The Sun.
London, England, 1864-11-16 00:00:00

STATE OF TRADE.

MANCHESTER, Nov.ls.—The amount of bucinces
doing in shipping yarns has been but small totday,
in consequence of the excessively high prices spin-
ners have been compelled to atk in order to keep
pace with the rapid rise in the raw material. The
rise since this day week in shipping yarns has been
at least ld. per lb., while in home-trade yarns the
advance is 11 l. to 2d., and in some cases 2d. to 3d.
Buyers were not yet prepared to pay these extreme
prices, though they seem to have no lack of orders
iu hand, Tho market for home-trado yarns appears
to be fully as strong as that for export goods, and
the extreme prices demanded by spinners have
alone checked operations. In the cloth-market
there has been a very active demand during the
past six days,with a strong disposition to purchase.
The consequence -has been that some very heavy
contracts have been placed, extending over periods
which place the time of final delivery in some cases
at long dates. With such an amount of business
doing prices have been gradually hardening.
Cotton keeps to some extent ahead of manufacturers,
however, and this fact, combined with the high
prices asked by spinners, has compelled sellers to-
day considerably to increase their quotations, and
they are obliged to name prices which buyers are
unwilling to respond to. This has a good deal
checked business to-day, and the actual amount
done has been small when compared with the result
of some previous days within the last week.
Though a good deal of business has been done in
India cloths, the improvement is much more gene•
ral than of late. For printing cloths especially
there has been a good deal more inquiry than for
some time past. indeed, these goods have of late
been a good deal neglected. Messrs. John Slagg
and Co. report of this day's market :
" Since last Tuesday we have had an active den
mend, and large orders have been placed at gra-
dually improving rates. The advanced prices of
cotton and yarns have to-day compelled manufac-
turers to raise their quotations to a point not fol•
lowed by buyers, and oar market closes with a
rather limited business."
LEEDS, 15th—The woollen cloth market in both

the halls was of an inanimate character to-day, the
attendance of buyers being below an average, and
their purchases of a very circumscribed range. Small
parcels of good black cloths, with some miscellanea
ous purchases of tweeds, meltons, witness, and other
fabrics, both heavy and light, changed hands at
prices not materially different from those of the last
few weeks. Though the market was dull as to aca
lust sales of goods, it was moderately cheerful is
other respects—that is, taking into account the dea
gree of depression which several late failures have
caused, There have been some flying rumours of
other failures in the woollen trade besides those
which have already appeared in the Gazette or have
otherwise been brought before the public, but they
are not traceable to any authentic source. At the
same time much caution is exercised both by manu-
facturers and merchants, and consequently both
orders and sales of goods arc less than usual when
circumstances are more favourable. Clothing wools
ere steady in price, but the demand is not brisk.
The flax
it, b
trade irie is lesse:
of active than we lately had to
report
nally the same as lastywaerenks and threads are nomi4
.

ROCRDALE, 14th—There is a slight improvement
in the flannel trade. There has been afair attend.

ante of buyers to
- --- -
and more disposition to buy
was manifested than for the past few weeks. The
approach of cold and winterly
.weather hoe natn•
ra.lly increased the demand for the heavier kinds cf
goode. The sale of these, conjetnea with a sprinka
ling of the finer and some fancy Lb:ice, made the
business of the day satisfactory, especially es manu-
facturers realised the prices they asked more readily
than last week. Yorkshire goods also were in bet-
ter request, and prices rather firmer, consequent
probably on the increase in the price of cotton.
Generally speaking, the flannel and kindred mann..
facturers are tolerably well employed, and their
prospects for the winter months are more hopeful
than we have lately had to notice. The stocks of
goods in their hands are not large, and the demand
is likely to keep equal to the present rate of supply..