tuesday, though to effect sales
lower prices would have to be taken. Where there
is any pressure to sell (and there aro always parties
more or less influenced by a desire to realise) both
spinners and manufacturers have to take rather
week.
lower rates than they would have accepted last

BRADFORD, 3a.--S011:10 little tone was given to the
market today by the accounts received from the
Bristol fair, the quotations at which are usually re-
garded as an index at this season of their general
character between this and the time of the clip.
Private messages received report wool as command-
ing high prices. Many Bradford woolataplers are
absent from that market. Very little long wool was
offering, and such as there was was readily bought
at prices in advance of those obtained here. Down
wether wools are rather more plentiful in this
market. There was a fair business done in all kinds
of wool, and prices were rather harder than last
week. The yarn branch did not participate in the
improvement experienced in wool. Spinners were
seeking a trifling advance to cover the higher rates
sought for the raw material ; but, with slight ex-
ceptions, the buyer could do fully as well as last
week. The single yarn trade was rather slacker
than it had been. Some orders for 40's for Russia
were placed ; but the 30's trade was extremely
quiet. The demand fcr twofolds was still active,
and there was considerable inquiry for corded yarns.
In pieces, fancy manufactuiers were generally
Were slack. Prices
werebusy firm.;bat plain goods makers

CARDIFF, 3d.—There is a large business doing in
steam coal, the merchants being full of orders, and
quotations well maintained. Considerable difficulty
is still experienced with the men, and the irregu-
larity with which they work causes many vessels to
be on demurrage. House coal is in active demand,
and the collieries are well employed. The iron-
masters have not received many orders of late, and
prices are hardly Eo firm as was the ease a month
ago. There has been no actual decline in quota-
tions, but unless the spring requirements should be
large it would not be surprising if a fall of from 2s.
6i. to 6s. per ton took place. Preparations are
being mada for laying down several iron ships at
the local shipbuilding yards, and this branch of
trade is likely to become an important one before
long,

NOTTINGHAM, 4th.—There was a fair attendance
of merchants and manufacturers at this Exchange-
hall to-day. A moderate business was done in lace
yarns, and late rates were well supported. The
inquiry for hosiery yarns was slow at late prices.
Silks maintain their value. The demand for brown
nets was limited at unaltered rates,

THE DUKE OF-AIiGYLE is said to have written
the article on Rcnau's "Vie do J 6311157 in the
British Rerim.