The Sun.
London, England, 1864-08-31 00:00:00

STATE OF TRADE.

MANCHESTER, Aug. 30.—The market has been
very firm. A fair business has been done in ship-
ping yarns, but it falls short of what had been an.

ticipated after receipt of the very favourable tele-
grams to hand here yesterday from the East. There
has been a good deal of enquiry for yarns suitable

to India, it is true, but it has not led to much busi-
ness. A little business has been doing for Germany
and also for the markets of the Levant. Although
the market for these yarns is not so brisk as it was
hoped it would be, yet a wrong impression might
be conveyed if it was not stated that it has recovered
a-good deal from the extreme depression felt at the
commencement of last week. The market for home-
trade yarns is also a good deal steadier to-day, and
there has been rather more business than could be
effected last week, but spinners ere rather free sel•
lers at about last week's terms. Sellers say, though
things are better than last week, still there is not
a good business going on—people do not buy freely.
Spinners have been offering yarn rather freely, and
it is thought this may be a reason why buyers hold
back. Sellers in the cloth marketare a good deal
disappointed, like those in the yarn-market, that
the India telegrams received yesterday have not
produced a batter effect. The advises were so
decidedly better that they were in hopes buyers
here would be induced to enter the market more
freely, but this has not been the case. Buyers are
not only quiet, but seem indisposed to make offers
to any extent. Some little business has been done
in light T •cloths, shirtings, and madapollams,
chiefly for Bombay, to meet immediate require-
ments; but there has been no general desire to buy
manifested, and offers that have been made, as a rule,
wore at prices too low to be accepted by manufac-
turers, who still hold pretty firmly to their quota-
tions. The general feeling of the market to-day
shows some little improvement, and some sales have
been made for various quarters, but they have been
small. The aggregate business of the day has been
considerable in amount, and the improvement in
prices very small. As a rule, the prices of cloth
may be quoted as about in the same position as last
week.

LEEDS, 30th.--There has been a numerous attend-
ance in the cloth halls to-day, though only little
business has been done. To some extent buyers'
operations are prevented by the scarcity of some
kinds of goods. Superfine plain cloths can scarcely
be met with, and the best unions are so rarely offered
that there are cases in which an advance of 6d and
6kd per yard has been gladly given. As to wools
and blacks and blues, the dearth is such that ac-
twiny goods of that description have been bought
in the West of England to enable merchants here
to supply orders of pressing importance which had
been received. Of seal skins, black and brown,
there is likewise by far too small a quantity to en-
enable buyers to enter into transactions with confi-
dence. The demand for such goods is not by any
means exhausted, but the manufacturers regard the
fall trade as over, so far as they are concerned, and
will make no more such heavy cloths except to
special order. Their occupation now is principally
the preparations of samples for the spring trade, and
already sample ends in some variety have been for-
warded to the merchants. It appears quite evident
that fancy diagonals in mixtures for mantles will
occupy a prominent position in the trade of the next
season. For men's wear there are out different pat-
terns of fancy coatings, but it is the opinion of come
potent persons that more plain goods will be worn
next spring than anything else, notwithstanding
that they will be extremely dear, both because the
raw material has commanded the highest prices at
the sales, which close to-morrow, and because indi-
go is an :important article in the dyeing process,
which has greatly increased in 'nice. There have
been some deliveries to-day of double milled wit-
ness, pilots, &c., from the White Cloth-hall, but the
demand for winter goods will now gradually be-
come extinguished.

NOTTINGHAM, 30th.—Business was quiet at this
exclunge hall to-day, and there was only a small
attendance. The improved advices from Liverpool
awed sellers to ask full rates for lace yarns, but
only few transactions were effected. Hosiery
yarns met a quiet sale, and previous rates were for
the most part made. In silks not much change to
note. Brown nets a slow sale, at about previous
prices.

RocnDALE, 29th.—There was a good market
to-day for flannels, and the manufacturers are able
to secure the full prices of last week. The greatest
demand is for middle and low qualities, of which
there is little stock in the hands of producers. The
manufacturers of both plain and fancy goods are
fully employed. Yorkshire goods sell well, but the
high prices demanded rather check sales. The local
wool trade is active, and prices very firm.

THE RELATIONS BETWEEN SPAIN AND ITALY.-
A Turin letter of the 25th says :—" Within the
last few weeks the relations between Spain and Italy have
assumed a more friendly character. You aro aware tha:
the two Governments have each a chargd d'affaires, who
constantly maintains effUal intercourse with the court to
which he is accredited. Not long since a consular agent
of the Kingdom of Italy, in n small town in Spain,
thought proper to put over his door the words ' Italian
Consulate,' instead of ' Consulate of King Victor Em-
manuel.', Tho Spanish f;onservativo party were greatly
irritated by this change, and a complaint was addressed
to Qu-en Issbella's Government. Some rigorous measure
was expected, and certain parties did all they could to pro-
voke it, but the Spanish Ministry gave proofs of its tole-
rant spirit by taking no notieo Of the affair, and the in-
scription put up by the consul still remains. This fact,
though of little importance in itself, neverthless indicates
friendly dispositions on the part of the Spanish Govern-
ment,"

TRIAL TRIP OF A STEAM RAM.—We learn by
electric telegraph that an unofficial trial trip of the Scorpion,
one of the Birkenhead rams, was made yesterday. The
speed attained was about 12 knots an hour. She answered
her helm splendidly. The resultd are con6ilerod exceedingly
eatietactory,