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

STATE OF TRADE.

MANCHESTER, Sept, 6.—The market for shipping yarns
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 som a
that if the telegrams now due from India should be as e 7.3..
couraging as the last they may leaf to some improvement ;

but it can hardly be said that such hopes are generally or
very sanguinely held. The market for home-trade yams, is
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-
quirements, and those who are not in urgent want of yarn's
for their mills prefer postponing purchases. There seem E
to be a growing determination both on the part of spinne' :s
and manufacturers to lessen production and to close
their mills unless the prospects of the trade improve.
In the cloth-market things are worse, if possible, than in
yarns, and sellers have been not only without busines a, but
without offers. Merchants generally seem determined for
the present to abstain from buying. Cloths cou'id, un-
doubtedly, be purchased on easier terms than on Tuesday
last, though to what extent it is utterly impossible to say,
in the absence of offers to test the market. The m counts
from nearlyall markets, home and foreign, as to the weight
of stocks on hand are favourable, and as to pric,cs ; but
other influences, before adverted to, stern to outweigh all
these considerations, and whatever weight they may justly
deserve, it is certain that cotton goods appear to have beers
unsaleable in Manchester to-day. Messrs. John Slagg an
Co. report :

" Our market is, if possible, duller than last week. Offers
of any sort are hardly obtainable, and the day closes almost
without operations of any sort. Although 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 goods
were purchased. Till the stocks of autumn and vrinter goods
now in the hands of the large houses have been. seduced by
purchases by the retail dealers it is likely that our market
will be of a quiet character. At the same time, also, the
trade at the warehouses is not likely to be very brisk ; but
a full seasonable business continues to be done, and there is
no lack of work among the manufacturers. Wools are
firmly held at last week's price, and tho 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 to-day the
attendance was moderate. The 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.
ROCIIDALE, 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 aro
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. There is good business doing in the wool trade, and
last•week's rates are steadily supported.