The Sun.
London, England, 1864-09-07 00:00:00

STATE OP TRADE.

MANCHESTER, Sept, 6.—The market for shipping yar-an
has been very dull, and there has been no business doing
for any quarter. Fine yarns are particularly flat, and
spinners are rather anxious sellers. It is thought by some
that if the telegrams now due from India should be as en-
couraging as the last they may lead to some improvement ;
but it can hardly be said that such hopes are generally or
very sanguinely held. The market for home-trade yarns 18
very dull, and there is but little inclination to buy on the
part of manufacturers, who look with considerable un-
easiness to the advices from America and to the effect
which these have already produced on the money-market
in this country. They are buying only for immediate re p
quirements, and those who are not in urgent want of yar as
for their mills prefer postponing purchases. There see ms
to be a growing determination both on the part of spinr sirs
and manufacturers to lessen production and to dose
their mills unless the prospects of the trade imp rl)ve.
In the cloth-market things are worse, if possible, that f in
yarns, and sellers have been not only without business, but
without offers. Merchants generally seem determined for
the present to abstain from buying. Cloths could, un-
doubtedly, be purchased on easier terms than on Tuef day
last, though to what extent it is utterly impossible to say,
in the absence of offers to test the market. The acco ants
from nearly all markets, home and foreign, as to the weight
of stocks on hand are favourable, and as to prices ; but
other influences. before adverted to, seem to outwetr.k all
these considerations, and whatever weight they way ji tally
deserve, it is certain that cotton goods appear to have boen
unsaleable in Manchester to-day. Messrs. John Slagg :and
Co. report :

" Our mark,t is, if possible, duller thnn last week. Offers
of any sort aro hardly obtainable, and the day closes air lost
without operations of any sort. Althrmgh we have some-
what reduced our quotations, they still only nominally re-
present the value of goods."

LEEDS, 6th.—There has been a limited attendance of
buyers in the cloth halls this morning, and but few good s
were purchased. Till the stocks of autumn and winter g00e,,,
now in the hands of the large houses have been reduced ay
purchases by the retail dealers it is likely that our mar'af3t
will be of a quiet character. At the same time, also, the
trade at the warehouses is not likely to be very brisk ; tut
a full seasonable business continues to bo done, and them is
no lack of work among the manufacturers. Wools are
firmly held at last week's price, and the same may be said
as to goods in general, The flax trade is steady, and the
manufacturers are well employed.
NOTTINGHAM, 6th.--At this Exchange-hall today the
attendance was moderate. 'rho demand for lace yarns was
slow, but prices underwent no material change. Hosiery
yarns were firm, at late rates. Silks maintained their value.
Brown nets a slow sale. Late prices were, however, for the
most part made.
ROCHDALE, sth.—The flannel market was brisk to-day,
there being a good attendance of buyers, who purchased
freely of almost all kinds of goods. Upon the whole, how-
ever, plain flannels of medium and low qualities sold best.
The manufacturers keep very well engaged, and they are
far from being anxious to take large orders for future de-
livery, except at the highest current rates. Yorkshire goods
are not in quite so much demand as lately, but prices are
firm. Thera is good business doing in the wool trade, and
last•week's rates are steadily supported.