The Sun.
London, England, 1864-10-26 00:00:00

STATE OF TRADE.

MANCEIESTER, Oct. 25.—1 n the market for ships
ping yarns there is very little change for the bet-
ter. Some few sales have been made, bat at
ruinously low prices to producers, and but for these
sales our market would again have been a Yank.
Great distrust prevails, and few people appear dis-
posed to go into any operations of moment at pre-
sent. Home trade yarns have been a little improved
by the movement in the Liverpool cotton market,
but prices are very little changed from the current
rates of Friday. Spinners show a disposition to
sell, but the business of the day has not been an
average one. The excitement in the Liverpool
cotton market has had more effect upon the cloth
than the yarn market, and has to some extent
checked the downward tendency of prices. It has
also had the effect of bringing buyers into the
market to some extent, and offers are made for
cloths somewhat more freely, at old rates, leading
in some instances to a fair amount of business.
There is an unwillingness, however, to pay such an
advance as would cover the rise in the cotton mar-
ket, otherwise the transactions of the day would
probably have reached a considerable amount. The
inquiry has been of a very general character, in•
eluding most of the staples suitable for India, and a
very large number of buyers have appeared willing
to invest eapital in cotton goods at present prices.
The quotations of sellers have been considerably
reduced since last Tuesday ; but still the sales made
have been a little above the lowest point we had
reached up to yesterday. With a rather better
feeling among both buyers and sellers in consequence
of the change at Liverpool, still the movement there
is regarded merely as a speculative one, and not
as one likely to be long.lived, if indeed, it does not
meet with a severe check. The better business in
cloth to day, in fact, is only the natural result of a
fear that prices for the present have touched the
lowest, and this has precipitated a number of orders
on the market that were holding in suspense.
Messrs. John Slagg and Co. report :—" Our mar-
ket has to tome extent responded to the improve,.
ment in Liverpool, and we have to-day a good in-
quiry for all Indian staples. A large business might
be done at the existing low rates, but buyers are
un willing to give the advanced prices asked by
manufacturers."

LEEDS, 25th—The woollen-cloth trade keeps
quiet, but to-day's markets in the cloth-halls have
been as active as those of the past few weeks. A
few parcels of both heavy and medium goods
changed hands, and a sprinkling of the finer quali-
ties of blacks were all sold, with a few cloakings,
making up altogether a tolerable quantity of mis-
cellaneous fabrics. The manufacturers complain of
a paucity of orders for spring goods, upon which
many of them are engegdd. There is a little slack•
ness among dressers and finishers, consequent on
the falling off of sales, and dyers, too, are not so
busy as they were a month ago. It appears pro-
bable that the woollen trade of the West Riding
will not undergo much improvement till the spring
trade sets in. In the meantime there is neither
absolute depression and buoyancy, but the business
doing is of a very legitimate character. Both goods
and wools keep tolerably steady in price. Tne flax
trade is moderately active, but not to the same ex-
tent it was a month ago. The flatness of the cotton
market and the state of the woollen do not tend to
improve any other textile manufacture. Mr. Albert
Samuel Saalfeld, woollen merchant, of this town,
whose affairs have more than once been referred
to in those reports, surrendered himself under a
fiat of bankruptcy in the Leeds District Court of
Bankruptcy yesterday. His estate is not likely to
pay more than 4s. or ss. in the pound. The Leeds
Banking Company are creditors to about two-thirds
of the whole of Mr Saalfeld's debts. As to the
affairs of the Leeds Banking Company itself, they
are generally viewed in a more favourable aspect
than they were, and even the largest shareholders
-are not so apprehensive --as- they were as to the
amount of their calls.' It is understood that persons
indebted to the bank 'Eire making their payments,
even before the full appointment of the liquidator,
quite as well as could be expected, or even better.

NOTTTNGHAM, 25th.—At this Exchange hall to-
day there was about an average attendance. The
demand for lace yarns was limited, bat the full rates
of last week were maintained. For hosiery yarns
the demand was very dull ; prices, however, under-
went no material change. Silks quiet, but firm.
The demand for brown nets continues very flat, and
there is no immediate prospect of any improvement.
Prices may be quoted the turn in favour of the
buyer.
ROCHDALE, 24th.—Thongh this is a season when
a good deal of ordinary flannel is usually bought,
there is really less business doing by the wholesale
houses than there has been for some time past. This
arises in part from the amount of stocks in hand,
which must be cleared off before purchases become
brisk, and also from the tightness of the money
market, and the late reduction in the price of cot-
ton. Manufacturers are beginning to lessen their
rate of production, but not yet to any great extent.
To-day's market was thinly attended by buyers,
and they purchased but a small quantity of goods.
In general prices were the same as last week, but
to effect sales a slight reduction was in many in-
stances submitted to. Yorkshire goods as well as
flannels were in small request, and some of the ma-
nufacturers are running their mills short time. The
wool market participates in the quietness, and
prices are slightly easier.

The steam frigate Labrador has arrived at Toulon
from Algiers, having suffered so greatly from bad
weather that she is now obliged to go into dock for repairs
to her hull, rigging, and engines. Out of 130 horses which
she had to carry from Algiers to Oran, only five were landed
at the latter port in good condition. Eighteen were killed
outright, and the remainder suffered so much that on land-
ing they had to be placed, half dead, under the care of the
veterinary surgeons. The Labrador was forced, it may be
remembered, to put into Barcelona from stress of weather.
FRENCH ACADEMY OF SCIENCES.—At the last
sitting a paper was received from Dr Blanchet on
three curious cases of constitutional lethargic slumber.
One of them was that of a lady, 24 years of age, who hav-
ing slept for 40 days at the age of 18, and 50 days at the
age of 20 during her honeymoon, at length had a fit of sleep
which lasted nearly a whole year, from Easter Sunday,
1862, to March, 1863. During this long period, a false
front tooth had to be taken out in order to introduce milk
and broth into her mouth. This was her only food ; she
remained motionless, insensible, and all her muscles were
in a state of contraction. Her pulse was low, her
breathing scarcely perceptible; there were no eva-
cuations, no leanness ; her coraplexion was florid and
healthy. The other cases were exactly similar. Dr; Blan-
chet is of opinion that in such oases no stimulants or forced
motion ought to be employed. M. Lecoq communicated
his observations on the mineral waters existing in the
centre of France, which never was covered by the sea, and
presents the characteristics of a strong volcanic action. The
number of mineral springs discovered by him amounts to
512, a number which he considers to be still incomplete.
The majority of these springs are grouped together ; large
lines of fracture along the surface, chiefly lying north and
south, mark series of mineral waters. Two of these lines
follow the primitive steep declivities of the Limague,
and another skirts the sinuosities of the Allier.
Most of the springs are rich in bi-carbonate of lime and bi •
carbonate of soda. M. Bache sent in a map of the magnetic
lines of Pennsylvania, intended for a work on the subject
now in the press. A letter was read from M. de Blocque-
ville, who, after a long stay in Turkestan, where he was
kept by the wandering tribes, has now returned to France,
the French Government having forced Persia to negotiate
with those tribes fur his deliverance. M. do Blocqueville
accompanies his letter with a series of highly interesting
documents concerning Turkestan—ho being the only Euro-
peen able to give a correct idea of that country, which i,
not even accessible to the Affghans without danger.
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